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How Federal Debt May Impact Banking

South State Correspondent

The relationship between federal deficits and interest rates may depend on many complex factors, such as: whether tax rate changes, money supply changes, government spending changes, or political and economic stability worldwide accompany the deficits. With time, these changes will only amplify.

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Blockchain Believers Remain Bullish On B2B Payments Disruption: PayPie

PYMNTS

As the peaks and valleys of blockchain hype continue to rise and fall, more doubt has surfaced over the future of distributed ledger technology, particularly in the area of B2B payments. Analysts point to the challenges associated with adoption and implementation of blockchain-powered B2B payment solutions as a key hurdle for the technology.

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Wells Fargo Fallout, New Amazon Payments Top Week’s News

PYMNTS

There were also New York Post reports that the technology might make an appearance at Whole Food checkouts this year. In early September 2019, reports emerged that Amazon was testing hand recognition-based payments at Whole Foods locations using its New York employees and some custom-fitted vending machines as an initial experiment.

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