Tag: payments

Payments in lieu of taxes approved for commercial development in Jamestown

Jul. 1—JAMESTOWN — The Jamestown City Council in a 3-0 vote approved a five-year pilot for payments in lieu of taxes for the development of a commercial building. Councilman David Schloegel was not present at the meeting on Monday, July 1. Councilman Dan Buchanan passed away in June. The five-year pilot is contingent on approval […]

India, four SE Asia countries plan instant retail cross-border payments

MUMBAI (Reuters) – The central banks of India, Malaysia, Thailand, Singapore and the Philippines are working together to start an instant cross-border retail payments platform by 2026, the Bank of International Settlements (BIS) said on Monday. BIS, dubbed the central bankers’ central bank, said it aims to link each country’s instant digital payment system — […]

‘Sinking Settlement Hopes’ residents still seeking water lawsuit payments

LAWRENCE COUNTY, Ala. (WHNT) — In “Sinking Settlement Hopes” News 19’s ongoing investigation into a contaminated drinking water lawsuit settlement now finds frustrated Lawrence County residents have taken steps to try and collect settlement payments through the courts or through complaints to the Alabama Bar Association. But so far, it appears those residents remain in […]

How to pay off your house faster with biweekly mortgage payments

Paying off your mortgage can take a long time — usually decades. In the meantime, it can limit your monthly cash flow, take money away from other investments, and leave you spending hundreds of thousands in interest over the long haul. Fortunately, there are ways to speed up your timeline. In fact, by making biweekly […]

Russia’s Richest Woman Gets Putin’s Nod to Build Payments System

(Bloomberg) — Tatyana Bakalchuk made billions selling everything from brooms to bridal gowns on her online marketplace. Now Russia’s richest woman is making a surprise pivot: to helping insulate the economy from sanctions by building an alternative to the global payment system major Russian banks were excluded from. Most Read from Bloomberg Bakalchuk’s Wildberries — […]

Russia, China find payments workaround as US sanctions net widens, sources say

MOSCOW (Reuters) – Russia-China trade options have narrowed since the U.S. imposed sanctions last week on the only Russian bank branch in China, but President Vladimir Putin‘s Chinese visit last month has helped ensure the two countries have payment alternatives for now, three sources said. Since Putin’s visit, specially authorised banks have been set up […]