A man recovering from heart surgery at home is shocked when he finds out his insurance has denied coverage for a critical part of his hospital stay. When he looks into what happened, he finds a ...

A lot of ink has been spilled speculating about FedNow, the US government’s forthcoming real-time payments infrastructure — especially how and why it differs from The Clearing House’s RTP product, ...

A 25-year-old engineer named Marko Elez, who previously worked for two Elon Musk companies, has direct access to Treasury Department systems responsible for nearly all payments made by the US ...

Four days after Donald Trump’s inauguration, Elon Musk’s top lieutenants at the Treasury Department asked its acting secretary, a career civil servant, to immediately shut off all USAID payments using ...

WASHINGTON—The Treasury Department has agreed to give Elon Musk’s Department of Government Efficiency access to a payment ...

It’s barely been two weeks, but Elon Musk’s attempts to run the federal government like one of his businesses have already resulted in a level of chaos and inefficiency we’ve never before seen in ...

WASHINGTON — The Treasury Department’s Office of Inspector General on Friday said it was launching an audit of the security controls for the federal government’s payment system, after Democratic ...

As mentioned in the previous articles on System Design For The AI Era, AI is more than a change in hardware and software. It is a change in design methodology that will require subsequent changes in ...

Agencies could be on the hook for interest on late payments to government contractors, as President Donald Trump seeks to overhaul the contractor payment system. On Feb. 26, the president signed an ...

The Pix instant payment system is used by nearly everyone in Brazil, from street vendors to major retailers. In a recent op-ed, economist Paul Krugman even touted it as the “future of money”. Its ...