Matthew Donnelly, VP of Solutions and Finance at FreedomPay, discusses the rise of contactless transactions like Apple Pay and Samsung Pay and how his company is streamlining that process. Donnelly weighs in on FreedomPay's use of the Cloud and how it streamlines peer to peer transactions. We dig into the security risks and the repercussions if contactless transactions are able to be hacked.

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Biden Proposes Canceling Student Loan Interest to Tackle Debt Crisis
The Biden administration has unveiled a plan, Plan B, to address the student loan debt crisis. It offers to cancel up to $20,000 in interest for borrowers enrolled in income-driven repayment plans. This proposal aims to reset balances for those facing growing debt due to unpaid interest, benefiting low—and middle-income borrowers. An estimated 25 million borrowers are eligible for some form of interest forgiveness.
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