PYMNTS

APRIL 27, 2020

According to the IRS, the updates will make it easier for individuals to add direct deposit information and check the status of their funds. He noted that those who input their direct deposit information are likely to get their money faster. IRS Commissioner Chuck Rettig urged those who had trouble before to try again.

IRS

PYMNTS

APRIL 23, 2020

Others, using the IRS’s Get My Payment tool on its site, have seen messages like “Unable to determine eligibility,” in cases where direct deposit information is unavailable. One 73-year-old Connecticut resident is wondering if she’s eligible for payment based on her 2018 or 2019 tax returns after being laid off from a nonprofit.

IRS

PYMNTS

MARCH 13, 2020

The Portland-Oregon-based company has quietly become a rainmaker in the space, raising $319 million from investors in Q4 2019 alone, bringing its private equity take to nearly $527 million to date. We look at demand, we look at demand velocity and all those things go into how we price,” Milne said, “and we get a better return for our owners.

AI

PYMNTS

JANUARY 24, 2020

Government disbursements can range from child support payments and annual tax returns to pension and retirement fund payouts. The IRS has accepted digitally filed tax documents and issued digital refunds for years, and it received approximately 29 million electronic returns via direct deposit between February 2018 and February 2019.

Instant Payments

PYMNTS

JANUARY 27, 2020

Another glitch in 2019 delayed funds to as many as 10,000 U.S. The Internal Revenue Service (IRS) has been blazing a digital trail for years and processed 29 million returns via direct deposit between February 2018-2019. veterans temporarily without pension and disability payments.

Faster Payments

PYMNTS

MAY 29, 2020

And in 2019, the company participated in a $530 million funding round for autonomous tech firm Aurora Innovation. The app also makes it possible to deposit funds at a Walmart location, with the money available within 10 minutes. They can also get free shipping from Walmart with a minimum $35 order and make returns at retail locations.

Online and Mobile Banking

Fintech Labs Insights

JANUARY 13, 2025

annual return Challenger SMB Banks Currently Active in the United States 1. 7,600 17 Arival 6 6 Jan 25 2018 Miami, FL $11 5,200 Sources: FintechLabs, Pitchbook, Crunchbase, SimilarWeb; 6 Jan 2025 * Our business model depends on revenue from referrals and sponsors. based on Q3 23 secondary market sales Website visits: 1.7 million (Nov.

Small Business

PYMNTS

APRIL 16, 2020

The new Get My Payment tool launched on Wednesday (April 15) by the IRS and the Treasury Department is supposed to let people know when they can expect their stimulus check or direct deposit, or allow them to enter direct deposit information so they can get their money faster. . The funds are part of the $2.2

IRS

PYMNTS

JUNE 29, 2020

Mobile deposits, meanwhile, were up over 80 percent in April 2020 compared to April 2019.”. Much of this new digital traffic is due to the government stimulus bill that provided most Americans with $1,200 to help them stay afloat through the crisis.

Online and Mobile Banking

PYMNTS

MAY 7, 2020

Any $1,200 COVID-19 stimulus checks sent to dead people by the Internal Revenue Service (IRS) must be returned, the agency says. However, the erroneous payments to dead people may have come about because the IRS largely sent out payments based on people’s tax returns for 2018 and 2019.

IRS

PYMNTS

APRIL 15, 2020

No further action is needed by taxpayers who filed tax returns in 2018 and 2019 and most seniors and retirees.”. But it will allow taxpayers to provide their bank account information so they can receive it by direct deposit. To check status, taxpayers must have filed their 2018 or 2019 taxes. There are limits.

IRS