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IRS: Stimulus Card Isn’t Junk Mail

PYMNTS

The Internal Revenue Service ( IRS ) wants to make sure you don’t throw out your prepaid $1,200 government stimulus debit card. The Treasury issued 4 million stimulus payments by debit card as part of a program to help get stimulus pay out to Americans who didn’t have bank information on file for the last few years with the IRS.

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IRS Wants To Make Sure You Don’t Throw Out Your Stimulus Payment Card

PYMNTS

The Internal Revenue Service ( IRS ) wants to make sure you don’t throw out your prepaid $1,200 government stimulus debit card. The Treasury issued 4 million stimulus payments by debit card as part of a program to help get stimulus pay out to Americans who didn’t have bank information on file for the last few years with the IRS.

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Today In Digital-First Banking: Revolut Seeks UK Financial Services License; Capital One Joins Fiserv’s MoneyPass ATM Network

PYMNTS

financial services license, while Capital One has agreed to join Fiserv’s surcharge-free MoneyPass ATM network. Capital One Joins Fiserv’s MoneyPass ATM Network. Capital One has signed on to become part of Fiserv's surcharge-free MoneyPass ATM network. IRS Error Puts Stimulus Payments in Wrong Accounts.

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PayPal Waives Check Cashing Fees For Stimulus Checks

PYMNTS

This can be done from a mobile phone, without the user leaving their home to go to a bank or ATM. According to the IRS, they'll use the same Direct Deposit details as they did the first time, the release stated.

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PYMNTS 11: Cornucopia Edition

PYMNTS

20 | Number of people the IRS recently indicted over IRS scams. $4 billion | The value the global ATM market is expected to reach by 2022. billion | The value the global ATM market is expected to reach by 2022. (Happy holidays, indeed.). 1,000 | The price of a bot army.

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Bitcoin Tracker: Bitcoin Flies High

PYMNTS

The company also installed a publicly accessible bitcoin ATM in their Zurich offices. In mid-November of this year, the IRS sought access to Coinbase’s user records as part of an investigation into alleged tax violations connected to digital currency. 30, the IRS got their wish. But Coinbase isn’t going quietly.

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Criminals Reverting to Old-School Tactics with New Twists, Visa’s State of Scams Report Shows

Fintech Finance

Government impersonation scams: Consumers are falling victim to scams where fraudsters pose as representatives from the government, including agencies like the USPS, the FBI and the IRS. As government impersonation scams move towards cash, Visa predicts that banks will see an increase in large cash withdrawals by customers at ATMs.

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