PYMNTS

APRIL 17, 2020

IRS Has Rocky Start With Stimulus Funds As Money Misrouted. The Internal Revenue Service (IRS) is having a difficult time getting coronavirus stimulus money to those who need it the most, with misrouted funds and error messages on the Get My Payment tool. JPMC To Require 700 Credit Score, 20 Pct Down For New Mortgages.

Cross-Border 56

Cross-Border IRS Direct Deposit Small Business 56

PYMNTS

APRIL 5, 2018

As of March 16, 2018, the Internal Revenue Service (IRS) reports approximately 72.7 percent consumers reportedly receiving this type of payment. Nine out of 10 tax refunds are issued through direct deposit in approximately 21 days, according to the IRS. million individual returns have been filed electronically, a slight 0.7

Payments Tools 40

Payments Tools Tax Refunds Direct Deposit Blocks 40

PYMNTS

JUNE 2, 2020

IRS, the agency responsible for sending out stimulus checks mandated by the country’s federal Coronavirus Aid, Relief and Economic Security (CARES) Act, is still reporting problems with its checks. Disbursement stumbles have not been limited to the healthcare industry, either.

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IRS Checks Instant Payments Direct Deposit 82

PYMNTS

DECEMBER 16, 2020

The IRS is ready to deal with direct deposit if you have a regular bank account, and they are ready to deal with paper checks, [but] they are not used to dealing with [more] payment methods on a widespread scale,” Jun said in a PYMNTS interview.

Government 93

Government Governance IRS Push-to-Card 93

PYMNTS

JANUARY 1, 2021

This all means that the payments individuals expect from the government and corporate entities such as insurance companies must be made with significant speed so individuals can pay their urgent bills. CFOs Guide To Digitizing B2B Payments.

Economy 103

Economy Online and Mobile Banking Credit Union Money Laundering 103

PYMNTS

JUNE 1, 2018

Additionally, some companies are seeking profit in offering spend management and payment tools designed to better serve firms that rely on gig and freelance workers. The new QuickBooks tool gives “small business owners confidence in their finances,” according to the press release.

Direct Deposit 40

Direct Deposit B2B IRS Payroll 40

PYMNTS

JANUARY 24, 2020

Payment Challenges Stall Government Innovations . 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. Forty-four out of the 50 U.S.

Instant Payments 52

Instant Payments Governance Government Direct Deposit 52

PYMNTS

APRIL 16, 2020

From error messages on the Get My Payment tool to misrouted funds and checks sent to dead people, the IRS is having a tough time getting coronavirus stimulus money into the hands of those who need it most. . The IRS can’t seem to figure out how to send money to the same account they took it out of,” one user tweeted. “I

IRS 116

IRS Direct Deposit Returns Payments Tools 116

PYMNTS

JULY 20, 2017

In 2016, the value of smartphone payments in China hit $5.5 according to IR Search. That roughly 50-fold difference in size denotes that in the U.S — and to a somewhat lesser extent, Western Europe — mobile payment is an emerging option that is still finding footing with use cases. The Mobile Swap — by the Numbers and Beyond.

Online and Mobile Banking 55

Online and Mobile Banking Mobile Payments Ubiquitous Consumer 55

PYMNTS

APRIL 15, 2020

The Internal Revenue Service (IRS) launched a “ Get My Payment ” tool Wednesday (April 15) to track payments of the coronavirus relief money included in a federal economic stimulus bill. The IRS is committed to helping you get your Economic Impact Payment as soon as possible,” the agency said in a statement. “The

IRS 92

IRS Tax Refunds Payments Returns 92

PYMNTS

APRIL 16, 2020

Treasury Secretary Steven Mnuchin to fast-track stimulus payments to Americans, several million taxpayers are still waiting, according to The Washington Post. It appears the IRS lacked their direct deposit information, the Treasury, companies and experts said. But glitches have frustrated some taxpayers, the Post reported.

Checks 104

Checks IRS Direct Deposit Treasury 104

PYMNTS

APRIL 15, 2020

Also on Wednesday, the Internal Revenue Service (IRS) announced it has launched a “ Get My Payment ” tool to enable filers to check on their relief money from the federal economic stimulus bill.

Checks 99

Checks Online and Mobile Banking IRS Direct Deposit 99

PYMNTS

AUGUST 27, 2020

Some Americans who got smaller stimulus payments than they expected or even none at all in the spring should receive funds soon, CNBC reported Thursday (Aug. The payments will be issued in early- to mid-September. These spouses do not need to take any action to get their money,” the IRS said in the release.

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IRS Consumer Payments Payments Tools 112