PYMNTS

APRIL 30, 2020

Treasury will allow two financial technology companies to issue prepaid Visa cards loaded with coronavirus stimulus payments. Reuters reported its sources confirmed MetaBank of South Dakota and Wisconsin-based Fiserv got the go-ahead following lobbying of the Internal Revenue Service (IRS) by payment industry groups.

IRS 74

IRS Request for Comment Treasury Push-to-Card 74

PYMNTS

MARCH 26, 2020

As reported, those Americans with direct deposit account information stored with the Internal Revenue Service (IRS) — the conduit through which they get refunds — will get those payments within a few weeks after legislation is finalized and signed. There also is Mastercard Send for push payments as an alternative to ACH.

Checks 100

Checks Push-to-Card Direct Deposit IRS 100

PYMNTS

JANUARY 1, 2021

Many consumers were still facing pandemic-related financial strains going in to the holidays, making flexible payment options all the more important as they began buying gifts. I think, when you’re spending close to $200, BNPL can make it more palatable and make the items more accessible,” Demsky said. “We Digital-First Banking. Disbursements.

Economy 103

Economy Online and Mobile Banking Credit Union Money Laundering 103

PYMNTS

MAY 11, 2020

Others believe there’s a paper check coming but find no details on the IRS “Get My Payment” web portal set up to track the progress of funds. The Visa Direct push payments service is likewise an option to disburse PPP funds and other financial relief. People want answers. Here’s one that provides clarity on the matter: “As the U.S.

Online and Mobile Banking 52

Online and Mobile Banking Multi-Currency Digital Currency Federal Reserve 52

PYMNTS

MAY 31, 2018

The IRS is hiring and training more than 3,000 agents to enforce its Foreign Account Tax Compliance Act (FATCA), and the onus is now on the payer to collect all necessary tax documents from the payee and validate the info on those forms. Like it or not, automation is not only possible – it’s already changing the world in dramatic ways.

Remote Deposit Capture 43

Remote Deposit Capture Automation Cross-Border Compliance 43

PYMNTS

MAY 31, 2018

The IRS is hiring and training more than 3,000 agents to enforce its Foreign Account Tax Compliance Act (FATCA), and the onus is now on the payer to collect all necessary tax documents from the payee and validate the info on those forms. Like it or not, automation is not only possible – it’s already changing the world in dramatic ways.

Remote Deposit Capture 40

Remote Deposit Capture Automation Cross-Border Compliance 40

PYMNTS

APRIL 7, 2017

billion accounts internationally, Stavridis said that activity encompasses larger nations pushing on smaller ones and on other big nations too. Along with that threat surface, said Stavridis, there are vectors to be concerned about. Kitty Hawk and the Dawn of ‘Figuring All of This Out’. into the age of flight — the U.S.

Cybersecurity 40

Cybersecurity Authentication Security Federal Reserve 40