The ACH Network Delivered Economic Impact Payments on Time
In late March, with COVID-19 spreading rapidly and the economy coming to a grinding halt, Congress passed the CARES Act. ...
Tag: direct deposit
Americans Likely to Receive another Round of Stimulus Payments
Yesterday, Senate Republicans released their plans for the next pandemic-related economic rescue package. While the Republican proposal has some substantial ...
What Nacha’s ACH Volume Announcement Tells Us about the Economy
With second quarter behind us, we are now beginning to get an understanding of the health of the payments industry ...
The IRS Begins to Collect Direct Deposit Information
Forbes announced the federal government’s solution to capture direct deposit information from citizens who don’t file taxes or don’t receive ...
Not All Paydays Are Created Equal: How Same Day ACH and Direct Deposit Move Money Faster
Following the Federal Reserve’s announcement that it will create a real-time payment network named FedNow, it became clear that there ...
Direct Deposit of Income Taxes on Prepaid Cards has Become Mainstream
With a large portion of the U.S. population being unbanked or underbanked, prepaid cards have stepped in to assist this ...
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