Preparing Your Financial Institution for CARES Act Economic Impact Checks
Last month, Americans began receiving economic impact payments to address the economic crisis caused by the coronavirus pandemic. But the ...
Tag: Stimulus Check
Explore the latest news and insights on stimulus checks in payments and banking, focusing on their economic impact, distribution methods, and the role of financial institutions in processing payments.
Millions of Americans Won’t See COVID-19 Stimulus Checks for Months—Digital Payments Could Change That.
Everyone’s saying it, but it continues to ring true: we are living in unprecedented times. At the time of writing ...
Trans@ct By 7-Eleven® Prepaid Mastercard® Can Help Unbanked Receive Stimulus Payments Sooner¹ Than a Paper Check With Direct Deposit
This week, the U.S. Treasury Department began sending out economic impact – or stimulus – payments, in response to the ...
Wait a Minute: Might Some Stimulus Dollars Go on Prepaid Cards?
Stimulus dollars will be very important to consumers’ ability to make ends meet in the coming weeks. While many are ...
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 ...
Rethinking Government Disbursements
Much, MUCH attention has been given to how benefits from the federal government’s CARES Act will be distributed. Since many individuals ...
Trying to Make Sense of the Government Stimulus Payments Process
Like many in the payments industry, I have been trying to understand the enormous undertaking of getting the trillions of ...
Tax Return Fraud Is Old News. Now We Have COVID-19 Stimulus Fraud
Criminals show how quickly they can ramp up a new fraud scheme. They have already developed several schemes that appear ...
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