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IRS: 13M EIPs going to temporary tax-prep accounts

IRS: 13M EIPs going to temporary tax-prep accounts The IRS said roughly 13 million second-round Economic Impact Payments went to temporary accounts used by the tax-preparation industry. Those...

Jan 05, 2021
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Article
Payments

Payments continue going digital: BIS

Payments continue going digital: BIS The Bank for International Settlements reported sizable growth in digital payments across many leading economies prior to the coronavirus pandemic. The Bank for...

Nov 05, 2020
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Article
Payments

ICBA urges Congress to join debate over payments charter

ICBA urges Congress to join debate over payments charter ICBA and other groups this week urged Congress to get involved in the OCC's efforts to grant commercial companies like Amazon or Facebook a...

Oct 16, 2020
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Article
Payments

Preserving the Integrity of the Bank Charter: The Community Bank Perspective

Preserving the Integrity of the Bank Charter: The Community Bank Perspective Community banks welcome technological innovation, but we must also recognize that technological change underscores the...

Sep 29, 2020
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Article
Commerce & Banking Payments Fintech Regulation