The Internal Revenue Service (IRS) has delayed implementing a lower threshold for the 1099-K form. In a Friday (Dec. 23) press release, the agency said that the lower...
By any measure, instant payments and QR codes have been a phenomenal success in Brazil. Patrick Devlin, president of Brazilian FinTech Matera, told PYMNTS’ Karen...
With the new year comes new expectations for FinTech firms. The hype cycle of 2021 has resolved — dissolved might be the better word — in the...
Despite substantial advances in digital solutions, consumers still use cards and automated clearing house (ACH) transfers for nearly all their non-cash payments. These are closed-loop...
Varo will offer the peer-to-peer payment network Zelle as part of its mobile app, the digital bank announced Tuesday (Nov. 15). With this launch, Varo says it has...
Payments processing company Jack Henry is leveraging its recent acquisition of the Payrailz payments platform with the launch of a standalone person-to-person (P2P) payments solution....
The ongoing debate on Capitol Hill over peer-to-peer (P2P) payments regulation came into focus Monday (Oct. 3) after U.S. Sen. Elizabeth Warren, an outspoken critic...
The top brass of the country’s seven biggest financial institutions faced lawmakers in a second meeting on Capitol Hill about accountability, consumer protection, and compliance,...
Real-time payments’ popularity has soared in the United States since the 2017 introduction of The Clearing House’s RTP® network, which offered businesses and consumers an...