Browsing: Payment

Federal employees who leave federal service before they are eligible to retire can apply for a refund of their CSRS or FERS retirement contributions. This column…

Bess Adler/Bloomberg News A day after The Clearing House raised the transaction size limit on its real-time payments network from $1 million to $10 million, The…

Hispanolistic | E+ | Getty ImagesTax season has kicked off, and the IRS has issued roughly 3.2 million refunds this year as of Jan. 31, the…

Nathan Laine/Photographer: Nathan Laine/Bloom A federal judge on Friday night prevented President Donald Trump’s government cost-cutting unit from accessing Treasury payment systems for at least a…

Stay informed with free updatesThe US Consumer Financial Protection Bureau has sued JPMorgan Chase, Bank of America and Wells Fargo for allegedly failing to protect customers…

Whether you’re looking to fund the minimum down payment or put down more than the traditional 20% when buying a home, saving for a down payment…

Both the Internal Revenue Service (IRS) and the state of California have granted tax relief for recent wildfire victims in southern California. If you were impacted…

The factors impeding the growth of real-time payments include restrictions that shut out certain transactions in businesses such as real estate and shipping. The Clearing House on…

Chris Ratcliffe/Bloomberg In many ways, 2024 is ending with lots of unfinished business for the payments industry, with many issues remaining unresolved.  With several hot-button issues on…

(Kyle Campbell/American Banker) The Clearing House’s real-time payments network and the Federal Reserve’s FedNow have gained hundreds of banks, but overall acceptance of instant settlement is…