Tax Refunds news and trends

Today In Payments: US SPAC Tailwind Hunting For European Unicorns; Zoom Expects Post-Pandemic Business To...
News // March 02, 2021

In today’s top news, SPAC Tailwind is hunting for a European tech unicorn to take public, and Zoom expects remote business demand to continue post-pandemic. Plus, Square is now a licensed bank out of Utah. US SPAC Tailwind Hunting For European Unicorns To Take Public...

It’s Tax Day, But Paper Filers Might Not See Their Refunds Until 2021
Taxes // July 15, 2020

Today (July 15) is Tax Day, and despite it coming three months later than normal due to COVID-19, several million Americans will be scrambling to get their returns (or at least their applications for extensions) out the door by midnight. But as it turns out, taxpayers...

Figure’s Mike Cagney: Stimulus Snafus Show It’s Time For Digital Dollars – And Blockchain
Blockchain // April 27, 2020

Nothing brings money to top of mind like tax season — and tax refunds and stimulus payments, doled out in the wake of a pandemic known as the coronavirus. The trillions of dollars in stimulus funding and tax refunds being extended to families, individuals and...

IRS Puts Tax Refunds In Storage As It Works On Stimulus Checks
Taxes // April 21, 2020

Tax refund season has turned into a nightmare for the Internal Revenue Service (IRS), which now has whole storage units full of unopened refund requests as the pandemic drags on. The IRS still uses a lot of antiquated equipment, including much work done on paper,...

Interviews & Exclusives
Figure’s Mike Cagney: Stimulus Snafus Show It’s Time For Digital Dollars – And Blockchain

April 27, 2020
Nothing brings money to top of mind like tax season — and tax refunds and stimulus payments, doled out in the wake of a pandemic known as the coronavirus. The trillions of dollars in stimulus funding and tax refunds being extended to families, individuals and businesses is coming — but slowly. Very slowly. The first […]

Trōv: Why Insurers Still Cling To The Paper Check

April 09, 2020
The global spread of the new coronavirus has had a wide and varied impact on the way that both consumers and businesses think about transacting with each other as well...

It’s Tax Season — And Fraudsters Are Feasting

March 11, 2019
One of the positive (or at least most promising) projects in the push toward more digital forms of payment and commerce concerns taxes — specifically, bringing more efficiency to a process...

Quick Reads
Fifth Third Bank Speeds Tax Refunds With Early Pay Service

January 09, 2023
Fifth Third Bank will provide customers with their federal tax refund up to five days earlier. The bank said in a Monday (Jan. 9) press release that while the Internal Revenue Service (IRS) reports that 90% of consumers who file electronically and choose to receive their refund via direct deposit get their refund in less […]

IRS Puts Tax Refunds In Storage As It Works On Stimulus Checks

April 21, 2020
Tax refund season has turned into a nightmare for the Internal Revenue Service (IRS), which now has whole storage units full of unopened refund requests as the pandemic drags on....

Despite Gov’t Shutdown, Tax Refunds Will Be Paid

January 08, 2019
While the U.S. government shutdown continues, a Trump official has promised that tax refunds will go out on schedule. “Tax refunds will go out,” the acting director of the White...

Tax Season Helps Green Dot to Beat Q1 Revenue Estimates

May 09, 2018
Direct deposits, new products and tax refunds helped Green Dot beat revenue expectations for the first quarter of 2018. Green Dot on Wednesday (May 9) reported that total operating revenue...