Business
Han Park is the founder and CEO of Payment Labs, a fintech company helping organizations across sports, esports, and the creator economy manage revenue collection, payee onboarding, compliance, and global payments across more than 180 countries. Before founding Payment Labs, Han spent more than two decades helping build ESL Gaming’
Taxes
Learn to manage Forms 1099 and 1042-S across domestic and international payouts, from tax form collection and payment classification to withholding, filing deadlines, common errors, and IRS penalty risk.
Payments
SEPA standardizes how euro payments move across participating jurisdictions. This guide explains the main SEPA payment schemes, clearing and settlement, access models, indirect participation, and the operational limits businesses need to know.
Payments
Small gaps in onboarding, documentation, screening, or provider setup quickly turn into frozen accounts, delayed payouts, and audits. This guide covers key regulations, AML/KYC requirements, compliance workflows, frozen-account risks, and provider features to review before moving money at scale.
Compliance & Security
Prize-based campaigns and games can fall under different legal and operational categories, including promotional campaigns and regulated gambling or lottery operations. Generally, a promotion is considered a lottery when it includes prizes, chance, and consideration (payment or another thing of value required for entry). Sweepstakes avoid lottery classification by offering
Payments
Your dashboard shows strong sales, ticketing reports are up, sponsorship invoices are in, and payouts are scheduled. Then you open your bank accounts. Some payments haven’t landed yet. Others are affected by exchange rate fluctuations. A few don’t match anything in your system at all. Now you’re
Global Payments
Content creators, streamers, affiliates, and other digital earners are increasingly global. The self-employed creator market is projected to reach $500 billion by 2030. More than 200 million people worldwide identify as creators and for around 50 million, it’s a serious source of income. Paying them means moving money across
NIL
The right of publicity is the umbrella term that covers one’s legal right to control the commercial use of their name, image, and likeness. The term NIL (Name, Image & Likeness), however, gained mainstream momentum in 2021 when the NCAA (the National Collegiate Athletic Association) reversed a longstanding policy
Payments
Fedwire and CHIPS (Clearing House Interbank Payments System) are both cornerstone parts of the local payment rail system of the USA.
You send a wire transfer to a supplier. Your bank charges you a fee and estimates it will take three business days. The payment arrives late, and your supplier says they received less than you sent. This is a common experience with international transfers. But it’s not all up
Global Payments
Receiving international payments is straightforward when both the sender’s and your bank are connected to the SWIFT network, a global messaging system used by over 11,000 banks. However, many smaller banks, fintechs, and regional institutions operate outside this network, which can complicate cross-border transfers. If your bank isn’
Handling prize payments involves more than just calculating who won and how much. Organizers must distribute funds to multiple recipients across different jurisdictions, split prize money between team members, manage currency conversion rates, and comply with tax and regulatory obligations. They also have to meet participants’ expectations for accurate and