Payments
Fedwire and CHIPS – All You Need to Know about Large Transactions in the US
Fedwire and CHIPS (Clearing House Interbank Payments System) are both cornerstone parts of the local payment rail system of the USA.
Payments
Payments
Generic vs specialized payment infrastructure for global and non-standard business models
Payments feel like a solved problem until the needs of a business expose the limits of a payment provider. At that point, they stop being an invisible utility and start becoming an operational obstacle. As volume and complexity increase, teams are forced into manual workarounds, global payments get more expensive,
Payments
How money moves through the U.S. payment rails and how FBO accounts speed transactions up
Sometimes business payments show up in the payee account almost instantly. Other times, it takes both you and the payee days or even weeks of frustrating financial limbo, with no idea where your transaction got stuck. It may feel like a lottery, but it isn’t. How fast a payment
Digital Payments
Choosing a payout platform for domestic and cross-border payments
Every payment your business makes goes through a labyrinth of systems and parties before it reaches the recipient. And after it does, the lifecycle goes on to maintain neat records of every transaction and report them accurately and timely to the tax authorities . Being able to delegate all this work
Global Payments
Everything you need to know to manage payments in motorsports
Every motorsport has a unique set of rules dictating how the prize money is distributed and the payins are collected. The Indy 500 bases payouts on finishing position, bonuses, and special awards, Formula 1 has a points system, and NASCAR has implemented a sophisticated charter system that even includes the
Payments
How to manage entry fees, prize payouts, and other payments for a fishing tournament
Easy payment and prize management for fishing tournaments with Payment Labs’ all-in-one solution.
Payments
The New Era of College Athletics: Student Athletes' Buying Potential
The NCAA revenue sharing & NIL estimates for 2025 are staggering. Think about $1.6 billion suddenly flowing directly to student athletes.
Payments
How to Minimize KYC/KYB and AML Risks for 501(c)(3) and 501(c)(6) Nonprofits
In this article, we’ll focus on AML and KYC risks and advice for 501(c)(3) and 501(c)(6) nonprofits.
Payments
The Solution For NCAA Revenue Share Payments
The Payment Labs platform is made to solve the unique use case of paying student athletes, and is the best solution for NCAA revenue share payments.
Payments
Guide to 1099 Compliance for Work with Athletes, Agencies, and Collectives
Let’s say your organization pays hundreds of esports competition participants and contractors around the globe. This means you must file 1099 forms for all the non-employee people and organizations who get more than $600 in total from you during a year. 1099 noncompliance can cost your business significant penalties
Payments
How to Safely Accept and Make Transactions in the Current Payments Compliance Landscape
Here are the main regulations that govern payments, what they control, and who enforces them.
Payments
How Card Payments Work: Transaction Processing and Costs For Your Business
We review the participants of the card payment process, fees associated with different parts of the process, and what to consider when choosing a payment processing provider.