Resources

Oftentimes in banking, you will hear the phrase “payment rail." You know you use them to send money in a wide variety of situations, but you might have questions about how exactly these rails work. What is the difference between using Payment Labs versus sending a wire through the bank?

Read the case study on how using the Payment Labs platform, MediaNug can make fast payments with an automated tax compliance process, making it easy to pay creators anywhere in the world.

Learn the fundamental elements that form the foundations of online security in payment data with a guide covering best practices to implement to secure online payment data.

In this comprehensive blog post, we'll delve into what FBO accounts are, how they are relevant to SMBs utilizing fintech platforms for payments, and why payment processors may require you to deposit funds in an FBO account before making payments.

As college athletes start to monetize their name, image, and likeness (NIL) through various endorsements and sponsorship deals, it is important for them to understand the tax implications of these payments.

Fintech company Payment Labs announced that Prize Payments successfully delivered $20M+ in prize money to esports & sports tournament winners.

A minor discrepancy on a tax form or outdated information can jeopardize your ability to process payments with financial partners. That’s one of the reasons we founded Payment Labs – we saw the need for a partner who ensures compliance for its clients every step of the way.

Processing payments for employees and vendors becomes more challenging as businesses grow – often requiring an investment of additional resources to issue payments and ensure tax compliance – locally, nationally, and around the globe.

For decades, amateur athletes’ ability to profit off themselves was strictly prohibited. Maintaining your “amateur” status meant just that – no professionalized compensation whatsoever. In 2021, however, a policy change allowed student-athletes to earn money from their Name, Image, and Likeness.

The economy is volatile. Turnover is high. Inflation remains. How can you, the leader of a small or medium sized businesses, position your company for success when there’s so many unknown’s out there? Heading into the year, here are 4 areas you can control.

Payment Labs’ first product, Prize Payments, announces that they have processed over $5MM in prize money in 38 currencies to one thousand unique winners.