With the 2018 tax filing season kicking off this week, the IRS today issued a warning about an emergent identity theft tax scam that targets tax preparers’ computers and, in some cases, involves depositing funds in victims’ bank accounts.

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Financial institutions are leveraging technology to make payments faster, easier and safer.

Credit card payments grew significantly in 2016, increasing 10.2 percent to total 37.3 billion, according to new data from the Federal Reserve today.

The Federal Reserve System’s 2018 fee schedules for priced services that go into effect Jan. 1 are expected to be 1.4 percent higher on average than in 2017, and the system projects that it will recover 100 percent of its priced services costs, the Fed said today.

Consumer noncash payments have increased significantly between 2000 and 2015, according to new data from the Federal Reserve today.

Electronic ACH payment transaction volume grew by 5.3 percent in last year, reaching 25.6 billion transactions, according to a report today from NACHA, the electronic payments association.