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Wild Cards? Gambling, Payroll, Other Models Provide Fresh Fuel For Prepaid

PYMNTS

To get a sense of how the world of payments and cards has changed, Cregan told Webster a story about a conference he attended in Las Vegas in 2009. You have enormous brands and massive amounts of consumers involved. However, with so much potential tax revenue on the line, Cregan said, there are heavy incentives that favor mobile. “As

Cards 158
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The Apple iPhone Sales Rope-A-Dope

PYMNTS

That means Apple won’t tell the world how many — or how few — iPhones were sold over the all-important holiday season, and in the all-important months following the release of three brand-new iPhone models. It did so because apps like Netflix were avoiding signing up subscribers through the App Store to evade the Apple tax.

Apple 174
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What Overcoming Inertia Tells Us About The Future of Physical Retail

PYMNTS

That month, the Commerce Department reported that January sales at clothing stores had declined the most since 2009. Mall operators have tried new tactics to reverse the tide, some even turning malls into experience centers — a mix of stores, restaurants and other attractions. Horses didn’t come with those built-in dependencies.

Retail 291
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Credit Karma Launches Free Tax Filing Service

Fintech Labs Insights

The San Francisco-based company launched a new (and free) tax return preparation offering this week to complement its flagship, free credit score monitoring, as well as its loan and credit card comparison technology. New and existing users will have access to free tax filing in January 2017, just in time for tax season.

Taxes 12
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Under Armour Wants To ‘Reinvent’ Baltimore, But Not Everyone’s Feeling It

PYMNTS

What I really want to do is build the biggest brand on the planet,” Plank recently told Bloomberg. “I The investment is funded by selling municipal bonds to private investors, and is then repaid by property taxes generated by the new development. And that’s what many will fear will happen with the Port Covington development.

Baltimore 103
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11 Lessons From Startup Chapter 11s

CB Insights

Notably, Solyndra’s rise coincided with the passing of 2009’s American Reinvestment and Recovery Act, which contained various subsidies and promises of investment for sustainable US energy initiatives. In March 2009, the US government announced it planned to award Solyndra a guaranteed loan of $535M as part of that initiative.

Apple 78
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Fools Rush In: 37 Of The Worst Corporate M&A Flops

CB Insights

For Google’s part, it kept releasing its own branded phones under the Nexus brand, partnering with Samsung, Asus, and LG to manufacture these devices, and further eroding the value of the Motorola acquisition. Date: May 21, 2009. When you’re a powerhouse brand, it can be hard to see that the times are changing.

Google 76