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CFPB’s 2020: Drawing A Bead On Abusive Practices — And States’ Activities

PYMNTS

It’s noteworthy that the abusiveness standard stretches across 32 cases from 2011 to the end of last year. In the most recent action, the CFPB said that the new definitions will help to better manage “scarce resources.” Digital Taxes, Abroad. An agreement among OECD countries would spur France to end its national digital tax. “We

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Today In Payments: Apple Parts Maker Foxconn Back To Work In China; Two Chinese Nationals Laundered $100M In Crypto

PYMNTS

Some have pointed to a similar attempt by H&R Block, when it tried to purchase another do-it-yourself tax software company in 2011 but was blocked by regulators. Several legal experts have said that TurboTax’s deal to buy personal finance site Credit Karma for $7.1 billion raises serious antitrust concerns.

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How to Save Millions Using Target Stocking Level Algorithms

Perficient

If too many spare parts are held, the prices of financing, insurance, taxes, physical handling, warehousing, etc. This trade-off is illustrated in the following chart: *Carrying cost includes the costs of financing, warehousing, physical handling, taxes, insurance, obsolescence, deterioration, and pilferage. will balloon. Citations. [i]

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The Unlikely Optimism Of The US-China Trade Spat

PYMNTS

China vowed to “fight to the end” to avoid those taxes, according to the South China Morning Post. 3 billion worth of American goods could see higher taxes from China in response to previous tariff hikes from the U.S., tax increases, though reports say China is open to negotiations to find an agreement more favorable for both sides.

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FICO Changes Reporting Data

PYMNTS

Good news is ahead for those suffering from low FICO scores — according to reports this morning, civil judgements and tax liens will by and large be coming off of consumer credit reports. The change will apply to new tax lien and civil judgment data that are added to credit reports as well as existing data on the reports.

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Steal This 5-Step Banking Innovation Playbook from Gentle Monster

South State Correspondent

Gentle Monster Background Founded in 2011 by Kim, Gentle Monster initially struggled to break through against large brands like Luxottica which controls an estimated 30% of the US market, and is behind almost every single designer eyeglass brand you can think of, including Ray-Ban, Oakley, Armani, Ralph Lauren, Chanel, Prada and many more.

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How SMB FinTech Firms Boost Data Sharing Without Open Banking

PYMNTS

Les Whiting, chief financial services officer at small business FinServ firm Wave , explained in a recent interview with PYMNTS that the M&A strategy enables service providers to facilitate the data connectivity that small business owners need to manage finances. “For us it was, do we build this ourselves, or do we acquire?

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