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Investing in America: 7 Strategies and 7 Tactics That Can Drive Business

South State Correspondent

These programs aim, in part, to mobilize the private sector by pairing its capital with public investment to stimulate American manufacturing and infrastructure improvement, creating new jobs plus innovating in industries like clean energy and technology. These acts impact more than 55,000 locations throughout the U.S.

America 195
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Why Mexico’s SMBs Need A FinTech Operating System And Not Another Bank

PYMNTS

The world needs a FinTech operating system.”. As a result, he said, in the past no one got debit cards except large businesses — and even as the financial services industry moved to chip and pin, banks never caught up. The world doesn’t need another bank,” Poovala told Webster.

System 258
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Crypto Fails To Impress For Corporate Tax Payments

PYMNTS

to allow businesses to pay their corporate taxes in bitcoin. During the first tax season in which crypto payments were an option for Ohio companies, only two businesses in the state actually used cryptocurrency to do so. Some industry innovators are looking to drive change, however.

Taxes 145
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Tax Reform Shows Early Signs Of SMB Bank Lending Impact

PYMNTS

tax reform led to much chatter and some confusion about exactly how changes would impact the nation’s small businesses (SMBs). Department of Treasury finalized rules that apply to SMBs on qualifying for a 20 percent tax deduction, with the National Federation of Independent Business (NFIB) applauding the initiative. percent rate.

Taxes 122
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What Relationship Pricing Means for Bank Performance

South State Correspondent

The Issue with Relationship Pricing and Profitability The US banking industry has been unable to consistently earn a return on capital equal to its average cost (approximately 11% over the last few decades). The graph below shows the industry ROE and ROA from 1984 to 2021.

Resources 195
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GPS Capital Markets For Sale, Sources Say

PYMNTS

Corporate foreign exchange brokerage GPS Capital Markets is reportedly up for sale, unnamed sources told PE Hub. GPS Capital Markets, founded by Al Manbeian and Ryan Gibbon, posts between $20 million and $30 million earnings before interest, taxes, depreciation and amortization (EBITDA), one source told the publication.

Capital 108
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Putting the “Work” in Working Capital

FirstInternet

And it’s likely that, unless you operate or are involved in the financial functions of a business, the term is something of a mystery. Managing working capital on a day-to-day basis is vital for any business. Utilize excess capital efficiently. Businesses with multiple tax IDs. Operations requiring dedicated oversight.

Capital 79