article thumbnail

Payhawk Raises $3.35M For Virtual Corporate Cards

PYMNTS

Payhawk , which makes next-generation paperless company cards, closed a 3-million-euro ($3.35 The system has machinations for putting funds into employee credit cards, dealing with invoice payment or collection, and working out transactions via the company software and generating the corresponding reports.

Cards 167
article thumbnail

Union Budget 2021: Highlights

BankBazaar

Metro services announced in 27 cities, plus additional allocations for Kochi Metro, Chennai Metro Phase 2, Bengaluru Metro Phase 2A and B, Nashik and Nagpur Metros. However, in case of serious tax-evasion cases (Rs. Affordable housing projects to get a tax holiday for one year. 5 crore to be eased.

Metro 122
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Managing Spend In A Sector Where Unplanned Expenses Are The Norm Issues

PYMNTS

The latest Workforce Spend Playbook examines how an increasingly younger workforce is changing employees’ and employers’ approaches to payment and expense spending, as well as the ways manual spending tools could hurt both during tax season and in spend reporting. How Business And Their Workers Can Avoid Frustrating Tax Mistakes.

article thumbnail

Mobile Order-Ahead Delivered The Goods In 2019

PYMNTS

As city councils all over the nation get a hankering for MOA tax revenue, the category just keeps growing and evolving. Uber Co-Founder Travis Kalanick has even secured $400 million to develop his new CloudKitchens concept, which rents fully equipped cooking spaces to delivery-only restaurants in major metros. Not ideal, but not theft.

Mobile 131
article thumbnail

Sizzle Of The Week: Zelle’s Accelerating Growth

PYMNTS

Most notable were bank card default rates, which were up 25 basis points to 3.34 Some troubling trends seem afoot – as all loan types, and all major metro areas measured, saw rising defaults. Loan Default Rates : Experian notes they are on the rise , as measured in December.

Course 159
article thumbnail

UK Metro Bank Hit By Messaging Scams

PYMNTS

To that end, Metro Bank said earlier this week that at least some of its customers had been victimized by fraud that focuses on text messages sent across telecom companies’ networks that Reuters reported are used to verify transactions. Metro said that the attacks are leveled at a number of British banks, a roster that includes Metro. “Of

Metro 169
article thumbnail

Consumer Lending: Should Banks Do It?

Jeff For Banks

Which we already do via buying mortgage back securities and using loan brokers in metro areas. It is difficult to change that mindset when doing loans with little to no collateral, such as small ticket consumer or credit cards. pre-tax profit as a percent of the portfolio. Are you ready to be Web Bank , part deux?

Lending 60