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Market Watchers Say US Recession Is Coming

PYMNTS

Credit spreads are the other element that’s a pretty big tell,” said Gene Tannuzzo, senior portfolio manager at Columbia Threadneedle Investments in Minneapolis. If you have a weird recovery, you might have a weird recession,” said Jim Paulsen, chief investment strategist at the Leuthold Group in Minneapolis.

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Uber Facilitated More Than $600M In Tips For Drivers

PYMNTS

Lyft found that the most generous tippers were located in New York City, Atlanta, Detroit, Dallas, San Jose, Minneapolis, and Westchester County, NY. The lawsuit alleged a breach of contract for adding sales tax and a fee to the total fare amount, which then boosted the number of service fees owed to the company.

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Fintech Fundings: 26 Companies Raised $530 Million Third Week of July

Fintech Labs Insights

HQ: Minneapolis, Minnesota. Tax filing portal. Tags: Consumer, tax prep, payments. Total raised: $26.6 Source: Crunchbase. NiYO Solutions. Payroll platform. Latest round: $1 million Seed. Total raised: $1 million. HQ: Bangalore, India. Source: Crunchbase. Latest round: $1 million Seed. Latest round: $1 million Seed.

Fintech 12
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2021 GonzoBanker Awards

Gonzobanker

Lots of tech and operations to clean up, it appears, but no solid bank is better qualified than the team from Minneapolis. Union has been a stalwart of the California marketplace since the ’50s, and this gives Andy Cecere and team a great expansion into the Golden State and also some nice wholesale banking business. Acronym of the Year.

Fintech 147
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Fintech Fundings: 36 Companies Raise $480 Million Week Ending March 18

Fintech Labs Insights

HQ: Minneapolis, Minnesota. Tax preparation technology. Tags: Consumers, tax prep, personal financial management. Source: Crunchbase. Cachet Financial Solutions. Remote deposit platform. Latest round: $500,000. Total raised: $24.3 Source: Crunchbase. Mobile payments platform for telecom companies. Source: FT Partners.

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The US Government’s eInvoice Mandate: Better Late Than Never

PYMNTS

Adoption of Electronic Invoicing: Challenges and Opportunities report released by the Federal Reserve Bank of Minneapolis in 2016, government officials noted the role eInvoicing plays in the broader effort to improve the U.S. In its U.S. payments system as outlined in its Strategies for Improving the U.S.

US 106
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FinDEVr Silicon Valley: Looking Back, Moving Forward

Fintech Labs Insights

Named 2015 CFO of the Year (Kurt Ishaug) by Minneapolis-St. Teamed up with WooCommerce to help online merchants manage sales taxes. Announced sales-tax accuracy guarantee. Launched new Common Reporting Standard solution for tax residency identification and due diligence. Unveiled new tax utility service.