January, 2018

Remove taxes-fintech
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01.04.18 Your morning briefing

Payments Source

Today: New Year's e-commerce spikes; European official calls for bitcoin tax; India company sets up fintech test; A new Bitcoin Bowl. The information you need to start your day, from PaymentsSource and around the Web.

Bitcoin 64
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Another SMB Challenger Bank Hits The UK Market

PYMNTS

s financial services market is expanding, with FinTechs — dubbed challenger banks — rivaling traditional financial institutions (FIs). The solution provides automated accounting and tax management for its entrepreneur clients. This creates a huge headache when trying to make sense of your business finances.”.

Marketing 109
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The Middle Market’s Expense Management Conundrum

PYMNTS

” Deleval noted that MobileXpense is working to collaborate with other FinTechs and payments companies, with a focus on capturing payment data from electronic transactions in real time. “We are more than welcoming them.” “As the fax disappeared with email, OCR will soon give room for a fully electronic data exchange.”

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2017 Top Reader Picks

Gonzobanker

With an ever-shrinking number of vendors in the FinTech pool, bankers must hold their providers accountable – even it means leaving them. Heloc Tax Deduction Suspension. The suspension of the HELOC tax deduction could have an adverse impact on FIs. I think we have a pattern here!

Taxes 60
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The Try New Things Edition: Amazon, Bitcoin And Airbnb

PYMNTS

But bitcoin has lots of hackers for fans, according to Lex Sokolin, global director of FinTech strategy at Autonomous Research — and those fans have managed to run off with over $1.2 billion in tax revenue from coin sales, according to Susan Eustis, CEO of WinterGreen Research. billion worth of bitcoin and Ether in the last decade.

Bitcoin 109
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Credit Karma Wants to Be in Top 3 Among Tax Filing Companies

Bank Innovation

EXCLUSIVE – It’s Credit Karma’s second tax season as a tax prep/filing company, and already about 3 million people have started using Credit Karma Tax, according to Jagjit Chawla, general manager of Credit Karma Tax. That number is three times the 1 million filers in the company’s last tax season.

Taxes 218
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RegTech’s Effort To Ease The Cost Of Compliance

PYMNTS

the election of President Trump spurred a refocus on regulation for many of the nation’s small businesses, anticipating changes to tax, health care, wage and other laws. While the FinTech market certainly endures waves of hype (see: bitcoin ), some analysts believe the excitement over RegTech is here to stay. In the U.S.,