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Foreign Travel Gets Dearer: TCS on Credit Card Transactions Explained

BankBazaar

Don’t leave without knowing the new TCS rule applicable on Credit Cards, forex cards, debit card transactions, and currency purchases. There is some unfortunate news for travellers who use international Credit Cards while abroad. The only exception was Credit Cards. attracted a TCS.

Cards 78
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A Decline in Personal Savings

TrustBank

The BEA calculates the personal saving rate by subtracting taxes from personal income to arrive at “disposable personal income” and then subtracts personal outlays. From 1990-2004, US home ownership rose 7.45% to 69.2% Revolving Credit (Credit Cards & Personal Lines of Credit): While home ownership grew, revolving credit exploded.

US 52
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Guest Post: Financial Markets and Economic Update - First Quarter 2024

Jeff For Banks

Trillions of dollars of subsidies on “green” BS projects, electric vehicles no one wants, tax credits, debt forgiveness, and free money all fuel demand and contribute to inflation. Credit card and auto delinquencies have risen above pre-pandemic levels. Dorothy recently retired from Penn Community Bank where she worked since 2004.

Marketing 146
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Avalara Raises $96 Million in New Funding

Fintech Labs Insights

Avalara , an innovator in automated tax management for small businesses, raised $96 million in new funding from a group of investors including Warburg Pincus, Sageview Capital, and Technology Crossover Ventures this week. Last month, Avalara added a number of new enhancements to its compliance document management solution, CertCapture.

Taxes 12
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Guest Post: 2013 Economic Year in Review and Outlook by Banker Dorothy Jaworski

Jeff For Banks

Many businesses remain uncertain due to the increased regulatory burden, the drama in the insurance markets due to Obamacare, income tax changes, and a still high unemployment rate at 7%, which serves to keep personal incomes in check and consumer spending under wraps. Dorothy has been with First Federal of Bucks County since November, 2004.

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From Investing To Budgeting, How Millennials Are Disrupting Personal Finance

CB Insights

Download the free report to find out how fintech is shaping the future of wealth management and investing. As millennials head deeper into adulthood and make more money, the personal finance space is adapting to their unique money management attitudes in a few key ways: From in-person to online. It acquired 1.5M

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The Fintech Unicorns of the 21st Century (Dec 2021)

Fintech Labs Insights

Ant Technology. 2018 round. Mar ’21 round. Aug ’21 round. FTX Exchange. Oct ’21 round. South Korea. Jan ’22 round. Jan ’22 round. Dec ’21 round. Sep ’21 round. June ’21 round. Netherlands. Nov ’21 round. Estimate based on ’21 IPO value. Circle Internet Financial. July ’21 SPAC (proposed). Nov ’21 round. Q2 Holdings. Chainalysis. June ’21 round.

Fintech 15