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Wild Cards? Gambling, Payroll, Other Models Provide Fresh Fuel For Prepaid

PYMNTS

Cards (as in prepaid, stored-value cards that consumers can use for gambling, payroll and a variety of other uses, many of them novel) are only half the battle. To get a sense of how the world of payments and cards has changed, Cregan told Webster a story about a conference he attended in Las Vegas in 2009.

Cards 158
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Personal Capital Review: Free Tools and Paid Wealth Management

MyBankTracker

Personal Capital is an online wealth management concept that started in 2009. Today, Personal Capital offers two sets of tools depending on whether you pay for their services or not. Personal Capital provides a paid wealth management service for those with $100,000 or more in investable assets. This is done securely.

Tools 52
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Retail Sales Shot Up In May

PYMNTS

Encouraging Americans’ enthusiasm to spend, according to the new report, is low unemployment, rising wages and additional liquid capital due to the tax cuts of late 2017. percent in Q1, in line with averages since 2009. The positive cycle is pulling along merchant sales and stronger economic growth. Output was up 2.2

Retail 108
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Let’s take a look at the difference between PPF and NPS

BankBazaar

In 2009, the scheme was made accessible to all individuals of the country. It is a risk-free scheme as the returns on invested sum are completely tax exempted. PPF is an efficient tax-saving investment, offering tax deduction under Section 80C. NPS is a government-sponsored retirement and investment tool.

Taxes 79
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Money Management During The Coronavirus Crisis

BankBazaar

It is way worse than the global financial crisis of 2008-2009.”. Also know the tax implications of the liquidation as well as the costs of liquidation such as penalties or exit loads. Investments are also done for tax-saving under Section 80; however, this objective needs to be secondary. CAREFUL WITH CREDIT CARD DUES.

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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. Revolving Credit (Credit Cards & Personal Lines of Credit): While home ownership grew, revolving credit exploded. What’s left is an estimate of personal savings.

US 52
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Stripe Teardown: How The $35B Payments Company Plans To Supercharge Online Retail

CB Insights

As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Virtual card issuance. Business lending and corporate cards. Fraud prevention tools. Supporting merchant partner growth. Growing the internet economy.

Online 98