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SMBs Struggle Amid MyPayrollHR Fraud Inquiry

PYMNTS

Now, small business owners are struggling to make up thousands of dollars in tax payments that vanished or are in limbo , Chicago’s Daily Herald reported Tuesday (Oct. Client letters seen by the Daily Herald showed that taxes for employee paychecks dated between Aug. 20, Mann began borrowing “large sums of money” starting around 2010.

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EU Eyes Single European Data Market

PYMNTS

Margrethe Vestager, Europe’s digital and antitrust commissioner, has said she is considering launching an inquiry into industries using new technologies. In terms of individual company news, and in the United States, Facebook new is being sued by the Internal Revenue Service (IRS), for alleged tax evasion — to the tune of $9 billion.

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Equifax Names Ex-Mastercard CEO To Its Board

PYMNTS

According to Equifax , Selander served as president and CEO of Mastercard from 1997 until 2010. Citing comments the company made on a recent conference call, Reuters reported the $275 million is in addition to the $164 million in pre-tax costs it reported for the last six months of 2017.

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AltFin Shines As Investor Interest In B2B FinTech Continues

PYMNTS

Total venture capital across the global FinTech market between 2010 and 2017 hit a combined $97.7 Reports in The Australian Financial Review this week said the company uses blockchain to facilitate supply chain finance to the agriculture business, offering supply chain management features also powered by distributed ledger technology.

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Yahoo! Is! For! Sale!: Why Banks Should Care

Celent Banking

The announcement in December came on the heels of a nearly 12-month project aimed at spinning its 15% interest (worth $30 billion) in Alibaba, the Chinese e-commerce company, to its shareholders, a transaction that has been abandoned over tax concerns. After a dalliance with Microsoft’s Bing in 2010, Yahoo!

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Copenhagen Banks On Livability For Tech Success

PYMNTS

With an unfavorable tax system and a perceived lack of entrepreneurial culture, Denmark may not be top of mind when it comes to flourishing tech hubs. Denmark has traditionally had a high level of innovation and tech readiness within the financial services sector with close links to the established suppliers of IT and technology.

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Bitcoin’s Resplendent Week

PYMNTS

But Takach is confident that the law will catch up with technological innovation. Takach’s point is that different states and countries will have a different reaction to disruptive technologies, and a rushed and ill-thought-out policy could be counterproductive. versus Canada, according to NewsBTC.

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