Remove 2012 Remove Marketing Remove Payments Remove Taxes
article thumbnail

WeChat, Alipay Partner QFPay Notches $20M For Payment Innovation

PYMNTS

Digital payments startup QFPay , the largest global partner of WeChat Pay and Alipay, raised $20 million in new funding led by returning investors Sequoia Capital China and Matrix Partners, TechCrunch reported on Tuesday (Aug. QFPay was founded in China in 2012 and is known for its QR code-based technology.

article thumbnail

Indictment Names Major Banks In Cum-Ex Case

PYMNTS

A German investigation of Cum-Ex tax deals involves as much as 447.5 Cum-Ex deals, which are no longer allowed, involved taking advantage of a German practice on tax refunds for dividends. When they were in use, an entity paying dividends withheld the tax automatically, but the payment was certified by the shareholder’s bank.

Taxes 108
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

It’s Not Easy Being Green: Cannabis Payments

PYMNTS

Most transactions occurred on street corners or back alleys, and payment was in cash. And then, in 2012, the situation got even more complicated. What has not changed is how payments for marijuana transpire. Payments are a problem across the board at dispensaries — not just in front end transactions.

Payments 123
article thumbnail

Buying into AML risks in real estate

Abrigo

Key Takeaways Real estate markets are vulnerable to money laundering and fraud because of their transaction size and appreciation over time. The real estate market is enticing to more than just new homeowners or investors. Real estate market AML risks Real estate is a proven, traditional, and well-established marketplace.

El Paso 195
article thumbnail

Brandless Turns To Subscriptions To Make Service Stickier

PYMNTS

With simple packaging that is nondescript by design and an ethos that values simplicity and quality above all, Brandless has made quite a name for itself in the short time it has been on the market since it was founded in 2012. By the numbers , Brandless doesn’t have a notable market share in any of its product categories.

Branding 152
article thumbnail

Guest Post: Financial Markets & Economics Update by banker Dorothy Jaworski

Jeff For Banks

The markets are taking it all in stride, rallying strongly for most of this week and they seem more grateful for the prospect of a divided Congress, i.e, The markets believe the chance of tax hikes, repeals of tax cuts, and gigantic initiatives are greatly diminished. The housing market is robust across the nation.

article thumbnail

Banks Keep SMB Lending Gains Rolling

PYMNTS

When you combine a strong economy, healthy retail demand and the willingness of small business owners to reinvest their savings from tax cuts, it creates a positive atmosphere for small business lending ,” said Rohit Arora, Biz2Credit CEO, in a statement. alternative small business finance market in an effort to explore borrower protections.

Lending 102