Remove 2018 Remove Millennials Remove Regulation Remove Taxes
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Disbursements By Voice Are Growing In Popularity – And Other Instant Disbursements Trends

PYMNTS

Consumers and microbusinesses now get an average of two disbursements each year, excluding tax disbursements from local, state and federal governments. 1: Instant disbursements as a percentage of all non-tax disbursements in the U.S. percent as of 2018. Fast Fact No. are growing — but slowly. percent in 2019 and 9.5

Trends 306
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Despite Plenty Of Concerns, SMB Optimism Holds Fast

PYMNTS

Small business owners have a lot on their plates today and, depending on who one asks, top concerns range from taxes to late invoice payments. That doesn’t mean non-millennial entrepreneurs are necessarily struggling, though. Still, less than half said they expect their local economies and the national economy to improve in 2018.

Taxes 105
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Deep Dive: Why State And Local Agencies In The US Still Struggle With Instant Payments

PYMNTS

Government disbursements can range from child support payments and annual tax returns to pension and retirement fund payouts. The IRS has accepted digitally filed tax documents and issued digital refunds for years, and it received approximately 29 million electronic returns via direct deposit between February 2018 and February 2019.

Payments 130
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Wealth Management In The Post-Covid World: Tech Is Reshaping How We Save And Invest Money

CB Insights

These companies differentiate themselves from traditional human advisors with lower fees, 24-hour automated support, portfolio rebalancing, and tax optimization, which can translate to higher returns for investors in the long run. Total wealth management deals were up 31% from 2018, according to PwC. Source: Bloomberg. What’s next?

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What Amazon HQ2, Interchange Fees And Facebook Have In Common

PYMNTS

That’s the only way the business can ultimately continue to create value for its customers, create jobs for people, serve the ecosystem in which it operates and provide tax revenues. own voice-activated speakers, as do more than a third of the 30- to 40-year-old bridge millennials. But wait a second.

Cards 169
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How 60+ Startups Are Disrupting Retail And Commercial Banking Around The World

CB Insights

Startups targeting retail and commercial banking have been emerging globally, spurred by favorable tech regulations, an uptick in mobile adoption, and shifting customer demographics. This includes targeting the underbanked/unbanked, millennials, students, kids, freelancers, and early adopters of blockchain. Underbanked/Unbanked.

Retail 78
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The Week In Payments: China, China, Challenger Banks And Bitcoin

PYMNTS

The rising millennial generation, she noted, will likely decide what the real future of banking is going to look like. That may not sound like a lot, but that is almost double from 2018. Data for ransomware, tax evasion and money laundering, however, is likely underestimated because it is hard to track.

Bitcoin 100