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JPMorgan Chase To Buy Boston FinTech 55ip

PYMNTS

Morgan Asset Management has announced that it has agreed to acquire FinTech 55ip , which works to help financial advisors deliver tax-smart investment strategies, according to a press release. Tax-related savings are first order, especially in a world with lower rates, lower returns and higher taxes," he said, according to the release.

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Pilot Raises $60 Million To Help SMBs Modernize Finances

PYMNTS

And, Pilot helps SMBs get tax credits they might have missed out on, according to the release, including a research and development payroll credit that can go up to $250,000. Our first job out of college was owning a business in Boston,” Pilot Co-Founder and CEO Waseem Daher said in the release.

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Today In Payments: $50B In Crypto Moved Out Of China; Uber Health To Deliver Meds

PYMNTS

Publishers’ Letter Spotlights ‘Apple Tax’ – and Digital News Delivery. Jim Cunha, senior vice president of secure payments and FinTech at the Federal Reserve Bank of Boston, tells Karen Webster why the Fed is working with MIT to explore digital dollars. Federal Reserve’s Cunha on the State (and Timeframe) of Digital Dollars.

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Uber Adds Pre-Tax Commuter Benefits Option

PYMNTS

This week’s announcement is an expansion of the program, which is now available in New York City, Boston, Chicago, Washington, D.C., Riders need to first decide how much pre-tax income they’d like to contribute to the account, with the maximum being $255 for the 2017 year.

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Many Unemployed Still Waiting For Their First Check

PYMNTS

While many states where workers who receive a 1099 tax form instead or a W-2 and don’t qualify for benefits, the legislation provides cash for those independent contractors. Charlie Baker said the payment system is completely online, and its success stems from the fact that the unemployment service was moved to a cloud-based system years ago.

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Winning The ‘Game Of Keystrokes’ With Spend Tools

PYMNTS

The Greater Boston Food Bank (GBFB) is one such organization fighting community hunger. Headquartered in Boston, the group serves over 500 pantries and programs in 190 cities and towns across eastern Massachusetts and distributes nearly 57 million meals annually. . Millions of U.S. We are very much an open book,” Noymer said.

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Buying into AML risks in real estate

Abrigo

In 2016 when the Panama Papers exposed an international network of offshore entities involved in tax evasion, fraud, and sanction evasion, some of which included real estate holdings, regulations began to change. Abrigo can help institutions of all shapes and sizes to monitor, track, and report suspicious real estate-related activity.

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