article thumbnail

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.

Boston 228
article thumbnail

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.

Insiders

Sign Up for our Newsletter

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

article thumbnail

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.

Taxes 100
article thumbnail

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. She told the NPR affiliate in Boston that the system routinely freezes, causing applicants to start over.

article thumbnail

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.

Tools 130
article thumbnail

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.

article thumbnail

Staples To Debut New Store Format With Coworking, Podcasting

PYMNTS

The Staples Connect concept, which will be officially introduced in six Boston area stores on Feb. Each Staples Connect store also has printing and marketing services, TSA pre-check enrollment, technology services and professional services including tax, marketing, finance and legal. Mike Motz, CEO of Staples U.S.