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Green Dot Blows Past 1Q Earnings Estimates on Prepaid and Tax Businesses

PYMNTS

posted results Tuesday night that blew past Street estimates, boosted by strength in its card and tax refund-focused business lines. Those tax refund recipients in turn were able to get cash advances, said the executive, all evidence of what Green Dot has termed a synergistic approach to its business. Green Dot Corp.

Taxes 100
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Salesforce Launches New Features For Easier Social Commerce, Global Transactions

PYMNTS

Salesforce has announced a broad expansion of its Order Management offerings, including the ability for companies to let online shoppers complete purchases without leaving social media channels. Those include support for multiple languages and currencies and the capacity to calculate and display value-added taxes.

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American Eagle Outfitters Digital Demand Surges 48 Pct

PYMNTS

The firm had “incremental COVID-19 expenses and restructuring charges” of roughly $15 million before tax or 5 cents per share after tax in Q2 2020 compared to “restructuring charges” of $3 million before tax or 1 cent per share after tax in Q2 2019. Management noted at the time that online sales had surged 33 percent.

Taxes 131
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Death, Taxes And Digitizing Insurance Payments 

PYMNTS

If death and taxes are sureties, insurance payments rank up there, as people insure homes and autos and apartments against any number of calamitous scenarios. In an interview with PYMNTS, Colin Zalewski, senior product marketing manager for One, Inc., In one example, One, Inc. Policyholders, he said, have a choice of insurers.

Taxes 101
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Reinventing the client advisor interaction model is the future of wealth management

Insights on Business

As the rise of digitalization continues to transform wealth management, and firms attempt to keep pace, the ways in which financial advisors and clients interact are evolving as well. In the past, clients managed their finances in silos. Tailoring specialized content through the use of analytics and AI.

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Amazon India Gears Up For Festival Season With Furniture

PYMNTS

And beyond popular brands such as UrbanLadder, Sleepwell and Interio, the retailer has included new brands from entrepreneurs such as Sleepycat, Deckup and Wakefit. At the same time, the online marketplace provides a nationwide customer base for small- and medium-sized companies in the artisan hubs of Rajasthan.

Metro 109
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Neon Lands $300M In VC Funding For Brazilian Expansion

PYMNTS

Neon says it plans to use the funds, which will be split into two tranches worth $150 million each, to hire additional staff, expand its user base and bolster the technological capabilities of its online platform, as well to pump more money into product development. The MEI Fácil platform provides tax and payments products.