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A too-busy-to-change mentality can cost accounting firms new business

Abrigo

How many times have you had to refer a client out to another financial services firm because your firm is too busy putting out fires with tax and audit work to provide business analytics or other advisory services ? In other words, if your firm doesn’t offer help before it’s requested, you could be losing clients.

Taxes 192
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Profits in a time of inflation: some insights from recent and past energy shocks in the UK

BankUnderground

Profits versus excess profits: measurement and trends Measuring profits is a challenging task : national accounts data are affected by the ‘mixed income’ of self-employed, taxes and subsidies, and conflate two different dynamics: those of the market and non-market (real estate and public) sectors.

Capital 57
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Saving Main Street: Advocacy Groups Propose New Government Relief Programs

PYMNTS

Kennedy Smith, a senior researcher for the Institute for Local Self-Reliance (ILSR) says Main Street is facing an existential crisis without more impactful and accessible government relief programs described the current situation as “an existential crisis” for Main Streets, as reported in Route Fifty.

Maine 142
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How Diversified Revenue Streams Impact Ag Borrowers

Abrigo

We always advise landowners to undergo an assessment to protect these funds from taxes and help them to create entity strategies or fund new equipment for the greatest value. Market comparisons will need to be made for term fees and rent. Stay up-to-date on the latest on ag lending trends. keep me informed. Watch Webinar.

Lending 195
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Banks Need to Close the Personalization Gap

Gonzobanker

According to Jim Marous, CEO of The Digital Banking Report : “Consumers expect financial institutions to understand their needs and deliver personalized solutions similar to what they receive from fintech and Big Tech firms. Qwil , for example, provides working capital for freelancers who often have trouble getting paid on time.

Fintech 145
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Can APIs Fast-Track B2B X-Border Payments?

PYMNTS

The cross-border B2B payments market, on the other hand, is fraught with friction, despite being much larger in size — accounting for nearly 80 percent of global cross-border payment revenue, according to a 2016 report by McKinsey & Company. In comparison to P2P transfers, B2B payments logistically involve more heavy lifting, Laven said.

Payments 109
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Should Obama ‘Heed The Call’ On Bitcoin?

PYMNTS

Stop ISIS, bring peace to the Middle East, clean up the economy, create more jobs, fix the education system, lower taxes, etc., His comparison? Officials reported the test is being conducted to determine if bitcoin could be an actual payment option to streamline the payments process. Promoting bitcoin. Fair point. Oh, please.

Bitcoin 100