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The Dawn Of A Cashless Global Economy?

PYMNTS

There are issues of transaction security, criminal elements, tax evasion, free flow of capital, access to goods and services and the ability to fully participate in the global economy. adults still prefer to use cash for purchases under $5, while 22 percent use debit cards and 11 percent use credit cards.

Taxes 100
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Credit Union Helps US Marijuana Businesses Put Down Roots

PYMNTS

Massachusetts joins a handful of states, including Colorado, Washington and Maine, that have taken steps to legalize recreational marijuana. GFA, however, will offer basic financial tools to these businesses, including access to online banking, checking accounts, debit cards, cash management and payroll services.

Colorado 126
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Data Dive: The Yes, No, Gotcha! Edition

PYMNTS

Credit Karma said yes to early tax refunds for consumers – for free. Good Tax Lending Karma. Good news for consumers avidly awaiting their tax refund for 2018: Credit Karma Tax is rolling out a new product call Earlybird Advance, an online refund advance service. And that was just Tuesday.

Taxes 105
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Who Should Lead The Digital ID Push?

PYMNTS

The app stores digital versions of documents like drivers’ licenses, health cards and other forms of identity. Use cases for the digital ID wallet could include accessing age-restricted places like bars, signing into services like online tax filing or verifying identities at polling stations.

Wyoming 136
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Fizzle Of The Week: The NYC Amazon HQ That Will Never Be

PYMNTS

Card-present fraud slides, again: Continued traction is evident in the fight against fraud at the register. Visa reports that merchants have seen an 80 percent drop in card-present fraud – as measured from September 2015 to September of 2018 – due to the increased adoption of Europay, Mastercard and Visa (EMV) chip cards.

New York 115
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Fizzle Of The Week: The Cannabis Payments Conundrum

PYMNTS

states (and the District of Columbia) where marijuana has been legalized for sale in some capacity, it has thrown off a fairly large chunk of tax revenue in the last year. billion in taxes from legal cannabis companies last year, an amount of money that is undoubtedly a sizzle for the federal coffers.

Taxes 177
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Fintech Fundings: 36 Companies Raise $480 Million Week Ending March 18

Fintech Labs Insights

HQ: Denver, Colorado. HQ: Aurora, Colorado. HQ: Denver, Colorado. Tax preparation technology. Tags: Consumers, tax prep, personal financial management. Source: Crunchbase , WSJ. P2Binvestor. Crowdfunded credit lines for small businesses. Latest round: $5 million Debt. Total raised: $6.4 Source: Crunchbase.

Company 12