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Wells Fargo’s Q2 Disappoints After Scandals

PYMNTS

The current quarter included a 10-cent per share income tax expense. . Wayfair, which impacted how states may collect taxes on sales made by out-of-state sellers. . Wells Fargo also announced plans to sell 52 branches in Indiana, Ohio, Michigan and parts of Wisconsin to Flagstar Bancorp.

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Why The SAFE Banking Act Won’t Solve All Cannabis’ Payment Problems

PYMNTS

The bill was sponsored by Congressmen Ed Perlmutter of Colorado, Denny Heck of Washington, Steve Stivers of Ohio and Warren Davidson of Ohio — all members of the House Committee on Financial Services. After all, those states with legalized marijuana want to collect the tax revenues from cannabis sales. Senate anytime soon.

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Fintech Fundings: 186 Companies Raised $1.6 Billion in June

Fintech Labs Insights

HQ: Cincinnati, Ohio. Credit card with consumer controls. Tags: SMB, entreprise, leasing, accounting, managment, compliance. Total dollars raised YTD is now $17.4 billion, more than double the $8.4 billion more raised during the same period a year ago. ——-. Fintech deals by size from 25 June to 1 July, 2016: Paycor. FundedByMe.

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