PYMNTS
MAY 21, 2018
Credit Card’s Profit Squeeze. Credit card companies, faced with an increase in costs associated with rewards and rising loan losses, have seen their profitability dip of late. The balances on credit cards have grown at a fast pace — up 7 percent year over year in the early part of 2017. Seattle Taxation Change of Heart.
PYMNTS
NOVEMBER 5, 2019
s tax authority has released cryptocurrency tax guidance for businesses, revealing that crypto assets will still be defined as commodities. That means that companies that participate in trading exchange tokens must make tax payments.
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PYMNTS
JANUARY 19, 2017
But once the employer opts into the program through a participating benefit provider, the employee is able to add a commuter benefits debit card to their Uber account. At the end of the past summer, Uber announced the initial program that allowed employees to upload their commuter benefits debit card to pay for uberPOOL rides.
PYMNTS
JULY 8, 2020
Nadji said that in COVID-wracked Seattle and New York City, more than 60 percent of millennials have reached their 30s and are embracing life changes like marriage and having children. However, the CEO said an eventual rebound seems in the cards for central business districts given U.S. There’s also a demographic tailwind at work here.
Fintech Labs Insights
APRIL 13, 2016
FinDEVr alum and long-time Magento partner, Avalara announced that its sales-tax calculation solution, Compliance Cloud, will be a part of Magento 2.0 In addition, customers will get access to Avalara’s tax prep, filing and remittance services. ” Seattle-based Avalara has spent the first quarter of 2016 lining up partners.
Fintech Labs Insights
NOVEMBER 23, 2020
Just out of stealth, Seattle-based fintech startup Secure Save is on the winning side of all these trends. Like a retirement plan or HSA, employees agree to have a small percentage of their pay withheld ( though a key difference is the savings account if funded after-tax ). HQ: Seattle, WA. Remote services? Business model: SaaS.
CB Insights
FEBRUARY 13, 2020
As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Virtual card issuance. Business lending and corporate cards. Fraud prevention tools. Supporting merchant partner growth. Growing the internet economy.
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