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COVID-19 Scams Target The Business Community

PYMNTS

This week's B2B Data Digest takes a look at the numbers behind the latest instances of fraud, including fraudulent invoices, corporate tax scams and more. $19 500,000 or more in fines may be issued to a Massachusetts woman who pleaded guilty to taking part in a BEC scam, according to a press release by the U.S.

Community 219
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Staples To Debut New Store Format With Coworking, Podcasting

PYMNTS

Staples is thinking outside the box with a new store format that highlights podcasting, community events and coworking spaces. The offerings include a 500-square-foot community space where shoppers can join or host events like workshops, speaker sessions and meetings. Mike Motz, CEO of Staples U.S.

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Credit Union Helps US Marijuana Businesses Put Down Roots

PYMNTS

On October 4, the Massachusetts Cannabis Control Commission (CCC) issued its final four recreational marijuana licenses to businesses, meaning legal marijuana will soon be available for purchase. Massachusetts joins a handful of states, including Colorado, Washington and Maine, that have taken steps to legalize recreational marijuana.

Colorado 126
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The Case For Localizing Mom-And-Pop Investment

PYMNTS

.” That lack of awareness can be damaging to the economy: An entrepreneur who fails to obtain a bank loan may give up on the business venture altogether, losing out on an opportunity to generate revenue, create jobs and contribute to the broader economy through tax payments. Localizing Capital.

Capital 145
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The Current Banking Crisis – 10 Not So Apparent Lessons

South State Correspondent

Some form of this ratio will likely be applied to the national and regional banks, which means larger community banks will also be judged by this ratio. Previously, if banks were able to borrow against these securities, it would be at 98% of the market value or less, depending on the investment type.

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Facebook Tracker: East, West And Everything In Between

PYMNTS

Google, for instance, has its Midwest headquarters in the former Fulton Market Cold Storage building. Facebook will receive around $19 million in state tax exemptions through 2035, CNN Tech reported. Cambridge, Massachusetts.

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GonzoBanker Awards 2017

Gonzobanker

Seriously, sit back with a pocket flask of Pappy Van Winkle, smoke a cigar (or your combustible of choice if you live in Colorado, California, Washington, Oregon, Nevada, Main or Massachusetts) and enjoy the 2017 GonzoBanker Awards. It will never regain its IPO value and it trades at one-third the market cap of LendingTree.