article thumbnail

Tax Season Helps Green Dot to Beat Q1 Revenue Estimates

PYMNTS

Direct deposits, new products and tax refunds helped Green Dot beat revenue expectations for the first quarter of 2018. Green Dot on Wednesday (May 9) reported that total operating revenue increased 25 percent year over year in the first quarter, to $315 million. Green Dot’s tax refund business also showed gains.

Taxes 100
article thumbnail

Colorado’s Marijuana Industry Tops $6B

PYMNTS

In addition, taxes generated by the industry grew by nearly 8 percent last year. And the state’s marijuana taxes, including licenses and fees from dispensaries, were more than $266.5 And the state’s marijuana taxes, including licenses and fees from dispensaries, were more than $266.5 billion the previous year.

Industry 155
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Assessing Global Cash Flow Post Pandemic

Abrigo

Not only has the pandemic impacted businesses by shortening operating hours or closing businesses altogether, but it has introduced stimulus money that those same businesses have come to rely on as part of their cash flow, creating new challenges to testing the creditworthiness of prospective borrowers. 20/30/50 split over three years).

Analysis 195
article thumbnail

Lift Off to the Oracle SCM Cloud! – Why Move to Cloud for SCM Enablement?

Perficient

Both operations and IT leadership should incorporate all of these dimensions into their cloud migration evaluation efforts.

Exercises 322
article thumbnail

Making the Instant Payment Decision

South State Correspondent

Maybe the payer needs a breakout of taxes, or perhaps the payee was only able to ship a partial order. Doesn’t every business want to reduce the operating cost of reconciling their AP and AR positions? Being able to build operating balances is the main driver for most banks. and $2.50, with most banks around $1.00

Payments 221
article thumbnail

Helping Nonprofits Embrace Cash Management

PYMNTS

million tax-exempt groups active in the U.S., These organizations need to demonstrate to donors and community members that donations were spent appropriately to retain tax-exempt statuses and encourage future donations. . average is 66 percent, by comparison. There are approximately 1.56 trillion in revenues and $2.4

article thumbnail

How Diversified Revenue Streams Impact Ag Borrowers

Abrigo

“It’s important to know the long-term pros and cons, and the unintended consequences so that everyone walks away educated not only on what these opportunities bring, but also on what the impacts could be on the operation and long-term land values,” he says. Market comparisons will need to be made for term fees and rent.

Lending 195