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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’s tax refund business also showed gains. million tax refunds in the first quarter of 2018, a 2 percent increase from the same period — tax season — last year. The company processed 8.75

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Ant Financial Changes Focus To Technology Services

PYMNTS

Instead, it is honing in on technology services, CNBC reported. Yet, technology services is becoming a larger part of Ant Financial’s sales. By comparison, the company’s technology services were approximately 34 percent of revenues in 2017. It generated $2 billion in pre-tax profit last year.

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Bank Of Korea To Begin Testing Distribution Of Digital Currency

PYMNTS

The first phase had a focus on designing and checking the technology and ended in July. According to the report, the third phase will include distributing the currency and overseeing its circulation, with blockchain technology used to monitor how that goes.

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Five Democratic Senators urge CFPB to revise remittance transfer rule

CFPB Monitor

sent a letter to CFPB Director Rohit Chopra to request that the Remittance Rule be modified to require transfer providers to disclose the true cost of remittance payments so consumers can comparison shop. The investment in the technology and resources to determine these third party fees is no small task or expense.

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Modernizing the Health Plan Business Process

Perficient

There are numerous benefits to this cloud-based technology. If possible, work with your SI partner or technology provider to calculate a return-on-investment analysis. Implement self-service quoting and plan comparison tool for small group fully insured employers, with lead capture and quote to cart capabilities. count on us.

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A too-busy-to-change mentality can cost accounting firms new business

Abrigo

How many times have you had to refer a client out to another financial services firm because your firm is too busy putting out fires with tax and audit work to provide business analytics or other advisory services ? Leveraging technology is also important for your firm’s reputation.

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Boost client financial literacy, loyalty to your accounting firm

Abrigo

With so many accounting firms wrapping up tax season and looking to other engagements in the year, it’s the ideal time to redouble efforts to be the trusted advisor your business clients want. Using technology in your accounting practice can help you to more easily provide this advice. in the Washington, D.C., in the Washington, D.C.,

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