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Avalara Unveils eInvoicing Software For Tax Compliance In India

PYMNTS

To assist companies in following Goods and Services Tax (GST) rules in India, Avalara, Inc. The solution comes on top of the technology firm’s array of offerings to bolster the GST compliance experience for companies in the country, according to a Wednesday (Sept. has debuted its Avalara India GST e-Invoicing product. 16) announcement.

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The Financial Technologies SMEs Aren’t Using

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Clearly, there’s still a long way for SMEs to go before they fully embrace FinTech – and the latest research on the topic reinforces the notion that small businesses aren’t using technology the way some may have hoped. 70 percent of SMEs didn’t use tax software in 2016 , found Office Depot in its most recent Small Business Index survey.

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Intuit Reportedly Set To Spend $7B To Buy Credit Karma

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Intuit is known for making online tax filing service TurboTax, which is used by millions of people. Credit Karma offers a number of services including free access to one’s credit score and borrowing history, alerts to potential data breaches, and tax preparation and filing. Intuit is valued at around $77 billion.

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Green Dot Stock Up After Upbeat Earnings Report

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31, 2019, with total operating revenues of $249.3 The company also reported non-GAAP total operating revenues of $238.4 such as non-operating nest income, income tax benefit and expense, and more. Green Dot reported its earnings for its fourth quarter ending Dec. million, showing a slight uptick from $245.1

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UK Financial Watchdog Says Wirecard Cooperative But Assets To Stay Frozen 

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Wirecard said over the weekend it would continue to operate in all but one of its European locations as the court considers the company’s insolvency request. A number of British FinTech firms have suspended services following the FCA’s restrictions on Wirecard, leaving hundreds of thousands of accounts blocked, the news service reported.

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Top News In Payments: House Committee Holds RTP Hearing; DoorDash Reveals May Data Breach

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House Committee on Financial Services Task Force on Financial Technology held a hearing to talk about the FedNow development and its U.S. Uber Turns App Into ‘Everyday Operating System’. What Local Sales Tax Laws Mean for Tobacco eSellers . Today in the payments news roundup, the U.S. Trending: Close But No Cigar?

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Bitcoin Daily: Bitcoin Rises After Recent Crash; IRS Delivers New Rules For Crypto Investors

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As the operator of the Swiss financial market infrastructure, we welcome the initiative of the SNB and the BIS to conduct more research into innovative financial technologies in Switzerland. percent rate. percent rate.

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