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Use Our ERC Assist Program to Raise Deposits

South State Correspondent

This article breaks down how you can use the ERC Assist product to generate deposits in an innovative way. ERC gave eligible businesses a refundable tax credit of up to 50% of $10,000 for qualified wages paid per employee. These professionals have tax knowledge, accounting expertise, and a proven track record. In 2020, the U.S.

Taxes 195
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Fifth Third Gets a Boost from M&A in Both Banks and Fintech

Bank Innovation

Fintech partnerships paid off for Fifth Third Bank this quarter. The sale of five million shares of common stock of Worldpay resulted in a $205 million pre-tax gain. The largest gains came from the bank’s ownership stake in the payment processing company Worldpay, formerly Vantiv. of […].

Fintech 199
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WiseBanyan Is Going Premium

Bank Innovation

The free digital investment advisor, WiseBanyan, is prepping a series of “Premium Packages” for an array of its financial products, Bank Innovation has learned. The first of the packages, Tax Protection, went live today, according to the company’s co-founder Vicki Zhou.

Taxes 207
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Top Banks Keep Ahead Of FinTechs’ Competitive Threat

PYMNTS

The delicate balance between bank-FinTech competition and collaboration continues to teeter in the U.S. In a market without Open Banking regulations, FinTechs continue to enter in to the market, collaborating with bank partners to offer their own financial services — which often compete directly with other financial institutions.

Fintech 144
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Small Biz FinTech Leads Week’s B2B Funding Roundup

PYMNTS

With more than $200 million in venture capital funding landing with B2B FinTechs this week, investors had their eyes set on a variety of pain points in corporate finance. Below, PYMNTS breaks down the latest in B2B FinTech funding. Meanwhile, logistics, data analytics, and business travel technologies also won over investors.

Fintech 179
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GFT Advances in 2022 IDC FinTech Rankings

Bobsguide

The growing need to overhaul these systems is what powered GFT’s leap on the 2022 IDC FinTech Rankings. Continued adoption of GFT’s approach to reimagining banks’ current technology with core digital solutions moved the company up 14 spots this year, ranking #35 and earning recognition as a “Fast Track Fintech.”.

Fintech 68
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What Payroll Innovation Says About Accountants’ Shifting Role

PYMNTS

payroll processing company Payescape , said this area of the back office may have a larger influence on how accountants operate than some may believe. Payroll and tax-related regulations are also a strategic focus for accountants handling payroll for their customers. However, Steven Jones, business development manager of U.K.