PYMNTS

JUNE 3, 2020

Papaya Global , which works in global payroll and B2B payments, has a new investor in Group 11 , a U.S. Those that do will have to comply with tax and labor laws. FinTech venture capital firm, according to a press release. Frances will also join the company’s board of directors.

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PYMNTS

MARCH 9, 2020

billion, Tesco has struck a deal to sell its Malaysia and Thailand assets to entities of CP Group. The move will enable the company to focus on producing shareholder returns and cash from its United Kingdom, Central Europe and Ireland markets, The Wall Street Journal reported. billion, prior to taxes and other charges.

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Groups Taxes Resources Operations 130

PYMNTS

OCTOBER 19, 2020

Two government officials from European nations have advocated to have watchdogs engage in preventative measures against Big Tech to reduce their strength and handle on the market, according to reports. It is probable that size and market share will be determining factors in who lands on the “Big Tech hit list.”.

Taxes 143

Taxes Compliance Regulation Google 143

PYMNTS

JUNE 14, 2017

Tax and accounting compliance can be an overwhelmingly monumental task as companies expand their geographic footprint. In a new report by TMF Group, analysts aimed to understand exactly how compliance demands change in various parts of the world. There are also an “extremely high number” of tax rules.

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Compliance Marketing Taxes Groups 146

PYMNTS

DECEMBER 7, 2020

UK Regulations to Create New Digital Markets Unit. antitrust regulators are creating a Digital Markets Unit that will be given the duty to enforce rules applicable to Big Tech firms. That new division will fall under the country’s Competition and Markets Authority (CMA). Apple Faces $12M Fine Over iPhone Marketing.

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Apple Regulation Taxes Marketing 143

PYMNTS

AUGUST 9, 2019

FairFX, a subsidiary of international payments firm Equals Group, has acquired Hermex International Limited (HermexFX) for £2 million ($2.4 million), Equals Group said in a press release on Friday (Aug. This acquisition further demonstrates the ambition of the Group to be a dominant force in the payments market.

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Groups Payments Strategy Taxes 115

PYMNTS

JULY 26, 2018

The American Institute of Certified Public Accountants (AICPA) submitted recommendations to policymakers this week, urging clarity and simplification in how the Tax Cuts and Jobs Act impacts small business (SMBs) accounting rules. The letter outlined eight recommendations for the Tax Cuts and Jobs Act.

Taxes 100

Taxes Capital Compliance Survey 100

TheGuardian

APRIL 24, 2024

Pre-tax profits drop to £1.6bn between January and March, down from £2.3bn last year Lloyds Banking Group has posted a 28% drop in profits for the first three months of the year as intense competition in the mortgage and savings market hit its earnings.

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PYMNTS

FEBRUARY 27, 2018

this year, driven largely by tax reform. The IBBA, along with M&A Source and the Pepperdine Private Capital Markets Project, announced their research on Monday (Feb. Small business owners seeking to sell their business in 2018 have cause to be bullish,” said Warren Burkholder, CBI, president of advisory group NEVRG, Inc.

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Taxes Capital Survey Analysis 109

PYMNTS

SEPTEMBER 3, 2019

Europe’s The Restaurant Group (TRG), which operates over 650 restaurants and pubs across the country, is closing 150 eateries, Financial Times reported on Tuesday (Sept. million pre-tax loss for the first half of this year. Known for owning Frankie & Benny’s and Chiquito, the company is shuttering restaurants following an £87.7

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Groups Taxes Branding Study 109

South State Correspondent

NOVEMBER 29, 2023

One of the lessons that was driven home at the recent American Banker Small Business Banking Conference in Nashville was the difference in marketing between large national banks and community banks, particularly deposit marketing. The data would indicate not marketing to a new customer is a mistake. There is a reason for this.

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Marketing Regional National Nashville 195

South State Correspondent

MARCH 21, 2023

ERC gave eligible businesses a refundable tax credit of up to 50% of $10,000 for qualified wages paid per employee. Community banks can now white label this same product to onboard and process employee retention tax credits for the bank’s small business customers AND prospects. In 2020, the U.S.

Taxes 195

Taxes Community Bank Community Operations 195

PYMNTS

APRIL 6, 2018

In other news, embattled cryptocurrency exchange Coincheck is expected to accept a takeover offer from Monex Group , CoinDesk reported. And the jump in bitcoin prices in 2017 has created massive tax liabilities – to the tune of $25 billion, per a research note from Fundstrat Global Advisers , Reuters reported. As of 11:31 p.m.

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Taxes Bitcoin cryptocurrency US 102

PYMNTS

APRIL 4, 2018

In the rideshare market, for example, Uber and Lyft are allowing drivers to get paid more quickly, and with greater flexibility, than waiting for payday to roll around. Home share service Airbnb , for starters, recently introduced a new tool that enables travelers to more easily split a group bill. Australia and the European Union.

Taxes 100

Taxes Report System blockchain 100

MyBankTracker

MARCH 24, 2021

The 2021 tax season is likely to stand out from previous years as many Americans might need their tax refunds more than ever. According to a recent MyBankTracker survey, Americans are most likely to put this year’s tax refunds into savings, which may not come as a surprise. percent) of a tax refund for the 2021 tax season.

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Taxes Survey Study United States 52

PYMNTS

JULY 16, 2018

Market watchers have sent out a warning that the U.S. inflation remains low – taking away pricing power from businesses – benchmark interest rates are rising and the federal deficit is getting bigger due to a massive tax cut in revenues. economy might be heading toward a recession. Other possible warning signs: U.S.

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Marketing Minneapolis US California 116

PYMNTS

MAY 8, 2020

The poll was conducted by a San Francisco-based advocacy group called Small Business Majority, and its CEO John Arensmeyer has been a proponent of community grants that exist outside of the formal banking system that has controlled government aid up to this point. There is no shortage of other larger scale ideas.

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Maine Groups San Francisco Lending 142

PYMNTS

DECEMBER 27, 2019

We have a deep dive into spend management in addition to news involving the Sprint and T-Mobile merger, as well as data on state tax laws. . A group of state attorneys is joining together to fight a merger of Sprint and T-Mobile that the United States Justice Department supports. 12 Ways Consumers Will Pay (And Be Paid) In 2020.

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Taxes Mobile Management blockchain 101

PYMNTS

JUNE 9, 2019

Reuters reported Lagarde said that technology companies’ use of big data and AI i ncreases big tech companies’ dominance in the mobile payments market, which could result in policymakers around the world rethinking how they regulate the banking system and how they ensure financial settlements are made safely and securely.

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Industry Big Data Fintech Taxes 190

TheGuardian

OCTOBER 25, 2022

Live, rolling coverage of business, economics and financial markets as lobby group leader Tony Danker calls for pro-growth policies from new prime minister Good morning, and welcome to our live, rolling coverage of business, economics and financial markets. 9am BST: Germany Ifo business climate (October; previous: 84.3

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Taxes Policies Groups Strategy 88

PYMNTS

NOVEMBER 12, 2018

According to The Next Web , hours after moving all raised funds out of its wallet, the company shut down its website, deleted its social media accounts and kicked all users off its chat group. And Venezuela is trying to lure the world’s oil markets to start using its national cryptocurrency, the petro.

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Marketing cryptocurrency social media blockchain 179

PYMNTS

MAY 3, 2016

This is proving particularly true for more and more cash-strapped states that have spent years staring at soaring traffic for online retailers but little — if any — increases in the taxes reaped from this digital, transcontinental economy. Fields, chair of Morrison & Foerster LLP’s state and local tax group, told Bloomberg BNA.

South Dakota 100

South Dakota Taxes Online North Dakota 100

PYMNTS

MAY 22, 2020

Having previously identified the region’s growing eCommerce market and given the traction witnessed by clients (going) online due to the pandemic, we are on track for the scheduled opening by the end of 2020.”. The Hong Kong architect P&T Group designed the project. The proposed 2.1 The proposed 2.1

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Regional Taxes Groups Technology 266

PYMNTS

APRIL 22, 2020

GPay , a member company of the Vietnam investment firm G-Group , joins a tight FinTech market in Vietnam with 33 other firms licensed for intermediary payment services. GPay has a supportive ecosystem from G-Group with above 20 million users of financial platforms, game community, social network and technology companies.

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Payments social media Groups Taxes 154

BankBazaar

JANUARY 15, 2024

This blog navigates the complexities of smart savings, emphasising the power of compound interest, tax-efficient tactics, and the integration of technology to empower people to succeed in safeguarding their financial future. Tax-Efficient Savings: Planning your taxes is a key part of saving money.

Strategy 78

Strategy Taxes Cards Security 78

Perficient

DECEMBER 7, 2020

To name a few: long-tenured employees who have “always done it this way,” limited appetite for risk, and tight budgets due to growing competition and demand from small group employers for bare bones, cost-effective plans. Talk to brokers, employers, members, and your sales and marketing teams to gather this intel.

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Groups Comparison Industry Tools 294

PYMNTS

SEPTEMBER 30, 2019

eCommerce sales tax laws are having unintended consequences in the tobacco industry. These laws were meant to make online sellers face sales tax requirements similar to those for retailers with on-the-ground locations, putting both types of businesses on equal footing. in 2017 had a 52.75

Retail 109

Retail Taxes Virginia South Dakota 109

PYMNTS

DECEMBER 8, 2019

The two-year bond will come to the market with 3.25 The bank’s blockchain system was used to issue digital certificates proving ownership, as well as create groups of underwriters and document proof of transactions. Bank of China announced that it has issued 20 billion yuan ($2.8 percent coupon rate. “We

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blockchain Bitcoin Taxes cryptocurrency 132

PYMNTS

AUGUST 24, 2020

Here’s the latest news from Facebook, Amazon and others, which are coming under increasing scrutiny from regulators, trade groups and politicians the world over. The news comes as a new Indian equalization measure came into existence in 2020 that puts a 2 percent tax on every digital transaction that foreign online shopping firms conduct.

social media 152

social media Data Apple Compliance 152

PYMNTS

AUGUST 14, 2020

The deal between the two retail giants comes as India’s alcohol market has been valued at $27 billion, according to IWSR Drinks Market Analysis , the London-based source of data and analysis on the global beverage alcohol sector. Its major investor is Alibaba Group Holding Ltd., the Chinese global technology company.

Taxes 130

Taxes Analysis Retail Online 130

BankUnderground

FEBRUARY 9, 2023

It provides insurers with an option to pass the flood-risk element of their policies on to the reinsurer at a lower fixed price according to property council tax band. Moreover, the Flood Re effect might vary by area and demographic groups due to differences in flood risk and home ownership.

Marketing 74

Marketing Policies Regional Data 74

PYMNTS

JANUARY 25, 2021

In other news, in an attack on Indian cryptocurrency exchange BuyUCoin , hacker group ShinyHunters leaked the private information of over 325,000 users, Inc42 reported. The data leaked included names, email addresses, phone numbers, bank account details and tax ID numbers, the report stated.

Bitcoin 261

Bitcoin cryptocurrency Data National 261

CB Insights

NOVEMBER 21, 2019

The 2019 Canadian fintech market map. The startups selected for inclusion in the market map below are all Canada-headquartered, VC-backed fintech companies that have at least US $1M in equity funding, and have obtained equity funding since the start of 2015. Navigating the Canadian fintech market map. Data is as of 10/8/2019.

Fintech 93

Fintech Marketing US Technology 93

PYMNTS

AUGUST 1, 2019

The guidelines were developed by the Cross-Border Payments and Reporting Plus (CBPR+) working group, SWIFT explained, a working group overseen by the Payments Market Practice Group (PMPG). ISO 20022 will modernize international and domestic payment rails, enabling right and new payment services.”

Guidelines 190

Guidelines Payments Groups Taxes 190

PYMNTS

MAY 28, 2019

A German investigation of Cum-Ex tax deals involves as much as 447.5 Cum-Ex deals, which are no longer allowed, involved taking advantage of a German practice on tax refunds for dividends. When they were in use, an entity paying dividends withheld the tax automatically, but the payment was certified by the shareholder’s bank.

Taxes 108

Taxes America Groups Report 108

PYMNTS

NOVEMBER 30, 2017

At the very moment the period is being put on the end of this sentence, the equities markets are roaring ahead. percent as a group. The headlines may be centered on the fact that investors are stoked over tax reform, which means higher profits for corporates, which then means fatter bottom lines. Not just on your cappuccino.

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Marketing Taxes Apple Course 100

PYMNTS

NOVEMBER 5, 2018

Ant Financial , the Chinese FinTech giant and an affiliate of Alibaba Group , posted an earnings pre-tax loss of 2.4 The Wall Street Journal ( WSJ ), citing Ant, reported that the company had a pre-tax profit of 5.3 billion yuan in pre-tax profit in the fiscal year ending in March, Bloomberg reported. It posted 9.18

Taxes 134

Taxes Lending Operations Marketing 134