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How Do Customers — And Retailers — React To Tax Returns?

PYMNTS

For all the johnny-come-latelies who spend the hours before midnight on April 17 scrambling to submit their tax forms, there are millions more Americans who are sitting pretty with their tax refunds already in hand. It’s a peculiar part of tax season. In the past, the answer may have been yes.

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New Data: Receivers Value Instant Payouts Enough To Pay To Get Them

PYMNTS

Instant payments that enable the 24/7, year-round transfer of tax refunds, benefits, dividend payments and other disbursements could be key to quickly getting them money for much needed purchases within 30 minutes or less. This is in turn driving a need for fresh financial solutions that can help customers pay — and get paid — fast.

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Milk And Cereal Too Burdensome For 40% Of Millennials

PYMNTS

Baby Boomers practically grew up on the stuff — and the games on the side of the boxes — but, true to form, their millennial counterparts have different plans. At least, that’s the case for the 40 percent of millennials who said eating a bowl of cereal is just too much work that early in the morning. So said Mintel’s U.S.

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Sprint And T-Mobile Merger, Spend Management And State Tax Top This Week’s News

PYMNTS

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.

Taxes 101
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How fraudsters target different generations

Independent Banker

Fraudsters typically target millennials via text messages that promise rewards, shipment tracking and other automated messages that make them vulnerable to phishing attacks.”. While some groups of people might be more vulnerable to certain types of financial fraud … many of these schemes don’t have specific age groups in mind.

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Your next accounting client wants paperless, mobile services

Abrigo

The survey found that all age groups of business owners – but particularly those younger than age 55 -- prefer their accountants to handle all or most of their accounting work paperlessly. Millennial business owners (which for this survey included owners younger than 39) overwhelmingly preferred paper-free accounting, at 78 percent.

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Porsche Passport Lures Younger-Than-Expected Drivers

PYMNTS

“We’re conquesting a target group, and engaging them with a brand, who do not want to commit to a three-year lease. It includes a $500 activation fee, credit check and also covers vehicle tax, registration, insurance and maintenance. They just want to go month by month and are willing to spend for that.”.

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