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PPP Loan Forgiveness May Be Hard To Win For Self-Employed Workers

PYMNTS

The measure limits independent contractors and the self-employed to borrow up to two months of their pay based on their 2019 income tax return or $15,385, whichever is less, toward forgiveness. If they can’t convince the SBA they met those requirements, borrowers have two years to repay it at a 1 percent interest rate.

Ohio 248
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Deep Dive: Digital ID Systems Wrestle With Ethics

PYMNTS

Consumers around the world log in to eBay with their Facebook profiles, purchase lunches with Apple Pay and in some cases pay their taxes or register to vote with government-provided digital identities. Proposed ethical guidelines. as a guideline. Ethical problems facing digital ID. Ethical digital ID success stories.

System 131
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Asia Pacific Ramps Up eProcurement Push

PYMNTS

With government agencies working to combat tax evasion and fraud, eInvoice mandates mean a reduced risk of invoice fraud and greater visibility into trade and transactions. on the benefits of an eInvoicing mandate, noting that it would address the nation’s current tax challenges. On Monday (Aug.

Regional 108
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Reverse Trend

Independent Banker

A recent national survey from The Demand Institute reveals that 63 percent of baby boomers plan on “aging in place” in their current home. billion in assets and operates 60 retail locations, is licensed to originate reverse mortgages in most of the United States. New FHA guidelines. FirstBank, which has $2.3 About the market.

Trends 70
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What South Korea’s Delisting Of Private Altcoins Means For Crypto

PYMNTS

The South Korean operation of a cryptocurrency exchange known as OKEx is “removing support” for five altcoins: Those coins, per a blog post from OKEx Korea, stated that trading would be halted in of Monero (XMR), Dash (DASH), Zcash (ZEC), Horizen (ZEN) and Super Bitcoin (SBTC) in less than a month on Oct. billion of that market cap.

Bitcoin 129
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Horn Sounding On The Future Of Freight Delivery

PYMNTS

When just one item is purchased from an international consumer, a slew of factors – from taxes to shifting currency rates – affect the payment process, as well as the price. Since banking guidelines vary immensely from country to country, Fine explained that expanding to provide services across the globe is easier said than done.

Industry 101
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HSBC Highlights Corporate Optimism’s Resilience Over Global Trade Uncertainty

PYMNTS

One year later, the nation’s participation in the North American Free Trade Agreement (NAFTA) is also changing as the U.S., Despite ongoing change and uncertainty, however, new analysis from HSBC finds corporates across North America remain confident in their future global trading operations.

America 128