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Wells Fargo’s Q2 Disappoints After Scandals

PYMNTS

The current quarter included a 10-cent per share income tax expense. . Second-quarter net income was impacted by a $481 million one-time expense resulting from a key Supreme Court decision related to online sales, South Dakota v. Wayfair, which impacted how states may collect taxes on sales made by out-of-state sellers. .

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Data Dive, Breaches And Security Blips Edition: Key Bank, Microsoft And Bulgaria 

PYMNTS

Interlogic Outsourcing is reportedly the customer involved – the Ekhart Indiana based firm processes payrolls. An analyst at Baird said the revelations were “unfortunate” but “manageable.”. The hack reportedly happened at the end of June at Bulgaria’s tax agency – the National Revenue Agency (NRA).

Data 100
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SourceMedia’s Small Business Banking Conference Show – No Shortage of Innovation

William Mills

Between massive tax revisions and the end of net neutrality, small businesses are expected to struggle in the coming year, creating an opportunity for financial institutions to step in and provide real value. RCGILTNER’s turn-key digital business strategy also manages all compliance, adverse action, and credit and risk monitoring.