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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. This week the world got an admission from Bulgaria’s finance minister that a hacker managed to make off with the data nearly every tax paying Bulgarian citizen, according to a report by Reuters. According to the U.S.

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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. In fact, 97 percent of online applications are abandoned by the customer, according to Forrester. Baker Hill. www.bakerhill.com.

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‘Stranger Things’ And Starcourt Mall Teach Us About Big Tech And Innovation

PYMNTS

Taxes and other measures put in place years earlier were even rolled back. In season three of Stranger Things , there is one scene where angry mobs of merchants are protesting in front of City Hall because Main Street businesses in Hawkins, Indiana are being shuttered due to this new shopping innovation.

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Sports Betting Moves Forward In The U.S. — With or Without ‘Integrity Fees’

PYMNTS

Meanwhile, states such as Kentucky, Connecticut, Illinois, Michigan, Indiana, Massachusetts, Maryland and others are making moves toward legalization, and via different methods. Iowa, for instance, is considering letting casinos and racetracks offer on-site and online wagering. percent state tax on sports wagers. Integrity Fees.