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DOJ To Investigate Intuit’s $7B Takeover Of Credit Karma 

PYMNTS

ProPublica reported the DOJ has raised questions about potential antitrust issues if Intuit, the maker of TurboTax, takes over its former rival that offered free tax preparation tools. Senator Ronald Wyden (D-Oregon) raised similar concerns. Intuit dominates online tax preparation with a 67 percent market share in 2019.

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US Local Governments And The Slow Death Of The Check

PYMNTS

Local and state government agencies tend to approach innovation slowly and methodically, but careful vetting and execution have drawbacks for disbursement developments. Digital and instant payment tools’ availability has yet to persuade the Oregon Department of Revenue to give up paper checks, for example.

Oregon 131
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Why State And Local Governments Struggle To Shred The Paper Check

PYMNTS

Fifty-one percent of United States consumers stated in the most recent PYMNTS Disbursements Satisfaction Report that they would prefer to receive tax refunds, child support payments and other government payments through instant payout methods. The state of Illinois is still considering digital disbursements, though innovation remains slow.

Idaho 130
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Kicking The Paper Check From Its Public Payment Perch

PYMNTS

The main challenge in innovating public payments in the U.S. In Oregon, Mastercard is working with a department of revenue officials to improve their direct deposit architecture, while in Idaho the desired improvement is a wider project that would tie tax, healthcare and other types of public disbursements into an online platform.

Payments 188
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The top-performing community banks of 2021

Independent Banker

3-yr average pre-tax ROA. pre-tax ROA: 3.08%. pre-tax ROA: 2.83%. pre-tax ROA: 2.68%. 3-yr average pre-tax ROA. pre-tax ROA: 2.68%. In true community bank fashion, each has its own story to tell and its own path to success. Molly Bennett, executive editor, Independent Banker. Less than $300 million.

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

William Mills

Now in its 23 rd year, the conference featured more than 20 technology providers and rallied together innovators from across the globe to discuss how financial institutions can better engage with business customers… and the timing couldn’t be better. According to The Wall Street Journal , the U.S. www.miradortech.com.

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Governments Fuel Blockchain’s Global Proliferation

PYMNTS

Singapore stepped onto the global stage as a world leader in blockchain innovation in recent months. As regulators begin to consider blockchain regulations, many have signaled a desire not to hamper innovation while doing so. In Spain, regulators are reportedly exploring how to support blockchain developers.