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Small banks: Big challenges and big opportunities

Abrigo

Relationship focus helps CFIs Small banks can leapfrog competitors and better serve their communities by combining their unique advantages with smart management and partnerships. Declining deposits, higher cost of funds, and ever-increasing competition are just a few challenges these executives are managing.

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Online Sales Tax’s ‘Pivotal,’ Post-Wayfair 2019 — And What Lies Ahead

PYMNTS

In an interview with PYMNTS, Liz Armbruester, senior vice president of Global Compliance at Avalara , said 2019 represented a watershed year for tax compliance as states embraced the economic nexus model and passed marketplace facilitator laws. Imposing state taxes on out-of-state sellers is now the new normal, she said.

Online 132
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BEC Attacks Surge As Fraudsters Eye Pandemic Opportunity

PYMNTS

With the global pandemic continuing to cause market disruptions, the opportunities for fraudsters remain on the rise. 115,000 worth of fraudulent payments were reportedly made by former leaders of a small town in Missouri , the New York Times recently reported. ” The U.K. 200 percent more BEC scams hit U.S.

Fraud 148
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The future of workplace flexibility

Independent Banker

By early 2022, of its approximately 1,200 non-branch personnel—including lenders, wealth management and support departments—70% were hybrid, 20% were remote and 10% were fully in the office. Many IT, marketing and finance profitability analytics employees are remote. “We has begun surveying its managers to determine that path forward.

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Fintech Fundings: 12 Companies Raise $240 million Week Ending June 25

Fintech Labs Insights

Payments risk & compliance management. Canopy Tax (formerly Beanstalk). Tax & accounting practice management. Louis, Missouri. Online investment manager. Tags: Investing, wealth management, stocks, trading, equities. Source: The Oregonian. HQ: Palo Alto, California. Total raised: $21.5

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Fantasy Sports Get A Legal Go-Ahead In New York State

PYMNTS

Indiana, Virginia, Tennessee, Mississippi, Missouri and Colorado have all affirmed daily sports betting as a legal alternative, but other states have seen the issue differently. This is significant since they collectively control 90 percent of the daily sports gaming market.

New York 101