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CRE risk management: Navigating hazards and opportunities

Abrigo

Stress testing, monitoring are essential Financial institutions should challenge assumptions about CRE risk while also watching for red flags as they manage the CRE portfolio. Bankers should examine warning signs and shore up defenses for existing income-producing CRE loans as part of commercial property loan risk management.

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Remote Seller Taxation: A Job For Tax Automation

PYMNTS

Wayfair Supreme Court decision continue to rattle online merchants, as three states (California, Louisiana and South Carolina) are now trying to collect eCommerce sales tax retroactively, as far back as five years. have moved to collect sales tax from remote sellers, and it’s just the beginning. Implementation.

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How community banks can help young homebuyers

Independent Banker

Burmis, senior vice president and retail lending manager at $450 million-asset Chelsea State Bank in Chelsea, Mich. The community bank also hopes to participate in a new tax-exempt savings program for first-time homebuyers that was approved by the state of Michigan in April. So how can community banks help?

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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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Whole Paycheck Tracker: Accelerating Automation To Capture Consumer Spend

PYMNTS

With the additions, Prime delivery is now online in 75 U.S. The eCommerce company further announced it has expanded its grocery pickup to Whole Foods Market to Columbus, Ohio — bringing the total number of pickup markets to 30. 2: People in Glass Houses Should Pay Taxes. billion in corporate tax and reporting $3.4

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What Do Hillbillies Have To Do With Payments Innovation?

PYMNTS

Yet, he wrote about his struggle to take the hillbilly out of the boy, even though he managed to take the boy out of the hillbilly (town). He’s also started a public policy firm recently in Ohio so that he can be a hands-on part of the solution. In 2015, 50 percent of the tax filers in the U.S. BY THE NUMBERS.

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Fintech Fundings: 186 Companies Raised $1.6 Billion in June

Fintech Labs Insights

Online payroll system. HQ: Cincinnati, Ohio. Online accounting. Recurring bill management . Tags: Consumer, billpay, personal financial management, PFM, budgeting, spending, credit/debit cards. Total dollars raised YTD is now $17.4 billion, more than double the $8.4 Latest round: $45 million. Source: FT Partners.

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