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Aussie Tax Reg: Cash-Only SMBs Dodging Taxes

PYMNTS

The Australian government is preparing a strategy to combat tax dodging among small businesses amounting to an estimated $11 billion in missing tax payments, News.com.au The nation’s Australian Taxation Office (ATO) warned Monday (Aug. For the 2015-16 tax year, the ATO said the small business tax gap stood at 12.5

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Egypt Eyes eInvoicing To Modernize Public Procurement

PYMNTS

Egypt is readying an electronic invoicing mandate for consumers to pay their taxes, an initiative that reports said will eventually expand to standardize invoicing in government procurement processes. Reports in Zawya on Monday (Dec. Reports in Zawya on Monday (Dec. That effort also aims to go live in 2020, reports said.

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Startup Roundup: A Look At Local, National And Global Expansions

PYMNTS

As startups such as DadeSystems , FitPay and Jewel Paymentech expand across devices and functions, Tipalti , AvidXchange and Emailage announce new growth for their local, national and global footprints. Those that felt ready had invested in knowledge of local markets and tax codes, new tech and/or new vendors. Chargehound. DadeSystems.

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10 Data-Driven Ideas To Increase Branch Engagement

South State Correspondent

The operative question is: given online and mobile banking, what is the new role of the branch? The advent of generative artificial intelligence is about to shift branch strategy again to re-raise the question – how can we get the most out of our branches? For some banks, their strategy will focus on face-to-face selling and service.

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EY Joins Forces With GTKonnect For Global Trade Services Expansion

PYMNTS

EY said the transaction would bolster the ability of its teams to keep offering exporters and importers “operational efficiencies” via integration, automation and collaboration offerings that allow for the “seamless sharing” of data, according to an announcement.

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The top-performing community banks of 2021

Independent Banker

Whether it’s products and services, technology strategies or employee benefits, independent community banks decide on their own terms what’s best for their business and their customers. 3-yr average pre-tax ROA. Brazos National Bank. Douglas National Bank. pre-tax ROA: 3.08%. pre-tax ROA: 2.83%. Tuscaloosa.

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Japan Takes Aim At Big Tech eCommerce Transparency

PYMNTS

Earlier this week, Japan ’s cabinet proposed a bill that seeks to, as reported by the country’s national daily, The Mainichi , “improve contract transparency” for deals struck by Big Tech firms — specifically, platform operators — and their smaller vendors. As measured on an annualized basis, GDP contracted by more than 6 percent.

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