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EU Wants US Tech Giants To Pay Revenue Tax

PYMNTS

Germany, France, Italy and Spain’s finance ministers have announced plans to tax tech multinationals, such as Amazon and Alphabet Inc./ They would like the EU to develop a region-wide plan to implement their proposal, and plan to present it to all 28 EU finance ministers at a meeting next week. billion in revenue tax.

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What Goes Up …

Independent Banker

Coping just fine, community banks in energy-producing regions manage the oil-price plunge. Crude oil prices have dropped more than 50 percent from last July to this January, and they haven’t hovered this low since 2009. New energy regions adapt. By Howard Schneider. But North Dakota is a newcomer to the oil-producing world.

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Banking's Top 5 in Total Return to Shareholders: 2017 Edition

Jeff For Banks

The Bank, Old Second National Bank, lost a whopping $156 million in 2009 and 2010. Their non-performing loans (NPL)/total loans ratio peaked at 12.54% in 2010, and between 2009-12, the Bank charged off over 11% of its loan portfolio. Actually, the Bank had a one-time after tax litigation settlement (from a 2002-04 event) of $6.2

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Stripe Teardown: How The $35B Payments Company Plans To Supercharge Online Retail

CB Insights

In 2009, a decade after PayPal started offering online payments, San Francisco-based startup Square brought payments innovation to the point-of-sale , allowing businesses with smaller transaction volumes to accept card payments with its card reader and mobile phone card reader. Product innovation.

Online 98
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Fenergo Adds Enhanced Rules, Remediation to its CRS Compliance Solution

Fintech Labs Insights

Client Lifecycle Management solution provider Fenergo is boosting the capabilities of its Tax Compliance suite. The enhanced version of the company’s CRS Compliance Solution is geared toward improving tax regulation compliance through improvements to the Three Rs: Rules, Remediation, and Reporting.

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How Have the Finovate Best of Show Winners Fared?

Fintech Labs Insights

Lendsmart: AI-driven platform streamlining home lending processes, new partnerships with regional banks. Europe 2016 (London): Capitalise : Raised $10M for its automated investment platform, expanded to include tax optimization features. Silver6: Video personalization for finance, expanded into real estate and insurance markets.

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Disrupting The Car: How Shared Cars, Bikes, & Scooters Are Reshaping Transportation And Cannibalizing Car Ownership

CB Insights

As a result, a number of mobility startups have emerged, deploying new transportation models that stand to disrupt personal car ownership in dense urban regions, and potentially in more suburban regions moving forward. The dominant ride-share providers in the US – Uber and Lyft – have already seen rapid adoption.