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Lending Is Failing To Live Up To 2018’s Great Expectations

PYMNTS

As of early 2018, U.S. regional bank executives were gearing up for a bumper year, according to Bloomberg. It was almost like a dam broke when the tax legislation got enacted,” said Steve Steinour, CEO of Huntington Bancshares Inc. “We BB&T is expecting to see loan growth between 2 to 4 percent in 2018. Bancorp said.

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France’s Finance Minister Wants EU-Wide Digital Tax By Year End

PYMNTS

France is plowing ahead with its vision for a European Union-wide digital tax, with the country’s Finance Minister Bruno Le Maire saying he wants the tax approved by the end of 2018. ” He noted that a delay could raise the risk of individual countries that are in favor of the tax, including the U.K.

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Who Pays A Higher Price For Online Sales Tax?

PYMNTS

The 2018 South Dakota v. Wayfair case that allowed states and individual cities to launch tax policies aimed at remote sellers and marketplaces is still reverberating in 2019 and will likely affect online retail in 2020. In Q3 2019, 14 states started collected online sales tax and 11 more followed in October. eBay Makes a Deal.

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The Rise Of Faster Disbursements

PYMNTS

In addition, the problem of fraudulent tax returns could keep growing as digital processes come to the tax-filing-and-return space. 172 billion: The value of peer-to-peer (P2P) transfers consumers made via their bank accounts in 2018. 10 : The number of countries in the region in which Grab operates.

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First SMB Job Growth Of The Year Recorded In March

PYMNTS

This may be the first sign of tax reform seeping into the small business labor market,” the executive said in a statement. “As As small business owners begin to realize the benefits of tax reform, they will likely translate to better wages and more jobs. percent increase in hiring activity in March.

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Financial Brand Forum 2018: 7 Takeaways in 7 Minutes

Gonzobanker

Front and center was Evolution Group’s SilverTech slowly building up regional networks of locally deployed implementers of horizontal web and process tools. Banks should engage customers digitally and write about “helping customers with their taxes or something [valuable]… earning the right to promote.” For at least 30 seconds.

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FICO Survey: APAC Banks Expect Rise in Tax Evasion

FICO

million digital records exposed the dark deeds of dirty money and tax evasion and burst the bubble of pretense that the world is effective at dealing with corruption. One in five banks in Asia Pacific say that they expect tax evasion to increase 100 to 500 percent over last year’s levels according to a recent poll by FICO.

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