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Protect Yourself: ATO Impersonation Scams and Tax Return Investments

Qudos Bank

With it being tax season time, it’s important that you remain vigilant when it comes to lodging your tax return as scammers will take the opportunity to impersonate the Australian Taxation Office (ATO) and coerce you into supplying your details so they can steal your funds. or ato.gov.au into the internet browser.

Taxes 40
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Best New Fintech Products & Trends of 2024

Fintech Labs Insights

However, we’ll refrain from listing funding rounds since they are covered widely online. And since we can’t resist a good metric, vanity or otherwise, we’ll include customer, dollar or other significant milestones. mo Klarna 24 Jan BNPL Consumer CNBC Bilt Rewards doubles valuation to $3.1B

Trends 15
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Payments as a Service, Ready for Prime Time?

PYMNTS

That flexibility is especially useful in B2B transactions where entering new markets means that suppliers and buyers may transact across borders and across currencies, where everything from compliance to tax collection issues must be considered. billion in 2024, PYMNTS reported in The FI’s Guide to Modernizing Digital Payments.

Payments 260
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How to Cash in U.S. Savings Bonds and Report Taxes on Interest Earned

MyBankTracker

That is, it can feel like a windfall of cash – until, that is, you realize you need to report taxes on the interest earned. Still, while the tax part may not be loads of fun, it’s always nice to end up with some unexpected cash. savings bonds that were issued on paper or electronically, and how to report it on your taxes.

Taxes 52
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Prepare for stronger C&I lending demand: A $1.7 trillion “wave”

Abrigo

Pruis Examining federal Call Report data from 2016 to Q1 2024 for banks with assets of $70 billion or less, Cornerstone found that only one in 10 institutions that started in 2016 with less than 18% of its portfolio in C&I was able to increase that percentage by 2023. However, most don’t measurably increase C&I from year to year.

Lending 195
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Federal Reserve Raises 2020 Payment Services Fees By 2.4 Pct.

PYMNTS

The PSAF is “an allowance for income taxes and other imputed expenses that would have been paid and profit that would have been earned if the Reserve Banks’ priced services were provided by a private business,” per the release. The 2020 private-sector adjustment factor (PSAF) of $18.9 million was also approved.

Payments 101
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Payments-As-A-Service Gets Ready For Prime Time

PYMNTS

That flexibility is especially useful in B2B transactions where entering new markets means that suppliers and buyers may transact across borders and across currencies, where everything from compliance to tax collection issues must be considered. billion in 2024, PYMNTS reported in The FI’s Guide to Modernizing Digital Payments.

Payments 153