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Big Tech Compliance Tracker: Facebook Hints At EU Pullout Over Data Transfers Laws; Appeal Filed Over Apple’s $15B Tax Bill On Ireland Operations; In-App Billing Battle Rages On

PYMNTS

Regulations. SocialMediaToday reported that in early September, an EU “privacy regulator … sent Facebook a preliminary order to suspend data transfers to the U.S. Canadian Lawmakers Want Big Tech to Pay for Content, Taxes . EU Renews Demand for Back Taxes on Apple’s Ireland Ops. billion back-tax bill in Ireland.

Taxes 162
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Big Tech Compliance Tracker: Facebook Faces $6.06 Million Fine From South Korea; Big Tech Tax Becomes Due In France

PYMNTS

million) financial penalty to Facebook and has pursued a criminal probe for allegedly sharing the personal data of users with other operators in the absence of permission, Reuters reported. “We The French Finance Ministry has told Big Tech firms that the Digital Service Tax is now due, PYMNTS reported, citing Reuters. billion won ($6.06

Taxes 130
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How Prepaid Cards Played A Role In El Chapo’s Global Drug Operation

PYMNTS

-Mexico border (sophisticated tunnels, modified trains and rail spurs, even jalapeño cans designed to fool border inspectors), and whose main distribution points were Lost Angeles, Chicago and New York City. Criminals can direct federal or state tax authorities to issue fraudulent tax refunds on prepaid debit cards.”.

Cards 147
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2021 GonzoBanker Awards

Gonzobanker

Lots of tech and operations to clean up, it appears, but no solid bank is better qualified than the team from Minneapolis. The regulator and media pressure on overdraft fees has been a constant challenge to overdraft revenue. regulated financial institutions! Acronym of the Year. Has to be M-O-E. THE INDUSTRY TREND AWARDS.

Fintech 136
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Stripe Teardown: How The $35B Payments Company Plans To Supercharge Online Retail

CB Insights

Sigma aims to streamline business operations. This process also comes with hurdles like regulations, fees, compliance standards, and payment card issuers — all of which become increasingly complex for international transactions. Virtual card issuance. Business lending and corporate cards. Growing the internet economy.

Online 98
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The 25 Most Absurd Job Titles In Tech

CB Insights

“This one nails it because, in many ways,” one admirer of the title wrote in the Chicago Tribune , “software development is a mysterious and ancient art form.”. Tax Wrangler. Health food delivery company Oh My Green is hiring for a happiness manager, aka an operations manager. Remote Funnel Marketing Ninja.

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

Jeff For Banks

billion of assets and operates twenty five branches in the western suburbs of Chicago. That got regulator's attention in the form of a May 2011 Consent Order (CO). Summit also operates an insurance subsidiary. Actually, the Bank had a one-time after tax litigation settlement (from a 2002-04 event) of $6.2