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Why State And Local Governments Struggle To Shred The Paper Check

PYMNTS

Fifty-one percent of United States consumers stated in the most recent PYMNTS Disbursements Satisfaction Report that they would prefer to receive tax refunds, child support payments and other government payments through instant payout methods. The state of Illinois is still considering digital disbursements, though innovation remains slow.

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DoorDash And Uber Fee Hikes Will Test Business Model – And Restaurants’ Patience

PYMNTS

Six weeks after securing passage of the Proposition 22 ballot measure that overturned a California law requiring part-time workers to be reclassified as employees, two of its biggest backers have rolled out new fees to offset expenses related to additional worker benefits. Apply the local sales tax and the new total is $48.07.

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The top-performing community banks of 2021

Independent Banker

3-yr average pre-tax ROA. Cumberland Security Bank, Inc. First Security Bank of Deer Lodge. pre-tax ROA: 3.08%. pre-tax ROA: 2.83%. pre-tax ROA: 2.68%. In true community bank fashion, each has its own story to tell and its own path to success. Molly Bennett, executive editor, Independent Banker. Tuscaloosa.

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SMBs Struggle Amid MyPayrollHR Fraud Inquiry

PYMNTS

Now, small business owners are struggling to make up thousands of dollars in tax payments that vanished or are in limbo , Chicago’s Daily Herald reported Tuesday (Oct. Pro/Data Workforce Solutions, based in Gurnee, Illinois, notified its clients in September that it would stop handling payroll services as of Oct. 28 and Sept.

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How to Become an SBA Lender for the CARES Act’s Paycheck Protection Program

Abrigo

Key Takeaways The Small Business Administration (SBA) and Treasury Department released information on how lenders can become eligible to originate Paycheck Protection Program loans under the Coronavirus Aid, Relief, and Economic Security (CARES) Act. 15 and verify the borrower had employees for whom they paid salaries and payroll taxes.

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Why Digital IDs Need A ‘Trust Anchor’

PYMNTS

For example, the Illinois Supreme Court ruled earlier this year that companies can be sued for biometric data collected without users’ consent. PSD2 is here, of course, changing the way consumers and companies access data. And recently, legal challenges centered on data collection have begun popping up. Introducing Biometrics Into the Mix.

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Government Predictions 2019: Automate, Enhance and Secure

FICO

Another way to look at it is that if Illinois abandoned all state funding (police, K-12 education, prisons, etc.) for the next six years, and took 100% of their current tax revenue and allocated it 100% to its pension fund, the state would still be underfunded for their promised payouts. Collections Predictions 2019: SOP Won’t Cut It.