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Market Watchers Say US Recession Is Coming

PYMNTS

Credit spreads are the other element that’s a pretty big tell,” said Gene Tannuzzo, senior portfolio manager at Columbia Threadneedle Investments in Minneapolis. If you have a weird recovery, you might have a weird recession,” said Jim Paulsen, chief investment strategist at the Leuthold Group in Minneapolis.

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The US Government’s eInvoice Mandate: Better Late Than Never

PYMNTS

Adoption of Electronic Invoicing: Challenges and Opportunities report released by the Federal Reserve Bank of Minneapolis in 2016, government officials noted the role eInvoicing plays in the broader effort to improve the U.S. In its U.S. payments system as outlined in its Strategies for Improving the U.S.

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Uber Facilitated More Than $600M In Tips For Drivers

PYMNTS

In May, it launched mid-trip ratings and tips, and that has driven a 30 percent increase in tipping, said Uber Product Manager Dhruv Tyagi. Lyft found that the most generous tippers were located in New York City, Atlanta, Detroit, Dallas, San Jose, Minneapolis, and Westchester County, NY.

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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. Congrats to Randy and a great management team. Acronym of the Year. Has to be M-O-E. Performance and multiples continue to be solid, outperforming most regional banks. GonzoBanker of the Year – Credit Union.

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Why Regulators’ War On Fees Will Kill Consumers

PYMNTS

And speaking of free, they surely have a great “free” thing going themselves — they get paid really good salaries and other perks that are – let’s sing this together now – “tax FREE!”. Free – a good gig if you can get it. Here’s another variation on “I just want the world to be free.”.

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Fintech Fundings: 186 Companies Raised $1.6 Billion in June

Fintech Labs Insights

HQ: Minneapolis, Minnesota. Recurring bill management . Tags: Consumer, billpay, personal financial management, PFM, budgeting, spending, credit/debit cards. Fintech deals by size from 25 June to 1 July, 2016: Paycor. Online payroll system. Latest round: $45 million. Total raised: $164 million. HQ: Cincinnati, Ohio. LendingKart.

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Fintech Fundings: 35 Companies Raise $470 Million the Third Week of June

Fintech Labs Insights

Income tax prep. Research management software for investors. HQ: Minneapolis, Minnesota. HQ: Minneapolis, Minnesota. Tags: Consumer, SMB, personal financial management (PFM), expense reports, employees. Latest round: $46.76 million Series C. Total raised: $71.56 HQ: Costa Mesa, California. Source: Crunchbase.