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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.

Marketing 116
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Uber Facilitated More Than $600M In Tips For Drivers

PYMNTS

Lyft found that the most generous tippers were located in New York City, Atlanta, Detroit, Dallas, San Jose, Minneapolis, and Westchester County, NY. The lawsuit alleged a breach of contract for adding sales tax and a fee to the total fare amount, which then boosted the number of service fees owed to the company.

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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.

US 106
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FinDEVr Silicon Valley: Looking Back, Moving Forward

Fintech Labs Insights

Named 2015 CFO of the Year (Kurt Ishaug) by Minneapolis-St. Teamed up with WooCommerce to help online merchants manage sales taxes. Announced sales-tax accuracy guarantee. Launched new Common Reporting Standard solution for tax residency identification and due diligence. Unveiled new tax utility service.

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

Fintech Labs Insights

Income tax prep. HQ: Minneapolis, Minnesota. HQ: Minneapolis, Minnesota. Tags: Consumer, tax preparation. HQ: Berlin, Germany. Source: Crunchbase. ClearTax (ClearSharp Technology). Latest round: $12 million Series A. Total raised: $15.4 HQ: New Delhi, India. Source: Crunchbase. PromisePay. Payments for marketplaces.

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Fintech Fundings: 186 Companies Raised $1.6 Billion in June

Fintech Labs Insights

HQ: Minneapolis, Minnesota. HQ: Minneapolis, Minnesota. Income tax preparation app. Tags: Consumer, tax prep. Source: Crunchbase. Trade finance & payments platform. Latest round: $3.1 million Series A. Total raised: $3.5 Source: Crunchbase. ProducePay. Payment solutions for the fresh-produce industry. million Seed.

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Fintech Fundings: 26 Companies Raised $530 Million Third Week of July

Fintech Labs Insights

HQ: Minneapolis, Minnesota. Tax filing portal. Tags: Consumer, tax prep, payments. Total raised: $26.6 Source: Crunchbase. NiYO Solutions. Payroll platform. Latest round: $1 million Seed. Total raised: $1 million. HQ: Bangalore, India. Source: Crunchbase. Latest round: $1 million Seed. Latest round: $1 million Seed.

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