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Weekend Reading For Financial Planners (Oct 15-16)

Nerd's Eye View

Also in industry news this week: The IRS released a notice this week indicating that RMDs will not be required for inheritors of retirement accounts subject to the SECURE Act’s 10-year rule. A recent study suggests that advisors can regain about 20% of their time by outsourcing investment management responsibilities.

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Lightyear Forms ProfitSolv To Acquire Billing, Payments Solutions

PYMNTS

Lightyear intends to work toward acquiring software and payments companies, which the release calls “a highly fragmented market” that has a large number of smaller providers. According to the press release, the addressable market for payments solutions is around $1.4 billion for the legal vertical alone.

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Today In B2B: Revolut Debuts New Business Feature; MonetaGo Targets Trade Finance Fraud

PYMNTS

Plus, Pioneer Bank sues over MyPayrollHR scandal, Procurement Partners secures new funding, and ImagineTime partners on FinTech for accountants. ImagineTime, Mango Billing Partner On Digital Accounting. Revolut Launches Acquiring Solution For Business Customers. Revolut , which is valued at $5.5

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