Remove tag remittance
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Paysafe Readies $9 Billion IPO Via SPAC

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The $9 billion price tag would make this one of the larger SPAC mergers of the year, behind the MultiPlan merger with Churchill Capital Plan for $11 billion and the pending United Wholesale Mortgage $16 billion deal with Gores Holding IV, Bloomberg reported. In addition, Foley launched another SPAC, Foley Trasimene Acquisition Corp.,

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Deep Dive: Accelerating Cross-Border Payments With Cloud Technology

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Remittances between migrant workers and their families could also account for hundreds of billions of dollars. Up to 5 percent of all cross-border B2B payments are subjected to additional inquires or investigations beyond basic levels of scrutiny, causing significant payment delays and carrying hefty price tags.

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When One State’s Tax-Exempt Necessity Is Another’s High-Tax Discretionary Purchase

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Sales taxes’ price tags. Some state laws place tax collection and remittance responsibility on such platforms, rather than on third-party merchants, but NorthShore believes double-checking the marketplaces’ tax assessment work is worthwhile. Tax law changes can hit retailers hard if states do not carefully announce and implement them.

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Euronet Prepares To Battle For MoneyGram

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Euronet Chief Executive Officer Michael Brown penned a letter to Treasury Secretary Steven Mnuchin on Monday (March 27), explaining that whoever takes over the global money remittance company would be requested to help authorities combat money laundering and terrorism financially by complying with often confidential data requests.

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A Closer Look At Ripple’s Money-Saving Claims

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The Price Tag. In the world of payments,” Ripple continued, “a technology solution like Ripple and XRP that creates unprecedented cost efficiency and global reach makes use cases, like global disbursements, international cash pooling, low-value remittances and even micropayments, not just possible but profitable.”.

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Musical Chairs For Payments Mergers?

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The politics may be enough to make Ant think twice, while the price tag, thrice. The other big player in the remittance space, of course, is Western Union. Another foreign “wrinkle” ties in with remittances to Mexico, which has also been targeted by some Trump administration saber rattling.

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Jack Ma’s Sizzling Week (And Quarter, Too)

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After early morning rumors started swirling that Ant Financial Services Group (which operates as an affiliate of Alibaba Group Holding) was considering acquiring MoneyGram — within hours the news was confirmed, and even had a price tag on it. Ant Financial will pay $880 million to buy MoneyGram. This is Ant’s second big U.S.