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Square officially brings small business banking in-house. Its new industrial bank could leverage its vast merchant network and data capabilities to establish Square as a significant threat to incumbents. Insider Intelligence publishes hundreds of research reports, charts, and forecasts on the Banking industry. Learn more about becoming a client. The fintech, which provides point-of-sale payment and credit solutions to small and medium-sized businesses (SMBs), opened the doors to its highly anticipated industrial bank. Square fires up its business bank, and inc...

Mardi Gras parades were cancelled in New Orleans for the first time in more than 40 years. But New Orleans residents have found a creative solution: turn their houses themselves into floats. The drive to create “house floats” is supporting a community of local artists who lost their jobs. Mardi Gras looks different for New Orleans residents this year. Back in November, Mayor LaToya Cantrell announced the cancellation of festivities. The city made a point to note that while Mardi Gras itself can’t be cancelled, the city won’t be able to “celebrate the holiday this year as we have in ...

By Arianne Cyril L. Mandac Earlier this month, the Bureau of Internal Revenue (BIR) issued Revenue Memorandum Circular (RMC) No. 4-2021, which lays down the guidelines for the filing of tax returns and attachments, as well as the payment of the taxes due. The RMC did not, essentially, introduce any changes to the prescribed manner of filing and payment of tax returns, but it is nevertheless important to refresh ourselves on these guidelines to ensure proper compliance and avoid unnecessary penalties and inconvenience. ELECTRONIC FILING AND PAYMENT OF TAX RETURNS The electronic mode of filing ...

US-based life insurtech Bestow raised $70 million in Series C funding amid rapid sales growth during the coronavirus pandemic. The company launched Protect API to enable partner insurers, agents, and fintechs to integrate its fast underwriting solution on their own platforms. Insider Intelligence publishes hundreds of insights, charts, and forecasts on the Fintech industry with the Fintech Briefing. You can learn more about subscribing here. US-based Bestow has raised $70 million, per PR Newswire. Launched in 2017, the insurtech's digital platform directly offers ...