Hargreaves Lansdown said it has seen new clients sign up to its cash savings service following government-backed NS&I cutting its rates in September. The Active Savings product had £2.3bn in assets as of 30 September 2020, up from £1.3bn under management last September. The cash savings service was launched in 2018 and was struggling to […]
Archives for October 2020
Paytm announces a Rs 10 cr fund for mini-app developers in its fight against Google
Illustration: Rahul Awasthi Paytm has set up a Rs 10-crore investment fund to attract local app developers to its newly launched Mini App Store, as the fintech company attempts to garner support from the domestic tech ecosystem in its “battle” against Google. In a virtual gathering organized by the Noida-based company on Thursday, CEO Vijay […]
Here are the highlights from the vice presidential debate between Mike Pence and Kamala Harris
The one and only debate between Vice President Mike Pence and Sen. Kamala Harris was quieter, clearer and more disciplined than the resentful, chaotic presidential debate a week earlier. But despite the calmer tone — and the two sheets of plexiglass separating the contenders — sparks flew from both sides of the stage with no […]
SBA clarifies deferral period for PPP loan payments
The US Small Business Administration released guidance Wednesday clarifying that lenders must recognize the previously established extended deferral period for payments on the principal, interest, and fees on all Paycheck Protection Program (PPP) loans, even if the executed promissory note indicates only a six-month deferral. The guidance means that lenders must immediately comply with the […]
Did budget 2020 hit the target for Australian businesses?
Did budget 2020 hit the target for Australian businesses? | Reckon Blog Blog Post Home > News > Did budget 2020 hit the target for Australian businesses?
An ad is trending on YouTube. So what?
Illustration: Rahul Awasthi A nearly five-minute advertisement has been trending on YouTube India over the last few days, in what is a rare occurrence on the video-sharing platform. India’s top YouTuber — Ajey Nagar aka CarryMinati – features in the satirical video endorsing lifestyle brand Arctic Fox’s gaming backpack. It can be viewed on YouTube’s […]
Celebrating 110,000 confident Xero certified individuals across the globe
As we went into lockdown around the world, business owners and Xero partners had to learn a lot of new information quickly. So we turned our focus to educating our customers. Over the last few months we’ve worked hard to pull together a series of daily educational webinars covering everything from accessing government assistance programmes […]
JPMorgan turns to fintech to help advisors be more tax-efficient
In an era of free trading and index-based investing, helping clients with taxes is an increasingly important service for advisors to demonstrate their value to investors. And to do it, firms are now arming advisors with new technology to manage portfolios with greater tax efficiency. The latest example: J.P. Morgan Asset Management has partnered with […]
With Oct. 15 looming, some practitioners face daunting challenges
In the spring, as the COVID-19 pandemic swept the globe, the IRS took action to extend a wide variety of filing deadlines. Taxpayers and tax practitioners both needed the extra time, as offices across the country shut down, quarantining took effect, and many people became sick. While the IRS and states postponed many tax filing […]
Google faces new antitrust case in India over abuse in smart TVs market: Sources
Alphabet’s Google is facing a new antitrust case in India in which the U.S. tech giant is alleged to have abused its Android operating system’s position in the smart television market, a source and two lawyers involved in the case told Reuters. The case is Google’s fourth major antitrust challenge in India, one of its […]