Credit card

Ensure Correct Tax Reporting with Five Form 1099 Tips from PayrollOrg

Retrieved on: 
Wednesday, January 31, 2024

Last year, the IRS announced the new Information Returns Intake System (IRIS), a filing platform that allows Forms 1099 to be filed online.

Key Points: 
  • Last year, the IRS announced the new Information Returns Intake System (IRIS), a filing platform that allows Forms 1099 to be filed online.
  • Follow these tips from PayrollOrg to help make your 1099 filing process a breeze.
  • Organizations required to file 10 or more information returns in a calendar year, including Forms 1099, are now required to file them all electronically.
  • Every service provider you paid at least $600 for services during 2023 must receive a Form 1099-NEC by January 31, 2024.

XP Inc. reports 4Q23 KPIs

Retrieved on: 
Friday, January 26, 2024

XP Inc. (Nasdaq: XP), a leading, technology-driven platform and a trusted provider of low-fee financial products and services in Brazil, announced today its 4Q23 KPIs.

Key Points: 
  • XP Inc. (Nasdaq: XP), a leading, technology-driven platform and a trusted provider of low-fee financial products and services in Brazil, announced today its 4Q23 KPIs.
  • This strategic shift reflects our belief that operational and financial data should be analyzed concurrently, providing investors with a more cohesive and insightful perspective on XP Inc.'s overall performance.
  • Our NPS, a widely known survey methodology used to measure customer satisfaction, was 72 in 4Q23.
  • Maintaining a high NPS score remains a priority for XP since our business model is built around client experience.

JPMorgan Chase Announces Expanded Roles for Top Executives

Retrieved on: 
Thursday, January 25, 2024

JPMorgan Chase (NYSE: JPM) today announced new and increased responsibilities for a number of key executives that will build upon the company’s successes and continue to position the firm for the future.

Key Points: 
  • JPMorgan Chase (NYSE: JPM) today announced new and increased responsibilities for a number of key executives that will build upon the company’s successes and continue to position the firm for the future.
  • Doug Petno, CEO of the Commercial Bank, will lead an expanded Commercial Banking business, which will also encompass the Global Corporate Banking group.
  • JPMorgan Chase & Co. (NYSE: JPM) is a leading financial services firm based in the United States of America (“U.S.”), with operations worldwide.
  • JPMorgan Chase had $3.9 trillion in assets and $328 billion in stockholders’ equity as of December 31, 2023.

The Huntington National Bank Creates Path to Credit with New Secured Credit Card

Retrieved on: 
Monday, January 29, 2024

COLUMBUS, Ohio, Jan. 29, 2024 /PRNewswire/ -- Building credit just got more accessible with The Huntington National Bank's new Secured Credit Card. The latest addition to Huntington's consumer credit card lineup, the Secured Credit Card empowers customers to establish, strengthen or rebuild credit, all while earning 1% cash back on every purchase.

Key Points: 
  • COLUMBUS, Ohio, Jan. 29, 2024 /PRNewswire/ -- Building credit just got more accessible with The Huntington National Bank's new Secured Credit Card.
  • The latest addition to Huntington's consumer credit card lineup, the Secured Credit Card empowers customers to establish, strengthen or rebuild credit, all while earning 1% cash back on every purchase.
  • Unlike an unsecured credit card, a secured credit card requires a one-time, refundable security deposit from the cardholder, which will equal the cardholder's credit limit.
  • The Huntington Secured Credit Card also comes with a variety of security features, including:
    Card lock, a feature that enables customers to lock and unlock their credit card in real-time through online banking and the Huntington mobile app to stop anyone from making purchases, taking cash advances or transferring balances
    For more information and to learn how to apply for the Huntington Secured Credit Card, visit https://www.huntington.com/Personal/credit-card/secured-credit-card .

KBRA Assigns Preliminary Ratings to Mercury Financial Credit Card Master Trust Series 2024-1

Retrieved on: 
Tuesday, January 23, 2024

KBRA assigns preliminary ratings to four classes of notes issued by Mercury Financial Credit Card Master Trust, Series 2024-1 (“MFCCMT 2024-1”), a credit card asset-backed securitization issued out of the Mercury Financial Credit Card Master Trust (“Master Trust”).

Key Points: 
  • KBRA assigns preliminary ratings to four classes of notes issued by Mercury Financial Credit Card Master Trust, Series 2024-1 (“MFCCMT 2024-1”), a credit card asset-backed securitization issued out of the Mercury Financial Credit Card Master Trust (“Master Trust”).
  • Mercury Financial LLC (the “Company”) is a consumer finance company founded in 2013 that provides services to support the Mercury Financial Program, its general-purpose credit card program under the Mastercard and Visa brands.
  • The notes of MFCCMT 2024-1 will be collateralized and repaid by a portfolio of revolving general-purpose credit card accounts in the Master Trust (“Trust Portfolio”) for which the Series 2024-1 Notes are allocated a percentage interest in the Trust Portfolio.
  • The accounts were originated through the Mercury Financial Program and the Legacy Accounts acquired from a Delaware banking corporation.

Global E-Commerce Market Forecast Report 2023-2030: Digitalization and Technology Drive the Multi-Trillion Market's Meteoric Rise - ResearchAndMarkets.com

Retrieved on: 
Friday, January 19, 2024

Like different market segments, the retail sector is also witnessing great revolution thanks to the continued digitalization, and the arrival of Abstract advanced technology.

Key Points: 
  • Like different market segments, the retail sector is also witnessing great revolution thanks to the continued digitalization, and the arrival of Abstract advanced technology.
  • Global e-commerce marketing is becoming an critical element of companies strategy, in which, it contributes significantly to the monetary improvement of a country.
  • Online advertising tools inclusive of Google classified ads Instagram, wechat and Facebook commercials additionally drive global e-commerce market growth.
  • Apparel and add-ons reign best in the global e-commerce market, securing the very best market share.

Global E-Commerce Market Forecast Report 2023: Market to Grow by $28.75 Trillion by 2030 with Rakuten, Amazon, Alibaba, Walmart, eBay, Zalando, Otto, and JD.com at the Forefront of Growth

Retrieved on: 
Tuesday, January 16, 2024

Global E-Commerce market size is projected to reach US$ 47.73 Trillion by 2030.

Key Points: 
  • Global E-Commerce market size is projected to reach US$ 47.73 Trillion by 2030.
  • Global E-commerce market is growing at a CAGR of 12.22% from 2022 to 2030.
  • Additionally, growth in seamless and uninterrupted Internet offerings is predicted to boost the on-line shopping publicity of consumers thereby favorably impacting the normal E-commerce market growth.
  • Online advertising tools inclusive of Google classified ads Instagram, wechat and Facebook commercials additionally drive global e-commerce market growth.

Mr. Cooper Group Appoints Mike Weinbach as President

Retrieved on: 
Tuesday, January 9, 2024

Mr. Cooper Group Inc. (NASDAQ: COOP) announced today the appointment of Mike Weinbach as President, effective February 1, 2024, with responsibility for leading the Company’s operations, including Originations, Servicing and Technology.

Key Points: 
  • Mr. Cooper Group Inc. (NASDAQ: COOP) announced today the appointment of Mike Weinbach as President, effective February 1, 2024, with responsibility for leading the Company’s operations, including Originations, Servicing and Technology.
  • This press release features multimedia.
  • View the full release here: https://www.businesswire.com/news/home/20240109408504/en/
    With more than 25 years' experience in the financial services industry, Weinbach has a track record of senior leadership roles across consumer and mortgage banking.
  • “I am delighted to welcome Mike to Mr. Cooper Group.

Best Egg Wins Best Personal Loan for Good Credit in NerdWallet's 2024 Best-Of Awards

Retrieved on: 
Thursday, January 11, 2024

WILMINGTON, Del., Jan. 11, 2024 /PRNewswire/ -- NerdWallet, Inc., a platform that provides financial guidance to consumers and small and mid-sized businesses (SMBs), released its 2024 Best-Of Awards to help consumers make smart financial decisions in the year ahead.

Key Points: 
  • Best Egg was recognized by NerdWallet and selected as a winner in the Personal Loans category.
  • Top picks across Credit Cards, Personal Loans, Banking, Investing, Mortgages, Insurance, and Travel Rewards are featured in this year's awards.
  • "We're honored to receive NerdWallet's Best Personal Loan for Good Credit award.
  • "Through our rigorous and objective evaluation process, we have selected Best Egg as one of the best personal loan products," said Kevin Yuann, Chief Business Officer at NerdWallet.

SOUTHWEST AIRLINES CELEBRATES WEEK OF WOW WITH UP TO 40% OFF BASE FARES AND DEALS ON HOTELS, CAR RENTALS, AND VACATION PACKAGES

Retrieved on: 
Tuesday, January 9, 2024

Enter the promotion code WOW in the Promo Code box when booking during the Booking Period.

Key Points: 
  • Enter the promotion code WOW in the Promo Code box when booking during the Booking Period.
  • Please note that the Department of Transportation (DOT) requires advertised fares to include all government taxes and fees; however, this promotion applies to the base fare only.
  • The discount is only valid with the provided promotion code and is not combinable with other promotion codes or fares.
  • The discount is not valid on group travel or Southwest Vacations®, through Global Distribution Systems, or special fares, such as military and government fares.