6 posts tagged ‘Financial’
Bench Shut Down, Then Acquired
mjtsai,
Charles Rollet (Hacker News): Bench, a Canada-based accounting startup that offered software-as-a-service for small and medium-sized businesses, has abruptly shut down, according to a notice posted on its website.[…]The company’s entire website is currently offline except for the notice, leaving thousands of businesses in the lurch. Bench touted having more than 35,000 U.S. customers just […]
Japanese Consumption Tax and the App Store
David Smith (2012): The Japanese government requires that Apple withhold 20% of your profits from App Store sales unless you have filed forms demonstrating that you are a foreign company and taxable there instead. The forms are a bit complex and the process a bit cumbersome, but unless you complete it 20% of whatever you […]
FastSpring Risk Screening
I received a pair of e-mails from one of my payment processors, FastSpring, which included this text: Our implemented process is designed to ensure full alignment and compliance with regulatory standards, including KYC/KYB (Know Your Customer/Know Your Business) requirements, Anti-Money Laundering (AML) regulations, Countering the Financing of Terrorism (CFT) guidelines, and international sanctions screening. We’ve […]
Apple Cash Escheat Heads-up
Dana E. Stevens: I had a small balance in Apple Cash and had not made any transactions in a bit over 3 years. I received a text message notice of a “Balance Adjustment” resulting in a $0 balance in Apple Cash. Called Apple Support. They said the balance had been escheated to the state I […]
Mint.com Replaced by Credit Karma
Emma Roth (via Hacker News, Reddit): Intuit first acquired Mint in 2009, an app that has offered a free way for users to track their budgets, manage expenses, negotiate bills, and keep tabs on subscriptions. Now, Intuit is inviting users to Credit Karma, a service that the company acquired in 2020. While Credit Karma offers […]
FTX Trial
Molly White (via Nick Heer): We got our first glance at the FTX codebase on Friday. The prosecution brought out Github screenshots as they questioned cooperating witness Gary Wang, the former CTO of FTX who at various times was responsible for the codebases powering both FTX and Alameda Research. Wang has pleaded guilty to four […]