A previous version of this article appeared on Feb. 26, 2020. Benjamin Franklin once wrote, “In this world nothing can be said to be certain, except death and taxes.” True enough, but he missed that ...

Lucas Downey is the co-founder of MAPsignals.com, and an Investopedia Academy instructor. Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market ...

AI algorithms can analyze transactions in real time, detect anomalies and patterns that may indicate fraudulent activities, and alert banks to take appropriate actions. An example of fraud detection ...

Americans who live and do business in those ZIP codes—estimated to be more than one million Americans—will be reported if they spend more $200 in cash on items like money orders and traveler’s checks.

Bartering involves exchanging goods or services directly without using money. The IRS considers bartered goods and services as taxable income. Successful barter requires finding someone with mutual ...

The financial transaction services industry is expected to benefit from expanding transaction volumes, resulting from the widespread adoption of digital means. The ongoing digitization movement, ...

Learn about friction cost to make better informed decisions: its implications in investments and loans, and how it helps assess the true cost of financial transactions.

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Intelligent Search allows retail banking customers to converse and search ...

Editor’s Note: Josh Bivens is director of research at the Economic Policy Institute. The opinions expressed in this commentary are his own. It’s been almost a year since the global financial sector ...

This explains how most notices arise from differences between ITR data and information available with the tax department through AIS and ...