Perspectives on Payments

by Austin Mills

These are exciting times in the payments industry. It seems like more innovation is occurring and more participants are joining the space than ever before. Emerging financial technology providers are increasingly playing a role in the payments ecosystem.

I recently attended a multi-day payments event broadly covering the payments industry. Below are a few of the insights and takeaways I gained that may be beneficial to FinTech and payments entrepreneurs, investors and other professionals.

  • Technology is Displacing Banks – From prepaid to Bitcoin to alternative lenders, non-bank financial service providers are becoming more prevalent than ever. These new entrants often

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Disclosure Requirements and Considerations Under the New Revenue Recognition Standards

Morris, Manning & Martin and Habif, Arogeti & Wynne join forces to provide a unique legal and accounting perspective on changes to new revenue recognition standards for tech companies. 

Disclosure Requirements and Considerations Under the New Revenue Recognition Standards from MMMTechLaw on Vimeo.

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Supreme Court Reaffirms Taxpayer’s Right to Challenge IRS Summonses

by Bryan Levy
On June 19, 2014, the United States Supreme Court issued its decision in United States v. Clarke, No. 13-301, reaffirming the right of a recipient of an IRS summons to challenge the summons by examining IRS officials in an adversarial proceeding. For residents of Alabama, Florida, and Georgia, however, Clarke is a pyrrhic victory for taxpayer rights, as the Supreme Court’s decision imposes a greater evidentiary burden on the recipient than the prior controlling precedent from the United States Court of Appeals for the Eleventh Circuit. The impact likely will be significant in light of a recent IRS directive,

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