The Accounting Podcast

Bad App Causes $900 Million Bill Pay Blunder


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Show Notes

1:50 – David got bitten by the Bitcoin bug! 


6:25 - Tax season off to a slow start, lawmakers complain to IRS

https://www.accountingtoday.com/news/tax-season-off-to-a-slow-start-lawmakers-complain-to-irs

 

8:19 – Is an end to the pandemic in sight? 

 

12:27 - Take control of your calendar this busy season

https://www.accountingtoday.com/opinion/take-control-of-your-calendar-this-busy-season

 

14:58 - Democrat bills would help the IRS go after wealthy, corporations

https://www.accountingtoday.com/news/democrats-introduce-bills-to-increase-taxes-on-wealthy-and-corporations

 

22:00 - Screenshot of the Horrific UI Design That Led Citigroup to Accidentally Send $893 Million 

https://www.core77.com/posts/105540/Screenshot-of-the-Horrific-UI-Design-That-Led-Citigroup-to-Accidentally-Send-893-Million

 

What can we learn from Citi's $900 million mistake? - DEV Communityhttps://dev.to/feileacan/what-can-we-learn-from-citi-s-900-million-mistake-3p0j

 

29:20 - Sales-Hiding Software Outsmarts U.S. Tax Collectors (Podcast)

https://news.bloombergtax.com/financial-accounting/sales-hiding-software-outsmarts-u-s-tax-collectors-podcast

 

35:20 - Don’t Get Zapped: Enforcement against Businesses That Use Sales Suppression Software Is on the Upswing

https://www.blankrome.com/publications/dont-get-zapped-enforcement-against-businesses-use-sales-suppression-software-upswing

 

37:33 - Most Restaurants Couldn’t Pay December’s Renthttps://www.pymnts.com/news/retail/2021/survey-says-most-nyc-restaurants-couldnt-pay-december-rent/

 

39:28 - 32% of Small Businesses Have a Month or Less in Cash Reserveshttps://smallbiztrends.com/2021/02/alignable-small-business-cash-reserves-report-covid-recovery.html

 

43:01 - SURVEY: If Only We Had Time For…

https://cpatrendlines.com/2021/02/18/survey-if-only-we-had-time-for/

  

46:38 - Robinhood Fails to Meet Deadline to Give Customers Tax Forms

https://www.bloomberg.com/news/articles/2021-02-17/robinhood-misses-irs-deadline-to-give-customers-their-tax-forms

 

48:40 - Brex applies for bank charter, taps former Silicon Valley Bank exec as CEO of Brex Bank https://techcrunch.com/2021/02/19/brex-applies-for-bank-charter-taps-former-silicon-valley-bank-exec-as-ceo-of-brex-bank/

 

49:12 - Iwoca Integrates With Xero For Pay Later Option

https://www.pymnts.com/news/b2b-payments/2021/iwoca-integrates-with-xero-for-smb-pay-later-option/

 

50:35 - PayPal Wants To Become The Banking World's Next 'Super App'https://thefinancialbrand.com/107787/paypal-venmo-banking-super-mobile-app-payments/

 

54:14 -  PayPal - Pay touch-free with a QR code

https://www.paypal.com/us/webapps/mpp/qrcode

 

54:16 - Revolut Business Introduces QR Codes For Payments

https://www.pymnts.com/news/payment-methods/2021/revolut-business-introduces-qr-codes-for-payments/

 

55:41 – We’ve got VOICEMAIL! Thank you, Giuseppe for sharing your struggles with QuickBooks Cash! 

 

59:37 - Shopify Smashes Estimates With Q4 Resultshttps://www.pymnts.com/news/retail/2021/shopify-q4-results-smash-estimates-growth-could-slow-post-covid/

 

59:54 - Why Amazon Snapped Up Selzhttps://www.pymnts.com/amazon-acquisitions/2021/why-amazon-snapped-up-selz/

 

60:12 - Exciting News! DEAR Systems and Orderhive have joined Cin7 

https://www.cin7.com/blog/cin7/exciting-news-dear-systems-and-orderhive-have-joined-cin7/

https://www.orderhive.com/orderhive-has-joined-cin7

Get in Touch

Thanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes, or Podchaser. Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus, and NOW, you can see our smiling faces on Instagram! You can now call us and leave a voicemail, maybe we'll play it on the show. DIAL (202) 695-1040

Need Accounting Conference Info? 

Check out our new website - accountingconferences.com


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The Accounting PodcastBy Blake Oliver & David Leary

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