PYMNTS

FEBRUARY 23, 2017

That day is when the IRS hands out tax refund checks from the previous year’s tax filing. Research conducted by the National Retail Federation (NRF) and Prosper Insights & Analytics paints a much different picture for this year’s tax refund spending — or, in this case, not spending — activities. Not this year.

Taxes 100

Taxes Survey Analytics National 100

Abrigo

MAY 3, 2017

Data analytics are gaining momentum as they are increasingly being used during the audit process. As auditors know, data analytics are required during both the beginning and the end of an audit. However, analytics can also be employed efficiently and effectively as substantive procedures. type questions. type questions.

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Analytics Data Examples eBook 150

PYMNTS

FEBRUARY 23, 2017

While most adults typically are excited about receiving their tax refunds to splurge on luxury items, research from the National Retail Federation (NRF) and Prosper Insights & Analytics is telling a different story. Here are the numbers: 48 percent | Percentage who plan to put tax refunds into savings.

Taxes 100

Taxes Data Analytics Survey 100

PYMNTS

FEBRUARY 4, 2020

Last month, the company spent $375 million to buy San Diego-based ID Analytics. In addition, RELX made pre-tax profits of £2.15 While RELX didn’t disclose the price of the deal, a person familiar with the dealings valued it at around $480 million, according to FT. billion in 2018. It plans to release more recent numbers soon.

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Analytics Fraud San Diego Arizona 136

PYMNTS

OCTOBER 19, 2020

Scams have taken on a new life amid the COVID-19 pandemic, according to Armistead, with scammers impersonating tax officials, personal protective equipment (PPE) sellers or bank personnel to trick victims into sending them money. The economic anxiety associated with the pandemic has made victims especially vulnerable.

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Fraud Analytics System Examples 171

PYMNTS

MARCH 19, 2018

Tax season, indeed. The regulatory landscape was dotted with news out of Europe centered on the way that tech firms do business — and how they’re taxed. As for taxes , tech behemoths under scrutiny across a separate proposal might face taxation on digital activities of as much as 3 percent of turnover.

Taxes 122

Taxes United States Community Bank Analytics 122

Cisco

OCTOBER 2, 2020

Earnings Before Interest, Taxes, Depreciation, and Amortization (“EBITDA”) is a metric used to evaluate a company’s operating performance and how much profit they’re bringing to the bottom line. The economic volatility brought on by COVID-19 has impacted EBITDA across the Financial Services sector.

Analytics 129

Analytics Data Leadership Strategy 129

PYMNTS

DECEMBER 1, 2017

But there is a clear common thread among the B2B startups that secured fresh funding this week: data analytics. Read below to explore the ways newly-funded firms are using the power of data analytics for their corporate customers. Blockchain.

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Analytics blockchain Data Big Data 118

Abrigo

MARCH 29, 2017

Since leaving public accounting, she has been an internal auditor, a tax preparer and a controller. Analytics can more effectively focus firm resources. Analytics can more effectively focus firm resources. What analytics cannot do is enhance professional skepticism for the auditor.

Analytics 150

Analytics How To eBook Fraud 150

PYMNTS

MAY 21, 2018

And Helios & Matheson Analytics — the parent firm of MoviePass — remains concerned about a cash crunch. But Ted Farnsworth, head of Helios & Matheson Analytics, said the firm actually does have enough cash to survive and thrive. Analysts estimate the new tax will bring in $45 to $49 million per year over five years.

Seattle 100

Seattle Taxes Cards Data 100

FICO

MARCH 16, 2018

Social Network Analysis (SNA) tools hold the potential to help tax and revenue agencies identify non-compliance and tax fraud. These tools have been proven to be effective in fraud detection¹, but to date haven’t been utilized to any large degree at tax agencies. Opportunities for Tax Agencies. Improper registrations.

Analysis 45

Analysis Taxes Fraud Compliance 45

PYMNTS

FEBRUARY 8, 2018

If death and taxes are sureties, insurance payments rank up there, as people insure homes and autos and apartments against any number of calamitous scenarios. Data analytics plays a role here, termed by Zalewski as “the often-forgotten side of [insurance] payments.”.

Taxes 101

Taxes Payments social media Policies 101

South State Correspondent

APRIL 4, 2024

The relationship between federal deficits and interest rates may depend on many complex factors, such as: whether tax rate changes, money supply changes, government spending changes, or political and economic stability worldwide accompany the deficits.

Risk Management 195

Risk Management Community Bank Policies Community 195

PYMNTS

JULY 26, 2019

The Internal Revenue Service (IRS) is going to send letters to about 10,000 cryptocurrency holders warning them about the penalties they will face if they don’t report their income or pay taxes on the transactions, according to a report by The Wall Street Journal. Taxpayers should take these letters very seriously. at the World Bank.

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Taxes social media cryptocurrency Washington 128

Perficient

JULY 27, 2020

If you’re noticing new customers requesting accounts within your business, or new users on your site, you should look at your commerce site analytics and see what these customer demographics look like. How are you handling sales tax in various states that you might serve through a B2C channel?

Analytics 332

Analytics Technology Strategy Taxes 332

Payments Source

MARCH 27, 2016

Fallout from widespread data breaches hurts many payment industry sectors, but this year's tax-filing season brings fresh pain for the prepaid card industry, with new details out connecting prepaid cards with some of last year's biggest tax refund fraud busts.

Taxes 64

Taxes Fraud Cards Data 64

PYMNTS

SEPTEMBER 23, 2020

The feature allows cash balance and treasury forecasting, snapshots and simulations and statistical key performance indicators (KPIs) to monitor cash flow in an accurate way and put predictive automated analytics in place for back-office functions.

Analytics 177

Analytics Taxes Survey Management 177

PYMNTS

FEBRUARY 20, 2020

FreshBooks Inks Tax Integration Deal. Small business accounting platform FreshBooks recently announced an agreement to integrate with Taxfyle , a data sharing arrangement that aims to automate tax prep for small business owners. Data and analytics firm AccountScore will facilitate the data integration via its Open Banking solution.

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Lending Taxes Fintech Data 217

PYMNTS

MARCH 4, 2020

Similar challenges have emerged in the traditional ERP’s ability to meet modern financial planning, cash flow forecasting, and risk analytics needs, he added. For example, he pointed to multinational corporates’ need for tax provisioning and transfer pricing solutions to promote efficiency and compliance across borders.

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Data Taxes Analytics Resources 260

PYMNTS

OCTOBER 29, 2019

The platform also supports tax exemption for qualified purchases. Amazon Prime , meanwhile, connects business customers to free delivery for users on their business account, as well as a range of B2B services including analytics and procurement controls. Germany, U.K., France, Italy, Spain, Japan and India.

Analytics 101

Analytics Taxes Meeting Marketing 101

PYMNTS

APRIL 9, 2018

This may be the first sign of tax reform seeping into the small business labor market,” the executive said in a statement. “As As small business owners begin to realize the benefits of tax reform, they will likely translate to better wages and more jobs. Economists had previously expected 210,000 jobs to be added.

Taxes 141

Taxes Regional Analytics Survey 141

PYMNTS

SEPTEMBER 24, 2018

Massachusetts-based Audit Analytics looked at disclosures from more than 9,000 U.S.-listed tax law and revenue accounting rules. As a result, past financial reports had to be reexamined to recalculate the value of tax credits or liabilities, or to assess how previous results would look under new rules.

Taxes 170

Taxes Massachusetts Software Analytics 170

PYMNTS

AUGUST 21, 2020

Publishers’ Letter Spotlights ‘Apple Tax’ – and Digital News Delivery. New Report: How Behavioral Analytics Help FIs Block Fraud at the ITM. In August’s Digital-First Banking Tracker, Jason Powers, senior vice president at Ascend Federal Credit Union, explains how behavioral analytics at the ITM help keep fraudsters away.

cryptocurrency 159

cryptocurrency Maine Boston Analytics 159

Cisco

APRIL 26, 2022

Those opportunities will rely on data and analytics for real-time decision making. Their goal is to move beyond tax-related services to deliver a holistic financial services platform to small businesses and their employees, inclusive of banking services. trillion by 2025, growing at a CAGR of 16.9%. Customer Value.

Big Data 148

Big Data Data Analytics Examples 148

PYMNTS

MARCH 26, 2019

In a press release on Monday (March 25), the firms said their integration means restaurant owners and managers will be able to access higher-level analytics about their businesses and workforce. Netchex and Delaget are introducing a new solution that combines data from the point of sale (POS) and other systems.

Data 122

Data Analytics Capital Tools 122

PYMNTS

APRIL 15, 2019

Users will see a detailed overview of each item, like description, price and tax info, which will help companies track expenses and streamline auditing of expense reports. Now, Mastercard said, it is providing mid- and large-sized operations with an easier way to understand and manage expenses. The product is currently available in the U.S.,

Data 177

Data Taxes Tools Analytics 177

South State Correspondent

SEPTEMBER 16, 2022

However, if you are not, or if you want to get both more accurate and granular, then we turn to the Kohl Analytics Group , whose sole focus is to help financial institutions with profitability starting with building a funds transfer pricing methodology. Including the cost of funds equates to a net 1.13% profit margin before taxes.

Analytics 195

Analytics Lending Data Groups 195

South State Correspondent

OCTOBER 4, 2023

These ideas come from our experience, database, and the analytics of the Infusion Marketing Group , one of the few bank marketing firms that understands deposit building at its core. Look for news events such as government shutdowns, tax law changes, or disaster preparedness to amplify your marketing.

Marketing 195

Marketing Taxes Training Management 195

Abrigo

JANUARY 18, 2016

How an electronic tax return reader provides more time for advisory services As accountants and their staff scramble to complete client W-2s and 1099s to meet other deadlines related to the start of tax season, it’s hard to see an end to the crazy schedules.

Taxes 150

Taxes Meeting Analysis Data 150

PYMNTS

NOVEMBER 4, 2020

As more B2B companies look to deliver B2C experiences through digital channels, they need access to accelerators such as our FastTrack Commerce that can address this customer-driven imperative, quickly and cost effectively,” said Paul Lynch , area vice president and managing director of LiveArea EMEA, according to the release.

Taxes 174

Taxes Customer Experience Analytics Management 174

Abrigo

JANUARY 6, 2017

Advances in automation While artificial intelligence and data analytics may provide huge opportunities for audit, tax and client accounting services in the future, a prerequisite to widespread use will be the continued automation of data inputs, according to Asgeirsson. Register here.)

Trends 218

Trends blockchain Taxes Survey 218

FICO

FEBRUARY 14, 2017

I’m going to explore the impact advanced analytics can have on the current state of regulatory compliance. RBA follows a multi-step approach: After initially assessing any risks (money laundering, tax fraud, etc.), Scott Zoldi will go deeper into the analytic technologies being used in AML.

Analytics 40

Analytics Compliance Meeting System 40

PYMNTS

AUGUST 16, 2019

Meanwhile, logistics, data analytics, and business travel technologies also won over investors. Incorta counts Starbucks among its current corporate users, with the coffee chaining deploying the firm’s technology to enhance data analytics in its finance and supply chain operations.

Fintech 179

Fintech Analytics Capital Lending 179

Abrigo

FEBRUARY 23, 2017

Data analytics, it appears, can be the remedy for the challenges we face. WHAT DOES THE AICPA THINK According to the AICPA in their 2015 publication Audit Analytics , “data analytics have the potential to transform the way financial statement audits are conducted making them significantly more effective and possibly more efficient.”

Analytics 150

Analytics Big Data Data Technology 150

South State Correspondent

SEPTEMBER 13, 2023

Maybe the payer needs a breakout of taxes, or perhaps the payee was only able to ship a partial order. Limit controls, dual approval, multifactor authentication, and behavioral analytics that are all leveraged for ACH and wire payments also apply to instant payments but with the added benefit of more data and more trusted parties.

Payments 221

Payments Fraud Data Taxes 221

PYMNTS

JANUARY 24, 2019

Data and analytics company Ascension has suffered a data leak that exposed more than 24 million loan and mortgage documents from some of the country’s biggest banks. This information would be a gold mine for cyber criminals who would have everything they need to steal identities, file false tax returns, get loans or credit cards.”.

Taxes 155

Taxes New York Security Data 155

PYMNTS

MARCH 26, 2018

Complex tax law has been linked to the rise in eInvoicing in B2B commerce, according to Julie Park, managing director of VAT and customs duty at The VAT Consultancy. She pointed to Latin America , which enacted some of the world’s first eInvoicing mandates for the purposes of tax rule enforcement.

Taxes 102

Taxes Fraud Compliance Regulation 102