PYMNTS

MAY 21, 2020

The new Preventing Financial Crimes Playbook explores the latest financial crime developments, including a rise in financial fraud related to the ongoing COVID-19 pandemic, new threats targeting digital payment apps and guidance from PNC Financial Services on how multilayered defense systems can help curb the tide of digital scams.

Fraud 131

Fraud Tools Training Taxes 131

Abrigo

MARCH 22, 2023

Misrepresentation is used to justify the movement of funds and, in some cases, reduce the tax obligation reflected on customs documents. Over- or under-shipment or phantom shipments: Over- or under-shipment involves misrepresenting the number of goods in a shipment.

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Training Fraud New Jersey Regulation 195

PYMNTS

JULY 6, 2020

Wirecard continues to dominate the headlines in the realm of corporate fraud thanks to $2 billion missing from the company’s books, but it’s not the only company at the center of questionable activity. 34 percent of furloughed employees were asked to commit furlough fraud , according to a survey from U.K.-based

Fraud 148

Fraud Missouri California Report 148

MyBankTracker

JUNE 27, 2020

Not all airline miles and credit card points are the same. Still other types of credit card points are best used to transfer to airline and hotel partners. In this article, we’ll investigate these transferable credit card points. Many transferable credit card points can also be used in other ways. cents per point.

Cards 52

Cards Capital Examples New York 52

PYMNTS

JUNE 29, 2020

With the Wealthfront mobile app, customers with direct deposit can get paid up to two days early, as well as set up direct deposit for other payments like a tax refund or company expenses. A debit card can now be added to the Wealthfront Cash Account to make purchases and get cash from a nationwide network of fee-free ATMs.

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Fintech California New York ATM 151

MyBankTracker

MAY 29, 2020

Many credit unions also offer credit cards to members that can help you earn valuable rewards. The Alliant Cashback Visa Signature Credit Card offers a competitive cash back rewards rate — with the potential to earn up to $3,000 in cash rewards each year. Purchases made with this card earn 2.5% cash back on all spending.

Cards 52

Cards Capital Taxes Maine 52

MyBankTracker

MAY 29, 2020

Many credit unions also offer credit cards to members that can help you earn valuable rewards. The Alliant Cashback Visa Signature Credit Card offers a competitive cash back rewards rate — with the potential to earn up to $3,000 in cash rewards each year. Purchases made with this card earn 2.5% cash back on all spending.

Cards 52

Cards Capital Security Taxes 52

PYMNTS

JULY 7, 2017

Moglix, which launched in 2015, has begun to add new services to its lineup as its home market of India introduces tax reform; the company recently launched a new solution to help manufacturers remain compliant with new rules, and its software will also look to help digitize more aspects of manufacturing in the country. In a statement.

Capital 100

Capital Fraud Management Fintech 100

PYMNTS

DECEMBER 27, 2016

According to a report , Snapdeal is letting Indian residents in two cities place an order of rupees over the internet, pay with a bank card and have the cash delivered to their door as Snapdeal tries to capitalize on the cash crisis that took hold in India starting in November.

Taxes 108

Taxes Maine Online Retail 108

CB Insights

FEBRUARY 13, 2020

As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Fraud prevention tools. Virtual card issuance. Business lending and corporate cards. Broadly enabling online commerce. rate per transaction.

Online 98

Online Company Retail Payments 98

PYMNTS

MAY 9, 2016

Bank of America, Capital One, Wells Fargo, Chase and more published their findings — sometimes to contradicting conclusions. Chase reached some optimistic conclusions regarding how small business owners feel about the year ahead, while Capital One highlighted a 9 percent decline in SME optimism. Small businesses’ top concern?

America 100

America National Capital Survey 100

PYMNTS

MAY 27, 2016

The B2B venture capital roundup this week is flush with startups providing services to other corporates that, in one way or another, impact the business’ bottom line. The funding was led by Accion Frontier Inclusion Fund, with participation from Quona Capital, QED Investors, Kaszek Ventures and Jaguar Ventures, reports said.

Capital 100

Capital Management Taxes Security 100

PYMNTS

MAY 31, 2018

The IRS is hiring and training more than 3,000 agents to enforce its Foreign Account Tax Compliance Act (FATCA), and the onus is now on the payer to collect all necessary tax documents from the payee and validate the info on those forms. AvidXchange. Workers in the $1.4

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Taxes Compliance Tools System 107

PYMNTS

MAY 31, 2018

The IRS is hiring and training more than 3,000 agents to enforce its Foreign Account Tax Compliance Act (FATCA), and the onus is now on the payer to collect all necessary tax documents from the payee and validate the info on those forms. AvidXchange. Workers in the $1.4

Taxes 101

Taxes Compliance Tools System 101

PYMNTS

MARCH 29, 2018

Emailage stopped almost twice as much potential fraud in 2017 as in the previous year. billion in potential fraud was prevented, compared to last year’s $1 billion. Jewel Paymentech has forged a capital alliance with Japan’s largest payment processor, GMO Japan, which will be leading the startup’s Series A+ funding round.

cryptocurrency 109

cryptocurrency Regional Bitcoin Cards 109

Gonzobanker

AUGUST 17, 2022

Then, bad grades came in right as summer party season kicked off, mom and dad took away the car and credit card, and the Venmo transfers came to a screeching halt. First, there was the drama leading up to the breakup with the rich hottie. Thankfully, there was still a smartphone and social media to commiserate.

Fintech 184

Fintech Lending Software Compliance 184

PYMNTS

OCTOBER 10, 2017

“Although the rate of adoption is good, corporates are not leveraging all the benefits of the digital transformation to provide new propositions to their clients, to help them move away from checks and increase overall efficiency in reconciliation and fraud,” the report concluded. Similarly, Asia and Latin America are set to see a 13.2

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Payments Regional America Trends 124

PYMNTS

JANUARY 25, 2019

The flow of commerce and capital gets bogged down in phone calls, applications, emails and inefficient risk profiling based on traditional credit models. The $24 trillion global B2B commerce opportunity, as PYMNTS readers know, is continually — and has been historically — plagued by the paper chase. The Process.

Retail 159

Retail Capital Data Payments 159

PYMNTS

DECEMBER 30, 2020

Virtual cards and straight-through processing (STP) are poised to get more attention from buyers and suppliers as the pandemic recedes. Suppliers, he said, have traditionally been less amenable to commercial card payments, but are increasingly starting to accommodate buyers’ payment preferences.

Cards 262

Cards Regional Payments Data 262

Javelin Strategy & Research

FEBRUARY 23, 2015

They want to spot fraud. Last week, robo-adviser Betterment scored another $60 million in venture capital, giving it a valuation of up to $500 million. In January, Capital One snatched up Level Money’s budget app. They want to know where it goes. They want to know how to save more of it. They want to borrow money more smartly.

Management 40

Management Taxes Mobile America 40

CB Insights

OCTOBER 10, 2018

Both have access to significant financial capital to scale far beyond what’s available to even well-funded startup challengers. The core product is a digital-first app that tracks spending from a linked card issued by either MasterCard or Visa. Neon quickly secured a new partner, BancoVotorantim, to resume card services.

Retail 78

Retail Cards Millennials Mobile 78

Independent Banker

DECEMBER 31, 2021

Some of the lines that community banks plan to add include fraud and ID theft protection services, treasury management solutions, wealth management, property and casualty insurance, credit cards and specialized loan products. finds talk of raising capital thresholds concerning. David Fura, SVP, head of card payments, FIS.

Community Bank 144

Community Bank Community Lending Louisiana 144

CB Insights

MAY 23, 2019

Below, we take a look at some of these frauds and the lessons they can teach entrepreneurs hoping to launch their own products, companies, and funds. Mozido’s fintech fraud fiasco. Virgin Hyperloop One’s utopian vision derailed by fraud. WrkRiot’s short-lived house of cards falls down.

Fraud 78

Fraud Las Vegas Company Video 78

PYMNTS

APRIL 30, 2018

In this world, the only things certain are death and taxes. LendingClub makes unsecured personal loans to consumers, mostly to consolidate and pay off credit card debt and more recently to refinance auto loans. Many of Franklin’s published aphorisms have survived the test of time and remain quite familiar. Honesty is the best policy.

Fintech 183

Fintech blockchain Lending Digital Banking 183

Gonzobanker

DECEMBER 17, 2021

Based on a clearly defined strategy, this team has established a dedicated fintech group that offers services ranging from BaaS to sponsoring card issuance and lending, to providing crypto services, to offering niche partnerships to the gaming industry. ODP revenue will drop significantly if not go away completely. Enough said?

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Fintech Strategy Leadership Lending 143

Tomorrow's Transactions

DECEMBER 12, 2014

Based on the rate of cash-free transactions and the percent of the population that relies on a debit card, here is a look at the 10 countries leading the pack toward a nearly cashless economy. Make sure you have a credit or debit card on you; the city’s parking meters no longer accept cash or coins. United States.

Cards 66

Cards Payments Taxes Retail 66

MyBankTracker

DECEMBER 29, 2020

Charging everyday purchases to a credit card could be rewarding if you’re earning points on what you spend. The Citi Premier Card is designed for spenders who want to earn ThankYou points on groceries, dining, gas and everything in between. While the annual fee is low you may prefer a card with no annual fee at all.

Cards 52

Cards Capital Comparison Examples 52

South State Correspondent

OCTOBER 4, 2023

Maybe technology and maybe fraud, but other than that, it is hard to duplicate that success rate. Build a campaign to acquire new customers or, at a minimum, remind your current customers to save for taxes, incentive compensation, emergencies, or any number of other items. The same is true after getting a tax refund or estate windfall.

Marketing 195

Marketing Taxes Training Management 195

PYMNTS

FEBRUARY 8, 2019

Technology speeds commerce and eases daily life, but also acts as a conduit to payments fraud. To that end, Metro Bank said earlier this week that at least some of its customers had been victimized by fraud that focuses on text messages sent across telecom companies’ networks that Reuters reported are used to verify transactions.

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Metro Fraud Compliance Taxes 169

Gonzobanker

JUNE 16, 2022

In 2020, Aspiration initiated two new programs: Plant Your Change , which plants a tree for every purchase by rounding up to the nearest dollar, and Planet Protection , which makes Aspiration customers’ driving carbon neutral by calculating off their debit card gas purchases. African Americans. LGBTQ+ consumers.

Fintech 146

Fintech Apple Cards Data 146

PYMNTS

JUNE 9, 2017

million in Series A funding from Vancouver Founder Fund and TIMIA Capital. The company deploys third-party processors to integrate virtual card, wire and EFT/ACH payments into a single platform. Then there’s payment fraud, which Dahl said often occurs in the form of check fraud. “I Shortlist just raised $1.5

Technology 109

Technology Fraud Capital Management 109

Fintech Labs Insights

NOVEMBER 12, 2015

.” According to today’s WSJ story , the money appears to be earmarked for share repurchases, meaning it’s just a transfer of $820 million to the existing common stock holders, rather than new capital sitting on the balance sheet. But we’ll see if they do follow that path. Excluding NCR, 13 companies raise $82.2

New York City 12

New York City Company Fintech San Francisco 12

CB Insights

SEPTEMBER 10, 2019

But incumbent banks are also at the forefront of the most promising innovations in personal finance today, such as virtual credit cards. Bank of America, Capital One, Chase, PNC, and Wells Fargo all offer digital and mobile banking options. Digit has raised $36M in venture capital to build out its service.

Millennials 77

Millennials Mobile Lending Cards 77

PYMNTS

JANUARY 1, 2021

Many businesses are finding that newer digital payment tools, like virtual cards, offer key advantages to optimizing their B2B processes during the health crisis. “We The pandemic-induced challenges have also been taxing for community financial institutions (FIs) and credit unions (CUs), as many were not designed to operate remotely.

Trends 259

Trends Video Retail Payments 259

PYMNTS

JANUARY 10, 2019

Platform operators and merchants must conduct due diligence related to everything from intellectual property and tariffs to tax laws and FX rates. One is account takeover — well-documented in this space — and the second type is merchant fraud.

United States 158

United States Regulation Compliance Strategy 158

Fintech Labs Insights

OCTOBER 3, 2016

Provided instant card-issuance technology to Bank of the Ozarks. Announced EMV-instant issuance milestone of more than 10 million cards in the U.S. Forged strategic partnership with United Capital. Personal Capital ( FD15 ). Teamed up with WooCommerce to help online merchants manage sales taxes. in one year.

San Francisco 18

San Francisco Taxes Lending Colorado 18

Fintech Labs Insights

JULY 16, 2015

BehavioSec’s BehavioMobile offers fraud detection by monitoring device rhythm and interaction patterns that are unique to each end user. DAVO Technologies’ automated technology solution solves small-to-mid-sized merchants’ sales tax pain points.

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Company Mobile Software Big Data 12