PYMNTS

FEBRUARY 21, 2019

Financial technology firm Green Dot , which made its name on its prepaid debit card solutions, is ramping up its focus on Banking-as-a-Service (BaaS) after posting $14.3 Green Dot also plans to upgrade the BaaS platform again in 2020, he noted, with an emphasis on risk controls and compliance.

Taxes 188

Taxes User Experience Cards Operations 188

PYMNTS

JANUARY 12, 2021

The advantages of outsourcing the back-end integrations and compliance issues tied to, say, international markets can accrue swiftly to corporates’ bottom lines, free up resources and streamline back-end processes.

Payments 153

Payments Compliance Technology Taxes 153

PYMNTS

JANUARY 22, 2020

Fifty-one percent of United States consumers stated in the most recent PYMNTS Disbursements Satisfaction Report that they would prefer to receive tax refunds, child support payments and other government payments through instant payout methods.

Idaho 130

Idaho Illinois Innovation Tennessee 130

PYMNTS

JUNE 7, 2018

According to Arro, sole traders are an underserved demographic in the financial services market, often forced to rely on personal account services with inadequate cash management, tax and compliance offerings. “We believe everyone should have access to appropriate financial services that meet their needs. ”

Taxes 133

Taxes Compliance Meeting Mobile 133

PYMNTS

FEBRUARY 28, 2020

An entrepreneur who opens a coffee shop or launches a FinTech startup isn’t in business to crunch numbers and file taxes. Yet, the burden of financial management, from tedious data entry to compliance challenges, is a nonnegotiable part of starting a small business (SMB). “In retrospect, it was a big mistake.

Capital 154

Capital Taxes Software Data 154

PYMNTS

AUGUST 5, 2019

That new industry is growing, and new services, including online ordering and delivery, are rising to meet consumer demands for legal pot. But federal law still views marijuana as an illegal substance, which prevents most financial institutions, payment card networks and other providers from taking part in those sales.

Company 163

Company Payments Fraud Meeting 163

South State Correspondent

AUGUST 31, 2022

Then there are vendor contracts, employment agreements, statements of work, loan documents, financial statements, tax returns, deposit account documents, policies, and an array of similar applications. Pulling data off a tax return has a low error rate while pulling data off an attorney-prepared loan document is more challenging.

Training 448

Training Data Examples Taxes 448

PYMNTS

AUGUST 27, 2019

However, there’s an area of B2B FinTech that appears to have left a gap in the market: While there are solutions for CPAs to better manage their clients’ funds, Dustin Hall, director of CPACharge at card processing company AffiniPay , says CPAs lack a seamless way to get paid from those customers.

Fintech 150

Fintech Online Management Cards 150

PYMNTS

APRIL 27, 2016

There are issues of transaction security, criminal elements, tax evasion, free flow of capital, access to goods and services and the ability to fully participate in the global economy. adults still prefer to use cash for purchases under $5, while 22 percent use debit cards and 11 percent use credit cards.

Taxes 100

Taxes Colorado Alaska Cards 100

Abrigo

APRIL 13, 2017

Additionally, the guide includes an overview of technology that helps create and accelerate cash flow, from smartphone-enabled credit card readers to business intelligence software. Using a cash flow solution in meetings, advisors can demonstrate for clients how improving one or more key financial metrics can impact cash flow.

eBook 170

eBook Analysis Resources Taxes 170

PYMNTS

MAY 31, 2018

That’s a good thing for organizations that hope to meet the ever-rising tide of consumer demand for faster, cheaper, more accurate financial services. Recent research by the startup and Gatepoint Research showed that nearly half of organizations still validate tax forms manually, while 30 percent aren’t validating them at all.

Taxes 107

Taxes Compliance Tools System 107

PYMNTS

MAY 31, 2018

That’s a good thing for organizations that hope to meet the ever-rising tide of consumer demand for faster, cheaper, more accurate financial services. Recent research by the startup and Gatepoint Research showed that nearly half of orgs still validate tax forms manually, while 30 percent aren’t validating them at all. Chargehound.

Taxes 101

Taxes Compliance Tools System 101

PYMNTS

DECEMBER 11, 2019

It’s an integration that reflects how data integration strategies can not only help traditional banks to better meet clients’ needs, but also help FinTechs compete against banks. According to Just Cashflow, 70 percent of SMB owners say their existing banks do not adequately meet their needs. Eika Group, EedenBull Team for Banks.

Fintech 132

Fintech Groups Data Strategy 132

PYMNTS

OCTOBER 17, 2018

GFA, however, will offer basic financial tools to these businesses, including access to online banking, checking accounts, debit cards, cash management and payroll services. GFA will also follow compliance guidelines and take steps to ensure it only engages with legitimate retailers. “We

Colorado 126

Colorado Massachusetts US Industry 126

PYMNTS

JANUARY 17, 2019

receiving paper checks and even fewer using payroll cards. Employers don’t simply want a payroll solution, she said, but a holistic suite of human capital management tools that can handle everything from tax compliance to integrations with time-tracking solutions. ” In the U.S.,

Capital 173

Capital Tools Survey Management 173

PYMNTS

MAY 14, 2018

Prepaid cards enable customers to access physical fiat via ATMs, but they only work with an eWallet or some store of value to back them up, and there can be fees associated with their use. There will also be tax liability and compliance challenges around the base currency where funds are being held. Risk and Compliance.

ATM 101

ATM Compliance Regulation Cards 101

PYMNTS

JULY 13, 2018

The current quarter included a 10-cent per share income tax expense. . Wayfair, which impacted how states may collect taxes on sales made by out-of-state sellers. . However, we have to do manage our other risks, such as compliance and operational risk.” per share, while earnings came in at 98 cents.

South Dakota 101

South Dakota San Francisco Indiana Wisconsin 101

CFPB Monitor

NOVEMBER 17, 2014

To conduct the study, the CFPB identified 325 publicly available account agreements for prepaid products that appeared to meet the proposal’s definition of the term “prepaid account.” The CFPB did not look at agreements for gift cards and other prepaid programs that would not be covered by its proposal.

Study 74

Study Cards Regulation Taxes 74

PYMNTS

DECEMBER 14, 2017

Then again, who needs magic reindeer when supply chain APIs are available year-round to help merchants meet their delivery needs? Under the agreement, Ripple will integrate into the AmEx FXIP platform which enables non-card payments to be routed through RippleNet. This is especially true for companies in the manufacturing space.

Trends 115

Trends Payments blockchain Report 115

PYMNTS

AUGUST 3, 2018

For much of the world, electronic invoicing is taking off — not only for the benefits it offers, like enhanced cash flow visibility, but largely because jurisdictions are implementing eInvoicing regulatory requirements to crack down on tax evasion. Take credit cards, for instance.

Regulation 101

Regulation Data America Payments 101

CB Insights

NOVEMBER 21, 2019

Companies in this subcategory (1) provide technology to accounting and tax, bookkeeping, and expense management players, or (2) leverage technology to provide these services directly to end-users. Companies here complement existing compliance, audit, and risk workflows, and/or leverage technology to automate workflows. Real estate.

Fintech 93

Fintech Marketing US Technology 93

PYMNTS

JANUARY 19, 2021

But reaching a broader range of consumers, accommodating their payment preferences, and satisfying regulatory and tax issues in unfamiliar territory introduces a host of new operational challenges for these companies. As the seller of record, we manage the filing, the collection and the remittance of taxes in every jurisdiction.”.

Branding 322

Branding Taxes Fraud Regulation 322

ZootBlog

JUNE 8, 2016

In July 2015, the Department of Defense (DoD) passed major changes to the Military Lending Act (MLA) with target compliance dates of October 3, 2015 and October 3, 2017. The 2017 date applies only to credit cards. However, the original act only applied to payday loans, tax refund anticipation loans, and vehicle title loans.

Lending 60

Lending Regulation Taxes Security 60

South State Correspondent

AUGUST 31, 2022

Then there are vendor contracts, employment agreements, statements of work, loan documents, financial statements, tax returns, deposit account documents, policies, and an array of similar applications. Pulling data off a tax return has a low error rate while pulling data off an attorney-prepared loan document is more challenging.

Training 74

Training Data Examples Taxes 74

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. GonzoBanker of the Year – Bank. Stop the Madness Award goes to the credit memo.

Fintech 147

Fintech Strategy Leadership Lending 147

FICO

MARCH 25, 2022

For example, real-time card transaction monitoring requires one set of capabilities; application fraud detection and prevention requires another. Fraud changes all the time — it’s a given, along with death and taxes,” Sid concluded. Of explainability, Sid said, “Explainability is really the ability to understand.

Fraud 52

Fraud Management System Course 52

FICO

MAY 14, 2019

It may seem like a contradiction, but in some regards, tax offices are both data rich and data poor. Tax offices have a significant amount of data, predominantly from business registration forms and tax return filings available to them. Tax Office Data-Matching: The Value Of Third-Party Data.

Taxes 40

Taxes Data Analytics Compliance 40

PYMNTS

MAY 14, 2018

Financial institutions (FIs) that service the industry, she recently told PYMNTS, “don’t have the compliance people, processes or automated tools in place to meet the required guidelines — and are unknowingly putting their clients at risk.”. Traditional banks are not required to know that you are selling Hallmark cards to minors.

Compliance 130

Compliance Guidelines Industry Taxes 130

PYMNTS

NOVEMBER 22, 2016

Comdata, for the longest time, was the premier provider for the large fleet space in fuel cards,” said Comdata President of North American Trucking Greg Secord. We provide businesses with capital in the sense that the credit card is the foundation of Comdata. Large fleets are trucking firms with over 100 vehicles. said Secord. “We

Taxes 100

Taxes Capital Compliance Operations 100

Gonzobanker

DECEMBER 19, 2017

The Get Outta Dodge (and Focus) Award – Goes to Capital One for exiting a significant mortgage business to focus on cards and direct banking. Batch Payments Award – Goes to Cornerstone ’s own Steve Williams, who navigated a 10-minute line to pay for a batch of drink tokens with a credit card to barter with bartenders.

Conference 101

Conference Industry Community Bank Community 101

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. PingPong’s business model, he said, is to handle payments for them and also to help develop compliance and risk frameworks.

United States 158

United States Regulation Compliance Strategy 158

FICO

JANUARY 19, 2022

Our five most popular posts of the year dealt with trade-based money laundering, non-fungible tokens, buy now pay later scams, courier scams and good old credit card fraud. Banks can deploy additional sophisticated technology measures to reduce card fraud. Credit Card Fraud: It’s Still A Thing (And As Big As Ever).

Fraud 52

Fraud Cards Report Analytics 52

CFPB Monitor

SEPTEMBER 8, 2016

The much-anticipated guidance was published in the Federal Register on August 26, 2016, just over one month before the final rule’s October 3 compliance deadline for most products other than credit cards. Therefore, the latter loans would qualify for the exemption so long as they meet the regulatory requirements for exclusion (i.e.,

Compliance 60

Compliance FDIC Security Regulation 60

FICO

MAY 27, 2021

The ‘courier scam’ is a global issue that intensified late last year and presented another worrying trend in the new world of digital payments and card scams. Like many modern card and e-commerce frauds, the scam itself contains a range of attack vectors in a single place. Fake webpage for Royal Mail.

How To 98

How To Fraud Examples Report 98

PYMNTS

SEPTEMBER 14, 2016

Hyperwallet offers cash pickup at half a million locations globally, also enabling its matchmaker customers to pay their workers via program-run branded cards, accounts, virtual cards, their own cards or even via check. Warrington said the goal is to give people options.

Cards 100

Cards Training Taxes Compliance 100

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. Added to its Compliance Document Management Solution, CertCapture. Teamed up with WooCommerce to help online merchants manage sales taxes. Unveiled new tax utility service.

San Francisco 18

San Francisco Taxes Lending Colorado 18

PYMNTS

APRIL 25, 2016

And speaking of free, they surely have a great “free” thing going themselves — they get paid really good salaries and other perks that are – let’s sing this together now – “tax FREE!”. But the government isn’t doing any of that and so some people really, really need to borrow against their future earnings to make ends meet today.

Regulation 100

Regulation Google Course Cards 100