PYMNTS

AUGUST 5, 2020

The company combines a Mastercard debit card, mobile business account and virtual assistant into one offering, which is designed for freelancers, small businesses and startups. The next step in ANNA’s transformation is for the company to transition into a licensed EMI and principal member of Mastercard. 4) announcement.

Fintech 203

Fintech Taxes Cards Industry 203

Bank Innovation

JULY 19, 2018

Fintech partnerships paid off for Fifth Third Bank this quarter. The largest gains came from the bank’s ownership stake in the payment processing company Worldpay, formerly Vantiv. The sale of five million shares of common stock of Worldpay resulted in a $205 million pre-tax gain. of […].

Fintech 199

Fintech Taxes Report Payments 199

PYMNTS

SEPTEMBER 15, 2020

In an interview with Karen Webster, Vilash Poovala , founder and CEO of FinTech Oyster , said online financial platforms, powered by open banking, can serve as alternatives for business banking in a country where business banking seems an afterthought. The world needs a FinTech operating system.”.

System 258

System Operations Fintech Taxes 258

PYMNTS

JANUARY 28, 2020

George Ruan and Ryan Hudson, the co-founders of online coupon service Honey, received a pre-tax haul of $1.5 billion after their company was sold to PayPal, according to a report Tuesday (Jan. The men are from Los Angeles and the company was sold for $4 billion. 28) by Bloomberg.

Online 144

Online Company Los Angeles Taxes 144

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. Changes in terms and conditions would also have to be disclosed to companies affected by those rankings, typically within 15 days. First, the way they do business.

Taxes 122

Taxes United States Community Bank Analytics 122

PYMNTS

NOVEMBER 5, 2018

China is reportedly looking at new regulations that would impact Alibaba and Ant Financial in an effort to boost oversight of financial holding companies. The aim is to have plans made for a supervision plan for financial holding companies by the first half of next year. As a result, regulatory oversight is necessary.

Regulation 128

Regulation Company Taxes Groups 128

PYMNTS

NOVEMBER 23, 2020

Financial technology company Sleek has reportedly netted $4 million in venture funding for its efforts to take on the traditional corporate services industry. Sam Tay , CEO of FinTech Aptiv8 , noted that his company offers an app for foreign workers. Singapore itself has a growing economy, with 1.4

Fintech 151

Fintech Taxes Compliance Capital 151

PYMNTS

APRIL 16, 2018

India’s YES BANK is tapping into tax data to expand small business (SMB) lending. Reports in MENAFN on Friday (April 13) said the company plans to offer loans to micro, small and medium-sized businesses based on their Goods and Services Tax (GST) returns. Singapore, Germany and Hong Kong.

Taxes 108

Taxes Data Lending Analysis 108

PYMNTS

SEPTEMBER 12, 2019

FinTechs could face these same financial pains as regulators increasingly demand that they follow the compliance rules to which FIs must adhere. The People’s Bank of China announced in March that it plans to create rules for regulating and securing the FinTech sector, for example. . A report found that the U.S. imposed a full $23.52

Fraud 189

Fraud Fintech Compliance Regulation 189

PYMNTS

JUNE 9, 2019

Reuters reported Lagarde said that technology companies’ use of big data and AI i ncreases big tech companies’ dominance in the mobile payments market, which could result in policymakers around the world rethinking how they regulate the banking system and how they ensure financial settlements are made safely and securely.

Industry 190

Industry Big Data Fintech Taxes 190

PYMNTS

JUNE 19, 2018

Kenya’s biggest mobile phone operator, Safaricom , is against a proposed tax rise on mobile phone-based cash transfers. But Safaricom’s CFO Sateesh Kamath said the tax hike would only serve to discourage the drive towards modern payments systems. The proposed tax increases also included a new “Robin Hood” tax of 0.05

Taxes 100

Taxes Mobile Maine National 100

PYMNTS

JANUARY 17, 2020

But then again, only two weeks into 2020, mergers and deal-making in payments, specifically within digital payments and FinTech, are sizzling. The biggest one, so far, of course, has been Visa inking a deal to purchase FinTech firm Plaid for $5.3 Separately, in a deal tied to a “blank check” company, Far Point said it had struck a $2.6

Company 132

Company Payments social media United States 132

PYMNTS

APRIL 21, 2020

In today’s top news, millions of dollars from the Paycheck Protection Program (PPP) have not gone to benefit small and medium-sized businesses (SMBs), and the CEO of Grab said the coronavirus is creating major challenges for the delivery company. Plus, the IRS has shelved processing tax refunds to make room for sending stimulus payments.

Company 141

Company Payments Taxes Fraud 141

PYMNTS

MARCH 15, 2019

Some of the largest global financial institutions are taking steps further into Mexico’s small business lending and finance space, the result of heightened competitive pressure imposed by FinTechs and alternative lenders in the market, reports in the Wall Street Journal said Thursday (March 14).

Lending 189

Lending Fintech National Taxes 189

PYMNTS

SEPTEMBER 24, 2019

financial institution Nationwide Building Society has made an investment in open banking FinTech BankiFi , the companies revealed in an announcement Monday (Sept. The company added that increasingly, banks are becoming the go-to source of third-party financial service providers and their products. “We

Fintech 133

Fintech Taxes Lending Strategy 133

CB Insights

MAY 27, 2022

ZenLedger , a provider of crypto tax prep software, has raised $15M in a Series B. q1 2022 brought a -18% decline in quarterly fintech funding. .</p> q1 2022 brought a -18% decline in quarterly fintech funding. The post ZenLedger, a crypto tax prep software company, raises $15M in round backed by AngelList.

Taxes 55

Taxes Software Compliance Company 55

PYMNTS

JANUARY 10, 2020

The Belgian private equity firm said it will focus on the B2B technology segment with its Capital II fund, “including software and hardware companies, or traditional companies that can be digitized by technology, 5G and predictive maintenance,” said Founder Jurgen Ingels in a recent interview with Consultancy.eu.

Fintech 131

Fintech Capital Software Technology 131

PYMNTS

FEBRUARY 20, 2020

This week’s exploration of the latest in bank-FinTech collaborations and data integrations finds an opportunity for accounting portals to drive customer loyalty through data connectivity, while lenders embrace strengthened risk mitigation by looping directly into borrower data. bank sets its data sharing rules for FinTech firms.

Lending 217

Lending Taxes Fintech Data 217

PYMNTS

DECEMBER 12, 2018

That brings the tally of enterprises offering financial services to cannabis companies to 375 banks and 111 credit unions. The upward trajectory, if not embrace, of financial services firms willing to work with cannabis companies comes against a backdrop where states have been legalizing marijuana. The government benefits, too.

Company 170

Company Taxes Compliance Industry 170

The Financial Brand

JANUARY 28, 2024

This article Tough Times Breed Better Companies: Banker-Turned-VC on the New State of Fintech appeared first on The Financial Brand. Embedded banking and embedded fintech show more promise than the industries' current strategies, says veteran Rakefet Russak-Aminoach.

Fintech 34

Fintech Company Branding Strategy 34

PYMNTS

OCTOBER 26, 2018

With only a few million dollars in combined investments, this week certainly wasn’t the most lucrative for B2B FinTech firms, but the variety and global reach of recent SMB FinTech investments offers a bright spot in an otherwise quiet moment for B2B venture capital. South Africa incubator and investor AlphaCode awarded $1.1

Fintech 192

Fintech Capital Tools Management 192

PYMNTS

JULY 18, 2017

India’s Goods and Services Tax (GST) reform has inspired several FinTechs to help SMEs handle the shift, with the latest being Vayana Network, a trade finance company. On Monday (July 17) the company revealed about $4 million in new funding.

Taxes 100

Taxes Leadership Capital Industry 100

PYMNTS

SEPTEMBER 8, 2020

The company is planning to be listed on the Nasdaq later this month. Bloomberg reported that the private placement happened because the company needed a reference point for the upcoming takeover by 8i Enterprises Acquisition Corp. as the companies combine, is to solidify and strengthen their competitive skills, Tech.Eu

Bitcoin 141

Bitcoin Fintech cryptocurrency Software 141

Bobsguide

SEPTEMBER 19, 2022

The growing need to overhaul these systems is what powered GFT’s leap on the 2022 IDC FinTech Rankings. Continued adoption of GFT’s approach to reimagining banks’ current technology with core digital solutions moved the company up 14 spots this year, ranking #35 and earning recognition as a “Fast Track Fintech.”.

Fintech 68

Fintech Taxes Customer Experience Industry 68

PYMNTS

SEPTEMBER 6, 2019

million was placed with B2B FinTechs this week. Yelo, positioned as a neobank in the country, offers consumers a banking solution, but with the latest funding the company said it will look to introduce banking and other financial services for startups and small businesses. France’s Upflow announced a $2.7

Fintech 155

Fintech Capital Lending Operations 155

PYMNTS

AUGUST 16, 2019

With more than $200 million in venture capital funding landing with B2B FinTechs this week, investors had their eyes set on a variety of pain points in corporate finance. Below, PYMNTS breaks down the latest in B2B FinTech funding. based company said it will use its seed funding to propel the company’s expansion.

Fintech 179

Fintech Analytics Capital Lending 179

PYMNTS

FEBRUARY 28, 2020

As B2B FinTech firms continue working to break down silos, and ease the numerous friction points of the B2B payments process for both buyer and seller, the opportunities for data integration are vast. It’s one thing to enable two B2B FinTech platforms — like an accounts payable and accounting platform — to share data with each other.

Taxes 209

Taxes Data Fintech Compliance 209

PYMNTS

APRIL 23, 2019

Bookkeeping is at the core of many essential processes in the back office: tax filing, working capital management and access to financing, to name a few. is on the rise, as companies look to build revenue and boost hiring. Yet, without a solid understanding of underlying data, business owners will struggle to move forward.

Fintech 154

Fintech Taxes Capital Analysis 154

South State Correspondent

MARCH 21, 2023

ERC gave eligible businesses a refundable tax credit of up to 50% of $10,000 for qualified wages paid per employee. The ERC Assist Program SouthState has partnered with SmartBiz, a fintech company, and several known CPAs and ERC processors to assist banks in processing ERC payments for their small business customers.

Taxes 195

Taxes Community Bank Community Operations 195

Perficient

JUNE 30, 2022

Ryan Salame, the co-CEO of FTX, said the campus could serve as a bellwether for similar crypto companies looking to take advantage of the island country’s favorable tax and regulatory frameworks. For example, the Bahamian government is planning on allowing Bahamians to pay their taxes using Sand Dollars. Crypto Conference.

cryptocurrency 472

cryptocurrency Regulation Conference Taxes 472

PYMNTS

AUGUST 27, 2019

The Certified Personal Accountant (CPA) today now has a plethora of FinTech solutions they can use to manage their clients’ money, with the number of digital tools — including cloud accounting portals, cash flow forecasting solutions and intelligent technologies like artificial intelligence (AI) — continuing to rise. Changing CPA Roles.

Fintech 150

Fintech Online Management Cards 150

PYMNTS

FEBRUARY 8, 2019

Growth of FinTech funding seems unstoppable, with the latest analysis from Hampleton Partners finding enterprise financial services and integration, online financial services, enterprise financial software and Software-as-a-Service (SaaS) risk management as some of the hottest spots for investors this year.

Fintech 188

Fintech Capital New York City Analysis 188

PYMNTS

SEPTEMBER 18, 2019

TransferWise, one of Europe’s top five FinTech startups , announced profits for the third fiscal year in a row, with revenue after taxes 66 percent higher than last fiscal year, CNBC reported on Wednesday (Sept. The FinTech unicorn was valued at $3.5 Net profit was £10.3 million pounds ($12.8

Fintech 100

Fintech Capital Taxes Cards 100

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. To celebrate, the company said it raised the interest rates to 2.29 The accounts give customers a higher-than-average, 2.24 percent.

Fintech 151

Fintech California New York ATM 151

PYMNTS

JANUARY 17, 2019

Financial technology services company WEX is going to acquire Discovery Benefits (DBI) , an employee benefits administrator, the company announced on Thursday (Jan. When the two companies combine, DBI, known for its benefits account technology, will get WEX’s cloud-based platform.

Fintech 162

Fintech Taxes Technology Financial Technology 162

PYMNTS

MARCH 2, 2020

The FinTech startup offers free credit scores, credit card applications, loans and savings accounts. As the leader in DIY taxes, TurboTax has been dealing with escalating competition from Credit Karma, which is now a leading financial app among younger customers. Credit Karma started offering a free tax filing service in 2017.

Taxes 130

Taxes Miami Software New York 130

Insights on Business

JANUARY 21, 2020

Shell companies and the hidden threat of entity risk. While not inherently illegal, shell companies have been getting a lot attention recently for the role they play in illegal activity. Besides reducing tax burdens, shell structures are a great mechanism for hiding money laundering and funds from organized crime activities as well.

Company 103

Company Taxes Data Management 103