PYMNTS

NOVEMBER 2, 2020

Here’s the latest news from Google and the technology industry, which is coming under increasing global scrutiny from regulatory watchdogs, consumers and organizations. UN Committee Indicates Support For Initiative To Tax Big Tech In Developing Nations. streaming company to pay taxes, Techwire Asia reported. Regulation.

Taxes 212

Taxes National Regulation Google 212

PYMNTS

JANUARY 25, 2021

Here’s the latest news from the technology industry, which is coming under increasing global scrutiny from governments and consumers. . Amazon Plans to Raise Fees for Companies in Wake of New Digital Tax in Spain . Sources told the outlet that some Big Tech chief executives were mulling sending legal experts on tax and competition.

Taxes 141

Taxes Google Compliance Apple 141

PYMNTS

SEPTEMBER 4, 2019

Merchants must handle the sales tax compliance obligations of each locale from which they receive money if they want to sell online. The complexities of sales tax compliance affect business decisions by both sellers and marketplaces, according to Ted Hettich, chief sales officer at U.K. Deciphering obligations.

Taxes 131

Taxes Policies Compliance Retail 131

PYMNTS

AUGUST 30, 2019

The only certainties in life, the saying goes, are death and taxes. We’ll underscore the certainty of the latter — taxes — for eCommerce firms and sales taxes , especially. Although taxes may be certain — just how much tax is due, and where, and perhaps even when, are all variables that are far from certain.

Taxes 136

Taxes South Dakota United States Policies 136

PYMNTS

JULY 27, 2020

“There was an amazing opportunity to reduce the tax that every business way paying by standardizing this capability and offering it as a service.” Compliance, he pointed out, is a particularly challenging hurdle to overcome. ” Proliferating Market. . ” Proliferating Market.

Compliance 185

Compliance Fintech Taxes Innovation 185

PYMNTS

JUNE 14, 2017

Tax and accounting compliance can be an overwhelmingly monumental task as companies expand their geographic footprint. Analysts agree that a company should work with partners, advisors and technologies that can help them manage their compliance demand across borders. There are also an “extremely high number” of tax rules.

Compliance 146

Compliance Marketing Taxes Groups 146

PYMNTS

SEPTEMBER 8, 2020

In addition, the legislation would make sellers pay a third of commissions to a dedicated training fund for technology specialists each quarter. Big Tech Updates Fees to Reflect UK Digital Services Tax. Apple announced upcoming tax changes for apps and in-app purchases to include tax law changes in the U.K.

Taxes 131

Taxes Google Apple social media 131

PYMNTS

MAY 6, 2019

The West Virginia State Auditor’ s office has announced a new tax program aimed at vendors who owe the state money. This process is designed to insure the State is not paying vendors who are not paying their taxes. Our office continues to lead the way in utilizing technology to benefit the taxpayers,” McCuskey added. “We

Virginia 108

Virginia Taxes West Virginia Payments 108

FICO

MARCH 6, 2020

Visma Connect recently interviewed Jürgen Krieg, FICO's head of global compliance sales. In this excerpt from that article, Jürgen elaborates on the importance of compliance. . At FICO, I am responsible for planning and implementing growth strategies to develop new markets, and the expansion of our compliance business globally.

Compliance 81

Compliance Technology Fraud Analytics 81

Perficient

DECEMBER 8, 2020

We have expanded upon our success with GCP in the healthcare and life sciences markets, and are excited to announce that we have earned six additional Expertise designations: Application Development, Data Lake Modernization, Competitive Technology, Search, Financial Services, and New Business Channels Using APIs. Competitive Technology.

Google 493

Google Data Technology System 493

PYMNTS

FEBRUARY 12, 2019

Govindacharya have asked lawmakers in India to call leaders of Google and Facebook to the country to ask them about data privacy and their compliance on tax laws, according to a report from Reuters. The group is asking a parliamentary panel on information technology to investigate the tech giants.

Taxes 108

Taxes Google social media Groups 108

PYMNTS

FEBRUARY 1, 2021

Here’s the latest news from the technology industry, which is coming under increasing global scrutiny from governments around the world. French Finance Minister Embraces American Shift on Big Tech Taxes . Former President Donald Trump was against the potential tax plans, contending that they discriminated against U.S.

Taxes 101

Taxes Apple Compliance US 101

PYMNTS

OCTOBER 5, 2020

Here’s the latest news from Google and the technology industry, which is coming under increasing scrutiny from regulatory watchdogs, trade organizations and politicians globally. The European Union is getting ready to make Big Tech provide smaller competitors with their massive collections of customer information. Regulation.

Data 229

Data Google Compliance Apple 229

PYMNTS

DECEMBER 7, 2020

Here’s the latest news from the technology industry, which is coming under increasing scrutiny from governments around the world. Canada Looks to Tax International Tech Firms. A potential “Netflix Tax,” which is forecast to bring in more than $1.2 UK Regulations to Create New Digital Markets Unit.

Apple 143

Apple Regulation Taxes Marketing 143

Abrigo

NOVEMBER 25, 2014

For some accountants, tax and audit services are attractive for the recurring revenue streams and steady client base they provide. CPAs providing tax services, especially, should find that offering valuation services is an attractive way to not only retain those clients but to also generate new revenue from these existing clients.

Taxes 170

Taxes Guidelines Maine Regional 170

PYMNTS

FEBRUARY 1, 2021

Automatically looping information across various financial platforms — including accounts payable (AP), accounts receivable (AR) and expenses — is critical to achieving a real-time view of cash positions and developing more accurate forecasts. Data integration is climbing to the top of chief financial officers' priority lists.

Strategy 247

Strategy Taxes Management Trends 247

PYMNTS

MARCH 4, 2020

Enterprise cloud migrations have opened up the ability for smaller businesses to adopt ERP technology once reserved for the largest corporates. At the same time, a surge in third-party financial platforms has disrupted the flow of data into the ERP, disbursing information throughout the back office. Modernizing the ERP.

Data 260

Data Taxes Analytics Resources 260

PYMNTS

APRIL 3, 2020

Accounts payable (AP) automation technology presents an obvious benefit to companies of all sizes and industries to boost efficiency and strategize vendor payments. “Each bank has a different way of presenting information back to you,” he explained. ” From Onboarding to Compliance. .

Taxes 131

Taxes Compliance Payments Data 131

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

SEPTEMBER 12, 2019

Financial services providers that slack on regulatory compliance and fail to safeguard their operations against money laundering, terrorist financing and other criminal activities may face damaged reputations and significant fines. A report found that the U.S. imposed a full $23.52 billion and the Middle East levied $9.5 million. .

Fraud 189

Fraud Fintech Compliance Regulation 189

PYMNTS

SEPTEMBER 17, 2020

According to Woods, organizations and their finance teams must be strategic about how they reduce their reliance on physical paper and invest in the technologies that can optimize document management without adding any extra pain. Technology Plays Catch-Up. A (Digital) Document Deluge. Take the electronic invoice, for example. "I

Compliance 157

Compliance Taxes Industry Data 157

PYMNTS

SEPTEMBER 5, 2019

Governments rely on tax revenues to fuel the vital services they provide to residents and businesses – from firefighting and public education to water system repair and road maintenance. Retail sales taxes have long been key sources of state governments’ budgets and have been their greatest single stream of revenue since the mid-1900s. .

South Dakota 116

South Dakota Taxes Policies North Dakota 116

PYMNTS

FEBRUARY 25, 2020

“After some time, I understood the challenges are greater than I thought,” Amit recalled, highlighting regulatory compliance as a particularly lofty, and unexpected, burden of facilitating cross-border B2B payments. Finding the Sweet Spots. These businesses have to work with half a dozen banks around the world to transfer money,” he said.

Compliance 184

Compliance Taxes Fintech Resources 184

PYMNTS

SEPTEMBER 20, 2020

If the European Union (EU) gets its way, the 27-nation bloc will have the power to split or force the sale of giant technology companies that threaten smaller rivals and their customers. If approved, the new EU legislation would increase Brussels’ powers to track how these firms gather information on users.

Compliance 175

Compliance Regulation System Taxes 175

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. Things have come far enough [technologically] that carriers can offer a payment portal online, which is something that many of them do today.”.

Taxes 101

Taxes Payments social media Policies 101

Abrigo

JULY 20, 2017

AAR is the global leader for online news, product and innovation information on risk, compliance, and trading. The annual report features Sageworks as a credit risk software vendor alongside global technology and financial leaders SAS and UBS Delta. Electronic Tax Return Reader (ETRR). Electronic Tax Return Reader (ETRR).

Software 150

Software Report United States Compliance 150

Insights on Business

MARCH 18, 2019

Not just a limited scheme, between 2006 and 2013 it facilitated fake trade deals, reinsurance fraud, tax evasion, hidden investments, a fuel pricing fraud scheme at Sheremetyevo Airport—and much more. But perhaps twenty banks were involved – and many of the organizations involved as counterparties will have had compliance programs in place.

Taxes 156

Taxes Compliance Fraud Maine 156

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

OCTOBER 9, 2019

Ransom is demanded in bitcoin, upon threat of releasing damaging information to family, friends, and co-workers. As the operator of the Swiss financial market infrastructure, we welcome the initiative of the SNB and the BIS to conduct more research into innovative financial technologies in Switzerland. percent rate. percent rate.

Bitcoin 116

Bitcoin San Francisco Taxes Compliance 116

PYMNTS

MAY 6, 2020

Sage has seen the uptick in people working from home and wanted to work on a way to make dealings in payroll and accounting more precise, as “providing the right information at the right time has never been so important,” the announcement noted.

Taxes 141

Taxes Compliance Management Tools 141

Abrigo

FEBRUARY 5, 2021

In a letter, the AICPA cited an example that, in many instances, small business owners applying for PPP loans were being incorrectly informed they had a criminal record. It also said it was providing more information to local and district SBA staff on the review and resolution processes. That issue was resolved. mail, Craig said.

Fraud 195

Fraud Lending Taxes Regulation 195

PYMNTS

JUNE 18, 2019

The France-based company secured the funding from Eurazeo and Bpifrance , which are backing PayFit’s payroll and human resource management technology services designed for multiple European countries’ particular labor laws. Its Software-as-a-Service offering automates pay slip generation, emailing workers when their pay stubs are ready.

Taxes 115

Taxes Resources Security Technology 115

Abrigo

SEPTEMBER 20, 2023

Join Abrigo for a webinar discussing risk assessments' role in compliance. And those same economic factors might lead financial institutions to curtail vital investments like anti-fraud technologies, making themselves more vulnerable. Effective KYC starts with identifying the typical demographic associated with 1st-party fraud.

Fraud 195

Fraud Trends Cards Software 195

Abrigo

FEBRUARY 23, 2023

Takeaway 3 With effective technology, the bank can continue to grow its portfolio without necessarily adding staff. Technology through a trusted partner that automates those and other tasks frees up staff “for what you’re really paying for, and that’s business development,” Kirby noted. “I Check out our 1071 compliance resources.

Community Bank 195

Community Bank Kansas City Community Lending 195

PYMNTS

NOVEMBER 2, 2018

Payroll technology firm ADP is strengthening its integration into Intuit ‘s QuickBooks platform, the company said Thursday (Nov. That deal sees employees able to access their wages more quickly, with Ingo providing push payment technology for workers to use their mobile phones to cash checks or load funds to ADP payroll cards.

Taxes 156

Taxes Resources Compliance Data 156

PYMNTS

JANUARY 2, 2020

The fine for non-compliance is going to be ?5,000 5,000 a day, and the new rule was brought forward through the Income Tax Rules of 2019, with the idea of boosting more digital transactions as well as supporting NPCI, which is a not for profit organization. RuPay is a payment network offered by National Payments Corp.

Cards 130

Cards blockchain Retail Cyber Security 130

PYMNTS

DECEMBER 14, 2020

Here’s the latest news from the technology industry, which is coming under increasing scrutiny from governments around the world. We stand by our record of providing upfront information and clear controls, strong internal data governance, secure infrastructure, and above all, helpful products.”.

Google 132

Google social media Compliance Regulation 132