PYMNTS

APRIL 10, 2020

TurboTax , the online tax preparation service, has said it is launching a free stimulus registration system to help people who don’t need to file a tax return. Approximately 10 million people in the country don’t have to file taxes, and roughly 80 percent can receive a stimulus check. . Trackers and Reports.

Taxes 216

Taxes Tools Payments Los Angeles 216

PYMNTS

FEBRUARY 14, 2020

A section of the IRS website telling people that the online currency from the popular game Fortnite was subject to federal taxes has been removed as of Wednesday (Feb.12). Experts say V-bucks, as well as other, similar game currencies, are a new field that will need to be reported in some way on one’s taxes.

Report 143

Report Taxes Video Bitcoin 143

PYMNTS

JANUARY 24, 2021

Business software maker Cygnet Infotech has updated its FACE ( Financial Accounting Comprehensive and Easy ) accounting software platform, according to a published report. The update to the FACE offering comes 19 months after the offering debuted, the report stated.

Taxes 178

Taxes Compliance Software Fraud 178

PYMNTS

MAY 16, 2019

Death, taxes and data breaches – those are perhaps the only sure things in life, and new evidence is emerging that hackers are finding increasing profit in targeting online retailers. The news comes amid yet another online retail cyberattack, this one targeting Japan’s Fast Retailing, the company that owns the Uniqlo retail chain.

Retail 218

Retail Online Cards Data 218

PYMNTS

SEPTEMBER 24, 2020

The ongoing COVID-19 pandemic and its associated social distancing and stay-at-home orders have pushed untold services online for easier consumer access, with banking serving as a prime example. Fraud Threats To Digital Banking. Identity fraud accounted for $16.9 Leveraging Video-based Onboarding, AI To Prevent Identity Fraud.

Video 205

Video Fraud Digital Banking System 205

PYMNTS

JUNE 14, 2019

Many of the headlines centered on payments fraud have focused on the damage done to smaller suppliers and vendors, especially in the U.K. But beyond the now-familiar conduits of fraud done across email or through fake invoices, some lures have come through ties with cryptocurrencies. Attorney’s office.

Fraud 128

Fraud Payments blockchain cryptocurrency 128

PYMNTS

SEPTEMBER 9, 2019

In the United Kingdom, online marketplace news site Tamebay reported this past week that eBay has allegedly not stopped a scam where fraudsters changed details of sellers’ PayPal addresses and diverted funds into scammers’ accounts. The index can help realize tax revenues of 50,000 crores a year.

Fraud 100

Fraud Taxes Alaska Report 100

PopularBank

DECEMBER 1, 2021

Where first-class mail — things like letters, small packages, bills, and tax documents — took one to three days to be delivered, that timeframe will soon extend to between one and five days. Costs of paying by mail vs. online and mobile banking. Fraud can be analyzed two ways. The first is the likelihood of the fraud occurring.

Online 98

Online Mobile Fraud Boston 98

PYMNTS

JULY 14, 2019

The Brazilian state of Bahia has rolled out a blockchain application to monitor the public bidding process of contracts with the government, Cointelegraph reported. Design and Cayenne Technology reportedly created the Online Bid Solution (SOL), which is said to be a technology based on the blockchain. at the World Bank. ”

blockchain 140

blockchain Bitcoin Fraud social media 140

CB Insights

MAY 18, 2021

The company’s team and technology will be integrated into Stripe Radar, its anti-fraud platform. The application performs a risk assessment when an online or mobile transaction is flagged as high-risk and, with the help of live pictures of the card, either authenticates or rejects it. WHO ARE THE PARTIES TO THE DEAL?

Fraud 74

Fraud Cards California Taxes 74

PYMNTS

MAY 12, 2016

Online merchants know very well that fraud costs them in many ways – in chargebacks, in false positives, in the friction that’s introduced at checkout that can cost a sale. But there’s nothing like putting the cost of fraud into the parlance that merchants know really well: units sold. “hidden costs.”

Fraud 100

Fraud Taxes Online Report 100

PYMNTS

FEBRUARY 21, 2020

Vendors looking to appeal to these corporate buyers’ shopping preferences and expectations must therefore ready online sales channels like merchant websites and B2B marketplaces. trillion by 2020, but new sales channels also invite emerging fraud forms. The Sizable Online Fraud Threat. Detecting Fraudsters.

Customer Experience 152

Customer Experience Fraud Millennials Online 152

PYMNTS

DECEMBER 17, 2020

Fraudsters, according to PYMNTS data, were already enjoying a banner year in 2020 as the world went online and the forces of fraud rapidly followed. But fraud never sleeps, nor does it take holiday vacations or stop looking for creative ways to turn society’s good news into an opportunity for personal gain.

Fraud 210

Fraud Taxes Washington Security 210

FICO

FEBRUARY 25, 2022

Since May 2019, major UK banks have participated in a voluntary code - the Contingent Reimbursement Model (CRM), designed to provide funds back to the victims of authorised push payment fraud or APP fraud. So, what can banks do to prevent APP fraud? Look Out for APP Fraud Signals – Develop the Rules.

Fraud 52

Fraud Payments Taxes Analytics 52

PYMNTS

FEBRUARY 10, 2020

In the fourth quarter of 2019, companies paid on average $84,116 to get their files back from online thieves. Uber reported earnings last week and analysts liked what they saw, but it hasn’t always been such a love fest. Then, analysts reported that startups like Overstock and SmartBargains were grabbing their share.

US 142

US Taxes Millennials Payments 142

Independent Banker

OCTOBER 1, 2022

Financial fraud and cyber attacks aren’t a one-age-fits-all scenario. Community banks can find ways to mitigate age-related fraud through technology, as well as by educating their customers of their particular risks. Reports about fraud losses: Millennials vs. people 40+. By Katie Kuehner-Hebert. Rehman Khan, Travelers.

Fraud 133

Fraud social media Millennials Examples 133

PYMNTS

MAY 19, 2020

He is charged with wire and bank fraud, and making false statements to lenders and the SBA. The department and our law enforcement partners will use all the tools at our disposal to investigate and prosecute frauds against the Paycheck Protection Program.”. We encourage lenders to be very careful, and to report suspicious applications.

Texas 205

Texas Fraud Taxes Security 205

PYMNTS

DECEMBER 16, 2020

Amid the commission caps, and amid the pandemic’s tailwind that has spurred a great digital shift toward food delivery through online channels – might eateries and aggregators be partnering to navigate a post-COVID future? To that end, as reported on Wednesday (Dec. To that end, as reported on Wednesday (Dec. percent and 37.6

National 160

National New York City Policies New Jersey 160

PYMNTS

AUGUST 17, 2020

A cyberattack directed at two dozen Canadian government platforms forced the shutdown of most of its online portals over the weekend. CNN reported Canadian officials detected as many as 300,000 attempted attacks to access accounts. It collects taxes, administers tax law and policy and oversees charities.

Cyber Security 163

Cyber Security Taxes Survey New York 163

PYMNTS

SEPTEMBER 18, 2018

The federal agency said it shut down websites where consumers could buy “fake financial and other documents – such as pay stubs, income tax forms, and medical statements – which can be used to facilitate identity theft, tax fraud, and other crimes,” according to an FTC statement. Simmons was ordered to pay $15,000.

Taxes 134

Taxes Fraud Operations Security 134

PYMNTS

DECEMBER 22, 2020

Italian consumers are embracing a new government program aimed at boosting retail sales while tamping down on tax evasion that allows buyers to receive a 10% refund on card payments made in stores. By offering the incentive, they hope to cut down on black market deals and fraud, according to The Financial Times.

Cards 188

Cards Payments Taxes Study 188

PYMNTS

JUNE 14, 2018

A new report from The National Cybersecurity Society (NCSS) published this week warns that business identity theft is an emerging threat for entrepreneurs and executives. ” report examines how this crime occurs, and what business owners can do to protect themselves and their companies.

Fraud 109

Fraud Taxes Resources National 109

PYMNTS

AUGUST 13, 2018

WeChat , an online messaging service operated by Chinese technology conglomerate Tencent, is looking to enhance its ability to facilitate employee expense reimbursements, and reports said the firm is exploring blockchain as part of the effort. CoinDesk reported Friday (Aug.

blockchain 102

blockchain Management Taxes Tools 102

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. Specifically, the Collisons aimed to more seamlessly connect online businesses and payment processors, allowing more businesses to accept online payments.

Online 98

Online Company Retail Payments 98

PYMNTS

JUNE 2, 2020

is seeking to create supply chain trust with “verifiable tracking of an item through a supply chain using a distributed electronic ledger,” FreightWaves reported. Managing suppliers typically involves manual processes, which makes it difficult to check identities and monitor documents, such as tax certifications. Gartner Inc.,

blockchain 142

blockchain United States Taxes System 142

PYMNTS

JANUARY 24, 2020

Government disbursements can range from child support payments and annual tax returns to pension and retirement fund payouts. Some reports put the cost of cutting, mailing and processing checks at nearly $8 per instance — a hefty price for those required to send out thousands, if not millions, of these payments each year.

Payments 130

Payments US Fraud Innovation 130

PYMNTS

JUNE 16, 2020

The European Union (EU) has launched antitrust investigations into potential violations by Apple of competition laws in its Apple Pay service and App Store, The Wall Street Journal reported. billion) in alleged tax benefits from Apple, to enforce EU rules against illegal state aid. Spotify welcomed the investigation.

Apple 133

Apple eBook Taxes Fraud 133

PYMNTS

SEPTEMBER 16, 2019

The requests come on top of a busy week in antitrust investigations where, as has been widely reported, a group of 50 attorneys general stood on steps of the United States Supreme Court on Monday and announced an investigation into Google’s advertising practices. On the Continent — and Taxes in Sight. GDPR Compliance Lacking.

social media 122

social media Google Taxes Arkansas 122

PYMNTS

APRIL 24, 2020

BleepingComputer.com reports that the Coronavirus Aid, Relief and Economic Security (CARES) Act has triggered the latest round of scams. . Victims who provide their email login information would be put their sensitive information at risk, the report said. Another scam attempts to collect online banking account information.

Taxes 159

Taxes Exercises Security Study 159

PYMNTS

JUNE 13, 2019

As reported earlier in the week, Visa launched B2B Connect , a network focused on enabling financial institutions (FIs) to help their clients make B2B payments across borders. As reported, the launch covers 30 markets globally. Those options span vouchers, eWallets, as well as online and offline banking. Mastercard, Too.

Charlotte 189

Charlotte Payments Taxes Compliance 189

PYMNTS

JUNE 29, 2020

Wealthfront , the online investment service firm, has added checking features to its app. 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.

Fintech 151

Fintech California New York ATM 151

PYMNTS

NOVEMBER 22, 2019

Solomon said, according to reports. Isaacson has watched remote sales tax policies unfold since that time in a flurry of new laws that differ by state, and even municipality. Moving Issuers — And Auth Rates — Past Fraud Prevention To Revenue Protection. What we’ve seen is that fraud has gone mainstream,” Naumann said.

South Dakota 101

South Dakota Apple Taxes Cards 101

PYMNTS

AUGUST 6, 2019

With government agencies working to combat tax evasion and fraud, eInvoice mandates mean a reduced risk of invoice fraud and greater visibility into trade and transactions. on the benefits of an eInvoicing mandate, noting that it would address the nation’s current tax challenges. Additionally, reports on Monday (Aug.

Regional 108

Regional Taxes System Guidelines 108

PYMNTS

NOVEMBER 22, 2017

Account takeover fraud , card-not-present (CNP) fraud, tax fraud, selling stolen financials, selling fake bank accounts, the Dark Web: If security experts are fighting it today, chances are that Brett Johnson was there when it started. The family lived in eastern Kentucky, an area Johnson describes as “fraud central.”

Fraud 120

Fraud Taxes Community Cards 120

PYMNTS

JANUARY 9, 2019

Facebook is facing accusations from Vietnam that the social media giant did not remove content that it said was “slanderous,” reported Financial Times. We are transparent about the content restrictions we make pursuant with local law in our transparency report.”. Citing a briefing in Hanoi, Vietnam on Tuesday (Jan.

social media 108

social media Taxes Compliance Google 108

PYMNTS

JANUARY 8, 2018

Credit Karma said yes to early tax refunds for consumers – for free. Good Tax Lending Karma. Good news for consumers avidly awaiting their tax refund for 2018: Credit Karma Tax is rolling out a new product call Earlybird Advance, an online refund advance service. And that was just Tuesday.

Taxes 105

Taxes Data Louisiana Colorado 105

PYMNTS

OCTOBER 7, 2020

Online retail has exploded in popularity over the past 20 years, with online giants like Amazon, eBay and big-box retailers’ marketplaces becoming consumers’ go-to alternatives to brick-and-mortar merchants. The eCommerce industry is expected to generate $4.5 The eCommerce industry is expected to generate $4.5

Payments 171

Payments Analytics Online Retail 171