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. Community banks can now white label this same product to onboard and process employee retention tax credits for the bank’s small business customers AND prospects. In 2020, the U.S.

Taxes 195

Taxes Community Bank Community Operations 195

PYMNTS

DECEMBER 13, 2016

Radial is an industry leader in omnichannel commerce technology and operations. With headquarters in King Of Prussia, Pennsylvania, Radial provides major brands and merchants with fraud, payments and tax solutions, as well as a host of other commerce technology solutions. “We The company boasts a 99.7 percent.

Fraud 100

Fraud Virgin Islands Pennsylvania Taxes 100

PYMNTS

NOVEMBER 23, 2018

But those illegal marketplaces — often called the “Dark Web” — also present a juicy opportunity for those fighting fraud to detect and even preempt criminal activities than cost businesses revenue and, often, parts of their brand reputation. As he sees it, “credit card fraud is the slush fund for much worse stuff.”.

Fraud 184

Fraud Cards Data Maine 184

PYMNTS

MARCH 14, 2019

Unfortunately, the report found, recent tax reform in the U.S. tax reform to provide a significant benefit, nearly half said in 2019 that there has been no significant impact on their companies at all. Only 15 percent said tax reform boosted their total income, while 12 percent said financial performance has improved.

Fraud 115

Fraud Survey Taxes Regulation 115

PYMNTS

JULY 14, 2019

Design and Cayenne Technology reportedly created the Online Bid Solution (SOL), which is said to be a technology based on the blockchain. And the operator of BitFunder, a defunct trading platform that was denominated in bitcoin, and WeExchange was sentenced for obstruction of justice as well as securities fraud, CoinDesk reported.

blockchain 140

blockchain Bitcoin Fraud social media 140

PYMNTS

JUNE 21, 2019

Fraud knows no boundaries. Aside from the political implications of such claims, The New Yorker ‘s report pointed to the fraud risks that organizations face, even from the C-Suite. It also highlighted the predicament that organizations face if a C-Suite executive is found committing fraud. In the U.S.,

Fraud 108

Fraud Baltimore cryptocurrency Maryland 108

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

FICO

MARCH 25, 2022

While it may seem like an esoteric topic, explainability in fraud management is important – and it’s especially relevant when it comes to using AI and machine learning in fraud detection and prevention. In other words, a fraud management system isn’t a black box. Effective Fraud Management Requires Explainable Technology.

Fraud 52

Fraud Management System Course 52

PYMNTS

APRIL 14, 2017

While the fraud ecosystem continues to rapidly develop and advance, big data may prove itself to be a strong weapon in combatting fraud. With that thought in mind, DataVisor set off on a mission to utilize harness and analyze that could potentially detect fraud and protect billions of users around the world.

Fraud 112

Fraud Online Big Data Taxes 112

PYMNTS

JULY 23, 2020

GEP , which works in procurement and supply chain strategy, has launched its new accounts payable (AP) solution, which will help automate AP services through cloud technology, artificial intelligence (AI) and machine learning (ML), according to a press release. “GEP’s AP Automation solution is not an upgrade of a legacy system.

User Experience 140

User Experience Fraud Taxes Resources 140

PYMNTS

AUGUST 5, 2019

Fraud comes in many flavors, and a payments-related lawsuit arising from the growing business of legal, recreational marijuana is proof of that point. Technology can help prevent such fraud, particularly that associated with beneficial ownership of company and using shell companies in support of fraudulent activities.

Company 163

Company Payments Fraud Meeting 163

PYMNTS

AUGUST 30, 2019

Today in the payments news roundup, travel technology firm Amadeus is teaming with Visa’s CyberSource to bolster anti-fraud measures for the industry. Trending: Merchants Struggle With The (Un)Certainty Of eCommerce Sales Taxes. Also, Netflix turned 22 on Thursday (Aug. Citi Banks On API Calls To Make Treasury Ops Real Time.

social media 101

social media Payments Fraud Taxes 101

PYMNTS

APRIL 9, 2020

In the latest Disbursements Tracker® , PYMNTS examines the impact of COVID-19 upon disbursements and payments, how businesses and government bodies are responding to the increased need for faster payments and rising fraud and security concerns in this space. Around The Disbursements World. Organizations such as the U.S.

Taxes 178

Taxes Mobile Fraud United States 178

PYMNTS

MARCH 26, 2018

The rise of RegTech is not by chance: There is an undeniable link between regulatory changes and technological innovation, and that link has a profound impact on FinTech and the financial services market. As the risk of noncompliance evolves and grows for corporates, many turn to technology to ensure adherence to complex regulatory demands.

Taxes 102

Taxes Fraud Compliance Regulation 102

PYMNTS

OCTOBER 1, 2020

The process is made secure through the help of forensic security experts alongside advanced banking-grade digital technology. The idea behind the numerous checks is to do everything possible to stop fraud, the release says. The idea behind the numerous checks is to do everything possible to stop fraud, the release says.

Survey 130

Survey Security Taxes Fraud 130

PYMNTS

AUGUST 28, 2019

Kadena’s existing blockchain clients include $3 billion asset manager USCF Investments, healthcare technology company Rymedi, and leading Latin American technology business Alteum, as well as one of the world’s top 100 largest banks, and Fortune 500 companies. “In

Policies 116

Policies National cryptocurrency Bitcoin 116

PYMNTS

OCTOBER 8, 2019

Plaintiffs say that the actions of iFinex was “part fraud, part pump-and-dump and part money-laundering.”. And the Swiss National Bank (SNB) and the Bank for International Settlements (BIS) announced that they have signed an operational agreement on the BIS Innovation Hub Centre in Switzerland.

Bitcoin 181

Bitcoin Taxes cryptocurrency Innovation 181

PYMNTS

JULY 29, 2019

With the transaction now complete, Fiserv is one of the world’s largest payments and financial technology providers. “As We are focused on innovating to enable our clients to better serve their customers and end users so they can succeed in a rapidly changing world.”. He also noted that outside the U.S.,

Data 185

Data Leadership Taxes System 185

PYMNTS

FEBRUARY 21, 2019

For that, thank digital and mobile technologies, and the ability to analyze data in such a way as to find those seemingly small, but meaningful differences in the cost of driving throughout various locations. That’s not so say that everyone involved with mileage reimbursement is a crook (though, of course, mileage fraud does persist).

Taxes 128

Taxes San Francisco New York City Case Study 128

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

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. ” From Onboarding to Compliance. This is where AP automation can push the envelope and introduce additional value to an enterprise.

Taxes 131

Taxes Compliance Payments Data 131

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. However, further reforms are needed.

Regional 108

Regional Taxes System Guidelines 108

PYMNTS

NOVEMBER 4, 2019

This week, three new cases of accused internal fraud emerged, showcasing the variety of ways employees can steal company cash. The ETA warns that cyber fraud threats are hampering small businesses’ growth opportunities. The ETA warns that cyber fraud threats are hampering small businesses’ growth opportunities.

Fraud 101

Fraud Pennsylvania Data Cards 101

Cisco

APRIL 26, 2022

The convergence of mobile, cloud, and IoT technologies continues to create new opportunities for institutions to deliver personalized and contextual financial services. Some familiar examples are receiving banking fraud alerts on mobile devices, submitting photos for insurance adjustments, or using robo-advisors for investment decisions.

Big Data 143

Big Data Data Analytics Examples 143

PYMNTS

OCTOBER 23, 2020

Eynat Guez , co-founder and CEO of cross-border payroll technology company Papaya Global , told PYMNTS about the biggest hurdles in international payroll as working from home persists and employment regulations grow more complex. Despite the many benefits of hiring across borders, a lackluster payroll strategy can yield major headaches. "We

Compliance 143

Compliance Strategy Regulation Taxes 143

PYMNTS

JANUARY 30, 2020

An employee’s accidental use of her corporate card to pay for groceries isn’t a crime, but it does fall under the heading of “ friendly fraud ,” which creates friction for the accounting department. Tax Time, and Time as a Commodity. That’s not unusual for SMBs and paper-based operations, as recent surveys have shown.

Management 130

Management Las Vegas Cards Taxes 130

PYMNTS

MAY 15, 2019

To maximize call centers’ capabilities and efficiency, operators are turning to a host of tools and technologies, including voice recognition and artificial intelligence (AI). One such player turning to voice-recognition technology is Sensory , which recently launched TrulyNatural , a native voice-recognition platform.

Google 183

Google Innovation Security Operations 183

Abrigo

JUNE 9, 2016

Accounting, audit and tax services are unlikely to be the growth engines of the accounting profession in the coming years. Technology is also making it easier to scale new advisory services, such as business valuation. Technology is also making it easier to scale new advisory services, such as business valuation.

Exercises 150

Exercises Taxes Training Risk Management 150

PYMNTS

JUNE 4, 2020

From an instant payment perspective, it has now become much more important to be able to manage the fraud in real time online,” said Tino Kam , head of transaction banking at Finland-based Nordea Bank , in a recent interview with PYMNTS. API security. API security issues are not the financial industry’s only problems, though.

Security 151

Security Fraud Payments Compliance 151

PYMNTS

DECEMBER 9, 2020

The ongoing pandemic poses challenges that have amplified businesses’ need to digitize their payment operations. These benefits can significantly help streamline operations and can even prevent excessive spending. The [pandemic] has brought attention to the need to review expenses.

Cards 155

Cards Management Tools Payments 155

PYMNTS

SEPTEMBER 12, 2019

The latest AMC/KYC Tracker examines current efforts to stop money laundering, fight fraud and improve customer identity authentication in the financial services space. Cloud-based KYC activities were among the new technologies most used by U.S. Smaller companies were less likely to report investing in and using AML technologies.

cryptocurrency 116

cryptocurrency Regulation Compliance blockchain 116

PYMNTS

FEBRUARY 18, 2019

Cryptocurrency has come a long way since bitcoin’s emergence as an unregulated, anonymous payment technology. which the institution plans to deploy in its corporate payments operation. BitRail doesn’t yet operate in the B2B payments space. “Adoption is like water,” he said.

cryptocurrency 175

cryptocurrency Payments blockchain Compliance 175

PYMNTS

JUNE 29, 2020

Wirecard said over the weekend it would continue to operate in all but one of its European locations as the court considers the company’s insolvency request. A number of British FinTech firms have suspended services following the FCA’s restrictions on Wirecard, leaving hundreds of thousands of accounts blocked, the news service reported.

Taxes 223

Taxes Report Financial Technology Digital Banking 223

Abrigo

OCTOBER 25, 2014

Technology provider The Sleeter Group recently surveyed small- and medium-sized businesses about why they left their accountant, and the top reason was because the accountant gave only reactive – rather than proactive -- advice. “When they think of their accountant, they think of taxes,” he says.

Taxes 284

Taxes Study Survey Fraud 284

Abrigo

JUNE 10, 2020

The former Chief Operational Risk Officer was fined for insufficient action on AML program deficiencies and staffing issues. FinCEN encourages technological innovations to help fight money laundering, but technology must be used properly,” the regulator said in a news release announcing the fine against LaFontaine. Learn More.

Resources 195

Resources Regulation Compliance Policies 195

PYMNTS

NOVEMBER 16, 2017

And the team got another crash course in tax compliance after the first year, when a lack of planning left them scrambling at tax season to hunt down information and vendors — some of whom had since gone out of business. It was a nice crash course early on,” Wu said. It just took a while to find the right one. 7 at 12:00 p.m.

Taxes 115

Taxes Compliance Course Payments 115

PYMNTS

NOVEMBER 9, 2016

Many were surprised when Prime Minister of India Narendra Modi announced the discontinuation of 500- and 1000-rupee notes on Tuesday in an attempt to curb fraud, corruption and illegal tax evasion, and illegal cash holdings. billion has been priming technologically for such a transition for awhile now. 10 through Dec.

ATM 143

ATM Mobile National Taxes 143