PYMNTS

OCTOBER 12, 2020

German Finance Minister: More Than 130 Nations Agree to Corporate Tax Framework. The primary aim of any deal would be to make sure that Big Tech firms like Facebook , Google and Amazon were forced to pay their fair share when it comes to tax, according to Scholz. German Finance Minister Olaf Scholz said Friday (Oct.

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Taxes Google social media Regulation 142

PYMNTS

SEPTEMBER 9, 2019

It’s also the start of another football gambling season — one that involves mobile commerce and digital payments, and companies trying to innovate their way to success in this growing field of transactions. More Innovation. Such desire for speed is also helping to drive innovation in other forms of gambling-related payments.

Innovation 137

Innovation Payments Taxes User Experience 137

PYMNTS

SEPTEMBER 8, 2020

The FAA’s role is to ensure that any [drone] operation is performed safely,” the FAA said in a statement to PYMNTS. The FAA supports innovation that is beneficial to the public, especially during a health or weather-related crisis.”. Big Tech Updates Fees to Reflect UK Digital Services Tax. customer charges to cover the new tax.

Taxes 131

Taxes Google Apple social media 131

South State Correspondent

MARCH 21, 2023

This article breaks down how you can use the ERC Assist product to generate deposits in an innovative way. ERC gave eligible businesses a refundable tax credit of up to 50% of $10,000 for qualified wages paid per employee. These professionals have tax knowledge, accounting expertise, and a proven track record. In 2020, the U.S.

Taxes 195

Taxes Community Bank Community Operations 195

PYMNTS

SEPTEMBER 3, 2019

Today in the payments news roundup, transformative innovations in payments and commerce are making the visible, invisible. Why Invisible Will Make 2020’s Payments Innovation Roar. Innovations influenced those choices by changing the path of purchase and payment for consumers.

Innovation 101

Innovation Data Taxes Payments 101

PYMNTS

DECEMBER 7, 2020

Most are encouraging employees to work from home while also moving their back-office operations online, and payments operations are no exception. The benefits of using digital B2B payments solutions extend far beyond their ability to support a decentralized workforce. RLJ Financial On Managing B2B Spend With Virtual Cards.

Management 268

Management Cards Company Innovation 268

Bank Innovation

MARCH 19, 2019

Most [virtual assistants] are chasing reactive customer questions,” Dodelin told Bank Innovation. “We Most virtual assistants are reactive, but Capital One is training its virtual assistant, Eno, to be proactive, according to Ken Dodelin, VP of conversational AI products at the bank.

Training 170

Training Capital Taxes Innovation 170

PYMNTS

MARCH 2, 2020

FinTech innovation has opened the floodgates for a stream of new platforms and products designed to help small businesses and corporates more efficiently manage money and make payments. The acceleration of payments innovation has also added complexity to the ability of an accounting platform to integrate payments functionality directly.

Innovation 141

Innovation Payments Fintech Management 141

South State Correspondent

MARCH 28, 2024

These programs aim, in part, to mobilize the private sector by pairing its capital with public investment to stimulate American manufacturing and infrastructure improvement, creating new jobs plus innovating in industries like clean energy and technology. These acts impact more than 55,000 locations throughout the U.S.

America 195

America Strategy Taxes Community 195

PYMNTS

APRIL 4, 2018

Each edition of the Tracker will highlight the innovations and players that are raising the payment bar to develop more intelligent payment systems and processes. How Smarter Payments are Enabling Instant Tax Refunds. Approximately 15 million tax filers begin the process of getting a refund in January.

Taxes 100

Taxes Report System blockchain 100

PYMNTS

DECEMBER 27, 2019

We have a deep dive into spend management in addition to news involving the Sprint and T-Mobile merger, as well as data on state tax laws. . A ‘Diaper’ By Any Other Tax Code: The Complexities Of Selling Across State Tax Laws. Gov’t Fights States’ Bid To Block Sprint, T-Mobile Merger Saying Move Would Slow 5G.

Taxes 101

Taxes Mobile Management blockchain 101

Bank Innovation

APRIL 5, 2017

The free digital investment advisor, WiseBanyan, is prepping a series of “Premium Packages” for an array of its financial products, Bank Innovation has learned. The first of the packages, Tax Protection, went live today, according to the company’s co-founder Vicki Zhou.

Taxes 207

Taxes Innovation Fintech Operations 207

PYMNTS

SEPTEMBER 6, 2019

Why Invisible Will Make 2020’s Payments Innovation Roar. Two hundred and seventy-four years later, those words are the perfect framework for understanding what will define the next decade of innovation in payments and any ecosystem that touches it. Report: The Risky Business Of Navigating Online Sales Tax For Merchants.

Innovation 116

Innovation Payments Apple United States 116

Abrigo

MAY 22, 2024

Takeaway 2 Several small business lending processes can tax both borrowers and staff. At the same time, 59% pursued credit to meet operating expenses. Each small business has a distinctive business strategy, customer base, and mode of operation —factors that make small business loans harder to monitor than those for large corporations.

Lending 195

Lending St. Louis Community Marketing 195

Abrigo

APRIL 22, 2024

Takeaway 2 Several small business lending processes can tax both borrowers and staff. At the same time, 59% pursued credit to meet operating expenses. Each small business has a distinctive business strategy, customer base, and mode of operation —factors that make small business loans harder to monitor than those for large corporations.

Lending 243

Lending St. Louis Community Marketing 243

PYMNTS

JUNE 20, 2019

In this case of retail innovation, that comes down to a former Snap executive taking on Amazon with the launch of a new eCommerce platform. The company is aiming to compete directly with Amazon , which launched its online Brazilian operations in 2012. The battle for Amazon retail supremacy also involves pets.

Retail 125

Retail Innovation Online Taxes 125

Bank Innovation

APRIL 9, 2018

If there’s one word that describes the abiding value of investment platform Acorns’ innovation strategy, that’s the word, according to its CEO Noah Kerner, who is currently gearing up to launch Acorns Later in the coming weeks.

Innovation Strategies 186

Innovation Strategies Taxes Strategy Innovation 186

PYMNTS

JULY 22, 2019

They grilled execs from Google, Amazon and Facebook over claims of their size and power, which is said to be driving smaller companies out of business, reducing opportunities for new innovators to emerge and tilting the competitive playing field too far in their direction. That’s what teenagers did 34 years ago for fun.

Innovation 170

Innovation US Maine Google 170

PYMNTS

SEPTEMBER 23, 2019

The small business owner is literally doing everything themselves and once they step into the real world of operating a business and managing employees it is a huge amount of complex work,” Hollis told Karen Webster in a recent interview. Or at least, that has been the status quo up until very recently.

Innovation 148

Innovation Tools Operations Management 148

PYMNTS

NOVEMBER 9, 2020

“We continue to improve our company through innovative investment opportunities, which, when combined with our A-rated balance sheet, sets us apart and allows us to redefine the future.”. We have withstood lack of federal and state help, especially in real estate taxes. We have withstood COVID. We have withstood government shutdowns.

Trends 169

Trends Retail Taxes Louisiana 169

South State Correspondent

SEPTEMBER 13, 2023

This is another cash management-altering innovation. Maybe the payer needs a breakout of taxes, or perhaps the payee was only able to ship a partial order. Doesn’t every business want to reduce the operating cost of reconciling their AP and AR positions? Being able to build operating balances is the main driver for most banks.

Payments 221

Payments Fraud Data Taxes 221

Bank Innovation

NOVEMBER 19, 2019

The bank is tapping cloud banking vendor nCino to automatically pull information from tax returns when underwriting commercial loans. According to Jason Shields, vice president and loan operations manager at Gulf […]. Gulf Coast Bank and Trust, a New Orleans-based bank with $1.7

Taxes 199

Taxes Operations Management Technology 199

PYMNTS

MARCH 17, 2020

The DEO “seeks concepts and an operator to program the space to boost innovation and entrepreneurship, demonstrate creative placemaking and feature the Made in Fairfax Network. The law opens up much more territory to these operations, which had only been permitted in areas zoned for industry. and San Francisco. Starting Jan.

Retail 135

Retail Arlington San Francisco Milwaukee 135

PYMNTS

APRIL 19, 2019

payroll processing company Payescape , said this area of the back office may have a larger influence on how accountants operate than some may believe. Payroll and tax-related regulations are also a strategic focus for accountants handling payroll for their customers. However, Steven Jones, business development manager of U.K.

Innovation 154

Innovation Compliance Technology Resources 154

PYMNTS

NOVEMBER 1, 2018

FinTech innovation is often a layered process, taking existing infrastructures and processes, and developing new tools to improve upon them. We’re trying to innovate that because we have a huge opportunity ahead of us.” We’re trying to innovate that because we have a huge opportunity ahead of us.”

Taxes 122

Taxes California Regulation Innovation 122

PYMNTS

SEPTEMBER 23, 2019

The unified rewards and punishment system significantly increases the potential for one violation to snowball across your operations until you have this avalanche of penalties that make it impossible to operate until you solve that one thing,” Kendra Schaefer, head of digital research at Trivium China, told the NYT.

Taxes 177

Taxes New York System Training 177

PYMNTS

JANUARY 23, 2017

WHAT DO HILLBILLIES HAVE TO DO WITH PAYMENTS INNOVATION? As important as that work is, discussing this social and public policy agenda isn’t why I was intrigued by Vance and his book — nor why I asked him to join me on stage on March 15, 2017, at the Innovation Project. In 2015, 50 percent of the tax filers in the U.S.

Innovation 100

Innovation Payments Taxes Policies 100

PYMNTS

FEBRUARY 8, 2019

.” The company added that the closure is part of KPMG’s efforts to refocus on core operations in the U.K., SBA operations. Staff within KPMG’s SBA operations will be redeployed to other areas of KPMG , and existing small business clients will be transitioned to alternative service providers, the spokesperson said.

Taxes 134

Taxes Operations America Tools 134

PYMNTS

JANUARY 27, 2020

The latest Workforce Spend Playbook examines how an increasingly younger workforce is changing employees’ and employers’ approaches to payment and expense spending, as well as the ways manual spending tools could hurt both during tax season and in spend reporting. How Business And Their Workers Can Avoid Frustrating Tax Mistakes.

Management 160

Management Taxes Tools Metro 160

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). Despite these new innovations, call centers continue to face difficulties, and are often targeted by fraudsters.

Google 183

Google Innovation Security Operations 183

PYMNTS

JULY 27, 2020

Open banking certainly has opened up the opportunity to drive innovation by connecting developers with data once locked behind traditional banks’ walls. In a recent conversation with PYMNTS, Pajkovic explored how open banking has, and hasn’t, addressed some of the biggest hurdles innovators need to overcome in order to launch.

Compliance 185

Compliance Fintech Taxes Innovation 185

PYMNTS

FEBRUARY 26, 2020

The bank had to reconfigure its strategy after fourth-quarter results showed a pre-tax loss of £130.8 The BRC Capability and Innovation Fund, which has been handing out capital to challenger banks that focus on small business lending, had promised 30 new locations. The bank no longer plans to open 15 new locations in northern England.

Metro 154

Metro Lending Strategy Taxes 154

PYMNTS

SEPTEMBER 7, 2020

While accounting software can be expensive and complex, especially for small business owners, SMEs that need accounting, tax and payments services find themselves over-paying and juggling multiple providers, which is time-consuming and costly.”. SMEs and microbusinesses,” he said, according to the release.

Taxes 167

Taxes Innovation Software Technology 167

PYMNTS

OCTOBER 8, 2019

Cotten didn’t file personal tax returns for 2014, 2015 or 2017 and his 2016 return didn’t report any income from Quadriga, and Robertson’s tax returns from 2015 and 2016 showed income of less than C$60,000 a year, while in 2017 there was income of less than C$5,000 — but none of it from Quadriga.

Bitcoin 181

Bitcoin Taxes cryptocurrency Innovation 181

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 16, 2020

The payroll industry has undergone an immense amount of FinTech innovation in recent years. This can also mean supporting accounting and payroll reconciliation, or even using payroll information to determine the eligibility of a business for an array of government tax credits.

Data 291

Data Lending Innovation Fintech 291

PYMNTS

JUNE 5, 2019

That experience made him appreciate even more just how difficult it can be to move customers from one payment method to another without real innovation. Engagement, innovation and scale are all vital. The rise of online and mobile (legal) gambling is providing benefits to reloadable and store-value cards, and driving innovation.

Cards 158

Cards Las Vegas Innovation Mobile 158