PYMNTS

SEPTEMBER 5, 2017

With a growing number of automated machines performing jobs and tasks that could eliminate jobs, one San Francisco official is pushing a statewide “tax” in California on robots that put people out of work. And even Bill Gates suggested earlier this year that a robot tax could slow down automation and give people time to prepare.

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San Francisco Taxes San Jose United States 108

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

APRIL 4, 2018

In their place has risen a new system of exchanging funds that have made payments faster, more efficient, more secure and, above all, smarter. They often use APIs, include heightened security measures, are flexible and capable of finding the most appropriate payment rails, and use models that maximize the payment value.

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Taxes Report System blockchain 100

PYMNTS

MARCH 1, 2018

75 percent | Portion of payments budgets that top-performing businesses allocate toward innovation projects, according to the most recent PYMNTS Innovation Readiness Playbook , an i2C collaboration. The Indian program provides individuals with a 12-digit ID code based on location and biometric data.

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PYMNTS

SEPTEMBER 8, 2020

Should I leverage the online capabilities?’ — taxes that budget,” Gauthier said. Research can even quantify the value of trust to merchants, Gauthier said, noting Amazon research has found that across consumer demographics, security and trust tend to hold more value than either pricing or selection.

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Innovation Retail Millennials Tools 223

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. . Uber was ordered to stop securing business in Colombia via its popular ride-hailing app. A ‘Diaper’ By Any Other Tax Code: The Complexities Of Selling Across State Tax Laws.

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Taxes Mobile Management blockchain 101

PYMNTS

MAY 10, 2019

The Information Commissioner’s Office (ICO) conducted the investigation after receiving the complaint, and found that the tax office collected the data illegally. Innovative digital services help make our lives easier, but it must not be at the expense of people’s fundamental right to privacy,” said Deputy Commissioner Steve Wood.

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PYMNTS

JANUARY 16, 2019

The CBA pilots, as reported by CoinDesk and other sites, were tied to the issuance of letters of credit and securities. The CBA said it will look to include smaller and mid-sized banks on the platform, with eventual additions of tax agencies and customs activities to the platform. IoT Gains Traction With Blockchain.

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blockchain Taxes Security Survey 206

South State Correspondent

APRIL 4, 2024

The relationship between federal deficits and interest rates may depend on many complex factors, such as: whether tax rate changes, money supply changes, government spending changes, or political and economic stability worldwide accompany the deficits.

Risk Management 195

Risk Management Community Bank Policies Community 195

PYMNTS

JANUARY 21, 2021

The filing process only takes about 45 days, but Sberbank is also still debating how Sbercoin will be taxed, according to Cointelegraph, citing news agency Interfax. Russia’s Sberbank could roll out its stablecoin as early as this spring after filing with the Bank of Russia to launch a blockchain platform, Cointelegraph reported.

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Nebraska Bitcoin cryptocurrency blockchain 142

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. Earlier this month Ireland-based Immedis secured $28.2 while Gusto , another U.S.

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Taxes Resources Security Technology 115

Bank Innovation

SEPTEMBER 10, 2019

Credijusto, a Mexican small business lender, is using data points like tax and invoice information to reach small businesses typically out of reach of large banks.

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Taxes Security Data Innovation Strategies 170

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. “A

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Industry Big Data Fintech Taxes 190

PYMNTS

APRIL 19, 2019

That’s particularly true when it comes to compliance and data security. Payroll and tax-related regulations are also a strategic focus for accountants handling payroll for their customers. The EU’s General Data Protection Regulation (GDPR) is a prime example, said Jones. In the U.K.,

Innovation 154

Innovation Compliance Technology Resources 154

PYMNTS

JANUARY 22, 2020

Fifty-one percent of United States consumers stated in the most recent PYMNTS Disbursements Satisfaction Report that they would prefer to receive tax refunds, child support payments and other government payments through instant payout methods. The state of Illinois is still considering digital disbursements, though innovation remains slow.

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Idaho Illinois Innovation Tennessee 130

PYMNTS

JANUARY 24, 2020

Government disbursements can range from child support payments and annual tax returns to pension and retirement fund payouts. Payment Challenges Stall Government Innovations . All parties involved in sending or receiving disbursements must be able to easily share payment data to speed payouts to residents and ensure security.

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Payments US Fraud Innovation 130

PYMNTS

MAY 15, 2019

In the May Call Center Commerce Tracker , PYMNTS explores the latest developments in the call center space, including technological innovations, security concerns, and partnerships between call center operators and providers. Developments from Around the Call Center World.

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Google Innovation Security Operations 183

PYMNTS

NOVEMBER 16, 2020

Fraudsters are deploying numerous methods to perpetrate this fraud, including authorized push payment (APP) schemes and account takeovers (ATOs), but these methods all have one thing in common, according to Megan Kakani , vice president of product and innovation at KeyBank. There's a sense of urgency both for individuals and businesses.

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Fraud Security Strategy Digital Banking 182

PYMNTS

JANUARY 23, 2020

Local and state government agencies tend to approach innovation slowly and methodically, but careful vetting and execution have drawbacks for disbursement developments. The same is true for business entities on other tax programs. We issue checks when a citizen doesn’t designate direct deposit and provide account information.

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Oregon Tennessee Texas US 131

PYMNTS

JANUARY 7, 2021

GO2bank is built to be the go-to destination for seamless, affordable, useful banking — combining the security, stability and experience of an FDIC-insured bank with the innovation and agility of a leading FinTech,” Green Dot Corp. CEO Dan Henry said in a press release. Stimulus Checks Pose Issues For H&R Block, TurboTax .

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California FDIC Regional Taxes 142

PYMNTS

SEPTEMBER 16, 2020

In its announcement , Payoneer said 10 banks and eWallets across 10 countries have signed onto the program, which focuses on transaction security and lowering costs for FIs to provide global payment services integrated into the banking platform already in-use. "By Eedenbul Secures PSD2 License. Faster Payments and BACS schemes.

Taxes 141

Taxes Fintech Payments Security 141

PYMNTS

JANUARY 14, 2019

UnionPay International CEO Cai Jianbo said his company is developing payment services for the future of the industry, and that the UPI Developer is meant to help partners’ demand for more innovation. UnionPay International has been releasing these products outside of China, in 43 countries and regions away from the mainland.

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Innovation Mobile Taxes Regional 128

PYMNTS

DECEMBER 27, 2020

Securities and Exchange Commission approved a plan by the New York Stock Exchange to approve “direct” listings by companies, which let companies come to market without the underwriters (typically) large banks that charge hefty fees to bring the deals to the Street and reach institutional and retail investors. Earlier in the month, the U.S.

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New York US Examples Training 270

PYMNTS

OCTOBER 28, 2019

Starting next month, customers that have a current account or credit card with 20 of the major high-street and challenger banks will be able to connect their accounts to Coconut to utilize its automated bookkeeping and tax tools. There are over 5 million self-employed people in the U.K.,

Taxes 101

Taxes Tools Cards Innovation 101

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. Europe is an epicenter for both regulatory shifts and FinTech innovation. Tax fraud is a massive threat of corporates.

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Taxes Fraud Compliance Regulation 102

PYMNTS

MARCH 13, 2020

At base, every government agency wants three simple things when it comes to disbursements: increased efficiency, transparency and security. The main challenge in innovating public payments in the U.S. We’ve known for more than 10 years that there are issues with mailing checks, which is why we’ve seen over 4.5 A Patchwork Project .

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Payments Idaho Oregon Innovation 188

PYMNTS

MARCH 27, 2020

While open banking FinTech innovation has initially focused on opening up bank account data to third party platforms, there is another component to the initiative with major implications for the payments landscape. QR codes [are] an excellent example of the innovation we will see on the back of Payments Initiation. A B2B Opportunity.

Payments 151

Payments Innovation Security Guidelines 151

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.

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Taxes Fraud Operations Security 134

PYMNTS

FEBRUARY 4, 2019

s Big Four auditing firms, will “rapidly develop its innovative solution” to deliver unlimited scalability, cell-level data security and performance. PwC’s use of Koverse is a perfect application of our scalable, secure and high-performing technology.”. By integrating with Koverse’s platform, PwC, which is one of the U.K.’s

Analytics 101

Analytics Innovation Data Taxes 101

Abrigo

JULY 20, 2017

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

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Software Report United States Compliance 150

Abrigo

MARCH 3, 2023

Fraudsters will steal personal checks, business checks, tax refund checks, and checks related to government assistance programs. Introduction Check fraud is alive and well As we think about the evolution of banking and the innovative ways to move money, writing checks does not come to mind as a frequent transfer method.

Fraud 195

Fraud United States Trends Software 195

PYMNTS

OCTOBER 18, 2019

dollar-backed digital currencies for the payment of government taxes, fees and services. We know that embracing new technology is necessary for the future growth of our economy, and so, in Bermuda, we are making sure that we are leading the world in facilitating innovation. “We In other news, Bermuda will now accept one-to-one U.S.

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blockchain Samsung Bitcoin Innovation 101

PYMNTS

DECEMBER 3, 2018

To get around that, Mastercard and Microsoft have developed a secure, instant way to verify an individual’s identity with whomever they want, whenever they want. What’s more, the companies argued, people are being subjected to more complexity in proving their identity and managing that data.

Taxes 184

Taxes Online Data Management 184

PYMNTS

MARCH 9, 2020

By teaming up with ezbob, we’ll be able to help our customers secure the finance they need in a matter of minutes, giving them the edge in today’s competitive market.”. The bank had to rework its strategy after results in Q4 showed a pre-tax loss of £130.8 The bank no longer plans to open 15 new locations in northern England.

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Metro Lending Strategy Capital 142

PYMNTS

JANUARY 4, 2019

These were OYO Rooms, a hospitality company, which raised $1 billion in September, and food delivery company Swiggy , which also secured a cool billion. Part of the problem is a law in India stating that about a third of the money raised from angel investors must be paid as tax.

Company 162

Company Taxes Innovation Capital 162

PYMNTS

SEPTEMBER 17, 2019

Square Launches SMB Tax ID Tool. Its purpose is to simplify the challenging EIN acquisition process to create a separate tax infrastructure for the business. One firm’s use of virtual and purchasing cards, however, enables it to make secure as well as efficient payments across a network of thousands of subcontractors and suppliers.

Payments 100

Payments Taxes Regulation Tools 100

PYMNTS

JULY 10, 2020

adults have no emergency savings, according to Bankrate’s latest Financial Security Index. This is why we introduced Dayforce Wallet, an industry-first pay solution that leverages the Dayforce platform’s unique continuous calculation capabilities to enable on-demand payroll that accounts for the appropriate taxes, deductions and garnishments.

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Meeting Taxes System Security 143