PYMNTS

AUGUST 13, 2019

Securities and Exchange Commission is reportedly investigating a security breach at First American Financial Corporation that saw the exposure of upwards of 885 million financial records and personal files related to mortgages dating back to 2003. KrebsOnSecurity reported the breach in May.

Data 109

Data Seattle Security Regulation 109

PYMNTS

SEPTEMBER 30, 2019

eCommerce sales tax laws are having unintended consequences in the tobacco industry. These laws were meant to make online sellers face sales tax requirements similar to those for retailers with on-the-ground locations, putting both types of businesses on equal footing. in 2017 had a 52.75

Retail 109

Retail Taxes Virginia South Dakota 109

CFPB Monitor

OCTOBER 20, 2021

A group of 96 organizations and individuals, who describe themselves as consisting of “consumer, labor, civil rights, legal services, faith, community and financial organizations and academics,” have sent a letter to the CFPB urging the Bureau to regulate fee-based earned wage access (EWA) products as credit subject to the Truth in Lending Act.

Regulation 78

Regulation Groups Analysis Lending 78

Banking 2020

NOVEMBER 25, 2015

China has introduced new draft rules that are intended to tighten regulations governing online payments in the country. Balancing usability with security is no easy task and it seems China, like many other countries, is struggling to get it just right. The impact of tougher regulations. A booming market.

Regulation 40

Regulation Online Marketing Payments 40

Abrigo

SEPTEMBER 20, 2023

Given the current economic climate in the United States, it is essential to understand the effect personal financial security has on 1 st -party fraud. Regulators will be expecting this as they examine institutions for FinCEN priority preparedness. The scam here is an inside job, making it inherently more elusive.

Fraud 195

Fraud Trends Cards Software 195

PYMNTS

NOVEMBER 22, 2019

In today’s top payments news, ongoing security concerns have caused the Federal Reserve to take a closer look at the Big Tech firms that serve the banking industry. Security Concerns Prompt Fed To Strengthen Big Tech Oversight. Politicians, as well as privacy advocates, have asked regulators to block the deal. And Former U.S.

South Dakota 101

South Dakota Apple Taxes Cards 101

PYMNTS

MARCH 27, 2020

Under PSD2 regulations, Payment Initiation processes enable an end-user to initiate payment to a seller directly from their bank account rather than relying on a third-party payment provider to facilitate the payment. Each one of these factors provides tangible benefits to businesses.”. Opening The Door To QR Codes. A B2B Opportunity.

Payments 151

Payments Innovation Security Guidelines 151

PYMNTS

JANUARY 24, 2020

Government disbursements can range from child support payments and annual tax returns to pension and retirement fund payouts. The IRS has accepted digitally filed tax documents and issued digital refunds for years, and it received approximately 29 million electronic returns via direct deposit between February 2018 and February 2019.

Payments 130

Payments US Fraud Innovation 130

PYMNTS

MARCH 14, 2018

“The same innovations that power crypto-assets can also help us regulate them,” said Christine Lagarde in an IMF blog post Tuesday, according to CoinDesk reports. Blockchain, on the other hand, has a potential to facilitate data exchange between regulators and relevant parties to combat this threat. In the U.S.,

blockchain 129

blockchain cryptocurrency Regulation Taxes 129

PYMNTS

JULY 5, 2018

Reports are surfacing that, since the European Union’s General Data Protection Regulation took effect on May 25, customers exercising their rights under the law are contacting companies with questions about how their online data is being handled, and to request copies of that data. Breathing Room. Brazil Law?

Regulation 102

Regulation Data Exercises Online 102

PYMNTS

OCTOBER 3, 2019

Helix TCS is developing its Amercanex online marketplace for wholesale cannabis, and integrated into that platform will be Dama Financial’s payment services and other financial tools. Amercanex will give these business owners the opportunity to maintain and grow their business operations online in a secure and legitimate way.”.

Compliance 130

Compliance Industry California Taxes 130

PYMNTS

MAY 16, 2018

Around 20 states have already passed laws or have pending legislation around online gaming and sports wagering. The rest, says Pappano, are going to be scrambling to catch up so they can start to enjoy the potential new tax revenues that legalized gambling can create. Tax revenue is a powerful motivator. Fraud Isn’t A Problem.

Online 100

Online Fraud Industry New Jersey 100

PYMNTS

DECEMBER 15, 2020

Six weeks after securing passage of the Proposition 22 ballot measure that overturned a California law requiring part-time workers to be reclassified as employees, two of its biggest backers have rolled out new fees to offset expenses related to additional worker benefits. Apply the local sales tax and the new total is $48.07.

California 227

California New York Taxes Illinois 227

Abrigo

DECEMBER 18, 2023

Banks and thrifts hold half of all outstanding CRE debt through the second quarter, with insurance companies accounting for 12% and commercial mortgage-backed securities holding 14%, according to Trepp. Retail and multi-family CRE opportunities Similarly, retail CRE has been painted as too risky because of online sellers’ growth.

Risk Management 221

Risk Management Management Lending Capital 221

PYMNTS

DECEMBER 2, 2016

According to its cofounder, Aditya Tulsian, incoming tax regulation changes, along with India’s recent demonetization, mean SMEs are going digital and will need to keep better track of funds. Baoku Online. 1) that it secured $32.2 The company announced a $650,000 funding round led by Kae Capital and Khosla Impact.

Fintech 100

Fintech Capital Lending Taxes 100

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

AUGUST 28, 2019

The Blockchain-as-a-Service (BaaS) model enables organizations to start using Kadena’s blockchain by quickly provisioning it online, significantly reducing the cost and time-to-market associated with the on-premise installation of other blockchain solutions.

Policies 116

Policies National cryptocurrency Bitcoin 116

PYMNTS

JUNE 15, 2018

Financing is done through online and web platforms, with instant access to cash. In the Middle East , RAK Bank has said it will offer Sage accounting software to business banking customers, in an agreement that helps those firms manage value-added tax (VAT) compliance mandates.

Fintech 115

Fintech Compliance Software Taxes 115

PYMNTS

NOVEMBER 7, 2019

Consumers around the world log in to eBay with their Facebook profiles, purchase lunches with Apple Pay and in some cases pay their taxes or register to vote with government-provided digital identities. Balancing the needs for privacy and verification is difficult for any online business lacking a clear-cut solution.

System 131

System Guidelines National Online 131

PYMNTS

MARCH 4, 2019

According to a report in Reuters , citing Finnish broadcaster Yle, which had access to leaked documents, the money came from companies registered in countries with tax havens, including the British Virgin Islands, Panama and Belize.

Virgin Islands 116

Virgin Islands Taxes Regulation Regional 116

PYMNTS

MAY 4, 2016

It was only the explosion of online retail and the widening availability of brand-damaging imitations that spurred action. Could it be a situation of particular irony that something similar might be happening to Western online merchants? percent tax. The storm clouds of protectionist trade policy are mounting.

Taxes 100

Taxes Retail Branding Apple 100

PYMNTS

APRIL 19, 2019

That’s because Strong Customer Authentication (SCA) is on the way in September, but as has been seen with other sweeping changes mandated by regulators and impacting the very way payments are made, lots of folks are not paying attention. That’s important in a world where commerce is increasingly moving online. Retail Sales: Rally 1.6

social media 125

social media Online Regulation Taxes 125

PYMNTS

APRIL 1, 2019

The initial connection between workers and employers is made online, and many gig workers conduct the entirety of their contract online as well, never setting foot inside an office. Companies are also turning to digital marketplaces to tap into workers’ expertise while lowering operating costs. .

Payments 183

Payments Survey Online Company 183

PYMNTS

AUGUST 9, 2019

As the price of bitcoin surged this week, cryptocurrency (namely, Facebook’s Libra) has been under increased scrutiny by regulators. Even if exchanges are done electronically, they are monitored and regulated by central banks. The folks who bought their bitcoin at around $4,000 are feeling pretty smart.

Bitcoin 143

Bitcoin Regulation cryptocurrency Taxes 143

PYMNTS

OCTOBER 23, 2019

Less fully addressed was the fact that among the defectors from the Libra Association are the online marketplaces that would ostensibly underpin commerce done with Libra — including eBay, and payment networks such as Visa and Mastercard. Some representatives expressed concerns over data management and security. The Crime Factor.

cryptocurrency 100

cryptocurrency Payments Regulation Taxes 100

PYMNTS

OCTOBER 23, 2019

Less fully addressed was the fact that among the defectors from the Libra Association are the online marketplaces that would ostensibly underpin commerce done with Libra — including eBay, and payment networks such as Visa and Mastercard. Some representatives expressed concerns over data management and security. The Crime Factor.

cryptocurrency 100

cryptocurrency Regulation Taxes Data 100

PYMNTS

APRIL 1, 2016

The Boston Globe reported that Massachusetts decided Friday (March 25) to establish a set of regulations that would allow Boston-based DraftKings and FanDuel to continue to operate within the state. Although they don’t agree with every 
regulation, they’ve already started to comply and they 
will comply.”.

Massachusetts 100

Massachusetts Boston Regulation Operations 100

PYMNTS

JANUARY 9, 2019

8), Financial Times reported that the country’s Authority of Broadcasting and Electronic Information said Facebook violated Vietnamese law in how it managed online content, advertising and taxes. Citing a briefing in Hanoi, Vietnam on Tuesday (Jan.

social media 108

social media Taxes Compliance Google 108

PYMNTS

MARCH 5, 2019

tax authority, HM Revenue & Customs (HMRC), conducted a week-long investigation into 50 estate agents suspected of trading without being registered. In addition, HMRC implemented a £68,595 fine for online estate agency Tepilo , which shut down in December. According to Financial Times ( FT ), the U.K.

Compliance 134

Compliance Training Taxes National 134

Abrigo

DECEMBER 27, 2022

Business email compromise (BEC): Business email compromise (BEC) is one of the most financially damaging online crimes. The advance payment may be described as a fee, tax, commission, or incidental expense that will be repaid later. After the fraudster receives the fee, the investment transaction is never executed.

Fraud 195

Fraud Trends cryptocurrency Software 195

PYMNTS

SEPTEMBER 13, 2017

While virtual cards (v-cards) can offer a secure and efficient way for businesses to pay travel suppliers, some industry players have highlighted a key pain point for the payment rail: For suppliers accepting v-cards , they still have to manually enter payment data.

Cards 100

Cards Taxes Mobile Payments 100

PYMNTS

JUNE 14, 2018

Business identities can be used to open card accounts, initiate wire transfers or commit tax fraud. And while small businesses are progressing in their digital transformations, the shift of sensitive data from paper to online systems means public business data can be altered relatively easily by criminals.

Fraud 109

Fraud Taxes Resources National 109

PYMNTS

FEBRUARY 25, 2019

The Federal Trade Commission announced it has resolved its investigation of online lender SoFi, following a public comment period. The claims were made in television, print and in online ads. In October the FTC filed a complaint against SoFi contending it made false statements that were prominent about loan refinancing.

Online 100

Online Taxes Report Company 100

PYMNTS

NOVEMBER 7, 2019

Web-connected Brazilians spend a hefty amount of time online, averaging 26 hours per week, and they rank fourth place worldwide for mobile phone penetration. . Brazilian consumers are relatively accessible to global subscription companies, but online payment methods do not always reach them.

Online 100

Online Payments Cards Fraud 100

MyBankTracker

JULY 31, 2020

The typical financial advice is to be “100% invested” — meaning every available dollar you have is invested in a security, fund, or other investment. Cash-equivalent accounts are generally interest-bearing securities that mature in 90 days or less. Money market funds and accounts. Treasury bills. Short-term bonds.

Taxes 52

Taxes Security Marketing FDIC 52

PYMNTS

NOVEMBER 17, 2016

The CFPB is taking a closer look at consumers and the relationship to their financial records — specifically the issues they face in accessing, using, and securely sharing their financial records. The services range from tax help to budgeting advice.

Data 100

Data Security Tools Taxes 100

PYMNTS

OCTOBER 8, 2019

This challenge becomes apparent in the B2B eCommerce and eProcurement arena, and was one Helix TCS, a provider of ancillary services for the legal cannabis sector, faced following the firm’s acquisition of eMarketplace Amercanex International Exchange earlier this year in an effort to build out an online B2B marketplace for the industry.

Compliance 114

Compliance Guidelines Industry Taxes 114