PYMNTS

OCTOBER 1, 2018

One-quarter of small businesses continue to record financial data on paper instead of keeping digital records, according to a new survey by Clutch, a B2B ratings and reviews firm, and the tactic is exposing these companies to security risks. A press release from Clutch on Monday (Oct. In most cases, the law is going to favor the employee.”.

Security 108

Security Survey Software Resources 108

PYMNTS

APRIL 4, 2018

The rise of new technology has dramatically altered the traditional nature of payments, allowing gig workers and full-time workers faster access to their earnings while enabling businesses and banks to move funds more quickly across international borders. How Smarter Payments are Enabling Instant Tax Refunds.

Taxes 100

Taxes Report System blockchain 100

PYMNTS

JUNE 4, 2020

Ensuring such payments are secure from bad actors is a priority for the banks that process them. These transactions are not without security risks, they added, meaning banks must be on the lookout for fraudsters seeking to intercept B2B payments. API security. Benefits Of APIs . Future of APIs .

Security 151

Security Fraud Payments Compliance 151

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.

Taxes 101

Taxes Mobile Management blockchain 101

PYMNTS

DECEMBER 10, 2020

the ability to send secure funds to 12 countries in Africa for a reduced fee, while Volante Technologies Inc. Plus, HM Treasury is seeking input on the challenges that the sharing economy brings for value-added tax (VAT). and Europe the ability to send secure funds to 12 nations in Africa for a reduced charge.

Payments 178

Payments Google Technology Taxes 178

PYMNTS

OCTOBER 1, 2020

The process is made secure through the help of forensic security experts alongside advanced banking-grade digital technology. Multiple layers of security are involved on the user's side, including scanning one's ID and taking a selfie. Verify more quickly, a press release says. Since March, over 1 million GOV.UK

Survey 130

Survey Security Taxes Fraud 130

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

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). Voice recognition is fast gaining popularity in the call center space as providers work to up their security defenses.

Google 183

Google Innovation Security Operations 183

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

FEBRUARY 1, 2021

In a recent conversation with PYMNTS, he discussed how various trends in how employees wish to get paid and how employers manage those payouts are driving more organizations to digitize payroll operations, with payroll data an increasingly valuable asset for CFOs. The Value Of Integration. Cash Flow Implications.

Strategy 247

Strategy Taxes Management Trends 247

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 22, 2020

million in funding, the startup is on track to bring a unique blend of artificial intelligence (AI) and anti-theft technology to market. The company’s second product addresses the main concern with cashierless technology, which is shrinkage. It supports all types of pricing, promotions and tax rules. But with a recent $7.6

Retail 212

Retail Mobile Maine Technology 212

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

AUGUST 16, 2019

Small business finserv was a popular target this week, with startups securing funding for their SMB banking, lending and accounting tools. Meanwhile, logistics, data analytics, and business travel technologies also won over investors. Below, PYMNTS breaks down the latest in B2B FinTech funding. ScaleFactor.

Fintech 179

Fintech Analytics Capital Lending 179

Abrigo

JULY 20, 2017

The 10th annual report features 60 leading risk software vendors and consultants from around the world and across various industries based on categories such as credit risk, governance, risk and compliance (GRC), and IT security/cyber risk, to name a few. Electronic Tax Return Reader (ETRR). ALLL – Allowance for loan and lease losses.

Software 150

Software Report United States Compliance 150

Abrigo

JANUARY 6, 2017

Ellison-Taylor, chairman of the AICPA , recently noted that technology tops her list of the most important trends shaping 2017 because it will drive so many of the profession’s opportunities and challenges in the year ahead. But how are accountants supposed to keep up with all of the technological trends ?

Trends 218

Trends blockchain Taxes Survey 218

PYMNTS

OCTOBER 13, 2019

According to The Financial Times , a source familiar with the matter revealed that the company has hired JPMorgan to raise $500 million in new equity from investors, as well as secure a $1 billion convertible loan. In fact, it recently reported a pre-tax loss of £33 million for 2018, which is double the amount of the previous year.

Taxes 163

Taxes Fintech Branding Regional 163

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

SEPTEMBER 12, 2019

Financial services providers that slack on regulatory compliance and fail to safeguard their operations against money laundering, terrorist financing and other criminal activities may face damaged reputations and significant fines. Financial Companies’ Security And Regulatory Obligations .

Fraud 189

Fraud Fintech Compliance Regulation 189

Bobsguide

SEPTEMBER 5, 2022

So how can financial services operators build trust in this digital age? One approach is to ensure technology is being utilised to automate simple tasks, allowing bank staff to take on new more complex responsibilities. This means they can make payments, such as pay a utility bill or tax, using these workstations.

Video 97

Video Digital Strategies Digital Banking Security 97

PYMNTS

JULY 10, 2020

The winning organizations will be those that leverage modern technology to become smarter in how they operate.”. adults have no emergency savings, according to Bankrate’s latest Financial Security Index. The winning organizations will be those that leverage modern technology to become smarter in how they operate.

Meeting 143

Meeting Taxes System Security 143

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. Their goal is to move beyond tax-related services to deliver a holistic financial services platform to small businesses and their employees, inclusive of banking services.

Big Data 148

Big Data Data Analytics Examples 148

PYMNTS

SEPTEMBER 27, 2019

This week, two massive deals landed with B2B payments innovators at Fundbox and Tipalti, but they were far from the only players to have secured new funding. BankiFi operates APIs to enable banking clients access to a range of business banking infrastructure to augment their own small business and corporate banking operations.

Payments 149

Payments Capital Taxes Lending 149

Bobsguide

JUNE 3, 2022

The new Banca Carige smart branches operate in parallel with the traditional network and utilise greater automation and innovative digital banking capabilities enabled by Auriga’s #NextGenBranch solutions. The latter allows customers to carry out all the operations of traditional branches and to receive assistance from remote operators.

Video 78

Video Customer Experience Operations Digital Banking 78

PYMNTS

SEPTEMBER 17, 2020

Whether that's a lack of security if a piece of paper falls into the wrong hands, or simply the pain of having to manually store a document or capture its data, paper is far from the most efficient way to do business. Technology Plays Catch-Up. Physical documents introduce a trove of friction points for the enterprise.

Compliance 157

Compliance Taxes Industry Data 157

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. A Payments Balancing Act. For LockerDome, Lewis explained that one of the most glaring areas of inefficiencies in AP processes is the supplier payment itself.

Taxes 131

Taxes Compliance Payments Data 131

PYMNTS

SEPTEMBER 7, 2016

So goes the recent heated discourse on Go-Ahead , which owns Southern rail operator Govia Thameslink Railway and which has reported a 27 percent increase in profits, reaching £100 million. The pilot will run in 2017 with an aim to secure a nationwide rollout of the technology in 2018. rail system?

Training 100

Training Operations System Mobile 100

PYMNTS

MARCH 15, 2019

The publication pointed to Goldman Sachs as the latest FI giant to grow operations in Mexico, after it provided a $100 million credit facility to Credijusto, a FinTech startup that makes three-year loans to small businesses. Bank credit most often goes to larger corporations or to consumers for home lending. ”

Lending 189

Lending Fintech National Taxes 189

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

JULY 26, 2020

Avanti Financial Group said in a press release that it has received permission from the Wyoming Division of Banking to begin operating in the state as a bank as early as October and plans to offer a real-time settlement solution for corporate treasurers. The new banking options are largely built around blockchain technologies.

Wyoming 153

Wyoming cryptocurrency Regulation blockchain 153

PYMNTS

NOVEMBER 9, 2017

One small business owner, factory operator Vinod Gupta, told CNN Money “it’s been a terrible year.”. CNN Money noted, however, that SMBs were recently hit again through India’s tax reform process, which has also caused challenges for small business owners working to adapt and comply.

Taxes 100

Taxes Maine National Tools 100

PYMNTS

NOVEMBER 13, 2020

Osome connects small and medium-sized businesses to a digital business assistant app to automate accounting, payroll and tax compliance workflows. The company secured the funding from an unnamed angel investor, reports said. and Hong Kong. The company's seed funding is the largest-ever seen in the country and was led by Target Global.

Capital 229

Capital Cards Fintech Payments 229

PYMNTS

JULY 27, 2018

intelligence experts are warning of the risks of major cyberattacks on the technology operating throughout businesses’ supply chains, according to BBC reports Thursday (July 26), raising alarms for enterprises that increasingly rely on software to function and interact with their business partners. A report by the U.S.

Community 104

Community US Software National 104

PYMNTS

APRIL 23, 2019

Bookkeeping is at the core of many essential processes in the back office: tax filing, working capital management and access to financing, to name a few. The firm secured $1.8 Indeed, integrating various apps and platforms was cited as the largest focus of technology investments for small businesses recently surveyed by CompTIA.

Fintech 154

Fintech Taxes Capital Analysis 154

PYMNTS

FEBRUARY 24, 2017

As such, there will likely always be some form of a well-manicured security system in place. Blockchain technology keeps a high level of detail in its records of all financial transactions made. The hope here is that this type of technology will lessen the chances of the distribution of misinformation or manipulated information.

blockchain 184

blockchain Industry Technology Security 184

PYMNTS

SEPTEMBER 27, 2019

House Committee on Financial Services Task Force on Financial Technology held a hearing to talk about the FedNow development and its U.S. Uber Turns App Into ‘Everyday Operating System’. House Committee on Financial Services Task Force on Financial Technology held a hearing to talk about the development of FedNow and its U.S.

Data 122

Data North Carolina Kansas City Payments 122

PYMNTS

JANUARY 21, 2020

After a ruling by a location regulator that the firm wasn’t fairly engaged in competition, Uber Technologies Inc. Uber has come across strong resistance from taxi drivers after selecting Bogota as its inaugural South American operation in 2013. Colombia stayed behind.”.

Regulation 130

Regulation Taxes America Policies 130