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China and India lead global cashless growth

Banking 2020

For the last few years, developed countries around the world have been witnessing an unrelenting march away from cash, as consumers take advantage of new technologies such as fast payments, contactless and mobile to complete transactions without resorting to notes and coins. percent for Europe for 2012-13 – up from 3.6

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Fenergo Adds Enhanced Rules, Remediation to its CRS Compliance Solution

Fintech Labs Insights

Client Lifecycle Management solution provider Fenergo is boosting the capabilities of its Tax Compliance suite. The enhanced version of the company’s CRS Compliance Solution is geared toward improving tax regulation compliance through improvements to the Three Rs: Rules, Remediation, and Reporting.

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Stripe Teardown: How The $35B Payments Company Plans To Supercharge Online Retail

CB Insights

‘PayFac’ technology simplifies underwriting and onboarding. ‘PayFac’ technology simplifies underwriting and onboarding merchants. In 2012, Stripe introduced Stripe Connect to allow businesses and individual sellers on online marketplaces to get paid via Stripe. TABLE OF CONTENTS. Focus on developers.

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Big Tech Compliance Tracker: France Fines Amazon And Google $164 Million; Australia Warns Facebook And Google To Pay News Firms 

PYMNTS

Here’s the latest news from the technology industry, which is coming under increasing scrutiny from governments around the world. France Hits Amazon, Google With $164 Million in Penalties for Alleged Cookie Violations. Ireland Unveils Supplements to New Proposed Digital Safety Law.

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Killing The I-Bank: The Disruption Of Investment Banking

CB Insights

At the same time, financial upstarts have built technologies that could eventually cut into the relationship-driven work that investment banks are used to doing. But there’s no question that the way these institutions function has shifted, pushed along especially by the financial crisis and technology trends. Table of contents.

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How Masabi Makes Public Transit Ticketing Mobile

PYMNTS

According to Jonathan Donovan, chief product officer at mobile ticketing and payment technology provider Masabi , one only needs to fish out a cell phone to put these troubles to rest. In 2012, we moved beyond the U.K. That’s really the benefit our solution and our platform offers.

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JPMorgan Business Report: Positive On Growth, Weary Of Economy

PYMNTS

The top reasons for using the proceeds – for those considering loans of $100K or less – are: buying and repairing equipment (19 percent); purchasing inventory (18 percent); expansions (15 percent); and software and technology (15 percent). Taxes (28 percent). Specific improvement was driven regionally by 4.1 Challenges.

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