PYMNTS

SEPTEMBER 23, 2019

As we noted in the recent Digital Banking Tracker, the CNP fraud has taken a leg down in favor of fraud that looks to snag credit card numbers. They took the details and applied for credit cards. She also submitted a false tax return in 2016, omitting those funds as income. Sometimes the methods are decidedly old school.

Cards 124

Cards Data Florida Fraud 124

PYMNTS

AUGUST 9, 2017

Green Dot Corp released earnings on Tuesday that topped analyst expectations, with 55 cents a share reported, versus estimates of 40 cents a share, as organic growth and card counts both showed momentum in the period. Streit also said the company has entered an agreement to acquire a small tuck in secured credit card portfolio. .

Cards 100

Cards Apple Taxes Millennials 100

PYMNTS

JANUARY 24, 2020

The country has one of the lowest rates of credit card use in Europe, but that could change if the cashless initiative catches on. The country has the highest rate of value-added tax (VAT) fraud in Europe. It’s estimated that the black market economy made up about 12 percent of the country’s yearly economic output in 2017.

Payments 234

Payments Fraud Taxes Technology 234

PYMNTS

AUGUST 29, 2017

He told the publication the MMT MyBusiness offering will incorporate a corporate wallet to promote efficient spending and reduce corporate card abuse. Tax details can be passed automatically to suppliers like hoteliers, with taxes incorporated into eInvoices that are then uploaded and reconciled against corporates’ GST accounts.

Marketing 108

Marketing Taxes Online Cards 108

PYMNTS

MARCH 26, 2016

A loan company employee has pleaded guilty to stealing identities of several customers and fraudulently seeking $400,000 in tax returns. The government alleges that the two co-conspirators worked together to get away with the tax returns. Huff returned half of the money to Battle and kept the remaining balance.

Company 100

Company Alabama Taxes Fraud 100

PYMNTS

JULY 31, 2018

WTOP said on Monday (July 30) that Fundera’s report revealed how common it is for small business owners to use their business credit cards for personal expenses, a practice that experts warn can lead to financial and compliance-related consequences. There are many other benefits to having a business credit card.

Survey 103

Survey Cards Compliance Taxes 103

PYMNTS

OCTOBER 22, 2018

Fraudsters have found a new favored method for the holidays, the Sears’ bankruptcy filing finally came in and the major card networks found themselves on the wrong side of India’s emerging data privacy efforts. Gift Cards’ New Unfavorable Fans. That is up from just 7 percent in 2015 — a 270 percent increase.

Data 134

Data Fraud Cards Regulation 134

PYMNTS

APRIL 27, 2016

There are issues of transaction security, criminal elements, tax evasion, free flow of capital, access to goods and services and the ability to fully participate in the global economy. adults still prefer to use cash for purchases under $5, while 22 percent use debit cards and 11 percent use credit cards.

Taxes 100

Taxes Colorado Alaska Cards 100

BankBazaar

JUNE 18, 2020

If your tax slab is 30%, your FD returns will be taxed to that extent, unless you’re a senior citizen eligible for certain income tax bene?ts after income tax and that is your e?ective ective post-tax return (refer to Table 2). higher per annum post tax than ?xed ts on this front.

Management 78

Management Taxes Examples Capital 78

PYMNTS

OCTOBER 15, 2018

Its product uses GPS to learn Favorite Locations to classify commutes, as well as processes credit card data to learn Favorite Merchants to create rules for business expenses. In addition, it allows users to bring their Everlance data into their accounting system and vice versa. “We

Taxes 129

Taxes Apple America Management 129

PYMNTS

APRIL 16, 2018

tax reform, and strong economic growth around the globe is also benefitting these players. Lower corporate tax rates led JPMorgan Chase to post an 8.6 percent decline of income tax expenses, which hit $2.56 She added that higher interest rates and tax cuts are also expected to continue boosting profits. JPMorgan Chase.

Taxes 100

Taxes Lending Operations Data 100

PYMNTS

FEBRUARY 27, 2019

Residents can use these IDs to conduct different types of government business, including filing taxes or accessing pensions. . The country’s Department of Home Affairs (DHA) launched a national identity card in 2013 that includes fingerprint authentication on top of a standard PIN. Keeping biometrics safe .

Security 159

Security National Wyoming Idaho 159

PYMNTS

JANUARY 10, 2017

percent in November when compared with the same period in 2015. The financial ministry also released figures yesterday (Jan 9) that direct taxes had risen 12 percent between January and December — although economists pointed out that period included both many months of uninterrupted growth and several tax rises. percent a year.

Taxes 100

Taxes ATM Cards National 100

PYMNTS

NOVEMBER 11, 2016

trillion in 2015, according to the Global Business Travel Association. trillion in 2015, said the World Travel and Tourism Council. When dealing with cross-border, you’re dealing with tax jurisdictions as well,” he said. The same goes for global tourism spending, which totaled $7.2 It’s not just PCI compliance.

Taxes 115

Taxes Cards Analytics Payments 115

PYMNTS

MAY 21, 2020

percent higher than 2018 and had 160,000 more reported cases than the previous record year of 2015. Victims receive an unexpected influx of cash and a message from the fraudster asking for the money back, but this money originated from stolen credit cards. This accounted for 20.3 percent of 3.2 The identity theft rate in 2019 was 46.4

Fraud 131

Fraud Tools Training Taxes 131

PYMNTS

MAY 15, 2017

billion yesterday celebrating their moms, buying flowers and cards and taking them out to brunch. The TPG tax prep business was also a major source of growth, since it offered a variety of touchpoints with potential customers due to its “synergistic approach to its business.”. Spend per card is also up — by about 9 percent.

Data 100

Data America Taxes Cards 100

CFPB Monitor

JULY 27, 2015

The Department of Defense (DoD) dramatically expanded the scope of the Military Lending Act (MLA) on July 22, 2015, publishing its Final Rule amending the MLA’s implementing regulation. On August 24, 2015, Ballard Spahr attorneys will hold a webinar on the Final Rule from 12 p.m. to 1 p.m.

Lending 60

Lending Taxes Cards Regulation 60

PYMNTS

MARCH 18, 2019

Connecting these two dots suggests a few important things that, for banks and card networks, might be the 2020 hindsight that could have come in handy had they stopped to look backwards a few years ago: That the Fed has much more than a passing interest in how faster payments are run in the U.S. A Couple of Important Dots.

Payments 201

Payments Cards Operations System 201

Gonzobanker

JUNE 16, 2022

Founded by Vice President Al Gore’s senior speechwriter, Andrei Cherny, the fintech has grown to nearly 1 million customers since it launched in 2015. The fintech also plans to offer Cash Back for Buying Black with up to 5% cash back on debit card purchases at participating Black businesses. Aspiration might be the bank for you.

Fintech 146

Fintech Apple Cards Data 146

CFPB Monitor

SEPTEMBER 2, 2016

The American Bankers Association, joined by six other prominent industry trade groups, is seeking a six-month extension of the date by which depository institutions must comply with the Military Lending Act (MLA) final rule adopted by the Department of Defense (DoD) in July 2015 that dramatically expanded the scope of the MLA’s coverage.

Compliance 79

Compliance Groups Lending FDIC 79

PYMNTS

DECEMBER 23, 2016

Amid the promises to spend on infrastructure, cut taxes, create jobs and … well, lots of other things, the incoming Trump administration also will have its hands full with cybersecurity issues. As for cybersecurity, what lies in the cards? One thing is for certain: Controversy will abound.

Alabama 100

Alabama Kansas National Taxes 100

PYMNTS

JULY 31, 2017

After a long partnership, Stripe has officially acquired Payable in an effort to bolster the tax reporting tools it has on offer for its market business customers through its Stripe Connect product. Going forward, existing Payable customers will continue to be hosted on payable.com through the next tax season. Have a good week.

Taxes 100

Taxes Data Security Report 100

ZootBlog

MAY 18, 2016

Over the past couple of weeks we’ve been discussing fraud mitigation strategies on ZootBlog—everything from EMV chip cards to encryption, tokenization, and biometrics. Instead of attacking consumer cards at the point-of-sale, they are hacking business emails and successfully committing ACH fraud and stealing merchant credit card data.

Fraud 67

Fraud Taxes United States Study 67

PYMNTS

SEPTEMBER 6, 2019

Visa: Chip Cards Reduce Counterfeit Fraud By 87 Pct. Chip cards are now accepted at more than 3.7 million merchants, whereas in September of 2015 that number was only 392,000. Report: The Risky Business Of Navigating Online Sales Tax For Merchants. That’s an 825 percent increase. Trackers and Reports.

Innovation 116

Innovation Payments Apple United States 116

PYMNTS

MAY 4, 2017

Brazil and Mexico — the total amount in cash payments for the region was $3 trillion in 2015, with weighted average cash use at 14 percent of GDP, with an estimated increase, annually, of 4 percent through 2020 in absolute dollars but a decline in percentage of GDP by 1.2 Turning to the Americas — defined as the U.S., do not accept cash.

ATM 192

ATM Millennials United States Study 192

MyBankTracker

FEBRUARY 24, 2021

high-interest credit cards, payday loans, etc.) Retirement accounts offer tax-advantaged growth of long-term savings but far too many people — regardless of gender — ignore them. Banks Checking Accounts Customer Survey 2015. With an emergency fund , you don’t have to resort to expensive options (e.g.,

Survey 52

Survey United States Study Taxes 52

Abrigo

DECEMBER 3, 2014

Before you know it, you’ll be ringing in 2015 and busy season will have you funneling coffee instead of sipping on egg nog. This time honored tradition allows you to mingle festively with your coworkers, enjoy a decadent dessert or two, and perhaps belt out an “I Will Survive (Tax Season)” on karaoke.

Phoenix 210

Phoenix Exercises Taxes US 210

Fintech Labs Insights

SEPTEMBER 16, 2015

This post is part of our live coverage of FinovateFall 2015. Next, DAVO Technologies showed how its solution automatically collects, files, and pays sales tax on merchants’ behalf: “DAVO Sales Tax is the automated sales tax solution for small to mid-sized merchants. Product Launch: February 2015.

Taxes 12

Taxes Technology Portland Strategy 12

CFPB Monitor

APRIL 11, 2016

A number of prominent industry trade groups have written to the Department of Defense (DoD) seeking clarifications to the Military Lending Act (MLA) final rule adopted in July 2015 that dramatically expanded the scope of the MLA’s coverage.

Groups 60

Groups Lending Regulation Taxes 60

PYMNTS

JUNE 23, 2016

The convenience of credit cards and slimming consumer wallets may suggest that hard cash is slipping away as a preferred method of payment. The public affinity for cash is particularly visible in Belgium, Italy, Malta and Portugal — all of which are projected to show double digit total cash growth between 2015 and 2020. The result?

ATM 102

ATM Cards Analysis Trends 102

PYMNTS

AUGUST 7, 2018

Demonetization was launched in India in an effort to crack down on the nation’s underground economy, boost tax revenues and encourage the transition to a digital banking infrastructure. In fact, the number of mobile wallets in India grew by 433 percent between 2015 and 2017. About The Index.

Report 104

Report Policies Digital Banking Payments 104

CFPB Monitor

SEPTEMBER 2, 2016

Although the DoD’s final rule took effect on October 1, 2015, it applies only to consumer credit transactions or accounts that are consummated or established after October 3, 2016 for most products, and after October 3, 2017 for credit cards.

Compliance 60

Compliance Groups Lending FDIC 60

PYMNTS

SEPTEMBER 22, 2017

Mastercard’s latest report on financial inclusion, “ Building Electronic Payment Acceptance at the Base of the Pyramid to Advance Financial Inclusion ,” noted that, according to GSMA figures, as of December 2015, only about a third of the 411 million mobile money accounts around the world were active. But balances remain at zero.

Mobile 160

Mobile Payments Cards Tools 160

CFPB Monitor

NOVEMBER 24, 2015

” The report states that as of November 2015, the CFPB had received about 2,500 complaints from servicemembers, veterans and their dependents about high-cost consumer credit. ” The report includes a summary of the amendments to the MLA regulation published by the DoD in July 2015 which dramatically expanded the MLA’s scope.

Regulation 60

Regulation Taxes Cards Report 60

PYMNTS

APRIL 18, 2016

Happy Monday, and happy Tax Day 2016. Million | The amount of people that were impacted by the government’s OPM hack in 2015 — which is now back in the news cycle as pressure mounts for IRS Commissioner John Koskinen to step down. So what does that entail? IRS Chief’s Backlash.

Data 100

Data Taxes Trends Mobile 100

PYMNTS

OCTOBER 10, 2017

percent between 2015 and 2020 — significantly lower than the 11.2 For instance, in mature APAC markets, small- and medium-sized businesses (SMBs) are driving digitization of B2B payments through increased use of digital invoices, virtual cards and cloud-based financial management and accounting solutions. Regional Trends.

Payments 124

Payments Regional America Trends 124

PYMNTS

JUNE 10, 2016

According to the Brazilian Association of Startups , as of 2015, there were 335 startups in Rio. In an effort to spur job growth, the Brazilian government offered tax and legal incentives for technology companies within Rio. In fact, the venture and entrepreneurial ecosystem grew by 20 percent from 2014 to 2015 alone.

Trends 100

Trends Community America Study 100