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. Take the market’s VAT legislation, for example. Tax fraud is a massive threat of corporates. billion every year.

Taxes 102

Taxes Fraud Compliance Regulation 102

PYMNTS

SEPTEMBER 14, 2018

Sansone, chief of the SEC enforcement division’s market abuse unit, said, “Market participants deserve to make informed decisions about where they execute their orders. The company disclosed it “self-reported” the findings to regulators, as pertains to Regulation Z and the CARD Act. In a statement , Joseph G.

United States 134

United States Taxes Regulation Cards 134

PYMNTS

APRIL 30, 2018

The FI said this statistic is two percentage points higher than last year’s report, and a whopping 25 percentage points up from 2016 levels. More than half of small firms also say their local economies are going to improve this year (56 percent), up from 50 percent in the spring of last year, and just 38 percent in 2016.

Taxes 144

Taxes America National Community 144

PYMNTS

JUNE 14, 2018

Identity theft is an unfortunately reality for more consumers as data breaches continue to rock the market. million, in 2016 alone. with more than 16,800 victims recorded in 2016. Business identities can be used to open card accounts, initiate wire transfers or commit tax fraud. That figure rose to 10,000 last year.

Fraud 109

Fraud Taxes Resources National 109

BankUnderground

JUNE 8, 2022

There is a lively debate about whether and how capital regulations for banks and insurers should be adjusted in response to climate change. Setting capital requirements or buffers based on market-based climate risk measures is problematic for two reasons. Marco Bardoscia, Benjamin Guin and Misa Tanaka.

Capital 103

Capital Policies Tools Regulation 103

PYMNTS

MAY 29, 2018

The latest episode had French President Emmanuel Macron telling executives from major technology companies — including Facebook, Microsoft, Intel and IBM — that innovation needs to be accompanied by tough regulations and societal contributions. “I billion in 2016, according to an estimate from Orrick, Herrington & Sutcliffe LLP , a U.S.-based

social media 100

social media US Regulation United States 100

Jeff For Banks

NOVEMBER 1, 2017

Quarterly Financial Markets & Economic Update- October, 2017 I love this time of year. The markets have not given way to anything, with long term bonds still trading in a tight range and short term rates having risen from Fed action. Tax cut and tax reform proposals have been floated. What Does the Economy Need?

Marketing 60

Marketing Taxes DC Community Bank 60

PYMNTS

JUNE 8, 2016

Across the Northern Hemisphere, markets have taken a gradual approach to implementing digital invoicing and B2B billing tools. That goes for both businesses and government entities, according to eInvoicing firm Billentis in its 2016 E-Invoicing: Digitization & Automation report, released Monday (June 6). A Faster Way.

America 100

America Taxes Tools National 100

PYMNTS

JANUARY 23, 2017

Businesses face mounting risk thanks to things like geopolitical uncertainties and regulation but are also threatened by something as seemingly arbitrary as group chat platforms. That’s according to SAP SuccessFactors and Oxford Economics, which surveyed 4,100 FinServ executives across markets. 40% more cyberbreaches impacted U.S.

Survey 100

Survey Taxes Groups Analysis 100

PYMNTS

JULY 14, 2016

At the intersection is Shannon Long, CEO of Brew Export, a turnkey service that handles legal, shipping and marketing logistics for U.S. As alcohol laws vary by country, Brew Export needs to ensure it fully understands the regulations surrounding labels and taxes for each market. percent between 2016 and 2020.

Study 100

Study Regulation Taxes Marketing 100

PYMNTS

JUNE 15, 2018

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. The software firm, Sage, has had five of its accounting offerings focused on VAT, accredited by the UAE Federal Tax Authority.

Fintech 115

Fintech Compliance Software Taxes 115

PYMNTS

MAY 3, 2016

“Now is a critical time for small businesses as the country anticipates a change in leadership and new opportunities and challenges, such as market dynamics and new regulations and tax laws, which can have a significant impact on business results,” stated Capital One Head of Small Business Banking Keri Gohman in announcing the results of the report.

Capital 100

Capital social media Leadership Millennials 100

PYMNTS

SEPTEMBER 20, 2018

European regulators this week continued to show their love, respect and admiration for U.S.-based Assuming that caught your attention, here’s the real story: It’s shaping up as a busy week for regulators in Europe (including Turkey, which for purposes of this article, qualifies as Europe). “The

Google 124

Google social media Regulation Course 124

PYMNTS

JULY 31, 2017

Regulators are reportedly inquiring about how a lawyer for wealthy customers of Wells Fargo came to access so large a trove of customer information. Regulators have reportedly informally reached out to the attorneys involved in the lawsuit underlying the release of information to figure out how the data breach happened.

Taxes 100

Taxes Data Security Report 100

BankUnderground

MAY 22, 2024

It is calculated by taking a household’s mortgage payments (including interest and principal) and dividing them by their pre-tax income. Some countries have regulations in place that restrict lenders’ ability to issue mortgages to borrowers that exceed certain DSR limits. The most common one is the gross debt-servicing ratio (DSR).

Survey 55

Survey Lending Policies Analysis 55

PYMNTS

FEBRUARY 13, 2017

With old rules evolving into new ones, geographic boundaries and their own set of regulations are just some of the many complexities that add friction to the process of international business. Bullock discussed the compliance challenges of various payment scheme regulations that cross-border merchants often need to confront.

Compliance 100

Compliance Taxes Regulation Operations 100

PYMNTS

APRIL 16, 2019

The overhaul was put forth by the European Commission in November of 2016, and it mandates the amount of cash a bank has to put aside to be able to absorb losses. Parliament also passed protection for whistleblowers who bring crimes like tax evasion to light.

System 116

System Taxes Regional Google 116

Jeff For Banks

AUGUST 12, 2018

This is because the economy has been gaining momentum, however modest, from the tax cuts and deregulation. As well as the economy has been doing from the momentum of tax cuts and reduced regulation, there are always looming issues. for the year ending June, 2016, +5.6% The economy has grown 2.2% Milton Friedman, anyone?

Marketing 60

Marketing Philadelphia Omaha US 60

PYMNTS

APRIL 2, 2019

The FCA said it saw evidence that Innovative Finance ISAs, which are used to shelter peer-to-peer loans from capital gains and income tax, were marketed along with cash ISAs even though they don’t give the same level of protection to consumers. Many of the company’s mini-bonds were incorrectly marketed as IFISAs.

Capital 108

Capital Taxes Fraud Marketing 108

PYMNTS

MAY 9, 2016

The firm published its 2016 Small Business Fraud Report , emphasizing the risks that small businesses face in back-office fraud. 69% of small business owners are optimistic about the year ahead , found Chase for Business in its 2016 Business Leaders Outlook report. Dive into the data below to make up your own mind. .

America 100

America National Capital Survey 100

PYMNTS

MARCH 15, 2019

In 2016, the European Commission started a third antitrust case against Google, saying the search engine was stopping third parties who were using AdSense from displaying ads from competitors of Google. The results of that inquiry could lead to an additional case. Apple CEO Tim Cook called the fine “total political crap.”.

Google 116

Google Exercises Apple Comparison 116

PYMNTS

SEPTEMBER 3, 2018

In 2016, Prime Minister Narendra Modi put forth a policy that took the largest banknotes in circulation out of the system (500 rupee and 1,000 rupee bills), a move intended to reduce tax evasion and corruption. That market will grow at a 30 percent compound annual growth rate (CAGR) until then. “An Payments Competition.

Payments 108

Payments Google Retail Online 108

Tomorrow's Transactions

JANUARY 25, 2016

I gave a talk about key trends in digital payments for 2016 and since I got some very nice feedback on it, I thought I would put a few of the key points on Tomorrow’s Transactions. So I expect we will see a jump in mass market consumer biometrics. The first one is the trend to what people have started to call instant payments.

Trends 39

Trends Payments Millennials blockchain 39

PYMNTS

FEBRUARY 12, 2018

Yet, according to Fung Global Retail & Technology, 6,985 stores closed in 2017 , up 229 percent from 2016, and well above the number of stores which closed in the year that started physical retail’s death spiral: 2008. Those consumers thought that time was worth something; otherwise, why would they divert their attention? Data Doubletalk.

Big Data 135

Big Data Data Retail Marketing 135

PYMNTS

JULY 15, 2016

According to the Brewers Association’s May/June 2016 edition of The New Brewer magazine, the U.S. beer market is worth nearly $106 billion. Long first got the idea for Brew Export while studying international marketing at Michigan State University. Beer City’ And Beyond. The service acts as a one-stop shop for U.S.

Puerto Rico 100

Puerto Rico Michigan Branding Marketing 100

PYMNTS

SEPTEMBER 13, 2017

The firm, founded in New York in 2015 and now located in Hangzhou, with offices in San Francisco, Shenzhen and Luxembourg, has operated since February 2016 with Amazon as its anchor client. The company has been experiencing extraordinary growth, with GMV processing over $3B annualized.

San Francisco 101

San Francisco Compliance Regulation Branding 101

PYMNTS

FEBRUARY 10, 2017

The city was ranked as a strong innovator by the latest edition of the Regional Innovation Scoreboard (RIS 2016). Lastennet said that compared with the very strong competition across Europe for attracting both established companies and startups, Belgium is still considered a relatively small market.

Capital 100

Capital Regional Innovation Fintech 100

Jeff For Banks

FEBRUARY 3, 2018

And I have never heard a regulator say the phrase "over capitalized". Both ROAA and ROAE declined 2016-17, although efficiency is better. Provision, and income taxes. Most of the institutions, if not all of them, probably took a Deferred Tax Asset (DTA) writedown in the income tax line item, impacting these bottom line ratios.

Taxes 60

Taxes Regional Industry Trends 60

PYMNTS

MARCH 22, 2017

The founders studied how the Colorado cannabis market grew. In January 2016, Baker launched a full suite of products to enable dispensaries to understand, connect with and build a relationship with their end consumer to engage and retain them — all key elements in the cannabis industry. Hint: It grew rapidly.)

Technology 119

Technology Colorado Tools Denver 119

PYMNTS

OCTOBER 11, 2017

According to research from the PYMNTS.com Subscription Commerce Conversion Index™ (SCCI) , demand for subscription boxes is estimated to have grown by a whopping 3,000 percent between 2013 and 2016 alone. Adapting to a growing market. As those taxes and other regulatory fees increased, it really impacted business.”.

Apple 100

Apple Payments Company Taxes 100

PYMNTS

APRIL 22, 2016

They then reportedly used a bitcoin exchange to cover up the violations that the compromised credit union was flying under the radar of from regulators. While India hasn’t been the friendliest environment for bitcoin, that hasn’t stopped one bitcoin exchange from making a go in the market. Can Bitcoin Break The $450 Mark?

Bitcoin 100

Bitcoin Florida Comparison blockchain 100

PYMNTS

MARCH 9, 2018

Volvo has a partnership with Liberty Mutual and bundles its insurance rates, applicable taxes and maintenance fees into customers’ final bills. because they’re state-by-state and they’re heavily regulated,” Bryant said. million during the 2016-2017 academic year, according to the most recent data from the U.S.

Study 102

Study Payments Taxes Report 102

PYMNTS

APRIL 30, 2018

In this world, the only things certain are death and taxes. Anyone in a regulated industry — and that’s just about all of them — are also plenty dubious about using cryptocurrencies as the processing rails for supporting those pilots and incorporating them into their longer-term plans should their pilots show promise. And to learn.

Fintech 183

Fintech blockchain Lending Digital Banking 183

CB Insights

FEBRUARY 13, 2020

Brothers Patrick and John Collison founded Stripe in 2010 in an attempt to gain share in online payments, a then-nascent market with seemingly boundless growth opportunity. Market opportunity. Stripe is ramping up its private market investments. Expansion into emerging markets. TABLE OF CONTENTS. Focus on developers.

Online 98

Online Company Retail Payments 98

Fintech Labs Insights

JUNE 29, 2016

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.

Compliance 15

Compliance Taxes Management Regulation 15

Lex Sokolin

DECEMBER 25, 2019

you get paid some market-clearing interest rate to loan out assets like Bitcoin, which someone is borrowing for a trading or hedging purpose. Swiss based ETP enters the Crypto trading market | Data Driven Investor Payments is also spreading to Ethereum, which you can see by the growth in USD-pegged stablecoins.

blockchain 52

blockchain Bitcoin Software Lending 52

BankUnderground

JULY 29, 2020

For central banks whose policy rates are already close to zero, Lilley and Rogoff (2020) have recently restated their case for negative policy rates when markets no longer believe that QE is sufficient to maintain inflation at target. Regulators should therefore limit dividend payouts or share buybacks.

Policies 106

Policies Lending System Tools 106