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

PYMNTS

NOVEMBER 13, 2017

Small business owners have a lot on their plates today and, depending on who one asks, top concerns range from taxes to late invoice payments. Bank of America also found in a fall 2017 survey that nearly three-quarters of SMBs expect their 2017 year-end revenues to beat 2016’s figures.

Taxes 105

Taxes Survey Capital America 105

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. However, nearly two years after the policy launched in 2016, cash remains a key component of the nation’s economy. percent from 2016 to 2021.

Report 104

Report Policies Digital Banking Payments 104

PYMNTS

DECEMBER 19, 2019

eCommerce platforms have to abide by regional rules and that could make it harder for Airbnb to do business. . “We We want to be good partners to everyone and already we have worked with more than 500 governments and authorities to help hosts share their homes, follow the rules and pay tax.”.

Taxes 130

Taxes Regional Online Industry 130

PYMNTS

FEBRUARY 13, 2019

Criminals can direct federal or state tax authorities to issue fraudulent tax refunds on prepaid debit cards.”. The Southwest border region is a high-risk area for money laundering activity, in part because of a high volume of cash and cross-border transactions, according to bank representatives and others,” the report said.

Cards 147

Cards Operations New York City Regional 147

Abrigo

JANUARY 13, 2016

Sageworks recently announced its lineup for regional User Groups in 2016 , including events in Atlanta, Philadelphia, Los Angeles and Dallas. How to they make electronic tax returns part of their loan policy so they can leverage the Electronic Tax Return Reader ? How do they use Credit Memo in their workflows?

Analysis 150

Analysis Groups Los Angeles Philadelphia 150

PYMNTS

NOVEMBER 7, 2018

Data-driven efforts aided by technology have been able to match the best cost of capital to the right borrowers, he said, and in the aforementioned 39 percent growth in the custom loan activity, he said that local community and regional banks are looking for higher quality borrowers. “At

Taxes 159

Taxes Management Risk Management Capital 159

PYMNTS

APRIL 5, 2018

For China, the tax hikes target everything from soybeans to aircrafts. In 2016, $2.19 Walmart recently announced it would be using WeChat Pay at all of its stores in China’s western region. Since WeChat Pay came into use in 2016, it has been steadily gobbling up market share from Alipay. For the U.S., being the parent.

Retail 115

Retail US Regional Branding 115

PYMNTS

MARCH 1, 2016

With the selldown of the Africa business – in a business that serves a region where the company has been for more than a century – minority ownership will effectively take the business off of Barclays’ books. That comes after a May 2014 announcement that roughly 19,000 positions would be eliminated firm-wide through the end of 2016.

Operations 100

Operations Strategy United States Regional 100

PYMNTS

SEPTEMBER 8, 2017

However, the algorithm doesn’t know the difference between Hanukkah and a hurricane, nor does it differentiate between a Hatchimals craze (see: Christmas 2016) and supplies necessary for weathering a severe natural disaster. Therefore, cities and states are willing to offer ridiculous terms and benefits, including massive tax breaks.

Seattle 110

Seattle Florida Denver Taxes 110

PYMNTS

FEBRUARY 10, 2017

The region is also home to an active and fast-growing startup scene. Brussels the third wealthiest region in terms of GDP per capita due to this number being twice as high as the European average. The city was ranked as a strong innovator by the latest edition of the Regional Innovation Scoreboard (RIS 2016).

Capital 100

Capital Regional Innovation Fintech 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. A previous Bank Underground post from 2016 comes to a similar conclusion. The most common one is the gross debt-servicing ratio (DSR).

Survey 55

Survey Lending Policies Analysis 55

Jeff For Banks

FEBRUARY 3, 2018

That yielded 291 total institutions, broken down by region. Some regions are experiencing slightly elevated non-performers from the previous year. Are these anomalies due to region, competition, or business models? But if I were a Northeast bank, I would ask why other regions achieved between 3.5%-3.8% A trend to watch.

Taxes 60

Taxes Regional Industry Trends 60

BankUnderground

FEBRUARY 9, 2023

To ensure the availability and affordability of flood insurance to households in flood-prone areas, the UK Government introduced an innovative reinsurance scheme, Flood Re, in April 2016. In a recently published Staff Working Paper , we employ a granular data set of all property transactions and flood events in England.

Marketing 80

Marketing Policies Regional Data 80

PYMNTS

JANUARY 13, 2017

New Zealand was ranked the number one country in which to start a business by the World Bank Doing Business Report 2016. Above all, one of New Zealand’s biggest draws is that it has been ranked the number one country by the World Bank Doing Business Report 2016 in which to start a business. Wellington’s unemployment rate of 5.7

Fintech 100

Fintech Regional Innovation Trends 100

PYMNTS

APRIL 12, 2016

As detailed in the 2016 JPMorgan Chase Business Leaders Outlook report, the outlook is positive on a local economy level, but nationally/globally is a little more shaky. The top challenges facing businesses, according to the study in 2016 are: Revenue/sales growth (74 percent), named by the most respondents in the history of the survey.

Report 100

Report Study National Regional 100

PYMNTS

JANUARY 30, 2018

Adoption of Electronic Invoicing: Challenges and Opportunities report released by the Federal Reserve Bank of Minneapolis in 2016, government officials noted the role eInvoicing plays in the broader effort to improve the U.S. government reportedly spent $461 billion on federal procurement contracts in FY 2016 alone. In its U.S.

US 106

US Minneapolis Regional America 106

PYMNTS

FEBRUARY 21, 2018

A regional government in Russia is now working with state-backed VEB, reports in CoinDesk said this week, as authorities explore how to use blockchain “to improve the quality of management decisions.”. Ubin was first announced in 2016 with the central bank launching a partnership with blockchain company R3.

blockchain 130

blockchain Los Angeles Regulation Oregon 130

PYMNTS

DECEMBER 8, 2016

Regulators, like tax authorities and auditors, are now involved, and corporations must comply with their rules, whether they are about digital signatures, timestamps, archiving processes or otherwise. These mandates mean eInvoicing is no longer a two-party process between buyer and supplier. In the U.S., “Ironically, the U.S.

Compliance 100

Compliance Regulation Taxes Fraud 100

BankUnderground

JUNE 8, 2022

The first approach is to build climate stress testing around technologically plausible scenarios and carbon price paths which are consistent with climate goals (Batten et al ( 2016 , 2018 – Chapter 10 ) and NGFS (2020) ). Physical risks – ie risks arising from climate change itself – are harder to quantify than transition risks.

Capital 103

Capital Policies Tools Regulation 103

PYMNTS

JULY 22, 2019

Regional banking force KeyCorp disclosed a massive fraud that could potentially cost as much as $90 million – according to reporting out of CNBC last week. The hack reportedly happened at the end of June at Bulgaria’s tax agency – the National Revenue Agency (NRA). Starting with. KeyBank’s Costly Payroll Fraud Problem .

Data 100

Data Security Fraud Indiana 100

PYMNTS

FEBRUARY 13, 2017

For merchants, conducting cross-border trade often means following another nation’s local rules around payment acceptance, compliance, taxes and physical requirements and a host of other factors that vary between borders. He noted that Worldpay’s 2016 Global Payments Report anticipates the global eCommerce market will grow by 10.4

Compliance 100

Compliance Taxes Regulation Operations 100

FICO

DECEMBER 21, 2016

Today, it’s really only Tier 1 banks that use analytics in AML, KYC and tax compliance areas. In September 2016, new leaks exposed the people connected to a whopping 175,000 Bahamian companies registered between 1990 and 2016. Kibble, Homeland Security Investigations regional attaché to the Netherlands for the U.S.

Compliance 40

Compliance Analytics Taxes Groups 40

PYMNTS

DECEMBER 8, 2017

This is, of course, the time when the phone rings and people take donations , through a number of channels, as the fourth quarter offers up a rush for gift-giving before the end of the tax year. and other regions — and are now being adopted in the United States. Within that $390 billion, online giving was up 10 percent last year.

United States 101

United States Course Bitcoin Mobile 101

Independent Banker

FEBRUARY 25, 2015

Coping just fine, community banks in energy-producing regions manage the oil-price plunge. He says building owners must pay utility bills and property taxes even if a prime tenant has vacated, giving underlying stability to the oil industry and their supporting loans. New energy regions adapt. By Howard Schneider.

North Dakota 70

North Dakota Texas Louisiana Community Bank 70

PYMNTS

OCTOBER 11, 2019

Aadhaar launched in 2016 and remains the world’s largest national biometric ID system. Earlier this year, the New York Times reported on China’s advanced system of advanced facial recognition technology to track and control the Uighurs minority group in the western region of the country. The Intensifying Indian situation .

Detroit 116

Detroit National System Technology 116

PYMNTS

MARCH 21, 2018

It may seem like they’re doing everyone a favor, but by issuing payment, they can create a host of legal and tax issues if the employee is not accurately compensated for the hours they worked.”. But faster payments may also be a trend that could add to executives’ compliance burdens, according to O’Connor.

Compliance 109

Compliance Survey Resources Regulation 109

PYMNTS

MAY 12, 2017

The cross-border B2B payments market, on the other hand, is fraught with friction, despite being much larger in size — accounting for nearly 80 percent of global cross-border payment revenue, according to a 2016 report by McKinsey & Company.

Payments 109

Payments Compliance Guidelines Comparison 109

Jeff For Banks

DECEMBER 12, 2017

Before we begin and for comparison purposes, here are last year's top five , as measured in December 2016: #1. billion in asset company headquartered in West Virginia, providing community banking services primarily in the Eastern Panhandle and South Central regions of the state, and the Northern and Shenandoah Valley regions of Virginia.

Minnesota 60

Minnesota West Virginia Virginia Iowa 60

Gonzobanker

JANUARY 7, 2019

After the initial high of the “Trump Bump” in late 2016 and the euphoria-promoting “Tax Bump” of late 2017, bankers saw their fortunes turn against them in the second half of 2018. KRE – Regional Bank Stock ETF – Past 5 Years.

Meeting 87

Meeting Analysis Resources Management 87

CB Insights

FEBRUARY 13, 2020

In 2016, the company took out a $250M line of credit from Barclays, Goldman, JPMorgan Chase, and Morgan Stanley. In February 2016, Stripe launched Stripe Atlas, a service to help entrepreneurs create a US-incorporated business in 20 minutes. This is particularly useful for businesses operating in regions outside of the US.

Online 98

Online Company Retail Payments 98

Bankelele

JANUARY 20, 2016

In Kenya, General Motors East Africa (GMEA), was started in 1975 as a joint venture between the Government of Kenya and General Motors Company, and is one that is currently 18% owned by Centum, and which is a leading exporter of new vehicles to countries in the greater East Africa region. which can be repaid over 6 years.

Regional 28

Regional Branding Taxes System 28

CB Insights

DECEMBER 4, 2017

Oscillating government attitudes toward solar energy have also impacted the space, and while the costs of solar energy have improved dramatically in recent years, incentives still play a vital role in many regions. This tax increase might push solar costs in the industry back five years, substantially slowing the growth from the Obama era.

Trends 30

Trends United States Capital Industry 30

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

PYMNTS

JUNE 23, 2016

Last month, Indonesia announced plans to track down all credit card transactions in an effort to curb rampant tax evasion. “I don’t think they’re all avoiding taxes, but some did say they feel. The result? An instant decline in credit card usage. But we’ve got to give choice to the public.”.

ATM 102

ATM Cards Analysis Trends 102

CB Insights

SEPTEMBER 5, 2018

As a result, a number of mobility startups have emerged, deploying new transportation models that stand to disrupt personal car ownership in dense urban regions, and potentially in more suburban regions moving forward. Toyota has also invested in the startup, contributing to the Series D round as well as a $10M round in October 2016.

San Francisco 78

San Francisco New York City US Mobile 78

PYMNTS

JULY 4, 2016

With the 2016 Summer Olympics right around the corner, the spotlight has shined brightly on the global competition’s host city, Rio de Janeiro. In an effort to spur job growth, the Brazilian government offered tax and legal incentives for technology companies within Rio. Can Rio de Janeiro Withstand The Olympic Pressure?

Innovation 104

Innovation Fintech National Capital 104