PYMNTS

MARCH 26, 2018

Complex tax law has been linked to the rise in eInvoicing in B2B commerce, according to Julie Park, managing director of VAT and customs duty at The VAT Consultancy. She pointed to Latin America , which enacted some of the world’s first eInvoicing mandates for the purposes of tax rule enforcement. billion every year.

Taxes 102

Taxes Fraud Compliance Regulation 102

Bobsguide

MAY 3, 2016

With ILS (insurance-linked securities) heading into the London market, every effort is being made to push the corporation tax legislation through in 2016. So, what is this ILS regulation and what makes. UK companies will then be able to make the most of the business opportunities on offer.

Marketing 60

Marketing Capital Taxes Regulation 60

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

CFPB Monitor

APRIL 11, 2016

Although the DoD’s final rule took effect on October 1, 2015, it will apply 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.

Groups 60

Groups Lending Regulation Taxes 60

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

JANUARY 4, 2019

In 2016, it was lower and companies only saw $4.3 These were OYO Rooms, a hospitality company, which raised $1 billion in September, and food delivery company Swiggy , which also secured a cool billion. That number is down from the $988 million raised in 380 rounds in 2017 and the $1 billion in 430 rounds raised in 2016.

Company 162

Company Taxes Innovation Capital 162

PYMNTS

JUNE 14, 2018

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. ” There are four main types of business identity theft, according to the report: financial fraud, tax fraud, website defacement and trademark ransom.

Fraud 109

Fraud Taxes Resources National 109

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. businesses in 2016 than the year prior, found CyberScout. businesses in 2016 than the year prior, found CyberScout.

Survey 100

Survey Taxes Groups Analysis 100

CFPB Monitor

MARCH 2, 2020

With regard to motor vehicle and other personal property financing, Interpretive Rule Q&A #2 asks: Does credit that a creditor extends for the purpose of purchasing a motor vehicle or personal property, which secures the credit, fall within the exception to ‘‘consumer credit’’ under 32 CFR 232.3(f)(2)(ii) because § 232.8(f) 58840, 58841.

Security 60

Security Analysis Regulation Lending 60

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

PYMNTS

FEBRUARY 21, 2018

Ubin was first announced in 2016 with the central bank launching a partnership with blockchain company R3. Financial regulators may want to begin looking at not only regulating blockchain, but how blockchain can help in their own regulatory efforts — in this case, to ensure proper safeguards and controls in the banking sector.

blockchain 130

blockchain Los Angeles Regulation Oregon 130

ZootBlog

JUNE 8, 2016

It also prevents some loan features, such as prepayment penalties and securing a loan with a personal check or bank account access. However, the original act only applied to payday loans, tax refund anticipation loans, and vehicle title loans. If not already planning, starting now can avoid a rush to the October 3, 2016 deadline.

Lending 60

Lending Regulation Taxes Security 60

PYMNTS

DECEMBER 10, 2018

The unit, which was based in the British Virgin Islands, was part of the bank’s Global Trust Solutions (GTS) business, which had been for sale since 2016. The business was handling trusts in low-tax locations like Germany and the Virgin Islands. In October of 2017, a deal was reached to sell the unit to N.T.

Virgin Islands 167

Virgin Islands Taxes America Report 167

Independent Banker

SEPTEMBER 22, 2015

In June, five federal agencies (including FDIC, Office of the Comptroller of the Currency and the Federal Reserve) announced approval of a final rule that modifies regulations applying to loans secured by properties located in special flood hazard areas. taxes and insurance. Escrow obligations.

Regulation 70

Regulation Policies Community Bank Taxes 70

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. The nice people at Westminster eForum invited me along to give one of the talks at their Digital Payments event at the Royal Society in London.

Trends 39

Trends Payments Millennials blockchain 39

FICO

DECEMBER 21, 2016

To help in those efforts, regulators are requiring firms to improve their KYC programs with more detailed data and advanced analytics. Today, it’s really only Tier 1 banks that use analytics in AML, KYC and tax compliance areas. Kibble, Homeland Security Investigations regional attaché to the Netherlands for the U.S.

Compliance 40

Compliance Analytics Taxes Groups 40

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

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). Brussels the third wealthiest region in terms of GDP per capita due to this number being twice as high as the European average. However, there are some challenges that startups operating in Brussels do have to overcome.

Capital 100

Capital Regional Innovation Fintech 100

PYMNTS

OCTOBER 14, 2019

So went the narrative, which formed the central thesis of a study about the regulated taxi industry in the City of San Francisco, which was presented to then-mayor of San Francisco and now Governor of California Gavin Newsom. How much less is unknown – there hasn’t been a medallion sold in San Francisco since 2016.

San Francisco 178

San Francisco New York Study Industry 178

FICO

MARCH 13, 2017

Some hard evidence that it’s not enough came in 2016, when the so-called Panama Papers leak revealed that thousands of people worldwide owned a shell company in one of the countries covered. No one wants to read that their bank is supporting tax avoidance or money laundering by the use of a shell company in an offshore. Absolutely.

Taxes 45

Taxes Regulation Company Compliance 45

FICO

MARCH 31, 2016

During this period of Congressional gridlock, much of the activity in Washington DC impacting the financial services industry remains focused on the development and implementation of new regulations. Here’s a very brief overview of what we’ll cover: Stress testing is a key area of emphasis for regulators around the globe.

Compliance 40

Compliance DC Washington Regulation 40

Jeff For Banks

NOVEMBER 1, 2017

They have seemed fairly nervous about their large balance sheet, so in September, 2017, they announced that they would allow bonds to mature or pay off in October- by $4 billion in Agency mortgage backed securities and $6 billion in Treasuries, for a total of $10 billion. Tax cut and tax reform proposals have been floated.

Marketing 60

Marketing Taxes DC Community Bank 60

PYMNTS

APRIL 30, 2018

In this world, the only things certain are death and taxes. trillion; on security-related hardware, software and services at 10 percent a year from a 2018 base of $91.4 Launched in October of 2016 , Marcus is Goldman’s $2 billion annual hedge on threats to its core commercial banking and trading businesses. Benjamin Franklin.

Fintech 183

Fintech blockchain Lending Digital Banking 183

NCR

DECEMBER 18, 2015

A pilot phase for the Identity Verification Service will start in mid-November 2015 and run until February 2016, with payment service providers (PSPs) invited to take part. The possible use scenarios for this are endless, from performing a simple age check when buying alcohol online to filling out tax returns and applying for a passport.

Data 40

Data social media Online Security 40

PYMNTS

JULY 15, 2016

According to the Brewers Association’s May/June 2016 edition of The New Brewer magazine, the U.S. It also deals with shipping logistics, like securing refrigerated containers, organizing pickup and dealing with insurance. It’s a challenging market to enter, and alcohol regulations are challenging,” Long explained.

Puerto Rico 100

Puerto Rico Michigan Branding Marketing 100

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

Other things like Compound are essentially a securities lending marketplace?—?you This financial commitment also performs the function of securing the historic accuracy of the data on the chain itself, like electricity-consuming mining does in Bitcoin. something between equity voting and dividend yield). Is that likely?

blockchain 52

blockchain Bitcoin Software Lending 52

PYMNTS

AUGUST 22, 2016

In his brand new book, “ The Curse of Cash ,” Rogoff also devotes a fair number of his pages to Central Banks’ inability to regulate monetary policy because, among other things, there’s too much cash being hoarded by people who are, by and large, engaging in bad behavior with it. It’s August 22, 2016, and by most accounts, summer is over.

Payments 100

Payments Bitcoin Cards Taxes 100

CB Insights

OCTOBER 26, 2020

This regulation reduced trading profits and created a need to cut costs, spurring investment banks to spin off unprofitable divisions or eliminate them entirely. And across equity research and sales & trading, poor performances and new regulations have led to widespread layoffs as banks have figured out they can do more with less.

Management 78

Management Capital Company Marketing 78

CB Insights

FEBRUARY 13, 2020

These APIs handle everything from acceptance and processing to settlement and reconciliation, while ensuring compliance and security. This process also comes with hurdles like regulations, fees, compliance standards, and payment card issuers — all of which become increasingly complex for international transactions.

Online 98

Online Company Retail Payments 98

Gonzobanker

DECEMBER 19, 2017

Heavy-handed regulators. After the “fake sales” scandal of 2016, Wells was hit again with bad press on overcharging homeowners for appraisals, charging customers for unwanted auto insurance, and cooking records to charge more rate-lock fees to borrowers. Biggest Branch ITM User Award : The Security Guard. Payments chaos.

Conference 114

Conference Industry Community Bank Community 114

Fintech Labs Insights

JANUARY 8, 2017

. “In the longer term, it can be applied to enhance the security, speed, cost, and efficiency of a massive range of transaction-based banking functions which currently rely on traditional legacy process.” “What is important, in Poland, due to tax regulations, a popular and economical form of car financing is leasing.

Fintech 12

Fintech blockchain Technology Lending 12

Abrigo

DECEMBER 15, 2016

This trend of focusing on commercial lending for portfolio growth seems to be gaining, as reflected in a 2016 poll by Sageworks where 42 percent of respondents said they would be focused on CRE lending for portfolio growth in 2017, while 39 percent said C&I would be the core of their growth strategy. Small businesses are seeking credit.

Lending 150

Lending Millennials Study Survey 150

CFPB Monitor

SEPTEMBER 8, 2016

The Department of Defense (DoD) has issued an interpretive rule to assist the industry in complying with its July 2015 final rule amending the Military Lending Act’s implementing regulation. On September 20, 2016, from 12 p.m. ” More information about the webinar and the registration form is available here. .”

Compliance 60

Compliance FDIC Security Regulation 60

PYMNTS

MAY 24, 2016

And while the points of friction are myriad — and have been documented, in all their colorful wonder, across the pages of PYMNTS in 2016 — there seems to be one thing that everyone involved in the debate agrees on, and that is The Pew Charitable Trusts’ numbers. But, Bourke says, that is not how it works out 80 percent of the time. “On

Lending 103

Lending FDIC Maine Regulation 103

PYMNTS

OCTOBER 11, 2019

Proponents in the government and private sectors note that the wide use of facial recognition technology — particularly when paired with India’s national biometric ID system — is critical to both the Indian economy’s entry into the modern digital era of financial services and commerce and protecting citizen and national security.

Detroit 116

Detroit National System Technology 116