PYMNTS

MAY 3, 2018

Tax reform played a key role for several corporate successes in the first quarter of 2018. “The optimism generated from corporate tax reform seems to have done little to persuade organizations to spend their cash during the early months of 2018,” Kaitz said in a statement. and China, has increased tensions with U.S.

Taxes 100

Taxes Analysis Washington Report 100

Abrigo

JUNE 27, 2023

Regulations such as Geographic Targeting Order updates help identify AML risks by requiring identification for certain real estate purchases. The limited regulation around the real estate industry has made it especially easy for these bad actors to cycle their dirty money into the financial system using this avenue.

El Paso 195

El Paso Miami United States New York City 195

PYMNTS

DECEMBER 27, 2016

PYMNTS consulted 21 payments executives from across the industry to share their insights on the biggest takeaways from 2016 as part of the “Payments 2016, The Year Of…” eBook. Payments 2016: The Year Of The Emergence Of The Global Citizen. 2016 saw more people transacting across borders in larger sums than ever before.

Payments 113

Payments eBook Regional Study 113

PYMNTS

AUGUST 14, 2019

New Zealand tax authorities published a ruling this month that includes guidance for employers that wish to pay their staff in cryptocurrency. Tax regulators noted that businesses can use foreign exchanges to facilitate their crypto payments, and offered guidance on how to calculate PAYE taxes and levies when paying in crypto. “If

cryptocurrency 134

cryptocurrency Taxes Bitcoin blockchain 134

PYMNTS

MAY 3, 2016

This is proving particularly true for more and more cash-strapped states that have spent years staring at soaring traffic for online retailers but little — if any — increases in the taxes reaped from this digital, transcontinental economy. Fields, chair of Morrison & Foerster LLP’s state and local tax group, told Bloomberg BNA.

South Dakota 100

South Dakota Taxes Online North Dakota 100

CFPB Monitor

AUGUST 4, 2016

The CFPB has issued its 2016 Plain Writing Act Compliance Report. In the new report, as in previous reports, the CFPB states that while the PWA does not apply to regulations, it generally provides summaries written in plain language at the beginning of proposed or final consumer protection regulations. ”

Compliance 60

Compliance Report Regulation Taxes 60

FICO

DECEMBER 21, 2018

Despite the Panama Papers leak of 2016 , and the Paradise Papers and Bahamas leaks that followed, some banks still didn’t get the message. These leaks disclosed a large number of people who run businesses in an offshore country, in many cases to illegally avoid tax payments. appeared first on FICO.

Taxes 40

Taxes Compliance Regulation System 40

CFPB Monitor

JULY 6, 2016

In its Summer 2016 Supervisory Highlights , which covers supervision work generally completed between January and April 2016, the CFPB highlights violations found by its examiners involving automobile origination, debt collection, mortgage origination, small-dollar lending, and fair lending. million to more than 257,000 consumers.

Lending 68

Lending Regulation Compliance System 68

PYMNTS

FEBRUARY 24, 2020

In Europe, the continued evolution of data policies and regulation now point toward a single market across the Continent. There is also a proposal for getting rid of EU regulations against anti-competitive data sharing. “We Breton said the plan’s cornerstone calls for the creation of a €2 billion EU cloud platform alliance.

Data 130

Data Marketing Taxes Regulation 130

PYMNTS

APRIL 18, 2016

Ant meets these requirements comfortably, as well as the regulation that, to IPO, a firm must generate accumulated cash flow of at least 50 million yuan or post a total of 300 million yuan for revenue in the latest three years. percent of the finance arm’s pre-tax earnings until it acquires the stake, the filing said.

New York 100

New York Taxes Maine Groups 100

PYMNTS

FEBRUARY 23, 2018

As noted by Reuters , and, in an additional statement from Citigroup, the banking giant — which is the third-largest card lender in the United States in 2016, according to the Nilson Report — disclosed the extent of the impact: 1.75 million accounts have been affected and $335 million is being refunded to consumers.

Cards 109

Cards United States Regulation Taxes 109

PYMNTS

OCTOBER 31, 2019

Regulators must approve it as well. The bank has had a tumultuous 2019, facing increased attention from regulators as well as scrutiny from investors, who are concerned about bad loans , lack of lender regulation and availability of capital. The deal is still awaiting approval by the bank’s shareholders and the board.

Regulation 100

Regulation Taxes Maine Capital 100

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

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

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

Abrigo

FEBRUARY 10, 2022

Since 2016, three serious document leaks have made international news and exposed the activity of powerful political elites or wealthy individuals who used shell companies to disguise the source of funds and avoid taxes. BSA Rules and Regulation. BSA Rules and Regulation. BSA Rules and Regulation. Keep Me Informed.

Training 195

Training Regulation Report Compliance 195

PYMNTS

SEPTEMBER 14, 2018

As noted by Reuters , and in an additional statement from Citigroup, the banking giant — which was the third-largest card lender in the United States as of 2016, according to The Nilson Report — disclosed the extent of the impact: 1.75 billion that had been tallied at the end of the September quarter.

United States 134

United States Taxes Regulation Cards 134

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

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

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

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

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

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 That number is down from the $988 million raised in 380 rounds in 2017 and the $1 billion in 430 rounds raised in 2016. Part of the problem is a law in India stating that about a third of the money raised from angel investors must be paid as tax. In 2017, Indian startups got $10.4

Company 162

Company Taxes Innovation Capital 162

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

DECEMBER 19, 2019

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.”. The CJEU in 2016 designated Uber as a transportation service, not a tech platform. The suit was brought by AHTOP , a tourist association in France.

Taxes 130

Taxes Regional Online Industry 130

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. First, these measures are likely to be directly influenced by the market reaction to regulators’ actions. Marco Bardoscia, Benjamin Guin and Misa Tanaka.

Capital 96

Capital Policies Tools Regulation 96

PYMNTS

DECEMBER 8, 2016

company looking to do work abroad, it means you can’t ignore these various regulations, either. “If you want to roll out eInvoicing across your global enterprise, you need to be mindful of these different regulations in different parts of the globe that you need to be in compliance with,” he said. . In the U.S.,

Compliance 100

Compliance Regulation Taxes Fraud 100

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

JUNE 8, 2016

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). Those bodies can then issue mandates for corporations to submit and exchange invoices electronically, for tax purposes.

America 100

America Taxes Tools National 100

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

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

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). European Investment.

Google 124

Google social media Regulation Course 124

PYMNTS

JULY 14, 2016

As alcohol laws vary by country, Brew Export needs to ensure it fully understands the regulations surrounding labels and taxes for each market. It’s a challenging market to enter and alcohol regulations are challenging,” Long explained. percent between 2016 and 2020. eCommerce opens borders.

Study 100

Study Regulation Taxes Marketing 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

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

ZootBlog

JUNE 8, 2016

However, the original act only applied to payday loans, tax refund anticipation loans, and vehicle title loans. The new MLA regulations significantly expand the applicable consumer credit products, along with several other key changes. If not already planning, starting now can avoid a rush to the October 3, 2016 deadline.

Lending 60

Lending Regulation Taxes Security 60