Gonzobanker

DECEMBER 19, 2017

Heavy-handed regulators. Endless CRM and data management projects that shook our foundations and gutted our PMOs. The Jump the Shark Moment of 2017 Award – Goes to Aspiration , the challenger bank started by a former Bill Clinton speech writer with $47 million in funds from celebrities and celebrity investors. Payments chaos.

Conference 101

Conference Industry Community Bank Community 101

PYMNTS

JUNE 14, 2017

Tax and accounting compliance can be an overwhelmingly monumental task as companies expand their geographic footprint. Analysts agree that a company should work with partners, advisors and technologies that can help them manage their compliance demand across borders. There are also an “extremely high number” of tax rules.

Compliance 146

Compliance Marketing Taxes Groups 146

PYMNTS

OCTOBER 31, 2019

Regulators must approve it as well. Yes Bank is a private-sector bank that mainly operates as a corporate bank, but it also does asset management and retail banking. The Bombay Stock Exchange’s Sensex index also saw record highs, with a rally of more than 40,300 points due to a corporate tax cut and other business-boosting reforms.

Regulation 100

Regulation Taxes Maine Capital 100

CB Insights

DECEMBER 15, 2020

Change has been long overdue for the wealth management industry, which is facing growing competition, outdated legacy tech , thinning margins , and an aging client base. Between 2017 and 2060, it’s expected that approximately $50T will change hands in what will be the largest aggregated transfer of wealth in history.

Management 87

Management Fintech Industry Trends 87

PYMNTS

DECEMBER 18, 2017

Financial management and strategy is now only part of the job description, which has come to include guiding their organizations’ tech adoption, cybersecurity efforts and growth strategy as well. Amid these changes is a world of regulatory shifts, from tax reform in the U.S. to financial reform in China and Brexit in the U.K.

Taxes 109

Taxes Survey Analysis Big Data 109

FICO

MAY 25, 2017

million digital records exposed the dark deeds of dirty money and tax evasion and burst the bubble of pretense that the world is effective at dealing with corruption. One in five banks in Asia Pacific say that they expect tax evasion to increase 100 to 500 percent over last year’s levels according to a recent poll by FICO.

Taxes 40

Taxes Survey Compliance Regional 40

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

DECEMBER 27, 2016

“Our overarching mission is to provide compliance services for small businesses, businesses that don’t have in-house attorneys or tech professionals, to provide the info that small businesses need to comply with employee management and tax reporting requirements,” said Susan Drenning, president of ComplyRight Inc.

Regulation 100

Regulation San Francisco Nebraska Trends 100

PYMNTS

FEBRUARY 1, 2021

As Camporeale told Webster, Italian banks were among the first to adopt the SEPA instant credit transfer schemes, back in November 2017. Use cases are also developing among small- to mid-sized businesses seeking to improve their cash management practices, moving money between accounts within those firms.

Payments 250

Payments Cards Taxes System 250

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

FICO

DECEMBER 21, 2016

That means 2017 should be a risky year from a compliance standpoint. 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. We expect that to change.

Compliance 40

Compliance Analytics Taxes Groups 40

Jeff For Banks

FEBRUARY 4, 2023

Additionally, the implementation of new policies by the government, such as changes to taxes and regulations, could also influence economic outlook. Vendor management due diligence, such as "Where can I find third-party reviews on the nCino loan operating system?"; The tool is still new and evolving.

United States 78

United States US Cyber Security Taxes 78

PYMNTS

MARCH 16, 2018

Certainly regulations like PSD2 and the U.K.’s Remlinger, Project Manager — Solutions for Business at foreign exchange technology firm OANDA. For OANDA, that means developing a robust foreign exchange (FX) management solution for corporate treasurers — only the company isn’t targeting treasurers directly with the tool.

Risk Management 134

Risk Management Survey Management Fintech 134

PYMNTS

MARCH 15, 2017

As of 2017 , there are 28 total states that have voted to legalize marijuana in some form for medical purposes. Naturally, investors are taking notice — though marijuana is still classified as a Schedule I narcotic by federal guidelines, and regulations in states where cannabis is legal can get complicated. and Canada.

District of Columbia 101

District of Columbia Technology Guidelines Software 101

PYMNTS

JULY 13, 2018

The current quarter included a 10-cent per share income tax expense. . Wayfair, which impacted how states may collect taxes on sales made by out-of-state sellers. . The bank has been in recovery mode in recent months, as federal regulators launched a series of investigations into consumer and commercial practices at the lender. .

South Dakota 101

South Dakota San Francisco Indiana Wisconsin 101

PYMNTS

JANUARY 19, 2017

We hold a positive outlook for the B2B cross-border potential between Europe and China in 2017 and look forward to establishing deeper partnerships with the FCA license,” he said. The executive went on to say that Geoswift is preparing to future-proof its expansion plan in Europe and embrace the growing demand for China throughout Europe. “We

Payments 100

Payments Meeting Taxes Security 100

PYMNTS

JUNE 27, 2017

Sage released the new report Monday (June 26) at its Sage Summit Toronto 2017 event. But businesses have a different outlook when it comes to government regulations. Researchers found that 51 percent said there are too many regulations and taxes, and that this poses their most common daily challenge in running a business.

Community 122

Community Survey Regulation Taxes 122

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. And we’re not just talking about cyberattacks. The report found that more than half of these breaches (55.5

Survey 100

Survey Taxes Groups Analysis 100

PYMNTS

NOVEMBER 13, 2018

Such is the case in cash flow management, according to Chief Commercial Officer Simon Lyons of The Slide App , a new mobile tool rolled out by virtual account management solutions provider Cashfac. “Your traditional bank technology only works on what’s happened,” Lyons told PYMNTS in a recent interview. In the U.S.,

Data 184

Data Fintech Mobile Analysis 184

PYMNTS

JANUARY 10, 2018

is planning to launch its own cryptocurrency, Kodakcoin, described as “a photocentric cryptocurrency to empower photographers and agencies to take greater control in image rights management.”. The blockchain hype certainly hasn’t risen without catching the attention of regulators. Regulatory Moves.

blockchain 101

blockchain Nebraska Bitcoin cryptocurrency 101

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 1, 2019

Many marketplaces act as go-betweens for firms looking to hire remote or freelance workers by offering time-tracking options to ensure correct payments, payment transfers in various currencies, communication and collaboration options, tax estimates or compliance help, healthcare options and other work-related issues.

Payments 183

Payments Survey Online Company 183

PYMNTS

OCTOBER 22, 2018

In all, losses to this emerging and increasingly occurring form of fraud reached $40 million in 2017, doubling the $20 million in losses reported 2015. They may pretend to be the IRS and tell people they cannot use other payment methods because of their delinquent tax status,” according to the FTC. Some major U.S.

Data 134

Data Fraud Cards Regulation 134

PYMNTS

APRIL 30, 2018

In this world, the only things certain are death and taxes. According to a Crunchbase article published in February of 2018, investments in blockchain and blockchain-related startups (excluding initial coin offerings, or ICOs) were already 40 percent of what they were in 2017. And in 2017, those investments were off-the-charts nuts.

Fintech 183

Fintech blockchain Lending Digital Banking 183

Jeff For Banks

NOVEMBER 1, 2017

Quarterly Financial Markets & Economic Update- October, 2017 I love this time of year. The overall forecast for GDP in 2017 is 2%. They are expected to raise the Fed Funds rate for a third time in 2017 by another 25 basis points in December, 2017. in September, 2017. What else is new?

Marketing 60

Marketing Taxes DC Community Bank 60

PYMNTS

APRIL 26, 2019

There are also the challenges of supplier management, tax legislation, cross-border compliance, worker protection and more. Walmart enacted its On Time In Full program in 2017, for example, which introduced harsher penalties for delayed or incomplete deliveries.).

Compliance 147

Compliance Policies Guidelines Examples 147

PYMNTS

MARCH 27, 2017

From administering traffic taxes to conversations about ridesharing services like Uber and Lyft being a hinderance, there’s no shortage of concern when it comes to road travel. billion plan to help bring traffic congestion to a more manageable level. Just last week, Los Angeles announced a whopping $5.5 project.

Las Vegas 100

Las Vegas Los Angeles System Policies 100

PYMNTS

DECEMBER 30, 2019

Merchants’ marketing departments may find bundling useful, but their accountants are less likely to see it positively — determining individual items’ tax obligations in the different states into which they are sold can be challenging, and putting offerings into bundles only magnifies complexities. Unpacking States’ Unbundling Policies .

Taxes 130

Taxes Iowa Policies Retail 130

PYMNTS

OCTOBER 10, 2017

The 2017 report , released Monday (Oct. 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.

Payments 124

Payments Regional America Trends 124

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. In the world of asset management, the biggest players are now dedicated firms like Vanguard. The disruption of asset management. Table of contents.

Management 78

Management Capital Company Marketing 78

PYMNTS

FEBRUARY 18, 2019

For those charged with managing the consumer’s trust and safety when transacting online, and in the midst of increasingly clever cybercrooks, being comfortable going against the status quo flow has become much more important than ever before, he said. I joked that I’d be a shoo-in for the job. All while keeping prices low for consumers.

Cards 169

Cards Course Study New York 169

PYMNTS

SEPTEMBER 13, 2017

There are several reasons for this, analysts say, but regardless, there is a clear need for tight cash management in the construction sector. “Because of that complexity, taxes are more complex – it’s a snowball effect. The way taxes are done in the construction industry is different than in other industries.”

Management 129

Management Taxes Industry Trends 129

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. billion at the start of the year — to $18 billion in September 2017.

Big Data 135

Big Data Data Retail Marketing 135

PYMNTS

FEBRUARY 16, 2018

PepsiCo turned some heads with its quarterly earnings call announcement that it would take some of its tax reform windfall and reinvest it in improving the firm’s eCommerce efforts. According to PepsiCo CEO Indra K. Nooyi, that decision is entirely bottom line-driven – eCommerce was good for Pepsi last year.

Retail 124

Retail Branding Mobile Strategy 124

PYMNTS

MARCH 9, 2018

consumers, it’s even worse for those outside of the country who are trying to manage it for U.S.-based 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.

Study 102

Study Payments Taxes Report 102

Jeff For Banks

JULY 8, 2017

I believe that we are in this era of weak growth, now eight years old, for the long haul unless changes are made to regulation and we stop adding debt at break-neck speed. The Fed has raised rates by 25 basis points twice so far in 2017 and has promised one more increase. million, at the end of May, 2017. The pool stands at 12.4

Marketing 60

Marketing Community Bank Security Data 60

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, 2017, and +4.2% The economy has grown 2.2% Life is good!

Marketing 60

Marketing Philadelphia Omaha US 60