PYMNTS

JANUARY 24, 2020

Government disbursements can range from child support payments and annual tax returns to pension and retirement fund payouts. The IRS has accepted digitally filed tax documents and issued digital refunds for years, and it received approximately 29 million electronic returns via direct deposit between February 2018 and February 2019.

Payments 130

Payments US Fraud Innovation 130

Independent Banker

MARCH 31, 2022

Treasurer Sarah Getzlaff, CEO, Security First Bank of North Dakota, New Salem, N.D. We must also keep our focus on protecting the 2017 tax cuts and, as always, monitoring and confronting credit union overreach. We need to make sure people remember that and have it reflected in laws and regulations that affect our industry.

Community Bank 239

Community Bank Community Industry Texas 239

PYMNTS

MARCH 4, 2019

According to a report in Reuters , citing Finnish broadcaster Yle, which had access to leaked documents, the money came from companies registered in countries with tax havens, including the British Virgin Islands, Panama and Belize. The investment firm rates Nordea at underperform.

Virgin Islands 116

Virgin Islands Taxes Regulation Regional 116

PYMNTS

JANUARY 4, 2019

In 2017, Indian startups got $10.4 These were OYO Rooms, a hospitality company, which raised $1 billion in September, and food delivery company Swiggy , which also secured a cool billion. Chinese funders were part of 43 funding rounds, which is up from 29 in 2017 and 25 the prior year. billion in funding – the most ever.

Company 162

Company Taxes Innovation Capital 162

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

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

PYMNTS

JANUARY 19, 2017

The FCA regulatory approval will enable us to meet the growing demands of our global partners and clients who require accessibility to efficient fund flows and secure cross-border payments between the U.K. “We are delighted to receive the FCA approval for our operations in the United Kingdom. and China.”.

Payments 100

Payments Meeting Taxes Security 100

PYMNTS

JANUARY 31, 2018

It has also been a weight on the price of bitcoin, which has seen its prices struggle in early 2018 after explosive growth capping off 2017. There is no intention to ban or suppress the cryptocurrency (markets),” Kim said, adding the government’s immediate task is to regulate exchanges.

cryptocurrency 120

cryptocurrency Bitcoin Regulation Taxes 120

PYMNTS

JANUARY 8, 2020

Call it, perhaps, a New Year’s Resolution list — for regulators. 8), the Securities and Exchange Commission ’s (SEC’s) Office of Compliance and Examinations (OCIE) offered up a list of its priorities for the year that has just dawned. In documents released Tuesday (Jan.

blockchain 138

blockchain Phoenix Compliance cryptocurrency 138

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

JANUARY 10, 2018

The blockchain hype certainly hasn’t risen without catching the attention of regulators. Reports noted the efforts echo those seen in Nevada, with one bill that aims to “prohibit cities and villages and counties from taxing or otherwise regulating the use of distributed ledger technology.”. Regulatory Moves.

blockchain 101

blockchain Nebraska Bitcoin cryptocurrency 101

PYMNTS

MARCH 5, 2019

tax authority, HM Revenue & Customs (HMRC), conducted a week-long investigation into 50 estate agents suspected of trading without being registered. million over 2017 to 2018. According to Financial Times ( FT ), the U.K.

Compliance 134

Compliance Training Taxes National 134

PYMNTS

JANUARY 22, 2018

There is another market segment, however, that similarly struggles to secure this Goldilocks effect, with products that aren’t too small and aren’t too large: the middle market. ” What is clear, though, is that demand for T&E technologies is on the rise.

Management 116

Management Compliance Taxes Marketing 116

PYMNTS

APRIL 2, 2018

On the global stage, bitcoin fell below $7,000 to just above $6,800, and Ripple slipped to its lowest price since the end of 2017. Here in the United States, tax season looms, of course, which may put additional pressure on cryptos. One catalyst: Reuters reported that China’s central bank is eyeing a “crackdown” on virtual currencies.

United States 110

United States social media Arizona cryptocurrency 110

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. Assistance in cyber security measures, such as "Describe the 2021 Kaseya ransomware attack."; The tool is still new and evolving.

United States 78

United States US Cyber Security Taxes 78

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

ZootBlog

JUNE 8, 2016

In July 2015, the Department of Defense (DoD) passed major changes to the Military Lending Act (MLA) with target compliance dates of October 3, 2015 and October 3, 2017. The 2017 date applies only to credit cards. However, the original act only applied to payday loans, tax refund anticipation loans, and vehicle title loans.

Lending 60

Lending Regulation Taxes Security 60

PYMNTS

DECEMBER 10, 2018

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. 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.

Virgin Islands 167

Virgin Islands Taxes America Report 167

BankUnderground

OCTOBER 26, 2021

Moreover, the national currency belongs to the people, and the state’s role is to regulate it to benefit the people. This is done by ensuring money is produced according to the strictest standards and avoiding manipulating it to the king’s benefit ( inflation tax ). Lesson from the Medieval French monetary experience.

Policies 109

Policies Taxes Maine National 109

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

JUNE 14, 2018

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. . That figure rose to 10,000 last year.

Fraud 109

Fraud Taxes Resources National 109

PYMNTS

DECEMBER 27, 2016

The world of global payments is evolving rapidly — driven by an increasingly global economy, expanding consumer buying power in regions like Asia and South America, rising adoption of digital payment methods and increasing concerns over security and transparency. Security is also important. And we expect more of the same in 2017.

Payments 113

Payments eBook Regional Study 113

Jeff For Banks

FEBRUARY 3, 2018

At September 30, 2017 there were 5,737, a 16% decline. There were 166 mergers, and four new charters in the first three quarters of 2017. And I have never heard a regulator say the phrase "over capitalized". In 2017, NIMs ranged from a high of 3.8% Provision, and income taxes. Where are we and where have we been?

Taxes 60

Taxes Regional Industry Trends 60

PYMNTS

SEPTEMBER 9, 2016

You might, when you find out that they were the first to file for a bitcoin Exchange-Traded Fund (ETF) with the Securities and Exchange Commission (SEC). Perhaps not a scalable option in terms of security, but some bitcoin aficionados are finding ways to store coins offline, outside of a central exchange. And do you care?

Bitcoin 100

Bitcoin cryptocurrency Security Taxes 100

PYMNTS

JANUARY 20, 2017

The past few days have seen bitcoin rising at a similar rate seen in late December and into early 2017. The CBN cited the volatility, anonymity and lack of regulation as reasons why digital currencies are “susceptible to abuse by criminals, especially in money laundering and financing of terrorism.” Only 9 percent were in the pro camp.

Bitcoin 100

Bitcoin Taxes Security Operations 100

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? But they won’t stop there.

Marketing 60

Marketing Taxes DC Community Bank 60

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

PYMNTS

OCTOBER 10, 2017

The 2017 report , released Monday (Oct. Emerging Asia is seeing ongoing traction for payment cards in the corporate sphere as companies turn to commercial cards for more secure supplier payments. Multinational banks and corporations seek better industrywide standardization and harmony among regulations,” he said in a statement. “As

Payments 124

Payments Regional America Trends 124

PYMNTS

NOVEMBER 7, 2019

percent tax on foreign merchant transactions by using local payment methods. For this and other reasons, many favor making payments via a Brazilian Federation of Banks-regulated domestic system called Boleto Bancário. Brazilian consumers particularly benefit from domestic options, as they evade a 6.38

Online 100

Online Payments Cards Fraud 100

PYMNTS

FEBRUARY 10, 2017

The World Bank ranked Belgium as the seventeenth best country in which to do business in 2017, out of 190 regions. Brussels is home to numerous international institutions, including EU Parliament, the European Commission and the Council, NATO, Eurocontrol and many more. It was also ranked in first place for trading across borders.

Capital 100

Capital Regional Innovation Fintech 100

CB Insights

DECEMBER 15, 2020

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. As profits are squeezed by growing regulation and client acquisition costs , the global wealth management industry is seeing increased consolidation. Source: Bloomberg.

Management 87

Management Fintech Industry Trends 87

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 18, 2019

The regulator notified NACHA that they need more time to evaluate required changes to their system before giving it the green light. In its final report, published in January of 2017, the Fed expressed its support of the collectively developed faster payments framework in the U.S., This delay was initiated by the Fed. 13, 2018.

Payments 201

Payments Cards Operations System 201

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. trillion in Agency mortgage backed securities.

Marketing 60

Marketing Community Bank Security Data 60

Lex Sokolin

AUGUST 5, 2019

Capital One recently suffered a data breach resulting from poor security practices that exposed 100 million credit card applications and accounts. Two years back, Equifax lost 140 million identities, again from poor security practices. There is a lazy thing to say, and I said it in 2017 about Equifax. Here is our factbase.

Data 40

Data Security System US 40

Lex Sokolin

AUGUST 5, 2019

Capital One recently suffered a data breach resulting from poor security practices that exposed 100 million credit card applications and accounts. Two years back, Equifax lost 140 million identities, again from poor security practices. There is a lazy thing to say, and I said it in 2017 about Equifax. Here is our factbase.

Data 40

Data Security System US 40