PYMNTS

SEPTEMBER 26, 2018

Earlier this year, CoinDesk data revealed more money was raised via ICO in the first quarter of 2018 than in the entirety of 2017, totaling $6.3 He is also CEO of his new venture Genesis , a company formed to provide consulting and asset management services in the context of cryptocurrencies. billion raised via ICO in July.

Management 164

Management cryptocurrency blockchain Regulation 164

PYMNTS

JANUARY 3, 2020

In an interview with PYMNTS, Liz Armbruester, senior vice president of Global Compliance at Avalara , said 2019 represented a watershed year for tax compliance as states embraced the economic nexus model and passed marketplace facilitator laws. Imposing state taxes on out-of-state sellers is now the new normal, she said.

Online 132

Online Taxes Compliance Missouri 132

PYMNTS

NOVEMBER 5, 2018

Ant Financial , the Chinese FinTech giant and an affiliate of Alibaba Group , posted an earnings pre-tax loss of 2.4 The Wall Street Journal ( WSJ ), citing Ant, reported that the company had a pre-tax profit of 5.3 Ant operates Alipay, the digital payment service in a battle with Tencent ‘s WeChat Pay for dominance in China.

Taxes 134

Taxes Lending Operations Marketing 134

PYMNTS

APRIL 16, 2018

tax reform, and strong economic growth around the globe is also benefitting these players. This week’s B2B Data Digest examines the numbers released by the institutions for Q1 2018, highlighting the role corporate and wholesale banking operations did (or did not do) to support an overall impressive quarter. JPMorgan Chase.

Taxes 100

Taxes Lending Operations Data 100

PYMNTS

NOVEMBER 14, 2018

13) after surveying finance professionals who attended the Association for Financial Professionals’ 2018 Treasury & Finance Conference held last week, according to a press release. On a broader scale, just 13 percent of professionals said international trade agreements and tariffs are having the greatest impact on their operations.

Survey 115

Survey Strategy Conference Taxes 115

Jeff For Banks

DECEMBER 13, 2018

But once they turned things around they took their deferred tax asset back onto their books and did three acquisition. The Bank operates five full service offices. It also operates 13 Home Loan Centers in Oregon and Idaho. The bank operates twelve branches, eleven in California and one in Nevada. Oregon Bancorp, Inc.

Oregon 101

Oregon Ohio California Community Bank 101

CB Insights

OCTOBER 21, 2018

The 2018 Fintech 250 have raised approximately $53B in aggregate funding across 947 deals since 2013, and includes startups at different investment stages of development, from early-stage (seed/Series A) companies to well-funded unicorns. Outside the US: 44% of the 2018 Fintech 250 are based outside the US. Please click to enlarge.

Fintech 78

Fintech Lending Capital Analytics 78

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. Get the free 64-page download to learn how industries are using tech to reimagine nearly every facet of their operations. First name. Company Name. Phone number.

Management 87

Management Fintech Industry Trends 87

Independent Banker

FEBRUARY 24, 2015

During my 20-plus years of dealing with community bankers, either as an investment strategist, sales rep or business-development manager, I have come to understand that certain buzz words fall on deaf ears. tax-equivalent yield, 2.) Professionals’ benchmark. What is total return? We only need three ingredients to make the calculation.

Management 70

Management Community Bank Community Comparison 70

PYMNTS

DECEMBER 15, 2017

The survey also found that the role of the CFO at mid-market firms is evolving from one that focuses on managing company financials to one with added responsibilities of helping to form company strategies, identifying new opportunities and expanding their companies’ use of technology. ” .

Marketing 116

Marketing Payments Survey Taxes 116

PYMNTS

SEPTEMBER 3, 2019

Europe’s The Restaurant Group (TRG), which operates over 650 restaurants and pubs across the country, is closing 150 eateries, Financial Times reported on Tuesday (Sept. million pre-tax loss for the first half of this year. In 2018, there were 1,442 restaurant insolvencies, an increase of 40 percent from the prior year.

Groups 109

Groups Taxes Branding Study 109

PYMNTS

JANUARY 25, 2018

The solution provides automated accounting and tax management for its entrepreneur clients. Reports also noted that Countingup will focus on building awareness among small businesses about the importance of financial management. The accounting functionality will be rolled out throughout 2018,” the executive added.

Marketing 109

Marketing Taxes Google Fintech 109

PYMNTS

MAY 29, 2019

The firms revealed plans to pool their resources and industry expertise to broaden small business lending operations and add equipment financing to the BitX Funding platform. Pelagic operates as a direct lender as well as a collaborator with dealers to help small businesses obtain non-bank equipment financing.

Capital 128

Capital Lending Taxes Analysis 128

PYMNTS

APRIL 30, 2018

Fifty-four percent of small business owners say they are optimistic about the national economy , found Bank of America’s 2018 Business Advantage Small Business Owner Report. More than 90 percent of survey respondents said they feel the government did not adequately prepare the small business community for the new tax code.

Taxes 144

Taxes America National Community 144

PYMNTS

MAY 21, 2018

Supported by a community of more than 300,000 developers, the Magento partner ecosystem provides thousands of pre-built extensions for functions such as payments, shipping, tax and logistics. Until the close of the transaction, each company will continue to operate independently.

Community 114

Community Taxes Branding Groups 114

PYMNTS

JUNE 23, 2017

Ant Financial, the financial arm of Alibaba specializing in wealth management, nearly doubled its profit during its 2017 fiscal year in part because of its mobile payments feature. Ant Financial operates Alipay, the popular mobile payments service in China. Ant Financial operates Alipay, the popular mobile payments service in China.

Mobile 115

Mobile Taxes Analysis Payments 115

PYMNTS

AUGUST 24, 2017

Financial management software company Intuit has chosen a new chief financial officer. 23) that Michelle Clatterbuck, current senior vice president of finance for Intuit’s consumer tax group, and current acting finance leader for Intuit’s small business group, will assume the role of Intuit CFO starting Feb.

Leadership 100

Leadership Taxes Groups Operations 100

PYMNTS

MARCH 14, 2019

Unfortunately, the report found, recent tax reform in the U.S. tax reform to provide a significant benefit, nearly half said in 2019 that there has been no significant impact on their companies at all. Only 15 percent said tax reform boosted their total income, while 12 percent said financial performance has improved.

Fraud 115

Fraud Survey Taxes Regulation 115

PYMNTS

FEBRUARY 6, 2019

Toyota has announced the official launch of KINTO, a new company to manage and operate its car subscription service. Both are monthly fixed-sum services that include insurance payments, vehicle taxes, registration charges and regularly scheduled maintenance of the vehicles. KINTO SELECT will launch on Feb.

Taxes 108

Taxes Branding Company Operations 108

PYMNTS

APRIL 1, 2019

workforce (36 percent) participated in the gig economy during 2018. Companies are also turning to digital marketplaces to tap into workers’ expertise while lowering operating costs. . A December 2018 survey from Connect Solutions found that this kind of remote employment offers perks for both workers and employers.

Payments 183

Payments Survey Online Company 183

PYMNTS

SEPTEMBER 25, 2019

Project managers and construction workers often have to manage their funds, operating budgets and other related expenses themselves, and losing track of any of these components can increase the time to project completion and final costs. A lack of access to spend management tools can add further delays and expenses.

Tools 108

Tools Management Software Training 108

PYMNTS

FEBRUARY 14, 2018

He reminded investors that the firm, which had a very rocky start in 2017, managed to end the year with its effective interest yield up by over 200 basis points and its net charge-off rate down by over 100 basis points. We believe OnDeck now has the right foundation from which to drive profitable growth and shareholder value.”. What’s Next.

Taxes 101

Taxes Lending Risk Management Report 101

PYMNTS

FEBRUARY 1, 2018

Or, to put it more accurately — the two firms announced yesterday (January 31) that eBay would be stepping into the official role of managing the payments flow between buyers and sellers that PayPal has held for more than a decade and a half. eBay becomes approximately four percent at the end of the operating agreement [in 2020].

Taxes 102

Taxes Operations Management Payments 102

PYMNTS

DECEMBER 18, 2018

The tax man cometh, logging miles — in a manner of speaking. The mileage rate increase should spur businesses to consider how they reimburse the drivers who are part of everyday business operations, especially in the age of the mobile (literally) worker. 58 per mile, up three and half cents from 2018’s rate. On Friday (Dec.

Compliance 148

Compliance San Francisco Operations Taxes 148

PYMNTS

NOVEMBER 6, 2018

Taxes, minimum wage, global trade tariffs — there are a lot of regulatory changes weighing heavily on the minds of U.S. Mordis pointed to CVS’s acquisition of pharmacy benefits manager Caremark in 2006, while just last month CVS received approval from the U.S. small business owners.

Capital 130

Capital Iowa Management Community 130

Abrigo

JUNE 10, 2020

The former Chief Operational Risk Officer was fined for insufficient action on AML program deficiencies and staffing issues. FinCEN in coordination with the Office of the Comptroller of the Currency (OCC) in February 2018 issued a $185 million civil penalty against U.S. The recent $450,000 fine of U.S.

Resources 195

Resources Regulation Compliance Policies 195

PYMNTS

AUGUST 25, 2017

The deal is slated for completion in early 2018, the firms said in a joint statement. Other products that now fall under InComm’s purview as processor and program manager include business-to-business rewards and tax disbursement cards. . InComm is a tech firm which activates credit cards at the point of sale.

Cards 100

Cards United States Taxes Operations 100

PYMNTS

JANUARY 17, 2019

As innovative technologies move down stream, small and medium-sized businesses are poised to benefit significantly from being able to customize a flexible payroll and human capital management (HCM) program. Employees and a shifting talent landscape have introduced the demand for payroll flexibility. ” In the U.S.,

Capital 173

Capital Tools Survey Management 173

PYMNTS

JULY 13, 2018

The current quarter included a 10-cent per share income tax expense. . Officials said non-interest income was down $684 million from the first quarter of 2018, to about $9 billion in the second quarter, citing lower mortgage banking fees and other income. per share, while earnings came in at 98 cents. Revenue fell to $21.6

South Dakota 101

South Dakota San Francisco Indiana Wisconsin 101

PYMNTS

NOVEMBER 2, 2018

After Halloween comes the lucrative holiday shopping season — sorry, Thanksgiving, but you’re only a speed bump — but there are serious questions about how happy the fourth quarter will be for some big eCommerce operators. Management says that the warehouse infrastructure is in excellent shape for the holidays.”. retail websites.

Apple 130

Apple Retail Maine United States 130

CFPB Monitor

JANUARY 9, 2020

The FRBNY began publishing the SOFR in April 2018 and the working group convened by the Federal Reserve Board and FRBNY to address the transition from LIBOR has recommended it as a replacement for LIBOR. A process and plan for operational readiness, including related accounting, tax and reporting aspects of such transition.

Regulation 78

Regulation New York Management Taxes 78

PYMNTS

APRIL 12, 2019

Robotics and automation were areas of focus for both retailers this week as they seek to upgrade their operations in an effort to capture more consumer spend. Walmart started testing two years ago and added a small number of robots to some stores in 2018. told Adweek. Those remodels will add on to the roughly $2.2

Taxes 100

Taxes Retail Columbus Operations 100

Gonzobanker

MAY 31, 2019

billion, respectively, to small businesses in 2018, PayPal is now the largest online small business lender in the United States, with over $4 billion funded in 2018. billion to small businesses in 2018, up nearly 36% over 2017 and double that of 2016. While online lenders Kabbage and OnDeck lent $2 billion and $2.5

Lending 136

Lending Community Bank Community Data 136

PYMNTS

MARCH 2, 2018

Toward the start of 2018, analysts began to highlight the potential for venture capital (VC) to embrace the B2B business model. and India drove a surge in FinTech venture capital funding in 2017, and Accenture Financial Services Senior Managing Director Julian Skan pointed to the B2B business model as a significant presence in this trend.

Fintech 118

Fintech Capital blockchain Lending 118

PYMNTS

MARCH 18, 2019

Last week, NACHA issued an ACH operations bulletin announcing the delay of the rollout of a third Same Day ACH (SDA) processing window by six months, to March 19, 2021. Also keen on the Fed’s involvement were the community banks and credit unions that worry (as they should) about having TCH as the only operator of an RTP network in the U.S.

Payments 201

Payments Cards Operations System 201

PYMNTS

SEPTEMBER 12, 2019

Between 2008 and 2018, approximately $26 billion worth of fines were levied against banks for AML, KYC and sanctions noncompliance. Regulators are increasingly taking note, with some seeking to improve AML and anti-tax evasion efforts by prohibiting anonymous crypto transactions. financial services firms is $26.4 imposed a full $23.52

cryptocurrency 116

cryptocurrency Regulation Compliance blockchain 116

ForwardBanker

NOVEMBER 20, 2019

The mergers and acquisitions (M&A) train that left the station in 2018, fueled by things like tax reform, interest rates inching up, and FI-friendly regulation keeps on chugging along. American Banker reports that the pace of M&A slowed slightly in 2019, but even so, more than 180 mergers were announced as of the end of.

Training 44

Training Taxes Regulation Report 44