PYMNTS

APRIL 22, 2020

In 2019, Payme, FinViet, EPay, PayTech, Dibee and Smart Net were granted licenses from Vietnam’s central bank. The technology holding company also has member businesses in gaming, security and financial services. . The G-Group ecosystem includes Vietnam’s social media network Gapo and P2P lending platform Tima.

Payments 154

Payments social media Groups Taxes 154

PYMNTS

OCTOBER 16, 2020

COVID-era fraudsters use scams that range from impersonating tax officials to selling fake PPE on P2P payment apps. A financial fraud attack against FIs or businesses occurred every two minutes on average in 2019, resulting in 59,627 attacks in total. The nation’s banks managed to reduce their financial crime losses by 374.3

Fraud 222

Fraud Payments Security Data 222

PYMNTS

DECEMBER 28, 2018

Innovators introduced new ways for banks to onboard their customers and manage their KYC compliance requirements, including firms like R3, which began piloting its blockchain-powered KYC solution with corporate treasurers and banks this year. ” Banks’ 2019 KYC Challenges. See what Bergal had to say below. ” .

Compliance 186

Compliance Regulation blockchain Taxes 186

Abrigo

MAY 10, 2021

Takeaway 2 Process management features of a loan origination system help manage the workflow, from analysis through closing. A loan origination system (LOS) should perform several basic functions to automate and manage the end-to-end steps in the commercial loan process. LOS process management features.

System 195

System Lending Analysis Software 195

PYMNTS

MARCH 15, 2019

Analysts say the financial struggles of small to medium-sized businesses (SMBs) are challenging the strength of the national economy, adding pressure to a market whose gross domestic product forecast for 2019 was recently cut by Mexico’s central bank. Bank credit most often goes to larger corporations or to consumers for home lending.

Lending 189

Lending Fintech National Taxes 189

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Change has been long overdue for the wealth management industry, which is facing growing competition, outdated legacy tech , thinning margins , and an aging client base. Digitization will be crucial for wealth managers looking to capture or retain this generation of clients. In turn, this is driving revenue for big banks. .

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.) percent coupon, maturing June 20, 2019. Professionals’ benchmark. What is total return?

Management 70

Management Community Bank Community Comparison 70

FICO

JANUARY 18, 2019

A Russian customer illegally laundered money through trading securities, the bank did not have proper awareness and the reputational damage was so significant that it hit the bank’s stock price. It also showed that monitoring internal activities is vital, since the bank’s employees facilitated the client’s tax evasion.

Compliance 40

Compliance Regulation Taxes Analytics 40

PYMNTS

FEBRUARY 16, 2018

tax code will help it post a profit in the not-too-distant future. The news comes as Sears is commencing private exchange offers for its outstanding unsecured notes due in 2019 and its secured notes due in 2018, according to a filing with the Securities and Exchange Commission (SEC). It won’t be easy, however.

Taxes 100

Taxes Branding Security Retail 100

PYMNTS

AUGUST 25, 2019

Developed by media group VCCorp, Lotus has already secured an initial investment of 700 billion dong ($30.4 In January, Vietnam accused Facebook of violating Vietnamese law in how it managed online content, advertising and taxes. It aims to reach 3 million users in 2019 and 20 million by January 2021. trillion dong ($52.1

social media 125

social media Taxes Groups Report 125

Alex Jimenez

FEBRUARY 27, 2019

IBM Think 2019 Campus. As noted in a previous post, I attended IBM’s Think 2019 conference in San Francisco earlier this month. The drivers of their move consisted of predictability, security, and speed. A public cloud wasn’t a good solution due to security concerns. It must be built to serve the business.”.

blockchain 40

blockchain Conference Security Innovation 40

PYMNTS

APRIL 18, 2019

And the truly smallest business (like freelancers, service providers and microbusiness[es]), and managing cash flow effortlessly, is priority one.”. The first time a micropreneur does their taxes for the year, Whiting told Webster, is enough to send most of them running back to their nine-to-five, and their simple W-2 life.

Taxes 226

Taxes Payments Cards User Experience 226

PYMNTS

SEPTEMBER 24, 2020

The major cybersecurity issues that will continue to increase as digital becomes more prominent is fraudsters managing to get control of customers’ accounts,” he said. Social Security numbers. billion in losses in 2019, according to a recent study, although it has declined from $20 billion in 2013. Shetty explained.

Video 205

Video Fraud Digital Banking System 205

PYMNTS

JANUARY 9, 2019

8), Financial Times reported that the country’s Authority of Broadcasting and Electronic Information said Facebook violated Vietnamese law in how it managed online content, advertising and taxes. Citing a briefing in Hanoi, Vietnam on Tuesday (Jan.

social media 108

social media Taxes Compliance Google 108

PYMNTS

MARCH 2, 2020

Forty percent of small businesses that secured a loan used the funding for day-to-day spending , a report from the U.K. nearly doubling to more than $29 billion last year, the FSB said small businesses are seeking lending to manage their cash flows disrupted by unpaid invoices. In the context of late payments in the U.K.

Payments 143

Payments Report Training Regulation 143

TrustBank

APRIL 26, 2021

This law passed in 2019 and flew under most people’s radar throughout 2020 because, well, we had a few other things going on in 2020… a pandemic with massive business closures and unemployment, social unrest, a presidential campaign, more social unrest, etc. percent payroll tax on all employee wages, beginning January 1, 2022.

Washington 64

Washington Taxes Idaho Oregon 64

PYMNTS

OCTOBER 29, 2019

Tax regulators in China granted approval for Tencent to lead an initiative aimed at developing international standards for invoices sent via blockchain-based platforms, reports said. According to reports, a recent report by asset management firm Guosheng Securities found that “as of Aug.

blockchain 101

blockchain Taxes Regulation Report 101

PYMNTS

JANUARY 10, 2019

From tax refunds and government assistance to payments made for home service and housekeeping professionals, faster payout solutions appear to be gaining popularity — all around the world. Visa recently partnered with Shieldpay to introduce secure card payments on peer-to-peer (P2P) platforms to the nation’s £120 billion ($151.1

Marketing 156

Marketing blockchain Online Cards 156

PYMNTS

MARCH 5, 2019

In the February 2019 Payments and The Platform Economy Playbook , a collaboration between PYMNTS and YapStone, the sharing economy was in focus. In an interview with PYMNTS, Marie Perrin-Largilliere, senior manager of global product marketing at HomeAway, got a bit more granular on how the firm seeks to engage both sides of the transaction.

Regional 148

Regional Mobile Security Fraud 148

TrustBank

APRIL 10, 2020

The Coronavirus Aid, Relief, and Economic Security Act, or CARES Act, was signed into law on March 27, making it the largest fiscal stimulus bill ever passed in U.S. Foregoing a 2020 RMD allows tax-deferred dollars to remain in an investor’s retirement account. Please consult with your tax and financial advisors.

Taxes 52

Taxes Guidelines Washington Security 52

PYMNTS

MAY 25, 2016

According to Forrester’s eCommerce Forecast 2014–2019 , eCommerce sales are expected to jump to $480 billion by 2019, and mobile purchases are expected to grow to $142 billion this year,” said Stefan Weitz, chief product and strategy officer at Radial. But it’s not just eCommerce that is growing. billion in 2015, to $6.4

Fraud 109

Fraud Taxes Retail Tools 109

PYMNTS

SEPTEMBER 12, 2019

A recent survey of decision-makers from financial institutions (FI), investment firms and asset management and insurance companies found that many are choosing to proactively ramp up their defenses rather than potentially running afoul of regulations or paying heavily for failing to stop crime. A report found that the U.S. imposed a full $23.52

cryptocurrency 116

cryptocurrency Regulation Compliance blockchain 116

CB Insights

NOVEMBER 21, 2019

While deals and dollars slowed to Canadian startups in the first half of 2019, early-stage startup activity suggests that there’s more to the story. GET THE ENTIRE 41-PAGE CANADA VC REPORT H1 2019. Canadian VC-backed companies saw funding drop 13% in H1 2019 compared to H1 2018. The 2019 Canadian fintech market map.

Fintech 93

Fintech Marketing US Technology 93

TrustBank

DECEMBER 16, 2021

In 2019, Medicare covered about 61.5 This amount is calculated using your income tax information from two years ago. So, for 2022, your tax information from 2020 will be assessed. Surcharge amounts vary based on your income bracket and how you filed your taxes. As always, this is not intended to be tax advice.

Taxes 52

Taxes Washington Security Maine 52

PYMNTS

MARCH 12, 2019

Les Whiting, chief financial services officer at small business FinServ firm Wave , explained in a recent interview with PYMNTS that the M&A strategy enables service providers to facilitate the data connectivity that small business owners need to manage finances. “For us it was, do we build this ourselves, or do we acquire?

Data 184

Data Fintech Strategy Regulation 184

FirstInternet

JANUARY 10, 2020

And, if one of them is to better manage your finances, it may be time to add a financial calendar to your list. Let’s be real, managing your personal finances can be intimidating. No matter where you ended up financially in 2019, think of the rest of the year as a clean slate for you to establish your 2020 goals.

Taxes 66

Taxes Policies Management Video 66

TrustBank

DECEMBER 8, 2022

The BEA calculates the personal saving rate by subtracting taxes from personal income to arrive at “disposable personal income” and then subtracts personal outlays. From 1990-2019, US personal saving began to trend lower, averaging only 6.4% While access to credit grew, the costs associated with managing it were high.

US 52

US Policies Taxes Washington 52

FICO

JUNE 1, 2023

Trends in the macro environment are seen throughout the credit card industry Rising prices, increases in the cost of securing and carrying debt, and the fear of higher unemployment rates are trickling through to consumer behavior on credit cards. 19 report on Consumer Credit) translating to ~$70 more in interest per $10,000 in debt.

Trends 52

Trends Industry US Cards 52

Independent Banker

OCTOBER 1, 2022

Fraudsters tend to target baby boomers via robocalls about healthcare, taxes or Social Security, but they aren’t immune to social scams. Source: Federal Trade Commission, 2019. The only thing the criminal wants is for the scheme to succeed.”. Rehman Khan, Travelers. Targeting boomers. How to minimize age-related fraud.

Fraud 133

Fraud social media Millennials Examples 133

Fintech Labs Insights

NOVEMBER 23, 2020

Just out of stealth, Seattle-based fintech startup Secure Save is on the winning side of all these trends. That’s what Secure is launching. They provide the software and services for businesses to establish and manage a so-called Emergency Savings Plan (ESP). Low-cost subscription model? Check and double-check.

Security 15

Security Fintech Seattle Taxes 15

PYMNTS

NOVEMBER 19, 2018

The rollout will continue throughout 2019. Chase noted in the rollouts announcement that the contactless experience was designed around EMV chip technology to be “simple and secure,” and easily done at any card reader bearing a contactless symbol. SMB Payments Power-Ups. American Express announced Thursday (Nov.

Data 122

Data Cards Taxes Payments 122

PYMNTS

MARCH 18, 2019

Somewhat ironically, these are some of the same players who now use the card rails to push payments in real time between senders and receivers on their respective platforms – Square Cash App, Venmo and Apple Pay Cash – and pretty cheaply, and very securely, across the debit card rails. as of January 2019. months into 2019.

Payments 201

Payments Cards Operations System 201

Current

DECEMBER 9, 2020

You've filed your tax paperwork, and then the question begins swirling in your mind. How long does it take to get a tax refund? There is a time lapse between your tax refund being processed and you actually receiving that money. Sign up to get your tax refund up to five days faster. When Can I Expect to Get My Tax Refund?

Taxes 90

Taxes Data Tools Examples 90

CB Insights

FEBRUARY 13, 2020

These APIs handle everything from acceptance and processing to settlement and reconciliation, while ensuring compliance and security. In an interview at CB Insights’ 2019 Future of Fintech conference, CFO and CPO William Gaybrick indicated that businesses are more constrained by developer resources than by capital. Source: Finix.

Online 98

Online Company Retail Payments 98

Abrigo

JUNE 4, 2019

There are three different CECL effective dates, depending on an institution’s characteristics: PBE that is an SEC filer: December 15, 2019. The sum of these differences (net of applicable income taxes) is the “cumulative-effect adjustment” as of the effective date of the new credit losses standard. the incurred loss method).

Policies 186

Policies Capital Report FDIC 186

Abrigo

APRIL 22, 2024

Takeaway 2 Several small business lending processes can tax both borrowers and staff. trillion between 2019 and 2022. Meanwhile, the agency says banks, credit unions, and other depository institutions accounted for 80% of the 8,200 financial institutions active in small business financing in 2019.

Lending 243

Lending St. Louis Community Marketing 243

FluentBanking

AUGUST 11, 2021

percent during 2019-20. The revised estimate for GDP growth during 2019-20 was 5.24 However, it is not the only tool for addressing or managing aggregate output demand. However, legislating taxes and making spending changes is a time-consuming affair. The GDP growth rate has been projected to be 7.2 percent, including 32.60

Policies 52

Policies Marketing Trends Tools 52