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Prevention is the Key to Stopping Elder Financial Exploitation & Fraud

Abrigo

In what's now being referred to as the "Age Wave," ten thousand baby boomers will turn 65 every day until 2030, creating a larger pool of potential victims for fraudsters and scammers. Banking Cannabis – Finding More ROI in Your Compliance Department. Navigating Regulatory Haze: Banking Cannabis-Related Businesses and Managing Risk.

Fraud 195
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Startup Roundup: Letting The Machines Do Their Thing

PYMNTS

Automation could replace 30 percent of jobs by 2030 and affect fully half of all jobs by then. The IRS is hiring and training more than 3,000 agents to enforce its Foreign Account Tax Compliance Act (FATCA), and the onus is now on the payer to collect all necessary tax documents from the payee and validate the info on those forms.

Taxes 107
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Startup Roundup: Letting The Machines Do Their Thing

PYMNTS

Automation could replace 30 percent of jobs by 2030 and affect fully half of all jobs by then. The IRS is hiring and training more than 3,000 agents to enforce its Foreign Account Tax Compliance Act (FATCA), and the onus is now on the payer to collect all necessary tax documents from the payee and validate the info on those forms.

Taxes 101
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Small Businesses At The Center Of Bots Vs Accountants

PYMNTS

Instead, small businesses searched for “business development manager,” “data analyst” and “business analyst,” to name a few. “It McKinsey research , released in 2017, pegged the number of jobs worldwide that could be lost to automation by 2030 at 800 million.

Taxes 179
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How tax accountants can provide valuation services

Abrigo

But those referrals can be risky, according to Paul Wapner, CPA/ABV, CGMA, who is manager of forensic and valuation services for the AICPA. Wapner said this can come into play if an equity security or other business interest is being given away. That transfer of wealth may be through the sale of a business, gifts or inheritance.

Taxes 170
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Your everything IBM at Sibos guide

Insights on Business

Whether payments, regulatory compliance, automation, blockchain, addressing cyber or moving to cloud, bring us your toughest challenges and let’s solve tomorrow together. Also, take in some demonstrations from IBM’s suite of RegTech solutions, including: Commercial Payments and Transaction Management. Governance, Risk and Compliance.

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Deep Dive: Emerging Response To B2B, P2P Cross-Border Payments Pain

PYMNTS

The United Nations set a goal for remittance fees to amount to just 3 percent of each transaction’s value by 2030. Some are reluctant to embrace DLT because of security concerns and the lack of clear regulations, and such issues will need to be addressed before the technology can make a greater impact.

Payments 102