PYMNTS

MAY 24, 2016

That’s according to JPMorgan Chase CEO Jamie Dimon, who recently spoke for a podcast with Recode to discuss the upcoming presidential elections and the ongoing disruption in FinTech and banking services. “There are downsides to flying – people die every now and then.

Fintech 102

Fintech United States Training Taxes 102

PYMNTS

MARCH 26, 2018

The rise of RegTech is not by chance: There is an undeniable link between regulatory changes and technological innovation, and that link has a profound impact on FinTech and the financial services market. Europe is an epicenter for both regulatory shifts and FinTech innovation. Tax fraud is a massive threat of corporates.

Taxes 102

Taxes Fraud Compliance Regulation 102

PYMNTS

JULY 31, 2020

This week’s look at the latest funding for B2B FinTech and other startups showcases an investor appetite for security, data and business intelligence, with nearly $63.5 In a venture capital slowdown, any investment round is a win. million in fresh investment for the industry. PYMNTS rounds up the latest deals below.

Security 166

Security Data Capital Utah 166

Lex Sokolin

JANUARY 14, 2021

We love the robot as much as the next Fintech commentator. Like taxes. Second, Fintechs (e.g., This is why the OCC has spent so many calories on defining special purpose fintech charters , and why the local community bodies hate it. Bank of America alone has over $150 billion in such capital. Don’t get us wrong.

America 52

America Wyoming National Capital 52

Lex Sokolin

JANUARY 14, 2021

We love the robot as much as the next Fintech commentator. Like taxes. Second, Fintechs (e.g., This is why the OCC has spent so many calories on defining special purpose fintech charters , and why the local community bodies hate it. Bank of America alone has over $150 billion in such capital. Don’t get us wrong.

America 52

America Wyoming National Capital 52

PYMNTS

JULY 30, 2019

may be the world’s hotbed for challenger banks, but it’s not the only market witnessing a surge in bank competition and industry evolution as a result of FinTech pressure. In Latin America, countries are in different stages of the process to define the [open banking] model that will be adopted, but it’s an inevitable change,” Junqueira said.

User Experience 122

User Experience America Analysis Industry 122

Independent Banker

MARCH 31, 2022

We must also keep our focus on protecting the 2017 tax cuts and, as always, monitoring and confronting credit union overreach. We must continue to fight increased regulation, specialty charter considerations and the potential for more fintech access to traditional rails without the same oversight.

Community Bank 239

Community Bank Community Industry Texas 239

PYMNTS

AUGUST 6, 2019

Latin America is often considered to be the world leader in electronic invoicing thanks to government mandates, but the Asia Pacific region is quickly gaining steam in its eInvoicing efforts, too. on the benefits of an eInvoicing mandate, noting that it would address the nation’s current tax challenges.

Regional 108

Regional Taxes System Guidelines 108

PYMNTS

FEBRUARY 13, 2020

McInerney also pointed to government to consumer (G2C), which is a “more nascent” market, with presence in government benefits and tax refunds. The truth is that we are just getting started with the electronification of payments in North America,” he said. FinTechs remain instrumental to Visa’s growth, he said, in electronic payments.

Payments 163

Payments Regional America Cards 163

PYMNTS

JULY 4, 2016

In an effort to spur job growth, the Brazilian government offered tax and legal incentives for technology companies within Rio. Believe it or not, the third largest technology hub is North America, which may be why it’s gained recognition as a go-to destination for innovation and for having a diverse and talented workforce.

Innovation 104

Innovation Fintech National Capital 104

PYMNTS

OCTOBER 10, 2017

Cash and checks remain common in B2B transactions, analysts said, with cash usage the highest in emerging markets including Asia Pacific and Latin America. Where cash usage for B2B transactions remains low, as in North America, wire and credit transfers are most popular. Similarly, Asia and Latin America are set to see a 13.2

Payments 124

Payments Regional America Trends 124

PYMNTS

OCTOBER 28, 2016

Vancouver is considered a magnet for talent – with lower costs of doing business, affordable healthcare, tax incentives, and a growing network of accelerators and support for startups. Vancouver is on its way to becoming a top tech hub in North America. Canada’s FinTech Jewel. The city was ranked as the No.

Bitcoin 100

Bitcoin Taxes Innovation Fintech 100

PYMNTS

DECEMBER 7, 2020

The issue is that, Facebook aside, many of these coins, which are in the process of being launched or even yet to be conceptualized, will be “minted” by a slew of smaller FinTech and non-bank companies (including those focused on blockchain ), with relatively limited resources to devote to hurdling regulatory challenges.

Regulation 192

Regulation United States Cleveland cryptocurrency 192

CB Insights

NOVEMBER 5, 2019

There are just two China-based fintech businesses valued at over $100B in the world. The second, conceivably, is Tencent’s fintech business. In May 2019, Barclays released a note estimating the value of Tencent’s fintech business at $123B, or close to a third of the company’s total market cap.

Fintech 51

Fintech social media Analysis Marketing 51

PYMNTS

JULY 29, 2019

And while FinTech has evolves to offer corporates solutions to streamline a variety of individual processes, the financial services space continues to struggle to break down barriers at a wider level, according to Bhavin Turakhia, CEO and co-founder of India-based enterprise payments and banking FinTech Zeta.

Payments 183

Payments System Cards Data 183

PYMNTS

SEPTEMBER 20, 2017

and not just because FinTech is reshaping the way employees get paid. In celebration of National Payroll Week last week, the American Payroll Association released the latest results from its yearly “ Getting Paid in America ” report. The payroll landscape is in flux in the U.S., an hour, more than a quarter believed it was $8.50

Taxes 100

Taxes Survey Compliance Regulation 100

Accenture

AUGUST 20, 2019

3 After-Tax ROA of issuers that publicly report – Citigroup, Capital One, Synchrony and Discover 4 YoY = Year-over-year change versus 2Q18. Industry statistics (based on non-retail card issuers in scorecard section). Click/tap to view larger. 1 Total receivables for all issuers below at end of 2Q19.

US 150

US Cards Capital Apple 150

Gonzobanker

JANUARY 4, 2018

With an ever-shrinking number of vendors in the FinTech pool, bankers must hold their providers accountable – even it means leaving them. Carmageddon: The Downshifting of America’s Auto Industry. Heloc Tax Deduction Suspension. The suspension of the HELOC tax deduction could have an adverse impact on FIs.

Taxes 60

Taxes Strategy Cards Lending 60

Bank Innovation

MAY 11, 2017

It’s worth remembering that two weeks after Apple, America’s biggest company, were ordered to pay €13bn in back taxes in Europe, Deutsche Bank, formerly Europe’s biggest bank, were fined $14bn in New York. That’s quite the coincidence. I thought we’re friends with the U.S.?

Regulation 252

Regulation Regional Apple America 252

PYMNTS

JANUARY 30, 2020

Credit growth was better than last year and debit growth slowed slightly due to lapping tax reform, which had a positive impact on debit growth through all of last year. Travel and restaurant spending growth slowed, said Kelly. showed similar growth to last year. “We

Payments 229

Payments Conference Cards United States 229

PYMNTS

APRIL 27, 2016

Not just staffing issues, learning the local culture in a new market and, as is germane for payments, learning the local views on cash, credit and import and export taxes. And with the disruption that has come with FinTech, said Ward, the fact remains that “regulators are playing catch-up” with an eye on transparency.

Study 100

Study Payments America Regulation 100

PYMNTS

JANUARY 18, 2019

For example, Bank of America reported on Wednesday (Jan. Marcus : Goldman’s FinTech play on online banking logged $ 35 billion in deposits in 2018, said management during a post-earnings conference call – and this comes only two years after launch.

Course 159

Course Mobile Taxes Metro 159

Gonzobanker

MARCH 24, 2021

Bank of America recently reported that in 2020, 84% of all deposits were made through its automated channels (mobile, online and ATMs). This translates to lost revenue of $110 billion pre-tax at banks and $10 billion at credit unions. At some point, almost every fintech company has written off an investment or expenses.

Customer Experience 130

Customer Experience Strategy Community ATM 130

PYMNTS

MAY 14, 2018

The legal marijuana industry in North America, which handled an estimated $9.7 Big names like PayPal and HP have shown support, while FinTech innovators have introduced a slew of new offerings for the industry. According to Lang, traditional FIs cannot meet this regulatory compliance and reporting need.

Compliance 130

Compliance Guidelines Industry Taxes 130

PYMNTS

AUGUST 3, 2018

For much of the world, electronic invoicing is taking off — not only for the benefits it offers, like enhanced cash flow visibility, but largely because jurisdictions are implementing eInvoicing regulatory requirements to crack down on tax evasion. Europe and Australia, too, have eInvoicing mandates in place. . While the U.S.

Regulation 101

Regulation Data America Payments 101

PYMNTS

JULY 18, 2017

But we still believe it’s early in the market, for North America at least. And while SMEs are awaiting tax reform, this area also makes the U.S. In the North American market, he continued, adoption is especially lagging. “A A change in behavior is the big thing,” McDerment explained. One, I think, is complexity,” the CEO said.

Software 109

Software Taxes Capital Policies 109

PYMNTS

SEPTEMBER 12, 2018

There is no shortage of FinTech firms that have emerged since the 2008 financial crisis aiming to facilitate access to small business capital, many of which target supplier and invoice financing specifically. The company recently announced a $200 million commitment from BTG Pactual, Latin America’s larges financial institution (FI).

Data 101

Data Strategy Operations Capital 101

PYMNTS

JANUARY 10, 2019

Platform operators and merchants must conduct due diligence related to everything from intellectual property and tariffs to tax laws and FX rates. And taking effect with the dawn of 2019, the Chinese government has put in place new initiatives tied to cross-border trade flows done by digital means into several markets.

United States 158

United States Regulation Compliance Strategy 158

Fintech Labs Insights

JUNE 22, 2016

Mambu Unveils FinTech Startup Program. Let’s Talk Payments asks if fintech startups should be able to access bank data in the wake of Plaid’s $44 million Series B. Let’s Talk Payments asks if fintech startups should be able to access bank data in the wake of Plaid’s $44 million Series B. Alumni updates.

New York 15

New York Taxes Fintech America 15

South State Correspondent

MAY 13, 2024

The session also covered the new Georgia “merchant acquirer limited purpose bank” (MALPB) charter, which has the potential to be popular among fintechs wanting bank powers. The FDX library touches deposits, cards, consumer loans, investments, insurance, small businesses, tax reporting, fraud, treasury, and payroll.

Conference 195

Conference Payments Fraud Data 195

Gonzobanker

DECEMBER 20, 2018

We’ve simultaneously disdained and feared the fintechs, artificial intelligence and blockchain consortia. Caywood is a huge name in fintech with Starling being a recent industry darling around innovation. Banks Leveraging Fintechs Award. The Fintech That Roared Award. GonzoBankers, 2018 has been a troublesome year.

Fintech 102

Fintech Conference Innovation Community 102

PYMNTS

JUNE 14, 2018

Powering the push in spending, according to the Commerce Department reports, are historically low unemployment figures , wages finally starting to show real gains and additional liquid capital among workers due to the tax cuts of late 2017. That has pushed more consumers back toward consumption, and merchants have seen the benefit of that.

Retail 108

Retail Bitcoin Course America 108

Lex Sokolin

JANUARY 7, 2021

You don’t even need to be a Keynesian and implement taxes before growing spending. Aren’t those unemployment figures also saying that African Americans have twice the unemployment of white America? Why is there collectivism in our Fintech newsletter? Want to get weekly access to the Fintech Blueprint newsletter?

Bitcoin 52

Bitcoin Capital US Marketing 52

Lex Sokolin

JANUARY 7, 2021

You don’t even need to be a Keynesian and implement taxes before growing spending. Aren’t those unemployment figures also saying that African Americans have twice the unemployment of white America? Why is there collectivism in our Fintech newsletter? Want to get weekly access to the Fintech Blueprint newsletter?

Bitcoin 52

Bitcoin Capital US Marketing 52

CB Insights

FEBRUARY 13, 2020

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. It also allows businesses to generate 1099 tax forms for contractors. This is particularly useful for businesses operating in regions outside of the US.

Online 98

Online Company Retail Payments 98

Jeff For Banks

JULY 8, 2019

Which is becoming more challenging for the community financial institution due to heavy competition from money center and super-regional banks, credit unions, and fintech firms. Steve played an accountant, and informed a couple that they would be receiving a nice tax refund. My focus today is on consumer banking. Do we cede the field?

Retail 60

Retail Community Taxes Strategy 60

Fintech Labs Insights

JUNE 29, 2016

Client Lifecycle Management solution provider Fenergo is boosting the capabilities of its Tax Compliance suite. The enhanced version of the company’s CRS Compliance Solution is geared toward improving tax regulation compliance through improvements to the Three Rs: Rules, Remediation, and Reporting.

Compliance 15

Compliance Taxes Management Regulation 15