South State Correspondent

MARCH 21, 2023

ERC gave eligible businesses a refundable tax credit of up to 50% of $10,000 for qualified wages paid per employee. The ERC Assist Program SouthState has partnered with SmartBiz, a fintech company, and several known CPAs and ERC processors to assist banks in processing ERC payments for their small business customers. In 2020, the U.S.

Taxes 195

Taxes Community Bank Community Operations 195

PYMNTS

NOVEMBER 13, 2018

APIs offer third-party FinTech firms new opportunities to make use of valuable data stored within traditional bank accounts. Separate analysis, published just last month from J.D. In the U.S., more than 40 percent of small businesses reported to WePay in a 2017 survey that they experienced a cash flow problem during that past year.

Data 184

Data Fintech Mobile Analysis 184

PYMNTS

SEPTEMBER 6, 2019

million was placed with B2B FinTechs this week. This information is aggregated over time, allowing business users to obtain trend analysis data on customer payment habits. Also operating in India, supply chain financing FinTech Cashflo revealed $3.3 Startups in India saw the majority of that activity, while France and the U.S.

Fintech 155

Fintech Capital Lending Operations 155

PYMNTS

APRIL 27, 2016

Those new products reportedly include financial services for businesses other than tax-related tools. “We Recent analysis from the Reserve Bank of India uncovered a spike in mobile banking transactions , and Livemint attributed that trend to corporate users of mobile financial services. Our mobile app will be out next month as well.”.

Fintech 100

Fintech Taxes Mobile Analysis 100

PYMNTS

DECEMBER 18, 2018

” Kepczyk described this market as the “wild west,” as more technologies and FinTech innovators enter the small business financial services space, not only to automate, but to provide deeper insights into company finances and enable predictive analytics involving too much data for one (human) accountant to manage.

Management 134

Management Fintech Tools Technology 134

The Financial Brand

JANUARY 20, 2022

Tax firm targets its millions of tax clients for a year-round financial relationship intended to improve financial health. The post H&R Block’s Retail Bank App Has a Slight Edge: 21 Million Tax Customers appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

Taxes 36

Taxes Retail Banking Trends Analysis 36

PYMNTS

MARCH 2, 2018

The latest analysis from Accenture finds new evidence that investors have been acting on their B2B interest for some time. The latest analysis from Accenture finds new evidence that investors have been acting on their B2B interest for some time. The future of FinTech cannot be discussed without including blockchain in the conversation.

Fintech 118

Fintech Capital blockchain Lending 118

Bobsguide

MAY 10, 2022

Australia’s health and economic response to COVID-19 has put its recovery among the world’s leading nations, according to new analysis of global data. Fintech powerhouse – second in Asia, sixth in the world. From Airwallex to Clearpay (Afterpay Ltd), Australian fintechs are changing the world of finance. investfintech.

Report 148

Report National Fintech Industry 148

CB Insights

NOVEMBER 21, 2019

Finally, looking at Canadian “fintech” (financial technology) specifically, funding was up substantially in the first half of the year. Canadian fintech companies raised $251M through the end of H1’19, nearly double the $133M raised in H1’18. The 2019 Canadian fintech market map. Navigating the Canadian fintech market map.

Fintech 93

Fintech Marketing US Technology 93

PYMNTS

SEPTEMBER 13, 2017

. “Because of that complexity, taxes are more complex – it’s a snowball effect. The way taxes are done in the construction industry is different than in other industries.” ” Indeed, the construction industry has dizzying tax rules that don’t apply to other verticals. .”

Management 129

Management Taxes Industry Trends 129

Abrigo

SEPTEMBER 6, 2017

In a world filled with digital loan applications, growing fintechs and booming small businesses, credit unions need to continually evaluate their borrower experience. When it comes to borrower experience, 78 percent of community financial institution borrowers reported overall satisfaction as opposed to 46 percent of fintech borrowers.

Survey 150

Survey Taxes Comparison Fintech 150

Abrigo

MAY 22, 2024

Takeaway 2 Several small business lending processes can tax both borrowers and staff. Online fintech lenders and merchant cash advance providers are also making up ground. Online fintech lenders had a market share of about $25 billion. DOWNLOAD Takeaway 1 Financing plays a crucial role in small business survival and success.

Lending 195

Lending St. Louis Community Marketing 195

Abrigo

APRIL 19, 2017

As fintechs become an increasingly viable option for loans to consumers and small businesses, banks and credit unions will have to find ways to improve their borrower experience and lower their origination costs. Tax returns alone can take hours for a single loan.

Data 150

Data Taxes Software Analysis 150

PYMNTS

FEBRUARY 3, 2020

As open banking frameworks continue to encourage bank-FinTech collaboration , the financial services market is exploring new ways to unlock data — not only with banks, but with each other. For corporates and their accountants, the opportunities in data integration between payroll and accounting and tax portals are similarly vast.

Data 184

Data Security Taxes blockchain 184

Abrigo

APRIL 22, 2024

Takeaway 2 Several small business lending processes can tax both borrowers and staff. Online fintech lenders and merchant cash advance providers are also making up ground. The CFPB estimates 2019 small business financing was as much as $19 billion by merchant cash advance providers and about $25 billion by online fintech lenders.

Lending 243

Lending St. Louis Community Marketing 243

PYMNTS

MARCH 13, 2017

Clearly, there’s still a long way for SMEs to go before they fully embrace FinTech – and the latest research on the topic reinforces the notion that small businesses aren’t using technology the way some may have hoped. 70 percent of SMEs didn’t use tax software in 2016 , found Office Depot in its most recent Small Business Index survey.

Financial Technology 127

Financial Technology Technology social media Taxes 127

PYMNTS

JULY 29, 2016

In this week’s edition of PYMNTS’ Weekly Tech Center Roundup , we find ourselves back in Europe to take a look at what Dublin, Ireland, has to offer and if the city has what it takes outshine the competition for being Europe’s premiere FinTech center now that the U.K. has left the E.U. Dublin has an estimated population of 1,273,069 people.

Fintech 100

Fintech Innovation Taxes Regional 100

Gonzobanker

FEBRUARY 22, 2024

Currently, these businesses are finding funding sources such as Small Business Administration loans, equipment financing loans, or other lines of credit from fintechs and niche players in the market like American Express, PayPal, Mercury, Blue Vine and OnDeck. According to Cornerstone analysis, roughly 50% of U.S.

Lending 78

Lending Community Bank Community Strategy 78

PYMNTS

NOVEMBER 11, 2019

According to the news outlet, HSBC’s newest small business digital banking offering is one of several rolling out in the market from traditional High Street lenders that are facing higher pressure from FinTechs. where the FI’s losses were greatest.

Digital Banking 105

Digital Banking Taxes Analytics Analysis 105

PYMNTS

AUGUST 9, 2019

GPS Capital Markets, founded by Al Manbeian and Ryan Gibbon, posts between $20 million and $30 million earnings before interest, taxes, depreciation and amortization (EBITDA), one source told the publication. Recent analysis from Kyriba revealed that U.S. corporates lost a combined $23.39

Capital 108

Capital Marketing Utah Taxes 108

PYMNTS

JANUARY 22, 2019

. “By automating some of the day-to-day tasks, hospital finance staff can free up time to focus on higher-value tasks, such as analysis and risk mitigation,” continued Sutton. The financial services sector is promoting innovation in the area of healthcare financial management.

Management 184

Management Tools Taxes System 184

Chris Skinner

JULY 27, 2017

He knew when he took over the bank was a basket case, tarnished by a raft of regulatory and legal problems which include probes into alleged manipulation of benchmark interest rates, mis-selling of derivatives, tax evasion and money laundering.

System 284

System Taxes Analysis Case Study 284

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

DECEMBER 19, 2019

FinTech and automation technology have cast a shadow of anxiety on the accounting industry in recent years, as certified public accountants (CPAs) began to wonder whether their jobs would be replaced entirely by robots. ” An Open Banking Opportunity. “They don’t want to talk about credits and debits. ”

Data 133

Data Analysis Industry Technology 133

Abrigo

OCTOBER 20, 2016

Technological innovation has enabled FinTech start-ups to compete in a field previously dominated by banks and credit unions. Entering a tax return or financial statement for a borrower is slow, tedious work, and for more complex loans it becomes even slower as analysts have to enter more data and process more complex documents.

Software 150

Software Lending Community Bank Taxes 150

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. Nubank’s own analysis drew similar conclusions to those of Trading Economics, however. “In

User Experience 122

User Experience America Analysis Industry 122

PYMNTS

JANUARY 23, 2017

Dabbling in FinTech innovation, expanding internationally, integrating digital systems — businesses must make progress, but they’re facing unfamiliar threats as they make these moves. And we’re not just talking about cyberattacks. 40% more cyberbreaches impacted U.S. businesses in 2016 than the year prior, found CyberScout.

Survey 100

Survey Taxes Groups Analysis 100

PYMNTS

SEPTEMBER 20, 2017

and not just because FinTech is reshaping the way employees get paid. According to researchers, employees have control over how their employers compensate them, and they should be diligent about their tax withholdings not only for compliance purposes, but to ensure they receive funds the way they want.

Taxes 100

Taxes Survey Compliance Regulation 100

Abrigo

DECEMBER 20, 2021

Millions of dollars in suspicious activity were not reported to FinCEN in a timely or accurate manner, including those connected to tax evasion, illegal gambling, money laundering, and other financial crimes. . How to Establish Quality Fintech Partnerships. Fundamentals of BSA. CommunityBank of Texas' citations. Learn More.

Resources 195

Resources Texas Analysis System 195

PYMNTS

JULY 15, 2016

Hong Kong is known for its simple and predictable tax system, making it an attractive place for investment. According to FinTech accelerator tryb, despite the fact that there’s been an estimated $300 million in FinTech funding in Hong Kong, many of the startups in the industry face tough challenges when trying to get off the ground.

Taxes 100

Taxes Fintech Marketing Regional 100

PYMNTS

APRIL 19, 2019

FinTech solutions — including those that have disrupted the payroll sphere — have automated key financial functions for small businesses, and, in many cases, have taken away the traditional workload of a small business accountant. This presents a few opportunities for the profession, Jones told PYMNTS in a recent interview. In the U.K.,

Innovation 154

Innovation Compliance Technology Resources 154

PYMNTS

JANUARY 22, 2018

According to recent data from travel and expense management software firm Certify, analysis of 2017 data showed a 4 percent decline in the number of corporates using a manual expense management system compared to the year before. ” What is clear, though, is that demand for T&E technologies is on the rise.

Management 116

Management Compliance Taxes Marketing 116

South State Correspondent

JUNE 13, 2022

One morning, President Trump tweeted his desire for an additional tax on all foreign-owned companies operating in the US. The first risk of a tax on foreign-owned companies resulted in an instantaneous credit shock, while the change in gas station demand will take place over years. Consider the risk above.

Risk Management 195

Risk Management Examples social media Management 195

PYMNTS

NOVEMBER 29, 2018

According to Accenture analysis, corporate bank customers said they are seeking enhanced customer services and more innovative solutions — similar to the demands among consumers. Nearly a quarter plan to invest even more.

Survey 140

Survey Data Taxes Innovation 140

Abrigo

FEBRUARY 27, 2020

For example, an online loan application that feeds into a credit analysis solution allows the borrower to enter personal and financial information, such as tax returns , at their convenience, even outside institution business hours. Return on Tech Investment – Measuring and Achieving Value from Fintech. Learn More.

Lending 243

Lending Survey Data System 243

Gonzobanker

MAY 31, 2019

But how can community banks successfully compete with big banks and fintechs that are spending billions on their digital lending capabilities? Institutions are “spreading” financial statements for electronically provided tax returns or financial statements. Ready to compete against big banks, fintechs and non-bank lenders?

Lending 126

Lending Community Bank Community Data 126

Lars Markull

JUNE 28, 2020

This is highly valuable information for the user; organizing this data efficiently could really help the user do things like track her expenses or plan her taxes. Given the rapid rise of fintech and financial services, there is massive demand for this data with only limited supply.

Fintech 52

Fintech Data Security Policies 52