Cisco

APRIL 26, 2022

Those opportunities will rely on data and analytics for real-time decision making. Some familiar examples are receiving banking fraud alerts on mobile devices, submitting photos for insurance adjustments, or using robo-advisors for investment decisions. These examples highlight a diverse and exciting future for financial services.

Big Data 143

Big Data Data Analytics Examples 143

FICO

MARCH 16, 2018

Social Network Analysis (SNA) tools hold the potential to help tax and revenue agencies identify non-compliance and tax fraud. These tools have been proven to be effective in fraud detection¹, but to date haven’t been utilized to any large degree at tax agencies. Opportunities for Tax Agencies. Improper registrations.

Analysis 45

Analysis Taxes Fraud Compliance 45

Perficient

JULY 27, 2020

If you’re noticing new customers requesting accounts within your business, or new users on your site, you should look at your commerce site analytics and see what these customer demographics look like. How are you handling sales tax in various states that you might serve through a B2C channel?

Analytics 332

Analytics Technology Strategy Taxes 332

PYMNTS

FEBRUARY 8, 2018

If death and taxes are sureties, insurance payments rank up there, as people insure homes and autos and apartments against any number of calamitous scenarios. In one example, One, Inc. Data analytics plays a role here, termed by Zalewski as “the often-forgotten side of [insurance] payments.”.

Taxes 101

Taxes Payments social media Policies 101

PYMNTS

SEPTEMBER 24, 2018

Massachusetts-based Audit Analytics looked at disclosures from more than 9,000 U.S.-listed tax law and revenue accounting rules. As a result, past financial reports had to be reexamined to recalculate the value of tax credits or liabilities, or to assess how previous results would look under new rules.

Taxes 170

Taxes Massachusetts Software Analytics 170

Abrigo

JANUARY 6, 2017

For example, this technology could help create completely traceable audit trails or ultimately automate the entire audit process. In auditing, for example, there’s a lot of inefficiency in gathering the audit evidence. Some in the accounting profession believe blockchain technology is currently at the height of the “ hype cycle.”

Trends 219

Trends blockchain Taxes Survey 219

Abrigo

SEPTEMBER 20, 2023

Rather than stealing someone's identity or using a friend or family member's details, the account holder is who they say they are and uses their account to commit fraud—for example, applying for a loan with no intention of paying it back or filing a false chargeback claim. The scam here is an inside job, making it inherently more elusive.

Fraud 195

Fraud Trends Cards Software 195

PYMNTS

JANUARY 9, 2020

Many industry players are touting the ability to use analytics and automation technology to handle mundane, time-consuming tasks, freeing up resources for accountants to take on more advisory roles. He offered the example of a small business that has purchased an automobile.

Data 173

Data Analytics Examples Technology 173

Abrigo

SEPTEMBER 26, 2017

Don’t sweat the small stuff – automate it Technology that incorporates automation, artificial intelligence and business analytics can help accountants provide services efficiently and better utilize staff so that if they want to provide new service offerings differentiating their firms from competitors’, they will have the ability to do so.

Technology 150

Technology eBook Taxes Meeting 150

PYMNTS

OCTOBER 7, 2020

A drug dealer might open up a nail salon, for example, then put his drug money into the salon’s cash flow and report it to the Internal Revenue Service as revenue from salon customers. This means individual transactions are unlikely to pop up on regulators’ or tax officials’ radar, thus keeping the operations under wraps.

Payments 171

Payments Analytics Online Retail 171

Abrigo

DECEMBER 18, 2023

For example, a recent study found that trips to central business districts in large cities have plateaued at about 60% of pre-pandemic levels, while those in smaller towns have fully bounced back. In their transition between a house with a big yard and assisted living, for example, some older adults are choosing apartments, Kirby said.

Risk Management 222

Risk Management Management Lending Capital 222

PYMNTS

FEBRUARY 28, 2020

An entrepreneur who opens a coffee shop or launches a FinTech startup isn’t in business to crunch numbers and file taxes. The outsourced CFO Services is an example of how FinTech firms can combine the power of data automation with human expertise to augment the financial services experience.

Capital 154

Capital Taxes Software Data 154

Abrigo

SEPTEMBER 19, 2016

Identifying service opportunities is especially important for firms looking to transition from a focus on compliance services , such as tax and audit, to value-added advisory services that might generate higher margins. After all, accountants are commonly known as providing services such as tax preparation and audits.

Taxes 150

Taxes Compliance eBook Resources 150

PYMNTS

MARCH 26, 2018

Take the market’s VAT legislation, for example. Complex tax law has been linked to the rise in eInvoicing in B2B commerce, according to Julie Park, managing director of VAT and customs duty at The VAT Consultancy. Tax fraud is a massive threat of corporates. You must have data analytics for products and reports.

Taxes 102

Taxes Fraud Compliance Regulation 102

PYMNTS

DECEMBER 19, 2019

A small business may receive a notice from the IRS, Roberts offered as an example, but its accountant could wait days to call back to provide support. It’s the latest example of how the Open Banking industry frameworks seen in Europe are gradually proliferating into new markets like the U.S. ” An Open Banking Opportunity.

Data 133

Data Analysis Industry Technology 133

PYMNTS

AUGUST 2, 2019

Consider, for example, the DocuSign links that appear in email inboxes, requesting clicks on links that wreak havoc. I would say being more conservative definitely is the right approach,” Xie advised.

How To 198

How To US Fraud Security 198

Abrigo

FEBRUARY 23, 2023

In such an environment, community banks should focus on the power of their relationships with customers, according to Kent Kirby, a retired banker with 39 years of experience in all aspects of commercial banking; lending, loan review, back-room operations, portfolio management, portfolio analytics, and credit policy. The result?

Community Bank 195

Community Bank Kansas City Community Lending 195

PYMNTS

DECEMBER 1, 2020

Other reports indicated that Black Friday physical foot traffic plummeted by 50 percent in 2020, while data from Adobe analytics indicates that digital sales soared, up 22 percent over 2019 to hit $9 billion. The availability of free shipping stands as an excellent example. Consumers really value it: according to PYMNTS research, 56.1

Online 163

Online Data Comparison Mobile 163

PYMNTS

DECEMBER 18, 2018

The tax man cometh, logging miles — in a manner of speaking. Lackey related to PYMNTS that a number of inputs go into calculating the standard rate, including fixed costs such as insurance, registration fees and taxes. On Friday (Dec. 03 hike in the offing) can have an impact on the bottom line.

Compliance 148

Compliance San Francisco Operations Taxes 148

Abrigo

OCTOBER 13, 2016

For example, respondents in Xero’s recent survey mostly considered accountants as analytical, intelligent and having strong business skills. Surveys show that clients and the general public admire and respect accountants.

Strategy 150

Strategy Survey Taxes Analytics 150

PYMNTS

FEBRUARY 22, 2017

Moody’s Analytics and the newswire estimate the loans outstanding at $1.1 In a look at how some of those loans are trending and how they may be impacting lenders, consider that Ally Financial reported that pre-tax income slid by 11 percent last year, and the decline stemmed from auto loan losses and delinquencies.

United States 116

United States Capital Taxes Analytics 116

PYMNTS

FEBRUARY 7, 2020

It includes all features from the previous tiers as well as merchandise, business plan assistance, exclusive creator events and customer analytics. This helps the company with taxes, and Jenkins predicts further back-end innovations will help creators use Patreon to make their creative outlets their full-time professions.

San Francisco 141

San Francisco Video Taxes Software 141

PYMNTS

SEPTEMBER 18, 2019

Payments and settlement is the most popular investment area for top Wall Street banks, the report found, followed by capital markets, data analytics, and accounting and tax services. Last week, for example, JPMorgan announced the introduction of same-day deposits for small businesses that use WePay to process card transactions.

Fintech 144

Fintech Payments Meeting Capital 144

Abrigo

JUNE 14, 2017

For example, valuation professionals may spend hours adjusting financials, checking and double-checking calculations. This is because technology leaders benefit from new markets, the ability to scale and collaborate, as well as the opportunity to innovate.

eBook 150

eBook Software Guidelines Technology 150

FICO

NOVEMBER 20, 2017

Even people who stand on stage promoting good causes can have something to hide when it comes to taxes. The latest example is the singer of an Irish rock band who has been listed in the Paradise Papers leak that exposes high-profile people, including monarchs, to charges of tax evasion. It’s Not Only About Tax Evasion.

Taxes 49

Taxes Analytics Data Examples 49

FICO

SEPTEMBER 14, 2017

Let’s look at just one application of automated communication for governments, the collections of taxes: Example: Tax Collection. This cleans up tax rolls and reduces non-filer and compliance activities. Many tax agencies are inundated with phone calls from taxpayers asking about the status of their refund.

Taxes 61

Taxes Compliance US Analytics 61

CB Insights

NOVEMBER 21, 2019

Companies in this subcategory (1) provide technology to accounting and tax, bookkeeping, and expense management players, or (2) leverage technology to provide these services directly to end-users. For example, KNØX Custody (disclosed equity funding of US $6.2M) provides insured cryptoasset and cryptocurrency custody solutions.

Fintech 93

Fintech Marketing US Technology 93

PYMNTS

MAY 25, 2016

in the 1950s, for example, to today, only about 12 percent of Fortune 500 companies from the decade remain in 2016, the executive said to demonstrate her point. InvoiceSmash, for example, was introduced this month with an emphasis on accelerating invoice processing times. ” When one compares the economic landscape of the U.S.

Big Data 117

Big Data Data Operations Analytics 117

FICO

MARCH 25, 2022

We then talked through what companies need to be looking for in detection technology and analytics, and explored two related elements: flexibility and explainability. For example, real-time card transaction monitoring requires one set of capabilities; application fraud detection and prevention requires another.

Fraud 52

Fraud Management System Course 52

FICO

JANUARY 6, 2022

For example, in a digital originations process, streaming data can tell you if applicants are abandoning the application at specific points, are struggling with meeting certain criteria, or are cruising through the customer experience rapidly. The Pillars of Experimentation. Learn and Adapt.

Management 52

Management social media Customer Experience Strategy 52

Abrigo

JANUARY 23, 2017

Clients seeking a valuation due to ESOP requirements, tax planning needs or to obtain financing may not realize that undergoing a valuation can reveal opportunities to expand future enterprise value. 1, for example, provides only general guidance for the section providing financial analysis. However, SSVS No.

Report 150

Report Analysis Video Taxes 150

PYMNTS

SEPTEMBER 24, 2020

The ongoing COVID-19 pandemic and its associated social distancing and stay-at-home orders have pushed untold services online for easier consumer access, with banking serving as a prime example. Customers provide their national identity number and their tax number as well, and then there is a video call. Shetty explained.

Video 205

Video Fraud Digital Banking System 205

PYMNTS

JULY 29, 2020

His own testimony cites a Texas-based fitness company that adjusted its digital offerings, with the help of Google Ads and Analytics, and YouTube presence — with the result that the company’s digital revenue and sales soared 3,000 percent through the ongoing health crisis. No one asked for AWS.

Innovation 168

Innovation Apple Google Texas 168

PYMNTS

DECEMBER 21, 2016

T-shirts may seem like a simple product, but according to Spreadshirt, there is a ton of hard data and analytics at the core of even the softest shirt. Germany- and Boston-based Spreadshirt uses data, analytics and even social media information to build a product and spread news among communities while printing more than 3.6

Data 100

Data Boston Community social media 100

PYMNTS

SEPTEMBER 20, 2016

For example, nearly a third of professionals in the U.K. These professionals, Tucker added, can provide expertise in fraud detection, compliance, data analytics, technology strategy and line-of-business advice. As part of its research, BlackLine also surveyed professionals across the U.K., the company said. Manual To Blame.

Survey 100

Survey Fraud Strategy Examples 100

Abrigo

APRIL 13, 2015

For example, the practice may have initially subscribed to ProfitCents with an eye toward offering value-added advisory services in the future, but analytical procedures solutions within ProfitCents can also help your audit team now.

Meeting 150

Meeting Analysis Taxes Report 150

PYMNTS

SEPTEMBER 6, 2017

“But the last couple of years have seen those currencies move around quite a lot, particularly, for example, sterling with Brexit,” Cunico said. Analysts at Deloitte pointed to other concerns that are making their mark on the treasurer today. “A CFOs and Boards should expect more dialogue in these areas.”.

Risk Management 108

Risk Management Survey Management System 108