PYMNTS

SEPTEMBER 15, 2017

Bitcoin has been riding a bit of a rollercoaster in the past few weeks since hitting an all-time high of more than $4,800 per digital coin on Aug. To continue the rollercoaster analogy, the cryptocurrency’s value has been on a steep climb all year, and it stands to reason that bitcoin’s skyrocketing value must eventually slow and reverse.

Bitcoin 177

Bitcoin cryptocurrency blockchain Regulation 177

PYMNTS

JANUARY 25, 2021

The data leaked included names, email addresses, phone numbers, bank account details and tax ID numbers, the report stated. Bitcoin is highly volatile as its rally over the past year from $4,000 to more than $40,000 and then back towards $30,000 shows,” Bank of Singapore’s Mansoor Mohi-uddin told The National.

Bitcoin 261

Bitcoin cryptocurrency Data National 261

PYMNTS

AUGUST 2, 2019

Data storage firm Seagate revealed that it has moved its anti-fraud blockchain project with IBM into the pilot stage. In other news, Brazil’s Tax Authority has announced that transactions involving cryptocurrencies must now be reported to the Department of Federal Revenue ( RFB ).

blockchain 148

blockchain Fraud Data Report 148

PYMNTS

NOVEMBER 12, 2019

April is months away, but tax season is likely top of mind for crypto holders. To that end, in the United States, the Internal Revenue Service (IRS) has said that huddling with other tax authorities across the globe has helped train a spotlight on how to detect and thwart tax evasion efforts.

Taxes 101

Taxes Bitcoin cryptocurrency Fraud 101

PYMNTS

MARCH 30, 2018

Bitcoin fell below $7,000 on Thursday (March 29) – and analysts expect sales of bitcoin and other cryptos to increase as the April U.S. tax deadline approaches, CNBC reported. The price of bitcoin was $6,826.68 Customers, in all, said they lost more than $11 million in 2017 due to tech support fraud.

Bitcoin 124

Bitcoin cryptocurrency Marketing Taxes 124

PYMNTS

FEBRUARY 14, 2020

A section of the IRS website telling people that the online currency from the popular game Fortnite was subject to federal taxes has been removed as of Wednesday (Feb.12). The IRS website seemed to indicate that it would treat V-bucks like it does bitcoin and other cryptocurrencies, and looked like it could have affected millions of gamers.

Report 143

Report Taxes Video Bitcoin 143

PYMNTS

AUGUST 15, 2019

Last month it was revealed that the IRS was sending letters to about 10,000 cryptocurrency holders warning them about the penalties they will face if they don’t report their income or pay taxes on the transactions.

Taxes 116

Taxes cryptocurrency Analytics Report 116

PYMNTS

AUGUST 15, 2018

Bitcoin: the marquee name, the shorthand for the cryptocurrency space, the 800-pound gorilla in a barrel full of monkeys (and there’s little fun to be had in this barrel right now). And here, bitcoin stands out because it is down a relatively paltry 57 percent. The best performer over the same time frame? A stampede can gather steam.

Bitcoin 102

Bitcoin cryptocurrency Security Marketing 102

PYMNTS

SEPTEMBER 8, 2020

The coins affected included bitcoin, ether, XRP, tezos, algorand and TRON, and the hackers transferred their stolen items into public wallets that have since been emptied, according to CoinDesk. Both companies work to provide tax software for cryptocurrencies, but Blockpit CEO Florian Wimmer said the companies have different strengths.

Bitcoin 141

Bitcoin Fintech cryptocurrency Software 141

PYMNTS

JANUARY 31, 2020

And finally, there’s bitcoin, which has seen its use, transacting, trading and popularity fall off of late — except for among one group: criminals. And, speaking of things that may not be the future of financial services… Bitcoin, The Currency Of Digital Crime . But that future won’t be built by bitcoin.

Bitcoin 100

Bitcoin Payments Los Angeles blockchain 100

PYMNTS

FEBRUARY 10, 2020

Crypto Fraud Scores More Than $4B In 2019. The costs resulting from bitcoin- and cryptocurrency-related crimes hit $4.3 Amazon (And Others) Brace For India’s New eCommerce Tax. India has levied a new tax on eCommerce companies and platforms. India has levied a new tax on eCommerce companies and platforms.

US 142

US Taxes Millennials Payments 142

PYMNTS

FEBRUARY 19, 2020

The summit, according to BloombergTax, will include four 90-minute panels on technology updates, problems with cryptocurrency exchanges, tax return preparation and regulatory guidance and compliance. The summit will include both private sector panelists and government officials sharing their views and engaging with the audience.

Meeting 168

Meeting Groups cryptocurrency Bitcoin 168

PYMNTS

AUGUST 24, 2020

CryptoTrader.Tax lets users put trades into its system from dozens of digital currency exchanges and automatically create tax reports that can be brought into TurboTax, according to the report. He noted that the attacker could view support center information and took a file that had data with the inclusion of 1,082 email addresses.

blockchain 160

blockchain System Bitcoin Taxes 160

Payments Source

AUGUST 8, 2019

Today: FCA recommends authentication delay; Visa CEO on gun payments; Fraud dips in Australia; Bitcoin tax bill advances; Stripe expands in Latin America. The information you need to start your day, from PaymentsSource and around the Web.

Bitcoin 73

Bitcoin Taxes America Fraud 73

PYMNTS

AUGUST 28, 2019

Part of its policy would have crypto offenders subjected to the same punishments as money launderers, adding that “Victims of cryptocurrency crime and fraud should be compensated from a fund established by the cryptocurrencies and exchanges that do business in the UK.

Policies 116

Policies National cryptocurrency Bitcoin 116

PYMNTS

SEPTEMBER 14, 2018

Though he told investors not to worry — the sales are for personal reasons and tax bills — it should be noted that the shares are down more than 60 percent on the heels of struggling cryptocurrencies and an investigation into a subsidiary’s sale of digital tokens.

Fraud 139

Fraud cryptocurrency Bitcoin America 139

PYMNTS

SEPTEMBER 8, 2020

The coins affected included bitcoin, ether, XRP, tezos, algorand and TRON, and the hackers transferred their stolen items into public wallets that have since been emptied, according to CoinDesk. Both companies work to provide tax software for cryptocurrencies, but Blockpit CEO Florian Wimmer said the companies have different strengths.

Bitcoin 131

Bitcoin cryptocurrency Fintech Software 131

PYMNTS

MAY 11, 2018

Bitcoin — among other cryptocurrencies — took a fall on Friday (May 11) and hit a three-week low as news surfaced that authorities raided South Korea’s largest crypto-exchange, CNBC reported. Following the news, bitcoin dropped 5.5 Following the news, bitcoin dropped 5.5 The price of bitcoin was $8,649.16

Bitcoin 101

Bitcoin cryptocurrency Comparison Taxes 101

PYMNTS

AUGUST 5, 2016

Visa also announced that it had extended the real-time, ubiquitous capability to other disbursement types as well including insurance claims, contractor payments, tax refunds and even merchant account real-time funds settlement. So, we all know this – chip cards were not going to fix the problem of fraud at the POS.

Bitcoin 100

Bitcoin Payments Samsung social media 100

PYMNTS

MARCH 9, 2020

The FBI has once again sounded the alarm on the proliferation of digital fraud like ransomware and the business email compromise (BEC) scam, releasing new stats on the financial damage such criminal activity has caused in the U.S. 3 individuals were arrested in India for an invoice fraud scam , according to CNBCTV reports this week.

San Diego 141

San Diego Fraud New York Report 141

PYMNTS

SEPTEMBER 5, 2018

Goldman’s reported backing off of the trading desk idea comes after the company had been mulling clearing bitcoin futures for at least some clients, the newswire stated. That indecisiveness seems presaged by CEO Lloyd Blankfein, who tweeted in October of last year that he and/or the firm were “still thinking about bitcoin.

Bitcoin 103

Bitcoin cryptocurrency Taxes Security 103

PYMNTS

OCTOBER 18, 2019

dollar-backed digital currencies for the payment of government taxes, fees and services. It mitigates fraud risk, and alerts us of any unauthorized movement of the financed cargo. In other news, Bermuda will now accept one-to-one U.S. Technology is the future.

blockchain 101

blockchain Samsung Bitcoin Innovation 101

PYMNTS

JANUARY 8, 2018

Bitcoin turned nine, and was celebrated by seeing its price per coin exceed $20,000. Credit Karma said yes to early tax refunds for consumers – for free. Good Tax Lending Karma. Funds can be deposited into a consumer’s account with 24 hours of the IRS accepting their fully filed tax return.

Taxes 105

Taxes Data Louisiana Colorado 105

PYMNTS

JULY 22, 2019

KeyBank’s Costly Payroll Fraud Problem . Regional banking force KeyCorp disclosed a massive fraud that could potentially cost as much as $90 million – according to reporting out of CNBC last week. A loss for KeyCorp – but by far not the weeks’ biggest, or most explosive case of fraud. Starting with.

Data 100

Data Security Fraud Indiana 100

PYMNTS

MARCH 29, 2018

Emailage stopped almost twice as much potential fraud in 2017 as in the previous year. billion in potential fraud was prevented, compared to last year’s $1 billion. What makes Dade different is that it focuses on corporates’ needs rather than banks’ needs, while supporting it all with the intel of seasoned experts in the banking world.

cryptocurrency 109

cryptocurrency Regional Bitcoin Cards 109

PYMNTS

FEBRUARY 21, 2018

Governments may not be too keen on bitcoin, but blockchain is another story. Perhaps it isn’t surprising that analysts are now musing about how to avoid a repeat of the Punjab National Bank fraud scandal, and some are looking towards blockchain to do so.

blockchain 130

blockchain Los Angeles Regulation Oregon 130

PYMNTS

FEBRUARY 15, 2019

Card-present fraud slides, again: Continued traction is evident in the fight against fraud at the register. Visa reports that merchants have seen an 80 percent drop in card-present fraud – as measured from September 2015 to September of 2018 – due to the increased adoption of Europay, Mastercard and Visa (EMV) chip cards.

New York 115

New York New York City Virginia Nashville 115

PYMNTS

FEBRUARY 18, 2019

Cryptocurrency has come a long way since bitcoin’s emergence as an unregulated, anonymous payment technology. Interestingly, JPMorgan CEO Jamie Dimon has historically been one of the loudest critics of cryptocurrency, slamming the technology as “ a fraud.” BitRail doesn’t yet operate in the B2B payments space.

cryptocurrency 175

cryptocurrency Payments blockchain Compliance 175

PYMNTS

OCTOBER 14, 2016

Measuring payment fraud and potential system capacity concerns are just two of the metrics that the company monitors to ensure the smooth sailing of its holiday shipping operation, Hull said. In the cross-border shipping space, calculating fees and taxes in real time is yet another challenge that plagues efficiency, Hull said.

Operations 100

Operations Payments Retail Fraud 100

Tomorrow's Transactions

JANUARY 20, 2016

In his report, Sir Mark focuses on a particular kind of distributed ledger, the bitcoin blockchain, and attempts to explain it to the general reader and then explore some of the potential uses. When it comes to VAT , for example, the report also mentions machine learning and quantum computing as techniques to reduce VAT fraud.

blockchain 39

blockchain Bitcoin Technology Report 39

PYMNTS

AUGUST 19, 2019

Hamas, the militant Palestinian group, has come up with a new way to raise funds for its terror campaigns: bitcoin. This latest report follows recent warnings by government authorities and organizations about an increase in Islamist terrorist organizations using bitcoin and other digital coins to raise funds.

Bitcoin 150

Bitcoin Groups Video New York 150

Fintech Labs Insights

AUGUST 12, 2014

Pay with with Dwolla or Bitcoin, and manage all your orders in one place. 2013 Buttercoin [link] Trade bitcoin with ease. True Link Financial [link] We keep a watchful eye out for fraud and spending mishaps so you can spend your time doing what matters. Coinbase [link] Your Hosted Bitcoin Wallet. Then set and forget them.

Fintech 26

Fintech Bitcoin Cards Online 26

Fintech Labs Insights

NOVEMBER 12, 2015

Bitcoin exchange. Tags: Enterprise, fraud, security, online banking, payments, API, developers, big data. Total raised: $1.45 HQ: London, England, UK. Source: Crunchbase. NextBank Project. Latest round: $950,000. Total raised: $ million. HQ: Vanuatu. Source: Crunchbase. Camino Financial. Source: Crunchbase. Painless1099. EDGARreader.

New York City 12

New York City Company Fintech San Francisco 12

PYMNTS

AUGUST 21, 2018

It’s no secret that blockchain is becoming ever more divorced from bitcoin, with which it has been traditionally associated. Imagine taxes being automatically charged appropriately and immediately on every single financial transaction and transported seamlessly, at no cost, into the tax authority’s crypto wallet,” he projected.

Policies 136

Policies blockchain Taxes Bitcoin 136

Fintech Labs Insights

MARCH 22, 2016

Emailage raised an undisclosed sum for its fraud prevention technology keyed off email address. Fraud solutions based on email addresses. Tax preparation technology. Tags: Consumers, tax prep, personal financial management. Cachet Financial Solutions raised $500,000 for its remote deposit platform. Source: Crunchbase.

Company 12

Company New York City Fintech Colorado 12

PYMNTS

JANUARY 21, 2021

and abroad have concentrated on bitcoin exchanges that facilitate trading, enabling law enforcement to follow the money via the blockchain network's open payment ledger. Regulators in the U.S.

blockchain 281

blockchain cryptocurrency Bitcoin Taxes 281

PYMNTS

JUNE 9, 2017

Though that’s critical for a number of reasons – cash management and predictability, accounting and reconciliation, and reducing data-entry errors – combatting fraud may stand to gain the most from more sophisticated accounting data management practices. Then there’s payment fraud, which Dahl said often occurs in the form of check fraud. “I

Technology 109

Technology Fraud Capital Management 109