PYMNTS

OCTOBER 18, 2019

Samsung SDS will reportedly launch a blockchain-based medical claims processing system this month. dollar-backed digital currencies for the payment of government taxes, fees and services. Telegram is challenging the SEC’s assertion that Grams is a security. In other news, Bermuda will now accept one-to-one U.S.

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blockchain Samsung Bitcoin Innovation 101

PYMNTS

JULY 25, 2018

The move to bring blockchain beyond cryptocurrency confines — and toward more commercial use cases — continues, with far-flung projects making headlines. In the telecom world, South Korean firm KT said it has applied blockchain to its commercial network. In this case, cryptos will be used for tax returns and municipal payments.

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blockchain Google cryptocurrency New York 109

PYMNTS

APRIL 4, 2018

In their place has risen a new system of exchanging funds that have made payments faster, more efficient, more secure and, above all, smarter. In the rideshare market, for example, Uber and Lyft are allowing drivers to get paid more quickly, and with greater flexibility, than waiting for payday to roll around.

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Taxes Report System blockchain 100

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 ).

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blockchain Fraud Data Report 148

PYMNTS

APRIL 17, 2019

Blockchain got a few mentions during IBM’s conference call with analysts after earnings were released Tuesday (April 16) after the markets closed. Systems sales slipped 11 percent as mainframe and other hardware demand slid, and demand seemed soft in emerging markets. billion, down 7 percent. Business services were $4.1

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PYMNTS

JANUARY 26, 2018

And lest you think changes in tax policy sow confusion only in the United States, think again. Bitcoin breeched a key psychological barrier on news that the South Korean government would tax income earned by virtual currency exchanges to the tune of 24.2 This past week saw a wild ride. billion raised. Both are not optimal mediums.

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Bitcoin Taxes cryptocurrency Regulation 123

PYMNTS

JANUARY 8, 2020

8), the Securities and Exchange Commission ’s (SEC’s) Office of Compliance and Examinations (OCIE) offered up a list of its priorities for the year that has just dawned. In addition, there will be examination of transfer agents (which help to settle transactions) that are developing blockchain technology.

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blockchain Phoenix Compliance cryptocurrency 138

PYMNTS

DECEMBER 27, 2019

We have a deep dive into spend management in addition to news involving the Sprint and T-Mobile merger, as well as data on state tax laws. . Uber was ordered to stop securing business in Colombia via its popular ride-hailing app. A ‘Diaper’ By Any Other Tax Code: The Complexities Of Selling Across State Tax Laws.

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Taxes Mobile Management blockchain 101

PYMNTS

JANUARY 10, 2018

Just like the volatility of bitcoin, the world of blockchain is no stable place. In this week’s Blockchain Tracker , PYMNTS looks at the ups, downs and incoming regulatory efforts surrounding DLT. In this week’s Blockchain Tracker , PYMNTS looks at the ups, downs and incoming regulatory efforts surrounding DLT. Blockchain Ups.

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blockchain Nebraska Bitcoin cryptocurrency 101

PYMNTS

MAY 10, 2017

Némethi had never been a migrant, but he had been an immigrant — and he knew that something as simple as securing a bank account is not so simple for a stranger in a strange land. “It It was still three months before I could get a proper Norwegian bank account because I was temporary tax member. The Power of the Blockchain.

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blockchain System social media Mobile 155

PYMNTS

JANUARY 10, 2019

From tax refunds and government assistance to payments made for home service and housekeeping professionals, faster payout solutions appear to be gaining popularity — all around the world. Visa recently partnered with Shieldpay to introduce secure card payments on peer-to-peer (P2P) platforms to the nation’s £120 billion ($151.1

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Marketing blockchain Online Cards 156

PYMNTS

JUNE 16, 2016

The market has covered the adoption of automation and electronic invoicing among corporates for several years now, and while eInvoicing is far from achieving full integration, there are new trends emerging in the industry. Finally, the outlet noted, eInvoicing is beginning to play an important role in the adoption of blockchain technology.

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blockchain Taxes Mobile Trends 100

PYMNTS

DECEMBER 1, 2017

From a firm that targets accounting for blockchain companies to a social network for farmers, investors certainly diversified their funding targets. But there is a clear common thread among the B2B startups that secured fresh funding this week: data analytics. Blockchain. InstaFreight, based in Germany, announced more than $9.5

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Analytics blockchain Data Big Data 118

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.

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CB Insights

NOVEMBER 21, 2019

The 2019 Canadian fintech market map. The startups selected for inclusion in the market map below are all Canada-headquartered, VC-backed fintech companies that have at least US $1M in equity funding, and have obtained equity funding since the start of 2015. Navigating the Canadian fintech market map. Blockchain and crypto.

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Fintech Marketing US Technology 93

PYMNTS

FEBRUARY 18, 2019

According to blockchain and cryptocurrency company BitRail , JPMorgan’s announcement was certainly a validating moment for the industry. Indeed, what will drive crypto adoption, Chell told PYMNTS, is in the technology’s ability to reduce payments friction, and integrate compliance and security.

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cryptocurrency Payments blockchain Compliance 175

PYMNTS

AUGUST 28, 2019

Kadena has announced the launch of an upgraded version of its blockchain solution to the Microsoft Azure Marketplace. The “Kadena Scalable Permissioned Blockchain” is now available on Azure Marketplace for free. The sheer volume of transactions makes this a national security threat,” the party wrote in a post on its website.

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PYMNTS

AUGUST 13, 2019

Companies that opt to pay employees in crypto will be able to deduct tax under the country’s pay-as-you-earn income tax scheme. In other news, blockchain-based remittance service Velo is entering into the cross-border remittance market in Southeast Asia, which has seen over $65 billion is remittances each year.

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Bitcoin Taxes cryptocurrency blockchain 123

PYMNTS

OCTOBER 14, 2020

With the treasury market for S&P 500 companies valued at $2.3 Treasury desks will diversify money market and CD portfolios into these assets as digital assets are better understood and regulated, thereby improving risk/reward profiles,” Ehrlich said. Ehrlich said stablecoins, including the U.S.

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cryptocurrency Regulation Trends Bitcoin 323

South State Correspondent

FEBRUARY 14, 2022

Part of the allure of Amazon is that they keep a record of purchases and use the data to help both in reorder and for marketing of other suggested items. Product codes, quantity, unit charge, sales tax, time, location, and some 15 other fields are often collected and used for security, marketing, accounting, and general information.

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blockchain cryptocurrency Data Payments 195

PYMNTS

JULY 26, 2020

dollars that does not suffer from the delayed settlement and chargeback issues of traditional payment solutions, or the legal, accounting and tax issues of stablecoins,” the release stated. The new banking options are largely built around blockchain technologies. SPDIs may focus on traditional assets as well.”

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Wyoming cryptocurrency Regulation blockchain 153

PYMNTS

MARCH 2, 2018

Total venture capital across the global FinTech market between 2010 and 2017 hit a combined $97.7 For markets like the U.K., alternative small business lending firm, that secured $900 million in 2017, while other alternative finance players, like LendingPoint and SoFi , landed significant investment rounds. Blockchain.

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Fintech Capital blockchain Lending 118

PYMNTS

SEPTEMBER 12, 2019

A 2019 study underscored this point, discovering that even though the AML software market is slated to grow 15.25 percent from 2019 to 2026, the technologies’ high costs and lack of skilled IT professionals prevent the market from doing so more quickly. Cryptocurrency and Blockchain.

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cryptocurrency Regulation Compliance blockchain 116

PYMNTS

SEPTEMBER 10, 2019

Despite all the discussion about verifying digital IDs without creating friction for the user, recent incidents like cybercriminals using AI to impersonate an energy company’s CEO to falsely request money could give security professionals nightmares. The digital identity verification market is projected to reach $12.8

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PYMNTS

DECEMBER 28, 2018

Innovators introduced new ways for banks to onboard their customers and manage their KYC compliance requirements, including firms like R3, which began piloting its blockchain-powered KYC solution with corporate treasurers and banks this year. See what Bergal had to say below. The Big KYC Trend From 2018.

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Compliance Regulation blockchain Taxes 186

PYMNTS

MAY 18, 2018

B2B startups in the small business banking, expense management and analytics sectors led this week’s investment roundup, securing more than half of the $108 million raised. But it’s a startup in Africa that not only secured the largest investment round of the week, but set a new record in the process, raising $47.5

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Fintech blockchain Analytics Capital 134

PYMNTS

JULY 9, 2018

As reported in March, a withholding tax of about 15 percent would apply to gains stemming from sales of digital tokens and cryptocurrencies. should have a “public-facing chief blockchain officer.” The idea comes as roughly 40 percent of the more than two dozen startups in the country are tied to blockchain.

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cryptocurrency Regulation blockchain Data 101

PYMNTS

APRIL 30, 2018

In this world, the only things certain are death and taxes. Blockchain. Blockchain. Take the blockchain. An alien landing on Earth and reading the popular tech press would be thoroughly convinced that blockchain is the biggest thing to have happened here since the invention of indoor plumbing. Benjamin Franklin.

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Fintech blockchain Lending Digital Banking 183

PYMNTS

SEPTEMBER 27, 2019

This week, two massive deals landed with B2B payments innovators at Fundbox and Tipalti, but they were far from the only players to have secured new funding. Operating out of New Zealand, Hnry offers gig economy workers tax administration technology that has just caught the attention of investors to the tune of $1.35 Everledger.

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Payments Capital Taxes Lending 149

PYMNTS

JULY 27, 2018

But it wasn’t the only – or even the largest – B2B startup to secure funding. Cross-border B2B payments company Flywire secured $100 million in funding this week, led by Temasek, while existing backers Bain Capital Ventures and F-Prime Capital Partners also participated. space: security, orchestration, automation and response.

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Payments Capital Security Management 101

PYMNTS

SEPTEMBER 15, 2017

Hodlers have hodled through a hard fork in the blockchain, which spawned Bitcoin Cash on Aug. A hard fork is when the blockchain splits into two separate chains due to a radical change in protocol — often introduced to address a cybersecurity vulnerability. Like the FCA said: highly speculative.

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Bitcoin cryptocurrency blockchain Regulation 177

PYMNTS

MARCH 5, 2018

Securities and Exchange Commission issued scores of subpoenas and Requests for Information (RFIs) focused on initial coin offerings (ICOs). market is a given. Painting them with a broad brush may be unfair, as some firms seek to raise funds to bring legitimate projects to market. On the one hand, the move is hardly unexpected.

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Bitcoin cryptocurrency Regulation Course 123

PYMNTS

APRIL 27, 2020

Nothing brings money to top of mind like tax season — and tax refunds and stimulus payments , doled out in the wake of a pandemic known as the coronavirus. The trillions of dollars in stimulus funding and tax refunds being extended to families, individuals and businesses is coming — but slowly. Tax refunds? Very slowly.

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blockchain Taxes Industry Payments 272

PYMNTS

MARCH 12, 2018

Securities and Exchange Commission issued scores – the tallies varied depending on where you got the news, but The Wall Street Journal estimated “dozens” – of requests for information and subpoenas from companies who have dipped, or are dipping, corporate toes in the initial coin offerings pool. A velvet hammer? A helping hand?

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Regulation Security Course blockchain 117

PYMNTS

NOVEMBER 11, 2016

The election came and went and, with it, brought some stock market shock. International markets opened Wednesday (Nov. International markets opened Wednesday (Nov. But as markets saw their prices fall, bitcoin’s numbers went up. 9) morning on a down note: Stocks in London dropped 4.3 Way up, way fast.

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Bitcoin cryptocurrency Security Taxes 192

PYMNTS

NOVEMBER 14, 2019

Time report collection, data aggregation across different formats and departments, data consolidation for processing, tax withholdings and benefits calculation must all be done, approved, and processed for on-time payroll. But on the back end, said Eynat Guez, Papaya Global co-founder and CEO, complexities abound. The Distributed Workforce.

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Payments Compliance Taxes Technology 127

PYMNTS

OCTOBER 10, 2017

Digitization of B2B payments is on the rise, but the trend is challenged by discrepancies across geographic markets, according to the latest World Payments Report by Capgemini and BNP Paribas. Developing markets are driving this growth, too. The 2017 report , released Monday (Oct. Similarly, Asia and Latin America are set to see a 13.2

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