PYMNTS

AUGUST 5, 2020

Helium 10 has launched its new Alta program, which will let Amazon sellers access “robust digital wallet, rapid approval credit lines, daily advances on Amazon payments, international direct payment and tax management,” according to a press release. ” .”

Taxes 147

Taxes Capital Payments Management 147

PYMNTS

FEBRUARY 1, 2021

In a recent conversation with PYMNTS, he discussed how various trends in how employees wish to get paid and how employers manage those payouts are driving more organizations to digitize payroll operations, with payroll data an increasingly valuable asset for CFOs. The Value Of Integration. Cash Flow Implications.

Strategy 247

Strategy Taxes Management Trends 247

PYMNTS

DECEMBER 4, 2020

SellersFunding Expands Working Capital Services To Canada, UK, EU. It offers services via a combination of access to working capital, daily advances and global cross-border payment features, allowing for an end-to-end picture of how a company is doing. Intuit Closes $8.1 Billion Dollar Deal For Credit Karma.

Taxes 153

Taxes Capital Company Regulation 153

PYMNTS

NOVEMBER 13, 2017

Small business owners have a lot on their plates today and, depending on who one asks, top concerns range from taxes to late invoice payments. Luckily, research from Bank of America, Wells Fargo, Capital One and others often point to one thing: Despite the challenges, small businesses are optimistic.

Taxes 105

Taxes Survey Capital America 105

PYMNTS

APRIL 23, 2019

Financial management is mission-critical to the health and vitality of small business (SMB), but it’s also one of the most difficult tasks for entrepreneurs and business owners that may have the skills to launch new products or services, but lack the accounting expertise to handle the numbers. The firm secured $1.8

Fintech 154

Fintech Taxes Capital Analysis 154

PYMNTS

DECEMBER 10, 2020

Plus, HM Treasury is seeking input on the challenges that the sharing economy brings for value-added tax (VAT). We wanted to help bring down the cost and speed up the process to boost financial inclusion,” Xoom Vice President and General Manager Julian King said in a press release. Canada, Europe and U.K. Canada, U.K.

Payments 178

Payments Google Technology Taxes 178

PYMNTS

OCTOBER 31, 2019

Regulators must approve it as well. Yes Bank is a private-sector bank that mainly operates as a corporate bank, but it also does asset management and retail banking. The Bombay Stock Exchange’s Sensex index also saw record highs, with a rally of more than 40,300 points due to a corporate tax cut and other business-boosting reforms.

Regulation 100

Regulation Taxes Maine Capital 100

CB Insights

DECEMBER 15, 2020

Change has been long overdue for the wealth management industry, which is facing growing competition, outdated legacy tech , thinning margins , and an aging client base. Digitization will be crucial for wealth managers looking to capture or retain this generation of clients. In turn, this is driving revenue for big banks. .

Management 87

Management Fintech Industry Trends 87

PYMNTS

DECEMBER 2, 2016

We’re covering two weeks’ worth of B2B venture capital funding, and across the board, India has come out on top. But the largest venture capital funding round went to an accounts payable automation firm in the U.S. Cash Flow Management. Travel Expense Management. with an $18 million investment. Numberz.in.

Fintech 100

Fintech Capital Lending Taxes 100

PYMNTS

OCTOBER 24, 2016

Hong Kong is again pushing for more multinational corporate treasurers to call the city home with a new initiative by local regulators. At the event, government officials promoted their initiative , launched earlier this year, that offers tax breaks for corporate treasurers that set up shop in Hong Kong. Reports Friday (Oct.

Taxes 100

Taxes Capital Policies Regulation 100

PYMNTS

FEBRUARY 9, 2019

According to Intuit General Manager Alex Chriss, cash flow is a life-or-death factor for a company. ” In another statement, Euler Hermes Americas CEO and President James Daly said uncertainties and market risks have their own impact on organizations’ ability to manage cash flow, too. Fifty-two percent of U.S.

Survey 158

Survey Capital Management Taxes 158

PYMNTS

NOVEMBER 11, 2019

Hong Kong’s new regulations and supervision on digital assets transactions validates the importance of blockchain technology and digital assets, which is good news for the whole industry,” Cai said in a speech at the World Blockchain Summit in Wuzhen, China.

blockchain 109

blockchain Bitcoin Capital Taxes 109

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. Find out who raised the money, and other winners of this week’s B2B venture capital roundup, below. Expense Management. Small Business Banking.

Fintech 134

Fintech blockchain Analytics Capital 134

PYMNTS

MAY 9, 2019

I think, naturally, companies put more attention on customers, and receiving revenue from those customers, than they do on managing payments to suppliers. However, against the backdrop where such investment is limited by human capital and financial capital, the end result is that a wide range of accounts payable processes are manual.

Resources 177

Resources Management Payments Operations 177

PYMNTS

NOVEMBER 12, 2019

The blueprint for the proposed digital currency seems to offer Beijing extraordinary supervision over the flow of money, giving regulators economic control that most central banks do not have. “We I think you will see it very soon, in the next maybe two to three months,” Lee told CNBC at the FinTech Festival on Monday (Nov 11).

Bitcoin 101

Bitcoin cryptocurrency blockchain Conference 101

Gonzobanker

FEBRUARY 22, 2024

People: Employ the Whole Team Cornerstone recently conducted “boots on the ground” interviews with 30 community banks and found that responsibility for small business lending varied from institution to institution with some leaving it up to the branches and others assigning relationship managers to named accounts.

Lending 78

Lending Community Bank Community Strategy 78

PYMNTS

FEBRUARY 9, 2019

According to Intuit general manager Alex Chriss, cash flow is a life-or-death factor for a company. ” In another statement, Euler Hermes Americas CEO and President James Daly said uncertainties and market risks have their own impact on organizations’ ability to manage cash flow, too. 52 percent of U.S.

Survey 123

Survey Management America Capital 123

Abrigo

SEPTEMBER 5, 2023

Portfolio segments should be monitored and managed, not get buried in exception counts. This is particularly true of credit exceptions related to account management (e.g., Management may conclude that specific sections of the written policy are no longer relevant. and property tax payments. It just stays on forever.

Policies 195

Policies Lending Risk Management Examples 195

PYMNTS

NOVEMBER 6, 2018

Taxes, minimum wage, global trade tariffs — there are a lot of regulatory changes weighing heavily on the minds of U.S. Dr. Jonathan Mordis, PharmD, CPh, VP of business development at Corporate Capital Direct unit Rx Fund Assist , pointed to one of the root causes of cash flow pain for independent pharmacy owners.

Capital 130

Capital Iowa Management Community 130

PYMNTS

JUNE 15, 2018

In addition, corporate clients will be able to apply for working capital loans and make vendor and salary payments. In Africa, the biggest private bank in Kenya, CBA, has cemented a partnership with a FinTech there, Ennovative Capital, a Kenyan firm that licenses software to boost payments speeds.

Fintech 115

Fintech Compliance Software Taxes 115

PYMNTS

NOVEMBER 19, 2019

Ant Financial produced a pre-tax profit in the neighborhood of around $200 million, according to Alibaba’s yearly report. billion) in capital and local control. In addition, there will be another three available for wholesale banks, which foreign firms can run and the capital threshold is S$100 million. billion ($1.1

Digital Banking 101

Digital Banking Capital Taxes Groups 101

Bank Innovation

MAY 11, 2017

understand that 1) massive amounts of European capital flow to the U.S. company owned servers and 3) regional jurisdictional data, payments and identity infrastructure is inevitable and the most effective way to manage those threats is by giving would-be-global European firms a competitive edge in the form of regulation.

Regulation 252

Regulation Regional Apple America 252

Abrigo

FEBRUARY 5, 2021

Takeaway 3 Meanwhile, regulators continue to reinforce the importance of lenders knowing customers and beneficial owners. Even after redoing this certification, borrowers may then still be declined on the same application due to another incorrect validation rule (for instance, an Applicant Tax ID issue),” the letter said.

Fraud 195

Fraud Lending Taxes Regulation 195

FICO

DECEMBER 1, 2020

Increased provisions, reduced capital, less ability to lend. All this will raise the question: Whatever capital I have got, how much can I lend to borrowers who have a low confidence on their own financial prospects, and are unsure if they should borrow or not? They can optimize the use of their capital and who they lend to.

Taxes 76

Taxes Lending Capital Regulation 76

Jeff For Banks

MAY 20, 2017

And regulators are getting anxious. Reading between the lines, this bank is likely over the CRE guidance levels, and were probably getting grief from their regulators about it. And success is the great mollifier to risk managers that wish to take away the punch bowl when the party's rockin'. Anxiety, anxiety, anxiety.

Lending 60

Lending Regulation Community Community Bank 60

PYMNTS

FEBRUARY 19, 2018

In the B2B realm, the movement to get suppliers paid on time may become a struggle, mired as AP management is in the paper chase of manual effort. In the latest Topic TBD, Chen Amit, CEO of payables automation company Tipalti , told PYMNTS’ Karen Webster that automating the AP process lets management focus on, well, managing.

Management 129

Management Taxes Resources Payments 129

PYMNTS

APRIL 30, 2018

Fifty-two percent of SMBs predict business payments will be digital within the next five years , said Bank of America, while mobile phones are used by nearly all small business owners today – 89 percent say they use smartphones and other mobile devices to manage their business and operations like basic tasks, digital banking and digital payments.

Taxes 144

Taxes America National Community 144

PYMNTS

MARCH 16, 2018

Certainly regulations like PSD2 and the U.K.’s Remlinger, Project Manager — Solutions for Business at foreign exchange technology firm OANDA. For OANDA, that means developing a robust foreign exchange (FX) management solution for corporate treasurers — only the company isn’t targeting treasurers directly with the tool.

Risk Management 134

Risk Management Survey Management Fintech 134

PYMNTS

OCTOBER 19, 2016

A new report by Deutsche Bank and the Economist Intelligence Unit (EIU) explored how financial managers are handling the changing winds of the economy and found that macroeconomic conditions are now top of mind as treasurers fight to grow their businesses.

Survey 100

Survey Regulation Strategy Management 100

Abrigo

MAY 29, 2019

Does tax season or holiday retail volumes give you more alerts than you can handle with current staffing? Or if the unthinkable happens, you self-detect, or your regulators require that a look-back of alerts are needed because of possible missing suspicious activity? What about seasonality with your alerts? Connect with an advisor.

Analysis 150

Analysis Training Fraud Compliance 150

PYMNTS

JANUARY 23, 2017

Businesses face mounting risk thanks to things like geopolitical uncertainties and regulation but are also threatened by something as seemingly arbitrary as group chat platforms. Those challenges surpassed the 15 percent that said access to capital is their biggest challenge. And we’re not just talking about cyberattacks.

Survey 100

Survey Taxes Groups Analysis 100

PYMNTS

JANUARY 22, 2020

As for the mechanics: An “account aggregator” system is being created by banks, and will be regulated and licensed by the central bank. The aggregators have duties as fiduciaries to manage consent. To look at Europe as prologue, recent findings from the CMA9 (shorthand for the nine largest banks in the U.K.),

Data 141

Data Payments Regulation System 141

PYMNTS

JANUARY 22, 2020

As for the mechanics: An “account aggregator” system is being created by banks, and will be regulated and licensed by the central bank. The aggregators have duties as fiduciaries to manage consent. To look at Europe as prologue, recent findings from the CMA9 (shorthand for the nine largest banks in the U.K.),

Data 132

Data Regulation System Taxes 132

NCR

MARCH 1, 2016

As a result of the recession and market volatility, there has been a concerted effort in recent years throughout the banking industry to focus on a holistic approach to an institution’s overall risk management in order to achieve and sustain stability. Compliance Risk – The banking industry is highly regulated.

Risk Management 40

Risk Management Management Operations Meeting 40

CFPB Monitor

JULY 21, 2022

As we will discuss, it applies the BSA to persons providing corporate formation, trust, third-party payment, or similar legal or accounting services.

United States 78

United States Taxes Regulation Compliance 78

PYMNTS

JULY 18, 2017

And while SMEs are awaiting tax reform, this area also makes the U.S. Regulatory policies like tax reform and a boost in infrastructure spend may have small businesses looking up, but if regulators don’t act on those policy proposals, entrepreneurs can’t make moves to grow. “One, I think, is complexity,” the CEO said.

Software 109

Software Taxes Capital Policies 109

PYMNTS

JANUARY 10, 2018

is planning to launch its own cryptocurrency, Kodakcoin, described as “a photocentric cryptocurrency to empower photographers and agencies to take greater control in image rights management.”. The blockchain hype certainly hasn’t risen without catching the attention of regulators. Regulatory Moves.

blockchain 101

blockchain Nebraska Bitcoin cryptocurrency 101