PYMNTS

DECEMBER 10, 2020

In today’s top payments news around the world, Xoom is now offering clients in the U.S., the ability to send secure funds to 12 countries in Africa for a reduced fee, while Volante Technologies Inc. Plus, HM Treasury is seeking input on the challenges that the sharing economy brings for value-added tax (VAT). Canada, U.K.

Payments 178

Payments Google Technology Taxes 178

PYMNTS

DECEMBER 27, 2019

It’s the end of a short holiday workweek, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in payments and commerce news. 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. . Trackers and Reports.

Taxes 101

Taxes Mobile Management blockchain 101

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. For someone in the U.S.,

Bitcoin 123

Bitcoin Taxes cryptocurrency Regulation 123

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

JULY 27, 2018

The biggest investment news of the week came on Thursday (July 26), when cross-border B2B payments company Flywire announced an impressive $100 million funding round. But it wasn’t the only – or even the largest – B2B startup to secure funding. WeWork said it will use its investment to focus on expansion throughout China.

Payments 101

Payments Capital Security Management 101

PYMNTS

JANUARY 8, 2020

Square ‘s mobile card reader undoubtedly made a significant impact on the mobile point-of-sale ( mPOS ) market, and kick-started a slew of recent innovations to broaden the ability for small to medium businesses (SMBs) to accept payments just about anywhere.

Mobile 141

Mobile Payments Data Technology 141

MyBankTracker

AUGUST 12, 2020

Personal Capital is an online wealth management concept that started in 2009. Today, Personal Capital offers two sets of tools depending on whether you pay for their services or not. Personal Capital provides a paid wealth management service for those with $100,000 or more in investable assets. This is done securely.

Tools 52

Tools Capital Management Taxes 52

Abrigo

DECEMBER 18, 2023

WATCH Takeaway 1 Banks and credit unions are critical sources of capital for businesses in their communities, so how institutions assess CRE credits matters. Takeaway 3 Loan-level stress testing can help assess repricing risk, while capital stress testing helps clarify the impact of CRE loan losses on capital.

Risk Management 221

Risk Management Management Lending Capital 221

PYMNTS

MARCH 7, 2018

-based B2B FinTech, has raised $40 million in venture capital, according to TechCrunch reports on Tuesday (March 6). FirstMark Capital led the investment, reports said, while existing backers Redpoint Ventures, Index Ventures, Bain Capital and Thrive Capital also participated.

Security 100

Security Capital Taxes Resources 100

PYMNTS

AUGUST 16, 2019

With more than $200 million in venture capital funding landing with B2B FinTechs this week, investors had their eyes set on a variety of pain points in corporate finance. Small business finserv was a popular target this week, with startups securing funding for their SMB banking, lending and accounting tools. Lendingkart.

Fintech 179

Fintech Analytics Capital Lending 179

PYMNTS

JUNE 16, 2020

Cybercriminals are capitalizing on COVID-19, and they are doing so in tandem with the news cycle,” he said during the virtual hearing. They spoke before the Subcommittee on National Security, International Development, and Monetary Policy Tuesday. Head of Cybersecurity Strategy Tom Kellermann said, testifying before a U.S.

US 227

US Cyber Security Security National 227

PYMNTS

JANUARY 28, 2020

Last year, Intuit ’s global survey revealed 61 percent of SMBs struggle with cash flow, with payment processing delays one of the largest culprits of this challenge. Cloud accounting providers’ focus is on making sure you pay your taxes, and you have your reporting. Traditionally, their whole focus has been historical.”.

Payments 151

Payments Data Survey Management 151

PYMNTS

DECEMBER 17, 2020

Twenty-two percent of Americans have reported being targeted by pandemic-related fraud, for example, such as schemes involving fake personal protective equipment (PPE) merchants or fraudsters impersonating tax officials. Developments From The World Of Digital Fraud.

Fraud 255

Fraud Online Retail Examples 255

PYMNTS

AUGUST 17, 2020

The Federal Trade Commission recently filed a complaint against Yellowstone Capital, Fundry and their officers, alleging the merchant cash advance companies had been withdrawing funds from small business bank accounts. According to reports, the individual had access to the business’s bank accounts, allowing her to make tax payments.

Fraud 237

Fraud Trends Security Report 237

PYMNTS

DECEMBER 5, 2016

The experts estimate that the United States government spent millions trying to enforce it and deprived the states of billions in tax revenue — all without managing to make any significant change in American alcohol consumption. But the world is full of unexpected costs — just ask the team at CAN Capital.

Capital 100

Capital San Francisco Bitcoin United States 100

Accenture

MAY 30, 2019

Loss rates increased slightly YoY, and issuer after-tax returns are strong for those that report. Chase, Capital One and Synchrony continue to lead issuers with purchase volume growth of over 8 percent YoY?. American Express renewed the Delta program through 2029; Synchrony renewed Payment Solutions relationships with P.C.

Cards 158

Cards US Taxes Apple 158

PYMNTS

FEBRUARY 10, 2017

Belgium’s capital city is becoming known for more than just housing major international institutions like EU Parliament, EU Commission and NATO. Its capital city of Brussels, which serves as a home base for various international organizations, is working to also becomes a top contender as a global tech center.

Capital 100

Capital Regional Innovation Fintech 100

PYMNTS

AUGUST 10, 2018

Welcome to Five at Five, your late look at the payments and commerce news of the day. Overstock Rises on GSR Capital Investment in New Blockchain Unit. Shares of Overstock rose sharply after announcing that Hong Kong-based private equity firm GSR Capital is investing more than $270 million into Overstock’s blockchain subsidiary tZERO.

social media 101

social media Bitcoin blockchain Capital 101

PYMNTS

JUNE 25, 2018

It’s a relic of calculating payroll taxes manually and was instituted in the U.S. Gusto automates tax calculation, filing and payment. Capital One also announced last year a collaboration via its Spark Business unit to work with Gusto , as well as business payments firm Bill.com. almost 90 years ago.

Taxes 100

Taxes Capital Resources Fintech 100

Accenture

AUGUST 20, 2019

For the third straight quarter, Chase, Capital One and Synchrony led all issuers in purchase volume growth (over 10 percent YoY). Amazon and SYF expanded partnership with new secured “credit builder” PLCC; Chase and Southwest expand business portfolio with new SMB card; Synchrony renewed its sales finance partnership with Suzuki.

US 150

US Cards Capital Apple 150

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. But, despite the increased use of digital payments, cash remains king, especially for low-value transactions.

Payments 124

Payments Regional America Trends 124

PYMNTS

APRIL 23, 2019

Bookkeeping is at the core of many essential processes in the back office: tax filing, working capital management and access to financing, to name a few. In the case of accessing capital, the Federal Reserve ‘s latest analysis has suggested that small business demand for financing in the U.S. The firm secured $1.8

Fintech 154

Fintech Taxes Capital Analysis 154

PYMNTS

FEBRUARY 1, 2021

While payroll may appear to be among the least volatile areas of capital outflows, there are plenty of factors that cause fluctuations in how much money is issued to employees — and when and how they get paid. Cash Flow Implications. But there are other shifts in the payroll space with significant implications for company cash flow.

Strategy 247

Strategy Taxes Management Trends 247

PYMNTS

JULY 21, 2017

In total, businesses secured more than $145 million in venture capital (VC) across the U.S., FreshBooks CEO Mike McDerment spoke with PYMNTS to announce the $43 million in new venture capital for his SME accounting company. Based in India, Vayana wants to take advantage of the nations’ GST tax reform. Awake Security.

Management 100

Management Capital Taxes Security 100

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

Fintech 134

Fintech blockchain Analytics Capital 134

PYMNTS

MARCH 2, 2018

Toward the start of 2018, analysts began to highlight the potential for venture capital (VC) to embrace the B2B business model. and India drove a surge in FinTech venture capital funding in 2017, and Accenture Financial Services Senior Managing Director Julian Skan pointed to the B2B business model as a significant presence in this trend.

Fintech 118

Fintech Capital blockchain Lending 118

PYMNTS

MARCH 9, 2020

By teaming up with ezbob, we’ll be able to help our customers secure the finance they need in a matter of minutes, giving them the edge in today’s competitive market.”. The company’s plans were thwarted when it was revealed that it was miscategorizing a number of loans when determining capital requirements.

Metro 142

Metro Lending Strategy Capital 142

PYMNTS

DECEMBER 21, 2020

Consumers around the world have become intimately familiar with the “card-not-present” method of payment. The company’s core business is to enable businesses to access payment or collection of major expenses using credit cards where cards are not accepted, such as to pay rent, tax, invoices and payroll.

Cards 175

Cards Payments Tools Examples 175

PYMNTS

JANUARY 22, 2020

The financial companies are also required to have “robust” IT systems in place (which includes IT security, too). And, as has been seen in other open banking efforts, end users who download and log into apps will see a broad swathe of financial data in one place, spanning bills, taxes and spending. The Roadmap.

Data 141

Data Payments Regulation System 141

PYMNTS

SEPTEMBER 7, 2018

Another company includes Portal Finance , which works with factoring firms, banks and large enterprises to improve working capital through enhancing SMBs’ access to finance and promoting faster supplier payments. million venture capital raise. The company said this week that it secured $1.75 Countingup.

Fintech 109

Fintech Capital Lending Software 109

PYMNTS

NOVEMBER 22, 2016

The company secured $650,000 from Kae Capital and Khosla Impact, reports said Monday (Nov. “With GST [goods and services tax], which will start next year, and with the recent demonetization which is influencing businesses to come online, we expect our business to grow rapidly in the months to come,” he said.

Management 100

Management Fintech Capital Taxes 100

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. The company announced a $650,000 funding round led by Kae Capital and Khosla Impact. B2B Payments.

Fintech 100

Fintech Capital Lending Taxes 100

PYMNTS

JUNE 5, 2020

Those new features include a project directory to train a spotlight on urban development projects seeking capital (investors typically get tax benefits when they reinvest their capital gains). The demand side is represented by qualified funds seeking capital and the investors seeking to put capital to work.

Online 134

Online Capital Community Data 134

PYMNTS

JUNE 15, 2018

The partnership will offer integrated payments to micro, small and mid-sized enterprises, using the former’s accounting software. In addition, corporate clients will be able to apply for working capital loans and make vendor and salary payments. Auto bank reconciliation will also be available to SMEs. firm , PrimeRevenue.

Fintech 115

Fintech Compliance Software Taxes 115

PYMNTS

FEBRUARY 8, 2019

The company recently announced $10 million in venture capital funding, led by GV and Foundation Capital, while Amicus and Pierre Lamond also participated. Participants in the round also included 42K Investimentos, Chromo Invest and Capital Labs, as well as previous backers Yellow Ventures and Osher Tech.

Fintech 188

Fintech Capital New York City Analysis 188

PYMNTS

JUNE 6, 2019

to significantly increase their liabilities, leaving some investors caught off guard, according to Bloomberg Tax reports Wednesday (June 5). The lease accounting standard overhauls, led by the Securities and Exchange Commission (SEC), change the way companies report their lease commitments.

Taxes 108

Taxes Analytics Policies Retail 108

PYMNTS

MARCH 30, 2018

Boston-based PreVeil did not disclose how much it raised in its Series A funding round, but it did note that Spark Capital provided the funding to support the company’s email and file security solution. Kenna Security. Chertoff Capital made a “significant” equity investment in the round, the company said. Cybersecurity.

US 116

US Capital California San Francisco 116