Abrigo

SEPTEMBER 20, 2023

Join Abrigo for a webinar discussing risk assessments' role in compliance. 1st-party debit or credit card fraud : Card fraud causes financial institutions significant monetary losses. This abuse was frequent with the Paycheck Protection Program (PPP) set up during the Covid-19 pandemic.

Fraud 195

Fraud Trends Cards Software 195

South State Correspondent

MAY 13, 2024

The major themes of fraud, artificial intelligence (AI), expansion of instant payments, open banking, and regulation were particularly relevant to your roles as executives, risk managers, compliance officers, and technology leaders. More states require greater disclosure and control over what banks and card processors can charge.

Conference 195

Conference Payments Fraud Data 195

PYMNTS

NOVEMBER 13, 2020

But it was a Banking-as-a-Service company that led the roundup this time, with one startup looking to expand into Credit Cards-as-a-Service with its latest investment. The company also streamlines supplier onboarding, contract management and other workflows within the procure-to-pay space. million in new funding for U.K.-based

Capital 229

Capital Cards Fintech Payments 229

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 an interview with PYMNTS, Colin Zalewski, senior product marketing manager for One, Inc., We have your credit card on file. In one example, One, Inc.

Taxes 101

Taxes Payments social media Policies 101

PYMNTS

OCTOBER 15, 2018

Their partnership will enable small businesses to collect payments via QR code or cards, while Zoho will link business customers to its ERP software to support Goods and Services Tax (GST) compliance. A press release from Mastercard, issued Monday (Oct.

Taxes 182

Taxes Compliance Payments Software 182

PYMNTS

SEPTEMBER 8, 2020

Any number of variables can highlight how the traditional two-week pay cycle puts pressure on the management of household finances. It’s well known that individuals must pay bank and auto loans, utility and credit card payments in a timely manner or risk facing penalties. Other states, like Florida, may have no state income tax.

Taxes 170

Taxes Los Angeles New York City New York 170

PYMNTS

JULY 26, 2018

Finally, Sovos is augmenting its corporate tax compliance software offering with Tipalti’s tools. ” Sovos Global Vice President of Alliances Andrew Chi said the collaboration with Tipalti is part of its response to the digitization of government operations, including tax and compliance.

Technology 102

Technology Taxes Fintech Compliance 102

South State Correspondent

AUGUST 31, 2022

Then there are vendor contracts, employment agreements, statements of work, loan documents, financial statements, tax returns, deposit account documents, policies, and an array of similar applications. Pulling data off a tax return has a low error rate while pulling data off an attorney-prepared loan document is more challenging.

Training 448

Training Data Examples Taxes 448

Gonzobanker

AUGUST 17, 2022

Then, bad grades came in right as summer party season kicked off, mom and dad took away the car and credit card, and the Venmo transfers came to a screeching halt. First, there was the drama leading up to the breakup with the rich hottie. Thankfully, there was still a smartphone and social media to commiserate.

Fintech 184

Fintech Lending Software Compliance 184

FICO

MARCH 25, 2022

While it may seem like an esoteric topic, explainability in fraud management is important – and it’s especially relevant when it comes to using AI and machine learning in fraud detection and prevention. In other words, a fraud management system isn’t a black box. Effective Fraud Management Requires Explainable Technology.

Fraud 52

Fraud Management System Course 52

PYMNTS

NOVEMBER 2, 2018

An expansion of its existing integration will introduce enhanced General Ledger Interface mapping via Accountant Connect, allowing accountants to seamlessly link into and interface with QuickBooks and other accounting platforms to manage their small business (SMB) clients’ finances.

Taxes 156

Taxes Resources Compliance Data 156

Abrigo

FEBRUARY 15, 2023

Develop your risk assessment with the AML/CFT priorities in mind Evaluating each FinCEN priority and addressing them in your financial institution's risk assessment is key to compliance. The most common types of fraud include bank fraud, consumer, health care, securities, and tax fraud. Be ready for AMLA-related changes.

Fraud 195

Fraud United States Training Policies 195

PYMNTS

AUGUST 27, 2019

The Certified Personal Accountant (CPA) today now has a plethora of FinTech solutions they can use to manage their clients’ money, with the number of digital tools — including cloud accounting portals, cash flow forecasting solutions and intelligent technologies like artificial intelligence (AI) — continuing to rise. Changing CPA Roles.

Fintech 150

Fintech Online Management Cards 150

PYMNTS

JUNE 13, 2019

“Our goal is to continue to help our clients meet this increasing demand for slick, simple and more convenient cross-border payments, and make it easier for Visa cardholders to manage their money when traveling.”. Mastercard, Too. Separately, and beyond the U.S., Separately, and beyond the U.S.,

Charlotte 189

Charlotte Payments Taxes Compliance 189

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. Yet, the burden of financial management, from tedious data entry to compliance challenges, is a nonnegotiable part of starting a small business (SMB). “In retrospect, it was a big mistake.

Capital 154

Capital Taxes Software Data 154

PYMNTS

NOVEMBER 1, 2018

In the rare instance that a new market emerges, using the blueprints that other industries have created in supply chain management, logistics, procurement and other areas may seem like the easy path to take. “It’s not just about the retailers and distributors and brands; it’s about the state and local taxes.”

Taxes 122

Taxes California Regulation Innovation 122

PYMNTS

FEBRUARY 18, 2020

This creates new security challenges as firms must learn to centrally manage their fraud protection methods while also gauging threats across many different channels. FIs and PSPs in Europe are particularly interested in robust fraud-busting technologies for SCA compliance, which is mandated under PSD2.

Fraud 131

Fraud Customer Experience Compliance Survey 131

PYMNTS

JUNE 7, 2018

According to Arro, sole traders are an underserved demographic in the financial services market, often forced to rely on personal account services with inadequate cash management, tax and compliance offerings. The challenger bank first launched its small business account service late last year following a Series A fundraiser.

Taxes 133

Taxes Compliance Meeting Mobile 133

PYMNTS

NOVEMBER 16, 2017

And the team got another crash course in tax compliance after the first year, when a lack of planning left them scrambling at tax season to hunt down information and vendors — some of whom had since gone out of business. It was a nice crash course early on,” Wu said. It just took a while to find the right one. 7 at 12:00 p.m.

Taxes 115

Taxes Compliance Course Payments 115

FICO

DECEMBER 21, 2016

That means 2017 should be a risky year from a compliance standpoint. Firms should be investing in new sources of data and data aggregation tools to help improve KYC compliance, onboarding, and customer risk profile monitoring.". Today, it’s really only Tier 1 banks that use analytics in AML, KYC and tax compliance areas.

Compliance 40

Compliance Analytics Taxes Groups 40

PYMNTS

MAY 14, 2018

Right alongside those tallies, payroll cards are gaining traction, having accounted for six million cards at the end of last year and expected to grow to as many as eight million cards in 2022, Aite Group reported. The PYMNTS Gig Economy Index has estimated that gig workers account for 3.7

Payments 125

Payments Millennials Cards United States 125

BankBazaar

NOVEMBER 7, 2019

do check out the tax compliance aspects at your destination country. Each country has its own level of tax compliance, and their tax compliance act will be applicable on any earnings that you make from your investments. Leave No Loose Ends When It Comes To Your Taxes. However, before you do anything.

Taxes 68

Taxes Policies Compliance National 68

PYMNTS

MAY 24, 2016

The bill payments can be made across wire transfers, international ACH and cards, among other options. That’s key, especially in the event that expanding firms must work with country-specific regulatory and compliance issues, as well as the ever-present, ever-shifting sands of currency conversions.

Compliance 100

Compliance Examples Taxes Payments 100

PYMNTS

JANUARY 17, 2019

As innovative technologies move down stream, small and medium-sized businesses are poised to benefit significantly from being able to customize a flexible payroll and human capital management (HCM) program. receiving paper checks and even fewer using payroll cards. ” In the U.S.,

Capital 173

Capital Tools Survey Management 173

PYMNTS

AUGUST 5, 2019

But federal law still views marijuana as an illegal substance, which prevents most financial institutions, payment card networks and other providers from taking part in those sales. One of the toughest parts of Know Your Business (KYB) compliance is understanding that the bad guys mimic what the good guys already do. Onboarding Stage.

Company 163

Company Payments Fraud Meeting 163

PYMNTS

OCTOBER 22, 2018

Fraudsters have found a new favored method for the holidays, the Sears’ bankruptcy filing finally came in and the major card networks found themselves on the wrong side of India’s emerging data privacy efforts. Gift Cards’ New Unfavorable Fans. As of September 2018, losses from gift-card fraud have hit $53 million.

Data 134

Data Fraud Cards Regulation 134

PYMNTS

MAY 31, 2018

The IRS is hiring and training more than 3,000 agents to enforce its Foreign Account Tax Compliance Act (FATCA), and the onus is now on the payer to collect all necessary tax documents from the payee and validate the info on those forms. AvidXchange.

Taxes 107

Taxes Compliance Tools System 107

PYMNTS

MAY 31, 2018

The IRS is hiring and training more than 3,000 agents to enforce its Foreign Account Tax Compliance Act (FATCA), and the onus is now on the payer to collect all necessary tax documents from the payee and validate the info on those forms. AvidXchange.

Taxes 101

Taxes Compliance Tools System 101

PYMNTS

MAY 15, 2017

In the first case, Everi Holdings stated that quarterly revenues of $237 million were at the upper range of guidance, with the payments business (at $182 million and up 16 percent year over year), according to management, benefitting from positive macro trends, and with continued expansion of ATM business seen in North America.

Payments 100

Payments ATM Taxes Regional 100

PYMNTS

DECEMBER 11, 2019

Eika Group will connect member banks to EedenBull’s range of tools, including employee expense management and business card spending solutions, so they can link those technologies to their customers. Now they don’t have to. Alliance Bank Taps Into Ephesoft Data Capture.

Fintech 132

Fintech Groups Data Strategy 132

PYMNTS

OCTOBER 17, 2018

GFA, however, will offer basic financial tools to these businesses, including access to online banking, checking accounts, debit cards, cash management and payroll services. GFA will also follow compliance guidelines and take steps to ensure it only engages with legitimate retailers. “We

Colorado 126

Colorado Massachusetts US Industry 126

PYMNTS

AUGUST 3, 2016

The business of cross-border domain name trading can be beset with compliance issues and confusing billing systems. Another priority was compliance, as the company had to be sure that it was trading appropriately. Compliance. company, it faced new compliance regulations, specifically OPEC sanctions.

Compliance 100

Compliance System Online Regulation 100

BankBazaar

JANUARY 31, 2021

However, in case of serious tax-evasion cases (Rs. Affordable housing projects to get a tax holiday for one year. Compliance burden of small trusts whose annual receipts does not exceed Rs. Digital payments are here to stay and we’re going to see greater adoption of modes such as UPI, netbanking, and Credit Cards.

Metro 122

Metro Taxes National Survey 122

PYMNTS

APRIL 29, 2016

The problem, he points out, may start with payment, but it soon extends into many critical risk and compliance activities, including KYC. One of the biggest gotchas, he says, is risk compliance and KYC, especially for those that try to build an in-house solution from the ground up. HAPPY PAYEE, HAPPY PROCESS.

Compliance 100

Compliance Cards Payments Management 100

PYMNTS

JULY 13, 2018

The current quarter included a 10-cent per share income tax expense. . Wayfair, which impacted how states may collect taxes on sales made by out-of-state sellers. . However, we have to do manage our other risks, such as compliance and operational risk.” per share, while earnings came in at 98 cents.

South Dakota 101

South Dakota San Francisco Indiana Wisconsin 101

Independent Banker

DECEMBER 31, 2021

For example, we don’t do mortgage lending right now, because we don’t have the compliance expertise and staff knowledge,” Silveria says. Planning for increased compliance costs. This year, Red River Bank will enhance its mobile banking and treasury management services and automate more back-office operations. In fact, 16.5%

Community Bank 144

Community Bank Community Lending Louisiana 144

CB Insights

NOVEMBER 21, 2019

A company’s primary line of business is implied by its current serviceable addressable market (SAM), management guidance, marketing materials, press releases, clientele, and/or partnership activity. Accounting and expense management. Wealth management. We subcategorize companies according to their primary line of business.

Fintech 93

Fintech Marketing US Technology 93