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

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. Osome connects small and medium-sized businesses to a digital business assistant app to automate accounting, payroll and tax compliance workflows. and Hong Kong.

Capital 229

Capital Cards Fintech Payments 229

PYMNTS

JANUARY 12, 2021

The advantages of outsourcing the back-end integrations and compliance issues tied to, say, international markets can accrue swiftly to corporates’ bottom lines, free up resources and streamline back-end processes. Technology brings the concept of flexible payments into reality.

Payments 153

Payments Compliance Technology Taxes 153

PYMNTS

SEPTEMBER 8, 2020

He pointed to advancements in technology that allow people to tap into wages as they are earned to help alleviate financial stresses. 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. “We Other states, like Florida, may have no state income tax.

Taxes 170

Taxes Los Angeles New York City New York 170

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

PYMNTS

NOVEMBER 2, 2018

Payroll technology firm ADP is strengthening its integration into Intuit ‘s QuickBooks platform, the company said Thursday (Nov. That deal sees employees able to access their wages more quickly, with Ingo providing push payment technology for workers to use their mobile phones to cash checks or load funds to ADP payroll cards.

Taxes 156

Taxes Resources Compliance Data 156

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

PYMNTS

FEBRUARY 21, 2019

Financial technology firm Green Dot , which made its name on its prepaid debit card solutions, is ramping up its focus on Banking-as-a-Service (BaaS) after posting $14.3 Green Dot also plans to upgrade the BaaS platform again in 2020, he noted, with an emphasis on risk controls and compliance.

Taxes 188

Taxes User Experience Cards Operations 188

PYMNTS

NOVEMBER 1, 2018

With legal cannabis a fast-growing market, the industry has a unique opportunity to innovate and adopt technologies from scratch — adopting best practices from the get-go, rather than trying to fix another industry’s strategy. Take, for example, markets like the food and beverage, pharmaceutical and medical supplies space.

Taxes 122

Taxes California Regulation Innovation 122

PYMNTS

JUNE 13, 2019

In an interview with PYMNTS, Kevin Phalen, head of Global Business Solutions at Visa, told Karen Webster that Visa B2B Connect acts as a brand new, end-to-end global payments network, built on using elements of distributed ledger technology (DLT) and the open source Hyperledger Fabric framework hosted by The Linux Foundation.

Charlotte 189

Charlotte Payments Taxes Compliance 189

PYMNTS

JANUARY 22, 2020

Fifty-one percent of United States consumers stated in the most recent PYMNTS Disbursements Satisfaction Report that they would prefer to receive tax refunds, child support payments and other government payments through instant payout methods. government departments. Digital Disbursements’ Slow Growth Across U.S. Government Agencies.

Idaho 130

Idaho Illinois Innovation Tennessee 130

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

FEBRUARY 18, 2020

FIs and PSPs in Europe are particularly interested in robust fraud-busting technologies for SCA compliance, which is mandated under PSD2. Estimates suggest that synthetic identity theft is responsible for approximately 80 percent of the banking industry’s credit card losses.

Fraud 131

Fraud Customer Experience Compliance Survey 131

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. The good news?

Company 163

Company Payments Fraud Meeting 163

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

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

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

Abrigo

JULY 15, 2015

The transition from compliance to consulting makes sense: tax season is just that, a “season,” and nearly 60 percent of respondents to a Sageworks survey indicated they saw an increase in total revenue by adding financial services to their accounting practice.

Management 150

Management Resources Capital Taxes 150

Abrigo

AUGUST 19, 2020

Embrace technology to help your department and institution successfully shift to remote work. Imposter scams, money mule schemes, tax fraud, charity solicitations, and cybercrime exploitation methods have all found solid ground to twist a known fraud typology in something that looks legitimate during the fears of the pandemic.

Fraud 195

Fraud System Trends Software 195

PYMNTS

MARCH 14, 2018

Distributed ledger technology can be used to speed up information-sharing between market participants and regulators,” she wrote. The technology that enables instant global transactions could be used to create registries of standard, verified customer information along with digital signatures. In the U.S.,

blockchain 129

blockchain cryptocurrency Regulation Taxes 129

PYMNTS

DECEMBER 11, 2019

SMBs that nearly half (48 percent) said they don’t believe technology will impact their business. It is clear that as an industry we could do more to assure businesses of the security measures in place and demonstrate the tangible benefits of open banking and connected technology,” he added. Cash flow remains the No.

Fintech 132

Fintech Groups Data Strategy 132

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

Abrigo

APRIL 13, 2017

Additionally, the guide includes an overview of technology that helps create and accelerate cash flow, from smartphone-enabled credit card readers to business intelligence software. The eBook concludes with a one-page practice aid that briefly summarizes and includes quick tips on how to “Avoid Cash Flow Catastrophes.”

eBook 170

eBook Analysis Resources Taxes 170

PYMNTS

MAY 14, 2018

Emerging markets are wary of adopting anything too cutting-edge, so focusing on new technologies like blockchain could jeopardize relationships with the banks in those markets. There will also be tax liability and compliance challenges around the base currency where funds are being held. Risk and Compliance.

ATM 101

ATM Compliance Regulation Cards 101

PYMNTS

OCTOBER 10, 2018

In the battle of the payment rails, a few technologies tend to dominate the conversation. When it comes to business-to-business (B2B) transactions, paper checks are often the villain, cards an expensive but quick underdog, and ACH and its non-U.S.

Fraud 116

Fraud Compliance Innovation Payments 116

Abrigo

AUGUST 19, 2020

Imposter scams, money mule schemes, tax fraud, charity solicitations, and cybercrime exploitation methods have all found solid ground to twist a known fraud typology in something that looks legitimate during the fears of the pandemic. Tap into technology to help prevent and detect financial crime. Card Fraud. Learn more.

Fraud 195

Fraud System Trends Software 195

CB Insights

NOVEMBER 21, 2019

Finally, looking at Canadian “fintech” (financial technology) specifically, funding was up substantially in the first half of the year. Companies in this subcategory (1) provide technology to accounting and tax, bookkeeping, and expense management players, or (2) leverage technology to provide these services directly to end-users.

Fintech 93

Fintech Marketing US Technology 93

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. Technology is on community bankers’ to-do lists. Technology is both a challenge and an opportunity for community banks in 2022. Click to enlarge.

Community Bank 144

Community Bank Community Lending Louisiana 144

PYMNTS

AUGUST 3, 2018

For much of the world, electronic invoicing is taking off — not only for the benefits it offers, like enhanced cash flow visibility, but largely because jurisdictions are implementing eInvoicing regulatory requirements to crack down on tax evasion. Take credit cards, for instance.

Regulation 101

Regulation Data America Payments 101

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

PYMNTS

DECEMBER 14, 2017

Several global companies recently moved forward with efforts to introduce blockchain technology as a tool to enable smoother cross-border transactions. Under the agreement, Ripple will integrate into the AmEx FXIP platform which enables non-card payments to be routed through RippleNet. News from the cross-border space.

Trends 115

Trends Payments blockchain Report 115

Gonzobanker

JUNE 18, 2019

And when it comes to adoption of new technology, progress is measured in dog years. Fiserv bought OBS for Cash Management and Architect for Consumer Online Banking and then merged with First Data for card services. It also inked a 10-year deal with PSCU for card services. Talk about an overhaul of customer-facing channels.

System 86

System Strategy Technology Industry 86

PYMNTS

MARCH 5, 2019

Compliance and regulatory issues remain top of mind, of course, but so does the overall experience of both buyers and sellers. Expectations can differ from region to region regarding timing of payments, taxes, currencies, regulatory differences – and we look at all of those variables.”.

Regional 148

Regional Mobile Security Fraud 148

Gonzobanker

DECEMBER 17, 2021

Based on a clearly defined strategy, this team has established a dedicated fintech group that offers services ranging from BaaS to sponsoring card issuance and lending, to providing crypto services, to offering niche partnerships to the gaming industry. Brandon Dewitt, MX co-founder and chief technology officer. RIP, Brandon Dewitt.

Fintech 143

Fintech Strategy Leadership Lending 143

PYMNTS

AUGUST 1, 2018

technology hub.”. The driving idea behind the deal is that the reputation, technological experience and gambling expertise held by both firms — the GVC umbrella includes Ladbrokes Coral Group, Sportingbet, Betboo and other brands — will result in lower risk for the venture, along with speedy entry to the market.

United States 101

United States Online New York Louisiana 101

Fintech Labs Insights

APRIL 13, 2016

FinDEVr alum and long-time Magento partner, Avalara announced that its sales-tax calculation solution, Compliance Cloud, will be a part of Magento 2.0 In addition, customers will get access to Avalara’s tax prep, filing and remittance services. e-commerce platform.

Taxes 12

Taxes Fraud San Jose San Francisco 12