PYMNTS

NOVEMBER 19, 2018

Except, of course, for the 26 or so percent of you who have already finished your Christmas shopping – you guys can enjoy an especially long tryptophan nap, we guess. FLEETCOR, for its part, has affirmed its continuing interest in using M&A to grow its operations. “I Chase and Getting Consumers Thankful for Contactless Cards.

Data 122

Data Cards Taxes Payments 122

PYMNTS

MAY 11, 2018

UPbit services, such as all transactions and withdrawals, are operating normally. At the time, Lloyds Banking Group said that it would ban its clients from buying the marquee crypto (that would be bitcoin, of course) using credit cards, which comes on the heels of similar bans from Citigroup and JPMorgan.

Bitcoin 101

Bitcoin cryptocurrency Comparison Taxes 101

PYMNTS

FEBRUARY 18, 2019

The most effective contrarians, of course, are those whose countervailing opinions are rooted in an intellectually honest framework or set of hypotheses that offer credible support for looking at things through a different lens. Card Networks Want to Raise Their Prices. Amazon Takes Its Bite Out of the Big Apple. have been settled.

Cards 169

Cards Course Study New York 169

Abrigo

APRIL 13, 2017

face cash flow challenges on a monthly basis, but are business owners and their advisors asking the right questions and addressing the critical areas to change course? Business owners don’t have to imagine the stress that this kind of tight situation can add to operating a business. Small businesses in the U.S.

eBook 170

eBook Analysis Resources Taxes 170

PYMNTS

MAY 23, 2018

The company is also doubling the operating hours of its driver hubs in 15 cities around the country. The company will also offer drivers car and SUV rentals, education on taxes and additional support services. million, by more than double during the course of the coming five years.

Taxes 102

Taxes Course Marketing National 102

PYMNTS

NOVEMBER 4, 2019

Invoice and purchase order manipulation, company credit card abuse and fraudulent use of company checks all surface as cautionary tales for corporates’ internal financial processes. The scam reportedly allowed the former executive to use Coca-Cola money to pay for personal purchases like gift cards and luxury goods.

Fraud 101

Fraud Pennsylvania Data Cards 101

PYMNTS

MARCH 18, 2019

Steve Jobs, in his very famous 2005 Stanford commencement address , said connecting the dots was only possible with hindsight, by looking in the rearview window at the series of things that had happened over the course of one’s life to explain the actions of the here and now. and one of two operators of the ACH network in the U.S.,

Payments 201

Payments Cards Operations System 201

PYMNTS

NOVEMBER 22, 2017

Account takeover fraud , card-not-present (CNP) fraud, tax fraud, selling stolen financials, selling fake bank accounts, the Dark Web: If security experts are fighting it today, chances are that Brett Johnson was there when it started. Of course, the buyer knew right away that she’d been scammed. Second Chances. He got caught.

Fraud 120

Fraud Taxes Community Cards 120

PYMNTS

APRIL 19, 2019

As noted in this space this past week, SCA has goals that are laudable by any measure, as the SCA requirement seeks to reduce fraud and make online card-not-present (CNP) transactions more secure. Card giant Mastercard has estimated that just 25 percent of those in Europe are actually fully aware of SCA. Retail Sales: Rally 1.6

social media 125

social media Online Regulation Taxes 125

PYMNTS

MAY 16, 2018

The rest, says Pappano, are going to be scrambling to catch up so they can start to enjoy the potential new tax revenues that legalized gambling can create. Payments will, of course, be central to online gaming and sports wagering. Tax revenue is a powerful motivator. Not as much as one might think, says Pappano.

Online 100

Online Fraud Industry New Jersey 100

FICO

MARCH 25, 2022

For financial and fraud professionals, probably the easiest way to wrap our heads around explainability is at the golf course level—that is, when I’m out on the golf course and playing with someone new, and they ask me what I do (for a living, not when knee-deep in a bunker). My Take on Explainability. Explaining Explainability.

Fraud 52

Fraud Management System Course 52

PYMNTS

DECEMBER 14, 2017

There are, of course, hurdles in the form of all the different governing bodies that manage the process of becoming a PayFac, which means that companies starting the journey must self-examine and determine what it will take to get registered with that designation. theorized the executive, who, of course, noted that those stats would improve.

Software 110

Software Payments Tools Course 110

PYMNTS

FEBRUARY 13, 2019

Prepaid debit cards are playing an important role. Eventually, the organization had to rely on prepaid debit cards, specifically for moving money from “New York to Colombia and Ecuador to buy more cocaine.” After the cards arrived in South America, the cartel hired workers to withdraw the money from ATMs.”. Too Much Cash.

Cards 147

Cards Operations New York City Regional 147

Tomorrow's Transactions

SEPTEMBER 18, 2014

Now, as I’ve written before, one of the difference between Japan (and Korea) and Europe was that mobile contactless was driven by operators who have market power that it is quite different to the European operators. But things have been changing there and it’s not all about the operators any more. Banks have been active as well.

Taxes 51

Taxes Mobile System Cards 51

BankBazaar

DECEMBER 22, 2019

of the world’s population, yet almost 76% of Indians do not have any knowledge of even the basic financial concepts, not even simple stuff like Credit Cards and interest rates. Of course, it is an integral part of our lives but we prefer not to talk about it with anyone, not even our kids. Our nation is home to almost 17.5%

Management 97

Management National Cards Course 97

PYMNTS

JUNE 14, 2018

Powering the push in spending, according to the Commerce Department reports, are historically low unemployment figures , wages finally starting to show real gains and additional liquid capital among workers due to the tax cuts of late 2017. That has pushed more consumers back toward consumption, and merchants have seen the benefit of that.

Retail 108

Retail Bitcoin Course America 108

PYMNTS

JANUARY 25, 2019

Credit can bridge the gap as companies run their day-to-day operations, and help them capture top- and bottom-line growth. Rymarz explained that the concept behind Fundbox Pay (and now its extended availability) recognizes that — for retailers, restaurants or consumers — credit card networks exist to serve as a bridge to commerce.

Retail 159

Retail Capital Data Payments 159

PYMNTS

AUGUST 22, 2016

The storyline, of course, seems a bit at odds with the title of the show (which not surprisingly lasted only one season) but it stayed with me. It’s hard to find POS terminals that will take a government-subsidized debit card in local villages in India, where more than 60 percent of the country’s citizens live.

Payments 100

Payments Bitcoin Cards Taxes 100

CB Insights

FEBRUARY 13, 2020

As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Virtual card issuance. Business lending and corporate cards. Sigma aims to streamline business operations. Growing the internet economy.

Online 98

Online Company Retail Payments 98

FICO

DECEMBER 21, 2016

Of course, as an analytics provider, we would say that. Today, it’s really only Tier 1 banks that use analytics in AML, KYC and tax compliance areas. The political turmoil of 2016 means that there is a lot of gain to be had by exposing politicians who used tax havens, which should drive even more investigations and revelations.

Compliance 40

Compliance Analytics Taxes Groups 40

PYMNTS

APRIL 11, 2016

Compared to the alternative — losing it in the market anyway and/or being taxed on whatever returns they might manage to eke out — the downside doesn’t appear too threatening. Two: Platforms have to operate at scale. What’s so bad about investing a couple of mil (when you have a couple hundred mil) in the Uber of Dog Walking?

San Francisco 100

San Francisco Operations Examples Branding 100

PYMNTS

OCTOBER 14, 2019

Drivers who couldn’t afford to buy a medallion of their own drove for taxi operators as independent contractors, with the companies dictating the terms of their deal. They want tools to help track their expenses and manage tax payments for the work they perform. Gig workers, however, do want some help. restaurants gain traction.

San Francisco 178

San Francisco New York Study Industry 178

Independent Banker

FEBRUARY 25, 2015

billion in assets and operates 60 retail locations, is licensed to originate reverse mortgages in most of the United States. It’s not like cross-selling a credit card.” Of course, reverse mortgages, or Federal Housing Administration-insured Home Equity Conversion Mortgages, are home equity loans for borrowers age 62 or older.

Trends 70

Trends Community Lending Community Bank 70

BankUnderground

JULY 14, 2020

We use an anonymized transaction level dataset provided by Money Dashboard (MDB), a free online personal financial management company operating in the UK. Similarly, measures of nondurable and services consumption record significant falls in the course of March 2020. We focus on the time period between 1 January to 26 April 2020.

National 139

National Retail Groups Data 139

PYMNTS

JUNE 29, 2020

He’s never had a single friend start a conversation with an announcement that the person doesn’t know how to do their taxes or plan for retirement. “To To be honest, this started with me and my friends sitting there not knowing how to do our taxes or how any of these things work,” he told Karen Webster in a recent conversation. “It

Millennials 263

Millennials Taxes Cards Fintech 263

PYMNTS

NOVEMBER 5, 2018

Which, of course, is the iPhone story. It did so because apps like Netflix were avoiding signing up subscribers through the App Store to evade the Apple tax. Apple figured it was better to cut the ongoing tax to get subscription plays on board. The Apple Tax Man Cometh. If they aren’t, then they don’t.

Apple 174

Apple Taxes Mobile Google 174

Tomorrow's Transactions

FEBRUARY 15, 2016

Are central banks artefacts of the Industrial Revolution, like canal networks or newspapers, or are they indispensable to the operation of the modern economy? As I wrote recently, the Bank of England could provide accounts for all citizens, along with payment cards and Internet access and so on. Should digital currency be remunerated?

Industry 39

Industry Maine System Payments 39

Gonzobanker

DECEMBER 19, 2017

The Get Outta Dodge (and Focus) Award – Goes to Capital One for exiting a significant mortgage business to focus on cards and direct banking. Batch Payments Award – Goes to Cornerstone ’s own Steve Williams, who navigated a 10-minute line to pay for a batch of drink tokens with a credit card to barter with bartenders.

Conference 101

Conference Industry Community Bank Community 101

PYMNTS

DECEMBER 12, 2017

In one example offered to PYMNTS, a single eCommerce company was able to bring operations to 17 countries in a four-month timeframe. As Hiddes noted, supply chain management also includes tax issues, which can be knotty ones for companies dealing with new countries. The company offers its services in more than 160 countries.).

Taxes 103

Taxes Management Software Marketing 103

PYMNTS

JULY 4, 2017

The goals, numbering several, have been noble ones, simply put: To bring more people into the economy, to speed technology adoption and to cut down on tax evasion and black market activities. Amazon, of course, has been ramping up its presence in the country too. Immediately. percent, off from 8 percent in the previous year.

ATM 110

ATM Taxes Mobile Survey 110

PYMNTS

JANUARY 8, 2018

There’s credit to be added to said ticket, of course, leaving little time to find the appropriate terminal and make a payment — often resulting in them rushing around only to arrive as their trains or buses roll by. Most recently, Masabi expanded to offer ticketing solutions for railways in Australia and buses in Alaska.

Mobile 161

Mobile Training Boston Alaska 161

PYMNTS

DECEMBER 8, 2017

You may not give it much thought, but the nonprofit has its own challenges once a check, pledge or credit card comes through to help the needy. And complexity leads to high operating costs and reconciliation problems. The last thing they want, of course, is risk their reputation to a breach. It’s complex, to say the least.

United States 101

United States Course Bitcoin Mobile 101

PYMNTS

MAY 14, 2018

Traditional banks are not required to know that you are selling Hallmark cards to minors. The regulatory hurdles involved in this sector aren’t just a challenge for financial service providers; they’re also a headache for the businesses operating in the industry. policymakers in 2014. Two, the need for medicinal research.

Compliance 130

Compliance Guidelines Industry Taxes 130

PYMNTS

JANUARY 10, 2019

Platform operators and merchants must conduct due diligence related to everything from intellectual property and tariffs to tax laws and FX rates. And taking effect with the dawn of 2019, the Chinese government has put in place new initiatives tied to cross-border trade flows done by digital means into several markets.

United States 158

United States Regulation Compliance Strategy 158

South State Correspondent

MAY 13, 2024

The ACH channel, of course, was center stage, but there was also much discussion about banks transitioning from receive to send on the FedNow network. More states require greater disclosure and control over what banks and card processors can charge. The law firm of Sidley Austin held a session on the CFPB’s uniqueness.

Conference 195

Conference Payments Fraud Data 195

PYMNTS

OCTOBER 10, 2019

Brennan pointed to the evolutionary shift that has taken payroll from paper paychecks, to direct deposit, to payroll cards and, today, eChecks that allow an employer to email a paycheck to a worker. Evolution in payments technology, and changes to the ways consumers want access to their money, have also imposed shifts in the payroll space.

Trends 108

Trends Technology Data New York 108

Lars Markull

JULY 19, 2022

The bank could provide financial products such as bank accounts, credit cards, and lending to anyone who needed them. I will continue to refer to them as Vertical Banking solutions (instead of Vertical Banks) because almost all of them are not banks but rather operate without a licence and collaborate with a banking-as-a-service provider.

Examples 92

Examples Groups Community Branding 92