PYMNTS

FEBRUARY 27, 2019

A wide range of biometric solutions are being used to develop national identification systems around the world. The following Deep Dive examines the potential use cases for biometrics in national identification systems and the security pitfalls they could encounter. . A reported 3.6 Digitizing government services .

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PYMNTS

APRIL 12, 2017

Zeta, the FinTech startup that offers digital employee benefits for tax optimization, announced Tuesday (April 11) has inked a deal with National Payments Corporation of India’s (NPCI) payment platform, RuPay. We are happy to extend RuPay card platform for salaried individuals across sectors through Zeta.

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PYMNTS

OCTOBER 20, 2019

“By leveraging technology to improve transparency and accountability in administrative systems, we are completing in short order what many years of administrative reforms had not been able to accomplish,” said Mahamudu Bawumia, Ghana’s vice president, at the Financial Time ‘s Africa Summit in London last week.

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Taxes Mobile blockchain National 106

PYMNTS

JUNE 13, 2019

Digital identification technology continues to advance, bringing both benefits and drawbacks. It’s undeniably advantageous to the world economy, with a recent study finding that national digital ID systems could induce GDP growth of up to 13 percent. Estonia’s government is also exploring blockchain options.

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PYMNTS

JANUARY 15, 2021

Customers display a code on their smartphone for cashiers to scan, at which point funds are transferred from stored payment cards, bank accounts or current app balances. Some countries are catalyzing this growth through national mandates rather than leaving retailers to their own devices. Retail Environment.

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Retail Security Payments United States 207

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.

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Management Resources Capital Taxes 150

PYMNTS

MARCH 15, 2019

Cash is easily stolen, lost, laundered, hidden from the tax man, and rendered unhip by P2P and other rising mobile payment methods. Meanwhile, local politicians (and some national ones) are pushing back against the slow, but steady, spread of cashless-only-transaction policies by certain businesses. Night Deposits.

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PYMNTS

MAY 23, 2018

The company will also offer drivers car and SUV rentals, education on taxes and additional support services. Just as advancements in aviation technologies haven’t reduced the need for pilots or flight staff, there’s still security in the future for the 1.4 million, by more than double during the course of the coming five years.

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Taxes Course Marketing National 102

BankUnderground

MARCH 12, 2024

David Rule and Iain de Weymarn Technologies such as distributed ledgers create the possibility of new forms of digital money, whether privately-issued ‘stable coins’, tokenised commercial bank deposits, or central bank digital currencies. For example, it did not accept them for tax payments nor did it use them to pay its own creditors.

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PYMNTS

JULY 25, 2018

The telecom, as reported by ZDNet , has built nodes that have brought blockchain to its national network, specifically its “ultra-fast” offering that is tied to processing speed. ” The company has also applied blockchain technology to help protect consumers, by helping security tied to internet access.

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blockchain Google cryptocurrency New York 109

PYMNTS

JULY 21, 2017

According to McDerment, the funding reflects investors’ recent uptick in interest for accounting technologies for the self-employed. million in Series B funding to provide payment and expense management technologies to large enterprises, SMEs, banks and payment companies. Expense Management. based Karmic has raised $17.2

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PYMNTS

MAY 18, 2018

based Cambridge Blockchain provides technology for financial institutions and other enterprises to manage software, with investors at Partech emphasizing the company’s ability to help customers across Europe comply with General Data Protection Regulations. Partech and Digital Currency Group also participated in the round, reports said.

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Fintech blockchain Analytics Capital 134

PYMNTS

OCTOBER 21, 2019

Distributed ledger technology (DLT) is also the tool of choice for Chainvine, which uses blockchain to mitigate against the risk of supply chain fraud in the wine industry, the Financial Times reported last week. But it’s not the only way employees can steal company cash.

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Fraud blockchain Ohio Survey 111

PYMNTS

SEPTEMBER 10, 2019

The app stores digital versions of documents like drivers’ licenses, health cards and other forms of identity. Use cases for the digital ID wallet could include accessing age-restricted places like bars, signing into services like online tax filing or verifying identities at polling stations. Department of Commerce.

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PYMNTS

JULY 30, 2019

Having recently announced a $400 million Series F funding round, Nubank is developing a small business banking solution after expanding from its initial services as a credit card issuer. The nation’s banking federation, Federação Brasileira de Bancos (Febraban), has denied that that there needs to be more competition in the sector.

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User Experience America Analysis Industry 122

Gonzobanker

DECEMBER 17, 2021

Some interesting finalists would be: M&T and People’s United Old National and First Midwest Webster and Sterling Columbia Bank and Umpqua. Congrats on a brave move and national recognition Jim! Chuck Snyder, chief executive of National Cooperative Bank (NCB). Brandon Dewitt, MX co-founder and chief technology officer.

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Fintech Strategy Leadership Lending 142

PYMNTS

JUNE 27, 2019

At the same time, many early stage startups, particularly in the technology sector, still have access to traditional financing, like venture capital and private equity. In this effort, the platform is turning to regional and national economic development organizations to promote education on both sides. Localizing Capital.

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Banking 2020

JANUARY 27, 2016

For the last few years, developed countries around the world have been witnessing an unrelenting march away from cash, as consumers take advantage of new technologies such as fast payments, contactless and mobile to complete transactions without resorting to notes and coins. Newer technologies help Asian markets. billion transactions.

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PYMNTS

MAY 4, 2018

It may seem that modern technology has already solved this problem. But in developing nations, Steckel noted, getting those methods to connect to the local banking system can be another story. It’s like a half solution for developing nations,” Steckel said. A payment can be sent from the U.S. The Alternative.

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Bitcoin cryptocurrency blockchain National 110

Independent Banker

DECEMBER 31, 2021

Some of the lines that community banks plan to add include fraud and ID theft protection services, treasury management solutions, wealth management, property and casualty insurance, credit cards and specialized loan products. Technology is on community bankers’ to-do lists. Badger Bank in Fort Atkinson, Wis., Ponce Bank in Bronx, N.Y.,

Community Bank 144

Community Bank Community Lending Louisiana 144

Jeff For Banks

DECEMBER 23, 2016

According to a 2015 FDIC National Survey of Unbanked and Underbanked Households , seven percent of US households were unbanked, meaning they had no account at an insured financial institution, and 19% were underbanked, meaning they used non-traditional financial providers like pre-paid cards and/or payday lenders. But the tax thing.

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Taxes Meeting Resources FDIC 60

PYMNTS

JUNE 10, 2016

In this week’s edition of PYMNTS’ Weekly Tech Center Roundup , we set our sights on Brazil, where, despite the political and economic issues that tend to dominate the headlines, the country’s technology market is still going strong. Tech giants, such as Siemens, Cisco and Microsoft, are building technology centers in the city.

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Trends Community America Study 100

TrustBank

DECEMBER 8, 2022

The BEA calculates the personal saving rate by subtracting taxes from personal income to arrive at “disposable personal income” and then subtracts personal outlays. By the 1990’s, improvements in technology and further changes to securities regulations made it easier for corporate customers to access financial markets directly.

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PYMNTS

OCTOBER 14, 2016

But Takach is confident that the law will catch up with technological innovation. Takach’s point is that different states and countries will have a different reaction to disruptive technologies, and a rushed and ill-thought-out policy could be counterproductive. versus Canada, according to NewsBTC. But until then….

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Bitcoin Conference New Hampshire blockchain 100

NCR

SEPTEMBER 8, 2017

The financial services sector in India has been undergoing something of a revolution of late, largely due to efforts by the government to encourage inclusion in the formal financial system and promote the use of digital payments – with aims to reduce the shadow economy and raise tax revenue among the driving forces.

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ATM Payments Industry Taxes 85

PYMNTS

SEPTEMBER 7, 2016

The pilot will run in 2017 with an aim to secure a nationwide rollout of the technology in 2018. Ian Fogg, a voice of reason and principal analyst at IHS Technology, noted that the new system should consider providing on-train phone-charging services for travelers. ” Well then, perhaps it’s time to re-nationalize the U.K.

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NCR

MAY 4, 2016

The increased use of electronic payments around the world has had a huge impact on the global economy over the past few years – and the extent to which this technology is driving growth has been revealed in a recent report. percent to GDP attributable to card usage. ” An essential foundation. percent), Chile (0.23

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Payments Study Cards Analytics 40

PYMNTS

OCTOBER 14, 2016

PYMNTS recently spoke with Chip Hull, vice president of FedEx Cross Border , the eCommerce technology subsidiary of FedEx that has access to more than 220 countries and territories, about the logistical challenges involved with planning and operating during the busy holiday shopping season.

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Tomorrow's Transactions

DECEMBER 12, 2014

Based on the rate of cash-free transactions and the percent of the population that relies on a debit card, here is a look at the 10 countries leading the pack toward a nearly cashless economy. Make sure you have a credit or debit card on you; the city’s parking meters no longer accept cash or coins. United States.

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Cards Payments Taxes Retail 66

PYMNTS

FEBRUARY 28, 2020

This could mean receiving funds onto payroll cards or mobile apps, as both technologies free them from having to cash checks or wait for money to appear in their bank accounts. . That means deciding whether to have some or all of their funds delivered by direct deposit, paper check or payroll card. Access and Choices.

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Cards Meeting Resources Capital 130

PYMNTS

MAY 24, 2019

Left Turn of the Week: Gifts Cards For Body Scans. In an attempt to learn more about the diversity of human shapes and sizes, Amazon is paying volunteers (a $25 Amazon gift card) to get scanned, taped and photographed as part of a study to “learn about diversity among body shapes.”. Big Play of the Week: The Big HQ Upgrade.

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New York New York City Vermont Meeting 109

Tomorrow's Transactions

DECEMBER 29, 2014

A national digital money system may well be the best way to solve the big problem of small change, but beware the warnings from history! It’s badge of national vanity, just like an airline (and soon, an army) used to be. It’s badge of national vanity, just like an airline (and soon, an army) used to be. From Google Translate ].

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System National US Mobile 53

Tomorrow's Transactions

DECEMBER 7, 2016

As I had contributed to the Parliamentary Office of Science and Technology (POST) work on shared ledger technologies (SLTs), I had been invited to the House of Lords for a slap-up full English and a discussion on the topic with assembled Lords and Commons. Sir Mark had published a report on the technology earlier in the year. .

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blockchain Case Study Cards Bitcoin 30

Tomorrow's Transactions

JANUARY 4, 2017

Obviously, I feel sorry for people who have been (to put it mildly) inconvenienced by the chaos caused by the removal of 85% of the currency “in circulation” in the country but as a student of monetary history and the interaction between technology and economics, it is absolutely fascinating to look at what is happening.

ATM 39

ATM Taxes Bitcoin Case Study 39

CB Insights

NOVEMBER 5, 2019

As the payment market matures, Ant and Tencent are providing technology and user behavior analysis to help financial institutions provide more tailored product offerings. This would be Tencent’s first move to provide a payment option beyond its users’ debit and credit cards issued by regular banks.

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Fintech social media Analysis Marketing 51

PYMNTS

SEPTEMBER 13, 2017

Another trend, the news publication noted, is that construction firms aren’t adopting the technologies and expertise they need to remain viable, competitive and fiscally healthy. “Because of that complexity, taxes are more complex – it’s a snowball effect. . “Taxes are usually filed incorrectly,” he said.

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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. These ventures show credit unions are not standing still when it comes to technological disruption, and we hope much is learned from these early risk-taking efforts. THE TECHNOLOGY AWARDS.

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Conference Industry Community Bank Community 90