PYMNTS

JANUARY 12, 2021

As PYMNTS has reported, consumer expectations and retail commerce have both evolved quickly to meet the demand that everything from credit to debit cards to digital wallets be on offer as payments choice. Technology brings the concept of flexible payments into reality. Flexibility Is Key.

Payments 260

Payments Compliance Technology Taxes 260

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

PYMNTS

FEBRUARY 1, 2021

It has pulled ahead of its EU neighbors in developing real-time payments technology and in recruiting banks to adopt it. A Leapfrog To Instant – Or Room For Cards, Too? . The question remains as to whether there will be a leapfrogging from cash to instant payments, bypassing cards along the way.

Payments 250

Payments Cards Taxes System 250

PYMNTS

MARCH 14, 2018

“The same innovations that power crypto-assets can also help us regulate them,” said Christine Lagarde in an IMF blog post Tuesday, according to CoinDesk reports. Blockchain, on the other hand, has a potential to facilitate data exchange between regulators and relevant parties to combat this threat. In the U.S.,

blockchain 129

blockchain cryptocurrency Regulation Taxes 129

PYMNTS

JANUARY 24, 2019

A server running an Elasticsearch database contained sensitive data from as far back as 2008 that included loan and mortgage agreements, repayment schedules and other financial and tax documents. He added the company will notify all affected customers, as well as report the incident to state regulators. “On

Taxes 155

Taxes New York Security Data 155

PYMNTS

AUGUST 3, 2020

Numerous economic, social and technological trends are rendering this system more outdated, however. Digital tools like pay cards and apps allow workers to receive earned wages the same day they request them. Various compensation alternatives have recently emerged that are more aligned with workers’ on-demand expectations.

Payments 211

Payments Taxes Case Study Examples 211

PYMNTS

JANUARY 12, 2021

As PYMNTS has reported, consumer expectations and retail commerce have both evolved quickly to meet the demand that everything from credit to debit cards to digital wallets be on offer as payments choice. Technology brings the concept of flexible payments into reality. Flexibility is Key.

Payments 153

Payments Compliance Technology Taxes 153

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

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. Indeed, integrating various apps and platforms was cited as the largest focus of technology investments for small businesses recently surveyed by CompTIA. The firm secured $1.8

Fintech 154

Fintech Taxes Capital Analysis 154

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. BSA Rules and Regulation.

Fraud 195

Fraud System Trends Software 195

Bank Innovation

MAY 11, 2017

every year in the form of digital and technological consumer goods and services, 2) huge amounts of European citizens’ data now sits on U.S. every year in the form of digital and technological consumer goods and services, 2) huge amounts of European citizens’ data now sits on U.S. So is PSD2 about payments or a U.S. — E.U.

Regulation 252

Regulation Regional Apple America 252

PYMNTS

OCTOBER 7, 2020

Money launderers deploy numerous schemes — including transaction laundering and launching front companies — to process and hide their funds from payment providers and law enforcement officials, but payments processors are responding with new technologies that hunt down and report their deeds. How Payment Providers Stop Money Laundering.

Payments 171

Payments Analytics Online Retail 171

PYMNTS

NOVEMBER 29, 2017

Florida, which recently legalized medical marijuana, saw its issuing of state ID cards slowed dramatically because Bank of America rather adamantly refused to touch online payments for medical marijuana cards. Ralston argued it’s a situation blockchain technology is uniquely well-suited to solve.

blockchain 102

blockchain Industry District of Columbia Florida 102

PYMNTS

JUNE 26, 2020

The government has since turned to prepaid debit cards to reach some of the millions of citizens who fell through the cracks in the early phase of the program. Workers and contractors can be paid via debit cards or through virtual cards that rely on secure, transaction-specific codes.

Tools 130

Tools Cards United States Innovation 130

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.

Taxes 101

Taxes Examples Policies Payments 101

PYMNTS

MARCH 12, 2019

and Canada, where open banking regulations are not in place, how do financial service providers act on the demand to move data and connect platforms? ” It was the latter for Wave, which recently acquired small business account and debit card solutions provider Every. But in jurisdictions like the U.S. ”

Data 184

Data Fintech Strategy Regulation 184

PYMNTS

MAY 14, 2018

In many ways, eCommerce has dissolved borders, creating new expectations for business to be conducted between countries with different currencies, languages and regulations. There will also be tax liability and compliance challenges around the base currency where funds are being held. Methods Available Today. Forex – Currency Exchange.

ATM 101

ATM Compliance Regulation Cards 101

PYMNTS

SEPTEMBER 18, 2019

In a market without Open Banking regulations, FinTechs continue to enter in to the market, collaborating with bank partners to offer their own financial services — which often compete directly with other financial institutions. On the friend side of that, they have the ability to help banks with technology.”.

Fintech 144

Fintech Payments Meeting Capital 144

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. . The bank has been in recovery mode in recent months, as federal regulators launched a series of investigations into consumer and commercial practices at the lender. .

South Dakota 101

South Dakota San Francisco Indiana Wisconsin 101

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. Expense Management. Data & Business Intelligence. InsightSquared.

Fintech 134

Fintech blockchain Analytics Capital 134

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. While the company may be operating in a different market than the U.K.,

User Experience 122

User Experience America Analysis Industry 122

Javelin Strategy & Research

JANUARY 12, 2022

Reports Section 2022 Cryptocurrency Trends & Predictions Javelin Report Date: December 8, 2021 Authors: Marco Salazar , William Trout , Daniel Gonzalez , Daniel Keyes Research Topic(s): Cryptocurrency The meteoric rise of cryptocurrency so far has outpaced regulators, tax management, and the payments industry.

Trends 40

Trends Fraud cryptocurrency Austin 40

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

Independent Banker

DECEMBER 31, 2021

Regulators haven’t yet broached the subject with them. 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.

Community Bank 144

Community Bank Community Lending Louisiana 144

PYMNTS

OCTOBER 10, 2017

For instance, in mature APAC markets, small- and medium-sized businesses (SMBs) are driving digitization of B2B payments through increased use of digital invoices, virtual cards and cloud-based financial management and accounting solutions. Similarly, Asia and Latin America are set to see a 13.2

Payments 124

Payments Regional America Trends 124

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 85

System Strategy Technology Industry 85

PYMNTS

JANUARY 31, 2020

For Chinese consumers, the partnership will allow any UnionPay consumer to link their card credentials to a PayPal wallet — and start transactions with PayPal’s 24 million merchants worldwide. That is a lot more than the card networks have right now.”. But in the long term, that isn’t going to disrupt the banks.

Bitcoin 100

Bitcoin Payments Los Angeles blockchain 100

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 142

Fintech Strategy Leadership Lending 142

PYMNTS

OCTOBER 14, 2016

Although user access to the payments platform was not restricted officially, delays by financial regulators that seemed to have no intent in resolving issues meant that PayPal did not renew its financial license. Bitcoin Regulations. Bitcoin regulation, as Turkey is emphasizing, is a bane in bitcoin’s behind.

Bitcoin 100

Bitcoin Conference New Hampshire blockchain 100

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. When it comes to bars, restaurants and mom-and-pop storefronts, though, those funding options are out of the question. Localizing Capital.

Capital 145

Capital Community Oklahoma Maine 145

PYMNTS

NOVEMBER 17, 2016

Technology provides opportunities to use these records to create new consumer tools that help improve financial lives. The services range from tax help to budgeting advice. The CFPB has concerns that information and control are not uniformly provided across the market.

Data 100

Data Security Tools Taxes 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.

US 52

US Policies Taxes Washington 52

Insights on Business

JULY 20, 2017

Regulations, such as Payment Services Directive (PSD2), are forcing banks to “open up”, enabling customers to easily share data with third parties. The emergence of financial technology (fintech) and the push of regulators for more competition are disaggregating and open this closed value chain. The mobile payments hub.

Fintech 181

Fintech Mobile Examples Data 181

CB Insights

OCTOBER 10, 2018

Startups targeting retail and commercial banking have been emerging globally, spurred by favorable tech regulations, an uptick in mobile adoption, and shifting customer demographics. The core product is a digital-first app that tracks spending from a linked card issued by either MasterCard or Visa. in funding and over 5.5M Millennials.

Retail 78

Retail Cards Millennials Mobile 78

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.

Taxes 60

Taxes Meeting Resources FDIC 60

Banking 2020

DECEMBER 3, 2015

This is among the key findings of Capgemini and Royal Bank of Scotland’s (RBS) latest World Payments Report , which revealed that these transactions – defined as those not statistically reported under usual payment methods such as credit/debit cards, cheques, direct debits and money transfers – accounted for between 24.5

Payments 40

Payments Bitcoin Regulation Mobile 40

PYMNTS

APRIL 30, 2018

In this world, the only things certain are death and taxes. Now, it’s true that some companies — including some very big names across many important sectors of the economy — are taking measured steps and experimenting with blockchain tech — aka distributed ledger technology (DLT) — in the support of use cases that address tough problems.

Fintech 183

Fintech blockchain Lending Digital Banking 183