PYMNTS

JANUARY 18, 2021

This week's B2B Data Digest takes a look at the numbers behind the latest instances of fraud, including fraudulent invoices, corporate tax scams and more. $19 According to the publication, the individual is accused of issuing fraudulent invoices from legitimate suppliers in order to secure tax repayments for the company.

Community 219

Community Fraud Taxes Massachusetts 219

PYMNTS

OCTOBER 9, 2018

tax reform on the small business community, but so far, small business owners say the overhauls have made little impact on their hiring practices. “We asked, ‘What effect on your hiring plans has the Tax Cuts and Jobs Act had?' . It will take some time to understand the true impact of U.S.

Taxes 140

Taxes Survey Community Regulation 140

PYMNTS

JANUARY 11, 2021

US Trade Representative: India, Italy, Turkey Digital Taxes Discriminates Against US Firms. Trade Representative (USTR) recently released the results of Section 301 probes of digital services taxes (DSTs) that Turkey, Italy and India have adopted, finding that each tax “discriminates against U.S. Billion Of French Products.

Taxes 132

Taxes US Compliance social media 132

PYMNTS

NOVEMBER 6, 2018

Welcome to Five at Five, your late look at the day’s payments and commerce news. Today’s coverage includes the latest European push to tax such companies as Google, Apple, Facebook and Amazon. France’s Finance Minister Wants EU-Wide Digital Tax By Year End. France’s Finance Minister Wants EU-Wide Digital Tax By Year End.

Taxes 108

Taxes New York City Dallas Virginia 108

PYMNTS

FEBRUARY 7, 2019

tax reform led to much chatter and some confusion about exactly how changes would impact the nation’s small businesses (SMBs). Department of Treasury finalized rules that apply to SMBs on qualifying for a 20 percent tax deduction, with the National Federation of Independent Business (NFIB) applauding the initiative. percent rate.

Taxes 122

Taxes Lending National New York 122

PYMNTS

JULY 26, 2018

The American Institute of Certified Public Accountants (AICPA) submitted recommendations to policymakers this week, urging clarity and simplification in how the Tax Cuts and Jobs Act impacts small business (SMBs) accounting rules. The letter outlined eight recommendations for the Tax Cuts and Jobs Act.

Taxes 100

Taxes Capital Compliance Survey 100

South State Correspondent

MARCH 21, 2023

The need for a known, reliable brand creates an excellent opportunity for community banks to help small business customers while building deposit balances. ERC gave eligible businesses a refundable tax credit of up to 50% of $10,000 for qualified wages paid per employee. In 2020, the U.S.

Taxes 195

Taxes Community Bank Community Operations 195

Independent Banker

DECEMBER 31, 2021

Independent Banker ’s annual Community Bank CEO Outlook survey reveals how community bank leaders plan to leverage today’s deposit-laden banking environment to grow this year. Janet Silveria, Community Bank of Santa Maria. So, what’s at the top of community bank leaders’ to-do lists? What changes will 2022 bring?

Community Bank 144

Community Bank Community Lending Louisiana 144

PYMNTS

SEPTEMBER 29, 2017

President Donald Trump revealed tax reform plans on Thursday (Sept. But according to some analysts, the proposals would largely fall short of their vow to cut taxes for small businesses, instead benefiting wealthy financiers on Wall Street. This framework creates a new tax structure for small businesses so they can better compete.”.

Taxes 100

Taxes Community Survey Report 100

PYMNTS

MARCH 19, 2018

Tax reform is likely to lead small businesses (SMBs) in the U.S. ranking Democrat on the Senate Finance Committee, released a report on the impact of tax reform on small businesses. Wyden’s report, “Tax Code and Small Business: Even More Bizarre and More Unfair than Before,” is a clear attack on the Republican-led tax law.

Taxes 100

Taxes Report Analysis Maine 100

PYMNTS

SEPTEMBER 8, 2020

Big Tech Updates Fees to Reflect UK Digital Services Tax. Apple announced upcoming tax changes for apps and in-app purchases to include tax law changes in the U.K. digital services tax on to consumers in addition to an existing 20 percent value-added tax. customer charges to cover the new tax.

Taxes 131

Taxes Google Apple social media 131

PYMNTS

JULY 17, 2018

wages and employment, though not yet because of tax reform. In line with previous research, NABE’s report noted that these trends are not yet linked to tax reform. are not increasing their spending as a result of tax reform.

Taxes 100

Taxes Survey National Training 100

PYMNTS

MARCH 23, 2018

tax reform on their organizations. Forty-two percent of professionals surveyed said they believe tax reform will lead to significant economic benefits for their organizations, TD Bank said. as a result of tax reform. A new survey from TD Bank suggests corporate treasurers have mixed outlooks on the impact of U.S.

Taxes 100

Taxes Survey Capital Compliance 100

PYMNTS

AUGUST 1, 2019

Payments messaging firm SWIFT has released its first set of guidelines for financial institutions using the ISO 20022 payments messaging standard to complete cross-border transactions. “International payments often contain unstructured and ambiguous transaction data, causing unnecessary delays and failed processing. .

Guidelines 190

Guidelines Payments Groups Taxes 190

PYMNTS

APRIL 22, 2020

The State Bank of Vietnam granted FinTech startup GPay a 10-year license to provide intermediary payment services in the country — electronic payment portals, payment services, digital money transfer services and eWallet services.

Payments 154

Payments social media Groups Taxes 154

PYMNTS

AUGUST 6, 2019

5) the launch of its MTrac payment platform in the state, designed to facilitate payments down the marijuana supply chain. According to MTrac, its payments platform was developed in cooperation with “the main bank in Louisiana” that plans to provide bank account services to the state’s marijuana-related businesses.

Louisiana 135

Louisiana Payments Taxes Maine 135

PYMNTS

MAY 3, 2018

Tax reform played a key role for several corporate successes in the first quarter of 2018. “Together, these factors mean that companies could invest more funds, hire employees and generally spend on both their businesses and communities.” corporates from spending their rising cash reserves.

Taxes 100

Taxes Analysis Washington Report 100

PYMNTS

AUGUST 10, 2020

You’d be forgiven for thinking that faster payments might be the purview of the U.S. Federal Reserve, where details (a roadmap, really) of FedNow , the proposed instant payment system, were released earlier this month. In other cases, stimulus payments were commingled with tax refunds, and were subject to garnishment.

US 345

US Payments Maine System 345

Payments Source

JUNE 19, 2020

A blueprint that includes more CRA and tax credits for lower-income African Americans would help a demographic disproportionately harmed by the coronavirus pandemic.

Community 73

Community Taxes Lending Regulation 73

Independent Banker

MARCH 31, 2022

Executive committee members tell us what advocacy issues they’ll be focused on during their terms, while board members share their words of wisdom for up-and-coming community bankers: themselves. To sum it up, these leaders are all in and all heart for community banking. We are not Wall Street banks—we are community banks.

Community Bank 239

Community Bank Community Industry Texas 239

PYMNTS

JANUARY 15, 2021

To that end, as Jeremy Allaire , CEO of Circle , told PYMNTS’ Karen Webster, a number of trends are converging to bring stablecoins into the mainstream of commercial and consumer payments. But those same payments mechanisms must be in compliance with various regulatory and legal frameworks. Still In Learning Mode . “A

Regulation 253

Regulation US Payments Compliance 253

PYMNTS

MAY 4, 2020

Increasingly, those cries include calls to action for corporates to pay their small suppliers as more vendors struggle with late and delayed payments — and for government entities to support those measures. 30-day payment terms would help Singapore SMBs manage cash flow , says Singapore FinTech RAIBU. In the U.S., alone, there were $3.1

Payments 161

Payments Chicago National Data 161

PYMNTS

AUGUST 4, 2020

In today’s top news, American Express has unveiled a new payment option, and Facebook has revealed plans for a Commerce Accelerator. The DOJ has reportedly raised questions regarding possibly antitrust issues if Intuit, the TurboTax maker, takes over its past competitor that provided complimentary tax preparation technology.

Google 142

Google Payments Study Digital Banking 142

PYMNTS

SEPTEMBER 3, 2020

Contactless and remote payments are now essential for any business; iZettle Food & Drink provides us with an easy and reliable solution along with the business insights needed to navigate our new normal,” said Shaun McCarron , co-owner of The Little Chartroom restaurant in Edinburgh, in a statement.

social media 298

social media Taxes Online Payments 298

PYMNTS

JUNE 17, 2019

Headlines about late payments have often pointed to large firms — such as construction behemoths in the United Kingdom — dragging their feet when it comes to paying vendors and suppliers in a timely manner. Separately, government mandates for eInvoicing to battle late payments and boost tax revenues are picking up steam.

El Paso 115

El Paso Payments Pennsylvania Ohio 115

PYMNTS

OCTOBER 23, 2018

While the post disruptions are certainly a headache for the public (consumers, businesses and government entities alike), there may be an unexpected effect of the strikes: a boost in electronic invoicing and payment adoption. 22), with strikes first beginning in Victoria, Edmonton and several other major cities.

Payments 154

Payments Community Taxes Operations 154

Abrigo

MARCH 3, 2021

In February, FinCEN released an advisory, Financial Crimes Targeting COVID-19 Economic Impact Payments ( FIN-2021-A002 ), alerting financial institutions to the potential for fraud, ransomware attacks, or similar types of criminal activity related to COVID-19 stimulus relief related to the Economic Impact Payments (EIPs).

Fraud 195

Fraud Payments ATM Trends 195

PYMNTS

MAY 4, 2018

Both payments giants have given vocal support to the concept of — and development of — the universal buy button. Shared payments functionality for MasterPass and Visa Checkout, with Discover and Amex onboard too? Single Buy Button: Sizzles because this single gets a double, in the form of Visa and Mastercard. and the U.K.

Taxes 115

Taxes social media Data Millennials 115

South State Correspondent

OCTOBER 4, 2023

Leverage payment capabilities to easily allow existing customers to consolidate more funds into your bank. With minimal effort, a community bank can rank at the top of the Google search page, where they would gain visibility from 100 to 1,000 searches per month per state. The same is true after getting a tax refund or estate windfall.

Marketing 195

Marketing Taxes Training Management 195

PYMNTS

APRIL 5, 2019

But beyond Fiserv, First Data, Worldpay and so on … the B2B payments space is heating up a bit. It’s well understood that B2B payments, in terms of volume, is worth multiples of the consumer payments arena. And yet, paper checks dominate, at about half of payments, in the U.S. 5G: Five G? How about lotsa Gs?

Payments 117

Payments social media Taxes Chicago 117

PYMNTS

JULY 27, 2018

In another scenario, analysts pointed to the NotPetya attack, in which attackers used accounting and tax software to target Ukraine. Reports emerged last September that a “ booby-trapped ” version of the solution was spreading, allowing attackers to take advantage of access gained by the program.

Community 104

Community US Software National 104

PYMNTS

DECEMBER 11, 2019

For years, any attention given to solving B2B payments friction was typically focused on the payer. Furthermore, the challenges faced by suppliers when collecting payments can mean additional friction for their payers. However, that understanding has not traditionally been the focus of B2B payments service providers. and Turkey.

Payments 133

Payments Training Innovation Taxes 133

Perficient

JANUARY 29, 2021

TCA stands for Trading Community Architecture. We contact a Party when we have an issue with services rendered, goods delivered, or a Late Payment. Whether County information is needed to support US Sales and Use Tax and if so, Counties are present where needed. Tax Organization Type – Corporation, Partnership.

Data 322

Data System Taxes Examples 322

PYMNTS

JUNE 3, 2020

Lili touts itself as the only company to work specifically on online banking platforms for the freelance worker community. There are around 60 million freelancers in the U.S., or 35 percent of the workforce. Zelkha has also worked as a freelancer in the past.

Taxes 130

Taxes Capital Tools Mobile 130

ABA Community Banking

APRIL 15, 2019

Many people treat tax returns almost like a bonus: as “extra” money Retail Banking Risk Management Payments Feature3 Survival Strategies Financial Research Feature Financial Trends The Economy.

Taxes 49

Taxes Risk Management Trends Strategy 49

PYMNTS

APRIL 30, 2018

and finance experts are celebrating with new data on the state of the entrepreneurial community. Eighty-three percent of SMBs said they don’t completely understand the new tax law and how it will impact their business, according to the National Association for the Self-Employed.

Taxes 144

Taxes America National Community 144

Qudos Bank

FEBRUARY 15, 2024

This could be offering banking products with competitive rates and fairer fees, giving back to charities and community initiatives, or having their equal say in the governance of the company. This direct involvement aims to create a sense of ownership and community, and helps you ensure your interests are represented.

Community 52

Community Taxes Policies Retail 52