CB Insights

FEBRUARY 13, 2020

This growth has created major opportunities in the payments space, and companies like Stripe — the payments unicorn valued at a masive $35B — are hungry to capitalize on them. Today, it works with companies in over 120 countries spanning every industry, company size, and business model. Fraud prevention tools.

Online 98

Online Company Retail Payments 98

PYMNTS

MARCH 16, 2017

“Our expansion into the country was driven by customers who are looking to conduct more business in this increasingly important region. Now they will have access to fast, efficient processing while simultaneously reducing the risk of fraud.”. TrustWeaver will provide the Tungsten platform with compliant digital e-signatures.

Taxes 100

Taxes Compliance Fraud Regional 100

PYMNTS

FEBRUARY 2, 2018

tax laws had on other firms recently reporting results, Mastercard put up numbers Thursday (Feb. and abroad, the company reported during a conference call with analysts. Excluding the aforementioned tax impact, earnings per share came in at $1.14, two pennies better than Wall Street expectations. The company also counted 2.4

Taxes 100

Taxes cryptocurrency Regional Branding 100

PYMNTS

MARCH 5, 2019

Expectations can differ from region to region regarding timing of payments, taxes, currencies, regulatory differences – and we look at all of those variables.”. She stated, too, that a fraud detection team is tasked with watching for and preventing account takeovers.

Regional 148

Regional Mobile Security Fraud 148

PYMNTS

FEBRUARY 21, 2019

Yet, mileage reimbursement is changing — and in a way that can save companies money. In a new PYMNTS webinar, Karen Webster and Danielle Lackey, chief legal officer at expense management provider Motus , spoke about those changes, and how companies can get with this trend to save money and even make employees happier.

Taxes 128

Taxes San Francisco New York City Case Study 128

Gonzobanker

AUGUST 17, 2022

Most fintech companies are fine, but they’ve stopped blowing off econ class for mimosa brunches. banks Rocket Companies acquired personal finance app Truebill in a $1.275B deal that launched Rocket Money Digital financial platform MoneyLion acquired embedded finance marketplace Even Financial.

Fintech 182

Fintech Lending Software Compliance 182

PYMNTS

JULY 22, 2019

KeyBank’s Costly Payroll Fraud Problem . Regional banking force KeyCorp disclosed a massive fraud that could potentially cost as much as $90 million – according to reporting out of CNBC last week. percent and the company lost about $178 million from its market cap. Starting with. Bulgaria’s Big Breach .

Data 100

Data Security Fraud Indiana 100

PYMNTS

OCTOBER 22, 2018

And New England isn’t the only place enjoying the autumn chill as it sets in — although we are perhaps enjoying it more colorfully with the region’s famed foliage. The report excluded data on shop-at-home purchases and includes information about frauds reportedly directly to the FTC between January and September of this year.

Data 134

Data Fraud Cards Regulation 134

PYMNTS

JANUARY 6, 2017

It never takes long for cybercriminals to find new avenues to perpetrate fraud. Fraud On The Line. The call center employees would then demand immediate payment from scam victims to cover bogus taxes that were never paid and owed. In the past, India wasn’t known for large-scale fraud, but that is changing.

Video 133

Video Fraud Security social media 133

PYMNTS

FEBRUARY 21, 2018

A regional government in Russia is now working with state-backed VEB, reports in CoinDesk said this week, as authorities explore how to use blockchain “to improve the quality of management decisions.”. Ubin was first announced in 2016 with the central bank launching a partnership with blockchain company R3.

blockchain 130

blockchain Los Angeles Regulation Oregon 130

PYMNTS

OCTOBER 10, 2017

“Although the rate of adoption is good, corporates are not leveraging all the benefits of the digital transformation to provide new propositions to their clients, to help them move away from checks and increase overall efficiency in reconciliation and fraud,” the report concluded. Regional Trends. What’s Holding Them Back.

Payments 124

Payments Regional America Trends 124

PYMNTS

MARCH 4, 2019

Nordea, the biggest bank in the Nordic region, is being accused of handling millions of dollars in suspicious transactions for several years. Yle is part of a group of media companies that joined forces to look into money laundering in the Baltics tied to Russia.

Virgin Islands 116

Virgin Islands Taxes Regulation Regional 116

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

JULY 3, 2018

It also saves the company from allocating resources to batch data entry at the end of the day or consolidating deposits from remote accounts. What holds companies back from going global? Those that felt ready had invested in knowledge of local markets and tax codes, new tech and/or new vendors. AvidXchange.

National 101

National Charlotte Regional Operations 101

PYMNTS

JUNE 2, 2016

The firm has said that SmartVM uses a variety of mechanisms through which to automate supplier information: robotic process automation, interfaces with a number of governmental agencies, including tax agencies, and vendor records that are tied to APEX Analytix’s several decades of work within supply chain management.

Data 100

Data Analytics Fraud Taxes 100

PYMNTS

DECEMBER 8, 2016

companies aren’t necessarily forced to ditch paper invoices and go digital. Not so for other parts of the world: Government mandates are looking to reduce corruption and fraud and enhance reporting capabilities through eInvoicing requirements. companies to go digital. In the U.S., Still, U.S. And if you’re a U.S.

Compliance 100

Compliance Regulation Taxes Fraud 100

PYMNTS

MAY 23, 2017

companies is indeed slated to decline this year, overall, businesses continue to promote an agenda of international growth. Raimundo Diaz, head of Americas at TMF Group, and Jason Gerlis, regional director of North America at TMF Group, both chatted with PYMNTS about the findings in the report. Juggling Corporate Finance Pressures.

US 100

US Compliance Taxes Trends 100

PYMNTS

MARCH 22, 2018

Equifax , the credit scoring company embattled in a scandal due to its massive data breach last fall, announced on Thursday (March 22) that Robert W. At Mastercard, he created and structured a business where he served as president of Mastercard’s Europe, Middle East, Africa and Canada regions until his appointment as president and CEO.

Puerto Rico 101

Puerto Rico United States Leadership Data 101

PYMNTS

MARCH 29, 2018

When companies receive an ACH payment electronically, they get a deposit from the customer, which goes into a bank account, while payment details are emailed to the corporation. Emailage stopped almost twice as much potential fraud in 2017 as in the previous year. DadeSystems.

cryptocurrency 109

cryptocurrency Regional Bitcoin Cards 109

PYMNTS

DECEMBER 11, 2019

In Norway, banking group Eika Group announced an investment in and collaboration with EedenBull in an effort to help traditional financial institutions in the region strengthen financial services to business clients. The company emphasized the opportunity open banking presents to promote automation for the SMB community.

Fintech 132

Fintech Groups Data Strategy 132

PYMNTS

FEBRUARY 15, 2019

Reports indicated that four Amazon executives met in Governor Cuomo’s office with “the presidents of the New York State AFL-CIO, a regional chapter of the Teamsters and his group, as well as some officials from the governor’s office.” Card-present fraud slides, again: Continued traction is evident in the fight against fraud at the register.

New York 115

New York New York City Virginia Nashville 115

PYMNTS

MAY 27, 2016

There are a million ways (or more) that startups can target other companies. But only a few startups this week offer companies a direct financial service. Konfio links microbusinesses in the region to financing. The company announced a seed funding round led by local and French backers. Konfio is one of them.

Capital 100

Capital Management Taxes Security 100

PYMNTS

MARCH 12, 2018

Securities and Exchange Commission issued scores – the tallies varied depending on where you got the news, but The Wall Street Journal estimated “dozens” – of requests for information and subpoenas from companies who have dipped, or are dipping, corporate toes in the initial coin offerings pool. This is no token overture on tokens.

Regulation 117

Regulation Security Course blockchain 117

PYMNTS

MAY 12, 2017

The cross-border B2B payments market, on the other hand, is fraught with friction, despite being much larger in size — accounting for nearly 80 percent of global cross-border payment revenue, according to a 2016 report by McKinsey & Company. That’s a problem that Currencycloud is now helping merchants resolve in the U.S.

Payments 109

Payments Compliance Guidelines Comparison 109

PYMNTS

JANUARY 19, 2021

The shift to digital commerce has opened up new markets for companies across all verticals and sizes. But reaching a broader range of consumers, accommodating their payment preferences, and satisfying regulatory and tax issues in unfamiliar territory introduces a host of new operational challenges for these companies.

Branding 322

Branding Taxes Fraud Regulation 322

FICO

DECEMBER 21, 2016

Just as in adjacent spaces — fraud, cybersecurity — analytics help investigators pick the most suspicious activities based on study of a wide range of factors. Today, it’s really only Tier 1 banks that use analytics in AML, KYC and tax compliance areas. We expect that to change. We will see the next Panama Papers revelations.

Compliance 40

Compliance Analytics Taxes Groups 40

CB Insights

MAY 23, 2019

Some companies just push their luck a little too far. When that’s happened, some companies survive. Below, we take a look at some of these frauds and the lessons they can teach entrepreneurs hoping to launch their own products, companies, and funds. The Honest Company not so honest about labeling.

Fraud 78

Fraud Las Vegas Company Video 78

Gonzobanker

DECEMBER 17, 2021

From nowhere, sizable regional players are being created. Performance and multiples continue to be solid, outperforming most regional banks. Just a few years ago, Apple was the first company to reach a $1 trillion market cap, yet (watch your jaw) today the company is knocking on the door of a staggering $3 trillion market cap.

Fintech 142

Fintech Strategy Leadership Lending 142

FICO

JANUARY 19, 2022

From TBML to BNPL to NFTs, 2021 found fraud and financial crime professionals dealing with a plethora of new challenges and criminal schemes. Our five most popular posts of the year dealt with trade-based money laundering, non-fungible tokens, buy now pay later scams, courier scams and good old credit card fraud. Here are excerpts.

Fraud 52

Fraud Cards Report Analytics 52

FICO

MAY 27, 2021

These typically reference the largest of the local delivery companies or even the central mailing services within the attack region. A fraudster will always imitate a company to generate maximum potential to find a victim. A fraudster will always imitate a company to generate maximum potential to find a victim.

How To 98

How To Fraud Examples Report 98

CB Insights

OCTOBER 10, 2018

One of the biggest challenges these companies face is that many operate without a bank charter or license. We define startups disrupting banking broadly to include mobile-first fintech companies that primarily focus on leveraging technology and software to digitize and streamline retail and business credit, checking, and savings accounts.

Retail 78

Retail Cards Millennials Mobile 78

PYMNTS

JANUARY 31, 2018

From fraud to fitness tracking, from cross-border to cryptocurrencies and from chargebacks to KYC, here’s how seven startups aim to change the game in 2018 (and how some of them already are). After cementing its presence in Europe during 2017, Emailage turns its focus to the Asia-Pacific region for 2018 expansion.

cryptocurrency 115

cryptocurrency Regional Fraud Taxes 115

CB Insights

OCTOBER 26, 2020

Moreover, as more and more companies raise large equity rounds, they’re also choosing to delay public offerings. And even when major tech companies do decide to go public, some, like Spotify and Slack, are doing so mostly without the help of banks. As a result, banks are facing dropping IPO profits.

Management 78

Management Capital Company Marketing 78

PYMNTS

AUGUST 5, 2019

Expanding operations to reach customers like these requires that businesses not only offer appealing products and services, but also provide payment experiences that are both convenient for consumers and easy for the companies to manage. Payments may move through many intermediaries, too, each adding time to the processing journey.

Payments 115

Payments Compliance Operations System 115

PYMNTS

JANUARY 1, 2021

This all means that the payments individuals expect from the government and corporate entities such as insurance companies must be made with significant speed so individuals can pay their urgent bills. Companies are reexamining their payment tools as they work to more swiftly and seamlessly pay vendors. Approximately 40 percent of U.S.

Trends 259

Trends Video Retail Payments 259

FICO

MARCH 6, 2020

With the acquisition of Tonbeller in 2015, FICO expanded its fraud portfolio and moved into the growing market for financial crime and compliance solutions to bring the benefits of advanced analytics to a field dominated by rule-based systems. Why should financial services companies outsource their AFC efforts?

Compliance 81

Compliance Technology Fraud Analytics 81

PYMNTS

JUNE 23, 2016

Delnevo isn’t the only advocate who thinks the Swedish banks and credit card companies are discriminating against cash to make way for fee-generating credit card companies. “I Last month, Indonesia announced plans to track down all credit card transactions in an effort to curb rampant tax evasion. The result?

ATM 102

ATM Cards Analysis Trends 102