PYMNTS

APRIL 16, 2019

The Italian Competition Authority (ICA) has launched an investigation into five separate Amazon outfits to determine whether the company is taking advantage of its position as the foremost logistical and eCommerce service, according to a report from Reuters. We are fully cooperating with the Authority,” Amazon told Reuters in an email.

Company 115

Company Policies Taxes Regulation 115

PYMNTS

JUNE 9, 2019

Reuters reported Lagarde said that technology companies’ use of big data and AI i ncreases big tech companies’ dominance in the mobile payments market, which could result in policymakers around the world rethinking how they regulate the banking system and how they ensure financial settlements are made safely and securely.

Industry 190

Industry Big Data Fintech Taxes 190

PYMNTS

JULY 29, 2019

Ripple CEO Brad Garlinghouse and its Executive Chairman Chris Larsen penned an open letter to Congress regarding the regulations of cryptocurrencies. The letter states that a lot of companies in the space are “responsible actors” and that they pay attention, and adhere to, local and international law. You have the world’s attention.

cryptocurrency 182

cryptocurrency Regulation Taxes Policies 182

PYMNTS

NOVEMBER 1, 2018

FinTech innovation is often a layered process, taking existing infrastructures and processes, and developing new tools to improve upon them. The problem with that, according to CEO Keith McCarty of cannabis logistics company WAYV (which recently raised Seed funding ), is that many of the existing tools and processes are broken.

Taxes 122

Taxes California Regulation Innovation 122

PYMNTS

JANUARY 15, 2019

Malaysia’s initial coin offering (ICO) regulations are said to take effect on Tuesday (January 15) per a notice from the Securities Commission (SC) in the country, Coindesk reported. At the same time, it was said that those who engage in digital asset dealing will have to follow rules for anti-money laundering (AML), among other regulations.

Bitcoin 108

Bitcoin Regulation New York Video 108

PYMNTS

SEPTEMBER 20, 2020

If the European Union (EU) gets its way, the 27-nation bloc will have the power to split or force the sale of giant technology companies that threaten smaller rivals and their customers. Breton said regulators in Brussels are preparing a list of activities that tech companies would be required to eliminate.

Compliance 175

Compliance Regulation System Taxes 175

PYMNTS

APRIL 19, 2019

payroll processing company Payescape , said this area of the back office may have a larger influence on how accountants operate than some may believe. The EU’s General Data Protection Regulation (GDPR) is a prime example, said Jones. However, Steven Jones, business development manager of U.K.

Innovation 154

Innovation Compliance Technology Resources 154

PYMNTS

MARCH 17, 2020

The DEO “seeks concepts and an operator to program the space to boost innovation and entrepreneurship, demonstrate creative placemaking and feature the Made in Fairfax Network. Craftmakers, according to the regulation, must sell as well as manufacture, with the retail side of the business-boosting commerce in mixed-use districts.

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Retail Arlington San Francisco Milwaukee 135

PYMNTS

DECEMBER 18, 2020

Karma Drive said the company aims to help people develop safer driving habits and offers rewards for improved behavior. Progressive continues to innovate and make it easier for good drivers to save on auto insurance,” said Jim Haas , usage-based insurance business leader for Progressive. . Canada and the U.K. Intuit closed its $8.1

Tools 242

Tools Taxes Regulation Innovation 242

PYMNTS

SEPTEMBER 16, 2020

PSD2 and open banking regulations were forged to accelerate competition in the financial services arena, and this week, a look at the latest initiatives reveals the opportunity for new market entrants to rival incumbents in the small business banking arena. Payoneer Debuts Program For Banks. Faster Payments and BACS schemes.

Taxes 141

Taxes Fintech Payments Security 141

PYMNTS

AUGUST 3, 2018

For much of the world, electronic invoicing is taking off — not only for the benefits it offers, like enhanced cash flow visibility, but largely because jurisdictions are implementing eInvoicing regulatory requirements to crack down on tax evasion. “Having all of this data is benefitting companies. While the U.S.

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Regulation Data America Payments 101

PYMNTS

MARCH 26, 2018

The rise of RegTech is not by chance: There is an undeniable link between regulatory changes and technological innovation, and that link has a profound impact on FinTech and the financial services market. Europe is an epicenter for both regulatory shifts and FinTech innovation. Tax fraud is a massive threat of corporates.

Taxes 102

Taxes Fraud Compliance Regulation 102

PYMNTS

JANUARY 16, 2019

The CBA said it will look to include smaller and mid-sized banks on the platform, with eventual additions of tax agencies and customs activities to the platform. Separately, the South Korean government has been eyeing tax breaks for blockchain in a move that looks to bring innovation to the region.

blockchain 206

blockchain Taxes Security Survey 206

PYMNTS

JANUARY 11, 2021

For its part, Paxos describes itself as a regulated financial institution that builds infrastructure to enable movement between physical and digital assets. Put another way, it's the company that made it possible for PayPal’s recent announcement that it would allow its users to buy, sell and hold cryptocurrency. It doesn’t stop.

blockchain 193

blockchain Bitcoin Regulation System 193

PYMNTS

APRIL 2, 2019

“We are finally seeing funds being poured back into innovative tech that can help self-employed people and small business owners with their finances,” said Coconut CEO and Co-Founder Sam O’Connor in a statement. The funds aim to inject competition into the U.K. banking sector. ”

Taxes 129

Taxes Metro Tools Regulation 129

PYMNTS

MARCH 14, 2019

Both corporates and banks have said Know Your Customer ( KYC ) regulations are their most pressing compliance concerns, with nearly three-quarters of businesses with more than $1 billion in revenues pointing to KYC as their top challenge. ” and an overall rise in complexity of current regulations. ” Technological Troubles.

Fraud 115

Fraud Survey Taxes Regulation 115

Bank Innovation

MAY 11, 2017

company owned servers and 3) regional jurisdictional data, payments and identity infrastructure is inevitable and the most effective way to manage those threats is by giving would-be-global European firms a competitive edge in the form of regulation. understand that 1) massive amounts of European capital flow to the U.S.

Regulation 252

Regulation Regional Apple America 252

PYMNTS

MAY 29, 2018

It’s beginning to feel like two kids talking smack in a high school hallway — except, in this case, billions of dollars are involved, along with issues of privacy and innovation. The good reasons are these privacy concerns and the bad reasons are there are no successful tech companies in Europe, and they are jealous of the U.S.,

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social media US Regulation United States 100

PYMNTS

JANUARY 4, 2019

In 2016, it was lower and companies only saw $4.3 The funding saw the creation of two new unicorns (companies with a $1 billion valuation or more). These were OYO Rooms, a hospitality company, which raised $1 billion in September, and food delivery company Swiggy , which also secured a cool billion.

Company 162

Company Taxes Innovation Capital 162

PYMNTS

JANUARY 4, 2019

A New York State politician announced the creation of what he called the nation’s first cryptocurrency task force, to “study how to properly regulate, define and use” the currency, according to a Facebook post and reports.

cryptocurrency 163

cryptocurrency New York New York City Study 163

PYMNTS

SEPTEMBER 26, 2018

Representative Warren Davidson (R-Ohio) is hosting a “Legislating Certainty for Cryptocurrencies” roundtable, with financial firms, venture capitalists (VCs) and cryptocurrency companies all gathering to say their piece on the shaping of crypto regulation. ICO market.”

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Management cryptocurrency blockchain Regulation 164

PYMNTS

OCTOBER 18, 2019

According to CoinDesk , the new system will link all hospitals, pharmacies, insurers and other companies in the sector. dollar-backed digital currencies for the payment of government taxes, fees and services. If you look at five of the six largest companies in the world today, they are technology companies,” said Premier David Burt.

blockchain 101

blockchain Samsung Bitcoin Innovation 101

PYMNTS

APRIL 18, 2019

“Making public blockchains secure and scalable is a priority for EY,” said Paul Brody, EY global innovation leader, blockchain, in a statement. The solution aims to help enterprises and investors to conduct private, secure transactions on a public blockchain.

blockchain 167

blockchain Security Tools Taxes 167

PYMNTS

JANUARY 7, 2020

The financial center operates with its own legal, regulatory and tax infrastructure and traces its roots back to 2005. As reported by the Gulf Times , the Qatar Central Bank adopted new regulations in December that focus on combating money laundering and terrorist financing.

cryptocurrency 132

cryptocurrency Bitcoin blockchain Course 132

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

AUGUST 2, 2019

In other news, Brazil’s Tax Authority has announced that transactions involving cryptocurrencies must now be reported to the Department of Federal Revenue ( RFB ). Those who do not comply will face penalties ranging from 100 to 500 Brazilian reais or from $25 to $130, according to Cointelegraph.

blockchain 148

blockchain Fraud Data Report 148

PYMNTS

JANUARY 22, 2018

According to Xavier Deleval, managing director at expense management technology firm MobileXpense, addressing the mid-market is particularly challenging because these companies need a level of sophistication to their technologies, but don’t have the capacity to handle the development and deployment of proprietary systems.

Management 116

Management Compliance Taxes Marketing 116

PYMNTS

FEBRUARY 21, 2018

Singapore stepped onto the global stage as a world leader in blockchain innovation in recent months. Ubin was first announced in 2016 with the central bank launching a partnership with blockchain company R3. As regulators begin to consider blockchain regulations, many have signaled a desire not to hamper innovation while doing so.

blockchain 130

blockchain Los Angeles Regulation Oregon 130

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. As a result of its product innovation efforts, Stripe has seen explosive growth in product adoption and valuation. A decade of online payments innovation.

Online 98

Online Company Retail Payments 98

CFPB Monitor

OCTOBER 16, 2014

Klein The CFPB published for comment in today’s Federal Register a proposed policy on issuing “no-action” letters for innovative financial products or services. The proposal is part of Project Catalyst, the CFPB’s initiative for facilitating innovation in consumer-friendly financial products and services.

Policies 95

Policies Innovation Examples Data 95

PYMNTS

NOVEMBER 2, 2020

Regulation. European Commission Executive Vice President Margrethe Vestager said in a webinar that to make the 2020s the continent’s digital decade “is every bit as much about building trust as it is about investing in digital innovation.”. “In The Digital Markets Act is a second set of regulations. and Facebook Inc. each month.

Taxes 212

Taxes National Regulation Google 212

PYMNTS

JANUARY 23, 2017

Dabbling in FinTech innovation, expanding internationally, integrating digital systems — businesses must make progress, but they’re facing unfamiliar threats as they make these moves. And we’re not just talking about cyberattacks. 40% more cyberbreaches impacted U.S. businesses in 2016 than the year prior, found CyberScout.

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Survey Taxes Groups Analysis 100

PYMNTS

JANUARY 22, 2020

In tandem with this new era of data sharing, India is creating the Data Protection Authority , which will be tasked with rulemaking and deciding which companies are covered by the new data protection laws and which are exempt. The financial companies are also required to have “robust” IT systems in place (which includes IT security, too).

Data 141

Data Payments Regulation System 141

PYMNTS

DECEMBER 20, 2017

Understanding how much you’re being paid, and how much goes to taxes, can be easily misunderstood. There are so many regulations to keep track of. Small business owners, on top of other responsibilities, have to quickly get acquire payroll to retain talent and remain tax compliant. You have to figure it out on the fly.

Payments 111

Payments Bitcoin Taxes Trends 111

PYMNTS

SEPTEMBER 20, 2018

European regulators this week continued to show their love, respect and admiration for U.S.-based Assuming that caught your attention, here’s the real story: It’s shaping up as a busy week for regulators in Europe (including Turkey, which for purposes of this article, qualifies as Europe). based tech firms operating there.

Google 124

Google social media Regulation Course 124

PYMNTS

OCTOBER 17, 2018

Blockchain company DMG Blockchain Solutions is rolling out a new supply chain management solution designed for the legal cannabis market. The company announced via press release on Tuesday (Oct. The company announced via press release on Tuesday (Oct. billion with 13 million recreational users.

blockchain 156

blockchain Compliance Management Bitcoin 156

PYMNTS

JANUARY 22, 2020

In tandem with this new era of data sharing, India is creating the Data Protection Authority , which will be tasked with rulemaking and deciding which companies are covered by the new data protection laws and which are exempt. The financial companies are also required to have “robust” IT systems in place (which includes IT security, too).

Data 132

Data Regulation System Taxes 132