PYMNTS

FEBRUARY 1, 2021

In today’s top payments news around the world, Grab said it has closed on a loan facility, while Getir announced on social media that it has come to London. Plus, European Union legislators have told four tech companies that they are willing to delay a potential hearing past its initially scheduled date. London, we’ve arrived!

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social media Taxes Payments Apple 236

PYMNTS

FEBRUARY 12, 2019

Govindacharya have asked lawmakers in India to call leaders of Google and Facebook to the country to ask them about data privacy and their compliance on tax laws, according to a report from Reuters. When asked if he would call on the leaders of other giant online companies, Thakur said he was thinking about it. We’re calling everyone.

Taxes 108

Taxes Google social media Groups 108

PYMNTS

AUGUST 24, 2020

Here’s the latest news from Facebook, Amazon and others, which are coming under increasing scrutiny from regulators, trade groups and politicians the world over. Regulations. The social media company has indicated that the Access Act, a proposed data portability law, is a first move in the right direction.

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social media Data Apple Compliance 152

PYMNTS

DECEMBER 12, 2019

The social media company is now reportedly investing $130 million to the effort, Engadget reported. It will have the role of handling such tasks as ensuring tax compliance, administering payroll and reviewing the annual budget of the board. Brown Brothers Harriman Trust Company of Delaware, N.A

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social media Delaware Tools Policies 130

PYMNTS

DECEMBER 19, 2019

A number of Chinese tech companies were ordered to clean up policies on the way their apps deal with user information or face penalties, according to an Associated Press report on Thursday (Dec. The tech companies cited included social media giant Tencent , Sina Corp., Sohu.com Ltd. and Xiaomi Corp.

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social media Regulation Exercises Policies 130

PYMNTS

SEPTEMBER 16, 2019

On the Continent — and Taxes in Sight. Google’s own regulatory and tax issues extend well beyond domestic markets. As has been reported, larger tech firms, with international presence, have been under examination for allegedly paying less tax than is owed in certain countries in which they do business. GDPR Compliance Lacking.

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social media Google Taxes Arkansas 122

PYMNTS

JULY 26, 2019

The Internal Revenue Service (IRS) is going to send letters to about 10,000 cryptocurrency holders warning them about the penalties they will face if they don’t report their income or pay taxes on the transactions, according to a report by The Wall Street Journal. at the World Bank.

Taxes 128

Taxes social media cryptocurrency Washington 128

PYMNTS

MAY 29, 2018

The latest episode had French President Emmanuel Macron telling executives from major technology companies — including Facebook, Microsoft, Intel and IBM — that innovation needs to be accompanied by tough regulations and societal contributions. “I technological might when it comes to social media, eCommerce and the digital world.

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social media US Regulation United States 100

PYMNTS

SEPTEMBER 30, 2019

eCommerce sales tax laws are having unintended consequences in the tobacco industry. These laws were meant to make online sellers face sales tax requirements similar to those for retailers with on-the-ground locations, putting both types of businesses on equal footing. in 2017 had a 52.75

Retail 109

Retail Taxes Virginia South Dakota 109

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.

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Google social media Regulation Course 124

PYMNTS

NOVEMBER 12, 2018

This time, South Korean blockchain company Pure Bit has reportedly stolen $2.7 According to The Next Web , hours after moving all raised funds out of its wallet, the company shut down its website, deleted its social media accounts and kicked all users off its chat group. Another exit scam has hit the crypto world.

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Marketing cryptocurrency social media blockchain 179

PYMNTS

FEBRUARY 2, 2021

In a recent interview with PYMNTS, she credits the company’s unique same-day payouts for its growing popularity, especially among gamblers who have never placed bets before. Hodges, known as the “Rookie Bookie” on social media, made her comments less than three months after Tennessee became the 20th state to launch sports betting on Nov.

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Tennessee Payments social media Regulation 262

PYMNTS

JANUARY 9, 2019

Facebook is facing accusations from Vietnam that the social media giant did not remove content that it said was “slanderous,” reported Financial Times. Citing a briefing in Hanoi, Vietnam on Tuesday (Jan. Citing a briefing in Hanoi, Vietnam on Tuesday (Jan.

social media 108

social media Taxes Compliance Google 108

PYMNTS

NOVEMBER 22, 2019

People don’t know what’s true and what’s not, and what to believe,” he noted, adding that instead of uniting people, technology — like social media — is “splintering” them. Politicians, as well as privacy advocates, have asked regulators to block the deal. Goldman CEO Denies Claims Of Apple Card Credit Biases. Google’s $2.1

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South Dakota Apple Taxes Cards 101

PYMNTS

NOVEMBER 2, 2020

Regulation. The Digital Services Act will be one of the regulations, which Vestager said will revise the eCommerce Directive and will make digital services take additional responsibility for contending with “illegal content and dangerous products.”. The Digital Markets Act is a second set of regulations. and Facebook Inc.

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Taxes National Regulation Google 212

PYMNTS

APRIL 2, 2018

Here in the United States, tax season looms, of course, which may put additional pressure on cryptos. The specific directive from William Galvin, the state’s head securities regulator, commands that those firms abandon the sale of what have been termed “unregistered securities.” The firms named include Mattervest, Inc.,

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United States social media Arizona cryptocurrency 110

PYMNTS

APRIL 19, 2019

That’s because Strong Customer Authentication (SCA) is on the way in September, but as has been seen with other sweeping changes mandated by regulators and impacting the very way payments are made, lots of folks are not paying attention. The economy is growing, and tax refunds may have also helped boost spend. Retail Sales: Rally 1.6

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social media Online Regulation Taxes 125

PYMNTS

JUNE 25, 2018

Not only is regulatory oversight on the rise, but social media has emerged as a strong watchdog, too, keeping financial institutions (FIs) mindful of unchartered territory, where risks to reputation and revenues abound. To no surprise, the regulatory landscape is becoming ever onerous, with little room for error.

Risk Management 167

Risk Management Strategy Management Compliance 167

PYMNTS

DECEMBER 21, 2016

Germany- and Boston-based Spreadshirt uses data, analytics and even social media information to build a product and spread news among communities while printing more than 3.6 We automate complex payment and tax regulations in over 180 countries and offer a variety of payment checkout options,” said Smoter.

Data 100

Data Boston Community social media 100

South State Correspondent

OCTOBER 20, 2022

Innovative banks not only provide quick tutorials upfront during the onboarding process but have pre-built customer journeys that follow up with automated educational material around anticipated events such as month-end reconciliation or tax time. One company removed its call metrics only to find that time-on-task increased initially.

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Policies Training Customer Experience Examples 195

PYMNTS

FEBRUARY 13, 2020

They aim for more accountability in social media, which has been a worldwide trend recently as social media companies try to combat ills such as fake news, child porn and hate speech, among other things. billion residents, and the rules would cover any social media app with more than 5 million users.

social media 134

social media Guidelines Taxes Trends 134

PYMNTS

SEPTEMBER 3, 2019

In Japan, the Fair Trade Commission said last week that it has draft guidelines in place that would promote tighter regulation of larger tech firms. The guidelines would address concerns over customer data and would impact companies such as Facebook, Apple and Amazon, among others. Taxes, Too. Libra in the Crosshairs.

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Guidelines Regulation Taxes United States 116

PYMNTS

DECEMBER 2, 2016

Want tax cuts? Business tax cuts: The corporate world had reason to cheer this week, when Trump’s pick for incoming treasury secretary, Steve Mnuchin, stated that the number one priority in terms of regulation is to roll back parts of Dodd-Frank. The latest US personal consumption data sizzled. Elizabeth Warren.

Retail 100

Retail Taxes Data social media 100

Jeff For Banks

JUNE 2, 2023

Second, this can be accomplished only if the industry does not have too much influence over its regulators and if the regulators have the ability to hire, train, and retain qualified staff. Third, the regulators need adequate financial resources. My lesson learned to the regulators, read your past lessons learned.

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FDIC Community Bank Regulation Lending 78

PYMNTS

NOVEMBER 30, 2020

million of the 18 million users of the social media company in Korea was given to operators beyond Facebook without them knowing between May 2012 and June 2018. The French Finance Ministry has told Big Tech firms that the Digital Service Tax is now due, PYMNTS reported, citing Reuters. for bulkier parcels.

Taxes 130

Taxes Chicago Compliance Apple 130

PYMNTS

SEPTEMBER 21, 2020

Regulations . EU Regulators Plan New Rules For Big Tech . European Union watchdogs intend to gear new regulations aimed at fighting election-related disinformation toward Big Tech firms such as Apple and Facebook as opposed to smaller tech players. India Telecom Watchdog Decides To Not Regulate OTTs .

Google 147

Google Taxes Compliance Regulation 147

South State Correspondent

MARCH 15, 2023

8) Deposit Impact of Social Media: SVB’s customer base and followers were highly active on Twitter and other social media properties. The more active your customer base and “friends of the bank” are on social media, the shorter you can expect your deposit duration when sentiment turns negative.

social media 195

social media FDIC Branding Management 195

PYMNTS

DECEMBER 14, 2020

The Commission Nationale de l’Informatique et des Libertés (CNIL), the French data protection watchdog, has hit Amazon and Google with significant financial penalties for allegedly contravening regulations on the digital advertising trackers known as “cookies,” CNBC reported. Amazon was told to pay 35 million euros (approximately $42.5

Google 132

Google social media Compliance Regulation 132

PYMNTS

APRIL 16, 2018

That putting what is now the inevitable regulatory screws to social media platforms will impose unwieldly compliance costs on every player, making it harder for new players to emerge and scale, and thereby strengthening Facebook’s position. Anyone who gets it down to one minute should definitely get the Nobel Peace Prize.

Google 121

Google Data social media Branding 121

PYMNTS

FEBRUARY 19, 2020

Having lagged behind on technologies like smartphones, social media and eCommerce, the European Union wants to catch up and keep EU firms from having to rely on data from U.S. The proposals coincide with efforts by some EU countries to levy digital taxes on large American technology companies. and Asian competitors.

Policies 151

Policies social media Data Washington 151

Lex Sokolin

AUGUST 5, 2019

They expect the breach to cost the company $150 million. On average, a stolen digital human is about $200 on the black market, and the per-capita cost of a data breach to the company is roughly the same. Look at all those hypocrites in the large financial companies! amounting to probably a few dozen billion in coverage.

Data 40

Data Security System US 40

Lex Sokolin

AUGUST 5, 2019

They expect the breach to cost the company $150 million. On average, a stolen digital human is about $200 on the black market, and the per-capita cost of a data breach to the company is roughly the same. Look at all those hypocrites in the large financial companies! amounting to probably a few dozen billion in coverage.

Data 40

Data Security System US 40

PYMNTS

AUGUST 5, 2016

Visa also announced that it had extended the real-time, ubiquitous capability to other disbursement types as well including insurance claims, contractor payments, tax refunds and even merchant account real-time funds settlement. Bitfinex held two keys, while the multi-sig security provider, a company called BitGo, held a third.

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Bitcoin Payments Samsung social media 100

Fintech Labs Insights

OCTOBER 30, 2016

The company notes “while the name is new, the marriage of technology and regulation to address regulatory challenges has existed for some time with vary degrees of success.” To its credit, Deloitte is aware of the “old is new again” aspect of RegTech. ” Indeed.

blockchain 12

blockchain Trends Fintech social media 12

CB Insights

OCTOBER 29, 2018

In 2013, Microsoft CEO Steve Ballmer saw an opportunity in Nokia, a Finnish phone company that was losing ground to competitors. Ballmer left Microsoft that same year and new CEO Satya Nadella had to do significant restructuring and layoffs to streamline the company, including cutting 15,000 Nokia employees. Google and Nest.

Google 76

Google Software Innovation Company 76

Gonzobanker

DECEMBER 19, 2017

Heavy-handed regulators. For 35 years, Wilmers led M&T with creativity, integrity and the “old-school” wisdom of a community banker who created a $26 billion market cap company. Executioner’s Tax (Swing of the Ax) – Power Trip. One word can summarize this action-packed banking year, GonzoBankers – tiring. Payments chaos.

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Conference Industry Community Bank Community 90

Vitalik Buterin

APRIL 20, 2018

Harberger taxes can essentially replace eminent domain ), and given that blockchains lack access to trusted human-controlled courts, these kinds of solutions may prove to be be even more ideal for blockchain-based markets than they are for “real life”. Harberger taxes. What do Posner and Weyl talk about? the highest bidder).

Marketing 76

Marketing Taxes blockchain System 76