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. Unfortunately, the report found, recent tax reform in the U.S.

Fraud 115

Fraud Survey Taxes Regulation 115

PYMNTS

JANUARY 17, 2019

As innovative technologies move down stream, small and medium-sized businesses are poised to benefit significantly from being able to customize a flexible payroll and human capital management (HCM) program. The evolution of payroll is all about pushing back against the notion of one-size-fits-all. ” In the U.S.,

Capital 173

Capital Tools Survey Management 173

Bank Innovation

AUGUST 12, 2016

Two years ago the IRS issued a brief notice on the status of bitcoin and all its digital cousins stating that for tax purposes these items are property — not currency. Shortly before the March notice was published, bitcoin had awoken from a stupor, zooming from well under a $100, and nearly hitting $1000, according to Read More.

Bitcoin 150

Bitcoin Taxes cryptocurrency Compliance 150

FICO

MARCH 6, 2020

Visma Connect recently interviewed Jürgen Krieg, FICO's head of global compliance sales. In this excerpt from that article, Jürgen elaborates on the importance of compliance. . At FICO, I am responsible for planning and implementing growth strategies to develop new markets, and the expansion of our compliance business globally.

Compliance 81

Compliance Technology Fraud Analytics 81

Tomorrow's Transactions

NOVEMBER 5, 2014

The topic of AML came up time and time again in the discussions around Money2020 in Las Vegas, whether in the sessions about cryptocurrency or remittances or innovation or anything else. The reason I get so exercised about this is because the regulation on AML in practice translates into a tax on the poor and the disadvantaged.

Las Vegas 55

Las Vegas Regulation Analysis Exercises 55

PYMNTS

JANUARY 15, 2021

But those same payments mechanisms must be in compliance with various regulatory and legal frameworks. He pointed to Circle’s own advocacy of an open standard for digital dollars as an example (the company also has a consortium that brings stakeholders together to spur financial innovation). Still In Learning Mode . “A

Regulation 253

Regulation US Payments Compliance 253

Fintech Labs Insights

AUGUST 14, 2015

It was another stellar week for Finovate alums with 6 fundings totaling $123 million: money transfer service Payoneer ($50 mil), AI innovator Kensho ($33 million), tax specialist VATBox ($24 million), , cash-back specialist Mogl ($7.9 VAT tax refund solution . Source: NW Innovation. Latest round: $33 million Series A.

New York City 12

New York City Company Fintech New York 12

PYMNTS

JULY 27, 2020

Open banking certainly has opened up the opportunity to drive innovation by connecting developers with data once locked behind traditional banks’ walls. In a recent conversation with PYMNTS, Pajkovic explored how open banking has, and hasn’t, addressed some of the biggest hurdles innovators need to overcome in order to launch.

Compliance 185

Compliance Fintech Taxes Innovation 185