PYMNTS

MARCH 14, 2018

” Oliver was discussing cryptocurrencies and blockchain on his show, highlighting the massive potential the world of FinTech has touted for the last year or so. Earlier this week, the head of the International Monetary Fund (IMF) described this dichotomy as the “peril that comes along with the promise” of cryptocurrencies.

blockchain 129

blockchain cryptocurrency Regulation Taxes 129

PYMNTS

OCTOBER 18, 2019

The Logic was the first to report that the country’s central bank is investigating both opportunities and challenges focused on the project, with some believing that creating a public central bank digital currency (CBDC) could help tackle direct threats related to cryptocurrency.

cryptocurrency 102

cryptocurrency Taxes Compliance Regulation 102

PYMNTS

JANUARY 8, 2020

8), the Securities and Exchange Commission ’s (SEC’s) Office of Compliance and Examinations (OCIE) offered up a list of its priorities for the year that has just dawned. Among them: cryptocurrencies and the financial (alternative) data that is used in the investment realm. “The In documents released Tuesday (Jan.

blockchain 138

blockchain Phoenix Compliance cryptocurrency 138

PYMNTS

NOVEMBER 14, 2019

Time report collection, data aggregation across different formats and departments, data consolidation for processing, tax withholdings and benefits calculation must all be done, approved, and processed for on-time payroll. Compliance is still a major challenge.

Payments 127

Payments Compliance Taxes Technology 127

PYMNTS

MARCH 5, 2018

And so, the SEC might be shorthand for “Scare Every Cryptocurrency Firm.”. Securities and Exchange Commission issued scores of subpoenas and Requests for Information (RFIs) focused on initial coin offerings (ICOs). The new measures, Reuters reports , include government monitoring of overseas websites tied to cryptocurrencies.

Bitcoin 123

Bitcoin cryptocurrency Regulation Course 123

CFPB Monitor

JULY 6, 2021

The Priorities have been much-anticipated because, under the AML Act, regulators will review and examine financial institutions in part according to how their AML/CFT compliance programs incorporate and further the Priorities, “as appropriate.”. A prime example of this problem is the inclusion of “fraud” as a Priority.

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United States Fraud Regulation Compliance 78

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. A velvet hammer? A helping hand?

Regulation 117

Regulation Security Course blockchain 117

CB Insights

NOVEMBER 21, 2019

Companies in this subcategory (1) provide technology to accounting and tax, bookkeeping, and expense management players, or (2) leverage technology to provide these services directly to end-users. For example, KNØX Custody (disclosed equity funding of US $6.2M) provides insured cryptoasset and cryptocurrency custody solutions.

Fintech 93

Fintech Marketing US Technology 93

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

Lex Sokolin

DECEMBER 25, 2019

Other things like Compound are essentially a securities lending marketplace?—?you This financial commitment also performs the function of securing the historic accuracy of the data on the chain itself, like electricity-consuming mining does in Bitcoin. something between equity voting and dividend yield). all Fintech unicorns?—?that

blockchain 52

blockchain Bitcoin Software Lending 52

PYMNTS

DECEMBER 7, 2017

million in Series A funding, provides blockchain-native accounting, auditing and tax software for blockchain and crypto companies and the financial professionals that service them. There is a huge gap right now, and traditional accounting software doesn’t integrate with blockchains and cryptocurrencies.”.

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blockchain cryptocurrency Software Regulation 131

Fintech Labs Insights

OCTOBER 19, 2015

Secure messaging for financial services. Bitcoin compliance solutions. Tags: Enterprise, IDology (investor), security, risk management, payments, Finovate alum. HQ: Atlanta, Georgia. Latest round: $135 million at $1 billion valuation. Total raised: $600 million. Source: Finovate. HQ: Palo Alto, California. Total raised: $7.5

New York City 12

New York City Company Fintech New York 12

CB Insights

OCTOBER 26, 2020

Goldman Sachs began working to automate its own IPO process after it found that around half of the 127 IPO steps it identified could be done by computers — for example, making calls to compliance, making calls to legal, delivering price updates to clients, preparing the company’s audited financials, and so on. INITIAL COIN OFFERINGS.

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Management Capital Company Marketing 78

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 million), mobile security provider Tyfone ($6.6 VAT tax refund solution . Total raised: $58.3

New York City 12

New York City Company Fintech New York 12

Abrigo

FEBRUARY 15, 2023

Develop your risk assessment with the AML/CFT priorities in mind Evaluating each FinCEN priority and addressing them in your financial institution's risk assessment is key to compliance. Institutions should also monitor virtual currency or cryptocurrency transactions for unusual activity. Be ready for AMLA-related changes.

Fraud 195

Fraud United States Training Policies 195

PYMNTS

JANUARY 26, 2018

The CFPB also announced that in the meantime, it would be providing waivers to banks hit by the implementation deadline so that compliance efforts would not be complicated by rule changes. South Korea is levying heavy duty taxes on trades. That decision drew markedly mixed reactions. . The reason?

Lending 101

Lending Cards Millennials Data 101