PYMNTS

NOVEMBER 16, 2018

Cloud accounting software firm Xero is broadening its reach in the small business tax filing space through an acquisition of Instafile. based Instafile to integrate its cloud-based tax preparation and filing solution. The company connects accountants, bookkeepers and small businesses to tax authorities to maintain compliance.

Taxes 148

Taxes Software Compliance Meeting 148

PYMNTS

DECEMBER 7, 2020

UK Regulations to Create New Digital Markets Unit. antitrust regulators are creating a Digital Markets Unit that will be given the duty to enforce rules applicable to Big Tech firms. That new division will fall under the country’s Competition and Markets Authority (CMA). Apple Faces $12M Fine Over iPhone Marketing.

Apple 143

Apple Regulation Taxes Marketing 143

PYMNTS

SEPTEMBER 4, 2019

Since 1992, when eCommerce was still in its infancy, online retailers have not had to collect sales tax. States can now tax sales by companies that do not have a physical presence within the state. Will this increasingly regulated online sales tax environment affect this growth? Online Sales Tax and Marketplaces.

Taxes 129

Taxes Online South Dakota Louisiana 129

PYMNTS

OCTOBER 5, 2020

EU Aims To Have Big Tech Share Data With Smaller Competitors. Firms such as Google and Amazon “shall not use data collected on the platform?.?.?.?for Gatekeepers shall not use data received from business users for advertising services for any other purpose other than advertising services,” according to the draft, as per FT.

Data 229

Data Google Compliance Apple 229

PYMNTS

AUGUST 24, 2020

Facebook Supports Data-Portability Law. The social media company has indicated that the Access Act, a proposed data portability law, is a first move in the right direction. The social media company has indicated that the Access Act, a proposed data portability law, is a first move in the right direction.

social media 152

social media Data Apple Compliance 152

Abrigo

NOVEMBER 25, 2014

For some accountants, tax and audit services are attractive for the recurring revenue streams and steady client base they provide. CPAs providing tax services, especially, should find that offering valuation services is an attractive way to not only retain those clients but to also generate new revenue from these existing clients.

Taxes 170

Taxes Guidelines Maine Regional 170

PYMNTS

FEBRUARY 28, 2020

As B2B FinTech firms continue working to break down silos, and ease the numerous friction points of the B2B payments process for both buyer and seller, the opportunities for data integration are vast. “This combination increases data accuracy, and shortens payment cycles.” B2B payments market.

Taxes 209

Taxes Data Fintech Compliance 209

PYMNTS

JANUARY 3, 2020

In an interview with PYMNTS, Liz Armbruester, senior vice president of Global Compliance at Avalara , said 2019 represented a watershed year for tax compliance as states embraced the economic nexus model and passed marketplace facilitator laws. Imposing state taxes on out-of-state sellers is now the new normal, she said.

Online 132

Online Taxes Compliance Missouri 132

PYMNTS

JANUARY 7, 2020

OneConnect used Guangdong’s “digital government” tech resources, as well as its own blockchain tech, AI and Big Data, to create the platform — which has access to data in 213 categories from 26 departments of government, and has connected with 129 financial institutions in the China province. ”

Bitcoin 132

Bitcoin blockchain Taxes Austin 132

PYMNTS

FEBRUARY 18, 2020

Corporates can gain greater insights and control, while ensuring regulatory and tax compliance through this solution,” said Parag Rao, country head for payments business and marketing of HDFC Bank. This enables them to uncover valuable spend data, simplify processes, and make smart decisions,” Chowhan said.

Compliance 150

Compliance Cards Management Taxes 150

PYMNTS

MARCH 11, 2020

FreshBooks has been serving the British market for over 10 years; however, recent client growth has inspired the company to put a higher level of focus and investment into the area. FreshBooks rolled out its VAT Return Report last year to assist more owners of small businesses get ready for tax time compliance.

Software 130

Software Taxes Compliance Meeting 130

PYMNTS

OCTOBER 17, 2018

Blockchain company DMG Blockchain Solutions is rolling out a new supply chain management solution designed for the legal cannabis market. Greater transparency means faster product recalls, greater ability to ensure compliance and legality of the product’s source and safety, and increased support for legal and tax compliance, he said.

blockchain 156

blockchain Compliance Management Bitcoin 156

PYMNTS

SEPTEMBER 17, 2020

Whether that's a lack of security if a piece of paper falls into the wrong hands, or simply the pain of having to manually store a document or capture its data, paper is far from the most efficient way to do business. That being said, even when organizations do make the electronic data shift, these friction points don't magically disappear.

Compliance 157

Compliance Taxes Industry Data 157

CB Insights

NOVEMBER 21, 2019

Download the CB Insights and PwC Canada MoneyTree report to see all the data. The 2019 Canadian fintech market map. The startups selected for inclusion in the market map below are all Canada-headquartered, VC-backed fintech companies that have at least US $1M in equity funding, and have obtained equity funding since the start of 2015.

Fintech 93

Fintech Marketing US Technology 93

PYMNTS

FEBRUARY 28, 2020

An entrepreneur who opens a coffee shop or launches a FinTech startup isn’t in business to crunch numbers and file taxes. Yet, the burden of financial management, from tedious data entry to compliance challenges, is a nonnegotiable part of starting a small business (SMB). ” Mixing Humans With Data. .

Capital 154

Capital Taxes Software Data 154

PYMNTS

JANUARY 22, 2018

Expense management technology is now a saturated market, particularly for the small business space – which is notoriously difficult to serve, because they are too small for large, enterprise-grade solutions, but too large for consumer-specialized tools. “Some observers will define the market as $10 million in the top line to $1 billion.

Management 116

Management Compliance Taxes Marketing 116

Gonzobanker

AUGUST 17, 2022

Digital banking provider Alkami acquired data analysis and marketing campaign management provider Segmint Digital banking and payments provider Bottomline was acquired by Thoma Bravo for $2.6B. Industry expert John Meyer digs deeply into the implications of this industry-changing rollup deal here.

Fintech 195

Fintech Lending Software Compliance 195

PYMNTS

FEBRUARY 8, 2018

If death and taxes are sureties, insurance payments rank up there, as people insure homes and autos and apartments against any number of calamitous scenarios. In an interview with PYMNTS, Colin Zalewski, senior product marketing manager for One, Inc., In one example, One, Inc.

Taxes 101

Taxes Payments social media Policies 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. Take the market’s VAT legislation, for example. Tax fraud is a massive threat of corporates.

Taxes 102

Taxes Fraud Compliance Regulation 102

PYMNTS

AUGUST 1, 2019

Last month, new data on the U.K.’s expense management platform Sweep , professionals like gig workers, freelancers and the smallest of the SMBs are being left out of the T&E solutions market because they lack those resources. million professionals. According to Billel Ridelle, founder and CEO of newly-launched U.K.

Taxes 151

Taxes Resources Management Analysis 151

PYMNTS

NOVEMBER 20, 2020

Whether that means establishing subsidiaries abroad, acquiring customers in new geographic markets, or stepping into a new space via mergers and acquisitions (M&A), even small companies are often global ones. At the same time, parent organizations must consolidate this data to obtain a holistic view of finances across entities.

Compliance 154

Compliance Data Trends Payments 154

PYMNTS

MAY 23, 2017

tax reform in an effort to help SMEs ease into the transition of going digital. The company said Monday (May 22) that it is working with Cashplus to help small businesses prepare for the Making Tax Digital legislation. Cashplus is the first company to announce it is linking its account data into Bank Feeds.

Taxes 108

Taxes Software Data Compliance 108

Abrigo

FEBRUARY 23, 2023

For smaller banks, longer-term industry consolidation trends and competition are also eroding deposit market share. According to the Federal Reserve Bank of Kansas City , community banks’ deposit market share dropped to 15% in 2022 from 22% in 2013. Check out our 1071 compliance resources. The result? The result?

Community Bank 195

Community Bank Kansas City Community Lending 195

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. The Distributed Workforce.

Payments 127

Payments Compliance Taxes Technology 127

PYMNTS

SEPTEMBER 12, 2019

The Cost of Compliance. The projected 2020 cost of AML compliance across all U.S. were equally split between regulatory compliance (69 percent) and reputational risk (69 percent), though reputation was a larger motivation among larger companies. financial institutions (77 percent) for AML compliance.

cryptocurrency 116

cryptocurrency Regulation Compliance blockchain 116

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. In documents released Tuesday (Jan.

blockchain 138

blockchain Phoenix Compliance cryptocurrency 138

PYMNTS

DECEMBER 28, 2018

Researchers this year released new data on banks’ KYC adherence that highlights just how imperative it is that the financial services industry is able to more adequately address the challenges of compliance. Avoka CMO Don Bergal told PYMNTS what global markets can expect in 2019 in terms of bank KYC happenings.

Compliance 186

Compliance Regulation blockchain Taxes 186

PYMNTS

MAY 23, 2017

For both executives, some of the data came as a surprise. Technology continues to break down barriers between cultures, and businesses are continuing to look abroad to access new markets and expand their customer base.”. firms explored cross-border markets. Instead, nearly half (45.6 Cost-driven localization outside the U.S.

US 100

US Compliance Taxes Trends 100

PYMNTS

SEPTEMBER 16, 2019

At the Monday press conference, Arkansas Attorney General Leslie Rutledge said the AGs, across political parties and demographics, stand together to “protect the free market, protect competition and … the American consumer … against this online, search engine juggernaut.”. On the Continent — and Taxes in Sight.

social media 122

social media Google Taxes Arkansas 122

PYMNTS

JUNE 15, 2018

In reference to the partnership’s advantages, the firms said, is the elimination of manual data entry and accounting. In the Middle East , RAK Bank has said it will offer Sage accounting software to business banking customers, in an agreement that helps those firms manage value-added tax (VAT) compliance mandates.

Fintech 115

Fintech Compliance Software Taxes 115

PYMNTS

JUNE 18, 2019

Small businesses using the platform can manage employee data via web browser and easily adjust information if employees depart or receive a raise, for example. The solution also automatically informs business owners when taxes must be paid and automatically calculates tax payments while generating reports for a user’s accountant.

Taxes 115

Taxes Resources Security Technology 115

PYMNTS

APRIL 19, 2019

That’s particularly true when it comes to compliance and data security. The EU’s General Data Protection Regulation (GDPR) is a prime example, said Jones. Payroll and tax-related regulations are also a strategic focus for accountants handling payroll for their customers. In the U.K., In the U.K., ”

Innovation 154

Innovation Compliance Technology Resources 154

PYMNTS

JANUARY 3, 2017

That figure draws on data from AllTheRooms, an accommodation search engine, and analysis by the Financial Times. That news follows separate data recently released by the FT that indicates around 1/3 of the savings Airbnb offers over traditional hotels stems from tax advantages deriving from its business model.

Regulation 114

Regulation Company Taxes Analysis 114

Insights on Business

MARCH 25, 2019

But while this seems like a basic tenant of risk analysis, for many institutions, the AML risk ratings of each country and territory rely on insufficient, outdated and/or incomplete data. By using the wrong data, it could be as if the risk rating didn’t even take place. Old risk ratings also mean missed opportunities.

Compliance 98

Compliance Taxes United States Data 98

PYMNTS

JUNE 13, 2019

As reported, the launch covers 30 markets globally. The digital identifier, he elaborated, tokenizes an organization’s sensitive data, including banking details and account numbers. The tokenization helps sidestep the vulnerabilities to fraud that exist when sending checks, ACH and wire transfers. Mastercard, Too.

Charlotte 189

Charlotte Payments Taxes Compliance 189

FICO

NOVEMBER 15, 2022

FICO is transitioning its Siron ® compliance business to IMTF, a Swiss global leader in regulatory technology, and a partner in the Siron business for more than 20 years. Siron’s anti-financial crime solutions provide organizations with analytics-driven applications for end-to-end financial crime compliance. FICO Admin. by TJ Horan.

South Carolina 52

South Carolina Compliance Analytics Software 52

PYMNTS

FEBRUARY 18, 2019

However, participation from the traditional financial services sector isn’t necessarily a requirement when it comes to crypto adoption, even in the B2B payments market, according to BitRail Co-founder and Vice Chairman Cameron Chell. “Adoption is like water,” he said. ” Confusion, Doubt Remain.

cryptocurrency 175

cryptocurrency Payments blockchain Compliance 175