PYMNTS

JUNE 24, 2016

A new solution by business service provider TMF Group is looking to help corporations manage employee spend, regardless of location. According to the company, the solution is geared for heightening compliance and boosting spend transparency by automating the validation process of employee transactions.

Management 101

Management Compliance Groups Taxes 101

Abrigo

MARCH 24, 2023

READ Takeaway 1 Documentation is one of the most critical aspects of performing a risk assessment. Step one Document the BSA/AML risk assessment Documentation is one of the more critical aspects of performing a risk assessment. The credit union’s risk analysis can only be adequately supported with supporting documents.

Fraud 195

Fraud Compliance Examples Analysis 195

Abrigo

JUNE 10, 2020

Adequately staffed and risk-focused AML resources with good documentation are critical. LaFontaine failed to take sufficient action when presented with significant AML program deficiencies in the Bank’s SAR-monitoring system and the number of staff to fulfill the AML compliance role by his AMLO [AML Officer],” the document said.

Resources 195

Resources Regulation Compliance Policies 195

FICO

MARCH 8, 2021

This year the Internal Revenue Service (IRS) will start accepting 2020 tax returns on February 12 , about two weeks later than usual. That’s positive news—because you definitely want to file your tax return as soon as possible, particularly if you’re claiming a refund. How do fraudsters commit tax refund fraud? File early.

Taxes 52

Taxes Fraud Security Cards 52

Abrigo

DECEMBER 7, 2021

Takeaway 1 Documentation is one of the most critical aspects of performing a risk assessment. Document the BSA/AML risk assessment. Documentation is one of the more critical aspects of performing a risk assessment. Without supporting documents, the analysis of the institution's risk cannot be adequately supported.

How To 195

How To Fraud Analysis Compliance 195

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 193

Fintech Lending Software Compliance 193

CFPB Monitor

AUGUST 4, 2016

The CFPB has issued its 2016 Plain Writing Act Compliance Report. It also notes that its small entity compliance guides and other documents intended for use by industry in implementing regulations are “written in plain language appropriate for the intended audience.”

Compliance 60

Compliance Report Regulation Taxes 60

PYMNTS

NOVEMBER 23, 2020

Sleek said it strives to offer a wide range of cloud-based services, from company incorporation and ongoing compliance management to digital accounting and tax filing in Singapore and Hong Kong. million documented foreign workers. Singapore itself has a growing economy, with 1.4

Fintech 151

Fintech Taxes Compliance Capital 151

Abrigo

FEBRUARY 23, 2023

Relationship focus helps CFIs Small banks can leapfrog competitors and better serve their communities by combining their unique advantages with smart management and partnerships. Declining deposits, higher cost of funds, and ever-increasing competition are just a few challenges these executives are managing. The result?

Community Bank 195

Community Bank Kansas City Community Lending 195

PYMNTS

OCTOBER 4, 2017

In a press release, Trulioo said the tool can help verify if a business is real in order to enable companies to detect cybercrime, fraud and other criminal activity, like tax evasion or money laundering.

Tools 116

Tools Company Fraud Compliance 116

PYMNTS

MARCH 26, 2018

Complex tax law has been linked to the rise in eInvoicing in B2B commerce, according to Julie Park, managing director of VAT and customs duty at The VAT Consultancy. She pointed to Latin America , which enacted some of the world’s first eInvoicing mandates for the purposes of tax rule enforcement.

Taxes 102

Taxes Fraud Compliance Regulation 102

Abrigo

JANUARY 14, 2021

Red flags for identifying fraudulent PPP applications include: Misuse of proceeds Unqualified borrowers New Employer Identification Numbers (EIN) Shell corporations/dormant EINs Recent business incorporations Inflation of payroll Large loan amounts False statements on applications Fraudulent supporting documents (e.g.,

Fraud 195

Fraud Compliance Community Trends 195

PYMNTS

MAY 26, 2016

In an announcement on Wednesday (May 25), Tipalti revealed the rollout of an expanded AP platform that introduces new features for users, including invoice management, supplier onboarding, payment and reconciliation services. ” The executive added that Tipalti’s new AP platform provides “unmatched automation.”

Compliance 103

Compliance Tools Taxes Management 103

Abrigo

SEPTEMBER 20, 2023

Join Abrigo for a webinar discussing risk assessments' role in compliance. How financial institutions can prevent losses from 1st-party fraud Learn strong approaches to identifying, preventing, and detecting 1st-party fraud that will keep your AML program on top of fraud trends.

Fraud 195

Fraud Trends Cards Software 195

Abrigo

MAY 29, 2019

The compliance department is already one of the most understaffed areas of the institution and when staff turnover occurs or an employee goes on vacation or family leave, it can be cause for panic. Does tax season or holiday retail volumes give you more alerts than you can handle with current staffing?

Analysis 150

Analysis Training Fraud Compliance 150

PYMNTS

JUNE 30, 2016

Knotty problems may arise, however, when firms must manage receipts that trace their genesis from countries outside of the home base, and the home language, with policies that get lost in translation, literally. To that end, there is a human element that works with technology to heighten compliance efforts, said Diaz. .

America 100

America Policies Compliance Examples 100

Abrigo

FEBRUARY 5, 2021

Even after redoing this certification, borrowers may then still be declined on the same application due to another incorrect validation rule (for instance, an Applicant Tax ID issue),” the letter said. Nobody should fault the SBA for trying to be good custodians of our tax dollars or drive internal efficiencies. mail, Craig said.

Fraud 195

Fraud Lending Taxes Regulation 195

PYMNTS

DECEMBER 2, 2016

Cash Flow Management. This Indian startup offers small and medium-sized businesses cash flow management solutions through an array of services, like invoice management, expense tracking and other features, reports said last week. Travel Expense Management. Numberz.in. B2B eCommerce. Baoku Online. B2B Payments.

Fintech 100

Fintech Capital Lending Taxes 100

Independent Banker

OCTOBER 31, 2021

First State Bank & Trust now automatically issues compliance disclosures within its Consumerbot and Mortgagebot platforms. In addition, information from the online application flows over to the bank’s loan processing software, which requires less manual data entry to produce loan documents.

Lending 91

Lending Community Bank Community North Dakota 91

PYMNTS

MAY 31, 2018

The IRS is hiring and training more than 3,000 agents to enforce its Foreign Account Tax Compliance Act (FATCA), and the onus is now on the payer to collect all necessary tax documents from the payee and validate the info on those forms. AvidXchange.

Taxes 107

Taxes Compliance Tools System 107

CFPB Monitor

DECEMBER 23, 2020

b) requires remittance providers to refund (without additional cost to the sender) the total amount of funds provided in connection with the remittance transfer, inclusive of fees and taxes (as not prohibited by law), within three business days of receiving the cancellation notice. If a cancellation notice is properly asserted, § 1005.34(b)

Policies 78

Policies Compliance Taxes Report 78

PYMNTS

MAY 31, 2018

The IRS is hiring and training more than 3,000 agents to enforce its Foreign Account Tax Compliance Act (FATCA), and the onus is now on the payer to collect all necessary tax documents from the payee and validate the info on those forms. AvidXchange.

Taxes 101

Taxes Compliance Tools System 101

Abrigo

JULY 12, 2021

This new guidance will assist countries and the private sector in understanding and documenting these risks and prepare accordingly for this serious threat to international peace and security. The report shines a light on corruption, tax fraud, drug trafficking, and labor trafficking as being linked to environmental crime. Learn More.

Training 195

Training Policies United States Report 195

PYMNTS

MARCH 16, 2018

Even at its smoothest, supply chain management is never the easiest of endeavors. Add to the equation the growing burdens of regulatory compliance stretching across anti-money laundering and know your customer efforts … and record-keeping can become daunting even with the best of efforts.

blockchain 123

blockchain Bitcoin Course Examples 123

PYMNTS

JUNE 8, 2016

Exceptions, Billentis stated, are still largely handled manually among businesses due to inaccurate data in B2B invoices — a problem that persists due to the limited capabilities of PDF documents and scan-and-capture tools to accurately identify and implement data. Government policy can demand invoice electronification.

America 100

America Taxes Tools National 100

PYMNTS

AUGUST 3, 2016

The business of cross-border domain name trading can be beset with compliance issues and confusing billing systems. Another priority was compliance, as the company had to be sure that it was trading appropriately. Compliance. company, it faced new compliance regulations, specifically OPEC sanctions.

Compliance 100

Compliance System Online Regulation 100

PYMNTS

MARCH 2, 2018

and India drove a surge in FinTech venture capital funding in 2017, and Accenture Financial Services Senior Managing Director Julian Skan pointed to the B2B business model as a significant presence in this trend. The company offers small businesses an easier way to navigate “red tape” and maintain regulatory compliance.

Fintech 118

Fintech Capital blockchain Lending 118

PYMNTS

JANUARY 14, 2019

In an interview with PYMNTs’ Karen Webster, Saqib Nazir, managing director of Africa at Emergent Technology delved into the ways the payments landscape across Africa is ripe for digital and mobile conduits, and a “cash light” mentality that focuses on the needs and desires of a burgeoning and youthful population.

Mobile 212

Mobile social media Taxes Technology 212

FICO

SEPTEMBER 14, 2017

Reduced communication results in lower compliance and an increase in downstream problems. Not only is automated communication less expensive, it requires less staff to manage, and enhances the citizen experience. This results in increased compliance and a decrease in inbound phone calls. Customer Service. Filing/Registration.

Taxes 61

Taxes Compliance US Analytics 61

Insights on Business

JULY 20, 2017

Open banking is often mentioned in relationship to compliance with regulatory standards, but in reality, the regulators are only catching up with what is happening in the market. By using their mobile phone, customers can capture information about a property, verify their identity, and sign documents. The data aggregator.

Fintech 181

Fintech Mobile Examples Data 181

Gonzobanker

MAY 14, 2018

Even safe deposit boxes might go away with digital documents,” he said. Banks should engage customers digitally and write about “helping customers with their taxes or something [valuable]… earning the right to promote.” 360View CRM was also back with a massive booth and entourage talking up its new product.

Branding 126

Branding Industry Apple Marketing 126

Jeff For Banks

NOVEMBER 24, 2019

billion in assets, had 87 full-time equivalent employees, and accounted for two-thirds of the town's tax revenue. Harassment included a bellicose management team, scowls from the townspeople, and threatening sidewalk art outside of the bank. The bank, First National Bank of Keystone, was $1.1 The blue-suits were not well-received.

National 78

National West Virginia Virginia Pennsylvania 78

Fintech Labs Insights

JANUARY 3, 2017

Starting in 2017 former Microsoft executive Jeremy Korst will be the man driving the message at tax compliance innovator and FinDEVr alum , Avalara. Previous to Microsoft, Korst served as vice president and general manager at T-Mobile, and senior product marketing manager at AT&T Wireless/Cingular.

Marketing 15

Marketing Seattle Taxes Pennsylvania 15

Fintech Labs Insights

SEPTEMBER 22, 2016

Avalara , an innovator in automated tax management for small businesses, raised $96 million in new funding from a group of investors including Warburg Pincus, Sageview Capital, and Technology Crossover Ventures this week. Avalara calculates $100 million in taxes daily, and remitted $14.4 billion in taxes in 2015.

Taxes 12

Taxes Seattle Compliance Capital 12

Fintech Labs Insights

DECEMBER 7, 2016

Fiserv launches Prologue Risk Manager to streamline and simplify compliance. RAGE Frameworks unveils LiveSpread , an AI solution to aid in processing of financial documents for credit analysis. The Beast Apps introduces comprehensive MiFID II compliance integration solution, Minotaur. Around the web.

Austin 12

Austin Compliance Risk Management Taxes 12

FICO

JANUARY 23, 2018

Over the last decade, state and federal tax agencies have increasingly adopted predictive analytics. By deploying mathematically-derived predictive models across historical data and current tax filings, they can segment taxpayers into different collection strategies and select some for audit. So what's the next step?

Taxes 51

Taxes Compliance Resources Examples 51

Fintech Labs Insights

AUGUST 8, 2016

Seattle-based Avalara unveiled a trio of enhancements to its compliance document management solution, CertCapture. The new features are designed to make it easier for SMEs to capture, manage, and analyze tax documents in real-time.

Compliance 12

Compliance San Francisco Management Taxes 12