PYMNTS

JANUARY 22, 2018

There are two key focuses for mid-market expense management tools, he said: infrastructure and regulatory compliance. As corporates of all sizes continue on their digital transformation journey, Deleval noted that payments innovation has become an instrumental piece of the puzzle in addressing mid-market expense management.

Management 116

Management Compliance Taxes Marketing 116

Insights on Business

MARCH 18, 2019

Not just a limited scheme, between 2006 and 2013 it facilitated fake trade deals, reinsurance fraud, tax evasion, hidden investments, a fuel pricing fraud scheme at Sheremetyevo Airport—and much more. But perhaps twenty banks were involved – and many of the organizations involved as counterparties will have had compliance programs in place.

Taxes 156

Taxes Compliance Fraud Maine 156

PYMNTS

DECEMBER 28, 2018

Financial services regulations are notorious for their complexity and ever-changing demands for financial institutions and corporates, but another fuel for development in the KYC space was the FinTech community.

Compliance 186

Compliance Regulation blockchain Taxes 186

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. Technological Innovation.

Payments 127

Payments Compliance Taxes Technology 127

PYMNTS

MARCH 27, 2020

QR codes have enjoyed mounting adoption in the consumer payments landscape around the world in recent years as FinTech solutions embrace end-user efficiency and take advantage of smartphone penetration. QR codes [are] an excellent example of the innovation we will see on the back of Payments Initiation.

Payments 151

Payments Innovation Security Guidelines 151

Cisco

APRIL 26, 2022

Their goal is to move beyond tax-related services to deliver a holistic financial services platform to small businesses and their employees, inclusive of banking services. This momentum is also being fueled by growing adoption of cloud-native fintech solutions that are built on these capabilities.

Big Data 147

Big Data Data Analytics Examples 147

PYMNTS

JUNE 18, 2019

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. million in funding for its own payroll and tax services designed for large, multinational corporates that need to compensate staff in other markets.

Taxes 115

Taxes Resources Security Technology 115

PYMNTS

OCTOBER 10, 2018

Rarely does the wire transfer come into play as an exciting, innovative payment rail ready to disrupt cross-border B2B payments. The wire transfer, made popular by Western Union more than 150 years ago, may not seem to be the most innovative rail. counterparts are not available.

Fraud 116

Fraud Compliance Innovation Payments 116

PYMNTS

FEBRUARY 10, 2017

The city was ranked as a strong innovator by the latest edition of the Regional Innovation Scoreboard (RIS 2016). Just last month, Belgium and London formed a “FinTech bridge” to help enable a supportive link between startups in both jurisdictions. environment.

Capital 100

Capital Regional Innovation Fintech 100

Insights on Business

JULY 20, 2017

The emergence of financial technology (fintech) and the push of regulators for more competition are disaggregating and open this closed value chain. 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.

Fintech 181

Fintech Mobile Examples Data 181

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. The same innovations that power crypto-assets can also help us regulate them,” said Christine Lagarde in an IMF blog post Tuesday, according to CoinDesk reports.

blockchain 129

blockchain cryptocurrency Regulation Taxes 129

Gonzobanker

OCTOBER 26, 2021

Cornerstone Advisors estimates $145 billion of pre-tax revenue has disappeared for bankers via margin compression in only the past two years. On another front, you have digital disruption and fintech innovation, forcing bankers to step up their investments in transformation and more aggressively attack their existing business models.

Leadership 97

Leadership Compliance Strategy Branding 97

Gonzobanker

DECEMBER 17, 2021

A few years ago, very few people would have guessed that tens of billions of dollars would be invested in fintech vendors and solutions annually – except it happened. 2021 fintech investments, merger activities, and overall focus were off the charts. Best Fintech Acquisition by a Bank. Fintech Acquiring Bank.

Fintech 143

Fintech Strategy Leadership Lending 143

PYMNTS

JANUARY 9, 2019

It’s perhaps unsurprising, then, that small business accounting remains a top target of automation technologies, particularly as innovations like AI and robotics process automation (RPA) seep deeper into the field. These technologies have also heightened anxieties about the potential for technology to replace human talent outright. .”

Taxes 179

Taxes Technology Tools Industry 179

Insights on Business

MARCH 25, 2019

While most compliance professionals focus on ensuring underlying risks aren’t missed, financial services organizations must also look for ways to continuously expand their business in a responsible way. Understanding that having the right information readily available is the first step in managing compliance risk.

Compliance 98

Compliance Taxes United States Data 98

Insights on Business

JANUARY 21, 2020

This makes sense, as two of the legitimate uses of shell companies are the ability to shield owners from litigation and as a vehicle for tax avoidance (not evasion). Besides reducing tax burdens, shell structures are a great mechanism for hiding money laundering and funds from organized crime activities as well.

Company 103

Company Taxes Data Management 103

Insights on Business

JANUARY 21, 2020

This makes sense, as two of the legitimate uses of shell companies are the ability to shield owners from litigation and as a vehicle for tax avoidance (not evasion). Besides reducing tax burdens, shell structures are a great mechanism for hiding money laundering and funds from organized crime activities as well.

Company 91

Company Taxes Data Management 91

PYMNTS

OCTOBER 17, 2016

From spend data analytics to cybersecurity detection, innovative tools in FinTech enable companies to gain visibility into the performance of their business. Technology has the power to help a business rise up from the competition. Small businesses, too, have an appetite for technology.

Technology 100

Technology Analytics Survey Data 100

PYMNTS

AUGUST 3, 2018

For much of the world, electronic invoicing is taking off — not only for the benefits it offers, like enhanced cash flow visibility, but largely because jurisdictions are implementing eInvoicing regulatory requirements to crack down on tax evasion. Europe and Australia, too, have eInvoicing mandates in place.

Regulation 101

Regulation Data America Payments 101

Independent Banker

DECEMBER 31, 2021

For example, we don’t do mortgage lending right now, because we don’t have the compliance expertise and staff knowledge,” Silveria says. will continue to work with fintechs, says president and CEO Steve Dehnert. Planning for increased compliance costs. Badger Bank in Fort Atkinson, Wis., Ponce Bank in Bronx, N.Y.,

Community Bank 144

Community Bank Community Lending Louisiana 144

Fintech Labs Insights

OCTOBER 30, 2016

Deloitte recently asked what we should make of “regtech” in a new report titled, “RegTech is the new FinTech: How agile regulatory technology is helping firms better understand and manage their risks.” Compared to “insurtech” – regtech firms have been prominent players in the fintech firmament for years. ” Indeed.

blockchain 12

blockchain Trends Fintech social media 12

PYMNTS

FEBRUARY 25, 2020

Business-facing FinTechs have trailed behind innovation-targeting consumers – so looking back a decade ago, at the mere early rumbles of an eventual FinTech boom, it’s perhaps unsurprising that B2B FinTech was hardly a blip on the radar. Finding the Sweet Spots.

Compliance 184

Compliance Taxes Fintech Resources 184

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. . A partnership aimed at helping banks, payment providers and fintechs meet the ever stronger regulatory demands while reducing effort and expense. .

Compliance 81

Compliance Technology Fraud Analytics 81

CB Insights

FEBRUARY 13, 2020

These APIs handle everything from acceptance and processing to settlement and reconciliation, while ensuring compliance and security. In an interview at CB Insights’ 2019 Future of Fintech conference, CFO and CPO William Gaybrick indicated that businesses are more constrained by developer resources than by capital. TABLE OF CONTENTS.

Online 98

Online Company Retail Payments 98

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. In August, Avalara added a set of enhancements to its CertCapture management solution for compliance documents.

Marketing 15

Marketing Seattle Taxes Pennsylvania 15

PYMNTS

SEPTEMBER 16, 2019

Experts may agree that small business owners have more choice than ever before when it comes to adoption of FinTech — thanks in part to a surge in innovation, as well as lowered costs of adoption — but they also warn that just because entrepreneurs can adopt new tools doesn’t necessarily mean they are. Finding A Strategy.

Fintech 134

Fintech Fraud Tools Technology 134

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

Lex Sokolin

MAY 13, 2019

The public markets are full of compliance costs, cash-flow oriented hedge fund managers, and passive index manufacturers?—?not The Real Innovation behind the Value A second issue worth considering is the role of Uber in the smartphone. not an environment for an Elon Musk-type to do their best work. This is no small feat!

San Francisco 40

San Francisco Software Trends Google 40

Lex Sokolin

MAY 13, 2019

The public markets are full of compliance costs, cash-flow oriented hedge fund managers, and passive index manufacturers?—?not The Real Innovation behind the Value A second issue worth considering is the role of Uber in the smartphone. not an environment for an Elon Musk-type to do their best work. This is no small feat!

San Francisco 40

San Francisco Software Trends Google 40

Fintech Labs Insights

JULY 23, 2015

Avalara and ePages partner to provide cross-border transaction tax compliance solution. Der Finanzprodukt Blog profiles social payments innovator, Fastacash. FusionInvest from Misys wins “Best buy-side pricing and market display” at Systems in the City Awards. See Avalara at FinDEVr 2015 in October.

Taxes 12

Taxes Compliance Innovation System 12

FICO

MARCH 5, 2019

I agree with Mike Cutter at Equifax, that innovation holds the key to the path beyond the Royal Commission. I will revisit each of these themes in more detail in future posts and what innovations exist to address them. The post Banking Royal Commission An Opportunity For Digital Innovation appeared first on FICO.

Innovation 58

Innovation Lending Regulation Industry 58

Bank Innovation

MAY 9, 2017

Much of the conversation at the minute oscillates between incumbents’ ability to deploy them effectively and what it means for the fintech world as product manufacturers. Open finance is a story about innovation through interoperability and interoperability has become a major industrial force in modern economics.

Data 191

Data Trends Industry Examples 191

PYMNTS

MAY 14, 2018

Financial institutions (FIs) that service the industry, she recently told PYMNTS, “don’t have the compliance people, processes or automated tools in place to meet the required guidelines — and are unknowingly putting their clients at risk.”. According to Lang, traditional FIs cannot meet this regulatory compliance and reporting need.

Compliance 130

Compliance Guidelines Industry Taxes 130

PYMNTS

SEPTEMBER 4, 2018

Payroll is a popular target for FinTech innovators looking to add automation, data analytics and other technologies into the process for more accurate, faster, digital payroll. One of the largest points of friction, he said, is tax compliance. “A

Tools 100

Tools Taxes Software Management 100

PYMNTS

MAY 22, 2017

Sure, digital invoices aren’t the most riveting of topics — but don’t be fooled: they’re at the center of B2B FinTech innovation, critical to a company’s bottom line. One of the most prominent conversations at the table is eInvoicing compliance. The discussion on eInvoicing is changing.

Compliance 104

Compliance Regulation Strategy Regional 104

PYMNTS

SEPTEMBER 4, 2018

What’s more, how can a business feel confident in embracing a new technology when the next generation of an innovation could be just around the corner? How does one know when to leap into a new technology without getting hit with issues like implementation problems, technical challenges and the threat of a wasted investment?

Regulation 175

Regulation Data Technology Software 175

Fintech Labs Insights

OCTOBER 3, 2016

Honored as the Innovation Showcase Award winner by the attendees of the BAI Retail Delivery conference. Named by Self Lender as 1 of 3 startups who is “absolutely crushing it” in fintech. Earned spot on first Forbes Fintech 50. Added to its Compliance Document Management Solution, CertCapture. CTO PJ Gupta.

San Francisco 18

San Francisco Taxes Lending Colorado 18