PYMNTS

JUNE 15, 2018

In Africa, the biggest private bank in Kenya, CBA, has cemented a partnership with a FinTech there, Ennovative Capital, a Kenyan firm that licenses software to boost payments speeds. The software firm, Sage, has had five of its accounting offerings focused on VAT, accredited by the UAE Federal Tax Authority. firm , PrimeRevenue.

Fintech 115

Fintech Compliance Software Taxes 115

PYMNTS

SEPTEMBER 8, 2020

Meanwhile, Visa has added crypto lender Cred to its roster of its FinTech Fast Track program, allowing for sped-up borrowing, payments and other such features, according to CoinDesk. And, Austrian software developer and compliance expert Blockpit acquired its biggest rival, a German firm called CryptoTax , according to a report from Tech.eu.

Bitcoin 141

Bitcoin Fintech cryptocurrency Software 141

PYMNTS

JULY 26, 2018

Finally, Sovos is augmenting its corporate tax compliance software offering with Tipalti’s tools. ” Sovos Global Vice President of Alliances Andrew Chi said the collaboration with Tipalti is part of its response to the digitization of government operations, including tax and compliance.

Technology 102

Technology Taxes Fintech Compliance 102

PYMNTS

SEPTEMBER 6, 2019

million was placed with B2B FinTechs this week. Also operating in India, supply chain financing FinTech Cashflo revealed $3.3 Yet another India B2B FinTech landed on the board this week with its $5 million Series A investment, reports in Business Standard said. Aspire Financial Technologies.

Fintech 155

Fintech Capital Lending Operations 155

PYMNTS

AUGUST 27, 2019

The Certified Personal Accountant (CPA) today now has a plethora of FinTech solutions they can use to manage their clients’ money, with the number of digital tools — including cloud accounting portals, cash flow forecasting solutions and intelligent technologies like artificial intelligence (AI) — continuing to rise. Changing CPA Roles.

Fintech 150

Fintech Online Management Cards 150

PYMNTS

JANUARY 7, 2020

China’s Guangdong province has launched a blockchain financing platform for small and medium-sized businesses, backed by OneConnect , a Chinese FinTech recently listed on the New York Stock Exchange, according to a press release. . In other crypto news , cryptocurrency tax automation software TaxBit has raised $5 million in funding.

Bitcoin 132

Bitcoin blockchain Taxes Austin 132

PYMNTS

SEPTEMBER 8, 2020

Meanwhile, Visa has added crypto lender Cred to its roster of its FinTech Fast Track program, allowing for sped-up borrowing, payments and other such features, according to CoinDesk. And, Austrian software developer and compliance expert Blockpit acquired its biggest rival, a German firm called CryptoTax , according to a report from Tech.eu.

Bitcoin 131

Bitcoin cryptocurrency Fintech Software 131

PYMNTS

MARCH 4, 2020

The ERP’s Role in a FinTech World. The boom in B2B FinTech has introduced a flurry of new solutions and platforms from which corporates and small businesses can choose. For example, he pointed to multinational corporates’ need for tax provisioning and transfer pricing solutions to promote efficiency and compliance across borders.

Data 260

Data Taxes Analytics Resources 260

CB Insights

NOVEMBER 21, 2019

Finally, looking at Canadian “fintech” (financial technology) specifically, funding was up substantially in the first half of the year. Canadian fintech companies raised $251M through the end of H1’19, nearly double the $133M raised in H1’18. The 2019 Canadian fintech market map. Navigating the Canadian fintech market map.

Fintech 93

Fintech Marketing US Technology 93

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. Total venture capital across the global FinTech market between 2010 and 2017 hit a combined $97.7 For markets like the U.K.,

Fintech 118

Fintech Capital blockchain Lending 118

PYMNTS

DECEMBER 18, 2018

. “The accounting profession is rapidly transitioning from compliance to trusted advisor ,” he said in a recent interview, “and these tools will allow them to develop foresight with the client, rather than reporting only on what has happened after the fact — hindsight.”

Management 134

Management Fintech Tools Technology 134

CB Insights

OCTOBER 21, 2018

CB Insights unveiled the second annual Fintech 250 — a list of 250 of the most promising private companies applying a mix of software and technology to transform the financial services industry. THE FINTECH 250 STORY. CB Insights clients can view the full Fintech 250 story by clicking the button below. Please click to enlarge.

Fintech 78

Fintech Lending Capital Analytics 78

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). “In retrospect, it was a big mistake. .

Capital 154

Capital Taxes Software Data 154

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. Europe is an epicenter for both regulatory shifts and FinTech innovation. Tax fraud is a massive threat of corporates.

Taxes 102

Taxes Fraud Compliance Regulation 102

PYMNTS

NOVEMBER 13, 2020

With nearly $90 million in new funding landing at B2B FinTechs this week, investors showed off a diverse range of focuses, from procure-to-pay to small business payments. Osome connects small and medium-sized businesses to a digital business assistant app to automate accounting, payroll and tax compliance workflows.

Capital 229

Capital Cards Fintech Payments 229

PYMNTS

DECEMBER 2, 2016

It’s certainly not the largest funding round the B2B FinTech industry has seen. According to its cofounder, Aditya Tulsian, incoming tax regulation changes, along with India’s recent demonetization, mean SMEs are going digital and will need to keep better track of funds. with an $18 million investment. B2B eCommerce.

Fintech 100

Fintech Capital Lending Taxes 100

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

OCTOBER 8, 2019

In a recent interview with PYMNTS, Henry explored the FinServ compliance conundrum for the cannabis industry, noting that the struggle to get banked has ramifications that spread from the POS up the supply chain — impacting dispensaries, manufacturers, logistics providers, subcontractors, growers and beyond. A Shifting Regulatory Landscape.

Compliance 114

Compliance Guidelines Industry Taxes 114

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. s digital tax initiative. “As Accounting software company Sage is acting on U.K.

Taxes 108

Taxes Software Data Compliance 108

PYMNTS

JULY 16, 2019

Xolo Go aims to accelerate freelancers’ ability to launch their business by connecting them to bank accounts, invoicing, expense management and payout functionality, while Xolo Leap supports the launch of EU-registered business with banking, accounting and tax compliance services.

Tools 100

Tools Compliance Taxes National 100

PYMNTS

AUGUST 20, 2019

In an interview with Webster, Amit weighed in on the tailwinds that have helped the FinTech surpass $8 billion in annual transactions across its global payables platform, which, among other features, helps firms manage payments across units located in other countries.

Management 127

Management Payments Taxes Software 127

PYMNTS

JULY 15, 2020

“As a reputable law firm, they would have investigated EMIF’s position and been satisfied as to matters such as EMIF’s beneficial ownership, compliance with money-laundering and terrorist financing laws, and the absence of tax and other fraud,” Cranston wrote, FT reported. Still, this is not the end of troubles for Wirecard.

Fraud 160

Fraud Taxes Groups Compliance 160

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

JANUARY 22, 2018

There are two key focuses for mid-market expense management tools, he said: infrastructure and regulatory compliance. ” Deleval noted that MobileXpense is working to collaborate with other FinTechs and payments companies, with a focus on capturing payment data from electronic transactions in real time.

Management 116

Management Compliance Taxes Marketing 116

PYMNTS

NOVEMBER 1, 2018

FinTech innovation is often a layered process, taking existing infrastructures and processes, and developing new tools to improve upon them. These markets have similar challenges to the legal marijuana sector: products that are regulated, expire and have unique needs in terms of compliance and shipping.

Taxes 122

Taxes California Regulation Innovation 122

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

APRIL 19, 2019

FinTech solutions — including those that have disrupted the payroll sphere — have automated key financial functions for small businesses, and, in many cases, have taken away the traditional workload of a small business accountant. That’s particularly true when it comes to compliance and data security. In the U.K., In the U.K.,

Innovation 154

Innovation Compliance Technology Resources 154

PYMNTS

JUNE 13, 2019

As noted in Retail Dive, the two companies said in a press release that Visa banking and FinTech partners will have the option to use Currencycloud’s cloud-based payments platform. Visa also said last week that it linked with Currencycloud to focus on cross-border and travel payments. Mastercard, Too. Separately, and beyond the U.S.,

Charlotte 189

Charlotte Payments Taxes Compliance 189

PYMNTS

SEPTEMBER 20, 2017

and not just because FinTech is reshaping the way employees get paid. According to researchers, employees have control over how their employers compensate them, and they should be diligent about their tax withholdings not only for compliance purposes, but to ensure they receive funds the way they want.

Taxes 100

Taxes Survey Compliance Regulation 100

PYMNTS

NOVEMBER 20, 2020

Gulati discussed what this trend means for the way that multi-entity SMBs manage a range of financial workflows across borders, and how technology can ease the biggest friction pain points like foreign exchange volatility and domestic compliance. Cross-Border Headaches.

Compliance 154

Compliance Data Trends Payments 154

PYMNTS

DECEMBER 11, 2019

As the open banking business model permeates into the B2B financial services market, FinTechs and traditional financial institutions continue to find new use cases for API integrations and connectivity to elevate the business-user experience. In the latest demonstration of FinTech-to-FinTech integration, U.K.

Fintech 132

Fintech Groups Data Strategy 132

PYMNTS

AUGUST 6, 2019

With government agencies working to combat tax evasion and fraud, eInvoice mandates mean a reduced risk of invoice fraud and greater visibility into trade and transactions. on the benefits of an eInvoicing mandate, noting that it would address the nation’s current tax challenges.

Regional 108

Regional Taxes System Guidelines 108

PYMNTS

JUNE 25, 2018

In advance of the upcoming webinar titled “RegTech: Transforming Compliance Through Enabling Technology,” Clayton Mitchell, principal of Crowe Horwath , stated that RegTech’s effectiveness can be limited by internal factors. At the same time, risk and compliance professionals still are inundated with manual tasks. Taking on more risk?

Risk Management 167

Risk Management Strategy Management Compliance 167

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 148

Big Data Data Analytics Examples 148

PYMNTS

NOVEMBER 2, 2018

The pairing allows businesses and their accountants to accelerate supplier payments while maintaining compliance with tax mandates and other regulations across borders.

Taxes 156

Taxes Resources Compliance Data 156

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

JUNE 4, 2020

B2B payments traditionally involved tedious manual bookkeeping and companies had to ensure they were deposited correctly and accounted for on their taxes. This compliance is especially important in cross-border payments as said laws can vary between sending and receiving countries.

Security 151

Security Fraud Payments Compliance 151