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

DECEMBER 2, 2019

million tax-exempt groups active in the U.S., These organizations need to demonstrate to donors and community members that donations were spent appropriately to retain tax-exempt statuses and encourage future donations. . There are approximately 1.56 The agency found these nonprofits generated $2.5 trillion in revenues and $2.4

Management 141

Management Taxes Groups Regulation 141

Abrigo

MARCH 24, 2023

Do you offer services to those without a Tax ID Number (TIN)? In that case, this could indicate a need for a strong culture of compliance, which will ultimately lead to further increased risk. A designated officer should be appointed and approved by the board of directors as responsible for AML/CFT and OFAC compliance.

Fraud 195

Fraud Compliance Examples Analysis 195

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. Additionally, reports on Monday (Aug.

Regional 108

Regional Taxes System Guidelines 108

Abrigo

DECEMBER 7, 2021

Do you offer services to those without a Tax ID Number (TIN)? In that case, this could indicate a lack of a strong culture of compliance, which will ultimately lead to further increased risk. A designated officer should be appointed and approved by the board of directors as responsible for BSA/AML and OFAC compliance.

How To 195

How To Fraud Analysis Compliance 195

PYMNTS

OCTOBER 17, 2018

This is a taxed business, yet the Department of Revenue and the IRS don’t accept cash,” Sbrega said, describingone of the tax, regulatory and compliance-relatedroadblocks these businesses face. GFA will also follow compliance guidelines and take steps to ensure it only engages with legitimate retailers. “We

Colorado 126

Colorado Massachusetts US Industry 126

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. Fraud prevention also requires adherence to regulatory guidelines to ensure B2B payments are not violating laws in the jurisdictions in which their customers transact.

Security 151

Security Fraud Payments Compliance 151

PYMNTS

MARCH 27, 2020

TrueLayer, which offers open banking application programming interfaces (APIs), recently announced an expanded partnership with ANNA Money , a provider of mobile-friendly business account, card and tax management services to small businesses. A B2B Opportunity.

Payments 151

Payments Innovation Security Guidelines 151

PYMNTS

NOVEMBER 26, 2019

Businesses depend on the public services tax revenues pay for: roads that facilitate deliveries, courts where firms resolve legal disputes and regulators that help protect businesses from fraud. Even businesses eager to pay their share, however, may feel that complying with tax laws is complicated. . SSUTA’s Role in South Dakota v.

Taxes 141

Taxes South Dakota District of Columbia Compliance 141

PYMNTS

MAY 12, 2017

Meanwhile, Currencycloud draws transaction data to run anti-money laundering and other compliance checks. Operating and making payments in an increasingly globalized world can often mean keeping up with the ever-changing compliance and regulatory guidelines of different international markets.

Payments 109

Payments Compliance Guidelines Comparison 109

CB Insights

OCTOBER 21, 2018

Regulatory & Compliance. Canopy Tax. Regulatory & Compliance. Regulatory & Compliance. Regulatory & Compliance. Regulatory & Compliance. Regulatory & Compliance. Regulatory & Compliance. Regulatory & Compliance. Regulatory & Compliance.

Fintech 78

Fintech Lending Capital Analytics 78

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

NOVEMBER 16, 2018

states (and the District of Columbia) where marijuana has been legalized for sale in some capacity, it has thrown off a fairly large chunk of tax revenue in the last year. billion in taxes from legal cannabis companies last year, an amount of money that is undoubtedly a sizzle for the federal coffers. million.

Taxes 177

Taxes Payments District of Columbia Alabama 177

Independent Banker

FEBRUARY 16, 2015

Because community institutions do not have large compliance departments like Wall Street institutions, this legislation provides commonsense measures to lessen the load on our local banks.”. Further modernize the Federal Reserve’s capital guidelines to make it easier for community banks to raise capital and issue debt.

Community Bank 70

Community Bank Alabama Ohio Community 70

Abrigo

DECEMBER 17, 2014

Demand for valuation services is growing, according to a recent AICPA survey , with increased opportunities expected in shareholder/partner disputes, contractual disputes, family law, and gift and estate taxes, among other areas. This improves consistency and quality control as you perform valuations in compliance with AICPA guidelines.

Analysis 207

Analysis Compliance Survey Guidelines 207

FICO

AUGUST 6, 2018

Expenses Abuse Gets Media and Tax Payers In A Froth. Recent news articles out of Ohio ( $4 beer dings Butler County Visitors Bureau in state audit ) highlights the reputational risks that can impact an organization when it fails to monitor spending for non-compliance or expenses abuse. Ongoing new manual review procedures.

Analytics 45

Analytics Guidelines Policies Taxes 45

PYMNTS

JANUARY 27, 2017

amid compliance initiatives, he continued, there is usually collaboration across the U.S. But there are no hard and fast guidelines in the U.S. And in the U.S., government and firms that are being regulated. The lure of blockchain, said Madhu, is that disparate types of information can be tracked and can be stored in an immutable way.

blockchain 100

blockchain Security Guidelines Fraud 100

FICO

DECEMBER 9, 2019

At the same time, reputational risk for the creditor will go up if those countries that are not governed by best practice debt collection guidelines return to poor debt management practices. If Brexit goes through, there will be a lot of economic stress, and any tax cuts for homeowners would likely be overtaken by rises in interest rates.

Analytics 52

Analytics Regional Strategy Regulation 52

PYMNTS

APRIL 17, 2018

Our unbanked customers use our system to calculate payroll and taxes — and then they have to remit in cash. We can process payroll and taxes for our banked clients.”. They need to run compliance. There is a whole lot of compliance that goes into being able to bank one of these customers. A lot of them do facility checks.

Regulation 101

Regulation Taxes Compliance United States 101

Abrigo

FEBRUARY 24, 2020

Compliance and anti-money laundering (AML) is going green… or is it? In December, the United States Government Accountability Office released a report to Congress that addressed compliance challenges associated with money transmitter accounts.

Illinois 195

Illinois Regulation United States California 195