PYMNTS

OCTOBER 3, 2019

Dama Financial, a financial services provider that collaborates with banks to provide services to the legal cannabis industry, is collaborating with Helix TCS on a B2B eCommerce platform for the marijuana sector. 2) that they will partner to create what they describe as the first digital wholesale marketplace for the cannabis industry.

Compliance 130

Compliance Industry California Taxes 130

PYMNTS

JANUARY 7, 2020

In other crypto news , cryptocurrency tax automation software TaxBit has raised $5 million in funding. TaxBit was founded by software developers, tax attorneys and CPAs to automate and simplify tax compliance for crypto users. ” TaxBit will use the funding to speed up customer growth, and make its products better.

Bitcoin 132

Bitcoin blockchain Taxes Austin 132

PYMNTS

NOVEMBER 19, 2019

The compliance burden of a legal marijuana business having to manage regulations that vary by state, and between the state and federal level, has created a banking conundrum for a market forced to rely heavily on cash. But the compliance challenges associated with this market are not easily (or quickly) addressed.

Company 109

Company Compliance Payments Taxes 109

PYMNTS

SEPTEMBER 17, 2020

Bad habits of saving important documents any old place, and assuming you and coworkers can easily find them later, rarely flies in industries where compliance is key.". It's also important for organizations within particular industries to understand their unique needs for data digitization and document storage.

Compliance 157

Compliance Taxes Industry Data 157

Abrigo

JULY 20, 2017

AAR is the global leader for online news, product and innovation information on risk, compliance, and trading. Electronic Tax Return Reader (ETRR). Stress Testing By automating business loan operations with the products listed, banks and credit unions are able to make good loans faster and minimize risk. Loan Administration.

Software 150

Software Report United States Compliance 150

PYMNTS

OCTOBER 8, 2019

That challenge is undoubtedly a major headache for the companies operating in this sector, which are often small businesses. The company is now collaborating with city and municipality officials to introduce a solution that enables industry companies to pay their taxes electronically, too. A Shifting Regulatory Landscape.

Compliance 114

Compliance Guidelines Industry Taxes 114

PYMNTS

SEPTEMBER 12, 2019

Financial services providers that slack on regulatory compliance and fail to safeguard their operations against money laundering, terrorist financing and other criminal activities may face damaged reputations and significant fines. Financial Companies’ Security And Regulatory Obligations .

Fraud 189

Fraud Fintech Compliance Regulation 189

PYMNTS

JUNE 1, 2020

EY said the transaction would bolster the ability of its teams to keep offering exporters and importers “operational efficiencies” via integration, automation and collaboration offerings that allow for the “seamless sharing” of data, according to an announcement.

United States 131

United States Training Management Taxes 131

PYMNTS

AUGUST 6, 2019

As a result, the state has also entered the troubled waters of cannabis banking, with legal players in the state’s marijuana industry struggling to access banking and financial services. MTrac added in its announcement that it aims to operate as an example for other states that have legalized marijuana for recreational and/or medical use.

Louisiana 135

Louisiana Payments Taxes Maine 135

Abrigo

FEBRUARY 23, 2023

Funding Managing through many issues Executive leaders of small community financial institutions face complex issues, considering the economic environment and ongoing industry and regulatory changes. For smaller banks, longer-term industry consolidation trends and competition are also eroding deposit market share. The result?

Community Bank 195

Community Bank Kansas City Community Lending 195

PYMNTS

AUGUST 30, 2019

Today in the payments news roundup, travel technology firm Amadeus is teaming with Visa’s CyberSource to bolster anti-fraud measures for the industry. Trending: Merchants Struggle With The (Un)Certainty Of eCommerce Sales Taxes. Amadeus Taps Visa’s CyberSource For SCA Compliance. Also, Netflix turned 22 on Thursday (Aug.

social media 101

social media Payments Fraud Taxes 101

PYMNTS

NOVEMBER 1, 2018

In the rare instance that a new market emerges, using the blueprints that other industries have created in supply chain management, logistics, procurement and other areas may seem like the easy path to take. The fact that marijuana remains illegal under federal law means industry players struggle to access banking services.

Taxes 122

Taxes California Regulation Innovation 122

PYMNTS

JUNE 15, 2020

Through his more than 30 years of experience in leadership roles in the banking and payments industries, Greg has demonstrated a track record of leading change, driving results and strengthening operational risk and compliance, and is well positioned to lead Green Dot Bank’s continued transformation,” Henry said, according to the release.

Leadership 167

Leadership Taxes Compliance Company 167

Abrigo

JUNE 30, 2017

While the Big 4 firms often receive the majority of coverage and attention in the accounting industry, they are far from representative of the average firm in the U.S. The recent Accounting Firm Operations and Technology Survey (AFOT), available as a PDF eBook at CPA Trendlines , produced by Randolph P. Whereas 77.7 Whereas 77.7

eBook 220

eBook Compliance Taxes United States 220

PYMNTS

APRIL 3, 2020

Accounts payable (AP) automation technology presents an obvious benefit to companies of all sizes and industries to boost efficiency and strategize vendor payments. ” From Onboarding to Compliance.

Taxes 131

Taxes Compliance Payments Data 131

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. The financial services industry is looking to the promise of artificial intelligence (AI) and the elastic scalability of the cloud. What Lies Ahead.

Big Data 148

Big Data Data Analytics Examples 148

PYMNTS

FEBRUARY 18, 2019

which the institution plans to deploy in its corporate payments operation. According to blockchain and cryptocurrency company BitRail , JPMorgan’s announcement was certainly a validating moment for the industry. BitRail doesn’t yet operate in the B2B payments space. “Adoption is like water,” he said.

cryptocurrency 175

cryptocurrency Payments blockchain Compliance 175

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

PYMNTS

OCTOBER 17, 2018

Legal use does not necessarily mean legitimate business, however, and this emerging and often-controversial industry may quickly encounter financial roadblocks, which credit unions (CUs) are uniquely suited to address. I think the credit union industry plays a very vital role in serving the underserved,” Sbrega said.

Colorado 126

Colorado Massachusetts US Industry 126

PYMNTS

OCTOBER 14, 2020

In addition, Voyager points out that it is licensed by FinCEN and FINTRAC and can also provide treasury desk clients with the tax and compliance reporting they need. But this trend toward crypto doesn’t stop there.

cryptocurrency 323

cryptocurrency Regulation Trends Bitcoin 323

PYMNTS

JANUARY 22, 2018

There are two key focuses for mid-market expense management tools, he said: infrastructure and regulatory compliance. But for the middle market, it might not make economic sense to charge on a per-user or per-report basis, and it’s left a gap in availability of solutions for this industry. “We are more than welcoming them.”

Management 116

Management Compliance Taxes Marketing 116

PYMNTS

APRIL 19, 2019

payroll processing company Payescape , said this area of the back office may have a larger influence on how accountants operate than some may believe. That’s particularly true when it comes to compliance and data security. However, Steven Jones, business development manager of U.K. In the U.K., In the U.K., ”

Innovation 154

Innovation Compliance Technology Resources 154

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. It can be nightmarish.".

Compliance 154

Compliance Data Trends Payments 154

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. Whatever the good intentions of these new mandates, any new compliance orders require resources, change management, and an understanding of the unintended risks that could arise.

Leadership 97

Leadership Compliance Strategy Branding 97

Abrigo

JULY 15, 2015

The transition from compliance to consulting makes sense: tax season is just that, a “season,” and nearly 60 percent of respondents to a Sageworks survey indicated they saw an increase in total revenue by adding financial services to their accounting practice.

Management 150

Management Resources Capital Taxes 150

PYMNTS

FEBRUARY 13, 2017

For merchants, conducting cross-border trade often means following another nation’s local rules around payment acceptance, compliance, taxes and physical requirements and a host of other factors that vary between borders. The political turmoil has a knock-on effect on our industry,” Bullock said. In 2015, a U.S.

Compliance 100

Compliance Taxes Regulation Operations 100

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. On Monday (Aug.

Regional 108

Regional Taxes System Guidelines 108

PYMNTS

AUGUST 5, 2019

That new industry is growing, and new services, including online ordering and delivery, are rising to meet consumer demands for legal pot. One of the toughest parts of Know Your Business (KYB) compliance is understanding that the bad guys mimic what the good guys already do. Onboarding Stage.

Company 163

Company Payments Fraud Meeting 163

PYMNTS

OCTOBER 31, 2016

B2B trade and spend management firm Tradeshift is not only expanding its operations in Australia, but it’s setting up new offices there. The company announced Friday (Oct. 28) that it will open offices in Sydney to focus on serving Australian and New Zealand businesses, banking on the region’s solid economy.

Regional 100

Regional Taxes Compliance Operations 100

Abrigo

MARCH 3, 2015

Offering advisory services like valuation engagements or calculations of value can also provide new options for tax accounting firms to spread work and revenue throughout the year so they can address challenges related to workload compression. But how can you approach existing accounting clients to offer your valuation services?

Taxes 150

Taxes Compliance Strategy Report 150

PYMNTS

JUNE 4, 2020

B2B payments are rife with frictions, including high processing costs, slow transaction times and industry players’ reluctance to embrace electronic payments in lieu of paper checks. B2B payments traditionally involved tedious manual bookkeeping and companies had to ensure they were deposited correctly and accounted for on their taxes.

Security 151

Security Fraud Payments Compliance 151

PYMNTS

DECEMBER 2, 2016

It’s certainly not the largest funding round the B2B FinTech industry has seen. Indeed, the last two weeks were dominated by small, early-stage investments staggered across a variety of industries, from T&E to alternative lending to B2B eCommerce. with an $18 million investment. Cash Flow Management. Numberz.in. LegalRaasta.

Fintech 100

Fintech Capital Lending Taxes 100

PYMNTS

MARCH 22, 2017

I think that is just a very cynical mixed messages to send out to the industry.”. Coley, Regulatory & Compliance Principal and Former Fed Bank Examiner Dante Tosetti and Green Bits CEO Ben Curren. They also pay their staff, pay their suppliers, pay their utility bills and pay their taxes. Higher Risk Than Necessary.

Payments 123

Payments Taxes Colorado District of Columbia 123

Independent Banker

DECEMBER 31, 2021

And as local economies continue to stabilize and many challenged industries bounce back, 2022 may be the year community bankers put the rubber to the road by revisiting goals and turning them into action items. Badger Bank is having trouble finding staff “across the board,” from operations to tellers and trust officers. “We

Community Bank 144

Community Bank Community Lending Louisiana 144

PYMNTS

JANUARY 17, 2019

It’s also about accounting for the industry in which a business operates, and what kind of back-end systems are already in place, even geographic location — all of which impact the way small businesses want to manage and pay their employees. ” In the U.S.,

Capital 173

Capital Tools Survey Management 173

PYMNTS

JULY 13, 2018

The current quarter included a 10-cent per share income tax expense. . Wayfair, which impacted how states may collect taxes on sales made by out-of-state sellers. . billion gain in commercial and industrial loans and a $321 million increase in lease financing loans. “Our per share, while earnings came in at 98 cents.

South Dakota 101

South Dakota San Francisco Indiana Wisconsin 101

PYMNTS

JUNE 10, 2020

Beyond the challenges of the pandemic that is forcing businesses to grapple with all manner of operating challenges, tax complexity has been building over the years on a global stage — and it’s only going to increase. The software industry is changing, too. We expect that number to continue to go up in the years to come.”.

Taxes 131

Taxes South Dakota Software Compliance 131