PYMNTS

MAY 20, 2019

Czech Prime Minister Andrej Babis has proposed a national development fund to help invest in social issues, digitization of the economy, education and transportation, according to a report by Reuters. million) to put into the fund.

National 108

National Capital Compliance Financial Technology 108

PYMNTS

OCTOBER 7, 2019

Meanwhile, payment service providers (PSPs) are scrambling to find ways to authenticate these customers without adding friction to online transactions. It is still a matter of debate on what exemptions, innovations and changes can be left up to national authorities — and what cannot.

Regulation 134

Regulation Trends Compliance National 134

PYMNTS

JUNE 5, 2020

Citi provides digital onboarding to corporate clients in 42 nations and foresees growing to 50 nations by the close of this year. But the corporate side requires more rigorous know-your-customer checks for compliance, including who owns the company and how much they own.”.

Report 132

Report Online National Taxes 132

PYMNTS

OCTOBER 28, 2019

Wayfair case that allowed states and individual cities to launch tax policies aimed at remote sellers and marketplaces is still reverberating in 2019 and will likely affect online retail in 2020. In Q3 2019, 14 states started collected online sales tax and 11 more followed in October. eBay Makes a Deal.

Taxes 102

Taxes Online San Jose South Carolina 102

PYMNTS

FEBRUARY 4, 2020

The decision opened the floodgates to legalized sports betting – both in-person and online – in the U.S. All in, counting online and in-person wagers, Super Bowl betting was worth roughly $6.8 In a microcosm of the national expansion, New Hampshire’s newly online sports gambling program raked in $2.31

Online 134

Online New Hampshire Rhode Island District of Columbia 134

PYMNTS

JANUARY 19, 2021

With more financial institutions (FIs) turning to external third-party FinTechs to strengthen their small- to medium-sized business (SMB) and corporate offerings, the collaboration model is proliferating across national borders. National Australia Bank Chooses Eedenbull. BNL Goes Live With Tink. ICICI Adds AlignBooks Technology.

Fintech 341

Fintech National Groups Tools 341

PYMNTS

APRIL 8, 2019

Australian financial regulators are feeling pressure to ensure financial institutions treat customers properly and have turned to artificial intelligence (AI) in an attempt to improve compliance, according to a report by the Financial Times. The trend is starting to appear nationally.

Compliance 108

Compliance Regulation Industry National 108

Bank Innovation

MARCH 30, 2018

bank said it will be switching off access to 24 million customers as the bank restructures itself as required by national regulation. Barclays customers across Europe will not be able to use their mobile banking app this weekend. The major U.K. These changes were established by the Bank of England in 2011, and is referred […].

Online 220

Online National Regulation Mobile 220

PYMNTS

AUGUST 24, 2020

The services are not currently registered as distinct entities, although they are provided to users in the nation. The news comes as a new Indian equalization measure came into existence in 2020 that puts a 2 percent tax on every digital transaction that foreign online shopping firms conduct.

social media 152

social media Data Apple Compliance 152

PYMNTS

JANUARY 25, 2021

A representative for the eCommerce retailer told Reuters that the company calls for an international approach in lieu of taxes levied by different nations. The move comes because of a “neighboring right” for news that was made national law after a pan-EU copyright reform in 2019. 21, according to the report. .

Taxes 141

Taxes Google Compliance Apple 141

PYMNTS

FEBRUARY 25, 2020

China is looking to keep up with consumers, financial institutions (FIs) and merchants that send funds and information through online channels, and several of the country’s related regulations resemble those from regions where such transactions are now commonplace. Confronting Chinese Compliance . and the U.S.

Regulation 140

Regulation Compliance Online Data 140

PYMNTS

JULY 3, 2018

As startups such as DadeSystems , FitPay and Jewel Paymentech expand across devices and functions, Tipalti , AvidXchange and Emailage announce new growth for their local, national and global footprints. Activity in the online gambling space has been heating up, especially since the World Cup began. Chargehound. Jewel Paymentech.

National 101

National Charlotte Regional Operations 101

PYMNTS

NOVEMBER 13, 2020

12) earnings call, Martin Lau, Tencent president, told analysts that the proposed new laws will not overly affect its online entertainment and gaming business. We’ll work very constructively with the regulators to ensure our compliance,” Lau said, according to a Wall Street Journal report. . On a Thursday (Nov.

Regulation 227

Regulation social media Video Groups 227

PYMNTS

MARCH 17, 2020

As more firms worldwide push for workers to hunker down from home in order to fend off the spread of the coronavirus , people are advised to be vigilant of online fraudsters, according to Compliance Week. Compliance Week reported that U.S. Attorney General William Barr wrote in a Monday internal memo to all U.S.

Company 130

Company US Compliance Study 130

PYMNTS

DECEMBER 26, 2019

This month’s Next-Gen Sales Tax Tracker examines these compliance complexities and their impact, as well as ongoing efforts to streamline how retailers can fulfill their obligations. Easing tax compliance helps governments and retailers alike. National Retailers On Staying Compliant When Tax Exemptions Are Only Statewid e.

Taxes 130

Taxes South Carolina Compliance Alaska 130

PYMNTS

DECEMBER 7, 2020

Millions of people share creative content or advertise their small business’ goods online,” the British government said in a press release. The levy would take the place of the current “honor system” through which residents are supposed to provide their fair portion of local and federal taxes on any merchandise or service they buy online.

Apple 143

Apple Regulation Taxes Marketing 143

PYMNTS

SEPTEMBER 20, 2020

If the European Union (EU) gets its way, the 27-nation bloc will have the power to split or force the sale of giant technology companies that threaten smaller rivals and their customers. Violators would be assessed penalties for non-compliance. But at least one EU official expressed concern that Brussels must strike the right balance.

Compliance 175

Compliance Regulation System Taxes 175

PYMNTS

DECEMBER 13, 2018

Many members first engage with their CU through its website or other online portal. In recent weeks, some CUs have stepped up efforts to make their online offerings more accessible to disabled users. AML Compliance Turns CUs Into Law Enforcement. CUs must regularly engage with more than their members.

Regulation 135

Regulation South Dakota ATM New York City 135

PYMNTS

JUNE 19, 2020

A payments orchestration layer can serve as an intermediary between a merchant and its various PSPs while extending services that support payments analysis, regulatory compliance, cybersecurity, anti-fraud protection and more. There are ways to effectively manage these logistical issues, however. Around The Payments Orchestration Ecosystem.

Payments 188

Payments Compliance Resources Fraud 188

PYMNTS

NOVEMBER 3, 2017

The legislation requires the Department of Commerce’s National Institute of Standards and Technology (NIST) to lay out a framework small businesses can voluntarily follow to protect employee and customer data. Meanwhile, the House of Representatives passed a bill last month providing cybersecurity guidance to U.S.-based based SMBs.

Data 108

Data Compliance Security Regulation 108

Perficient

MAY 27, 2022

The SEC provided this guidance in its Report of Investigation pursuant to Section 21(a) of the Securities Exchange Act of 1934, in which the SEC reported on its investigation of a 2016 offering of digital tokens sold by The DAO, an unincorporated online organization (the “SEC Report”).

cryptocurrency 332

cryptocurrency Regulation Management Bitcoin 332

Bank Innovation

FEBRUARY 18, 2019

Alliant Credit Union, one of the nation’s largest CUs, is fully digitalizing its end-to-end member application and loan process by yearend, moving closer to becoming the nation's first digital-only credit union.

Chicago 170

Chicago National Online Compliance 170

PYMNTS

JULY 28, 2020

Many shoppers who make purchases online rely on eCommerce marketplaces to discover items and connect with trusted sellers. This month’s Deep Dive examines how eCommerce platforms can appeal to merchants worldwide by catering to sellers’ preferences and tailoring their compliance approaches to different locations. .

Marketing 159

Marketing Regulation National Operations 159

PYMNTS

JULY 7, 2020

The Southeast Asian country’s national tax office announced it will impose a 10 percent value-added tax (VAT) on foreign global technology companies as the nation looks for ways to defray the costs of battling the economic effects of the COVID-19 pandemic, Reuters reported.

Taxes 141

Taxes Google Seattle National 141

American Banker

MARCH 3, 2021

In remarks at CUNA’s online Governmental Affairs Conference, the chairman of the National Credit Union Administration called for the creation of new initiatives around compliance for fair credit reporting and truth in lending.

Conference 50

Conference Compliance Lending National 50

PYMNTS

MARCH 5, 2019

In addition, HMRC implemented a £68,595 fine for online estate agency Tepilo , which shut down in December. Criminals who seek to use this country as a place to launder money should be in no doubt that they have nowhere to hide,” said Ben Wallace, minister for national security and economic crime. million over 2017 to 2018.

Compliance 134

Compliance Training Taxes National 134

PYMNTS

OCTOBER 13, 2020

Across the globe, terrorists and criminals are leveraging cryptos in what is gearing up to be a significant national security threat to the United States. That’s according to the U.S. and international sanctions, and decrease America’s influence in the global marketplace. As recently noted by PYMNTS , Kenneth A.

cryptocurrency 206

cryptocurrency United States social media Regulation 206

CFPB Monitor

JANUARY 12, 2017

Early this morning, the CFPB released the findings of its national debt collection consumer survey. The press release announcing the survey also includes links to “ consumer debt collection stories ” and a new white paper on online debt sales. Stefanie Jackman and Daniel L. That is no coincidence.

Survey 60

Survey National Leadership Compliance 60

Abrigo

NOVEMBER 17, 2023

As overseers tighten the leash with stringent regulations aimed at protecting consumers, the cost of compliance grows. This is the first-time fraud has been addressed at a high level as part of AML compliance, but it makes sense. FinCEN states, fraud is believed to represent the largest share of illicit proceeds in the United States.

Fraud 195

Fraud Training Trends Compliance 195

PYMNTS

DECEMBER 11, 2020

As the new Digital Identity Tracker® states, “about 40 million bank customers in Thailand are expected to register for digital identity authentication under the country’s National Digital ID (NDID) program, which was recently expanded to more financial service providers.

Video 204

Video Security National Digital Banking 204

PYMNTS

DECEMBER 11, 2020

Peter Hazlehurst, CEO of Synctera, tells Karen Webster that Synctera is a next-gen banking-services platform that facilitates FinTech scale by enabling banks to leverage their current compliance and account-servicing capabilities in new ways. Report: Millennials, Buy Now Pay Later And The Shifting Dynamics Of Online Credit.

Trends 175

Trends Fraud Millennials Community Bank 175

PYMNTS

JUNE 18, 2020

The London-based trade group for Europe’s ePayments community is waiting for the European Banking Authority , the European Union (EU) banking regulator, to provide the 27-nation bloc with an update on Strong Customer Authentication (SCA). But this has not been true for online transactions.

Groups 131

Groups Regulation Fraud Security 131

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. Our aim is to cut that down to near-zero.

Tools 100

Tools Compliance Taxes National 100

PYMNTS

NOVEMBER 7, 2019

the Supreme Court ruled that online retailers could be mandated to pay sales tax — and taxes can be levied by states on firms that do not have a physical presence in those states. When tax authorities do train their sights on new sources of tax revenue, they are likely to focus more on online marketplaces. Wayfair, Inc. ,

Taxes 100

Taxes South Dakota Online Compliance 100

PYMNTS

DECEMBER 8, 2020

Plus, online lending startup SoFi is looking to go public through a SPAC. economic slowdown fueled by the COVID-19 pandemic is likely to continue into 2021 but could start bouncing back by mid-year as the population gets vaccinated, according to a December survey from the National Association for Business Economics (NABE).

San Francisco 130

San Francisco Community Bank Video Capital 130

PYMNTS

SEPTEMBER 30, 2020

Consumers and businesses have been moving online in recent years, and regulators from the European Union to the Middle East and North Africa (MENA) region have worked to keep up with this migration. Consumers’ changing views are prompting MENA financial authorities to reexamine how their present regulations handle online privacy.

Regulation 175

Regulation Data Regional Examples 175

PYMNTS

SEPTEMBER 18, 2018

The nation is forming a Direct FAST industry group, where the members will include traditional financial institutions (FIs), FinTech firms and the Monetary Authority of Singapore (MAS). The movement to open that FinTech access, said the minister, brings “greater convenience to consumers” as those individuals use their eWallets.

Fintech 166

Fintech New York US National 166