PYMNTS

AUGUST 6, 2019

Latin America is often considered to be the world leader in electronic invoicing thanks to government mandates, but the Asia Pacific region is quickly gaining steam in its eInvoicing efforts, too. 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

FICO

MAY 25, 2017

million digital records exposed the dark deeds of dirty money and tax evasion and burst the bubble of pretense that the world is effective at dealing with corruption. One in five banks in Asia Pacific say that they expect tax evasion to increase 100 to 500 percent over last year’s levels according to a recent poll by FICO.

Taxes 40

Taxes Survey Compliance Regional 40

Abrigo

SEPTEMBER 10, 2021

financial system enhanced the criticality of detecting and reporting financial crime, including the financing of terrorist acts against our country. . The 9/11 Commission Report mandated by Congress after the attacks exposed this misconception, proving that the financing of the terrorists did flow through the U.S. Before 9/11.

Training 195

Training Risk Management Pennsylvania Resources 195

PYMNTS

OCTOBER 4, 2017

In a press release, Trulioo said the tool can help verify if a business is real in order to enable companies to detect cybercrime, fraud and other criminal activity, like tax evasion or money laundering.

Tools 116

Tools Company Fraud Compliance 116

PYMNTS

MAY 23, 2017

Perhaps even more surprising, TMF’s report found, there is more at play to this trend than U.S. TMF released its report “ Venture Further — What drives international expansion and investment by U.S. Written in conjunction with Forbes, the report, which surveyed C-Suite executives from U.S. businesses?”

US 100

US Compliance Taxes Trends 100

FICO

DECEMBER 21, 2016

That means 2017 should be a risky year from a compliance standpoint. Firms should be investing in new sources of data and data aggregation tools to help improve KYC compliance, onboarding, and customer risk profile monitoring.". Today, it’s really only Tier 1 banks that use analytics in AML, KYC and tax compliance areas.

Compliance 40

Compliance Analytics Taxes Groups 40

PYMNTS

SEPTEMBER 6, 2019

Challenger bank Yelo, operating in India, raised an undisclosed sum from Matrix Partners India, Omidyar Network, Flourish VC and Better Capital, Inc 42 reports said this week. Yelo also plans to expand its team and invest in product development and sales, reports said. million in the firm to support that endeavor.

Fintech 155

Fintech Capital Lending Operations 155

Abrigo

NOVEMBER 28, 2014

How many times have you had to refer a client out to another financial services firm because your firm is too busy putting out fires with tax and audit work to provide business analytics or other advisory services ? “So they hope the clients will come back after they pass them off to a valuation firm.”

Taxes 191

Taxes Survey Technology Comparison 191

Abrigo

JANUARY 14, 2015

Valuation work lacks as much repeat business (unless it’s tied to a recurring engagement like employee stock ownership plans) as tax preparation and other traditional accounting services, according to the Journal of Accountancy ’s review of the study. The emphasis on business development is understandable.

Study 150

Study Compliance Report Data 150

PYMNTS

DECEMBER 8, 2016

Not so for other parts of the world: Government mandates are looking to reduce corruption and fraud and enhance reporting capabilities through eInvoicing requirements. In Europe, analysts at the Organization for Economic Cooperation and Development found that eInvoice mandates are helping Europe to promote tax compliance and detect fraud.

Compliance 100

Compliance Regulation Taxes Fraud 100

PYMNTS

MAY 15, 2017

Payments stocks showed similar movement on both the positive and negative sides of the portfolio in terms of performance, with some outsized gains and losses on heels, as has been seen in recent weeks, of earnings reports. Compliance revenue, the company said, was at record highs. The Street had expected $13.5

Payments 100

Payments ATM Taxes Regional 100

Abrigo

MARCH 12, 2015

By Erik Lively, Regional Valuation Consultant, Sageworks. Considerations related to how easy or difficult it is to integrate the data into a valuation report are also important. Consider whether industry data used in valuations can be segmented by revenue size and geographic regions. Is it accurate? Is it relevant?

Industry 150

Industry Data Tulsa Analysis 150

Abrigo

MARCH 12, 2015

By Erik Lively, Regional Valuation Consultant, Sageworks. Considerations related to how easy or difficult it is to integrate the data into a valuation report are also important. Consider whether industry data used in valuations can be segmented by revenue size and geographic regions. Is it accurate? Is it relevant?

Industry 150

Industry Data Tulsa Analysis 150

FICO

FEBRUARY 27, 2019

Recent Asian money laundering scandals continue to shake up the financial world, and the ripple effect is still keenly felt across the region. Respondents had a difference of opinion on the most effective way to increase money laundering compliance. Financial Crime Compliance Predictions 2019: Stop the Scandals! McConaghy added.

Compliance 45

Compliance Regional Survey Analytics 45

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. He noted that Worldpay’s 2016 Global Payments Report anticipates the global eCommerce market will grow by 10.4

Compliance 100

Compliance Taxes Regulation Operations 100

Abrigo

AUGUST 19, 2020

As with any global or regional disaster, illicit actors are taking advantage of the increased pool of possible victims. Advisories from the Financial Crimes Enforcement Network (FinCEN) and other federal and state agencies address the increase in the number of reported fraud cases tied to the pandemic.

Fraud 195

Fraud System Trends Software 195

Abrigo

AUGUST 19, 2020

As with any global or regional disaster, illicit actors are taking advantage of the increased pool of possible victims. Advisories from the Financial Crimes Enforcement Network (FinCEN) and other federal and state agencies address the increase in the number of reported fraud cases tied to the pandemic.

Fraud 195

Fraud System Trends Software 195

PYMNTS

DECEMBER 11, 2019

Yet a new report from Intuit Quickbooks suggests many small to medium-sized businesses (SMBs) may not even be aware of this banking revolution. Recent reports in Accountancy Age said SMBs are largely unaware of open banking, with Intuit Quickbooks finding in a survey of U.K. Eika Group, EedenBull Team for Banks.

Fintech 132

Fintech Groups Data Strategy 132

Fintech Labs Insights

JUNE 29, 2016

Client Lifecycle Management solution provider Fenergo is boosting the capabilities of its Tax Compliance suite. The enhanced version of the company’s CRS Compliance Solution is geared toward improving tax regulation compliance through improvements to the Three Rs: Rules, Remediation, and Reporting.

Compliance 15

Compliance Taxes Management Regulation 15

PYMNTS

OCTOBER 19, 2016

A new report by Deutsche Bank and the Economist Intelligence Unit (EIU) explored how financial managers are handling the changing winds of the economy and found that macroeconomic conditions are now top of mind as treasurers fight to grow their businesses.

Survey 100

Survey Regulation Strategy Management 100

FICO

OCTOBER 26, 2017

This article is from Michael Blicker , a senior consultant in FICO's compliance solutions group. You would think one system would be enough to manage foreign tax compliance. Now, with CRS** (Common Reporting Standard), some financial institutions are starting to think they need two systems. Life did not get easier.

Taxes 53

Taxes Compliance Report US 53

PYMNTS

OCTOBER 22, 2018

And New England isn’t the only place enjoying the autumn chill as it sets in — although we are perhaps enjoying it more colorfully with the region’s famed foliage. The report excluded data on shop-at-home purchases and includes information about frauds reportedly directly to the FTC between January and September of this year.

Data 134

Data Fraud Cards Regulation 134

Jeff For Banks

JUNE 11, 2018

So went an informative branch research report put out by my old friend and excellent bank stock analyst, Matt Schultheis of Boenning & Scattergood. All comments are my own, as his firm is a broker-dealer which would require a monumental amount of compliance review and disclosures. Such as having a real estate taxes savings account.

Taxes 60

Taxes Compliance Survey National 60

PYMNTS

MAY 12, 2017

The cross-border B2B payments market, on the other hand, is fraught with friction, despite being much larger in size — accounting for nearly 80 percent of global cross-border payment revenue, according to a 2016 report by McKinsey & Company. To keep up, businesses need to focus on three pillars of compliance, Laven said.

Payments 109

Payments Compliance Guidelines Comparison 109

CB Insights

FEBRUARY 13, 2020

These APIs handle everything from acceptance and processing to settlement and reconciliation, while ensuring compliance and security. In this report, we dive into Stripe’s unique strategy, growth trajectory, product set, and where the $35B payments giant sees the global online commerce market heading next. TABLE OF CONTENTS.

Online 98

Online Company Retail Payments 98

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. . At FICO, I am responsible for planning and implementing growth strategies to develop new markets, and the expansion of our compliance business globally.

Compliance 81

Compliance Technology Fraud Analytics 81

PYMNTS

MARCH 21, 2018

Globalization, while supporting business growth, places new pressures and challenges on the payroll department — particularly when it comes to compliance and the need to manage regulations that continue to evolve both within and across borders. found most admit they have seen “questionable” practices related to compliance.

Compliance 109

Compliance Survey Resources Regulation 109

Independent Banker

JANUARY 31, 2022

This region has the kind of energy that draws people to a place and helps them and their businesses thrive. Corporate relocations and expansions—influenced by factors like affordability, low corporate tax rates, no personal income tax and a rich talent pool—have contributed to a momentum that isn’t likely to subside soon.

Texas 182

Texas San Antonio Community Bank Community 182

PYMNTS

DECEMBER 14, 2020

The Commission Nationale de l’Informatique et des Libertés (CNIL), the French data protection watchdog, has hit Amazon and Google with significant financial penalties for allegedly contravening regulations on the digital advertising trackers known as “cookies,” CNBC reported. Amazon was told to pay 35 million euros (approximately $42.5

Google 132

Google social media Compliance Regulation 132

Jeff For Banks

NOVEMBER 24, 2019

billion in assets, had 87 full-time equivalent employees, and accounted for two-thirds of the town's tax revenue. Another depressed town due to the general economic malaise that bedraggled the region when the steelmaking industry moved elsewhere. In 1998, its last full reporting year, it had net income of $69 million.

National 78

National West Virginia Virginia Pennsylvania 78

PYMNTS

DECEMBER 12, 2017

The offering focuses on secure B2B payments and ensuring that companies are in sync with regulatory and compliance mandates in each new region they enter. As Hiddes noted, supply chain management also includes tax issues, which can be knotty ones for companies dealing with new countries. To that end, ModusLink Corp.,

Taxes 103

Taxes Management Software Marketing 103

PYMNTS

JANUARY 30, 2018

Adoption of Electronic Invoicing: Challenges and Opportunities report released by the Federal Reserve Bank of Minneapolis in 2016, government officials noted the role eInvoicing plays in the broader effort to improve the U.S. Payment System report. marketplace,” the Fed wrote in its report. Following Example. Further, the U.S.

US 106

US Minneapolis Regional America 106

PYMNTS

AUGUST 5, 2019

Additionally, the compliance costs associated with processing payments have increased over time as requirements become ever more complex. Security is important, though, as the tally of major publicly reported cyberattacks rose 165 percent between 2013 and 2017.

Payments 115

Payments Compliance Operations System 115

CB Insights

OCTOBER 26, 2020

Despite this, the Wall Street Journal reported that Morgan Stanley, Goldman Sachs, and the company’s other underwriters made $175M in fees. When Facebook wanted to go public, it convinced Morgan Stanley, Goldman Sachs, and others to accept a reported fee of just 1.1%. get the full REPORT. First name. Company name.

Management 78

Management Capital Company Marketing 78

FICO

MAY 27, 2021

These typically reference the largest of the local delivery companies or even the central mailing services within the attack region. Example from FedEx Recognize & Report Fraud page. . These fraudulent services run as legitimate businesses until a customer reports the illegitimate service to law enforcement and industry groups.

How To 98

How To Fraud Examples Report 98

FICO

JANUARY 19, 2022

Typical TBML common techniques include: False reporting on invoices, such as commodity misclassification, commodity over- or under-valuation. These typically reference the largest of the local delivery companies or even the central mailing services within the attack region. Example from FedEx Recognize & Report Fraud page.

Fraud 52

Fraud Cards Report Analytics 52

FICO

DECEMBER 9, 2019

The European Central Bank through its Single Security Mechanism (SSM) concludes, in its annual risk report, that NPLs (non-performing loans) are the second largest future risk for the European financial system after geopolitics. And the pace of regulatory change is not expected to abate across the EMEA region. Source: [link].

Analytics 52

Analytics Regional Strategy Regulation 52