PYMNTS

JANUARY 29, 2020

businesses are likely already feeling tax season’s pressures. Filing is exhausting and complicated for individuals, and businesses experience those tax difficulties to a far greater degree. Such tools can automatically categorize necessary information from receipts and reports, significantly cutting down on the $26.63

Taxes 141

Taxes Fraud Tools System 141

PYMNTS

JUNE 14, 2017

Tax and accounting compliance can be an overwhelmingly monumental task as companies expand their geographic footprint. Analysts agree that a company should work with partners, advisors and technologies that can help them manage their compliance demand across borders. There are also an “extremely high number” of tax rules.

Compliance 146

Compliance Marketing Taxes Groups 146

PYMNTS

MARCH 15, 2019

Anxieties that automation will replace humans have waned in the accounting sector, as industry players begin to realize that technology can actually help accountants play a more important role for their small business (SMB) customers as advisors and guides, rather than replacing their roles outright. Tackling Tax.

Taxes 193

Taxes South Dakota Software Survey 193

PYMNTS

SEPTEMBER 8, 2020

Russian legislator Fedot Tumusov sent a draft bill to the country’s lower parliamentary body that calls for a limit of 20 percent on commissions for the sale of mobile apps, Reuters reported. In addition, the legislation would make sellers pay a third of commissions to a dedicated training fund for technology specialists each quarter.

Taxes 131

Taxes Google Apple social media 131

PYMNTS

JANUARY 24, 2021

Business software maker Cygnet Infotech has updated its FACE ( Financial Accounting Comprehensive and Easy ) accounting software platform, according to a published report. The update to the FACE offering comes 19 months after the offering debuted, the report stated.

Taxes 178

Taxes Compliance Software Fraud 178

Abrigo

JULY 20, 2017

Allaboutrisk.com (AAR) recognizes Sageworks as a credit risk vendor in its 2017 Risk Software Report. AAR is the global leader for online news, product and innovation information on risk, compliance, and trading. The products featured in the report include: · Credit Analysis. Electronic Tax Return Reader (ETRR).

Software 150

Software Report United States Compliance 150

PYMNTS

AUGUST 24, 2018

Electronic payments company ACI Worldwide is integrating its technologies with SPAN Enterprises , a tax filing technology provider, to power tax payments for the fleet industry. A press release issued Thursday (Aug. A press release issued Thursday (Aug. ”

Taxes 100

Taxes Payments Cards Industry 100

PYMNTS

SEPTEMBER 24, 2019

As commerce has, increasingly, moved into the digital realm, and even the smallest merchants have gone omnichannel, tax policy has evolved as well — although perhaps it may be more apt to say tax policy has scrambled to keep up. Thus far, a bit more than a year after the ruling, tax policy remains fragmented.

Taxes 116

Taxes Retail Online South Dakota 116

PYMNTS

FEBRUARY 12, 2019

Govindacharya have asked lawmakers in India to call leaders of Google and Facebook to the country to ask them about data privacy and their compliance on tax laws, according to a report from Reuters. The group is asking a parliamentary panel on information technology to investigate the tech giants.

Taxes 108

Taxes Google social media Groups 108

PYMNTS

JUNE 5, 2020

Citi ‘s Treasury and Trade Solutions (TTS) customers have increased their utilization of the firm’s digital banking technology, while firms globally implemented continuity plans and telecommuting to stay in operation amid the pandemic. million this March from 3.7 million in the same month last year.

Report 132

Report Online National Taxes 132

PYMNTS

DECEMBER 7, 2020

Here’s the latest news from the technology industry, which is coming under increasing scrutiny from governments around the world. Italy’s antitrust regulator has hit Apple with a 10-million-euro fine (approximately $12 million) for allegedly unfair business practices when it comes to its iPhone promotion in Italy, MacRumors reported.

Apple 143

Apple Regulation Taxes Marketing 143

Abrigo

NOVEMBER 25, 2014

For some accountants, tax and audit services are attractive for the recurring revenue streams and steady client base they provide. CPAs providing tax services, especially, should find that offering valuation services is an attractive way to not only retain those clients but to also generate new revenue from these existing clients.

Taxes 170

Taxes Guidelines Maine Regional 170

PYMNTS

OCTOBER 5, 2020

Here’s the latest news from Google and the technology industry, which is coming under increasing scrutiny from regulatory watchdogs, trade organizations and politicians globally. Brussels also aims to have big platforms allow users to remove programs that come already installed on technologies like computers and smartphones.

Data 229

Data Google Compliance Apple 229

PYMNTS

JANUARY 3, 2020

In an interview with PYMNTS, Liz Armbruester, senior vice president of Global Compliance at Avalara , said 2019 represented a watershed year for tax compliance as states embraced the economic nexus model and passed marketplace facilitator laws. Imposing state taxes on out-of-state sellers is now the new normal, she said.

Online 132

Online Taxes Compliance Missouri 132

Abrigo

NOVEMBER 13, 2014

Let’s face it: business owners need accountants for more than taxes alone. But the reality is that many accountants’ compliance-related workloads keep them busy enough (or too busy) that they don’t make time to focus on higher-value-added services. How do you get around this chicken-and-egg problem? 18 at 1 p.m.

Technology 220

Technology Strategy Data Report 220

Perficient

NOVEMBER 30, 2021

As always, the regulators’ main concern was to promote safety and soundness, consumer protection, and compliance with applicable laws and regulations, including anti-money laundering (AML) and illicit finance statutes and rules. Ancillary custody services. Ancillary custody services. Loans collateralized by crypto assets.

cryptocurrency 309

cryptocurrency Regulation Policies Compliance 309

Abrigo

JANUARY 21, 2016

Often the amount of time taken to complete certain advisory services is less than traditional compliance engagements that would yield the same return. With the number of tax returns and amount of compliance work that an average firm provides, it’s difficult for accountants to go beyond their traditional role.

Compliance 150

Compliance Resources Comparison Industry 150

PYMNTS

MARCH 4, 2020

Enterprise cloud migrations have opened up the ability for smaller businesses to adopt ERP technology once reserved for the largest corporates. He pointed to financial reporting as one example of this shift. Efforts to modernize procurement and accounts payable are also opportunities for data integration with the ERP. Disruption Ahead.

Data 260

Data Taxes Analytics Resources 260

PYMNTS

JANUARY 12, 2021

The advantages of outsourcing the back-end integrations and compliance issues tied to, say, international markets can accrue swiftly to corporates’ bottom lines, free up resources and streamline back-end processes. Technology brings the concept of flexible payments into reality. PaaS could be worth as much as $16.7

Payments 260

Payments Compliance Technology Taxes 260

American Banker

AUGUST 28, 2023

The proposed regulations from the Treasury Department and Internal Revenue Service offer clarity on reporting rules enacted in 2021 to curb crypto-related tax evasion by offering more transparency into customer trades.

Taxes 36

Taxes Regulation Report cryptocurrency 36

PYMNTS

OCTOBER 17, 2016

Technology has the power to help a business rise up from the competition. Small businesses, too, have an appetite for technology. This week, in our B2B Data Digest, PYMNTS examines how technology is both making life easier and harder for small business owners throughout the globe. 78% of U.S.

Technology 100

Technology Analytics Survey Data 100

PYMNTS

SEPTEMBER 17, 2020

"We're just used to paper reports in our hands," Wood told PYMNTS in an interview. According to Woods, organizations and their finance teams must be strategic about how they reduce their reliance on physical paper and invest in the technologies that can optimize document management without adding any extra pain.

Compliance 157

Compliance Taxes Industry Data 157

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. A report found that the U.S. imposed a full $23.52 billion and the Middle East levied $9.5 million. .

Fraud 189

Fraud Fintech Compliance Regulation 189

FICO

DECEMBER 15, 2016

When it comes to anti-money laundering (AML) and financial crime, the right strategy, people resources and technology can transform the compliance function into a competitive advantage. This year, as in 2015, I was intrigued to meet compliance professionals from around the globe, talking about the challenges in their markets.

Compliance 40

Compliance Report Meeting Groups 40

PYMNTS

OCTOBER 17, 2018

16) that it is collaborating with technology and finance partners to develop a supply chain management platform for the cannabis market, with plans to first deploy the solution in Canada before global expansion. The company announced via press release on Tuesday (Oct. billion with 13 million recreational users.

blockchain 156

blockchain Compliance Management Bitcoin 156

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 Taxes System 175

PYMNTS

FEBRUARY 8, 2018

If death and taxes are sureties, insurance payments rank up there, as people insure homes and autos and apartments against any number of calamitous scenarios. Things have come far enough [technologically] that carriers can offer a payment portal online, which is something that many of them do today.”.

Taxes 101

Taxes Payments social media Policies 101

PYMNTS

FEBRUARY 19, 2020

The IRS has invited cryptocurrency groups to meet for a regulatory summit March 3 to discuss how the two can work together going forward, published reports said Tuesday (Feb. The IRS has been trying to combat cryptocurrency tax evasion, and the agency has been working on establishing more concrete guidelines for digital currencies.

Meeting 168

Meeting Groups cryptocurrency Bitcoin 168

PYMNTS

JANUARY 22, 2020

Fifty-one percent of United States consumers stated in the most recent PYMNTS Disbursements Satisfaction Report that they would prefer to receive tax refunds, child support payments and other government payments through instant payout methods. About the Report. government departments. Government Agencies.

Idaho 130

Idaho Illinois Innovation Tennessee 130

PYMNTS

OCTOBER 15, 2018

Their partnership will enable small businesses to collect payments via QR code or cards, while Zoho will link business customers to its ERP software to support Goods and Services Tax (GST) compliance. A press release from Mastercard, issued Monday (Oct.

Taxes 182

Taxes Compliance Payments Software 182

PYMNTS

OCTOBER 9, 2019

“As the operator of the Swiss financial market infrastructure, we welcome the initiative of the SNB and the BIS to conduct more research into innovative financial technologies in Switzerland. percent rate. percent rate.

Bitcoin 116

Bitcoin San Francisco Taxes Compliance 116

PYMNTS

JANUARY 12, 2021

The advantages of outsourcing the back-end integrations and compliance issues tied to, say, international markets can accrue swiftly to corporates’ bottom lines, free up resources and streamline back-end processes. Technology brings the concept of flexible payments into reality. PaaS could be worth as much as $16.7

Payments 153

Payments Compliance Technology Taxes 153

South State Correspondent

AUGUST 31, 2022

Then there are vendor contracts, employment agreements, statements of work, loan documents, financial statements, tax returns, deposit account documents, policies, and an array of similar applications. Pulling data off a tax return has a low error rate while pulling data off an attorney-prepared loan document is more challenging.

Training 448

Training Data Examples Taxes 448

PYMNTS

AUGUST 1, 2019

Experts say the explosion of technology platforms like Uber and Deliveroo ushered in waves of opportunity for professionals to have greater control over when, where and how they work. is facing heightened compliance burdens that similarly force administrative, manual tasks on professionals that need that time to focus on their businesses.

Taxes 151

Taxes Resources Management Analysis 151

PYMNTS

MAY 6, 2020

The new additions will incorporate the influence of Sage’s new acquisitions AutoEntry and CakeHR, and will add recurring invoices, bank rules and more industry coverage with CIS compliance capability. The recurring invoices and bank rules will add more automation that Sage says makes the technology flow smoother for small businesses.

Taxes 141

Taxes Compliance Management Tools 141

PYMNTS

JUNE 18, 2019

Payroll startup PayFit has announced $79 million in new funding, according to reports Monday (June 17). The France-based company secured the funding from Eurazeo and Bpifrance , which are backing PayFit’s payroll and human resource management technology services designed for multiple European countries’ particular labor laws.

Taxes 115

Taxes Resources Security Technology 115

PYMNTS

SEPTEMBER 12, 2019

This week , it was reported that the Financial Action Task Force (FATF), the global anti-money laundering organization, is monitoring the planned Libra cryptocurrency, a signal of the growing scrutiny on cryptocurrency’s potential for money laundering and terrorism financing. The Cost of Compliance. A report found that the U.S.

cryptocurrency 116

cryptocurrency Regulation Compliance blockchain 116