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

JUNE 4, 2020

Ensuring such payments are secure from bad actors is a priority for the banks that process them. These transactions are not without security risks, they added, meaning banks must be on the lookout for fraudsters seeking to intercept B2B payments. API security. Benefits Of APIs . Future of APIs .

Security 151

Security Fraud Payments Compliance 151

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

FEBRUARY 1, 2021

From new hires to departing professionals, to raises and bonuses, and to shifting tax laws, payroll can certainly change from one pay cycle to the next. Without automated technology in place, said Ayyad, the alternative is for businesses to conduct payroll calculations manually and then re-key that information into another system.

Strategy 247

Strategy Taxes Management Trends 247

PYMNTS

FEBRUARY 25, 2020

“After some time, I understood the challenges are greater than I thought,” Amit recalled, highlighting regulatory compliance as a particularly lofty, and unexpected, burden of facilitating cross-border B2B payments. Finding the Sweet Spots. These businesses have to work with half a dozen banks around the world to transfer money,” he said. “It

Compliance 184

Compliance Taxes Fintech Resources 184

PYMNTS

SEPTEMBER 17, 2020

Whether that's a lack of security if a piece of paper falls into the wrong hands, or simply the pain of having to manually store a document or capture its data, paper is far from the most efficient way to do business. Technology Plays Catch-Up. Physical documents introduce a trove of friction points for the enterprise.

Compliance 157

Compliance Taxes Industry Data 157

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. A Payments Balancing Act. “We started out with spreadsheets just like everybody else,” he said.

Taxes 131

Taxes Compliance Payments Data 131

Abrigo

JULY 20, 2017

AAR is the global leader for online news, product and innovation information on risk, compliance, and trading. The annual report features Sageworks as a credit risk software vendor alongside global technology and financial leaders SAS and UBS Delta. Electronic Tax Return Reader (ETRR). Electronic Tax Return Reader (ETRR).

Software 150

Software Report United States Compliance 150

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

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

JUNE 18, 2019

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. Earlier this month Ireland-based Immedis secured $28.2 while Gusto , another U.S.

Taxes 115

Taxes Resources Security Technology 115

PYMNTS

FEBRUARY 18, 2019

Cryptocurrency has come a long way since bitcoin’s emergence as an unregulated, anonymous payment technology. Indeed, what will drive crypto adoption, Chell told PYMNTS, is in the technology’s ability to reduce payments friction, and integrate compliance and security. ” Confusion, Doubt Remain.

cryptocurrency 175

cryptocurrency Payments blockchain Compliance 175

PYMNTS

MARCH 26, 2018

The rise of RegTech is not by chance: There is an undeniable link between regulatory changes and technological innovation, and that link has a profound impact on FinTech and the financial services market. As the risk of noncompliance evolves and grows for corporates, many turn to technology to ensure adherence to complex regulatory demands.

Taxes 102

Taxes Fraud Compliance Regulation 102

PYMNTS

NOVEMBER 22, 2019

In today’s top payments news, ongoing security concerns have caused the Federal Reserve to take a closer look at the Big Tech firms that serve the banking industry. President Barack Obama is warning about the potential negative impact that technology can have on society. Security Concerns Prompt Fed To Strengthen Big Tech Oversight.

South Dakota 101

South Dakota Apple Taxes Cards 101

Gonzobanker

AUGUST 17, 2022

Engagement platform Personetics also secured $85M from Thoma Bravo Digital banking provider Apiture announced a fundraising round led by Live Oak Bank, Pinnacle Bank, and BHG Financial Digital banking provider Backbase raised $128.6M Industry expert John Meyer digs deeply into the implications of this industry-changing rollup deal here.

Fintech 184

Fintech Lending Software Compliance 184

Abrigo

FEBRUARY 23, 2023

Takeaway 3 With effective technology, the bank can continue to grow its portfolio without necessarily adding staff. At the same time, asset-based liquidity options at some community banks have been constrained by large unrealized losses in available-for-sale securities. I don’t want my veteran bankers writing a credit memo,” he said.

Community Bank 195

Community Bank Kansas City Community Lending 195

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. government departments. Digital Disbursements’ Slow Growth Across U.S. Government Agencies.

Idaho 130

Idaho Illinois Innovation Tennessee 130

PYMNTS

SEPTEMBER 12, 2019

The Cost of Compliance. The projected 2020 cost of AML compliance across all U.S. were equally split between regulatory compliance (69 percent) and reputational risk (69 percent), though reputation was a larger motivation among larger companies. Cloud-based KYC activities were among the new technologies most used by U.S.

cryptocurrency 116

cryptocurrency Regulation Compliance blockchain 116

PYMNTS

JUNE 15, 2018

The cost of technology has lessened, though, opening the door for SMEs to bring bits and bytes to supply chains – lessening reliance on manual processes and invoices of the paper kind, thus eliminating errors. The software firm, Sage, has had five of its accounting offerings focused on VAT, accredited by the UAE Federal Tax Authority.

Fintech 115

Fintech Compliance Software Taxes 115

PYMNTS

DECEMBER 14, 2020

Here’s the latest news from the technology industry, which is coming under increasing scrutiny from governments around the world. We stand by our record of providing upfront information and clear controls, strong internal data governance, secure infrastructure, and above all, helpful products.”.

Google 132

Google social media Compliance Regulation 132

PYMNTS

JANUARY 2, 2020

The fine for non-compliance is going to be ?5,000 5,000 a day, and the new rule was brought forward through the Income Tax Rules of 2019, with the idea of boosting more digital transactions as well as supporting NPCI, which is a not for profit organization. RuPay is a payment network offered by National Payments Corp.

Cards 130

Cards blockchain Retail Cyber Security 130

PYMNTS

JANUARY 22, 2018

Expense management technology is now a saturated market, particularly for the small business space – which is notoriously difficult to serve, because they are too small for large, enterprise-grade solutions, but too large for consumer-specialized tools. ” What is clear, though, is that demand for T&E technologies is on the rise.

Management 116

Management Compliance Taxes Marketing 116

PYMNTS

NOVEMBER 14, 2019

Time report collection, data aggregation across different formats and departments, data consolidation for processing, tax withholdings and benefits calculation must all be done, approved, and processed for on-time payroll. Compliance is still a major challenge. Technological Innovation.

Payments 127

Payments Compliance Taxes Technology 127

PYMNTS

FEBRUARY 18, 2020

This creates new security challenges as firms must learn to centrally manage their fraud protection methods while also gauging threats across many different channels. FIs and PSPs in Europe are particularly interested in robust fraud-busting technologies for SCA compliance, which is mandated under PSD2.

Fraud 131

Fraud Customer Experience Compliance Survey 131

PYMNTS

JANUARY 12, 2017

Businesses continue to focus on areas like compliance in their payroll dealings, but with automated and digital payroll solutions gaining traction in the enterprise, compliance has become ever more challenging. Data Security. a new payroll tax, the Apprenticeship Levy, will come into effect in April. Geographic Focuses.

Data 100

Data Taxes Compliance Regulation 100

Abrigo

SEPTEMBER 20, 2023

Join Abrigo for a webinar discussing risk assessments' role in compliance. Given the current economic climate in the United States, it is essential to understand the effect personal financial security has on 1 st -party fraud. The scam here is an inside job, making it inherently more elusive.

Fraud 195

Fraud Trends Cards Software 195

PYMNTS

NOVEMBER 13, 2020

Osome connects small and medium-sized businesses to a digital business assistant app to automate accounting, payroll and tax compliance workflows. The company secured the funding from an unnamed angel investor, reports said. and Hong Kong. and Hong Kong.

Capital 229

Capital Cards Fintech Payments 229

Insights on Business

MARCH 18, 2019

Not just a limited scheme, between 2006 and 2013 it facilitated fake trade deals, reinsurance fraud, tax evasion, hidden investments, a fuel pricing fraud scheme at Sheremetyevo Airport—and much more. But perhaps twenty banks were involved – and many of the organizations involved as counterparties will have had compliance programs in place.

Taxes 156

Taxes Compliance Fraud Maine 156

PYMNTS

APRIL 19, 2019

Payescape recently launched its Accountants Partnership Program , an initiative that connects small business accountants to the company’s payroll technology — if those accountants choose to use technology to automate payroll for their clients. That’s particularly true when it comes to compliance and data security.

Innovation 154

Innovation Compliance Technology Resources 154

PYMNTS

JANUARY 8, 2020

8), the Securities and Exchange Commission ’s (SEC’s) Office of Compliance and Examinations (OCIE) offered up a list of its priorities for the year that has just dawned. In addition, there will be examination of transfer agents (which help to settle transactions) that are developing blockchain technology.

blockchain 138

blockchain Phoenix Compliance cryptocurrency 138

PYMNTS

JULY 31, 2019

Cross-border transactions remain difficult to navigate due to the various regulations and technologies available in different countries. Payments providers like Visa are focusing on solutions that increase speed and security for companies and individuals moving money between countries, while still offering seamless user experiences.

Payments 144

Payments blockchain Kansas Security 144

PYMNTS

SEPTEMBER 4, 2018

Payroll is a popular target for FinTech innovators looking to add automation, data analytics and other technologies into the process for more accurate, faster, digital payroll. One of the largest points of friction, he said, is tax compliance. “A

Tools 100

Tools Taxes Software Management 100

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 ? Leveraging technology is also important for your firm’s reputation.

Taxes 191

Taxes Survey Technology Comparison 191

PYMNTS

OCTOBER 18, 2019

The document explained that one benefit to launching its own crypto would be the ability of collecting more information on its citizens, which could then be shared with police or tax authorities. “We MSBs will now include domestic and foreign businesses “dealing in virtual currency,” Canada’s government said. “As

cryptocurrency 102

cryptocurrency Taxes Compliance Regulation 102

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

FICO

MARCH 31, 2016

As FICO’s premiere client conference, FICO World 2016 , heads to the nation’s capital at the end of next month, it is not surprising that regulatory compliance strategies and solutions will be a hot topic of discussion. Model management continues to present financial institutions with new compliance obstacles.

Compliance 40

Compliance DC Washington Regulation 40

PYMNTS

DECEMBER 28, 2018

Researchers this year released new data on banks’ KYC adherence that highlights just how imperative it is that the financial services industry is able to more adequately address the challenges of compliance. Avoka CMO Don Bergal told PYMNTS what global markets can expect in 2019 in terms of bank KYC happenings. .

Compliance 186

Compliance Regulation blockchain Taxes 186