PYMNTS

OCTOBER 23, 2020

The coronavirus changed all of that, of course. New issues – those surrounding national security, the dependence on PPE that is made elsewhere and where medicines are sourced and produced – now increasingly factor into how we get what we need from suppliers, and where those suppliers are located. Where We Are Now.

System 208

System Policies Course Innovation 208

PYMNTS

NOVEMBER 22, 2017

Account takeover fraud , card-not-present (CNP) fraud, tax fraud, selling stolen financials, selling fake bank accounts, the Dark Web: If security experts are fighting it today, chances are that Brett Johnson was there when it started. Of course, the buyer knew right away that she’d been scammed. Lessons Learned.

Fraud 120

Fraud Taxes Community Cards 120

PYMNTS

NOVEMBER 4, 2019

But internal fraud is, of course, not the only risk businesses face, with this week’s B2B Data Digest also breaking down the latest numbers related to cyber fraud and business email scams attacking companies from the outside. The ETA warns that cyber fraud threats are hampering small businesses’ growth opportunities.

Fraud 101

Fraud Pennsylvania Data Cards 101

PYMNTS

SEPTEMBER 19, 2019

Things have changed of course, because the very nature of payments has changed, and is changing. To that end, said Ron Chakravarti, Treasury Advisory Group head at Citi, the role of the treasury management team in optimizing cash on a day-to-day basis is changing as real-time operations (and payments) increasingly command attention.

Management 116

Management Operations Payments Course 116

PYMNTS

FEBRUARY 27, 2020

27) that on-demand food delivery firm DoorDash has filed yet-to-be-made-public documents with the Securities and Exchange Commission – known as a confidential S-1 – to undertake an initial public offering (IPO) may prompt a bit of head-scratching. There is, of course, the option to not list at all. In this market?

Capital 151

Capital Millennials Marketing Taxes 151

PYMNTS

APRIL 2, 2018

Here in the United States, tax season looms, of course, which may put additional pressure on cryptos. The specific directive from William Galvin, the state’s head securities regulator, commands that those firms abandon the sale of what have been termed “unregistered securities.” The firms named include Mattervest, Inc.,

United States 110

United States social media Arizona cryptocurrency 110

PYMNTS

AUGUST 5, 2019

In a new PYMNTS discussion, Karen Webster and Zac Cohen, general manager at Trulioo , used that lawsuit as a stepping off point to talk about how criminals get past anti-money laundering and other laws designed to keep payments honest, and what above-the-board firms and operations can do to stop it.

Company 163

Company Payments Fraud Meeting 163

PYMNTS

JANUARY 20, 2017

However, recently the People’s Bank of China pointed to irregularities in the operations of bitcoin exchanges BTCC, Huobi and OKCoin as the cause of the recent rollercoaster ride in bitcoin’s price, said Reuters. These accusations have been levied by digital currency detractors in the past (not without at least some good reason, of course).

Bitcoin 100

Bitcoin Taxes Security Operations 100

PYMNTS

NOVEMBER 19, 2018

Except, of course, for the 26 or so percent of you who have already finished your Christmas shopping – you guys can enjoy an especially long tryptophan nap, we guess. FLEETCOR, for its part, has affirmed its continuing interest in using M&A to grow its operations. “I On the menu this week: FLEETCOR “Family” Set to Get Bigger.

Data 122

Data Cards Taxes Payments 122

PYMNTS

APRIL 19, 2019

As noted in this space this past week, SCA has goals that are laudable by any measure, as the SCA requirement seeks to reduce fraud and make online card-not-present (CNP) transactions more secure. Larger merchants appear to be better prepared than the roughly 800,000 smaller ones operating across the continent. Retail Sales: Rally 1.6

social media 125

social media Online Regulation Taxes 125

CFPB Monitor

JULY 21, 2022

CA), inserting into the NDAA a version of the “Establishing New Authorities for Business Laundering and Enabling Risks to Security Act,” otherwise more commonly known as the ENABLERS Act. Requirements. Here, the amendment does provide the Secretary and FinCEN with its typical discretion.

United States 78

United States Taxes Regulation Compliance 78

PYMNTS

MAY 16, 2018

The rest, says Pappano, are going to be scrambling to catch up so they can start to enjoy the potential new tax revenues that legalized gambling can create. Payments will, of course, be central to online gaming and sports wagering. Fast, secure electronic payments are never easy — so surely that will slow things down?

Online 100

Online Fraud Industry New Jersey 100

PYMNTS

MAY 13, 2016

Stop ISIS, bring peace to the Middle East, clean up the economy, create more jobs, fix the education system, lower taxes, etc., Of course, that’s just what comes with the territory. Of course, when the former commissioner, Bart Chilton, says bitcoin, he’s talking blockchain and all digital currencies.

Bitcoin 100

Bitcoin blockchain Regulation Operations 100

PYMNTS

JUNE 4, 2018

That just good old-fashioned operational costs. That means Snap is going to need some dollars at some point within the next year and a half — and it seems to have snuck out of a securities filing in early May that strongly indicates it is trying to raise some funds by a sale of shares or debt. The firm torched through $1.1

social media 119

social media Google Apple Leadership 119

PYMNTS

MARCH 18, 2019

Steve Jobs, in his very famous 2005 Stanford commencement address , said connecting the dots was only possible with hindsight, by looking in the rearview window at the series of things that had happened over the course of one’s life to explain the actions of the here and now. and one of two operators of the ACH network in the U.S.,

Payments 201

Payments Cards Operations System 201

PYMNTS

SEPTEMBER 13, 2017

We all know the lure of China’s consumers for retailers and merchants of all stripes and sizes operating across the globe. The firm, founded in New York in 2015 and now located in Hangzhou, with offices in San Francisco, Shenzhen and Luxembourg, has operated since February 2016 with Amazon as its anchor client.

San Francisco 101

San Francisco Compliance Regulation Branding 101

PYMNTS

MARCH 4, 2016

billion, which of course leaves the mystery $2.5 billion is tied to two hedge funds based in the Caribbean, with at least some of the radio silence stemming from the possibility of a “calculated decision” made by those funds not to shed too much light on their operations. Bloomberg noted that the claims thus far amount to only $17.5

Virgin Islands 100

Virgin Islands United States New York Taxes 100

Independent Banker

FEBRUARY 24, 2016

In addition to having a high-yielding portfolio, these investment managers have managed the tricky challenge of balancing on the risk-reward tightrope without necessarily buying into a lot of long-maturing investments, according to Jim Reber, president and CEO of ICBA Securities. Greg Steverson, Ledyard National Bank. The barbell approach.

Community Bank 70

Community Bank Community Texas Management 70

Abrigo

FEBRUARY 4, 2015

A few decades ago, it was fairly common for a person to secure a job immediately following graduation from school and remain with the company until retirement. Never mind complex tax regs—it''s workforce retention that''s keeping employers awake at night.

Management 150

Management Survey Industry Strategy 150

FICO

DECEMBER 21, 2016

Of course, as an analytics provider, we would say that. Today, it’s really only Tier 1 banks that use analytics in AML, KYC and tax compliance areas. The political turmoil of 2016 means that there is a lot of gain to be had by exposing politicians who used tax havens, which should drive even more investigations and revelations.

Compliance 40

Compliance Analytics Taxes Groups 40

PYMNTS

MARCH 25, 2019

The top line, of course, was the announcement that FIS would acquire Worldpay in a deal worth roughly $35 billion. We started to really think about how [we] not only simplify integration and onboarding, but [how to] better manage operations on an ongoing basis,” he said. “We Worldpay’s Big Week. eBay Drafts Google Pay.

Google 126

Google Data Apple Jacksonville 126

Tomorrow's Transactions

SEPTEMBER 18, 2014

Now, as I’ve written before, one of the difference between Japan (and Korea) and Europe was that mobile contactless was driven by operators who have market power that it is quite different to the European operators. But things have been changing there and it’s not all about the operators any more. Banks have been active as well.

Taxes 51

Taxes Mobile System Cards 51

Banking 2020

MARCH 19, 2015

That’s of course appropriate, but there are odd disconnects at the core of it all. In both industries, and in most others, technologies are developed, adopted and discarded at lightning speed, and each has a serious impact on routine operations. Spotlight banking cybercrime healthcare security' billion on revenue of $85.1

Regulation 40

Regulation America Compliance Industry 40

Independent Banker

AUGUST 27, 2015

IB: Along with its banking operations, Community National Bank manages about $250 million in personal and institutional assets through its trust and investment management department. We manage charitable and personal trusts, IRAs and, of course, settle estates. We also don’t have a retail brokerage operation. Tell us about that.

Community 70

Community Community Bank Texas US 70

PYMNTS

OCTOBER 14, 2019

Drivers who couldn’t afford to buy a medallion of their own drove for taxi operators as independent contractors, with the companies dictating the terms of their deal. They want tools to help track their expenses and manage tax payments for the work they perform. Workers like the security of working for those kinds of businesses, too.

San Francisco 178

San Francisco New York Study Industry 178

Independent Banker

FEBRUARY 25, 2015

billion in assets and operates 60 retail locations, is licensed to originate reverse mortgages in most of the United States. Of course, reverse mortgages, or Federal Housing Administration-insured Home Equity Conversion Mortgages, are home equity loans for borrowers age 62 or older. FirstBank, which has $2.3 New FHA guidelines.

Trends 70

Trends Community Lending Community Bank 70

Jeff For Banks

JULY 9, 2012

On June 28th, the Supreme Court upheld the Affordable Care Act as constitutional, calling penalties on individuals for failing to purchase health insurance a “tax.” This decision sets in motion a series of steps to implement the law over the next few years along with the estimated $813 billion in taxes and levies over the next ten years.

Taxes 66

Taxes Washington Risk Management Marketing 66

PYMNTS

AUGUST 22, 2016

The storyline, of course, seems a bit at odds with the title of the show (which not surprisingly lasted only one season) but it stayed with me. It’s not the safest thing to do, nor is it the most financially sophisticated, but it makes some people feel secure. Samantha and Nick would boot up “Jack” every couple of days.

Payments 100

Payments Bitcoin Cards Taxes 100

PYMNTS

APRIL 11, 2016

Compared to the alternative — losing it in the market anyway and/or being taxed on whatever returns they might manage to eke out — the downside doesn’t appear too threatening. There, in 1698, John Castaing posted stock and commodities prices and enabled the physical exchange of securities. Two: Platforms have to operate at scale.

San Francisco 100

San Francisco Operations Examples Branding 100

PYMNTS

JULY 15, 2016

of course, isn’t alone in its affinity for beer, nor is it spearheading the craft movement by itself. It also deals with shipping logistics, like securing refrigerated containers, organizing pickup and dealing with insurance. Like with any cross-border endeavor, however, Long’s operations occasionally run into road blocks.

Puerto Rico 100

Puerto Rico Michigan Branding Marketing 100

Lex Sokolin

JANUARY 14, 2021

Instead, they have either (1) been directly owned by retail investors through crypto exchanges or decentralized apps, or (2) been packaged and secured for safe handling by newly buy-side funds for the largest endowments and family offices in the world. Though of course they can, if packaged up into a bank holding company. Like taxes.

America 52

America Wyoming National Capital 52

Lex Sokolin

JANUARY 14, 2021

Instead, they have either (1) been directly owned by retail investors through crypto exchanges or decentralized apps, or (2) been packaged and secured for safe handling by newly buy-side funds for the largest endowments and family offices in the world. Though of course they can, if packaged up into a bank holding company. Like taxes.

America 52

America Wyoming National Capital 52

Lex Sokolin

DECEMBER 25, 2019

Other things like Compound are essentially a securities lending marketplace?—?you This financial commitment also performs the function of securing the historic accuracy of the data on the chain itself, like electricity-consuming mining does in Bitcoin. operated, or maybe audited and controlled, by the US government.

blockchain 52

blockchain Bitcoin Software Lending 52

CFPB Monitor

APRIL 28, 2022

Contrast this with the final rule issued by the Federal Reserve, FDIC, and OCC last November, which requires covered banking organizations to report within 36 hours after determining the occurrence of certain significant computer-security incidents. Who Reports. Reporting Timeline. Status/Effective Date.

Report 147

Report FDIC Regulation Security 147

South State Correspondent

JULY 25, 2022

Providing a narrative around your “fortress balance sheet,” ever-more-efficient operations, and defensive vision is now critical. The Fed plans to keep reducing its securities holdings by $47.5B Has the bank felt any runoff in deposits after adjusting for tax payments? General Performance. and beyond.

Trends 195

Trends Lending Marketing Capital 195

Independent Banker

MARCH 31, 2022

Staffers with a hybrid schedule include some commercial lenders as well as those working in the credit unit, finance and accounting, various support operations, insurance and securities departments. Of course, working remotely or hybrid isn’t for everyone. Still, candidates must generally live within California.

Missouri 142

Missouri Community Bank Community Management 142

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. In one example offered to PYMNTS, a single eCommerce company was able to bring operations to 17 countries in a four-month timeframe. To that end, ModusLink Corp.,

Taxes 103

Taxes Management Software Marketing 103