PYMNTS

SEPTEMBER 28, 2020

Corporate buyers must gather data to ensure that potential suppliers can meet their procurement needs, but their research does not stop there. They also need to collect and verify vendors’ details to comply with anti-crime regulations, adhere to tax reporting requirements and deliver convenient digital payments to these suppliers.

Data 166

Data Management Taxes Meeting 166

PYMNTS

MAY 19, 2020

BlockFi suffered a “temporary data breach” on May 14 that exposed some customer information, the company reported in an incident report. Multiple crypto operations serving the country, however, are legally based in other nations.

Data 212

Data Bitcoin cryptocurrency Taxes 212

South State Correspondent

MAY 30, 2024

We work with well-known national CPA firms that specialize in working with banks specifically to claim their ERC tax rebate. Instead of just the revenue test, where most CPA firms focus, our approach targets the total or partial suspension of operations aspect of ERC eligibility. The average tax rebate is approximately $1.5

Georgia 195

Georgia Alabama New Jersey Taxes 195

South State Correspondent

MARCH 21, 2023

ERC gave eligible businesses a refundable tax credit of up to 50% of $10,000 for qualified wages paid per employee. Community banks can now white label this same product to onboard and process employee retention tax credits for the bank’s small business customers AND prospects. In 2020, the U.S.

Taxes 195

Taxes Community Bank Community Operations 195

Abrigo

MAY 22, 2024

Takeaway 2 Several small business lending processes can tax both borrowers and staff. Data on the small business lending market is fragmented and incomplete. At the same time, 59% pursued credit to meet operating expenses. DOWNLOAD Takeaway 1 Financing plays a crucial role in small business survival and success.

Lending 195

Lending St. Louis Community Marketing 195

PYMNTS

NOVEMBER 30, 2020

State mandates have also forced some businesses to close or limit on-premises operations, prompting such merchants to connect with consumers online instead. Fraudsters have redoubled their attacks on eCommerce channels, however, making consumers more concerned about data security. Streamlining Onboarding Security.

Cards 151

Cards Security ATM Data 151

PYMNTS

JANUARY 19, 2021

But reaching a broader range of consumers, accommodating their payment preferences, and satisfying regulatory and tax issues in unfamiliar territory introduces a host of new operational challenges for these companies. As the seller of record, we manage the filing, the collection and the remittance of taxes in every jurisdiction.”.

Branding 322

Branding Taxes Fraud Regulation 322

Abrigo

APRIL 22, 2024

Takeaway 2 Several small business lending processes can tax both borrowers and staff. While data on the small business lending market is fragmented and incomplete, the Consumer Financial Protection Bureau ’s (CFPB) last detailed review estimates it grew 21% to $1.7 At the same time, 59% pursued credit to meet operating expenses.

Lending 243

Lending St. Louis Community Marketing 243

PYMNTS

APRIL 4, 2018

In their place has risen a new system of exchanging funds that have made payments faster, more efficient, more secure and, above all, smarter. Today’s smarter payments are delivered much faster – within hours or even just a few seconds – and include data to inform both payers and payees. About the Tracker .

Taxes 100

Taxes Report System blockchain 100

PYMNTS

OCTOBER 1, 2018

One-quarter of small businesses continue to record financial data on paper instead of keeping digital records, according to a new survey by Clutch, a B2B ratings and reviews firm, and the tactic is exposing these companies to security risks. A press release from Clutch on Monday (Oct.

Security 108

Security Survey Software Resources 108

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 .

Security 151

Security Fraud Payments Compliance 151

PYMNTS

DECEMBER 18, 2017

When enriched by data, artificial intelligence (AI) and a seamless integration with payments, voice becomes a platform for merchants to offer more services in a way that adds value to the customer and, ultimately, more sales to merchants. Voice provides a more complete, natural and delightful experience for customers, Gauthier said.

Bitcoin 100

Bitcoin Data Taxes cryptocurrency 100

PYMNTS

MARCH 12, 2019

While policymakers target protection and customer ownership of data, one of the most prominent selling points for open banking is the ability for data to move seamlessly between once-siloed platforms. According to Reed Smith and Mergermarket data published last November, 94 percent of banks and financial institutions in the U.S.

Data 184

Data Fintech Strategy Regulation 184

South State Correspondent

MAY 13, 2024

Unfortunately, most banks don’t gather fraud data across payment channels or track “pre-crime events.” By amalgamating data from a single bank with that from multiple banks, law enforcement can unearth larger patterns of illegal activity. Each type of financial crime has a specific profile. After all, “Payments are not an island.”

Conference 195

Conference Payments Fraud Data 195

PYMNTS

JUNE 13, 2018

Microsoft and human resources management company ADP are partnering for a holistic business management solution that combines financial and human capital data analytics, the companies recently announced. According to the latest data from ADP released last month, the U.S.

Management 124

Management Data Resources Taxes 124

PYMNTS

SEPTEMBER 27, 2019

Also, DoorDash revealed it was the victim of a data breach in May, and Uber plans to merge its ride-hailing and food delivery applications. DoorDash has announced it was the victim of a data breach in May. Uber Turns App Into ‘Everyday Operating System’. What Local Sales Tax Laws Mean for Tobacco eSellers .

Data 122

Data North Carolina Kansas City Payments 122

PYMNTS

NOVEMBER 23, 2020

According to Wimbish Potter , general manager of SMB payments at Deluxe : “SMBs are the backbone of our country, but [for legacy banks] it's hard … to reach out and say, ‘let me [create] a lending program,’ because they're not seeing the data come in anymore.”. For FIs, fresh data that they can’t see represents a new competitive threat.

Data 143

Data User Experience Fintech Lending 143

PYMNTS

JANUARY 7, 2020

OneConnect used Guangdong’s “digital government” tech resources, as well as its own blockchain tech, AI and Big Data, to create the platform — which has access to data in 213 categories from 26 departments of government, and has connected with 129 financial institutions in the China province. ”

Bitcoin 132

Bitcoin blockchain Taxes Austin 132

PYMNTS

DECEMBER 27, 2019

We have a deep dive into spend management in addition to news involving the Sprint and T-Mobile merger, as well as data on state tax laws. . Uber was ordered to stop securing business in Colombia via its popular ride-hailing app. A ‘Diaper’ By Any Other Tax Code: The Complexities Of Selling Across State Tax Laws.

Taxes 101

Taxes Mobile Management blockchain 101

PYMNTS

MAY 8, 2017

The latest data from the CBIZ Small Business Employment Index “disappoints,” analysts said. “This is a result we’ll watch closely, especially as the continual delay in securing fiscal policy change may be causing a slowdown in hiring.” The report , released Friday (May 5), found a 0.32 small businesses.

Data 109

Data Taxes Analytics Policies 109

PYMNTS

FEBRUARY 1, 2021

Data integration is climbing to the top of chief financial officers' priority lists. 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. The Value Of Integration. Cash Flow Implications.

Strategy 247

Strategy Taxes Management Trends 247

PYMNTS

OCTOBER 1, 2020

The process is made secure through the help of forensic security experts alongside advanced banking-grade digital technology. Multiple layers of security are involved on the user's side, including scanning one's ID and taking a selfie. Verify more quickly, a press release says. Since March, over 1 million GOV.UK

Survey 130

Survey Security Taxes Fraud 130

South State Correspondent

OCTOBER 4, 2023

Having to pay near SOFR rates will give you a false sense of security, cost you more in the long run, and slowly erode franchise value. You will gather the data to help you make better deposit product and pricing decisions in the future, all while building franchise value the quickest way possible.

Marketing 195

Marketing Taxes Training Management 195

PYMNTS

MAY 19, 2020

The Security Service of Ukraine is reportedly holding a hacker for allegedly selling a database with 773 million email addresses and 21 million unique passwords, CoinDesk reported. Meanwhile, BlockFi suffered a “temporary data breach” on May 14 that exposed some customer information, the company reported in an incident report.

Bitcoin 148

Bitcoin cryptocurrency Taxes Security 148

PYMNTS

AUGUST 17, 2020

In this week’s Data Digest, PYMNTS rounds up the latest cases and research into how corporates are being targeted with crimes like the business email compromise (BEC) scam, as well as how they’re fighting back. According to reports, the individual had access to the business’s bank accounts, allowing her to make tax payments.

Fraud 237

Fraud Trends Security Report 237

PYMNTS

AUGUST 16, 2019

Small business finserv was a popular target this week, with startups securing funding for their SMB banking, lending and accounting tools. Meanwhile, logistics, data analytics, and business travel technologies also won over investors. Below, PYMNTS breaks down the latest in B2B FinTech funding.

Fintech 179

Fintech Analytics Capital Lending 179

PYMNTS

SEPTEMBER 16, 2020

Establishing trust is crucial for all companies that operate in the sharing economy. Homesharing platforms must vet renters or tenants and ensure that their personal and payment data remain secure, for example. and it collects any value-added taxes. .

Taxes 230

Taxes Guidelines Meeting Security 230

PYMNTS

MARCH 1, 2018

Securing bank financing for a small business (SMB) is neither fast nor easy, but the people running those SMBs need it to be both. Better data, faster, means better decisions faster, too. Data – and the application programming interfaces (APIs) that enable easy access to it, he explained – is the tool of choice for that.

Data 101

Data Lending Taxes Innovation 101

Abrigo

AUGUST 28, 2022

Takeaway 2 Offer an online ag loan application, limit data entry, and use a centralized system for ag loans and other commercial and consumer loans. . Limit data entry to a single point. Instead of a staff member keying in data from a paper application or another system, the ag borrower keys it in initially. download whitepaper.

Lending 195

Lending Analysis System Data 195

PYMNTS

MAY 16, 2019

Death, taxes and data breaches – those are perhaps the only sure things in life, and new evidence is emerging that hackers are finding increasing profit in targeting online retailers. The company said partial credit card info “may have been browsed,” but that there is “no possibility of leakage” in credit card security codes.

Retail 218

Retail Online Cards Data 218

PYMNTS

SEPTEMBER 18, 2018

Discussions about ID theft often involve hackers and cyberattacks gaining access to consumer and payment data. The agency said that the person behind the operation, Katrina Moore, “promoted the sale of a variety of financial documents on the website she operated, FakePayStubOnline.com. But action from the U.S.

Taxes 134

Taxes Fraud Operations Security 134

PYMNTS

MARCH 23, 2020

It’s too soon to tell how the coronavirus crisis will impact corporates’ financial and payment operations, but while analysts continue to raise the alert about consumer payments fraud, the risk of B2B payments fraud persists, particularly as more employees work from home.

Philadelphia 178

Philadelphia Fraud Taxes Survey 178

PYMNTS

MARCH 26, 2018

Complex tax law has been linked to the rise in eInvoicing in B2B commerce, according to Julie Park, managing director of VAT and customs duty at The VAT Consultancy. She pointed to Latin America , which enacted some of the world’s first eInvoicing mandates for the purposes of tax rule enforcement.

Taxes 102

Taxes Fraud Compliance Regulation 102

PYMNTS

MARCH 18, 2019

Increasingly, the corporate back office has embraced API connectivity to achieve seamless data integration across various financial platforms. However, he told PYMNTS in a recent interview, for service providers to embrace that position in protecting finances and supporting employees, they must acknowledge who owns payroll data.

Training 160

Training Fraud Data Security 160

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

DECEMBER 9, 2020

The ongoing pandemic poses challenges that have amplified businesses’ need to digitize their payment operations. data entry into our general ledger accounting system,” he explained. These benefits can significantly help streamline operations and can even prevent excessive spending. Budgeting With Real-Time Data.

Cards 155

Cards Management Tools Payments 155

PYMNTS

DECEMBER 10, 2020

the ability to send secure funds to 12 countries in Africa for a reduced fee, while Volante Technologies Inc. Plus, HM Treasury is seeking input on the challenges that the sharing economy brings for value-added tax (VAT). and Europe the ability to send secure funds to 12 nations in Africa for a reduced charge. Canada, U.K.

Payments 178

Payments Google Technology Taxes 178