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.

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PYMNTS

JANUARY 9, 2020

Many industry players are touting the ability to use analytics and automation technology to handle mundane, time-consuming tasks, freeing up resources for accountants to take on more advisory roles. After all, just because data is digital, that doesn’t mean it’s easily accessible or analyzed. Data Integration Opportunities.

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PYMNTS

MARCH 13, 2017

The average small business considers itself a “moderate” user of technology, according to the PYMNTS.com SMB Technology Adoption Index. 70 percent of SMEs didn’t use tax software in 2016 , found Office Depot in its most recent Small Business Index survey. Only 13 percent say they’re willing to jump on the innovation bandwagon.

Financial Technology 127

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PYMNTS

AUGUST 1, 2018

A new survey from K2E Canada suggests small business accountants understand that technological disruption is a major challenge, yet few are addressing the issue. Specifically, workflow management is the area in which technology may be most disruptive for the profession in the coming years.

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PYMNTS

JUNE 21, 2018

States can collect sales taxes from online retailers thanks to a U.S. The 5-4 decision essentially overturns the court’s 1992 ruling that states can collect sales taxes only from retailers that maintain a physical presence in those states. billion in tax revenue in 2017,” according to the report. retail sales.

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Abrigo

MAY 30, 2017

The answer to this staffing problem is technology that streamlines and automates as many tasks at the institution as possible. By implementing automation technology each staff member can increase their productivity to get more done with the existing staff. This is doubly true when hiring additional staff can take several months.

Technology 150

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PYMNTS

DECEMBER 19, 2019

FinTech and automation technology have cast a shadow of anxiety on the accounting industry in recent years, as certified public accountants (CPAs) began to wonder whether their jobs would be replaced entirely by robots. CPAs and their accounting firms often operate on the traditional nine-to-five schedule, closing at night and on weekends.

Data 133

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PYMNTS

JULY 26, 2018

Finally, Sovos is augmenting its corporate tax compliance software offering with Tipalti’s tools. ” Sovos Global Vice President of Alliances Andrew Chi said the collaboration with Tipalti is part of its response to the digitization of government operations, including tax and compliance.

Technology 102

Technology Taxes Fintech Compliance 102

PYMNTS

APRIL 4, 2018

The rise of new technology has dramatically altered the traditional nature of payments, allowing gig workers and full-time workers faster access to their earnings while enabling businesses and banks to move funds more quickly across international borders. How Smarter Payments are Enabling Instant Tax Refunds. About the Tracker .

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PYMNTS

SEPTEMBER 27, 2019

House Committee on Financial Services Task Force on Financial Technology held a hearing to talk about the FedNow development and its U.S. 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. Uber Turns App Into ‘Everyday Operating System’.

Data 122

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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

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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

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

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PYMNTS

FEBRUARY 23, 2020

Intuit is known for making online tax filing service TurboTax, which is used by millions of people. Credit Karma offers a number of services including free access to one’s credit score and borrowing history, alerts to potential data breaches, and tax preparation and filing. Intuit is valued at around $77 billion.

Report 180

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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

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. . A ‘Diaper’ By Any Other Tax Code: The Complexities Of Selling Across State Tax Laws. Gov’t Fights States’ Bid To Block Sprint, T-Mobile Merger Saying Move Would Slow 5G.

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Jeff For Banks

NOVEMBER 4, 2022

Even though they pay no federal corporate income taxes? Or in the form of better technology. I don't have the data or CU by CU analysis to make a definitive BS call, but let's say I'm skeptical. So why is their profitability in the form of Return on Average Assets ("ROA") noticeably and consistently inferior to banks?

Operations 78

Operations Analysis Capital Community 78

PYMNTS

DECEMBER 7, 2020

Most are encouraging employees to work from home while also moving their back-office operations online, and payments operations are no exception. The benefits of using digital B2B payments solutions extend far beyond their ability to support a decentralized workforce. RLJ Financial On Managing B2B Spend With Virtual Cards.

Management 268

Management Cards Company Innovation 268

PYMNTS

JUNE 1, 2020

EY said the transaction would bolster the ability of its teams to keep offering exporters and importers “operational efficiencies” via integration, automation and collaboration offerings that allow for the “seamless sharing” of data, according to an announcement.

United States 131

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Abrigo

JANUARY 6, 2017

Ellison-Taylor, chairman of the AICPA , recently noted that technology tops her list of the most important trends shaping 2017 because it will drive so many of the profession’s opportunities and challenges in the year ahead. But how are accountants supposed to keep up with all of the technological trends ?

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Perficient

JULY 27, 2020

Easily found by leveraging Google Analytics or a comparable platform, this information can provide a look back at some historical data from the previous year, enabling you to compare that with a more specific timeframe from 2020. People / Process / Technology. People – Do you have the dedicated employees to staff a B2C operation?

Analytics 332

Analytics Technology Strategy Taxes 332

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

PYMNTS

AUGUST 3, 2016

Thomson Reuters is joining a consortium that includes some of the largest financial institutions around the world working to determine how to use blockchain technology in global financial markets. Blockchain technology is behind bitcoin, the popular digital currency, and enables data to be shared between a network of individual computers.

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PYMNTS

SEPTEMBER 7, 2020

Form3 , which works in cloud-native payment technology, will work with Countingup , the U.K.-based Form3's new service will offer real-time payments, bolstered by Countingup's modern tech which converts transactional data in real time and eliminates complex workflows, letting businesses manage finances and accounting more quickly.

Taxes 167

Taxes Innovation Software Technology 167

PYMNTS

AUGUST 16, 2019

Meanwhile, logistics, data analytics, and business travel technologies also won over investors. Kobo360 operates a freight technology platform, connecting truckers with businesses that need shipping services across the region. Below, PYMNTS breaks down the latest in B2B FinTech funding. ScaleFactor.

Fintech 179

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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. That being said, even when organizations do make the electronic data shift, these friction points don't magically disappear.

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. Vendor onboarding is a particularly large opportunity to not only save time on manual data entry, but to promote a strengthened buyer-supplier relationship from the very start.

Taxes 131

Taxes Compliance Payments Data 131

PYMNTS

MARCH 1, 2018

The package must include the laundry list of financial records lenders want to review: balance sheets and financial statements, bank statements, tax returns, accounts payable and receivable and details about the vendors on those lists, as well as details about outstanding loans and tax returns. Data in Context.

Data 101

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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). Volante Technologies Accelerates Market Convergence For Santiago Exchange. Volante Technologies Inc.,

Payments 178

Payments Google Technology Taxes 178

PYMNTS

JANUARY 27, 2020

The volume and frequency of money and data in typical business practices continue to increase, yet some businesses are still using manual, paper-based expense reporting systems that can lead to costly mistakes. How Business And Their Workers Can Avoid Frustrating Tax Mistakes. The Latest Workforce Spend Headlines. About The Playbook.

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PYMNTS

JANUARY 29, 2018

Here are the numbers: $10,000 | The psychological barrier threshold associated with bitcoin and cryptocurrency prices, particularly amid raids on suspect operators, tax rates in South Korea and hacks of crypto exchanges. 750 | Number of online merchants in the quarterly PYMNTS Checkout Conversion Index (CCI) merchant sample.

Data 110

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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

APRIL 15, 2020

The applications of artificial intelligence (AI) are manifold, and many feel that perhaps its most meaningful uses are in the healthcare field, where data can be a matter of life and death. healthcare operation in totally unexpected ways. Larger firms are particularly enthusiastic about the technology, as 55.6

Fraud 254

Fraud System Taxes Report 254

PYMNTS

OCTOBER 1, 2020

The process is made secure through the help of forensic security experts alongside advanced banking-grade digital technology. But increasingly sophisticated forgeries mean the technology to verify identities has to keep up, too. Since March, over 1 million GOV.UK Since March, over 1 million GOV.UK

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PYMNTS

FEBRUARY 21, 2019

For that, thank digital and mobile technologies, and the ability to analyze data in such a way as to find those seemingly small, but meaningful differences in the cost of driving throughout various locations. Beyond that, though, using the IRS rate can lead to unnecessary expenses, including tax-related ones, for employers.

Taxes 128

Taxes San Francisco New York City Case Study 128

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

AUGUST 13, 2018

WeChat , an online messaging service operated by Chinese technology conglomerate Tencent, is looking to enhance its ability to facilitate employee expense reimbursements, and reports said the firm is exploring blockchain as part of the effort. CoinDesk reported Friday (Aug. CoinDesk reported Friday (Aug.

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