Cisco

APRIL 26, 2022

The future of financial services will be shaped by the ability of financial institutions to extract and deliver more customer value from data. The convergence of mobile, cloud, and IoT technologies continues to create new opportunities for institutions to deliver personalized and contextual financial services. What Lies Ahead.

Big Data 143

Big Data Data Analytics Examples 143

PYMNTS

JANUARY 2, 2020

The largest accounting firms – EY, Deloitte, KPMG and PwC – are investing billions of dollars in artificial intelligence (AI) and data technology products to change the industry in new ways, according to a report by Bloomberg Tax. We are a professional services firm, but technology is core to our future.”.

Data 179

Data Training Technology Taxes 179

PYMNTS

FEBRUARY 24, 2020

In Europe, the continued evolution of data policies and regulation now point toward a single market across the Continent. As reported mid week, the European Commission is planning a single European market for data , in hopes that by pooling talent, the region can compete with Big Tech in Silicon Valley and China.

Data 130

Data Marketing Taxes Regulation 130

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

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 171

Taxes Guidelines Maine Regional 171

Abrigo

OCTOBER 22, 2015

Financial statements, tax returns, collateral appraisals, rent rolls, loan agreements, economic data, credit reports, images, etc. all factor into credit decisions, making document and data management a big deal for bankers. Accessibility. This concept has come up repeatedly in the context of preparing for the FASB’s CECL model.

Data 150

Data Software Security Taxes 150

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.

Taxes 100

Taxes Report System blockchain 100

PYMNTS

JUNE 13, 2019

Digital identification technology continues to advance, bringing both benefits and drawbacks. billion digital records in the United States were compromised during the first half of 2018 – 291 records every second – with only six social media breaches accounting for more than half of all at-risk data. The Drawbacks of Complex Security.

Security 129

Security blockchain San Francisco United States 129

PYMNTS

JANUARY 26, 2018

And lest you think changes in tax policy sow confusion only in the United States, think again. Bitcoin breeched a key psychological barrier on news that the South Korean government would tax income earned by virtual currency exchanges to the tune of 24.2 This past week saw a wild ride. Crossing borders and crossing the Rubicon.

Bitcoin 123

Bitcoin Taxes cryptocurrency Regulation 123

South State Correspondent

APRIL 4, 2024

The relationship between federal deficits and interest rates may depend on many complex factors, such as: whether tax rate changes, money supply changes, government spending changes, or political and economic stability worldwide accompany the deficits. With time, these changes will only amplify.

Risk Management 195

Risk Management Community Bank Policies Community 195

PYMNTS

JANUARY 22, 2020

India is on the verge of passing a data protection law in 2020 that, in some respects, mirrors – and may help inform – other initiatives around the globe. And those same individuals can request that their data is erased. This means data cannot be retrieved, shared or even transferred by the aggregator without that consent.

Data 141

Data Payments Regulation System 141

PYMNTS

JANUARY 16, 2019

The CBA pilots, as reported by CoinDesk and other sites, were tied to the issuance of letters of credit and securities. The CBA said it will look to include smaller and mid-sized banks on the platform, with eventual additions of tax agencies and customs activities to the platform.

blockchain 206

blockchain Taxes Security Survey 206

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

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

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

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

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

JUNE 9, 2019

Reuters reported Lagarde said that technology companies’ use of big data and AI i ncreases big tech companies’ dominance in the mobile payments market, which could result in policymakers around the world rethinking how they regulate the banking system and how they ensure financial settlements are made safely and securely. “A

Industry 190

Industry Big Data Fintech Taxes 190

PYMNTS

APRIL 17, 2018

Mastercard has filed a patent that reveals it might utilize blockchain as a way to protect identity data. Patent and Trademark Office last week, describes how a semi-private or private blockchain could be used to receive and store identity data, including a “name, a street address, tax identification number” and more.

blockchain 130

blockchain Data Bitcoin Taxes 130

PYMNTS

AUGUST 2, 2019

Data storage firm Seagate revealed that it has moved its anti-fraud blockchain project with IBM into the pilot stage. The technology could also be used to verify that any returned drives have undergone a “certified erase” process to remove any user data.

blockchain 148

blockchain Fraud Data Report 148

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. What Local Sales Tax Laws Mean for Tobacco eSellers .

Data 122

Data North Carolina Kansas City Payments 122

PYMNTS

DECEMBER 6, 2019

The past few years have seen contentious relationships between financial institutions (FIs) — particularly larger ones — and data aggregators. At a high level, FIs have been concerned about how data is used, accessed and monetized by these aggregators, as FinTech firms have made headway in providing apps and services.

Data 132

Data Fintech Meeting Taxes 132

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. . 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

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

SEPTEMBER 16, 2020

Cross-border payments technology company Payoneer debuted its Payoneer for Banks program last week, an initiative that provides financial institutions (FIs) and other service providers with infrastructure to send and receive global payments. Eedenbul Secures PSD2 License. Salt Edge To Automate SMB Data Aggregation For Deskera.

Taxes 141

Taxes Fintech Payments Security 141

PYMNTS

DECEMBER 1, 2017

But there is a clear common thread among the B2B startups that secured fresh funding this week: data analytics. Read below to explore the ways newly-funded firms are using the power of data analytics for their corporate customers. Blockchain. Artificial Intelligence. Artesian Solutions.

Analytics 118

Analytics blockchain Data Big Data 118

PYMNTS

JANUARY 24, 2019

Data and analytics company Ascension has suffered a data leak that exposed more than 24 million loan and mortgage documents from some of the country’s biggest banks. The database, which is believed to have been exposed for two weeks, was discovered by independent security researcher Bob Diachenko.

Taxes 155

Taxes New York Security Data 155

PYMNTS

DECEMBER 1, 2016

Disruptive, innovative technology can change markets in ways that could never have been predicted. The rise in Big Data, for instance, has encouraged the exploration of new ways to make use of digital payments data. Scott offered an example of why using payments data can be so useful.

Data 100

Data Cards Taxes Management 100

South State Correspondent

JANUARY 25, 2024

If instructions or data are not immediately available, the applications reason how to get the information most efficiently – either using other applications or asking the user. For example, the LAM will be secure and will have access to a user’s driver’s license, photo, tax records, and W-2s. LAMs also will be used internally.

Examples 370

Examples Security User Experience Data 370

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

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 ?

Trends 219

Trends blockchain Taxes Survey 219

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.

Payments 178

Payments Google Technology Taxes 178

PYMNTS

MARCH 18, 2020

Fraud is a perennial concern for quick-service restaurants (QSRs), and digital channels open ample new avenues for cybercrime, with hackers targeting restaurants for their cash, data and even customers’ loyalty points. Some cybercriminals are more interested in personal data than cash, however. com” flagged. .

Fraud 177

Fraud Training Data Taxes 177

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 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

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. ScaleFactor.

Fintech 179

Fintech Analytics Capital Lending 179