PYMNTS

NOVEMBER 8, 2020

Authorities in the Philippines are probing a law office and tour operator for potential connections to Wirecard , the payments provider disgraced after a global scandal, and Jan Marsalek , its former chief operating officer who has been on the run for the past several months, according to the Financial Times (FT).

Regional 233

Regional Operations National Payments 233

PYMNTS

OCTOBER 12, 2020

FlowBank achieved its banking license in July of this year, and has planned to launch operations by the end of the year. The tech will enable FlowBank to quickly launch a new service for investing intended for private and institutional investors in the Switzerland region, the release says.

Software 217

Software Regional Digital Banking US 217

South State Correspondent

AUGUST 21, 2022

Meet Competitive Pressures: National and larger regional banks are specifically targeting better borrowers for seven, ten, or 20-year fixed-rate loans. The first decision a community bank must make in choosing a hedging program is if they will subject their commercial customers to ISDA documents.

How To 195

How To Community Bank Community FDIC 195

PYMNTS

NOVEMBER 12, 2020

Morgan , the successful treasury transformation in the Asia Pacific region hinges on digitization — and not simply electronification. There’s a difference, one that transcends simply rendering documents into data files. The legacy of manual payment modes is one factor behind the acceleration.

Innovation 295

Innovation Regional Data Payments 295

PYMNTS

MARCH 20, 2020

There won’t be any need for documents or collateral to get the loans, the paper said. However, the applicants will have to allow Cainiao to provide things like inventory information and operational status to HSBC for analysis. “We Eight virtual banks are starting operations this year. The competition will be keen.

Big Data 203

Big Data Lending Regional Operations 203

PYMNTS

NOVEMBER 20, 2020

News came this week that a (virtual) meeting between regulators and Big Tech – which would center on draft proposals that might impact their very operations on the Continent –has been postponed briefly from Nov. For Big Tech, there’s just a hint of a bit of a reprieve in Europe. 24 to Dec 2. Public consultation on the act ended in September.

Policies 260

Policies Google Apple Regulation 260

PYMNTS

DECEMBER 11, 2019

10), Craig Moore, CEO of business financing platform Beehive , not only made the case for more P2P lending in the Middle East (the company is based in the United Arab Emirates), but also gave a larger view of the FinTech situation in that region as a new decade dawns. No matter what, FinTech seems a very good bet in this region of the world.

Fintech 144

Fintech Lending Regional Regulation 144

PYMNTS

MARCH 13, 2020

These difficulties also affect many individuals from regions where official proofs of identity are never issued the first place. The World Bank estimated that one billion people lacked formal identity documents as of 2018.

Mobile 158

Mobile blockchain Regional Data 158

PYMNTS

MAY 22, 2020

But there have been gaps along with the pivot, where paper- and courier-based documents have held sway, and where signatures are required to get things done as companies and individuals interact with their financial institutions (FIs). Now, said Bose, “even the tiniest bit of analog” can disrupt operations. The Journey.

Operations 233

Operations Data Digital Banking Management 233

PYMNTS

FEBRUARY 12, 2020

By enriching our O2C solution with online payment, we increase businesses’ operating efficiencies and help them get paid faster, particularly in the collections process. “Stripe’s PCI Service Provider Level 1 certified solution offers the stringent payment protection our customers worldwide expect.

Payments 174

Payments Customer Experience Regional America 174

PYMNTS

JUNE 17, 2020

The military’s need for tracking its multi-part, expensive operations has only increased with the introduction of 3D printing, according to Coindesk. The goal of using blockchain is to hopefully cultivate a reliable source of information, documenting every data point necessary to keep track of the supply chain.

blockchain 132

blockchain Fraud Indiana Bitcoin 132

PYMNTS

DECEMBER 15, 2020

The Digital Shift Report examines the various ways that businesses are updating and automating their transaction methods as they cope with the challenges of operating during a global crisis. A recent report found roughly 38 percent of workers in the Asia-Pacific region having to undergo manual reimbursement request processes, for example.

Cards 267

Cards Payments Leadership Report 267

PYMNTS

AUGUST 30, 2019

The moves are designed to further last-mile operations in Latin America. Headquartered in Bogotá, Colombia, Cargex has operations in Bogotá, Medellin, Cartagena, Buenaventura and Santa Marta. Upon closing, said FedEx, Cargex would operate as a subsidiary of FedEx Logistics. Financial terms were not disclosed.

America 112

America Miami Regional Operations 112

PYMNTS

MAY 17, 2018

Regional lender in Japan, Suruga Bank , apologized this week and admitted that staff may have knowingly processed loan documents that were falsified for a struggling property investment scheme, adding to the list of corporate scandals plaguing the country, reports in Bloomberg said.

Compliance 108

Compliance Lending National Fraud 108

PYMNTS

OCTOBER 6, 2020

Banks are good at creating pain points by making customers sign several forms and documents, Dimon told Sibos attendees. “We unveiled its next generation of operating software for ATMs, designed to integrate the now decades-old cash-dispensing machines into the digital age. We've got to do more of it.”. On Monday (Oct. 5) NCR Corp.

Digital Banking 256

Digital Banking ATM Mobile Atlanta 256

PYMNTS

DECEMBER 10, 2020

The ministry wrote in a document titled “ VAT and the Sharing Economy: Call for Evidence” that many sharing economy platforms appear to take on a number of the roles of a traditional principal without taking on the associated VAT liability. “As UK Gov’t Asks For Input On VAT Challenges Created By The Sharing Economy.

Payments 178

Payments Google Technology Taxes 178

Gonzobanker

NOVEMBER 2, 2023

In the throes of managing balance sheets and loan portfolios and at the same time executing daily “run the bank” operations, bankers are faced with the need to continuously develop new customer experiences and scale enterprise capabilities. And, quite frankly, they’re struggling.

Leadership 155

Leadership Industry Management Resources 155

PYMNTS

FEBRUARY 14, 2020

directive has its challenges in a world where, so far, there are no global or even regional standards as to what data can be collected to create, maintain or verify identities. The challenges are illuminated in especially stark relief in developing economies where some of the most basic official documentation may be lacking.

How To 205

How To National Data Fraud 205

PYMNTS

MARCH 4, 2019

Nordea, the biggest bank in the Nordic region, is being accused of handling millions of dollars in suspicious transactions for several years. The report noted that back in October Nordic financial regulators said they were handed documents from Hermitage Capital that accused Nordea of breaking the rules under anti-money laundering laws.

Virgin Islands 116

Virgin Islands Taxes Regulation Regional 116

PYMNTS

JUNE 20, 2016

Expense management is scaling globally, literally, as Chrome River is opening an office in the Asia-Pacific region. Roy told PYMNTS that the region has specific payments and expense management considerations that extend, for example, to Australia’s goods and services tax. Eventual expansion could possibly include Japan and China.

San Francisco 101

San Francisco Regional Taxes Software 101

Perficient

JANUARY 11, 2021

In our direct inward dialing (DID) system, we use cloud services like Amazon DynamoDB, AWS Lambda, Simple Notification Service, and Simple Email Service to implement serverless patterns that reduce the operational complexity of running and managing applications. Amazon DynamoDB.

System 309

System Management Training Conference 309

PYMNTS

MARCH 6, 2019

For instance, the ability to transfer data and various assets can help firms keep track of, and improve, operations. Yet, corporate finance especially is “operating, more or less, the same [way] it has for 20 years prior. Much of the operations are limited by the time zone/region and cutoff times for various markets,” he said.

blockchain 189

blockchain Management Data User Experience 189

PYMNTS

MAY 5, 2019

The New York State Attorney General ( NYAG ) Letitia James wants to see documents regarding an alleged deal made between cryptocurrency exchange Bitfinex and stablecoin operator Tether that “misled their clients and investors.”. Mr. Kitao comes at a perfect time for Ripple as we look to deepen our customer base in Asia and beyond.”.

Bitcoin 136

Bitcoin blockchain Massachusetts New York 136

PYMNTS

DECEMBER 4, 2018

The platform could, for instance, help cars navigate: According to GM Global Technology Operations LLC in the patent application, “It is desirable to provide locations, information and densities of vehicles in regions in an online blockchain ledger for interoperable information-sharing between vehicles of participants for use in navigating routes.”

blockchain 148

blockchain Bitcoin Guidelines New York 148

FICO

DECEMBER 2, 2020

In December of last year, the Malaysian National Bank, Bank Negara, issued a consultation document about their intention to allow eKYC in the applications process for a wide range of financial products. Not meeting these expectations could be costly. eKYC Malaysia – digital transformation success.

Survey 72

Survey Regional Compliance Fraud 72

PYMNTS

JULY 25, 2019

This goes for everything from know your customer (KYC) and anti-money laundering (AML) laws, to other requirements addressing issues like sourcing materials from conflicted regions or using hazardous materials in consumer products. It’s probably not going to be the data you need — it’s probably going to be some summary documentation.

Compliance 100

Compliance Regulation Data Regional 100

Ublocal

JUNE 5, 2023

Below is a list of the core requirements: Must be an operating business, organized for profit Located in the U.S. and primarily operating in the U.S. So, what are SBA lenders looking for in your business plan and financial documents? Pay taxes to the U.S. Sole proprietors can provide their Schedule C.

New Hampshire 98

New Hampshire Vermont Resources Taxes 98

PYMNTS

MARCH 11, 2020

Fully functioning PayFacs, by way of contrast, effectively become their own payments company, with all of those aforementioned operations managed in-house. That paves the way for alternative payment methods, spanning Apple Pay or PayPal , for example, or local payment methods preferred across far-flung regions and currencies.

Payments 132

Payments Software United States Branding 132

PYMNTS

MARCH 5, 2019

“You have Barnes & Noble, Borders and regional bookstores. “You have Barnes & Noble, Borders and regional bookstores. That’s in stark contrast to the “front office” operations of the sector, according to analysis by DNV GL, an oil and gas industry advisory firm. ”

Industry 148

Industry Operations Analysis Innovation 148

PYMNTS

JANUARY 27, 2020

New analysis from Bank Info Security , for instance, revealed that BEC scammers have begun to target corporates’ financial documents from accounts receivable departments to identify unpaid invoices, as well as information regarding Days Sales Outstanding and clients.

Fraud 178

Fraud Analysis Cards Texas 178

PYMNTS

MARCH 11, 2020

Keeping everything safe when operating globally is challenging because there’s no one-size-fits-all profile for a risky transaction or suspicious company, however. In this month’s Feature Story, Sketcher explains strategies for a better understanding of transaction risks and thwarting fraud in different sectors and regions.

Fraud 150

Fraud Payments Guidelines Regulation 150

PYMNTS

NOVEMBER 4, 2020

In particular, FLEETCOR is looking for companies to strengthen its position in the fuel, tolls, lodging, and payables spaces, and for companies operating in new regions. The issuance of a letter of credit (LC) involves significant amounts of documentation and takes as long as a week. 3) announcement.

Fintech 148

Fintech Atlanta blockchain Payments 148

PYMNTS

APRIL 22, 2020

billion deal on Tuesday (April 21) for a minority stake in Indian telecom startup Reliance Jio, giving the social media giant a larger foothold in the region. Maven had already began winding down the number of cities in which it operated, shutting down in major markets like Boston, Chicago and New York City. Facebook closed a $5.7

New York City 132

New York City social media Boston Chicago 132

PYMNTS

NOVEMBER 11, 2019

He noted the example of the Asia Pacific region, where consumers buy from more than 30 million stores, compared to only one million in North America, where relatively more commerce takes place online. The imaging technology can digitize paper-based documents such as documents and receipts.

Payments 100

Payments Regional Mobile America 100

PYMNTS

NOVEMBER 27, 2018

Nissan operates with 2,703 suppliers, according to researchers at Japan-based Teikoku Databank (TDB). Earlier this year regional lender Suruga Bank issued an apology in a scandal related to falsified documents in its property investment scheme, while Mitsubishi Materials, Kobe Steel and Toshiba have also been hit by recent scandals.

Regional 115

Regional Report Software Operations 115

PYMNTS

JULY 29, 2016

A Cabinet document laid out the guidelines for registrations, fares, employment of drivers and how much they should get paid. Didi has operations in around 400 of China’s cities and completed 1.4 The new rules issued by the Chinese government are welcome news to the ridesharing startups. billion rides last year. The company raised $7.3

Guidelines 100

Guidelines Industry Regional Operations 100

PYMNTS

OCTOBER 24, 2018

For Tern Commerce, clearing those hurdles previously meant manually reviewing identity documents and other credentials, which is both expensive and time-consuming. We’re onboarding companies from 100 different countries … and for all our reloadable accounts, we require document uploads,” Bonkowski said.

Fraud 166

Fraud Cards Online Data 166