PYMNTS

JUNE 4, 2020

The share of B2B transactions conducted via check has fallen 50 percent since 2004 and hit an all-time low of 42 percent last September, for example. Ensuring such payments are secure from bad actors is a priority for the banks that process them. API security. Benefits Of APIs .

Security 151

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PYMNTS

SEPTEMBER 28, 2020

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. Smooth B2B operations depend on robust data gathering, but many companies rely on manual methods to collect information and complete supplier enrollment.

Data 166

Data Management Taxes Meeting 166

Cisco

APRIL 26, 2022

Some familiar examples are receiving banking fraud alerts on mobile devices, submitting photos for insurance adjustments, or using robo-advisors for investment decisions. Their goal is to move beyond tax-related services to deliver a holistic financial services platform to small businesses and their employees, inclusive of banking services.

Big Data 147

Big Data Data Analytics Examples 147

PYMNTS

MAY 8, 2020

Consumers sitting down to bet through their computers or phones likely do not want to receive winnings via checks and expect effortless digital payments — even with online gambling platforms’ security measures ensuring winners are properly verified. million in March 2020 from $67.5 million in March 2019. Casinos in the U.S.

Online 176

Online Industry New Jersey Pennsylvania 176

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

Abrigo

JANUARY 6, 2017

To be certain, many accountants could make a full-time job out of simply trying to understand the various types of technology that can make their personal lives easier and their practices more profitable and secure. In auditing, for example, there’s a lot of inefficiency in gathering the audit evidence.

Trends 218

Trends blockchain Taxes Survey 218

South State Correspondent

OCTOBER 4, 2022

Example of Future Path of Interest Rates. Below is an example of a graph in which Neil shows his borrowers where short-term interest rates have been from 1985 to the present (blue line) and where the futures market believes interest rates will be for the next ten years (dotted red line).

How To 195

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PYMNTS

DECEMBER 9, 2020

The ongoing pandemic poses challenges that have amplified businesses’ need to digitize their payment operations. These benefits can significantly help streamline operations and can even prevent excessive spending. If we create a virtual card that has its own unique card number, unique security code and expiration date.

Cards 155

Cards Management Tools Payments 155

PYMNTS

MARCH 26, 2018

Take the market’s VAT legislation, for example. 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. Tax fraud is a massive threat of corporates. You must have secure ways to transfer data through encryption.

Taxes 102

Taxes Fraud Compliance Regulation 102

Bobsguide

SEPTEMBER 5, 2022

So how can financial services operators build trust in this digital age? Italian retail bank, Banca Carige, for example, has ‘digital branches’ that allow customers to conduct basic banking activities independently through remote workstations. Another factor to consider is enhancing security.

Video 97

Video Digital Strategies Digital Banking Security 97

PYMNTS

JUNE 29, 2020

We cannot lift the restrictions without reassuring ourselves that the firm has been able to satisfy all our concerns, for example that all clients’ money is safe,” the Financial Conduct Authority (FCA) said in a statement. “We The United Kingdom’s regulatory authority said Wirecard AG was correcting issues raised by the $2.1

Taxes 223

Taxes Report Financial Technology Digital Banking 223

PYMNTS

APRIL 3, 2020

There is a lot to consider, said Manish Vrishaketu, chief operating officer at supplier payments automation firm Tipalti , from vendor onboarding processes to tax compliance across borders. A Payments Balancing Act. “We started out with spreadsheets just like everybody else,” he said.

Taxes 131

Taxes Compliance Payments Data 131

PYMNTS

MARCH 27, 2020

Payments Initiation, which is enabled by PSD2, is driving the adoption of Open Banking” in the business banking and payments space, she told PYMNTS, pointing to the benefits of lower transaction fees, speed and elevated security as key drivers of adoption. Each one of these factors provides tangible benefits to businesses.”.

Payments 151

Payments Innovation Security Guidelines 151

PYMNTS

SEPTEMBER 7, 2016

So goes the recent heated discourse on Go-Ahead , which owns Southern rail operator Govia Thameslink Railway and which has reported a 27 percent increase in profits, reaching £100 million. This example of a dysfunctional franchise has been followed by an announcement that the U.K. rail system?

Training 100

Training Operations System Mobile 100

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. "Bad Take the electronic invoice, for example. The goal of increasing operational efficiency is universal.".

Compliance 157

Compliance Taxes Industry Data 157

PYMNTS

MARCH 12, 2020

Six men were convicted by a Paris court in a $50 million impersonation plot that conned wealthy residents into giving money to help the government with covert operations involving hostages, The New York Times reported on Thursday (March 11). The victims were told that the operation was secret and time-sensitive. million fine.

New York 141

New York Video Fraud Taxes 141

TrustBank

APRIL 26, 2021

The Washington Long-Term Care Program is the nation's first public state-operated long term care insurance program. percent payroll tax on all employee wages, beginning January 1, 2022. Is There a Cap on the Amount of Wages That Are Taxed? Which Employees Are Subject to Tax/Premium Collections? 04, will be funded by a 0.58

Washington 64

Washington Taxes Idaho Oregon 64

PYMNTS

FEBRUARY 18, 2019

which the institution plans to deploy in its corporate payments operation. Indeed, what will drive crypto adoption, Chell told PYMNTS, is in the technology’s ability to reduce payments friction, and integrate compliance and security. BitRail doesn’t yet operate in the B2B payments space.

cryptocurrency 175

cryptocurrency Payments blockchain Compliance 175

PYMNTS

DECEMBER 21, 2020

The company’s core business is to enable businesses to access payment or collection of major expenses using credit cards where cards are not accepted, such as to pay rent, tax, invoices and payroll. That option, which extends to commercial cards , is being presented by Singapore-based CardUp. That slows down onboarding and adoption.

Cards 175

Cards Payments Tools Examples 175

Abrigo

SEPTEMBER 26, 2017

Make it easier to communicate Cloud-based technology provides secure portals for clients to provide and access confidential documents without the need for emails or paper. All of these efficiency gains stemming from communication can help the practice operate more efficiently and grow.

Technology 150

Technology eBook Taxes Meeting 150

PYMNTS

MARCH 9, 2020

Offering an example of the evolving sophistication, the FBI pointed to new spins on the BEC, with one of the most recent involving scammers not mimicking suppliers or corporate executives, but a company’s own CEO to steal funds from the payroll department.

San Diego 141

San Diego Fraud New York Report 141

Abrigo

FEBRUARY 23, 2023

At the same time, asset-based liquidity options at some community banks have been constrained by large unrealized losses in available-for-sale securities. The best lending software for small banks, for example, is flexible enough that it can be customer-facing for only those product types the bank chooses. The result?

Community Bank 195

Community Bank Kansas City Community Lending 195

PYMNTS

MAY 11, 2018

UPbit services, such as all transactions and withdrawals, are operating normally. Your assets are kept securely in your account.” UPbit wrote on its website , according to a Google translation, that it “is currently under investigation by prosecution, and we are [cooperating] diligently.

Bitcoin 101

Bitcoin cryptocurrency Comparison Taxes 101

South State Correspondent

JULY 5, 2022

In a stagflation environment, as interest rates rise and cash flow (earnings before interest, taxes, depreciation, and amortization (EBITDA), or net operating income (NOI)) decreases, the borrower’s capacity to service debt as measured by the debt service coverage ratio (DSCR) decreases rapidly.

Management 195

Management Capital US Community Bank 195

PYMNTS

DECEMBER 12, 2019

A lack of standardization and infrastructure capabilities makes connectivity difficult for a supplier — for example, a hotel group — trying to integrate its inventory (room) availability to a distributor, so that the distributor can facilitate online bookings. One of the largest disruptors in this area is the virtual card.

Payments 136

Payments Cards Industry Marketing 136

PYMNTS

FEBRUARY 8, 2019

billion tax charge, and adjusted earnings per share (EPS) came in at $.19. CEO Matt Maloney said the company expects first quarter adjusted earnings before interest, tax, depreciation and amortization (EBITDA) to be between $40 million and $50 million, and for the full year to be between $235 million and $265 million. million or $.06

Taxes 148

Taxes Marketing Online Report 148

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.” In one example, a FinTech with roots in the U.K.

United States 110

United States social media Arizona cryptocurrency 110

PYMNTS

APRIL 14, 2017

For example, some fake accounts perform normal user activities such as logging in, updating a profile, following other users, etc., Unlike mass-registered fake accounts, they contain valuable information such as financial data, and their activities are less likely to raise the suspicion of security solutions.

Fraud 112

Fraud Online Big Data Taxes 112

PYMNTS

APRIL 19, 2019

payroll processing company Payescape , said this area of the back office may have a larger influence on how accountants operate than some may believe. That’s particularly true when it comes to compliance and data security. The EU’s General Data Protection Regulation (GDPR) is a prime example, said Jones. In the U.K.,

Innovation 154

Innovation Compliance Technology Resources 154

PYMNTS

AUGUST 5, 2019

Whether those allegations are proven true or not, the case at least provides an example of some of the risks and problems that can occur, and challenges faced by legitimate companies determined to stay firmly on the right side of the law. According to a new lawsuit, though, one company allegedly found a way around that. The good news?

Company 163

Company Payments Fraud Meeting 163

PYMNTS

JUNE 26, 2020

Large and small firms’ operations have been thoroughly disrupted by the past months’ events. Some firms already had digital tools and platforms in place to streamline their payroll operations, but many others have had to scramble to adapt to these new realities. On-demand payment options may take on special urgency for such workers.

Tools 130

Tools Cards United States Innovation 130

PYMNTS

JANUARY 8, 2020

This is about being able to recognize their revenue and accounts receivable faster and more securely,” he said, “and give them the opportunity to not have a legacy system in place for accounts receivable, where you send out a bill.”.

Mobile 141

Mobile Payments Data Technology 141

PYMNTS

DECEMBER 11, 2019

It is clear that as an industry we could do more to assure businesses of the security measures in place and demonstrate the tangible benefits of open banking and connected technology,” he added. Cash flow remains the No. 1 reason for small business failure, and with half of businesses that start in the U.K. Penta Integrates SumUp’s POS.

Fintech 132

Fintech Groups Data Strategy 132

PYMNTS

MARCH 5, 2018

Securities and Exchange Commission issued scores of subpoenas and Requests for Information (RFIs) focused on initial coin offerings (ICOs). game have been drawing increased scrutiny from regulators … everyone from exchange operators to miners. That last word, security, is the rub. On the one hand, the move is hardly unexpected.

Bitcoin 123

Bitcoin cryptocurrency Regulation Course 123

PYMNTS

MAY 25, 2016

in the 1950s, for example, to today, only about 12 percent of Fortune 500 companies from the decade remain in 2016, the executive said to demonstrate her point. InvoiceSmash, for example, was introduced this month with an emphasis on accelerating invoice processing times. ” When one compares the economic landscape of the U.S.

Big Data 117

Big Data Data Operations Analytics 117

PYMNTS

FEBRUARY 8, 2019

billion tax charge, and adjusted earnings per share (EPS) came in at $.19. CEO Matt Maloney said the company expects first quarter adjusted earnings before interest, tax, depreciation and amortization (EBITDA) to be between $40 million and $50 million, and for the full year to be between $235 million and $265 million. million or $.06

Taxes 100

Taxes Marketing Online Report 100

Insights on Business

JULY 20, 2017

The first phase of the UK Open Banking initiative is an example of initiatives that are targeting this space. It also creates its own products and has its own back-office operations. They are the mechanism that banks use to exchange customer data with other parties in a simple and secure way. The mobile payments hub. Next steps.

Fintech 181

Fintech Mobile Examples Data 181