PYMNTS

APRIL 19, 2019

FinTech solutions — including those that have disrupted the payroll sphere — have automated key financial functions for small businesses, and, in many cases, have taken away the traditional workload of a small business accountant. This presents a few opportunities for the profession, Jones told PYMNTS in a recent interview. In the U.K.,

Innovation 154

Innovation Compliance Technology Resources 154

PYMNTS

JANUARY 16, 2020

Virginia-based FinTech firm Far Point closed a $2.6 billion merger deal with Switzerland’s tourism shopping tax refund company Global Blue , earning it a listing on the New York Stock Exchange (NYSE), the companies announced Thursday (Jan. Silver Lake and other owners will retain roughly 42 percent of the combined company.

Taxes 130

Taxes New York Virginia Leadership 130

PYMNTS

MARCH 2, 2018

and India drove a surge in FinTech venture capital funding in 2017, and Accenture Financial Services Senior Managing Director Julian Skan pointed to the B2B business model as a significant presence in this trend. Total venture capital across the global FinTech market between 2010 and 2017 hit a combined $97.7 Blockchain.

Fintech 118

Fintech Capital blockchain Lending 118

PYMNTS

DECEMBER 18, 2018

” Kepczyk described this market as the “wild west,” as more technologies and FinTech innovators enter the small business financial services space, not only to automate, but to provide deeper insights into company finances and enable predictive analytics involving too much data for one (human) accountant to manage. .”

Management 134

Management Fintech Tools Technology 134

PYMNTS

AUGUST 9, 2020

There will also be receipt managing sub-accounts for tax purposes, and other such perks. We are the only one to be able to do it in a time to market as Agora is coming from this world,” Lapiro said, according to the release. “By Community banks have been working to innovate through collaborations with FinTechs.

Tools 168

Tools Community Bank Community Taxes 168

PYMNTS

MAY 24, 2016

The fear that robots will replace humans in much of the world of financial services isn’t necessarily overstated or unfounded – but that doesn’t mean technology and innovation should be feared. “There are downsides to flying – people die every now and then. Do you want to stop using pills?”

Fintech 102

Fintech United States Training Taxes 102

PYMNTS

AUGUST 2, 2018

Trezeo , a FinTech startup that seeks to smooth out income for self-employed workers, is one of the innovators that call Dublin home. Charlon said that Dublin is an attractive place to FinTech firms for several reasons. For one, the country is in the European Union (EU), so there is easy access to the European market.

Fintech 101

Fintech Taxes Google Policies 101

PYMNTS

SEPTEMBER 16, 2020

PSD2 and open banking regulations were forged to accelerate competition in the financial services arena, and this week, a look at the latest initiatives reveals the opportunity for new market entrants to rival incumbents in the small business banking arena. Payoneer Debuts Program For Banks. "By Countingup Teams Up On SMB Solutions.

Taxes 141

Taxes Fintech Payments Security 141

PYMNTS

JUNE 14, 2019

GK Plug and Play Indonesia, Pandan Ventures and existing backers Draper Associates, Draper Venture Partners, IQ Capital and Mistletoe all participated in the Series A funding, which will be used to strengthen its secondary market offering and expand its presence throughout Asia and, later, Europe.

Fintech 129

Fintech Capital Management California 129

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. Europe is an epicenter for both regulatory shifts and FinTech innovation.

Taxes 102

Taxes Fraud Compliance Regulation 102

PYMNTS

MARCH 9, 2020

By teaming up with ezbob, we’ll be able to help our customers secure the finance they need in a matter of minutes, giving them the edge in today’s competitive market.”. And, in 2019, Metro Bank received £120 million from the bail-out fund of RBS to bring additional competition into the small business banking market.

Metro 142

Metro Lending Strategy Capital 142

PYMNTS

APRIL 30, 2018

In this world, the only things certain are death and taxes. And one that should be every innovator’s anthem: “ Well done is better than well said.”. Three things that today seem more like talk than truly transformative innovations. Then, there are the claims being made by innovators about its potential. Benjamin Franklin.

Fintech 183

Fintech blockchain Lending Digital Banking 183

PYMNTS

JUNE 18, 2019

The solution also automatically informs business owners when taxes must be paid and automatically calculates tax payments while generating reports for a user’s accountant. million in funding for its own payroll and tax services designed for large, multinational corporates that need to compensate staff in other markets.

Taxes 115

Taxes Resources Security Technology 115

PYMNTS

MARCH 13, 2017

Only 13 percent say they’re willing to jump on the innovation bandwagon. Clearly, there’s still a long way for SMEs to go before they fully embrace FinTech – and the latest research on the topic reinforces the notion that small businesses aren’t using technology the way some may have hoped. 37 percent of SMEs in the U.K.

Financial Technology 127

Financial Technology Technology social media Taxes 127

PYMNTS

SEPTEMBER 17, 2019

Square Launches SMB Tax ID Tool. Its purpose is to simplify the challenging EIN acquisition process to create a separate tax infrastructure for the business. trillion construction market can have long-ranging effects. Visa’s Kevin Phalen: Making The Case For B2B Payments’ Innovation Progress. Late payments in the $1.8

Payments 100

Payments Taxes Regulation Tools 100

PYMNTS

JANUARY 22, 2018

Expense management technology is now a saturated market, particularly for the small business space – which is notoriously difficult to serve, because they are too small for large, enterprise-grade solutions, but too large for consumer-specialized tools. “Some observers will define the market as $10 million in the top line to $1 billion.

Management 116

Management Compliance Taxes Marketing 116

Jessica Ellerm

FEBRUARY 11, 2018

But if you’re to have any hope of engaging the masses, that’s exactly what you’re going to need to do, especially if you’re a fintech business in the wealth creation space, going after the everyday consumer. This isn’t just a marketing problem. Fundamental wealth innovation must run deeper than technology.

Fintech 90

Fintech Innovation United States National 90

PYMNTS

DECEMBER 12, 2019

continues to take significant steps toward a faster payments ecosystem , the market undoubtedly lags behind others across the world in the path toward real-time payments ubiquity. unlike markets like the U.K. unlike markets like the U.K. requirements that FinTechs must obtain a bank charter to access payment rails directly.

Payments 181

Payments Regulation Marketing National 181

PYMNTS

OCTOBER 28, 2016

Vancouver is considered a magnet for talent – with lower costs of doing business, affordable healthcare, tax incentives, and a growing network of accelerators and support for startups. “Thanks to a first-class education system is graduating tomorrow’s tech leaders and innovators from top-caliber institutions and specialty schools.

Bitcoin 100

Bitcoin Taxes Innovation Fintech 100

PYMNTS

MARCH 16, 2018

But APIs can offer a different strategic advantage, especially to B2B FinTechs, according to A.J. Because APIs facilitate integration between two services, the technology allows FinTechs to innovate in their niche markets, rather than attempting to be a jack of all trades. “I

Risk Management 134

Risk Management Survey Management Fintech 134

PYMNTS

SEPTEMBER 26, 2018

Reports in CNBC said Davidson described the existing legislative framework in the cryptocurrency market as “sloppy,” and invited industry stakeholders to participate in the roundtable in an effort to “preempt a heavy-handed regulatory approach that could stall innovation and kill the U.S. ICO market.”

Management 164

Management cryptocurrency blockchain Regulation 164

PYMNTS

JANUARY 31, 2019

In addition, Grab plans to start offering solutions and privileges from United Overseas Bank Limited (UOB) in Singapore , Fintech firm BPP has unveiled a digital wallet dubbed BPP Pay for the Brazilian market and passengers from China can now make payments with WeChat Pay at an airport in Italy.

Cards 108

Cards Operations Payments Taxes 108

PYMNTS

NOVEMBER 29, 2018

According to Accenture analysis, corporate bank customers said they are seeking enhanced customer services and more innovative solutions — similar to the demands among consumers. “But the [SMB] market has the potential to kick-start the Open Banking revolution.” Partner John Hallsworth in a statement.

Survey 140

Survey Data Taxes Innovation 140

PYMNTS

JULY 29, 2019

The FinTech that sets its sights on Africa must grapple with the vagaries of 54 markets, 54 central banks, disparate tax and legal policies, and changing foreign exchange ( FX ) rates. But within those challenges lie opportunities for retailers, FinTechs and payment services providers, for companies such as Vesicash.

Online 193

Online Mobile Retail Payments 193

PYMNTS

JULY 30, 2019

may be the world’s hotbed for challenger banks, but it’s not the only market witnessing a surge in bank competition and industry evolution as a result of FinTech pressure. While the company may be operating in a different market than the U.K., One of the biggest industry trends with global ramifications is open banking. “In

User Experience 122

User Experience America Analysis Industry 122

PYMNTS

NOVEMBER 14, 2018

” On-demand payroll is not entirely new, but recent revelations in the pitfalls of payday lending and overdraft fees have opened up a broader market for this kind of payroll solution. Real-time payments are likely to lead to more competition in the on-demand payroll space, he added, both from FinTech firms and employers themselves.

Fintech 145

Fintech Industry Taxes Operations 145

PYMNTS

JANUARY 13, 2017

According to the Wellington Regional Economic Development Agency, the tech-oriented city harbors great potential for global businesses because it is 20 percent easier to launch a tech startup, expand a business or seek innovative investment opportunities. The tax scheme is comprehensible to entrepreneurs. Eyes On FinTech.

Fintech 100

Fintech Regional Innovation Trends 100

PYMNTS

JUNE 4, 2019

This understanding has opened the payroll industry to embrace innovations like faster and real-time payments that can support faster access to wages, or the introduction of on-demand payroll or employee financing programs — all of which can promote employee satisfaction and position a small business to be more competitive in a tight labor market.

Payments 143

Payments Data Taxes Industry 143

PYMNTS

FEBRUARY 10, 2017

The city was ranked as a strong innovator by the latest edition of the Regional Innovation Scoreboard (RIS 2016). Just last month, Belgium and London formed a “FinTech bridge” to help enable a supportive link between startups in both jurisdictions. environment.

Capital 100

Capital Regional Innovation Fintech 100

PYMNTS

DECEMBER 28, 2018

Financial services regulations are notorious for their complexity and ever-changing demands for financial institutions and corporates, but another fuel for development in the KYC space was the FinTech community. Avoka CMO Don Bergal told PYMNTS what global markets can expect in 2019 in terms of bank KYC happenings.

Compliance 186

Compliance Regulation blockchain Taxes 186

Gonzobanker

DECEMBER 17, 2021

A few years ago, very few people would have guessed that tens of billions of dollars would be invested in fintech vendors and solutions annually – except it happened. 2021 fintech investments, merger activities, and overall focus were off the charts. Best Fintech Acquisition by a Bank. Fintech Acquiring Bank.

Fintech 147

Fintech Strategy Leadership Lending 147

PYMNTS

AUGUST 10, 2020

These efforts include TCH’s efforts to connect financial institutions’ (FIs’) core banking systems to the company’s Real-Time Payments (RTP) network, along with what card networks and FinTechs are doing to enable real-time push payments to receiver bank accounts.

US 345

US Payments Maine System 345

Insights on Business

JULY 20, 2017

The emergence of financial technology (fintech) and the push of regulators for more competition are disaggregating and open this closed value chain. Open banking is often mentioned in relationship to compliance with regulatory standards, but in reality, the regulators are only catching up with what is happening in the market.

Fintech 181

Fintech Mobile Examples Data 181

Bank Innovation

MAY 11, 2017

I sat down with the marketing team at Anthemis to discuss the opportunities and geopolitical challenges of open finance. Africa focused on mobile, Asia innovating without regulation, Europe innovating through regulation and North America relying on the market to fund start-ups that can circumvent retrograde infrastructure.

Regulation 252

Regulation Regional Apple America 252

PYMNTS

MARCH 14, 2018

” Oliver was discussing cryptocurrencies and blockchain on his show, highlighting the massive potential the world of FinTech has touted for the last year or so. The same innovations that power crypto-assets can also help us regulate them,” said Christine Lagarde in an IMF blog post Tuesday, according to CoinDesk reports.

blockchain 129

blockchain cryptocurrency Regulation Taxes 129

PYMNTS

NOVEMBER 26, 2018

Adoption of commercial cards in B2B payments has emerged as one of the hottest industry topics of the year thanks to new FinTech innovations and industry leaders like Visa and Mastercard making a push further into the market. One is the breadth of expense categories. Anything that’s part of their financial supply chain.

Trends 171

Trends Cards Payments Tools 171

PYMNTS

NOVEMBER 14, 2019

Time report collection, data aggregation across different formats and departments, data consolidation for processing, tax withholdings and benefits calculation must all be done, approved, and processed for on-time payroll. Technological Innovation. The Distributed Workforce. Compliance is still a major challenge.

Payments 127

Payments Compliance Taxes Technology 127