PYMNTS

JANUARY 7, 2020

China’s Guangdong province has launched a blockchain financing platform for small and medium-sized businesses, backed by OneConnect , a Chinese FinTech recently listed on the New York Stock Exchange, according to a press release. . In other crypto news , cryptocurrency tax automation software TaxBit has raised $5 million in funding.

Bitcoin 132

Bitcoin blockchain Taxes Austin 132

Chris Skinner

JUNE 2, 2017

The race to become Islamic banking’s fintech hub The super-rich are different: they pay less tax. The post Things worth reading: 2nd June 2017 appeared first on Chris Skinner's blog.

Policies 185

Policies Community Bank Taxes Regulation 185

PYMNTS

NOVEMBER 11, 2018

Moves on the part of Amazon and Google to enter the financial services market is prompting European financial regulators to mull whether or not the tech companies need to be supervised. The comments come as the big tech companies in the U.S. European banks are concerned that U.S.

Google 173

Google Regulation Apple Taxes 173

PYMNTS

NOVEMBER 13, 2018

APIs offer third-party FinTech firms new opportunities to make use of valuable data stored within traditional bank accounts. While data stored within bank accounts can be applied to many use cases, either by FinTech firms or the bank itself, cash flow forecasting is not always one of them. and Europe, while Australia and the U.S.

Data 184

Data Fintech Mobile Analysis 184

PYMNTS

NOVEMBER 1, 2018

FinTech innovation is often a layered process, taking existing infrastructures and processes, and developing new tools to improve upon them. Take, for example, markets like the food and beverage, pharmaceutical and medical supplies space. In California, where WAYV operates, and where the legal cannabis market is expected to reach a $5.1

Taxes 122

Taxes California Regulation Innovation 122

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. Countingup Teams Up On SMB Solutions. Faster Payments and BACS schemes.

Taxes 141

Taxes Fintech Payments Security 141

PYMNTS

AUGUST 3, 2018

For much of the world, electronic invoicing is taking off — not only for the benefits it offers, like enhanced cash flow visibility, but largely because jurisdictions are implementing eInvoicing regulatory requirements to crack down on tax evasion. Europe and Australia, too, have eInvoicing mandates in place. While the U.S.

Regulation 101

Regulation Data America Payments 101

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. Tax fraud is a massive threat of corporates.

Taxes 102

Taxes Fraud Compliance Regulation 102

PYMNTS

MAY 18, 2018

million in the largest investment round ever for a FinTech that operates exclusively in the continent. According to reports, Cellulant’s funding is the largest for an Africa-only FinTech. targets the cannabis industry with its market intelligence and consumer research offering. Small Business Banking. InsightSquared.

Fintech 134

Fintech blockchain Analytics Capital 134

Gonzobanker

FEBRUARY 22, 2024

The right talent and tools can equip bankers to take advantage of opportunities in the small business market. As bankers continue to fight the deposit wars, they must move past the polite talk and build a true go-to-market plan to capture the lucrative U.S. No two markets are created equal.

Lending 78

Lending Community Bank Community Strategy 78

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. ACI Worldwide Executive Vice President of Growth Markets Mandy Killam elaborated on the complexities of the U.S.

Payments 181

Payments Regulation Marketing National 181

PYMNTS

SEPTEMBER 17, 2019

And an increased number of banks are swapping their own regulators for Office of the Comptroller of the Currency (OCC) oversight. 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. Late payments in the $1.8

Payments 100

Payments Taxes Regulation Tools 100

PYMNTS

JUNE 29, 2020

A number of British FinTech firms have suspended services following the FCA’s restrictions on Wirecard, leaving hundreds of thousands of accounts blocked, the news service reported. Markus Braun, Wirecard’s founder and CEO, was arrested last week on charges of manipulating the market and misrepresenting accounts.

Taxes 223

Taxes Report Financial Technology Digital Banking 223

PYMNTS

DECEMBER 2, 2016

It’s certainly not the largest funding round the B2B FinTech industry has seen. According to its cofounder, Aditya Tulsian, incoming tax regulation changes, along with India’s recent demonetization, mean SMEs are going digital and will need to keep better track of funds. with an $18 million investment. B2B eCommerce.

Fintech 100

Fintech Capital Lending Taxes 100

PYMNTS

SEPTEMBER 24, 2019

Chinese regulators have given the green light to Alibaba to restructure Ant Financial, which will open a path for an initial public offering (IPO) for the Chinese payments company. . percent of pre-tax Ant Financial profit for a 33 percent stake in equity. percent of pre-tax Ant Financial profit for a 33 percent stake in equity.

Taxes 130

Taxes Regulation Company Fintech 130

PYMNTS

JULY 15, 2020

If Wirecard had done so, Cranston wrote, “it would most likely have used it to negotiate on price, but it did not do that, paying what it did because of its assessment of what was needed to gain the strategic access Hermes provided to the Indian market,” according to FT.

Fraud 160

Fraud Taxes Groups Compliance 160

PYMNTS

AUGUST 20, 2019

Middle market companies need help navigating the complexities of accounts payable management, especially when it comes to cross-border, cross-currency payments. One solution may address tax issues, another currencies, and so on — and that approach, he said, works well for larger firms, but decidedly less well for everyone else.

Management 127

Management Payments Taxes Software 127

PYMNTS

DECEMBER 28, 2018

It has been a busy year for the world of bank regulations, particularly Know Your Customer (KYC). 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.

Compliance 186

Compliance Regulation blockchain Taxes 186

PYMNTS

APRIL 30, 2018

In this world, the only things certain are death and taxes. Anyone in a regulated industry — and that’s just about all of them — are also plenty dubious about using cryptocurrencies as the processing rails for supporting those pilots and incorporating them into their longer-term plans should their pilots show promise. And to learn.

Fintech 183

Fintech blockchain Lending Digital Banking 183

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

PYMNTS

SEPTEMBER 26, 2018

Representative Warren Davidson (R-Ohio) is hosting a “Legislating Certainty for Cryptocurrencies” roundtable, with financial firms, venture capitalists (VCs) and cryptocurrency companies all gathering to say their piece on the shaping of crypto regulation. ICO market.” ”

Management 164

Management cryptocurrency blockchain Regulation 164

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

Bank Innovation

MAY 11, 2017

I sat down with the marketing team at Anthemis to discuss the opportunities and geopolitical challenges of open finance. In many ways it’s the most avant garde financial regulation of our time whilst also extending a long middle finger to our American cousins. This is the third part of a series of five articles. It’s both.

Regulation 252

Regulation Regional Apple America 252

PYMNTS

NOVEMBER 20, 2020

Whether that means establishing subsidiaries abroad, acquiring customers in new geographic markets, or stepping into a new space via mergers and acquisitions (M&A), even small companies are often global ones. The world is flattening for businesses of all sizes that now find it easier than ever to expand across borders.

Compliance 154

Compliance Data Trends Payments 154

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. 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

Insights on Business

JULY 20, 2017

Regulations, such as Payment Services Directive (PSD2), are forcing banks to “open up”, enabling customers to easily share data with third parties. The emergence of financial technology (fintech) and the push of regulators for more competition are disaggregating and open this closed value chain. The digital markets maker.

Fintech 181

Fintech Mobile Examples Data 181

PYMNTS

APRIL 30, 2018

Eighty-three percent of SMBs said they don’t completely understand the new tax law and how it will impact their business, according to the National Association for the Self-Employed. More than 90 percent of survey respondents said they feel the government did not adequately prepare the small business community for the new tax code.

Taxes 144

Taxes America National Community 144

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

MARCH 16, 2018

Certainly regulations like PSD2 and the U.K.’s 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

MARCH 12, 2018

The goals by and large may be noble ones, as real companies come to market and bypass traditional conduits – saving time, perhaps, as they want to bring new services and ideas tied to blockchain to fruition. And yet: How and why to regulate? And where – and just who should do the regulating? Asked by PYMNTS where U.S.

Regulation 117

Regulation Security Course blockchain 117

PYMNTS

JANUARY 23, 2017

Dabbling in FinTech innovation, expanding internationally, integrating digital systems — businesses must make progress, but they’re facing unfamiliar threats as they make these moves. That’s according to SAP SuccessFactors and Oxford Economics, which surveyed 4,100 FinServ executives across markets. 40% more cyberbreaches impacted U.S.

Survey 100

Survey Taxes Groups Analysis 100

PYMNTS

NOVEMBER 29, 2018

. “Open Banking provides banks an opportunity to use platform ecosystems to deliver more and better services, including helping their [SMB] and large corporate clients extend their market reach and leverage cutting-edge banking services.” “But the [SMB] market has the potential to kick-start the Open Banking revolution.”

Survey 140

Survey Data Taxes Innovation 140

PYMNTS

APRIL 27, 2016

There’s the entrance into new markets and the ability to reach new customers. But, as with any shift beyond the home market, there are growing pains. Not just staffing issues, learning the local culture in a new market and, as is germane for payments, learning the local views on cash, credit and import and export taxes.

Study 100

Study Payments America Regulation 100

Jeff For Banks

FEBRUARY 4, 2023

The labor market has also improved, with unemployment declining and job growth picking up. Additionally, the implementation of new policies by the government, such as changes to taxes and regulations, could also influence economic outlook. The tool is still new and evolving.

United States 78

United States US Cyber Security Taxes 78

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

NOVEMBER 19, 2019

Ant Financial is worth around $150 billion, making it one of the most valuable private sector FinTech companies in the world. It also owns the world’s biggest money market fund, Yu’e Bao, and a credit-rating system called Sesame Credit.

Digital Banking 101

Digital Banking Capital Taxes Groups 101

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. But on the back end, said Eynat Guez, Papaya Global co-founder and CEO, complexities abound. The Distributed Workforce.

Payments 127

Payments Compliance Taxes Technology 127