PYMNTS

FEBRUARY 8, 2019

Growth of FinTech funding seems unstoppable, with the latest analysis from Hampleton Partners finding enterprise financial services and integration, online financial services, enterprise financial software and Software-as-a-Service (SaaS) risk management as some of the hottest spots for investors this year.

Fintech 188

Fintech Capital New York City Analysis 188

PYMNTS

FEBRUARY 28, 2020

As B2B FinTech firms continue working to break down silos, and ease the numerous friction points of the B2B payments process for both buyer and seller, the opportunities for data integration are vast. It’s one thing to enable two B2B FinTech platforms — like an accounts payable and accounting platform — to share data with each other.

Taxes 209

Taxes Data Fintech Compliance 209

PYMNTS

SEPTEMBER 3, 2020

The iZettle Food & Drink debut in PayPal promises a simplified POS solution designed to provide hospitality businesses with ways to operate and grow their business. The feature can be used to adjust any change in the tax rate charged on food and non-alcoholic beverages.

social media 298

social media Taxes Online Payments 298

Bank Innovation

APRIL 5, 2017

The first of the packages, Tax Protection, went live today, according to the company’s co-founder Vicki Zhou. The package includes tax-loss harvesting–dubbed WiseHarvesting, which was the fintech’s first paid service— selective trading, […].

Taxes 207

Taxes Innovation Fintech Operations 207

PYMNTS

NOVEMBER 5, 2018

Ant Financial , the Chinese FinTech giant and an affiliate of Alibaba Group , posted an earnings pre-tax loss of 2.4 The Wall Street Journal ( WSJ ), citing Ant, reported that the company had a pre-tax profit of 5.3 billion yuan in pre-tax profit in the fiscal year ending in March, Bloomberg reported. It posted 9.18

Taxes 134

Taxes Lending Operations Marketing 134

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. Baoku Online. with an $18 million investment.

Fintech 100

Fintech Capital Lending Taxes 100

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

CB Insights

FEBRUARY 13, 2020

As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Specifically, the Collisons aimed to more seamlessly connect online businesses and payment processors, allowing more businesses to accept online payments.

Online 98

Online Company Retail Payments 98

PYMNTS

APRIL 30, 2018

Fifty-two percent of SMBs predict business payments will be digital within the next five years , said Bank of America, while mobile phones are used by nearly all small business owners today – 89 percent say they use smartphones and other mobile devices to manage their business and operations like basic tasks, digital banking and digital payments.

Taxes 144

Taxes America National Community 144

PYMNTS

AUGUST 6, 2019

With government agencies working to combat tax evasion and fraud, eInvoice mandates mean a reduced risk of invoice fraud and greater visibility into trade and transactions. on the benefits of an eInvoicing mandate, noting that it would address the nation’s current tax challenges. On Monday (Aug.

Regional 108

Regional Taxes System Guidelines 108

PYMNTS

JULY 16, 2019

Xolo Go aims to accelerate freelancers’ ability to launch their business by connecting them to bank accounts, invoicing, expense management and payout functionality, while Xolo Leap supports the launch of EU-registered business with banking, accounting and tax compliance services.

Tools 100

Tools Compliance Taxes National 100

PYMNTS

MARCH 7, 2018

based B2B FinTech, has raised $40 million in venture capital, according to TechCrunch reports on Tuesday (March 6). Justworks aims to automate and streamline multiple business operations that small businesses (SMBs) need to function. Justworks , a U.S.-based

Security 100

Security Capital Taxes Resources 100

PYMNTS

AUGUST 20, 2019

That’s especially important as businesses gain scale, as they expand reach into new geographic areas — and as they grapple with AP operations. 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

JANUARY 14, 2019

Nazir detailed the vast opportunity that lies before FinTech firms such as Emergent that are making headway into providing financial services in Africa: 54 countries, home to 1.3 This deal allows Emergent to extend operations of its digital payments operation, Emergent Payments, into 70 emerging markets. billion people.

Mobile 212

Mobile social media Taxes Technology 212

PYMNTS

OCTOBER 8, 2019

That challenge is undoubtedly a major headache for the companies operating in this sector, which are often small businesses. The company is now collaborating with city and municipality officials to introduce a solution that enables industry companies to pay their taxes electronically, too. A Shifting Regulatory Landscape. ”

Compliance 114

Compliance Guidelines Industry Taxes 114

PYMNTS

SEPTEMBER 27, 2019

s Nationwide Building Society did not disclose how much it invested in BankiFi , but it did say that it’s support to the open banking FinTech comes as Nationwide plans to launch a business current account. The firm operates a platform to automate tax and financial management processes for gig workers, sole traders and contractors.

Payments 149

Payments Capital Taxes Lending 149

Bank Innovation

OCTOBER 27, 2017

EXCLUSIVE- With two products and a recently announced partnership with tax preparation software provider Intuit, Marcus by Goldman Sachs is keen on growing its brand through more new partnerships and products in 2018. The future of finance is not technology,” Harit Talwar, head of Marcus by Goldman Sachs, said at Money 20/20 in Las Vegas.

Las Vegas 186

Las Vegas Taxes Software Branding 186

PYMNTS

MARCH 27, 2020

QR codes have enjoyed mounting adoption in the consumer payments landscape around the world in recent years as FinTech solutions embrace end-user efficiency and take advantage of smartphone penetration. Their use for B2B payments, however, remains limited — but in the U.K., open banking may be able to change that. A B2B Opportunity.

Payments 151

Payments Innovation Security Guidelines 151

Gonzobanker

MAY 31, 2019

But how can community banks successfully compete with big banks and fintechs that are spending billions on their digital lending capabilities? While online lenders Kabbage and OnDeck lent $2 billion and $2.5 Institutions are “spreading” financial statements for electronically provided tax returns or financial statements.

Lending 126

Lending Community Bank Community Data 126

Bank Innovation

APRIL 9, 2018

Based on the simplicity principle, Acorns Later is an automated IRA account, tax-advantaged retirement account that […].

Innovation Strategies 186

Innovation Strategies Taxes Strategy Innovation 186

PYMNTS

AUGUST 30, 2018

He has also set aside $10 million for a fund for African entrepreneurs and has argued for more favorable tax conditions for eCommerce startups. Paystack already processes about 15 percent of online payments in Nigeria, which is Africa’s largest economy, ahead of South Africa and Egypt. Paystack Goals. There are a lot of transactions.

Payments 107

Payments Online Taxes Maine 107

Abrigo

FEBRUARY 27, 2020

Efficiency in these essential lending and credit operations ensures a good customer experience, instills discipline for underwriting quality control, and helps meet institutional financial goals, according to O’Connell and others. Survey Methodology: Abrigo asked 15 questions in an online survey of Abrigo customers and non-customers from Nov.

Lending 243

Lending Survey Data System 243

Independent Banker

MARCH 31, 2022

Staffers with a hybrid schedule include some commercial lenders as well as those working in the credit unit, finance and accounting, various support operations, insurance and securities departments. ITMs operate like automated teller machines but enable customers to interact with tellers over a video link. Consistency amid disruption.

Missouri 142

Missouri Community Bank Community Management 142

PYMNTS

JULY 3, 2018

Everyone thinks of win rates differently, and people use their metrics differently,” said Pallavi Kuppa-Apte, Head of Business Operations, Chargehound. Those that felt ready had invested in knowledge of local markets and tax codes, new tech and/or new vendors. DadeSystems. Jewel Paymentech. AvidXchange.

National 101

National Charlotte Regional Operations 101

PYMNTS

MARCH 28, 2019

FinTech Fundbox said on Thursday (March 28) that it is expanding its partnership with Synchrony , the consumer financial services company, to make B2B credit available to the latter’s merchant client base. In terms of process, the Synchrony merchants seeking a line of business credit can apply through Synchrony’s online Business Center.

Data 131

Data Operations Capital Taxes 131

PYMNTS

JUNE 4, 2020

From an instant payment perspective, it has now become much more important to be able to manage the fraud in real time online,” said Tino Kam , head of transaction banking at Finland-based Nordea Bank , in a recent interview with PYMNTS. You see a lot of [new] FinTech companies and digital-only banks that are fully API-based,” he said.

Security 151

Security Fraud Payments Compliance 151

PYMNTS

JULY 13, 2018

The current quarter included a 10-cent per share income tax expense. . Second-quarter net income was impacted by a $481 million one-time expense resulting from a key Supreme Court decision related to online sales, South Dakota v. Wayfair, which impacted how states may collect taxes on sales made by out-of-state sellers. .

South Dakota 101

South Dakota San Francisco Indiana Wisconsin 101

PYMNTS

SEPTEMBER 13, 2017

We all know the lure of China’s consumers for retailers and merchants of all stripes and sizes operating across the globe. Gathering wallet share of hundreds of millions of young, urban and newly flush Chinese consumers as they search online for goods and services is increasingly attractive for merchants and marketplaces alike.

San Francisco 101

San Francisco Compliance Regulation Branding 101

PYMNTS

MAY 17, 2018

The decision comes amid increasing pressure to revise how gig workers are paid, a trend that promises to shape how the companies operating in that world conduct business. The classification also affects payroll tax collection, worker compensation and unemployment benefits. The stakes attached to the gig economy are getting higher.

Payments 110

Payments Los Angeles California Survey 110

PYMNTS

MAY 17, 2018

The decision comes amid increasing pressure to revise how gig workers are paid, a trend that promises to shape how the companies operating in that world conduct business. The classification also affects payroll tax collection, worker compensation and unemployment benefits. The stakes attached to the gig economy are getting higher.

Payments 100

Payments California Survey United States 100

PYMNTS

JANUARY 25, 2019

B2B-focused FinTech firms have been eyeing what’s available from consumer-focused companies. Credit can bridge the gap as companies run their day-to-day operations, and help them capture top- and bottom-line growth. To that end, Fundbox said in a release on Friday (Jan.

Retail 159

Retail Capital Data Payments 159

Independent Banker

DECEMBER 31, 2021

Badger Bank is having trouble finding staff “across the board,” from operations to tellers and trust officers. “We will continue to work with fintechs, says president and CEO Steve Dehnert. This year, Red River Bank will enhance its mobile banking and treasury management services and automate more back-office operations.

Community Bank 144

Community Bank Community Lending Louisiana 144

PYMNTS

FEBRUARY 13, 2020

McInerney also pointed to government to consumer (G2C), which is a “more nascent” market, with presence in government benefits and tax refunds. Delving into click to pay, half of online purchases (through guest checkout) present consumers with what Jenkyn said equated to “daunting” experiences.

Payments 163

Payments Regional America Cards 163

PYMNTS

DECEMBER 28, 2018

These secretly vulnerable consumers, Webster noted, often use debt to make ends meet, either on credit cards or through alternative vehicles like online lenders. The rising rates have not only made debt more expensive, but they have been a weight on loan growth across both bank and FinTech lending platforms in the back half of the year.

Millennials 145

Millennials Lending System Data 145

Jeff For Banks

APRIL 12, 2018

And there are FinTechs, loan brokers, insurance companies, and investment funds chipping away at them. Looking at our peer group numbers, the consumer loan costs a little above $1,100 per year in operating expense to originate and maintain. pre-tax profit as a percent of the portfolio. Because we’re running out of assets.

Lending 60

Lending Resources Community Metro 60

Fintech Labs Insights

APRIL 12, 2017

WiseBanyan Unveils New Tax Protection Tools. FICO announces partnership with economic empowerment non-profit, Operation HOPE. Kofax launches cloud-based document capture and invoicing solution, ReadSoft Online R9. Finland-based OP Financial Group partners with Token to develop new fintech solutions. On FinDEVr.com.

Video 13

Video New York Conference Taxes 13

CB Insights

OCTOBER 10, 2018

One of the biggest challenges these companies face is that many operate without a bank charter or license. We define startups disrupting banking broadly to include mobile-first fintech companies that primarily focus on leveraging technology and software to digitize and streamline retail and business credit, checking, and savings accounts.

Retail 78

Retail Cards Millennials Mobile 78