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Big Tech Compliance Tracker: Tencent Says Big Tech Needs Greater Oversight; Group Seeks To Block Maryland Online Ad Tax

PYMNTS

Regulation. Tencent Holdings President Martin Lau said further regulations are needed in China to mirror a “new reality.”. As technology companies become bigger and more important to the economy, I would say more regulations to reflect the new reality are needed," Lau said, according to the report. Larry Hogan vetoed the levy.

Maryland 151
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The ICBA 22/23 executive committee is all in

Independent Banker

ICBA president and CEO Rebeca Romero Rainey, Washington, D.C. We must also keep our focus on protecting the 2017 tax cuts and, as always, monitoring and confronting credit union overreach. Lucas White: We need to continue to differentiate community banks and educate policymakers on why tiered and proportionate regulation is necessary.

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Closing the gate: House adopts ENABLERS Act amendment to 2023 NDAA

CFPB Monitor

Clearly: if eventually passed, this amendment will change the landscape of professional service providers, including tax return preparers with foreign clients, and payment processors. Requirements. Here, the amendment does provide the Secretary and FinCEN with its typical discretion.

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FreshBooks Lands Fresh Funding As SME Accounting Complexities Mount

PYMNTS

And while SMEs are awaiting tax reform, this area also makes the U.S. A recent survey from the National Federation of Independent Businesses found that “frustration over gridlock in Washington” forced SME optimism to dip last month. “One, I think, is complexity,” the CEO said.

Software 109
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GonzoBanker Awards 2017

Gonzobanker

FinTech threats and distractions. Heavy-handed regulators. Seriously, sit back with a pocket flask of Pappy Van Winkle, smoke a cigar (or your combustible of choice if you live in Colorado, California, Washington, Oregon, Nevada, Main or Massachusetts) and enjoy the 2017 GonzoBanker Awards. Payments chaos.

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JPMorgan’s Dimon Says Brexit Looms While ‘Something’ Wrong with U.S.

PYMNTS

As a new administration settles into Washington, D.C., being told to depart as a harbinger of pressures to come, even as corporate taxes have been, as he sees it, high enough to move businesses to seek opportunities beyond U.S. billion left corporate coffers via tech spending and $600 million was earmarked for FinTech projects.

Taxes 115
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Fintech Fundings: 27 Companies Raise $345 Million Week Ending August 14

Fintech Labs Insights

Since June 1 we’ve seen 189 fintech deals globally raising a total of $3.1 It was another stellar week for Finovate alums with 6 fundings totaling $123 million: money transfer service Payoneer ($50 mil), AI innovator Kensho ($33 million), tax specialist VATBox ($24 million), , cash-back specialist Mogl ($7.9 Not this year.