Bobsguide

SEPTEMBER 19, 2022

Banks are depending on the cloud to build better systems for the future, but legacy technology is holding 62% of them back. The growing need to overhaul these systems is what powered GFT’s leap on the 2022 IDC FinTech Rankings. The post GFT Advances in 2022 IDC FinTech Rankings appeared first on Bobsguide.

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Fintech Taxes Customer Experience Industry 68

PYMNTS

APRIL 21, 2020

Call it “technology debt” — legacy systems and architecture, hardware and software — that has to be worked down. Open banking and the rise of FinTechs have spurred banks to look toward developing new applications and products with speed, and to look toward moving mission-critical functions to the cloud.

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Taxes System Data Fintech 208

PYMNTS

OCTOBER 26, 2018

With only a few million dollars in combined investments, this week certainly wasn’t the most lucrative for B2B FinTech firms, but the variety and global reach of recent SMB FinTech investments offers a bright spot in an otherwise quiet moment for B2B venture capital. Businesses across Asia, South Africa, the U.K. Infoworks.

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PYMNTS

JANUARY 10, 2020

percent drop in share prices, and Netherlands payments firm PayU buys a majority stake in the India FinTech PaySense. PayU Buys Majority Stake in India FinTech PaySense. Chamber of Commerce, criticized presidential candidates on their proposed policies concerning Medicare and taxing of the wealthy. The news triggered a 6.7

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Fintech Payments Policies Taxes 131

Abrigo

MAY 22, 2024

Takeaway 2 Several small business lending processes can tax both borrowers and staff. Online fintech lenders and merchant cash advance providers are also making up ground. Online fintech lenders had a market share of about $25 billion. DOWNLOAD Takeaway 1 Financing plays a crucial role in small business survival and success.

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Lending St. Louis Community Marketing 195

PYMNTS

JANUARY 17, 2019

DBI has more than one million consumers in 50 states, and with its account administration tech and services, it’s a key player in the consumer-facing healthcare system. The transaction should generate $50 million in net present value of tax benefits.

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Fintech Taxes Technology Financial Technology 162

Abrigo

APRIL 22, 2024

Takeaway 2 Several small business lending processes can tax both borrowers and staff. Online fintech lenders and merchant cash advance providers are also making up ground. The CFPB estimates 2019 small business financing was as much as $19 billion by merchant cash advance providers and about $25 billion by online fintech lenders.

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Lending St. Louis Community Marketing 243

PYMNTS

MARCH 12, 2019

and Europe is a natural progression from the surge in FinTech solutions offered to consumers, small businesses and enterprises. That capability can be a critical part of holistic financial services for the many small business owners who are now struggling to integrate their growing list of back-office systems. ”

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Data Fintech Strategy Regulation 184

PYMNTS

NOVEMBER 13, 2018

APIs offer third-party FinTech firms new opportunities to make use of valuable data stored within traditional bank accounts. In some instances, these systems deploy this data to create a solution that banks haven’t developed themselves, often due to restricted investments in small business product development.

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Data Fintech Mobile Analysis 184

PYMNTS

FEBRUARY 1, 2021

Plus, OnPay strikes accounts payable partnership and an OECD digital tax deal looms. City National Bank has enlisted New York City FinTech Extend to enable the bank’s clients to offer virtual corporate cards to employees, vendors and other business partners, the companies announced in a press release.

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PYMNTS

DECEMBER 16, 2020

The payroll industry has undergone an immense amount of FinTech innovation in recent years. We went back and spoke with payroll providers and HR systems, and realized how difficult it was to pull data out of these systems, especially in a standardized fashion," said Zhang. "It It requires a lot of technical integration effort.".

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Data Lending Innovation Fintech 291

Bobsguide

MAY 10, 2022

Fintech powerhouse – second in Asia, sixth in the world. From Airwallex to Clearpay (Afterpay Ltd), Australian fintechs are changing the world of finance. With a A$10 trillion financial sector and a fintech industry that’s ranked in the global top 10, Australia is a natural home for fintech creators and investors.

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Report National Fintech Industry 148

CB Insights

NOVEMBER 21, 2019

Finally, looking at Canadian “fintech” (financial technology) specifically, funding was up substantially in the first half of the year. Canadian fintech companies raised $251M through the end of H1’19, nearly double the $133M raised in H1’18. The 2019 Canadian fintech market map. Navigating the Canadian fintech market map.

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Fintech Marketing US Technology 93

PYMNTS

SEPTEMBER 3, 2020

The feature can be used to adjust any change in the tax rate charged on food and non-alcoholic beverages. FinTech partners, he said, have become key allies to helping SMBs. “We The remote payments app allows merchants to charge customers by sending a payment link via SMS, Whatsapp, email or social media.

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social media Taxes Online Payments 298

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. Find out who raised the money, and other winners of this week’s B2B venture capital roundup, below. Small Business Banking.

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Fintech blockchain Analytics Capital 134

PYMNTS

SEPTEMBER 7, 2018

There are some B2B FinTech segments that are mainstays with investors. This week, though, investors revealed their appetite for B2B FinTech firms that can multitask. Countingup offers businesses a mobile app that includes banking, bookkeeping and tax reconciliation services. Based in the U.K.,

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Fintech Capital Lending Software 109

PYMNTS

MARCH 4, 2020

The enterprise resource planning ( ERP ) system has been a staple of corporate finance operations for years, acting as a central repository of data and a hub to initiate a range of processes, from accounting to procurement. The ERP’s Role in a FinTech World. But the ERP of today doesn’t look like it used to. Disruption Ahead.

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Data Taxes Analytics Resources 260

PYMNTS

JUNE 14, 2019

Based in Ireland, Immedis provides payroll and tax services to multinational corporations. The Series A funding will be used to further its market presence in the U.S. Investors at Scottish Equity Partners led a $28.2

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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. Tax fraud is a massive threat of corporates.

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Taxes Fraud Compliance Regulation 102

PYMNTS

MARCH 5, 2019

As reported in FinTech Futures , Payments NZ has debuted the first application programming interface (API) standards tied to account data and payment initiations. The new standards will be available in a few months, with reports noting that Payments NZ is also looking into 365-day service availability, and speeding up payment systems overall.

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blockchain New York Fintech Regulation 163

CB Insights

APRIL 13, 2017

Check out even more content at Future of Fintech 2017. Aggressive recent government initiatives in India, including bringing more people into a formal ID system (Aadhaar) and increased funding and tax … Continued. Use code “FoFInsights” to get $1000 off your ticket.

Fintech 56

Fintech Taxes Lending Marketing 56

South State Correspondent

SEPTEMBER 13, 2023

The payer enters this information into an accounting or accounts payable (AP) system (either manually or electronically). Conversely, the payee receives the payment at their bank, manually enters or imports it into their accounting/accounts receivable (AR) system, and reconciles the payment and the obligation.

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Payments Fraud Data Taxes 221

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. Earlier this year, the country published the Philippine Digital Transformation Strategy 2022 initiative, a guide that explores government systems’ path to digitization.

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Regional Taxes System Guidelines 108

PYMNTS

SEPTEMBER 24, 2019

percent of pre-tax Ant Financial profit for a 33 percent stake in equity. Ant Financial is worth around $150 billion, making it one of the most valuable private sector FinTech companies in the world. Ant Financial also owns the world’s biggest money market fund, Yu’e Bao, and a credit-rating system called Sesame Credit.

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Taxes Regulation Company Fintech 130

PYMNTS

JULY 29, 2019

The complexities of business transactions not only mean various financial functions, from accounts payable to payroll, are stuck in their own silos — it can often mean more silos within those disparate systems. Most enterprises … have many disparate systems, ranging from accounting to payroll to banking to taxes, etc.,”

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Payments System Cards Data 183

PYMNTS

JULY 12, 2018

Zug is a small town near Zürich with only about 30,000 residents, yet it is impacting the FinTech world in a big way. He cited “Zug’s high quality of life, openness, pro-business mindset and favorable tax structure” as factors that make the city attractive to people from around the world.

blockchain 104

blockchain Taxes Regional New York 104

CB Insights

OCTOBER 21, 2018

CB Insights unveiled the second annual Fintech 250 — a list of 250 of the most promising private companies applying a mix of software and technology to transform the financial services industry. THE FINTECH 250 STORY. CB Insights clients can view the full Fintech 250 story by clicking the button below. Please click to enlarge.

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Fintech Lending Capital Analytics 78

PYMNTS

APRIL 30, 2018

In this world, the only things certain are death and taxes. If the blockchain is all about replacing the global financial system and marketplace lending is all about replacing traditional lenders, digital banks in the developed world are about upending the traditional banking ecosystem. A penny saved is a penny earned. Digital Banks.

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Fintech blockchain Lending Digital Banking 183

PYMNTS

FEBRUARY 3, 2020

As open banking frameworks continue to encourage bank-FinTech collaboration , the financial services market is exploring new ways to unlock data — not only with banks, but with each other. For corporates and their accountants, the opportunities in data integration between payroll and accounting and tax portals are similarly vast.

Data 184

Data Security Taxes blockchain 184

PYMNTS

JANUARY 22, 2019

Crowe is addressing this friction with the rollout of its Crowe Automated Reconciliation for Healthcare tool, providing hospitals a three-way match solution between their general ledgers, patient accounting systems and banking providers.

Management 184

Management Tools Taxes System 184

PYMNTS

DECEMBER 7, 2020

Facebook’s Libra (OK, now it’s been renamed to Diem ) looms as 2021 dawns – maybe – and in a form diminished from its initial ambitions back in 2019, to disrupt the monetary system itself. But it also signals intent to keep large swaths of the monetary system at status quo. mainstream consumers) from risk.

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Regulation United States Cleveland cryptocurrency 192

Chris Skinner

JULY 27, 2017

He knew when he took over the bank was a basket case, tarnished by a raft of regulatory and legal problems which include probes into alleged manipulation of benchmark interest rates, mis-selling of derivatives, tax evasion and money laundering. We have to go across too many systems.” It’s not as good as it should be,” he says.

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System Taxes Analysis Case Study 284

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. It’s a sentiment echoed throughout the B2B FinTech market.

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Risk Management Survey Management Fintech 134

Independent Banker

MARCH 31, 2022

We must also keep our focus on protecting the 2017 tax cuts and, as always, monitoring and confronting credit union overreach. We must continue to fight increased regulation, specialty charter considerations and the potential for more fintech access to traditional rails without the same oversight.

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Community Bank Community Industry Texas 239

PYMNTS

OCTOBER 8, 2018

8) said business payments FinTech firm Haball is collaborating with electronic trading platform 1Link and Meezan Bank to develop a digital B2B payments solution. The company’s CIO Sardar Naufil Mahmud will deploy the solution within its order-to-cash and procure-to-pay processes, and integrate the tool into its existing ERP system.

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Payments Compliance New York Tools 128

PYMNTS

APRIL 23, 2020

As one-person operations, they often lack the resources and know-how to manage professional finances in a compliant and efficient way, yet they have more complex tax, payments and cash flow management needs than the average individual. That means cutting out the jargon. “We call those things what they are. Easing The Volatility.

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User Experience Management Taxes Fintech 141

PYMNTS

DECEMBER 8, 2020

Trying to get $269 billion into the bank accounts of 160 million Americans in a short timeframe is a Herculean task for any payments system, but there are ways to address the gaps and the cracks. Then of course, there was the fraud problem to contend with. Tech-driven ways, of course.

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Payments Fraud Taxes Tools 183