PYMNTS

MAY 19, 2020

BlockFi said it was “able to confirm that no funds, passwords, social security numbers, tax identification numbers, passports, licenses, bank account information, nor similar non-public identification information was exposed as a result of this incident.”.

Data 212

Data Bitcoin cryptocurrency Taxes 212

South State Correspondent

OCTOBER 4, 2023

Having to pay near SOFR rates will give you a false sense of security, cost you more in the long run, and slowly erode franchise value. These ideas come from our experience, database, and the analytics of the Infusion Marketing Group , one of the few bank marketing firms that understands deposit building at its core.

Marketing 195

Marketing Taxes Training Management 195

PYMNTS

JULY 21, 2020

Groups are an issue, until regulations change and we can put more than 25 to 50 people in one meeting at a time.”. Tisch declined to provide occupancy rates at the two dozen luxury hotels Loews owns or operates in the U.S. In related news, the number of travelers passing through airport security checkpoints across the U.S.

Taxes 189

Taxes Survey New York Security 189

PYMNTS

MAY 19, 2020

The Security Service of Ukraine is reportedly holding a hacker for allegedly selling a database with 773 million email addresses and 21 million unique passwords, CoinDesk reported. Multiple crypto operations serving the country, however, are legally based in other nations. dollars and Ukrainian hryvnias.

Bitcoin 148

Bitcoin cryptocurrency Taxes Security 148

Abrigo

FEBRUARY 15, 2023

When developing a risk assessment, institutions can treat the AML/CFT priorities as stand-alone risk factors or group them together. Financial institutions can mitigate these risks with strong information security protocols, including clear policies and cybercrime education training for every employee.

Fraud 195

Fraud United States Training Policies 195

PYMNTS

DECEMBER 18, 2017

50 percent | Portion of North American CFOs who believe large companies will benefit the most from tax reform, according to a CNBC survey. Analysts noted the wide margin over any other group that may benefit from new tax laws, with the middle class the second-most commonly cited group that survey respondents said would gain the most, at 12.5

Bitcoin 100

Bitcoin Data Taxes cryptocurrency 100

PYMNTS

JULY 15, 2020

“As a reputable law firm, they would have investigated EMIF’s position and been satisfied as to matters such as EMIF’s beneficial ownership, compliance with money-laundering and terrorist financing laws, and the absence of tax and other fraud,” Cranston wrote, FT reported. Still, this is not the end of troubles for Wirecard.

Fraud 160

Fraud Taxes Groups Compliance 160

PYMNTS

AUGUST 16, 2019

Small business finserv was a popular target this week, with startups securing funding for their SMB banking, lending and accounting tools. Kobo360 operates a freight technology platform, connecting truckers with businesses that need shipping services across the region. Below, PYMNTS breaks down the latest in B2B FinTech funding.

Fintech 179

Fintech Analytics Capital Lending 179

PYMNTS

MARCH 15, 2019

The publication pointed to Goldman Sachs as the latest FI giant to grow operations in Mexico, after it provided a $100 million credit facility to Credijusto, a FinTech startup that makes three-year loans to small businesses. Bank credit most often goes to larger corporations or to consumers for home lending. ”

Lending 189

Lending Fintech National Taxes 189

PYMNTS

JANUARY 29, 2018

Reports last November said California Treasurer John Chiang proposed this idea and others along with the Treasurer’s working group established to address key issues pertaining to legal marijuana companies in California. Hertzberg highlighted the ongoing struggles of legal marijuana operations in today’s conflicting legal climate.

California 112

California San Francisco Taxes Conference 112

PYMNTS

JULY 26, 2020

Avanti Financial Group said in a press release that it has received permission from the Wyoming Division of Banking to begin operating in the state as a bank as early as October and plans to offer a real-time settlement solution for corporate treasurers. SPDIs may focus on traditional assets as well.”

Wyoming 153

Wyoming cryptocurrency Regulation blockchain 153

PYMNTS

NOVEMBER 16, 2018

states (and the District of Columbia) where marijuana has been legalized for sale in some capacity, it has thrown off a fairly large chunk of tax revenue in the last year. billion in taxes from legal cannabis companies last year, an amount of money that is undoubtedly a sizzle for the federal coffers.

Taxes 177

Taxes Payments District of Columbia Alabama 177

PYMNTS

JUNE 29, 2020

Wirecard said over the weekend it would continue to operate in all but one of its European locations as the court considers the company’s insolvency request. The Emerging Payments Association (EPA), an industry trade group, urged the FCA to lift its Wirecard freeze as soon as possible. “We

Taxes 223

Taxes Report Financial Technology Digital Banking 223

PYMNTS

SEPTEMBER 27, 2019

This week, two massive deals landed with B2B payments innovators at Fundbox and Tipalti, but they were far from the only players to have secured new funding. BankiFi operates APIs to enable banking clients access to a range of business banking infrastructure to augment their own small business and corporate banking operations.

Payments 149

Payments Capital Taxes Lending 149

PYMNTS

JULY 31, 2017

Wells Fargo takes the security and privacy of our customers’ information very seriously,” the banking firm said in a statement according to the report. “We We have a huge responsibility and fell short of our ideals for managing and providing oversight of the third-party vendor and our own operations,” Franklin R.

Taxes 100

Taxes Data Security Report 100

PYMNTS

MAY 18, 2018

B2B startups in the small business banking, expense management and analytics sectors led this week’s investment roundup, securing more than half of the $108 million raised. But it’s a startup in Africa that not only secured the largest investment round of the week, but set a new record in the process, raising $47.5

Fintech 134

Fintech blockchain Analytics Capital 134

PYMNTS

MARCH 4, 2019

According to a report in Reuters , citing Finnish broadcaster Yle, which had access to leaked documents, the money came from companies registered in countries with tax havens, including the British Virgin Islands, Panama and Belize. Another day, another bank, new allegations,” investment bank KBW wrote in a note to clients covered by Reuters.

Virgin Islands 116

Virgin Islands Taxes Regulation Regional 116

PYMNTS

DECEMBER 11, 2019

It is clear that as an industry we could do more to assure businesses of the security measures in place and demonstrate the tangible benefits of open banking and connected technology,” he added. Eika Group, EedenBull Team for Banks. Cash flow remains the No. Alliance Bank Taps Into Ephesoft Data Capture.

Fintech 132

Fintech Groups Data Strategy 132

PYMNTS

NOVEMBER 22, 2017

Account takeover fraud , card-not-present (CNP) fraud, tax fraud, selling stolen financials, selling fake bank accounts, the Dark Web: If security experts are fighting it today, chances are that Brett Johnson was there when it started. Luckily for Johnson, he’d discovered tax fraud by then. They tried, but I wouldn’t listen.”.

Fraud 120

Fraud Taxes Community Cards 120

PYMNTS

MARCH 23, 2020

Most companies now operate at global or multimarket scales, offering their products to clients and customers around the globe via digital channels. Shifting tax rules only exacerbate these problems, with 13 percent of freelancers in the U.K. planning to find work outside the country this year due to tax code changes, for example.

Payments 153

Payments Taxes Trends Examples 153

PYMNTS

FEBRUARY 8, 2019

Operating in the corporate expense space, France’s Lunchr announced $34 million in venture capital this week, led by Index Ventures, while other backers included Daphni, Indinvest and Kima Ventures. Also operating in the banking technology sphere is Bud, which recently raised $20 million in Series A funding.

Fintech 188

Fintech Capital New York City Analysis 188

PYMNTS

MAY 11, 2018

UPbit services, such as all transactions and withdrawals, are operating normally. Your assets are kept securely in your account.” UPbit wrote on its website , according to a Google translation, that it “is currently under investigation by prosecution, and we are [cooperating] diligently.

Bitcoin 101

Bitcoin cryptocurrency Comparison Taxes 101

Abrigo

AUGUST 28, 2022

It can generate a more profitable group of loans for the financial institution and allow growth without adding a lot of staff. Whether the institution offers an ag operating loan, an ag real estate loan, or a loan for farm equipment, it can create a better ag lending process with these seven best practices: Provide a mobile experience.

Lending 195

Lending Analysis System Data 195

Independent Banker

MARCH 31, 2022

Here stood a group of experienced and passionate community bankers who have dedicated themselves to advocating for the industry they care so deeply about. Treasurer Sarah Getzlaff, CEO, Security First Bank of North Dakota, New Salem, N.D. For instance, ICBA is calling for congressional hearings on the credit union tax exemption.

Community Bank 239

Community Bank Community Industry Texas 239

PYMNTS

MAY 29, 2020

Mike Jones , president of Business Capital at CIT Group , recently told PYMNTS about the opportunity to combine the equipment financing model with another financing tool typically reserved for consumers and how this strategy can ease SMBs into their much-needed modernization efforts without breaking the bank. ”

Capital 168

Capital Technology User Experience Strategy 168

PYMNTS

OCTOBER 27, 2017

Check out all the B2B FinTech companies that secured fresh investments below. This week, the company announced it had raised $750,000 from Frontline Ventures and other backers, which the firm will use to launch operations in the U.K. SMB Banking. Countingup. later this year, according to reports. Artificial Intelligence. DeePhi Tech.

Samsung 100

Samsung Capital Security Analytics 100

PYMNTS

JANUARY 23, 2017

Businesses face mounting risk thanks to things like geopolitical uncertainties and regulation but are also threatened by something as seemingly arbitrary as group chat platforms. 40% more cyberbreaches impacted U.S. businesses in 2016 than the year prior, found CyberScout. The report found that more than half of these breaches (55.5

Survey 100

Survey Taxes Groups Analysis 100

PYMNTS

MARCH 30, 2018

Boston-based PreVeil did not disclose how much it raised in its Series A funding round, but it did note that Spark Capital provided the funding to support the company’s email and file security solution. Kenna Security. SpyCloud identifies exposed employee and customer accounts to safeguard them before any malicious activity can occur.

US 116

US Capital California San Francisco 116

PYMNTS

FEBRUARY 3, 2017

1), was provided by Bridge Bank’s Technology Finance Group in the form of venture debt. Tricentis secured the Series B funding from Insight Venture Partners and occurred about a week before reports first surfaced of the investment round. BitPesa secured $2.5 The investment, announced Wednesday (Feb. Software-as-a-Service.

Fintech 100

Fintech Lending Capital Taxes 100

PYMNTS

DECEMBER 12, 2019

A lack of standardization and infrastructure capabilities makes connectivity difficult for a supplier — for example, a hotel group — trying to integrate its inventory (room) availability to a distributor, so that the distributor can facilitate online bookings. One of the largest disruptors in this area is the virtual card.

Payments 136

Payments Cards Industry Marketing 136

PYMNTS

APRIL 2, 2018

Here in the United States, tax season looms, of course, which may put additional pressure on cryptos. The specific directive from William Galvin, the state’s head securities regulator, commands that those firms abandon the sale of what have been termed “unregistered securities.” The firms named include Mattervest, Inc.,

United States 110

United States social media Arizona cryptocurrency 110

Independent Banker

MARCH 31, 2022

s senior executive vice president and group head of human resources and facilities. “At 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.

Missouri 142

Missouri Community Bank Community Management 142

PYMNTS

APRIL 1, 2019

Companies are also turning to digital marketplaces to tap into workers’ expertise while lowering operating costs. . These platforms can transfer money securely with blockchain-enabled transactions, which keep the funds safe from cybercrime while adhering to global financial regulations. Digital onboarding in the gig economy .

Payments 183

Payments Survey Online Company 183

South State Correspondent

MAY 1, 2024

Banks should extend their elite accounts, provide events, and conduct campaigns to tell the story of the bank and its capabilities to accountants, lawyers, tax professionals, trade association officials, and other groups rather than provide an outsized influence on a target customer segment. months, including an annual operating cost.

Innovation 195

Innovation social media Branding Marketing 195

CFPB Monitor

JANUARY 9, 2020

The letter also references the new index named the Secured Overnight Financing Rate (SOFR) created by the Federal Reserve Board of Governors and the Federal Reserve Bank of New York (FRBNY) in conjunction with the Treasury Department. Processes fro communications with customers and counterparties.

Regulation 78

Regulation New York Management Taxes 78

PYMNTS

APRIL 14, 2017

DataVisor’s Unsupervised Machine Learning Engine detects groups of malicious users by linking them together by a variety of shared attributes. Unlike mass-registered fake accounts, they contain valuable information such as financial data, and their activities are less likely to raise the suspicion of security solutions.

Fraud 112

Fraud Online Big Data Taxes 112

PYMNTS

MARCH 2, 2018

“This volume of investment reflects the soaring demand within financial services for new digital innovations as these technologies prove their value and applicability in the market,” said Accenture Financial Services Group Chief Executive Richard Lumb in another statement. For markets like the U.K., Alternative Lending.

Fintech 118

Fintech Capital blockchain Lending 118