Payments Dive

MARCH 5, 2020

tax policy at Avalara, explains why the technological innovation taking place across the convenience store industry has drastically increased the burden of product management, compliance, and shipping on businesses placing their stake in the omnichannel landscape. Scott Peterson, VP of U.S.

Taxes 371

Taxes Policies Compliance Innovation 371

PYMNTS

NOVEMBER 14, 2018

As the saying goes, nothing in life is certain but death and taxes. To be certain of taxes, will blockchain seal the deal? Last week, Thailand’s Revenue Department was reported to be bringing blockchain projects into the fold to track tax payments, aided by machine learning.

Taxes 141

Taxes blockchain Data Report 141

PYMNTS

JANUARY 11, 2021

Here’s the latest news from the technology industry, which is coming under increasing global scrutiny from governments around the world. US Trade Representative: India, Italy, Turkey Digital Taxes Discriminates Against US Firms. US Trade Representative Halts Plan To Tax $1.3 The USTR is suspending an initiative to tax $1.3

Taxes 132

Taxes US Compliance social media 132

PYMNTS

FEBRUARY 26, 2019

to allow businesses to pay their corporate taxes in bitcoin. During the first tax season in which crypto payments were an option for Ohio companies, only two businesses in the state actually used cryptocurrency to do so. Some industry innovators are looking to drive change, however.

Taxes 145

Taxes Ohio cryptocurrency Payments 145

Abrigo

SEPTEMBER 29, 2016

Sageworks hosted the 5th Annual Risk Management Summit September 14-16 at the AT&T Executive Education and Conference Center in Austin, Texas. The Summit was the largest Sageworks event to date and featured presentations from industry leaders, interactive roundtable discussions, panels and networking opportunities.

Risk Management 150

Risk Management Management Taxes Austin 150

PYMNTS

APRIL 5, 2018

Filing taxes is hardly a walk in the park. Fortunately, online tax filing solutions have helped cut through the mounds of paperwork that go into preparation and filing — and consumers seem to be rejoicing. The average federal tax refund is $2,960 — $3,091 for direct deposit filers — as of March 2018.

Taxes 100

Taxes Tools Payments Cards 100

Perficient

DECEMBER 1, 2022

Across industries, so much of marketing effectively comes down to timing — appealing to the right person, at the right place, at the right time. However, wealth management firms must walk a fine line between granting their advisors more marketing freedom and ensuring all marketing and outreach meet regulatory standards.

Taxes 294

Taxes Customer Experience Marketing Compliance 294

PYMNTS

JANUARY 25, 2021

Here’s the latest news from the technology industry, which is coming under increasing global scrutiny from governments and consumers. . Amazon Plans to Raise Fees for Companies in Wake of New Digital Tax in Spain . Sources told the outlet that some Big Tech chief executives were mulling sending legal experts on tax and competition.

Taxes 141

Taxes Google Compliance Apple 141

PYMNTS

JANUARY 30, 2020

Talk of “friction” in the payments industry is mostly about removing obstacles to consumer transactions, and how easily (or not) those payments get processed on the backend by merchants and banks. Weddings and events are another sector experimenting with card-based spend management efforts.

Management 130

Management Las Vegas Cards Taxes 130

PYMNTS

JUNE 22, 2018

Supreme Court opened the door to state collection of sales taxes for eCommerce purchases, questions swirled about software, Congressional action, marketplace sellers and how consumers would react. Speculation about hassles caused by a lack of tax-calculating software is a “nonissue,” he added. A day after the U.S.

Taxes 114

Taxes Online South Dakota Retail 114

South State Correspondent

APRIL 4, 2024

Secular changes occur over many business cycles, tend to be slow-moving, and are more difficult to manage with business strategy. However, because bank capital has an average expected life of 15 to 20 years, bank managers must gauge and react to secular changes that will impact their business model.

Risk Management 195

Risk Management Community Bank Policies Community 195

PYMNTS

DECEMBER 4, 2018

3), the services offered from the TD Wealth Management for Healthcare Practitioners group include access to senior private bankers, investment managers, financial planners and lending specialists with expertise in the healthcare industry. Announced in a press release on Monday (Dec.

Industry 128

Industry Management Taxes Lending 128

PYMNTS

OCTOBER 19, 2018

Microsoft is rolling out a new corporate expense management solution designed for iOS devices, the company announced on Thursday (Oct. “Keeping, sorting and tracking paper receipts is annoying and inefficient,” Microsoft Product Manager for Spend Heman Chawda said in a statement.

Management 139

Management Taxes Data Mobile 139

Abrigo

NOVEMBER 25, 2014

For some accountants, tax and audit services are attractive for the recurring revenue streams and steady client base they provide. But those referrals can be risky, according to Paul Wapner, CPA/ABV, CGMA, who is manager of forensic and valuation services for the AICPA.

Taxes 170

Taxes Guidelines Maine Regional 170

PYMNTS

JUNE 9, 2019

International Monetary Fund Managing Director Christine Lagarde issued a warning over the weekend about the impact artificial intelligence may have on the financial system across the globe. The meeting also resulted in the Group of 20 finance ministers announcing they will work together to create common rules to close corporate tax loopholes.

Industry 190

Industry Big Data Fintech Taxes 190

PYMNTS

AUGUST 23, 2019

Payroll provider OnPay is collaborating with accounting software company Xero to bring back-office services to the agricultural industry, Accounting Today reported on Wednesday (Aug. With Farm Credit Services of America , OnPay and Xero already have a relationship through the Magnify agriculture management software.

Industry 112

Industry Software America Taxes 112

American Banker

APRIL 16, 2024

The Toronto-based bank has spent the last two years gathering client input and building a platform for customers to manage the flow of payments and receivables, pay taxes in the most efficient jurisdictions, balance currency risks and more.

Management 36

Management Taxes Payments Industry 36

Accenture

APRIL 21, 2017

A recent Accenture roundtable discussion concluded that European banks have the opportunity to develop innovative transaction banking offerings using virtual accounts, such as virtual cash management, to address changing market needs and create new business models.

Management 200

Management Innovation Taxes Marketing 200

PYMNTS

AUGUST 5, 2019

International Business Machines Corp (IBM) and blockchain consultancy Chainyard have announced a new blockchain network for supply chain management designed to improve supplier validation, onboarding and life cycle information management, IBM said in a press release on Aug. 5 (Monday).

blockchain 122

blockchain Management Tools Taxes 122

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. ” What is clear, though, is that demand for T&E technologies is on the rise.

Management 116

Management Compliance Taxes Marketing 116

South State Correspondent

JUNE 7, 2023

Bank ERC Background Bank ERCs is a refundable tax credit available to businesses, including financial institutions, affected by the global pandemic as granted under the CARES Act and modified by the Relief Act. ERC Assist is SouthState’s unique service customized for the banking industry.

Taxes 195

Taxes Meeting Operations ATM 195

PYMNTS

SEPTEMBER 26, 2018

Reports in CNBC said Davidson described the existing legislative framework in the cryptocurrency market as “sloppy,” and invited industry stakeholders to participate in the roundtable in an effort to “preempt a heavy-handed regulatory approach that could stall innovation and kill the U.S. ICO market.” ”

Management 164

Management cryptocurrency blockchain Regulation 164

FICO

JUNE 1, 2023

Trends in the macro environment are seen throughout the credit card industry Rising prices, increases in the cost of securing and carrying debt, and the fear of higher unemployment rates are trickling through to consumer behavior on credit cards. 19 report on Consumer Credit) translating to ~$70 more in interest per $10,000 in debt.

Trends 52

Trends Industry US Cards 52

PYMNTS

FEBRUARY 25, 2019

As such, they can struggle to organize flight bookings, handle payments, manage trip expense records and more. The February Workforce Spend Management Tracker , a collaboration with PEX , tracks how solution providers are seeking to bridge this gap to meet the business travel expense management needs of SMBs and freelancers.

Management 122

Management Software Resources Mobile 122

South State Correspondent

MARCH 21, 2023

ERC gave eligible businesses a refundable tax credit of up to 50% of $10,000 for qualified wages paid per employee. Community banks can now white label this same product to onboard and process employee retention tax credits for the bank’s small business customers AND prospects. In 2020, the U.S.

Taxes 195

Taxes Community Bank Community Operations 195

Abrigo

JULY 15, 2015

The transition from compliance to consulting makes sense: tax season is just that, a “season,” and nearly 60 percent of respondents to a Sageworks survey indicated they saw an increase in total revenue by adding financial services to their accounting practice.

Management 150

Management Resources Capital Taxes 150

Abrigo

FEBRUARY 26, 2015

While tax accountants may not be able to see the light at the end of the busy season tunnel yet, the spring is sure to come. If your firm has already begun post-busy season planning, partners and managers have likely touched on shifting into consultant mode during the coming weeks.

Taxes 150

Taxes Video Compliance Meeting 150

FICO

JUNE 11, 2019

Tax agencies have a limited amount of resources to pursue tax compliance activities (collections and audit). Tax Compliance - Why Use Analytical Models at Tax Agencies? The IRS, among other tax agencies are investing in predictive analytics. Tax Compliance - Predictive Analytical Models. Three Types.

Taxes 58

Taxes Analytics Compliance Resources 58

PYMNTS

JULY 21, 2017

Small business accounting and cash management took home the gold this week, with two startups raising a collective $93 million in funding. But the streak of B2B FinTech investments continues for startups of several industries, including cybersecurity, alternative finance and more. Expense Management. Canada and India.

Management 100

Management Capital Taxes Security 100

South State Correspondent

APRIL 18, 2023

Banks developing and delivering a relationship banking model can outperform the industry. Therefore, commercial lenders must develop a strategy to increase industry knowledge in finance, business, accounting, tax, mergers/acquisitions, or other fields. This article shares a simple strategy a successful lender (Linda N.)

Strategy 195

Strategy Regional Industry Community Bank 195

PYMNTS

AUGUST 20, 2020

Managing cash flow for landlords is already a challenge, according to Manoj Varsani, CEO and founder of U.K.-based As he recently told PYMNTS, traditional financial institutions (FIs) can lack the industry-specific knowledge and product offerings to address landlords’ unique pain points, which go far beyond managing late payments.

Taxes 141

Taxes Management Industry Payments 141

PYMNTS

NOVEMBER 29, 2017

The cannabis industry brought in a little over $6 billion in revenue in 2016 — a figure that some estimate will grow to as much $50 billion by the year 2026. The problem crops up with the “legal-ish” description of the weed industry. Where we come at it from, is there are not a whole lot of solutions available to the cannabis industry.

blockchain 102

blockchain Industry District of Columbia Florida 102

PYMNTS

MAY 19, 2020

Electronic payments processing is becoming “increasingly critical” for Ontario Systems’ customers, which mandated the acquisition of SwervePay acquisition, a payment facilitator in the accounts receivable management and healthcare industries.

System 239

System Payments Taxes Software 239

American Banker

SEPTEMBER 22, 2023

Northwest Bank starts search for new CFO; Plains State Bank acquires wealth management, tax businesses; Bank of America names new heads for North America industrials banking; and more in the weekly banking news roundup.

America 56

America Taxes Industry Management 56

South State Correspondent

JUNE 30, 2023

There are several ways for bank managers to address this issue and better align relationship pricing with bank profitability. The Issue with Relationship Pricing and Profitability The US banking industry has been unable to consistently earn a return on capital equal to its average cost (approximately 11% over the last few decades).

Resources 195

Resources Community Bank Capital Community 195

PYMNTS

SEPTEMBER 8, 2020

The financial services industry saw 21,000 positions added in July. In an interview with Karen Webster, Patrick Luther who is the industry principal of financial services at Ceridian , illustrated how on-demand pay can help improve the overall financial situation for those working in the sector.

Taxes 170

Taxes Los Angeles New York City New York 170

PYMNTS

FEBRUARY 8, 2018

If death and taxes are sureties, insurance payments rank up there, as people insure homes and autos and apartments against any number of calamitous scenarios. In an interview with PYMNTS, Colin Zalewski, senior product marketing manager for One, Inc., In one example, One, Inc.

Taxes 101

Taxes Payments social media Policies 101