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

DECEMBER 7, 2020

Digital B2B payments innovations as diverse as machine learning (ML) automation, cloud-based enterprise resource planning (ERP) systems and virtual cards are gaining unprecedented traction as businesses move to build sustainable B2B payments operations outside of th e office. Forty-five percent of all employed persons in the U.S.

Management 268

Management Cards Company Innovation 268

PYMNTS

JUNE 20, 2019

In this case of retail innovation, that comes down to a former Snap executive taking on Amazon with the launch of a new eCommerce platform. However, it now plans to directly sell merchandise in 11 categories from more than 800 suppliers, including L’Oréal and Black & Decker.

Retail 125

Retail Innovation Online Taxes 125

South State Correspondent

APRIL 4, 2024

The relationship between federal deficits and interest rates may depend on many complex factors, such as: whether tax rate changes, money supply changes, government spending changes, or political and economic stability worldwide accompany the deficits.

Risk Management 195

Risk Management Community Bank Policies Community 195

PYMNTS

SEPTEMBER 23, 2019

Big Brother will keep an eye on Chinese businesses as the government’s social credit system compiles data on the country’s 1.4 million times last year for offenses such as unpaid taxes and fines. million times from purchasing train tickets, and 128 people were blocked from leaving the country because of unpaid taxes.

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Taxes New York System Training 177

PYMNTS

JANUARY 27, 2020

The volume and frequency of money and data in typical business practices continue to increase, yet some businesses are still using manual, paper-based expense reporting systems that can lead to costly mistakes. These systems are only becoming more frustrating for workers, especially as the working world’s average age creeps steadily downward.

Management 160

Management Taxes Tools Metro 160

PYMNTS

JANUARY 16, 2019

The CBA said it will look to include smaller and mid-sized banks on the platform, with eventual additions of tax agencies and customs activities to the platform. Separately, the South Korean government has been eyeing tax breaks for blockchain in a move that looks to bring innovation to the region.

blockchain 206

blockchain Taxes Security Survey 206

PYMNTS

DECEMBER 7, 2020

and abroad that the concentration of power amongst a small number of tech companies is curtailing growth in the tech sector, reducing innovation and potentially having negative impacts on the people and businesses that rely on them.”. Canada Looks to Tax International Tech Firms. “But there is growing consensus in the U.K.

Apple 143

Apple Regulation Taxes Marketing 143

PYMNTS

SEPTEMBER 23, 2019

However, she noted, the process for obtaining one can be pretty opaque — mostly because it involves a series of dense, legalese-filled forms required to create a separate tax entity for a business that can feel overwhelming to an up-and-coming business owner. The world of hourly work, she noted, is much different.

Innovation 148

Innovation Tools Operations Management 148

PYMNTS

SEPTEMBER 20, 2020

Breton’s remarks come amid public hearings on amendments to the EU’s 20-year-old Digital Services Act (DSA), a measure crafted to strengthen digital services, foster innovation and competitiveness of Europe's online environment. Breton said he expects draft legislation will be ready by the end of the year.

Compliance 175

Compliance Regulation System Taxes 175

PYMNTS

JANUARY 24, 2020

Government disbursements can range from child support payments and annual tax returns to pension and retirement fund payouts. Payment Challenges Stall Government Innovations . One problem when implementing new payment software or systems is that other departments may lag in similar efforts.

Payments 130

Payments US Fraud Innovation 130

PYMNTS

AUGUST 3, 2020

But he said merchants also fear taxes. Governments in the region often give full-throated support for digital payments because they make it that much easier for authorities to tax the flow of funds. Small, cash-based merchants don’t see systems that fully declare their income to the government for tax purposes as a winning feature.

Taxes 311

Taxes Regional Payments Examples 311

PYMNTS

JANUARY 27, 2021

We built Check to enable innovation in the way people get paid, and I’m thrilled to share our public launch,” said Check Co-Founder and CEO Andrew Brown in the release. tax jurisdictions with their own sets of rules. With the close of the round, Check has now raised $44 million to date since its formation in 2019.

Taxes 179

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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. The financial services sector is promoting innovation in the area of healthcare financial management.

Management 184

Management Tools Taxes System 184

PYMNTS

SEPTEMBER 17, 2019

Since roughly 2014, the Chinese government has been working on the system, which is designed to be a “method to perfect the socialist market economy system, accelerating and innovating social governance,” according to a State Council notice from 2014. million times last year for offenses such as unpaid taxes and fines.

social media 220

social media System Maine Taxes 220

PYMNTS

MAY 12, 2020

For all the human and business impacts caused by the global coronavirus pandemic, the crisis has also been instructive, particularly in illustrating the shortcomings in systems that worked just fine — until they didn’t. It’s also given innovators a renewed impetus to improve them. There are no direct fees to employees or employers.

Innovation 271

Innovation System ATM Taxes 271

PYMNTS

JANUARY 22, 2020

Fifty-one percent of United States consumers stated in the most recent PYMNTS Disbursements Satisfaction Report that they would prefer to receive tax refunds, child support payments and other government payments through instant payout methods. The state of Illinois is still considering digital disbursements, though innovation remains slow.

Idaho 130

Idaho Illinois Innovation Tennessee 130

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.

Taxes 102

Taxes Fraud Compliance Regulation 102

PYMNTS

JANUARY 2, 2019

In a recent report published by Protiviti and North Carolina State University, analysts found just how important technology and innovation are becoming for corporate executives. “I envision a model where the company pioneering the system issues the credits, unlike the current pay-as-you-go methods. . ”

blockchain 201

blockchain North Carolina Survey Analysis 201

PYMNTS

APRIL 2, 2019

. “We are finally seeing funds being poured back into innovative tech that can help self-employed people and small business owners with their finances,” said Coconut CEO and Co-Founder Sam O’Connor in a statement. ”

Taxes 129

Taxes Metro Tools Regulation 129

PYMNTS

SEPTEMBER 24, 2020

A major factor in this decline has been the rise of improved authentication and security systems at banks like Axis. Shetty even stated that Axis has had no digital banking identity fraud incidents, thanks to a multilayered defense system that incorporates video customer authentication and artificial intelligence (AI).

Video 205

Video Fraud Digital Banking System 205

PYMNTS

JANUARY 11, 2021

Although blockchain technology and Bitcoin, its best-known inhabitant, have been around for 10 years, the world is just now entering a seismic transition from holding account-based assets to a system that uses token-based digital assets. Hamstringing American Innovation. s ability as a country to effectively innovate.

blockchain 193

blockchain Bitcoin Regulation System 193

PYMNTS

OCTOBER 9, 2019

Typical sextortion scams claim to have installed malware on recipients’ systems and recorded their browsing history of adult websites and webcam footage. As the operator of the Swiss financial market infrastructure, we welcome the initiative of the SNB and the BIS to conduct more research into innovative financial technologies in Switzerland.

Bitcoin 116

Bitcoin San Francisco Taxes Compliance 116

PYMNTS

OCTOBER 23, 2020

At a high level, according to Sheard, the “sheer shock” to the system has been one where “if final demand is not there for those goods, that has ripples all the way down the supply chain.”. Everything ultimately is settled in central bank money – at least that's the way the system works,” he said. Where We Are Now.

System 208

System Policies Course Innovation 208

PYMNTS

FEBRUARY 15, 2019

The CloudTrade platform automatically extracts the necessary data and integrates the information into an existing transportation management system, payment platform and other back-office portals. Invoices are tax- and VAT -compliant, the company noted.

Marketing 151

Marketing Taxes Data Analytics 151

PYMNTS

OCTOBER 18, 2019

Samsung SDS will reportedly launch a blockchain-based medical claims processing system this month. According to CoinDesk , the new system will link all hospitals, pharmacies, insurers and other companies in the sector. dollar-backed digital currencies for the payment of government taxes, fees and services.

blockchain 101

blockchain Samsung Bitcoin Innovation 101

PYMNTS

JULY 29, 2019

At the time the transaction was announced, the companies said users would benefit from a “highly complementary combination” that offers a range of payments and financial services, spanning account processing and digital banking, integrated payments and the Clover POS system, among other products and services.

Data 185

Data Leadership Taxes System 185

TheGuardian

AUGUST 6, 2020

Coronavirus has accelerated the shift away from banknotes – central banks must act fast to catch up As the Covid-19 crisis accelerates the long-term shift away from cash (at least in tax-compliant, legal transactions), official discussions about digital currencies are heating up. This is where a lot of the innovation is taking place.

Taxes 80

Taxes Innovation US System 80

PYMNTS

NOVEMBER 5, 2019

The partnership is designed to help Priority Technology extend its services portfolio beyond payments to include marketing, email, tech support and tax services to their 190,000 businesses.

Technology 109

Technology Payments Resources Meeting 109

PYMNTS

MARCH 22, 2017

But then on the other tell any bank or any federal entity that they will completely enforce the Federal Reserve system. That was one of the voices from the Innovation Project’s panel on “The State of Cannabis and Commerce in the U.S.,” They also pay their staff, pay their suppliers, pay their utility bills and pay their taxes.

Payments 123

Payments Taxes Colorado District of Columbia 123

PYMNTS

MARCH 13, 2020

The main challenge in innovating public payments in the U.S. In Oregon, Mastercard is working with a department of revenue officials to improve their direct deposit architecture, while in Idaho the desired improvement is a wider project that would tie tax, healthcare and other types of public disbursements into an online platform. “We

Payments 188

Payments Idaho Oregon Innovation 188

PYMNTS

JULY 21, 2020

” Salesforce states in its news release that sellers will be able to launch new online business-to-consumer sales systems within a couple of weeks rather than months. Those include support for multiple languages and currencies and the capacity to calculate and display value-added taxes.

social media 145

social media Taxes Management Online 145

PYMNTS

SEPTEMBER 3, 2020

The feature can be used to adjust any change in the tax rate charged on food and non-alcoholic beverages. The remote payments app allows merchants to charge customers by sending a payment link via SMS, Whatsapp, email or social media.

social media 298

social media Taxes Online Payments 298

PYMNTS

JULY 10, 2020

“In the same way that we’re witnessing many office workers’ reluctance to return to the workplace even after the pandemic, people won’t want to return to an outdated payment system,” said Warren Perlman , chief information officer at Ceridian. And in recent years, the payroll landscape has been evolving to meet this need.

Meeting 143

Meeting Taxes System Security 143

PYMNTS

SEPTEMBER 27, 2019

Uber Turns App Into ‘Everyday Operating System’. The company plans to merge its ride-hailing and food delivery applications in a fashion that would join its offerings as “the operating system for your everyday life,” as CEO Dara Khosrowshahi said. What Local Sales Tax Laws Mean for Tobacco eSellers .

Data 122

Data North Carolina Kansas City Payments 122

PYMNTS

OCTOBER 28, 2016

Vancouver is considered a magnet for talent – with lower costs of doing business, affordable healthcare, tax incentives, and a growing network of accelerators and support for startups. 1 job creating economy in Canada and the top global startup system. We’re also continuing to bring talented people together to collaborate and innovate.

Bitcoin 100

Bitcoin Taxes Innovation Fintech 100

PYMNTS

AUGUST 2, 2019

In other news, Brazil’s Tax Authority has announced that transactions involving cryptocurrencies must now be reported to the Department of Federal Revenue ( RFB ). He added that it will become the first government agency run on a blockchain-based system and artificial intelligence.

blockchain 148

blockchain Fraud Data Report 148