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

AUGUST 21, 2019

The move illustrates Amazon’s aggressive push to expand in the country, despite stiff competition from companies like Walmart, and stringent regulations in the country regarding foreign eCommerce sites. Because of the competition in the region, Amazon has reportedly been considering partnering up with physical stores.

Arlington 170

Arlington Virginia New York Video 170

Bank Innovation

MAY 11, 2017

rehabilitation and growth has lagged behind the rest of the world, youth unemployment in the region continues to grow, political unrest is destabilising the continent, the progressive socio-economic pledge of Europe is being challenged and vitally, Europe has failed to develop any new corporate global powers for the digital age.

Regulation 252

Regulation Regional Apple America 252

FICO

MAY 25, 2017

million digital records exposed the dark deeds of dirty money and tax evasion and burst the bubble of pretense that the world is effective at dealing with corruption. One in five banks in Asia Pacific say that they expect tax evasion to increase 100 to 500 percent over last year’s levels according to a recent poll by FICO.

Taxes 40

Taxes Survey Compliance Regional 40

PYMNTS

MAY 19, 2020

The mayor, who is also a table games manager at a local casino and hotel, said per the report that he has come across people traveling from states that are close by as well as those that have come from Florida, Texas, New Mexico and New York. As a result, the popularity of brick-and-mortar versus online gaming could vary by region.

Online 130

Online Louisiana South Dakota Mississippi 130

Abrigo

FEBRUARY 23, 2023

Relationship focus helps CFIs Small banks can leapfrog competitors and better serve their communities by combining their unique advantages with smart management and partnerships. Declining deposits, higher cost of funds, and ever-increasing competition are just a few challenges these executives are managing. The result?

Community Bank 195

Community Bank Kansas City Community Lending 195

PYMNTS

NOVEMBER 13, 2017

Small business owners have a lot on their plates today and, depending on who one asks, top concerns range from taxes to late invoice payments. In fact, 45 percent said they are concerned about taxes, making this topic an even greater worry for SMB owners than cash flow management (42 percent) and keeping up with technology (32 percent).

Taxes 105

Taxes Survey Capital America 105

PYMNTS

FEBRUARY 21, 2018

A regional government in Russia is now working with state-backed VEB, reports in CoinDesk said this week, as authorities explore how to use blockchain “to improve the quality of management decisions.”. As regulators begin to consider blockchain regulations, many have signaled a desire not to hamper innovation while doing so.

blockchain 130

blockchain Los Angeles Regulation Oregon 130

Abrigo

SEPTEMBER 10, 2021

BSA was intended to detect illicit activity through cash and monetary instruments to catch tax evaders using secret foreign bank accounts. The importantance of the BSA tole came to be paramount to the entrie risk management program and included as part of the federal safety and soundness examinations. BSA Rules and Regulation.

Training 195

Training Risk Management Pennsylvania Resources 195

PYMNTS

OCTOBER 19, 2016

A new report by Deutsche Bank and the Economist Intelligence Unit (EIU) explored how financial managers are handling the changing winds of the economy and found that macroeconomic conditions are now top of mind as treasurers fight to grow their businesses.

Survey 100

Survey Regulation Strategy Management 100

PYMNTS

DECEMBER 8, 2016

businesses are attracted to digital invoicing for a slew of financial benefits: faster, more efficient accounts payable and reconciliation processes, a reduction in the threat of errors due to manual data entry and ability to capture early payment discounts thanks to an accelerated invoice management process. In the U.S., Still, U.S.

Compliance 100

Compliance Regulation Taxes Fraud 100

PYMNTS

MARCH 1, 2016

And while some of these strategy revamps have been telegraphed, the numbers show some impact from regulations and investigations, as the firm posted a net loss of roughly $547 million (394 million pounds), which is far worse than a year ago at 174 million pounds. Staley, on board. Staley took the reins as CEO at the end of last year.

Operations 100

Operations Strategy United States Regional 100

PYMNTS

OCTOBER 10, 2017

Regional Trends. For instance, in mature APAC markets, small- and medium-sized businesses (SMBs) are driving digitization of B2B payments through increased use of digital invoices, virtual cards and cloud-based financial management and accounting solutions. percent between 2015 and 2020 — significantly lower than the 11.2

Payments 124

Payments Regional America Trends 124

PYMNTS

OCTOBER 22, 2018

And New England isn’t the only place enjoying the autumn chill as it sets in — although we are perhaps enjoying it more colorfully with the region’s famed foliage. They may pretend to be the IRS and tell people they cannot use other payment methods because of their delinquent tax status,” according to the FTC. Some major U.S.

Data 134

Data Fraud Cards Regulation 134

PYMNTS

FEBRUARY 13, 2017

With old rules evolving into new ones, geographic boundaries and their own set of regulations are just some of the many complexities that add friction to the process of international business. Bullock discussed the compliance challenges of various payment scheme regulations that cross-border merchants often need to confront.

Compliance 100

Compliance Taxes Regulation Operations 100

PYMNTS

SEPTEMBER 6, 2016

It may seem like global expansion for the expense management company, but according to CEO David Barrett, it’s simply a reflection of the already globalized operation of the company. In fact, he says, expense reporting and accounting management has always had to be capable of supporting international corporate spend.

Report 100

Report Management Technology Tools 100

Insights on Business

JULY 20, 2017

Regulations, such as Payment Services Directive (PSD2), are forcing banks to “open up”, enabling customers to easily share data with third parties. The emergence of financial technology (fintech) and the push of regulators for more competition are disaggregating and open this closed value chain. Examples of open banking in practice.

Fintech 181

Fintech Mobile Examples Data 181

Jeff For Banks

NOVEMBER 24, 2019

September 1st, 1999, regulators from the Federal Deposit Insurance Corp, at the behest of the Office of the Comptroller of the Currency, descended on a small coal mining town in Keystone, West Virginia. Clearly, blue-suit regulators stood out. He set the tone for antagonizing regulators. The blue-suits were not well-received.

National 78

National West Virginia Virginia Pennsylvania 78

PYMNTS

JANUARY 19, 2021

But reaching a broader range of consumers, accommodating their payment preferences, and satisfying regulatory and tax issues in unfamiliar territory introduces a host of new operational challenges for these companies. Retailers are entering new markets at a time when regulations are becoming more complex and costly, not less.

Branding 322

Branding Taxes Fraud Regulation 322

Gonzobanker

DECEMBER 17, 2021

From nowhere, sizable regional players are being created. Performance and multiples continue to be solid, outperforming most regional banks. Congrats to Randy and a great management team. The regulator and media pressure on overdraft fees has been a constant challenge to overdraft revenue. Has to be M-O-E. Has it worked?

Fintech 147

Fintech Strategy Leadership Lending 147

Fintech Labs Insights

JUNE 29, 2016

Client Lifecycle Management solution provider Fenergo is boosting the capabilities of its Tax Compliance suite. The enhanced version of the company’s CRS Compliance Solution is geared toward improving tax regulation compliance through improvements to the Three Rs: Rules, Remediation, and Reporting.

Compliance 15

Compliance Taxes Management Regulation 15

FICO

DECEMBER 21, 2016

To help in those efforts, regulators are requiring firms to improve their KYC programs with more detailed data and advanced analytics. Today, it’s really only Tier 1 banks that use analytics in AML, KYC and tax compliance areas. Kibble, Homeland Security Investigations regional attaché to the Netherlands for the U.S.

Compliance 40

Compliance Analytics Taxes Groups 40

CB Insights

FEBRUARY 13, 2020

Stripe Connect and billing services help companies manage marketplaces, subscriptions. This process also comes with hurdles like regulations, fees, compliance standards, and payment card issuers — all of which become increasingly complex for international transactions. Stripe Billing optimizes subscription and invoice management.

Online 98

Online Company Retail Payments 98

CB Insights

OCTOBER 26, 2020

This regulation reduced trading profits and created a need to cut costs, spurring investment banks to spin off unprofitable divisions or eliminate them entirely. In the world of asset management, the biggest players are now dedicated firms like Vanguard. The disruption of asset management. Table of contents.

Management 78

Management Capital Company Marketing 78

PYMNTS

JANUARY 31, 2020

As an ex-PayPal-er herself, Mielke noted that she is happy for PayPal — as having a partner like UnionPay paired with the payments license it managed to secure with the GoPay acquisition late last year are an incredibly powerful combination. It depends a little on how this plays out. If it goes on, it could have significant economic impacts.

Bitcoin 100

Bitcoin Payments Los Angeles blockchain 100

CB Insights

OCTOBER 10, 2018

Startups targeting retail and commercial banking have been emerging globally, spurred by favorable tech regulations, an uptick in mobile adoption, and shifting customer demographics. Existing startups like the UK’s Revolut are also looking to expand in the region. why profitability won’t come easy.

Retail 78

Retail Cards Millennials Mobile 78

NCR

JULY 27, 2016

The immediate aftermath was both shocking and predictable: Markets took a massive hit in many regions, the British pound fell to its lowest point since the mid-’80s, and even the UK’s perch as the world’s fifth-largest economy looked precarious. None of this will be easy.

Survey 40

Survey Regulation Boston Industry 40

South State Correspondent

MARCH 15, 2023

While we wrote about the root cause of the failure of Silicon Valley Bank (SVB) HERE , the lessons of the current banking crisis go beyond interest rate risk management. Some form of this ratio will likely be applied to the national and regional banks, which means larger community banks will also be judged by this ratio.

social media 195

social media FDIC Branding Management 195

FICO

OCTOBER 26, 2017

You would think one system would be enough to manage foreign tax compliance. In 2010 the IRS (Internal Revenue Service) started to define the details of FATCA (Foreign Account Tax Compliance Act). CRS reporting is more of a regional topic (e.g., A single customer can be a US-person with various tax residencies.

Taxes 53

Taxes Compliance Report US 53

PYMNTS

DECEMBER 14, 2020

The Commission Nationale de l’Informatique et des Libertés (CNIL), the French data protection watchdog, has hit Amazon and Google with significant financial penalties for allegedly contravening regulations on the digital advertising trackers known as “cookies,” CNBC reported. Amazon was told to pay 35 million euros (approximately $42.5

Google 132

Google social media Compliance Regulation 132

Lars Markull

JULY 1, 2020

In the past three blog posts, we have described what is driving open banking, the history of Open Banking, and the current status of Open Banking in different regions. This is at the center of most Open Banking regulations and can be achieved with the right design and guidelines. . Some examples are Finanzguru or Check24.

Risk Management 69

Risk Management Data Examples United States 69

Lars Markull

JULY 1, 2020

In the past three blog posts, we have described what is driving open banking, the history of Open Banking, and the current status of Open Banking in different regions. This is at the center of most Open Banking regulations and can be achieved with the right design and guidelines.  Some examples are Finanzguru or Check24.

Risk Management 52

Risk Management Data Examples United States 52

Alex Jimenez

FEBRUARY 27, 2019

Chris Brasher, Head of Banking Ops at Regions Bank talked about using Watson not just to drive more self-service but also to help bank staff assist customers better and quicker. Admittedly, I’ve been away from directly managing digital banking and haven’t kept up with IBM Trusteer. It must be built to serve the business.”.

blockchain 40

blockchain Conference Security Innovation 40

PYMNTS

MAY 22, 2017

They all hit different parts of the enterprise, too, he continued, touching accounts receivable and accounts payable, some on local and regional scales, some on a global scale. “I But, Wetekamp said, adding compliance into the already complicated process of procure-to-pay and invoice management across buyer and supplier can be a headache.

Compliance 104

Compliance Regulation Strategy Regional 104

FICO

DECEMBER 9, 2019

As I think about predictions for next year in debt management for Europe and the UK, there are three big concerns: Consumer indebtedness has not abated at all and has reached record highs in some markets. Meanwhile the Credit Management Service (CMS) sector — debt purchasers and servicers — are seeking to deleverage. Source: [link].

Analytics 52

Analytics Regional Strategy Regulation 52

PYMNTS

JANUARY 30, 2018

But it’s a significant milestone nonetheless that federal regulators will be required to pay suppliers via eInvoice by the end of fiscal year (FY) 2018, meaning 19 million invoices government agencies pay every year will have to be electronic. Of all the regulatory changes occurring in the U.S. government and governments in other markets. “I

US 106

US Minneapolis Regional America 106

PYMNTS

MARCH 21, 2018

Globalization, while supporting business growth, places new pressures and challenges on the payroll department — particularly when it comes to compliance and the need to manage regulations that continue to evolve both within and across borders. But just as regulations are changing at “light speed,” technology is too.

Compliance 109

Compliance Survey Resources Regulation 109