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 10, 2020

Several companies, including Twitter , are urging European Union regulators to “defend the Open Internet.” Beyond addressing the problem of illegal and harmful internet content, there are questions regarding antitrust rules as well as how to reform the tax system. Strict rules must be enforceable,” he said.

Company 225

Company Regulation Taxes Regional 225

Abrigo

JUNE 27, 2023

Key Takeaways Real estate markets are vulnerable to money laundering and fraud because of their transaction size and appreciation over time. Regulations such as Geographic Targeting Order updates help identify AML risks by requiring identification for certain real estate purchases. Why real estate?

El Paso 195

El Paso Miami United States New York City 195

PYMNTS

OCTOBER 22, 2019

Elizabeth Warren worried that banks could potentially use the problems to justify easing regulations on the banking industry as a whole. Warren , who is a member of the Senate banking committee, said she’s “concerned” about whether banks will claim that the liquidity regulations imposed on them after the financial crisis are too strict.

Marketing 100

Marketing Lending Regulation Taxes 100

PYMNTS

DECEMBER 8, 2019

The two-year bond will come to the market with 3.25 We have used our own blockchain-based bond issuance system in the process,” the bank said in the statement, according to CoinDesk. This is also the first bond issuance ledger system that is based on blockchain in the country.”. percent coupon rate. “We

blockchain 132

blockchain Bitcoin Taxes cryptocurrency 132

BankBazaar

DECEMBER 12, 2023

While NPS is an investment that is linked to the market and is regulated by the Pension Fund Regulatory and Development Authority (PFRDA). lakh annually with tax breaks under Section 80C. This stability and tax efficiency appeal to risk-averse investors, evident in the current 7.1% return rate. PPF or NPS?

Taxes 78

Taxes National Marketing Regulation 78

PYMNTS

APRIL 30, 2019

A venure that would make it easier for consumers to pay for purchases in bitcoin is applying for a license from New York state regulators. “This structure will provide the first end-to-end regulated environment for price discovery of crypto — ? Suspension, Taxes and a Breach.

Bitcoin 134

Bitcoin Taxes New York Oklahoma 134

Abrigo

SEPTEMBER 1, 2021

Drug Trafficking Organizations (DTOs) are a key concern From drug cartels to street gangs, the illegal drug market has been a constant money-maker for DTOs. . financial system by relying on professional money laundering networks. Would you like others articles like this in your inbox? Trade-Based Money Laundering. Going Forward.

Training 195

Training Regulation Community Austin 195

PYMNTS

AUGUST 3, 2018

For much of the world, electronic invoicing is taking off — not only for the benefits it offers, like enhanced cash flow visibility, but largely because jurisdictions are implementing eInvoicing regulatory requirements to crack down on tax evasion. Europe and Australia, too, have eInvoicing mandates in place.

Regulation 101

Regulation Data America Payments 101

PYMNTS

OCTOBER 5, 2020

Regulation. The General Court judgment raises important legal issues that are of relevance to the Commission in its application of State aid rules to tax planning cases,” Executive Vice President Margrethe Vestager said in the statement. Data Activist: Big Tech Not Following Transatlantic Data Transfer Regulations. 25 statement.

Data 229

Data Google Compliance Apple 229

PYMNTS

NOVEMBER 12, 2018

The Nassau Guardian reported that the framework will address many of the regulatory challenges the bank associates with crypto, including tax evasion, market volatility, fraudulent initial coin offerings (ICOs), and anti-money laundering policies.

Marketing 179

Marketing cryptocurrency social media blockchain 179

PYMNTS

SEPTEMBER 25, 2019

The legislation aims to ensure that state-authorized and regulated cannabis businesses are not forced to operate with cash only. This bipartisan bill addresses a pressing public safety issue for businesses that legally grow, market or sell cannabis in states that have legalized its use and that are currently forced to operate with cash only.

Ohio 235

Ohio Colorado Washington California 235

Gonzobanker

JUNE 18, 2019

Welcome to the sleepy world of core banking systems. The banking industry has become accustomed to baby steps in core systems development, with a truly new product rolling out only once every few years. However, a new era of core systems competition is about to begin with almost everything on the table for change.

System 87

System Strategy Technology Industry 87

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. Take the market’s VAT legislation, for example. Tax fraud is a massive threat of corporates. billion every year.

Taxes 102

Taxes Fraud Compliance Regulation 102

PYMNTS

SEPTEMBER 25, 2018

is the company’s most searched destination when it comes to traveling outside of North America, thus the expansion into the market. could face regulation similar to that of traditional car rental companies. According to reports citing Turo Chief Executive Andre Haddad, the U.K. The average trip on the site earns an owner $170.

San Francisco 122

San Francisco Maryland Illinois Taxes 122

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. This is a really seismic shift.”. We've gone from [trade + 5 days to settle, to trade + 2 days].

blockchain 193

blockchain Bitcoin Regulation System 193

Abrigo

MARCH 22, 2023

Trade-based money laundering is the process of moving illegal funds through the international trade system to legitimize them. A well-known example of a TBML system is the Black Market Peso Exchange , where U.S. Banking regulators and criminals understand TBML, so be sure your AML investigative team also does.

Training 195

Training Fraud New Jersey Regulation 195

PYMNTS

OCTOBER 22, 2019

Elizabeth Warren worried that banks could potentially use the problems to justify easing regulations on the banking industry as a whole. Warren , who is a member of the Senate banking committee, said she’s “concerned” about whether banks will claim that the liquidity regulations imposed on them after the financial crisis are too strict.

Lending 101

Lending Regulation Taxes cryptocurrency 101

PYMNTS

DECEMBER 12, 2019

continues to take significant steps toward a faster payments ecosystem , the market undoubtedly lags behind others across the world in the path toward real-time payments ubiquity. unlike markets like the U.K. ACI Worldwide Executive Vice President of Growth Markets Mandy Killam elaborated on the complexities of the U.S.

Payments 181

Payments Regulation Marketing National 181

PYMNTS

SEPTEMBER 24, 2019

Chinese regulators have given the green light to Alibaba to restructure Ant Financial, which will open a path for an initial public offering (IPO) for the Chinese payments company. . percent of pre-tax Ant Financial profit for a 33 percent stake in equity. percent of pre-tax Ant Financial profit for a 33 percent stake in equity.

Taxes 130

Taxes Regulation Company Fintech 130

Banking 2020

NOVEMBER 25, 2015

China has introduced new draft rules that are intended to tighten regulations governing online payments in the country. A booming market. Chinese market research company iResearch estimates that in the first quarter of 2015, a total of 2.4 The impact of tougher regulations.

Regulation 40

Regulation Online Marketing Payments 40

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. “Some observers will define the market as $10 million in the top line to $1 billion.

Management 116

Management Compliance Taxes Marketing 116

PYMNTS

OCTOBER 17, 2018

Blockchain company DMG Blockchain Solutions is rolling out a new supply chain management solution designed for the legal cannabis market. Greater transparency means faster product recalls, greater ability to ensure compliance and legality of the product’s source and safety, and increased support for legal and tax compliance, he said.

blockchain 156

blockchain Compliance Management Bitcoin 156

PYMNTS

JANUARY 12, 2021

The advantages of outsourcing the back-end integrations and compliance issues tied to, say, international markets can accrue swiftly to corporates’ bottom lines, free up resources and streamline back-end processes. Flexibility Is Key.

Payments 260

Payments Compliance Technology Taxes 260

PYMNTS

OCTOBER 3, 2019

The Dama solution will allow cannabis businesses to transact like any other business would, and I’m proud to bring this first-in-class system to the industry.”. “We Cannabis-related businesses are locked out of the banking system, and cannot maintain checking accounts, process payroll obligations or pay taxes.

Compliance 130

Compliance Industry California Taxes 130

Abrigo

DECEMBER 18, 2023

Takeaway 2 Advisors recommend that financial institutions look behind some of the headlines and examine their own markets before ruling out CRE altogether. But understanding trends in their own portfolios and local markets can allow lenders to identify risk-appropriate CRE credits. I believe there are opportunities out there.

Risk Management 221

Risk Management Management Lending Capital 221

PYMNTS

AUGUST 3, 2020

Numerous economic, social and technological trends are rendering this system more outdated, however. One reason could be that tax withholding rules and other regulations can make early payouts more difficult to manage for hourly or salaried workers — those classified in the U.S. The Flexible Pay Imperative And On-Staff Workers.

Payments 211

Payments Taxes Case Study Examples 211

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

PYMNTS

JULY 1, 2019

The Bank for International Settlements (BIS) has sent out a warning about the rise in corporate borrowing, saying it could be a danger to the global financial system, according to The Guardian. While firms in the U.S. — and, to a lesser extent, the U.K. have accounted for the bulk of the issuance, holdings are spread out more widely.

Taxes 128

Taxes Policies Regulation System 128

BankUnderground

MARCH 12, 2024

Prior to the late-seventeenth century, English money comprised predominantly silver coin and in the subsequent two centuries mainly gold coin, before evolving to include paper banknotes and bank accounts linked to card, internet and app-based payment systems. They became the first paper money accepted for payment of tax.

Taxes 100

Taxes Examples Policies Payments 100

Bank Innovation

MAY 11, 2017

I sat down with the marketing team at Anthemis to discuss the opportunities and geopolitical challenges of open finance. Banking licences protect banks when it comes to deposits business because it’s of systemic import but why should it give them an unfair advantage anywhere else right? Care to elaborate? trade dispute or both?

Regulation 252

Regulation Regional Apple America 252

Gonzobanker

FEBRUARY 22, 2024

The right talent and tools can equip bankers to take advantage of opportunities in the small business market. As bankers continue to fight the deposit wars, they must move past the polite talk and build a true go-to-market plan to capture the lucrative U.S. No two markets are created equal.

Lending 78

Lending Community Bank Community Strategy 78

PYMNTS

OCTOBER 29, 2019

Tax regulators in China granted approval for Tencent to lead an initiative aimed at developing international standards for invoices sent via blockchain-based platforms, reports said. Dubbed “General Framework of DLT-Based Invoices,” the project will also see support from the U.K., Sweden, Brazil and Switzerland.

blockchain 101

blockchain Taxes Regulation Report 101

PYMNTS

AUGUST 1, 2019

expense management platform Sweep , professionals like gig workers, freelancers and the smallest of the SMBs are being left out of the T&E solutions market because they lack those resources. A few years ago, you would not have been able to build the system that we built [with Sweep],” he explained. Focusing On Integration.

Taxes 151

Taxes Resources Management Analysis 151

PYMNTS

SEPTEMBER 26, 2018

Representative Warren Davidson (R-Ohio) is hosting a “Legislating Certainty for Cryptocurrencies” roundtable, with financial firms, venture capitalists (VCs) and cryptocurrency companies all gathering to say their piece on the shaping of crypto regulation. ICO market.” ”

Management 164

Management cryptocurrency blockchain Regulation 164

Jeff For Banks

NOVEMBER 1, 2017

Quarterly Financial Markets & Economic Update- October, 2017 I love this time of year. The markets have not given way to anything, with long term bonds still trading in a tight range and short term rates having risen from Fed action. Tax cut and tax reform proposals have been floated. What Does the Economy Need?

Marketing 60

Marketing Taxes DC Community Bank 60

Abrigo

FEBRUARY 23, 2023

For smaller banks, longer-term industry consolidation trends and competition are also eroding deposit market share. According to the Federal Reserve Bank of Kansas City , community banks’ deposit market share dropped to 15% in 2022 from 22% in 2013. Balance runoff is picking up speed, according to financial consulting firm Curinos.

Community Bank 195

Community Bank Kansas City Community Lending 195