PYMNTS

NOVEMBER 13, 2020

Osome connects small and medium-sized businesses to a digital business assistant app to automate accounting, payroll and tax compliance workflows. The company secured the funding from an unnamed angel investor, reports said. and Hong Kong. The company's seed funding is the largest-ever seen in the country and was led by Target Global.

Capital 229

Capital Cards Fintech Payments 229

Bobsguide

JUNE 3, 2022

The new Banca Carige smart branches operate in parallel with the traditional network and utilise greater automation and innovative digital banking capabilities enabled by Auriga’s #NextGenBranch solutions. The latter allows customers to carry out all the operations of traditional branches and to receive assistance from remote operators.

Video 78

Video Customer Experience Operations Digital Banking 78

PYMNTS

MAY 8, 2020

Consumers sitting down to bet through their computers or phones likely do not want to receive winnings via checks and expect effortless digital payments — even with online gambling platforms’ security measures ensuring winners are properly verified. million in March 2020 from $67.5 million in March 2019. The state has earned $24.3

Online 176

Online Industry New Jersey Pennsylvania 176

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.” Brooks said.

Wyoming 153

Wyoming cryptocurrency Regulation blockchain 153

PYMNTS

JANUARY 19, 2017

We are delighted to receive the FCA approval for our operations in the United Kingdom. The FCA regulatory approval will enable us to meet the growing demands of our global partners and clients who require accessibility to efficient fund flows and secure cross-border payments between the U.K. and China.”.

Payments 100

Payments Meeting Taxes Security 100

Abrigo

FEBRUARY 23, 2023

At the same time, asset-based liquidity options at some community banks have been constrained by large unrealized losses in available-for-sale securities. They can do that by continuing to foster a relationship that meets the customer’s needs with quick decisions and personal attention. The result?

Community Bank 195

Community Bank Kansas City Community Lending 195

Abrigo

SEPTEMBER 26, 2017

Make it easier to communicate Cloud-based technology provides secure portals for clients to provide and access confidential documents without the need for emails or paper. All of these efficiency gains stemming from communication can help the practice operate more efficiently and grow.

Technology 150

Technology eBook Taxes Meeting 150

PYMNTS

SEPTEMBER 17, 2020

Whether that's a lack of security if a piece of paper falls into the wrong hands, or simply the pain of having to manually store a document or capture its data, paper is far from the most efficient way to do business. The goal of increasing operational efficiency is universal.". Organization is organization," said Wood.

Compliance 157

Compliance Taxes Industry Data 157

PYMNTS

NOVEMBER 23, 2020

as the technology and use cases have changed from peer-to-peer to B2B, [businesses say they are] willing to pay [for RTP] – but when the rubber meets the road, we've seen that adoption is much slower than the research shows, much to my chagrin.”. And there's a security … that sits with a check. For faster forms of payment.

Data 143

Data User Experience Fintech Lending 143

PYMNTS

NOVEMBER 19, 2019

PayQwick Chief Operating Officer Bob Craig told PYMNTS in a recent interview that it’s not that financial institutions (FIs) don’t want to address this challenge and bank the underserved legal marijuana industry — it’s that the burden is so large that they are often unable to meet its requirements in-house.

Company 109

Company Compliance Payments Taxes 109

PYMNTS

AUGUST 5, 2019

That new industry is growing, and new services, including online ordering and delivery, are rising to meet consumer demands for legal pot. Navigating corporate ownership can be complex, particularly for companies that have operations outside of their domestic markets and set up separate entities for many legitimate reasons.

Company 163

Company Payments Fraud Meeting 163

PYMNTS

APRIL 23, 2019

Bookkeeping is at the core of many essential processes in the back office: tax filing, working capital management and access to financing, to name a few. The firm secured $1.8 Yet, without a solid understanding of underlying data, business owners will struggle to move forward. .

Fintech 154

Fintech Taxes Capital Analysis 154

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. I didn’t meet the first decent person in my life until I was 16,” Johnson said.

Fraud 120

Fraud Taxes Community Cards 120

PYMNTS

SEPTEMBER 27, 2017

Despite the misleading “secure” designator “https,” Darrin Edelman, Token of Trust CEO, says this is a fake. And for all of the above, check a site like Charity Navigator to confirm whether a charity is reputable, and/or cross-reference the Better Business Bureau (BBB) Charity Report to ensure it meets the bureau’s accountability standards.

social media 130

social media Security Taxes Operations 130

PYMNTS

APRIL 19, 2019

payroll processing company Payescape , said this area of the back office may have a larger influence on how accountants operate than some may believe. That’s particularly true when it comes to compliance and data security. However, Steven Jones, business development manager of U.K. In the U.K.,

Innovation 154

Innovation Compliance Technology Resources 154

PopularBank

OCTOBER 28, 2020

The branch closures, which are expected to be completed simultaneously by January 29, 2021, are projected to reduce annual operating expenses by approximately $13 million. Popular is committed to meeting the needs of our customers and communities, guided by our 127-year legacy. The expenses include a pre-tax charge of approximately $2.4

Puerto Rico 52

Puerto Rico New York Metro Community 52

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. According to Just Cashflow, 70 percent of SMB owners say their existing banks do not adequately meet their needs. Cash flow remains the No.

Fintech 132

Fintech Groups Data Strategy 132

FirstInternet

FEBRUARY 13, 2020

To be eligible for certification, the business must meet certain requirements: Your company must meet SBA’s size standards for its particular industry and at least 51% of the organization must be directly owned and controlled by one or more women. Good luck on securing that first contract! Now you’re set! The SBA can help!

United States 74

United States System Meeting Taxes 74

PYMNTS

APRIL 27, 2017

The Central Bank told Bloomberg that during that time frame, AIB failed to “report suspicious transactions without delay” to police and tax authorities and did not engage in any due diligence of customers who had accounts that predated the first Irish anti-money laundering laws in 1995.

Compliance 100

Compliance Taxes Regulation Policies 100

PYMNTS

OCTOBER 23, 2020

We’re in a unique recession, he said, with government responses (read: stimulus) coming in waves to meet the challenges of economic activity that remains decimated as businesses of all types have had to shutter. Activity has been bouncing back, even if we are nowhere near the levels seen pre-COVID. And I think we're still on that trip.”.

System 208

System Policies Course Innovation 208

PYMNTS

MAY 16, 2019

The gig economy has operated — and thrived — in a gray area. This means these workers won’t qualify for the federal minimum wage or overtime, and will be responsible for their share of Social Security taxes. There has been a question as to whether workers are actually employees or contractors.

Study 191

Study Payments Taxes Survey 191

PYMNTS

JULY 27, 2018

But it wasn’t the only – or even the largest – B2B startup to secure funding. Cross-border B2B payments company Flywire secured $100 million in funding this week, led by Temasek, while existing backers Bain Capital Ventures and F-Prime Capital Partners also participated. Cybersecurity startup Siemplify operates in the S.O.A.R.

Payments 101

Payments Capital Security Management 101

Jeff For Banks

SEPTEMBER 16, 2018

But no sweep here into a repo where we have to pledge investment securities against balances. That wouldn’t meet the simple test. JFB Business Banker Account The product is a combined store of value checking account, and an accumulation money market and/or sweep account. Banks can pay businesses interest on their checking accounts.

Taxes 66

Taxes Resources Marketing Analysis 66

PYMNTS

OCTOBER 14, 2019

Drivers can’t make ends meet. After taking into account expenses like gas and insurance, there’s barely enough left over to meet their daily living expenses. Drivers who couldn’t afford to buy a medallion of their own drove for taxi operators as independent contractors, with the companies dictating the terms of their deal.

San Francisco 178

San Francisco New York Study Industry 178

PYMNTS

MAY 13, 2016

Stop ISIS, bring peace to the Middle East, clean up the economy, create more jobs, fix the education system, lower taxes, etc., Mandating exchange operators meet certain pre-set financial conditions, such as having a minimum amount of capital. Transaction records will have to be maintained and stored by operators.

Bitcoin 100

Bitcoin blockchain Regulation Operations 100

Gonzobanker

MAY 31, 2019

Institutions are “spreading” financial statements for electronically provided tax returns or financial statements. Here are five areas community banks and credit unions should be evaluating annually to ensure their digital lending roadmap meets increasing borrower expectations: 1. Contact us today to learn more.

Lending 134

Lending Community Bank Community Data 134

CFPB Monitor

JULY 21, 2022

CA), inserting into the NDAA a version of the “Establishing New Authorities for Business Laundering and Enabling Risks to Security Act,” otherwise more commonly known as the ENABLERS Act. Requirements. Here, the amendment does provide the Secretary and FinCEN with its typical discretion.

United States 78

United States Taxes Regulation Compliance 78

Abrigo

APRIL 22, 2024

Takeaway 2 Several small business lending processes can tax both borrowers and staff. Takeaway 3 Depository lenders are enhancing their lending procedures and technologies to meet institution risk and return requirements as they grow. At the same time, 59% pursued credit to meet operating expenses.

Lending 243

Lending St. Louis Community Marketing 243

PYMNTS

NOVEMBER 29, 2017

Regular folks (the ones who didn’t have housekeepers for that sort of thing) were enamored with the coin-operated machines that, for the first time, saved them the trouble of doing the wash themselves. Launderers are just like legitimate businesses; they use the same business models and operations to succeed, so disrupt those.

Chicago 117

Chicago Fraud Operations Marketing 117

PYMNTS

DECEMBER 5, 2016

The experts estimate that the United States government spent millions trying to enforce it and deprived the states of billions in tax revenue — all without managing to make any significant change in American alcohol consumption. Of that amount, $108 billion will forgiven by the government when the borrowers meet their end of the deal.

Capital 100

Capital San Francisco Bitcoin United States 100

Independent Banker

FEBRUARY 24, 2016

In addition to having a high-yielding portfolio, these investment managers have managed the tricky challenge of balancing on the risk-reward tightrope without necessarily buying into a lot of long-maturing investments, according to Jim Reber, president and CEO of ICBA Securities. Greg Steverson, Ledyard National Bank. The barbell approach.

Community Bank 70

Community Bank Community Texas Management 70

Perficient

DECEMBER 8, 2020

We helped an American telecommunications company deploy GCP in order to scale the migration and deployment of workloads to a secure and reliable environment. We created an automation strategy for improving cloud operations, which also provided DevSecOps risk mitigation and allowed our client to meet compliance requirements.

Google 493

Google Data Technology System 493

Abrigo

FEBRUARY 4, 2015

A few decades ago, it was fairly common for a person to secure a job immediately following graduation from school and remain with the company until retirement. Never mind complex tax regs—it''s workforce retention that''s keeping employers awake at night.

Management 150

Management Survey Industry Strategy 150

NCR

MARCH 1, 2016

Liquidity Risk – To maintain stability, financial institutions must ensure there are always adequate levels of liquidity to meet its obligations as they become due. Operational Risk – Operational risk includes anything that could potentially affect a financial institution’s service and/or product delivery.

Risk Management 40

Risk Management Management Operations Meeting 40

Tomorrow's Transactions

SEPTEMBER 18, 2014

I was in a meeting earlier in the week where someone said that even with ApplePay, the US is far behind Japan in mobile payments, so I thought I’d do a quick update on Japan which, as for the US, we label a “special case” in our analysis of the market: we can learn from it, but it doesn’t tell us anything about how other markets might develop.

Taxes 51

Taxes Mobile System Cards 51

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. As the seller of record, we manage the filing, the collection and the remittance of taxes in every jurisdiction.”.

Branding 322

Branding Taxes Fraud Regulation 322

Independent Banker

FEBRUARY 25, 2015

Though a specialty niche, reverse mortgages are meeting a growing, demographically driven financial need. billion in assets and operates 60 retail locations, is licensed to originate reverse mortgages in most of the United States. By Howard Schneider. FirstBank, which has $2.3 The bank closes 35 to 45 reverse mortgages each month.

Trends 70

Trends Community Lending Community Bank 70