PYMNTS

JANUARY 22, 2018

The financial publication Barron’s reported that regulations — new ones, rumored to be in the offing — were the impetus that sent the price skidding. As for the rumors (confirmed through a government announcement), in South Korea, several exchanges might be on the hook to pay taxes of as much as 24 percent on earnings from 2017.

Taxes 111

Taxes Bitcoin cryptocurrency Regulation 111

PYMNTS

NOVEMBER 6, 2018

France is plowing ahead with its vision for a European Union-wide digital tax, with the country’s Finance Minister Bruno Le Maire saying he wants the tax approved by the end of 2018. According to the report, some member states think the tax would hurt smaller countries, or potentially some of the more traditional industries.

Taxes 122

Taxes Google Apple Regional 122

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. Unable to hold in-person meetings—with customers, partners, regulators, industry representatives, and more.

Taxes 195

Taxes Meeting Operations ATM 195

CFPB Monitor

MAY 13, 2022

The Treasury Department’s General Explanations of the Administration’s Fiscal Year 2023 Revenue Proposals includes a proposal concerning how EWA programs should be characterized for tax purposes. The CFPB expressly limited the AO’s application to EWA programs meeting all of the characteristics set forth in the AO.

Taxes 78

Taxes California Regulation Exercises 78

PYMNTS

JANUARY 19, 2018

Fizzle of the Week: Cryptocurrency Regulation. The saga over bitcoin and its relationship to various regulators has become something of the payments answer to a romantic comedy. But the idea that regulators can wave a wand and make bitcoin go away? Easy come, easy crypt-go, it seems. They may have some luck. As for next week?

Bitcoin 123

Bitcoin Regulation cryptocurrency Taxes 123

TheGuardian

SEPTEMBER 7, 2022

Kwarteng, who previously led the business department, told 14 executives from City firms, including HSBC, NatWest and Barclays, that the government was pursuing “unashamedly pro-growth” policies that would involve slashing taxes and regulations, while creating the right conditions for investment and innovation. Continue reading.

Policies 98

Policies Taxes Meeting Regulation 98

PYMNTS

JANUARY 19, 2021

MEPs will be sending invitations directly to the four biggest tech platforms — Google, Amazon, Facebook and Apple — for a virtual hearing about tax and competition policy, the sources told FT. DMA draft regulations would compel Big Tech platforms to allow third-party software firms to use their platforms and services.

Taxes 153

Taxes Apple Google Regulation 153

PYMNTS

SEPTEMBER 28, 2020

Corporate buyers must gather data to ensure that potential suppliers can meet their procurement needs, but their research does not stop there. They also need to collect and verify vendors’ details to comply with anti-crime regulations, adhere to tax reporting requirements and deliver convenient digital payments to these suppliers.

Data 166

Data Management Taxes Meeting 166

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

JUNE 9, 2019

Reuters reported Lagarde said that technology companies’ use of big data and AI i ncreases big tech companies’ dominance in the mobile payments market, which could result in policymakers around the world rethinking how they regulate the banking system and how they ensure financial settlements are made safely and securely. “A

Industry 190

Industry Big Data Fintech Taxes 190

PYMNTS

AUGUST 24, 2020

Here’s the latest news from Facebook, Amazon and others, which are coming under increasing scrutiny from regulators, trade groups and politicians the world over. Regulations. Facebook Supports Data-Portability Law. Facebook has advocated for a law that would simplify the process of moving videos and pictures to a competing site.

social media 152

social media Data Apple Compliance 152

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

PYMNTS

APRIL 10, 2020

To help businesses contend with new procedures and regulations related to the Families First Coronavirus Response Act (FFCRA), GoCo has rolled out a new feature to manage and track COVID-19 paid leave. The creation of the feature stemmed from the law, which took effect on April 1, according to an announcement.

Tools 185

Tools Taxes Texas Policies 185

Independent Banker

MARCH 31, 2022

Derek Williams: My biggest concern is the Consumer Financial Protection Bureau’s (CFPB) Small Business Data Collection rule and its potential negative impact on our ability to meet legitimate small business borrowing needs, including additional costs and privacy issues. We are not Wall Street banks—we are community banks.

Community Bank 239

Community Bank Community Industry Texas 239

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. firms, said Jared King, founder and CEO of accounts receivable firm Invoiced. While the U.S.

Regulation 101

Regulation Data America Payments 101

PYMNTS

JULY 21, 2020

Groups are an issue, until regulations change and we can put more than 25 to 50 people in one meeting at a time.”. Tisch recommended Congress extend the Paycheck Protection Program (PPP) at least until the end of the year, adjust the tax code, reinstate the business meals deduction and adopt a tax credit for travel.

Taxes 189

Taxes Survey New York Security 189

PYMNTS

JUNE 14, 2017

Tax and accounting compliance can be an overwhelmingly monumental task as companies expand their geographic footprint. Not only do regulations vary from jurisdiction to jurisdiction, but the consequences of non-compliance vary greatly, too. There are also an “extremely high number” of tax rules.

Compliance 146

Compliance Marketing Taxes Groups 146

PYMNTS

DECEMBER 2, 2019

These groups also face a common small- to medium-sized business (SMB) challenge — needing to track every transaction to prove fiscal responsibility to donors and regulators. million tax-exempt groups active in the U.S., according to the latest figures from the IRS, which monitors and regulates such organizations.

Management 141

Management Taxes Groups Regulation 141

Abrigo

JUNE 10, 2020

The regulators don’t care what your budget is,” Luttrell says. Certainly meeting the staffing requirements of a strong BSA program can be costly. FinCEN encourages technological innovations to help fight money laundering, but technology must be used properly,” the regulator said in a news release announcing the fine against LaFontaine.

Resources 195

Resources Regulation Compliance Policies 195

Abrigo

SEPTEMBER 1, 2021

financial institutions' improved compliance with Bank Secrecy Act and anti-money laundering regulations, such as cash reporting requirements.” . Financial institutions can expect additional scrutiny from regulators and auditors on EDD processes and high-risk customer monitoring. BSA Rules and Regulation. Going Forward.

Training 195

Training Regulation Community Austin 195

FICO

JUNE 16, 2022

Meeting Debt Collection Challenges Amid a Squeeze on Income. Regulation was not always focussed on driving the right customer outcomes. Creditors were also busy enabling payment relief schemes amid relentless waves of new and emerging regulation. Increasing inflation, interest rates and income tax are also at 40-year highs.

Meeting 52

Meeting Analytics Strategy Data 52

PYMNTS

JULY 26, 2020

“Our charter application incorporates truly novel ideas that have received detailed scrutiny from multiple regulators,” Caitlin Long , CEO and founder of Avanti, said in the release. ” Avanti intends to use Avit, an equivalent to cash that is nicknamed a “stablecoin disruptor,” according to the release. Brooks said.

Wyoming 153

Wyoming cryptocurrency Regulation blockchain 153

PYMNTS

APRIL 14, 2020

Gig workers’ rights and benefits — including healthcare and access to unemployment — have become key topics debated by regulators in th e United States as they work to figure out how to provide support. and other countries is the way consumers and regulators th ink about it. How The Pandemic Is Impacting Business Regulations.

Regulation 285

Regulation Examples United States National 285

PYMNTS

JULY 14, 2019

The task force is made up of the Bank of Japan, the Ministry of Finance and the Financial Services Agency, and it began meeting this week. The group is meeting ahead of the upcoming conference of the G7 finance ministers in France July 17-18. The G7 taskforce in France was created to address the issue of cryptocurrencies as well.

social media 117

social media cryptocurrency Dallas Policies 117

PYMNTS

MAY 8, 2020

Most digital-only gambling companies are cognizant of customer expectations, and online casinos typically offer a range of digital disbursement options so players can select the option that best meets their specific needs. This year was expected to be lucrative for online sports betting as it is the first since those regulations were created.

Online 176

Online Industry New Jersey Pennsylvania 176

PYMNTS

MAY 22, 2019

The government cannot tax such transactions nor check any crimes related to such unregistered payment systems,” Niroula said, noting the ban went into effect at the start of the week. In a statement to Reuters, Tencent said its WeChat Pay unit meets all regulations in the countries where it operates. “As

Taxes 158

Taxes Regulation Payments System 158

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

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

OCTOBER 23, 2020

Eynat Guez , co-founder and CEO of cross-border payroll technology company Papaya Global , told PYMNTS about the biggest hurdles in international payroll as working from home persists and employment regulations grow more complex. Despite the many benefits of hiring across borders, a lackluster payroll strategy can yield major headaches. "We

Compliance 143

Compliance Strategy Regulation Taxes 143

CFPB Monitor

JULY 20, 2022

The Commissioner is now considering draft regulations related to the DCLA’s scope, annual report, and document retention requirements, and has issued an “ Invitation for Comments on Draft Text for Proposed Second Rulemaking Under the Debt Collection Licensing Act.”. Code §§ 28100 et seq.). 10 CCR § 1850.2 Code § 100021. 10 CCR § 1850.71

California 141

California Regulation Taxes Report 141

PYMNTS

FEBRUARY 2, 2021

While most people have played an office Super Bowl or March Madness pool, Hodges said that legal, regulated betting on sporting events has largely been a cash market enterprise that was the domain of black market bookies. A lot of people are used to gambling in cash, and they’re used to meeting their local bookie and exchanging cash.”.

Tennessee 262

Tennessee Payments social media Regulation 262

PYMNTS

JANUARY 12, 2021

As PYMNTS has reported, consumer expectations and retail commerce have both evolved quickly to meet the demand that everything from credit to debit cards to digital wallets be on offer as payments choice. Flexibility Is Key.

Payments 260

Payments Compliance Technology Taxes 260

PYMNTS

JUNE 3, 2019

Reports from both The Wall Street Journal and the Washington Post outlined the issues, with the former reporting the FTC will look into how Facebook’s workings potentially alter digital competition, and the latter noting regulators are increasing scrutiny over Amazon’s practices. The Journal also reported the DOJ is investigating Google.

Apple 108

Apple Google Washington Taxes 108

PYMNTS

SEPTEMBER 20, 2017

Regulators, especially at the state level, are forcing companies to change their payroll software and strategies. Research from The Workforce Institute at Kronos released last month found that companies spend as much as $100,000 every time payroll and labor regulation changes across federal, state and local level authorities.

Taxes 100

Taxes Survey Compliance Regulation 100

PYMNTS

AUGUST 12, 2020

Adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) netted €177 million ($207 million), up from €76 million ($89.5 Takeaway said on Wednesday it expects to call an “extraordinary shareholders meeting” in October to approve the acquisition, according to Reuters. billion euro ($7.7

United States 132

United States Taxes Maine Online 132

Abrigo

JANUARY 17, 2023

The customer portal for requesting financials and tax returns. Loan Review and regulators love this as well. The huge benefit here is that workflow can clock in and clock out of each process and send alerts once the loan request meets the approved threshold. They are: . Digital lending. Why automate SMB/commercial lending?

Lending 195

Lending System Customer Experience Case Study 195

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