PYMNTS

JULY 16, 2019

Treasury Secretary Steven Mnuchin believes that Facebook’s proposed cryptocurrency could pose as a national security threat. In a press conference on Monday (July 15), Mnuchin warned that Libra “could be misused by money launderers and terrorist financiers” and that it was a “national security issue.”.

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National Security cryptocurrency US 187

South State Correspondent

MARCH 21, 2023

ERC gave eligible businesses a refundable tax credit of up to 50% of $10,000 for qualified wages paid per employee. Community banks can now white label this same product to onboard and process employee retention tax credits for the bank’s small business customers AND prospects. In 2020, the U.S.

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PYMNTS

OCTOBER 14, 2019

In other news, the Marco Polo Network has announced that it has secured its first Russian-German import-export operations financing project. We expect Marco Polo to ensure seamless collaboration of several sides engaged in international trade operations (banks, suppliers, insurance companies, etc.)

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PYMNTS

JANUARY 24, 2021

Cygnet Infotech promotes FACE as a product that handles not only conventional accounting processes, but also provides specialized handling of challenges around goods and services taxes. India uses its Invoice Registration Portal to track business activity and ensure compliance with tax laws.

Taxes 178

Taxes Compliance Software Fraud 178

PYMNTS

NOVEMBER 30, 2020

State mandates have also forced some businesses to close or limit on-premises operations, prompting such merchants to connect with consumers online instead. Fraudsters have redoubled their attacks on eCommerce channels, however, making consumers more concerned about data security. Streamlining Onboarding Security.

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Cards Security ATM Data 151

PYMNTS

APRIL 4, 2018

In their place has risen a new system of exchanging funds that have made payments faster, more efficient, more secure and, above all, smarter. They often use APIs, include heightened security measures, are flexible and capable of finding the most appropriate payment rails, and use models that maximize the payment value.

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Taxes Report System blockchain 100

CB Insights

NOVEMBER 30, 2021

Fonoa , a provider of automated tax compliance tools, has raised $25M in a Series A round. At present, the company offers tax automation services in 100+ countries, and it plans to expand to 140+ countries by the end of 2021. The round drew participation from Index Ventures, FJ Labs, OMERS Ventures, and Moving Capital, among others.

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Taxes Compliance Tools Company 36

PYMNTS

AUGUST 16, 2020

Jitse Groen , leader of one of the world’s largest food delivery platforms, told the BBC he intends to stop using the independent contractors at his European operations. “We’re We want to be certain they do have benefits, that we do pay taxes on those workers.”.

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San Francisco Taxes California United States 253

PYMNTS

JUNE 4, 2020

Ensuring such payments are secure from bad actors is a priority for the banks that process them. These transactions are not without security risks, they added, meaning banks must be on the lookout for fraudsters seeking to intercept B2B payments. API security. Benefits Of APIs .

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Security Fraud Payments Compliance 151

PYMNTS

APRIL 27, 2020

The key groups who will receive these payments include people who aren’t required to file tax returns, such as those who receive Social Security, Supplemental Security Income (SSI) and veterans’ affairs benefits. In addition, tax filers who have recently provided bank information to the IRS will get the payments.

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Taxes Security Payments Tools 257

PYMNTS

OCTOBER 1, 2018

One-quarter of small businesses continue to record financial data on paper instead of keeping digital records, according to a new survey by Clutch, a B2B ratings and reviews firm, and the tactic is exposing these companies to security risks. A press release from Clutch on Monday (Oct. In most cases, the law is going to favor the employee.”.

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Security Survey Software Resources 108

PYMNTS

JULY 24, 2018

Turns out the debate over whether it is or isn’t a security is having a knock-on effect: It’s making the XRP token’s price less than … well, secure. Rumors that the token can and will be classified as a security here in the States. Rumors that the token can and will be classified as a security here in the States.

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Security California Bitcoin Taxes 101

PYMNTS

DECEMBER 27, 2019

We have a deep dive into spend management in addition to news involving the Sprint and T-Mobile merger, as well as data on state tax laws. . Uber was ordered to stop securing business in Colombia via its popular ride-hailing app. A ‘Diaper’ By Any Other Tax Code: The Complexities Of Selling Across State Tax Laws.

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Taxes Mobile Management blockchain 101

PYMNTS

JANUARY 3, 2021

T-Mobile has told some customers of a “security incident” in which a malicious party “may have impacted some of your T-Mobile account information.”.

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Mobile Data Taxes Security 213

PYMNTS

JANUARY 7, 2020

In other crypto news , cryptocurrency tax automation software TaxBit has raised $5 million in funding. TaxBit was founded by software developers, tax attorneys and CPAs to automate and simplify tax compliance for crypto users. ” TaxBit will use the funding to speed up customer growth, and make its products better.

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Bitcoin blockchain Taxes Austin 132

PYMNTS

JULY 21, 2020

Tisch declined to provide occupancy rates at the two dozen luxury hotels Loews owns or operates in the U.S. 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. and Canada.

Taxes 189

Taxes Survey New York Security 189

PYMNTS

MAY 19, 2020

BlockFi said it was “able to confirm that no funds, passwords, social security numbers, tax identification numbers, passports, licenses, bank account information, nor similar non-public identification information was exposed as a result of this incident.”.

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Data Bitcoin cryptocurrency Taxes 212

PYMNTS

APRIL 9, 2020

In the latest Disbursements Tracker® , PYMNTS examines the impact of COVID-19 upon disbursements and payments, how businesses and government bodies are responding to the increased need for faster payments and rising fraud and security concerns in this space. Around The Disbursements World. Organizations such as the U.S.

Taxes 178

Taxes Mobile Fraud United States 178

PYMNTS

SEPTEMBER 18, 2018

The federal agency said it shut down websites where consumers could buy “fake financial and other documents – such as pay stubs, income tax forms, and medical statements – which can be used to facilitate identity theft, tax fraud, and other crimes,” according to an FTC statement. Simmons was ordered to pay $15,000.

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Taxes Fraud Operations Security 134

PYMNTS

MAY 8, 2020

Cardtronics , which calls itself the world’s largest ATM owner-operator, disclosed its first-quarter results on Friday (May 8), which reflected lower revenues due to lockdowns and some location closures. . Cardtronics’ ATM operating revenues dropped to $291.9 Cardtronics’ ATM operating revenues dropped to $291.9

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ATM NJ Houston Operations 131

PYMNTS

MARCH 7, 2018

Justworks aims to automate and streamline multiple business operations that small businesses (SMBs) need to function. In 2016, Justworks announced its entrance into the small business accounting and legal services space via collaborations with accounting and tax company inDinero and online legal services marketplace LawTrades.

Security 100

Security Capital Taxes Resources 100

PYMNTS

OCTOBER 1, 2020

The process is made secure through the help of forensic security experts alongside advanced banking-grade digital technology. Multiple layers of security are involved on the user's side, including scanning one's ID and taking a selfie. Verify more quickly, a press release says. Since March, over 1 million GOV.UK

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Survey Security Taxes Fraud 130

PYMNTS

SEPTEMBER 28, 2020

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. Smooth B2B operations depend on robust data gathering, but many companies rely on manual methods to collect information and complete supplier enrollment.

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Data Management Taxes Meeting 166

PYMNTS

MAY 19, 2020

The Security Service of Ukraine is reportedly holding a hacker for allegedly selling a database with 773 million email addresses and 21 million unique passwords, CoinDesk reported. Multiple crypto operations serving the country, however, are legally based in other nations. dollars and Ukrainian hryvnias.

Bitcoin 148

Bitcoin cryptocurrency Taxes Security 148

PYMNTS

SEPTEMBER 25, 2019

1595, known as the Secure And Fair Enforcement (SAFE) Banking Act, on Wednesday (Sept. The legislation aims to ensure that state-authorized and regulated cannabis businesses are not forced to operate with cash only. House of Representatives passed H.R. 47 states, 3 territories and D.C.

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Ohio Colorado Washington California 235

PYMNTS

MAY 15, 2019

To maximize call centers’ capabilities and efficiency, operators are turning to a host of tools and technologies, including voice recognition and artificial intelligence (AI). Voice recognition is fast gaining popularity in the call center space as providers work to up their security defenses.

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Google Innovation Security Operations 183

PYMNTS

JUNE 19, 2017

Bertrand was charged with 20 counts of failing to pay federal income taxes, Medicare and Social Security for the company’s employees between 2010 and 2014. million, and total alleged tax loss to the U.S. Total alleged unreported cash and stock compensation was around $2.86 was about $594,000.

New York City 108

New York City Taxes New York Operations 108

TheGuardian

FEBRUARY 22, 2021

More executive roles are expected to relocate to home base of Hong Kong as part of Asia shift, where most of its earnings come from HSBC, Britain’s biggest bank, has recorded a 34% drop in profit for 2020 as it prepares to double down on its operations in Hong Kong and China despite concern about the political crackdown in the former UK colony.

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Taxes Security Operations 73

PYMNTS

AUGUST 21, 2020

Plus, Amazon has put some hiring on hold for its Alexa operation. Amazon has put some hiring on hold in its Alexa operation amid the pandemic. Publishers’ Letter Spotlights ‘Apple Tax’ – and Digital News Delivery. Report: $50B in Cryptocurrency Moved Out of China. Report: Amazon Slows Alexa Staff Hiring to Improve Margin.

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cryptocurrency Maine Boston Analytics 159

PYMNTS

JUNE 6, 2019

to significantly increase their liabilities, leaving some investors caught off guard, according to Bloomberg Tax reports Wednesday (June 5). The lease accounting standard overhauls, led by the Securities and Exchange Commission (SEC), change the way companies report their lease commitments.

Taxes 108

Taxes Analytics Policies Retail 108

PYMNTS

MARCH 23, 2020

It’s too soon to tell how the coronavirus crisis will impact corporates’ financial and payment operations, but while analysts continue to raise the alert about consumer payments fraud, the risk of B2B payments fraud persists, particularly as more employees work from home.

Philadelphia 178

Philadelphia Fraud Taxes Survey 178

PYMNTS

DECEMBER 10, 2020

the ability to send secure funds to 12 countries in Africa for a reduced fee, while Volante Technologies Inc. Plus, HM Treasury is seeking input on the challenges that the sharing economy brings for value-added tax (VAT). and Europe the ability to send secure funds to 12 nations in Africa for a reduced charge. Canada, U.K.

Payments 178

Payments Google Technology Taxes 178

Cisco

APRIL 26, 2022

Their goal is to move beyond tax-related services to deliver a holistic financial services platform to small businesses and their employees, inclusive of banking services. More attention is also turning to gaining competitive advantage from under-used customer data collected via conventional operations. Customer Value.

Big Data 148

Big Data Data Analytics Examples 148

PYMNTS

NOVEMBER 6, 2020

6) it would sell its retail operations in Argentina to Grupo de Narváez, a top South American supermarket chain. Securities and Exchange Commission that it will record a $1 billion, after-tax, non-cash loss in its third quarter report for next year, Reuters reported. “We Argentina faces trouble on two fronts.

Retail 152

Retail Taxes Regional Operations 152

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

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Online Industry New Jersey Pennsylvania 176

PYMNTS

OCTOBER 13, 2019

According to The Financial Times , a source familiar with the matter revealed that the company has hired JPMorgan to raise $500 million in new equity from investors, as well as secure a $1 billion convertible loan. In fact, it recently reported a pre-tax loss of £33 million for 2018, which is double the amount of the previous year.

Taxes 163

Taxes Fintech Branding Regional 163

PYMNTS

MARCH 26, 2018

Complex tax law has been linked to the rise in eInvoicing in B2B commerce, according to Julie Park, managing director of VAT and customs duty at The VAT Consultancy. She pointed to Latin America , which enacted some of the world’s first eInvoicing mandates for the purposes of tax rule enforcement.

Taxes 102

Taxes Fraud Compliance Regulation 102