PYMNTS

NOVEMBER 4, 2019

have resulted in a delay for legislation that is now in draft form, which would include a provision to tax larger tech firms that derive sales from the region. The bill has proposed a 2 percent tax on revenues for firms as diverse as Facebook and Amazon. The moratorium would be aimed at reducing fraud , Reuters reported.

Taxes 101

Taxes Fraud Data Regional 101

PYMNTS

JANUARY 8, 2021

In today’s top payments news around the world, the United States is halting tariffs on French products, while the Cyberspace Administration of China is considering a revamp of internet oversight regulations. billion of French products in response to that nation’s revenue tax on Big Tech firms.

Online 200

Online United States US Taxes 200

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

FICO

OCTOBER 26, 2017

You would think one system would be enough to manage foreign tax compliance. Now, with CRS** (Common Reporting Standard), some financial institutions are starting to think they need two systems. In 2010 the IRS (Internal Revenue Service) started to define the details of FATCA (Foreign Account Tax Compliance Act).

Taxes 53

Taxes Compliance Report US 53

PYMNTS

SEPTEMBER 20, 2020

EU Commissioner Thierry Breton , who has taken the lead on the overhaul of its digital rules, told the Financial Times (FT) the proposals would prohibit large tech companies from a region. Breton said regulators in Brussels are preparing a list of activities that tech companies would be required to eliminate. “On

Compliance 175

Compliance Regulation Taxes System 175

PYMNTS

FEBRUARY 24, 2020

In Europe, the continued evolution of data policies and regulation now point toward a single market across the Continent. As reported mid week, the European Commission is planning a single European market for data , in hopes that by pooling talent, the region can compete with Big Tech in Silicon Valley and China.

Data 130

Data Marketing Taxes Regulation 130

PYMNTS

MARCH 17, 2020

Craftmakers, according to the regulation, must sell as well as manufacture, with the retail side of the business-boosting commerce in mixed-use districts. The new regulations encourage interaction with the public by also mandating that the artisan businesses offer attractions such as tours and classes. and San Francisco. Starting Jan.

Retail 135

Retail Arlington San Francisco Milwaukee 135

PYMNTS

JANUARY 16, 2019

The CBA pilots, as reported by CoinDesk and other sites, were tied to the issuance of letters of credit and securities. 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.

blockchain 206

blockchain Taxes Security Survey 206

PYMNTS

AUGUST 21, 2019

Amazon opened its biggest campus in the world on Wednesday (Aug 21) in Hyderabad, India, according to a report by Reuters. 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.

Arlington 170

Arlington Virginia New York Video 170

PYMNTS

MARCH 4, 2019

Nordea, the biggest bank in the Nordic region, is being accused of handling millions of dollars in suspicious transactions for several years. It’s not clear from the report if Nordea faces any ties to the money laundering scandal in Estonia that has ensnared rivals Swedbank and Danske Bank , the news outlet said.

Virgin Islands 116

Virgin Islands Taxes Regulation Regional 116

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

Casinos in Mississippi and Louisiana are reopening this week, and visitors are traveling long distances and waiting in lines to enter the facilities, according to a report from The Wall Street Journal. One person cited in the report drove from Houston to Louisiana with her family for the reopening of casinos on Monday. And, while U.S.

Online 130

Online Louisiana South Dakota Mississippi 130

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. compared to 2016’s report, though there are significant differences across generations, genders and physical locations of those business owners, researchers explained.

Taxes 105

Taxes Survey Capital America 105

PYMNTS

MAY 8, 2020

Supreme Court decision allowed sports betting in 2018 and inspired 2019 laws that govern the fledging industry in 10 states and set guidelines such as how online casinos can operate and how sports betting would be taxed. 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

Abrigo

SEPTEMBER 10, 2021

financial system enhanced the criticality of detecting and reporting financial crime, including the financing of terrorist acts against our country. . The 9/11 Commission Report mandated by Congress after the attacks exposed this misconception, proving that the financing of the terrorists did flow through the U.S. Before 9/11.

Training 195

Training Risk Management Pennsylvania Resources 195

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

PYMNTS

JULY 28, 2016

Airbnb , having staked its claim in urban environs, has said that it is open to market regulations in cities of scale such as Vancouver and others. The firm, according to the Canadian press, has hired Alexandra Dagg to help get ahead of efforts in various locations in Canada to tax and restrict hosting services in general. Down round?

Tennessee 100

Tennessee Taxes Regulation Regional 100

PYMNTS

JULY 12, 2018

He cited “Zug’s high quality of life, openness, pro-business mindset and favorable tax structure” as factors that make the city attractive to people from around the world. One such company in the Zug region is crypto loyalty firm qiibee. Yet Zug does reportedly have one of the lowest tax rates in Switzerland.

blockchain 104

blockchain Taxes Regional New York 104

PYMNTS

SEPTEMBER 6, 2016

In fact, he says, expense reporting and accounting management has always had to be capable of supporting international corporate spend. “No one wants to think about doing an expense report.” And while globalization may be on the rise, the challenges of international expense management have always been present. .”

Report 100

Report Management Technology Tools 100

Abrigo

DECEMBER 18, 2023

Certainly, one asset class, the regional mall, is quite dead,” Kirby said. Nearly 40% noted some deterioration in a few segments, and about 10% reported a general worsening of asset quality. CRE loan management tips Recent guidance on CRE loan modifications and workouts is evidence that regulators are concerned about managing CRE risk.

Risk Management 221

Risk Management Management Lending Capital 221

Abrigo

AUGUST 19, 2020

As with any global or regional disaster, illicit actors are taking advantage of the increased pool of possible victims. Advisories from the Financial Crimes Enforcement Network (FinCEN) and other federal and state agencies address the increase in the number of reported fraud cases tied to the pandemic. BSA Rules and Regulation.

Fraud 195

Fraud System Trends Software 195

PYMNTS

OCTOBER 10, 2017

Digitization of B2B payments is on the rise, but the trend is challenged by discrepancies across geographic markets, according to the latest World Payments Report by Capgemini and BNP Paribas. The 2017 report , released Monday (Oct. Regional Trends. percent between 2015 and 2020 — significantly lower than the 11.2

Payments 124

Payments Regional America Trends 124

Jeff For Banks

JUNE 30, 2017

Professor of city and regional planning at the University of Pennsylvania. There were ideas in the book to accomplish this that I must report to you: a) Subsidize banks to serve customers with financial instability who are not profitable. They pay no Federal income taxes. She admits that regulation stifles innovation.

America 60

America Report Pennsylvania Regulation 60

Abrigo

AUGUST 19, 2020

As with any global or regional disaster, illicit actors are taking advantage of the increased pool of possible victims. Advisories from the Financial Crimes Enforcement Network (FinCEN) and other federal and state agencies address the increase in the number of reported fraud cases tied to the pandemic. BSA Rules and Regulation.

Fraud 195

Fraud System Trends Software 195

PYMNTS

DECEMBER 19, 2019

Europe’s highest court ruled that Airbnb is an “information society service” rather than a property broker or estate agent, TechCrunch reported on Thursday (Dec. eCommerce platforms have to abide by regional rules and that could make it harder for Airbnb to do business. . “We

Taxes 130

Taxes Regional Online Industry 130

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. The report excluded data on shop-at-home purchases and includes information about frauds reportedly directly to the FTC between January and September of this year.

Data 134

Data Fraud Cards Regulation 134

PYMNTS

APRIL 16, 2019

Legislators in the European Union have approved a slew of banking reforms including the closing of loopholes exposed by the financial crisis, according to a report by Reuters. Parliament also passed protection for whistleblowers who bring crimes like tax evasion to light.

System 116

System Taxes Regional Google 116

PYMNTS

DECEMBER 8, 2016

Not so for other parts of the world: Government mandates are looking to reduce corruption and fraud and enhance reporting capabilities through eInvoicing requirements. company looking to do work abroad, it means you can’t ignore these various regulations, either. And if you’re a U.S. In the U.S., “Ironically, the U.S.

Compliance 100

Compliance Regulation Taxes Fraud 100

PYMNTS

OCTOBER 7, 2020

Money launderers deploy numerous schemes — including transaction laundering and launching front companies — to process and hide their funds from payment providers and law enforcement officials, but payments processors are responding with new technologies that hunt down and report their deeds. How Payment Providers Stop Money Laundering.

Payments 171

Payments Analytics Online Retail 171

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

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

MAY 23, 2017

Perhaps even more surprising, TMF’s report found, there is more at play to this trend than U.S. TMF released its report “ Venture Further — What drives international expansion and investment by U.S. Written in conjunction with Forbes, the report, which surveyed C-Suite executives from U.S. businesses?”

US 100

US Compliance Taxes Trends 100

Jeff For Banks

FEBRUARY 3, 2018

The Presidential State of the Union address was supposed to report to Congress the Administration's view of the condition and performance of our country. That yielded 291 total institutions, broken down by region. And I have never heard a regulator say the phrase "over capitalized". Provision, and income taxes.

Taxes 60

Taxes Regional Industry Trends 60

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

FICO

FEBRUARY 27, 2019

Recent Asian money laundering scandals continue to shake up the financial world, and the ripple effect is still keenly felt across the region. To add to the concern, new types of transactions outside of banking are emerging as money laundering risks in the region. Latest Reports Name FICO TONBELLER a Leader in AML, KYC.

Compliance 45

Compliance Regional Survey Analytics 45

South State Correspondent

MARCH 15, 2023

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. A Tweetbinder report below shows that the brand generated more than a million tweets, about 65% of which were negative. 9) Brand Matters: SVB had one of the best brands in banking.

social media 195

social media FDIC Branding Management 195

FICO

DECEMBER 9, 2019

The European Central Bank through its Single Security Mechanism (SSM) concludes, in its annual risk report, that NPLs (non-performing loans) are the second largest future risk for the European financial system after geopolitics. In highly regulated countries, like the UK, these changes should be a positive experience for people in debt.

Analytics 52

Analytics Regional Strategy Regulation 52