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.

Taxes 101

Taxes Fraud Data Regional 101

TheGuardian

MAY 3, 2023

Importantly, revising listing regulation is just one piece of the puzzle. A comprehensive package of measures across listings and other areas such as secondary markets, tax, retail investor access, forward guidance, analyst coverage, regulatory capital treatment and labour is needed, rather than a siloed approach.

Marketing 95

Marketing Regional US Taxes 95

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

DECEMBER 10, 2020

Several companies, including Twitter , are urging European Union regulators to “defend the Open Internet.” The legal framework for digital services has been largely unchanged in the region for about 20 years. The move comes as the EU is working on a European Democracy Action Plan and the closely watched Digital Services Act.

Company 225

Company Regulation Taxes Regional 225

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

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

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

FEBRUARY 27, 2019

27) recommending that the EU create a police unit dedicated to the investigation of tax and financial crimes, as well as a watchdog organization to fight money-laundering, according to a report by Reuters. The report is a response to some high-profile money laundering cases and alleged finance-related crimes in the region.

Report 152

Report Taxes Maine Regional 152

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

DECEMBER 10, 2020

Plus, HM Treasury is seeking input on the challenges that the sharing economy brings for value-added tax (VAT). In today’s top payments news around the world, Xoom is now offering clients in the U.S., Canada, Europe and U.K. the ability to send secure funds to 12 countries in Africa for a reduced fee, while Volante Technologies Inc.

Payments 178

Payments Google Technology Taxes 178

PYMNTS

JANUARY 16, 2019

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. Separately, the South Korean government has been eyeing tax breaks for blockchain in a move that looks to bring innovation to the region.

blockchain 206

blockchain Taxes Security Survey 206

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

AUGUST 21, 2019

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. Because of the competition in the region, Amazon has reportedly been considering partnering up with physical stores.

Arlington 170

Arlington Virginia New York Video 170

Bank Innovation

MAY 11, 2017

rehabilitation and growth has lagged behind the rest of the world, youth unemployment in the region continues to grow, political unrest is destabilising the continent, the progressive socio-economic pledge of Europe is being challenged and vitally, Europe has failed to develop any new corporate global powers for the digital age.

Regulation 252

Regulation Regional Apple America 252

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

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.

Tennessee 100

Tennessee Taxes Regulation Regional 100

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. The report noted that back in October Nordic financial regulators said they were handed documents from Hermitage Capital that accused Nordea of breaking the rules under anti-money laundering laws.

Virgin Islands 116

Virgin Islands Taxes Regulation Regional 116

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

MAY 19, 2020

Pennsylvania reported similar numbers, with tax revenues from brick-and-mortar gambling dropping to $50.5 online gaming sites harness online payments, methods have to be licensed on a state-by-state basis, and transactions are subject to local regulations. And, even though revenue for its casinos dropped 61.7 The state has earned $24.3

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. In fact, 45 percent said they are concerned about taxes, making this topic an even greater worry for SMB owners than cash flow management (42 percent) and keeping up with technology (32 percent).

Taxes 105

Taxes Survey Capital America 105

Abrigo

AUGUST 19, 2020

As with any global or regional disaster, illicit actors are taking advantage of the increased pool of possible victims. BSA Rules and Regulation. Top 5 Regulator Hot Topics During COVID-19 and Beyond. BSA Rules and Regulation. The COVID-19 impact is real, as is the associated isolation, anxiety, and sometimes grief.

Fraud 195

Fraud System Trends Software 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

Abrigo

DECEMBER 18, 2023

Certainly, one asset class, the regional mall, is quite dead,” Kirby said. CRE loan management tips Recent guidance on CRE loan modifications and workouts is evidence that regulators are concerned about managing CRE risk. Deferred maintenance and missed tax payments are other red flags for financial institutions to monitor.

Risk Management 221

Risk Management Management Lending Capital 221

PYMNTS

DECEMBER 19, 2019

eCommerce platforms have to abide by regional rules and that could make it harder for Airbnb to do business. . “We We want to be good partners to everyone and already we have worked with more than 500 governments and authorities to help hosts share their homes, follow the rules and pay tax.”.

Taxes 130

Taxes Regional Online Industry 130

Abrigo

AUGUST 19, 2020

As with any global or regional disaster, illicit actors are taking advantage of the increased pool of possible victims. BSA Rules and Regulation. BSA Rules and Regulation. The COVID-19 impact is real, as is the associated isolation, anxiety, and sometimes grief. COVID-19-related fraud schemes are escalating at an alarming rate.

Fraud 195

Fraud System Trends Software 195

Abrigo

SEPTEMBER 10, 2021

BSA was intended to detect illicit activity through cash and monetary instruments to catch tax evaders using secret foreign bank accounts. BSA Rules and Regulation. BSA Rules and Regulation. After a few years of court battles over specific privacy laws, the Currency Transaction Report (CTR) became mandated by the BSA in 1976.

Training 195

Training Risk Management Pennsylvania Resources 195

PYMNTS

DECEMBER 8, 2016

company looking to do work abroad, it means you can’t ignore these various regulations, either. “If you want to roll out eInvoicing across your global enterprise, you need to be mindful of these different regulations in different parts of the globe that you need to be in compliance with,” he said. .

Compliance 100

Compliance Regulation Taxes Fraud 100

PYMNTS

FEBRUARY 10, 2017

The region is also home to an active and fast-growing startup scene. Brussels the third wealthiest region in terms of GDP per capita due to this number being twice as high as the European average. The city was ranked as a strong innovator by the latest edition of the Regional Innovation Scoreboard (RIS 2016).

Capital 100

Capital Regional Innovation Fintech 100

PYMNTS

MARCH 12, 2018

And yet: How and why to regulate? And where – and just who should do the regulating? federal agencies that are trying to figure out if something is under their purview and should they [even] be regulating this.”. Obviously, there are tax issues and you’ve got the IRS involved,” said Patel. Asked by PYMNTS where U.S.

Regulation 117

Regulation Security Course blockchain 117

PYMNTS

OCTOBER 7, 2020

This means individual transactions are unlikely to pop up on regulators’ or tax officials’ radar, thus keeping the operations under wraps. How Payment Providers Stop Money Laundering.

Payments 171

Payments Analytics Online Retail 171

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

OCTOBER 10, 2017

Regional Trends. percent through 2020, led by growing global trade as B2B payment volumes in the region rise. Multinational banks and corporations seek better industrywide standardization and harmony among regulations,” he said in a statement. “As percent between 2015 and 2020 — significantly lower than the 11.2

Payments 124

Payments Regional America Trends 124

PYMNTS

APRIL 16, 2019

Parliament also passed protection for whistleblowers who bring crimes like tax evasion to light. The reforms, while proactive, have been criticized for not being enough to stop the numerous scandals plaguing banks in the region. Legislators also passed new rules increasing the powers of EU financial supervisors.

System 116

System Taxes Regional Google 116

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. They may pretend to be the IRS and tell people they cannot use other payment methods because of their delinquent tax status,” according to the FTC. Some major U.S.

Data 134

Data Fraud Cards Regulation 134

Jeff For Banks

FEBRUARY 3, 2018

That yielded 291 total institutions, broken down by region. And I have never heard a regulator say the phrase "over capitalized". Some regions are experiencing slightly elevated non-performers from the previous year. Are these anomalies due to region, competition, or business models? Provision, and income taxes.

Taxes 60

Taxes Regional Industry Trends 60

PYMNTS

OCTOBER 19, 2016

The concerns may be surprising, considering how many CFOs in these regions are cash-rich. According to EIU and Deutsche, these professionals also cite heightened financial regulations as having a significant impact on their professional lives, with 40 percent expecting their workload to increase as a result.

Survey 100

Survey Regulation Strategy Management 100

PYMNTS

MAY 23, 2017

Raimundo Diaz, head of Americas at TMF Group, and Jason Gerlis, regional director of North America at TMF Group, both chatted with PYMNTS about the findings in the report. He pointed to Ireland, which successfully shaped tax policy to attract FDI in the market, as well as jurisdictions in Asia that are doing the same.

US 100

US Compliance Taxes Trends 100