PYMNTS

JANUARY 14, 2019

With the development of innovative payment technology and commercial applications, UnionPay International is accelerating building up its innovative payment technology and service capacity, and promoting the digitalization of its card-based business, to support the development of mobile payment,” Jianbo said.

Innovation 128

Innovation Mobile Taxes Regional 128

PYMNTS

AUGUST 16, 2019

Small business finserv was a popular target this week, with startups securing funding for their SMB banking, lending and accounting tools. Meanwhile, logistics, data analytics, and business travel technologies also won over investors. Below, PYMNTS breaks down the latest in B2B FinTech funding. ScaleFactor.

Fintech 179

Fintech Analytics Capital Lending 179

Abrigo

NOVEMBER 28, 2014

How many times have you had to refer a client out to another financial services firm because your firm is too busy putting out fires with tax and audit work to provide business analytics or other advisory services ? Leveraging technology is also important for your firm’s reputation.

Taxes 192

Taxes Survey Technology Comparison 192

Gonzobanker

AUGUST 17, 2022

Engagement platform Personetics also secured $85M from Thoma Bravo Digital banking provider Apiture announced a fundraising round led by Live Oak Bank, Pinnacle Bank, and BHG Financial Digital banking provider Backbase raised $128.6M Payments: Still Hot for Teacher (Wait, Song or Not, Can We Still Say That?).

Fintech 182

Fintech Lending Software Compliance 182

PYMNTS

APRIL 17, 2019

And in the latest quarter, IBM changed the way it reports results – what was once the Technology Services & Cloud Platforms segment is now the Cloud & Cognitive Software and Global Technology Services segment. CFO James Kavanaugh pointed to the Asia Pacific (AP) region, which saw revenue deceleration. Cooper Group.

blockchain 100

blockchain System Taxes Software 100

PYMNTS

MARCH 5, 2019

The executive said that among the most important factors in both sides of the relationship – that is, travelers and home owners – are “trust, protection and reliability,” noting that “every traveler should trust that their payment is secure, and every homeowner should feel confident that they receive payments on time.”.

Regional 148

Regional Mobile Security Fraud 148

PYMNTS

FEBRUARY 24, 2020

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. When it filed its tax returns, as reported by the Journal, Facebook put a $7 billion value on the intangible assets (the intellectual property).

Data 130

Data Marketing Taxes Regulation 130

Abrigo

FEBRUARY 23, 2023

Takeaway 3 With effective technology, the bank can continue to grow its portfolio without necessarily adding staff. At the same time, asset-based liquidity options at some community banks have been constrained by large unrealized losses in available-for-sale securities. I don’t want my veteran bankers writing a credit memo,” he said.

Community Bank 195

Community Bank Kansas City Community Lending 195

PYMNTS

NOVEMBER 7, 2018

Management also stated that the CLUB Certificate Program — defined as whole loan transactions structured as tradable pass-through securities — is nearing the $1 billion mark, after having been launched less than a year ago, in December of 2017. CEO Sanborn stated that that engagement with the Federal Trade Commission remains ongoing.

Taxes 159

Taxes Management Risk Management Capital 159

PYMNTS

MARCH 22, 2018

At Mastercard, he created and structured a business where he served as president of Mastercard’s Europe, Middle East, Africa and Canada regions until his appointment as president and CEO. According to Equifax , Selander served as president and CEO of Mastercard from 1997 until 2010.

Puerto Rico 101

Puerto Rico United States Leadership Data 101

PYMNTS

OCTOBER 10, 2017

Regional Trends. Emerging Asia is seeing ongoing traction for payment cards in the corporate sphere as companies turn to commercial cards for more secure supplier payments. percent through 2020, led by growing global trade as B2B payment volumes in the region rise. percent between 2015 and 2020 — significantly lower than the 11.2

Payments 124

Payments Regional America Trends 124

Abrigo

AUGUST 28, 2019

When commercial credit analysts earning $25 or more an hour are performing data entry for every tax return of a business entity tied to a loan application, the underwriting process is taking too long and requiring too many hours of labor by skilled workers for repetitive tasks. This reduces bottlenecks and is easier for borrowers and lenders.

Lending 150

Lending Analysis Taxes Data 150

Bank Innovation

MAY 9, 2017

I sat down with the Anthemis marketing team to break down the complexities around Premium APIs and unpack how banks are utilising this new technology strategy. The pertinent question is not how do institutions cope with new technological obligations, but rather how do they leverage APIs to drive new revenue. And how might that work?

Data 191

Data Trends Industry Examples 191

PYMNTS

DECEMBER 11, 2019

SMBs that nearly half (48 percent) said they don’t believe technology will impact their business. 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. “It Cash flow remains the No.

Fintech 132

Fintech Groups Data Strategy 132

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

JANUARY 6, 2017

The call center employees would then demand immediate payment from scam victims to cover bogus taxes that were never paid and owed. Criminals are now learning about potential targets and using their lack of security parameters to lull them into providing private information.”. The NYT noted this scam is being tracked by the U.S.

Video 133

Video Fraud Security social media 133

PYMNTS

MAY 4, 2017

Brazil and Mexico — the total amount in cash payments for the region was $3 trillion in 2015, with weighted average cash use at 14 percent of GDP, with an estimated increase, annually, of 4 percent through 2020 in absolute dollars but a decline in percentage of GDP by 1.2 Turning to the Americas — defined as the U.S.,

ATM 192

ATM Millennials United States Study 192

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.”. Securities and Exchange Commission has halted the trading of three companies based in Oregon after examining their balance sheets.

blockchain 130

blockchain Los Angeles Regulation Oregon 130

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. space: security, orchestration, automation and response.

Payments 101

Payments Capital Security Management 101

PYMNTS

MAY 27, 2016

Some focus on specific verticals, like restaurants; Some take unique routes to enterprise security, from password management to email protection. Konfio links microbusinesses in the region to financing. A $40 million funding round will boost SigFig , a startup that develops financial advisory technology for investors and banks.

Capital 100

Capital Management Taxes Security 100

PYMNTS

JULY 15, 2016

Hong Kong is known for its simple and predictable tax system, making it an attractive place for investment. FinTech startups in particular must jump through tough regulatory hoops, making it difficult to establish payment firms, crowdfunding platforms, peer-to-peer lending schemes and even obtain secure operating licenses.

Taxes 100

Taxes Fintech Marketing Regional 100

FICO

JANUARY 22, 2020

We recently conducted a survey with banks in the region and found that 4 out of 5 (78 percent) have seen their fraud losses increase. Criminals are trying to fool banks into thinking they are new customers or stealing account access by tricking people into making security mistakes or giving away sensitive information.

Survey 52

Survey Fraud Payments Regional 52

Insights on Business

JULY 20, 2017

The emergence of financial technology (fintech) and the push of regulators for more competition are disaggregating and open this closed value chain. They are the mechanism that banks use to exchange customer data with other parties in a simple and secure way. Other banks in the region tried to build alternative solutions.

Fintech 181

Fintech Mobile Examples Data 181

PYMNTS

SEPTEMBER 19, 2019

On a grand scale, those forces include uncertainties over trade (illustrated by ongoing tariff spats), and even changes in tax policies across different regions across the globe, all of which are shifting supply chains. The growth in eCommerce transcends all industry verticals.

Management 116

Management Operations Payments Course 116

Independent Banker

MARCH 31, 2022

Staffers with a hybrid schedule include some commercial lenders as well as those working in the credit unit, finance and accounting, various support operations, insurance and securities departments. Filippin sees that approach as a recruiting opportunity, since the high cost of living in its coastal region can repel some top talent.

Missouri 142

Missouri Community Bank Community Management 142

PYMNTS

JANUARY 31, 2020

As an ex-PayPal-er herself, Mielke noted that she is happy for PayPal — as having a partner like UnionPay paired with the payments license it managed to secure with the GoPay acquisition late last year are an incredibly powerful combination. That doesn’t mean, she noted, that cryptocurrency or blockchain technology is dead or has no future.

Bitcoin 100

Bitcoin Payments Los Angeles blockchain 100

FICO

DECEMBER 21, 2016

Today, it’s really only Tier 1 banks that use analytics in AML, KYC and tax compliance areas. The political turmoil of 2016 means that there is a lot of gain to be had by exposing politicians who used tax havens, which should drive even more investigations and revelations. We expect that to change. Panama Papers was only the start.

Compliance 40

Compliance Analytics Taxes Groups 40

Gonzobanker

FEBRUARY 9, 2017

With interest rates likely to rise (margin expansion), tax cuts on the way (economic expansion), infrastructure spending (financing opportunities) and less regulation (lower operating costs), bankers see a playing field emerging that was custom-built for their entrepreneurial animal spirits. We may need to shake things up or exit now.

Arizona 60

Arizona Conference Technology Washington 60

Gonzobanker

FEBRUARY 9, 2017

With interest rates likely to rise (margin expansion), tax cuts on the way (economic expansion), infrastructure spending (financing opportunities) and less regulation (lower operating costs), bankers see a playing field emerging that was custom-built for their entrepreneurial animal spirits. We may need to shake things up or exit now.

Arizona 60

Arizona Conference Technology Washington 60

Fintech Labs Insights

JUNE 29, 2016

Client Lifecycle Management solution provider Fenergo is boosting the capabilities of its Tax Compliance suite. The enhanced version of the company’s CRS Compliance Solution is geared toward improving tax regulation compliance through improvements to the Three Rs: Rules, Remediation, and Reporting.

Compliance 15

Compliance Taxes Management Regulation 15

Alex Jimenez

FEBRUARY 27, 2019

The topics discussed varied from arcane technology topics to discussions about general innovation. Chris Brasher, Head of Banking Ops at Regions Bank talked about using Watson not just to drive more self-service but also to help bank staff assist customers better and quicker. I can’t fault IBM for either of those. Cybersecurity.

blockchain 40

blockchain Conference Security Innovation 40

CB Insights

FEBRUARY 13, 2020

These APIs handle everything from acceptance and processing to settlement and reconciliation, while ensuring compliance and security. ‘PayFac’ technology simplifies underwriting and onboarding. ‘PayFac’ technology simplifies underwriting and onboarding merchants. TABLE OF CONTENTS. Focus on developers.

Online 98

Online Company Retail Payments 98

FICO

MARCH 6, 2020

In our experience these technologies can increase the number of SARs by 20% while at the same time producing efficiency gains of 30% in alert investigation and case management. Finally, the suite includes comprehensive Tax Compliance & Reporting capabilities to support FATCA and CRS requirements. What solutions do you have? In the U.S.

Compliance 81

Compliance Technology Fraud Analytics 81

CB Insights

OCTOBER 26, 2020

At the same time, financial upstarts have built technologies that could eventually cut into the relationship-driven work that investment banks are used to doing. But there’s no question that the way these institutions function has shifted, pushed along especially by the financial crisis and technology trends. Table of contents.

Management 78

Management Capital Company Marketing 78

CB Insights

OCTOBER 10, 2018

We define startups disrupting banking broadly to include mobile-first fintech companies that primarily focus on leveraging technology and software to digitize and streamline retail and business credit, checking, and savings accounts. Existing startups like the UK’s Revolut are also looking to expand in the region.

Retail 78

Retail Cards Millennials Mobile 78

PYMNTS

DECEMBER 12, 2017

The offering focuses on secure B2B payments and ensuring that companies are in sync with regulatory and compliance mandates in each new region they enter. As Hiddes noted, supply chain management also includes tax issues, which can be knotty ones for companies dealing with new countries. To that end, ModusLink Corp.,

Taxes 103

Taxes Management Software Marketing 103

Lars Markull

JULY 1, 2020

In the past three blog posts, we have described what is driving open banking, the history of Open Banking, and the current status of Open Banking in different regions. Similarly, the banks should not try to intentionally limit the uses of a person’s data; the banks must securely and diligently respect the data owner’s consent.

Risk Management 69

Risk Management Data Examples United States 69