PYMNTS

APRIL 24, 2020

BleepingComputer.com reports that the Coronavirus Aid, Relief and Economic Security (CARES) Act has triggered the latest round of scams. . The COVID-19 pandemic, like other disasters, has created a playground for cybercriminals.

Taxes 159

Taxes Exercises Security Study 159

PYMNTS

JANUARY 4, 2019

A New York State politician announced the creation of what he called the nation’s first cryptocurrency task force, to “study how to properly regulate, define and use” the currency, according to a Facebook post and reports. Cryptocurrency, however, is more than just an asset that stores value.

cryptocurrency 163

cryptocurrency New York New York City Study 163

PYMNTS

FEBRUARY 8, 2018

If death and taxes are sureties, insurance payments rank up there, as people insure homes and autos and apartments against any number of calamitous scenarios. Those business’ retention has never been harder than it is today (we at PYMNTS would point you back to that Accenture study). Policyholders, he said, have a choice of insurers.

Taxes 101

Taxes Payments social media Policies 101

PYMNTS

JUNE 16, 2020

But Kellerman and other security experts advocated at the hearing for legislative measures, such as modernizing anti-money laundering (AML) and forfeiture rules and moving the Secret Service to the Treasury Department, to help combat the threat. However, he noted that the move could negatively impact morale at DHS.

US 227

US Cyber Security Security National 227

PYMNTS

FEBRUARY 16, 2020

Speaking before a conference of government and security officials at an annual security conference in Munich, Zuckerberg made the case that his website is different from a traditional news outlet where the content would be more heavily scrutinized and he’d be held accountable.

Guidelines 131

Guidelines Regulation How To social media 131

Abrigo

JANUARY 17, 2023

Takeaway 1 Many financial institutions used a customer portal for PPP, but once the program ended, went back to old manual processes, Takeaway 2 Automating lending provides a secure portal between the bank and customer and automated workflows that speed origination. The customer portal for requesting financials and tax returns.

Lending 195

Lending System Customer Experience Case Study 195

PYMNTS

JANUARY 4, 2019

As reported in Quartz and other media outlets, the government has said that there remains an “absence of a globally acceptable solution and the need to devise a technically feasible solution” … and it all warrants “further study.”. Study and study and tread carefully, it seems. One cue might come from the U.S.

cryptocurrency 139

cryptocurrency Study National Course 139

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. Preventing crime also includes thwarting tax fraud, and companies must obtain certain details to fulfill their tax reporting responsibilities.

Data 166

Data Management Taxes Meeting 166

PYMNTS

NOVEMBER 16, 2020

The pandemic is exacerbating the problem, with a study finding that 22 percent of Americans were the targets of pandemic-related fraud attempts as of March. First-time users are often unused to security best practices surrounding such apps and are thus more vulnerable to fraud. “It Fighting Fraud Through Technology and Education.

Fraud 182

Fraud Security Strategy Digital Banking 182

PYMNTS

MARCH 18, 2020

A common scheme involves fraudsters posing as tax officials — a particularly effective tactic during the first quarter, when restaurants are preparing employee W2s and corporate tax documents. Those that do can then be identified for further training, eliminating weak links in the security chain.

Fraud 177

Fraud Training Data Taxes 177

PYMNTS

DECEMBER 14, 2018

13), cites Deutsche Bank’s “numerous enforcement actions,” as well as a recent raid by police officers and tax investigators in Germany. The letter from Warren and Van Hollen, sent on Thursday (Dec. In addition, it mentions the financial institution’s U.S.

Taxes 136

Taxes Compliance Study Operations 136

PYMNTS

MARCH 1, 2018

The study also found that 67 percent of mid-sized financial institutions (FIs) are allocating less than one-quarter of their budgets toward the same goals. 56 percent | Percentage of ground transportation expenses Uber secured for travel and expense company Certify’s customers in 2017, up 52 percent in 2016.

Innovation 100

Innovation Data Taxes Lending 100

PYMNTS

JANUARY 24, 2020

Government disbursements can range from child support payments and annual tax returns to pension and retirement fund payouts. The IRS has accepted digitally filed tax documents and issued digital refunds for years, and it received approximately 29 million electronic returns via direct deposit between February 2018 and February 2019.

Payments 130

Payments US Fraud Innovation 130

PYMNTS

JANUARY 22, 2020

Fifty-one percent of United States consumers stated in the most recent PYMNTS Disbursements Satisfaction Report that they would prefer to receive tax refunds, child support payments and other government payments through instant payout methods. Instant payments are lauded for their convenience, ease and most importantly, for their speed.

Idaho 130

Idaho Illinois Innovation Tennessee 130

PYMNTS

SEPTEMBER 24, 2020

Social Security numbers. billion in losses in 2019, according to a recent study, although it has declined from $20 billion in 2013. A major factor in this decline has been the rise of improved authentication and security systems at banks like Axis. It’s like the Social Security number in the U.S.,” Shetty explained.

Video 205

Video Fraud Digital Banking System 205

South State Correspondent

MAY 13, 2024

The ISO 20022 standard, which will be the global standard for payments, securities, collateral, and trade finance, will increase payment accuracy and delivery while reducing fraud. Banks with open banking ambitions should adopt this language standard to increase interoperability, efficiency, security, and customer experience.

Conference 195

Conference Payments Fraud Data 195

PYMNTS

MAY 8, 2020

billion by 2025, according to one study. 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. reaching a value of $102.9

Online 176

Online Industry New Jersey Pennsylvania 176

PYMNTS

NOVEMBER 9, 2020

and businesses: The news that Joe Biden has secured victory in the presidential election, and, in addition, that Pfizer announced what seems to be encouraging data on a COVID-19 vaccine. As recent PYMNTS studies have noted, consumers want to see a COVID-19 vaccine in place before they get back to normal. The rally has legs.

Data 161

Data Marketing Taxes Study 161

PYMNTS

MAY 16, 2019

This means these workers won’t qualify for the federal minimum wage or overtime, and will be responsible for their share of Social Security taxes. percentage point difference and the study didn’t delve into these preferences. In the April 2019 Gig Economy Index , PYMNTS analyzed the current state of the gig economy.

Study 191

Study Payments Taxes Survey 191

BankUnderground

OCTOBER 26, 2021

History offers policymakers and academics useful case studies that can serve as distant mirrors beyond the study of crises and policy responses to them. This is done by ensuring money is produced according to the strictest standards and avoiding manipulating it to the king’s benefit ( inflation tax ).

Policies 114

Policies Taxes Maine National 114

Abrigo

DECEMBER 15, 2016

According to a 2015 Federal Reserve study , 47 percent of businesses with fewer than 500 employees had applied for credit in the past 12 months, but only half were able to secure all the credit they needed. Small businesses in the U.S. also constitute the largest share of firms exporting goods from the U.S.,

Lending 150

Lending Millennials Study Survey 150

PYMNTS

JULY 23, 2019

The Senate’s hearing ended with a lack of clarity on what data Facebook would collect from Calibra transactions, including financial habits of users, and how the company would ensure both national and personal security. For those who missed it, PYMNTS published a recap of Libra’s week in Washington.).

cryptocurrency 111

cryptocurrency Study Guidelines Washington 111

PYMNTS

MAY 12, 2020

based gig workers reported in a 2019 study that they had not received funds for work they had completed. The same study found that 41 percent of companies hiring these workers paid late when they did send money. It is important to consider automation for the future as ad hoc workers are beginning to expect more speed and security.

Tools 131

Tools Study Payments Security 131

PYMNTS

MARCH 13, 2017

Good news is ahead for those suffering from low FICO scores — according to reports this morning, civil judgements and tax liens will by and large be coming off of consumer credit reports. The change will apply to new tax lien and civil judgment data that are added to credit reports as well as existing data on the reports.

Report 111

Report Data Taxes New York 111

Abrigo

MARCH 23, 2017

However, a study by the Global Public Policy Committee called, “Enhancing Auditor Professional Skepticism” disagrees. Since leaving public accounting, she has been an internal auditor, a tax preparer and a Controller. Accountants sometimes take judgment and skepticism for granted because they are inherent in our profession.

Analytics 150

Analytics Technology Data Study 150

PYMNTS

DECEMBER 18, 2020

Moving to digital, instant disbursements could have a noted effect on citizens’ financial health by enabling improved security and a potentially greater chance of economic recovery.”. Instant Means Now. PYMNTS research found that over 58 percent of consumers received non-government or corporate disbursements by non-instant means.

Payments 150

Payments Security Taxes Groups 150

Abrigo

DECEMBER 18, 2023

Banks and thrifts hold half of all outstanding CRE debt through the second quarter, with insurance companies accounting for 12% and commercial mortgage-backed securities holding 14%, according to Trepp. 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

FEBRUARY 21, 2020

Business identity theft is used to launch everything from purchasing plan scams to tax and credit card application fraud, and it caused an estimated $137 million in damages in 2017. One study found a 46 percent increase in reports of such attacks between 2017 and 2018. False Positives and Data Security. Detecting Fraudsters.

Customer Experience 152

Customer Experience Fraud Millennials Online 152

PYMNTS

JUNE 12, 2019

Stress-Free Studies. Authentication precautions like these may lead to more secure assessments, but they can also make already stressful situations even more taxing. “We Distance Learning Association, reduces pressure on students by allowing them to take one 10-minute break every hour without compromising security.

Online 145

Online Fraud Analysis Study 145

Abrigo

FEBRUARY 28, 2017

Pipe stated, “No one has studied what accountants actually do for their clients, and it’s difficult to become sufficiently proud of what you do without a body of evidence that shows the impact and the difference that accountants really make.” Pipe examined how firms are really using their skills in a powerful way.

Case Study 150

Case Study Study Community Examples 150

PYMNTS

JULY 6, 2020

Researchers found that furloughed employees are widely reporting that their bosses have asked them to continue to conduct their normal work duties despite being furloughed in order for their employers to secure funding. companies between April and May this year , Abnormal Security data revealed, according to Helpnet Security reports. .”

Fraud 148

Fraud Missouri California Report 148

Chris Skinner

JULY 27, 2017

He knew when he took over the bank was a basket case, tarnished by a raft of regulatory and legal problems which include probes into alleged manipulation of benchmark interest rates, mis-selling of derivatives, tax evasion and money laundering. We have to go across too many systems.” When news leaked last September that the U.S.

System 284

System Taxes Analysis Case Study 284

PYMNTS

MAY 4, 2017

The Cardtronics executives noted that the studies are not all that surprising, and where once the findings reflected increasing cash adoption across, say, Europe, recent research has borne out the same trends in Europe and the Americas. Among the core reasons for this: The perception that the use of cash was more secure.

ATM 192

ATM Millennials United States Study 192

Abrigo

FEBRUARY 15, 2023

Financial institutions can mitigate these risks with strong information security protocols, including clear policies and cybercrime education training for every employee. A coordinated approach between the institution’s risk and information security departments is essential to an effective cybercrime prevention program.

Fraud 195

Fraud United States Training Policies 195

PYMNTS

SEPTEMBER 8, 2020

Gauthier said studies show that consumers have what’s called a “decision-making budget” — how much energy they can put toward making decisions — but COVID-19 is pushing that to the limit. “We Should I leverage the online capabilities?’ — taxes that budget,” Gauthier said. Should I send my kids to school or not?

Innovation 223

Innovation Retail Millennials Tools 223

Insights on Business

SEPTEMBER 8, 2016

The number of participants that are required to be involved across banks, insurance companies, brokers, land registries, government tax authorities, and other intermediaries is incredible, not to mention the ever present danger that the seller of the property may not be the actual owner of the property being sold. How fast should I move?

blockchain 79

blockchain Study Taxes Capital 79

Abrigo

JANUARY 27, 2017

Dealing with slow, confusing and labor-intensive loan application processes that can take anywhere from 2-4 weeks to complete and secure funding is causing small business owners to look elsewhere for credit. According to a 2015 study from Barlow Research, 82.1 Further, only 7.7

Online 150

Online Capital Software System 150