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

JANUARY 25, 2021

Amazon Plans to Raise Fees for Companies in Wake of New Digital Tax in Spain . After Spain’s government levied a new digital tax, Amazon plans to increase fees by 3 percent starting in April for Spanish firms harnessing its platform, Reuters reported. Google Raises Specter of Making Search Inaccessible in Australia.

Taxes 141

Taxes Google Compliance Apple 141

PYMNTS

JANUARY 30, 2020

When it comes to solutions, the latest Workforce Spend Playbook , a collaboration between PYMNTS and Bento for Business , is a compilation of the best spend management approaches currently available. PYMNTS research found that 42 percent of B2B payments were made via paper check in 2019, for example. Tax Time, and Time as a Commodity.

Management 130

Management Las Vegas Cards Taxes 130

PYMNTS

JULY 19, 2018

billion , it is still a more valuable run of commerce activity than Mother’s Day, Father’s Day, Easter and Valentine’s Day combined — which is why state tax holidays placed at the end of July and beginning of August have become so very popular over the last two decades. How Tax Holidays Work.

Taxes 101

Taxes Trends Massachusetts Louisiana 101

PYMNTS

JUNE 10, 2020

It’s free and makes managing small business finances easy, even for those with little finance and accounting knowledge.”. In 2019, it was noted that H&R Block foresees that the takeover will bring in up to $45 million in fiscal year 2020 revenue.

Management 141

Management FDIC Software Taxes 141

Current

DECEMBER 9, 2020

You've filed your tax paperwork, and then the question begins swirling in your mind. How long does it take to get a tax refund? There is a time lapse between your tax refund being processed and you actually receiving that money. Sign up to get your tax refund up to five days faster. When Can I Expect to Get My Tax Refund?

Taxes 90

Taxes Data Tools Examples 90

PYMNTS

AUGUST 20, 2019

Middle market companies need help navigating the complexities of accounts payable management, especially when it comes to cross-border, cross-currency payments. In a release, Tipalti said earlier this month that it saw an increase of 250 percent in customer bookings in the first half of 2019 compared to the first half of 2018.

Management 127

Management Payments Taxes Software 127

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.

Taxes 195

Taxes Community Bank Community Operations 195

PYMNTS

DECEMBER 28, 2018

That means that on the brink of 2019, it remains uncertain whether the next year will look more like the best of times or the worst of times when it comes to providing consumers and small businesses (SMBs) with access to financial services — both in and outside the traditional bank-backed channels. The Two Faces Of Consumer Credit.

Millennials 145

Millennials Lending Data System 145

PYMNTS

OCTOBER 14, 2019

Projects such as Marco Polo create added value for clients, ensuring more international trade transparency and manageability thanks to integrated bank payment, finance and discount instruments,” Dina Merkulova, head of trade finance at Alfa-Bank, said in a press release.

Taxes 109

Taxes blockchain Bitcoin social media 109

PYMNTS

OCTOBER 8, 2019

Although hiring slowed in September, small businesses continue to remain optimistic and have even reported some significant benefits resulting from late-2017’s tax reform. 54 percent of SMBs say the Tax Cuts and Jobs Act positively impacted their businesses , new research from the National Federation of Independent Businesses said.

Survey 134

Survey Taxes Data Report 134

Abrigo

JANUARY 7, 2021

Relevant tax forms, quarterly financial statements, or bank statements are acceptable documentation. The maximum amount available for a second-draw loan is $2 million, but for most businesses, the maximum amount will be calculated by multiplying the average total monthly payroll costs during 2019 or 2020 (at the borrower’s election) by 2.5 (or

Taxes 195

Taxes Lending Connecticut Capital 195

PYMNTS

SEPTEMBER 9, 2020

American Eagle Outfitters concluded Q2 with $899 million in cash and short-term investments, marking a rise from $317 million in 2019, after generating $173 million in operating cash flow in Q2. Management noted at the time that online sales had surged 33 percent. in revenue.

Taxes 131

Taxes Retail Branding Report 131

Abrigo

MAY 1, 2020

Manage PPP loans through forgiveness. It says forgiveness will be reduced if full-time employee headcount is reduced and if salaries and wages are reduced by more than 25% for any employee that made less than $100,000 annualized in 2019. 15 through June 30, 2019, or b) Jan. 15 through June 30, 2019, or b) Jan. learn more.

Taxes 195

Taxes Lending Payments Report 195

PYMNTS

JANUARY 11, 2021

anticipates that eCommerce demand for the fiscal 2020 fourth quarter will jump 90 percent to 100 percent in contrast to the fiscal 2019 fourth quarter, according to a Monday (Jan. million in the fiscal 2019 fourth quarter. million in the fiscal 2019 fourth quarter. Build-A-Bear Workshop, Inc. 11) announcement. 11) at 3:30 p.m.

Conference 159

Conference Taxes Retail Operations 159

South State Correspondent

NOVEMBER 14, 2024

Two: Customers Have More Than One Account and Will Use Instant Payments To Transfer Funds A 2019 survey by the Mercator Advisory Group showed that the American depositor has an average of 5.3 Competition will force most banks to adopt this technology to compete for treasury management and consumer primary account status. bank accounts.

Payments 195

Payments Study Survey Data 195

PYMNTS

MAY 22, 2020

The measure limits independent contractors and the self-employed to borrow up to two months of their pay based on their 2019 income tax return or $15,385, whichever is less, toward forgiveness. If they can’t convince the SBA they met those requirements, borrowers have two years to repay it at a 1 percent interest rate.

Ohio 248

Ohio Taxes Guidelines California 248

PYMNTS

JULY 27, 2020

Request to Pay, according to the company, will put more power in the hands of customers to make payments for mortgage, utility and telecom bills, or council tax payments through multiple payment options, including in full, in part and requests for more time to make a payment.

Payments 192

Payments Taxes Trends Tools 192

PYMNTS

NOVEMBER 9, 2020

The mall and outlet center real estate investment trust managed to post a profit despite a 91 percent occupancy rate and collecting on only 85 percent of its rents. Simon addressed several issues on the company’s earnings call from tax relief to the pandemic to its joint venture with Brookfield Properties to take over operations at JCPenney.

Trends 169

Trends Retail Taxes Louisiana 169

PYMNTS

SEPTEMBER 5, 2019

Governments rely on tax revenues to fuel the vital services they provide to residents and businesses – from firefighting and public education to water system repair and road maintenance. Retail sales taxes have long been key sources of state governments’ budgets and have been their greatest single stream of revenue since the mid-1900s. .

South Dakota 116

South Dakota Taxes Policies North Dakota 116

PYMNTS

OCTOBER 23, 2020

While our business continues to be significantly affected by the impacts of the pandemic, our third quarter results have increased our confidence that our strategy for managing through the current environment is the right one,” Stephen J. billion in 2019. The consolidated effective tax rate was 21.3 billion from $7.8

Taxes 140

Taxes Strategy US Report 140

Abrigo

APRIL 22, 2024

Takeaway 2 Several small business lending processes can tax both borrowers and staff. trillion between 2019 and 2022. Meanwhile, the agency says banks, credit unions, and other depository institutions accounted for 80% of the 8,200 financial institutions active in small business financing in 2019. economic ecosystem.

Lending 243

Lending St. Louis Community Marketing 243

PYMNTS

APRIL 22, 2020

In 2019, Payme, FinViet, EPay, PayTech, Dibee and Smart Net were granted licenses from Vietnam’s central bank. In July 2019, Vietnam introduced Gapo, a social network similar to Facebook, after the Communist-ruled government asked domestic tech companies to create substitutions.

Payments 154

Payments social media Groups Taxes 154

PYMNTS

DECEMBER 28, 2018

Innovators introduced new ways for banks to onboard their customers and manage their KYC compliance requirements, including firms like R3, which began piloting its blockchain-powered KYC solution with corporate treasurers and banks this year. ” Banks’ 2019 KYC Challenges. See what Bergal had to say below. ” .

Compliance 186

Compliance Regulation blockchain Taxes 186

PYMNTS

OCTOBER 15, 2018

Their partnership will enable small businesses to collect payments via QR code or cards, while Zoho will link business customers to its ERP software to support Goods and Services Tax (GST) compliance. “For the first time ever, Indian [SMBs] have better solutions than their counterparts anywhere else around the globe.”

Taxes 182

Taxes Compliance Payments Software 182

CB Insights

DECEMBER 15, 2020

Change has been long overdue for the wealth management industry, which is facing growing competition, outdated legacy tech , thinning margins , and an aging client base. Digitization will be crucial for wealth managers looking to capture or retain this generation of clients. In turn, this is driving revenue for big banks. .

Management 87

Management Fintech Industry Trends 87

Abrigo

MAY 22, 2024

Takeaway 2 Several small business lending processes can tax both borrowers and staff. trillion between 2019 and 2022. Meanwhile, the agency says banks, credit unions, and other depository institutions accounted for 80% of the 8,200 financial institutions active in small business financing in 2019. economic ecosystem.

Lending 195

Lending St. Louis Community Marketing 195

PYMNTS

JANUARY 2, 2019

Their December 2018 survey found “digital readiness” to be the c-suite’s top priority for 2019, with executives also reflecting their concern that the biggest risks their companies face are intensifying. Separate research last month also examined how corporate finance expects are bracing for this digital disruption.

blockchain 201

blockchain North Carolina Survey Analysis 201

Independent Banker

FEBRUARY 24, 2015

During my 20-plus years of dealing with community bankers, either as an investment strategist, sales rep or business-development manager, I have come to understand that certain buzz words fall on deaf ears. tax-equivalent yield, 2.) percent coupon, maturing June 20, 2019. Professionals’ benchmark. What is total return?

Management 70

Management Community Bank Community Comparison 70

FICO

JANUARY 18, 2019

It also showed that monitoring internal activities is vital, since the bank’s employees facilitated the client’s tax evasion. What will happen in 2019: I foresee that the pressure from regulatory fines and the publications of leaks will force financial institutions to enhance their KYC processes. appeared first on FICO.

Compliance 40

Compliance Regulation Taxes Analytics 40

PYMNTS

FEBRUARY 27, 2020

One of them, Shen Shikai, who manages money pooled amongst his friends, told Reuters, this was “already a bubble,” and “a game of the greater fool.” ChiNext is trading at roughly 59 times last year’s earnings, up from around 30 a year ago and 47 at the end of 2019. Investors are suspicious.

Marketing 146

Marketing Capital New York Taxes 146

PYMNTS

FEBRUARY 21, 2019

The task traditionally involves the official IRS mileage reimbursement rate (which, for 2019, stands at $0.58 In a new PYMNTS webinar, Karen Webster and Danielle Lackey, chief legal officer at expense management provider Motus , spoke about those changes, and how companies can get with this trend to save money and even make employees happier.

Taxes 128

Taxes San Francisco New York City Case Study 128

PYMNTS

NOVEMBER 27, 2018

Atiku Abubakar, a 2019 presidential candidate in Nigeria, said he will support cryptocurrency and blockchain if he becomes the country’s next leader, according to the Daily Post. Ohio is also in the mix , and will soon allow taxpayers to use bitcoin to cover tax bills. The push is part of his “Get Nigeria Working Again” proposal.

blockchain 193

blockchain cryptocurrency Bitcoin Ohio 193

TrustBank

AUGUST 1, 2023

If you recall, the original SECURE Act (Setting Every Community Up for Retirement Enhancement) was passed in 2019, but it needed some changes and add-on’s. Also, some of the provisions change the timing of tax revenue to the government. This will reduce the amount of tax deferral that older workers can do currently.

Security 52

Security Taxes Washington Course 52

PYMNTS

MARCH 14, 2019

Unfortunately, the report found, recent tax reform in the U.S. tax reform to provide a significant benefit, nearly half said in 2019 that there has been no significant impact on their companies at all. Only 15 percent said tax reform boosted their total income, while 12 percent said financial performance has improved.

Fraud 115

Fraud Survey Taxes Regulation 115

PYMNTS

NOVEMBER 16, 2018

states (and the District of Columbia) where marijuana has been legalized for sale in some capacity, it has thrown off a fairly large chunk of tax revenue in the last year. billion in taxes from legal cannabis companies last year, an amount of money that is undoubtedly a sizzle for the federal coffers.

Taxes 177

Taxes Payments District of Columbia Alabama 177

PYMNTS

JANUARY 16, 2019

Together, the companies have introduced an automated tax and bookkeeping management solution for small businesses (SMBs) and sole traders using Coconut, including self-employed and freelance professionals. based self-employed professionals face in their financial management and banking operations.

Tools 128

Tools Taxes Management Lending 128