PYMNTS

APRIL 16, 2020

People took to social media to express their anger, some stating that they’ve had the same bank account for a dozen years and others complaining that their tax payments got deducted but they can’t get a deposit. If you filed last year’s or this year’s taxes we have your information.”. Just be patient, check back later,” says Garcia. “If

Taxes 291

Taxes social media Tools Payments 291

PYMNTS

APRIL 9, 2020

The payments are part of the $2 trillion economic stimulus Coronavirus Aid, Relief, and Economic Security ( CARES ) Act, which also includes expanded unemployment coverage and benefits. Most Social Security recipients get their benefits through direct deposit, according to the congressional committee’s announcement.

Security 255

Security Taxes Payments Report 255

Accenture: Banking

AUGUST 20, 2019

Amazon and SYF expanded partnership with new secured “credit builder” PLCC; Chase and Southwest expand business portfolio with new SMB card; Synchrony renewed its sales finance partnership with Suzuki. 3 After-Tax ROA of issuers that publicly report – Citigroup, Capital One, Synchrony and Discover 4 YoY = Year-over-year change versus 2Q18.

US 150

US Cards Capital Apple 150

PYMNTS

DECEMBER 17, 2020

Account takeovers and shipping fraud increased by 347 percent and 391 percent, respectively, between 2018 and 2019, and the pandemic has only exacerbated these issues. This represents a fivefold increase from the pre-pandemic normal, when most consumers shopping online were better attuned to security protocol.

Fraud 255

Fraud Online Retail Examples 255

BankBazaar

JULY 4, 2019

The salaried-class, especially, hopes against hope that they will get some relief from with respect to Income Tax. The general ask is to either have a higher tax-exemption limit or more tax breaks. Psst… did you know that a Home Loan can help you save on Income Tax? Higher income tax exemption limit. 50,000 in NPS.

Taxes 90

Taxes National Capital Security 90

PYMNTS

NOVEMBER 5, 2019

s tax authority has released cryptocurrency tax guidance for businesses, revealing that crypto assets will still be defined as commodities. That means that companies that participate in trading exchange tokens must make tax payments. I think this is a problem that requires a lot of solutions and a lot of layers of security.

Taxes 100

Taxes Bitcoin blockchain Seattle 100

PYMNTS

DECEMBER 20, 2019

That famous literary opener could apply to the mobile order-ahead (MOA) space in 2019. As city councils all over the nation get a hankering for MOA tax revenue, the category just keeps growing and evolving. “It was the best of times, it was the worst of times.” Tons of capital was raised and spent on new systems and processes.

Mobile 131

Mobile Fraud New York City Metro 131

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

PYMNTS

OCTOBER 14, 2019

In other news, the Marco Polo Network has announced that it has secured its first Russian-German import-export operations financing project. The Internal Revenue Service (IRS) now has a question on crypto ownership on its 1040 income tax form.

blockchain 109

blockchain Taxes Bitcoin social media 109

PYMNTS

DECEMBER 27, 2019

We have a deep dive into spend management in addition to news involving the Sprint and T-Mobile merger, as well as data on state tax laws. . Uber was ordered to stop securing business in Colombia via its popular ride-hailing app. A ‘Diaper’ By Any Other Tax Code: The Complexities Of Selling Across State Tax Laws.

Taxes 101

Taxes Mobile Management blockchain 101

PYMNTS

OCTOBER 16, 2020

COVID-era fraudsters use scams that range from impersonating tax officials to selling fake PPE on P2P payment apps. A financial fraud attack against FIs or businesses occurred every two minutes on average in 2019, resulting in 59,627 attacks in total. trillion a year. billion) in attacks.

Fraud 222

Fraud Payments Security Data 222

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

JANUARY 15, 2021

These violations, said FinCEN, “caused millions of dollars in suspicious transactions to go unreported in a timely and accurate manner, including proceeds connected to organized crime, tax evasion, fraud, and other financial crimes laundered through the bank into the U.S. financial system.”.

Capital 268

Capital New Jersey Groups New York 268

PYMNTS

MAY 7, 2020

The recently enacted Coronavirus Aid, Relief and Economic Security (CARES) Act included cash tax rebates for millions of Americans, up to $1,200 per individual, $2,400 per couple and $500 per child. This amount will be $1,200 unless adjusted gross income exceeded $150,000.”.

Taxes 160

Taxes Payments Security 160

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

DECEMBER 28, 2018

Avoka CMO Don Bergal told PYMNTS what global markets can expect in 2019 in terms of bank KYC happenings. ” Banks’ 2019 KYC Challenges. “ In 2019, banks will begin to shift the focus of their digital transformation strategy from purely focusing on retail banking to business banking. The Big KYC Trend From 2018.

Compliance 186

Compliance Regulation blockchain Taxes 186

PYMNTS

JANUARY 8, 2019

billion by 2019. It also said Uber’s loss before interest, taxes and non-cash items would fall to $500 million in 2019 from a projected $1.7 Uber is expected to go public in the first half of 2019, having filed paperwork with the Securities and Exchange Commission in the U.S. billion in 2018.

Taxes 153

Taxes Maine Company Report 153

PYMNTS

MARCH 15, 2019

Analysts say the financial struggles of small to medium-sized businesses (SMBs) are challenging the strength of the national economy, adding pressure to a market whose gross domestic product forecast for 2019 was recently cut by Mexico’s central bank. But traditional FIs are beginning to see value in financing small startups, too.

Lending 189

Lending Fintech National Taxes 189

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 12, 2018

The Nassau Guardian reported that the framework will address many of the regulatory challenges the bank associates with crypto, including tax evasion, market volatility, fraudulent initial coin offerings (ICOs), and anti-money laundering policies.

Marketing 179

Marketing cryptocurrency social media blockchain 179

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

APRIL 27, 2020

The common way for people to access the money was by their 2018 or 2019 tax return information, which allowed the government to send the money automatically to the account on file. In addition, benefits for those who receive Supplemental Security Income (SSI) and Veterans Assistance will be sent out soon.

Tools 154

Tools Taxes Security Payments 154

PYMNTS

APRIL 22, 2020

In 2019, Payme, FinViet, EPay, PayTech, Dibee and Smart Net were granted licenses from Vietnam’s central bank. The technology holding company also has member businesses in gaming, security and financial services. . The G-Group ecosystem includes Vietnam’s social media network Gapo and P2P lending platform Tima.

Payments 154

Payments social media Groups Taxes 154

PYMNTS

DECEMBER 26, 2019

Initial public offerings (IPOs) in India during 2019 have dropped to a four-year low as the Southeast Asian country’s economy cools, according to Reuters. According to data from Refinitiv, funds secured through Indian IPOs dropped to $2.8 billion in 2019. overall in 2019. IPO value was at $11.7 billion in 2018.

Taxes 130

Taxes Marketing Security Industry 130

PYMNTS

MAY 16, 2019

Death, taxes and data breaches – those are perhaps the only sure things in life, and new evidence is emerging that hackers are finding increasing profit in targeting online retailers. The company said partial credit card info “may have been browsed,” but that there is “no possibility of leakage” in credit card security codes.

Retail 218

Retail Online Cards Data 218

PYMNTS

SEPTEMBER 12, 2019

The People’s Bank of China announced in March that it plans to create rules for regulating and securing the FinTech sector, for example. . This month’s Deep Dive examines the struggles and strategies involved in securing the FinTech and digital banking space and how AI may be able to help. .

Fraud 189

Fraud Fintech Compliance Regulation 189

PYMNTS

MAY 11, 2020

trillion CARES Act enacted in March, were automatic for 2018 or 2019 filers or retirees who receive Social Security retirement, survivor or disability benefits, Railroad Retirement benefits, as well as Supplemental Security Income and Veterans Affairs beneficiaries who didn’t file a tax return in the last two years.

Taxes 160

Taxes Payments Security Digital Banking 160

PYMNTS

APRIL 18, 2019

The first time a micropreneur does their taxes for the year, Whiting told Webster, is enough to send most of them running back to their nine-to-five, and their simple W-2 life. It’s not secure at all, yet it’s what customers know and trust. Time And Cash — Two Things Of Which All Micropreneurs Need More.

Taxes 226

Taxes Payments Cards User Experience 226

PYMNTS

JUNE 29, 2020

We predict dozens of corporate failures, hundreds of job losses and significant reductions in tax payments, unless it is removed right away,” the EPA said in a letter to the FCA, Reuters reported. The Emerging Payments Association (EPA), an industry trade group, urged the FCA to lift its Wirecard freeze as soon as possible. “We

Taxes 223

Taxes Report Financial Technology Examples 223

PYMNTS

JULY 26, 2020

dollars that does not suffer from the delayed settlement and chargeback issues of traditional payment solutions, or the legal, accounting and tax issues of stablecoins,” the release stated. SPDIs may focus on traditional assets as well.” ” The state already had a reputation as a pioneer in digital financial transactions.

Wyoming 153

Wyoming cryptocurrency Regulation blockchain 153

TheGuardian

FEBRUARY 22, 2021

The bank said on Tuesday that pre-tax profit was down from $13.3bn (£9.4bn) in 2019 to $8.8bn in the 12 months to 31 December, while the adjusted profit before tax of $12.1bn (£8.6bn) fell 76% on the year before.

Taxes 96

Taxes Security Operations 96

PYMNTS

JANUARY 7, 2021

GO2bank is built to be the go-to destination for seamless, affordable, useful banking — combining the security, stability and experience of an FDIC-insured bank with the innovation and agility of a leading FinTech,” Green Dot Corp. CEO Dan Henry said in a press release. Stimulus Checks Pose Issues For H&R Block, TurboTax .

California 142

California Regional FDIC Taxes 142

PYMNTS

FEBRUARY 20, 2019

At the end of last year, the company submitted paperwork for an initial public offering to the Securities and Exchange Commission (SEC), and it’s expected to make the actual IPO filing next week, naming Nasdaq as the listing exchange. Analysts expect many more high profile companies to go public in 2019. billion by 2019.

New York 116

New York Taxes Company Security 116

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

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.

Lending 243

Lending St. Louis Community Marketing 243

BankBazaar

NOVEMBER 19, 2019

No need for security, collateral or guarantors. of the loan amount, plus service tax. No need for security, collateral or guarantors. No need for security, collateral or guarantors. You can take this Personal Loan without the need for security, collateral or guarantors. Fees and charges: . Processing Fee: 2.5%

Cards 84

Cards Security Taxes Exercises 84

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. False Positives and Data Security. A 2019 PYMNTS survey found that 60.8 Detecting Fraudsters. percent said this was their most onerous problem.

Customer Experience 152

Customer Experience Fraud Millennials Online 152