PYMNTS

JULY 18, 2017

India’s Goods and Services Tax (GST) reform has inspired several FinTechs to help SMEs handle the shift, with the latest being Vayana Network, a trade finance company. Reports said Vayana will use the capital to bolster its platform both within India and in new markets globally. Iyer in a statement. Iyer in a statement.

Taxes 100

Taxes Leadership Capital Industry 100

PYMNTS

OCTOBER 25, 2019

Yet, small business (SMB) banking wasn’t the only highlight of this week’s B2B venture capital roundup, with the two largest fundraises showcasing China’s rising B2B FinTech ecosystem in areas like expense management and invoicing. Keeping up with the ever-intensifying competition with industry rival Tide, U.K.

Capital 101

Capital Fintech blockchain Management 101

FirstInternet

DECEMBER 10, 2019

Managing working capital on a day-to-day basis is vital for any business. Utilize excess capital efficiently. Utilize excess capital efficiently. Streamlining cash management and return on excess capital can give businesses a competitive edge. Businesses with multiple tax IDs. Pay funds in a timely fashion.

Capital 79

Capital Taxes Management Operations 79

PYMNTS

JULY 1, 2020

billion non-cash goodwill charge before tax, as the retailer’s long-haul forecast and market capitalization shifted, mainly due to the coronavirus health crisis. Macy’s Chairman and Chief Executive Officer Jeff Gennette said in the statement, “The first quarter of 2020 was challenging for the country, the industry and Macy’s, Inc.

Taxes 232

Taxes Retail Maine Regional 232

PYMNTS

JANUARY 7, 2020

In other crypto news , cryptocurrency tax automation software TaxBit has raised $5 million in funding. Investors in the venture include TTV Capital, Dragonfly Capital Partners, Collaborative Fund, Winklevoss Capital, Valar Ventures, Global Founders Capital, Table Management, Album VC and more. . ”

Bitcoin 132

Bitcoin blockchain Taxes Austin 132

Perficient

JUNE 30, 2022

In 2022, FTX broke ground on its new headquarters in Nassau, the country’s capital. In April 2022, Nassau, the capital of the Bahamas, hosted the invitation-only Crypto Bahamas Conference. For example, the Bahamian government is planning on allowing Bahamians to pay their taxes using Sand Dollars. Crypto Conference.

cryptocurrency 472

cryptocurrency Regulation Conference Taxes 472

PYMNTS

JANUARY 26, 2018

And lest you think changes in tax policy sow confusion only in the United States, think again. Bitcoin breeched a key psychological barrier on news that the South Korean government would tax income earned by virtual currency exchanges to the tune of 24.2 This past week saw a wild ride. Crossing borders and crossing the Rubicon.

Bitcoin 123

Bitcoin Taxes cryptocurrency Regulation 123

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. . The country’s Superintendency of Industry and Commerce (SIC) reportedly said Uber went against market rules. A ‘Diaper’ By Any Other Tax Code: The Complexities Of Selling Across State Tax Laws.

Taxes 101

Taxes Mobile Management blockchain 101

PYMNTS

MAY 21, 2018

We’ve got 17 months’ worth of cash without further raises of capital,” the executive said. Balances of the industry surpassed $1.03 The paper noted that American Express, Capital One, Citigroup, Discover Financial and Synchrony Financial had a median return on their assets of 2.1 trillion in January 2018, setting a new record.

Seattle 100

Seattle Taxes Cards Data 100

South State Correspondent

APRIL 4, 2024

However, because bank capital has an average expected life of 15 to 20 years, bank managers must gauge and react to secular changes that will impact their business model. These changes associated with higher government budgetary spending will have direct and consequential effects on the banking industry.

Risk Management 195

Risk Management Community Bank Policies Community 195

PYMNTS

SEPTEMBER 8, 2020

The financial services industry saw 21,000 positions added in July. In an interview with Karen Webster, Patrick Luther who is the industry principal of financial services at Ceridian , illustrated how on-demand pay can help improve the overall financial situation for those working in the sector.

Taxes 170

Taxes Los Angeles New York City New York 170

Independent Banker

FEBRUARY 28, 2022

The ICBA Capital Summit is the premier event for community bankers looking to advocate for their industry. In person for the first time since 2019, the ICBA Capital Summit in Washington, D.C., They can advocate for their industry while getting the inside scoop from pundits and other insiders. By Aaron Stetter, ICBA.

Community 180

Community Washington Community Bank Capital 180

PYMNTS

MAY 19, 2020

Electronic payments processing is becoming “increasingly critical” for Ontario Systems’ customers, which mandated the acquisition of SwervePay acquisition, a payment facilitator in the accounts receivable management and healthcare industries.

System 239

System Payments Taxes Software 239

Abrigo

DECEMBER 18, 2023

WATCH Takeaway 1 Banks and credit unions are critical sources of capital for businesses in their communities, so how institutions assess CRE credits matters. Takeaway 3 Loan-level stress testing can help assess repricing risk, while capital stress testing helps clarify the impact of CRE loan losses on capital.

Risk Management 221

Risk Management Management Lending Capital 221

PYMNTS

MAY 23, 2016

Bohlke said it is not especially useful to lump online lenders together or paint them with a broad brush, especially in the wake of the clouds gathering over Lending Club and other firms in the industry at large. Among the biggest sureties to guarantee failure: lack of timely access to capital.

Capital 103

Capital Lending Online Taxes 103

Bankelele

JANUARY 6, 2015

It’s a new year, and with it comes the reintroduction of the capital gains tax (CGT) in Kenya. This time it has stuck and is now the law, with the a 5% tax imposed on the transfer of land, buildings and investment shares. million) was concluded on December 31, 2014 (presumably beating the tax deadline).

Taxes 28

Taxes Capital Guidelines Industry 28

PYMNTS

JANUARY 5, 2020

For decades, public sector undertaking (PSU) banks have largely been responsible for handling the working capital loans that many firms need for daily operations. Though proposed by SBI, it has to be a collective decision by the industry,” one source told the news outlet. Assets don’t help companies to repay loans.

Lending 130

Lending Capital National Taxes 130

Abrigo

JULY 20, 2024

Commercial and industrial lending (C&I) will be the next big performance driver for banks and credit unions. Takeaway 3 To fully capitalize on the forthcoming C&I wave, institutions need the right products, systems, people, and technology. Ready to catch the next wave of lending growth? C&I lending will be the next “bomb.”

Lending 195

Lending Risk Management Management Capital 195

PYMNTS

OCTOBER 22, 2018

22) that it will buy Pennsylvania-based JetPay , “a provider of end-to-end payment processing and human capital management solutions,” according to a statement. JetPay ’s services include card acceptance, processing, payroll, payroll tax filing, human capital management services and other financial transactions.

Payments 136

Payments Pennsylvania Capital Strategy 136

PYMNTS

APRIL 9, 2018

This may be the first sign of tax reform seeping into the small business labor market,” the executive said in a statement. “As As small business owners begin to realize the benefits of tax reform, they will likely translate to better wages and more jobs. percent increase in hiring activity in March.

Taxes 141

Taxes Analytics Regional Survey 141

PYMNTS

FEBRUARY 10, 2017

Belgium’s capital city is becoming known for more than just housing major international institutions like EU Parliament, EU Commission and NATO. Brussels is the second most diverse city in the world and is known for being a multinational, multilingual and multi-industry region. ­­­­. Belgium is on the path toward a digital revolution.

Capital 100

Capital Regional Innovation Fintech 100

BankUnderground

AUGUST 11, 2022

Examples include tax measures to stimulate firm-level Research & Development and structural reforms to eliminate distortions in labour, financial, and product markets. The algorithm uncovers the presence of five well-separated clusters of start-ups, which we label large; capital intensive; high-leverage; cash-intensive and basic.

Taxes 118

Taxes Policies Exercises Examples 118

PYMNTS

JULY 31, 2020

In a venture capital slowdown, any investment round is a win. million in fresh investment for the industry. The company’s Series B investment round was led by Viola Ventures and Rabo Frontier Ventures, while existing backers Lightspeed Venture Partners, Point Nine Capital, Speedinvest, 42CAP and others also participated.

Security 166

Security Data Capital Utah 166

PYMNTS

APRIL 23, 2019

Bookkeeping is at the core of many essential processes in the back office: tax filing, working capital management and access to financing, to name a few. In the case of accessing capital, the Federal Reserve ‘s latest analysis has suggested that small business demand for financing in the U.S. The firm secured $1.8

Fintech 154

Fintech Taxes Capital Analysis 154

PYMNTS

SEPTEMBER 29, 2016

According to a new confidential industry report, the consumer side of British banking could soon find itself hard hit by Brexit. Fifty-eight percent of 132 chief financial officers said they anticipate that Brexit will reduce their capital spending over the next few years. Manufacturing and trade aren’t the only areas taking a hit.

Industry 100

Industry Examples Survey Report 100

PYMNTS

DECEMBER 11, 2019

The company has worked to legitimize itself by remaining compliant with California’s strict cannabis laws, a move that will let companies in the industry worry less about capital requirements and more about managing compliance. WAYV is partnering with Hypur, a Scottsdale-based payment and banking company, on the initiative.

California 135

California Compliance Capital Taxes 135

South State Correspondent

MARCH 30, 2022

Research by various consultants shows that 80% of companies across industries rate themselves as providing superior service, but only 8% of these companies genuinely deliver such service. Banks can then calculate SVA, which requires banks to subtract their cost of capital from net operating profit after tax for each client.

Community Bank 195

Community Bank Resources Community Regional 195

PYMNTS

AUGUST 6, 2019

The British tax authority wants cryptocurrency exchanges to share customer names and transaction data in order to track down unpaid taxes. While the HMRC declined to go into detail, saying it could jeopardize the assessment or collection of taxes, it confirmed that the request is within its jurisdiction.

Bitcoin 100

Bitcoin blockchain Taxes cryptocurrency 100

PYMNTS

OCTOBER 1, 2019

In the next 10 years, as robots and other tech bring about the “greatest transfer from labour to capital” the industry has witnessed, per a report by Wells Fargo analysts, U.S. Wells Fargo’s team of analysts in financial services and technology examined technology’s impact throughout the banking industry in the U.S.

Technology 217

Technology FDIC US Big Data 217

Independent Banker

MARCH 31, 2022

Here stood a group of experienced and passionate community bankers who have dedicated themselves to advocating for the industry they care so deeply about. The key is to demonstrate how additional regulatory burdens on the community banking industry will negatively affect the customers and communities we serve.

Community Bank 239

Community Bank Community Industry Texas 239

South State Correspondent

JULY 15, 2024

We measured prepayment speeds, loan size, loan term, fee income, loan yield, credit performance, and return on equity (ROE) of hedged loans and compared this performance to community bank industry averages. percentage points higher than the industry average. The ROE for the average hedged loan is 4.39

Community Bank 195

Community Bank Analysis Community Training 195

South State Correspondent

OCTOBER 4, 2023

Business Savings: If you are looking for the least marketed product in the banking industry, we would submit for your consideration the business savings account. Build a campaign to acquire new customers or, at a minimum, remind your current customers to save for taxes, incentive compensation, emergencies, or any number of other items.

Marketing 195

Marketing Taxes Training Management 195

Abrigo

JANUARY 7, 2021

300 or fewer The borrower must have 300 or fewer employees (with a few exceptions for businesses in the accommodation and food services industries – NAICS 72, and certain eligible news organizations) 2/15/20 The entity must have been in business on Feb. 2019 tax returns or 2019 year-end financial statements 2. March 31 deadline.

Taxes 195

Taxes Lending Connecticut Capital 195

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 23, 2020

Financial technology company Sleek has reportedly netted $4 million in venture funding for its efforts to take on the traditional corporate services industry. SEEDS Capital , the investment arm of Enterprise Singapore , led the funding round, which also included MI8 Ltd.,

Fintech 151

Fintech Taxes Compliance Capital 151

PYMNTS

AUGUST 20, 2020

As he recently told PYMNTS, traditional financial institutions (FIs) can lack the industry-specific knowledge and product offerings to address landlords’ unique pain points, which go far beyond managing late payments. Today, it remains unclear exactly how the coronavirus crisis has affected rent capital in-flows.

Taxes 141

Taxes Management Industry Payments 141

BankUnderground

JANUARY 18, 2021

Effectively, Britain was forced into a ‘Battle for Capital’ simultaneous with its military efforts — with the efficacy of the latter dependent on the success of the former. New information about those changes comes from some of the hundreds of ledgers of War Loan investors who provided capital for war in the years 1914-1932.

Capital 145

Capital Retail Taxes Industry 145