PYMNTS

FEBRUARY 26, 2019

to allow businesses to pay their corporate taxes in bitcoin. During the first tax season in which crypto payments were an option for Ohio companies, only two businesses in the state actually used cryptocurrency to do so. According to Good Audience , hundreds of thousands of retailers currently accept cryptocurrency.

Taxes 145

Taxes Ohio cryptocurrency Payments 145

PYMNTS

SEPTEMBER 5, 2017

With a growing number of automated machines performing jobs and tasks that could eliminate jobs, one San Francisco official is pushing a statewide “tax” in California on robots that put people out of work. And even Bill Gates suggested earlier this year that a robot tax could slow down automation and give people time to prepare.

San Francisco 108

San Francisco Taxes San Jose United States 108

PYMNTS

NOVEMBER 30, 2020

Fraudsters have redoubled their attacks on eCommerce channels, however, making consumers more concerned about data security. Knutson explained how the virtual debit card space is evolving to support eCommerce and detailed what goes into a secure yet speedy virtual card application process. Streamlining Onboarding Security.

Cards 151

Cards Security ATM Data 151

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

APRIL 4, 2018

In their place has risen a new system of exchanging funds that have made payments faster, more efficient, more secure and, above all, smarter. In the rideshare market, for example, Uber and Lyft are allowing drivers to get paid more quickly, and with greater flexibility, than waiting for payday to roll around.

Taxes 100

Taxes Report System blockchain 100

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. billion raised. For someone in the U.S.,

Bitcoin 123

Bitcoin Taxes cryptocurrency Regulation 123

CB Insights

NOVEMBER 30, 2021

Fonoa , a provider of automated tax compliance tools, has raised $25M in a Series A round. At present, the company offers tax automation services in 100+ countries, and it plans to expand to 140+ countries by the end of 2021. Examples include Uber, Lime, Zoom, GoStudent, and Teachable. HOW’S THE COMPANY PERFORMING?

Taxes 36

Taxes Compliance Tools Company 36

PYMNTS

APRIL 22, 2020

trillion Coronavirus Aid, Relief and Economic Security ( CARES ) Act enacted by Congress in late March. IRS figures show that nearly 156 million Americans filed taxes last year, including about 89 percent (138 million) who filed electronically. The assistance was made possible by the $2.2 Some high earners don’t qualify.).

Taxes 326

Taxes Examples Payments Tools 326

PYMNTS

JUNE 4, 2020

The share of B2B transactions conducted via check has fallen 50 percent since 2004 and hit an all-time low of 42 percent last September, for example. Ensuring such payments are secure from bad actors is a priority for the banks that process them. API security. Benefits Of APIs .

Security 151

Security Fraud Payments Compliance 151

Perficient

OCTOBER 20, 2020

An example of an image is provided using the Account Reconciliations solution which is classified as a Reconciliation Suite solution. The current classifications for MarketPlace solutions are Compliance, Planning, Builders, Reconciliation Suite, Reporting, Security, Templates, Training, and Tools.

Training 294

Training Compliance Security Examples 294

South State Correspondent

JANUARY 25, 2024

T2S & S2T: Allows for text-to-speech and speech-to-text A Banking Example of a Large Action Model LAMs impact banks in two ways. For security reasons, banks will start to create “companion accounts” that will give the large action models particular access that the user controls to include a set of limits.

Examples 370

Examples Security User Experience Data 370

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 18, 2021

With a second Paycheck Protection Program (PPP) on the way, small businesses have yet another chance to secure much-needed financial relief. Yet the new bill fails to address the gaps that allowed for fraudulent activity among some businesses that had secured PPP loans in the first round of stimulus, the publication alleges.

Community 219

Community Fraud Taxes Massachusetts 219

PYMNTS

JANUARY 16, 2019

In one example from the past several days, the China Banking Association (CBA) — the regulatory agency tied to the sector — has launched a new blockchain-underpinned initiative focused on trade finance. The CBA pilots, as reported by CoinDesk and other sites, were tied to the issuance of letters of credit and securities.

blockchain 206

blockchain Taxes Security Survey 206

MyBankTracker

MARCH 24, 2021

The 2021 tax season is likely to stand out from previous years as many Americans might need their tax refunds more than ever. According to a recent MyBankTracker survey, Americans are most likely to put this year’s tax refunds into savings, which may not come as a surprise. percent) of a tax refund for the 2021 tax season.

Taxes 52

Taxes Survey Study United States 52

Perficient

JUNE 30, 2022

Ryan Salame, the co-CEO of FTX, said the campus could serve as a bellwether for similar crypto companies looking to take advantage of the island country’s favorable tax and regulatory frameworks. The paper also lays out plans to expand the resources of the Securities Commission of The Bahamas to bolster its role as the main crypto regulator.

cryptocurrency 472

cryptocurrency Regulation Conference Taxes 472

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

DECEMBER 17, 2020

Twenty-two percent of Americans have reported being targeted by pandemic-related fraud, for example, such as schemes involving fake personal protective equipment (PPE) merchants or fraudsters impersonating tax officials. Developments From The World Of Digital Fraud. Walgreens On Stopping Promotion Abuse Fraud Through Online Deals.

Fraud 255

Fraud Online Retail Examples 255

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

JUNE 18, 2019

The France-based company secured the funding from Eurazeo and Bpifrance , which are backing PayFit’s payroll and human resource management technology services designed for multiple European countries’ particular labor laws. Earlier this month Ireland-based Immedis secured $28.2 while Gusto , another U.S.

Taxes 115

Taxes Resources Security Technology 115

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. In one example, One, Inc. like paying over the phone using an IVR system that will securely capture credit card information.

Taxes 101

Taxes Payments social media Policies 101

PYMNTS

FEBRUARY 3, 2020

As Vasir explained, this enables employees to not only take control of various HR functions, including benefits management, taxes and retirement fund contributions, but at the broader level, reconnects those employees to having control over their own data. A New Data Security Paradigm.

Data 184

Data Security Taxes blockchain 184

PYMNTS

SEPTEMBER 16, 2020

Homesharing platforms must vet renters or tenants and ensure that their personal and payment data remain secure, for example. and it collects any value-added taxes. . Self Storage Association, for example, which stipulate that hosts must provide lockable, clear and dry spaces with no structural damage.

Taxes 230

Taxes Guidelines Meeting Security 230

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.

US 227

US Cyber Security Security National 227

PYMNTS

DECEMBER 27, 2020

Securities and Exchange Commission approved a plan by the New York Stock Exchange to approve “direct” listings by companies, which let companies come to market without the underwriters (typically) large banks that charge hefty fees to bring the deals to the Street and reach institutional and retail investors. Earlier in the month, the U.S.

New York 270

New York US Examples Training 270

Abrigo

NOVEMBER 17, 2023

While small business borrowers , for example, predominantly choose where to apply for credit based on an existing relationship with a lender, more than half who source loans from online lenders cite the speed of funding as an influential factor. Stop manual tax-data entry. Stop the loan-request runaround. Use a digital loan request.

Lending 221

Lending Software System Taxes 221

PYMNTS

APRIL 27, 2020

Nothing brings money to top of mind like tax season — and tax refunds and stimulus payments , doled out in the wake of a pandemic known as the coronavirus. The trillions of dollars in stimulus funding and tax refunds being extended to families, individuals and businesses is coming — but slowly. Tax refunds? Very slowly.

blockchain 272

blockchain Taxes Industry Payments 272

Abrigo

JANUARY 6, 2017

To be certain, many accountants could make a full-time job out of simply trying to understand the various types of technology that can make their personal lives easier and their practices more profitable and secure. In auditing, for example, there’s a lot of inefficiency in gathering the audit evidence.

Trends 218

Trends blockchain Taxes Survey 218

Ublocal

FEBRUARY 27, 2024

Wealth management is an integral part of successful estate planning, helping you locate and catalog your assets while maintaining and growing your wealth—so you can secure your legacy and provide for your family’s future. Certificates of Deposit : CDs can be useful investment tools, especially for individuals approaching retirement.

Management 98

Management Taxes Strategy New Hampshire 98

Abrigo

SEPTEMBER 5, 2023

Examples of "except"-ional problems I have seen cases where something is an exception even though there is a policy or guidance specifically allowing instances for what is being cited as an exception. For example, the lack of a loan agreement on a term loan is a common credit exception. and property tax payments.

Policies 195

Policies Lending Risk Management Examples 195

PYMNTS

MAY 8, 2020

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. million in March 2020 from $67.5 million in March 2019. Casinos in the U.S.

Online 176

Online Industry New Jersey Pennsylvania 176

PYMNTS

APRIL 17, 2019

By way of example, during the quarter, the tech giant sold its mortgage servicing business to Mr. Cooper Group. For example, the company said it has worked with the shipping firm Maersk to help streamline international logistics.

blockchain 100

blockchain System Taxes Software 100

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. com,” for example, would see emails from similar domains, such as “QSR-123.com” com” flagged. .

Fraud 177

Fraud Training Data Taxes 177

PYMNTS

OCTOBER 19, 2020

There are extremely elaborate scams with puppies for sale, for example,” Armistead explained. Scams have taken on a new life amid the COVID-19 pandemic, according to Armistead, with scammers impersonating tax officials, personal protective equipment (PPE) sellers or bank personnel to trick victims into sending them money.

Fraud 171

Fraud Analytics System Examples 171

PYMNTS

JANUARY 23, 2020

State agencies handle disbursements for property refunds, public programs, taxes and more, and many are still clinging to paper checks as part of their processes, even as they adopt ACH or direct debit payments. The same is true for business entities on other tax programs. We’ve already adopted direct deposit.

Oregon 131

Oregon Tennessee Texas US 131

Abrigo

JULY 20, 2024

Lenders are often more comfortable with loans secured by real estate and a focus on debt-service coverage and loan-to-value. Both can be done most efficiently when some member or customer engagement occurs digitally, using secure portals and automated email reminders to gather routine documents, for example.

Lending 195

Lending Risk Management Management Capital 195

BankBazaar

JUNE 18, 2020

If your tax slab is 30%, your FD returns will be taxed to that extent, unless you’re a senior citizen eligible for certain income tax bene?ts after income tax and that is your e?ective ective post-tax return (refer to Table 2). higher per annum post tax than ?xed ts on this front.

Management 78

Management Taxes Examples Capital 78