BankInovation

DECEMBER 1, 2021

tax refunds given each year, three fintechs have teamed up for Tax Refund Unlock, a new service that offers consumers ongoing, incremental access to the funds they would normally receive as a single payment after filing their annual tax returns. With some $350 billion in U.S.

Taxes 98

Taxes Fintech Payments Retail 98

PYMNTS

AUGUST 5, 2020

“ANNA has a unique offering for those working in the creative industries, small businesses and freelancers and we have been delighted to have worked with them since their launch,” Edoardo Volta , head of FinTech at Mastercard U.K. and Ireland, said in the announcement.

Fintech 203

Fintech Taxes Cards Industry 203

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. 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

SEPTEMBER 12, 2019

FinTechs could face these same financial pains as regulators increasingly demand that they follow the compliance rules to which FIs must adhere. The People’s Bank of China announced in March that it plans to create rules for regulating and securing the FinTech sector, for example. . A report found that the U.S. imposed a full $23.52

Fraud 189

Fraud Fintech Compliance Regulation 189

Bank Innovation

APRIL 5, 2017

The first of the packages, Tax Protection, went live today, according to the company’s co-founder Vicki Zhou. The package includes tax-loss harvesting–dubbed WiseHarvesting, which was the fintech’s first paid service— selective trading, […].

Taxes 207

Taxes Innovation Fintech Operations 207

PYMNTS

MARCH 15, 2019

Some of the largest global financial institutions are taking steps further into Mexico’s small business lending and finance space, the result of heightened competitive pressure imposed by FinTechs and alternative lenders in the market, reports in the Wall Street Journal said Thursday (March 14). ”

Lending 189

Lending Fintech National Taxes 189

Gonzobanker

AUGUST 17, 2022

Most fintech companies are fine, but they’ve stopped blowing off econ class for mimosa brunches. Especially in fintech, which had the roughest semester last spring. Fintech is still alive and well, Gonzobankers, and fintech deals are still happening. Banks Bought More Fintechs (Until Sum mer Break Started!).

Fintech 198

Fintech Lending Software Compliance 198

PYMNTS

FEBRUARY 20, 2020

This week’s exploration of the latest in bank-FinTech collaborations and data integrations finds an opportunity for accounting portals to drive customer loyalty through data connectivity, while lenders embrace strengthened risk mitigation by looping directly into borrower data. bank sets its data sharing rules for FinTech firms.

Lending 217

Lending Taxes Fintech Data 217

PYMNTS

OCTOBER 26, 2018

With only a few million dollars in combined investments, this week certainly wasn’t the most lucrative for B2B FinTech firms, but the variety and global reach of recent SMB FinTech investments offers a bright spot in an otherwise quiet moment for B2B venture capital. Businesses across Asia, South Africa, the U.K. Nisa Finance.

Fintech 192

Fintech Capital Tools Management 192

PYMNTS

NOVEMBER 16, 2020

Group Seeks to Block Maryland Online Advertising Tax. Marylanders for Tax Fairness is preparing for a battle in January over the state’s attempt to make a digital advertising tax, the Baltimore Sun reported. Maryland legislators ratified the tax earlier in 2020, but Gov. Larry Hogan vetoed the levy. percent to 10 percent.

Maryland 151

Maryland Taxes Online Groups 151

PYMNTS

JUNE 9, 2019

The meeting also resulted in the Group of 20 finance ministers announcing they will work together to create common rules to close corporate tax loopholes. Tech companies are accused of using them to get around paying higher corporate taxes.

Industry 190

Industry Big Data Fintech Taxes 190

PYMNTS

NOVEMBER 13, 2018

APIs offer third-party FinTech firms new opportunities to make use of valuable data stored within traditional bank accounts. While data stored within bank accounts can be applied to many use cases, either by FinTech firms or the bank itself, cash flow forecasting is not always one of them. and Europe, while Australia and the U.S.

Data 184

Data Fintech Mobile Analysis 184

PYMNTS

FEBRUARY 8, 2019

Growth of FinTech funding seems unstoppable, with the latest analysis from Hampleton Partners finding enterprise financial services and integration, online financial services, enterprise financial software and Software-as-a-Service (SaaS) risk management as some of the hottest spots for investors this year.

Fintech 188

Fintech Capital New York City Analysis 188

PYMNTS

NOVEMBER 23, 2020

“It has been extremely humbling to experience the growth we’ve seen at Sleek over the last three years, even more so amidst the global pandemic, which has been a growth catalyst for fully digital players like us,” said Julien Labruyere , CEO of the FinTech Sleek. Singapore itself has a growing economy, with 1.4

Fintech 151

Fintech Taxes Capital Compliance 151

PYMNTS

AUGUST 16, 2019

With more than $200 million in venture capital funding landing with B2B FinTechs this week, investors had their eyes set on a variety of pain points in corporate finance. Below, PYMNTS breaks down the latest in B2B FinTech funding. Meanwhile, logistics, data analytics, and business travel technologies also won over investors.

Fintech 179

Fintech Analytics Capital Lending 179

PYMNTS

FEBRUARY 28, 2020

As B2B FinTech firms continue working to break down silos, and ease the numerous friction points of the B2B payments process for both buyer and seller, the opportunities for data integration are vast. It’s one thing to enable two B2B FinTech platforms — like an accounts payable and accounting platform — to share data with each other.

Taxes 209

Taxes Data Fintech Compliance 209

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. While Rodriguez said he agrees with that, he emphasized that human expertise is itself an essential influence on the development of FinTech for small businesses.

Fintech 154

Fintech Taxes Capital Analysis 154

Bank Innovation

JANUARY 25, 2018

Then of course there are various other events sweeping the financial services space, from new tax laws in the U.S., The cryptocurrency bitcoin, which shocked everyone by surpassing $17K, further shocked everyone by dropping below $10K. to the rise of […].

Trends 299

Trends Bitcoin cryptocurrency Taxes 299

PYMNTS

SEPTEMBER 18, 2019

The delicate balance between bank-FinTech competition and collaboration continues to teeter in the U.S. In a market without Open Banking regulations, FinTechs continue to enter in to the market, collaborating with bank partners to offer their own financial services — which often compete directly with other financial institutions.

Fintech 144

Fintech Payments Meeting Capital 144

PYMNTS

JANUARY 15, 2019

from the EU would face a lot more paperwork and taxes – and the reverse would be true, too, for goods sent from the U.K. FinTech, by some estimates, and as noted by Forbes late last year, represents as much as 10 percent of the U.K.’s For logistics and supply chains, including all manner of tech, items that are imported into the U.K.

Fintech 181

Fintech Taxes Course National 181

PYMNTS

MARCH 12, 2019

and Europe is a natural progression from the surge in FinTech solutions offered to consumers, small businesses and enterprises. have plans to acquire a FinTech in the next 12 months as they pursue heightened digital transformation. For proponents of open banking , the regulatory initiative seen in the U.K. ”

Data 184

Data Fintech Strategy Regulation 184

Perficient

OCTOBER 15, 2024

These rules are about as fun as reading tax code, but they’re crucial in ensuring customer data is protected, privacy is maintained, and banks don’t end up with regulators breathing down their necks.

Tools 221

Tools Data Compliance Regulation 221

PYMNTS

SEPTEMBER 6, 2019

million was placed with B2B FinTechs this week. Also operating in India, supply chain financing FinTech Cashflo revealed $3.3 Yet another India B2B FinTech landed on the board this week with its $5 million Series A investment, reports in Business Standard said. Aspire Financial Technologies.

Fintech 155

Fintech Capital Lending Operations 155

PYMNTS

SEPTEMBER 24, 2019

financial institution Nationwide Building Society has made an investment in open banking FinTech BankiFi , the companies revealed in an announcement Monday (Sept. Nationwide said that its investment in BankiFi is part of its $62 million fund established last year to promote collaborations between Nationwide and FinTechs and other startups.

Fintech 133

Fintech Taxes Lending Strategy 133

PYMNTS

JANUARY 17, 2019

The transaction should generate $50 million in net present value of tax benefits. WEX said it will pay about $425 million under the agreement terms, with $50 million deferred until January of next year. The transaction will close in Q1 of 2019, and is subject to regulatory approvals and the expected closing conditions.

Fintech 162

Fintech Taxes Technology Financial Technology 162

PYMNTS

AUGUST 27, 2019

The Certified Personal Accountant (CPA) today now has a plethora of FinTech solutions they can use to manage their clients’ money, with the number of digital tools — including cloud accounting portals, cash flow forecasting solutions and intelligent technologies like artificial intelligence (AI) — continuing to rise. Changing CPA Roles.

Fintech 150

Fintech Online Management Cards 150

PYMNTS

MARCH 4, 2020

The ERP’s Role in a FinTech World. The boom in B2B FinTech has introduced a flurry of new solutions and platforms from which corporates and small businesses can choose. For example, he pointed to multinational corporates’ need for tax provisioning and transfer pricing solutions to promote efficiency and compliance across borders.

Data 260

Data Taxes Analytics Management 260

Chris Skinner

NOVEMBER 13, 2018

For example, dealing with clients who require a Government Tax Residency Letter and multiple hurdles to be cleared before they can make payment; or dealing with American clients who want to pay me by cheque; or, worst of … The post Legacy vendors are more of an issue than legacy systems appeared first on Chris Skinner's blog.

System 273

System Taxes Examples How To 273

PYMNTS

SEPTEMBER 3, 2020

The feature can be used to adjust any change in the tax rate charged on food and non-alcoholic beverages. FinTech partners, he said, have become key allies to helping SMBs. “We The remote payments app allows merchants to charge customers by sending a payment link via SMS, Whatsapp, email or social media.

social media 298

social media Taxes Online Payments 298

Chris Skinner

MAY 30, 2017

Things we’re reading today include … Aviva eyeing AI and big data in bid to become fintech firm How will the rollout of open banking affect me? The post Things worth reading: 31st May 2017 appeared first on Chris Skinner's blog.

Big Data 184

Big Data Taxes blockchain Fintech 184

PYMNTS

JANUARY 10, 2020

As corporates continue their modernization and digitization efforts, opportunities for emerging startups to disrupt the status quo and improve business operations are expanding, with FinTech as a bright spot in the startup pool. Take a look at how more than $198 million in fresh funding landed in the B2B FinTech space below.

Fintech 131

Fintech Capital Software Technology 131

PYMNTS

APRIL 21, 2020

Open banking and the rise of FinTechs have spurred banks to look toward developing new applications and products with speed, and to look toward moving mission-critical functions to the cloud. As he told Webster, “technical debt is like a tax. It’s a tax on agility, productivity and adaptability.

System 208

System Taxes Data Technology 208

PYMNTS

FEBRUARY 25, 2020

Business-facing FinTechs have trailed behind innovation-targeting consumers – so looking back a decade ago, at the mere early rumbles of an eventual FinTech boom, it’s perhaps unsurprising that B2B FinTech was hardly a blip on the radar. Finding the Sweet Spots.

Compliance 184

Compliance Taxes Fintech Resources 184

PYMNTS

DECEMBER 16, 2020

The payroll industry has undergone an immense amount of FinTech innovation in recent years. This can also mean supporting accounting and payroll reconciliation, or even using payroll information to determine the eligibility of a business for an array of government tax credits.

Data 291

Data Lending Innovation Fintech 291

PYMNTS

SEPTEMBER 8, 2020

Meanwhile, Visa has added crypto lender Cred to its roster of its FinTech Fast Track program, allowing for sped-up borrowing, payments and other such features, according to CoinDesk. Both companies work to provide tax software for cryptocurrencies, but Blockpit CEO Florian Wimmer said the companies have different strengths.

Bitcoin 141

Bitcoin Fintech cryptocurrency Software 141

Chris Skinner

FEBRUARY 24, 2017

The post Things worth reading: 24th February 2017 appeared first on Chris Skinner's blog.

Taxes 190

Taxes Fintech Security Cards 190

Bobsguide

MARCH 4, 2021

Hopes of detailed spending plans for fintech were dashed when Chancellor Rishi Sunak failed to specifically mention the sector in his Budget speech on March 3. Luke Hamm, CEO of R&D tax specialists GovGrant said in a statement that the government had “fallen short” of.

Fintech 88

Fintech Taxes 88