BankBazaar

APRIL 15, 2021

As per tax rules, you should make investment declarations to both your employers – your previous as well as your current. Likewise, you will need to submit the same investment proofs to your new employer by including this information in Form 12B that you may have to submit to the latter at the time of joining. .

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Abrigo

FEBRUARY 10, 2022

Takeaway 3 Proposed changes will further define beneficial ownership and outline procedures for disclosing information. Since 2016, three serious document leaks have made international news and exposed the activity of powerful political elites or wealthy individuals who used shell companies to disguise the source of funds and avoid taxes.

Training 195

Training Regulation Report Compliance 195

PYMNTS

FEBRUARY 24, 2020

Tax season is upon U.S. In a new report from ProofPoint , researchers warned that any businesses with the word “tax” in its domain is at risk of being spoofed by phishing attackers targeting small to medium-sized businesses (SMBs). Indeed, tax season isn’t the only threat hitting SMBs, either.

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PYMNTS

APRIL 10, 2020

TurboTax , the online tax preparation service, has said it is launching a free stimulus registration system to help people who don’t need to file a tax return. Approximately 10 million people in the country don’t have to file taxes, and roughly 80 percent can receive a stimulus check. .

Taxes 216

Taxes Tools Payments Los Angeles 216

Abrigo

FEBRUARY 28, 2025

Phishing scams Phishing scams involve fraudsters impersonating legitimate entitiessuch as banks, government agencies, well-known companies, or business contactsto trick individuals into providing sensitive information like login credentials, Social Security numbers, or financial details.

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PYMNTS

APRIL 22, 2020

IRS figures show that nearly 156 million Americans filed taxes last year, including about 89 percent (138 million) who filed electronically. For example, some users have received frustrating error messages such as: “According to information that we have on file, we cannot determine your eligibility for a payment at this time.

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Taxes Examples Payments Tools 326

PYMNTS

APRIL 16, 2020

The new Get My Payment tool launched on Wednesday (April 15) by the IRS and the Treasury Department is supposed to let people know when they can expect their stimulus check or direct deposit, or allow them to enter direct deposit information so they can get their money faster. . million had added direct deposit information.

Taxes 291

Taxes social media Tools Payments 291

CFPB Monitor

SEPTEMBER 20, 2021

The proposal is purportedly designed as a means to crack down on tax evasion by wealthy taxpayers, but the $600 threshold would reach almost all Americans with a traditional bank account. The Infrastructure Investment and Jobs Act (H.R.

Taxes 148

Taxes CA Report Operations 148

PYMNTS

NOVEMBER 2, 2020

UN Committee Indicates Support For Initiative To Tax Big Tech In Developing Nations. The United Nation’s Tax Committee of Experts has indicated support for an initiative to assist developing nations in taxing Big Tech, Bloomberg Tax reported on Wednesday (Oct. streaming company to pay taxes, Techwire Asia reported.

Taxes 212

Taxes National Regulation Google 212

PYMNTS

APRIL 27, 2020

The key groups who will receive these payments include people who aren’t required to file tax returns, such as those who receive Social Security, Supplemental Security Income (SSI) and veterans’ affairs benefits. In addition, tax filers who have recently provided bank information to the IRS will get the payments.

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Taxes Security Payments Tools 257

PYMNTS

JANUARY 8, 2021

The Treasury Department said it set up a special website for EIP card information. Eligible taxpayers who didn’t receive their payment will need to claim it on their 2020 tax returns, CNBC reported. Some residents are receiving messages that they can only get their checks after filing their 2020 tax returns.

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Cards Taxes Payments How To 322

Perficient

DECEMBER 1, 2022

Tax season was approaching, and Jane, a Financial Advisor employed by Faux Advisors Group, wanted to target clients and prospects that would benefit from using tax-aware asset allocation (moving high-yield assets to a tax-deferred or exempt account to help decrease taxable income).

Taxes 294

Taxes Customer Experience Marketing Compliance 294

PYMNTS

APRIL 5, 2020

Online tax preparation service TurboTax has announced that it is rolling out a free, stimulus registration solution to assist people who are not required to file a tax return. who are not required to file taxes, and some 80 percent are eligible for a stimulus check. There are roughly 10 million people in the U.S.

Tools 227

Tools Taxes Payments Online 227

Perficient

OCTOBER 15, 2024

Banks process an astronomical amount of sensitive information daily—think trillions of transactions annually—and they need to manage that data efficiently and securely. Why is Data Governance Such a Big Deal? In the banking sector, data governance is more than just a compliance checkbox. It’s essential for survival.

Tools 221

Tools Data Compliance Regulation 221

Perficient

DECEMBER 8, 2020

Outfitted with disconnected information systems, a global food and beverage company wanted to implement Cloud Search across its enterprise, connecting file systems, databases, websites, IBM Portal, FileNet, Documentum, SaaS systems, ServiceNow, SharePoint, and more.

Google 493

Google Data Technology System 493

Abrigo

FEBRUARY 25, 2025

They often must consult paper files as well as information housed in separate digital systems. The speed advantage may be due to large banks greater use of automated lending technology, the FDIC said, although large banks increased reliance on hard credit-scoring information may also play a role.

Lending 195

Lending FDIC Policies Analysis 195

PYMNTS

OCTOBER 19, 2020

The new regulations would also reshape the manner in which these companies collect and harness information. OECD’s Tax Reform To Be Presented To G20. The OECD forecasted that the measures could bring in a further $100 billion in business tax revenues each year. . France Will Proceed With Controversial Digital Services Tax Plan.

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Taxes Compliance Regulation Google 143

PYMNTS

MAY 28, 2020

South Korea is pondering a modification to its tax law which could place taxes on cryptocurrencies. Though not much information is currently available, the new rules could impose restrictions on profitable sales of cryptocurrency and revenues gleaned from national crypto-mining projects, according to Cointelegraph.

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Taxes Bitcoin cryptocurrency blockchain 142

PYMNTS

DECEMBER 23, 2020

The case stems from an earlier order from CFPB based on finding that Discover had been misstating the minimum amounts due on billing statements along with tax info customers needed to help get federal income tax benefits. In addition, CFPB found that Discover had been engaging in illegal debt collection practices.

Taxes 285

Taxes Analysis Payments Report 285

Perficient

FEBRUARY 24, 2021

Do you use Vertex O Series and are looking for more information and guidance than what is included in the Vertex O Series help or documentation? If the videos do not provide you with enough information and you need additional specific assistance or expertise on Vertex O Series, please contact us at Perficient. You may be in luck!

Training 309

Training Resources Video Taxes 309

Abrigo

FEBRUARY 20, 2025

AI can extract information from tax returns and pull credit checks to speed up underwriting, which is good. The AI assistant obtains permission to access the customers credit information and provides an estimate of the potential loan amount and qualifying interest rate range. Take loan approval, for instance.

Strategy 195

Strategy Compliance Data Tools 195

Perficient

JANUARY 29, 2021

TCA is a centralized repository of Party information. TCA is designed to minimize duplicative party information. Once on Oracle Cloud, the TCA should be your single source of truth for your Party information. Have a meeting with the users of Supplier and Customer information. TCA stands for Trading Community Architecture.

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Data System Taxes Examples 322

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

DECEMBER 1, 2019

While a spokesperson for Zenefits told the publication that “Zenefits still has an integration with Gusto for payroll,” reports noted that the integration does not support the ability for small business accountants to onboard new employees, or make changes to existing employees’ bank and tax details, salaries or exemptions.

Security 204

Security Taxes Data Resources 204

Bank Innovation

NOVEMBER 19, 2019

The bank is tapping cloud banking vendor nCino to automatically pull information from tax returns when underwriting commercial loans. Gulf Coast Bank and Trust, a New Orleans-based bank with $1.7 billion in assets, is using automation technology to speed up loan approval times.

Taxes 199

Taxes Operations Management Technology 199

PYMNTS

SEPTEMBER 21, 2020

The GAO did note that the Internal Revenue Service (IRS) implemented several recommendations to make sure people got the payments, including extended deadlines for those who hadn’t filed an income tax return until Sept. However, the GAO still said the IRS had to update the information on how many people hadn’t seen their money yet.

Taxes 228

Taxes Survey Report Payments 228

BankBazaar

JULY 9, 2024

Amidst tax filing season, understanding the necessity of filing a NIL income tax return can save you from potential hassles and bring financial benefits. As tax season approaches, many people may wonder about the necessity of filing an income tax return (ITR) when their income falls below the taxable threshold.

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Taxes Compliance Regulation System 78

PYMNTS

JANUARY 3, 2021

T-Mobile has told some customers of a “security incident” in which a malicious party “may have impacted some of your T-Mobile account information.”. T-Mobile began informing customers of the incident on Dec. That incident, the company stated at the time, involved some of the same information that was compromised in the latest incident.

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Mobile Data Taxes Security 213

PYMNTS

DECEMBER 16, 2020

Indeed, payroll information was key to administering PPP loans to small- to medium-sized businesses (SMBs), and according to Finch Co-Founder and CEO Jeremy Zhang , it won't be the last time payroll data is used to optimize SMB lending. Today, he said he sees three key categories of use cases for this information.

Data 291

Data Lending Innovation Fintech 291

Bank Innovation

SEPTEMBER 10, 2019

Credijusto, a Mexican small business lender, is using data points like tax and invoice information to reach small businesses typically out of reach of large banks.

Taxes 170

Taxes Security Data Innovation Strategies 170

Perficient

NOVEMBER 4, 2020

Thinking about that loan package, tax returns and W2s are standard forms with standard layouts that change rarely. With these kinds of documents, we may not know where a piece of information may appear, or even if it is present. Nevertheless, we just want to extract the right information if we do find it.

Training 322

Training Data Tools Examples 322

Abrigo

DECEMBER 10, 2024

Prizes, sweepstakes, and lottery scams: In these scams, victims are told theyve won a prize or lottery but must pay fees or taxes upfront to claim their winnings. Online shopping scams: Fraudsters set up fake e-commerce sites that appear legitimate but are designed to steal the victim's payment information or sell non-existent products.

Fraud 195

Fraud Training Software social media 195

PYMNTS

JANUARY 25, 2021

In other news, in an attack on Indian cryptocurrency exchange BuyUCoin , hacker group ShinyHunters leaked the private information of over 325,000 users, Inc42 reported. The data leaked included names, email addresses, phone numbers, bank account details and tax ID numbers, the report stated.

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Bitcoin cryptocurrency Data National 261

PYMNTS

MAY 6, 2020

The tax services firm has developed a new tool on its website for the unbanked or underbanked, where users can register for one-time payments of their anticipated stimulus checks from the federal government. TurboTax is among the platforms seeking to make it easier for U.S.

Online 222

Online Taxes United States Industry 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

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. Smooth B2B operations depend on robust data gathering, but many companies rely on manual methods to collect information and complete supplier enrollment.

Data 166

Data Management Taxes Meeting 166

Perficient

MARCH 22, 2021

Utilizing a DCP architecture allows you to either completely separate concurrent processing from user UI activity or you could just move some of the taxing concurrent tasks to a separate node, isolating the more intense requests from standard user processing.

How To 309

How To Management System Taxes 309