PYMNTS

OCTOBER 24, 2019

HRS CEO Tobias Ragge said in the announcement, “As we’ve piloted with integrated hotel payment solutions around the world in recent years, the program compliance metrics are clear.” He continued, “When our clients use our payment solutions, we’ve seen hotel compliance rise by on average 23 percent.

Compliance 40

Compliance Auditing Invoicing eCommerce 40

PYMNTS

DECEMBER 11, 2020

Backers placed the spotlight on everything from B2B eCommerce, to supply chain optimization, to Banking-as-a-Service, but human resources and payroll landed in the top spot in this week's VC roundup. The company supports the full purchasing cycle with invoice integration and compliance auditing capabilities. Procurement Partners.

B2B 77

B2B eCommerce Banking Healthcare 77

PYMNTS

OCTOBER 5, 2020

Cybercriminals deploy a variety of tactics to process their ill-gotten gains, ranging from techniques as basic as exchanging gift cards to ones as advanced as setting up fake eCommerce storefronts. Two-thirds of customers also felt that companies’ account security measures were subpar. Developments Around The AML/KYC Space.

Compliance 56

Compliance Prioritization eCommerce Leverage 56

PYMNTS

SEPTEMBER 4, 2019

Since 1992, when eCommerce was still in its infancy, online retailers have not had to collect sales tax. The latest Next-Gen Sales Tax Tracker explores the complexities and challenges of compliance for different business models. States can now tax sales by companies that do not have a physical presence within the state.

Sales 51

Sales eCommerce Compliance Economics 51

PYMNTS

JUNE 10, 2020

News emerged Wednesday (June 10) that the unit isn’t taking any more applications for savings accounts because demand has been so high that the volume is pushing against U.K. However, British consumers can still open Marcus one-year fixed-rate accounts. Well, Goldman recently cut the rate on its high-yield savings accounts to about 1.3

Accounting 52

Accounting Benchmarking Compliance Banking 52

PYMNTS

APRIL 30, 2020

The international eCommerce market grew to $412 billion by the end of 2019 — a 4 percent improvement over the previous year. Buyers used local payment methods for 77 percent of worldwide eCommerce in 2019, and that figure is projected to reach 82 percent by 2024. Cards can be critical to serving the U.K.

eCommerce 52

eCommerce Invoicing Compliance Communication 52

PYMNTS

MAY 2, 2017

It’s on the rise in the eCommerce arena, according to data released from omnichannel commerce technology and operations company Radial’s eCommerce Fraud Technology Lab. Credit card testing means that stolen credit card numbers are tested with small purchases to ensure the account is valid prior to a larger purchases.

eCommerce 60

eCommerce Entertainment Auditing Retail 60

PYMNTS

OCTOBER 4, 2019

million in the B2B eCommerce startup, MENAbytes reports said. Funds and accounts advised by T. With more than half a billion dollars in new funding, India-based B2B eCommerce startup Udaan takes the lead in this week’s B2B venture capital roundup. Clix Capital launched after acquiring assets from GE Capital, reports noted.

B2B 51

B2B eCommerce Startups Foreign Exchange 51

PYMNTS

OCTOBER 24, 2019

The dispute continues over exactly what kinds of companies and activities qualify for new eCommerce sales taxes. The latter state’s Department of Revenue sued Amazon on allegations that the eCommerce giant should have been paying taxes on remote merchants’ sales facilitated over its marketplace, and the agency demanded back taxes.

eCommerce 40

eCommerce Sales Economics Retail 40

PYMNTS

DECEMBER 29, 2020

With digital transactions and eCommerce soaring during the pandemic, the rate of increasingly sophisticated fraud has also risen. With it, financial institutions need to strengthen their compliance to mitigate the risk of running afoul of the law. Complex Compliance. Assumptions Of Readiness.

Compliance 108

Compliance Prioritization Securities Banking 108

PYMNTS

NOVEMBER 10, 2020

Formal antitrust charges against Amazon will be announced by EU competition commissioner Margrethe Vestager over how the eCommerce giant handles data from the merchants on its platform, according to a Financial Times (FT) report citing sources. A settlement could give residents with Facebook accounts payouts of $200 to $400.

Compliance 74

Compliance eCommerce Retail Accounting 74

PYMNTS

SEPTEMBER 28, 2020

Developers who are not in compliance will be urged to update their apps to bring them in line.” As app developers have gone at it of late with Apple and Google over what many feel are unfair demands pertaining to in-app payments, Google is holding its ground. Facebook Faces Facial Biometrics Lawsuit.

Compliance 64

Compliance Tax Planning Construction eCommerce 64

PYMNTS

JULY 28, 2020

Many shoppers who make purchases online rely on eCommerce marketplaces to discover items and connect with trusted sellers. Fifty-eight percent of worldwide eCommerce transactions were made using these platforms in 2018, for example, and consumers have since become even more accustomed to them. Domestic Seller Currencies.

Marketing 63

Marketing Currencies eCommerce Compliance 63

PYMNTS

DECEMBER 2, 2020

At a time when COVID-19 has seen global eCommerce and digital traffic grow by nearly 70 percent, security experts have braced for a commensurate surge in online fraud as the holiday shopping season continues. He said “friction” is no longer the “F-word” of the eCommerce world. Compliance Amid COVID-19. That's huge.

eCommerce 86

eCommerce Compliance Securities Healthcare 86

PYMNTS

SEPTEMBER 18, 2020

Paytm, India’s eCommerce payment platform, was removed from Google’s Play Store after the global technology company alleged Paytm violated Google’s gambling policies, India.com reported , but the app was later reinstated. “We We assure all our users that their balances and linked accounts are 100 percent safe.

Advertising 82

Advertising Compliance eCommerce Accounting 82

PYMNTS

SEPTEMBER 15, 2020

Rising eCommerce volumes and an embrace of the direct-to-consumer (D2C) sales model has led merchants to shift their own payment strategies — and seek out banking providers that can address those changing needs. A Single Digital EU Market. That framework can be applied to merchants' payment solution providers, too. “To

B2B 119

B2B Risk Management Compliance Prioritization 119

PYMNTS

OCTOBER 12, 2020

Compliance Is Key. For example, when they see a company has hired a new CFO, they will impersonate that person to a colleague in accounting who has access to company bank accounts and will request a payment to a fake vendor ASAP to an offshore bank account that’s untraceable,” Whitney said.

B2B 83

B2B Securities eCommerce Healthcare 83

PYMNTS

AUGUST 13, 2020

PAAY has rolled out a partner platform to let merchants and payment providers implement and track EMV 3DS, a standard that aims to help prevent unauthorized card-not-present (CNP) transactions, throughout different merchant accounts.

Technology 99

Technology Compliance Retail eCommerce 99

PYMNTS

JUNE 24, 2020

As we learn in PYMNTS’ inaugural June 2020 Payments Orchestration Playbook , done in collaboration with Spreedly , “The international eCommerce market presents myriad opportunities for growth, and the COVID-19 pandemic has amplified global demand for digital ways to shop and pay. Analysis, Compliance, Speed.

Compliance 52

Compliance eCommerce Marketing Sales 52

PYMNTS

AUGUST 23, 2019

Emma Waddell will join the company as vice president of financial services compliance, while Joe Rodriguez will serve as lead counsel of financial services, per news from the retailer. “As Waddell will provide support and guidance to financial services compliance leaders across all of the company’s operating markets, including Walmart U.S.,

Compliance 59

Compliance Leadership Retail Economics 59

PYMNTS

AUGUST 13, 2019

The platform connects banks to the company’s Smart Onboarding Engine to streamline KYC , anti-money laundering (AML) and other compliance checks when onboarding new clients. The solution also includes a range of APIs that connect to third-party data sources. small business customers to ezbob’s financing services.

Compliance 43

Compliance eCommerce Banking Finance 43

PYMNTS

JANUARY 14, 2019

Africa as next great eCommerce frontier? There’s also a technology boom, which comes as the continent, in Nazir’s words, “leapfrogged over the landline and over the computer, and straight to the smartphone and, now, into mobile money over bank accounts. Consider the fact that eCommerce generated $16.5

eCommerce 85

eCommerce Foreign Exchange Accounting Banking 85

PYMNTS

FEBRUARY 10, 2020

. “The real-time integration of SnapPay with the SAP solution is enhancing our process efficiency, reducing our overall cost of doing business and simplifying payment card industry compliance,” said Daoud Ali, IT executive director of Brewster. The solution also computerizes corporate treasury operations.

SAP 67

SAP B2B Accounts Payable B2C 67

PYMNTS

DECEMBER 23, 2020

To that end, Luke Evans , director of account management and Peter Mollins , vice president of marketing at Spreedly , said "payments orchestration" can mean the difference between a merchant’s getting those digital goods to end users and allowing them to pay instantly, or losing the sale entirely. Turning On A Dime.

Sales 109

Sales eCommerce Education Compliance 109

PYMNTS

APRIL 26, 2019

The company also said digital accounts can be used to activate and tokenize other digital accounts across various mobile pay wallets. Bitcoin , through the lightning network, will soon be available as an option to pay on Amazon and other eCommerce sites. PayPal Eyes Credit to Monetize Venmo. Fun, Odd and Edgy.

B2B 70

B2B Compliance B2C Currencies 70

PYMNTS

DECEMBER 2, 2020

Credit Sesame will be using Trulioo GlobalGateway in order to provide identity checks on users, helping to ensure legal and regulatory compliance, the release stated. Trulioo's tech helps to make sure Credit Sesame's work is "effective and compliant," according to the release. That program helps to boost customers' credit scores.

Compliance 56

Compliance eCommerce Securities Accounting 56

PYMNTS

NOVEMBER 4, 2020

The ledger, tied to blockchain, allows banks to exchange data about payments, resolve compliance inquiries and validate accounts. Permissioned blockchains like Liink are more readily scalable to expand and include large eCommerce companies or even enterprise resource planning (ERP) platforms. Liink, J.P.

Healthcare 131

Healthcare Compliance Currencies Banking 131

PYMNTS

JULY 17, 2019

The cost of compliance has also been a potential barrier for many merchants, which has motivated some to partner with third parties to meet compliance regulations. based eCommerce marketplace OnBuy is partnering with players like PayPal. For example, U.K.-based

Retail 65

Retail Compliance Education eCommerce 65

PYMNTS

OCTOBER 19, 2020

France will proceed with intentions to gather its controversial digital services tax in the middle of December, Accounting Today reported. France Will Proceed With Controversial Digital Services Tax Plan. Spain’s Senate Approves “Google Tax” On Digital Services.

Tax Planning 57

Tax Planning Compliance Planning Economics 57

PYMNTS

DECEMBER 19, 2019

For eCommerce firms targeting emerging markets, the opportunities are vast, as millions of consumers continue to go online to buy, and eCommerce sales soar by double-digit percentages. But to tap into that potential, eCommerce firms, global though they may be, must address new markets with a local mindset.

eCommerce 52

eCommerce Currencies Compliance Sales 52

PYMNTS

OCTOBER 16, 2020

Venture capital funding landed at startups focused on accounts payable (AP) and cybersecurity this week — with one payables startup raising $23 million in funding. Venture capital funding landed at accounts payable (AP) and cybersecurity technology firms, among other innovators that raised money this week. million (about $14.86

B2B 69

B2B Accounts Payable Management Consulting Startups 69

PYMNTS

JANUARY 30, 2019

GDC, for instance, started out with a solution set for know your customer (KYC) in an eCommerce use case where the company was conducting high-velocity ID verification. Then the first money laundering directives came out, which started to mandate more and more in the realm of customer due diligence, so the company added a compliance check.

Foreign Exchange 74

Foreign Exchange Compliance Startups Currencies 74

PYMNTS

AUGUST 18, 2017

Further adding to that complexity is the fact that enterprises today operate on the global stage since eCommerce makes it easier than ever to sell across borders. Israch said that tasks as far ranging as supplier management, invoice processing and regulatory compliance can be managed through Tiaplti’s AP Hub. and overseas.”.

Accounts Payable 46

Accounts Payable Invoicing Compliance Auditing 46

PYMNTS

JUNE 12, 2018

B2B eCommerce software provider OroCommerce is integrating payments capabilities into its platform through a new collaboration with Limonetik. “Our B2B eCommerce platform is a guarantee of performance and ease-of-use. “Thanks to this all-in-one solution, which combines the advantages of the Oro platform (i.e.

B2B 53

B2B Reconciliations eCommerce Compliance 53

PYMNTS

OCTOBER 9, 2018

Amazon India has denied favoring select Amazon merchants and brands after a complaint was issued against the eCommerce company by an Indian lobby group. The eCommerce giant has been carefully plotting its growth in India. It is expected to reach $70 billion in GMV and $11 billion in net sales by 2027.

Advertising 60

Advertising eCommerce Compliance Sales 60

PYMNTS

SEPTEMBER 8, 2020

The eCommerce giant indicated that it would add the 2 percent cost on to Fulfillment by Amazon (FBA) fees, monthly FBA storage charges, referral fees and multichannel fulfillment charges. But Apple countered by closing the developer’s account last week, preventing the company from revising Fortnite within the App store.

Compliance 52

Compliance Advertising Invoicing Sales 52

PYMNTS

NOVEMBER 19, 2020

That includes advancements in Canada's upcoming Real-Time Rail, as well as adoption by Transcard of Mastercard's Track Business Payment Service to facilitate real-time, account-to-account transfers for businesses. Plus, blockchain makes new inroads in the B2B arena. Canada Taps Vocalink for Real-Time Rail.

B2B 104

B2B Reconciliations Risk Management Compliance 104