MyIRSRelief

NOVEMBER 29, 2019

Every business that operates in the United States is responsible for reporting certain types of information to the government. One of the most important things that a business must report is certain tax information for employment payroll on a quarterly and annual basis. They are required by the IRS to report the amount of 941/940 employment payroll taxes that have been either withheld from employees or what they owe to the government.

payroll 140

payroll payroll tax Tax income tax 140

PYMNTS

NOVEMBER 27, 2019

The global payments ecosystem’s path to faster and real-time payments ubiquity is an evolution, not a revolution. That is to say, mass adoption will take time, and the factors driving that adoption will almost certainly continue to change and shift as end users’ needs do the same. Among corporates, there is an increasing demand that their global payment activity is able to keep up with the pace of doing business.

B2B 117

B2B payroll Technology Start-ups 117

Katz,Sapper&Miller

NOVEMBER 26, 2019

In the hustle and bustle of holiday activities, year-end business items can easily be forgotten. That’s why we’ve created a year-end checklist – to help you make the most of 2019 and keep your hospital as healthy as it can be.

Hospitality 64

Hospitality 64

PYMNTS

NOVEMBER 25, 2019

Printing company Vistaprint left an online database containing customer interactions unencrypted, according to a report. A security researcher named Oliver Hough discovered the unprotected database on Nov. 5. He reached out to the company but didn’t hear back. After the report was published, the company quietly took down the database. Vistaprint is owned by Cimpress, a company based in the Netherlands.

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Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem

Join us for an enlightening webinar as we delve into the transformative realm of modern accounting practices. In today's digital age, the convergence of outsourcing and automation has revolutionized how businesses manage their financial operations. In this webinar we will explore the synergistic potential of these two strategies to streamline processes, enhance accuracy, save cost and drive strategic decision-making.

Account

PYMNTS

NOVEMBER 25, 2019

Sweden-based Detectify, a crowd-based online security company that incentivizes “elite hackers” to help developers stay abreast of security issues, has raised €21 million in a funding round, according to a report. The funding round was led by London-based VC firm Balderton Capital, with participation by Paua Ventures, Insight Partners and Inventure.

B2B 99

B2B 99

PYMNTS

NOVEMBER 25, 2019

This past year has been difficult for Chinese banks, and the country’s central bank, People’s Bank Of China, said that about 13 percent of the country’s financial institutions were considered “high risk,” according to Bloomberg. . People’s Bank Of China ran a report — its 2019 China Financial Stability Report, published on Monday (Nov. 25) — and found that about 586 banks and financial institutions were highly risky, and in need of some sort of change.

Account 96

Account accountant accounted 96

PYMNTS

NOVEMBER 24, 2019

GoExpedi , an eCommerce, supply chain and analytics startup, has raised $25 million in Series B funding led by Top Tier Capital Partners. CSL Ventures, Crosslink Capital, Bowery Capital, Blue Bear Capital and other current investors also participated in the round. GoExpedi provides more than 200,000 critical parts and supplies, offering complete transparency on price, supplier choice and availability.

Transportation 92

Transportation Finance Technology B2B 92

PYMNTS

NOVEMBER 25, 2019

Nike is offering 3 percent cash back to Apple Card users when a Nike product is purchased using Apple Pay , TechCrunch reported Monday (Nov. 25). The deal applies to all Nike products when purchases are made using the Apple Card through the Nike website, retail stores, Nike Training Club and more. Nike joins Uber/Uber Eats, Walgreens/Duane Reade, and T-Mobile stores in offering the top-tier cash back of 3 percent.

Retail 91

Retail Sales 91

PYMNTS

NOVEMBER 27, 2019

Small businesses are a growing target for bank-FinTech collaborations and data integration initiatives as financial service providers explore new use cases for open banking. For small- to medium-sized businesses (SMBs) in particular, the growing population of back-office enterprise apps, forcing users to toggle between platforms and manually move data from one portal to another, is among the most popular scenarios in which data integrations can support more efficient operations.

accounting and finance 90

accounting and finance Finance B2B Account 90

PYMNTS

NOVEMBER 25, 2019

After using their accounts to log into specific Android apps downloaded from the Google Play store, Twitter and Facebook noted that the personal information of hundreds of users might have been accessed improperly. The tech firms received a report from researchers who came across the oneAudience software development kit (SDK) that provided third-party developers with access to personal information, CNBC reported.

Gaming 90

Gaming Account accountant accounted 90

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PYMNTS

NOVEMBER 25, 2019

Make sure to bring more than your appetite when you dine out in the 2020s, especially at a quick-service restaurant (QSR). You might end up ordering or paying with your face via facial recognition technology. Payments are changing so rapidly that they can sometimes be hard to keep up, and that certainly holds true for QSRs. In a new PYMNTS interview, Andrew Robbins, co-founder and president at Paytronix Systems Inc., discussed the emerging payments coming to the QSR world, and what’s on tap for

Technology 90

Technology 90

PYMNTS

NOVEMBER 26, 2019

Xoom , PayPal ’s international money transfer service, announced the launch of its bill pay service in Jamaica. Through a partnership with bill platform provider Paykii , customers in the U.S., U.K., Canada and 37 markets across Europe can now use Xoom’s money transfer service to pay electricity, telephone, internet, cable, mobile network, water, loan and insurance bills in Jamaica.

Bill Payment Platform 87

Bill Payment Platform Account accountant accounted 87

PYMNTS

NOVEMBER 27, 2019

In addressing the innovation gap that exists between credit unions and their larger financial institution (FI) brethren, credit unions (CUs) may be perceived to be at a disadvantage, at least when it comes to dollars. At first glance, that gap may seem insurmountable in the age of mobile banking , where technology is a vital component of financial services.

Gaming 86

Gaming Technology Account accountant 86

PYMNTS

NOVEMBER 26, 2019

More than half of the 3,114 counties in the U.S. lost bank branches between 2012 and 2017, with rural areas feeling the brunt of the closures, according to research from the Federal Reserve released on Monday (Nov. 25). . Rural communities with lower incomes or a higher percentage of minorities saw the most closures, losing 1,553 bank branches in 794 counties, a decline of 14 percent.

Maine 83

Maine 83

Speaker: James Kahler, COO of Full Course

Ever wondered where to splurge and where to safely conserve when it comes to operating and growing your restaurant? 🤔 Join James Kahler, COO of Full Course and industry visionary, in this new webinar where he'll talk all about best practices to invest in your restaurant's success! Whether you're a new business or an established restaurant, a seasoned pro or a rookie, you'll learn the keys to sustainable success in this competitive industry.

PYMNTS

NOVEMBER 26, 2019

A recent SEC filing revealed that two companies were aggressively bidding to buy Fitbit. Although multiple firms met with the company to talk about an acquisition, it was only Google and a mystery firm that ultimately came through with serious bids, CNBC reported. The identity of the other firm was not revealed, but the report noted that UnitedHealthcare and Fitbit already had a Motion wellness partnership program, while Amazon has been aggressively looking into the health-tracking wearable

Technology 79

Technology Start-ups Retail 79

PYMNTS

NOVEMBER 26, 2019

Entertainment streaming giant Netflix has taken over the lease of the iconic New York City movie theater, The Paris, and plans to use it for movie screenings, events and releases, the company said Monday (Nov. 25). The theater closed in August. “After 71 years, the Paris Theatre has an enduring legacy, and remains the destination for a one-of-a-kind movie-going experience,” said Ted Sarandos, Netflix’s chief content officer in a press release.

New York 77

New York Entertainment 77

PYMNTS

NOVEMBER 25, 2019

The wholesale car financing arm of JPMorgan Chase is putting together a plan to finance the creation of a blockchain-based automobile inventory system, The BlockCrypto reported on Friday (Nov. 22). The inventory system would digitize floor plan financing using the company’s patent-pending ledger-based floor planning methods. The plan also aims to bring greater efficiency to the commercial lending process.

Transportation 77

Transportation Manufacturing Finance audit 77

PYMNTS

NOVEMBER 24, 2019

JPMorgan’ s wholesale car financing arm has filed a patent application to use blockchain to track the automobile inventory it finances for car dealers. The application describes a distributed ledger-based version of floorplan lending, a revolving line of credit that allows car dealers to borrow against their retail inventory. The bank wants to tie each car’s individual vehicle identity number (VIN) to a blockchain that can get rid of any inefficiencies when it comes to auditing a dealer’s invent

accounting and finance 82

accounting and finance audit Finance Manufacturing 82

Speaker: Jamie Eagan

As organizations strive for agility and efficiency, it's imperative for finance leaders to embrace innovative technologies and redefine traditional processes. Join us as we explore the pivotal role of digitalization and automation in reshaping what is commonly referred to as the “last mile of reporting”. We’ll deep-dive into why digitalization is no longer a choice, but a necessity for finance departments to stay competitive in a fast-paced environment touching on: 2024 trends for the Office of

Technology

PYMNTS

NOVEMBER 26, 2019

The Prudential Regulation Authority (PRA), the supervisory arm of the Bank of England (BoE), has fined Citigroup a record-breaking $56.3 million for not completing accurate returns between 2014 and 2018, according to a report by Reuters. The regulator said the data it received from Citigroup was not acceptable, and the way the bank handled the reporting processes was not effective.

audit 76

audit Government Account accountant 76

PYMNTS

NOVEMBER 24, 2019

A recent data breach exposed the personal data of more than 1 million prepaid T-Mobile customers, reports said on Friday (Nov. 22). The information exposed did not include any financial information, social security numbers or password data. The cyber thief got users’ names, billing addresses, phone numbers, account numbers and plan information. Data about rates and features are considered customer proprietary network information (CPNI).

Account 81

Account accountant accounted 81

PYMNTS

NOVEMBER 27, 2019

China’s Alibaba affiliate Ant Financial is drumming up $1 billion to fund startups in Southeast Asia and India, Bloomberg reported on Tuesday (Nov. 26) citing a source. Jack Ma’s FinTech firm has its eye on new companies in emerging markets that focus on payments and online financing, the source said, confirming a DealStreet Asia report. . At the Beijing 2019 Global Young Entrepreneurs Conference on Tuesday, Ji Gang, vice president of Ant Financial, told those in attendance that his company was

B2B 75

B2B Finance 75

PYMNTS

NOVEMBER 25, 2019

India’s mobile payments startup Paytm said on Monday (Nov. 25) that it secured $1 billion in new funds from Japan’s SoftBank and China’s Alibaba affiliate Ant, The New York Times (NYT) reported, citing a source. The deal values Paytm’s parent company, One97 Communications , at $16 billion. Other investors include Discovery Capital and T. Rowe Price.

New York 74

New York Account accountant accounted 74

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Finance

PYMNTS

NOVEMBER 26, 2019

Lithuania wants to become a global FinTech powerhouse. In recent years, the market has gone from one struggling with high financial illiteracy and limited card acceptance, to a bright spot in Europe for FinTech innovation. Regulation is perhaps the strongest driver of Lithuania’s FinTech-friendly environment. Particularly amid the continuing uncertainty surrounding Brexit, FinTechs are turning to Lithuania to retain their European footholds and operate in a country that supports their innovative

Finance 73

Finance Technology B2B 73

PYMNTS

NOVEMBER 24, 2019

A source told Reuters on Sunday (Nov. 24) that Amazon is opening a store on the Chinese eCommerce site Pinduoduo. . Amazon closed its marketplace in China in July after realizing it could not compete with rivals like Alibaba’s Tmall marketplace and JD.com. Although Alibaba and JD.com usually lead China’s eCommerce market, the four-year-old Pinduoduo is “popular with China’s lower-tier city residents.

Retail 72

Retail 72

PYMNTS

NOVEMBER 26, 2019

Nigerian startup uLesson has raised a $3.1 million seed round led by TLcom Capital. Founded this year by Sim Shagaya, uLesson is working to lesson educational gaps in the region by integrating mobile platforms, SD cards, cultural curriculum and a network of tutors. The company is headquartered in Lagos with a production studio in Jos. It is currently in the development phase and plans to launch in February 2020 in Nigeria, Ghana, Sierra Leone and Gambia.

Education 71

Education Government B2B 71

PYMNTS

NOVEMBER 25, 2019

Amazon Web Services (AWS) announced on Monday (Nov. 25) the launch of Amazon Rekognition Custom Labels, a new feature allowing customers to train their custom model to identify database and inventory items. In a blog post , Anushri Mainthia, senior product manager on the Amazon Rekognition team and product lead for Amazon Rekognition Custom Labels, explained that Rekognition users will be able to train a model using a small set of labeled images to detect items in an inventory without any machin

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70

Advertiser: Paycor

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PYMNTS

NOVEMBER 29, 2019

In the land of startups, speed matters. Scale matters. Funding matters. But the other nuts and bolts of running a business require attention, too. That includes insurance, which of course protects against the unexpected and unplanned events that occur while running a business. Vouch Insurance , which offers insurance to high-growth technology firms through an online platform, said last week that it has raised $45 million in a funding round, and has expanded its service into California.

Technology 76

Technology California Healthcare B2B 76

PYMNTS

NOVEMBER 28, 2019

Crypto-based donations are taking center stage this holiday season with #BitcoinTuesday. The event on Dec. 3 is a take on GivingTuesday, which allows people to make donations to charities. The event launched in 2012 and raised around $400 million in the U.S. last year. Now the Giving Block , a for-profit firm founded in 2018, is in charge of this year’s crypto Giving Tuesday with #BitcoinTuesday.

Finance 70

Finance 70

PYMNTS

NOVEMBER 25, 2019

Shifting away from paper-based accounts payable (AP) practices could be a game-changer for many organizations. AP professionals must first be willing to take the first step to embrace automation, but some firms are wavering over whether they are prepared to do so. Many AP professionals who are holding out on investing in automation are unsure of what kind of return on investment (ROI) these services can offer.

AP Automation 70

AP Automation Technology accounts payable AP Processes 70

PYMNTS

NOVEMBER 26, 2019

Mastercard has announced that it will refund cardholders up to $10 off their cab rides, every Tuesday through the end of the year (including New Year’s Eve and Day), in yellow or green taxis equipped with Curb Mobility or CMT technology systems in New York City. In addition, the company is bringing back its Fareback Friday program for the holiday season so that cardholders who tap and pay for their subway rides will get a refund on their fare.

New York 70

New York Technology 70

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"Offer payroll and do it yourself,” they said. “It’ll be fun!” Spoiler alert: It was not fun. Most CPA firms know that they need to offer payroll services to their clients or risk losing them to another firm that will. However, many don’t really want to. It is often time-consuming and complex due to changing tax laws and regulations, and with the growing staffing shortages, most just don’t have the resources.

cpa firm