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News

Global Payments Completes Merger with TSYS, Creating Preeminent Technology-Enabled Payments Company

September 18, 2019 -ATLANTA--Global Payments Inc. (NYSE: GPN), a leading worldwide provider of payments technology and software solutions, announced today...

September 18, 2019 OREM, UT--83% of executives see value in digital technology solutions for increasing overall visibility into performance metrics; 62% believe it...

Avalara Announces 22 Newly Certified Integrations into Business Applications

September 18, 2019 SEATTLE--Avalara, Inc. (NYSE:AVLR), a leading provider of cloud-based tax compliance automation for businesses of all sizes, today announced...

Snow Software Delivers Automated Compliance for Oracle to Help Enterprises Optimize Technology Spend

September 17, 2019 STOCKHOLM & AUSTIN, TX--New offering simplifies Oracle license management and mitigates audit risk by providing customers with...

Treasury, IRS Release Final and Proposed Regulations on New 100% Depreciation

September 13, 2019 WASHINGTON--The Treasury Department and the Internal Revenue Service today released final regulations and additional proposed...

September 10, 2019 - New ACI Worldwide and Ovum global Culture of Innovation Index explores approach to innovation and business transformation...

September 10, 2019 - New process automation capabilities simplify the user experience, facilitate efficiency and provide transparency into billing and invoicing...

Verint Expands Leadership with New Customers Adopting Advanced Fraud and Security Technologies

September 10, 2019 - More than 2,300 Banks and Credit Unions in the Americas Trust Verint to Reduce Fraud and Enhance Security Operations. Verint...

The Canadian Payments Landscape: Forecasts Through 2019-2024 - ResearchAndMarkets.com

September 10, 2019 - The "Canadian Payments Forecast, 2019" report has been added to ResearchAndMarkets.com's offering. The Canadian payments...

Kabbage Acquires Radius Intelligence, Adding Insights from Over 20 Million Small Businesses to Its Platform

September 3, 2019 - Kabbage entered into an agreement to acquire assets of Radius Intelligence, a leading small-business data platform. The purchase...

Security Summit Warns of New IRS Impersonation Email Scam; Reminds Taxpayers the IRS Does Not Send Unsolicited Emails

August 22, 2019 - WASHINGTON--The Internal Revenue Service and its Security Summit partners today warned taxpayers and tax professionals about...

Mastercard is Assembling its Own Cryptocurrency Team

August 17, 2019 - Big payment companies face revolutionary pressures from the development of digital money. Mastercard, which is partnered...

Travel and Entertainment Cards Market: Procurement Intelligence, Market Size, Cost-Saving Opportunities, Supply Market Forecasts, Cost Drivers, Trends, Category Management Insights Now Available from SpendEdge

August 8, 2019 - LONDON--SpendEdge, a global procurement market intelligence firm, has announced the release of its Global Travel and Entertainment...

A Con Man Stole $700,000 from a Florida City. Officials Found Out Three Weeks Later.

August 7, 2019 - The City of Naples didn’t realize it had paid a conman $700,000 until three weeks later. But Naples “financial reserves are strong”...

From Lunch With Oligarchs to Working With Debarred Suppliers, AppZen’s State of AI in Spend Auditing Report Sheds Light on Business Spend

August 7, 2019 - SAN JOSE, CA--Enterprises that use AI to audit expenses, contracts, and invoices find errors, fraud, and compliance snafus-- AppZen ...

IRS Launches New Tax Withholding Estimator; Redesigned Online Tool Makes It Easier to Do a Paycheck Checkup

August 6, 2019 - WASHINGTON--The Internal Revenue Service today launched the new Tax Withholding Estimator, an expanded, mobile-friendly online tool...

Basware Adds Integration & Further Automation Capabilities to Procurement Solution, Purchase Manager

July 26, 2019 - FORT MILL, SC--Release 19.6 delivers a record-breaking uptime of 99.997%--Basware (Nasdaq: BAS1V) , the global leader in networked...

Visa and J.P. Morgan Help Businesses Make Payments Faster with Billtrust’s Business Payments Network

July 31, 2019 - SAN FRANCISCO & LAWRENCEVILLE, NJ-- Participating J.P. Morgan Commercial Card clients will be able to deliver electronic B2B...

Capital One Target of Massive Data Breach

July 30, 2019 - SEATTLE--A hacker gained access to personal information from more than 100 million Capital One credit applications, the bank said...

EEOC Opens Calendar Years 2017 and 2018 Pay Data Collection

July 15, 2019 - WASHINGTON--The U.S. Equal Employment Opportunity Commission (EEOC) today opened a Web-based portal for the collection of pay and...

Vesta Appoints Former Mastercard Executive as CEO

July 11, 2019 - LAKE OSWEGO, OR--Ron Hynes to Lead Growth in E-commerce Fraud Prevention and Approval Enhancement Solutions-- Vesta , a pioneer...

Mastercard and Zoho Expand Access to Tools to Help Small Business Owners Around the World Thrive

July 11, 2019 - PURCHASE, NY--Robust solution suite offers resources to help small businesses increase efficiency and grow faster--Mastercard today...

Thunder Bridge Acquisition, Ltd. Completes Business Combination With REPAY

July 11, 2019 - ATLANTA--Combined Company Renamed Repay Holdings Corporation and Will Trade on the Nasdaq Stock Market--Repay Holdings, LLC...

SpotOn Extends Partnership with TSYS to Expand Payments Capabilities to Merchants

July 9, 2019 - SAN FRANCISCO--Agreement Enables SpotOn to Provide a Best-in-Class Customer Experience-- SpotOn Transact, LLC   (“SpotOn”), an...

Citi® Payment Outlier Detection Launches in 90 Countries

July, 9, 2019 - NEW YORK--New Solution uses Artificial Intelligence and Machine Learning to Identify Outlier Payments-- Citi ®’ s Payment Outlier...

IRS, Security Summit partners urge tax professionals to review their practices, enhance safeguards to protect taxpayer data

July 9, 2019 - WASHINGTON--Leaders from the IRS, state tax agencies and the tax industry today called on tax professionals nationwide to take time...

Tulsa Man Pleads Guilty to Payroll Tax Fraud

July 8, 2019 - Failed to Pay IRS Over $1 Million in Employment Taxes and Employee Withholdings-- A computer software development company owner pleaded ...

Email Scammers Bilk Griffin, Georgia, for $800k

July 5, 2019 - An official in Griffin, Georgia’s finance department wired more than $800,000 to scammers, following instructions he believed had...

Taxpayers Should Be on the Lookout for New Versions of These Two Scams

July 2, 2019 - IRS Tax Tips--With scam artists hard at work all year, taxpayers should be on the lookout for a surge of evolving phishing emails and...

Basware Exceeds the Scoring Benchmark in Industry Ranking

July 2, 2019 - ESPOO, FINLAND--One of Only Three Vendors to Rank at the Top, Based on Analyst & Customer Scoring-- Basware   (Nasdaq: BAS1V)...

Latest Supplier Sentiment Survey by Taulia Finds 62% of Suppliers Now Looking for Early Payment – up From 54% In 2016

June 27, 2019 - SAN FRANCISCO--Over 62% of suppliers are interested in receiving early payment from their customers, up from 54% in 2016, according...

APS Audit Finds Potential for Fraud in Purchasing

June, 26, 2019 - ATLANTA, GA--Atlanta Public Schools is open to fraud and abuse because of a lack of controls in its purchasing process, an internal...

Capital One to Acquire Portland Credit Services Provider BlueTarp Financial

June 21, 2019 - BlueTarp Financial, a business-to-business credit services provider based in Portland, is being acquired by banking industry giant Capital...

Bottomline Technologies Powers Real-time Payment Innovation through Partnership with Starling

June 17, 2019 - LONDON, UK--Customers get an easier, cost effective way to process 24x7 real-time payments-- Bottomline Technologies (NASDAQ:EPAY)...

Walmart Outsourcing Undetermined Number of Jobs at Charlotte Facility

June 13, 2019 - CHARLOTTE, NC--An undetermined number of jobs at a Walmart facility in Charlotte are being outsourced, according to the company...

AccuFund Partners with Gray CPA Consulting to Deliver the AccuFund Financial/ERP Management System in Texas and Louisiana

June 12, 2019 - NEEDHAM, MA--AccuFund Broadens Southern U.S. Market Reach for its AccuFund Accounting Suite with Addition of New Certified ...

Billtrust Partners with Comdata as Business Payments Network Continues to Scale

June 12, 2019 - LAWRENCEVILLE, NJ--Alliance Extends Network’s Ability to Deliver Digital Payments to Suppliers  on Behalf of Comdata’s Buyers--...

Overwhelming Number of Internet Users now Fear Becoming a Victim of Identity Theft and Account Takeover -- and Most are Right

May 29, 2019 - HELSINKI, FINLAND--F-Secure to launch a new service to protect against identity theft during 2019--As massive data breaches continue...

Audit Finds Closer Watch Needed on APS Purchasing Cards

May 15, 2019 - An internal audit found Atlanta Public Schools employees spent nearly $20 million over two years using district-issued purchasing cards...

Metafile Information Systems and ACOM Solutions form Strategic Partnership

May 1, 2019 - ROCHESTER, MN--Metafile Information Systems and ACOM Solutions launch new, fully automated accounts payable invoice-through-payment solution...

NASA Investigation Uncovers Supplier Fraud That Cost the Agency $700 Million

May 1, 2019 - A NASA investigation has identified faulty materials as the cause of two launch failures that cost the agency more than $700 million...

AFP 2019: Payments Track to Focus on Real-Time, Operations

April 16, 2019 - This November, AFP 2019 is the place to be for treasury and finance professionals looking for great payments content. This year’s...

City Treasurer Tricked Into Wiring $100K US to Fraudster

April 9, 2019 - City treasurer Marian Simulik fell for a "fake CEO scam" and wired more than $100,000 to a fraudster last summer, according to a startling...

Microsoft Dynamics Users Drowning in Paper in Accounts Payable Operations

March 14, 2018 - NEW YORK--Survey Shows Low Levels of AP Automation Among Dynamics ERP Users, Making AP More Tactical, Less Strategic than Peers--...

NICE Robotic Automation Expands Partnership with ABBYY, Offering the Most Comprehensive End to End Digitization of Business Processes

March 4, 2019 - HOBOKEN, NJ--Integration enables expansive automation of unstructured data and scanned documentation with NEVA as well as NICE's unattended...

2019 Standard Mileage Rates for Business, Medical, and Moving Announced

December 18, 2018 - The Internal Revenue Service (IRS) has released its 2019 standard mileage rates to use when calculating deductible costs of...

It Pays to Cook the Books – Even When You Get Caught

October 25, 2018 - NEW YORK-- New Columbia Business School study finds that 26 percent of perpetrators of financial reporting misconduct – largely...

Wolters Kluwer Empowers Tax & Accounting Firms to Proactively Engage Clients Through Intelligent Predictive Analytics with CCH Axcess iQ

October 23, 2018 - MIAMI--Empowering Professionals to Take Advantage of Automation to Focus on Strategic Advisory Services-- In today’s world...

Dangerous W-2 Phishing Scam Evolving: Targeting Schools, Restaurants, Hospitals, Tribal Groups and Others