Compliance/page/10 news and trends

Report: Block Faces DOJ Probe Over Alleged Compliance Lapses
Regulation // May 01, 2024

Block, owner of Cash App and Square, is reportedly facing a Department of Justice investigation. Federal prosecutors are in discussions with an ex-employee about allegations of widespread compliance failures at Cash App and Square going back years, NBC News reported Wednesday (May 1), citing unnamed sources. “From the ground up, everything in the compliance...

Sovos Adds Indirect Tax Solution for Global Enterprises
Taxes // April 30, 2024

Sovos has launched a solution designed to modernize how companies meet global indirect tax obligations. The new Indirect Tax Suite is part of the Sovos Compliance Cloud and helps enterprises manage all their indirect tax obligations with governments, buyers, suppliers and consumers, the provider of compliance solutions said...

How Fortune 500 CFOs Are Turning Cross-Border Compliance Into a Growth Engine
Business // April 29, 2024

Nothing dulls the enterprise risk appetite like uncertainty. And for today’s businesses, the focus remains on navigating the threats of recession, cybersecurity risks and pressure to demonstrate sustainable profitability. But mitigating risk doesn’t have to mean abandoning growth opportunities — it just means that investments...

Thredd CEO: Compliance Will Define Future of Payments
Payments Innovation // April 25, 2024

Whenever you see a successful business, someone once made a courageous decision. That quote, by management consultant Peter F. Drucker, holds more true today than ever before — particularly given the shifting dynamics and challenges of the contemporary macro operating environment, where courageous and agile...

Interviews & Exclusives
Thredd CEO: Compliance Will Define Future of Payments

April 25, 2024
Whenever you see a successful business, someone once made a courageous decision. That quote, by management consultant Peter F. Drucker, holds more true today than ever before — particularly given the shifting dynamics and challenges of the contemporary macro operating environment, where courageous and agile decisions are the life blood of business success. “The FinTech […]

Closing the Books on the Global Challenge of X-Border Accounting

February 06, 2024
One of the biggest challenges to account for in cross-border payments is, well, the accounting. It’s a silent but often deadly snarl that can tangle up business’ plans to tap...

Platforms and the Cloud Help Enterprises Achieve ‘Continuous’ Tax Compliance

January 16, 2024
It’s 2024 and, yes, the year is only a few weeks old. When it comes to tax compliance, Sovos CEO Kevin Akeroyd said as more companies do business across borders,...

Companies Need to Be ‘Adaptive’ and ‘Curious’ in 2024 as Regulations Loom

October 27, 2023
Kathryn McCall, chief legal and compliance officer at Trustly, said that as 2023 gives way to 2024, there are a few simple truths governing payments. With the continued emergence of...

Quick Reads
Report: Block Faces DOJ Probe Over Alleged Compliance Lapses

May 01, 2024
Block, owner of Cash App and Square, is reportedly facing a Department of Justice investigation. Federal prosecutors are in discussions with an ex-employee about allegations of widespread compliance failures at Cash App and Square going back years, NBC News reported Wednesday (May 1), citing unnamed sources. “From the ground up, everything in the compliance section was flawed,” the former employee said, per the report. […]

Sovos Adds Indirect Tax Solution for Global Enterprises

April 30, 2024
Sovos has launched a solution designed to modernize how companies meet global indirect tax obligations. The new Indirect Tax Suite is part of the Sovos Compliance Cloud and helps enterprises manage all their...

Sovos Enhances Partner Network Amid Demand for Tax Compliance Services

April 15, 2024
Compliance company Sovos has enhanced its Sovos Partner Network program to make it easier for partners to access new opportunities in technology, revenue and marketing. The program centers on the...

Compliance Officers Say Crypto Industry Can Learn From Exchanges’ Settlements

April 10, 2024
The cryptocurrency industry can learn lessons from the settlements three crypto exchanges reached with regulators. So said the chief compliance officers of Binance, Coinbase and Kraken while speaking Wednesday (April 10)...