Remove 2021 Remove Computation Remove Deposits
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What is ACH Fraud and How to Combat It

MineralTree

The State of ACH Fraud Today 71% of organizations were victims of payment fraud attacks or attempts in 2021. In 2021, 68% of organizations were targeted with a BEC scam. Moreover, 41% of organizations noted that ACH and wire transfer payments were targets of BEC scams in 2021. Although the code for ZeuS 2.0.8.9

AP 52
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Make Electronic Payments Simpler: All you need to know

Nanonets

 The World Bank reports that two-thirds of adults worldwide make or receive a digital payment today, with the share in developing economies growing from 35% in 2014 to 57% in 2021. Efficiency: ePayment systems do not require waiting in long queues in ATMs and banks to withdraw cash or deposit checks.  

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When Time-Based Pricing Works (Or Does It?)

Cloud Accounting Podcast

Blake Oliver: [00:21:59] So, all this real-time deposits thing is getting bigger and bigger because we were just talking about this last episode. Blake Oliver: [00:37:35] Until there's a vaccine, I don't think these events resume, and that's gonna take until early 2021. I'm concerned about next year's conference season.

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BOI On Again Off Again, Bench Shuts Down, Dying Language of Accounting

Cloud Accounting Podcast

Sponsors LiveFlow - [link] Suralink - [link] Cloud Accountant Staffing - [link] TaxBandits - [link] Chapters (01:36) - Beneficial Ownership Information Reporting (BOI) (03:39) - Bench Accounting Shutdown (12:35) - Automated Bookkeeping Challenges (18:35) - Tax Fraud Case: The Magician (28:20) - IRS Commissioner Nominee Controversy (33:55) - Tax Refunds (..)

CPA 53
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ScaleFactor Fails to Scale, Blames COVID-19

Cloud Accounting Podcast

If you've ever tried to get your clients' Stripe, Square, or PayPal transactions into QuickBooks or Xero, you've probably pulled your hair out a few times trying to get income and fees recorded correctly so that the deposit amounts match the bank statement so you can reconcile. You go back in time to desktop computers, and desktop software.

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AICPA's 8-Point Plan To Fix The Accounting Pipeline Problem

Cloud Accounting Podcast

Biden vows to veto GOP plan to abolish the IRS; CPA exam takers down 25% since 2018; IRS too busy to replace old computers, suspends project Sponsors OnPay - [link] Relay - [link] First Republic Bank - [link] Need CPE? WSJ asks: "How can we make accounting cool?"; WSJ [link] Passing or failing? We appreciate you!

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Fintechs Dominate Covid Economy

Cloud Accounting Podcast

A2X posts tidy summaries of sales, returns, and fees from Shopify and Amazon directly into QuickBooks, or Xero that will exactly match the deposits that appear in your bank account. Mind you, this is the person who runs the IRS computer systems that are how old now? billion, surging past Robinhood as the most valuable U.S.