Countrywide Financial Corporation, the US’s biggest mortgage lender, has selected Taxware Enterprise and TaxSolver, owned by Taxware, as its global transaction tax calculation and reporting software solution. The implementation, which is scheduled to be completed this spring, will be one of the tax compliance industry’s first global transaction tax systems to integrate with PeopleSoft Enterprise Payables 8.8. Since it purchases taxable goods and services for more than 100 business units across the United States plus the United Kingdom, Japan and India, Countrywide required a transaction tax calculation system that could keep pace with not only the constantly changing sales and use tax laws in the United States, but Value Added Tax (VAT) as well.
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more