Is the Ease of Automated Regulatory Compliance Worth the Cost?

Expanding Payments Choice Playbook - August/September 2022

In the “Expanding Payments Choice Playbook,” a collaboration with Onbe, Nearside’s Bert Friedman and Tim Wu tell PYMNTS how automated verification systems can help FIs cut a compliant path through the modern digital world, at a time when over half of companies in America have either paid regulatory fines or been exposed to unmitigated compliance risks.

Inside the August/September Playbook

An interview with Nearside’s Bert Friedman, vice president of compliance, and Tim Wu, head of growth, about the difficulties of maintaining compliance and mitigating risk in a constantly evolving digital world
The latest headlines from the space, including how U.S. employers that use employees’ tax withholdings to pay business expenses may have to pay income tax on those funds in addition to fines and penalties and a New York law that holds prime contractors liable when subcontractors commit wage theft
An in-depth look at how an increasingly international and digitized payments landscape often confronts firms large and small with hefty regulatory fines and loss of reputation and how third-party solutions can help