Sustainability and Responsible Investing

No matter where you are on your transformation journey, Banking Transformation Summit provides inspiration and confidence to your next steps. Now in its 4th year, deep-dive into the Banking Transformation, Fintech & Challengers and Banking Innovation themes and answer the most pressing industry questions with keynote talks, fireside chats and themed panel sessions.

Join us in our next webinar, a Q&A session with David DeCarlo, Regulatory Innovation Officer at IDFPR, in conversation with Treasury Prime’s Associate General Counsel and VP of Compliance, Sheetal Parikh. They’ll be discussing federal regulation changes and answer your questions on how fintechs can responsibly innovate on new products and services. You won’t want to miss it!

Cryptocurrency is a decentralized digital currency based on distributed ledger technology. It is secured through advanced cryptography, making it extremely secure and nearly impossible to counterfeit. Today, there are countless cryptocurrencies, many of which fit various payments and contract niches. Additionally, most cryptocurrencies are tradeable on exchanges, such as Coinbase, Binance, and Kraken. Many people buy and sell cryptocurrency as digital assets.

Does your institution make payments through Accounts Payable to students, instructors, researchers and academic visitors? Internal procedures might identify a payment as a stipend or honorarium, fellowship, grant or scholarship – but what these have in common in tax compliance is a set of specific regulatory requirements which will determine whether payments are subject to tax withholding and the filing of a Form 1099 or 1042-S to the IRS. This presentation will address the primary rules for these payments; when they must be treated as wages; when non-wage tax withholding is required; whether they’re subject to reporting on Form 1099 or Form 1042-S; and when no reporting at all is required.