Somalia, South Sudan, North Korea and Syria are perceived to be the most corrupt countries in the world, according to Transparency International’s latest annual review that draws on a mix of business and government sources for its rankings. Somalia has held the undesirable title as the world’s most corrupt country for the past ten years, …
CORAL GABLES – February 19, 2014 – Tax avoidance by individuals and entities using offshore bank accounts cost governments hundreds of billions of dollars a year, and federal governments worldwide are taking actions to close any gaps through the U.S. Foreign Account Tax Compliance Act (FATCA). In response to these new regulations enacted in January …
Sydel’s Flexible CompliXpert Framework Helps FI’s Respond to FATCA Requirements Read More »
CORAL GABLES – Sydel Corporation is pleased to announce that it will sponsor Florida International Banking Association’s 14th Annual Money Laundering Compliance Conference, to be held in Miami, Florida on February 20-21, 2014. The conference will convene industry leaders from both private and public sectors to debate key insights on regulatory expectations and best practices in order to ensure that …
Sydel Corporation to Sponsor 14th Annual Money Laundering Compliance Conference Read More »
CORAL GABLES – April 16, 2013 – Available today, the app PortXpert offers port operations professionals, logistics managers, ship captains and their crews, private pilots and even travelers with valuable information on ports and airports around the world. The easy-to-use app provides the flexibility to change travel plans, while they are still underway. PortXpert is the …
PortXpert Available at Apple App Store Puts Every Port (and Airport) at Your Fingertips Read More »
South Florida Business Journal Date: Thursday, August 11, 2011, 2:20pm EDT The U.S. Attorney’s Office wants to seize 13 waterfront condos in Miami and Miami Beach, and a townhouse in Miami’s Coconut Grove neighborhood tied to the indictment of five men, the bulk of whom are accused of laundering $26 million in drug proceeds. The …
Innovative Strategic Solution, LLC (ISS) announced today that it has signed an exclusive licensing and sales partnership agreement with Sydel Corporation to distribute VendorXpert, a software solution that was specifically created to assist credit unions in addressing regulatory concerns regarding vendor due diligence. The solution is web-based and will immediately allow credit unions of any …
Sydel Corporation participated in a Habitat for Humanity event working with other community leaders to help build the Scott-Carver Homes project in Miami, Florida. Employees and Owners of Sydel Corporation were elated to have participated in this event that brought so much joy to the community. Sydel Corporation is a Coral Gables (Florida)based company offering …
Sydel Corporation, a leading developer of customized information technology solutions for the financial industry, today announced the launch of VendorXpert, a risk-management solution that monitors and tracks the validity of third-party providers, vendors and business partners. The new technology will help financial institutions verify that companies and organizations they do business with are trusted entities. …
Sydel Corporation is very pleased to announce that The International Bank of Miami in Coral Gables, Florida has gone live with FormXpert. With the implementation of this tool, the financial institution expects to manage forms such as the IRS mandated W-8 by proactively tracking expirations by customer or account and determining the best time to …
Since the beginning of 2005, the IRS has redoubled its efforts to monitor and audit the completeness of W-8 forms at financial institutions. The agency expects full and immediate compliance with Non-Resident Alien documentation requirements. For many international financial institutions in South Florida, these IRS requirements mean significant changes to the way they have traditionally …
Sydel Corporation’s FormXpert prepares banks for IRS W-8 Compliance Audits Read More »
