PYMNTS

NOVEMBER 30, 2020

million of the 18 million users of the social media company in Korea was given to operators beyond Facebook without them knowing between May 2012 and June 2018. The French Finance Ministry has told Big Tech firms that the Digital Service Tax is now due, PYMNTS reported, citing Reuters. Chicago Alderman Proposes Tax on Deliveries.

Taxes 130

Taxes Chicago Compliance Apple 130

PYMNTS

MAY 8, 2020

Online gambling or gaming is one possible outlet, and the sector may even make it through the pandemic with less financial damage than other industries. Online Gambling Changes . The pandemic is sweeping through an already critical year for online betting. Such sites are expecting major growth in the U.S.,

Online 176

Online Industry New Jersey Pennsylvania 176

PYMNTS

FEBRUARY 19, 2019

Digital disbursements are appearing in unexpected markets , such as sports betting platforms and boatsharing sites. Data: 700 million: The number of active annual Alipay users exceeded this figure in 2018. taxpayers who received federal tax refunds via direct deposit as of May 2018. million: The number of U.S.

Data 109

Data Marketing Taxes Video 109

PYMNTS

FEBRUARY 21, 2018

That was on top of news that Walmart’s increased profit-margin pressure was pushing an annual revenue estimate for 2018 that missed investor expectations. That mild miss, Walmart noted, came as the firm pulled forward some investments for tax purposes. Walmart reported earnings of $1.33 percent to 2 percent.

Online 100

Online Taxes Branding Retail 100

PYMNTS

JUNE 7, 2019

While digital fund disbursements clearly can affect insurance claims, government tax returns and gig economy workers’ paychecks, it’s reimbursements that play a major role for the retail industry. The rise in online shopping means more shoppers needing refunds on returned merchandise. On the other hand, almost all (95 percent) of U.S.

Online 178

Online Retail Study Video 178

PYMNTS

OCTOBER 3, 2019

sales tax obligations via the company’s sales tax application programming interface (API). Wayfair last year, many online retailers now have to collect sales tax in additional states. ” “ Quill creates rather than resolves market distortions,” Justice Anthony Kennedy wrote in the majority decision. .”

South Dakota 164

South Dakota North Dakota Taxes Retail 164

Gonzobanker

DECEMBER 20, 2018

GonzoBankers, 2018 has been a troublesome year. about the best and worst in banking for 2018 and get fired up to start again in ’19. Ladies and gentlemen, we bring you the 2018 GonzoBanker Awards ! Although all banks faced stock headwinds in 2018, we give the nod to William Demchak at PNC Financial Services.

Fintech 102

Fintech Conference Innovation Community 102

PYMNTS

DECEMBER 26, 2018

A good education on this online retail trend — an education backed by original data — comes from Azita Habibi, business development lead at Braintree , a payments services firm owned by PayPal. The $300 billion Financial Stress Tax.

blockchain 157

blockchain Payments Online Innovation 157

PYMNTS

SEPTEMBER 30, 2019

eCommerce sales tax laws are having unintended consequences in the tobacco industry. State governments began rolling out economic nexus laws after 2018’s South Dakota vs. Wayfair ruling. percent tax on each imported premium cigar, limited to a maximum of about $0.40 in 2017 had a 52.75

Retail 109

Retail Taxes Virginia South Dakota 109

PYMNTS

SEPTEMBER 5, 2019

Governments rely on tax revenues to fuel the vital services they provide to residents and businesses – from firefighting and public education to water system repair and road maintenance. Retail sales taxes have long been key sources of state governments’ budgets and have been their greatest single stream of revenue since the mid-1900s. .

South Dakota 116

South Dakota Taxes Policies North Dakota 116

CB Insights

FEBRUARY 13, 2020

As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Specifically, the Collisons aimed to more seamlessly connect online businesses and payment processors, allowing more businesses to accept online payments.

Online 98

Online Company Retail Payments 98

PYMNTS

NOVEMBER 5, 2018

Ant Financial , the Chinese FinTech giant and an affiliate of Alibaba Group , posted an earnings pre-tax loss of 2.4 The Wall Street Journal ( WSJ ), citing Ant, reported that the company had a pre-tax profit of 5.3 Earlier in 2018, Ant became the most valuable tech startup after raising $14 billion investors in China, the U.S.

Taxes 134

Taxes Lending Operations Marketing 134

PYMNTS

DECEMBER 22, 2020

Italian consumers are embracing a new government program aimed at boosting retail sales while tamping down on tax evasion that allows buyers to receive a 10% refund on card payments made in stores. By offering the incentive, they hope to cut down on black market deals and fraud, according to The Financial Times.

Cards 188

Cards Payments Taxes Study 188

PYMNTS

OCTOBER 28, 2019

The 2018 South Dakota v. An additional 12 states have added or amended marketplace facilitator laws, and even more states are slated to implement remote seller tax laws in the next few years. . New remote seller laws hinder sales tax avoidance, and states are using the Wayfair ruling to apply additional tax forms to these sellers.

South Dakota 105

South Dakota Taxes Retail Arizona 105

CB Insights

NOVEMBER 21, 2019

Canadian VC-backed companies saw funding drop 13% in H1 2019 compared to H1 2018. The 2019 Canadian fintech market map. Startups headquartered in Ontario dominate the table, with over 40 fintech companies from this market map headquartered in the Greater Toronto Area. Navigating the Canadian fintech market map.

Fintech 93

Fintech Marketing US Technology 93

PYMNTS

SEPTEMBER 30, 2019

The company is struggling with online competition and changing clothing trends, like sustainable fashion and secondhand clothing. The used-fashion market in the U.S. Forever 21 is among many retailers that have filed for bankruptcy to reorganize as shoppers abandon malls in favor of online shopping.

Retail 148

Retail Taxes Analytics America 148

PYMNTS

FEBRUARY 2, 2021

To an extent, that same spirit and intention is behind the recent spate of government approvals for online gambling. That leads to the product of said online activity — and that’s money. We’re growing a market of people who have never bet before in Tennessee.”. We’re bringing sports gambling out of the shadows,” she said.

Tennessee 262

Tennessee Payments social media Regulation 262

PYMNTS

APRIL 22, 2020

GPay , a member company of the Vietnam investment firm G-Group , joins a tight FinTech market in Vietnam with 33 other firms licensed for intermediary payment services. Founded in 2018, GPay said it has reached $50 million in Gross Merchandise Volume (GMV) and has a presence in 42 cities and provinces.

Payments 154

Payments social media Groups Taxes 154

PYMNTS

APRIL 24, 2020

There are disruptors who come to market and list their shares publicly. And then there are disruptors who come to market and list publicly – right as their targeted markets are themselves disrupted, at least temporarily. You could also see an increase in online activity.”

District of Columbia 178

District of Columbia Video Taxes Marketing 178

PYMNTS

FEBRUARY 8, 2019

If bad days are measured by declines in stock market prices, then yesterday (Feb. It was the day that the online food aggregator announced its earnings, with misses on both revenue and earnings predictions, topped off by guidance that was well below Wall Street estimates. Grubhub operates in an increasingly challenging market.

Taxes 148

Taxes Marketing Online Report 148

PYMNTS

FEBRUARY 4, 2020

RELX will acquire Arizona-based Emailage for $480 million in the former’s push to establish a footprint in the fraud prevention market, according to Financial Times (FT). Before that, in 2018, it acquired ThreatMetrix — a digital identity firm that tracks around 1.2 In addition, RELX made pre-tax profits of £2.15

Analytics 136

Analytics Fraud San Diego Arizona 136

PYMNTS

SEPTEMBER 6, 2019

percent share of the market, while Kaola had about 24.5 Alibaba is confident about the future of China’s import e-commerce market, which we believe remains in its infancy with great growth potential,” said Daniel Zhang, CEO of Alibaba Group. Market Growth. billion in 2018, noted the report.

Online 131

Online Retail Operations Report 131

PYMNTS

JULY 15, 2020

The platform to bring malls online — or create a virtual mall — is being led by an Alibaba-owned company called Lazada. Its virtual mall solution is called LazMall , which was launched in August 2018. It points out that the mall sector has lost around 48 percent in market capitalization since January 2020. shopping destinations.

Groups 153

Groups Branding Retail Taxes 153

PYMNTS

AUGUST 20, 2019

Middle market companies need help navigating the complexities of accounts payable management, especially when it comes to cross-border, cross-currency payments. In a release, Tipalti said earlier this month that it saw an increase of 250 percent in customer bookings in the first half of 2019 compared to the first half of 2018.

Management 127

Management Payments Taxes Software 127

PYMNTS

JUNE 20, 2019

Imran Khan, who spent three years at Snap as chief strategy officer, has created a new retail company, Verishop , which aims to “bring joy back to online shopping, and do it at scale with the ease of online purchasing and fast delivery we’ve all come to expect.” High-End Retail. The company generated about $3.3 Retail Challenge.

Retail 125

Retail Innovation Online Taxes 125

PYMNTS

FEBRUARY 6, 2019

More people are working, they’re making more money, their taxes are lower and their confidence remains high. Based on growth of 10 to 12 percent, online sales are expected to be between $751.1 The bottom line is that the economy is in a good place despite the ups and downs of the stock market and other uncertainties.

Retail 116

Retail Taxes National Marketing 116

PYMNTS

JANUARY 8, 2018

Rumors circulated that FICO might be losing its monopoly in the mortgage market as the FHFA is considering allowing lenders to consider an alternative. Credit Karma said yes to early tax refunds for consumers – for free. Good Tax Lending Karma. Additional perks include free early direct deposit and free online bill pay.

Taxes 105

Taxes Data Louisiana Colorado 105

PYMNTS

APRIL 30, 2018

Fifty-four percent of small business owners say they are optimistic about the national economy , found Bank of America’s 2018 Business Advantage Small Business Owner Report. More than 90 percent of survey respondents said they feel the government did not adequately prepare the small business community for the new tax code.

Taxes 144

Taxes America National Community 144

PYMNTS

SEPTEMBER 3, 2019

Three stores were shuttered in 2018 as profits dipped due to issues with the input tax credit. billion people is the remaining global opportunity for smartphone makers amid a surge in the country’s online retail market. Financial details of the deal were not disclosed. The total cash consideration will amount to €3.6

Taxes 108

Taxes Industry Branding Groups 108

PYMNTS

NOVEMBER 22, 2019

In a feature story, PYMNTS spoke with Wahlburgers Senior Vice President of Marketing and Innovation Dan Wheeler about how the quick-service restaurant (QSR) works to meet the security challenges inherent in the mobile order-ahead space tapping into two-factor authentication and machine learning. Wayfair case.

South Dakota 108

South Dakota Google Taxes Branding 108

PYMNTS

FEBRUARY 8, 2019

If bad days are measured by declines in stock market prices, then yesterday (Feb. It was the day that the online food aggregator announced its earnings, with misses on both revenue and earnings predictions, topped off by guidance that was well below Wall Street estimates. Grubhub operates in an increasingly challenging market.

Taxes 100

Taxes Marketing Online Report 100

PYMNTS

JULY 6, 2020

More importantly, the outlook for the future has improved: Due partially to the 2017 tax reform bill, GDP is forecasted to grow around 3 percent in 2018, according to the Conference Board. And at least one industry veteran is envisioning a new future for the physical store.

Community 132

Community Retail Seattle New York 132

PYMNTS

NOVEMBER 7, 2019

Brazil’s potential customer base tempts global subscription service providers, as the South American country boasts a population of 200 million and had 132 million people with internet connections in 2018. Brazilian consumers are relatively accessible to global subscription companies, but online payment methods do not always reach them.

Online 100

Online Payments Cards Fraud 100

PYMNTS

JANUARY 10, 2019

Some might think of eCommerce as a global force, where technology underpins transactions done 24/7, and where even the smallest businesses can see significant top-line gains as they tap new markets. trillion) in 2018 alone, and growing at double digits into the current year. Top markets include Japan, the United States and Korea.

United States 158

United States Regulation Compliance Strategy 158

PYMNTS

JANUARY 23, 2020

Faster payments may not be the most popular disbursement method, but markets are regularly adopting them for consumer payouts. The entertainment, insurance, music, restaurant and retail industries are all experimenting with real-time disbursements, as are healthcare providers and government agencies responsible for taxes and other refunds.

Payments 141

Payments Industry Online Survey 141

PYMNTS

AUGUST 3, 2018

They tend to like quality, have a strong preference for shopping online and enjoy a good bargain – but when it comes to buying from a specific brand? It was an insight that pushed Brandless CEO and Co-founder Tina Sharkey to rethink an online commerce offering in a very fundamental way, by eliminating what she calls the “ brand tax.”

Branding 103

Branding Millennials Taxes Seattle 103

PYMNTS

APRIL 12, 2019

With the additions, Prime delivery is now online in 75 U.S. The eCommerce company further announced it has expanded its grocery pickup to Whole Foods Market to Columbus, Ohio — bringing the total number of pickup markets to 30. Walmart started testing two years ago and added a small number of robots to some stores in 2018.

Taxes 100

Taxes Retail Columbus Operations 100