PYMNTS

FEBRUARY 13, 2019

In addition, taxes generated by the industry grew by nearly 8 percent last year. And the state’s marijuana taxes, including licenses and fees from dispensaries, were more than $266.5 million in 2018 — up nearly 8 percent from $247 million in 2017. million in 2018 — up nearly 8 percent from $247 million in 2017.

Industry 155

Industry Colorado Taxes California 155

PYMNTS

DECEMBER 15, 2017

A new survey from Citizens Bank explores how mid-market CFOs in the U.S. are anticipating new technologies and market trends for the year to come, with these professionals signaling interest in real-time and electronic payments. In an announcement Thursday (Dec. In an announcement Thursday (Dec. ”

Marketing 116

Marketing Payments Survey Taxes 116

PYMNTS

AUGUST 7, 2020

German authorities are cracking down on several allegedly illicit cryptocurrency-related operations in the country. The watchdog told KKT UG CEO Adam Gramowski to cease crypto trading business in Germany back in February for reportedly operating without a trading or banking license. Movie2k.to

Bitcoin 157

Bitcoin ATM cryptocurrency Operations 157

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

PYMNTS

JANUARY 25, 2018

s financial services market is expanding, with FinTechs — dubbed challenger banks — rivaling traditional financial institutions (FIs). The solution provides automated accounting and tax management for its entrepreneur clients. The accounting functionality will be rolled out throughout 2018,” the executive added.

Marketing 109

Marketing Taxes Google Fintech 109

PYMNTS

JANUARY 3, 2020

In an interview with PYMNTS, Liz Armbruester, senior vice president of Global Compliance at Avalara , said 2019 represented a watershed year for tax compliance as states embraced the economic nexus model and passed marketplace facilitator laws. Imposing state taxes on out-of-state sellers is now the new normal, she said.

Online 132

Online Taxes Compliance Missouri 132

PYMNTS

SEPTEMBER 23, 2019

As China increasingly becomes a market economy, the government is becoming more concerned about improper conduct in the marketplace. In 2018, millions of Chinese travelers were banned from buying airline tickets because of outstanding social credit offenses. million times last year for offenses such as unpaid taxes and fines.

Taxes 177

Taxes New York System Training 177

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 Ant operates Alipay, the digital payment service in a battle with Tencent ‘s WeChat Pay for dominance in China.

Taxes 134

Taxes Lending Operations Marketing 134

Gonzobanker

FEBRUARY 7, 2018

Nothing seems to put a bounce in a banker’s step more than a tax break and regulatory relief, and this bountiful energy was radiating at Bank Director’s annual “mecca” for bank M&A in Phoenix last week – Acquire or be Acquired. Prosperity is now $22 billion with an unbelievable $5 billion market cap. 3: Business Model.

Taxes 75

Taxes Video Analytics Arkansas 75

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

JULY 27, 2020

’s open banking framework have grown more diverse since its launch in 2018, the initial excitement behind the regulatory initiative was its opportunity to lower barriers to market entry for new FinTechs, and to augment competition in the financial services world. ” Proliferating Market. . Biggest Hurdles.

Compliance 185

Compliance Fintech Taxes Innovation 185

PYMNTS

APRIL 16, 2018

tax reform, and strong economic growth around the globe is also benefitting these players. This week’s B2B Data Digest examines the numbers released by the institutions for Q1 2018, highlighting the role corporate and wholesale banking operations did (or did not do) to support an overall impressive quarter. JPMorgan Chase.

Taxes 100

Taxes Lending Operations Data 100

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

PYMNTS

OCTOBER 2, 2019

Food delivery company Deliveroo saw huge revenue growth in 2018, but its losses also grew as it expanded and poured money into new areas and ventures in the highly competitive food delivery market. million in 2018, up from £106m a year before. percent to £232 million, up from £199 million in 2017.

Taxes 116

Taxes Innovation Meeting Company 116

PYMNTS

SEPTEMBER 30, 2019

The filing will allow the retailer to continue operating while it attempts to reorganize the business and return to profitability. It will continue operations in Mexico and Latin America, the article said. The used-fashion market in the U.S. Forever 21 plans to close up to 178 stores in the U.S.,

Retail 148

Retail Taxes Analytics America 148

PYMNTS

FEBRUARY 2, 2021

1, a milestone that also made Action 24/7 the only locally owned sportsbook gaming operator of four licensed by the state. “I 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. “A You can’t just go to PayPal and say, ‘I want to deposit $3,000 today.’

Tennessee 262

Tennessee Payments social media Regulation 262

PYMNTS

OCTOBER 13, 2019

Late last month the company announced it was expanding its partnership with Visa to include five new regions in 24 markets including Canada, Japan, Singapore and the U.S. bringing Revolut’s total global footprint to 56 markets. Revolut’s move for new funding isn’t a surprise. banking licence.

Taxes 163

Taxes Fintech Branding Regional 163

BankUnderground

NOVEMBER 8, 2023

In a new working paper , we show that cap-and-trade schemes lead to lower volatility in GDP and financial variables, and result in reduced welfare costs of the business cycle , when compared to the more widely known carbon taxes. In response to contractionary shocks, the same dynamics operate in reverse.

Policies 64

Policies Regulation Taxes Compliance 64

Jeff For Banks

DECEMBER 13, 2018

I chose five years because banks that focus on year over year returns tend to cut strategic investments come budget time, which hurts their market position, earnings power, and future relevance than those that make those investments. The Bank operates five full service offices. It also operates 13 Home Loan Centers in Oregon and Idaho.

Oregon 101

Oregon Ohio California Community Bank 101

CB Insights

OCTOBER 21, 2018

The 2018 Fintech 250 have raised approximately $53B in aggregate funding across 947 deals since 2013, and includes startups at different investment stages of development, from early-stage (seed/Series A) companies to well-funded unicorns. The market map below categorizes the Fintech 250 companies based on core area of focus.

Fintech 78

Fintech Lending Capital Analytics 78

PYMNTS

FEBRUARY 8, 2019

If bad days are measured by declines in stock market prices, then yesterday (Feb. billion tax charge, and adjusted earnings per share (EPS) came in at $.19. Grubhub operates in an increasingly challenging market. DoorDash raised $250 million in new funding in 2018, and quadrupled its valuation to $4 billion.

Taxes 148

Taxes Marketing Online Report 148

PYMNTS

SEPTEMBER 3, 2019

Europe’s The Restaurant Group (TRG), which operates over 650 restaurants and pubs across the country, is closing 150 eateries, Financial Times reported on Tuesday (Sept. million pre-tax loss for the first half of this year. In 2018, there were 1,442 restaurant insolvencies, an increase of 40 percent from the prior year.

Groups 109

Groups Taxes Branding Study 109

PYMNTS

MAY 8, 2020

Supreme Court decision allowed sports betting in 2018 and inspired 2019 laws that govern the fledging industry in 10 states and set guidelines such as how online casinos can operate and how sports betting would be taxed. Pennsylvania reported similar figures, with tax revenues from brick-and-mortar gambling declining to $50.5

Online 176

Online Industry New Jersey Pennsylvania 176

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. That’s especially important as businesses gain scale, as they expand reach into new geographic areas — and as they grapple with AP operations.

Management 127

Management Payments Taxes Software 127

PYMNTS

SEPTEMBER 6, 2019

Under the acquisition, Kaola will merge with Alibaba’s Tmall Global while still operating independently to create a massive cross-border eCommerce business. percent share of the market, while Kaola had about 24.5 Market Growth. billion in 2018, noted the report. At the end of last year, Tmall Global held a 31.7

Online 131

Online Retail Operations Report 131

PYMNTS

MARCH 8, 2019

Remember that a big chunk of buying power is concentrated in this generation’s collective wallet, and that if older generations start to unload housing, those homes would presumably stay on the market unless younger buyers — you know, the ones with new jobs and new families — come in to snap them up. PayPal Lending: Takes off in the U.K. ,

Millennials 109

Millennials Taxes Lending Regional 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. We had a few operational issues from an inventory replenishment perspective.”.

Online 100

Online Taxes Branding Retail 100

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

JANUARY 21, 2019

With simple packaging that is nondescript by design and an ethos that values simplicity and quality above all, Brandless has made quite a name for itself in the short time it has been on the market since it was founded in 2012. By the numbers , Brandless doesn’t have a notable market share in any of its product categories.

Branding 152

Branding Taxes Retail Marketing 152

PYMNTS

SEPTEMBER 3, 2019

Three stores were shuttered in 2018 as profits dipped due to issues with the input tax credit. Universal Success operates Outback Steakhouse restaurants in Southeast Asia, including Malaysia, Singapore and the Philippines. Financial details of the deal were not disclosed. The total cash consideration will amount to €3.6

Taxes 108

Taxes Industry Branding Groups 108

Bussman Advisory

DECEMBER 13, 2017

Ripple became a fully operational platform with over 100 members and payment volumes in the billions, and industries began to form blockchain business networks, for example, the Digital Trade Chain consortium (DTC) in trade finance. Companies will focus on changing business models as blockchain begins to transform market structures.

blockchain 40

blockchain cryptocurrency Industry Examples 40

PYMNTS

MARCH 18, 2019

In an interview, Jason Rader, national practice director for security at Insight’s Cloud and Data Transformation operation, said the European Union’s General Data Protection Regulation (GDPR) might be a point from which firms can begin preparing for new regulations. Privacy and Competition. Competitive Landscape: Breakups Mulled?

Regulation 159

Regulation social media Google Taxes 159

PYMNTS

JANUARY 16, 2020

To that end, Far Point Acquisition – which operates as a “blank check” company that focuses on financial technology deals – said on Thursday (Jan. raised $550 million in its initial public offering (IPO) in June of 2018. New day, new multi-billion-dollar deal within the payments space. billion euros. The IPO – and Other Attractions.

Payments 100

Payments Taxes Groups Fintech 100

PYMNTS

FEBRUARY 11, 2020

For its three years in operation, Brandless generated no shortage of buzz with its concept of “private label for less” and the idea that the best brand is no brand at all. Facing a growing cash crunch — and trying to streamline its operation — Brandless laid off 13 percent of its staff last March. So what went wrong?

Branding 150

Branding Operations Leadership Millennials 150

PYMNTS

FEBRUARY 27, 2020

In this market? But connecting the dots of the food delivery landscape, the recent fates of money-losing “disruptor” firms in the public markets may give a hint of what’s at stake, and what’s to come, should an IPO indeed come to pass. The notion that the company would be tapping the markets for capital begs the question: Why?

Capital 151

Capital Millennials Marketing Taxes 151

PYMNTS

SEPTEMBER 18, 2019

In a market without Open Banking regulations, FinTechs continue to enter in to the market, collaborating with bank partners to offer their own financial services — which often compete directly with other financial institutions. The delicate balance between bank-FinTech competition and collaboration continues to teeter in the U.S.

Fintech 144

Fintech Payments Meeting Capital 144

PYMNTS

FEBRUARY 6, 2019

Toyota has announced the official launch of KINTO, a new company to manage and operate its car subscription service. Both are monthly fixed-sum services that include insurance payments, vehicle taxes, registration charges and regularly scheduled maintenance of the vehicles. KINTO SELECT will launch on Feb.

Taxes 108

Taxes Branding Company Operations 108