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Major Retailers Brace For Gift Card Fraud

PYMNTS

The moves were announced by the attorneys general of Pennsylvania and New York, Reuters reported. With the new policies, changes include lowering the transaction limits on the sale of store-branded gift cards. Fraudsters reportedly buy third-party gift cards from brands like Steam, Google Play and iTunes with retail gift cards.

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Economic Nexus Laws’ Unexpected Impacts On Restricted Substance Retailers

PYMNTS

eCommerce sales tax laws are having unintended consequences in the tobacco industry. These laws were meant to make online sellers face sales tax requirements similar to those for retailers with on-the-ground locations, putting both types of businesses on equal footing. in 2017 had a 52.75

Retail 109
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COVID Retail Update: Mall Group Asks For Bailout

PYMNTS

s Hudson Yards in New York City, Triple Five Group’s Mall of America in Minnesota and the King of Prussia in Pennsylvania. generates nearly $400 billion of state and local taxes, McGee said. Also at stake: “the repayment of up to $1 trillion of secured and unsecured debt underlying the shopping center industry.”. How to cope?

Retail 161
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Food Stamps Online: The $75B Grocery Game-Changer?

PYMNTS

Low-income consumers are far more likely to find it difficult to secure mainstream credit sources and are thus much more likely to make use of high-cost alternative credit sources when financial emergencies hit, often in the form of a payday, title, tax refund anticipation or installment loan. Is there any way out of that?

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FinDEVr Silicon Valley: Looking Back, Moving Forward

Fintech Labs Insights

Listed in Silicon Review as one of the 20 fastest growing security companies. Quoted in eWeek on the problem of app security. Announced its Cyber Security scholarship program. Announced its Cyber Security scholarship program. Extended its app-security protection to Apple TV. Announced sales-tax accuracy guarantee.