PYMNTS

SEPTEMBER 30, 2019

Scrutiny of tech firms is spreading across the globe, hinting at broader regulations over privacy and, possibly, bigger tax bills. In one example, Indonesia is “already preparing legislation” that would require tech companies with online services to pay value-added tax on local sales, the report noted. Libra, Too.

Taxes 133

Taxes Regulation cryptocurrency Google 133

PYMNTS

JANUARY 29, 2020

businesses are likely already feeling tax season’s pressures. Filing is exhausting and complicated for individuals, and businesses experience those tax difficulties to a far greater degree. SMBs need to remain compliant with increasingly complex financial regulations. SMBs And Manual Tax Frustrations.

Taxes 141

Taxes Fraud Tools System 141

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

MARCH 13, 2020

Tax season frustrations can blossom into real financial problems, especially when refunds are paper checks sent through postal mail. tax code changes passed in 2017 did not soothe these frictions, either, as they shifted income brackets and altered rates, affecting consumers’ refunds and earnings.

Millennials 160

Millennials Taxes Innovation Operations 160

Perficient

JUNE 30, 2022

Members of Perficient’s Digital Asset Team have advised followers in multiple online articles about the digital asset revolution and relevant regulations affecting the same in the United States. Highlights From Federal Bank Regulators’ Joint Statement on Cryptocurrency Assets – Perficient Blogs. Crypto Conference.

cryptocurrency 472

cryptocurrency Regulation Conference Taxes 472

PYMNTS

MAY 3, 2016

This is proving particularly true for more and more cash-strapped states that have spent years staring at soaring traffic for online retailers but little — if any — increases in the taxes reaped from this digital, transcontinental economy. proper to occupy much of the conversation. And South Dakota, for one, has had enough.

South Dakota 100

South Dakota Taxes Online North Dakota 100

PYMNTS

APRIL 12, 2016

China has some new taxes on goods imported through eCommerce sites, though it has also removed some duties that had previously been assessed. Food will now import at a higher duty price; previously the tax was 10 percent. percent, a dip from the 17 percent currently being charged as a value-added tax in Chinese physical stores.

Taxes 100

Taxes Policies Metro Retail 100

South State Correspondent

JUNE 7, 2023

Bank ERC Background Bank ERCs is a refundable tax credit available to businesses, including financial institutions, affected by the global pandemic as granted under the CARES Act and modified by the Relief Act. Unable to hold in-person meetings—with customers, partners, regulators, industry representatives, and more.

Taxes 195

Taxes Meeting Operations ATM 195

PYMNTS

APRIL 14, 2020

Food delivery and Uber drivers, for example, are among those still able to work. Gig workers’ rights and benefits — including healthcare and access to unemployment — have become key topics debated by regulators in th e United States as they work to figure out how to provide support. How The Pandemic Is Impacting Business Regulations.

Regulation 285

Regulation Examples United States National 285

Abrigo

SEPTEMBER 20, 2023

Rather than stealing someone's identity or using a friend or family member's details, the account holder is who they say they are and uses their account to commit fraud—for example, applying for a loan with no intention of paying it back or filing a false chargeback claim. The scam here is an inside job, making it inherently more elusive.

Fraud 195

Fraud Trends Cards Software 195

PYMNTS

SEPTEMBER 16, 2019

The requests center on, for example, Amazon’s acquisition of Whole Foods — and, separately, the way Google ranks its search results. On the Continent — and Taxes in Sight. Google’s own regulatory and tax issues extend well beyond domestic markets. This investigation is not a lawsuit,” Texas Attorney General Ted Paxton said. “It

social media 122

social media Google Taxes Arkansas 122

CFPB Monitor

OCTOBER 20, 2021

A group of 96 organizations and individuals, who describe themselves as consisting of “consumer, labor, civil rights, legal services, faith, community and financial organizations and academics,” have sent a letter to the CFPB urging the Bureau to regulate fee-based earned wage access (EWA) products as credit subject to the Truth in Lending Act.

Regulation 78

Regulation Groups Analysis Lending 78

PYMNTS

MARCH 15, 2018

The European Commission is at work on a new proposal that aims to shape how online platforms — spanning eCommerce and mobile apps — rank search results. As has been noted, tech companies have become more highly regulated in Europe, as regulators focus on user data, tax payments and other business processes.

Google 129

Google Apple Regulation Taxes 129

Banking 2020

NOVEMBER 25, 2015

China has introduced new draft rules that are intended to tighten regulations governing online payments in the country. Such services are used for a wide range of activities by China’s web users, from buying items online and sending money to family and friends, to paying utility bills and investing in money-market funds.

Regulation 40

Regulation Online Marketing Payments 40

PYMNTS

AUGUST 3, 2020

Consumers have come to expect on-demand service when they watch movies, make online purchases or hail rides, for example, but this practice contrasts with how most employees are paid. Numerous economic, social and technological trends are rendering this system more outdated, however. The Flexible Pay Imperative And On-Staff Workers.

Payments 211

Payments Taxes Case Study Examples 211

Abrigo

DECEMBER 18, 2023

For example, a recent study found that trips to central business districts in large cities have plateaued at about 60% of pre-pandemic levels, while those in smaller towns have fully bounced back. Retail and multi-family CRE opportunities Similarly, retail CRE has been painted as too risky because of online sellers’ growth.

Risk Management 221

Risk Management Management Lending Capital 221

Abrigo

MARCH 24, 2023

This example is a situation with a "high" inherent risk and "strong" mitigating controls. This example is a situation with a "high" inherent risk and "strong" mitigating controls. In the example above, processing outgoing international wires is a "high" inherent risk, scoring 3 points, using a 1–3-point scale.

Fraud 195

Fraud Compliance Examples Analysis 195

PYMNTS

OCTOBER 7, 2020

Online retail has exploded in popularity over the past 20 years, with online giants like Amazon, eBay and big-box retailers’ marketplaces becoming consumers’ go-to alternatives to brick-and-mortar merchants. The eCommerce industry is expected to generate $4.5 The eCommerce industry is expected to generate $4.5

Payments 171

Payments Analytics Online Retail 171

PYMNTS

JULY 5, 2018

Reports are surfacing that, since the European Union’s General Data Protection Regulation took effect on May 25, customers exercising their rights under the law are contacting companies with questions about how their online data is being handled, and to request copies of that data. Breathing Room. Brazil Law?

Regulation 102

Regulation Data Exercises Online 102

PYMNTS

DECEMBER 11, 2019

But we’d also bet that Cook’s musings might perk the ears of any number of regulators who are looking into Apple’s activities, or Big Tech’s for that matter. As has been widely reported, there are a few inquiries ongoing into how Apple’s online app store works with – or doesn’t – other tech firms that offer competing products and services.

Apple 130

Apple Google Regulation Strategy 130

PYMNTS

DECEMBER 11, 2019

But we’d also bet that Cook’s musings might perk the ears of any number of regulators who are looking into Apple’s activities, or Big Tech’s for that matter. As has been widely reported, there are a few inquiries ongoing into how Apple’s online app store works with – or doesn’t – other tech firms that offer competing products and services.

Apple 130

Apple Google Regulation Strategy 130

PYMNTS

JANUARY 29, 2020

Borrower protection initiatives have taken aim at predatory lenders, both online and brick-and-mortar, with legislators at the state and federal levels addressing concerns that include a lack of transparency and sky-high fees and interest rates. small businesses had sought a loan online, compared to just 19 percent that did so in 2017.

Lending 136

Lending New York Online New Jersey 136

South State Correspondent

OCTOBER 20, 2022

A classic example of this rule is the need for the customer to call back or stop a process to go get information. Another classic example comes when a customer is onboarded for a particular product, such as treasury management services. For example, a customer has a mortgage and comes to the website. The result?

Policies 195

Policies Training Customer Experience Examples 195

PYMNTS

MARCH 27, 2020

Under PSD2 regulations, Payment Initiation processes enable an end-user to initiate payment to a seller directly from their bank account rather than relying on a third-party payment provider to facilitate the payment. QR codes [are] an excellent example of the innovation we will see on the back of Payments Initiation.

Payments 151

Payments Innovation Security Guidelines 151

PYMNTS

MAY 16, 2018

Around 20 states have already passed laws or have pending legislation around online gaming and sports wagering. The rest, says Pappano, are going to be scrambling to catch up so they can start to enjoy the potential new tax revenues that legalized gambling can create. Tax revenue is a powerful motivator. Fraud Isn’t A Problem.

Online 100

Online Fraud Industry New Jersey 100

Perficient

JANUARY 7, 2021

From retail to consumer goods, online and mobile sales are up significantly. For example, most batteries can run for 300-400 miles, a far cry from the 100 miles just a few years ago. The omnichannel (online-offline) approach is essential, but digital has the opportunity to make the most significant impact. You mention education.

Marketing 309

Marketing Industry Mobile Massachusetts 309

PYMNTS

JUNE 15, 2018

Financing is done through online and web platforms, with instant access to cash. In the Middle East , RAK Bank has said it will offer Sage accounting software to business banking customers, in an agreement that helps those firms manage value-added tax (VAT) compliance mandates.

Fintech 115

Fintech Compliance Software Taxes 115

PYMNTS

MARCH 14, 2018

“The same innovations that power crypto-assets can also help us regulate them,” said Christine Lagarde in an IMF blog post Tuesday, according to CoinDesk reports. Blockchain, on the other hand, has a potential to facilitate data exchange between regulators and relevant parties to combat this threat. In the U.S.,

blockchain 129

blockchain cryptocurrency Regulation Taxes 129

PYMNTS

JANUARY 24, 2020

Government disbursements can range from child support payments and annual tax returns to pension and retirement fund payouts. The IRS has accepted digitally filed tax documents and issued digital refunds for years, and it received approximately 29 million electronic returns via direct deposit between February 2018 and February 2019.

Payments 130

Payments US Fraud Innovation 130

PYMNTS

SEPTEMBER 20, 2018

European regulators this week continued to show their love, respect and admiration for U.S.-based Assuming that caught your attention, here’s the real story: It’s shaping up as a busy week for regulators in Europe (including Turkey, which for purposes of this article, qualifies as Europe). European Tone.

Google 124

Google social media Regulation Course 124

PYMNTS

AUGUST 9, 2019

As the price of bitcoin surged this week, cryptocurrency (namely, Facebook’s Libra) has been under increased scrutiny by regulators. Bitcoin , in one notable example, surged by 9 percent on Monday of this week, just as China broke its psychological barrier of seven yuan to the dollar for the first time in more than a decade.

Bitcoin 143

Bitcoin Regulation cryptocurrency Taxes 143

CFPB Monitor

AUGUST 3, 2015

As it did in previous PWA reports, the CFPB states in the new report that it has adopted plain language “as a core principle” for all of the CFPB’s printed and online consumer-facing content. Examples given by the CFPB include its “Ask CFPB” online Q&A tool and its reverse mortgage advertising consumer advisory.

Compliance 60

Compliance Report Taxes Examples 60

CFPB Monitor

AUGUST 4, 2016

As it did in previous PWA reports, the CFPB states in the new report that it has adopted plain language “as a core principle” for all of the CFPB’s printed and online consumer-facing content. ”

Compliance 60

Compliance Report Regulation Taxes 60

PYMNTS

MAY 9, 2019

In addition, local regulations may govern the particulars of a transaction, said Amit, mandating the types of information that need to be included. Not everyone closes the books in a timely way, and not everyone complies with all the regulations.”. Of accounts payable in general, he said, “it’s a cumbersome process.

Resources 177

Resources Management Payments Operations 177

PYMNTS

SEPTEMBER 4, 2019

Merchants must handle the sales tax compliance obligations of each locale from which they receive money if they want to sell online. The complexities of sales tax compliance affect business decisions by both sellers and marketplaces, according to Ted Hettich, chief sales officer at U.K. Deciphering obligations. he said. .

Taxes 131

Taxes Policies Compliance Retail 131

PYMNTS

SEPTEMBER 6, 2019

It’s another thing to walk the walk, especially when it comes to giving sellers the chance to gain new revenue via online marketplaces and new markets. Regulators Taking Close Look At Payroll-Advance Apps. Report: The Risky Business Of Navigating Online Sales Tax For Merchants. Chip cards are now accepted at more than 3.7

Innovation 116

Innovation Payments Apple United States 116

PYMNTS

NOVEMBER 7, 2019

Web-connected Brazilians spend a hefty amount of time online, averaging 26 hours per week, and they rank fourth place worldwide for mobile phone penetration. . 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