article thumbnail

Citi's Mistaken Payment Case Might Be In Wrong Court

PYMNTS

This case, Bloomberg reported, involves Citigroup NA , a South Dakota-based unit of Citi, suing a number of limited liability corporations including Brigade Capital Management LP , HPS Investment Partners and Symphony Asset Management , among others — all of which are considered to be of the states where their partners and members reside.

article thumbnail

South Dakota merger announced

ABA Community Banking

American Bank & Trust to acquire smaller, in-state peer Management M&A.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

TaxCloud Announces New Stripe Integration

PYMNTS

The move means that users of Stripe’s payments platform can now connect to TaxCloud to manage their U.S. Since the Supreme Court issued its opinion in South Dakota v. TaxCloud has announced the launch of a new integration with Stripe. Wayfair last year, many online retailers now have to collect sales tax in additional states.

article thumbnail

How Online Sales Tax Impacts Different eCommerce Models

PYMNTS

That all changed last year with the Wayfair vs. South Dakota ruling that sought to level the playing field for brick-and-mortar stores. Mathradas characterized this challenge as a data management issue. A majority (53 percent) thought that managing sales taxes for their businesses was either “somewhat” or “not at all” clear. .

Taxes 129
article thumbnail

Bitcoin Daily: OCC Grants Crypto Firm Anchorage Conditional Digital Banking License; Crypto Exchange RG Coins Owner Arrested For Money Laundering

PYMNTS

With the national trust bank charter, South Dakota-based Anchorage will become Anchorage Digital Bank , National Association. The OCC conditionally approved the charter, meaning Anchorage had to agree to comply with certain capital and liquidity requirements, as well as the OCC’s risk management rules, the release stated.

article thumbnail

Grocery Roundup: New Amazon Fresh Store, SpartanNash Puts Incentives In ‘Fast Lane,' Walmart On Autonomous Delivery

PYMNTS

“Providing our store guests with options that fit their shopping preferences — whether that be shopping in-store or using curbside pickup and at-home delivery — is part of our commitment at SpartanNash,” said Tom Swanson , executive vice president and general manager, corporate retail.

article thumbnail

Casino Reopenings Draw In Gamblers Despite Online Gaming Surges

PYMNTS

Over in Deadwood, South Dakota, 13 of the 21 casinos in have opened again. The mayor, who is also a table games manager at a local casino and hotel, said per the report that he has come across people traveling from states that are close by as well as those that have come from Florida, Texas, New Mexico and New York.

Online 130