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Steal This 5-Step Banking Innovation Playbook from Gentle Monster

South State Correspondent

Leveraging social media, Gentle Monster started to get traction. The tactic worked – in 2013, Gentle Monster’s oversized glasses were used to portray the main character of a huge Korean drama show. These striking designs paid for themselves in media exposure. months, including an annual operating cost.

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IRS Cracking Down On Crypto-Holding Taxpayers

PYMNTS

The Internal Revenue Service (IRS) is going to send letters to about 10,000 cryptocurrency holders warning them about the penalties they will face if they don’t report their income or pay taxes on the transactions, according to a report by The Wall Street Journal. at the World Bank.

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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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Thoughts Of Holiday Retail Cheer Tempered By Memories Of Failure

PYMNTS

Failures — well, they bring social media infamy and headlines, to say nothing of lost revenue, frustrated investors and, in some cases, the forced vacation known as unemployment. In addition to any lost sales on the day, Macy’s endured the wrath of social media and became retail’s lead story.” And there will be failures.

Retail 129
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Yelp for accountants: What your online reputation can mean for new business

Abrigo

According to Nielsen data from 2013, about 82 percent of users visit Yelp with the intent to make a purchase from a local business, and about 89 percent of those make said purchase within a week of their search. Just as you may be leveraging other social media platforms , it’s equally as important to monitor your online reputation.

Online 150
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Europe Grabs B2B Payments Fraud (Small And Large) Headlines

PYMNTS

Investigators mentioned to the Australian news site that gaining access to the business and personal email accounts was one conduit to getting personal information; social media was another. 1 of 2013 and the end of March 2018. The email communications continued for weeks.

Fraud 100
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Hacker Tracker: Call Center Scams, Password Reuse Dangers

PYMNTS

The call center employees would then demand immediate payment from scam victims to cover bogus taxes that were never paid and owed. government and has been looked into since 2013. The paper noted that since 2013, Americans — many of whom are recent immigrants — have been scammed out of $100 million as a result.

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