PYMNTS

JANUARY 4, 2017

Tax reform in the U.K. Government authorities are set to publish proposals that would require SMEs to submit quarterly tax returns online, reports said Tuesday (Jan. It’s an initiative, dubbed Making Tax Digital, the U.K. It’s an initiative, dubbed Making Tax Digital, the U.K.

Taxes 120

Taxes Report Online Software 120

PYMNTS

APRIL 5, 2018

Filing taxes is hardly a walk in the park. Fortunately, online tax filing solutions have helped cut through the mounds of paperwork that go into preparation and filing — and consumers seem to be rejoicing. As of March 16, 2018, the Internal Revenue Service (IRS) reports approximately 72.7 Expediting the return process.

Taxes 100

Taxes Tools Payments Cards 100

PYMNTS

APRIL 5, 2020

Online tax preparation service TurboTax has announced that it is rolling out a free, stimulus registration solution to assist people who are not required to file a tax return. who are not required to file taxes, and some 80 percent are eligible for a stimulus check. There are roughly 10 million people in the U.S.

Tools 227

Tools Taxes Payments Online 227

PYMNTS

OCTOBER 3, 2019

The move means that users of Stripe’s payments platform can now connect to TaxCloud to manage their U.S. 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.

South Dakota 164

South Dakota North Dakota Taxes Retail 164

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. In a release, Tipalti said earlier this month that it saw an increase of 250 percent in customer bookings in the first half of 2019 compared to the first half of 2018.

Management 127

Management Payments Taxes Software 127

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 Earlier in 2018, Ant became the most valuable tech startup after raising $14 billion investors in China, the U.S.

Taxes 134

Taxes Lending Operations Marketing 134

CB Insights

FEBRUARY 13, 2020

As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Specifically, the Collisons aimed to more seamlessly connect online businesses and payment processors, allowing more businesses to accept online payments.

Online 98

Online Company Retail Payments 98

PYMNTS

APRIL 22, 2020

Founded in 2018, GPay said it has reached $50 million in Gross Merchandise Volume (GMV) and has a presence in 42 cities and provinces. Vietnam said in January that Facebook violated Vietnamese law in how it managed online content, advertising and taxes. G-Group financed the seed funding.

Payments 154

Payments social media Groups Taxes 154

PYMNTS

APRIL 1, 2019

workforce (36 percent) participated in the gig economy during 2018. The initial connection between workers and employers is made online, and many gig workers conduct the entirety of their contract online as well, never setting foot inside an office. According to a recent report, slightly more than one third of the U.S.

Payments 183

Payments Survey Online Company 183

PYMNTS

AUGUST 25, 2019

million active Facebook users in 2018, and that number is expected to rise to more than 45 million this year. In January, Vietnam accused Facebook of violating Vietnamese law in how it managed online content, advertising and taxes. The report also cited Statista, which noted Vietnam had 43.5

social media 125

social media Taxes Groups Report 125

PYMNTS

JANUARY 8, 2018

Credit Karma said yes to early tax refunds for consumers – for free. Good Tax Lending Karma. Good news for consumers avidly awaiting their tax refund for 2018: Credit Karma Tax is rolling out a new product call Earlybird Advance, an online refund advance service. And that was just Tuesday.

Taxes 105

Taxes Data Louisiana Colorado 105

PYMNTS

APRIL 24, 2020

You could also see an increase in online activity.” As noted in this space back in January, eSports winners could conceivably pay more of their winnings to state coffers in the form of taxes. All those tickets not being sold will add up to a lot of money.

District of Columbia 178

District of Columbia Video Taxes Marketing 178

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 18, 2019

Bank earnings this week gave us a bit of insight into the momentum gained by bank-backed P2P payment network Zelle in 2018. 16) that Zelle payments were up 97 percent in Q4 2018, signaling the latest burst of growth for that payment method. For example, Bank of America reported on Wednesday (Jan.

Course 159

Course Mobile Taxes Metro 159

PYMNTS

AUGUST 24, 2017

Financial management software company Intuit has chosen a new chief financial officer. 23) that Michelle Clatterbuck, current senior vice president of finance for Intuit’s consumer tax group, and current acting finance leader for Intuit’s small business group, will assume the role of Intuit CFO starting Feb.

Leadership 100

Leadership Taxes Groups Operations 100

PYMNTS

MAY 25, 2016

2015, online fraud is forecast to explode from an estimated $3.1 billion in 2018 — an increase of more than 100 percent. Retailers face a daunting task managing the complexity of payment processing, taxes, duties and fraud, while delivering a frictionless customer experience.”. billion in 2015, to $6.4

Fraud 109

Fraud Taxes Retail Tools 109

PYMNTS

JULY 13, 2018

The current quarter included a 10-cent per share income tax expense. . Officials said non-interest income was down $684 million from the first quarter of 2018, to about $9 billion in the second quarter, citing lower mortgage banking fees and other income. per share, while earnings came in at 98 cents. Revenue fell to $21.6

South Dakota 101

South Dakota San Francisco Indiana Wisconsin 101

PYMNTS

NOVEMBER 2, 2018

Online spending will increase nearly 15 percent compared with last year, reaching $124.1 Last year’s strong results were thanks to growing wages, stronger employment and higher confidence, complemented by anticipation of tax cuts that led consumers to spend more than expected,” said NRF Chief Economist Jack Kleinhenz. retail websites.

Apple 130

Apple Retail Maine United States 130

Gonzobanker

MAY 31, 2019

While online lenders Kabbage and OnDeck lent $2 billion and $2.5 billion, respectively, to small businesses in 2018, PayPal is now the largest online small business lender in the United States, with over $4 billion funded in 2018. billion to small businesses in 2018, up nearly 36% over 2017 and double that of 2016.

Lending 136

Lending Community Bank Community Data 136

PYMNTS

MARCH 1, 2018

We improved our merchandise margins through strong inventory management and improved promotional and permanent markdowns,” said CEO Kevin Mansell in a statement. All areas [of Kohl’s] effectively managed their expenses.”. The company said new tax legislation boosted its profits by $136 million. Revenue was $6.78

Retail 102

Retail Taxes Management Mobile 102

PYMNTS

MAY 6, 2019

on Monday (May 6), banks and financial service providers are releasing troves of new data on how small businesses are managing money and preparing for growth. Despite the optimism, 64 percent revealed they did not benefit from recent tax reform, and more than one-third are concerned about the health of the national economy.

Survey 115

Survey America Analysis Data 115

PYMNTS

APRIL 12, 2019

With the additions, Prime delivery is now online in 75 U.S. Soon 1,500 autonomous floor-cleaning robots will join the team, along with 300 shelf-scanning robots to check inventory, 1,200 delivery-sorting robots to collaborate with the shelf-scanning robots and 900 automated “pickup towers” for online orders. told Adweek.

Taxes 100

Taxes Retail Columbus Operations 100

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

DECEMBER 28, 2018

Charles Dickens’ famous starter to A Tale of Two Cities , as it turns out, is a pretty good way to sum up the year 2018 from the view of the alternative financial services segment. However, as 2018 wore on, headwinds started to blow back on the segment, most especially in the form of rising interest rates.

Millennials 145

Millennials Lending System Data 145

PYMNTS

AUGUST 9, 2019

Management pointed to a competitive landscape that is becoming more rational – and the firm has even raised prices in some cities, beginning in June. DeepMind, Deep Losses: DeepMind , the Google-owned AI firm, saw pre-tax losses grow to $570 million in 2018, up from $341 million last year. in the latest quarter.

Bitcoin 143

Bitcoin Regulation cryptocurrency Taxes 143

PYMNTS

JULY 22, 2019

An analyst at Baird said the revelations were “unfortunate” but “manageable.”. This week the world got an admission from Bulgaria’s finance minister that a hacker managed to make off with the data nearly every tax paying Bulgarian citizen, according to a report by Reuters. According to the U.S. million lakefront property.

Data 100

Data Security Fraud Indiana 100

PYMNTS

APRIL 19, 2018

Home Depot is one of the few who have managed it – indeed, the $200 billion home-improvement merchant has even seen 135 percent growth in the last five years. The retailer is looking to fill 11,000 new positions, of which 2,000 are management roles. Standing one’s ground in an Amazon -dominated retail market doesn’t happen by accident.

Vermont 100

Vermont New Jersey Connecticut social media 100

PYMNTS

NOVEMBER 26, 2019

Businesses depend on the public services tax revenues pay for: roads that facilitate deliveries, courts where firms resolve legal disputes and regulators that help protect businesses from fraud. Even businesses eager to pay their share, however, may feel that complying with tax laws is complicated. .

Taxes 141

Taxes South Dakota District of Columbia Compliance 141

PYMNTS

OCTOBER 23, 2019

Less fully addressed was the fact that among the defectors from the Libra Association are the online marketplaces that would ostensibly underpin commerce done with Libra — including eBay, and payment networks such as Visa and Mastercard. Some representatives expressed concerns over data management and security. The Crime Factor.

cryptocurrency 100

cryptocurrency Payments Regulation Taxes 100

PYMNTS

OCTOBER 23, 2019

Less fully addressed was the fact that among the defectors from the Libra Association are the online marketplaces that would ostensibly underpin commerce done with Libra — including eBay, and payment networks such as Visa and Mastercard. Some representatives expressed concerns over data management and security. The Crime Factor.

cryptocurrency 100

cryptocurrency Regulation Taxes Data 100

PYMNTS

OCTOBER 23, 2019

The trend promises to heat up even more in the 2020s, and in a new PYMNTS interview, Butch Langlois, president, North America, for cloud-based retail management software seller Vend , provided an in-depth tour of those changes and a glimpse of what’s to come. The average American ate out 185 times in 2018 — dropping from 216 times in 2000.

Retail 101

Retail System Mobile Innovation 101

PYMNTS

AUGUST 17, 2018

All three retailers came in ahead of expectations on earnings, revenue and same-store sales growth; they also saw boosted digital sales figures (an area in which they continue to invest and upgrade) and upwardly revised their predictions for the back half of 2018. percent — the same growth rate logged by online and mail-order retail sales.

Retail 108

Retail Michigan Marketing Report 108

CB Insights

NOVEMBER 21, 2019

Canadian VC-backed companies saw funding drop 13% in H1 2019 compared to H1 2018. A company’s primary line of business is implied by its current serviceable addressable market (SAM), management guidance, marketing materials, press releases, clientele, and/or partnership activity. Accounting and expense management.

Fintech 93

Fintech Marketing US Technology 93

PYMNTS

OCTOBER 5, 2016

The use of prepaid cards has exploded over the last decade or so — in 2003 consumers put less than $1 billion on prepaid cards annually, but by 2012 that figure had grown to $65 billion and by 2018 that figure is projected to reach as much as $121 billion. The user base of prepaid cards has grown significantly as well.

Cards 189

Cards Google Tools Regulation 189

PYMNTS

MARCH 25, 2019

“We started to really think about how [we] not only simplify integration and onboarding, but [how to] better manage operations on an ongoing basis,” he said. “We Instagram is a place for people to treat themselves with inspiration, not a place to tax themselves with errands.

Google 126

Google Data Apple Jacksonville 126

CB Insights

NOVEMBER 5, 2019

In Q2’19, Tencent’s fintech and business services category grew 37% YoY in contrast to 16% growth in online advertising revenue, down from 25% in Q1’19. Tencent is an investor in Xiaobang , which targets middle-income families with online courses on insurance planning and financial education.

Fintech 51

Fintech social media Analysis Marketing 51

PYMNTS

FEBRUARY 12, 2018

The slowing growth is off a big base — and the fast growth of online commerce is coming off a very small one, they say, so it will be a long time before in-store sales really tank. What we get from the Census, then, probably underreports online’s cut of retail sales — but no one really knows by how much. billion people — will own one.

Big Data 135

Big Data Data Retail Marketing 135