PYMNTS

OCTOBER 3, 2019

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. ” “ Quill creates rather than resolves market distortions,” Justice Anthony Kennedy wrote in the majority decision. .”

South Dakota 164

South Dakota North Dakota Taxes Retail 164

PYMNTS

JANUARY 25, 2018

s financial services market is expanding, with FinTechs — dubbed challenger banks — rivaling traditional financial institutions (FIs). The solution provides automated accounting and tax management for its entrepreneur clients. The accounting functionality will be rolled out throughout 2018,” the executive added.

Marketing 109

Marketing Taxes Google Fintech 109

PYMNTS

JANUARY 3, 2020

In an interview with PYMNTS, Liz Armbruester, senior vice president of Global Compliance at Avalara , said 2019 represented a watershed year for tax compliance as states embraced the economic nexus model and passed marketplace facilitator laws. Imposing state taxes on out-of-state sellers is now the new normal, she said.

Online 132

Online Taxes Compliance Missouri 132

PYMNTS

SEPTEMBER 23, 2019

As China increasingly becomes a market economy, the government is becoming more concerned about improper conduct in the marketplace. In 2018, millions of Chinese travelers were banned from buying airline tickets because of outstanding social credit offenses. million times last year for offenses such as unpaid taxes and fines.

Taxes 177

Taxes New York System Training 177

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 Ant operates Alipay, the digital payment service in a battle with Tencent ‘s WeChat Pay for dominance in China.

Taxes 134

Taxes Lending Operations Marketing 134

PYMNTS

DECEMBER 22, 2020

Italian consumers are embracing a new government program aimed at boosting retail sales while tamping down on tax evasion that allows buyers to receive a 10% refund on card payments made in stores. By offering the incentive, they hope to cut down on black market deals and fraud, according to The Financial Times.

Cards 188

Cards Payments Taxes Study 188

PYMNTS

APRIL 16, 2018

tax reform, and strong economic growth around the globe is also benefitting these players. This week’s B2B Data Digest examines the numbers released by the institutions for Q1 2018, highlighting the role corporate and wholesale banking operations did (or did not do) to support an overall impressive quarter. JPMorgan Chase.

Taxes 100

Taxes Lending Operations Data 100

PYMNTS

OCTOBER 2, 2019

Food delivery company Deliveroo saw huge revenue growth in 2018, but its losses also grew as it expanded and poured money into new areas and ventures in the highly competitive food delivery market. million in 2018, up from £106m a year before. percent to £232 million, up from £199 million in 2017.

Taxes 116

Taxes Innovation Meeting Company 116

PYMNTS

SEPTEMBER 30, 2019

The filing will allow the retailer to continue operating while it attempts to reorganize the business and return to profitability. It will continue operations in Mexico and Latin America, the article said. The used-fashion market in the U.S. Forever 21 plans to close up to 178 stores in the U.S.,

Retail 148

Retail Taxes Analytics America 148

PYMNTS

FEBRUARY 2, 2021

1, a milestone that also made Action 24/7 the only locally owned sportsbook gaming operator of four licensed by the state. “I We’re growing a market of people who have never bet before in Tennessee.”. We’re bringing sports gambling out of the shadows,” she said. “A You can’t just go to PayPal and say, ‘I want to deposit $3,000 today.’

Tennessee 262

Tennessee Payments social media Regulation 262

PYMNTS

OCTOBER 13, 2019

Late last month the company announced it was expanding its partnership with Visa to include five new regions in 24 markets including Canada, Japan, Singapore and the U.S. bringing Revolut’s total global footprint to 56 markets. Revolut’s move for new funding isn’t a surprise. banking licence.

Taxes 163

Taxes Fintech Branding Regional 163

Jeff For Banks

DECEMBER 13, 2018

I chose five years because banks that focus on year over year returns tend to cut strategic investments come budget time, which hurts their market position, earnings power, and future relevance than those that make those investments. The Bank operates five full service offices. It also operates 13 Home Loan Centers in Oregon and Idaho.

Oregon 101

Oregon Ohio California Community Bank 101

CB Insights

OCTOBER 21, 2018

The 2018 Fintech 250 have raised approximately $53B in aggregate funding across 947 deals since 2013, and includes startups at different investment stages of development, from early-stage (seed/Series A) companies to well-funded unicorns. The market map below categorizes the Fintech 250 companies based on core area of focus.

Fintech 78

Fintech Lending Capital Analytics 78

PYMNTS

FEBRUARY 8, 2019

If bad days are measured by declines in stock market prices, then yesterday (Feb. billion tax charge, and adjusted earnings per share (EPS) came in at $.19. Grubhub operates in an increasingly challenging market. DoorDash raised $250 million in new funding in 2018, and quadrupled its valuation to $4 billion.

Taxes 148

Taxes Marketing Online Report 148

PYMNTS

SEPTEMBER 3, 2019

Europe’s The Restaurant Group (TRG), which operates over 650 restaurants and pubs across the country, is closing 150 eateries, Financial Times reported on Tuesday (Sept. million pre-tax loss for the first half of this year. In 2018, there were 1,442 restaurant insolvencies, an increase of 40 percent from the prior year.

Groups 109

Groups Taxes Branding Study 109

PYMNTS

MAY 8, 2020

Supreme Court decision allowed sports betting in 2018 and inspired 2019 laws that govern the fledging industry in 10 states and set guidelines such as how online casinos can operate and how sports betting would be taxed. Pennsylvania reported similar figures, with tax revenues from brick-and-mortar gambling declining to $50.5

Online 176

Online Industry New Jersey Pennsylvania 176

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. That’s especially important as businesses gain scale, as they expand reach into new geographic areas — and as they grapple with AP operations.

Management 127

Management Payments Taxes Software 127

PYMNTS

SEPTEMBER 6, 2019

Under the acquisition, Kaola will merge with Alibaba’s Tmall Global while still operating independently to create a massive cross-border eCommerce business. percent share of the market, while Kaola had about 24.5 Market Growth. billion in 2018, noted the report. At the end of last year, Tmall Global held a 31.7

Online 131

Online Retail Operations Report 131

PYMNTS

MARCH 8, 2019

Remember that a big chunk of buying power is concentrated in this generation’s collective wallet, and that if older generations start to unload housing, those homes would presumably stay on the market unless younger buyers — you know, the ones with new jobs and new families — come in to snap them up. PayPal Lending: Takes off in the U.K. ,

Millennials 109

Millennials Taxes Lending Regional 109

PYMNTS

FEBRUARY 21, 2018

That was on top of news that Walmart’s increased profit-margin pressure was pushing an annual revenue estimate for 2018 that missed investor expectations. That mild miss, Walmart noted, came as the firm pulled forward some investments for tax purposes. We had a few operational issues from an inventory replenishment perspective.”.

Online 100

Online Taxes Branding Retail 100

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 21, 2019

With simple packaging that is nondescript by design and an ethos that values simplicity and quality above all, Brandless has made quite a name for itself in the short time it has been on the market since it was founded in 2012. By the numbers , Brandless doesn’t have a notable market share in any of its product categories.

Branding 152

Branding Taxes Retail Marketing 152

PYMNTS

SEPTEMBER 3, 2019

Three stores were shuttered in 2018 as profits dipped due to issues with the input tax credit. Universal Success operates Outback Steakhouse restaurants in Southeast Asia, including Malaysia, Singapore and the Philippines. Financial details of the deal were not disclosed. The total cash consideration will amount to €3.6

Taxes 108

Taxes Industry Branding Groups 108

PYMNTS

JANUARY 16, 2020

To that end, Far Point Acquisition – which operates as a “blank check” company that focuses on financial technology deals – said on Thursday (Jan. raised $550 million in its initial public offering (IPO) in June of 2018. New day, new multi-billion-dollar deal within the payments space. billion euros. The IPO – and Other Attractions.

Payments 100

Payments Taxes Groups Fintech 100

PYMNTS

FEBRUARY 11, 2020

For its three years in operation, Brandless generated no shortage of buzz with its concept of “private label for less” and the idea that the best brand is no brand at all. Facing a growing cash crunch — and trying to streamline its operation — Brandless laid off 13 percent of its staff last March. So what went wrong?

Branding 150

Branding Operations Leadership Millennials 150

PYMNTS

FEBRUARY 27, 2020

In this market? But connecting the dots of the food delivery landscape, the recent fates of money-losing “disruptor” firms in the public markets may give a hint of what’s at stake, and what’s to come, should an IPO indeed come to pass. The notion that the company would be tapping the markets for capital begs the question: Why?

Capital 151

Capital Millennials Marketing Taxes 151

PYMNTS

SEPTEMBER 18, 2019

In a market without Open Banking regulations, FinTechs continue to enter in to the market, collaborating with bank partners to offer their own financial services — which often compete directly with other financial institutions. The delicate balance between bank-FinTech competition and collaboration continues to teeter in the U.S.

Fintech 144

Fintech Payments Meeting Capital 144

PYMNTS

FEBRUARY 6, 2019

Toyota has announced the official launch of KINTO, a new company to manage and operate its car subscription service. Both are monthly fixed-sum services that include insurance payments, vehicle taxes, registration charges and regularly scheduled maintenance of the vehicles. KINTO SELECT will launch on Feb.

Taxes 108

Taxes Branding Company Operations 108

PYMNTS

FEBRUARY 8, 2019

If bad days are measured by declines in stock market prices, then yesterday (Feb. billion tax charge, and adjusted earnings per share (EPS) came in at $.19. Grubhub operates in an increasingly challenging market. DoorDash raised $250 million in new funding in 2018 and quadrupled its valuation to $4 billion.

Taxes 100

Taxes Marketing Online Report 100

PYMNTS

FEBRUARY 14, 2018

Breslow also touted the firm’s nearly $100 million in new funding capacity and a decrease in quarterly operating expenses of $15 million year-over-year. “We OnDeck noted that figure will likely continue to tick up during 2018, as the Fed is forecast to keep raising short-term interest rates. “To By the Numbers. What’s Next.

Taxes 101

Taxes Lending Risk Management Report 101

PYMNTS

JUNE 23, 2017

According to a Bloomberg analysis of Alibaba’s recent filing, Ant Financial saw a 86 percent jump in pre-tax profit to $814 million in the fiscal year that ended in March. Ant Financial operates Alipay, the popular mobile payments service in China. trillion mobile payments market in China. percent of Ant’s pretax earnings. .

Mobile 115

Mobile Taxes Analysis Payments 115

PYMNTS

FEBRUARY 2, 2018

tax laws had on other firms recently reporting results, Mastercard put up numbers Thursday (Feb. Excluding the aforementioned tax impact, earnings per share came in at $1.14, two pennies better than Wall Street expectations. As for its own tax savings, the company will use at least part of the money to boost financial inclusion.

Taxes 100

Taxes cryptocurrency Regional Branding 100

PYMNTS

APRIL 4, 2019

Operational costs and wages are on the rise — pulling down margins — locations are closing and the costs of building out new inventory to replace the shops that are closing down is at all all-time high. billion in 2018. According to the report, total U.S. convenience stores sales surged 8.9 percent to $654.3 percent of total sales.

Operations 102

Operations Trends Marketing Strategies Retail 102

PYMNTS

APRIL 12, 2019

Robotics and automation were areas of focus for both retailers this week as they seek to upgrade their operations in an effort to capture more consumer spend. The eCommerce company further announced it has expanded its grocery pickup to Whole Foods Market to Columbus, Ohio — bringing the total number of pickup markets to 30.

Taxes 100

Taxes Retail Columbus Operations 100

PYMNTS

DECEMBER 11, 2020

The PPP initiative was instrumental in helping small businesses navigate market volatility in the near term. Right now, we've been taking a look at 2018 and 2019 tax returns. From traditional bank loans to alternative financing to other sources of capital like PPP loans , there are many options today, said Puskar.

Lending 233

Lending Capital Resources Taxes 233

PYMNTS

AUGUST 25, 2017

The deal is slated for completion in early 2018, the firms said in a joint statement. The companies, as reported by Bloomberg, have struck the agreement as AmEx is shifting away from what the newswire termed “down-market customers.” InComm is a tech firm which activates credit cards at the point of sale.

Cards 100

Cards United States Taxes Operations 100

PYMNTS

SEPTEMBER 26, 2018

Earlier this year, CoinDesk data revealed more money was raised via ICO in the first quarter of 2018 than in the entirety of 2017, totaling $6.3 ICO market.” “There is a big gap in the market,” says David Siemer, founder and CEO of Wavemaker Partners. billion raised in those first three months. This week, U.S.

Management 164

Management cryptocurrency blockchain Regulation 164