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. TaxCloud is delighted to support retailers’ ability to be compliant with the changing sales tax landscape in the U.S.

South Dakota 164

South Dakota North Dakota Taxes Retail 164

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

FEBRUARY 5, 2019

5), details emerged about the success and failure of the new online sports betting regime in the U.S. million worth of wages with legal New Jersey sportsbook operators, but that gambling operators lost $4.6 million worth of wages with legal New Jersey sportsbook operators, but that gambling operators lost $4.6

Las Vegas 122

Las Vegas Online Nevada Mississippi 122

PYMNTS

FEBRUARY 27, 2019

One cannot have the good without the bad, and that holds especially true, it seems, with online product reviews — a vital, useful part of eCommerce that is reviled by consumers, marketplace sellers and merchants alike. Talk to any online shopper, merchant or marketplace third-party seller. It comes from the U.S. FTC Penalty.

Online 108

Online San Francisco California Operations 108

PYMNTS

JULY 3, 2019

In December , local Chinese vendors operating in Yiwu International Trade City were upbeat about the future. . tariffs placed on Chinese exports and a crackdown on eCommerce platforms like Amazon by the European Union to stop online vendors from evading taxes, local Chinese merchants expected cross-border sales to grow.

Training 130

Training Online Taxes Operations 130

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. The program, which began on Dec. 8 and runs until the end of the year, allows shoppers to save up to 150 euros. The government plans to spend 4.75

Cards 188

Cards Payments Taxes Study 188

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

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 company is struggling with online competition and changing clothing trends, like sustainable fashion and secondhand clothing.

Retail 148

Retail Taxes Analytics America 148

Bank Innovation

OCTOBER 27, 2017

EXCLUSIVE- With two products and a recently announced partnership with tax preparation software provider Intuit, Marcus by Goldman Sachs is keen on growing its brand through more new partnerships and products in 2018. The […].

Las Vegas 186

Las Vegas Taxes Software Branding 186

PYMNTS

DECEMBER 26, 2018

and China, local Chinese vendors operating in Yiwu International Trade City are upbeat about 2019. tariffs placed on Chinese exports and a crackdown on eCommerce platforms like Amazon by the European Union to stop online vendors from evading taxes, local Chinese merchants expect cross-border sales to grow.

Training 126

Training Taxes Online Operations 126

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

OCTOBER 24, 2019

The Health Navigator platform was created for integration into online health services, including telemedicine and medical call centers, to standardize the process of working with patients. NRF On The Case For Revising eCommerce Sales Tax Laws. After the 2018 South Dakota v.

South Dakota 111

South Dakota Taxes Payments cryptocurrency 111

PYMNTS

FEBRUARY 2, 2021

To an extent, that same spirit and intention is behind the recent spate of government approvals for online gambling. That leads to the product of said online activity — and that’s money. 1, a milestone that also made Action 24/7 the only locally owned sportsbook gaming operator of four licensed by the state. “I The High Rollers.

Tennessee 262

Tennessee Payments social media Regulation 262

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. Despite Kaola’s impressive growth , NetEase, known for its gaming and music operations, has been looking to sell its eCommerce unit for most of the year.

Online 131

Online Retail Operations Report 131

PYMNTS

JANUARY 15, 2019

Airbnb measures profits through earnings before interest, tax, depreciation and amortization (EBITDA). The online marketplace and hospitality company, which began in 2008, said it will hit 500 million guests by the end of Q1. 15) that it’s been profitable for two straight years, according to CNBC.

Taxes 115

Taxes Online Company US 115

PYMNTS

AUGUST 24, 2017

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. Its small business online revenue also jumped by 30 percent, Intuit said.

Leadership 100

Leadership Taxes Groups Operations 100

PYMNTS

APRIL 1, 2019

workforce (36 percent) participated in the gig economy during 2018. Companies are also turning to digital marketplaces to tap into workers’ expertise while lowering operating costs. . A December 2018 survey from Connect Solutions found that this kind of remote employment offers perks for both workers and employers.

Payments 183

Payments Survey Online Company 183

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

FEBRUARY 8, 2019

It was the day that the online food aggregator announced its earnings, with misses on both revenue and earnings predictions, topped off by guidance that was well below Wall Street estimates. billion tax charge, and adjusted earnings per share (EPS) came in at $.19. Grubhub operates in an increasingly challenging market.

Taxes 148

Taxes Marketing Online Report 148

PYMNTS

NOVEMBER 2, 2018

After Halloween comes the lucrative holiday shopping season — sorry, Thanksgiving, but you’re only a speed bump — but there are serious questions about how happy the fourth quarter will be for some big eCommerce operators. Online spending will increase nearly 15 percent compared with last year, reaching $124.1 retail websites.

Apple 130

Apple Retail Maine United States 130

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. India’s population of 1.3

Taxes 108

Taxes Industry Branding Groups 108

PYMNTS

JUNE 20, 2019

Imran Khan, who spent three years at Snap as chief strategy officer, has created a new retail company, Verishop , which aims to “bring joy back to online shopping, and do it at scale with the ease of online purchasing and fast delivery we’ve all come to expect.” High-End Retail. The company generated about $3.3 Retail Challenge.

Retail 125

Retail Innovation Online Taxes 125

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

AUGUST 20, 2019

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

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. With the additions, Prime delivery is now online in 75 U.S. Walmart started testing two years ago and added a small number of robots to some stores in 2018. told Adweek.

Taxes 100

Taxes Retail Columbus Operations 100

PYMNTS

FEBRUARY 8, 2019

It was the day that the online food aggregator announced its earnings, with misses on both revenue and earnings predictions, topped off by guidance that was well below Wall Street estimates. billion tax charge, and adjusted earnings per share (EPS) came in at $.19. Grubhub operates in an increasingly challenging market.

Taxes 100

Taxes Marketing Online Report 100

PYMNTS

JANUARY 23, 2020

The entertainment, insurance, music, restaurant and retail industries are all experimenting with real-time disbursements, as are healthcare providers and government agencies responsible for taxes and other refunds. Most patient disbursements are made via checks, and 74 percent of consumers received health refunds in this manner in 2018.

Payments 141

Payments Industry Online Survey 141

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.

Branding 150

Branding Operations Leadership Millennials 150

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 7, 2019

Consumers around the world log in to eBay with their Facebook profiles, purchase lunches with Apple Pay and in some cases pay their taxes or register to vote with government-provided digital identities. Balancing the needs for privacy and verification is difficult for any online business lacking a clear-cut solution.

System 131

System Guidelines National Online 131

PYMNTS

NOVEMBER 7, 2019

Brazil’s potential customer base tempts global subscription service providers, as the South American country boasts a population of 200 million and had 132 million people with internet connections in 2018. 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

PYMNTS

MARCH 9, 2018

While the grocer’s earnings fell in line with analysts’ estimates, its projected 2018 earnings disappointed investors, who sent the stock tumbling more than 10 percent. per share in earnings for fiscal 2018. Customers are making purchases on the site at a higher frequency than before and [are] spending more per online order.”.

San Francisco 100

San Francisco Austin Dallas Virginia 100

PYMNTS

FEBRUARY 3, 2020

Staff and customers’ safety is our first priority and we have comprehensive, precautious measures being implemented to all restaurant operations and office staff,” a McDonald’s spokesperson said, according to reports. billion stolen from millions of victims in 2019, over three times more than in 2018. So what did we learn this week?

Bitcoin 132

Bitcoin Data Retail Charlotte 132

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 26, 2019

consumers, Lookiero is probably not all that familiar a name, as the Spain-based firm founded in 2015 operates entirely in the European Union — specifically in the U.K., Once you cross the border the taxes are different, logistics are different, you have to adapt to all of that. For most U.S. We are not like the states in the U.S.,”

Course 116

Course Marketing Data Taxes 116

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

JUNE 10, 2020

Beyond the challenges of the pandemic that is forcing businesses to grapple with all manner of operating challenges, tax complexity has been building over the years on a global stage — and it’s only going to increase. One significant example can be found in the 2018 Supreme Court ruling known as South Dakota v.

Taxes 131

Taxes South Dakota Software Compliance 131