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Who Pays A Higher Price For Online Sales Tax?

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The 2018 South Dakota v. Wayfair case that allowed states and individual cities to launch tax policies aimed at remote sellers and marketplaces is still reverberating in 2019 and will likely affect online retail in 2020. In Q3 2019, 14 states started collected online sales tax and 11 more followed in October.

Taxes 102
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Lending Is Failing To Live Up To 2018’s Great Expectations

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As of early 2018, U.S. regional bank executives were gearing up for a bumper year, according to Bloomberg. It was almost like a dam broke when the tax legislation got enacted,” said Steve Steinour, CEO of Huntington Bancshares Inc. “We BB&T is expecting to see loan growth between 2 to 4 percent in 2018. Bancorp said.

Lending 100
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Walgreens Fights Promotion Abuse With Digital Tracking

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Digital fraud is a long-running problem for merchants, retailers, banks and businesses of all types. Account takeovers and shipping fraud increased by 347 percent and 391 percent, respectively, between 2018 and 2019, and the pandemic has only exacerbated these issues. Developments From The World Of Digital Fraud.

Fraud 255
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With Argentina’s Economy Slumping, Walmart Sells Stores To Grupo de Narváez

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Walmart is leaving Argentina, announcing a deal to sell its stores there to a regional grocery chain amid an economic crisis that is gripping the South American country. Walmart, the world’s largest brick-and-mortar retailer, announced Friday (Nov. Walmart did not disclose the price of the deal, but it did report to the U.S.

Retail 152
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The Rise Of Faster Disbursements

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In addition, the problem of fraudulent tax returns could keep growing as digital processes come to the tax-filing-and-return space. 172 billion: The value of peer-to-peer (P2P) transfers consumers made via their bank accounts in 2018. 10 : The number of countries in the region in which Grab operates.

Taxes 122
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Virtual Mall Platform Finds Traction

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But a new eCommerce platform coming out of the Alibaba Group in Southeast Asia is bringing a unique business model to malls in that region, one that could provide a blueprint for struggling U.S. Its virtual mall solution is called LazMall , which was launched in August 2018. shopping destinations. mall owners.

Groups 153
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Data Dive, The Bad, The Worse And The Ugly Edition: Store Closures, Coronavirus And Bitcoin

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There was lots to watch in the world of payments and commerce last week, with red flags flown in physical retail, international commerce and crypto. Physical Retail Stumbles Into 2020 . The year got off to something of a rocky start for physical retailers, as the recent spike in store closures carried on and even picked up strength.

Bitcoin 132