PYMNTS

JANUARY 3, 2020

A bit closer to home, 2019 marked a record year in the U.S. — More than 9,300 stores went dark, and among them were locations operated by marquee names, such as Sears , Party City and Payless. National Returns Day : The dawn of the new year heralds a spike in returns of unwanted gifts. According to stats, Jan.

Retail 131

Retail Samsung National Taxes 131

PYMNTS

JUNE 22, 2020

In response, Brookfield has asked them to provide extensive financial information, including personal tax returns for 2019 and 2020, the merchants told the Times. We are now focused on national tenants,” Brookfield told the Financial Times. “We As those centers get back to operating, we expect those collections to recover.”.

Payments 146

Payments Retail Taxes Management 146

FICO

JANUARY 18, 2019

Despite advances in customer due diligence, including the addition of advanced analytics to compliance officers’ toolkits, the scandals of 2018 confirmed that many banks are struggling to bring their operations up to regulators’ standards, to say nothing of best practices. Watch this space for more on financial crime compliance!

Compliance 40

Compliance Regulation Taxes Analytics 40

Jeff For Banks

NOVEMBER 24, 2019

The bank, First National Bank of Keystone, was $1.1 billion in assets, had 87 full-time equivalent employees, and accounted for two-thirds of the town's tax revenue. She effectively ran the bank and its operations. And so went the birth of First National Bank of Keystone's meteoric rise.

National 78

National West Virginia Virginia Pennsylvania 78

PYMNTS

AUGUST 6, 2019

With government agencies working to combat tax evasion and fraud, eInvoice mandates mean a reduced risk of invoice fraud and greater visibility into trade and transactions. on the benefits of an eInvoicing mandate, noting that it would address the nation’s current tax challenges. On Monday (Aug.

Regional 108

Regional Taxes System Guidelines 108

PYMNTS

FEBRUARY 3, 2020

By comparison, 2019 saw 9,200 stores closed as brands like Payless ShoeSource, Fred’s, Gymboree, Charlotte Russe, Family Dollar, Forever 21 , Charming Charlie, Sears, Kmart, A.C. Dark web drug sales were up 60 percent, hitting $601 million from January to March 2019, according to blockchain analysis firm and government advisor Chainalysis.

Bitcoin 132

Bitcoin Data Retail Charlotte 132

PYMNTS

MAY 16, 2019

Death, taxes and data breaches – those are perhaps the only sure things in life, and new evidence is emerging that hackers are finding increasing profit in targeting online retailers. The news comes amid yet another online retail cyberattack, this one targeting Japan’s Fast Retailing, the company that owns the Uniqlo retail chain.

Retail 218

Retail Online Cards Data 218

BankUnderground

JULY 14, 2020

This gives a near-real time read on consumer spending, without the publication lags associated with national accounts consumption data. We use an anonymized transaction level dataset provided by Money Dashboard (MDB), a free online personal financial management company operating in the UK.

National 139

National Retail Groups Data 139

TrustBank

APRIL 26, 2021

This law passed in 2019 and flew under most people’s radar throughout 2020 because, well, we had a few other things going on in 2020… a pandemic with massive business closures and unemployment, social unrest, a presidential campaign, more social unrest, etc. percent payroll tax on all employee wages, beginning January 1, 2022.

Washington 64

Washington Taxes Idaho Oregon 64

Independent Banker

JANUARY 31, 2022

Corporate relocations and expansions—influenced by factors like affordability, low corporate tax rates, no personal income tax and a rich talent pool—have contributed to a momentum that isn’t likely to subside soon. billion to the state’s GDP in 2019, according to state records. The Houston metro took the 10th spot with a 20.3%

Texas 182

Texas San Antonio Community Bank Community 182

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. In 2019 Walmart plans to employ $11 billion in capital expenditures. Amazon is advancing warehouse automation tech with a big leveling up of its autonomous cart technology.

Taxes 100

Taxes Retail Columbus Operations 100

PYMNTS

FEBRUARY 10, 2020

The jousting over eCommerce taxes — especially for U.S. firms operating on an international scale — is about to get more heated. Last week in India, the government proposed a tax on eCommerce transactions that will likely increase operating costs for sellers large and small.

Taxes 175

Taxes Illinois Study Operations 175

TrustBank

DECEMBER 8, 2022

The BEA calculates the personal saving rate by subtracting taxes from personal income to arrive at “disposable personal income” and then subtracts personal outlays. From 1990-2019, US personal saving began to trend lower, averaging only 6.4% What’s left is an estimate of personal savings. over that 30-year period.

US 52

US Policies Taxes Washington 52

BankUnderground

AUGUST 30, 2023

Profits versus excess profits: measurement and trends Measuring profits is a challenging task : national accounts data are affected by the ‘mixed income’ of self-employed, taxes and subsidies, and conflate two different dynamics: those of the market and non-market (real estate and public) sectors.

Capital 57

Capital Comparison Maine Industry 57

PYMNTS

NOVEMBER 29, 2019

And in the wake of all those sales lies a pressing issue for merchants plying their trades online: figuring out the tax liabilities. At the same time, navigating tax policies is proving to be a complex business. tax policy at Avalara , noted that this holiday season is the second one post-Wayfair. The hard part?

Taxes 134

Taxes South Dakota New York Nebraska 134

Abrigo

JUNE 4, 2019

The Federal Deposit Insurance Corporation (FDIC), the National Credit Union Administration (NCUA), the Board of Governors of the Federal Reserve System (FRB), and the Office of the Comptroller of the Currency (OCC) have put out a joint statement addressing many frequently asked questions about the new standard. the incurred loss method).

Policies 186

Policies Capital Report FDIC 186

Lex Sokolin

DECEMBER 25, 2019

If you read anything but this newsletter, you’ve got to read: Blockchain Capital’s 2019 Year in Review Messari Research Crypto Theses for 2020 DappRadar 2019 dapp Industry Review Decentralized Finance Overview So let’s narrow our entire lens to decentralized finance. Two 2019 symptoms have caused this rush?—?Facebook’s

blockchain 52

blockchain Bitcoin Software Lending 52

PYMNTS

NOVEMBER 30, 2020

million) financial penalty to Facebook and has pursued a criminal probe for allegedly sharing the personal data of users with other operators in the absence of permission, Reuters reported. “We to the nation’s prosecution for a criminal probe. Chicago Alderman Proposes Tax on Deliveries. billion won ($6.06 for bulkier parcels.

Taxes 130

Taxes Chicago Compliance Apple 130

PYMNTS

AUGUST 5, 2019

Consumers worldwide appear increasingly receptive to subscription offerings, with a recent survey of those in 12 countries finding the share of adult respondents who have subscription services rose from 53 percent in 2014 to 71 percent in 2019.

Payments 115

Payments Compliance Operations System 115

CB Insights

JUNE 6, 2019

The company announced it was effectively ceasing operations immediately and filing for Chapter 11 bankruptcy, putting more than 1,100 people out of work overnight. In tests conducted by the National Highway Traffic Safety Administration (NHTSA), The Coda was awarded a rating of 5 stars out of 5 for its side-impact and rollover tests.

Apple 78

Apple Branding Google Company 78

CB Insights

SEPTEMBER 17, 2018

In 2017, US private-label food sales grew three times faster than those of national manufacturers’ products, and the competition is heating up. This data underpins other improvements to Kroger’s operations. Target plans to launch another twelve private-label clothing brands by 2019. This helps them increase their margins.

Industry 67

Industry Branding Retail US 67

CB Insights

JUNE 14, 2018

Housing supply is dire nationally, with the US reportedly staring down a housing shortage of 7.3M Now, startups and tech giants are getting in the mix, trying to fix the ways the real estate industry designs, builds, and operates. Home prices rose 6.2% Construction industry trends. Katerra is also expanding its factory capacity.

Seattle 56

Seattle Capital Industry New York 56

Abrigo

FEBRUARY 15, 2023

Foreign and domestic terrorist financing – Terrorists require financing to recruit and support members, fund logistics, and conduct operations. Domestic terrorists, known as domestic violent extremists (DVEs), operate primarily within the U.S. Many TCOs currently operate in the U.S., The most common type of terrorism in the U.S.

Fraud 195

Fraud United States Training Policies 195

PYMNTS

DECEMBER 12, 2018

The American Bankers Association has stated that “we believe the time has come for Congress and the regulatory agencies to provide greater legal clarity to banks operating in states where cannabis has been legalized for medical or adult use.”. There will be some attention, of course, on how cannabis firms can access banks.

Company 170

Company Taxes Compliance Industry 170

PYMNTS

AUGUST 10, 2020

It also ignored the reality that between 2017 and 2019, analysts reported that roughly 23,144 physical stores had closed. Mall operators have tried new tactics to reverse the tide, some even turning malls into experience centers — a mix of stores, restaurants and other attractions. Horses didn’t come with those built-in dependencies.

Retail 291

Retail US Innovation Report 291

PYMNTS

SEPTEMBER 27, 2019

Even say in a dispensary that is legally operating under state law. The card networks and nationally licensed banks working across state lines would violate the RICO anti-money laundering laws if they attempted to move the payment. That cash-only policy isn’t limited to transactions for many dispensary owners. The Proponent’s Pitch .

Taxes 151

Taxes Compliance District of Columbia Industry 151

PYMNTS

FEBRUARY 14, 2019

The hearing itself was a small victory for proponents who wish to open up the banking system to legal pot operators. That’s because it marked the first hearing dedicated to a proposed bill in Congress that would offer financial institutions protections against federal regulators when dealing with legal cannabis operations.

Oregon 230

Oregon Colorado Operations Washington 230

PYMNTS

FEBRUARY 13, 2019

The hearing itself was a small victory for proponents who wish to open up the banking system to legal pot operators. That’s because it marked the first hearing dedicated to a proposed bill in Congress that would offer financial institutions protections against federal regulators if dealing with legal cannabis operations. Cash Dangers.

Oregon 115

Oregon Colorado Operations Washington 115