PYMNTS

FEBRUARY 1, 2021

A Leapfrog To Instant – Or Room For Cards, Too? . The question remains as to whether there will be a leapfrogging from cash to instant payments, bypassing cards along the way. There will be room for payments that ride the card network rails, she said, in addition to direct account-to-account transactions.

Payments 250

Payments Cards Taxes System 250

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. Stripe really did come about because we were really appalled by how hard it was to charge for things online.” — John Collison.

Online 98

Online Company Retail Payments 98

PYMNTS

JANUARY 12, 2021

As PYMNTS has reported, consumer expectations and retail commerce have both evolved quickly to meet the demand that everything from credit to debit cards to digital wallets be on offer as payments choice. Flexibility Is Key.

Payments 260

Payments Compliance Technology Taxes 260

PYMNTS

NOVEMBER 16, 2018

states (and the District of Columbia) where marijuana has been legalized for sale in some capacity, it has thrown off a fairly large chunk of tax revenue in the last year. billion in taxes from legal cannabis companies last year, an amount of money that is undoubtedly a sizzle for the federal coffers.

Taxes 177

Taxes Payments District of Columbia Alabama 177

PYMNTS

NOVEMBER 2, 2018

That deal sees employees able to access their wages more quickly, with Ingo providing push payment technology for workers to use their mobile phones to cash checks or load funds to ADP payroll cards. More recently, QuickBooks announced another integration , too.

Taxes 156

Taxes Resources Compliance Data 156

PYMNTS

AUGUST 3, 2020

Consumers have come to expect on-demand service when they watch movies, make online purchases or hail rides, for example, but this practice contrasts with how most employees are paid. Digital tools like pay cards and apps allow workers to receive earned wages the same day they request them. as W-2 employees. million workers.

Payments 211

Payments Taxes Case Study Examples 211

Abrigo

MAY 11, 2021

An institution can look at their debt-to-income (DTI) ratio, which does not count for living expenses or taxes, or their debt service coverage (DSC) ratio, which is generally the net of their living expenses and taxes. Is it an online business that has seen little disruption from the pandemic? 20/30/50 split over three years).

Analysis 195

Analysis Lending Taxes Comparison 195

PYMNTS

OCTOBER 22, 2018

Fraudsters have found a new favored method for the holidays, the Sears’ bankruptcy filing finally came in and the major card networks found themselves on the wrong side of India’s emerging data privacy efforts. Gift Cards’ New Unfavorable Fans. As of September 2018, losses from gift-card fraud have hit $53 million.

Data 134

Data Fraud Cards Regulation 134

PYMNTS

MAY 16, 2018

Around 20 states have already passed laws or have pending legislation around online gaming and sports wagering. The rest, says Pappano, are going to be scrambling to catch up so they can start to enjoy the potential new tax revenues that legalized gambling can create. Tax revenue is a powerful motivator. Fraud Isn’t A Problem.

Online 100

Online Fraud Industry New Jersey 100

PYMNTS

APRIL 25, 2016

And speaking of free, they surely have a great “free” thing going themselves — they get paid really good salaries and other perks that are – let’s sing this together now – “tax FREE!”. The report says that, “borrowers face steep, hidden costs to their online loans in the form of unanticipated bank penalty fees.”. Interest free!

Regulation 100

Regulation Google Course Cards 100

PYMNTS

OCTOBER 7, 2020

Online retail has exploded in popularity over the past 20 years, with online giants like Amazon, eBay and big-box retailers’ marketplaces becoming consumers’ go-to alternatives to brick-and-mortar merchants. The eCommerce industry is expected to generate $4.5 The eCommerce industry is expected to generate $4.5

Payments 171

Payments Analytics Online Retail 171

PYMNTS

JANUARY 12, 2021

As PYMNTS has reported, consumer expectations and retail commerce have both evolved quickly to meet the demand that everything from credit to debit cards to digital wallets be on offer as payments choice. Flexibility is Key.

Payments 153

Payments Compliance Technology Taxes 153

PYMNTS

MARCH 14, 2018

“The same innovations that power crypto-assets can also help us regulate them,” said Christine Lagarde in an IMF blog post Tuesday, according to CoinDesk reports. Blockchain, on the other hand, has a potential to facilitate data exchange between regulators and relevant parties to combat this threat. In the U.S.,

blockchain 129

blockchain cryptocurrency Regulation Taxes 129

PYMNTS

APRIL 19, 2019

That’s because Strong Customer Authentication (SCA) is on the way in September, but as has been seen with other sweeping changes mandated by regulators and impacting the very way payments are made, lots of folks are not paying attention. That’s important in a world where commerce is increasingly moving online. Retail Sales: Rally 1.6

social media 125

social media Online Regulation Taxes 125

PYMNTS

NOVEMBER 7, 2019

Web-connected Brazilians spend a hefty amount of time online, averaging 26 hours per week, and they rank fourth place worldwide for mobile phone penetration. . 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

JANUARY 3, 2017

Some observers noted that revenue from overdraft fees now outpaces that from pawn shops, payday lenders and tax-refund anticipation cheques put together. “[Overdrafts] allow customers to spend money they don’t have — then punish them for it,” notes Josh Reich, co-founder and CEO of Simple, an online bank based in Portland, Oregon.

Regulation 104

Regulation North Carolina San Francisco Portland 104

PYMNTS

JUNE 14, 2018

Business identities can be used to open card accounts, initiate wire transfers or commit tax fraud. And while small businesses are progressing in their digital transformations, the shift of sensitive data from paper to online systems means public business data can be altered relatively easily by criminals.

Fraud 109

Fraud Taxes Resources National 109

PYMNTS

MARCH 27, 2020

Under PSD2 regulations, Payment Initiation processes enable an end-user to initiate payment to a seller directly from their bank account rather than relying on a third-party payment provider to facilitate the payment. A key characteristic of payment initiation under PSD2 is its use of Faster Payments in the U.K., A B2B Opportunity.

Payments 151

Payments Innovation Security Guidelines 151

PYMNTS

JANUARY 10, 2019

Platform operators and merchants must conduct due diligence related to everything from intellectual property and tariffs to tax laws and FX rates. There’s a relatively new wrinkle, too, as Europe has mandated new data privacy processes in the wake of the General Data Protection Regulation (GDPR). Working with Regulators.

United States 158

United States Regulation Compliance Strategy 158

PYMNTS

JUNE 26, 2020

The government has since turned to prepaid debit cards to reach some of the millions of citizens who fell through the cracks in the early phase of the program. Some are embracing self-service online tools such as websites that allow employees to access information about their pay, vacation time, benefits and other topics.

Tools 130

Tools Cards United States Innovation 130

PYMNTS

AUGUST 1, 2018

The goal is to “create a world-class sports betting and online gaming platform in the United States, well-positioned to engage in the new opportunities created by the recent Supreme Court decision” in overturning state sports gambling bans, MGM said in a press release. That could lead to additional taxes, possibly at or above 15 percent.”.

United States 101

United States Online New York Louisiana 101

PYMNTS

SEPTEMBER 6, 2019

It’s another thing to walk the walk, especially when it comes to giving sellers the chance to gain new revenue via online marketplaces and new markets. Visa: Chip Cards Reduce Counterfeit Fraud By 87 Pct. Chip cards are now accepted at more than 3.7 Regulators Taking Close Look At Payroll-Advance Apps.

Innovation 116

Innovation Payments Apple United States 116

PYMNTS

JANUARY 1, 2021

Many businesses are finding that newer digital payment tools, like virtual cards, offer key advantages to optimizing their B2B processes during the health crisis. “We As told by Citi and GE , the pandemic prompted a massive online shift as stores closed and consumers became wary about venturing out. Credit Union. Digital Identity.

Trends 259

Trends Video Retail Payments 259

PYMNTS

JULY 13, 2018

The current quarter included a 10-cent per share income tax expense. . Second-quarter net income was impacted by a $481 million one-time expense resulting from a key Supreme Court decision related to online sales, South Dakota v. Wayfair, which impacted how states may collect taxes on sales made by out-of-state sellers. .

South Dakota 101

South Dakota San Francisco Indiana Wisconsin 101

Abrigo

MARCH 3, 2021

While none of these typologies of fraud are new, FinCEN provides a few examples of the trending types of EIP-related criminal activities: Fraudulent checks: Criminals send potential victims fraudulent checks, instructing the recipients to call a number or verify information online to cash the fraudulent EIP checks.

Fraud 195

Fraud Payments ATM Trends 195

PYMNTS

DECEMBER 12, 2017

Major retailers such as Target, Home Depot, Walmart and Lowe’s have been forced to introduce stricter return, store credit and gift card policies in response to a troubling trend. They say gift cards are the gift that always fits. Customers cannot use credits to buy gift cards and cannot redeem gift cards for more gift cards, either.

Retail 105

Retail Fraud Cards Florida 105

PYMNTS

JUNE 21, 2019

The aim is to create “an online system where digital currency could be sent and received.” According to the report, State Treasurer Zach Conine “likened the system to gift cards or digital wallet apps, such as Venmo , and said the program would not include broader banking services like loans.”. That bill has not won approval.

Oregon 136

Oregon Payments Nevada NV 136

FICO

JUNE 21, 2021

Many credit card issuers were faced with making new operational decisions, adapting to new regulations, and providing a safe and engaging customer experience. The global pandemic created a seismic shift in volume of online activity and experiences. Over-Limit Spending. Authorization Approval Rates.

Trends 52

Trends Marketing Payments US 52

PYMNTS

NOVEMBER 29, 2017

Florida, which recently legalized medical marijuana, saw its issuing of state ID cards slowed dramatically because Bank of America rather adamantly refused to touch online payments for medical marijuana cards. The exchange we are working on building will be up and launched by Jan.

blockchain 102

blockchain Industry District of Columbia Florida 102

PYMNTS

OCTOBER 8, 2019

This challenge becomes apparent in the B2B eCommerce and eProcurement arena, and was one Helix TCS, a provider of ancillary services for the legal cannabis sector, faced following the firm’s acquisition of eMarketplace Amercanex International Exchange earlier this year in an effort to build out an online B2B marketplace for the industry.

Compliance 114

Compliance Guidelines Industry Taxes 114

PYMNTS

OCTOBER 17, 2018

GFA, however, will offer basic financial tools to these businesses, including access to online banking, checking accounts, debit cards, cash management and payroll services. Recreational marijuana may be legal now, but many FIs remain reluctant to conduct business with marijuana retailers, due to the industry’s controversial nature.

Colorado 126

Colorado Massachusetts US Industry 126

PYMNTS

FEBRUARY 18, 2019

For those charged with managing the consumer’s trust and safety when transacting online, and in the midst of increasingly clever cybercrooks, being comfortable going against the status quo flow has become much more important than ever before, he said. Card Networks Want to Raise Their Prices. Amazon Takes Its Bite Out of the Big Apple.

Cards 169

Cards Course Study New York 169

Javelin Strategy & Research

JANUARY 12, 2022

Reports Section 2022 Cryptocurrency Trends & Predictions Javelin Report Date: December 8, 2021 Authors: Marco Salazar , William Trout , Daniel Gonzalez , Daniel Keyes Research Topic(s): Cryptocurrency The meteoric rise of cryptocurrency so far has outpaced regulators, tax management, and the payments industry. At the financial institu.

Trends 40

Trends Fraud cryptocurrency Austin 40

PYMNTS

AUGUST 3, 2016

But the partnership between Instra and BlueSnap, a global payments company specializing in online payment processing , has handled the challenge with aplomb. company, it faced new compliance regulations, specifically OPEC sanctions. Trading online, the company had to be sensitive to cross-border trading requirements. Compliance.

Compliance 100

Compliance System Online Regulation 100

PYMNTS

DECEMBER 14, 2017

The payment facilitator model eventually emerged from the traditional players (where card fees would be levied on different merchant accounts) and software providers who, said Cottrell, built out software that looked to provide a seamless experience by “getting their customers up and running quickly.”

Software 110

Software Payments Tools Course 110

PYMNTS

NOVEMBER 17, 2016

The CFPB notes in its release on the upcoming inquiry that between deposits, card use, saving and tapping into a host of other common financial services — consumers create a detailed log of their financial activity — the records of which are generally kept by account issuers like banks and credit unions.

Data 100

Data Security Tools Taxes 100

PYMNTS

MARCH 19, 2018

And that we should do that not because they’re tax evaders or evil — all things he said they, like all of us, are. How about Facebook gift cards? You notice it’s your friend’s birthday and have the perfect opportunity to send a … physical gift card that they receive 10 days after the event. A slam dunk for Facebook, right?

Google 148

Google Apple Retail Millennials 148