PYMNTS

JANUARY 28, 2019

The rules mandate that eCommerce marketplaces operated by tech juggernauts such as Amazon and Flipkart (and, by extension, Walmart , which owns 77 percent of Flipkart) won’t be able to sell offerings that come from companies in which they have equity stakes – translating into part-ownership, of course. In tandem, more than 1.1

Course 188

Course National Online Google 188

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. Numerous economic, social and technological trends are rendering this system more outdated, however. The Flexible Pay Imperative And On-Staff Workers.

Payments 211

Payments Taxes Case Study Examples 211

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

NOVEMBER 15, 2016

In a recent column featured in Forbes , the thinking goes that online retail has managed to disrupt the lives of many a brick-and-mortar retailer. There’s another existential threat here, as online retailers must grapple with other online retailers. Some numbers belie the pressures at hand.

Retail 100

Retail Bitcoin Taxes Online 100

PYMNTS

NOVEMBER 16, 2017

It was a nice crash course early on,” Wu said. And the team got another crash course in tax compliance after the first year, when a lack of planning left them scrambling at tax season to hunt down information and vendors — some of whom had since gone out of business. It just took a while to find the right one.

Taxes 115

Taxes Compliance Course Payments 115

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.” The challenge, of course, is significant. High-End Retail.

Retail 125

Retail Innovation Online Taxes 125

PYMNTS

MARCH 23, 2020

The cascade effect of multi-state lockdowns has had a chilling effect on any number of verticals, from airlines, of course, to hotels. To get a sense of how deep the disruption has been, she told Webster that her husband runs an accounting, tax and financial consulting business for smaller firms such as restaurants and day care facilities.

New York 183

New York Course Massachusetts Industry 183

PYMNTS

FEBRUARY 14, 2020

But, Turner contended, the issue has increasingly been on the radar for federal and state governments since 2008 when the financial crisis and ensuing recession sent them on a quest to fund new sources of tax revenues. If workers are classified as employees, taxes get withheld — and, of course, are paid to the government.

California 160

California Oklahoma Meeting Taxes 160

PYMNTS

AUGUST 5, 2019

That new industry is growing, and new services, including online ordering and delivery, are rising to meet consumer demands for legal pot. Navigating corporate ownership can be complex, particularly for companies that have operations outside of their domestic markets and set up separate entities for many legitimate reasons.

Company 163

Company Payments Fraud Meeting 163

PYMNTS

NOVEMBER 14, 2018

The Seattle-based eCommerce operator and cloud computing provider decided to build in both Crystal City, an urban area in North Virginia near Washington, D.C., Nothing Amazon does exists in a vacuum, of course, and that applies to real estate. and in Long Island City, a neighborhood in Queens, New York City. In the week ending on Nov.

New York City 122

New York City New York Virginia Chicago 122

PYMNTS

SEPTEMBER 20, 2018

The way the eCommerce operator uses the data it collects from those merchants who list and sell their products via Amazon’s marketplace, putting them into competition with the marketplace host. Expansion into Turkey is just the latest in Amazon’s efforts to be operational across the globe. based tech firms operating there.

Google 124

Google social media Regulation Course 124

Jeff For Banks

MARCH 27, 2022

Imagine, holding lenders accountable for the continuous pre-tax profit and ROE improvement of their loan book, like the table below. A bank CEO recently asked me if I thought using branch pre-tax profit rankings amongst all of his bank's branches would be an incentive that is consistent with the bank's strategy.

Montana 78

Montana Taxes Strategy Leadership 78

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. Of course, we won’t undertake such experiments cavalierly. told Adweek.

Taxes 100

Taxes Retail Columbus Operations 100

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

JANUARY 3, 2020

More than 9,300 stores went dark, and among them were locations operated by marquee names, such as Sears , Party City and Payless. These retailers — the surviving ones, of course — are in for an even rockier road if an economic downturn materializes. A bit closer to home, 2019 marked a record year in the U.S. —

Retail 131

Retail Samsung National Taxes 131

PYMNTS

APRIL 19, 2019

As noted in this space this past week, SCA has goals that are laudable by any measure, as the SCA requirement seeks to reduce fraud and make online card-not-present (CNP) transactions more secure. That’s important in a world where commerce is increasingly moving online. Retail Sales: Rally 1.6 Facebook: Data as a weapon?

social media 125

social media Online Regulation Taxes 125

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., Of course they have some strengths, they have a lot more money than us. For most U.S. France, Spain, Luxembourg, Belgium and Italy. We’re not worried. he pointed out.

Course 116

Course Marketing Data Taxes 116

PYMNTS

FEBRUARY 3, 2020

And of course, the new year is roughly only a month old. 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. Starbucks has also closed over 2,000 locations in China.

Bitcoin 132

Bitcoin Data Retail Charlotte 132

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. There are many online merchants out there that have static, hard-coded tax rates in their systems.”.

Taxes 131

Taxes South Dakota Software Compliance 131

PYMNTS

NOVEMBER 22, 2017

Account takeover fraud , card-not-present (CNP) fraud, tax fraud, selling stolen financials, selling fake bank accounts, the Dark Web: If security experts are fighting it today, chances are that Brett Johnson was there when it started. Of course, the buyer knew right away that she’d been scammed. They tried, but I wouldn’t listen.”.

Fraud 120

Fraud Taxes Community Cards 120

PYMNTS

JANUARY 20, 2017

However, recently the People’s Bank of China pointed to irregularities in the operations of bitcoin exchanges BTCC, Huobi and OKCoin as the cause of the recent rollercoaster ride in bitcoin’s price, said Reuters. These accusations have been levied by digital currency detractors in the past (not without at least some good reason, of course).

Bitcoin 100

Bitcoin Taxes Security Operations 100

PYMNTS

NOVEMBER 19, 2018

Except, of course, for the 26 or so percent of you who have already finished your Christmas shopping – you guys can enjoy an especially long tryptophan nap, we guess. FLEETCOR, for its part, has affirmed its continuing interest in using M&A to grow its operations. “I On the menu this week: FLEETCOR “Family” Set to Get Bigger.

Data 122

Data Cards Taxes Payments 122

PYMNTS

NOVEMBER 29, 2019

By some estimates, total dollars spent online through the holidays should grow by about 14 percent, to as much as $143.7 And in the wake of all those sales lies a pressing issue for merchants plying their trades online: figuring out the tax liabilities. States have been defining their parameters for economic nexuses.

Taxes 134

Taxes South Dakota New York Nebraska 134

PYMNTS

AUGUST 30, 2019

The only certainties in life, the saying goes, are death and taxes. We’ll underscore the certainty of the latter — taxes — for eCommerce firms and sales taxes , especially. Although taxes may be certain — just how much tax is due, and where, and perhaps even when, are all variables that are far from certain.

Taxes 136

Taxes South Dakota United States Policies 136

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.

Cards 169

Cards Course Study New York 169

PYMNTS

JANUARY 25, 2019

Credit can bridge the gap as companies run their day-to-day operations, and help them capture top- and bottom-line growth. For those firms seeking access to credit, lenders will often start with the SMB principal’s FICO score or tax returns from the past few years, which can be an inefficient barometer of credit risk.

Retail 159

Retail Capital Data Payments 159

PYMNTS

SEPTEMBER 13, 2017

We all know the lure of China’s consumers for retailers and merchants of all stripes and sizes operating across the globe. Gathering wallet share of hundreds of millions of young, urban and newly flush Chinese consumers as they search online for goods and services is increasingly attractive for merchants and marketplaces alike.

San Francisco 101

San Francisco Compliance Regulation Branding 101

PYMNTS

DECEMBER 14, 2017

There are, of course, hurdles in the form of all the different governing bodies that manage the process of becoming a PayFac, which means that companies starting the journey must self-examine and determine what it will take to get registered with that designation. theorized the executive, who, of course, noted that those stats would improve.

Software 110

Software Payments Tools Course 110

PYMNTS

OCTOBER 23, 2019

Restaurants looking to compete against meal kit subscriptions and online grocers are increasing their patronage by accelerating and improving their services. These days, of course, it’s not just about the payments. Recent PYMNTS research puts an even finer point on the issue, and from the point of view of the restaurant industry.

Retail 101

Retail System Mobile Innovation 101

PYMNTS

AUGUST 27, 2018

percent, online and mail-order retail sales increased 0.8 In addition, tax cuts and higher savings are also playing a role in the rise in retail sales. Not every retailer is experiencing good times, of course. Service stations saw receipts that went up 0.8 percent, and spending at restaurants and bars increased 1.3 New Concepts.

Retail 100

Retail Los Angeles Milwaukee Chicago 100

Abrigo

FEBRUARY 4, 2015

In October, PayScale, the online salary, benefits and compensation information company, reported that 82 percent of companies were worried about employee retention , up from 60 percent in early 2014. Never mind complex tax regs—it''s workforce retention that''s keeping employers awake at night.

Management 150

Management Survey Industry Strategy 150

PYMNTS

SEPTEMBER 6, 2016

It may seem like global expansion for the expense management company, but according to CEO David Barrett, it’s simply a reflection of the already globalized operation of the company. where there is still a lag in recognizing the value of online accounting.” Expensify announces today (Sept. And in contrast to the U.K.,

Report 100

Report Management Technology Tools 100

PYMNTS

MARCH 25, 2019

The top line, of course, was the announcement that FIS would acquire Worldpay in a deal worth roughly $35 billion. We started to really think about how [we] not only simplify integration and onboarding, but [how to] better manage operations on an ongoing basis,” he said. “We Worldpay’s Big Week.

Google 126

Google Data Apple Jacksonville 126

Tomorrow's Transactions

SEPTEMBER 18, 2014

Now, as I’ve written before, one of the difference between Japan (and Korea) and Europe was that mobile contactless was driven by operators who have market power that it is quite different to the European operators. But things have been changing there and it’s not all about the operators any more. Banks have been active as well.

Taxes 51

Taxes Mobile System Cards 51

BankUnderground

JUNE 29, 2022

Just as doctors monitor in real time the vital signs of their hospitalised patients to determine the best course of treatment, economists are turning towards a real-time tracking of economic conditions to inform policy decisions (for example, through proxy for GDP and inflation ). Application to the food and retail businesses.

Google 84

Google Data Retail Policies 84

BankUnderground

JULY 14, 2020

The largest declines occurred in retail, restaurants and transport, but spending on some items such as online shopping, alcohol and tobacco rose. We use an anonymized transaction level dataset provided by Money Dashboard (MDB), a free online personal financial management company operating in the UK.

National 137

National Retail Groups Data 137

PYMNTS

APRIL 5, 2018

Of course, all these efforts will be affected by the escalating trade war between the two countries, and likely not for the better. For China, the tax hikes target everything from soybeans to aircrafts. products — worth, yes, $50 billion. For the U.S., The country has also increased tariffs on many imported U.S. In 2016, $2.19

Retail 115

Retail US Regional Branding 115