PYMNTS

AUGUST 16, 2018

retail sales rose higher than expected last month — a sign that the economy remained strong early in the third quarter. According to Reuters , the Commerce Department revealed that, with the exclusion of automobiles, gasoline, building materials and food services, retail sales increased 0.5 percent in July, and rose 6.4

Retail 101

Retail US Michigan Pennsylvania 101

PYMNTS

DECEMBER 16, 2019

15), “the City Council is scheduled to hold a public hearing on a plan requiring new retailers in the area to designate at least 500 square feet of space to fresh food. As reported, the measure would apply to discount and dollar stores, often the main source of retail in so-called food deserts. The measure is expected to pass.”.

Retail 131

Retail Oklahoma City New York City Oklahoma 131

PYMNTS

NOVEMBER 8, 2018

It’s the big stage for retailers, the holiday shopping season – when all the consumer world is watching (and, merchants and payments providers hope, buying more than they did last year). And let these bad memories of holidays past guide you in the coming weeks to ensure that your retail and payments machine is running in top condition.

Retail 129

Retail social media Online Taxes 129

PYMNTS

AUGUST 27, 2018

It’s a good time to be a retail chain. Retail Ascent. Retail is on the ascent. In July, retail sales increased 0.5 Economists had only forecasted retail sales going up 0.1 percent, online and mail-order retail sales increased 0.8 Retailer Woes. Yeah, really. percent, and grew 6.4

Retail 100

Retail Los Angeles Milwaukee Chicago 100

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 23, 2019

The trend promises to heat up even more in the 2020s, and in a new PYMNTS interview, Butch Langlois, president, North America, for cloud-based retail management software seller Vend , provided an in-depth tour of those changes and a glimpse of what’s to come. These days, of course, it’s not just about the payments.

Retail 101

Retail System Mobile Innovation 101

PYMNTS

APRIL 5, 2018

retailers (or any foreign players) to establish a strong presence in the Chinese market. 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. For the U.S., In 2016, $2.19

Retail 115

Retail US Regional Branding 115

MyBankTracker

MAY 20, 2020

That is, it can feel like a windfall of cash – until, that is, you realize you need to report taxes on the interest earned. Still, while the tax part may not be loads of fun, it’s always nice to end up with some unexpected cash. savings bonds that were issued on paper or electronically, and how to report it on your taxes.

Taxes 52

Taxes How To Report Course 52

PYMNTS

FEBRUARY 16, 2018

PepsiCo turned some heads with its quarterly earnings call announcement that it would take some of its tax reform windfall and reinvest it in improving the firm’s eCommerce efforts. And the numbers in this regard don’t lie: Physical retail is growing at a rate of about 3.6 According to PepsiCo CEO Indra K.

Retail 124

Retail Branding Mobile Strategy 124

Independent Banker

APRIL 1, 2021

Unlike our credit union counterparts, we pay taxes, and those tax dollars are spent at home to ensure our communities grow. While we have been challenged far beyond our wildest dreams, community banks have stayed the course in keeping the focus on our communities. Photo by Robert Severi.

Community 103

Community Community Bank Taxes Capital 103

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

APRIL 1, 2016

There are roughly 50 million account files remaining, which are expected to be migrated over the course of 2016. Through its wholly owned subsidiary, TPG, Green Dot is the largest processor of tax refund disbursements in the U.S.

Taxes 100

Taxes Course Online Retail 100

PYMNTS

JULY 29, 2019

As well, the development and deployment of smaller, more efficient point-of-sale systems also serves to encourage the growth of online retail and services. In Africa , he said, three out of four online services rendered – or 75 percent – usually end up not being paid for in full, or remain completely unpaid. Transparency Push.

Online 193

Online Mobile Retail Payments 193

PYMNTS

JUNE 13, 2019

The transactions between businesses are done on an account-to-account basis, as opposed to using the existing correspondent banking network — which, of course, relies on intermediaries. Those options span vouchers, eWallets, as well as online and offline banking. As reported, the launch covers 30 markets globally. Mastercard, Too.

Charlotte 189

Charlotte Payments Taxes Compliance 189

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

DECEMBER 2, 2016

Want tax cuts? Business tax cuts: The corporate world had reason to cheer this week, when Trump’s pick for incoming treasury secretary, Steve Mnuchin, stated that the number one priority in terms of regulation is to roll back parts of Dodd-Frank. percent less according to the National Retail Federation. Questrom noted.

Retail 100

Retail Taxes Data social media 100

PYMNTS

NOVEMBER 16, 2017

These retail products are sourced from around the world to help customers discover new items they haven’t seen before. It was a nice crash course early on,” Wu said. Instead, vendors would send several goods in advance, and Touch of Modern, through Tipalti, was able to issue micro-payments as each item sold online.

Taxes 115

Taxes Compliance Course Payments 115

PYMNTS

OCTOBER 13, 2017

Millennials are less brand-loyal than their parents — though they tend to like quality — which means retailers like Brandless that let them tap and access those preferences have discovered a market looking for attention. Most notably (and most recent) is, of course, the recent Whole Foods Market acquisition. There aren’t sales either.

Branding 100

Branding Taxes Millennials Retail 100

PYMNTS

DECEMBER 5, 2016

Online sales are up this year — and brick-and-mortar foot traffic is down — meaning Walmart is about to find out in real time if its billions invested in leveling up its e-commerce capacity is making a dent in Amazon’s online dominance. of any retailer. percent during the same time period.

Digital Strategies 100

Digital Strategies Strategy Online Retail 100

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. The move comes as cities and states are passing bans on cashless retail establishments, on the argument that such retail discriminates against unbanked consumers.

Taxes 100

Taxes Retail Columbus Operations 100

PYMNTS

FEBRUARY 3, 2020

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

Bitcoin Data Retail Charlotte 132

PYMNTS

AUGUST 3, 2018

They tend to like quality, have a strong preference for shopping online and enjoy a good bargain – but when it comes to buying from a specific brand? It was an insight that pushed Brandless CEO and Co-founder Tina Sharkey to rethink an online commerce offering in a very fundamental way, by eliminating what she calls the “ brand tax.”

Branding 103

Branding Millennials Taxes Seattle 103

PYMNTS

NOVEMBER 14, 2018

Nothing Amazon does exists in a vacuum, of course, and that applies to real estate. Redfin also said that “online views of homes currently for sale in Crystal City and Long Island City on Redfin.com have skyrocketed. As one can imagine, and as PYMNTS reported, the Amazon move comes with significant incentives.

New York City 122

New York City New York Virginia Chicago 122

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

JANUARY 25, 2019

Picture an HVAC maintenance firm that needs to buy equipment before installing it into a building, or the retailer that wants to buy a truckload of sweaters, anticipating the coming season’s “must have” offering. Credit can bridge the gap as companies run their day-to-day operations, and help them capture top- and bottom-line growth.

Retail 159

Retail Capital Data Payments 159

PYMNTS

SEPTEMBER 20, 2018

As The Financial Times put it, Vestager “said that the preliminary probe focused on the online retailer’s dual role as a competitor, but also host, to third-party merchants.”. Last week it announced Souq, an online retail and marketplace website in Saudi Arabia, is launching the Amazon Global Store. European Tone.

Google 124

Google social media Regulation Course 124

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. percent of all retail sales to 6.4 If and when they no longer do, they won’t.

Cards 169

Cards Course Study New York 169

PYMNTS

FEBRUARY 24, 2020

Benjamin Franklin wrote in 1789 that the only certainty in life was death and taxes. They don’t have to sit at home and write checks to pay the bills — they can use online or mobile bill pay to get the job done. Buy buttons on websites save consumers time at checkout and improve online merchant conversions. Maybe even spendable.

Innovation 209

Innovation Study Mobile Online 209

PYMNTS

SEPTEMBER 26, 2019

Lookiero is an online shopping platform that asks customers to fill out a brief online questionnaire to assess their personal style, and then turns that data over to both its in-house staff of personal stylists and its proprietary learning algorithm. Of course they have some strengths, they have a lot more money than us.

Course 116

Course Marketing Data Taxes 116

PYMNTS

JANUARY 24, 2020

Despite Papyrus’ Closing, Stationery Retail Is Not All Doom-And-Gloom. That’s understandable, given how viciously email, texting and other forms of digital and mobile communication have displaced actual writing — which, of course, would seem to reduce the need for actual stationery products. The Bank App Feature 54.1

Payments 150

Payments New York Mobile United States 150

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

BankUnderground

JULY 14, 2020

The response to the Covid-19 pandemic has included closure of retail outlets and social distancing. The largest declines occurred in retail, restaurants and transport, but spending on some items such as online shopping, alcohol and tobacco rose. Sinem Hacioglu Hoke, Diego Kaenzig and Paolo Surico.

National 139

National Retail Groups Data 139

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. He got caught. Third Time Is The Charm.

Fraud 120

Fraud Taxes Community Cards 120

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

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 88

Google Data Retail Policies 88

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

MARCH 25, 2019

The top line, of course, was the announcement that FIS would acquire Worldpay in a deal worth roughly $35 billion. Instagram is a place for people to treat themselves with inspiration, not a place to tax themselves with errands. That checkout experience is powered on the backend by PayPal via its retail partnership program.

Google 126

Google Data Apple Jacksonville 126