PYMNTS

MAY 8, 2020

Online gambling or gaming is one possible outlet, and the sector may even make it through the pandemic with less financial damage than other industries. Online Gambling Changes . The pandemic is sweeping through an already critical year for online betting. Such sites are expecting major growth in the U.S.,

Online 176

Online Industry New Jersey Pennsylvania 176

PYMNTS

SEPTEMBER 15, 2020

In an interview with Karen Webster, Vilash Poovala , founder and CEO of FinTech Oyster , said online financial platforms, powered by open banking, can serve as alternatives for business banking in a country where business banking seems an afterthought. The world needs a FinTech operating system.”. Widening Debit’s Acceptance.

System 258

System Operations Fintech Taxes 258

PYMNTS

JANUARY 3, 2020

In an interview with PYMNTS, Liz Armbruester, senior vice president of Global Compliance at Avalara , said 2019 represented a watershed year for tax compliance as states embraced the economic nexus model and passed marketplace facilitator laws. Imposing state taxes on out-of-state sellers is now the new normal, she said.

Online 132

Online Taxes Compliance Missouri 132

PYMNTS

OCTOBER 24, 2019

Wayfair ruling gave states and cities permission to tax remote sellers and online marketplaces based on their economic participation in the state, regardless of whether they had physical presences. Online retailers aren’t sitting still when faced with new taxes — and some are even fighting back in court.

Taxes 101

Taxes San Jose Kansas South Dakota 101

PYMNTS

SEPTEMBER 27, 2019

Countries around the globe are launching new digital sales taxes in efforts to improve their revenue streams and create more balanced business environments for domestic brick-and-mortars and foreign eCommerce marketplaces. Around the Next-Gen Sales Tax world. in response, threatened a variety of retaliatory taxes.

Taxes 109

Taxes Trends Policies Compliance 109

PYMNTS

SEPTEMBER 30, 2019

Scrutiny of tech firms is spreading across the globe, hinting at broader regulations over privacy and, possibly, bigger tax bills. In one example, Indonesia is “already preparing legislation” that would require tech companies with online services to pay value-added tax on local sales, the report noted. Libra, Too.

Taxes 133

Taxes Regulation cryptocurrency Google 133

PYMNTS

MAY 3, 2016

This is proving particularly true for more and more cash-strapped states that have spent years staring at soaring traffic for online retailers but little — if any — increases in the taxes reaped from this digital, transcontinental economy. proper to occupy much of the conversation. And South Dakota, for one, has had enough.

South Dakota 100

South Dakota Taxes Online North Dakota 100

PYMNTS

APRIL 12, 2016

China has some new taxes on goods imported through eCommerce sites, though it has also removed some duties that had previously been assessed. Food will now import at a higher duty price; previously the tax was 10 percent. Instead, it will wipe out those companies that were only seeking a policy loophole and operating in a gray zone.”.

Taxes 100

Taxes Policies Metro Retail 100

South State Correspondent

JUNE 7, 2023

Bank ERC Background Bank ERCs is a refundable tax credit available to businesses, including financial institutions, affected by the global pandemic as granted under the CARES Act and modified by the Relief Act. For employers with 500 or fewer employees, all wages paid to employees can be qualified.

Taxes 195

Taxes Meeting Operations ATM 195

PYMNTS

AUGUST 12, 2020

In essence, BigCommerce has made the case, through the decision to forge ahead with its IPO, that it prefers to go it alone, so to speak, in its chosen field, helping enterprises (specifically SMBs) get up to speed in eCommerce and set up online stores. million, while the operating loss shrank to $7.5 percent seen in March.

Taxes 276

Taxes Survey Online Tools 276

PYMNTS

APRIL 14, 2017

The result of that effort is the company’s inaugural DataVisor Online Fraud Report, which analyzed more than 1 billion use4 accounts and 50 million malicious accounts to gain insights into what really makes fraudsters today tick. PYMNTS: What was the motivation behind starting the DataVisor Online Fraud report?

Fraud 112

Fraud Online Big Data Taxes 112

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

PYMNTS

APRIL 14, 2020

Food delivery and Uber drivers, for example, are among those still able to work. Delivery drivers or those who pick up food orders for online platforms such as Instacart have seen demand skyrocket as consumers obeying calls for quarantining have ordered food and supplies to their homes rather than venturing to physical stores.

Regulation 285

Regulation Examples United States National 285

PYMNTS

SEPTEMBER 9, 2019

According to payments services provider FIS (via a report from CasinoBeats.com ), “digital wallets will be the preferred method of payment for online gambling activities globally in three years, as further major legislative changes come to the fore. is one of the main examples of that, and a target of EML’s prepaid business expansion plans.

Innovation 137

Innovation Payments Taxes User Experience 137

Abrigo

JANUARY 6, 2017

For example, this technology could help create completely traceable audit trails or ultimately automate the entire audit process. The CEO of Accountingfly, an online career center for accountants, recently told Accounting Today that job opportunities listed as “remote” see seven times more applicants than traditional in-house CPA positions.

Trends 218

Trends blockchain Taxes Survey 218

PYMNTS

JUNE 2, 2020

To that end, and as announced Friday (May 29), Mastercard launched its new Recovery Insights tool that is aimed at helping governments pinpoint where aid needs to flow, and businesses fine-tune operations to serve consumers more efficiently. And as consumers were staying home, they were largely shopping locally.”.

Data 131

Data America New York New York City 131

PYMNTS

JUNE 5, 2019

The real trick is to tie engaging consumer experiences to those cards, which is critical, as prepaid and reloadable cards continue to evolve — moving from plastic cards to mobile accounts that can adapt to an expanding portfolio of use cases, including payroll, online gambling or even consumer and business lending. Cards And Financing.

Cards 158

Cards Las Vegas Innovation Mobile 158

PYMNTS

MARCH 15, 2018

The European Commission is at work on a new proposal that aims to shape how online platforms — spanning eCommerce and mobile apps — rank search results. As has been noted, tech companies have become more highly regulated in Europe, as regulators focus on user data, tax payments and other business processes.

Google 129

Google Apple Regulation Taxes 129

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

APRIL 21, 2016

with its recent offering that allows merchants to accept payments online, it appears that First Data is hot on its tail. Better yet, Clover Online Store is backed by First Data, the eCommerce industry leader that powers 28 percent of global online transactions.”. While Square is going after Stripe (and BlueSnap, and PayPal, etc.)

social media 100

social media Online Data Taxes 100

Abrigo

FEBRUARY 27, 2020

At most banks and credit unions, for example, staff re-enter the same data point between 1 and 5 times. For example, nearly a third of more than 300 bankers surveyed said closing a commercial loan takes 5 to 7 weeks at their financial institution. Abrigo's Business Lending Readiness Survey found many processes stymie those efforts.

Lending 243

Lending Survey Data System 243

PYMNTS

JANUARY 14, 2021

While Target crushed eCommerce and even reported decent in-store sales volume, others like Nordstrom and Urban Outfitters had weak in-store traffic that even fairly good online volume couldn’t overcome. Nordstrom’s Good Online Numbers vs. Target’s Great Ones . All in, overall comparable sales – both online and in-store – grew 17.2

Retail 153

Retail Online Comparison Report 153

PYMNTS

DECEMBER 3, 2019

As digital and mobile technology changes the automotive market, vehicle subscription and online marketplace businesses are also growing, and undergoing changes. Automotive sales are increasing going digital — and more consumers are buying more used products of all types online. Ford Retreat. Proof of that comes from Ford.

Nashville 130

Nashville Tennessee Philadelphia Branding 130

PYMNTS

JANUARY 29, 2020

Borrower protection initiatives have taken aim at predatory lenders, both online and brick-and-mortar, with legislators at the state and federal levels addressing concerns that include a lack of transparency and sky-high fees and interest rates. small businesses had sought a loan online, compared to just 19 percent that did so in 2017.

Lending 136

Lending New York Online New Jersey 136

Independent Banker

SEPTEMBER 30, 2021

Community banks operate on a majority of the country’s military installations. Community banks comprise more than two-thirds of the 66 banks operating on U.S. Borrowers apply online and can go from application to cash in their checking account in as little as four minutes. Photo by: Dero Sanford. By Judith Sears.

Arkansas 168

Arkansas Community Bank Community Operations 168

Perficient

JANUARY 7, 2021

They had to change the way they operate with new social distancing guidelines. From retail to consumer goods, online and mobile sales are up significantly. For example, most batteries can run for 300-400 miles, a far cry from the 100 miles just a few years ago. What about the tax incentives and credits?

Marketing 309

Marketing Industry Mobile Massachusetts 309

PYMNTS

FEBRUARY 8, 2019

It was the day that the online food aggregator announced its earnings, with misses on both revenue and earnings predictions, topped off by guidance that was well below Wall Street estimates. billion tax charge, and adjusted earnings per share (EPS) came in at $.19. Grubhub operates in an increasingly challenging market.

Taxes 148

Taxes Marketing Online Report 148

PYMNTS

MARCH 27, 2020

TrueLayer, which offers open banking application programming interfaces (APIs), recently announced an expanded partnership with ANNA Money , a provider of mobile-friendly business account, card and tax management services to small businesses. A key characteristic of payment initiation under PSD2 is its use of Faster Payments in the U.K.,

Payments 151

Payments Innovation Security Guidelines 151

Abrigo

JULY 15, 2015

The transition from compliance to consulting makes sense: tax season is just that, a “season,” and nearly 60 percent of respondents to a Sageworks survey indicated they saw an increase in total revenue by adding financial services to their accounting practice.

Management 150

Management Resources Capital Taxes 150

PYMNTS

JANUARY 23, 2020

The entertainment, insurance, music, restaurant and retail industries are all experimenting with real-time disbursements, as are healthcare providers and government agencies responsible for taxes and other refunds. restaurant industry is a prime example, with bartenders, servers and other employees widely reliant on cash tips.

Payments 141

Payments Industry Online Survey 141

PYMNTS

NOVEMBER 16, 2017

For example, Wu said, “When we started to sell furniture, we thought, well, let’s see if people want to buy it, and then we’ll figure out how to ship it.”. Making sure he got all that straight was a big chunk of those weekly hours Wu spent managing the company’s payables operations. It was a nice crash course early on,” Wu said.

Taxes 115

Taxes Compliance Course Payments 115

PYMNTS

MAY 9, 2019

Operational pain points are often not addressed until they have to be addressed, then, because of that neglect, they suddenly require all sorts of investments in terms of time and money. He offered the example of Airbnb , which makes its top line through homeowners renting their properties via the platform.

Resources 177

Resources Management Payments Operations 177

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. Report: The Risky Business Of Navigating Online Sales Tax For Merchants. consumers are expected to be shopping online by 2021. Trackers and Reports.

Innovation 116

Innovation Payments Apple United States 116

PYMNTS

JANUARY 14, 2019

The FinTech that sets its sights on Africa must grapple with the vagaries of 54 markets, 54 central banks, disparate tax and legal policies, and changing foreign exchange ( FX ) rates. This deal allows Emergent to extend operations of its digital payments operation, Emergent Payments, into 70 emerging markets.

Mobile 212

Mobile social media Taxes Technology 212

PYMNTS

NOVEMBER 30, 2020

State mandates have also forced some businesses to close or limit on-premises operations, prompting such merchants to connect with consumers online instead. Because if … they have to go through a long, laborious and taxing process, the likelihood of them staying with you through the process goes down dramatically.”.

Cards 151

Cards Security ATM Data 151

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

FEBRUARY 11, 2020

For its three years in operation, Brandless generated no shortage of buzz with its concept of “private label for less” and the idea that the best brand is no brand at all. Facing a growing cash crunch — and trying to streamline its operation — Brandless laid off 13 percent of its staff last March.

Branding 150

Branding Operations Leadership Millennials 150