CFPB Monitor

OCTOBER 20, 2021

A group of 96 organizations and individuals, who describe themselves as consisting of “consumer, labor, civil rights, legal services, faith, community and financial organizations and academics,” have sent a letter to the CFPB urging the Bureau to regulate fee-based earned wage access (EWA) products as credit subject to the Truth in Lending Act.

Regulation 78

Regulation Groups Analysis Lending 78

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

FEBRUARY 12, 2019

Govindacharya have asked lawmakers in India to call leaders of Google and Facebook to the country to ask them about data privacy and their compliance on tax laws, according to a report from Reuters. The group is asking a parliamentary panel on information technology to investigate the tech giants. We’re calling everyone.

Taxes 108

Taxes Google social media Groups 108

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. Unable to hold in-person meetings—with customers, partners, regulators, industry representatives, and more.

Taxes 195

Taxes Meeting Operations ATM 195

PYMNTS

DECEMBER 2, 2019

These groups also face a common small- to medium-sized business (SMB) challenge — needing to track every transaction to prove fiscal responsibility to donors and regulators. million tax-exempt groups active in the U.S., according to the latest figures from the IRS, which monitors and regulates such organizations.

Management 141

Management Taxes Groups Regulation 141

PYMNTS

AUGUST 24, 2020

Here’s the latest news from Facebook, Amazon and others, which are coming under increasing scrutiny from regulators, trade groups and politicians the world over. Regulations. RILA Joins Trade Groups in Tackling Counterfeit Merchandise. Facebook Supports Data-Portability Law. The support comes before a planned Sept.

social media 152

social media Data Apple Compliance 152

PYMNTS

FEBRUARY 27, 2019

One cannot have the good without the bad, and that holds especially true, it seems, with online product reviews — a vital, useful part of eCommerce that is reviled by consumers, marketplace sellers and merchants alike. Talk to any online shopper, merchant or marketplace third-party seller. It comes from the U.S. FTC Penalty.

Online 108

Online San Francisco California Operations 108

PYMNTS

OCTOBER 28, 2020

Italian competition regulators are probing the Alphabet-owned search and tech giant amid allegations Google has abused its power atop the country’s display ad market, Reuters reported Wednesday (Oct. The probe in Italy comes as Google also faces anti-trust investigations around the world on part of regulators in the U.S.,

Google 101

Google Regulation Taxes Online 101

PYMNTS

APRIL 14, 2020

Gig workers’ rights and benefits — including healthcare and access to unemployment — have become key topics debated by regulators in th e United States as they work to figure out how to provide support. and other countries is the way consumers and regulators th ink about it. How The Pandemic Is Impacting Business Regulations.

Regulation 285

Regulation Examples United States National 285

PYMNTS

JULY 11, 2019

It will allow friends to plan gatherings and pay in groups. The VibePay app makes it easier for groups of friends to plan and pay for their social activities. It takes the pain out of collecting council tax from flatmates and planning holidays with friends,” said Luke Massie, VibePay CEO and founder. “At

Groups 128

Groups Taxes Regulation Maine 128

PYMNTS

MARCH 17, 2020

Craftmakers, according to the regulation, must sell as well as manufacture, with the retail side of the business-boosting commerce in mixed-use districts. The new regulations encourage interaction with the public by also mandating that the artisan businesses offer attractions such as tours and classes. and San Francisco. Starting Jan.

Retail 135

Retail Arlington San Francisco Milwaukee 135

PYMNTS

SEPTEMBER 30, 2019

eCommerce sales tax laws are having unintended consequences in the tobacco industry. These laws were meant to make online sellers face sales tax requirements similar to those for retailers with on-the-ground locations, putting both types of businesses on equal footing. in 2017 had a 52.75

Retail 109

Retail Taxes Virginia South Dakota 109

PYMNTS

SEPTEMBER 16, 2019

The requests come on top of a busy week in antitrust investigations where, as has been widely reported, a group of 50 attorneys general stood on steps of the United States Supreme Court on Monday and announced an investigation into Google’s advertising practices. On the Continent — and Taxes in Sight.

social media 122

social media Google Taxes Arkansas 122

PYMNTS

JULY 5, 2018

Reports are surfacing that, since the European Union’s General Data Protection Regulation took effect on May 25, customers exercising their rights under the law are contacting companies with questions about how their online data is being handled, and to request copies of that data. Breathing Room. Brazil Law?

Regulation 102

Regulation Data Exercises Online 102

PYMNTS

MARCH 4, 2019

According to a report in Reuters , citing Finnish broadcaster Yle, which had access to leaked documents, the money came from companies registered in countries with tax havens, including the British Virgin Islands, Panama and Belize.

Virgin Islands 116

Virgin Islands Taxes Regulation Regional 116

PYMNTS

JULY 23, 2019

million) in funding from tech corporation G-Group, said Ha Trung Kien, G-Group’s chief executive. Vietnam said in January that Facebook violated Vietnamese law in how it managed online content, advertising and taxes. Gapo has received 500 billion dong ($21.55

social media 116

social media Mobile Taxes Compliance 116

PYMNTS

JULY 28, 2016

Airbnb , having staked its claim in urban environs, has said that it is open to market regulations in cities of scale such as Vancouver and others. The firm, according to the Canadian press, has hired Alexandra Dagg to help get ahead of efforts in various locations in Canada to tax and restrict hosting services in general. Down round?

Tennessee 100

Tennessee Taxes Regulation Regional 100

PYMNTS

JANUARY 13, 2020

The Competition Commission of India claimed that the exclusive deals between mobile phone brands and online shopping platforms in addition to allegations of eCommerce firms providing better treatment to specific sellers “merits an investigation.”

Taxes 101

Taxes Branding Regulation National 101

PYMNTS

MAY 2, 2016

It’s a big litigious party out in South Dakota these days, as the state is suing four eCommerce merchants for their lost sales tax – and different merchants (in a separate suit) are suing right back. The group’s suit claims the South Dakota law violates the U.S.

South Dakota 100

South Dakota North Dakota Taxes United States 100

PYMNTS

JUNE 15, 2018

Financing is done through online and web platforms, with instant access to cash. In the Middle East , RAK Bank has said it will offer Sage accounting software to business banking customers, in an agreement that helps those firms manage value-added tax (VAT) compliance mandates.

Fintech 115

Fintech Compliance Software Taxes 115

PYMNTS

SEPTEMBER 20, 2018

European regulators this week continued to show their love, respect and admiration for U.S.-based Assuming that caught your attention, here’s the real story: It’s shaping up as a busy week for regulators in Europe (including Turkey, which for purposes of this article, qualifies as Europe). European Tone.

Google 124

Google social media Regulation Course 124

PYMNTS

MAY 4, 2016

It was only the explosion of online retail and the widening availability of brand-damaging imitations that spurred action. Could it be a situation of particular irony that something similar might be happening to Western online merchants? percent tax. The storm clouds of protectionist trade policy are mounting.

Taxes 100

Taxes Retail Branding Apple 100

PYMNTS

MARCH 15, 2017

Naturally, investors are taking notice — though marijuana is still classified as a Schedule I narcotic by federal guidelines, and regulations in states where cannabis is legal can get complicated. Baker also reports that its capabilities can increase average order size for dispensaries by 40 percent via enabling online ordering.

District of Columbia 101

District of Columbia Technology Guidelines Software 101

PYMNTS

JUNE 14, 2018

Research from Auriemma Consulting Group estimates that identity theft has cost banks at least $6 billion, and cost consumers $58.9 Business identities can be used to open card accounts, initiate wire transfers or commit tax fraud. million, in 2016 alone. with more than 16,800 victims recorded in 2016. .

Fraud 109

Fraud Taxes Resources National 109

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

JANUARY 28, 2019

As has happened so far, India’s government said late last year that new eCommerce regulations would become the law of the land – at the end of this week, on Feb. million fewer jobs would be created, and the government would collect $6 billion less in taxes. While all eyes may be focused on China and the U.S. , In tandem, more than 1.1

Course 188

Course National Online Google 188

PYMNTS

DECEMBER 20, 2017

Understanding how much you’re being paid, and how much goes to taxes, can be easily misunderstood. There are so many regulations to keep track of. Small business owners, on top of other responsibilities, have to quickly get acquire payroll to retain talent and remain tax compliant. You have to figure it out on the fly.

Payments 111

Payments Bitcoin Taxes Trends 111

PYMNTS

APRIL 1, 2019

The initial connection between workers and employers is made online, and many gig workers conduct the entirety of their contract online as well, never setting foot inside an office. Digital marketplaces could be the bridge that helps both groups flourish by way of ad hoc opportunities. .

Payments 183

Payments Survey Online Company 183

PYMNTS

JUNE 5, 2018

With that in mind, The Wall Street Journal had reported that, as part of the deal, investors putting money in the FinTech company must agree not to invest in or raise their stakes in companies controlled by rivals, such as Tencent , JD.com, online services company Meituan-Dianping and eCommerce company Pinduoduo.

Technology 108

Technology Comparison Taxes US 108

BankUnderground

MAY 22, 2024

It is calculated by taking a household’s mortgage payments (including interest and principal) and dividing them by their pre-tax income. Some countries have regulations in place that restrict lenders’ ability to issue mortgages to borrowers that exceed certain DSR limits. The most common one is the gross debt-servicing ratio (DSR).

Survey 55

Survey Lending Policies Analysis 55

PYMNTS

FEBRUARY 10, 2020

The jousting over eCommerce taxes — especially for U.S. Last week in India, the government proposed a tax on eCommerce transactions that will likely increase operating costs for sellers large and small. The tax, technically known as “Tax Deducted at Source” (TDS), is sent directly to an account held by the central government.

Taxes 175

Taxes Illinois Study Operations 175

PYMNTS

OCTOBER 17, 2018

GFA joins a small, but steadily growing, group of CUs that are offering financial services to this emerging market. GFA, however, will offer basic financial tools to these businesses, including access to online banking, checking accounts, debit cards, cash management and payroll services. Based on the latest data from the U.S.

Colorado 126

Colorado Massachusetts US Industry 126

South State Correspondent

OCTOBER 20, 2022

Innovative banks not only provide quick tutorials upfront during the onboarding process but have pre-built customer journeys that follow up with automated educational material around anticipated events such as month-end reconciliation or tax time. The result? Few other customer service channels can do this.

Policies 195

Policies Training Customer Experience Examples 195

PYMNTS

NOVEMBER 26, 2019

Businesses depend on the public services tax revenues pay for: roads that facilitate deliveries, courts where firms resolve legal disputes and regulators that help protect businesses from fraud. Even businesses eager to pay their share, however, may feel that complying with tax laws is complicated. .

Taxes 141

Taxes South Dakota District of Columbia Compliance 141

PYMNTS

OCTOBER 5, 2016

However, the cards have expanded in popularity among consumer groups that are thoroughly banked and who are using the cards as a funds-management tool or to send to money to a third party (a college-aged child, for example). ” They also requested the CFPB “tread lightly” in regulating them.

Cards 189

Cards Google Tools Regulation 189

PYMNTS

OCTOBER 14, 2016

This rogue group also voiced fears that bitcoin’s strong position in the market could be usurped by an alternative digital currency. The group maligned the Scaling Bitcoin conference, suggesting that it was not “data-driven,” and other scaling initiatives, such as Lightning, were dismissed as “vaporware.” online services.

Bitcoin 100

Bitcoin Conference New Hampshire blockchain 100

PYMNTS

MAY 5, 2017

Those online and mobile platforms through which on-demand workers can find work, and through which clients can post a gig, enabling the supply-and-demand ball to keep on rolling. But now, with these technology platforms, they can communicate to each other without both having to be online at the same time.

Online 119

Online Meeting Technology Taxes 119