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Deep Dive: How The COVID-19 Virus Is Impacting The Online Gambling Industry

PYMNTS

consumers more frugal, but other individuals are still turning to retail therapy to cope with stresses. The importance of fast, secure disbursements might hold a different weight now that players are betting online more often and more readily looking for the speeds they experience with typical retail transactions.

Online 176
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Cannabis Cos’ Financial Struggles Spread Far Beyond The POS

PYMNTS

When considering the financial services (FinServ) challenges of the legal cannabis sector, the biggest point of friction that almost always comes to mind first is the point of sale (POS): enabling marijuana businesses to accept electronic payments from their retail customers. A Shifting Regulatory Landscape.

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Credit Union Helps US Marijuana Businesses Put Down Roots

PYMNTS

A few weeks before the CCC issued its final licenses, GFA Federal Credit Union of Gardner, Massachusetts, announced it would be willing to work with legalized marijuana businesses, extending financial services to the industry and providing marijuana retailers with the same financial benefits used by traditional businesses.

Colorado 126
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Interview: Gary Johnson on How COVID-19 Can Power the Electric Vehicle Market

Perficient

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. What about the tax incentives and credits? No one knew what to make of it. At the same time, dealers were closing their doors temporarily to help reduce the spread.

Marketing 309
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Time to Sell Your Business? Make the Most of it.

FirstInternet

That may mean everything from getting accounting or taxes up to date to making a store more attractive and updating – or upgrading – operating systems. If the business is not in retail, reliance on a single customer that represents more than 20 percent of revenue could putting sales at risk if it is lost. Have an exit strategy.

Taxes 82
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Reverse Trend

Independent Banker

billion in assets and operates 60 retail locations, is licensed to originate reverse mortgages in most of the United States. New FHA guidelines. More of the bank’s retail loan staff members also are being trained to start the reverse mortgage application process. FirstBank, which has $2.3 About the market.

Trends 70
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Fizzle Of The Week: The Cannabis Payments Conundrum

PYMNTS

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