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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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Australia Pushes For eInvoicing Standards

PYMNTS

The Australian Tax Office has pushed for a nationwide standard of electronic invoices after a private-public council approved of the framework for implementing the guidelines, reports said on Monday (Aug. The Australian government is likely to follow suit by adopting the guidelines that have already been adopted by the retail industry.

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Baker Technologies Raises $3.5M, Enables Cannabis Dispensaries

PYMNTS

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. billion in state tax revenue from retail sales by 2020. percent loss in revenues in the retail beer space.

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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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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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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? The government has regulations for greenhouse gas emissions, and companies have carbon-neutral goals.

Marketing 309
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What The Streamlined Sales And Use Tax Agreement Means After Wayfair

PYMNTS

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