article thumbnail

How Online Sales Tax Impacts Different eCommerce Models

PYMNTS

Since 1992, when eCommerce was still in its infancy, online retailers have not had to collect sales tax. consumers are expected to be shopping online by 2021. Will this increasingly regulated online sales tax environment affect this growth? Online Sales Tax and Marketplaces. Online Sales Tax and SMBs.

Taxes 129
article thumbnail

As The Online Tax Man Cometh, Will Smaller Retailers Embrace Marketplaces?

PYMNTS

consumers are expected to be shopping online by 2021. The ruling meant that online retailers could be mandated to collect sales tax — and taxes can be levied by states on firms that do not have physical presence in those states. More than 230 million U.S. Thus far, a bit more than a year after the ruling, tax policy remains fragmented.

Taxes 116
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

At home with HOA banking

Independent Banker

Location: Kansas City, Mo. Academy Bank in Kansas City, Mo., is a full-service commercial bank with 80 branch locations in Arizona, Colorado, Kansas and Missouri. It provides a wide range of financial solutions for business and individuals, including commercial and business banking, treasury management, and mortgage services.

article thumbnail

New Cyberattacks Aim for ATM Management Systems

Independent Banker

The software might spy on an employee’s activity to steal his or her passwords to burrow deeper into the bank’s network and ATM management system. An attack might also hijack a consumer’s online banking session using “man-in-the-middle” Trojan to gain access to a bank’s ATM network.

ATM 93
article thumbnail

Ag lending outlook & top challenges

Abrigo

As farmers adjust their credit needs in response, banks with a higher share of agricultural loan activity (“ag banks”) may see demand for loans increase,” Kansas City Fed economist Francisco Scott said in a recent research report. Develop and manage relationships with ag borrowers. Department of Agriculture projects a 4.5%

Lending 195
article thumbnail

Community Bank Outlook: Challenges and Opportunities in 2021 and Beyond

Abrigo

Economy , supervisory and risk specialists from the Federal Reserve of Kansas outline top challenges and opportunities regarding the future of community banking. One key area that can be both an obstacle and an opportunity for community banks is technology, the Federal Reserve Bank of Kansas City says.

article thumbnail

Ask the Experts: Tips on Taking the CAMS Exam

Abrigo

For example, you may feel more confident researching topics online or have more resources available to you now. If so, there are several online ACAMS flashcard sources, some free and some available as a mobile app. How to manage stress. Time management is essential when studying, just like when taking the CAMS exam.

Study 195