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Big Tech Compliance Tracker: EU Watchdogs Make ‘Big Tech Hit List’; France To Go Ahead With Digital Services Tax Plan

PYMNTS

Two government officials from European nations have advocated to have watchdogs engage in preventative measures against Big Tech to reduce their strength and handle on the market, according to reports. It is probable that size and market share will be determining factors in who lands on the “Big Tech hit list.”. Regulation.

Taxes 143
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How Clandestina (Literally) Snuck Into The US Market

PYMNTS

And while those numbers aren’t likely to keep Amazon or H&M up at night, for a small Cuban eCommerce startup operating out of nation where internet access is patchy and from which the company can’t ship goods directly to U.S. as relations between the two nations began to improve in 2014. We’re super-happy.

Marketing 198
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Buying into AML risks in real estate

Abrigo

Key Takeaways Real estate markets are vulnerable to money laundering and fraud because of their transaction size and appreciation over time. The real estate market is enticing to more than just new homeowners or investors. Real estate market AML risks Real estate is a proven, traditional, and well-established marketplace.

El Paso 195
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Sprint And T-Mobile Merger, Spend Management And State Tax Top This Week’s News

PYMNTS

We have a deep dive into spend management in addition to news involving the Sprint and T-Mobile merger, as well as data on state tax laws. . Gov’t Fights States’ Bid To Block Sprint, T-Mobile Merger Saying Move Would Slow 5G. A ‘Diaper’ By Any Other Tax Code: The Complexities Of Selling Across State Tax Laws.

Taxes 101
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Japan Takes Aim At Big Tech eCommerce Transparency

PYMNTS

Earlier this week, Japan ’s cabinet proposed a bill that seeks to, as reported by the country’s national daily, The Mainichi , “improve contract transparency” for deals struck by Big Tech firms — specifically, platform operators — and their smaller vendors. That’s due in part to a sales tax boost that now has been hurting consumer spending.

Taxes 178
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Online Spending Could Top $124B Over The Holidays

PYMNTS

To arrive at the forecast, Adobe Analytics took a look at transactions at 80 of the top 100 retailers in the United States along with visits by consumers to U.S. The National Retail Federation (NRF) revealed in October that holiday sales growth will be higher than the average increase of 3.9 retail websites. percent this year.

Online 160
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Deep Dive: Striking A Balance In Digital ID Security

PYMNTS

It’s undeniably advantageous to the world economy, with a recent study finding that national digital ID systems could induce GDP growth of up to 13 percent. This is an especially popular authentication method in China, where the facial recognition market is expected to reach $9.6 More than 4.5 billion by 2022. with the U.S.

Security 129