PYMNTS

JULY 1, 2020

Keeping up with customers’ shifting behaviors and preferences amid changing regulations is a familiar challenge for today’s small- to medium-sized businesses (SMBs), but the pandemic’s impact on the scale of digital payments has steepened the learning curve for these merchants. One study found that card-not-present (CNP) transactions rose 29.7

Regulation 160

Regulation Payments Study Online 160

PYMNTS

MAY 8, 2020

consumers more frugal, but other individuals are still turning to retail therapy to cope with stresses. Online gambling or gaming is one possible outlet, and the sector may even make it through the pandemic with less financial damage than other industries. Online Gambling Changes . Shopping on mobile devices has increased 7.7

Online 176

Online Industry New Jersey Pennsylvania 176

PYMNTS

FEBRUARY 14, 2019

From 7-Eleven to H&M , retailers are adopting digital payments and artificial intelligence (AI) technology to bring more convenient experiences to their customers. And retailers with brick-and-mortar locations in North America are starting to accept Chinese mobile payment systems.

Retail 129

Retail Online Payments United States 129

PYMNTS

MAY 9, 2019

The banking regulator in Hong Kong has issued an additional four online-only banking licenses to Ping An, Alibaba, mobile phone maker Xiaomi and a joint venture (JV) consisting of Tencent, ICBC and Hillhouse Capital. Reuters is reporting that this totals eight total licenses handed out by the government. Expect fireworks.”.

Online 171

Online Capital Regulation Fintech 171

PYMNTS

FEBRUARY 6, 2020

Buy now, pay later (BNPL) company Afterpay has pushed back against the Reserve Bank of Australia’s potential regulation of its fees. Afterpay has a market capitalization of around $10 billion. Afterpay CEO Anthony Eisen said the company should be seen as a sales and marketing company, more like Amazon or Google.

Regulation 141

Regulation Google Policies System 141

PYMNTS

APRIL 11, 2019

As online food delivery services proliferate amid the battle for customer loyalty, and as grocery and related stores strive to gain more digital footholds, the online sale of alcohol is growing and becoming a bigger part of all those plans. Online food delivery is in the midst of what might one day be called a golden age.

Online 169

Online Retail Regulation Maine 169

PYMNTS

JUNE 6, 2019

Waste is becoming ever more of a vice, especially among younger consumers, and now regulators. And that seems likely to create new opportunities for certain types of online merchants. Amazon apparently played a part, indirectly at least, in turning public opinion against such retail waste. Amazon’s Role. Liquidation Trends.

Retail 146

Retail New York Online Trends 146

PYMNTS

DECEMBER 28, 2020

Large Chinese companies, including Alibaba and rivals Tencent , food delivery giant Meituan and retailer JD.com , have lost almost $200 billion in Hong Kong since regulators announced last week that they were investigating Alibaba's reported monopolistic practices, according to Bloomberg. Regulators on Sunday (Dec.

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Regulation Google Report Capital 141

PYMNTS

AUGUST 20, 2018

The case against them, and the decision it rendered, deviated sharply from the traditional Sherman Act cases that accused companies of using their market power to raise prices to the detriment of the consumer. In 1946, the year the verdict was reached, A&P was the country’s largest retailer and, obviously, its largest grocery chain.

Regulation 105

Regulation Online Innovation Google 105

PYMNTS

MARCH 30, 2020

California Consumer Privacy Act (CCPA), Washington Privacy Act (WPA) and other new privacy and online transaction standards are changing how businesses interact with consumers’ data in the U.S. retailer trade group, Retail Industry Leaders Association ( RILA ), told PYMNTS in a recent interview.

United States 131

United States Retail Customer Experience Data 131

PYMNTS

MARCH 21, 2019

It might not have been inevitable, perhaps, but it was certainly expected: a regulatory backlash concerning the booming trade (both online and in brick-and-mortar stores) of eCigarettes , with their different flavors attractive to younger consumers — including underaged ones. This will have a huge impact,” Hochrieser told PYMNTS.

Online 152

Online Retail Regulation Trends 152

PYMNTS

NOVEMBER 16, 2020

Regulation. Tencent Holdings President Martin Lau said further regulations are needed in China to mirror a “new reality.”. As technology companies become bigger and more important to the economy, I would say more regulations to reflect the new reality are needed," Lau said, according to the report.

Maryland 151

Maryland Taxes Online Groups 151

PYMNTS

SEPTEMBER 4, 2019

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

Taxes Online South Dakota Louisiana 129

PYMNTS

MAY 6, 2020

The COVID-19 pandemic has had a noted effect on how several industries can operate and interact with their customers during this time including retail stores, movie theaters and casinos. There is one sticking point online casinos need to fix, however, and that is the speed at which consumers receive their winnings.

Online 222

Online Taxes United States Industry 222

PYMNTS

FEBRUARY 3, 2020

tech firms’ dominance across online platforms, and the collection and use of data. The European Union is examining the creation of a single data market that would reportedly challenge tech firms such as Google and Facebook, as Reuters reported. In Europe, another regulatory salvo may be aimed at U.S.

Data 130

Data Marketing Rhode Island Google 130

PYMNTS

JUNE 14, 2019

eCommerce market is far below previous projections. online sales to 37.7 The downward revision of Amazon’s market share comes as the eCommerce giant finds itself, along with Facebook and Google, in the cross-hairs of regulators who believe they’ve grown too large, too powerful and very much in need of antitrust oversight.

Marketing 134

Marketing Retail Data Google 134

PYMNTS

FEBRUARY 28, 2020

The JFTC said that Rakuten’s new initiative could be a disadvantage to some sellers on the site, and that it is still studying what impact the move would have on the market as a whole. Rakuten has been trying to compete with Amazon, even though it was instrumental in the widespread use of online shopping in Japan.

Regulation 131

Regulation Maine Study Retail 131

PYMNTS

SEPTEMBER 3, 2019

consumers are expected to be shopping online by 2021. Merchants working to expand and sell online in more markets must comply with each market’s local sales tax regulations, however, and that is an increasingly complicated task. New online sales taxes aren’t just the dominion of the U.S.

Taxes 133

Taxes South Dakota Online Report 133

CFPB Monitor

SEPTEMBER 22, 2022

The public comment period for the notice of proposed rulemaking (“NPRM”) regarding the Motor Vehicle Dealers Trade Regulation Rule (the “Rule”) closed on September 15, 2022 after the FTC declined in August to extend it.

Regulation 148

Regulation Groups Customer Experience Retail 148

PYMNTS

FEBRUARY 5, 2020

Looks like the digital advertising and marketing sectors are in for a reckoning. How that will affect merchants’ online promotional activity hangs in the balance. The General Data Protection Regulation (GDPR) turns two in May, and just like a toddler, it’s messing things up­ (for some). Together in a Privacy Sandbox.

Google 288

Google Data Regulation social media 288

PYMNTS

OCTOBER 22, 2020

tZERO announced that its tZERO Markets retail broker-dealer subsidiary is now online and has rolled out a web application, according to a Wednesday (Oct. tZERO Markets will begin signing up individual investors based in the U.S., 21) announcement. with intentions to include U.S.

blockchain 168

blockchain Retail Bitcoin cryptocurrency 168

PYMNTS

MAY 18, 2016

In a 405-page document by the United Kingdom’s Competition and Markets Authority (CMA), a number of proposals came to light that would encourage more competition and reform in retail banking.

Retail 100

Retail Regulation Comparison Tools 100

PYMNTS

DECEMBER 27, 2019

With blackjack and roulette on mobile phones, the growing market for online sports wagering in New Jersey has introduced gamblers to virtual casino games. Online casinos’ monthly revenue more than doubled in the 15 months following the rollout of sports betting in June of last year.

NJ 131

NJ New Jersey Las Vegas Online 131

PYMNTS

NOVEMBER 23, 2020

A recent report released by the United Nations found that 132 out of 194 countries have now introduced data protection regulations of some kind, all varying in terms of what type of information they protect and the severity of their restrictions. Meanwhile, other markets are continuing to adjust with their own data protection laws.

Industry 298

Industry Regulation Data Study 298

PYMNTS

SEPTEMBER 4, 2018

A new report says that India’s e-commerce market could hit $150 billion by 2022 due to rising incomes and a boost in Internet users. And the growing e-tail market could grow at a compounded rate of 30 percent each year to surpass $60 billion in market size by 2022.

Marketing 128

Marketing Retail Leadership Study 128

PYMNTS

FEBRUARY 11, 2019

In a world where, as the Census says, 90 percent of retail sales still happen in the physical store, cards rule. That’s been the case in markets such as the U.K. As longtime readers of my columns know well, the 90 percent of retail sales promulgated by the Census is just an average across all categories of retail spend.

Online 197

Online Retail Mobile Branding 197

Perficient

JANUARY 7, 2021

From retail to consumer goods, online and mobile sales are up significantly. The omnichannel (online-offline) approach is essential, but digital has the opportunity to make the most significant impact. The government has regulations for greenhouse gas emissions, and companies have carbon-neutral goals.

Marketing 309

Marketing Industry Mobile Massachusetts 309

PYMNTS

JANUARY 29, 2019

For payments and commerce , there’s another uncertainty that hangs in the air: Will legal online sports betting keep going forward, despite a recent decision by the U.S. First, a review and update about the online sports gambling situation in the U.S. Now, at least eight states have some form of legal online sports betting.

Online 169

Online Las Vegas New Jersey Fraud 169

PYMNTS

OCTOBER 2, 2019

It’s not exactly high time for legal online gambling yet – that comes in early 2020, with the Super Bowl and then the NCAA college basketball tournament – but the betting season is certainly heating up on more ways than one. And that new fuel comes as the legal online and mobile gambling industry in the U.S. has added to that pressure.

Online 134

Online Houston New Jersey Innovation 134

PYMNTS

NOVEMBER 9, 2018

The ascent of eCommerce and the digital tools that support it have made it easier — in both theory and practice — for retailers to not only see how consumers browse and what they buy (to analyze the entire path to purchase), but to get to know them in the same ways as those old-time general store operators who served small towns.

Innovation 174

Innovation Retail Maine Security 174

PYMNTS

FEBRUARY 26, 2019

Caesars Entertainment announced that it has reached an agreement to offer DraftKings , the leading sports-tech entertainment brand in the country, providing market access for its online gaming products. In New Jersey and Mississippi, DraftKings Sportsbook mobile and retail allows players to bet for major U.S. and Australia. .

Online 108

Online Mississippi New Jersey Boston 108

PYMNTS

SEPTEMBER 30, 2019

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. Small tobacco retailers can therefore struggle to build visibility among consumers when entering new markets.

Retail 109

Retail Taxes Virginia South Dakota 109

PYMNTS

NOVEMBER 13, 2020

Ozon , the Russian online retailer, is upping the ante and boosting its planned IPO by half, as it pushes closer to making its debut as a public company. to raise money for expansion back home, Reuters reported , citing three financial market sources. The next developments will hinge on the U.S. In a filing with the SEC on Nov.

Online 188

Online Retail Marketing Security 188

PYMNTS

JUNE 10, 2020

These reasons are driving a surge of interest in and use of remote online notarization (RON) services, according to James Schlimmer , managing partner of Naples, Florida-based notary firm Cottrell Title & Escrow. The state legislature adopted such regulations in late 2019, permitting these services for use beginning in January 2020.

Online 131

Online Florida Meeting Regulation 131

PYMNTS

OCTOBER 19, 2018

They are able to use cutting-edge technology, black-market websites and top-level, nimble and well-secured global networks to work their craft. Those fraudsters can learn new techniques and keep a step ahead of companies, regulators, law enforcement and governments. We have to accept some part of that [friction] for the online world.

Fraud 189

Fraud Online social media Software 189

PYMNTS

JANUARY 22, 2019

Flipkart , a huge eCommerce company in India, has invested $201 million into its wholesale unit, in a bid to stay relevant in an already crowded market that’s been hit with industry-shaking regulatory changes recently, according to reports. Recently, Google entered the market and started offering shopping search services.

Marketing 136

Marketing Regulation Groups Google 136

CB Insights

FEBRUARY 13, 2020

As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Specifically, the Collisons aimed to more seamlessly connect online businesses and payment processors, allowing more businesses to accept online payments.

Online 98

Online Company Retail Payments 98