PYMNTS

MAY 19, 2020

Payment collections software company Ontario Systems has acquired SwervePay to help bolster its electronic payment capabilities, according to a press release. Ontario Systems aims to sell RevQ+ software on the market, which works with managing the collection of fees for court-ordered debt payment, income taxes and property tax.

System 239

System Payments Taxes Software 239

PYMNTS

OCTOBER 11, 2019

In the digital age, it’s become easier than ever for companies of all sizes to broaden their reach and sell to new markets. But along the way, global digital sales also carry a host of regulatory hurdles when it comes to satisfying various tax regimes.

Taxes 123

Taxes Course Company Training 123

PYMNTS

FEBRUARY 18, 2020

In today’s top news, Alibaba has made almost $3 billion in loans available for companies hurt by the coronavirus, and Japan’s recent sales tax triggers fears of a recession. Japanese Sales Tax Triggers 6 Pct Economic Contraction. Also, HSBC cuts 35,000 jobs and $100 billion in assets in a streamlining and restructuring effort.

Taxes 130

Taxes Apple Payments Cards 130

PYMNTS

OCTOBER 9, 2018

tax reform on the small business community, but so far, small business owners say the overhauls have made little impact on their hiring practices. “We asked, ‘What effect on your hiring plans has the Tax Cuts and Jobs Act had?' . “We asked, ‘What effect on your hiring plans has the Tax Cuts and Jobs Act had?'”

Taxes 140

Taxes Survey Community Regulation 140

PYMNTS

NOVEMBER 16, 2020

Group Seeks to Block Maryland Online Advertising Tax. Marylanders for Tax Fairness is preparing for a battle in January over the state’s attempt to make a digital advertising tax, the Baltimore Sun reported. Maryland legislators ratified the tax earlier in 2020, but Gov. Larry Hogan vetoed the levy. percent to 10 percent.

Maryland 151

Maryland Taxes Online Groups 151

PYMNTS

MAY 22, 2019

Likewise, small business owners need credit to help them get operations in place to get top lines flowing. As relayed in recent coverage and interviews with Fundbox and Keeper Tax, the needs (and opportunities) are significant. trillion: Value of the small business lending market as estimated by the CFPB.

Taxes 134

Taxes Lending Data Operations 134

PYMNTS

DECEMBER 15, 2017

A new survey from Citizens Bank explores how mid-market CFOs in the U.S. are anticipating new technologies and market trends for the year to come, with these professionals signaling interest in real-time and electronic payments. In an announcement Thursday (Dec. In an announcement Thursday (Dec. ”

Marketing 116

Marketing Payments Survey Taxes 116

South State Correspondent

MARCH 21, 2023

ERC gave eligible businesses a refundable tax credit of up to 50% of $10,000 for qualified wages paid per employee. The ERC Assist Program SouthState has partnered with SmartBiz, a fintech company, and several known CPAs and ERC processors to assist banks in processing ERC payments for their small business customers. In 2020, the U.S.

Taxes 195

Taxes Community Bank Community Operations 195

PYMNTS

JUNE 22, 2018

Supreme Court opened the door to state collection of sales taxes for eCommerce purchases, questions swirled about software, Congressional action, marketplace sellers and how consumers would react. First, no sense of sky-is-falling doom emerged from any reliable retail or payments source. A day after the U.S. It accounts for more U.S.

Taxes 114

Taxes Online South Dakota Retail 114

PYMNTS

DECEMBER 22, 2020

Italian consumers are embracing a new government program aimed at boosting retail sales while tamping down on tax evasion that allows buyers to receive a 10% refund on card payments made in stores. By offering the incentive, they hope to cut down on black market deals and fraud, according to The Financial Times.

Cards 188

Cards Payments Taxes Study 188

PYMNTS

FEBRUARY 2, 2021

1, a milestone that also made Action 24/7 the only locally owned sportsbook gaming operator of four licensed by the state. “I We’re growing a market of people who have never bet before in Tennessee.”. Even so, she said there is a lot of room to grow the payments portion of the business. Winning Converts.

Tennessee 262

Tennessee Payments social media Regulation 262

PYMNTS

AUGUST 6, 2019

5) the launch of its MTrac payment platform in the state, designed to facilitate payments down the marijuana supply chain. The platform will go live the same day the state’s legal medical marijuana market goes live, Tuesday (Aug. Global Payout Inc. subsidiary MTrac Tech Corp. announced Monday (Aug.

Louisiana 135

Louisiana Payments Taxes Maine 135

PYMNTS

AUGUST 9, 2019

Corporate foreign exchange brokerage GPS Capital Markets is reportedly up for sale, unnamed sources told PE Hub. GPS Capital Markets, founded by Al Manbeian and Ryan Gibbon, posts between $20 million and $30 million earnings before interest, taxes, depreciation and amortization (EBITDA), one source told the publication.

Capital 108

Capital Marketing Utah Taxes 108

PYMNTS

APRIL 4, 2018

The rise of new technology has dramatically altered the traditional nature of payments, allowing gig workers and full-time workers faster access to their earnings while enabling businesses and banks to move funds more quickly across international borders. Around the Smarter Payments World.

Taxes 100

Taxes Report System blockchain 100

PYMNTS

SEPTEMBER 27, 2018

Western Union is reportedly considering a sale of its business payments operation, unnamed sources told Bloomberg on Wednesday (Sept. They noted, however, that Western Union has not definitively decided to sell its business payments unit and that its plans remain confidential. businesses in their overseas operations.

Payments 198

Payments Conference Operations Taxes 198

PYMNTS

JANUARY 16, 2019

Sage first entered the payroll market in 2015 with the launch of the Sage Payroll Center , enabling its small business accountant users to introduce payroll services for their own business clients. However, the company has been investing more into its cloud operations as of late. million profit upon completion, reports said.

Operations 134

Operations US Taxes Resources 134

PYMNTS

DECEMBER 27, 2019

It’s the end of a short holiday workweek, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in payments and commerce news. 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. .

Taxes 101

Taxes Mobile Management blockchain 101

PYMNTS

DECEMBER 7, 2020

Most are encouraging employees to work from home while also moving their back-office operations online, and payments operations are no exception. Around The B2B Payments For The Virtual Workforce World. The pandemic has fundamentally changed the lives of working professionals across the United States — possibly for good.

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Management Cards Company Innovation 268

PYMNTS

OCTOBER 3, 2019

The move means that users of Stripe’s payments platform can now connect to TaxCloud to manage their U.S. sales tax obligations via the company’s sales tax application programming interface (API). Wayfair last year, many online retailers now have to collect sales tax in additional states.

South Dakota 164

South Dakota North Dakota Taxes Retail 164

PYMNTS

AUGUST 3, 2020

Some accounts say Roman soldiers were periodically paid for their labors in salt, and while compensation methods have evolved considerably since then, the concept of lump periodic payments has endured. On-demand payment options are less prevalent among companies with more traditional workforces than gig platforms. as W-2 employees. .

Payments 211

Payments Taxes Case Study Examples 211

PYMNTS

DECEMBER 10, 2020

In today’s top payments news around the world, Xoom is now offering clients in the U.S., is accelerating market convergence for the Santiago Exchange. Plus, HM Treasury is seeking input on the challenges that the sharing economy brings for value-added tax (VAT). Canada, Europe and U.K. Canada, U.K. Volante Technologies Inc.,

Payments 178

Payments Google Technology Taxes 178

PYMNTS

NOVEMBER 24, 2020

The B2B Software-as-a-Service market has followed a fairy unique evolutionary path over the last few decades. But as Owens explained in a recent conversation with PYMNTS, B2B SaaS firms must be diligent about their approach to the market — particularly as that market becomes increasingly crowded and competitive.

Payments 151

Payments Software Strategy User Experience 151

PYMNTS

SEPTEMBER 27, 2019

This week, two massive deals landed with B2B payments innovators at Fundbox and Tipalti, but they were far from the only players to have secured new funding. BankiFi operates APIs to enable banking clients access to a range of business banking infrastructure to augment their own small business and corporate banking operations.

Payments 149

Payments Capital Taxes Lending 149

PYMNTS

MARCH 2, 2020

Late payments are a reflection of a broader challenge in B2B payments: Large corporate buyers can wield their market power with small suppliers that lack leverage to negotiate faster payment terms. But late payments aren’t the only symptom of unequal B2B relationships. operations.

Payments 143

Payments Report Training Regulation 143

PYMNTS

AUGUST 20, 2019

Middle market companies need help navigating the complexities of accounts payable management, especially when it comes to cross-border, cross-currency payments. In business, process is as important as payments. The company has also focused its efforts on the middle market swath of firms.

Management 127

Management Payments Taxes Software 127

PYMNTS

NOVEMBER 7, 2018

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. bank accounts and receive payments in the U.S., eCommerce operation. We’re super-happy.

Marketing 198

Marketing US United States South Carolina 198

PYMNTS

NOVEMBER 19, 2019

The compliance burden of a legal marijuana business having to manage regulations that vary by state, and between the state and federal level, has created a banking conundrum for a market forced to rely heavily on cash. But the compliance challenges associated with this market are not easily (or quickly) addressed.

Company 109

Company Compliance Payments Taxes 109

South State Correspondent

NOVEMBER 29, 2023

One of the lessons that was driven home at the recent American Banker Small Business Banking Conference in Nashville was the difference in marketing between large national banks and community banks, particularly deposit marketing. The data would indicate not marketing to a new customer is a mistake. There is a reason for this.

Marketing 195

Marketing Regional National Nashville 195

PYMNTS

AUGUST 4, 2019

Gobal investment firm KKR is acquiring a majority in German payments group Heidelpay for more than 600 million euros ($668 million), according to the Financial Times. M&A activity in the payments sector has been booming in recent years as digital alternatives take precedence over cash. “We Heidelpay expects to generate 40.5

Payments 136

Payments Groups Taxes Regional 136

PYMNTS

SEPTEMBER 9, 2019

It’s also the start of another football gambling season — one that involves mobile commerce and digital payments, and companies trying to innovate their way to success in this growing field of transactions. Payments, of course, are a vital part of the whole legal betting process. A key part of user experience is payment speeds.

Innovation 137

Innovation Payments Taxes User Experience 137

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. stimulus payments for citizens, many of whom are living paycheck-to-paycheck. These companies have partnered to enable faster access to U.S.

Online 222

Online Taxes United States Industry 222

PYMNTS

JUNE 29, 2016

Tipalti is getting industry-specific with its supplier payment capabilities. The company announced this week a partnership with Paladin Software, a media technology company, a move that streamlines cross-border payments in the sector, the firms said.

Payments 101

Payments Video Marketing Taxes 101

PYMNTS

NOVEMBER 5, 2019

Merchant acquiring and payments firm Priority Technology has teamed with Company.com to provide access to its full stack of technology, services and payments solutions to Priority Technology’s clients. Company.com was launched in 2008 to offer businesses a one-stop solution to find trustworthy, vetted resources.

Technology 109

Technology Payments Resources Meeting 109

PYMNTS

MARCH 19, 2020

The coronavirus could lead to tens of millions of unemployed workers and could change how businesses operate. ILO Director General Guy Ryder said, per the report, that COVID-19 is no longer just a “global health crisis, it is also a major labor market and economic crisis.” The International Labour Organization (ILO) said as many as 24.7

Taxes 130

Taxes National Retail Report 130

FICO

JUNE 21, 2021

Many credit card issuers were faced with making new operational decisions, adapting to new regulations, and providing a safe and engaging customer experience. Since March 2020, the impact of COVID has also influenced spending patterns, payment rates and delinquency levels across revolving bankcard debt. Payment Transaction Volume.

Trends 52

Trends Marketing Payments US 52

PYMNTS

FEBRUARY 18, 2019

Cryptocurrency has come a long way since bitcoin’s emergence as an unregulated, anonymous payment technology. which the institution plans to deploy in its corporate payments operation. BitRail doesn’t yet operate in the B2B payments space. “Adoption is like water,” he said.

cryptocurrency 175

cryptocurrency Payments blockchain Compliance 175

PYMNTS

AUGUST 9, 2019

FairFX, a subsidiary of international payments firm Equals Group, has acquired Hermex International Limited (HermexFX) for £2 million ($2.4 The eBanking and payments group said the acquisition would help develop the corporate segments of its business and was expected to be “immediately earnings enhancing.”.

Groups 115

Groups Payments Strategy Taxes 115