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China’s Tax On Foreign eCommerce Sites

PYMNTS

China has some new taxes on goods imported through eCommerce sites, though it has also removed some duties that had previously been assessed. Food will now import at a higher duty price; previously the tax was 10 percent. percent, a dip from the 17 percent currently being charged as a value-added tax in Chinese physical stores.

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Managing Spend In A Sector Where Unplanned Expenses Are The Norm Issues

PYMNTS

The latest Workforce Spend Playbook examines how an increasingly younger workforce is changing employees’ and employers’ approaches to payment and expense spending, as well as the ways manual spending tools could hurt both during tax season and in spend reporting. How Business And Their Workers Can Avoid Frustrating Tax Mistakes.

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Amazon India Gears Up For Festival Season With Furniture

PYMNTS

More than 65 percent of its sales originate from shoppers outside the metros in cities like Raipur, Vellore, Nasik, Udupi, Kollam, Kota and Palakkad. At the same time, the online marketplace provides a nationwide customer base for small- and medium-sized companies in the artisan hubs of Rajasthan.

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HomeLight CEO: Using Tech To Transform Real Estate Sales In The Age Of Social Distancing

PYMNTS

In an interview with Karen Webster, Drew Uher, CEO of HomeLight , an online real estate platform that brings consumers and real estate agents together, said the traditional homebuying process is poised for disruption. As for paperwork, Uher said that the industry is likely to move, increasingly, toward remote, online notarization.

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Sizzle Of The Week: Zelle’s Accelerating Growth

PYMNTS

Marcus : Goldman’s FinTech play on online banking logged $ 35 billion in deposits in 2018, said management during a post-earnings conference call – and this comes only two years after launch. Some troubling trends seem afoot – as all loan types, and all major metro areas measured, saw rising defaults.

Course 159
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Whole Paycheck Tracker: Accelerating Automation To Capture Consumer Spend

PYMNTS

With the additions, Prime delivery is now online in 75 U.S. metros with more set to be added by Amazon by year’s end. Walmart announced on its site this week that it has bought the advertising technology company Polymorph Labs to help it better compete via online digital ads, targeted using shopper data. “We told Adweek.

Taxes 100
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Consumer Lending: Should Banks Do It?

Jeff For Banks

Which we already do via buying mortgage back securities and using loan brokers in metro areas. pre-tax profit as a percent of the portfolio. If we don’t consider how we intend to defend our small business and CRE lending, and re-enter some of these other loan markets, we may end up as a balance sheet for hire. charge-off rate.

Lending 60