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Missouri’s Cash Tax Payment Ban Proposal Irks Cannabis Firms

PYMNTS

The state of Missouri is reportedly considering a ban on cash tax payments, a move that has raised concerns for local legal marijuana businesses that are struggling to obtain banking services and relying on cash to remain in operation. On a national level, the U.S.

Taxes 101
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As The Online Tax Man Cometh, Will Smaller Retailers Embrace Marketplaces?

PYMNTS

As commerce has, increasingly, moved into the digital realm, and even the smallest merchants have gone omnichannel, tax policy has evolved as well — although perhaps it may be more apt to say tax policy has scrambled to keep up. Thus far, a bit more than a year after the ruling, tax policy remains fragmented.

Taxes 116
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Online Sales Tax’s ‘Pivotal,’ Post-Wayfair 2019 — And What Lies Ahead

PYMNTS

In an interview with PYMNTS, Liz Armbruester, senior vice president of Global Compliance at Avalara , said 2019 represented a watershed year for tax compliance as states embraced the economic nexus model and passed marketplace facilitator laws. Imposing state taxes on out-of-state sellers is now the new normal, she said.

Online 132
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Small banks: Big challenges and big opportunities

Abrigo

In such an environment, community banks should focus on the power of their relationships with customers, according to Kent Kirby, a retired banker with 39 years of experience in all aspects of commercial banking; lending, loan review, back-room operations, portfolio management, portfolio analytics, and credit policy. The result?

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BEC Attacks Surge As Fraudsters Eye Pandemic Opportunity

PYMNTS

The number of businesses that reported an increase in BEC attacks targeting their operations increased by 36 percent. 115,000 worth of fraudulent payments were reportedly made by former leaders of a small town in Missouri , the New York Times recently reported.

Fraud 148
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The future of workplace flexibility

Independent Banker

Staffers with a hybrid schedule include some commercial lenders as well as those working in the credit unit, finance and accounting, various support operations, insurance and securities departments. Adrian Breen, The Bank of Missouri. Adrian Breen, president and CEO of The Bank of Missouri in Perryville, Mo.,

Missouri 142
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Big Tech Compliance Tracker: Google Faces Questions Over Digital Ads; Australian Watchdog Says Facebook’s Proposed Ban On News Sharing Would Be Its Loss

PYMNTS

The Telecom Regulatory Authority of India (Trai) has decided not to put over-the-top (OTT) companies like WhatsApp, Facebook and Viber under a regulatory umbrella, leaving their operations up to market forces instead, the Financial Express reported. EU Undecided Whether To Appeal Ruling Upholding Apple’s Irish Tax Breaks .

Google 147