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South Dakota Sues Wayfair, NewEgg, Overstock And Systemax Over Lost eCommerce Revenue

PYMNTS

It’s a big litigious party out in South Dakota these days, as the state is suing four eCommerce merchants for their lost sales tax – and different merchants (in a separate suit) are suing right back. North Dakota. North Dakota.ā€. The lawsuit has, unsurprisingly, drawn some responses.

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The ICBA 22/23 executive committee is all in

Independent Banker

ā€œIā€™m so inspired by the professionalism, integrity and commitment of our executive committee and board of directors as we work together to serve the needs of community bankers across the nation,ā€ says Terry Jorde, ICBA senior executive vice president and chief of staff. ICBA president and CEO Rebeca Romero Rainey echoes this sentiment.

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From Farce to Menace

Independent Banker

Itā€™s yet another disturbing proposal from the National Credit Union Administration to bureaucratically finagle its way around Congress and federal law. Talk about your captive regulator! When credit unions say ā€œjump,ā€ the NCUA says, ā€œhow high?ā€. Or, more simply, they should adopt a bank or thrift charter. So, yes, here we go again.