What Wayfair’s Lawyer Says About The Wayfair v. South Dakota Decision

PYMNTS

The 2018 South Dakota v. Lawyer George Isaacson argued Wayfair’s side in the historic 2018 South Dakota v. Next-Gen Sales Tax avalara compliance ecommerce Legislation Main Feature News next-gen sales tax next-gen sales tax tracker Remote Sellers sales tax south dakota v.

Deep Dive: The Unfolding Legacy Of South Dakota v. Wayfair

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Such a levy was not legal until last year’s South Dakota v. Inside South Dakota v. North Dakota case that businesses must have physical, in-state presences to be subject to state sales tax requirements. Wayfair, an eCommerce company that sells home goods and furnishings, took South Dakota to court over a remote seller policy the state created in defiance of the Quill Corp. ruling and returned the Wayfair decision to the South Dakota Supreme Court.

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South Dakota credit union's CEO of 10 years resigns

American Banker

Credit unions Industry News Recruiting

Are New Jersey and South Dakota becoming the new tech hiring hotspots?

BankInovation

According to the Mendix 2020 Software Developer Drought Index, counties in New Jersey, South Dakota and Mississippi have the largest gaps between tech jobs and available talent. “The Tech hiring is no longer confined to Silicon Valley.

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.”. Newegg believes South Dakota’s new law is unconstitutional, and intends to defend itself vigorously,” Matt Strathman, associate general counsel at Newegg, said Friday. Regulation Retail sales tax South Dakota

South Dakota merger announced

ABA Community Banking

American Bank & Trust to acquire smaller, in-state peer Management M&A. 1Management

Can South Dakota Move The Needle On A Federal Online Sales Tax?

PYMNTS

And South Dakota, for one, has had enough. Internet Retailer reported that the circuit court filing names Overstock, Wayfair, Newegg and Systemax as retailers that have failed to register their intent to comply with a May 1 deadline set by a law passed back in March imbuing the state legislature with the right to require online merchants selling to South Dakotan shoppers to collect sales tax. North Dakota. If anything, South Dakota is late to the regulatory party.

Best Personal Loans in South Dakota in 2020

MyBankTracker

In South Dakota, most of the largest banks in the state offer personal loans. Since South Dakota residents have a high average credit score (according to FICO), personal loans may come at a low interest rate. Best Personal Loans in South Dakota.

Veteran CEO retiring from Great Western in South Dakota

American Banker

Ken Karels will be succeeded by Mark Borrecco, who had been CEO of Rabobank's U.S. Ag lending Community banking Growth strategies Succession planning

South Dakota Approves 36% Rate Cap on Payday Lenders

American Banker

Voters in South Dakota on Tuesday overwhelmingly approved a measure to cap interest rates on payday, installment and auto title loans at 36%, while rejecting a competing amendment sponsored by a large payday lender. breaking_news consumer-finance law-regulation sd payday marketplace-lending national-regional

South Dakota Is Ground Zero in Battle Over Payday Lending

American Banker

Depending on the outcome of the election, the fight over two conflicting state ballot initiatives could provide a road map for the embattled payday lending industry or consumer activists seeking bans in other states. cfpb doddfrank payday law-regulation

Bitcoin Daily: Anchorage Crypto Startup Sets Up Shop In Sioux Falls; Crypto Scam Steals $900K From Pension Fund

PYMNTS

Before I begin my questions, I just want to take a moment to commend the South Dakota Division of Banking for their forward-thinking and willingness to allow for innovation in the digital currency space. Another founding member of the Libra Association, Anchorage , just received permission from the Division of Banking to become a South Dakota chartered trust company,” he said, according to CoinDesk.

Coronavirus surge in Upper Midwest has bankers on edge

American Banker

South Dakota Credit quality Workforce management Coronavirus Consumer banking North Dakota Community banks WisconsinThe region now leads the nation in virus cases, and with winter lurking the fear is that the outbreak will only get worse.

Gamblers Descend On Reopened S. Dakota Casinos

PYMNTS

Casinos in Deadwood, South Dakota are opening up again , complete with pictures of enthusiastic gamers clad in masks as they crowd around card and dice tables. Safety and Security casinos crowds Deadwood Gaming Liv Hospitality pandemic reopen shutdown South Dakota What's Hot

South Dakota Bancshares to Buy First State Bank

American Banker

South Dakota Bancshares in Pierre, S.D., has agreed to buy First State Bank in Pierre. breaking_news community-banking m-a sd dealmaking-strategy

Cannabis and gambling: State ballot measures that matter to banks

American Banker

Payday lending South Dakota Data privacy California Nebraska Marijuana banking Law and regulationReferendums that legalized marijuana and sports wagering in several states could incentivize banks to do business with companies in these sectors.

Report: The Risky Business Of Navigating Online Sales Tax For Merchants

PYMNTS

Deep Dive: The Unfolding Legacy of South Dakota v. The Supreme Court’s 2018 South Dakota v. Next-Gen Sales Tax Amazon avalara compliance ecommerce economic nexus Featured News fruugo Marketplace News next-gen sales tax tracker online marketplace Platform regulation Retail sales tax SMB south dakota v. Consumers are flocking to eCommerce, and more than 230 million U.S. consumers are expected to be shopping online by 2021.

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Dakotas credit union trade group tweaks branding

American Banker

South Dakota Credit unions Branding North DakotaThe new name is the third time the association has modified its name since leagues for the two states merged in 2007.

Black Hills FCU names longtime exec as next CEO

American Banker

C-suite South Dakota Succession planning HiringChief Operations Officer Jerry Schmidt will take over at the Rapid City, S.D.-based based institution in early January.

Meta Financial gains national lending platform with Crestmark deal

Payments Source

Community banking Commercial lending M&A Growth strategies Payments Michigan South DakotaThe payments company will pay $321 million for Crestmark Bank, a commercial lender that focuses on asset-based lending, equipment finance and government-guaranteed loans.

First State Bank Nebraska Offers Multi-State Rewards Checking Account

BankDeals

First State Bank Nebraska offers its First Rate Checking with competitive rates to residents of Colorado, Iowa, Kansas, Missouri, Nebraska, South Dakota, and Wyoming

Farmers Bank Offers Top-Rate Kasasa Cash In 7 States

BankDeals

Farmers Bank's (IA) Free Kasasa Cash (3.00% APY, up to $25k) is available to residents of Illinois, Iowa, Minnesota, Missouri, Nebraska, South Dakota, and Wisconsin

1 st National Bank Offers Multi-State FNB Cash Checking

BankDeals

1 st National Bank offers its FNB Cash Checking (2.50% APY, up to $35k) in Iowa, Minnesota, North Dakota, South Dakota, and Wisconsin

Frontier Bank's Big Deal Cash Checking Available In Five States

BankDeals

Frontier Bank's Big Deal Cash checking and its companion Big Deal Saver savings account is available online in Iowa, Minnesota, Nebraska, North Dakota, and South Dakota

Google Slapped With Antitrust Lawsuit Filed By Coalition Of 38 States

PYMNTS

In addition to Texas, states involved in the Paxton suit include other Republican attorneys general from Arkansas, Idaho, Indiana, Kentucky, Mississippi, Missouri, North Dakota, South Dakota and Utah.

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Four Points FCU's Unique Money Market And Checking Accounts

BankDeals

Four Points Federal Credit Union's field of membership includes all residents of Colorado, Iowa, Kansas, Missouri, Nebraska, South Dakota, and Wyoming

Black Hills Community Bank (SD) Has Statewide Rewards Checking

BankDeals

Black Hills Community Bank's Community Cash offers a competitive rate on balances up to $25k and is available to all residents of South Dakota through online application

OCC approves trust charter for second crypto firm

American Banker

The OCC decision comes weeks after the agency granted permission to a South Dakota trust company to offer crypto-related services. Protego Trust Bank in Seattle will focus on providing custody services for investors that hold digital assets.

US Voters Approve Sports Betting, Casino Gaming Expansions In 6 States

PYMNTS

In South Dakota, the measure passed allowed Deadwood casinos to add in-person sports betting, though mobile sports betting won't be permitted despite being the largest and fastest-growing subset of the form, the AP writes. One big winner of Tuesday's elections was the U.S.

Google Faces Lawsuit From Multiple States Over Digital Ad Tactics

PYMNTS

In addition to Texas, states involved in the suit include Arkansas, Idaho, Indiana, Kentucky, Mississippi, Missouri, North Dakota, South Dakota and Utah, WSJ reported.

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As Consumers Embrace eCommerce, Tax Complexity Grows

PYMNTS

South Dakota vs. Wayfair was only the beginning. The Supreme Court ruling has started the ball rolling for states and municipalities to tax eCommerce – specifically, out-of-state firms and online marketplaces.

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What The Streamlined Sales And Use Tax Agreement Means After Wayfair

PYMNTS

Economic nexus and marketplace facilitator tax policies rolled out following the 2018 South Dakota v. SSUTA’s Role in South Dakota v. The court did cite South Dakota’s SSUTA membership when allowing South Dakota’s online sales tax law to stand.

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How Merchants Navigate Tax Collection Complexity With Technology  

PYMNTS

2018: The year of the Supreme Court decision in the South Dakota vs. Wayfair case. eCommerce firms are navigating a tax collection environment that increasingly requires technology and automation to ensure compliance. In corporate payments news, Citi is tapping into application programming interface (API) calls to make treasury ops real-time.

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Caesars To Resume Gaming, Hospitality Operations In Vegas

PYMNTS

In Deadwood, South Dakota , casinos began reopening the weekend of May 9-10.

Citi's Mistaken Payment Case Might Be In Wrong Court

PYMNTS

The ongoing case of Citigroup 's accidental $900 million payment to Revlon creditors may now have to be thrown out of court due to a mistake in where the lawsuit was filed, Bloomberg reported. The issue stems from the diversity jurisdiction federal jurors have under Article Three of the U.S.