PYMNTS

FEBRUARY 18, 2020

The coronavirus outbreak has pushed Japan to the brink of a recession as tourism slides and spending drops in response to a sales tax hike, The Wall Street Journal (WSJ) reported on Monday (Feb. A dip in private consumption was blamed on the hike in the national sales tax to 10 percent on Oct. percent contraction. 1 from 8 percent.

Taxes 130

Taxes Security Industry National 130

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.

Maryland 151

Maryland Taxes Online Groups 151

PYMNTS

AUGUST 10, 2020

Consumers and other businesses can access their tax refunds, benefits, freelance income, insurance claims, dividend payments and other disbursements within 30 minutes of being paid — sometimes even within seconds. We also identified existing market gaps across specific disbursement categories. . We surveyed more than 5,000 U.S.

Report 228

Report Payments Millennials Cards 228

BankBazaar

FEBRUARY 6, 2020

According to FM Nirmala Sitharaman, Budget 2020 has included provisions that would translate to more income and purchasing power for tax-paying citizens. On the 1 st of February, 2020, our Finance Minister (FM) Nirmala Sitharaman announced the Budget for FY 2020-21. Old Tax Rate. New Tax Rate. 2.5L – 5L.

Taxes 78

Taxes National US Marketing 78

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

South State Correspondent

MARCH 21, 2023

Background of ERC ERC exists to assist businesses that were put under severe financial strain due to the government-mandated lockdowns from the 2020 COVID-19 pandemic. In 2020, the U.S. ERC gave eligible businesses a refundable tax credit of up to 50% of $10,000 for qualified wages paid per employee.

Taxes 195

Taxes Community Bank Community Operations 195

PYMNTS

JULY 1, 2020

billion non-cash goodwill charge before tax, as the retailer’s long-haul forecast and market capitalization shifted, mainly due to the coronavirus health crisis. Macy’s Chairman and Chief Executive Officer Jeff Gennette said in the statement, “The first quarter of 2020 was challenging for the country, the industry and Macy’s, Inc.

Taxes 232

Taxes Retail Maine Regional 232

PYMNTS

JANUARY 8, 2020

The digital assets market has grown rapidly and presents various risks, including for retail investors who may not adequately understand the differences between these assets and more traditional products,” according to the office. The list offers up a bit of a roadmap, perhaps, into where we might see change on a number of fronts.

blockchain 138

blockchain Phoenix Compliance cryptocurrency 138

PYMNTS

MARCH 11, 2020

Amid London’s sluggish home sales market, billionaire Henry Cheng Kar-Shun’s firm intends to create its inaugural rental homes at an East London development. The building of the rental units will commence later in 2020, as long as the project gets the green light.

Marketing 130

Marketing Texas Taxes Tools 130

Jeff For Banks

MARCH 21, 2024

Four Years Ago It was on March 11 th , four years ago in 2020, that the WHO declared a global pandemic due to the Covid virus threat that originated in China. In the markets, we watched helplessly as real GDP plummeted -5% in 1Q20 and -31% in 2Q20 before rebounding by +33% in 3Q20. This development could give us good news on inflation.

Marketing 143

Marketing Policies Report Atlanta 143

MyBankTracker

MARCH 24, 2021

The 2021 tax season is likely to stand out from previous years as many Americans might need their tax refunds more than ever. According to a recent MyBankTracker survey, Americans are most likely to put this year’s tax refunds into savings, which may not come as a surprise. percent) of a tax refund for the 2021 tax season.

Taxes 52

Taxes Survey Study United States 52

PYMNTS

DECEMBER 27, 2019

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. . Payments Flash-Forward: Why December 2020 Will Be One To Remember. The country’s Superintendency of Industry and Commerce (SIC) reportedly said Uber went against market rules.

Taxes 101

Taxes Mobile Management blockchain 101

Jeff For Banks

JULY 1, 2024

Financial Markets Update – Second Quarter 2024 A dream vacation! One of the components of the LEI which is up strongly is the S&P 500 stock market index, by +14.5%. Of course, that’s what we lived through from 2010 to 2020. Lower GDP means lower inflation but it may also mean lower tax receipts. for 2024 and 2.0%

Marketing 153

Marketing Conference Policies Survey 153

PYMNTS

JANUARY 1, 2021

The pandemic-induced challenges have also been taxing for community financial institutions (FIs) and credit unions (CUs), as many were not designed to operate remotely. Credit Union. The past year has been one of the most trying in recent memory for lenders as well as consumers. Preventing Financial Crimes.

Trends 259

Trends Video Retail Payments 259

PYMNTS

DECEMBER 27, 2020

As 2020 sunsets, we’ve seen all manner of listings, including previously less-prevalent ones that, in a year like no other, outperformed traditional initial public offerings in terms of dollars raised. As estimated by SPAC Research , 248 SPACs went public in 2020, raising $81 billion. There’s nothing new under the sun, goes the saying.

New York 270

New York US Examples Training 270

PYMNTS

FEBRUARY 1, 2021

Special purpose acquisition companies, or SPACs , are now eyeing the Asian market for merger deals as they compete to finalize deals before their initial public offerings (IPOs) expire. market for taking private companies public. exchanges in 2020, raising $83 billion. According to Bloomberg , 248 SPACs listed on U.S.

Capital 198

Capital Taxes Operations America 198

PYMNTS

MAY 22, 2020

Having previously identified the region’s growing eCommerce market and given the traction witnessed by clients (going) online due to the pandemic, we are on track for the scheduled opening by the end of 2020.”. The proposed 2.1 It will also include warehouses powered by artificial intelligence (AI), restaurants and cafes.

Regional 266

Regional Taxes Groups Technology 266

PYMNTS

NOVEMBER 21, 2016

In other organic grocery news, former Sprouts Farmers Market CEO and current Chairman Doug Sanders is reportedly stepping down from his board position effective Feb. Elsewhere, a new tax is set to be levied on sugary beverages sold in restaurants and supermarkets in five more U.S. 20 of next year. But it’s not impossible.

Online 100

Online Marketing Taxes San Francisco 100

Abrigo

APRIL 22, 2024

Recent dynamics of the small business lending market A deep understanding of the small business lending landscape and potential efficiencies can help banks and credit unions grow their portfolios. Takeaway 2 Several small business lending processes can tax both borrowers and staff. The market surged to as high as $2.4

Lending 243

Lending St. Louis Community Marketing 243

PYMNTS

AUGUST 12, 2020

In a stock market that seems to continuously flirt with new highs, the answer seems to be: Aim for the IPO. Though the stock has backed off sharply as of this writing, trading at a recent $72, the market cap – ostensibly what the public markets would pay to “own” the company – stands at roughly $4.5 million from $10.3

Taxes 276

Taxes Survey Online Tools 276

PYMNTS

DECEMBER 26, 2019

Analysts anticipate additional government reforms in 2020 could help improve stock markets, however. 2019 has been the worst year from an IPO market perspective,” said Sandip Khetan, a partner at consultancy EY. According to data from Refinitiv, funds secured through Indian IPOs dropped to $2.8 billion in 2019. billion in 2018.

Taxes 130

Taxes Marketing Security Industry 130

PYMNTS

JANUARY 25, 2021

Officials have until April 1 to divest from any foreign cryptocurrencies, although they won’t be required to report any crypto holdings for the year 2020, the report stated. The data leaked included names, email addresses, phone numbers, bank account details and tax ID numbers, the report stated.

Bitcoin 261

Bitcoin cryptocurrency Data National 261

PYMNTS

NOVEMBER 22, 2020

There’s no market discipline here,” the paper quotes Yannelis as having said. Student borrowers whose loans are held by the federal government caught a temporary break when Congress passed the CARES Act in March 2020 to provide financial relief for individuals and organizations affected by COVID-19.

Report 283

Report Chicago Analysis Taxes 283

PYMNTS

JANUARY 19, 2021

MEPs will be sending invitations directly to the four biggest tech platforms — Google, Amazon, Facebook and Apple — for a virtual hearing about tax and competition policy, the sources told FT. The EU warned big tech firms in December 2020 that if they don’t police the content on their platforms, they will be subject to fines.

Taxes 153

Taxes Apple Google Regulation 153

PYMNTS

SEPTEMBER 24, 2020

The Digital Commodity Exchange Act of 2020, which was proposed by a U.S. According to a summary of the bill, as cited by CoinDesk, “the proposed legislation builds on the existing commodity market practices required of Futures Commission Merchants (FCMs) to protect customer assets.”. representative Thursday (Sept.

National 121

National Report Taxes Bitcoin 121

PYMNTS

DECEMBER 5, 2019

In the 2020 National Housing Forecast from Realtor.com , a number of predictions stand out, among them that home price growth will flatten, to a rate of about 80 basis points. In addition, according to the study, affordability will be key, which will be a benefit for mid-sized markets. So, too, apparently, does real estate.

Millennials 137

Millennials Nevada Arizona Georgia 137

Abrigo

MAY 22, 2024

Recent stats and dynamics of the small business lending market Understanding the small business lending landscape and potential efficiencies can help banks and credit unions grow their portfolios. Takeaway 2 Several small business lending processes can tax both borrowers and staff. The market surged to as high as $2.4

Lending 195

Lending St. Louis Community Marketing 195

PYMNTS

JANUARY 3, 2020

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

Online Taxes Compliance Missouri 132

FICO

JUNE 21, 2021

Since March 2020, the impact of COVID has also influenced spending patterns, payment rates and delinquency levels across revolving bankcard debt. To date, the US bankcard delinquency rates have improved drastically largely due to reduced transactional spend, tax refunds, government stimulus checks and payment deferment programs.

Trends 52

Trends Marketing Payments US 52

PYMNTS

FEBRUARY 1, 2021

economy and jobs market will take years to recover from the coronavirus economic crash. The recovery is due in part to the overall surge of relief spending Congress authorized in 2020, including aid for households and businesses. The CBO’s projections assume that “current laws governing federal taxes and spending (as of Jan.

Taxes 150

Taxes Analysis Course Report 150

PYMNTS

JULY 19, 2020

Sunil Mehta, CEO of the Indian Banks Association, a Mumbai-based trade association, said he has asked the government to extend tax relief to airlines and others or they will collapse and hurt lenders’ loan books. Every impact on the economy is transferred to the balance sheets of the banks,” he told the paper.

System 204

System Mobile Taxes Analysis 204

PYMNTS

JUNE 18, 2019

The solution also automatically informs business owners when taxes must be paid and automatically calculates tax payments while generating reports for a user’s accountant. With the new funding, PayFit said it aims to double its staff by 2020 from its current level of 300 workers. while Gusto , another U.S.

Taxes 115

Taxes Resources Security Technology 115

PYMNTS

MAY 6, 2020

The pandemic has shut down brick-and-mortar casinos in markets like the United States to help minimize risk, for example, leading consumers to turn to online casinos and sportsbooks. The year 2020 was already set up to be an interesting year for digital gambling, with states opening increased access to online casinos and sportsbooks.

Online 222

Online Taxes United States Industry 222

Bobsguide

MAY 10, 2022

The tech sector’s contribution to GDP has increased 79% since 2016–17 to reach A$167 billion in 2020–21. As a nation of early adopters with a regulatory system that’s open to innovation, Australia is an ideal market to trial new fintech services. This equates to around 8.5% Fintech powerhouse – second in Asia, sixth in the world.

Report 148

Report National Fintech Industry 148

PYMNTS

AUGUST 24, 2020

The news comes as a new Indian equalization measure came into existence in 2020 that puts a 2 percent tax on every digital transaction that foreign online shopping firms conduct. German Gov’t Looks Into Amazon’s Use of Its Market Position Amid Pandemic. Amazon Mulls Registering Services as Separate Entities in India.

social media 152

social media Data Apple Compliance 152

PYMNTS

SEPTEMBER 3, 2019

Why Invisible Will Make 2020’s Payments Innovation Roar. Report: The Risky Business of Navigating Online Sales Tax for Merchants. While consumers are flocking to eCommerce, merchants working on expanding and selling online in more markets must comply with local sales tax regulations.

Innovation 101

Innovation Data Taxes Payments 101

PYMNTS

OCTOBER 1, 2020

Consumers and microbusinesses now get an average of two disbursements each year, excluding tax disbursements from local, state and federal governments. 1: Instant disbursements as a percentage of all non-tax disbursements in the U.S. Fast Fact No. are growing — but slowly. More than two-thirds of consumers (68.1 Fast Fact No.

Trends 306

Trends Study Taxes Payments 306