Remove Marketing Remove National Remove South Dakota
article thumbnail

What ‘Patchwork’ eCommerce Taxes Mean For Black Friday – And Beyond

PYMNTS

After all, commerce is increasingly done across state lines, and remote sellers have the lure of selling into new and far-flung markets. As has been well-reported in this space, the regulatory landscape is changing for companies in the wake of the 2018 Supreme Court decision captioned South Dakota v.

Taxes 134
article thumbnail

How AML Regulations Are Pulling Credit Unions Into Law Enforcement

PYMNTS

In Rapid City, South Dakota, for example, MED5 Federal Credit Union (MED5 FCU) launched an upgraded website after collaborating with the FinTech OMNICOMMANDER , which works to provide CUs with a variety of online tools, including web design, social media and marketing services.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Young Consumers Love to “Buy Now, Pay Later” – Here’s What to Know About the Explosive Fintech Trend

Perficient

Pay in 4 is not currently available for residents of Missouri, New Mexico, North Dakota, South Dakota, Wisconsin, or any US Territories. Notable merchant partners include Best Buy, Home Depot, and Target. So, if there’s usually no interest being charged for BNPL purchases, how do these companies make any money?

Fintech 474
article thumbnail

Where The Tax Man Will Knock Louder Post-Wayfair — And Sooner

PYMNTS

For retailers and other firms, there’s the persistent lure of broadened reach into new markets. Last year, in the case of South Dakota v. tax authorities are likely to take a cue from Brazil and other nations, where digital taxation has moved ever closer to the transaction. Wayfair, Inc. ,

Taxes 100
article thumbnail

Economic Nexus Laws’ Unexpected Impacts On Restricted Substance Retailers

PYMNTS

State governments began rolling out economic nexus laws after 2018’s South Dakota vs. Wayfair ruling. Retailers in high-tax states have largely not been able to build themselves up or expand online beyond their local markets to the same extent, Rogers said. . Tax support as competitive advantage .

Retail 109
article thumbnail

Ballard Spahr Submits Comment Letter to OCC in Support of Proposed True Lender Rule

CFPB Monitor

Ballard Spahr LLP has submitted a comment letter to the OCC in support of its proposed rule , “National Banks and Federal Savings Associations as Lenders” (the “Proposed Rule”). Three virtually identical Federal Interest Statutes govern interest that may be charged by Banks: Section 85 of the National Bank Act (“NBA”), 12 U.S.C. §

FDIC 78
article thumbnail

From Farce to Menace

Independent Banker

It’s yet another disturbing proposal from the National Credit Union Administration to bureaucratically finagle its way around Congress and federal law. Basically, all air-breathing mammals in the United States would qualify to be credit union members.