South State Correspondent

NOVEMBER 14, 2024

Background We combine our experience with data from the Federal Reserve and a recent study by Lu, Song, and Zeng at the University of Washington and the University of Pennsylvania that analyzed 50 billion transactions across multiple banks and credit unions.

Payments 195

Payments Study Survey Data 195

PYMNTS

APRIL 27, 2020

Nothing brings money to top of mind like tax season — and tax refunds and stimulus payments , doled out in the wake of a pandemic known as the coronavirus. The trillions of dollars in stimulus funding and tax refunds being extended to families, individuals and businesses is coming — but slowly. Tax refunds? Very slowly.

blockchain 272

blockchain Taxes Industry Payments 272

PYMNTS

SEPTEMBER 30, 2019

eCommerce sales tax laws are having unintended consequences in the tobacco industry. These laws were meant to make online sellers face sales tax requirements similar to those for retailers with on-the-ground locations, putting both types of businesses on equal footing. in 2017 had a 52.75

Retail 109

Retail Taxes Virginia South Dakota 109

SWBC's LenderHub

MARCH 13, 2020

As our leaders in Washington DC bicker over a fiscal response to COVID-19, mostly coming up with ideas that look to win votes (payroll tax holidays, guaranteed sick leave for everyone, tax credits for affected companies) as opposed to actually saving the economy from a credit induced depression, it looks like it is on the Fed again to do the job.

DC 78

DC Taxes Washington Company 78

PYMNTS

SEPTEMBER 25, 2019

The bill was sponsored by Congressmen Ed Perlmutter of Colorado, Denny Heck of Washington, Steve Stivers of Ohio and Warren Davidson of Ohio, all members of the House Financial Services Committee. Cannabis-related businesses are locked out of the banking system, and cannot maintain checking accounts, process payroll obligations or pay taxes.

Ohio 235

Ohio Colorado Washington California 235

PYMNTS

FEBRUARY 19, 2020

The European Commission is planning a single European market for data, in hopes that by pooling talent, the region can compete with Big Tech in Silicon Valley and China, Reuters reported on Tuesday (Feb. The European Commission is also planning to devise leaner data markets focused on particular industries. .

Policies 151

Policies social media Data Washington 151

PYMNTS

SEPTEMBER 21, 2020

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

Google Taxes Compliance Regulation 147

PYMNTS

APRIL 21, 2020

Plus, the IRS has shelved processing tax refunds to make room for sending stimulus payments. Instead, millions went to companies traded publicly on the stock market, businesses with thousands of employees and even to some firms that were about to fold before the coronavirus crisis hit. The Washington, D.C.

Company 141

Company Payments Taxes Fraud 141

PYMNTS

DECEMBER 16, 2020

That roster includes Washington State, New Jersey, Chicago and New York City. As PYMNTS reported in this space earlier in the month , the aggregators have faced challenges from several states and cities that have instituted caps on the fees that can be charged to restaurants.

National 160

National New York City Policies New Jersey 160

PYMNTS

FEBRUARY 21, 2020

With direct marketing hit by robocall abuse and the National Do Not Call Registry , direct-to-consumer (D2C) brands and other not-so-usual suspects are looking into and in some cases reinstating door-to-door sales. We want to ensure taxpayers know their options to get right with their taxes and avoid bigger issues later.”.

Taxes 141

Taxes Boston Course Florida 141

Independent Banker

APRIL 30, 2022

3-yr average pre-tax ROA. pre-tax ROA: 3.08%. pre-tax ROA: 2.83%. pre-tax ROA: 2.68%. 3-yr average pre-tax ROA. pre-tax ROA: 2.68%. In true community bank fashion, each has its own story to tell and its own path to success. Molly Bennett, executive editor, Independent Banker. Less than $300 million.

Community Bank 172

Community Bank Community Montana Taxes 172

Jeff For Banks

NOVEMBER 1, 2017

Quarterly Financial Markets & Economic Update- October, 2017 I love this time of year. The markets have not given way to anything, with long term bonds still trading in a tight range and short term rates having risen from Fed action. Fiscal Policy We are not seeing activity from Washington DC. What Does the Economy Need?

Marketing 60

Marketing Taxes DC Community Bank 60

PYMNTS

JANUARY 15, 2019

15), the stock market approved of Netflix ’s biggest price increase in more than a decade, with the company’s stock up some 6.5 Major international markets like Mexico and Brazil won’t be affected. Spotify in 2016 “ended support for in-app subscription payments in 2016,” according a report in the Washington Post.

Apple 115

Apple Washington Taxes Google 115

PYMNTS

AUGUST 6, 2019

With government agencies working to combat tax evasion and fraud, eInvoice mandates mean a reduced risk of invoice fraud and greater visibility into trade and transactions. At the time, Finance Assistant Secretary Antonio Lambino II spoke in Washington, D.C. Additionally, reports on Monday (Aug.

Regional 108

Regional Taxes System Guidelines 108

PYMNTS

APRIL 5, 2017

As a new administration settles into Washington, D.C., being told to depart as a harbinger of pressures to come, even as corporate taxes have been, as he sees it, high enough to move businesses to seek opportunities beyond U.S. Among them, the Millennium has seen funding of wars and debt to the tune of trillions of dollars.

Taxes 115

Taxes United States Washington Policies 115

PYMNTS

JULY 19, 2017

adults found that most people felt confident in their ability to pay their debt, partly due to the stable jobs market. According to Business Insider , UBS’ quarterly financial survey of about 2,100 U.S. However, the responses from lower-income consumers suggest a much more pessimistic outlook ahead,” said Matthew Mish, a UBS strategist.

Survey 101

Survey Washington Taxes Policies 101

PYMNTS

FEBRUARY 8, 2019

Reports in the Financial Times earlier this week revealed that investors are advising startups to hold on to cash and gather reserves to remain stable amid any market uncertainties. With on-demand services like Airbnb landing a greater share of the business travel market, other players looking to compete are coming in fast.

Fintech 188

Fintech Capital New York City Analysis 188

PYMNTS

JUNE 3, 2019

Reports from both The Wall Street Journal and the Washington Post outlined the issues, with the former reporting the FTC will look into how Facebook’s workings potentially alter digital competition, and the latter noting regulators are increasing scrutiny over Amazon’s practices.

Apple 108

Apple Google Washington Taxes 108

PYMNTS

JUNE 29, 2018

Google is getting into the grocery delivery market, with NBC News reporting that it is testing a same-day delivery service that will bring food and other online orders to consumers’ doorsteps. If the test is successful, Google told NBC News it could expand into other markets. “We

San Francisco 100

San Francisco Google Seattle Washington 100

PYMNTS

JULY 18, 2017

In the North American market, he continued, adoption is especially lagging. “A But we still believe it’s early in the market, for North America at least. But in a market like the U.S., Frankly, the American market, if you look at a category like payroll, is by far the most complex market in the world.”.

Software 109

Software Taxes Capital Policies 109

PYMNTS

JULY 31, 2017

Most of the drama this week was in Washington. After a long partnership, Stripe has officially acquired Payable in an effort to bolster the tax reporting tools it has on offer for its market business customers through its Stripe Connect product. For Stripe, it means reducing friction at tax time. Have a good week.

Taxes 100

Taxes Data Security Report 100

TrustBank

JUNE 10, 2020

In that case the bank can take those excess deposits and invest in marketable securities or just hold it at the Federal Reserve earning a nominal interest rate. The volatility in the equity markets and drop in interest rates for bonds and money market funds have pushed savers and investors to banks. Why such an increase?

Washington 59

Washington Lending Security FDIC 59

PYMNTS

JANUARY 21, 2019

The plates also offer geo-fencing technology that, at least for now, is meant to track “government or business vehicles,” though it could soon help with automated parking and serve as a conduit for marketing tasks. Security and Marketing. Idaho, Colorado, Maryland and Washington, D.C.

Michigan 139

Michigan Wyoming Idaho Maryland 139

PYMNTS

JULY 23, 2019

For those who missed it, PYMNTS published a recap of Libra’s week in Washington.). Libra is running into reticence internationally as monetary organizations all over the world are raising concerns of regulatory obstacles and tax challenges. Facebook will release its second-quarter earnings report at 5 p.m.

cryptocurrency 111

cryptocurrency Study Guidelines Washington 111

PYMNTS

MAY 8, 2020

In Washington State, Frey said that “for every $1 it invests in a Main Street program, there is a $13 return to the public coffer” in the form of taxes and fees. In our estimation this would be a considerable step toward stabilizing financial markets and the economy,” Brusuelas wrote.

Maine 142

Maine Groups San Francisco Lending 142

TrustBank

DECEMBER 8, 2022

The BEA calculates the personal saving rate by subtracting taxes from personal income to arrive at “disposable personal income” and then subtracts personal outlays. By the 1990’s, improvements in technology and further changes to securities regulations made it easier for corporate customers to access financial markets directly.

US 52

US Policies Taxes Washington 52

South State Correspondent

MARCH 15, 2023

You did not see this kind of support during the failure of Washington Mutual, and you didn’t see it with Silvergate or Signature Bank. Previously, if banks were able to borrow against these securities, it would be at 98% of the market value or less, depending on the investment type. These inflows help mitigate a run-in-progress.

social media 195

social media FDIC Branding Management 195

PYMNTS

DECEMBER 12, 2019

Reports in Bloomberg Tax this week said SEC Corporation Finance Deputy Chief Accountant Lindsay McCord spoke Tuesday (Dec. 10) during the American Institute of CPA’s (AICPA) annual conference, held in Washington D.C. And if there’s a downturn in your market and you face a setback, you’re more likely to fail.”.

Tools 145

Tools Report Strategy Washington 145

PYMNTS

DECEMBER 14, 2020

Facebook and Google could face financial penalties in the millions of dollars if they don’t follow potential legislation introduced into the parliament of Australia that would require Big Tech to pay for news content that they show, The Washington Post reported. FTC, 46 States Start Large Antitrust Suit Against Facebook.

Google 132

Google social media Compliance Regulation 132

PYMNTS

OCTOBER 17, 2018

Massachusetts joins a handful of states, including Colorado, Washington and Maine, that have taken steps to legalize recreational marijuana. GFA joins a small, but steadily growing, group of CUs that are offering financial services to this emerging market. Based on the latest data from the U.S.

Colorado 126

Colorado Massachusetts US Industry 126

PYMNTS

FEBRUARY 1, 2017

So it is with the stock market, where momentum tend to favor the popular stocks and the companies that have bested earnings or are viewed as being on the next big thing’s cutting edge. markets have not yet seen that impact show up in any real slowdown or anticipatory pullback in spending. Everyone’s gleaming white teeth are exposed.

Washington 100

Washington Taxes Policies Operations 100

PYMNTS

FEBRUARY 27, 2019

Several markets are beginning to deploy or have already introduced biometrics to their national identification systems for a wide range of purposes. Residents can use these IDs to conduct different types of government business, including filing taxes or accessing pensions. . Colorado, Idaho, Maryland, Wyoming and Washington, D.C.,

Security 159

Security National Wyoming Idaho 159

PYMNTS

NOVEMBER 14, 2018

The Seattle-based eCommerce operator and cloud computing provider decided to build in both Crystal City, an urban area in North Virginia near Washington, D.C., billion refundable tax credit is reportedly based on the “percentage of salaries Amazon expects to pay employees over the next decade, or $48K per job for 25K jobs.”

New York City 122

New York City New York Virginia Chicago 122

PYMNTS

NOVEMBER 6, 2018

Taxes, minimum wage, global trade tariffs — there are a lot of regulatory changes weighing heavily on the minds of U.S. More so than the average SMB, independent pharmacies are particularly affected by the state of the healthcare market and its regulatory shifts. small business owners.

Capital 130

Capital Iowa Management Community 130

Jeff For Banks

JANUARY 19, 2013

more “promises,” and a constant flow of new money into the markets. The biggest beneficiary of all this Fed activity has been the stock market—which ended the year at some pretty good “handles,” with the Dow above 13,000, S&P 500 above 1,400, and the Nasdaq above 3,000. Oh, wait, our Congress!

Taxes 68

Taxes Philadelphia DC New Jersey 68

PYMNTS

JANUARY 10, 2017

Low-income consumers are far more likely to find it difficult to secure mainstream credit sources and are thus much more likely to make use of high-cost alternative credit sources when financial emergencies hit, often in the form of a payday, title, tax refund anticipation or installment loan. And that’s just accessing money itself.

Online 100

Online Chicago New York Mississippi 100

PYMNTS

MAY 19, 2017

With the exception of waistlines and maybe taxes, 63 percent growth in anything is pretty good to see. . Fizzle: Bank Stocks: Yes, bank stocks, and stocks of all stripes, rebounded a bit on Thursday after a massive selloff Wednesday that hit the markets like a ton of bricks. billon vs. the Street at about $117.7 billion. .

Bitcoin 131

Bitcoin Online Lending Washington 131