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TaxCloud Announces New Stripe Integration

PYMNTS

Since the Supreme Court issued its opinion in South Dakota v. Wayfair last year, many online retailers now have to collect sales tax in additional states. North Dakota , argued that it was “obsolete in an era of eCommerce.” The 41 states that asked the Supreme Court to overturn that decision, Quill v.

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US Supreme Court Gives The Green Light For Online Sales Taxes

PYMNTS

States can collect sales taxes from online retailers thanks to a U.S. The 5-4 decision essentially overturns the court’s 1992 ruling that states can collect sales taxes only from retailers that maintain a physical presence in those states. retail sales. retail sales. Billions of Dollars at Stake.

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

Perficient

Buy now, pay later (BNPL) is a type of point-of-sale installment loan that partners with retailers to allow consumers to pay for their purchases in multiple equal payments. When online shopping, if a retailer has a partnership with a BNPL platform, the customer can choose it as their payment method when placing their order at checkout.

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

PYMNTS

This is proving particularly true for more and more cash-strapped states that have spent years staring at soaring traffic for online retailers but little — if any — increases in the taxes reaped from this digital, transcontinental economy. And South Dakota, for one, has had enough. North Dakota.

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

PYMNTS

At issue in the case is the South Dakota law that requires online retailers to collect and remit sales tax, even if they have no physical pronounce in South Dakota (the Supreme Court has previously ruled that merchants have no responsibility to collect sales tax in states where they are not physically located.).

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Durbin interchange battles resurface

CFPB Monitor

The North Dakota Retail Association and North Dakota Petroleum Marketers Association filed a lawsuit on April 29, 2021 against the Federal Reserve Board in a North Dakota federal district court seeking to invalidate Regulation II’s standard for reasonable and proportional interchange fees.

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Here Is the Latest Credit Data To Keep Your Bank Safe

South State Correspondent

and New York had the lowest increases in credit risk, while North Dakota, Iowa, and Minnesota had the lowest volatility and were the most stable. Multifamily, while the actual risk remains low, is increasing in risk by a factor of three due to the continued supply that is coming online this year in most markets.

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