Congress presses Fed on real time payments, Sam’s Clubs debuts bundled healthcare, Will SAFE Banking Act make life risker for banks?

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September 27, 2019

Next Gen Digital Sales Tax Tracker™

Trending: Close But No Cigar? What Local Sales Tax Laws Mean For Tobacco eSellers

The eCommerce sales tax laws introduced last year are causing unintended effects on the tobacco industry — making compliance harder. SMBs can’t afford to sell online if it means paying steep taxes, and time spent determining how much they owe in taxes to various state and cities eats into profits, says Pierre Roger, founder of cigar marketplace PuroTrader. In this month’s Next-Gen Sales Tax Tracker, he discusses why marketplaces need to ease cigar retailers' compliance burdens.

 

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Retail Robots

Taking Stock Of What’s In Stock With Retail Robots

Inventory stock outs plague brick and mortar retailers — knowing what items are where and replacing or replenishing them, can be a painstaking task. Martin Hitch, co-founder of Bossa Nova, tells Karen Webster that automating all this, with robots in the aisles, can pinpoint problems on shelves before they become pain points — leaving time for staff to do what they do best: Interacting with other humans. Take inventory.

 

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Digital App Economy

The Cash Flow Solution App Developers Don't Know They Need, But Do

Slow settlement times may not seem like the sort of problem that would affect developers in the app economy — but it is for small, up-and-coming market entrants. Johnny Reinsch, co-founder and CEO of Qwil, tells PYMNTS, there’s an old school solution for this new school group of entrepreneurs: Liquidity As A Solution. Here's why it may be the difference between staying open for business and shutting down.

 

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Banking Cannabis

Will The SAFE Banking Act Make Life Riskier For Banks?

Cannabis and banking industry representatives rejoiced earlier this week when the House of Representative passed the SAFE Banking Act to make it easier for cannabis businesses to access mainstream financial services. But will this move really make life harder and riskier for the banks that serve them? Yes, say experts. We break it all down.

 

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Adventure Travel Study

Report: How Payments Plans Remove The Risk From Booking Adventure Travel

Not content to lie on the beach or take selfies at famous landmarks, adventure travelers are fueling the already fast-growing $1.1T luxury travel market. Yet, the lack of payments options is becoming too much of a risk for many thrill-seekers who can’t always pay for the big ticket, adrenaline-pumping experiences like bungee jumping and heli-skiing they crave. The new Adventure Travel Study includes over 200 data points on the payments habits of this segment, and the opportunity that awaits those who want their business.

 

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