Cross-border Payments

Cross-border Payments
France Tax Authorities Demand Data From Airbnb
January 29, 2020

Airbnb is facing a deadline to send data to French tax authorities over a law that compels marketplaces to provide revenue and other company information to the country, according to a report by Bloomberg. Get the Full Story Complete the form to unlock this article...

Cross-border Payments
Airbnb Supports EU Regulator For Digital Platforms
January 29, 2020

On the heels of a landmark case in the European Union that would classify it as a digital platform, Airbnb said in a blog post on Wednesday (Jan. 29) that it supports plans to establish a digital regulator. Get the Full Story Complete the form...

Cross-border Payments
Airlines Follow British Airways‘ Lead In Halting China Flights
January 29, 2020

Airlines in the U.S. are following the lead of British Airways in canceling all flights to and from mainland China due to the coronavirus outbreak, according to reports on Wednesday (Jan. 29). Get the Full Story Complete the form to unlock this article and enjoy...

Cross-border Payments
Starbucks Faces China Losses Amid Coronavirus Scare
January 29, 2020

The coronavirus outbreak in China has now begun to impact the profits of Starbucks in one of its biggest markets worldwide, as the coffee chain closes stores and adjusts hours amid virus fears and quarantines. Get the Full Story Complete the form to unlock this...

Cross-border Payments
Alipay’s Indonesia Operations Delayed By Red Tape
January 29, 2020

Indonesia’s central bank, Bank Indonesia (BI), has asked Chinese firm Alipay to review its payment services application. Officials in Indonesia’s House of Representatives confirmed the re-evaluation at a hearing, reports said. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Cross-border Payments
India Bankers Seek Removal Of Fees On UPI, RuPay Transactions
January 28, 2020

In India, call it the war of the fees. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form,...

Europe
Premium Labels Ask EU To Crack Down On Big Tech
January 28, 2020

European luxury brands are asking EU regulators to be harder on online tech giants like Amazon and Alibaba regarding fakes and privacy, Reuters reported on Tuesday (Jan. 28). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Cross-border Payments
UK FCA Asks Banks To Explain High Overdraft Fees
January 28, 2020

The U.K.’s Financial Conduct Authority (FCA) is questioning banks about recently-hiked overdraft fees, some as high as 40 percent and 10 times the cost of a payday loan, Reuters reported on Tuesday (Jan. 27). Get the Full Story Complete the form to unlock this article and...

Cross-border Payments
Why The Coronavirus May Dwarf SARS’ $40B Economic Toll
January 28, 2020

Certain events stand out in stark relief for reminding us of just how interconnected the global economy is in the 21st century. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...