The U.K. is implementing a first-of-its-kind tax on locally generated revenue by large technology firms, including Google, Amazon and Facebook. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Hoping to stabilize the rupee, India has agreed to a $75 billion currency swap with Japan, according to reports on Monday (Oct. 29). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Southeast Asia’s Grab has taken in a $200 million investment from U.S.-based Booking Holdings amid a strategic partnership. With the tie-up, users of Booking Holdings’ apps will be able to call for Grab vehicles, while users of Grab’s app will able to book travel services, Reuters...
Britain’s former secret intelligence service chief has warned that the U.S. is in danger of losing its spot as the most powerful country in the world due to a “more assertive” China. Get the Full Story Complete the form to unlock this article and enjoy...
As the Riksbank seeks to adapt to a society that is turning to cashless payment methods, the Swedish central bank is considering issuing a digital currency. While the bank explained a concept of an “e-krona” in a report last year, it said on Friday (Oct. 26)...
Tipalti has announced that its supplier payments automation solution is now integrated into Intuit QuickBooks Online. The global payments automation firm reported the new development in a press release on Tuesday (October 23). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
SWIFT announced Sunday (October 21) successful test results of its new instant cross-border payments proof of concept, involving banks in China, Singapore, Thailand and Australia. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Following the proposal of a payments regulator to be established independent of the Reserve Bank of India (RBI), the central bank has put forward a public objection. The regulator would have a chairperson chosen with input from the RBI, but the central bank objects to...
Faced with growth that is slowing, increasing debt and a trade war with the U.S., the economy in China is starting to feel the impact. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...