Welcome to The Axis, your late look at payments news from around the world. Coverage includes SnapPay teaming up with Alipay to bring the digital payment method to a supermarket company in Canada. The U.K.’s Soldo FinTech firm said it earned an eMoney license from the...
The French government is going after U.S.-based internet companies, announcing Wednesday (March 6) the introduction of a digital tax that will impact companies including Google, Facebook, and Amazon. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
China is aiming to boost the economy by tax cuts and infrastructure spending in the billions of dollars range. 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...
Millions of Chinese travelers were banned from buying airline tickets last year because of outstanding social credit offenses. 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...
At the same time that President Trump was meeting with North Korean leader Kim Jong-un, hackers in North Korea continued to attack U.S. and European companies, reported the New York Times. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Didi Chuxing, the Chinese ride-hailing startup, ByteDance, the mobile app maker in China, and other Chinese tech firms are reining in perks such as free snacks and gym memberships, slashing bonuses and laying off workers amid a slowdown in the economy. Get the Full Story...
The world’s first cannabis exchange traded fund (ETF) has returned more than 50 percent so far this year, growing to $1.3 billion in assets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Ahead of the U.K.’s potential departure from the European Union, the bloc’s banking watchdog is imploring member states to protect the deposits of customers. While national deposit schemes cover bank deposits up to 100,000 euros, that protection does not cover branches of banks from not in...
Russia’s trade associations have accused Visa and Mastercard of abuse of market power in the country. 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...
