News

B2B Payments
Aussie Tax Office Reminds SMBs To Pay Debt
February 16, 2020

Small and medium-sized businesses (SMBs) in Australia are being reminded by the country’s tax office that owing money to the agency is not OK, Broker News reported Friday (Feb. 14). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Investments
Rakuten Dumps $1.4B In Tech Holdings, Including Pinterest Stake
February 16, 2020

Rakuten, the Japanese eCommerce conglomerate, has sold billions of dollars’ worth in shares, including the entirety of its stake in Pinterest. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail
Is New York Fashion Week Still In Style?
February 15, 2020

In many ways, 2020’s version of New York Fashion Week was much like any other year. Designers, models, fashionistas and social media luminaries descended on the city for a series of shows by the biggest names in design, aiming to let the world know what...

B2B Payments
Mexico To Tax Digital Services From Other Countries
February 14, 2020

Mexico passed a law this week that taxes digital services from other countries, according to a report. 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...

B2B Payments
CIT Group Unveils New Version Of B2B POS Lending Platform
February 14, 2020

CIT Group Inc. has debuted a new version of its B2B point-of-sale (POS) lending platform to help enable real-time lending for business purchases, the company said in an announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

International
New India Tax Prompts Pushback By Amazon And Flipkart
February 14, 2020

Amazon and Flipkart are pushing back against a proposed Indian tax on the online eCommerce market, saying it will stymie growth in the industry, according to a report by Reuters.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

B2B Payments
Banks Offer Economic Coronavirus Relief To Businesses
February 14, 2020

To help businesses, communities and retail clients impacted by COVID-19, or the coronavirus, Asian financial services group DBS said in an announcement that it will roll out liquidity relief, among other measures. Get the Full Story Complete the form to unlock this article and enjoy...

News
Mastercard Card Clearing In China, Unattended Retail, Rapid Settlements Top This Week’s News
February 14, 2020

It’s the end of the workweek, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in payments and commerce news. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

International
Mobile World Congress Canceled Due To Coronavirus
February 14, 2020

The Mobile World Congress (MWC), one of the world’s largest tech shows that features over 100,000 participants each year, has been canceled due to fears over the Coronavirus. Organizers are now asking that the tech community absorb some of the financial hit, according to a...