International

International
UK Facing Pushback For Tax On Tech Companies’ Revenue
October 31, 2018

The U.K. is facing pushback by lawmakers in the U.S. and lobbyists who contend a new tax on some of the world’s biggest internet companies would create what is seen as a dangerous precedent. Get the Full Story Complete the form to unlock this article...

Global Payments
Klarna Integrates Sofort With Shopify Payments; Japan Mulls QR Code Standard For Transit
October 30, 2018

Welcome to The Axis, your late look at payments news from around the world. Coverage includes Klarna’s integration with Shopify for payments to German merchants. In addition, Google Pay has become available in the Scandinavian countries, and the industry ministry in Japan is mulling unified quick...

International
Adyen Expands Into Canada, Adds Adidas As Client
October 30, 2018

Adyen, the payments platform company, announced Tuesday (Oct. 30) that it has expanded into Canada and landed four new customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

International
UK ‘Digital’ Tax To Hit Alphabet, Amazon, Facebook
October 30, 2018

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....

International
India-Japan Currency Swap Designed To Stabilize Rupee
October 29, 2018

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...

South East Asia
Grab Notches $200M Investment From Booking Holdings
October 29, 2018

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...

International
UK Ex-Intelligence Chief: Chinese Tech Overshadows US
October 29, 2018

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...

Europe
Sweden’s Central Bank Favors Digital Currency
October 26, 2018

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)...

Global Payments
Tipalti Announces Seamless Integration With Intuit QuickBooks Online
October 23, 2018

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...