Europe has long sought to make very profitable Big Tech companies conducting business through the web pay tax where they sell their offerings instead of in tax havens. The continent now wants global financial leaders to make taxing digital giants a priority in 2020, Reuters...
To help provide relief for COVID-19, the Coronavirus, Western Union and the Western Union Foundation have announced a $1 million worldwide matching challenge. The combined match will be up to $500,000, according to an announcement. Get the Full Story Complete the form to unlock this...
The increasing number of businesses using cards over cash could prompt some companies in the U.K. to stop using cash altogether after hundreds of years with that as the primary mode of payment. Get the Full Story Complete the form to unlock this article and...
Controversial new rules by the Indian government could force Facebook, Twitter, TikTok and YouTube to reveal users’ identities, shattering anonymity for over 400 million people, according to Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The Peoples’ Bank of China has filed over 80 patents in its attempts to start its own digital currency, an extensive and elaborate plan to take the renmibi to the digital stage, according to published reports Wednesday (Feb.12). Get the Full Story Complete the form...
As the newsday ended on Wednesday (Feb. 12), the coronavirus that started in China’s Wuhan — now officially named COVID-19 — claimed its latest economic victim. The annual Mobile World Conference (MWC), scheduled in Barcelona for Feb. 24 through Feb. 27, has been officially called...
To help mitigate the impact of the coronavirus through business lending, over 300 Chinese firms are looking for bank loans totaling a minimum of $8.2 billion. The epidemic has infected over 900 people in the nation and infected over 40,000, while authorities have temporarily halted...
The Mobile World Congress (MWC) in Barcelona is in trouble, as three more companies have dropped out over coronavirus fears, according to Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
The phrase “out of stock” is starting to show up in discussions about the coronavirus. As Chinese companies and American companies doing business in China grapple with quarantines and proliferation the disease, U.S. retailers are concerned about a supply chain problem. Get the Full Story...
