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Big Tech Compliance Tracker: Apple, Google, Amazon Boost UK Fees To Cover New Digital Tax; Amazon Gets FAA’s OK For Drone Delivery 

PYMNTS

In addition, the legislation would make sellers pay a third of commissions to a dedicated training fund for technology specialists each quarter. The FAA’s role is to ensure that any [drone] operation is performed safely,” the FAA said in a statement to PYMNTS. Big Tech Updates Fees to Reflect UK Digital Services Tax.

Taxes 131
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Today In Payments Around The World: PayPal's Xoom Lowers Cost Of Sending Funds To Africa; Volante Accelerates Convergence For Exchange

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the ability to send secure funds to 12 countries in Africa for a reduced fee, while Volante Technologies Inc. Plus, HM Treasury is seeking input on the challenges that the sharing economy brings for value-added tax (VAT). Volante Technologies Accelerates Market Convergence For Santiago Exchange. Volante Technologies Inc.,

Payments 178
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Asia Pacific Ramps Up eProcurement Push

PYMNTS

Latin America is often considered to be the world leader in electronic invoicing thanks to government mandates, but the Asia Pacific region is quickly gaining steam in its eInvoicing efforts, too. on the benefits of an eInvoicing mandate, noting that it would address the nation’s current tax challenges. On Monday (Aug.

Regional 108
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Chrome River’s Path Extends To Asia

PYMNTS

Expense management is scaling globally, literally, as Chrome River is opening an office in the Asia-Pacific region. Roy told PYMNTS that the region has specific payments and expense management considerations that extend, for example, to Australia’s goods and services tax.

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Revolut Taps JPMC To Raise $1.5B For Global Expansion

PYMNTS

Late last month the company announced it was expanding its partnership with Visa to include five new regions in 24 markets including Canada, Japan, Singapore and the U.S. In fact, it recently reported a pre-tax loss of £33 million for 2018, which is double the amount of the previous year. banking licence. banking licence.

Taxes 163
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Getting Past ‘Standard’ To ‘Fair’: Tech Brings Efficiency To Mileage Reimbursements

PYMNTS

For that, thank digital and mobile technologies, and the ability to analyze data in such a way as to find those seemingly small, but meaningful differences in the cost of driving throughout various locations. Beyond that, though, using the IRS rate can lead to unnecessary expenses, including tax-related ones, for employers.

Taxes 128
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Small Biz FinTech Leads Week’s B2B Funding Roundup

PYMNTS

Meanwhile, logistics, data analytics, and business travel technologies also won over investors. Kobo360 operates a freight technology platform, connecting truckers with businesses that need shipping services across the region. Below, PYMNTS breaks down the latest in B2B FinTech funding. ScaleFactor.

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