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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

The FAA supports innovation that is beneficial to the public, especially during a health or weather-related crisis.”. Big Tech Updates Fees to Reflect UK Digital Services Tax. Apple announced upcoming tax changes for apps and in-app purchases to include tax law changes in the U.K. customer charges to cover the new tax.

Taxes 131
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Fave: Inside Southeast Asia’s Merchant Super App

PYMNTS

Mobile payments penetration has historically faced a gap in Southeast Asia , Joel Neoh , founder of leading regional online-to-offline company Fave , told Karen Webster. For example, many merchants worry about the costs associated with card payments, although such fears are diminishing rapidly as interchange fees across the region fall.

Taxes 311
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Today In Digital-First Banking: Green Dot Debuts GO2bank; Stimulus Checks Pose Challenges For TurboTax, H&R Block

PYMNTS

“GO2bank is built to be the go-to destination for seamless, affordable, useful banking — combining the security, stability and experience of an FDIC-insured bank with the innovation and agility of a leading FinTech,” Green Dot Corp. CEO Dan Henry said in a press release. Stimulus Checks Pose Issues For H&R Block, TurboTax .

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Blockchain Makes Inroads Into Banking

PYMNTS

The CBA said it will look to include smaller and mid-sized banks on the platform, with eventual additions of tax agencies and customs activities to the platform. Separately, the South Korean government has been eyeing tax breaks for blockchain in a move that looks to bring innovation to the region.

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Local Governments Move In On Retail Vacancies

PYMNTS

The DEO “seeks concepts and an operator to program the space to boost innovation and entrepreneurship, demonstrate creative placemaking and feature the Made in Fairfax Network. has hiked the normal commercial property tax rate on vacant property from between $1.65 Even smaller cities are opting for such taxes. and San Francisco.

Retail 135
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Virtual cash management: A catalyst for new business models for European transaction banks

Accenture

A recent Accenture roundtable discussion concluded that European banks have the opportunity to develop innovative transaction banking offerings using virtual accounts, such as virtual cash management, to address changing market needs and create new business models.

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UnionPay Opens API To International Developers

PYMNTS

UnionPay International CEO Cai Jianbo said his company is developing payment services for the future of the industry, and that the UPI Developer is meant to help partners’ demand for more innovation. UnionPay International has been releasing these products outside of China, in 43 countries and regions away from the mainland.