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Digital Taxes, Big Tech In Regulatory Focus As 2020 Dawns

PYMNTS

As 2020 dawns, regulators are continuing to focus on taxes and possible anti-competitive behavior on the part of tech’s marquee names. That mandate would impact firms such as Apple and Samsung , among others. One continuing theme that will play out into the new year (and well beyond): taxes.

Taxes 131
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Bitcoin Daily: Samsung SDS Tests Blockchain Health Claims; Bermuda To Accept Digital Currencies; CIMB Singapore Does Blockchain Trade Financing

PYMNTS

Samsung SDS will reportedly launch a blockchain-based medical claims processing system this month. dollar-backed digital currencies for the payment of government taxes, fees and services. According to CoinDesk , the new system will link all hospitals, pharmacies, insurers and other companies in the sector. Technology is the future.

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India Is Now World’s Second Largest Smartphone Market

PYMNTS

The top five vendors ( Samsung , Xiaomi , Vivo , Oppo and Lenovo ) now account for 75 percent of total shipments in India. Samsung shipped 9.4 It struggles in the mid-range (devices priced between INR15,000 and INR20,000 [US$230 and US$310]), where Samsung, Oppo and Vivo are particularly strong. Growth will continue.

Marketing 100
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Virus Expected To Have Long-Term Impact On Travel, X-Border Payments

PYMNTS

A Samsung facility in the same area was also forced to close. Economy minister Roberto Gualtieri said Sunday that the government would introduce tax credits for businesses which reported a 25 percent drop in revenue, along with tax cuts and extra cash for the health systems.

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iPhone 7 Sells Out Preorders – Investors Rejoice

PYMNTS

It doesn’t hurt that Samsung Electronics’ problems with the Galaxy Note 7, which is being recalled because the battery can catch on fire, has resulted in more demand for Apple products. This is all a welcome change for Apple since at the end of August, most Apple followers were focused on the Irish tax issue. and the EU.

Apple 100
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Google Pay, Apple Pay Arrive At 7-Eleven

PYMNTS

The new options are in addition to other mobile payment choices the chain offers, such as Samsung Pay, Chain Store Age reported. Cash-based 7-Eleven customers use the store’s brick-and-mortar hub to pay bills, pay taxes and load Amazon Cash cards so they can shop digitally, even without a major credit card.

Google 116
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Argentinians Flocked To Chile For Beaches, Now Bargains

PYMNTS

Samsung TVs are going for less than $700, while, back at home, they’re $2,300. When he came into office, Macri ceased the need for his country’s shoppers to gain tax agency approval to buy a limited number of dollars, whether it be for travel or savings.

Miami 100