Search Results for: Apple
48% say America will be out of cash by 2023
July 11th, 2018
One in five Americans thinks their payments will be completely cash-free in their lifetime, according to a new study from GATE (Global Acceptance Transaction Engine) conducted with third-party research firm YouGov. With Apple Pay, Google Pay, Venmo, Square, credit ...
Mobile contactless payment users to grow to over 760 million by 2020
July 3rd, 2018
The number of people using mobile contactless payment such as Apple or Google Pay will grow to more than 760 million by 2020, with Apple’s digital wallet leading the way, according to new research. An estimated 440 million people ...
Why Americans are warming to mobile payments
June 29th, 2018
Americans have long been laggards when it comes to paying for goods and services with a smartphone. Plenty still prefer to sign credit-card slips or even cheques. But there are signs that they are warming to more modern methods. ...
European Commission finds Luxembourg gave illegal tax benefits
June 28th, 2018
The European Commission has found that Luxembourg allowed two Engie group companies to avoid paying taxes on almost all their profits for about a decade. This is illegal under EU State aid rules because it gives Engie an undue ...
Is the EU ready for a Common Consolidated Corporate Tax Base?
June 12th, 2018
In 2011, an ambitious Common Consolidated Corporate Tax Base (CCCTB) directive was proposed by the European Commission. It sought to harmonise the 28 different corporate tax codes of the Member States into one set of rules while retaining the ...
Traders: What key events to watch this week; Euro and Asian stocks gain
June 4th, 2018
Asian stocks gained after U.S. jobs data bolstered optimism in the world’s largest economy, all but firming an interest rate increase from the Federal Reserve later this month. The dollar and the yen weakened as demand for haven assets ...
Traders: Key events to watch this week; Ten-year Treasuries rallied
May 29th, 2018
Ten-year Treasuries rallied alongside core European bonds as the political crisis in Italy deepened, triggering risk-off trading across many global markets. Losses for the euro mounted and the region’s stocks sold off, while the dollar edged up. The benchmark ...
Asus to pay millions euro to settle price manipulation allegations
May 15th, 2018
Taiwan’s Asustek Computer, known as Asus, on Friday said it reached an agreement with the European Union to pay about 65 million euros ($77.6 million) to settle allegations of price manipulation in its PC business in Europe. “Although it ...
British pound was flat, Yen lost, Won jumped, Stocks in Asia gained; Key events to watch this week
April 30th, 2018
Stocks in Asia gained, with some major markets shut for holidays, as investors weighed the ongoing earnings season against a mixed set of signals for global economic growth. The won rallied as the two Koreas moved closer to peace ...
Visa, MasterCard and AmEx propose a new deal for online payments
April 23rd, 2018
The way you pay for things with credit cards or debit cards at bricks-and-mortar retailers is a familiar, standardized process. There have been minor tweaks, like the recent adoption of chip cards or getting rid of signatures, but the ...