Remove 2014 Remove Capital Remove National Remove Taxes
article thumbnail

Misinvoicing Costing Nations Billions, Warns UNCTAD

PYMNTS

For others, however, entire national economies can be affected. According to the UN Conference on Trade and Development (UNCTAD), that’s exactly what’s happening in some developing nations, in which invoice errors across Africa and South America are leading to the loss of up to two-thirds of commodity export value.

National 100
article thumbnail

Changes To Business Lending Underway At India’s PSU Banks

PYMNTS

For decades, public sector undertaking (PSU) banks have largely been responsible for handling the working capital loans that many firms need for daily operations. PSUs calculate a borrower’s working capital requirements by looking at the difference between assets and liabilities. In 2014, that figure had improved to about 53 percent.

Lending 130
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Around The World In FinTech Innovation

PYMNTS

We began the Weekly Tech Center Roundup journey in London – Europe’s self-proclaimed startup capital. In 2014 alone, British technology companies received over $795 million in investments from U.S. Tel Aviv Fuels Israel’s ‘Startup Nation’ Reputation. and London (aka Brexit’s Ground Zero) in particular.

article thumbnail

A Decline in Personal Savings

TrustBank

The BEA calculates the personal saving rate by subtracting taxes from personal income to arrive at “disposable personal income” and then subtracts personal outlays. Households in 2014 ) and another by the J.P. The only time US personal saving has been this low was back in 2005 when it bottomed out at 2.1%.

US 52
article thumbnail

Tipalti Closes $30 Million Series C Funding Round To Build Out R&D

PYMNTS

Some of those pieces include onboarding suppliers, reducing payment errors submitting reports and tax forms, following local rules and regulations, providing global payments reach and managing invoice versus non-invoice workflows. It also plans to invest in growing its customer base and expanding its partner ecosystem.

Branding 103
article thumbnail

Guest Post: 2013 Economic Year in Review and Outlook by Banker Dorothy Jaworski

Jeff For Banks

We’ll Miss You, Ben Now that the holidays are over, it is time to recognize that January, 2014 marks the last month as Federal Reserve Chairman for our favorite helicopter pilot, Ben Bernanke. Cautious Growth for 2014 We expect that GDP growth will continue in a cautious mode in 2014, likely between 2% and 2.5% once again.

article thumbnail

Can Rio de Janeiro Withstand The Olympic Pressure?

PYMNTS

million as of 2014. In an effort to spur job growth, the Brazilian government offered tax and legal incentives for technology companies within Rio. In fact, the venture and entrepreneurial ecosystem grew by 20 percent from 2014 to 2015 alone. Estimated population was 6.35 The city’s GDP per capita is $19,131.

Trends 100