Remove 2016 Remove National Remove Regional Remove Taxes
article thumbnail

Today In Data: Self-Employment, Finance Jobs And PayPal’s Woes

PYMNTS

The self-employed workforce is growing, despite hurdles like financial insecurity, lack of pension, expense tracking, tax returns and more. 100 percent | Growth of international payments solution Flywire’s business in the Asia-Pacific region over the last year. because of Brexit.

Data 101
article thumbnail

Despite Plenty Of Concerns, SMB Optimism Holds Fast

PYMNTS

Small business owners have a lot on their plates today and, depending on who one asks, top concerns range from taxes to late invoice payments. Bank of America also found in a fall 2017 survey that nearly three-quarters of SMBs expect their 2017 year-end revenues to beat 2016’s figures. Eighty-one percent of U.S.

Taxes 105
Insiders

Sign Up for our Newsletter

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

article thumbnail

Visa On Tap To Pay, Cash Displacement And B2B Payments

PYMNTS

McInerney also pointed to government to consumer (G2C), which is a “more nascent” market, with presence in government benefits and tax refunds. Chris Clark, executive vice president and regional president for Asia Pacific, said that cash and check are 48 percent of personal consumption expenditure (PCE) and that equates to $6 trillion.

Payments 163
article thumbnail

NEW REPORT: What Demonetization? India’s Cash Usage To Reach $2.5T By 2021

PYMNTS

Demonetization was launched in India in an effort to crack down on the nation’s underground economy, boost tax revenues and encourage the transition to a digital banking infrastructure. However, nearly two years after the policy launched in 2016, cash remains a key component of the nation’s economy. percent by 2021.

Report 104
article thumbnail

JPMorgan Business Report: Positive On Growth, Weary Of Economy

PYMNTS

As detailed in the 2016 JPMorgan Chase Business Leaders Outlook report, the outlook is positive on a local economy level, but nationally/globally is a little more shaky. But when looking at that from a more national perspective? National economy: 39 percent optimistic, compared to 68 percent in 2015. Taxes (28 percent).

Report 100
article thumbnail

The link between mortgage debt servicing burdens and arrears: is there a critical threshold?

BankUnderground

It is calculated by taking a household’s mortgage payments (including interest and principal) and dividing them by their pre-tax income. A previous Bank Underground post from 2016 comes to a similar conclusion. The most common one is the gross debt-servicing ratio (DSR).

Survey 55
article thumbnail

How Wellington’s 20 Percent Advantage Is Fueling Tech Growth

PYMNTS

The city’s median income is $49,192, higher than the national median of $45,760 and higher than Auckland’s median income of $48,204. New Zealand was ranked the number one country in which to start a business by the World Bank Doing Business Report 2016. The tax scheme is comprehensible to entrepreneurs. Issuing capital is easy.

Fintech 100