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Big Tech Compliance Tracker: Europe Plans To Release Drafts Of Digital Regulation Legislation; UN Initiative To Tax Big Tech In Developing Nations Gains Momentum

PYMNTS

UN Committee Indicates Support For Initiative To Tax Big Tech In Developing Nations. The United Nation’s Tax Committee of Experts has indicated support for an initiative to assist developing nations in taxing Big Tech, Bloomberg Tax reported on Wednesday (Oct. The committee voted 12-10 Friday (Oct.

Taxes 212
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Loews Hotels CEO: Business Travel Won’t Return This Year

PYMNTS

Loews Hotels CEO Jonathan Tisch does not expect a return to significant national, international or business travel anytime soon, according to an interview he gave on CNBC ’s “Closing Bell.”. When asked if working from home will continue to chill business travel, Tisch said surveys are indicating as much. It’s a challenge,” he said. “We

Taxes 189
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Mitek, Digidentity To Help Speed Up GOV.UK Onboarding

PYMNTS

A survey by PYMNTS and Mitek found that around 70 percent of respondents who'd recently opened accounts with financial institutions didn't feel comfortable sharing biometric information. The key could be communication, with the survey finding that 64.1 Since March, over 1 million GOV.UK

Survey 130
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The Biggest Banking, Regulatory Challenges For Today’s Entrepreneur

PYMNTS

National Small Business Week is this week in the U.S., But analysts from Bank of America, Square, Navcom and the National Association for the Self-Employed warn that challenges for some SMBs have reached new heights, too. and global stock markets are also top concerns among entrepreneurs surveyed by the bank.

Taxes 144
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3 top tech trends for public accountants to watch in 2017

Abrigo

“We’re seeing broad pickup in cloud services and other emerging technologies,” Asgeirsson said in a recent news release describing results from a recent survey by CPA.com and the AICPA’s Private Companies Practice Section. Some 90 percent of respondents in the Future of the Cloud Computing Survey reported they use the cloud in some way.

Trends 218
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Union Budget 2021: Highlights

BankBazaar

The National Sample Survey Office conducted a survey between 2017 and 2018, sampling 113,823 urban and rural households. The survey reported that out-of-pocket expenses for a single hospitalisation in private hospitals costs Rs. We await the operational details of the scheme now. percent of the rural and 80.9

Metro 122
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Where People Spent Stimulus Payments – And Where They Didn’t

PYMNTS

A recent report by the National Bureau of Economic Research (NBER) finds that recipients of the initial $2.2 trillion in stimulus checks tended to use those payments to bolster their savings or pay down debt – and only a small percentage of those surveyed actually spent that money.

Payments 173