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How Singapore Is Fueling A ‘Smart Nation’

PYMNTS

Singapore is on a mission to build up a Smart Nation by utilizing innovation and technology to create opportunities and strengthen communities. Singapore’s GDP was roughly $407 billion in 2015. Between 2011 and 2015, the government allocated $16 billion to help accelerate Singapore’s research, innovation and enterprise landscape.

National 133
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How Clandestina (Literally) Snuck Into The US Market

PYMNTS

And while those numbers aren’t likely to keep Amazon or H&M up at night, for a small Cuban eCommerce startup operating out of nation where internet access is patchy and from which the company can’t ship goods directly to U.S. The firm has been up and running since 2015, though the recent expansion into U.S.

Marketing 198
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China Drafts Updates To Commercial Bank Regulations

PYMNTS

As it aims to bolster methods of market exit and risk disposal for institutions that loan money, the central bank of China introduced a draft of updates to legislation applicable to commercial banks, Reuters reported. They’ve been asked to support the economy at the expense of their own operational strength.” .

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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
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Impossible Foods CFO David Lee Goes To AppHarvest

PYMNTS

As president of AppHarvest, Lee will be in charge of developing strategy and working on managing operations, leading sales, marketing and finance functions as the company continues to grow. Lee said in the release that the company offers a “unique solution to building a more resilient and responsible food system.”. “I

Kentucky 159
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Fed article finds higher interest rates necessary for continued availability of small dollar loans

CFPB Monitor

The article begins with a discussion of a 1972 report issued by the National Commission on Consumer Finance (NCCF). The NCCF was established by the Consumer Credit Protection Act of 1968) to study consumer credit markets and recommend improvements in consumer credit regulations. A $594 loan required a 103.54

Study 148
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India’s MakeMyTrip Taps Into Blossoming Corporate Travel Market

PYMNTS

The nation’s second-largest travel operator, Yatra Online, recently acquired Air Travel Bureau, a corporate travel service provider, to strengthen its B2B services. In 2015, IT service provider Wipro inked a series of partnerships to launch its own corporate travel and expense management app in India.

Marketing 108