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‘Think Locally’ Takes On New Meaning For X-Border Merchants

PYMNTS

For merchants, conducting cross-border trade often means following another nation’s local rules around payment acceptance, compliance, taxes and physical requirements and a host of other factors that vary between borders. In 2015, a U.S. So, what’s a merchant to do? Political uncertainly and global trade.

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Is Hong Kong Ready To Be A Startup Powerhouse?

PYMNTS

As of 2015, Hong Kong was home to approximately 1,558 startups, a 46 percent increase from the year prior. Hong Kong is known for its simple and predictable tax system, making it an attractive place for investment. Hong Kong is estimated to have a population of 7.3 The city’s GDP per capital is $54,722.

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Data Dive, Fall Chill Edition: Fraudsters, Sears And India’s Data Privacy Laws

PYMNTS

And New England isn’t the only place enjoying the autumn chill as it sets in — although we are perhaps enjoying it more colorfully with the region’s famed foliage. That is up from just 7 percent in 2015 — a 270 percent increase. In payments and commerce this week, a fall chill also rolled through.

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Not Down For The Count, Cash Still Counts For Plenty

PYMNTS

Brazil and Mexico — the total amount in cash payments for the region was $3 trillion in 2015, with weighted average cash use at 14 percent of GDP, with an estimated increase, annually, of 4 percent through 2020 in absolute dollars but a decline in percentage of GDP by 1.2 Turning to the Americas — defined as the U.S.,

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Why Thinking Local Is Critical In Curated Fashion

PYMNTS

consumers, Lookiero is probably not all that familiar a name, as the Spain-based firm founded in 2015 operates entirely in the European Union — specifically in the U.K., Once you cross the border the taxes are different, logistics are different, you have to adapt to all of that. For most U.S. he pointed out.

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Stripe Teardown: How The $35B Payments Company Plans To Supercharge Online Retail

CB Insights

Sigma aims to streamline business operations. Stripe Atlas (business incorporation tool) and Stripe Sigma (business analytics and reporting) can help simplify business operations. In total, Stripe spans 14 global offices employing over 2,000 people around the world — 8.5x more than it employed in 2015. Virtual card issuance.

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Migration and the “Cloud Ceiling”: 5 Compliance Predictions for 2017

FICO

Today, it’s really only Tier 1 banks that use analytics in AML, KYC and tax compliance areas. The political turmoil of 2016 means that there is a lot of gain to be had by exposing politicians who used tax havens, which should drive even more investigations and revelations. We expect that to change. Panama Papers was only the start.