Remove Books Remove Capital Remove Innovation Remove Taxes
article thumbnail

The Connected Economy: It’s About Time

PYMNTS

One of the most important innovations in history is the pendulum clock, which was invented in 1636 by Christiaan Huygens , a Dutch scientist and founder of the field of mathematical physics. Enabling people to use their scarce time more efficiently has been at the core of many disruptive innovations throughout history.

article thumbnail

Collections Predictions 2021: After the Debt Tsunami, the Flood

FICO

Increased provisions, reduced capital, less ability to lend. All this will raise the question: Whatever capital I have got, how much can I lend to borrowers who have a low confidence on their own financial prospects, and are unsure if they should borrow or not? They can optimize the use of their capital and who they lend to.

Taxes 76
Insiders

Sign Up for our Newsletter

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

article thumbnail

Yahoo! Is! For! Sale!: Why Banks Should Care

Celent Banking

The announcement in December came on the heels of a nearly 12-month project aimed at spinning its 15% interest (worth $30 billion) in Alibaba, the Chinese e-commerce company, to its shareholders, a transaction that has been abandoned over tax concerns. It’s very simple: innovation is a game that is played for a full 9 innings.

Google 100
article thumbnail

Bankers Are Navigating a Brave New World with Mergers and ESG

Gonzobanker

Cornerstone Advisors estimates $145 billion of pre-tax revenue has disappeared for bankers via margin compression in only the past two years. On another front, you have digital disruption and fintech innovation, forcing bankers to step up their investments in transformation and more aggressively attack their existing business models.

article thumbnail

What Apple Didn’t Tell You Last Week

PYMNTS

Stockholm is one of my favorite cities in the world and has become a real FinTech innovation hub. Sweden’s highest marginal tax rate is 57 percent, which most people actually pay since that rate applies to all income over 1.5 There’s a capital gains tax of 30 percent, too, and a sales tax of 25 percent.

Apple 100
article thumbnail

Can Rio de Janeiro Withstand The Olympic Pressure?

PYMNTS

In an effort to spur job growth, the Brazilian government offered tax and legal incentives for technology companies within Rio. The move has allowed Brazilians to use their preferred payment method — national credit cards processing in Brazilian Reais (BRL) — to partake in booking rooms on the homesharing site.

Trends 100
article thumbnail

Can FinTech Walk The FinTalk?

PYMNTS

In this world, the only things certain are death and taxes. And one that should be every innovator’s anthem: “ Well done is better than well said.”. Three things that today seem more like talk than truly transformative innovations. Then, there are the claims being made by innovators about its potential. Benjamin Franklin.

Fintech 183