Monday, August 08, 2022

Today in Global Small Business: Get Ready for the Wave of Digitization

What's affecting me, my clients, my colleagues and other global small business owners:

  • A rapid wave of digitization over the last few years sparked a significant shift in how businesses make and receive payments. American Express introduces Global Pay, a B2B cross-border payment solution for small businesses.
  • The market read the Federal Reserve wrong.  Here's how.
  • Here are five things by Gene Marks in technology that happened this past week and how they affect your business.
  • Quote of the week: "One of the factors that I believe is the biggest obstacle to transformation is the fear of cannibalization.”— Ganesh Ayyar, Mphasis
  • As provided by Gene Marks, more than than 60% of world population will use digital wallets by 2026.  Get ready.
  • IRS updates crypto questions for 2022 tax return to include gifts.

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