Even as World Economies Shrink Cross Border Commerce Activity Increases

Over the past few weeks I have read more stories regarding the turmoil in Spain, Portugal and Greece related to ongoing economic contractions and austerity efforts. This really hit home when two colleagues both indicated recently that they would be leaving Spain. One intends to live in Brazil while continuing to work for his Spanish employer the other is seeking work in the UK while leaving his family behind in Spain.

While this economic and social uprooting is a very unsettling it does highlight the changes in the global market and the need for systems to adjust to accommodate remittances and shipping across borders.

Identity Verification and Address Validation technologies are needed for companies to remove the barriers and provide goods and services to the mobile consumer markets around the globe.

http://online.wsj.com/article/SB10001424127887323622904578126911619494412.html?mod=world_newsreel