Several major announcements took place at 2016's Mobile World Congress in Barcelona, but just as much activity was happening outside of the event. These big reveals demonstrate the increasingly global and digital nature of the payments industry.
Stripe Announces Atlas
"The promise of the Internet is that geography should be largely irrelevant," said Stripe CEO Patrick Collison (pictured). To turn that promise into reality, Stripe and its partners are launching a service called Atlas, which allows international online businesses to incorporate as a U.S. business entity in Delaware and obtain a U.S. bank account and tax ID number.