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Mastercard: New Stride Partnership Is Just ‘First Step’ In Helping Gig Workers

PYMNTS

Jess Turner, Mastercard’s executive vice president for North America Products and Innovation, tells PYMNTS the venture is just one part of the firm’s push to help gig workers get benefits. With gig-economy participation rising and U.S. 15) following the partnership’s announcement. “We 15) following the partnership’s announcement.

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Tap to Pay: What It Is and How It Works

Stax

Since the first plastic credit card was issued by American Express in 1959 , payment tech progress has been growing exponentially. EMV chip card technology had a good two decades or so, beginning in the mid-’90s. Most modern card readers and payment terminals are NFC-equipped.

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Japan Consumers Slow To Embrace Digital Payments

PYMNTS

The report pointed to a study conducted in March that found that credit cards were the most preferred payment method chosen by 80.7 percent of participants in the survey. The Japanese government has pushed a number of initiatives to encourage electronic payments. percent of the survey respondents.

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A List of Digital Banks in Asia

Fintech News

Are digital first banks in Asia poised to lead a disruptive charge against well-entrenched, established commercial banks? In the traditional banking sphere globally, but especially true in Asia, there is a considerable proportion of unbanked and underbanked populations who lack complete or any access to banking services.

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Everything You Need To Know About What Amazon Is Doing In Financial Services

CB Insights

But it’s clear that the company remains very focused on building financial services products that support its core strategic goal: increasing participation in the Amazon ecosystem. Webpay failed to gain user traction and was shut down in 2014, unlike up-start Venmo (now a part of rival payments processor PayPal). Amazon Payments.

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Is Amazon Planning A ‘Megafleet’ For Electric Delivery?

PYMNTS

As well, the Morgan Stanley research note follows Amazon’s participation in a $700 million funding round for Rivian , which makes electric pickup trucks and SUVs. Any push by Amazon to buy significant amounts of electric vehicles will have other impacts as well. Fleet Benefits. The result?

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

CB Insights

As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Virtual card issuance. Business lending and corporate cards. Supporting merchant partner growth. Growing the internet economy.