Fintech News

JANUARY 7, 2024

Payments innovation in Indonesia holds significant promise for contributing to the nation’s economy and helping bring about a more inclusive, accessible, and equitable financial system. This system is also supporting the country’s digital economy and connecting Indonesians across its large geographically dispersed set of islands.

Financial Inclusion 116

Financial Inclusion Innovation Payments NOV 116

PYMNTS

DECEMBER 24, 2018

It may seem like 2018 was the year of the fraudster, of bad guys and gals acting in concert to steal money, steal privacy and use data for any number of gains. Drilling down a bit from geopolitics, but still eyeing seismic shifts that are worldwide, consider the rise of the global gig economy. Good vs. Bad. We’ll throw a few names out.

Financial Crimes 65

Financial Crimes B2B Real Time Payments Crime 65

PYMNTS

DECEMBER 8, 2018

Luckily, in the era of the gig economy , help is a digital marketplace and a click away. It even has a name: festive stress. It begins to ramp up from mild to severe between December 18 and December 25, when it peaks at 2:05 p.m. “The The holiday season can be completely wonderful and magical — but the hustle and bustle can be draining.

Economy 67

Economy On-Demand Faster Payments Consumer 67

PYMNTS

DECEMBER 28, 2018

There is a decent chance that the 2018 holiday season will be remembered as a time when it became much more clear that survival in the cutthroat pursuit of commerce depends on the stories one can tell about a product or brand. But that’s not all. That was a theme of a PYMNTS interview conducted Thursday (Dec. Holiday Numbers.

Visa 62

Visa Consumer On-Demand Shutdown 62

PYMNTS

JUNE 13, 2019

It’s no secret that the gig economy has grown by leaps and bounds. The economic potential is also considerable, as in 2018 it is estimated that gig workers earned $1.7 As many as a third of U.S. workers are involved, in some way, in project work. The rising tide does not necessarily mean that all boats are lifted.

Economy 49

Economy On-Demand Volume Posting 49

PYMNTS

DECEMBER 30, 2020

Connected-economy companies led 2020’s surprisingly successful roster of U.S. Here are some of the most important connected-economy IPOs expected in 2021, listed in order of either their last publicly estimated or confirmed valuation or published reports indicating what a company expects its value at IPO to be: Instacart ($30 Billion) .

Economy 79

Economy Push-to-Card On-Demand Metaverse 79

PYMNTS

JANUARY 10, 2020

The connected economy is coming into focus, and we looked at the potential for a cyberwar with Iran. billion in a 2018 funding round. Who Will Shape The Future Of The Connected Economy? PayPal made a big acquisition, and Citigroup made a big appointment. That and much more is in this week’s PYMNTS Weekender. Qatar Bans Crypto.

PayPal 52

PayPal Economy MSPS Payment Gateways 52

PYMNTS

OCTOBER 11, 2018

The gig economy is thriving, and workers are taking note: Approximately one-third of the U.S. Gig economy platforms have found an alternative. And in January , Wirecard and gig economy company Moonrise said they were working together to provide same-day payment to gig workers on the Moonrise platform.

Faster Payments 60

Faster Payments Economy Real Time Payments Online and Mobile Banking 60

Fintech News

JUNE 25, 2024

Founded in 2018, DANA has swiftly become one of the nation’s leading e-wallet and payment services, boasting an impressive user base approaching 200 million in 2024. DANA stands at the forefront of the rapidly evolving digital landscape of Indonesia, revolutionising the way people conduct financial transactions.

Database 122

Database Volume On-Demand Disaster Recovery 122

PYMNTS

JUNE 4, 2018

Reports of her 2018 internet trends presentation have been hard to avoid in recent days, and not every Meeker observation rises to the level of news or wisdom. No one reading this needs to be told how the importance of the gig economy and freelance work continues to grow, but Meeker offered her perspective. Take privacy.

AI 44

AI Privacy Economy On-Demand 44

CB Insights

SEPTEMBER 24, 2018

global wellness economy is exploding. Get a data-driven look at the wellness economy. The Wellness Economy’s Top Industries. As consumer demand rises, businesses are buying into the trend. As interest rises, consumers, startups, and corporations are placing broad bets across the space. The Rise Of Wellness.

Economy 76

Economy On-Demand Product Consumer 76

PYMNTS

AUGUST 28, 2018

As of early 2018, U.S. Crediting lower taxes, thanks to the end of the year tax reform bill passed by Congress, regional bank executives saw a sudden and notable pick up in both commercial loan demand and a big jump in spending on credit and debit cards. BB&T is expecting to see loan growth between 2 to 4 percent in 2018.

Small Business 40

Small Business Debit Card Underwriting On-Demand 40

PYMNTS

OCTOBER 19, 2020

Canada’s economy has rebounded from the depths of the coronavirus-triggered downturn over the summer but still remains stuck in negative territory, a new Bank of Canada survey finds. Overall, Canada’s business community is divided in its outlook where the nation’s economy is headed over the coming months as the coronavirus crisis drags on.

Shutdown 56

Shutdown On-Demand Economy Returns 56

PYMNTS

NOVEMBER 22, 2020

One reason for inflation as measured by the Consumer Price Index — a widely-watched measure of economic activity — is that businesses in some sectors will take time to rebuild workforces to levels sufficient to meet pre-COVID-19 demand, but eventually will be up to full capacity, the WSJ reported.

Consumer 67

Consumer Fed Shutdown On-Demand 67

PYMNTS

APRIL 9, 2019

Despite interest rates hovering near record lows, demand for loans by eurozone businesses was flat at the start of the year, increasing the likelihood the European Central Bank will have to make moves to boost the economy. At the end of 2018, by contrast, 9 percent of banks reported an increase.

Central Bank 40

Central Bank On-Demand Economy Consumer 40

PYMNTS

MAY 22, 2020

a Chinese grocery delivery startup, is expected to receive more than $500 million in expansion financing as COVID-19 has fueled demand for fresh food at home, sources told Bloomberg News. As of 2018, Missfresh had $1.5 The demand for online groceries has become a factor in the U.S. Beijing’s Missfresh Ecommerce Co.,

Finance 83

Finance On-Demand Economy Consumer 83

PYMNTS

AUGUST 20, 2020

Uber Health was launched in 2018 to provide medical transportation services. This will be accomplished through a partnership with NimbleRx , an on-demand prescription delivery program. “With COVID-19 cases still on the rise across the U.S., million people.

On-Demand 92

On-Demand Accounts Product Consumer 92

PYMNTS

MAY 3, 2019

Whether these job creation figures are accurate or not, there’s no question that the rise of gig work is having an impact on the economy. In collaboration with Hyperwallet , PYMNTS produced The Gig Economy Index to gather insights into the state of this growing industry. income in 2018. percent in Q3 2018 to 32.6

Economy 40

Economy Participant Rules Payroll 40

PYMNTS

DECEMBER 10, 2020

As stated in the company’s S-1 filing with the Securities and Exchange Commission, domestic travel has helped the company rebound from nadirs seen as the coronavirus brought global economies to a standstill. Platform companies are all the rage on Wall Street. 10) far above initial targeted ranges. As noted in this space previously, on Sept.

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Cross-Border On-Demand Facilitators Transactions 99

PYMNTS

MAY 28, 2018

But services such as Bellhops are disrupting the market — and making a challenging time for consumers easier — by bringing an on-demand pricing model to the moving industry. People [were] intrigued by the gig economy process of pay as you go,” Bellhops spokesperson Kyle Miller told PYMNTS in an interview.

Economy 41

Economy Consumer On-Demand Process 41

PYMNTS

JANUARY 1, 2019

Here’s a 2019 prediction that we guarantee will come true: There will be no human being or business adamantly hoping to be paid slower in 2019 than they were in 2018. When PYMNTS and Visa spoke to 2,800 consumers for the 2018 edition of the How We Will Pay study, working consumers were among the groups keenest to be paid faster.

Instant Payments 79

Instant Payments PayPal Payments Economy 79

PYMNTS

APRIL 16, 2019

Chief Executive Brian Moynihan cited demand for credit from middle-market business, and noted that was “good news for the economy overall.” Chief Executive Brian Moynihan cited demand for credit from middle-market business, and noted that was “good news for the economy overall.” economy slow in the near future.

Zelle 61

Zelle Transactions P2P Mobile Banking 61

PYMNTS

AUGUST 3, 2020

If it takes a year to contain the COVID-19 pandemic and reopen economies, global payments could fall by as much as $108.6 South Asia could be among the hardest hit regions of the world, with remittances falling by 25 percent compared to their 2018 levels. billion this year, according to Asian Development Bank (ADB) economists.

Authorization 101

Authorization Returns On-Demand Economy 101

PYMNTS

SEPTEMBER 8, 2020

trillion funding gap in 2018, long before to the pandemic. If demand returns in the worldwide economy, the International Chamber of Commerce (ICC) forecasts a possible $2 trillion to $5 trillion shortfall in trade financing up to 2021. The ADB approximated a $1.5 8) announcement.

Visa 79

Visa Finance Returns On-Demand 79

PYMNTS

MARCH 12, 2019

The gig economy is gaining steam, as roughly a third (more than 35 percent) of U.S. And as we found in the Gig Economy Index , a joint effort between PYMNTS and Hyperwallet , PayPal remains the most popular payment method for gig workers. percent of gig economy workers surveyed last quarter (Q3 2018) to 41.9

Debit Card 76

Debit Card PayPal Real Time Payments Economy 76

PYMNTS

MAY 11, 2020

This gives people the opportunity to get paid on-demand in real-time. Ossip called the Dayforce Wallet “a game-changer” by helping employees tap immediate funds during a time when the worldwide economy is being upended due to the crisis. In February, Ceridian expanded its offering to New Zealand.

On-Demand 72

On-Demand Acquirers Payments Visa 72

PYMNTS

NOVEMBER 17, 2020

Nav CEO Greg Ott said the embedded finance industry is thriving for good reason in the current economy. This demand is made far more urgent by COVID-19. Traditional banking isn't built to serve small businesses, and financial technology is quickly filling that gap,” he said, according to the release.

Embedded Finance 66

Embedded Finance Finance Credit Cards On-Demand 66

PYMNTS

JANUARY 25, 2019

At the same time, gig economy workers don’t want to wait for funds or spend additional time moving money from one account to another. And the demand for faster payments is strong in the U.S., Data: $255B: The value of faster payments in the United States at the end of 2018. 70 percent: The approximate share of U.S.

Community Banks 46

Community Banks Faster Payments Contactless Payments Economy 46

PYMNTS

APRIL 9, 2020

The growth of Uber for Business comes after an experimental version of the offering debuted in 2018. economy: Many Americans have almost no savings and are living hand-to-mouth. A wave of chargebacks is headed toward the payments industry, spurred by COVID-19, as all sectors of the worldwide economy have been disrupted.

Finance 56

Finance Disputes Economy Visa 56

PYMNTS

FEBRUARY 15, 2017

It’s safe to say the sharing economy isn’t going anywhere soon. The success behind the sharing economy is typically due to the fact there’s an unaddressed need demanding attention. GG: Oomf is a cloud software platform that enables the sharing economy. PYMNTS: In your own words, what is Oomf about? This is what Oomf does.

Economy 50

Economy Returns Product On-Demand 50

Fintech News

FEBRUARY 7, 2024

It says it currently has around 20 different financial solutions in the pipeline, and plans to use the proceeds from its latest fundraising to expand its lending products to “more segments of the Filipino new economy”. Founded in 2019 and headquartered in Manila, Netbank is a fully regulated Filipino bank, operating on a white-labeled basis.

FinTech 106

FinTech Online and Mobile Banking Non-Bank On-Demand 106

PYMNTS

OCTOBER 30, 2020

The purchase builds on a strategic partnership and investment made in 2018, where Visa invested in the firm back then. Visa reported fiscal Q4 results that illustrated a rally in pent-up demand, with volumes up quarter over quarter. REPORT: Consumer Privacy Concerns Demand Regulatory Compliance. 3 election.

B2B 64

B2B Technology Payments On-Demand 64

PYMNTS

NOVEMBER 5, 2020

Apple has been ordered to face a lawsuit from shareholders over CEO Tim Cook's reported concealment of falling iPhone demand in China, Reuters reports, which caused investors to lose billions. pension fund, can sue over Cook's 2018 comment that while the iPhone was facing sales pressure in some markets, China was not among them.

Request for Comment 58

Request for Comment Rules Legal NOV 58

PYMNTS

JANUARY 17, 2019

Employees and a shifting talent landscape have introduced the demand for payroll flexibility. “What I’ve seen is, as our economy changes, and as the way that people work changes, clients are looking for flexibility in how they deliver compensation to employees,” Dunwoodie told PYMNTS in a recent interview.

Payroll 69

Payroll Payment APIs and Integration On-Demand Identity Theft 69

PYMNTS

JANUARY 30, 2020

economy is still showing growth, yes, but growth is slowing — and may be slowing enough to stir up some caution. percent increase in 2018 and 2.4 consumer, long the engine of growth for the economy (at about two thirds of the overall economy), continued to spend through the end of the year. percent in the fourth quarter.

Consumer 57

Consumer Cross-Border Economy On-Demand 57

PYMNTS

NOVEMBER 24, 2019

business activity is starting to show signs of rebounding as global economies slow down, a Nov. This indicates that the “currency area’s economy was close to stagnation.”. Companies decreasing capital investments point to slowing demand more than the U.S.-China That is double the rate from the first half of 2018.

Federal Reserve 43

Federal Reserve NOV Economy On-Demand 43

PYMNTS

DECEMBER 15, 2020

Against the backdrop of the converging trends of cash loyalty and a rising need to transact online, we feel there is strong consumer demand in the U.S. Paysafecash launched in 2018 and is now live in nearly 30 markets around the world, according to the release. for our Paysafecash solution," he said in the release.

Alternative Payment Methods 72

Alternative Payment Methods Online and Mobile Banking Federal Reserve Payments 72