PYMNTS

JANUARY 1, 2019

But relatively high stock prices and access to more capital remain prime temptations, and there is little doubt that 2019 will bring more than few exciting — and telling — IPOs. After all, speculation and anticipation serve as the brush-and-paper, quick-burning fuel of the bonfire known as the economy.

Payments 89

Payments Economy Underwriting Continuity 89

PYMNTS

JANUARY 11, 2021

economy took due to the pandemic, The Wall Street Journal reported, citing data from Mexico's central bank. billion in 2019. billion in July 2019, according to reports. According to WSJ, remittances also appear to be up for 2020 compared to 2019 in Guatemala, El Salvador and Honduras.

Cross-Border 125

Cross-Border Funds Transfer Central Bank Economy 125

The Fintech Times

NOVEMBER 9, 2024

In the last five years, Sri Lanka’s economy has struggled greatly. In 2019, there were terrorist attacks that harmed the tourism industry, a major source of income. Since these actions were taken, the fintech sector has continued to grow in Sri Lanka. Could fintech be the catalyst it needs to see a revival?

Economy 96

Economy Online and Mobile Banking Central Bank Financial Inclusion 96

PYMNTS

OCTOBER 15, 2020

Although consumer shopping behaviors are changing, the automotive market continues its comeback, with the digital-first economy playing a lead role and a newly-minted publicly-traded company — Shift Technologies — among its ranks. Comscore also says the used car online marketplace has spiked during the pandemic.

Continuity 75

Continuity Consumer Economy Research 75

PYMNTS

APRIL 8, 2019

The rise of the global sharing economy — tied to online marketplace operations — is sparking challenges related to trust, security and confidence for buyers and sellers alike. The global sharing economy stood at about $148 billion in 2014 (certainly nothing to sneeze at), and will balloon to $335 billion by 2025, less than six years away.

Economy 78

Economy Payments Authorization Verification 78

PYMNTS

OCTOBER 23, 2020

That means that sales — from listing to closings — have accelerated, as time on the market was 22 days in August and 32 days in September 2019. In terms of turnaround, properties were on the market for only 21 days. NAR said that first-time buyers were 31 percent of the market, down from 33 percent seen in previous readings.

Continuity 90

Continuity On-Demand Adjustments Economy 90

PYMNTS

FEBRUARY 24, 2020

And today, 384 years later, innovators are still using time to disrupt the status quo across each of the eight cornerstones of our connected economy. We observed this last year in the 2019 How We Will Pay study , done in conjunction with Visa, which examined the use of connected devices to buy and pay across some 2,800 U.S.

Economy 83

Economy Online and Mobile Banking Remote Deposit Capture Innovation 83

PYMNTS

OCTOBER 27, 2020

billion for 2020’s first nine months versus the same 2019 period. Revenue within the Acceptance and Payments segments included revenue from the First Data acquisition in July 2019.). The company also raised its full-year 2020 outlook, now expecting adjusted earnings per share to grow at least 11 percent over 2019.

Economy 67

Economy Contactless Payments Adjustments Processors 67

The Fintech Times

AUGUST 19, 2024

Over the past 75 years, South Korea’s economy has boomed, undergoing rapid industrialisation with a growth rate of seven per cent annually, according to the International Monetary Fund. Having earned its spot as one of the Four Asian Tigers, we explore what is propelling South Korea’s economy and fintech ecosystem.

Economy 64

Economy Online and Mobile Banking FinTech Governance 64

PYMNTS

SEPTEMBER 1, 2020

The Bank for International Settlements (BIS) said in a recent report that the number of correspondent banks — where banks and financial institutions (and domestic payment systems) are linked together — slipped 3 percent in 2019 vs. 2018 and declined a significant 22 percent from 2011 to 2019.

Correspondent Bank 123

Correspondent Bank Correspondent Cross-Border Cross-Border Payments 123

The Fintech Times

NOVEMBER 4, 2024

Nepal’s economy is very much reliant on agriculture. However, recognising a need for change, Nepal is actively aiming to develop its economy and technological capabilities. The post Can Nepal Continue Building Fintech Foundations to Support Economic Development and Growth? How can fintech support its evolution and growth?

Continuity 59

Continuity FinTech Payment Service Provider (PSP) Mobile Banking 59

The Fintech Times

SEPTEMBER 27, 2024

Agriculture, however, remains the largest contributor to the economy, accounting for nearly half of the GDP and employing two-thirds of the labour force. Developing region As with many developing economies, Myanmar’s informal sector plays a crucial role. The Covid-19 pandemic had a significant impact on Myanmar’s economy.

Financial Inclusion 102

Financial Inclusion FinTech Underserved Central Bank 102

PYMNTS

JANUARY 1, 2021

Cross-border online sales in the United States as a share of total eCommerce surged by 40 percent in May compared to the same month in 2019, and the rate of growth was six times higher than in the previous month. The year-over-year increase in cross-border online sales was even more dramatic in other regions.

Economy 103

Economy Online and Mobile Banking Credit Union Money Laundering 103

The Fintech Times

AUGUST 6, 2024

The second-largest economy in the Association of Southeast Asian Nations (ASEAN) region after Indonesia, has a gross domestic product (GDP) per capita of just shy of $7,000 per person, making Thailand a high-middle-income economy. In 2019, the Bank of Thailand launched a regulatory sandbox initiative.

FinTech 116

FinTech Distributed Ledger Technology (DLT) Cross-Border Cross-Border Payments 116

PYMNTS

JANUARY 28, 2021

But for the recipients of the cross-border money transfers and peer-to-peer (P2P) payments usually associated with developing economies, they are lifelines. Person-to-person international transfers form by far the largest foreign economic support for developing economies. It’s an engine for growth enhancing connectivity.

Cross-Border 117

Cross-Border Innovation Economy Governance 117

PYMNTS

DECEMBER 30, 2020

Connected-economy companies led 2020’s surprisingly successful roster of U.S. Many enjoyed huge first-day price pops, heating up the IPO market even more — and 2021 seems poised to only continue the fireworks. million in the same 2019 period. “We billion in the same 2019 period. million a year earlier. billion from $3.3

Economy 79

Economy Push-to-Card On-Demand Metaverse 79

The Fintech Times

SEPTEMBER 14, 2024

These economies have since developed into fully advanced nations. This became the key factor in driving industrial growth in next-generation smart machinery, Asian Silicon Valley, biotech and pharmaceuticals, green energy, national defence, new agriculture and circular economy.

Innovation 119

Innovation FinTech Payment APIs and Integration Non-Bank 119

PYMNTS

NOVEMBER 25, 2019

People’s Bank Of China ran a report — its 2019 China Financial Stability Report, published on Monday (Nov. In May, a lender was seized, as the financial stability of smaller banking institutions continues to worry experts. In addition, the slowing economy will only make it more difficult to stave them off.

Risk 96

Risk Central Bank NOV Economy 96

PYMNTS

JULY 7, 2020

“The digital economy is here, and those payment providers that are global, digital and fully resilient will lead the reemergence.” . This will continue to be a critical and fundamental area for any payment provider, large or small.” However, we believe the reality is far more nuanced. This has accelerated an expected trend.

Innovation 110

Innovation Non-Bank Economy Treasury 110

PYMNTS

NOVEMBER 18, 2020

Mortgage originations, including refinances, continued on their upward trend as homeowners continue to take advantage of the low interest-rate environment,” Donghoon Lee , research officer at the New York Fed, said in the report, which tallied numbers through Sept. percent in 2019. percent in 2019. Mortgage debt hit $9.86

Credit Cards 124

Credit Cards Consumer Federal Reserve Fed 124

Fintech Finance

AUGUST 21, 2024

Her deep insights into digital payments and commercial solutions, and her leadership across key strategic initiatives in this region will play a crucial role in contributing to the advancement of Thailand’s digital economy, the growth of its SME sector and its transition toward a cashless society.”

Visa 96

Visa Cross-Border Economy Financial Inclusion 96

PYMNTS

NOVEMBER 13, 2020

percent from 2019 — a spending boost driven by COVID-19. billion in 2019. Of course, another key trend to watch is Walmart’s ability to continue to capture the digital shift and grow in the digital-first economy. According to eMarketer , brands will spend $17.37 Amazon has taken a good percentage of that number.

Economy 60

Economy NOV On-Demand Adjustments 60

Fintech News

MAY 15, 2024

The burgeoning video gamer economy The confluence of significant economic, technological , and social forces is set to amplify the prominence of video gamers. The gaming industry in Asia continues to multiply, driven by the increasing number of smartphone users and the popularity of mobile gaming.

FinTech 93

FinTech Online and Mobile Banking Payment APIs and Integration Economy 93

PYMNTS

AUGUST 28, 2020

The Wall Street Journal reports that the layoffs represent 25 percent of the company’s pre-COVID workforce of 68,000, as the global travel slowdown continues to hurt the casino industry’s recovery from COVID-19. Labor Department reported that the nation’s economy added 1.8 employees on Friday (Aug. While the U.S.

Economy 99

Economy On-Demand Laws Continuity 99

PYMNTS

DECEMBER 20, 2020

In particular, Norcross has said he wants to continue to grow through acquisitions. FIS struck a $35 billion deal to buy Worldpay early in 2019, while Global Payments bought Total Systems Services, or TSYS, months after that, WSJ reported. FIS' revenues increased 13 percent to $3.19 FIS' revenues increased 13 percent to $3.19

Global Payments 104

Global Payments Payments Facilitators Economy 104

Fintech Finance

NOVEMBER 11, 2024

This new collaboration marks the continuation of a long-standing strategic partnership between the two companies and aims to digitize and optimize payment flows between travel agencies and the various suppliers associated with travel bookings. billion recorded in 2019. Khalil, EVP & Division President, East Arabia, Mastercard.

Visa 88

Visa B2B Cross-Border Payments Cross-Border 88

PYMNTS

MAY 21, 2020

Despite falling sales, median home prices for all housing types continued to rise in every region of the country last month to $286,800, up 7.4 percent from April 2019 when the median was $267,000. First-time buyers were responsible for 36 percent of sales in April, up from 32 percent in April of 2019. percent in the region.

On-Demand 98

On-Demand Economy Continuity 98

PYMNTS

MAY 27, 2020

The discount is available to anyone who earns money on an Uber-related gig economy app, including Uber Eats, Uber Works and Uber Freight. Remittance payments to several poorer countries, including Somalia, Haiti and South Sudan, have fallen off during the pandemic as the world ground to a halt and economies in every country fell.

Economy 88

Economy Transactions Finance Continuity 88

PYMNTS

OCTOBER 11, 2020

T]he euro area economy is still operating far below its pre-pandemic level," he added. percent below the same figure at the end of 2019, he said, and "economic activity is foreseen to return to pre-pandemic levels only towards the end of 2022.". Economic output by the end of 2020 is expected to wind up about 5.2

Central Bank 96

Central Bank Assessments Consulting On-Demand 96

PYMNTS

JUNE 15, 2020

As the growing app economy has brought innovation throughout 175 nations, Apple said Monday (June 15) the App Store ecosystem fostered $519 billion in sales around the world just last year.

Facilitators 60

Facilitators Innovation Economy Continuity 60

PYMNTS

DECEMBER 23, 2020

Certain banks catering to small businesses will also continue to receive government support in the wake of a massive shutdown earlier this year due to the COVID-19 pandemic. China’s economy returned to growth in the second quarter and is now the only leading economy to show significant growth in 2020, with GDP growing 0.7%

Economy 69

Economy Returns Shutdown Small Business 69

PYMNTS

OCTOBER 5, 2020

continues to capitalize on growth opportunities. The latest: China’s digital economy giant has struck a multimillion-dollar deal to buy as much as a 9.99 Alibaba Group Holding Co. percent stake in the Swiss duty-free retailer Dufry , Bloomberg reported on Monday (Oct.

Acquirers 105

Acquirers Economy Addressing Consumer 105

PYMNTS

JULY 2, 2020

The government ban happened when Lagos, the government hub of Africa’s largest economy, banned motorbike passenger service in January, according to director of marketing Osagie Alonge , Bloomberg reported. OPay entered the Nigerian market in June of 2019. He said the bulk of drivers were hit by that ban months ago, before the pandemic.

Online and Mobile Banking 79

Online and Mobile Banking Central Bank Financial Inclusion Governance 79

PYMNTS

SEPTEMBER 9, 2019

In a move intended to boost business as the trade war continues with the U.S., an electronic components manufacturer, told the WSJ the data “is telling us nothing good about the China economy.” Small changes in China have a major impact on economies in the U.S., China on Friday (Sept. Germany, and Japan.

Central Bank 76

Central Bank Economy Returns Product 76

Clearly Payments

OCTOBER 7, 2024

The COVID-19 pandemic has reshaped industries and economies worldwide. As of 2024, it is clear that the changes initiated during the pandemic are not just temporary adjustments but enduring shifts that continue to define the industry’s trajectory. billion in 2019. in 2020, reaching $4.28 billion in 2022, up from $7.5

Cross-Border 89

Cross-Border Processors Multi-Currency Contactless Payments 89

PYMNTS

NOVEMBER 10, 2020

Gareth Walsh , chief executive officer for SumUp Ireland, said small firms are the backbone of a strong economy and getting a license “during this critical time” amid the ongoing pandemic lets the firm continue “to empower those small businesses” and help them thrive. .

Central Bank 98

Central Bank FinTech Small Business Regulations 98

Fintech News

NOVEMBER 6, 2024

Despite global economic challenges and a recent “funding winter,” ASEAN’s fintech investments have shown resilience, with funding in the region’s six largest economies reaching US$1.41 When rates were previously cut between 2019 and 2021, ASEAN fintech funding peaked at US$6.36 billion in the first nine months of 2024.

FinTech 93

FinTech Federal Reserve Cross-Border Innovation 93