PYMNTS

OCTOBER 15, 2020

In a roundup of today’s top retail stories: The automotive market continues its comeback with a digital spin, conversational commerce is the next big pandemic-fueled trend, and Tiffany said that its preliminary sales results for August and September 2020 are positive. Automotive Continues Comeback Leading With Digital-First Tools.

Continuity 82

Continuity Economy Consumer Payments 82

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

MARCH 27, 2025

In 2019, we pivoted to focus on helping millions of businesses and individuals access seamless payments, banking, credit and business management tools, trusted by millions of businesses. Financial inclusion and access to credit continue to be a hurdle for businesses especially SMEs and individuals in Nigeria.

FinTech 59

FinTech Financial Inclusion Cross-Border Payments Online and Mobile Banking 59

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

Clearly Payments

MARCH 18, 2025

While small businesses dominate the landscape, a significant number of large enterprises also play a crucial role in shaping the economy. trillion annually to the economy. economy, with approximately 600,000 businesses employing around 12 million individuals. Pre-Pandemic Growth (20152019) Between 2015 and 2019, the U.S.

Economy 52

Economy Small Business Credit Cards Legal 52

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

The Fintech Times

FEBRUARY 4, 2025

Senegal is one of many countries across the Middle East and Africa trying to diversify its economy and future-proof itself by hosting financial inclusion by employing fintech solutions. Historically, Senegals economy has centred around agriculture, particularly peanuts.

FinTech 59

FinTech Financial Inclusion Online and Mobile Banking Central Bank 59

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

The Fintech Times

MARCH 7, 2025

The Bank also finds that business investment by SMEs continued to be low, a key reason for the lag in UK productivity versus other G7 countries. times as much (27.7billion), despite larger businesses contributing slightly less turnover to the economy (48 per cent) than smaller businesses (52 per cent).

Finance 59

Finance Credit Cards Small Business Continuity 59

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

The Fintech Times

FEBRUARY 19, 2025

Essa Kazim, governor of DIFC “DIFCs Strategy 2030 continues to position us as the top global financial centre in the region and as one of the worlds leading financial centres,” added Essa Kazim , governor of DIFC. Positive change The Global Financial Centres Index continues to rank Dubai as the regions leading financial centre.

AI 75

AI FinTech Laws Authorization 75

Clearly Payments

NOVEMBER 6, 2024

payment processing market remains a major player in the global economy, with transaction volumes that highlight the sector’s vast scale and continued expansion. trillion 2019 $4.0 trillion 2019 $4.0 The issuer takes on the risk of credit and extends funds to complete the transaction on behalf of the cardholder.

Process 105

Process ISOs Credit Cards Online and Mobile Banking 105

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

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 108

FinTech Online and Mobile Banking Payment APIs and Integration Economy 108

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

Finovate

NOVEMBER 18, 2024

Cash usage tanks Since 2019, cash usage across the globe has dropped by 20%. The report notes that global cash usage continues to decline at 4% a year, but developing economies are experiencing a faster rate of decline than that of the U.S., where card usage has long been popular.

Global Payments 69

Global Payments Payments Trends CBDC Embedded Payments 69

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 98

Visa B2B Cross-Border Payments Cross-Border 98

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

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 105

Cross-Border Processors Multi-Currency Contactless Payments 105

The Payments Association

MARCH 19, 2025

The ascent of digital wallets The evolution of digital wallets has mainly been shaped by advancements in technology, a demand for convenience, and the broader shift towards cashless economies. For example, Goldman Sachs partnered with Apple for the Apple Card and savings account offering in 2019.

Digital Payments 88

Digital Payments Finance Online and Mobile Banking Payments 88

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 98

Visa Cross-Border Economy Financial Inclusion 98

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

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

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

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

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