PYMNTS

JANUARY 27, 2021

Riding the success of the global connected economy and a better than expected performance from the iPhone 12, the company logged its first $100 billion quarter, with the number reported during its earnings announcement on Wednesday (Jan. billion in 2019. Apple also continued to benefit from the stay-at-home economy.

Economy 94

Economy Product Continuity Addressing 94

PYMNTS

DECEMBER 27, 2018

27) that the economy on a global basis is headed for a slowdown next year. Reuters, citing the European Central Bank’s regular economic bulletin, reported the European Central Bank said the global economy will stabilize after a slowdown in 2019. economy still showing signs of strength.

Central Bank 76

Central Bank Small Business Shutdown Economy 76

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

DECEMBER 24, 2020

When it’s said and done there was only one story that mattered in the retail universe this year and it was the rise of the digital-first economy. Now compare it to Q2 2019 and the 6.4 It even dropped from Q2 2019 (46.6 Bottom line: In 2019, Amazon accounted for 6.8 The numbers speak for themselves. D2C Explodes.

Economy 118

Economy Consumer On-Demand Shutdown 118

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

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

JANUARY 20, 2020

The International Monetary Fund (IMF) has slashed its forecasts for growth of the global economy, calling it sluggish, and said there isn’t any sign on the horizon that things are going to turn around, according to a report by CNBC. percent for 2019 and 3.3 percent this year. . It is now revising those numbers to 2.9 percent for 2020.

Economy 52

Economy Agreements Mitigation Risk 52

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

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 75

Visa B2B Cross-Border Payments Cross-Border 75

PYMNTS

JANUARY 10, 2020

economy continues its upward trajectory with 145,000 jobs added in December. in 2018, putting 2019 in eighth place over the last decade. This makes for a decade of steady payroll growth, which is the longest stretch in 80 years, according to a report by The Wall Street Journal. Unemployment remained at a 50-year-low level, at 3.5

Continuity 52

Continuity Payroll Economy 52

PYMNTS

FEBRUARY 6, 2019

We believe the underlying state of the economy is sound,” NRF President and CEO Matthew Shay said in a press release. The biggest priority is to ensure that our economy continues to grow and to avoid self-inflicted wounds. The Federation is now predicting that there will be growth in 2019 of between 3.8 percent and 4.4

Shutdown 46

Shutdown Economy Consumer Government 46

PYMNTS

JUNE 10, 2020

In the latest Gig Economy Tracker® , PYMNTS analyzes the ways in which the pandemic has impacted the freelance economy, and how expectations both for creating new relationships for identity verification processes and for payments has changed as a result. Around The Gig Economy Payments World.

Economy 56

Economy Verification Online and Mobile Banking Payments 56

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

DECEMBER 30, 2019

Hyman continued, “I think that the customer today wants flexibility to decide when to invest and when to play.”. In 2019, some online marketplaces took a page out of the sharing economy playbook for clothing. In 2019, a clothing subscription service also bought a brick-and-mortar retailer. An Acquisition and a Hurdle.

Economy 53

Economy Returns Continuity Use Case 53

PYMNTS

MAY 15, 2019

It is the latest of conflicting economic data points that have reportedly left economists struggling to explain the mood of American consumers in 2019. The economy, as a result, grew by an annual 3.2 Retail sales were down 0.2 percent in April, following an unexpectedly large 1.7 percent jump in March (an upward revision of the 1.6

Economy 56

Economy Fed Consumer Origination 56

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

FICO

FEBRUARY 25, 2019

After a 2018 that had its highs and lows, what might 2019 have in store from a credit risk management standpoint? In 2019, enhanced credit underwriting via digitally contributed-consumer data will hit the mainstream. We will be closely monitoring the odds-to-score relationship in 2019. revolver vs. transactor).

Credit Risk 63

Credit Risk Underwriting Origination Fed 63

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

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

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

SEPTEMBER 4, 2019

Since the economy got back on its feet, every sector of the economy is facing a qualified worker shortage,” said SC Trucking Association President Rick Todd, according to the publication. One wonders what the impact would be should trends continue, and smaller trucking companies continue to go by the wayside.

On-Demand 49

On-Demand Economy Continuity Consumer 49

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

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 88

FinTech Federal Reserve Cross-Border Innovation 88

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

The Fintech Times

NOVEMBER 14, 2024

In fact, all their economies would be considered low-middle income based on gross domestic product (GDP), excluding Turkmenistan. This culminated in 2019, when it adopted the Digital Kyrgyzstan 2019-2023 Strategy. The desire for more digital payment methods continued to grow in Uzbekistan.

FinTech 72

FinTech Online and Mobile Banking Financial Inclusion Central Bank 72

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 80

Visa Cross-Border Economy Financial Inclusion 80

The Fintech Times

SEPTEMBER 10, 2024

In 2024, China’s fintech landscape is playing an increasingly central role in its economic development, as the country continues to solidify its position as the world’s second-largest economy. China’s economy is diverse, with leadership across various sectors, including manufacturing, agriculture, and financial services.

FinTech 59

FinTech Online and Mobile Banking Central Bank Digital Currency 59

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

NOVEMBER 7, 2019

Gig economy platform Upwork plans to focus more on larger companies in the coming months, as the company seeks to increase its market share in the fast-growing world of matching freelance labor with employers via digital technology. That news came as Upwork announced its Q3 2019 earnings results on Thursday (Nov.

Economy 40

Economy NOV Small Business Acquirers 40

PYMNTS

FEBRUARY 26, 2020

Gap has announced it has partnered with resale platform thredUP , which has taken the lead as a third-party “circular economy” company. Gap is the biggest partner thredUP has signed to date as it continues to expand its business model and store-within-store concept. Resale is becoming mainstream.

Continuity 52

Continuity Consumer On-Demand Economy 52

The Fintech Times

OCTOBER 31, 2024

Once among the poorest countries globally, Bangladesh now showcases a rapidly developing economy that is embracing digitalisation to expand financial access and foster inclusion. For instance, transactions using mobile devices has grown, doubling to over $50billion in 2019 from just three years prior.

Financial Inclusion 72

Financial Inclusion FinTech Financial Literacy Correspondent Bank 72

PYMNTS

DECEMBER 27, 2019

By the numbers, it is hard to deny in the closing days of 2019 that instant payments, as observed by the PYMNTS Instant Payments Tracker , have hit their stride and are no longer a P2P payments tool for gig economy workers. In 2019 that number had nearly quadrupled to 42 percent. We’ll keep you waiting on the other six.

Instant Payments 55

Instant Payments Payments Interoperability Innovation 55

Lending Front

JUNE 6, 2021

But while the economy in general is expected to boom, many small businesses are still in recovery mode. Of the firms that did apply for non-emergency financing, only 37% of applicants received all of the financing they sought in 2020, down from 51% in 2019. The post The Economy is Rebounding—But Small Businesses Are Still Recovering.

Small Business 52

Small Business Community Banks Economy Non-Bank 52

PYMNTS

DECEMBER 24, 2019

And 2019 was no exception. In a PYMNTS interview, Sean Rathjen, president and CEO of Consumers Credit Union of Illinois, discussed with Karen Webster how CUs are embracing digital services without losing sight of their roots — an exciting, but challenging effort that promises to continue in the foreseeable future. trillion in U.S.

Payment APIs and Integration 53

Payment APIs and Integration Credit Union Online and Mobile Banking Payments 53

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

DECEMBER 12, 2018

Thanks to low unemployment, growth in GDP and real disposable income, TransUnion forecasted that consumer credit originations and consumer balances will increase in 2019 for the lion’s share of credit products. percent in the fourth quarter of 2019 compared to 1.94 percent in the fourth quarter of this year.

Origination 51

Origination Consumer Credit Cards Risk 51