PYMNTS

APRIL 9, 2020

“What was once a checkout button has been transformed into a financial services and commerce platform driven by a mission to help merchants and consumers join and thrive in the global economy,” the executive wrote. The note was first published in PayPal’s 2019 Annual Report. billion in revenue.

PayPal 60

PayPal Economy Accounts Technology 60

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. The enthusiasm for faster and instant payments in the freelance segment has meant that the gig economy has given instant payments a big push in 2018.

Instant Payments 79

Instant Payments PayPal Payments Economy 79

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. That dropped to 44.4

Economy 118

Economy Consumer On-Demand Shutdown 118

PYMNTS

MAY 29, 2020

Sweden is winning the race among European nations to restore the economy from the coronavirus pandemic, according to data published on Friday (May 29), CNBC reported. percent in the first quarter, compared to the last quarter of 2019. percent from January through March. . Sweden’s GDP grew a modest 0.1 percent in Q1. percent. .

Economy 78

Economy Central Bank Research Consulting 78

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

PYMNTS

NOVEMBER 27, 2018

Atiku Abubakar, a 2019 presidential candidate in Nigeria, said he will support cryptocurrency and blockchain if he becomes the country’s next leader, according to the Daily Post. Abubakar, who is a former vice president, plans to use cryptocurrency to help speed up the economy in the country.

Economy 77

Economy Blockchain Cryptocurrency Bitcoin 77

PYMNTS

JANUARY 15, 2020

Mobile data and analytics company App Annie released its annual report The State of Mobile in 2020 , offering a deep dive into the mobile ecosystem in 2019. The annual report offers a perspective of mobile’s impact across industries and the global economy. The report turned the spotlight on the success of TikTok in 2019.

Economy 52

Economy Continuity Product Consumer 52

PYMNTS

SEPTEMBER 2, 2020

Is the gig economy about to take off – literally? In 2019, the eCommerce giant unveiled a drone that could deliver a package weighing up to five pounds within a 15-mile radius in under 30 minutes. Gig work has a new potential subsector: drone piloting.

Economy 87

Economy NOV Use Case Rules 87

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

MAY 16, 2019

The gig economy has operated — and thrived — in a gray area. Classifying gig workers as employees would raise the cost of doing business for many gig economy businesses. In the April 2019 Gig Economy Index , PYMNTS analyzed the current state of the gig economy. Participants in the gig economy are changing.

Economy 76

Economy Direct Deposit PayPal Participant 76

PYMNTS

FEBRUARY 11, 2020

In 2019, balances surpassed $14 trillion for the first time. When we focus on low unemployment and the strong economy, we often forget that in many ways, the rising costs of life can erode most of those gains,” Skylar Olsen, Zillow’s director of economic research, said in a press release. Household debt in the U.S.

Credit Cards 57

Credit Cards Fed Origination Economy 57

PYMNTS

DECEMBER 10, 2020

When you look at what they’re spending year-to-date, they’ve spent more in 2020 than they did in 2019, and that is now across $2.7 Bank of America customers are spending more across all accounts than they did last year, but more stimulus is needed to support small businesses and people who are unemployed, according to CEO Brian Moynihan.

Debit Card 97

Debit Card Small Business Government Governance 97

PYMNTS

DECEMBER 30, 2019

Chinese banks are easing loan requirements in an attempt to stimulate a stalled economy and fulfill the government’s goal to increase small business lending by 30 percent, the Financial Times reported on Sunday (Dec. Skeptics worry that making risky loans could have the opposite effect. Last year’s total loans were ¥1.7 percent from 7.4

Economy 52

Economy Small Business Non-Bank Governance 52

PYMNTS

MARCH 1, 2019

While worries about the domestic and global economies loom large, the story on the Street in early 2019 is mostly about growing forward, instead of shrinking back. Firms like Airbnb are signing on more users in more places. Square is building up its revenue and active users.

B2B 59

B2B SWIFT Economy Consumer 59

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

APRIL 28, 2020

The winners of the 2019 FICO® Decisions Awards can now be formally announced. The 2019 FICO Decisions Award winners have demonstrated what is possible with a clear business objective, innovative use of technology and a great partnership. They come from all corners of the globe and many varied sectors of the economy.

Financial Inclusion 52

Financial Inclusion Fraud Detection Regulatory Compliance Non-Bank 52

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.” economy slow in the near future. Bank of America has demonstrated for years now that we can grow well in an economy that is just growing moderately,” he told reporters on a conference call.

Zelle 61

Zelle Transactions P2P Mobile Banking 61

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 Governance 46

PYMNTS

MARCH 11, 2020

The volatile, COVID-driven stock market has had a mixed effect on the retail IPO class of 2019. Americans need to feed their pets whether the economy is good or not.”. Its problems started with its first earnings report in August 2019, after the company reported net losses. after going down by $0.73 at the March 10 close.

Authentication 56

Authentication Adjustments Product Economy 56

The Paypers

MAY 30, 2017

(The Paypers) Bank of Korea has announced that South Korea will start reflecting the digital sharing economy in its gross domestic product from March, 2019.

Economy 28

Economy Product 28

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

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

FEBRUARY 5, 2020

economy $10.3 economy” and the virus, Mark Zandi, chief economist at Moody’s Analytics, told Reuters on Tuesday (Feb. million in 2019, including students, according to Tourism Economics , part of Oxford Economics. China’s outbreak of the coronavirus has triggered travel bans that could end up costing the U.S.

Economy 53

Economy SARS Governance Government 53

PYMNTS

DECEMBER 26, 2018

A strong national economy and plans to expand and welcome rising revenues allowed business owners and executives to retain a positive outlook, despite potentially disruptive issues like a global trade war. A look into 2019 does show some signs for concern, however, according to a recent report from Dun & Bradstreet. percent, 4.8

Federal Reserve 59

Federal Reserve Agreements On-Demand Fed 59

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. About The Tracker.

Economy 56

Economy Verification Payments Online and Mobile Banking 56

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

DECEMBER 29, 2019

business loans and capital investment have essentially plateaued in the second half of 2019, in what experts say is a reflection of the slowing industrial economy. The general trend is related to the slowing economy, with analysts saying that the year’s decline came from contracting U.S. Trade disputes between the U.S.

Federal Reserve 53

Federal Reserve Disputes Economy Finance 53

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

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

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

JULY 23, 2019

The platform economy is being transformed by an increased demand for faster payments bolstered by mobile usage, according to the latest Payments and the Platform Economy Playbook. percent, during the forecast period of 2019-2024. percent, during the forecast period of 2019-2024. billion by 2024, a CAGR of 13.7

Economy 53

Economy PayPal Void Payment Gateways 53

CB Insights

JANUARY 29, 2019

Download the free report to learn about the biggest trends from fintech in 2018 and ones to watch for 2019. The post 7 Fintech Startups Fueling The Gig Economy appeared first on CB Insights Research. Want the full expert post? Become a CB Insights customer. If you’re already a customer, login here.

Economy 44

Economy FinTech Research Posting 44

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 Digital Currency Central Bank 59

The Paypers

JULY 28, 2019

(The Paypers) Ecommerce transactions in the UAE are forecast to total USD 16 billion in 2019 and grow 23% annually between 2018 and 2022, according to a joint study by Dubai Economy and Visa.

Transactions 38

Transactions Economy 38

The Paypers

DECEMBER 28, 2018

(The Paypers) The Ministry of Economic Development and Trade in Ukraine has announced that, in 2019, a transparent system for lease of state property will be launched.

Economy 28

Economy 28

PYMNTS

MARCH 25, 2020

The coronavirus lockdown in January and February caused the Chinese economy to drop by a fifth compared to the same periods in 2019, according to the government data. China experienced its worst decline in 30 years due to the pandemic that is sweeping the world after starting in Wuhan at the end of December 2019. percent.

Economy 44

Economy Authorization Governance Government 44

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