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 The financial situation for households and businesses has been helped in part by government stimulus money provided via direct funds, pandemic unemployment, and Paycheck Protection Program (PPP) loans. .

Debit Card 97

Debit Card Small Business Governance Government 97

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

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

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. The Chinese government is sacrificing banking profits to rescue small firms,” Ji told the news outlet.

Economy 52

Economy Small Business Non-Bank Governance 52

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. The self-governing island of Taiwan reported 10 cases. billion in lost tourism dollars. billion loss in U.S.

Economy 53

Economy SARS Governance Government 53

PYMNTS

FEBRUARY 6, 2019

trillion, despite threats from a trade war with China and the recent government shutdown. “We 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.

Shutdown 46

Shutdown Economy Consumer Governance 46

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

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 unexpectedly fell in April as motor vehicle purchases slumped, government data showed on Wednesday.

Economy 56

Economy Fed Consumer Origination 56

PYMNTS

JUNE 10, 2020

government has developed programs to help, such as the Pandemic Unemployment Assistance (PUA) program, but freelancers are still waiting weeks in some cases to receive their relief checks. Around The Gig Economy Payments World. For more on these and other stories, visit the Tracker’s News & Trends.

Economy 56

Economy Verification Online and Mobile Banking Payments 56

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. government conducts a study every year to measure how Americans spend those 24 hours. PYMNTS.com 2020 SOURCE: 2019 How We Will Pay Study. In fact, the U.S. Turning Time Into Money.

Economy 83

Economy Online and Mobile Banking Remote Deposit Capture Innovation 83

PYMNTS

MARCH 29, 2020

government could deliver its stimulus funds to help the coronavirus-wrecked economy. The popular apps have seen widespread use in recent years, though the government thus far has not adopted either one for any official means. Venmo and Cash App want to be considered as ways the U.S.

Venmo 97

Venmo Treasury Federal Reserve Direct Deposit 97

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

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.

Economy 44

Economy Authorization Governance Government 44

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

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. This happens even as governments shut borders.”.

Cross-Border 117

Cross-Border Innovation Economy Governance 117

PYMNTS

JULY 2, 2020

OPay , the SoftBank -backed African eCommerce and payments company, has suspended its Nigerian operation, citing the coronavirus pandemic and also a government ban, Bloomberg reports. OPay entered the Nigerian market in June of 2019.

Online and Mobile Banking 79

Online and Mobile Banking Central Bank Financial Inclusion Government 79

The Fintech Times

SEPTEMBER 19, 2024

With banks around the world facing more pressure from the public, governments, and regulators to lower their carbon emissions, Sage is aiming to help them enhance their green lending practices.

API 59

API Payroll Automation Accounts 59

PYMNTS

MAY 15, 2020

In addition, the government indicated that job openings fell to 6.19 In January 2019, vacancies hit a hit of 7.52 And the government noted that the economy lost 20.5 And the tally of individuals resigning from their positions voluntarily declined to 2.78 million by 654,000. percent to March’s 3.9 percent to March’s 3.9

Economy 89

Economy Payroll Government Governance 89

PYMNTS

DECEMBER 26, 2019

Initial public offerings (IPOs) in India during 2019 have dropped to a four-year low as the Southeast Asian country’s economy cools, according to Reuters. Analysts anticipate additional government reforms in 2020 could help improve stock markets, however. billion in 2019. overall in 2019. IPO value was at $11.7

Economy 52

Economy Government Governance Consulting 52

PYMNTS

JULY 26, 2020

He told the newspaper that it will be a challenge to convince other countries to accept UPI because governments prefer regulatory control. Asbe told the FT that UPI’s strength was its appeal across India’s fragmented economy, which ranges from poorer communities to wealthy consumers. There’s a huge opportunity,” Shah said.

Volume 123

Volume Transactions Digital Payments Online and Mobile Banking 123

PYMNTS

OCTOBER 16, 2020

In May 2019, the government took over Baoshang Bank in the first seizure of its kind in almost 20 years. Furthermore, the Beijing government has requested that banks forfeit 1.5 They’ve been asked to support the economy at the expense of their own operational strength.” .

Regulations 112

Regulations Central Bank Risk Governance 112

FICO

NOVEMBER 8, 2019

The final day of FICO World started with our Chief Analytics Officer, Scott Zoldi, and Kate Crawford, co-founder of AI Now Institute, discussing important governance issues related to analytics modeling, data choices and usage, and the roles and responsibilities of data scientists in our digital age.

AI 40

AI Financial Inclusion Innovation Government 40

PYMNTS

AUGUST 30, 2020

Profits, the report found, were around $18 billion across both the first two quarters this year — a massive downward trend from the near $55 billion from 2019. billion, with CEO Jamie Dimon saying the purpose was to brace for the uncertain economy and people maybe not being able to pay loans back. Morgan setting aside $10.47

Consumer 82

Consumer Economy Legal Governance 82

PYMNTS

NOVEMBER 1, 2020

Amazon is suspending advertising related to pre-Black Friday campaigns in France after coming under fire from at least one government official who said it was unfair for the online giant to flex its digital retail muscle just as a new pandemic shutdown forces small shops and restaurants to close, Reuters reported.

Shutdown 82

Shutdown Economy On-Demand Governance 82

PYMNTS

SEPTEMBER 21, 2020

Despite the struggling economy, U.S. trillion and total government debt $25.6 Federal government debt increased by 58.9 And state and local government debt increased by an annual rate of 3.5 percentage points in 2019. household wealth hit new highs in 2020, according to a report by the Federal Reserve.

Federal Reserve 58

Federal Reserve Fed Governance Government 58

PYMNTS

JUNE 12, 2019

Meeker is a longtime internet and digital economy expert who now works for Bond Capital, a venture firm. The ongoing growth of ridesharing – itself a part of the larger and expanding gig economy, as has been well-documented by PYMNTS – also is helping to further the acceptance of digital payments.

Cybersecurity 47

Cybersecurity Privacy Digital Payments Economy 47

PYMNTS

DECEMBER 28, 2020

Add to that a lack of government stimulus and a 6.7 Some predictions pre-holiday ranged as high as a 5 percent increase over 2019; some called for flat spending. Digital-first economy: The Mastercard report showed eCommerce accounted for 19.7 percent in 2019. percent unemployment rate. percent online.

Visa 104

Visa Economy Consumer Advisors 104

PYMNTS

JANUARY 29, 2019

A new report says that the government shutdown has cost the country about $11 billion in gross domestic product, and will impact the United States’ economic growth for the rest of the year. percent of gross domestic product in 2019) will never be recovered. percent of gross domestic product in 2019) will never be recovered.

Shutdown 46

Shutdown Federal Reserve Economy Fed 46

The Fintech Times

JULY 12, 2024

Over the last 12 months, UK investment was also above pre-Covid investment levels of 2018 and 2019. However, this was still more investment than all other European countries combined, representing 12.7 per cent share of the global market.

FinTech 59

FinTech Innovation Finance Returns 59

PYMNTS

JANUARY 25, 2021

A new study from the Federal Reserve Bank of New York shows that people expect the economy to rebound by next year, according to a press release. percent seen in December 2019. percent in December 2019, according to the release. The study, published Monday (Jan. percent in August and 2.4 percent in December, up from 3.5

Fed 71

Fed Consumer Federal Reserve Non-Bank 71

PYMNTS

FEBRUARY 27, 2020

A surge cap in Chinese stocks, fueled by the stimulus package from the government to combat the virus-riddled economy, has brought about fears of a repeat of the 2015 market crash, according to Reuters on Wednesday (Feb. In New York, meanwhile, the NASDAQ is trading at 26.5 He urged investors in a blog post on Feb.

Caps 58

Caps Economy CHIPS Central Bank 58

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

APRIL 22, 2020

government, after its initial attempt, has still not rolled out a national testing program for the coronavirus. Nonetheless, two Chinese eCommerce giants are staking out turf in COVID-19 testing as the pressure builds to test more people and get the world economy on track. economy could shrink by 10 percent to 14 percent this year.

Economy 64

Economy Advisors Returns Rules 64

PYMNTS

SEPTEMBER 28, 2020

NFCW.com reports the number of shoppers in Japan making these cell phone purchases at the point of sale is expected to reach 24 million by year’s end, up from 19 million in 2019, a 26 percent increase, encompassing more than 21 percent of the population, researchers found.

Mobile Payments 80

Mobile Payments Push-to-Card Payments Economy 80

PYMNTS

MAY 22, 2020

The world’s second-largest economy is opting not to set any economic growth forecasts due to the continued economic uncertainty triggered by the global coronavirus pandemic. In 2019, China’s economy grew 6.1 Its economy contracted 6.8 percent, its lowest point in almost 30 years. It had originally forecast 6-6.5

Economy 61

Economy Origination Governance Government 61

Fintech Review

APRIL 26, 2024

To enable us to become a more attractive proposition, Uzbekistan improved process and governance including implementing appropriate legal frameworks and financial resources for entrepreneurship and investment, as well as creating ample opportunities for investors and increased transparency in the investment process.

FinTech 59

FinTech Governance Government Legal Framework 59

PYMNTS

SEPTEMBER 21, 2020

Sentieo data showed those 33 companies with $292 billion in sales combined, a 6 percent rise from 2019 numbers. But the initial prudishness the retailers showed as the pandemic was beginning could prove to be the right move after all, if the economy worsens again and stimulus money doesn't come through from the government, FT reported.

PayPal 82

PayPal Economy On-Demand Governance 82