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.” 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.

Zelle 61

Zelle Transactions P2P Mobile Banking 61

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 15, 2020

That’s because consumer demand is picking up, but retail inventories are relatively low. To that end, as reported in Commercial Carrier Journal, with reporting from online sessions held by FTR, freight demand is strong now – but there’s still uncertainty ahead. percent higher than August 2019.

On-Demand 56

On-Demand Volume Push-to-Card Credit Cards 56

PYMNTS

SEPTEMBER 15, 2020

That’s because consumer demand is picking up, but retail inventories are relatively low. To that end, as reported in Commercial Carrier Journal, with reporting from online sessions held by FTR, freight demand is strong now – but there’s still uncertainty ahead. percent higher than August 2019.

On-Demand 56

On-Demand Volume Push-to-Card Credit Cards 56

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

DECEMBER 8, 2018

Luckily, in the era of the gig economy , help is a digital marketplace and a click away. It even has a name: festive stress. It begins to ramp up from mild to severe between December 18 and December 25, when it peaks at 2:05 p.m. “The The holiday season can be completely wonderful and magical — but the hustle and bustle can be draining.

Economy 67

Economy On-Demand Faster Payments Consumer 67

Fintech Finance

DECEMBER 17, 2024

According to Visa Business and Economic Insights based on VisaNet data, inbound tourist spending on luxury retail in Vietnam has grown by 168% since 2019. Simon Baptist, Principal Economist, Visa Asia Pacific, added: Vietnam’s economy will yet again be one of Asia’s fastest-growing in 2025. in 2024, rising to 6.5%

Payments Trends 84

Payments Trends Cross-Border AI Payments 84

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

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

MAY 26, 2020

percent in April compared to March, but they fell by 6 percent compared to April 2019, according to the U.S. The seasonally adjusted number of new houses sold last month totaled 623,000, down from 664,000 in April 2019. Census reported from January through April that 241,000 new homes have sold, up from 238,000 in April 2019.

Mitigation 95

Mitigation Adjustments Economy On-Demand 95

PYMNTS

JULY 1, 2020

The pandemic is likely to hit demand for luxury goods hard, with tourism expected to be in a downturn for some time and the Chinese economy having slowed after driving substantial growth in recent years. billion compared to 2019. billion in 2019. billion in 2019. percent this year, a fall of $2.1

Continuity 98

Continuity On-Demand Economy Consumer 98

PYMNTS

OCTOBER 14, 2019

One San Franciscan cabbie who has driven a taxi for 20 years told SF Weekly in June of 2019 that he needs to earn $4,000 a month just to make the monthly payment on a $250,000 loan for a medallion that is worth far less today. The Rise of the Gig Economy.

Economy 71

Economy On-Demand Regulations Push-to-Card 71

PYMNTS

OCTOBER 22, 2020

When streaming on-demand movies at scale became viable around 2007, a new household brand name emerged: Netflix. In a July letter to investors , CEO Reed Hastings said, “In the first half of this year, we’ve added 26 million paid memberships, nearly on par with the 28 million we achieved in all of 2019. million subscribers.

Economy 70

Economy Origination On-Demand Returns 70

Fintech News

OCTOBER 21, 2024

Initiatives like QRIS (Quick Response Code Indonesian Standard), a national standard for QR code payments launched in 2019, have allowed for standardization, making it easier for businesses and consumers, while collaboration between the government and fintech firms have helped enhance financial inclusion through clear regulations.

Financial Inclusion 133

Financial Inclusion Embedded Finance Payments Push-to-Card 133

PYMNTS

DECEMBER 30, 2020

Connected-economy companies led 2020’s surprisingly successful roster of U.S. Here are some of the most important connected-economy IPOs expected in 2021, listed in order of either their last publicly estimated or confirmed valuation or published reports indicating what a company expects its value at IPO to be: Instacart ($30 Billion) .

Economy 79

Economy Push-to-Card On-Demand Metaverse 79

PYMNTS

AUGUST 28, 2020

But MGM said it still plans to bring those workers back on-staff as business demand ramps back up. If the economy improves within the next 15 months and they are invited back to work, those workers will retain their seniority status and resume health benefits. Labor Department reported that the nation’s economy added 1.8

Economy 99

Economy On-Demand Laws Continuity 99

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. Since 2019, active gamers have surged across all key markets.

FinTech 93

FinTech Online and Mobile Banking Payment APIs and Integration Economy 93

PYMNTS

JULY 7, 2020

“The digital economy is here, and those payment providers that are global, digital and fully resilient will lead the reemergence.” . While some businesses are looking to source goods and materials closer to home, in most cases the efficiency, diversity and effectiveness of the globalized economy has never been more important.

Innovation 110

Innovation Non-Bank Economy Treasury 110

PYMNTS

NOVEMBER 18, 2020

Credit inquiries over the past six months — a sign of credit demand — was down slightly to 122 million. percent in 2019. percent in 2019. This follows a record $76 billion drop in Q2 credit card debt, as people used COVID-19 stimulus money and pandemic unemployment to pay down financial obligations. percent increase over Q2.

Credit Cards 124

Credit Cards Consumer Federal Reserve Fed 124

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

PYMNTS

OCTOBER 11, 2020

T]he euro area economy is still operating far below its pre-pandemic level," he added. While this in part can be attributed to ongoing supply-side interruptions, the speed of the recovery is also held back by a lack of buoyancy in demand conditions. Lane delivered digitally to a meeting of the U.S.

Central Bank 96

Central Bank Assessments Consulting On-Demand 96

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

MAY 21, 2020

percent from April 2019 when the median was $267,000. Record-low mortgage rates are likely to remain in place for the rest of the year, and will be the key factor driving housing demand as state economies steadily reopen,” Yun said. The average rate for a 30-year, fixed-rate mortgage dropped to 3.31 percent in the region.

On-Demand 98

On-Demand Economy Continuity 98

Finovate

SEPTEMBER 20, 2024

The doubly-landlocked country (one of only two in the world) has been transitioning toward a market economy for years and has been credited by the Brookings Institution for its high economic growth and low public debt. HSBC has predicted that the country will have one of the fastest-growing economies in the next few decades.

Innovation 122

Innovation FinTech Online and Mobile Banking On-Demand 122

PYMNTS

MAY 15, 2020

In January 2019, vacancies hit a hit of 7.52 And the government noted that the economy lost 20.5 In addition, the government indicated that job openings fell to 6.19 million by 813,000 on March’s final business day. Also, the job openings rate declined from February’s 4.4 percent to March’s 3.9

Economy 89

Economy Payroll Governance Government 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. Spot pricing speaks to near-term (and sudden) demand, while wages have been higher to attract talent. It’s a societal problem.”.

On-Demand 49

On-Demand Economy Continuity Consumer 49

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. Walmart will lay claim to its share of the U.S. consumer’s whole paycheck on Tuesday (Nov.17)

Economy 60

Economy NOV On-Demand Adjustments 60

PYMNTS

NOVEMBER 10, 2020

In fact, fortunes are always made out of disasters, and America’s entrepreneurial spirit may be just the counterforce for a stalled economy. Given those figures, there’s clearly demand (thus opportunity) for new businesses to emerge from the COVID crucible. million at the same point in 2019, according to the U.S. Census Bureau.

Posting 90

Posting Economy On-Demand Advisors 90

PYMNTS

NOVEMBER 1, 2020

“[It's] not at all appropriate at a time when 200,000 businesses will have to shut their doors,” Junior Economy Minister Agnes Pannier-Runchaer said in response to a question about the advertising campaign on Europe 1 radio, according to Reuters. France led the quarter-to-quarter increase, with a jump of 18.2 percent, according to Eurostat.

Shutdown 82

Shutdown Economy On-Demand Governance 82

PYMNTS

APRIL 2, 2019

The gig economy is growing. To that end, Visa announced Tuesday (April 2) that it has introduced Card Payouts, an app designed help mid- to large-sized businesses manage cash flow — and speed payments to gig economy workers, to boot. The pilot program is slated to debut in the Fall of 2019.

Push-to-Card 80

Push-to-Card Wire Transfer Treasury Economy 80

Fintech Finance

JUNE 26, 2024

Demand for instant and transparent payment solutions, coupled with superior customer care, is on the rise across the continent and we aim to help merchants everywhere meet this need. This membership aligns with our vision to drive innovation and the growth of the digital economy in Europe. The post payabl.

Continuity 92

Continuity Best Practices Payments Issuers 92

Clearly Payments

OCTOBER 7, 2024

The COVID-19 pandemic has reshaped industries and economies worldwide. Cash Usage Decline : The World Bank reported that cash usage in advanced economies declined by nearly 50% during the pandemic, with consumers opting for digital and contactless payment methods instead. in 2020, reaching $4.28

Cross-Border 89

Cross-Border Processors Multi-Currency Contactless Payments 89

PYMNTS

APRIL 17, 2020

China’s economy is going through its worst three-month period in decades and will record its first-ever GDP loss — 6.8 percent in the first quarter of 2020 compared to 2019, according to a statement from the National Bureau of Statistics of China. . China’s economy grew 6 percent in the fourth quarter of 2019. percent.

Economy 60

Economy On-Demand Product Consumer 60

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. Here are four on that list. Instant Payments .

Instant Payments 55

Instant Payments Payments Interoperability Innovation 55

PYMNTS

AUGUST 21, 2020

And though 2019 was, well, not all that long ago, it seems like a million years ago. I don’t think we’ll ever get back entirely to where we were in 2019 on the volume of business traffic.”. For airlines, looking toward the future leads to a longing for the past. Uncertainty, we note, leads us to seek certainty.

Returns 116

Returns Volume On-Demand Continuity 116

Fintech News

OCTOBER 1, 2024

The last decade has seen significant growth in Islamic banking globally, with the Asia-Pacific (APAC) region emerging as a pivotal hub for Islamic finance, driven by rising customer demand and the adoption of modern technologies. trillion in assets under management (AUM) in 2019 and recording an annual growth of 14%.

Treasury 105

Treasury AI Finance Laws 105

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 99

Financial Inclusion Innovation Payments NOV 99