PYMNTS

JANUARY 18, 2021

Debbie Guerra, executive vice president of merchant payments and payments intelligence solutions at ACI Worldwide , dives into how digital transformation will be key to enabling businesses, individuals and entire economies to recover from the huge challenges presented by the pandemic. They engage with companies that listen.

Economy 82

Economy Innovation Fraud Prevention Contactless Payments 82

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 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. Apple also continued to benefit from the stay-at-home economy. 27) coming in at $111.4

Economy 94

Economy Product Continuity Accounts 94

PYMNTS

FEBRUARY 27, 2020

A quick glance at the workforce of 2020 doesn’t immediately present itself as all that different from the workforce of the year 2000. That’s because a decade ago, the gig economy was still in its nascent stages. According to the latest edition of the Gig Economy Tracker , PYMNTS found that 42 percent of U.S. gig economy.

Economy 94

Economy Payroll Instant Payments Use Case 94

PYMNTS

DECEMBER 16, 2020

Small and medium-sized businesses (SMBs) have unfortunately found themselves at or near the top of COVID-19’s 2020 hit list. Main Street SMBs across the board are fairly optimistic about the return to normal in the economy – largely premised, it seems, on the recent news of vaccine development.

On-Demand 112

On-Demand Shutdown Returns Economy 112

PYMNTS

NOVEMBER 26, 2020

Something to bear in mind in 2020, when, as was the case in 1939 when Thanksgiving got its last major revision by presidential order, Americans are celebrating the holiday facing a national crisis, deep economic uncertainty and preparing to celebrate their holiday very differently and far more digitally than they ever have before.

On-Demand 107

On-Demand Consumer NOV Continuity 107

PYMNTS

OCTOBER 21, 2020

The ownership economy is going full throttle. Higher demand and tight inventory should continue into the next year, he said. This individual retail demand is lasting and will continue for the next several years.” said preliminary results for August and September 2020 were positive. The Individual Mobility Shift .

Economy 89

Economy Online and Mobile Banking On-Demand Consumer 89

PYMNTS

JANUARY 11, 2021

economy took due to the pandemic, The Wall Street Journal reported, citing data from Mexico's central bank. December 2020 data does not appear to be available. In just one month — July 2020 — people in the U.S. 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

PYMNTS

DECEMBER 31, 2020

Key Data Points: Consumers are performing 12 percent more activities at home in 2020 than they did in 2019 and making purchases during 12 percent of those activities, on average. Main Street small- to medium-sized businesses’ (SMBs’) confidence of survival has progressed as the pandemic has continued. 31 percent bank via app.

Innovation 111

Innovation Online and Mobile Banking Real Time Payments Cross-Border 111

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. In August 2020 over 1.3 million new vehicle sales, up from about 710,000 in April 2020.

Continuity 75

Continuity Consumer Economy Research 75

The Fintech Times

NOVEMBER 9, 2024

In the last five years, Sri Lanka’s economy has struggled greatly. Not all doom and gloom: fintech is on the horizon Despite the outbreak of the pandemic, in 2020 the Central Bank of Sri Lanka (CBSL) launched its regulatory sandbox in an effort to boost its fintech sector and innovation.

Economy 96

Economy Online and Mobile Banking Central Bank Financial Inclusion 96

PYMNTS

JUNE 30, 2020

But bit by bit, economies are reopening and taking tentative steps toward normalcy. One thing is certain: The seismic shifts have shone a spotlight on the fact that cash (and even plastic cards) has seen – and will continue to see – dwindling use. Read on to see what’s next in the great (and continuing) digital shift.

End User 107

End User On-Demand Commercial Card Instant Payments 107

PYMNTS

NOVEMBER 11, 2020

The big gains were a great sign that the Chinese economy — and more specifically, consumer spending — is on a post-COVID rebound. According to news site TechNode, the new rules will apply physical-economy statutes to the digital-first economy.

Regs 95

Regs NOV Law Enforcement Economy 95

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

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

PYMNTS

NOVEMBER 24, 2020

With restaurant dining rooms closed and Americans forced to rely on their own abilities as home chefs over the last eight months, meal kits have caught a second wind in the pandemic economy. And with the veritable explosion of grocery delivery options seen in 2020, those new entrants are getting very competitive.

Economy 85

Economy On-Demand Shutdown Consumer 85

PYMNTS

DECEMBER 8, 2020

Because while four or five years ago millennials looked like a generation holding back from homeownership, either due to preference or financial constraint, as 2020 comes to a close the situation has changed markedly. By 1960 it had grown to $500 billion, making the United States the world’s largest economy by far.

Economy 141

Economy Returns Consumer On-Demand 141

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. PYMNTS.com 2020 SOURCE: 2019 How We Will Pay Study. And it’s why time will be central to the innovation that emerges in the connected economy over the next decade and beyond.

Economy 83

Economy Online and Mobile Banking Remote Deposit Capture Innovation 83

PYMNTS

MAY 4, 2020

economy since governors began asking their citizens to #stayathome in mid-March, and even well before that. Over the last two weeks, consumers have added 47 days to how long they think it will take for them to return to normal, and when they think the economy will truly reopen. Healthy Or Hermits? percent from 35.5

Economy 83

Economy Consumer Risk Returns 83

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

JANUARY 18, 2021

In 2020, there were 37 companies in the S&P 500, including big names like General Motors and HP , that said their CFOs would quit. They also had to shut down operations, cut budgets and rapidly get used to the "new normal" as the pandemic continued for months. The number was 27.6 percent higher than the previous year.

Adjustments 73

Adjustments Consulting Finance Continuity 73

PYMNTS

DECEMBER 30, 2020

In addition, we wanted to know how these companies and executives were planning for a new era when businesses and the economy start to bounce back. As one executive writing for this project put it, 2020 represented “innovation under adversity.”. Lest anyone think the responses were predictable and safe, think again.

Push-to-Card 101

Push-to-Card Payments Economy API 101

Fintech News

JULY 7, 2024

As Southeast Asia’s digital economy continues to surge, businesses are seeking robust technological solutions to support their growth. Projections suggest that the burgeoning ASEAN digital economy will contribute an additional US$1 trillion to the regional Gross Domestic Product (GDP) over the coming decade.

Database 122

Database Economy On-Demand Innovation 122

PYMNTS

DECEMBER 30, 2020

If there’s a word that captures the state of financial services in 2020, it’s “acceleration.” I’ve said it forever and I’m going to keep saying it, because I believe it’s truer at the end of 2020 than it’s ever been. Among the things she is most proud of in 2020, Turner said, is the expansion of faster payments.

Consumer 112

Consumer Visa Faster Payments Instant Payments 112

The Fintech Times

SEPTEMBER 22, 2024

The payment acceptance market in Kenya continues to grow, with mobile wallet payments driven by M-PESA showing a 12.7 per cent CAGR between 2020 and 2024. We will enable the merchants to grow and contribute to the Kenyan economy.”

Visa 110

Visa Cross-Border Payment Solutions Economy 110

PYMNTS

APRIL 14, 2020

In the latest Gig Economy Tracker , PYMNTS analyzes the way the freelance industry is responding to COVID-19, and how the pandemic could potentially change the future of the gig economy as questions surrounding freelancer benefits, payments and healthcare continue to arise during its spread.

Economy 114

Economy Regulations On-Demand Risk 114

PYMNTS

DECEMBER 30, 2020

Connected-economy companies led 2020’s surprisingly successful roster of U.S. Many enjoyed huge first-day price pops, heating up the IPO market even more — and 2021 seems poised to only continue the fireworks. households with pets will rise 4 percent in 2020, creating $4 billion in fresh demand for pet products.

Economy 79

Economy Push-to-Card On-Demand Metaverse 79

The Fintech Times

SEPTEMBER 16, 2024

Brunei Darussalam, more commonly known as Brunei, has transformed its economy for the better following the discovery of oil and gas in 1929. However, as the world starts to turn away from fossil fuels, the country is starting to diversify its economy: we explore fintech’s role in Brunei’s new economic plan.

Economy 59

Economy Central Bank Non-Bank FinTech 59

Fintech Finance

JULY 11, 2024

The digital economy’s global nature necessitates robust international infrastructure for businesses with strong growth ambitions. Since launching in 2020, around two-thirds of the Brazilian population has used Pix to make and receive payments.

Instant Payments 98

Instant Payments Embedded Finance Real Time Payments Payments 98

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 120

Financial Inclusion Innovation Payments NOV 120

PYMNTS

DECEMBER 24, 2020

Consumers, in short, entered spring 2020 realizing that their old, largely physical habits for feeding themselves were a bad fit in a world where proximity between themselves and strangers was frowned upon as a public health liability. The Industry Will Survive Because It Must, But Will Continue To Need A Boost From Tech.

Push-to-Card 82

Push-to-Card Consumer Innovation On-Demand 82

The Fintech Times

FEBRUARY 6, 2024

Having only made its first loan shortly prior to the covid lockdown in March 2020, Allica Bank has revealed that over 40 per cent of its total lending, totalling around £820million, was achieved in 2023 alone.

Continuity 59

Continuity On-Demand Finance Accounts 59

Fintech Finance

SEPTEMBER 20, 2024

Kenya’s payment acceptance market continues to grow, with mobile wallet payments driven by M-PESA showing a 12.7% CAGR between 2020 and 2024. We are proud to partner with Safaricom to build an inclusive digital economy that works for everyone, everywhere.

Visa 96

Visa Cross-Border Financial Inclusion Payments 96

PYMNTS

JULY 29, 2020

“Digitization has helped support remittance market continuity in the face of reduced mobility. The following is an excerpt from How 35 Execs Are Powering The Great Digital Shift Of 2020 (And Beyond) , contributed by Shelly Swanback , president of product and platform at Western Union.

Innovation 96

Innovation Cross-Border Economy Continuity 96

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. in 2020, reaching $4.28 trillion in 2021, a 25% increase from 2020.

Cross-Border 93

Cross-Border Processors Multi-Currency Contactless Payments 93

PYMNTS

JANUARY 20, 2021

But as restaurants continue to struggle, amid changing rules from local governments and the continuing threat of COVID-19, the boost might not last, WSJ notes. percent last year, and with the chaos of the pandemic, tens of thousands of restaurants have already closed, with more to follow as the winter continues.

Checks 91

Checks Economy Rules Continuity 91

PYMNTS

DECEMBER 15, 2020

Scott noted that fewer credit union mergers happened in 2020, largely due to the pandemic. Scott expects that strategy to likely continue gaining traction. How COVID-19 Is Promoting Contactless And Mobile . The mega-banks are spending billions [on] the digital experience. An individual community credit union — they can't spend that.”.

Credit Union 74

Credit Union Economy Online and Mobile Banking Contactless Payments 74