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 58

Continuity On-Demand Finance Accounts 58

PYMNTS

JANUARY 30, 2020

Data indicate that the three biggest economies in the eurozone, France, Germany, and Italy, all report higher-than-expected consumer morale as shoppers continue to open their wallets and spend to support expanding a strong overall economy. In Italy, consumer confidence in January 2020 grew to 111.8 from 110.8

Economy 56

Economy Consumer Shutdown Central Bank 56

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. For eCommerce Amazon touched just north of 50 percent for Q1 2020 in eCommerce market share (51.2 percent in Q1 2020, but roughly even since 2016. For Q2 2020 Amazon took 9.0

Economy 118

Economy Consumer On-Demand Shutdown 118

PYMNTS

JULY 1, 2020

COVID-19 continues to take the shine off luxury goods. “We anticipate that the external environment will continue to impact the luxury sector negatively for at least the next 18 to 24 months,” he said in a phone interview after the group reported its most recent earnings. billion in 2020, compared to $62.4

Continuity 98

Continuity On-Demand Economy Consumer 98

PYMNTS

JANUARY 1, 2021

There's always a continuous assessment regarding your top line [as a company], but you also have to think about the bottom line, and cost efficiency becomes a huge metric in that space,” said Shreya Fatehpuria , inter-company and FX payments leader at GE.

Economy 103

Economy Online and Mobile Banking Credit Union Money Laundering 103

PYMNTS

JANUARY 5, 2021

Government pandemic aid helped bankruptcy filings hit a 35-year low in 2020, according to legal service firm Epiq. In Epiq's report on 2020 bankruptcy statistics, the firm found that 2020 had the lowest numbers since 1989, with 529,068 over all chapters, according to a press release.

Governance 63

Governance Government Legal Economy 63

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

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

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 88

Cross-Border Processors Multi-Currency Contactless Payments 88

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

DECEMBER 28, 2020

Looking back, when we take stock of what happened and sift through the chaos and heartbreak of the year that was, we’ll see the seismic shifts that took place in 2020. Indeed, we might look to March 11 as the dividing line between what was and what is and will be in the connected economy.

Economy 108

Economy Payments Government Governance 108

PYMNTS

JANUARY 14, 2021

economy posted slight gains in the pandemic year of 2020, after closing the books on what was one of the most dismal economic fallouts in history, according to the Federal Reserve’s Beige Book report on Wednesday (Jan. Commercial real estate remained flat.

Fed 63

Fed Federal Reserve Economy On-Demand 63

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

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 2020. percent this year. . It is now revising those numbers to 2.9 percent for 2019 and 3.3

Economy 52

Economy Agreements Mitigation Risk 52

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 109

Visa Cross-Border Payment Solutions Economy 109

PYMNTS

OCTOBER 27, 2020

billion for 2020’s first nine months versus the same 2019 period. The company also raised its full-year 2020 outlook, now expecting adjusted earnings per share to grow at least 11 percent over 2019. And it profited from the digital-first economy, signing 42 eCommerce clients during the quarter.

Economy 67

Economy Contactless Payments Adjustments Processors 67

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

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

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

AUGUST 17, 2020

And that’s the rise of the auto-refill economy. Reynolds reported that 26 percent of its customers in Q3 2020 use eCommerce to buy their products. P&G reported that eCommerce is now 10 percent of its business, growing globally by 35 percent in Q3 2020. General Mills reported that its U.S.

Economy 134

Economy Adjustments Consumer Product 134

PYMNTS

DECEMBER 27, 2019

Daniel Pinto, the co-president and chief operating officer of JPMorgan Chase , told CNBC in an interview that 2020 will likely see sturdy economic growth of about 1.5 That, he said, signaled an economy that is strong on consumer spending. Next year, he said that will continue as uncertainties between the U.S. percent or 1.8

Economy 54

Economy Cryptocurrency Volume Blockchain 54

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

PYMNTS

DECEMBER 27, 2019

Daniel Pinto, the co-president and chief operating officer of JPMorgan Chase , told CNBC in an interview that 2020 will likely see sturdy economic growth of about 1.5 That, he said, signaled an economy that is strong on consumer spending. Next year, he said that will continue as uncertainties between the U.S. percent or 1.8

Economy 61

Economy Cryptocurrency Volume Blockchain 61

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

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

Fintech Finance

OCTOBER 28, 2024

Through its long-standing partnership with global embedded financing platform YouLend, Dojo has extended over £1 billion in flexible funding since 2020. Neil Richards, General Manager Business Funding at Dojo, comments: “Dojo’s partnership with YouLend has enabled Dojo to help SMEs thrive in the experience economy.

Embedded Finance 105

Embedded Finance Finance On-Demand FinTech 105

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 101

Financial Inclusion FinTech Underserved Central Bank 101

PYMNTS

JULY 2, 2020

The federal agency that provides budget and economic information to Congress predicted as the nation tries to rebound from the worst devastation since World War II, the economy will grow during the third quarter, July through September. For the Congressional Budget Office (CBO), the glass is half full.

Fed 56

Fed Federal Reserve Economy Continuity 56

PYMNTS

DECEMBER 1, 2020

A second wave of the coronavirus has triggered partial or total lockdowns in several eurozone economies, including Germany, France, Italy and Spain. In November, the IMF called on the G20 to financially support their local economies amid the ongoing pandemic.

Continuity 67

Continuity Economy NOV Facilitators 67

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

APRIL 2, 2019

In remarks prepared for a speech in Washington, Christine Lagarde said the world’s economy hasn’t been as strong since the fund’s last forecast update in late January of last year. The global economy is at a ‘delicate moment,’” Lagarde said, and called the slowdown a “synchronized deceleration.”.

Economy 49

Economy Risk Continuity 49

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

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

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

APRIL 1, 2019

Digital solutions have made their way into the gig economy, with more workers than ever utilizing digital marketplaces that pair companies with talent from around the world. workforce (36 percent) participated in the gig economy during 2018. That figure is projected to increase to 43 percent by 2020. .

Faster Payments 73

Faster Payments Economy Payments Authentication 73

The Fintech Times

JULY 14, 2024

Since launching in 2020, around two-thirds of the Brazilian population has used Pix to make and receive payments. The digital economy’s global nature necessitates robust international infrastructure for businesses with strong growth ambitions. They can also move banking and payments from a cost centre to a revenue generator.

Embedded Finance 104

Embedded Finance Payments Funds Transfer API 104

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 114

Database Economy On-Demand Innovation 114