PYMNTS

OCTOBER 20, 2019

Ghana says it plans to eliminate paper from most services and transactions by next year as it aims to become Africa’s most digitalized economy. The government claims that it will have “electronically tagged” every home, including informal housing in slums, via GPS by early 2020. You’re a nobody,” he said.

Government 42

Government Governance Economy Database 42

PYMNTS

JANUARY 1, 2021

This all means that the payments individuals expect from the government and corporate entities such as insurance companies must be made with significant speed so individuals can pay their urgent bills. We need to push the government to do more to reach those places where neither of those is an option.”. Approximately 40 percent of U.S.

Economy 103

Economy Online and Mobile Banking Credit Union Money Laundering 103

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

The Fintech Times

SEPTEMBER 27, 2024

In 2021, the military overthrew the elected government of Aung San Suu Kyi and her National League for Democracy party, sparking ongoing protests and unrest. Agriculture, however, remains the largest contributor to the economy, accounting for nearly half of the GDP and employing two-thirds of the labour force.

Financial Inclusion 100

Financial Inclusion FinTech Underserved Central Bank 100

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

FEBRUARY 25, 2020

Rest easy, gigsters: Someone is thinking about you, starting with governments around the world that suddenly seem aware of how big of a deal gig work has become in the past 10 years. Some actually go quite a bit further into fairly draconian territory as governments set things right for gig workers – whether gig workers want the help or not.

Economy 56

Economy Laws Legal Governance 56

The Fintech Times

NOVEMBER 14, 2024

In fact, all their economies would be considered low-middle income based on gross domestic product (GDP), excluding Turkmenistan. Other goals of the Strategy included developing e-government services and platforms and promoting economic growth via digital transformation of the fintech and banking sectors.

FinTech 70

FinTech Online and Mobile Banking Financial Inclusion Central Bank 70

PYMNTS

DECEMBER 22, 2020

government’s economic report boosted its earlier estimates of growth up by a bit. The economy, as measured by gross domestic product ( GDP ), grew by about one-third in the third quarter of 2020. This growth followed the epic second-quarter collapse of the economy. An update to the U.S. percent annualized rate.

Economy 52

Economy Rules Governance Government 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. in 2020 instead of 2 percent. . tourism dollars, most of that in 2020, Oxford Economics estimates. The self-governing island of Taiwan reported 10 cases. billion in lost tourism dollars.

Economy 53

Economy SARS Government Governance 53

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. The stock fell after the Chinese government announced new antimonopoly rules that will increase the pressure on eCommerce marketplaces and payments services.

Regs 95

Regs NOV Law Enforcement Economy 95

PYMNTS

DECEMBER 16, 2020

The COVID-19 pandemic has been hard on everyone – consumers, businesses, government officials and healthcare workers – but the pain has been far from evenly distributed over the past nine months. Small and medium-sized businesses (SMBs) have unfortunately found themselves at or near the top of COVID-19’s 2020 hit list.

On-Demand 112

On-Demand Shutdown Returns Economy 112

The Fintech Times

SEPTEMBER 14, 2024

With a strong foundation in semiconductors and information technology, alongside government initiatives and a developing fintech ecosystem, Taiwan is steadily integrating digital innovation into its financial services. These economies have since developed into fully advanced nations.

Innovation 117

Innovation FinTech Payment APIs and Integration Non-Bank 117

PYMNTS

AUGUST 3, 2020

If it takes a year to contain the COVID-19 pandemic and reopen economies, global payments could fall by as much as $108.6 billion this year, according to Asian Development Bank (ADB) economists.

Authorization 101

Authorization Returns On-Demand Economy 101

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

Fintech News

OCTOBER 21, 2024

The Indonesian government has also played a critical part in fostering digital payments. E-wallets gain momentum in the Philippines amid financial inclusion efforts In the Philippines, e-wallet adoption has surged due to the country’s large unbanked population and ongoing efforts from the government to improve financial access.

Financial Inclusion 137

Financial Inclusion Embedded Finance Payments Push-to-Card 137

PYMNTS

DECEMBER 24, 2020

market for initial public offerings (IPOs) had a banner year in 2020 despite the pandemic — or perhaps because of it. COVID-19 was actually great news for DoorDash , as government shutdowns and consumer virus fears forced restaurants almost everywhere to eliminate dining in and switch to pickup and delivery. DoorDash ($39 billion).

Origination 92

Origination Push-to-Card On-Demand Shutdown 92

PYMNTS

MARCH 31, 2020

By all reasonable measures, the first three months of 2020 have been a wild ride. economy into a recession. This is unlike 2008, when “the cancer in the housing market” left the economy permanently damaged when it ultimately collapsed from the inside. Will the major expenditure work to buffer the economy? Probably not.

Economy 56

Economy Push-to-Card IRS ACH 56

PYMNTS

MAY 25, 2020

The balance of 2020 will be notable for what Amazon does not do. On March 24, knowing that some kind of government program was being considered, one in four Main Street SMBs didn’t think their businesses would survive the pandemic, and four in 10 said they weren’t sure. For instance, it will not buy JCPenney. The Digital Shift.

Shutdown 64

Shutdown Returns On-Demand Governance 64

Open Banking Excellence

SEPTEMBER 27, 2024

Statistics about Financial Inclusion and FinTech in Mexico To introduce the OBE community to the opportunities in this emerging ecosystem, we have collected key statistics and insights to show the benefits Open Banking can bring to Mexico`s society, government, and economy. of households, while Internet penetration is 62.9%.

Financial Inclusion 147

Financial Inclusion FinTech Laws Regulations 147

The Fintech Times

OCTOBER 31, 2024

Once among the poorest countries globally, Bangladesh now showcases a rapidly developing economy that is embracing digitalisation to expand financial access and foster inclusion. In 2020, over one million digital bank accounts were opened to enable government-to-person payments for vulnerable groups.

Financial Inclusion 70

Financial Inclusion FinTech Financial Literacy Correspondent Bank 70

The Fintech Times

SEPTEMBER 30, 2024

Historically one of the world’s largest economies, Japan has set a global benchmark for economic development in the last century. This growth made Japan the world’s second-largest economy behind the United States, although it was eventually overtaken by China in 2010. Genuine fintech growth?

FinTech 57

FinTech Digital Currency Central Bank Economy 57

The Fintech Times

SEPTEMBER 22, 2024

Cambodia is leveraging fintech innovations and strategic reforms to boost economic growth, financial inclusion and international partnerships, positioning itself as a key player in the Southeast Asian digital economy. Cambodia’s economy is projected to grow by 5.8 The country’s GDP now stands at nearly $1,760.

Financial Inclusion 67

Financial Inclusion FinTech Central Bank Online and Mobile Banking 67

PYMNTS

JANUARY 24, 2020

1, for the period of 2020 through 2021. The measure is intended to help local businesses and give a boost to the economy. . Modi’s ruling Bharatiya Janata Party (BJP) has also requested that the government up duties on non-essential items, in an attempt to energize local manufacturing. “We

Economy 52

Economy Adjustments Governance Government 52

PYMNTS

SEPTEMBER 11, 2019

10) — and in so doing has very possibly changed the course of the gig economy forever. According to Catherine Ruckelshaus, general counsel of the National Employment Law Project drivers in those states should be classified as employees, but via the use of arbitration agreements with workers gig economy firms have made enforcement difficult.

Economy 65

Economy Laws Legal Framework Legal 65

The Fintech Times

AUGUST 12, 2024

In 2022, Malaysia’s economy was divided as follows: agriculture contributed 8.92 Malaysia is both a major economy in the ASEAN region and also in the fintech space IMAGE SOURCE GETTY Malaysia’s fintech landscape Malaysia is a major player in the fintech space within the ASEAN region, boasting at least 549 fintech companies.

FinTech 62

FinTech SDN Central Bank Economy 62

FICO

JANUARY 15, 2021

And while there continues to be uncertainty about the economy, FICO® Scores were steady.As Here are the top five posts from 2020 related to the FICO Score: FICO Resilience Index Now Available For Lenders To Pilot. FICO® Score was 711 in October 2020 – a full 5 points higher than the average FICO® Score reported a year before.

Posting 59

Posting Agreements Credit Cards 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. 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

Fintech News

OCTOBER 1, 2024

The underlying principles that govern Islamic banking are mutual risk and profit sharing between parties, the assurance of fairness for all, and that transactions are based on an underlying business activity or asset. trillion in assets under management (AUM) in 2019 and recording an annual growth of 14%.

Treasury 112

Treasury AI Finance Laws 112

PYMNTS

JULY 8, 2020

economy — a recovery is in the cards, yes. Last month, the Federal Reserve estimated that Fed officials indicated that, as noted in The New York Times , the unemployment rate will close 2020 at 9.3 That represented the biggest increase since the federal government began tracking the number in 1959. But it will take a while.

Consumer 61

Consumer Federal Reserve Cross-Border Fed 61

The Fintech Times

SEPTEMBER 2, 2024

If the new Government were to rank its policy areas by order of priority, economic growth would certainly top that list. According to the Economic Crime Survey 2020 , around one in five businesses had been a victim of fraud in the previous three years (18 per cent). And the fightback has begun.

Crime 70

Crime Verification Fraud Detection Innovation 70

PYMNTS

MAY 4, 2020

economy since governors began asking their citizens to #stayathome in mid-March, and even well before that. Nearly twice as many consumers are putting more stock into what medical science is telling them will lower their risk of contagion than what governments say is safe to do. Healthy Or Hermits?

Economy 83

Economy Consumer Risk Returns 83

The Fintech Times

OCTOBER 10, 2024

In fact, according to the Lowy Institute ‘s Pacific Aid Map , no other economy in the world was as impacted by development assistance. In fact, according to the Lowy Institute ‘s Pacific Aid Map , no other economy in the world was as impacted by development assistance. This is due in large part to tourism.

Financial Inclusion 52

Financial Inclusion FinTech Credit Union Economy 52

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 108

Financial Inclusion Innovation Payments NOV 108

The Fintech Times

OCTOBER 23, 2024

According to the World Bank , the country has a gross domestic product per capita of around $2,389 – while its economy is reliant on energy resources in the Timor Sea. During 2019 and 2020, the total number of financial services access points jumped from 1,642 to 4,925 – an increase of 200 per cent.

Financial Inclusion 100

Financial Inclusion FinTech Credit Union Financial Literacy 100

Fintech Review

AUGUST 1, 2024

Manilla, Philippines, August 1st, 2024, Chainwire Venom Foundation is proud to announce a historic agreement with the government of the Republic of the Philippines to digitize billions of accountable forms using its advanced blockchain technology.

Blockchain 52

Blockchain Governance Government Agreements 52

PYMNTS

MAY 15, 2020

In addition, the government indicated that job openings fell to 6.19 And the government noted that the economy lost 20.5 The food services and accommodation vertical had 4.1 million staffers receive pink slips, while 908,000 people lost their positions in the retail industry. million by 654,000. percent to March’s 3.9

Economy 89

Economy Payroll Governance Government 89