PYMNTS

DECEMBER 1, 2020

China is forecast to be the first major economy to recover from the global pandemic recession, with Europe lagging behind, according to the Organization for Economic Cooperation and Development (OECD). percent in 2021’s fourth quarter compared to Q4 2019, according to OECD figures quoted by The Wall Street Journal. percent), Russia (0.2

Economy 72

Economy NOV SWIFT Product 72

Axway

JANUARY 30, 2021

As we bid farewell to 2020, we welcome the first API news roundup of 2021. Celebrate the new year with us as we look at the top API stories for January 2021. Next-Gen Integration: Thriving in the API Economy. Integration, …

API 52

API Economy Cybersecurity 52

Axway

JANUARY 30, 2021

As we bid farewell to 2020, we welcome the first API news roundup of 2021. Celebrate the new year with us as we look at the top API stories for January 2021. Next-Gen Integration: Thriving in the API Economy. Integration, …

API 52

API Economy Cybersecurity 52

PYMNTS

DECEMBER 16, 2020

In addition, the Fed raised the projection for the 2021 real GDP forecast to 4.2 By 2021, the unemployment rate is estimated to fall to around 5 percent. The last estimate for 2021 was also higher at 5.5 Scharf said the world is "far, far better" in terms of the economy than it seemed three to six months ago.

Fed 97

Fed Federal Reserve Economy Central Bank 97

PYMNTS

DECEMBER 28, 2020

And as the dust settles and the 2021 predictions are rolling in, Ingo Money CEO Drew Edwards told Karen Webster that after the powerful boost instant payments got this year, 2021 is looking like the year they will evolve into their 2.0 Making The Jump To Instant And Digital . The year 2020 has only accelerated that, Edwards said.

Instant Payments 121

Instant Payments Payer Consumer Debit Card 121

PYMNTS

NOVEMBER 12, 2020

The IPO could value the delivery app at about $30 billion and could be announced early in 2021, Reuters reported. The news also comes a week after California voters approved Proposition 22 , which keeps gig economy workers classified as contractors rather than employees.

Economy 100

Economy Research Consumer Product 100

PYMNTS

NOVEMBER 24, 2020

Speaking at a news conference with leaders of six major international economic and financial groups, including the World Bank and International Monetary Fund, Li said the country's economy “this year can achieve positive growth, and we expect next year (economic) operations can recover to a reasonable range,” Reuters reports. “We

Economy 78

Economy On-Demand Returns Continuity 78

FICO

DECEMBER 10, 2020

In 2021 I believe AI will cross the chasm, becoming a reliable and safe, mainstream business technology — but maybe not how, or for reasons why, you might expect. In 2021, organizations will stop their handwringing over AI and get down to brass tacks. COVID Is the Mother of AI Maturity. Prediction #2: AI as a Service Will Take Off.

AI 98

AI Fraud Detection Payment APIs and Integration On-Demand 98

PYMNTS

AUGUST 5, 2020

The measure is not a mandate, so employees could be allowed to return to work offices if they reopen before June 2021. CEO Dara Khosrowshahi made the announcement at an employee meeting.

Returns 113

Returns Agreements Laws Economy 113

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 saw double-digit growth in every product category for its fiscal 2021 first quarter ended Dec.

Economy 94

Economy Product Addressing Continuity 94

CB Insights

DECEMBER 16, 2021

In 2021, Facebook became Meta, NFTs came to dominate media discussion, and companies increasingly adopted omnichannel marketing models. The Creator Economy Market Map. How The $100B+ Creator Economy Is Going To Be Shaped By Big Tech. The Creator Economy Explained: How Companies Are Transforming The Self-Monetization Boom.

Research 57

Research Metaverse NFTs AI 57

FICO

JANUARY 4, 2021

It caused devastating effects to our daily routines, our families, our schools and our economy. Hopefully 2021 will allow the majority of us to resume our normal lives (or at least our new normal lives) and enable many individuals and businesses devastated by the pandemic, to make a come back. . Continued economic uncertainty.

Consumer Financial Protection Bureau (CFPB) 59

Consumer Financial Protection Bureau (CFPB) CFPB Governance Government 59

PYMNTS

SEPTEMBER 28, 2020

As 2020 limps toward its exhausting conclusion, get ready for a massive rebound in 2021 — for consumer spending , for small- to medium-sized businesses’ ( SMBs ’) top lines, and for the U.S. economy in general. I actually think that 2021 may not be a good year — I’ll be blunt in saying that,” he told Webster.

Economy 116

Economy FinTech Adjustments Small Business 116

PYMNTS

DECEMBER 30, 2020

The coronavirus and the new, stay-at-home economy have been a boon for tech companies, including Apple. The tech giant is expected to set a new record in 2021 for MacBook sales, increasing by 10 percent to 17.1 million computers shipped, Cult of Mac reported Wednesday (Dec. 30), citing data from Finaria.

Processors 61

Processors On-Demand Economy Product 61

PYMNTS

OCTOBER 7, 2020

It is estimated that the worldwide pandemic will propel 88 million to 115 million people into extreme poverty in 2020, a number that could hit 150 million by 2021. It is also estimated that some 490 million people will lose access to either potable water, sufficient food, electricity or education in 2021.

Economy 88

Economy Origination Innovation Posting 88

PYMNTS

DECEMBER 22, 2020

Chief financial officers (CFOs) taking part in The CFO Survey by Duke University’s Fuqua School of Business and the Federal Reserve Banks of Richmond and Atlanta are "reasonably optimistic about 2021," one of the study's leaders said in a news release. If there is a snafu with the vaccine, that would be another layer of risk,” he told WSJ.

Economy 72

Economy Federal Reserve Automation On-Demand 72

PYMNTS

DECEMBER 29, 2020

But the year 2021 will not be a normal year off to a normal start, meaning the “see it to believe it” part of CES will be a bit different. The Vuzix Next-Generation Smart Glasses (NGSG) enter the show with multiple CES 2021 Innovation Awards for design and engineering.

Gateways 101

Gateways Innovation Bots Technology 101

FICO

DECEMBER 2, 2020

New dates have been announced for FICO World 2021 , the Decisions Conference. . FICO World 2021. November 8-11, 2021. The world’s economy has changed, consumer behavior has changed and your operations have changed — at FICO World 2021, we’ll explore best practices and ideas for the new normal. Orlando, FL.

Best Practices 52

Best Practices Financial Crimes Crime Risk Management 52

PYMNTS

OCTOBER 26, 2020

The faster spread this fall of COVID-19 in Europe compared to the spread in the United States during the same period has left Europe's economy sputtering even as the U.S. economy continues to come back to life, according to new data cited by The Wall Street Journal (WSJ). rose to 55.5 in October from 54.3 in September, WSJ reported.

Economy 64

Economy Governance Government Consumer 64

PYMNTS

OCTOBER 14, 2020

could help its economy by providing further stimulus payments, according to a transcript of a recent press briefing. Support should persist at least into 2021 to sustain the recovery and to limit long-term scarring. The International Monetary Fund (IMF) said the U.S. Health and education should be priorities everywhere.".

Economy 60

Economy Research Finance Product 60

Chargebee

AUGUST 28, 2024

The subscription economy is rapidly reshaping industries worldwide; for instance, IDC’s Worldwide Software Business Model Forecast (2021–2025) notes that subscriptions are set to drive over 80% of software revenue. […]

Authorization 52

Authorization Economy Posting 52

PYMNTS

DECEMBER 1, 2020

Morgan on the coin and may launch it experimentally in 2021, CEO Herman Gref said. And, Kaspersky predicted that cybercrime will continue to increase in 2021, thanks to economies weakened by the pandemic. “We Meanwhile, Russia’s largest bank, Sberbank , is developing a cryptocurrency, called the Sbercoin, reported Reuters.

Bitcoin 80

Bitcoin Money Laundering NOV Cryptocurrency 80

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. The organization has set the 2021 growth rate prediction at 3.4 percent this year. .

Economy 52

Economy Agreements Mitigation Risk 52

The Paypers

OCTOBER 7, 2021

The Paypers introduces the release of the Open Banking Report 2021 , which showcases the evolution of Open Banking and the new business & monetisation models and key uses cases, as it inches closer to Open Finance and Open Data Economy

Use Case 42

Use Case Economy Finance 42

PYMNTS

MAY 22, 2020

As they lowered their 2021 growth outlook and forecast an unemployment rate at 10 percent at a minimum through the first quarter of that year, JPMorgan Chase & Co. economists reportedly see the country’s pandemic recovery occurring more sluggishly than thought in the past.

Federal Reserve 74

Federal Reserve Economy Non-Bank Adjustments 74

PYMNTS

JANUARY 7, 2021

Given the popularity of these apps during the financial freefall that was 2020, we’re not surprised to find things much as we left them last month as we turn to PYMNTS’ latest Provider Ranking of Gig Economy Apps. Ready for the only change to the new PYMNTS Provider Ranking of Gig Economy Apps ? The Top Five.

Ubiquitous 96

Ubiquitous On-Demand Economy 96

PYMNTS

JANUARY 20, 2021

Ryan Frere, executive vice president and general manager of B2B for Flywire , believes that embedded finance in B2B is key to payments optimization in 2021. I hope we can leverage that urgency to prioritize a lot more examples of embedded finance on the B2B side in 2021.

Embedded Payments 70

Embedded Payments Ubiquitous Embedded Finance Multi-Currency 70

PYMNTS

APRIL 17, 2020

has canceled gatherings of 50 or more people through June of 2021. Given this, we’re canceling any large physical events we had planned with 50 or more people through June 2021. Facebook Inc. Guidance from health experts is that it won’t be advisable to have large groups of people get together for a while,” he wrote.

Returns 60

Returns Economy Continuity Posting 60

Fintech News

SEPTEMBER 1, 2024

Since 2021, Validus has disbursed S$5.17 We are honoured to work with HSBC on this pivotal initiative, which will enable Validus to make a larger impact on the Indonesian economy.”. Batumbu has reported growing profits over the past two years and consistently achieved EBITDA margins exceeding 50%.

Financial Inclusion 118

Financial Inclusion Underserved Small Business Finance 118

PYMNTS

NOVEMBER 18, 2020

SMB economy. This year, with the global pandemic posing significant financial challenges for businesses everywhere, the release stated 46 percent of SMB owners are depending on a strong showing of holiday spending to stay in business by the time 2021 starts. This year, Small Business Saturday will take place Nov.

Economy 80

Economy Small Business NOV Participant 80

PYMNTS

JULY 21, 2020

economy hard, but few areas were hit harder than small businesses. In spite of their small size, they play a critical role in both their local and national economies. economy when everything is really clicking — which it hasn’t been for the last several months,” he said. “On COVID-19 has hit the U.S. The Bumpy Road Ahead.

Credit Union 83

Credit Union Economy Small Business Push-to-Card 83

Lending Front

JUNE 6, 2021

By all accounts, summer 2021 looks promising. But while the economy in general is expected to boom, many small businesses are still in recovery mode. As the economy ramps up, businesses will need capital in order to continue serving their customers. Lending in 2021 means being accessible and accommodating.

Small Business 52

Small Business Community Banks Economy Non-Bank 52

PYMNTS

AUGUST 27, 2019

As the sharing economy continues to grow – and continues to take on new challenges – the concept of work and commerce spaces keeps evolving, thanks in large part to the growth of the digital economy. Long story short: Those trends are combining in a way that could bring more B2B presence to the sharing economy.

Economy 53

Economy B2B B2C Consumer 53

PYMNTS

JANUARY 26, 2021

Nearly a year of trial-by-fire, pandemic-era learning within the payments business has not only provided some great lessons but has also set the stage for some major advances in 2021 that have been in the cards for years. Currently, actual instances of fraud are low, but Waterhouse said it’s better to be proactive. “As

Real Time Payments 109

Real Time Payments RTP RFP TCH 109

PYMNTS

JANUARY 14, 2021

The move, according to Andy Street , mayor of the West Midlands, where the new bank will operate, says the addition will be a great boost for the region’s economy and will play an important role in supporting local businesses. SMBs that managed to hold on through the pandemic are now ready to move onto the next phase.

Economy 72

Economy Settlement Online and Mobile Banking On-Demand 72

PYMNTS

DECEMBER 8, 2020

In today’s top news, economists expect the economy to recover back to pre-pandemic levels by the end of 2021, and China’s banking watchdog warns of further Big Tech regulations. Economists: Stimulus, Vaccine Key To Full Recovery By Year-End 2021. Plus, online lending startup SoFi is looking to go public through a SPAC.

Rules 52

Rules BNPL Caps Community Banks 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. It’s not a question that will be answered tomorrow.

Economy 85

Economy On-Demand Shutdown Consumer 85