PYMNTS

DECEMBER 1, 2020

The International Monetary Fund (IMF) said Monday (Nov. 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

NOVEMBER 13, 2020

consumer’s whole paycheck on Tuesday (Nov.17) 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. The company announced on Thursday (Nov. Walmart will lay claim to its share of the U.S. 17) when it announces its Q3 earnings.

Economy 60

Economy NOV On-Demand Adjustments 60

PYMNTS

SEPTEMBER 12, 2019

The European Central Bank (ECB) is hoping to revitalize the eurozone economy with a stimulus package consisting of a lower main deposit rate and a new bond-buying program, CNBC reported on Thursday (Sept. The interest rate was slashed 10 points to negative 0.5 percent, a record low. The interest rate was slashed 10 points to negative 0.5

Economy 53

Economy Central Bank Non-Bank NOV 53

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 101

Financial Inclusion Innovation Payments NOV 101

PYMNTS

NOVEMBER 11, 2020

Alibaba ’s Singles Day performance on Wednesday (Nov. Singles Day — Alibaba’s popular shopping holiday that takes place every Nov. However, the company technically started Singles “Day” on Nov. The big gains were a great sign that the Chinese economy — and more specifically, consumer spending — is on a post-COVID rebound.

Regs 95

Regs NOV Law Enforcement Economy 95

Fintech News

DECEMBER 4, 2023

Despite high-interest rates, plunging fintech valuations, and a slowdown in external deal activity, the environmental, social and governance (ESG) fintech sector is proving resilient and continuing to thrive as evidenced by the ESG fintech investment reaching an all-time high just recently. billion in 2024.

FinTech 96

FinTech APACS NOV Authorization 96

Open Banking Excellence

JULY 9, 2024

Kazakhstan Sets Open API-Driven Strategy Towards 2025 Goal Open Banking stands at a critical juncture in early 2024 with markets both big and small set to start or continue their journeys. Regulator-led Pilot Focused on Open API Infrastructure Our pilot launched on Nov.

API 147

API Payment APIs and Integration Participant Regulations 147

PYMNTS

NOVEMBER 7, 2019

Gig economy platform Upwork plans to focus more on larger companies in the coming months, as the company seeks to increase its market share in the fast-growing world of matching freelance labor with employers via digital technology. That news came as Upwork announced its Q3 2019 earnings results on Thursday (Nov.

Economy 40

Economy NOV Small Business Acquirers 40

PYMNTS

NOVEMBER 18, 2019

Legislation in California that aims to expand worker protections for so-called gig economy workers has led to a debate in the state’s freight services market and a lawsuit hoping to block the law. Finance reported Monday (Nov. The CTA filed its lawsuit to block California’s law last week, the report said. “To

Laws 40

Laws Legal Continuity Blocks 40

PYMNTS

NOVEMBER 10, 2020

Lyft reported on Tuesday (Nov. million in Q2 on the heels of a major regulatory victory for the gig economy. In terms of the benefits to California’s economic recovery, Green said “hundreds of thousands of its residents will continue to have access to flexible earnings opportunities on platforms like ours.”. million from 8.7

NOV 101

NOV Economy Continuity Consumer 101

PYMNTS

DECEMBER 1, 2020

Bitcoin saw a new all-time record high on Monday (Nov. In other news, Gutemberg Dos Santos was extradited from Panama to the United States on Nov. 25, on charges of participating in an international money laundering ring, the Southern District of New York’s State Attorney Office said in a press release on Monday (Nov.

Bitcoin 80

Bitcoin Money Laundering NOV Cryptocurrency 80

PYMNTS

NOVEMBER 12, 2020

Another 709,000 Americans filed for first-time unemployment benefits the week ending Nov. The previous week's revised level added 6,000 to hit 757,000, according to the weekly Bureau of Labor Statistics report released on Thursday (Nov. Another 298,154 people filed for Pandemic Unemployment Assistance in the week ending Nov.

NOV 59

NOV Economy Finance Continuity 59

PYMNTS

NOVEMBER 5, 2020

The Federal Reserve ’s Thursday (Nov. economy amid the pandemic. Economic activity and employment have continued to recover but remain well below their levels at the beginning of the year. Overall financial conditions remain accommodative, in part reflecting policy measures to support the economy and the flow of credit to U.S.

Fed 65

Fed Federal Reserve Economy On-Demand 65

PYMNTS

NOVEMBER 20, 2020

Morgan economists said in a new forecast, CNBC reported Friday (Nov. This winter will be grim, and we believe the economy will contract again in 1Q," the economists wrote. “We The projection goes against earlier Wall Street forecasts that largely believed the first quarter of 2021 would be the start of a bouncing-back economy.

Economy 78

Economy NOV Returns Continuity 78

PYMNTS

NOVEMBER 25, 2019

People’s Bank Of China ran a report — its 2019 China Financial Stability Report, published on Monday (Nov. In May, a lender was seized, as the financial stability of smaller banking institutions continues to worry experts. In addition, the slowing economy will only make it more difficult to stave them off.

Risk 96

Risk Central Bank NOV Economy 96

PYMNTS

NOVEMBER 10, 2020

Lyft reported on Tuesday (Nov. million in Q2 on the heels of a major regulatory victory for the gig economy. In terms of the benefits to California’s economic recovery, Green said “hundreds of thousands of its residents will continue to have access to flexible earnings opportunities on platforms like ours.”. million from 8.7

NOV 61

NOV Economy Continuity Consumer 61

PYMNTS

NOVEMBER 16, 2020

Tentatively called Rakuten DX, the new unit will launch schemes for digital transformation at retailers’ physical shops, Rakuten said in a statement on Monday (Nov. As a second infection wave continued to hit most of the U.S. The planned June launch of 5G was postponed until September by Rakuten due to the coronavirus pandemic. .

NOV 86

NOV Economy On-Demand Facilitators 86

PYMNTS

NOVEMBER 2, 2020

To that end, the latest data from the Institute of Supply Management (ISM) showed on Monday (Nov. manufacturing sector continued a rebound that has stretched through the past six months, with the latest showing in October underpinned in part by consumer demand, which in turn translated into continued production of consumers goods.

Consumer 81

Consumer On-Demand Economy NOV 81

PYMNTS

NOVEMBER 2, 2020

that will take effect on Thursday (Nov. 4) and continue through Dec. 2, according to new guidance issued by the government on Monday (Nov. Merchants are warning that a second lockdown will be a “nightmare before Christmas,” according to a Financial Times(FT) report on Monday (Nov. and in other countries.

NOV 56

NOV On-Demand Economy Government 56

PYMNTS

NOVEMBER 19, 2020

Codat , the financial API provider, is working with Visa to offer more comprehensive data on small to medium-sized businesses (SMBs) for European banks, Codat announced in a Wednesday (Nov. Amex Study: Social Media Shout-Outs Could Pump $197B Into SMB Economy. SMB economy. 18) press release. 18) press release.

B2B 65

B2B Visa Commercial Card NOV 65

PYMNTS

NOVEMBER 19, 2020

Codat , the financial API provider, is working with Visa to offer more comprehensive data on small to medium-sized businesses (SMBs) for European banks, Codat announced in a Wednesday (Nov. Amex Study: Social Media Shout-Outs Could Pump $197B Into SMB Economy. SMB economy. 18) press release. 18) press release.

B2B 52

B2B Visa Commercial Card NOV 52

PYMNTS

NOVEMBER 4, 2020

LendingClub , the country’s top provider of personal loans, said in earnings results Wednesday (Nov. 4) that demand for borrowing snapped back 80 percent in the third quarter, while the performance of its pre-pandemic portfolio continued to be resilient. Q4 Forecast. All in, LendingClub reported a Q3 net loss of $34.3

Volume 111

Volume On-Demand NOV Continuity 111

PYMNTS

NOVEMBER 19, 2020

New jobless claims ticked upwards last week, with 742,000 people filing for benefits while COVID-19 cases continued to accelerate in the U.S. . The increase for the week ending Nov. While a second wave of the coronavirus continues to slam the U.S. The largest increases in initial claims for the week ending Nov.

NOV 53

NOV Continuity Economy 53

PYMNTS

NOVEMBER 16, 2020

billion, and the economy is facing greater challenges as COVID-19 cases continue to rise. continues to post an alarming increase in the number of new COVID-19 cases without word of any additional government stimulus. The news of a COVID-19 vaccine on Nov. In today’s top news, PNC will acquire BBVA’s U.S. unit for $11.6

Visa 57

Visa NOV Push-to-Card FTC 57

PYMNTS

NOVEMBER 15, 2019

percent drop the previous month, CNBC reported on Friday (Nov. Federal Reserve Chair Jerome Powell told lawmakers on Thursday (Nov. economy is the star economy these days … there’s no reason that can’t continue.”. Retail sales rose 0.3 percent in October, rebounding from a 0.3 15), citing a U.S.

Federal Reserve 46

Federal Reserve NOV Economy Central Bank 46

PYMNTS

NOVEMBER 1, 2020

Even though many companies recently reported earnings that showed a faster-than-expected bounce back from the pandemic, executives remain leery about the foreseeable future, The Wall Street Journal (WSJ) reported Sunday (Nov. data released Friday indicated the economy recovered more strongly than many experts had predicted. In the U.S.,

Shutdown 67

Shutdown NOV Economy Rules 67

PYMNTS

NOVEMBER 30, 2020

The tally on Thanksgiving weekend continues to favor the digital-first economy. For example, Target revealed plans on Friday (Nov. After wrapping up its month-long “Black Friday Now” sale, the retailer announced that Cyber Week will run from Sunday (Nov. consumers are expected to spend $12.7 29) through Saturday (Dec.

NOV 60

NOV Consumer Research Product 60

PYMNTS

NOVEMBER 6, 2020

He will start his new role Nov. Trulioo President and CEO Steve Munford said in the release that Ramsden's "expertise in building out financial technology infrastructure and optimizing financial performance will help guide us on a continual growth trajectory.". 16, the release stated.

Verification 60

Verification Financial Inclusion Financial Analysis NOV 60

PYMNTS

NOVEMBER 20, 2019

Citi is streamlining the cross-border collections process for its corporate treasury clients, the financial institution said Wednesday (Nov. In today’s digital economy, clients must scale quickly into new markets to remain competitive,” said Citi Global Head, Payments and Receivables Manish Kohli in a statement. “At

Cross-Border 83

Cross-Border Accounts Multi-Currency Reconciliation 83

PYMNTS

NOVEMBER 9, 2020

The RealReal reported on Monday (Nov. We were pleased with our GMV performance in Q3 despite the difficult Y/Y comparison and continued COVID headwinds.”. 9) as part of its third quarter earnings that over the last 12 months, active buyers increased 14 percent to 617,269.

NOV 56

NOV B2B Economy Continuity 56

PYMNTS

NOVEMBER 9, 2020

The RealReal reported on Monday (Nov. We were pleased with our GMV performance in Q3 despite the difficult Y/Y comparison and continued COVID headwinds.”. 9) as part of its third quarter earnings that over the last 12 months, active buyers increased 14 percent to 617,269.

NOV 53

NOV B2B Economy Continuity 53

PYMNTS

NOVEMBER 3, 2020

As noted by CNBC on Tuesday (Nov. As has been widely reported, the listings — to have been done dually in Shanghai and Hong Kong on Nov. We will continue to work hard to not only meet but exceed expectations and fulfill our responsibility to society.”. 5 — would have raised an estimated $34 billion.

NOV 79

NOV Origination Small Business Non-Bank 79

PYMNTS

NOVEMBER 4, 2020

Private sector payroll was sluggish in October, according to an ADP report on Wednesday (Nov. The numbers missed optimistic projections as coronavirus infections continued to surge. Bureau of Labor Statistics will release its monthly report on Friday (Nov. The private sector added 365,000, which is the lowest number since July.

Payroll 56

Payroll NOV Research Continuity 56

PYMNTS

FEBRUARY 20, 2018

By many measures, the economy looks strong. As consumer borrowing was spiking, consumer confidence was falling, after hitting a 17-year high water mark in Nov. Despite the decline in confidence, consumers’ expectations remain at historically strong levels, suggesting economic growth will continue well into 2018,” she said.

Economy 42

Economy Credit Cards Federal Reserve Fed 42

PYMNTS

NOVEMBER 30, 2020

The group's head, Tom Bené, argued in a Nov. We continue to support aggressive steps to protect the nation’s public health. 17 letter to the National Governors Association that the industry is being unfairly blamed for COVID-19 cases. "We

Shutdown 112

Shutdown NOV Adjustments Rules 112

PYMNTS

JANUARY 14, 2021

The ripple effects have been and will continue to be palpable. A recovery would be an economic boon; the Events Industry Council has estimated that events, overall, add $1 trillion to the global economy. This is more than the 45 percent who said they were on Nov. 19 and the 40 percent who said so on Nov.

Returns 68

Returns NOV Correspondent On-Demand 68

PYMNTS

NOVEMBER 5, 2020

Commerzbank , Germany’s second-largest bank, is bracing for widespread bankruptcies among small and mid-sized business customers as the pandemic continues to weigh heavily on the global economy.

NOV 52

NOV On-Demand Laws Economy 52