The Fintech Times

NOVEMBER 9, 2024

In the last five years, Sri Lanka’s economy has struggled greatly. At the time, Sri Lanka had foreign reserves of just $4billion and in an attempt to lower the demand for dollars, the government brought in an overnight ban on imported fertilisers that forced farmers to go organic overnight.

Economy 96

Economy Online and Mobile Banking Central Bank Financial Inclusion 96

Fintech Finance

JUNE 4, 2024

PayQuicker , a leader in global payouts orchestration, today announced the launch of Insta-Pay, a powerful new solution enabling businesses to offer on-demand earned income access. ” PayQuicker’s Insta-Pay solution aims to transform the way employers support their workforce, fostering a culture of financial empowerment and well-being.

On-Demand 52

On-Demand Direct Deposit Compliance Payroll 52

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

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 16, 2020

The mom-and-pop shops, independent proprietorships and independently owned restaurants, cafes and coffee shops that line Main Streets all over America have found themselves pushed to the brink – and are nervous about the prospect of their continued survival. But zooming in front of that result are some important nuances.

On-Demand 112

On-Demand Shutdown Returns Economy 112

PYMNTS

DECEMBER 8, 2020

Millennials are expected to continue to drive the market in 2021, according to the report — with more first-time homebuyers and older millennials making “trade-up” buys. Millennials are expected to continue to drive the market in 2021, according to the report — with more first-time homebuyers and older millennials making “trade-up” buys.

Economy 141

Economy Returns Consumer On-Demand 141

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 100

Database Economy On-Demand Innovation 100

Fintech News

FEBRUARY 26, 2024

This period of upheaval has catalysed a significant transformation within the sector, with fintech firms adapting to and capitalising on the changing landscape of consumer demands and regulatory environments. Yet, despite these challenges, the fintech industry continues to innovate and adapt, seeking new avenues for growth and development.

FinTech 122

FinTech Consumer Financial Inclusion On-Demand 122

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

The Fintech Times

FEBRUARY 6, 2024

“Established SMEs make up a third of the UK economy and are such a core part of our local communities and employment, yet have been increasingly neglected by the big banks. ” The post Allica Bank Celebrates £2Billion Lending Milestone as Big Banks Continue to Neglect SMEs appeared first on The Fintech Times. .

Continuity 59

Continuity On-Demand Finance Accounts 59

Fintech News

MAY 20, 2024

These virtual events became vital for maintaining business continuity, serving as a means for internal meetings and connecting with clients and audiences. Post-COVID-19, webinars continue to thrive, owing to their versatility, accessibility, affordability and effectiveness in engaging and educating audiences in an increasingly digital world.

FinTech 118

FinTech Embedded Finance BNPL AI 118

Fintech Finance

JUNE 3, 2024

South Africa’s digital economy is on a rapid growth trajectory, and we are excited to be a part of this evolution, creating access through technology.” The post EBANX and Ozow Strengthens Partnership to Empower South Africa’s Digital Economy appeared first on Fintech Finance.

Economy 52

Economy Cross-Border Cross-Border Payments Financial Inclusion 52

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

Fintech Finance

JULY 11, 2024

The digital economy’s global nature necessitates robust international infrastructure for businesses with strong growth ambitions. In May 2024, there were over 5 billion Pix transactions processed, demonstrating the scale of, and demand for, real-time payments in the LATAM market,” said Mert Aslaner, Head of Product at OpenPayd.

Instant Payments 96

Instant Payments Embedded Finance Real Time Payments Payments 96

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.” The pandemic has also refocused client demand on doing business through digital-only solutions.

Innovation 110

Innovation Non-Bank Economy Treasury 110

The Fintech Times

AUGUST 6, 2024

The second-largest economy in the Association of Southeast Asian Nations (ASEAN) region after Indonesia, has a gross domestic product (GDP) per capita of just shy of $7,000 per person, making Thailand a high-middle-income economy. Supporting startups Thailand is also investing significant resources into its wider startup ecosystem.

FinTech 116

FinTech Distributed Ledger Technology (DLT) Cross-Border Cross-Border Payments 116

PYMNTS

NOVEMBER 4, 2020

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. unemployment claims remain well above pre-pandemic levels, the virus continues to grip the country, and the odds of additional government stimulus remain unclear. “We

Volume 111

Volume On-Demand NOV Continuity 111

The Payments Association

DECEMBER 18, 2024

Undoubtedly, fintech and payments will continue to serve as pivotal forces shaping the financial landscape, but what trends will define the market next year? Jeff Parker, CEO, says, “Digital payments will continue to grow rapidly, with mobile wallets expected to reach 4.8

Cross-Border 88

Cross-Border AI Push-to-Card Real Time Payments 88

PYMNTS

MARCH 23, 2020

To get a sense of how sheltering in place and staying at home are impacting providers, and why more bandwidth is critical, Verizon estimated that there was a 75 percent increase in bandwidth demand from March 8 to 15. Telemedicine is, of course, going to continue to take root as waiting rooms become ever-more crowded.

Use Case 139

Use Case On-Demand AI Economy 139

Fintech Review

APRIL 24, 2024

They are poised to streamline cross-border payments , making them quicker and more secure: Key factors in today’s globally connected economy. By providing an alternative to conventional banking systems, particularly in areas with underdeveloped financial infrastructure, it could be transformative, especially for emerging economies.

Central Bank 91

Central Bank CBDC Cross-Border Payments Cross-Border 91

PYMNTS

OCTOBER 16, 2020

With gig-economy participation rising and U.S. healthcare costs soaring, anything that can reduce the burden of medical expenses on the often-overlooked freelancers who are driving the digital economy would be a big win. Turner added that the pandemic is only increasing the demand for insurance, and for procuring it digitally.

Visa 116

Visa Economy Push-to-Card Enrollments 116

PYMNTS

DECEMBER 23, 2020

The freelance economy is witnessing rapid growth in participation worldwide. in 2021, while additional research reveals that ad hoc workers already contribute $1 trillion to the nation’s economy. One recent report found that 57 million freelancers are expected to operate in the U.S. Thirteen percent of U.K.

Cross-Border Payments 108

Cross-Border Payments Cross-Border Wire Transfer Wire 108

The Fintech Times

JULY 14, 2024

This demonstrates the scale of, and demand for, real-time payments in the LatAm market,” said Mert Aslaner , head of product at OpenPayd. The digital economy’s global nature necessitates robust international infrastructure for businesses with strong growth ambitions.

Embedded Finance 105

Embedded Finance Payments Funds Transfer API 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 102

Financial Inclusion FinTech Underserved Central Bank 102

PYMNTS

MARCH 2, 2020

Global supply chains are impacted, as millions of workers living in the provinces of developing and emerging economies like China, Vietnam, South Korea and Malaysia are unable to work at the manufacturing facilities due to quarantine, illness or both. Why We Need A Connected, Digital Economy — Now More Than Ever. We see it everywhere.

Economy 112

Economy Online and Mobile Banking Innovation On-Demand 112

PYMNTS

JULY 17, 2020

“[A solution] that is ubiquitous, digital, 24/7, year-round and on-demand, and offers the ability to provide people with a choice in how they receive their funds, with many instant payment options.”. Remember the old adage “cash is king?”

Ubiquitous 96

Ubiquitous Instant Payments On-Demand Innovation 96

Fintech Finance

JUNE 18, 2024

Remittance flows in Asia Pacific have softened in the past year amid persistent inflationary pressures and tightening labour markets in the high-income host economies of overseas foreign and migrant workers. “The power of remittances in uplifting ecosystems and economies across the globe is well-understood.

Online and Mobile Banking 98

Online and Mobile Banking Economy On-Demand Volume 98

PYMNTS

AUGUST 28, 2020

The Wall Street Journal reports that the layoffs represent 25 percent of the company’s pre-COVID workforce of 68,000, as the global travel slowdown continues to hurt the casino industry’s recovery from COVID-19. But MGM said it still plans to bring those workers back on-staff as business demand ramps back up. employees on Friday (Aug.

Economy 99

Economy On-Demand Laws Continuity 99

Fintech Finance

OCTOBER 28, 2024

Our success with Dojo demonstrates just how strong the demand from small businesses is for timely, accessible capital. 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 98

Embedded Finance Finance On-Demand FinTech 98

Finovate

SEPTEMBER 20, 2024

The doubly-landlocked country (one of only two in the world) has been transitioning toward a market economy for years and has been credited by the Brookings Institution for its high economic growth and low public debt. HSBC has predicted that the country will have one of the fastest-growing economies in the next few decades.

Innovation 122

Innovation FinTech Online and Mobile Banking On-Demand 122

PYMNTS

MAY 7, 2020

The prospect of restarting the economy of bringing all manner of everyday life in the U.S. He noted there’s been a significant increase in demand for interactive teller machines (ITMs). The shift toward interactive tellers, he said, allows customer demand to be satisfied while allowing staff to work from home.

ATM 122

ATM Credit Union Online and Mobile Banking On-Demand 122

Fintech Review

OCTOBER 8, 2024

By 2022, Green Bond issuances worldwide surpassed $500 billion , reflecting the increasing demand for sustainable investments. With these regulatory frameworks in place, the market is poised to continue its rapid growth, creating more opportunities for sustainable finance.

Governance 98

Governance Government Finance Returns 98

Fintech News

NOVEMBER 4, 2024

These services aim to bolster the platform’s capabilities and cater to the growing demands of Singapore’s digital economy and gaming sector. Razer Gold, part of the broader Razer ecosystem, continues to provide gamers with access to payment solutions across over 50,000 games and entertainment titles.

Cross-Border 83

Cross-Border Payments Payments Institute On-Demand 83

PYMNTS

DECEMBER 14, 2020

That theme has been called the digital shift or the digital-first economy, or as a new report from Mastercard puts it, the global “e-conomy.”. As seen in the Mastercard Economic Institute’s Economy 2021 report, both governments and businesses have faced a tough and transformative year. Focusing on the U.S., percent for women and 5.2

Visa 106

Visa Economy Small Business Governance 106

PYMNTS

OCTOBER 11, 2020

T]he euro area economy is still operating far below its pre-pandemic level," he added. While this in part can be attributed to ongoing supply-side interruptions, the speed of the recovery is also held back by a lack of buoyancy in demand conditions. Lane delivered digitally to a meeting of the U.S.

Central Bank 96

Central Bank Assessments Consulting On-Demand 96

PYMNTS

JANUARY 12, 2021

As PYMNTS has reported, consumer expectations and retail commerce have both evolved quickly to meet the demand that everything from credit to debit cards to digital wallets be on offer as payments choice. Flexibility Is Key. Technology brings the concept of flexible payments into reality.

Payment APIs and Integration 104

Payment APIs and Integration Payments B2B Money Laundering 104

Fintech News

MAY 15, 2024

The burgeoning video gamer economy The confluence of significant economic, technological , and social forces is set to amplify the prominence of video gamers. The gaming industry in Asia continues to multiply, driven by the increasing number of smartphone users and the popularity of mobile gaming.

FinTech 88

FinTech Online and Mobile Banking Payment APIs and Integration Economy 88