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Payments Innovation in Indonesia to Drive Economic Growth and Financial Inclusion

Fintech News

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.

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Data: 70 Pct Of North American CFOs Expect Economy To Improve With COVID Vaccines

PYMNTS

"However, they note several important risks and uncertainties, including a shift from concerns of low demand to issues such as labor quality, tax policy and increased automation.". The CFO Survey data was gathered Nov. As for the national economy as a whole, the CFOs in the latest survey gave an average number of 61.6

Economy 72
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India's Diwali Festival To Boost Economy, But Stokes COVID Fears

PYMNTS

Consumers are flocking to shopping areas in India’s major cities and towns in advance of Diwali, India's festival of lights, this Saturday (Nov. Flipkart hired 70,000 additional workers to meet the demands of the Diwali season, and Amazon has injected $95.51 million into its India unit. Sixty percent of customers are not there.

Economy 73
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Global ESG Fintech Investment Expected to Exceed US$ 100 Billion This Decade

Fintech News

This surge in in-house spending reflects a strategic shift towards incorporating sustainable and green finance products across more channels, the report notes, and reveals that institutions are taking substantial steps towards transitioning their financial products into the green economy, aligning themselves with ESG principles.

FinTech 119
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Bitcoin Daily: Bitcoin Crests $19,800; Russian Bank To Launch Sbercoin Crypto In 2021

PYMNTS

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
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Walmart Earnings Provide New Insight Into Digital-First Economy

PYMNTS

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. billion in 2019.

Economy 60
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LendingClub Q3 Loan Volume Snaps Back 80 Pct

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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. Sanborn said the fact that U.S. Radius Acquisition.

Volume 111