PYMNTS

AUGUST 3, 2020

Consumers have come to expect on-demand service when they watch movies, make online purchases or hail rides, for example, but this practice contrasts with how most employees are paid. Various compensation alternatives have recently emerged that are more aligned with workers’ on-demand expectations. On-Demand Pay And The Gig Economy .

On-Demand 84

On-Demand Payments Payroll Economy 84

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 63

Economy Online and Mobile Banking FinTech Governance 63

PYMNTS

OCTOBER 21, 2016

The gig economy is ripe with online marketplaces, but whether a platform sinks or swims is ultimately determined by the freelancers that power the system. Without that supply, there can be no demand. Typically, on-demand workers will upload identity documentation and some sort of supplemental information (e.g.,

On-Demand 59

On-Demand Economy Enrollments Push-to-Card 59

Fintech Finance

JUNE 12, 2024

It addresses the involuntary churn rates and payment failures that have plagued the repeat economy, empowering businesses to capture and retain more revenue. The post Trustly Launches Revolutionary AI-Powered Recurring Payments to Boost European Subscription Economy appeared first on Fintech Finance.

Economy 98

Economy AI Payment APIs and Integration Fraud Prevention 98

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

Payments Source

APRIL 29, 2018

Younger consumers are more willing to shop around compared to previous generations, and the on-demand economy means there is an expectation of instant gratification, writes Julian Wallis, retail director at Rambus.

On-Demand 71

On-Demand Consumer Economy ISOs 71

Payments Dive

APRIL 8, 2022

The company has teamed up with DailyPay at a time when grocers are taking cues from the gig economy and looking for ways to give employees more control over their earnings.

On-Demand 78

On-Demand Economy 78

PYMNTS

MARCH 12, 2020

With Mastercard’s Pay on Demand platform, people get improved access to financial services and other offerings, which drives financial inclusion and can bring about improved economic possibilities for individuals and businesses. “At

On-Demand 72

On-Demand Visa Consumer Financial Inclusion 72

PYMNTS

JULY 27, 2020

Now, Edwards said, banks are at the same starting point on disbursements, but this is the opportunity to capitalize on the next big digital payments wave — from digital to instant, on-demand money, creating a modern disbursements experience. The evolution to make all payouts instant, on demand and with choice, he noted, is underway.

On-Demand 91

On-Demand Instant Payments Push-to-Card Treasury 91

PYMNTS

JULY 16, 2020

To bring health and wellness products to its customers, Walgreens has teamed with DoorDash for on-demand delivery. One of the things we did in COVID is we shifted into going beyond restaurants and focused on empowering local economies by bringing things — other things that people want to be delivered to their home.

On-Demand 56

On-Demand Participant Economy Product 56

PYMNTS

MAY 29, 2019

FinTech firms that provide workers with wages on demand (i.e., Shift workers using Wagestream tend to sign up for more shifts, he noted, because access to wages on demand brings the financial rewards of doing work closer, strengthening employee retention for employers in this field. Yet, in the U.K.,

On-Demand 60

On-Demand Payroll Compliance Economy 60

Segpay

SEPTEMBER 20, 2023

In the dynamic landscape of Brazil’s rapidly growing e-commerce market, the subscription economy has emerged as a powerful force, reshaping how businesses engage with customers and generate sustainable revenue streams. The Rise of Brazil's Subscription Economy Now let us explore our main topic. million internet users 152.4

Economy 52

Economy Processors Disputes Cross-Border 52

PYMNTS

JANUARY 21, 2020

But a new generation of workers is now driving monumental changes in the way businesses employ and pay talent, with their participation in the gig economy a key driver of those shifts. The company is the latest payroll solution provider to introduce such a feature as demand for faster access to earned wages heats up.

Payroll 68

Payroll Economy On-Demand Direct Deposit 68

PYMNTS

JULY 13, 2020

Before the pandemic hit, the global freelancing economy was expected to experience significant proliferation. As the PYMNTS Gig Economy Tracker noted earlier this year, freelancers are set to make up more than half of the U.S. Payments are key to the trust equation, particularly when hiring expands across borders. talent pool by 2028.

Economy 109

Economy Value Added Service Payments On-Demand 109

PYMNTS

OCTOBER 21, 2020

The ownership economy is going full throttle. He pointed to “solid demand and a strong pricing environment due to low interest rates and increased interest in vehicle ownership from consumers.” Higher demand and tight inventory should continue into the next year, he said. As reported Wednesday (Oct. that had been expected.

Economy 89

Economy Online and Mobile Banking On-Demand Consumer 89

PYMNTS

FEBRUARY 20, 2019

The platform supports same day ACH, prepaid card, cash and debit payments to PayPal, Bitcoin, and other payment methods for on-demand workers to receive compensation. It has also landed a partnership with Astral Brands’ Aloette Cosmetics, which will begin using the KyckGlobal platform to pay its on-demand workforce.

On-Demand 51

On-Demand Same Day ACH Alternative Payment Methods PayPal 51

PYMNTS

APRIL 10, 2019

The Index also discovered that the gig economy is among one of the first areas to disrupt the normal pay cycle. Access to these types of payments isn’t limited to just the gig economy, though. . On-demand earnings offer workers a financial lifeline should they be blindsided by unexpected expenses.

On-Demand 60

On-Demand Payroll Direct Deposit Instant Payments 60

Payments Dive

SEPTEMBER 17, 2024

senators demanded tighter regulations on BaaS and fintech partnerships, saying they pose “a broader threat to the stability of our banking system and the economy.”

FinTech 78

FinTech On-Demand Economy Regulations 78

PYMNTS

OCTOBER 31, 2018

The good news about living in 2018, Doctor on Demand CEO Hill Ferguson told Karen Webster, is that the flu can be treated in the first 48 hours of infection. As the model has expanded and evolved, Doctor on Demand has become increasingly attractive to established clinicians looking to have greater control of their schedules.

On-Demand 75

On-Demand Rules Wires Wire 75

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. eCommerce spiked because consumers demanded it and drove it. One was driven by demand; the other was driven by necessity. The numbers speak for themselves. D2C Explodes.

Economy 118

Economy Consumer On-Demand Shutdown 118

PYMNTS

MAY 26, 2016

Sometimes slow news is good news for a sector, particularly one like the on-demand delivery market space, where recent news has surrounded a wave of firms flaming out. Because while the direct action among the vast and various firms jostling to become the “Uber of X” was tame, the peripheral action in the space was hopping.

On-Demand 40

On-Demand Regulations Economy Laws 40

PYMNTS

OCTOBER 18, 2020

China says it has the COVID-19 pandemic under control and will see its economy boosted by around 2 percent, according to Reuters. 18), which Reuters writes signals a recovery of domestic demand. The Chinese economy remains resilient with great potential. In the second quarter , China’s economy saw a 3.2

Central Bank 63

Central Bank Economy On-Demand Continuity 63

CB Insights

AUGUST 13, 2020

The gig economy — a labor market characterized by flexible contractor work — continues to mature, especially as more consumers turn to platforms like Uber , Lyft , Instacart , and Fiverr. The post How Fintech Companies Are Helping Power The Gig Economy appeared first on CB Insights Research. Want the full post?

Economy 69

Economy FinTech On-Demand Participant 69

PYMNTS

OCTOBER 5, 2018

By learning about the challenges couriers experience when performing deliveries, the SFMTA will better understand the role on-demand delivery services play in San Francisco and their use of the overall transportation network,” the organization wrote in a blog post. workforce has participated in the gig economy in some way.

On-Demand 51

On-Demand Economy Participant Posting 51

CB Insights

MAY 3, 2016

As recently as mid-2015, investors were herding into on-demand, as they bought into the promise of disrupting established players in food delivery, home cleaning, transportation, and many other fields. VC-backed companies like Lyft, BlaBlaCar, Thumbtack, China’s Ele.me, and Singapore’s GrabTaxi joined … Continued.

On-Demand 52

On-Demand Economy Continuity 52

CB Insights

MAY 3, 2016

As recently as mid-2015, investors were herding into on-demand, as they bought into the promise of disrupting established players in food delivery, home cleaning, transportation, and many other fields. VC-backed companies like Lyft, BlaBlaCar, Thumbtack, China’s Ele.me, and Singapore’s GrabTaxi joined … Continued.

On-Demand 52

On-Demand Economy Continuity 52

PYMNTS

JANUARY 18, 2021

Debbie Guerra, executive vice president of merchant payments and payments intelligence solutions at ACI Worldwide , dives into how digital transformation will be key to enabling businesses, individuals and entire economies to recover from the huge challenges presented by the pandemic.

Economy 82

Economy Innovation Fraud Prevention Contactless Payments 82

PYMNTS

SEPTEMBER 15, 2020

That’s because consumer demand is picking up, but retail inventories are relatively low. To that end, as reported in Commercial Carrier Journal, with reporting from online sessions held by FTR, freight demand is strong now – but there’s still uncertainty ahead. He added that “we’ve seen huge strength coming into the West Coast ports.”

On-Demand 56

On-Demand Volume Push-to-Card Credit Cards 56

PYMNTS

FEBRUARY 27, 2020

That’s because a decade ago, the gig economy was still in its nascent stages. According to the latest edition of the Gig Economy Tracker , PYMNTS found that 42 percent of U.S. gig economy. According to the latest edition of the Gig Economy Tracker , PYMNTS found that 42 percent of U.S. gig economy.

Economy 94

Economy Payroll Instant Payments Use Case 94

PYMNTS

SEPTEMBER 15, 2020

That’s because consumer demand is picking up, but retail inventories are relatively low. To that end, as reported in Commercial Carrier Journal, with reporting from online sessions held by FTR, freight demand is strong now – but there’s still uncertainty ahead. He added that “we’ve seen huge strength coming into the West Coast ports.”

On-Demand 56

On-Demand Volume Push-to-Card Credit Cards 56

PYMNTS

OCTOBER 2, 2019

Whether they’re waiting to receive government payments, wages or rebate checks from online retailers, consumers increasingly demand that funds be sent instantly. In other markets, workers in the gig and sharing economies — such as ridesharing drivers — are beginning to expect to see their wages paid out instantly. About The Tracker.

On-Demand 49

On-Demand Instant Payments Online and Mobile Banking Checks 49

PYMNTS

AUGUST 27, 2019

The on-demand home services platform for homeowners and property managers matches electricians, plumbers, HVAC technicians and handymen with nearby repair or maintenance job requests for offices, homes, condos and restaurants. . The $3 trillion gig economy comprises 57 million people in the U.S.

On-Demand 51

On-Demand Economy Addressing Service Provider 51

PYMNTS

DECEMBER 7, 2020

It's kind of an on-demand working capital solution,” he said. “If In the first few months of the pandemic, Brachfeld said he saw a spike in demand for early payments alongside heightened worries about the economy, as well as an increase in “goodwill” by businesses wanting to help out their suppliers. If you need it, you use it.

On-Demand 73

On-Demand Payments Participant Accounts 73

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. Blue Apron has also had trouble meeting labor demands, according to reports. It’s not a question that will be answered tomorrow.

Economy 85

Economy On-Demand Shutdown Consumer 85

PYMNTS

FEBRUARY 3, 2020

It’s a challenge that Laurel Hess, founder and CEO of on-demand laundry platform hampr , knows firsthand. At the same time, with the state of apps and technology, Hess notes that “people have already figured out some of these insurmountable things” in terms of the on-demand economy.

On-Demand 52

On-Demand Consumer Credit Cards Returns 52

PYMNTS

DECEMBER 22, 2020

"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.". As for the national economy as a whole, the CFOs in the latest survey gave an average number of 61.6 The CFO Survey data was gathered Nov. 30 through Dec.

Economy 72

Economy Federal Reserve Automation On-Demand 72

Payments Dive

FEBRUARY 14, 2017

Mobile apps such as Postmates and Uber have become the blueprint for great customer experiences. But what is it like to be on the other side of such services, particularly Postmates?

On-Demand 84

On-Demand Economy 84