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

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

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. The latest research shows 40 percent of surveyed shoppers report doing fewer activities in stores and more activities online — this is up from the 12 percent who reported doing so on March 6.

Economy 118

Economy Consumer On-Demand Shutdown 118

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

PYMNTS

FEBRUARY 3, 2020

It’s a challenge that Laurel Hess, founder and CEO of on-demand laundry platform hampr , knows firsthand. Hess researched laundry services and wasn’t satisfied with the options already on the market. Before she started hampr, she had been on a business trip and arrived back home to be surrounded by laundry in her kitchen.

On-Demand 52

On-Demand Consumer Credit Cards Returns 52

PYMNTS

AUGUST 17, 2020

There are many reasons for that — and we’ve highlighted them consistently since March, in the published PYMNTS research of the pandemic-induced shopping behaviors of more than 20,000 American consumers. And that’s the rise of the auto-refill economy. General Mills reported that its U.S. Why wasn’t that number higher?

Economy 134

Economy Adjustments Consumer Product 134

The Fintech Times

SEPTEMBER 23, 2024

The report , Employees with Benefits , explores employees’ growing demands and needs as their benefits landscape evolves. Adapting to changing demands Employers have had to adjust to new employee demands as it becomes clear that the pre-pandemic working environment and associated attitudes are no longer acceptable in the modern day.

AI 59

AI Payment APIs and Integration On-Demand Push-to-Card 59

PYMNTS

OCTOBER 6, 2020

The growth of the connected economy is predicated on – and is propelling – the emergence of online platforms. The great digital shift demands that consumers hop from one activity to another in a seamless fashion – and the recent pandemic-led pivot to living life online is not going away soon. As reported on Tuesday (Oct.

Economy 82

Economy Blocks Caps Cost Structure 82

Fintech News

MAY 6, 2024

Amazon Web Services (AWS) announced that it is set to invest an additional S$12 billion into Singapore’s cloud infrastructure by 2028 during the 10th AWS ASEAN Summit , aiming to bolster its services amid increasing demand. According to a new AWS Economic Impact Study , this investment is projected to contribute S$23.7

AI 103

AI On-Demand Economy Governance 103

PYMNTS

JANUARY 26, 2017

corporations spent more than $282 billion on corporate travel last year, and the latest data from T&E company Certify says more of that money is going to the sharing economy. But the biggest story, Certify said, is the increase in dollars allocated to sharing economy services.

On-Demand 40

On-Demand Economy Continuity Business Continuity 40

PYMNTS

MAY 26, 2017

New research shows that the number of on-demand workers in the U.S. Recode reports that the combined research by Intuit and Emergent Research revealed that 9.2 million Americans are expected to work in the gig economy by 2021, up from 3.8 million last year. million last year. million) or construction (6.8

Economy 42

Economy On-Demand Research Finance 42

The Fintech Times

JUNE 26, 2024

Changing consumer demands pose the biggest challenge to profitability for two-thirds of subscription businesses over the next decade, according to a new report by Minna Technologies. Customer demand for consolidation has led to the emergence of new channels to manage subscriptions, such as banking apps and aggregators.”

Technology 64

Technology Consumer On-Demand Consulting 64

The Fintech Times

NOVEMBER 4, 2024

Demand for artificial intelligence (AI) expertise is quickly growing, but the number of skilled professionals is not currently high enough, according to technology giant SAP. The SAP University Alliances programme enables universities to collaborate on research projects, gain access to SAP software, teaching materials and related support.

AI 69

AI On-Demand Participant Professional Development 69

PYMNTS

JANUARY 14, 2021

When merchants were surveyed by Visa , two very interesting facts emerged. The first is that 60 percent of retailers have a problem: They aren’t currently selling on marketplaces, despite the fact they would like to do so. Forward-thinking marketplaces are quickly realizing this is the offering they need to make now. Thinking Beyond the Bank.

Economy 72

Economy Settlement Online and Mobile Banking On-Demand 72

CB Insights

JANUARY 25, 2022

New York-based Nowsta’s on-demand labor marketplace connects employers and skilled workers and provides tools to hire, manage, and pay hourly workers. The post Nowsta Raises $41M For Its Gig Economy-Focused Workforce Management Software. appeared first on CB Insights Research. HOW’S THE COMPANY PERFORMING?

Economy 63

Economy On-Demand Participant Research 63

Fintech Finance

OCTOBER 15, 2024

That’s according to new research conducted on behalf of Nets , part of Nexi Group – the European PayTech. Lars Erik Tellmann, Chief Regional Officer for the Nordics at Nets, commented: “Although rising inflation and interest rates have affected the economy, we can now see that consumer purchasing behaviour has begun to normalise.

Mobile Payments 84

Mobile Payments Push-to-Card Payments Contactless Payments 84

The Payments Association

SEPTEMBER 26, 2024

The resurgence of cash use Regardless of how much our industry thrives on digital payments, cash remains vital to the global economy. Research by PayComplete, a global leader in cash management solutions, revealed that over half (57%) of organisations do not foresee their business becoming completely cashless.

FinTech 88

FinTech Financial Inclusion Alternative Payment Methods Cash Management 88

PYMNTS

NOVEMBER 27, 2018

After all, according to the PYMNTS/HyperWallet Gig Economy Index , 35 percent of today’s workforce participates in what we now call the gig economy. If so, that could have longer term impacts on the payment and other services that are popping up to better serve the growing gig economy. Gig Income Drop. Why the income drop?

Economy 55

Economy On-Demand Participant Research 55

Clearly Payments

OCTOBER 7, 2024

The COVID-19 pandemic has reshaped industries and economies worldwide. Cash Usage Decline : The World Bank reported that cash usage in advanced economies declined by nearly 50% during the pandemic, with consumers opting for digital and contactless payment methods instead. in 2020, reaching $4.28

Cross-Border 88

Cross-Border Processors Multi-Currency Contactless Payments 88

The Fintech Times

MAY 7, 2024

In fact, less than a third of US banks are signed up to either RTP or FedNow , meaning the vast majority cannot offer instant payments as a service; new research from RedCompass Labs , the payments modernisation company, has revealed. The latest RedCompass Labs report, ‘ Time to leave legacy behind?

Instant Payments 59

Instant Payments FedNow RTP Zelle 59

Fintech News

MAY 20, 2024

Similarly, research by GoodFirms found a notable uptick, with 46.5% The COVID-19 pandemic led to restrictions on physical gatherings, prompting businesses to swiftly move their marketing activities to online platforms and bringing webinars into the spotlight. of businesses reporting an increase in webinar hosting, and 28.3%

FinTech 125

FinTech Embedded Finance BNPL AI 125

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. As economies develop, average annual hours worked per person tend to decline, suggesting that people in these countries have more leisure time than they did five decades ago.

FinTech 96

FinTech Online and Mobile Banking Payment APIs and Integration Economy 96

PYMNTS

JANUARY 23, 2018

In the workplace, robotics and machine learning is already disrupting everything from accounts payable to customer support, but new research from Pegasystems in its “ The Future of Work ” report suggests employees should anticipate working alongside them. The Gig Economy Impact.

Economy 50

Economy AI Automation On-Demand 50

PYMNTS

OCTOBER 18, 2019

TaskRabbit is a gig economy platform that matches “Taskers” with people who need handiwork done for variety of household chores and repairs. We are at a very exciting life stage for the company,” Rose said during a discussion that not only served as an update on TaskRabbit, but a look at the current gig economy landscape. “We

Economy 45

Economy On-Demand Consumer Participant 45

PYMNTS

NOVEMBER 13, 2020

But while Walmart will probably shy away from specific numbers, PYMNTS research has not. An exclusive research project from PYMNTS shows that Walmart could leverage its new membership model to capture more of the consumer’s whole paycheck. Walmart will lay claim to its share of the U.S. consumer’s whole paycheck on Tuesday (Nov.17)

Economy 60

Economy NOV On-Demand Adjustments 60

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 95

Online and Mobile Banking Economy On-Demand Volume 95

Fintech Finance

JUNE 25, 2024

As part of its mission to connect and power an inclusive digital economy, Mastercard has signed a strategic agreement with urpay to offer urpay consumers across the Kingdom greater access to an advanced selection of cross-border payment solutions. These services will be provided through urpay digital wallet.

Cross-Border Payments 71

Cross-Border Payments Cross-Border Visa Security 71

PYMNTS

FEBRUARY 13, 2019

” Indeed, researchers have found evidence that companies are struggling to manage the growing weight of KYC, anti-money laundering (AML) and other financial regulatory compliance demands. According to the publication, bad actors are flocking to the gig economy, and services like Uber and Airbnb , to launder money.

Money Laundering 64

Money Laundering AML Economy SWIFT 64

PYMNTS

AUGUST 30, 2017

Similarly, though for very different reasons, we also tend to associate service on demand with the young, or at least the youngish. We follow the sharing economy model where everyone who provides services for us is an independent contractor,” noted founder Armand Lauzon. pays up ahead of time and books the appointment. “We

On-Demand 49

On-Demand Economy Research Continuity 49

PYMNTS

MARCH 6, 2018

After Uber Chief Economist Jonathan Hall highlighted problems with the research methodology used by MIT researchers in a draft paper, the lead researcher acknowledged flaws in the survey used in the study. The paper was drafted by MIT’s Center for Energy and Environmental Policy Research (CEEPR).

Research 40

Research On-Demand Origination Participant 40

PYMNTS

NOVEMBER 30, 2020

The shift in consumer preference is altering the market, shifting valuations and creating entirely new species of demand in the shopping population. PYMNTS research found that 25 percent of shoppers prefer shopping entirely digitally. Digital Sales Surge on Black Friday.

Economy 60

Economy Wire Wires On-Demand 60

CB Insights

OCTOBER 17, 2017

Startups like Misspao , LePao , Douba , and others have rolled out 24-hour public gym pods that offer basic fitness equipment available on-demand – making mini-gyms the latest entrant to China’s so-called sharing economy. Research Briefing: THE FUTURE OF Fitness Tech. Interior of a Misspao “pod gym.”

On-Demand 48

On-Demand Economy Mobile Payments Innovation 48

PYMNTS

JULY 5, 2018

Nokia and Tencent , one of China’s leading providers of internet services, announced Thursday (July 5) that they inked an agreement to carry out joint research and development work to explore the potential of 5G for new applications. In a press release , the companies said the deal was made at the Mobile World Congress (MWC) Shanghai.

Research 40

Research On-Demand Economy Agreements 40

Neopay

OCTOBER 23, 2024

Card payments dominate the Nordic payment landscape , with 90% of shoppers using them for contactless payments either daily or once a week, according to new research conducted on by Nets. With demand for innovative approaches steadily increasing.

Mobile Payments 52

Mobile Payments Push-to-Card Payments Cross-Border 52

The Fintech Times

SEPTEMBER 12, 2024

New Checkout.com research now reveals a 26 per cent year-on-year rise in the number of unique cards used for online purchases in the UAE and Saudi Arabia between July and August, suggesting that people are increasingly going online for purchases.

Consumer 69

Consumer BNPL Payments Payment Solutions 69

PYMNTS

OCTOBER 22, 2020

When streaming on-demand movies at scale became viable around 2007, a new household brand name emerged: Netflix. Streaming services are not the only subscription providers witnessing increased demand and use. There was also their “suggestion” algorithm — a glimpse of the future. Streaming Giants Slug It out for Subscribers .

Economy 70

Economy Origination On-Demand Returns 70

The Fintech Times

OCTOBER 16, 2024

The new research surveyed 4,000 consumers and 2,000 merchants, exploring the different attitudes towards the payments market. This indicates a disconnect between consumer demand and merchant provision. “We It has revealed that while card payments dominate the payment landscape, mobile payments are on the rise.

Mobile Payments 52

Mobile Payments Push-to-Card Payments Cross-Border 52