Fintech News

FEBRUARY 4, 2024

Emerging technologies are critical for wealth management firms as economies faced a dampened investment environment in 2023, with disappointing equity returns and sky-high interest rates. In Southeast Asia, firms like Apex Private Wealth Management and Fargo Wealth Management in Singapore are evolving to meet changing demands.

AI 132

AI Returns On-Demand Underserved 132

PYMNTS

MAY 4, 2020

economy since governors began asking their citizens to #stayathome in mid-March, and even well before that. Over the last two weeks, consumers have added 47 days to how long they think it will take for them to return to normal, and when they think the economy will truly reopen. Healthy Or Hermits? percent from 35.5

Economy 83

Economy Consumer Risk Returns 83

Fintech Review

OCTOBER 8, 2024

They allow investors to achieve financial returns while supporting eco-friendly initiatives. By 2022, Green Bond issuances worldwide surpassed $500 billion , reflecting the increasing demand for sustainable investments. For instance, in certain markets, investors receive tax breaks, which can improve their return on investment.

Governance 98

Governance Government Finance Returns 98

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

PYMNTS

FEBRUARY 3, 2020

It’s a challenge that Laurel Hess, founder and CEO of on-demand laundry platform hampr , knows firsthand. The washer then takes the laundry back to her home, wash, dries, and folds it before returning it to the consumer. And she realized she wouldn’t be able to get the laundry done without missing out on her family’s activities.

On-Demand 52

On-Demand Consumer Credit Cards Returns 52

PYMNTS

OCTOBER 14, 2019

The Rise of the Gig Economy. In 2006, four years before anyone ever Uber-ed their way across town, there were rising public and private sector concerns about the conditions facing taxi drivers in the regulated, monopolistic industry – particularly in big cities like San Francisco and New York.

Economy 71

Economy On-Demand Regulations Push-to-Card 71

PYMNTS

AUGUST 3, 2020

If it takes a year to contain the COVID-19 pandemic and reopen economies, global payments could fall by as much as $108.6 By percentage, the Middle East and the Russian Federation experienced the sharpest decline, more than one third, primarily reflecting the effects of low demand and oil prices on remittances.

Authorization 101

Authorization Returns On-Demand Economy 101

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.

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Central Bank Assessments Consulting On-Demand 96

PYMNTS

JUNE 3, 2020

And no matter what the relative hunger is for return to the roulette table, there will still be strict capacity limits in place when Vegas opens for business again this weekend. Still, some within the industry are more confident about gaming’s ability to make a big return. Staffers will also regularly replace cards.

Returns 56

Returns CHIPS Rules Mitigation 56

PYMNTS

OCTOBER 22, 2020

When streaming on-demand movies at scale became viable around 2007, a new household brand name emerged: Netflix. Same for other popular series, which are all slowly returning to the networks and studios from whence they originated. Streaming services are not the only subscription providers witnessing increased demand and use.

Economy 70

Economy Origination On-Demand Returns 70

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

PYMNTS

AUGUST 21, 2020

More recently, the executive said on Fox Business News that a return to previous travel volumes would hinge on a vaccine. Consider the fact that, as estimated by the International Air Transport Association (IATA), a trade association of the world’s airlines, global passenger traffic will not return to pre-COVID levels until 2024.

Returns 116

Returns Volume On-Demand Continuity 116

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

PYMNTS

DECEMBER 30, 2020

Connected-economy companies led 2020’s surprisingly successful roster of U.S. Here are some of the most important connected-economy IPOs expected in 2021, listed in order of either their last publicly estimated or confirmed valuation or published reports indicating what a company expects its value at IPO to be: Instacart ($30 Billion) .

Economy 79

Economy Push-to-Card On-Demand Metaverse 79

PYMNTS

JUNE 7, 2019

While digital fund disbursements clearly can affect insurance claims, government tax returns and gig economy workers’ paychecks, it’s reimbursements that play a major role for the retail industry. The rise in online shopping means more shoppers needing refunds on returned merchandise. Many Happy Returns.

Returns 71

Returns Same Day ACH Real Time Payments Risk 71

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. The company also said it expects to see continued strong demand for loans, forecasting a $250 million to $300 million increase in Q4 originations. Sanborn said the fact that U.S.

Volume 111

Volume On-Demand NOV Continuity 111

PYMNTS

MARCH 18, 2016

Regular readers and retail enthusiasts don’t need much of a background explanation for the current troubles facing the emergent on-demand economy. The barriers for entry into on-demand delivery are relatively low, technologically and logistically speaking. Part of this is a natural winnowing of the field.

On-Demand 40

On-Demand B2C B2B Returns 40

PYMNTS

NOVEMBER 13, 2020

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 quarter-to-quarter increase is the number to watch: Comparing the quarters will most likely show that consumers are returning to Walmart stores instead of shopping online. billion in 2019.

Economy 60

Economy NOV On-Demand Adjustments 60

PYMNTS

APRIL 2, 2020

In addition, eCommerce-focused supply chains must be flexible enough to accommodate omnichannel experiences such as buy online, pick up in-store ( BOPIS ) and customer returns done from the doorstep (or even items that are ordered online but returned in-store). . Looking Ahead.

Economy 101

Economy Returns On-Demand Assessments 101

Fintech News

MARCH 18, 2024

Over recent years, this appealing proposition has underpinned a surge in BNPL companies globally, proving enticing in both advanced economies with high credit card usage looking for alternative finance, and in emerging nations where access to conventional credit was harder, particularly for the young and those in rural areas.

BNPL 128

BNPL Void On-Demand Underwriting 128

PYMNTS

NOVEMBER 24, 2020

Like Wardrobe, Rent My Wardrobe encourages members to put their closets online for users to rent and return –but Wardrobe’s model is a bit more complex. Renters pick up and return clothing at a local participating dry cleaner, which also cleans and stores the items, thereby eliminating Wardrobe’s need for warehouses and shipping fleets.

Returns 98

Returns On-Demand Innovation Participant 98

PYMNTS

JANUARY 1, 2021

And long-lasting, despite our collective societal wishes that things return to the way they used to be. After scrambling to meet the surge in demand for delivered goods, many had no choice but to align with — and pay for — the services of big delivery apps. To be sure, not all WFH’ers will carry on in their current capacity.

On-Demand 113

On-Demand Economy Consumer Returns 113

PYMNTS

DECEMBER 1, 2020

As alleged, Gutemberg Dos Santos played a key role in an international investment scam that promised extraordinary rates of return on phantom investments in cryptocurrencies, defrauding victims of tens of millions of dollars,” said Acting United States Attorney Audrey Strauss in the release. Eastern Time. The bank is working with J.P.

Bitcoin 80

Bitcoin Money Laundering NOV Cryptocurrency 80

PYMNTS

JULY 23, 2020

The pandemic has exposed extreme vulnerabilities in today’s economy where six in 10 Americans live paycheck to paycheck. Workers need to be able to access their funds as those funds are available to them, especially in a downturn” and as individuals return to work, Perlman said.

Payroll 85

Payroll On-Demand Economy Visa 85

Fintech News

JANUARY 16, 2024

In 2024, the banking sector is witnessing a pivotal transformation driven by advanced technologies like AI and cloud computing, evolving customer demands, and changing regulatory landscapes. China’s growing involvement in global economies and risks in its residential property sector demands scrutiny.

AI 116

AI Risk Non-Bank On-Demand 116

Fintech News

MAY 28, 2024

billion adults in the region remain unbanked, with the majority residing in developing economies such as India, China, and Indonesia. By adopting cloud-native technologies and implementing comprehensive data management solutions, digital banks can improve operational efficiency, reduce costs, and scale rapidly to meet growing customer demand.

APACS 128

APACS Financial Inclusion Online and Mobile Banking Disaster Recovery 128

The Fintech Times

DECEMBER 12, 2023

So much of LatAm investment is driven by the US rate cycle, and the US economy and recent data have been favourable in that respect. “Another opportunity may be to invest in preferred equity scenarios, particularly where projected returns look similar to traditional equity-level returns.

FinTech 129

FinTech Risk Economy Returns 129

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

FEBRUARY 15, 2017

It’s safe to say the sharing economy isn’t going anywhere soon. The success behind the sharing economy is typically due to the fact there’s an unaddressed need demanding attention. GG: Oomf is a cloud software platform that enables the sharing economy. PYMNTS: In your own words, what is Oomf about? This is what Oomf does.

Economy 50

Economy Returns Product On-Demand 50

The Fintech Times

FEBRUARY 26, 2024

The rise in digital-first, digital-only providers has introduced competition and fundamentally transformed customer expectations.The demand for seamless, secure, and personalised financial experiences is fierce. Build a single view of the customer Understanding your customer is paramount in the digital economy.

API 114

API Authentication Account Takeovers On-Demand 114

PYMNTS

MARCH 20, 2020

The staggering decline is blamed on the COVID-19 outbreak, which has seen countries around the world stop their economies to contain the spread of the virus. Smartphone demand collapsed in Asia last month due to the COVID-19 outbreak, and this dragged down shipments across the world,” said Linda Sui, director at Strategy Analytics.

On-Demand 70

On-Demand Consulting Returns Economy 70

PYMNTS

JANUARY 11, 2021

Those workers, according to reports, are demanding many things — hazard pay, better and more thorough cleaning in stores, more readily available PPE supplies and more access to the COVID-19 vaccine. For grocery workers, who are deemed in the “essential” retail category, relief has been slow in coming. But on Monday (Jan.

Economy 61

Economy IRS Push-to-Card Debit Card 61

The Fintech Times

MARCH 1, 2024

Mastercard’s new programme looks to improve the digital account opening process by verifying account ownership, lowering account abandonment, reducing non-sufficient fund (NSF) returns, and minimising manual entry of payment credentials. per cent year-on-rise, leading to predictions that it will rise from 20.7 million in 2020 to 47.8

Card Issuer 64

Card Issuer Issuers Visa Online and Mobile Banking 64

PYMNTS

SEPTEMBER 8, 2020

If demand returns in the worldwide economy, the International Chamber of Commerce (ICC) forecasts a possible $2 trillion to $5 trillion shortfall in trade financing up to 2021. The pandemic has also decreased control over cash flow and access to credit for these businesses. The ADB approximated a $1.5 8) announcement.

Visa 79

Visa Returns Finance On-Demand 79

Fintech Finance

NOVEMBER 6, 2024

The UK’s largest independent payments broker Accept Cards has today launched an innovative cash payments solution to respond to SME demand for instant, affordable cash deposits which underpin cash flow stability. Retail, convenience and hospitality sectors are expected to most utilise the service due to customer requirements and demand.

Payments 98

Payments Settlement On-Demand Bank Closure 98

PYMNTS

NOVEMBER 4, 2020

3M CEO Mike Roman told the WSJ that professional-grade N95 masks “are still in high demand – we have more demand than we can supply.”. consumers would need to know that a COVID-19 vaccine was readily available before feeling comfortable returning to their pre-pandemic routines. and Europe to levels not seen since April.

Void 99

Void On-Demand Origination Returns 99

PYMNTS

FEBRUARY 28, 2020

In an interview with CNBC , National Retail Federation CEO Matthew Shay said the inventory that is needed to satisfy demand has already been “pulled” into the supply chain, and is either in transport or in distribution centers. In research issued during last year’s trade war between the U.S. and China, more than 20 percent of U.S.

Returns 52

Returns SARS Rules On-Demand 52