PYMNTS

JULY 14, 2020

Despite some recent positive macroeconomic data and significant, decisive government action, we still face much uncertainty regarding the future path of the economy,” he noted in a statement that accompanied J.P. Card sales volumes are down, but have been consistently trending upward since April,” Dimon said. “We billion from $9.7

Volume 65

Volume Credit Cards Non-Bank Push-to-Card 65

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 billion in 2022, up from $7.5

Cross-Border 94

Cross-Border Processors Multi-Currency Contactless Payments 94

PYMNTS

JANUARY 1, 2020

Armed with new tech, mobile devices, data and the cloud, they fast-tracked the shift from a largely analog world to the app-based economy of today. That connected economy will be the result of the full force of the Internet of Things (IoT) in action. Payments will power that shift. Today, there are 7.3 billion people in the world, 5.1

Economy 69

Economy Online and Mobile Banking Credential Push-to-Card 69

PYMNTS

AUGUST 17, 2020

And that’s the rise of the auto-refill economy. For one reason: There wasn’t enough capacity at the store level to meet delivery demand, the company’s president of North American retail reported to analysts. The replenishment models establish auto-order frequencies for depletable physical products that people consume on regular basis.

Economy 134

Economy Adjustments Consumer Product 134

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

JULY 28, 2020

The latest forecast from the International Air Transport Association (IATA) has airlines grappling with reduced demand until at least 2024 – and that’s the best-case scenario. All of this points to a longer recovery period and more pain for the industry and the global economy.”

Volume 56

Volume On-Demand Economy Returns 56

PYMNTS

SEPTEMBER 20, 2018

The gig economy heralds a sea change in how we work. And in another signal that the top-line and core staffing metrics may be a disappointment, the company said volume trends had declined further in September. Hiring increases as demand ramps up for projects or other temporary work. billion of gross services volume (or GSV).

Economy 51

Economy Volume On-Demand Regulations 51

Fintech News

JUNE 25, 2024

With a vision to create a cashless society in Southeast Asia’s largest economy and to empower millions with innovative financial services, as the ubiquitous digital payments service in Indonesia, DANA embarked on a journey of growth and transformation.

Database 124

Database Volume On-Demand Disaster Recovery 124

PYMNTS

DECEMBER 18, 2020

Morgan , said financial institutions (FIs) need to offer those firms payments functionality on demand. He said we’re seeing the “API economy” take shape, where banks want to plug new functionality into existing systems on both the front end and back end. That means offering PaaS, they said. Onyx, it should be noted, is a new J.P.

Economy 67

Economy API Payment APIs and Integration FedWire 67

Fintech News

MARCH 3, 2024

The move follows a period of major growth for Airwallex in the Americas as the company reported a 460 percent increase in revenue and over a 1,000 percent surge in transaction volume year-over-year. He will be reporting to Kai Wu, Chief Revenue Officer. said Zhang. said Ravi Adusumilli, EGM Americas, at Airwallex.

On-Demand 101

On-Demand Volume Continuity Economy 101

PYMNTS

APRIL 16, 2020

and around the world, the focus for everyone has to be on battling back the coronavirus first and re-opening the economy second. Demand for loan products has also fallen. Given the full-scale shutdown in the U.S. and across the world, one might have expected that quarterly earnings season would be a less than sunny experience.

Volume 63

Volume Push-to-Card Direct Deposit Small Business 63

PYMNTS

JANUARY 24, 2021

economy recovering faster than usual, U.S. Supply disruptions and higher material costs for items in high demand are causing a build-up of problems, the report says. With the U.S. suppliers are struggling to keep up, a report from Fox Business says. That has resulted in some producers adding on weekend hours and overtime.

On-Demand 83

On-Demand Economy Volume Product 83

The Fintech Times

MAY 7, 2024

Instant payments in the US ‘, surveyed 300 senior payment professionals in US banks to get a better picture of the demand for instant payments, the barriers to implementation, the challenges banks face, and other important payment trends. Are legacy systems stopping banks from evolving? Hewson also added: “There is no going back.

Instant Payments 59

Instant Payments FedNow RTP Zelle 59

Fintech Finance

JUNE 3, 2024

With its technology and licence infrastructure, OpenPayd is uniquely positioned to capture this demand and power the growth of the digital economy. The platform, now processing over €50bn volume annually, is proven at scale and proudly serves global brands such as eToro, OKX and Libertex.

Embedded Finance 52

Embedded Finance Finance IBAN Real Time Payments 52

PYMNTS

MAY 8, 2020

Square’s Q1 ended with slowing gross payment volumes , pushed by the pandemic and the shuttering of merchant locations, while the company also took reserves against potential losses. And while there were many striking individual results, the most interesting and observable trend is how uneven the effects have been on the whole.

Economy 75

Economy PayPal Payments Push-to-Card 75

PYMNTS

JUNE 13, 2019

It’s no secret that the gig economy has grown by leaps and bounds. As Rohit Kulkarni, an MKM Partners analyst wrote, “Public markets haven’t (as yet) rolled out the red carpet for cash-burning gig economy start-ups, such as Upwork, Uber, and Lyft. As many as a third of U.S. workers are involved, in some way, in project work.

Economy 49

Economy On-Demand Volume Posting 49

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

PYMNTS

NOVEMBER 18, 2020

Shipping giant Maersk is predicting a better 2021 in a move that bodes well for the battered but now recovering global economy. A rebound in retail sales in the United States has resulted in a quicker than expected resurgence in shipping demand, with Maersk now expecting EBITDA to weigh in between $8 billion and $8.5

Volume 86

Volume On-Demand Economy Government 86

The Finance Weekly

OCTOBER 1, 2024

Variable expenses often grow with sales volume—the more you sell, the higher these costs. If you want to cut down these costs, start by getting a grip on your customer volume trends and tweaking your work schedules. Mastering variable expenses is key to accurate budgeting and strategic cost management.

On-Demand 52

On-Demand Credit Cards Volume Cost Structure 52

Fintech News

JANUARY 7, 2024

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.

Financial Inclusion 119

Financial Inclusion Innovation Payments NOV 119

The Fintech Times

SEPTEMBER 25, 2024

“We’re on a mission to be the all-in-one financial partner that truly supports our customers because we know that small businesses are the backbone of our economy,” explained Richard Carter , CEO and founder of Lopay.

Point-of-Sale (POS) 59

Point-of-Sale (POS) Embedded Finance Finance On-Demand 59

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. Walmart said it expects up to 30 percent of its holiday volume to be shipped from the new pop-up eDCs. 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

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. International Monetary Fund (IMF) estimations pointed to a total money laundering volume of $2.1

Money Laundering 64

Money Laundering AML Economy SWIFT 64

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

Fintech Finance

JANUARY 15, 2024

Finzly , the pioneering provider of modern payments systems has announced that its 2023 revenue growth doubled over 2022, and its payments platform volume grew by more than 400%. Datos Insights reports that 94% of banks are investing in their payments technology, with almost a third saying they are making significant investments.

FedNow 52

FedNow Real Time Payments Payments API 52

The Fintech Times

DECEMBER 7, 2023

The merger of the Santiago, Lima and Colombia stock exchanges, which forms nuam exchange, seeks to create a unique, open and transformative market that can bolster the domestic economies of these countries while also positioning itself as a leading global exchange group.

Participant 59

Participant On-Demand API Volume 59

PYMNTS

NOVEMBER 4, 2020

In the spring and summer, container shipping lines called off hundreds of voyages amid pandemic-fueled lockdowns that negatively impacted economies and international trade that dried up. In August, international container shipping volumes were up 34.2 In August, international container shipping volumes were up 34.2

Volume 64

Volume On-Demand Returns Economy 64

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

MAY 1, 2020

Demand has been driven largely by great deals and discounts from sellers, including small- to medium-sized business (SMB) sellers who want to move inventory for cash. Like many retailers, Tradesy opened 2020 with great expectations and big plans. It’s been anything but predictable and something of a roller coaster ride, thus far. “We

Economy 64

Economy P2P On-Demand Volume 64

PYMNTS

OCTOBER 28, 2020

"What I enjoy most is helping our customers thrive in this rapidly changing world and helping them realize their vision in a way that simplifies the adoption of new technology — capabilities that can unleash their innovation in the digital economy," said Craig Muzilla, senior vice president of Red Hat. Resilience in the Digital Economy.

Technology 73

Technology Economy On-Demand Real Time Payments 73

Clearly Payments

AUGUST 24, 2024

This surge can be attributed to consumer demand for speed and convenience, particularly during the COVID-19 pandemic, which accelerated the adoption of contactless technology globally. Similarly, Cash App reported a 41% year-over-year growth, with total transaction volume reaching $207 billion.

Debit Card 88

Debit Card P2P Cross-Border Central Bank 88

PYMNTS

NOVEMBER 1, 2018

The innovation necessary is for every firm in the space to be able to onboard and manage an onslaught of gig economy workers, and to get mass quantities of cards produced and delivered in a timely fashion. However, Grant added, these days, that innovation needs a lot of scaling up.

Economy 72

Economy Innovation Push-to-Card Payment APIs and Integration 72

Open Banking Excellence

JANUARY 9, 2024

Consumer expectations are rising as regulators push for increased competition and innovation to meet evolving consumer demands. According to a recent McKinsey report, the Insurtech industry already contributes £5 billion and 60,000 jobs to the UK economy. Nuapay has solutions to cover all types of insurance clients.

Payment APIs and Integration 130

Payment APIs and Integration Payer Online and Mobile Banking Authentication 130

Tearsheet

NOVEMBER 27, 2023

Faced with changing financial demands, businesses often encounter the need for flexibility in financial transactions. Gig economy firms contribute a higher-than-average portion of ad hoc AP payments, and exhibit a pronounced preference for utilizing instant payment methods over other industries. are ready to make the switch.

Instant Payments 52

Instant Payments Zelle Payments Economy 52

PYMNTS

APRIL 5, 2018

The most recent PYMNTS’ Gig Economy Index , for example, found that 51 percent of gig workers surveyed in the fourth quarter of 2017 reported being paid within one week of rendering their services. The volume of same-day automated clearing house (ACH) transactions is expected to rise over the coming months.

Economy 43

Economy Zelle Same Day ACH P2P 43

PYMNTS

NOVEMBER 7, 2017

Almost a decade in, no longer fueled by desperation, the gig economy has taken a new shape and form. Today, the $700 billion-plus economy is powered not just by people who have lost their jobs or students working summer jobs, but increasingly by those who prefer the gig lifestyle. Benefits in the gig economy. to 5:00 p.m.

Economy 41

Economy ACH Network Acquirers Direct Deposit 41

Clearly Payments

AUGUST 14, 2024

With the global economy’s increasing digitization, the demand for efficient, cost-effective payment processing solutions has surged. Larger merchants, with higher transaction volumes, have more negotiating power and can often secure lower rates. In 2024, payment processing is more complex and competitive than ever.

Process 82

Process Credit Cards Alternative Payment Methods Debit Card 82