PYMNTS

NOVEMBER 4, 2020

California voters passed Proposition 22, which exempts tech platforms like Uber, Lyft, and DoorDash from state law AB 5, which forced them to reclassify gig workers as employees, according to a Wall Street Journal report on Wednesday (Nov.

Laws 117

Laws NOV Economy 117

PYMNTS

DECEMBER 22, 2020

Meanwhile, almost 70 percent of North American CFOs in a Deloitte survey said they expect a boost to the economy by the middle of next year due to the vaccine, WSJ reported. 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 30 through Dec.

Economy 72

Economy Federal Reserve Automation On-Demand 72

PYMNTS

NOVEMBER 12, 2020

“Mastercard’s Vocalink business is a demonstrated leader in the real-time payments ecosystem, and they will be a valuable partner for Payments Canada in the introduction and ongoing operation of Canada’s real-time payments system,” Tracey Black , president and chief executive officer of Payments Canada, said in a statement on Thursday (Nov.

ISO 20022 138

ISO 20022 Real Time Payments Settlement Payments 138

PYMNTS

NOVEMBER 11, 2020

Alibaba ’s Singles Day performance on Wednesday (Nov. Singles Day — Alibaba’s popular shopping holiday that takes place every Nov. However, the company technically started Singles “Day” on Nov. The big gains were a great sign that the Chinese economy — and more specifically, consumer spending — is on a post-COVID rebound.

Regs 95

Regs NOV Law Enforcement Economy 95

PYMNTS

NOVEMBER 23, 2020

The economists projected that new $1,200 personal checks to adults and children would do more to benefit the pandemic-ravaged economy more than even the expanded unemployment benefits would, helping to ensure that 8.3 It could also do well to spur the economy. 3 election night.

Federal Reserve 105

Federal Reserve Economy NOV Checks 105

PYMNTS

NOVEMBER 13, 2020

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. Delhi is already seeing a rise in cases, reporting 8,593 cases on Wednesday (Nov. 11), a record high — the first time the city’s cases have crossed 8,000, according to NDTV.

Economy 73

Economy NOV Wire Wires 73

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 125

Financial Inclusion Innovation Payments NOV 125

PYMNTS

NOVEMBER 6, 2020

Walmart, the world’s largest brick-and-mortar retailer, announced Friday (Nov. Walmart’s decision to sell its Argentinian retail operations, where it has over 90 stores and more than 9,000 employees, comes with one of the continent’s largest economies gripped in the throes of a severe economic crisis.

Economy 61

Economy NOV Non-Bank Agreements 61

PYMNTS

NOVEMBER 10, 2020

Patrick Harker, president of the Federal Reserve Bank of Philadelphia, told Bloomberg on Tuesday (Nov. The economy will not grow unless we bring people up from the lower-skilled jobs into the middle class,” Harker said during an interview that will be part of Bloomberg’s Friday (Nov. The upended U.S.

Fed 87

Fed Federal Reserve NOV Small Business 87

PYMNTS

NOVEMBER 10, 2020

Lyft reported on Tuesday (Nov. million in Q2 on the heels of a major regulatory victory for the gig economy. 10) as part of its third quarter earnings results that active riders had risen to 12.5 million from 8.7

NOV 101

NOV Economy Continuity Consumer 101

PYMNTS

NOVEMBER 12, 2020

My hunch is that it will come,” Lagarde said Thursday (Nov. Lagarde said the ECB's role is to secure trust in money, and preparation for a digital euro would be necessary for the coming changes in the global economy. 12) during a virtual panel discussion hosted by the ECB, per Bloomberg. “If

Digital Currency 121

Digital Currency Central Bank Federal Reserve Money Laundering 121

PYMNTS

NOVEMBER 13, 2020

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

Economy NOV On-Demand Adjustments 60

PYMNTS

SEPTEMBER 12, 2019

The European Central Bank (ECB) is hoping to revitalize the eurozone economy with a stimulus package consisting of a lower main deposit rate and a new bond-buying program, CNBC reported on Thursday (Sept. The interest rate was slashed 10 points to negative 0.5 percent, a record low.

Economy 53

Economy Central Bank Non-Bank NOV 53

Open Banking

JANUARY 13, 2025

Over the course of the past seven years, OBL has facilitated its implementation through the Open Banking Standard and helped to foster an ecosystem worth 4 billion to the economy. PSD2 was implemented in the UK on 13 January 2018 and paved the way for open banking in the UK. million regular users of open banking-powered technology.

Economy 59

Economy Message Standards Cross-Border API 59

Fintech News

DECEMBER 4, 2023

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 117

FinTech APACS NOV Authorization 117

Open Banking Excellence

JULY 9, 2024

In my conversations with Open Banking Excellence, it is clear to me that by sharing the Kazakh experience and journey with regulators and the like, we can learn from each other to promote the digital economies of all of our countries. Regulator-led Pilot Focused on Open API Infrastructure Our pilot launched on Nov.

API 147

API Payment APIs and Integration Participant Regulations 147

PYMNTS

DECEMBER 1, 2019

In an effort to expand access to financial institutions (FIs), the Central Bank of Nigeria is planning to license more payment providers, Bloomberg reported on Saturday (Nov. Regardless of the recession Nigeria experienced, the governor said that the country’s economy remained the largest in Africa by GDP.

Financial Inclusion 101

Financial Inclusion Central Bank FinTech Mobile Banking 101

PYMNTS

NOVEMBER 25, 2019

People’s Bank Of China ran a report — its 2019 China Financial Stability Report, published on Monday (Nov. Adding to the concern is the fact that China’s economy has slowed to its lowest point in about 30 years, as well as the protracted trade war with the U.S. .

Risk 96

Risk Central Bank NOV Economy 96

PYMNTS

DECEMBER 1, 2020

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

Bitcoin Money Laundering NOV Cryptocurrency 80

PYMNTS

NOVEMBER 18, 2020

One of the nation’s most powerful bankers lashed out at Congress on Wednesday (Nov. Morgan Chase bank chief, any stimulus package Congress passes should be designed to tide over the country’s economy until mid-2021, when new coronavirus vaccines may finally become available to the wider public. In the view of the J.P.

NOV 113

NOV Economy Governance Government 113

PYMNTS

NOVEMBER 16, 2020

President-elect Joe Biden called a conversation with business and labor leaders “encouraging” at a press conference following a Monday (Nov. 16) call, noting that all agreed that they wanted to get the economy back on track. “We The development came as the world got news on Nov. We’re going into a very dark winter.

NOV 74

NOV Economy Research Product 74

PYMNTS

NOVEMBER 11, 2020

Fintech Partner Connect will “support new ways for businesses and consumers to seamlessly and securely pay, get paid, send money and more,” a spokesperson for the credit card and financial services giant said in an email announcing the new program on Visa on Wednesday (Nov.

FinTech 110

FinTech Credit Risk Small Business NOV 110

PYMNTS

NOVEMBER 20, 2020

Morgan economists said in a new forecast, CNBC reported Friday (Nov. This winter will be grim, and we believe the economy will contract again in 1Q," the economists wrote. “We The projection goes against earlier Wall Street forecasts that largely believed the first quarter of 2021 would be the start of a bouncing-back economy.

Economy 78

Economy NOV Returns Continuity 78

PYMNTS

DECEMBER 3, 2020

The survey, which was conducted Nov. economy gained a reported 2.5 The survey aims to collect data and glean insights about American households amid the global pandemic. Data will be disseminated in near-real-time to assist government agencies with recovery planning. But Senate Majority Leader Mitch McConnell (R-Ky.) percent from 14.7

Near Real-Time 97

Near Real-Time NOV Origination Economy 97

PYMNTS

NOVEMBER 3, 2020

Folksam shared client data with Facebook, Google, Microsoft, LinkedIn and Adobe, the Swedish company said in a statement on Tuesday (Nov. Cyber risks have not gone away with the unfortunate, unforeseen risks we’ve faced with COVID and other uncertainties in our economy,” he said.

Data Breach 102

Data Breach Breach Cybersecurity NOV 102

PYMNTS

NOVEMBER 16, 2020

Tentatively called Rakuten DX, the new unit will launch schemes for digital transformation at retailers’ physical shops, Rakuten said in a statement on Monday (Nov. as well as Europe and other parts of the world, experts mulled if the digital-first economy could end up becoming the digital-only economy.

NOV 86

NOV Economy On-Demand Facilitators 86

Finextra

JUNE 10, 2025

1 Like Report Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData, Author 13 June 2025 Thank you, Viacheslav. This vision finally links digital identity, trust infrastructure, and intelligent automation into one coherent future. You crystallize it perfectly. Crystallised.

52

52

PYMNTS

NOVEMBER 7, 2019

Gig economy platform Upwork plans to focus more on larger companies in the coming months, as the company seeks to increase its market share in the fast-growing world of matching freelance labor with employers via digital technology. That news came as Upwork announced its Q3 2019 earnings results on Thursday (Nov.

Economy 40

Economy NOV Small Business Acquirers 40

PYMNTS

NOVEMBER 10, 2016

economy, but another sign its role in the economy is diminishing comes from the Labor Department, which showed job gains from startups are at the lowest level in the past 20 years. economy began, job gains have stayed around 1.1 Often, their technology prowess leads to productivity gains across the economy. percent and 1.3

Economy 61

Economy NOV Product Innovation 61

Finextra

JUNE 13, 2025

171 Report Share Channels /security /payments Comments: (0) Sign in to comment James Richardson Global Head of Solutions Bottomline Member since 09 Nov 2012 Location London Followers 0 Following 0 Opinions 2 Follow Unfollow Getting banks ISO 20022 ready – are you prepared? It expresses the views and opinions of the author.

Data Security 52

Data Security Payments Data Security ISO 20022 52

Finextra

JUNE 5, 2025

By focusing on credentials, enabling public sector participation, and supporting a flexible trust framework, the initiative can unlock new opportunities for businesses to thrive in the digital economy, where authorisations and transaction outputs are not just documents, but dynamic, verifiable instruments of automation and trust.

Credential 52

Credential Payment APIs and Integration Authorization Issuers 52

PYMNTS

NOVEMBER 12, 2020

Another 709,000 Americans filed for first-time unemployment benefits the week ending Nov. The previous week's revised level added 6,000 to hit 757,000, according to the weekly Bureau of Labor Statistics report released on Thursday (Nov. Another 298,154 people filed for Pandemic Unemployment Assistance in the week ending Nov.

NOV 59

NOV Economy Finance Continuity 59

PYMNTS

DECEMBER 1, 2020

China is forecast to be the first major economy to recover from the global pandemic recession, with Europe lagging behind, according to the Organization for Economic Cooperation and Development (OECD). On the flip side, Argentina is expected to fare the worst of the large economies, with its gross domestic product (GDP) tumbling 7.9

Economy 72

Economy NOV SWIFT Product 72

PYMNTS

NOVEMBER 19, 2020

Codat , the financial API provider, is working with Visa to offer more comprehensive data on small to medium-sized businesses (SMBs) for European banks, Codat announced in a Wednesday (Nov. Amex Study: Social Media Shout-Outs Could Pump $197B Into SMB Economy. SMB economy. 18) press release. 18) press release.

B2B 65

B2B Visa Commercial Card NOV 65

PYMNTS

NOVEMBER 4, 2020

LendingClub , the country’s top provider of personal loans, said in earnings results Wednesday (Nov. But from a macroeconomic standpoint, LendingClub said that while borrowers remain resilient, the pandemic continues to have a negative impact on the economy. All in, LendingClub reported a Q3 net loss of $34.3

Volume 111

Volume On-Demand NOV Continuity 111

PYMNTS

NOVEMBER 11, 2016

say they are not always adequately serviced with the advice provided by their banks, reports said Thursday (Nov. Researchers declared this was a serious threat to the nation’s economy. economy,” Close Brothers’ report concluded. The firm released new data this week that found 80 percent of SMEs in the U.K.

Small Business 73

Small Business Finance Economy NOV 73

PYMNTS

NOVEMBER 5, 2020

The Federal Reserve ’s Thursday (Nov. economy amid the pandemic. Overall financial conditions remain accommodative, in part reflecting policy measures to support the economy and the flow of credit to U.S. The path of the economy will depend significantly on the course of the virus,” the statement read.

Fed 65

Fed Federal Reserve Economy On-Demand 65