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Neobank Joust Targets Freelancers With New App

PYMNTS

Feedback indicated that people wanted a “modern, streamlined user experience, ways to quickly visualize their finances, and manage clients, income and payments.” . and by 2027, more than 50 percent of the country’s workforce is anticipated to freelance in some manner, according to 2019 data by Upwork and the Freelancers Union.

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Neobank Joust Raises $2.6M To Improve Freelancer Payments

PYMNTS

Freelancers require credit and banking products that mirror the user experience of the consumer market but [offer] the product sophistication of the small business market,” said Dave Fields, founder and managing partner of PTB Ventures. The bank combines an FDIC-insured account and a merchant account and accepts a variety of payments.

Payments 143
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Are Mobile Payments Finally Ready To Ignite In Japan?

PYMNTS

Included in Japan’s cashless by 2027 plan is doubling the ratio of card and e-money transactions from there within the next eight years in the eventual hopes of building what Prime Minister Shinzo Abe has called a “$1tn-plus cashless market.”. Today consumers aren’t there — though more are coming on board — they still prefer cash.

Mobile 154
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Freelancer Payments Turn Traditional Payroll On Its Head

PYMNTS

That figure could rise to 50 percent, it estimates, by 2027. One of the biggest areas of focus for Toptal, he said, will be the user experience of getting paid, as well as the element of collaboration between talent and employer. working population. It’s not a U.S.-only France and the Netherlands, according to IPSE.

Payments 178