PYMNTS

OCTOBER 7, 2020

The COVID-19 pandemic is accelerating a rise in global extreme poverty, the first time there has been an uptick since before 2000, the World Bank said on Wednesday (Oct. percent of the world’s population, according to the World Bank biennial Poverty and Shared Prosperity Report. The pandemic and global recession may cause over 1.4%

Groups 220

Groups Meeting Capital Innovation 220

PYMNTS

OCTOBER 5, 2020

International business leaders are calling for urgent action to counter “elevated” downside risks from a global economy that is in its “worst state in a century.”. The group warned that the leaders of the world’s top economies will need to take meaningful action at the summit.

Groups 141

Groups Meeting Fintech Operations 141

PYMNTS

OCTOBER 18, 2020

China says it has the COVID-19 pandemic under control and will see its economy boosted by around 2 percent, according to Reuters. The Chinese economy remains resilient with great potential. Continued recovery is anticipated, which will benefit the global recovery.”. In the second quarter , China’s economy saw a 3.2

Policies 159

Policies Data Marketing Report 159

PYMNTS

SEPTEMBER 21, 2020

Global stocks were tumultuous on Monday (Sept. 21) as fears of another drop due to more pandemic lockdowns surfaced, the Financial Times (FT) reported. amid a rash of new coronavirus infections in the country. stocks, FT reported. The lockdowns in question are being considered right now by the U.K.

Policies 261

Policies Report Meeting Capital 261

PYMNTS

OCTOBER 26, 2020

The faster spread this fall of COVID-19 in Europe compared to the spread in the United States during the same period has left Europe's economy sputtering even as the U.S. economy continues to come back to life, according to new data cited by The Wall Street Journal (WSJ). in September, WSJ reported. in September, WSJ reported.

United States 161

United States US Michigan Groups 161

PYMNTS

SEPTEMBER 8, 2020

Digital payments platform Payoneer is working to expand its services globally with the launch of its new Payoneer for Banks, which will aim to let more financial institutions aid businesses with cross-border payments, according to a Tuesday (Sept. 8) press release.

Payments 214

Payments Fraud Report Innovation 214

PYMNTS

APRIL 8, 2020

percent of working hours across the globe in the second quarter, or the equivalent to 195 million full-time workers’ full weeks, according to the United Nations, CNBC reported. Virus cases have risen six-fold since the first report, with more than 1.5 The ILO said 38 percent of people, or 1.25 The ILO’s solution?

National 188

National Policies Report Retail 188

PYMNTS

MAY 19, 2020

The pandemic has spurred any number of efforts across various countries to restart economies as they emerge from lockdown. Last week, Prime Minister Narendra Modi said India’s consumers should be “vocal about local” goods and brands, and should consider buying items made within the country.

Branding 215

Branding Report Examples Marketing 215

PYMNTS

MARCH 28, 2019

Citi and the Imperial College Business School have released the latest Digital Money Index, a report that tracks 84 countries and their digital money readiness, Citi said in a news release. The report concluded that there’s been a 5.5 percent improvement in the digital money readiness for all countries tracked.

Report 158

Report Case Study Study Policies 158

PYMNTS

JULY 24, 2020

The July Payments Powering the Platform Economy Report examines how international eCommerce platforms work to create transaction experiences that are compelling and secure for users in each market they serve. The collaboration is expected to give Visa’s global merchant and card network access to M-Pesa’s financial services network.

Compliance 152

Compliance Report Payments Security 152

PYMNTS

JUNE 7, 2020

Cheese , the popular food and games chain, is talking to investors about ways to raise money to avoid filing for bankruptcy, The Wall Street Journal reports. The chain has also approached lenders in the past few weeks to feel out possible interest in a $200 million loan to help pay for a stay in bankruptcy, a source said, as reported by WSJ.

Payments 267

Payments America Report Capital 267

PYMNTS

JULY 19, 2020

Rajnish Kumar, chairman of the State Bank of India , the country’s largest lender, said the resurgence of the coronavirus jeopardizes reform of the financial system, the Financial Times (FT) reported. “If Among the problems is a history of bad lending decisions and poor governance, the newspaper reported.

Taxes 204

Taxes System Mobile Analysis 204

PYMNTS

AUGUST 12, 2020

It’s been a rough few months,” Richard Swart , global sales and quality director at Berger Global, a Durham, England-based unit of Ringmetall AG, the German manufacturer for the packaging industry, told the WSJ. s sinking economy is the region depends on activities that require personal contact. especially hard.

Regional 178

Regional National Industry Report 178

PYMNTS

DECEMBER 23, 2020

The freelance economy is witnessing rapid growth in participation worldwide. One recent report found that 57 million freelancers are expected to operate in the U.S. in 2021, while additional research reveals that ad hoc workers already contribute $1 trillion to the nation’s economy. Thirteen percent of U.K.

Payments 270

Payments Study Examples Report 270

PYMNTS

JANUARY 22, 2021

Amazon is planning to hike fees for Spanish companies using its platform by 3 percent from April, according to a Reuters report, since the country's government imposed a new digital tax. According to the spokesperson, Amazon "advocates a global approach" instead of more taxes by individual governments.

Taxes 151

Taxes Company Google Apple 151

PYMNTS

DECEMBER 14, 2020

A flurry of weekend cyberattacks on some of the most highly guarded digital assets on earth has again exposed the vulnerabilities inherent in our increasingly digitized global economy. At the same time, the influential NGO said cyberattacks were the second most concerning risk for doing business globally over the next 10 years.

Google 192

Google Security Washington Risk Management 192

PYMNTS

APRIL 14, 2020

The organization warned that the possibility of a sustained and acute slump will test firms, even though banks have amassed formidable liquidity and capital buffers while having successful stress tests as of the financial crisis of 2007 to 2009, Reuters reported. The worldwide economy is predicted to slump 3 percent this year.

System 150

System Marketing America Capital 150

PYMNTS

DECEMBER 23, 2020

businesses and individuals to avoid storing data with Chinese companies due to the risk the country's government will demand and receive access to commercially valuable information. economy and businesses at direct risk for exploitation. The federal Department of Homeland Security is urging U.S. government and U.S. businesses.

Data 189

Data US Exercises Security 189

PYMNTS

FEBRUARY 28, 2019

As the sharing economy grows globally, fostering that confidence and trust between buyers and sellers has become more crucial for platforms to stay relevant and competitive. Around the Payments and Platform Economy World. Further east, Airbnb is taking off in South Korea, with a reported 2.9

Payments 183

Payments User Experience Training Case Study 183

PYMNTS

DECEMBER 9, 2020

economy will rebound quickly once COVID-19 vaccines can reach wide swathes of the country. The public offering could reportedly come out in 2021, according to sources in a published report who noted that the precise timing would subject to market conditions. Plus, Wells Fargo’s CEO believes the U.S. Robinhood was valued at $11.7

Marketing 159

Marketing Tools Conference Fintech 159

PYMNTS

JUNE 3, 2020

India, looking to attract more global investments in the manufacture of mobile phones, is offering financial incentives and a wealth of plug-and-play facilities, Bloomberg reports. There will be ready-to-use facilities for electronic manufacturing clusters available to those companies as well, Bloomberg reports.

Conference 131

Conference Mobile Technology Examples 131

PYMNTS

JANUARY 20, 2020

The International Monetary Fund (IMF) has slashed its forecasts for growth of the global economy, calling it sluggish, and said there isn’t any sign on the horizon that things are going to turn around, according to a report by CNBC. The projected recovery for global growth remains uncertain. percent this year. .

Washington 131

Washington Policies National Marketing 131

PYMNTS

MAY 3, 2020

China is experiencing a return to normal as travelers head to tourist locations after the country reopened following the global coronavirus pandemic, according to a report by the Financial Times (FT). The increase is an indication that China’s economy is rebounding following the coronavirus pandemic.

New York 150

New York Capital Report Retail 150

PYMNTS

APRIL 7, 2020

The global coronavirus pandemic has cast a dark cloud over Finland’s economy, as the central bank predicts the worst recession in over 100 years, according to a Bloomberg report. Finland’s economy has been flat since mid-March due to the pandemic. The country closed its borders, along with schools, restaurants and bars.

Data 150

Data Report 150

PYMNTS

NOVEMBER 19, 2020

Edi Poloniato , global head of working capital solutions at Kyriba, added that dynamic discounts were becoming a strong solution for finance leaders looking to optimize liquidity. The service will allow large buyers with excessive liquidity to offer suppliers advance payments of invoices, with discounts on the already-agreed-upon prices.

User Experience 219

User Experience Capital Management Fintech 219

PYMNTS

APRIL 1, 2020

Spending at darknet markets declined during the past two months even with a drop in the price of the digital currency, per Chainalysis data, as the coronavirus pandemic has impacted every part of the global economy, CoinDesk reported. purchasers in the future,” per the report. The claim, however, did not move the judge.

Bitcoin 124

Bitcoin ATM New York cryptocurrency 124

PYMNTS

MARCH 6, 2020

The Global System for Mobile Communications (GSMA) released a report that said 5G telecommunications technology will contribute $2.2 trillion to the worldwide economy between the years 2024 and 2034, according to a report by TechRepublic. In 2019, total mobile revenue was $1 trillion.

Report 138

Report Mobile Analytics America 138

PYMNTS

SEPTEMBER 22, 2020

As reported by Bloomberg on Tuesday (Sept. 22), Boston Consulting Group has estimated that that demand for luxury items could underpin a spending boost on the order of 30 percent as the Chinese economy rebounds. among them – continue to feel the economic impacts of the lingering coronavirus, and as economies reopen in fitful fashion.

Retail 169

Retail Boston Groups Regional 169

PYMNTS

FEBRUARY 1, 2021

The global payments ecosystem is still in flux after a year of rapid changes caused by the pandemic, and instant payments are becoming more intriguing to consumers around the globe. The same PYMNTS report found that 53 percent of consumers are either only “slightly” familiar or “not at all” familiar with instant payment solutions, in fact.

Payments 246

Payments Regional Study Examples 246

PYMNTS

JULY 19, 2020

As a result, thoughts of a recovery anytime soon have been put on hold, The Wall Street Journal (WSJ) reported. “We On Friday, Pret A Manger reported an 87 percent drop in U.S. sales and revealed plans to close nearly 20 stores, WSJ reported. economy won’t be an easy one. Other businesses have been able to pivot.

Company 175

Company US Philadelphia New York 175

PYMNTS

NOVEMBER 8, 2020

According to the release, Ripple chose DIFC for its “innovative regulations, expansive network and reputation as a leading global financial centre,” according to the release, with the two companies “aligned” in their visions for the future. 5 meeting, in which Powell said again that the resources to support the economy weren't expended yet.

Bitcoin 155

Bitcoin blockchain Fraud Conference 155

PYMNTS

NOVEMBER 23, 2020

It has been extremely humbling to experience the growth we’ve seen at Sleek over the last three years, even more so amidst the global pandemic, which has been a growth catalyst for fully digital players like us,” said Julien Labruyere , CEO of the FinTech Sleek. Singapore itself has a growing economy, with 1.4

Fintech 151

Fintech Taxes Compliance Capital 151

PYMNTS

JULY 28, 2020

The European Central Bank (ECB) is warning its members could face more challenges if the economic crisis deepens, CNBC reported. In contrast to the global financial crisis, European Union (EU) lenders are part of the solution to the ongoing shock, he added. percent and 12.6 percent. “The percent this year.

Capital 142

Capital Compliance Report Management 142

PYMNTS

MARCH 1, 2020

The coronavirus has had a crippling effect on the global tourism economy, hobbling the would-be powerful spending from Chinese tourists. Experts say it could be years before the world’s economy fully bounces back.

San Francisco 174

San Francisco Taxes Apple Conference 174

PYMNTS

JULY 1, 2020

The tourism sector in the United States will take the biggest hit of any country in the world from COVID-19, with China a distant second, a new United Nations study finds. On a global scale, a four-month tourism shutdown could wipe out $1.2 percent of global GDP, if the lockdown lasts an entire year, the UN report finds.

National 169

National United States Study Conference 169

PYMNTS

FEBRUARY 26, 2020

With the coronavirus causing a drop in global and domestic aviation travel, U.K. travel food firm SSP cautioned about a 50 percent drop in February sales in the Asia Pacific region, Reuters reported. SSP indicated that both domestic and global air passenger numbers in China were down 90 percent from a year prior.

National 150

National Training Report Regional 150

PYMNTS

JANUARY 19, 2021

and will encompass domestic and global money transfers, money orders and bill payments. IMF Head Calls For Resources To Help Indebted Countries. The official has been vocal in advocating for a new allocation of the fund’s own currency — Special Drawing Rights (SDRs) — to advance a transition to a digital and green economy.

US 133

US Payments Resources National 133