COVID-19, Government Incentives and Mandates Boost Card Acceptance
- 1 year 11 months ago
- Covid-19
Continued growth in merchant outlet and EFTPOS terminals numbers worldwide strengthens coverage of all schemes, but acceptance of the largest players differs significantly between regions 82% of payment terminals now accept contactless
Accelerated Payments Advances €750 Million to Businesses as Inflation and Energy Prices Soar After Covid
Alternative finance fintech Accelerated Payments (AP) today announced it has advanced €750 million worth of invoice financing to SMEs across the UK, Europe and North America - as companies emerge from post-covid lockdown and face new pressures to expansion such as soaring inflation and sky-high energy prices.
2 Years on From the Pandemic in Charts – What’s Changed for the Markets and Personal Finances
- 2 years 8 months ago
- Covid-19, Personal Finance
We look at 7 charts covering what’s changed for the markets and personal finances throughout the pandemic and as life returns closer to normal:
Covid-19 Speeds Up Contactless Rollout Worldwide
The pandemic will be remembered as a decisive time for contactless payments with accelerated card issuance and usage Consumers favour contactless payments during the pandemic
TIBCO and Mercedes-AMG Petronas Formula One Team Continue Winning Partnership
- 2 years 9 months ago
- Covid-19, IT Innovations
TIBCO has announced its ongoing partnership with the recently crowned eight-time FIA Formula One World Constructors’ Champions, the Mercedes-AMG Petronas Formula One Team. Over the past season, the F1 team expanded its use of TIBCO Spotfire in race simulations that influence up-to-the-minute car setup and configuration decisions. The team also expanded its use of the TIBCO Cost Visualiser Tool for detailed cost-value analysis across engineering... more
Retail Sales Bounce Back Following End of COVID-19 Restrictions
- 2 years 9 months ago
- Covid-19
Adam Hancox, director of retail at TransUnion in the UK, comments on the latest retail sales index from the Office for National Statistics:
Why a Boost for Non-bank ATM Operators is on the Cards
- 2 years 9 months ago
- Covid-19, Credit Cards
Despite a shift to cashless payments, accelerated by the COVID-19 pandemic, independent ATM deployers will see growth as banks withdraw machines IADs can provide services in areas where bank ATMs are not economically viable
Why Consumer Demand for Better Data Privacy is Escalating
- 2 years 11 months ago
- Covid-19, Security, Cybersecurity
Written by Steph Charbonneau, Senior Director of Data Security at HelpSystems
Mastercard Foundation: One Business at a Time: Building Resilience in the Face of a Pandemic
Mastercard Foundation launched the COVID-19 Recovery and Resilience Programme (CRRP) to help micro- small- medium-sized enterprises (MSMEs) to respond to and withstand the impact of pandemic
5 Risks to Watch for Financial Markets in 2022
- 2 years 11 months ago
- Covid-19
Covid contortions Price pressures China’s property woes Russia-Ukraine tensions Post-Brexit relations Susannah Streeter senior investment and markets analyst, Hargreaves Lansdown: Covid contortions
Hiring Slowed in November Amidst Omicron Variant – but 2021 is Still Record Year for the Job Market
- 2 years 11 months ago
- Covid-19
55% increase in job vacancies posted compared to pre-pandemic The North the fastest growing region in UK – representing 17% of all job vacancies posted this year Within accounting sector, tax roles increased by +30% Banking & Financial Services role up 30% on 2019 – despite Executive Management roles declining by -20% 23% increase in job vacancies within legal sector - 62% increase in job vacancies within technology – with further growth... more
Experian Finds 25 Percent Increase in Online Activity since Covid-19
- 2 years 11 months ago
- Covid-19
Consumers continue to transact online and the trend is not diminishing The pandemic-accelerated increase in digital transactions is here to stay and businesses must continue to transform their operations as they head into 2022. According to Experian’s latest Global Insights Report, there has been a 25 percent increase in online activity since Covid-19 and that number continues to hold steady.
Digitalisation and the Pandemic have Caused Large Companies to Use Commercial Payment Cards, New Report Finds
Around 10% of global card payments are commercial or corporate in nature With a projected market size of $90.4 billion in 2020, the global corporate cards market is set to experience a compound annual growth rate of 18.9% between 2020 and 2025 Virtual cards will continue on their strong growth vector and, with increasing recognition of the working capital benefits that the payment vehicle provides, should continue to grow long term at a 30%... more
Business Financial Solutions in this Time of Pandemic
The pandemic had negatively impacted businesses worldwide. Sources of revenues became scarce due to lockdowns declared by governments. Vice President Kamala Harris and Harvard University both stated that about a third of the United States’ small businesses have closed down because of COVID-19.
Multi-currency and FX “business-critical” for 94% of Fintechs post-pandemic
New insights from ClearBank demonstrate industry demand for accessible and competitive multi-currency offering
