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Published Sep 24, 2021 The growing gig economy generates £1.9 trillion worth of transactions every year – but with expansion, new challenges have begun to arise. Amongst them are these three key hurdles, which will businesses have to overcome to make their gig economy strategy successful. 1. High cr
Published Sep 8, 2021 Most valuable feature of the gig economy is the short-term commitment to employer and employee relationship – but this feature also creates challenges for employers/businesses. can hurt businesses by eroding company culture, removing valuable experience and delivering inconsis
The growth of online payments and digital commerce has led to the widespread adoption of virtual cards, a trend accelerated by COVID-19 and the increase in card-not-present payments. As a convenient and secure form of digital payment, virtual cards have much to offer both private users and businesse
Published Sep 13, 2021 Online travel agents (OTAs) operate on thin profit margins and must optimise their operations to protect and grow their businesses. One way is through payments, as inefficient payments systems can be costly and jeopardise customer experience – both of which will damage the bot
Published Oct 6, 2021 Being able to timely raise invoices and receive payments are the cornerstone of any successful business. Digital transformation and rapidly growing e-commerce have ushered enterprises into a new era where cash flow stability for speedy products and services restocking, and reve
Published Sep 27, 2021 Payment networks are going through a transformation; the growth in cross-border sales is driving a surge in global payments to keep up with the demands of the modern economy. A global payment footprint not only helps businesses unlock new revenue opportunities but also deliver
Published Oct 7, 2021 This excerpt is part of a longer Aite-Novarica Group syndicated research report and is provided compliments of Nium. Introduction Fintech startups have been successfully cutting into legacy players’ turf for more than a decade at this point. One reason for this success is finte
The future of finance is embedded, but what does that mean? Embedded finance is when a non-financial company integrates financial services into their customer engagement platform. Since the pandemic, many retailers have already made the shift to opening online stores as buyers want to shop from the
Travel and tourism were among the sectors hardest hit by Covid-19. The 65.9% annual fall in air passenger traffic in 2020 reported by the International Air Transport Association (IATA) was the biggest decline in aviation history, and no form of transport or travel has gone unscathed. The result: onl
Latin America is one of the world’s most promising markets when it comes to digital payments. Despite an under-developed banking system, the countries in this region have one of the highest smartphone adoption rates. Availability of technology and growing mobile penetration pose a robust opportunity
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