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The element that makes fintech go

Month: December 2021

2021: Nium’s Year in Review

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What a year.   As we wrap up 2021, we thought it was only timely to take a look back at the key milestones for the year.   2021 was a year of many ‘firsts’ for Nium:  We became the first global B2B payments unicorn from Southeast Asia, following our latest Series D funding round;  We made our first strategic acquisitions – including travel B2B payments leader, Ixaris,  and Wirecard Forex India Private Limited;  We became the first official fintech infrastructure partner of … Continued

Virtual Cards Are The Future of Travel Payments

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Payments in the travel industry are more demanding and challenging than in other verticals. Not only is travel cross-border and ever-changing, it also involves complex supply chains (and thus payment chains) spanning hotels, airlines, car rentals and a wide range of other transport and travel services. Payment times can also be lengthy, and cancellations, disruptions, … Continued

Six Key Criteria To Help OTAs Assess Payment Service Providers

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There was a time when handling business payments usually meant working with banks. But today, thanks to the growth of fintech and open banking, there are many payment service providers (PSPs) who can offer B2B and B2C solutions for all types of enterprise. Because the payments industry is highly competitive and new providers emerge every … Continued

Three Reasons To Simplify Global Gig Worker Payroll

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The global gig economy offers companies access to an ever-expanding pool of skills and knowledge. The race for this talent is intensifying in the remote work era, as more highly skilled professionals turn to independent contracting, and businesses shift their perceptions of outsourced skills and expertise. According to industry studies, the worldwide freelance market is estimated to be … Continued

Timeline: Changing Regulation In The Gig Economy

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Over the past decade the gig economy has rapidly expanded worldwide, due to increasing digital innovation, lower costs for employers, and flexibility for workers. Countries are now beginning to update their regulations in response, as they attempt to work out how to regulate a new economic sector. The biggest area of contention relates to the … Continued