Attracting top talent requires keeping your gig workers engaged and motivated to deliver the best quality work possible. Ensuring timely, accurate and consistent payments is one of the pillars to retaining exceptional gig workers, especially in today’s competitive business environment. With more full-time employees switching over to independent contractor positions delivering on-demand work since the … Continued
Businesses must diligently keep track of all the money inflows and outflows on a day-to-day basis; a time-intensive and complex cycle of monitoring and budgeting. The traditional accounting strategies no longer deliver the efficiency and security needed, a reason why many businesses are looking to digitize their core finance functions. 57 percent of treasurers looking … Continued
Cryptocurrency is a fast-growing topic of conversation in today’s financial and digital world. The crypto market, with almost $2 trillion in circulation, is now taking the shape of a service platform to support rising transaction volume. In simple terms, crypto-as-a-service means providing the digital infrastructure to businesses necessary for cryptocurrency transaction/trading (buying, selling, or investing) … Continued
The pandemic has significantly changed the way we look at things, and the way businesses view customer acquisition and retention is no exception. Across the world many companies closed stores, suffered tremendous financial losses, and a large chunk of the workforce was left unemployed due to government enforced lockdowns. With this wave of shutdowns, the … Continued
Living in a digital economy, the shift away from conventional payment solutions is a change that businesses today can use to their advantage. From quick payments, reduced operating costs, and improved transparency, keeping track of money is no longer the complex process it once used to be (hint: if the right technology is used). This … Continued
If the world of payments has taught us one thing, it’s that keeping up with the changes holds the power to keep both customers and business partners satisfied. As more companies are exploring the potential of integrating financial services into their internal (suppliers) and external (customer) payment journeys, the world of “embedded finance” is taking … Continued
Over the last decade real-time payments have risen to become a vital component of the global gig economy, transforming the speed with which money can be moved between employers and freelancers, delivery agents, cab drivers and others. This underpins the versatility that is the gig economy’s biggest advantage, allowing gig workers to be paid at … Continued
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
Published Aug 24, 2021 Online travel agents (OTAs) face many challenges – economic uncertainty, geopolitical fluctuations, airline strikes and climate issues are just some of the things that can hit their profit margins. Needless to say, the impact of Covid-19 is the biggest risk at the moment. While these challenges are not within the control of … Continued
Published Sep 1, 2021 Payment systems are often described as ‘rails’, which means platforms or networks that facilitate the movement of money between payers and payees. When a payment is initiated, and it’s not a simple cash transfer, the transaction will be completed via a complex flow of information between different payment parties. Rapid advances in … Continued