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Flywire Raises $120M, Acquires Simplee Healthcare Tech Startup

PYMNTS

Tiger Global Management and Adage Capital Management also joined the round as new investors, with participation from existing investors. percent from 2019-2028 and is expected to comprise a $2.5 trillion industry by 2028, according to Boston Consulting Group. It is estimated that U.S.

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How Federal Debt May Impact Banking

South State Correspondent

Secular changes occur over many business cycles, tend to be slow-moving, and are more difficult to manage with business strategy. However, because bank capital has an average expected life of 15 to 20 years, bank managers must gauge and react to secular changes that will impact their business model.

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The Gig Economy Gets Ready To Scale

PYMNTS

As is the case today, albeit on a far smaller scale, the market crash of 2008 left millions unemployed and scrambling. New laws like California’s Assembly Bill 5 (AB5) and many others have also created new compliance hurdles for companies employing gig workers that must be managed. workforce is expected to freelance by 2028.”.

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The Gig Economy Grows Up

PYMNTS

Market forces (and, some would say, unabashed corporate greed) repurposed legions of former full-timers into a virtual army of self-employed free agents. Skip ahead again to 2028, when, by the best estimates, gig workers will make up more than half of the entire U.S. workforce. In It for the Money .

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Fostering Payments Trust In A Global Freelance Economy

PYMNTS

Today, while shutdowns have led many businesses to temporarily halt non-essential spending, many in the market actually expect the expansion of the freelancing community to accelerate as a result of market volatility. talent pool by 2028. But, they said, if compensation workflows break down, trust can quickly erode.

Payments 273
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FinTech Innovation Eases B2C Sellers’ Entrance Into The B2B World

PYMNTS

It was also indicative of a growing trend of B2C merchants expanding into the B2B realm in an effort to take advantage of a surging market. According to Goldman Sachs, the B2B payments space will see volumes topping nearly $200 trillion by 2028, more than five times the volume of B2C payment flows.

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Contactless Payments Fraud – A Sleeping Lion in a Trillion-Pound Market

FICO

Today, it is the preferred choice of payment in many countries, with the contactless market set to reach a global value of US$6.25 trillion by 2028. Europe and the UK are currently leading the market. Understand the role customer communications play in fraud management. It’s not an insignificant amount. by Matt Cox.

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