Tag : Economic Recovery

Business-growth-stunted-by-manual-tasks,-Tipalti-study-finds
Finance Fintech News

Business growth stunted by manual tasks, Tipalti study finds

PR Newswire
by PR Newswire0
Finance leaders say increasing manual processes are impeding economic recovery, but are reluctant to automate Tipalti, the leading global finance automation company, today reveals the majority of finance leaders (82%) admit that excessive manual finance processes are hindering their organization’s growth plans for the year ahead—with two-thirds (66%) saying that......
Travel Expenditure Grows 165%; OTT Expenditure Grows 80% During Festive Season: PayU Insights Report
Digital Payments News

Travel Expenditure Grows 165%; OTT Expenditure Grows 80% During Festive Season: PayU Insights Report

Fintech News Desk
by Fintech News Desk0
Credit Repayment via UPI mode sees 251% growth in expenditure and 172% growth in transactions PayU unveiled its Insights Report – Festive edition which compares digital payment transaction trends on the PayU platform between the festive seasons of 2021 and 2022. 2022 saw a 64% increase in expenditure & 31%......
Umpqua Bank Contributes $15.5 Million to Washington's Small Business Flex Fund
Banking Fintech Funding News

Umpqua Bank Contributes $15.5 Million to Washington’s Small Business Flex Fund

Fintech News Desk
by Fintech News Desk0
This additional private-sector commitment brings the fund’s total to $85.5 million for the first-of-its-kind state small business lending program The Small Business Flex Fund announced that it has received $15.5 million in committed capital from Umpqua Bank. The Flex Fund has now raised a total of $85.5 million that will benefit small businesses and......
Visa US Spending Momentum Index Signals Continued Spending Growth
Commerce Digital Payments Economy News

Visa US Spending Momentum Index Signals Continued Spending Growth

Fintech News Desk
by Fintech News Desk0
Visa’s latest SMI reading indicates consumer spending remained solid in June Visa released the June reading of the Visa U.S. Spending Momentum Index (SMI), an economic indicator designed to be a timely gauge of the health of consumer spending. The Visa SMI delivers insight into what drives upturns and downturns......
Mastercard Foundation to Deploy $1.3 Billion in Partnership with Africa CDC to Save Lives and Livelihoods
Economy Finance News

Mastercard Foundation to Deploy $1.3 Billion in Partnership with Africa CDC to Save Lives and Livelihoods

Fintech News Desk
by Fintech News Desk0
The Mastercard Foundation has announced that it will deploy $1.3 billion over the next three years in partnership with the Africa Centres for Disease Control and Prevention (Africa CDC) to save the lives and livelihoods of millions of people in Africa and hasten the economic recovery of the continent. The Saving Lives and......
Nevada State Bank’s Annual Survey Reveals Expectation of Faster Than Average Economic Recovery
Economy News

Nevada State Bank’s Annual Survey Reveals Expectation of Faster Than Average Economic Recovery

Fintech News Desk
by Fintech News Desk0
Nevada State Bank has released the results of its eighth annual survey of small business owners and managers throughout Nevada. The survey reflects the hardship caused by COVID-19 and related responses, but also the hopeful perspective on economic recovery during the next 18 months. “Even with the economy on top of the list......
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