Remove tag economic activity
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Super Apps Rising: Mobile Drives Digital Payments Uptick In Pakistan

PYMNTS

The conversation came against the backdrop where i2c announced a partnership with TAG, to launch a super app that provides instant payments capability to Pakistan’s unbanked adult population, which at present numbers about 100 million individuals. The traditional bank model is appealing to the higher economic strata.

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Ghana To Adopt West African ‘Eco’ Currency

PYMNTS

Ghana is not part of the West African Economic and Monetary Union (UEMOA), which is largely comprised of former French colonies. The government has claimed that it will have “electronically tagged” every home, including informal housing in slums, via GPS by early 2020.

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Why Consumers Embrace Life Lived Digitally ? And 23 Pct Will Leave Offline Behind

PYMNTS

Stimulus checks are being saved, not spent, as the future economic uncertainty looms. Economists warn about the overall risks to the economy if consumers don’t get out and resume their normal activities, but wary consumers are putting their personal health before anything, and have found new digital outlets to live their lives in lockdown.

Retail 73
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PodChats for FutureCFO: Why CFOs need to drive ESG initiatives

Future CFO

Big price tags and longer timelines. Every role in an organisation requires some understanding of the issues at hand, a willingness to actively participate in shaping the direction, and the determination to see the outcomes. Countries that have lagged because they've been in firefighting mode against the economic consequences of COVID.

CFO 98
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Analyst: Apple Card Acquisition Costs Estimated At $350 Per Cardholder

PYMNTS

The Apple Card looms, with a rollout that began last week through Goldman Sachs, and according to at least one analysis, the card might underwhelm consumers, lead to muted results (at least at the outset) for its tech and banking backers, and for Goldman, even lead to losses, depending on the economic climate.

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LendingClub and Morgan Stanley, A Tale of Two Bank Deals

PYMNTS

The stories come with significantly different price tags: $185 million and $13 billion. The low-hanging fruit is for LendingClub to hold 10 percent of originations on its balance sheet, which, in turn, should bring in $40 million of economic profit for every $1 billion of loans held on the balance sheet, the company said.

Banking 97
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Olympics Delay Will Spark Race To Recoup Sunk Costs

PYMNTS

Economists, reported AFP, have said that the country, already reeling from a declining economy, will see further economic pain. That price tag would be divvied up between Tokyo, the aforementioned organizing committee and the central government. The biggest impacts might be seen for leisure and tourism activities. billion USD.