Remove tag informal economy
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Deep Dive: How Digital ID Verification Helps Build Trust in Carsharing and Housesharing Platforms

PYMNTS

Sharing economy providers and workers similarly must trust that their platforms have adequately screened new users and verified their identities. Consumers want to feel safe when using sharing economy services, believe the reviews they read and trust that they will not be bilked. More than 111 million U.S.

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Ghana To Adopt West African ‘Eco’ Currency

PYMNTS

Ghana said in October that it was planning to eliminate paper from most services and transactions by next year, as it aims to become Africa’s most digitalized economy. 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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EACT SURVEY 2021

Simply Treasury

The uncertainties surrounding the economy explain the difficulty in producing reliable and accurate forecasts. The concept of on-demand treasury and real-time access to information has become a "must". Tags: Treasurers’ key priorities / Treasury-On-Demand / Real-Time treasury / Digitization. Real-time treasury.

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Ghana Government Aims To Achieve Cashless Economy

PYMNTS

Ghana says it plans to eliminate paper from most services and transactions by next year as it aims to become Africa’s most digitalized economy. The government claims that it will have “electronically tagged” every home, including informal housing in slums, via GPS by early 2020.

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PSD2 Challenges Leave Norway, Netherlands Playing Catch-Up

PYMNTS

Drivers for ridesharing app Uber — among other members of the gig economy — are requesting that the company share data with the drivers themselves. Citing GDPR, the drivers want to see the data that the company collects on them, including location information and the times they have logged in and out of the app.

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

PYMNTS

Goldman, for its part, may see impact from loan losses should the economy falter, according to Nomura on CNBC. Nomura estimates a price tag of $350 per consumer in terms of acquisition costs, which means breakeven is several years away. This may mean that Apple eventually offers a decoupled debit card.

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Deep Dive: Using AI To Solve The $4.2T Fraud Problem

PYMNTS

trillion from the worldwide economy last year, a problem that will become only larger as transfer speeds increase. . Fraud takes many shapes and forms and comes with a hefty price tag. Merchants and FIs have been turning to such solutions to help customers quickly and securely transact. The latter successfully made off with $4.2