gig economy

Study Finds Instant Payments Strengthen Vendor Relationships in 5 Key Industries
Study Finds Instant Payments Strengthen Vendor Relationships in 5 Key Industries
April 10, 2025  |  Money Mobility

With large U.S. enterprises facing demands from vendors, suppliers and contractors to make immediate payments, having ways to disburse funds instantly has become a strategic...

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The Urgent Economy: How Instant Payments Are Changing Vendor Relationships
The Urgent Economy: How Instant Payments Are Changing Vendor Relationships
April 09, 2025  |  Real-Time Payments

In today’s fast-paced world, waiting days for a payment to clear can feel like an eternity. That’s why instant payments are in demand, giving businesses...

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Uber and DoorDash Hope to Hitch Ride With GOP Tip Law
Uber and DoorDash Hope to Hitch Ride With GOP Tip Law
March 30, 2025  |  Gig Economy

President Donald Trump wants to remove taxes on workers’ tips. Republican lawmakers want to turn that campaign trail proposal into concrete legislation. And Uber and...

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Shift to Gig Economy Evident as Labor Market Cools With Muted Wage Gains
Shift to Gig Economy Evident as Labor Market Cools With Muted Wage Gains
March 07, 2025  |  Economy

Even before the pandemic, PYMNTS noted that 32% of workers participated in the gig economy in some way, either to supplement their incomes, or to...

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Fiserv Finalizes Payfare Purchase to Boost Embedded Finance Offerings
Fiserv Finalizes Payfare Purchase to Boost Embedded Finance Offerings
March 03, 2025  |  Acquisitions

Payments and financial services tech firm Fiserv finalized its purchase of Payfare. The completed deal makes the founders and employees of earned wage access (EWA)...

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Gig Economy Revenue Gets Traction From Subscription Model
Gig Economy Revenue Gets Traction From Subscription Model
February 19, 2025  |  Earnings

Fiverr’s fourth-quarter earnings results, released Wednesday (Feb. 19), showed traction in the company’s services business, which includes subscription-based revenues, cementing freelancers’ relationships with buyers over...

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45% of Non-Recurring Transactions Now Use Instant Payments
45% of Non-Recurring Transactions Now Use Instant Payments
February 17, 2025  |  Payment Methods

The gig economy and gaming industries have driven a rise in ad hoc transactions, payments made outside of regular invoicing and payroll. Businesses are relying...

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Upwork: Demand for AI Talent Drove Record Revenue in 2024
Upwork: Demand for AI Talent Drove Record Revenue in 2024
February 12, 2025  |  Gig Economy

Work marketplace Upwork earned record revenue in 2024 and attributed its gains in part to artificial intelligence (AI). In an earnings release and other materials...

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72% of Workers Prefer Instant Payroll If Given Choice
72% of Workers Prefer Instant Payroll If Given Choice
January 22, 2025  |  Payroll

As criticism of traditional biweekly and monthly payroll systems increases, workers in gig, freelance and contract roles are more vocal about the financial strain caused...

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