Mastercard Launches Early Pay For Gig Workers | Lime Taps PayPal’s Hyperwallet For Global Payouts | Marcus Defends Libra To House Fin Serv Committee

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Mastercard launches early pay for gig workers, Lime taps PayPal for global payouts, Marcus defends Libra to House Financial Services

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TODAY'S NEWS | OPINION | INDEXESTRACKERSPYMNTS LIVE

July 10, 2019

Digital Identity Tracker™

Facebook’s Libra And The Future Of Digital Identity

Somewhat lost in the post-Facebook’s Libra announcement is the impact of Libra and Calibra on the social network’s ability to protect users’ digital identities. In this month’s Digital Identity Tracker, Wayne Vaughan, co-founder of the Decentralized Identity Foundation, discusses how Libra could potentially put users’ digital identities at risk, and why a combination of regulation and a stringent certification and audit process would be key to keeping users secure.

 

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Payment Solutions

DocuSign And GoCardless Team To Reduce Global B2B Subscription Friction

Reducing churn and the total cost of payments acceptance is a challenge for recurring payments of all stripes, particularly so when payments are going cross-border. GoCardless General Manager Pranav Sood tells PYMNTS how their partnership with DocuSign provides account-to-account options for their business customers.

 

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Gig Economy Payments

Lime Taps PayPal’s Hyperwallet For Global Payouts

PayPal’s Hyperwallet is facilitating payments to Lime’s scooter “juicer” force — today announcing the offering of a range of payout options globally for the scooter rental platform. Brent Warrington, Hyperwallet's GM, tells Karen Webster why paying freelancers to charge scooters — in the ways they want — shows why the gig economy, aided by online platforms, has gained ground and is here to stay.

 

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 Breaking News

Mastercard Launches Early Pay Option For Gig Workers

Paying gig workers instantly for services performed is no longer enough. Early is the new instant in the gig economy, and Mastercard’s new push to card payment option gives gig workers a new way to ease the financial stress between their gig paychecks. Mastercard’s Senior Vice President of Digital Payments Silvana Hernandez tells Karen Webster how it all works.

 

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 Mobile Card Services Playbook™

Report: Minding The Mobile Card Services Interest Vs. Usage Gap

Eight in 10 consumers say they want text alerts when purchases are made on their cards, particularly those they share with their kids. And can you blame them? Yet few use them. We asked consumers why not — and used those findings to help FIs mind the Mobile Card Services usage gap in the latest MCS Playbook: Driving MCS Usage Edition.

 

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What's Hot

Facebook’s Marcus Defends Libra To House Financial Services Chair

UK Regulator Readies $123M Fine For Marriott Over GDPR Violations

Big Tech Firms To Appear Before House Antitrust Subcommittee On July 16

Bill.com Sees Global Transaction Growth Top 135 Pct

Groupon Does Card Linked Deal With Prodege

Facebook Targets Video Content Producers With Payment Incentives

Bolt Lands $68M To Create ‘One-Stop Checkout Software’

NiYO, India’s ‘Neo-Bank’ For Employees, Raises $35M

IBM Closes On Red Hat Acquisition

Bitcoin Daily: North Carolina Looks To Blockchain For Economic Boost; S. Korea's LG To Use Blockchain For School Lunch Supply Chain

Best Of Yesterday 

Report: The Reason High-Margin Companies Pay SMB Suppliers Late

What Really Drives Small Vendors’ mPOS Picks

 

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