U.K.-based FinTechs have banded together to help self-employed workers prove their income so they can be eligible for financial support, according to a report. The founder of FinTech 11:FS proposed that open banking technology could be used to certify lost income, and the founders of...
A gig worker in one country trying to get payment from a client in another country doesn’t sound difficult, until you actually try it. Cross-border payments and the gig economy intersect in more ways every day, and if international freelancers are keen on one topic,...
Most companies now operate at global or multimarket scales, offering their products to clients and customers around the globe via digital channels. Employment is following this trend, with gathering workers at a single office location becoming more old-fashioned by the minute. Communication channels have expanded to...
Attracting gig workers in a hot industry requires giving them on-demand payments. In fact, one survey finds that 85 percent of gig workers would take on more jobs if they were paid faster. In our latest Gig Economy Tracker, CEO Luke Marklin of moving platform...
The gig economy is rapidly becoming more attractive to more professionals worldwide: 68 percent of all gig workers joined this economy in the last five years, for example. These workers appreciate the flexibility ad hoc work brings to their schedules, but the less structured nature...
The headlines state that we are in uncertain, and in some ways, unprecedented times. The Federal Reserve has slashed rates to zero. Quantitative easing is now in place. Governments are making a concerted effort to stop the coronavirus contagion that threatens daily life and daily...
Sen. Mark Warner has written several gig companies, including Uber, Lyft, Instacart, Postmates, Grubhub and DoorDash, about financial help for workers as well as several ideas to deal with the coronavirus outbreak, according to a report. “As the United States mobilizes to respond to the...
France’s high court ruled in favor of an Uber driver who had asked that his contractual relationship with Uber be changed to an employment contract, the court said on Wednesday (March 4), per reports. The decision by the Court of Cassation could upend the gig...
Lyft and Uber are fighting back against a California legislator who voted for AB5, a law that could potentially classify drivers as full-time employees and would have serious implications for the companies, according to a report by The Wall Street Journal. Lyft has put $2...
