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) provider Payfare part of the Fiserv team, according to a Monday (March 3) press release. “This acquisition complements Fiserv’s existing...
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 several months. However, a muted macro environment persists, as noted during an earnings call, seemingly trumping better-than-expected guidance. A shareholder...
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 on instant payments to streamline these transactions, which involve contractors, consumers and small businesses. According to a PYMNTS Intelligence report,...
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 issued Wednesday (Feb. 12), the company highlighted AI innovations it added to its marketplace platform and AI talent the platform...
February 17, 2025
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 on instant payments to streamline these transactions, which involve contractors, consumers and small businesses. According to a PYMNTS Intelligence report, “Gigs and Games: How Instant Payments Are Gaining Ground for […]
January 22, 2025
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 by delayed payments. This has...
October 25, 2024
As we head into the fourth quarter of arguably the most innovative year in payments since the pandemic, the liberation of capital is emerging as the story of the year....
September 05, 2024
Fraudsters, like consumers, love a good deal. And the gig economy, estimated to be worth half a trillion dollars in 2023 and employing 38% of the U.S. workforce, is becoming...
March 03, 2025
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) provider Payfare part of the Fiserv team, according to a Monday (March 3) press release. “This acquisition complements Fiserv’s existing embedded financial solutions with card program management and a white-label […]
February 12, 2025
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 issued Wednesday (Feb. 12), the...
January 14, 2025
Gig workers and other independent contractors can take collective action seeking better compensation and job conditions without being challenged by the Federal Trade Commission (FTC), the regulator said Tuesday (Jan....
January 07, 2025
The Federal Trade Commission (FTC) and the New York attorney general aim to require gig economy platform Handy Technologies, which currently does business as Angi Services, to pay $2.95 million...
