gig economy

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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FTC Says Antitrust Laws Don’t Apply to Gig Economy Collective Bargaining
FTC Says Antitrust Laws Don’t Apply to Gig Economy Collective Bargaining
January 14, 2025  |  Gig Economy

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),...

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Gig Economy Platform Angi Services to Settle FTC Complaint
Gig Economy Platform Angi Services to Settle FTC Complaint
January 07, 2025  |  Gig Economy

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...

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Platforms and Providers Expand With Earned Wage Access Acquisitions and Buildouts
Platforms and Providers Expand With Earned Wage Access Acquisitions and Buildouts
December 27, 2024  |  Payroll

Earned wage access (EWA) is expanding platforms, including the eCommerce and ridesharing mainstays that rely on drivers for deliveries and trips, and the FinTech providers...

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