gig economy

Nearly 40% of Gig Economy Ad Hoc Transactions Sent via Instant Payments
Nearly 40% of Gig Economy Ad Hoc Transactions Sent via Instant Payments
November 15, 2023  |  Faster Payments

Although ad hoc payments make up just 24% of accounts payable (AP) volume, they hold significant importance in various industry operations. In fact, these irregular...

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Ad Hoc Payments Represent One in Every Four Vendor Payables
Ad Hoc Payments Represent One in Every Four Vendor Payables
November 15, 2023  |  Money Mobility

Ad hoc payments are irregular payments made outside normal invoicing and payroll processes and are somewhat of a nuisance. On average, these payments account for...

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Uber Driver Claims Top Spot in Provider Rankings of Gig Platform Apps
Uber Driver Claims Top Spot in Provider Rankings of Gig Platform Apps
November 10, 2023  |  Gig Economy

Amid persistent inflation and economic uncertainty, gig work offers a way to pad our wallets and cushion our financial safety nets. With so many platforms...

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Tech-Enabled Business Solutions Drive Fiverr’s 12% Revenue Growth in Q3
Tech-Enabled Business Solutions Drive Fiverr’s 12% Revenue Growth in Q3
November 09, 2023  |  Earnings

Despite the ongoing crisis in its home turf, Israeli freelance marketplace Fiverr reported strong third-quarter performance  Thursday (Nov. 9), with company executives highlighting the stabilization of cohorts in...

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Upwork Taps AI to Enhance Platform as Zillennials Avoid Gig Work
Upwork Taps AI to Enhance Platform as Zillennials Avoid Gig Work
November 08, 2023  |  Earnings

Work marketplace Upwork says it has made significant strides in its goal to establish itself as the go-to platform for “AI-empowered” independent professionals while improving...

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Pickle CEO Says They’re the DoorDash for Fashion Rentals
Pickle CEO Says They’re the DoorDash for Fashion Rentals
November 03, 2023  |  Retail

The demand for rental clothing, accessories and even footwear is gaining momentum. Inflationary pressures are not the only factor driving this trend, as consumers discover...

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Uber and Lyft to Pay $328 Million Settlement for Withholding Driver Pay
Uber and Lyft to Pay $328 Million Settlement for Withholding Driver Pay
November 02, 2023  |  Gig Economy

Uber and Lyft will pay a combined settlement of $328 million after multi-year investigations into their practices by the New York State Attorney General. The...

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How Airbnb and 18th-Century Newspapers Found Profits from Frictions 
How Airbnb and 18th-Century Newspapers Found Profits from Frictions 
October 11, 2023  |  David S. Evans

Brian Chesky says that Airbnb is broken and he’s going to fix it.   New York City recently passed regulations that all but gave them the boot....

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Vlorish Launches All-in-One Finance Platform for Freelancers
Vlorish Launches All-in-One Finance Platform for Freelancers
October 06, 2023  |  Gig Economy

FinTech startup Vlorish launched its freelancer finance platform, aiming to simplify bookkeeping, budgeting and credit scoring models for the freelance market. The all-in-one web platform...

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