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moneycorp Americas Announces Partnership with Shortlist to Facilitate Gig Economy Payments | Business

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PROVIDENCE, R.I.–(BUSINESS WIRE)–Oct 15, 2020–

moneycorp Americas, a leading provider of global payments and risk management solutions, today announced their partnership with Shortlist to ease cross-border payments for companies with an external workforce. Shortlist, a top platform for managing and engaging freelancer workers, will integrate moneycorp’s API technology to facilitate both domestic and international payments for businesses.

The solution will be available to Shortlist’s customers who need to pay freelancers and contractors operating in over 180 countries. Businesses will be able to pay freelancers and contractors in their local currencies faster, more efficiently and more cost effectively. Additionally, moneycorp’s beneficiary validation micro service enables Shortlist to embed API services within their platform to validate banking details while reducing errors and saving time and money.

“We are excited to announce this partnership and continue to serve the growing gig economy in North America,” said Bob Dowd, CEO North America. “This partnership strengthens moneycorp’s strategic goal to continue to serve freelance businesses by making cross-border payments more accessible and easier to manage.”

The rise of the gig economy in North America has seen drastic increases since COVID-19. 36% of American adults currently conduct some form of gig work. Flexible work schedules, remote working and regulatory changes are causing more working professionals to turn to or consider freelance employment.

Joey Frasier, CEO of Shortlist added, “The rise of freelance/contract and remote work has created a greater need than ever before for workforce platforms such as ours. With innovative partners like moneycorp, we can better serve our customers by having more control and visibility into the payment lifecycle while simultaneously easing their primary pain points when it comes to international payments for freelance and contract workers.”

The partnership solution is now available to Shortlist’s customers.

About moneycorp Americas

moneycorp Americas is a leading provider of global payments and currency risk management. We pride ourselves on delivering high touch service and customized products that put our customers’ business first. Our team of knowledgeable, seasoned professional create tailor-made solutions for seamless cross border payments and safeguarding FX risk exposure. Established in 1979, moneycorp serves global clients across North America, South America, Asia, Europe and Australia. Visit www.moneycorp.com/en-us/ to learn more.

About Shortlist

Shortlist is a smart, user-friendly Freelance/Workforce Management System (F/WMS). Shortlist makes it easy for small and large companies to onboard, manage and pay external workers in over 200 countries with just a few clicks. Shortlist is a SaaS offering for the global gig economy, helping companies find and manage their complete external workforce by providing a single platform to source, on-board, manage, review/rate and pay their workers. For more information, visit www.shortlist.co.

View source version on businesswire.com:https://www.businesswire.com/news/home/20201015005162/en/

CONTACT: Monica Bermudez

moneycorpteam@magnoliamc.com

KEYWORD: UNITED STATES NORTH AMERICA CANADA RHODE ISLAND

INDUSTRY KEYWORD: BANKING SOFTWARE MOBILE/WIRELESS ACCOUNTING PROFESSIONAL SERVICES DATA MANAGEMENT TECHNOLOGY SMALL BUSINESS OTHER PROFESSIONAL SERVICES HUMAN RESOURCES FINANCE OTHER TECHNOLOGY CONSULTING

SOURCE: moneycorp Americas

Copyright Business Wire 2020.

PUB: 10/15/2020 08:00 AM/DISC: 10/15/2020 08:01 AM

http://www.businesswire.com/news/home/20201015005162/en

Copyright Business Wire 2020.

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Gig companies break $200M barrier in California ballot fight

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A Lyft ride-share car waits at a stoplight in Sacramento, Calif.

A Lyft ride-share car waits at a stoplight in Sacramento, Calif. | Rich Pedroncelli, File/AP

OAKLAND — California officially has its first $200 million ballot campaign, courtesy of the homegrown tech industry.

Proposition 22 always figured to be an enormously expensive fight. Five gig economy firms invested $110 million just at the outset of their effort to exempt themselves from a new state law that could force them to treat app-summoned workers as employees rather than contractors.

The campaign has lived up to those expectations. A late October $3.75 million outlay from DoorDash pushed proponents’ fundraising total to roughly $203 million. Virtually all of that has come from five companies trying to preserve their contractor-reliant business models: Uber, Lyft, Postmates, Instacart and DoorDash.

The implications: The Prop 22 campaign has always been a financial mismatch. While organized labor wields significant sway in California politics, the union-driven opposition campaign has pulled in about $20 million. That used to be a decent sum in California ballot campaigns, but is merely one-tenth of what their opponents have committed.

Despite those lopsided numbers, which have helped the yes side saturate California’s airwaves, polling suggests Prop 22 could fail. A Berkeley IGS poll this month found the measure short of a majority, claiming support from 46 percent of likely voters.

The bigger context: Before this, the fundraising record for a single side of an initiative campaign was the roughly $111 million kidney dialysis companies spent in 2018 to beat back Proposition 8. The tech industry was poised to shatter that from the start.

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Global Gig Economy Platforms Market 2020 Growth Potential, Production, Revenue And COVID-19 Impact Analysis 2025 – re:Jerusalem

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The "Gig" Is Up - What Is The Gig Economy? What Does It Mean To You?Fabrik  Brands

The latest report titled Global Gig Economy Platforms Market 2020 by Company, Type and Application, Forecast to 2025 presents a huge platform for different firms, manufacturers, and organizations that compete with each other for offering reliable products and satisfactory services to their clients. The report contains inclusive details pertaining to this business space and provides evaluate data of the global Gig Economy Platforms market and its rivals on a global basis. The report highlights the market dynamics such as the numerous driving forces responsible for impacting the outlook of this industry as well as the risks that this sphere is defined by, and finally the innumerable growth opportunities prevalent in the marketplace.

The report provides information about the previous and current status of the market at a worldwide level. Detailed research and exhaustive investigation of the market development has been given and then theoretical analysis, technology-based ideas, and its validity have been mentioned. The report includes a description of the factors that are expected to enhance and downgrade the growth of the global Gig Economy Platforms market profound explanation of the markets past data with the current investigated data and a forecast of the development trend of the market for 2020 to 2025 time-period.

NOTE: Our report highlights the major issues and hazards that companies might come across due to the unprecedented outbreak of COVID-19.

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In This Report, We Analyze the Market Industry with Respect To two aspects.

Production – In terms of its production, we analyze the production, revenue, gross margin of its main manufacturers, and the unit price that they offer in different regions.

Consumption – In terms of consumption, we analyze the consumption volume, consumption value, sale price, import and export in different regions

The study provides explains all circumstances within the major players in the market. The report also includes the company’s active in product expansions and innovating new advanced technology intending to develop huge opportunities for the global Gig Economy Platforms market. Drivers and opportunities are elaborated. Along with the recent trends, the report focuses on the upcoming innovations.

Key players of the market mentioned in the report are: TaskRabbit, Fiverr, HopSkipDrive, BellHops, Upwork, Guru.com, Favor Delivery, Rover, Freelancer, DoorDash, Turo, Twago Enterprise, Handy

This report segments the global market based on type: APP-based, Website-based

Based on the application, the global market is categorized as follows: Freelancer, Independent Contractor, Project Worker, Part-Time, Other

ACCESS FULL REPORT: https://www.marketsandresearch.biz/report/88302/global-gig-economy-platforms-market-2020-by-company-type-and-application-forecast-to-2025

This report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share, and growth opportunity in these key regions, covering: North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, etc.), Middle East & Africa (Saudi Arabia, Egypt, Nigeria and South Africa)

The report offers a detailed analysis of the development of the market during the forecast period. Further, the report also reviews the market in terms of value and size across diverse regions. Additionally, the report involves the value chain analysis which denotes workflow in the global Gig Economy Platforms market. Furthermore, the market has been classified on the basis of category, processes, end-use industry, and region.

Customization of the Report:

This report can be customized to meet the client’s requirements. Please connect with our sales team (sales@marketsandresearch.biz), who will ensure that you get a report that suits your needs. You can also get in touch with our executives on +1-201-465-4211 to share your research requirements.

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California court rules Uber can continue pushing pro-gig worker messages

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A California state superior court has ruled that Uber can continue pushing pro-gig worker messages to its drivers through the rideshare app.

A group of drivers filed a lawsuit Thursday against the company alleging unlawful coercion from Uber because it used in-app messages to get its workers to support Proposition 22, which would allow Uber, Lyft and other ride-share companies to classify drivers as independent contractors rather than employees,

Ticker Security Last Change Change %
UBER UBER TECHNOLOGIES INC. 34.06 +0.41 +1.22%
LYFT LYFT INC. 22.96 +0.73 +3.28%

The drivers then filed a temporary restraining order against Uber, which Judge Richard B. Ulmer Jr. denied, citing a “belated” effort on the drivers’ part since the lawsuit alleges that the messages have been ongoing since August, and Californians will be able to vote in favor of or against Prop. 22 on their 2020 general election ballots.

Carla Shrive, right, who drives for various gig into companies, joined other drivers to support a proposed ballot initiative challenging a recently signed law that makes it harder for companies to label workers as independent contractors, in Sacramen

“According to plaintiffs, Uber’s driver app campaign began in August. Why plaintiffs waited months to sue and seek injunctive relief is not explained, and such delay casts doubt on their case,” Ulmer wrote.

ALL U.S. EMPLOYEES WILL RECEIVE A FREE ONE-WAY LYFT RIDE UP TO $75 TO THE POLLS TO VOTE

David Lowe, a partner at Rudy, Exelrod, Zieff & Lowe and an attorney for the drivers, said in a statement to FOX Business that Ulmer’s decision puts Uber’s First Amendment rights above the First Amendment rights of drivers.

“With a nod to its illegal conduct, Uber still refuses to assure its drivers it will not retaliate based on how they vote, citing that this would infringe on their right to free speech,”  Lowe said. “This decision seems to say that Uber’s [First] Amendment right is more important than that of their drivers.”

WHY UBER, LYFT’S FUTURE IN CALIFORNIA COULD BE DECIDED BY VOTERS

Ulmer also disagreed with plaintiffs’ allegations that Uber is causing drivers to fear that the company might retaliate against them if they do not express support for Prop. 22. “Plaintiffs’ claimed interim harm is ‘political coercion’ by Uber. However, plaintiffs’ papers point to no Uber driver who has been in any way punished for not cooperating with the Proposition 22 campaign or advocating against it,” he wrote.

A driver and passenger wearing protective masks exit the ride sharing pickup area in a car displaying Uber Technologies signage at San Francisco International Airport. (David Paul Morris/Bloomberg via Getty Images)

The drivers’ lawsuit was filed the same day a California appeals court ruled against Uber and Lyft, saying they must comply with state laws to reclassify drivers. The companies appealed, and have threatened to leave the state altogether if they are forced to reclassify drivers.

The ruling does not go into effect until after Nov. 3 but could limit options for Uber and Lyft should Prop. 22 fail.

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Rideshare companies argue that being forced to reclassify now will leave “hundreds of thousands of Californians out of work” and shut down rideshare services in parts of the state due to increased costs for the companies, according to a Thursday statement from Uber.

California legislators argue that rideshare drivers are entitled to the benefits that come with employee classification, such as health care, paid sick leave, family leave, workers’ compensation, vacation days and more.

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