Gig Economy

A gig economy is a free market system in which temporary positions are common and organizations contract with independent workers for short-term engagements. The term "gig" is a slang word meaning "a job for a specified period of time" and is typically used in referring to musicians. Temporary work or temporary employment refers to an employment situation where the working arrangement is limited to a certain period of time based on the needs of the employing organization.

(source: whatis.techtarget.com)

Gig Economy
Uber of X: Linguists On-Demand With Interpreter Tap
March 29, 2017

The United States is known as the “melting pot.” From all over the world, people from various backgrounds come together to both visit, work and live in the States. As such, there are many languages flowing into the country. The problem that often arises from this...

Gig Economy
The Need For Speed: Paying Gig Economy Workers
March 29, 2017

Speed is king in payments, but when it comes to gig economy workers, so is flexibility. Hyperwallet CEO Brent Warrington spoke with PYMNTS’ Karen Webster about the trends shaping the payments industry and the future of the gig economy.

Gig Economy
Uber of X: Saucey is The Uber of Adult Beverages
March 24, 2017

Chips? Check! Salsa? Check! Cupcakes? Check! Shopping for the checklist of party items and driving all over town to pick them up can seem like a huge task to take on when inviting people over to your home. Get the Full Story Complete the form to...

Gig Economy
Freelancer Payments Startup Lystable Raises $10M
March 24, 2017

Lystable, a freelancer collaboration app that enables managers to monitor profiles, assign work, track invoices and make payments, announced the increase of its Series A funding round to $21 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Gig Economy
Gigs, With Benefits
March 24, 2017

There’s no question the way people work is changing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form,...

Gig Economy
Uber of X: Jitjatjo is The Uber of The Hospitality Industry
March 22, 2017

While everyone else is off for the night or weekend, hospitality workers are hard at work. The hospitality world is an expansive space that works to serve everyone else in their down time or during vacations. From serving food to mixing drinks, those in the...

Gig Economy
Bike Sharing Without Kiosks? LimeBike Raises $12M For U.S. Rollout
March 16, 2017

The sharing economy has hit various industries in full force over the last few years, from cars to vacation rentals and more. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Gig Economy
Uber Of X: SwitchFit Is The Uber Of Workout Regimens
March 15, 2017

Year after year, it’s safe to say that most New Year’s resolutions include some form of getting in better shape. People join a gym with good intentions, but then their rate of going either slows down or stops altogether. Get the Full Story Complete the...

Gig Economy
For Online Marketplaces, Payments as Competitive Advantage
March 07, 2017

Certainty in an age of uncertainty is a harder trick to pull off than it may seem.  For gig economy workers, surety of payments is critical, and vibrant online marketplaces are crucial in getting freelancers the money they need, when they need it.  Michael Ting,...