PYMNTS

APRIL 24, 2019

Consumers tend to overestimate their financial literacy, according to a survey by research provider Raddon ; 44 percent said they were “very” or “extremely” literate, but when given a financial quiz only 6 percent scored an “A.” In Q3 2018, 28.0 Most consumers (52.3 percent in Q1 2018. percent in Q1 2018.

Financial Literacy 68

Financial Literacy Consumer Credit Cards Finance 68

CB Insights

MARCH 6, 2019

Thirty-seven Chinese companies reached billion-dollar valuations in 2018, operating in areas as diverse as healthcare, transportation, and education, among others. Using CB Insights data, we identified all the China-based startups that have reached a $1B+ valuation in 2018. A s of 2018, more than 5 million drivers and 1.25

Bitcoin 72

Bitcoin Law Enforcement Technology Product 72

CB Insights

MARCH 20, 2019

From e-commerce to software to payments, several companies with $1B+ valuations exited in 2018. Using CB Insights data, we identified the startups with a $1B+ valuation that exited in 2018. We’ve also covered 2018’s 14 European unicorns , 37 Chinese unicorns , and 55 US unicorns.). Meituan Dianping.

Online and Mobile Banking 70

Online and Mobile Banking Acquirers On-Demand Security 70

PYMNTS

NOVEMBER 16, 2020

Consumers have cut back on travel, in-person entertainment and restaurant spend. Then they will use this newfound spending power to bring a new, vengeful spending strategy to the holiday season because, after all, the American consumer deserves a few gifts after all that they’ve been through this year. Here’s the scenario.

Credit Cards 121

Credit Cards Online and Mobile Banking Consumer Research 121

CB Insights

MARCH 13, 2019

From gaming to healthcare to pizza delivery, US-based startups which reached unicorn status in 2018 represent a diverse range of industries. Silicon Valley produced plenty of $1B+ companies in 2018, but other parts of the country also had a strong showing. Check out our real-time Unicorn Tracker for a full list of $1B+ companies).

Online and Mobile Banking 77

Online and Mobile Banking Automation Payment APIs and Integration Technology 77

PYMNTS

OCTOBER 16, 2020

“Eventually, without further government support or significant labor market improvements, jobless workers may exhaust their accumulated savings buffer, leaving them with a choice to further cut spending or fall behind on debt or rent payments,” the researchers wrote. 7, according to the research.

Federal Reserve 105

Federal Reserve Research Credit Cards Consumer 105

PYMNTS

DECEMBER 24, 2018

But in hopes of hopping on the holiday bandwagon — and providing data-backed insight in the hottest payment trends for 2019 — allow us to offer this list of a dozen ways that consumers (and some businesses) are paying now, methods that promise to play big roles in 2019. So, how will consumers (and some businesses) pay? #1:

Consumer 83

Consumer Online and Mobile Banking Debit Card Volume 83

PYMNTS

MAY 22, 2019

Mobile commerce has become part of the daily routine for many consumers — who are not just using devices to shop on the go, but also in-store and for a variety of product categories. In the study, nearly half (48 percent) of consumers who own smartphones use them while shopping in stores. In Q1 2019, nearly half of consumers (46.4

Consumer 71

Consumer PayPal Mobile Payments Debit Card 71

PYMNTS

OCTOBER 6, 2020

The nationwide survey of 9,800 consumers conducted between Aug. Girls are spending about $160 more on clothes than boys, researchers found. One year ago, Piper Jaffray researchers found that American teens spent $2,371 per year, the lowest level for the age group since the fall of 2011. 19 and Sept.

Economy 102

Economy Research Consumer 102

PYMNTS

NOVEMBER 30, 2020

The divide between digital and brick-and-mortar commerce hit a tipping point this holiday season, with more consumers than ever going online to kick off their holiday shopping sprees. consumers on Nov. The COVID-19 pandemic accelerated consumers’ shift to digital-first commerce. Our research shows that 74.1 It is also 27.1

Debit Card 128

Debit Card PayPal Credit Cards Consumer 128

The Fintech Times

APRIL 27, 2024

However, as things stand, this could be hidden away on their websites, which could easily be missed by consumers. We will likely see further regulatory change in the future, so businesses must remain vigilant to ensure they maintain compliance and protect consumers.”

API 124

API Cybersecurity Authentication Security 124

PYMNTS

DECEMBER 24, 2019

About 31 percent of consumers now own voice-activated devices, up from 27 percent in 2018 and 14 percent in 2017. By comparison, ownership of smart TVs has increased just 5 percent, and ownership of connected cars has increased 3 percent since 2018. That’s not all — voice is becoming more emotionally attuned to consumers.

Consumer 64

Consumer Zelle P2P Real Time Payments 64

PYMNTS

JANUARY 18, 2019

The concerns were reasonable and varied (logistical hurdles, perhaps, or just long-standing consumer habits), but, clearly, those views turned out to be wrong. The reason for doing so applies to other areas of retail and digital marketplaces, and will probably continue to do so, given long-term consumer habits and expectations. “No

Consumer 70

Consumer Online and Mobile Banking Process Transactions 70

PYMNTS

FEBRUARY 3, 2020

“Jobs to be done” – a theory popularized by the late Harvard Business School Professor Clayton Christensen – is the notion that consumers don’t buy products , but they hire them to perform a task they need done. Consumers are firing brick-and-mortar retailers from the jobs they held years and decades before. But it’s more than that.

Consumer 69

Consumer Returns Rules Product 69

PYMNTS

OCTOBER 7, 2020

PYMNTS has been tracking consumer attitudes and behaviors around shopping and payment methods since mid-March, which has shown clear trend lines toward concerns about safety, shifts in digital preferences and avoidance of in-store visits. percent shopped online during Black Friday last year, which was double the 2018 number.

Volume 96

Volume Consumer Research Returns 96

PYMNTS

OCTOBER 19, 2020

Consumers across all age demographics have radically realigned their lives over the last eight months. Still, the 2020 edition of the PYMNTS | Visa How We Will Pay consumer survey of a national sample of roughly 10,000 U.S. consumers confirmes that consumers, in fact, have changed. The New Connected Consumers .

Consumer 132

Consumer AI Research Technology 132

CB Insights

SEPTEMBER 1, 2020

Previous winners and highlights from the Fintech 250 class of 2018. Since 2018, Ribbit has participated in 45 deals to this cohort of companies, including to Hippo , Nubank , Upgrade , Robinhood , and BharatPe. POS & Consumer Lending. Previous winners and highlights from the fintech 250 class of 2018. Oscar Health.

FinTech 101

FinTech Participant NOV Finance 101

PYMNTS

JUNE 29, 2020

The startup, based in Hunan, has enjoyed a significant boost from the COVID-19 epidemic, which has forced Chinese consumers to seek out food delivery services and other alternatives. Xingsheng Youxuan recently filed paperwork to go public in 2020, investment research firm EqualOcean reported.

Laws 109

Laws Finance Research Posting 109

PYMNTS

JANUARY 3, 2019

New research, in fact, supports that idea — specifically, the high value that consumers attach to Facebook , and the high cost it would take to make them leave the social media platform. But that doesn’t mean consumers plan to leave Facebook anytime soon. The study, from university researchers in the U.S. ,

Privacy 74

Privacy Research Participant Checks 74

PYMNTS

JANUARY 7, 2021

The startup, launched in 2018 by wireless industry veterans Kevin Ross and Ahsan Naim, said it has also targeted seven other markets for future expansion as well. The company cites research showing as many as 77 percent of U.S. consumers have just a single choice when it comes to broadband providers.

Finance 97

Finance Advisors Addressing Research 97

PYMNTS

OCTOBER 1, 2020

Consumers and microbusinesses now get an average of two disbursements each year, excluding tax disbursements from local, state and federal governments. More than two-thirds of consumers (68.1 Among consumers, instant payments accounted for a little more than one in 10 of those disbursements (14 percent). percent as of 2018.

Instant Payments 122

Instant Payments Payee Same Day ACH Non-Bank 122

CB Insights

AUGUST 23, 2018

Live briefing: Consumer Banks in The Digital Age. Learn about the playbooks of today’s top banks as they digitally re-position their consumer products. JPM is the first consumer bank to give free trades to all retail customers. That’s driven by consumer trends, like Siri, Google Home, and Amazon Alexa.”

Consumer 76

Consumer Online and Mobile Banking Credit Cards Push-to-Card 76

PYMNTS

NOVEMBER 26, 2019

lost bank branches between 2012 and 2017, with rural areas feeling the brunt of the closures, according to research from the Federal Reserve released on Monday (Nov. The research shows that loan interest rates go up as the distance increases between local bank branches and businesses. More than half of the 3,114 counties in the U.S.

Federal Reserve 83

Federal Reserve Online and Mobile Banking Small Business Fed 83

PYMNTS

NOVEMBER 19, 2018

As many as 86 percent of modern consumers own a smartphone, and 23 percent of them shop on their mobiles. Many eTailers are looking to cash in on the smartphone’s ubiquity by optimizing their mobile sites, making it easier for consumers to navigate, find and pay for items. Smartphones are now more ubiquitous than laptops and desktops.

Ubiquitous 77

Ubiquitous Research Volume Process 77

PYMNTS

MAY 8, 2019

The attacks occurred between May and October of 2018. In a statement cited by the outlet, Amazon Worldwide Consumer Division CEO Jeff Wilke said, “As we work to help them grow their businesses, we are making big investments in our delivery network, data centers, AI research (and) robotics.”.

Phishing 99

Phishing Compromise Accounts AI 99

PYMNTS

FEBRUARY 17, 2020

What may be surprising, however, is the share of those expenditures that are borne by the consumer. In 2018, that was 28.4 For Flywire , that means making it more efficient for the consumer to make those payments. percent, making the patient (along with the federal government at 28.3 That amounted to approximately $375 billion.

Payments 91

Payments Payment Reconciliation Consumer Reconciliation 91

Open Banking Excellence

NOVEMBER 9, 2023

Since Open Banking launched in January 2018, seven million consumers and businesses have used it. The adoption of account data services has lagged behind Open Banking payments, whilst the number of Open Banking use cases is limited and it has not yet entered daily or weekly usage for most consumers and businesses.

Use Case 130

Use Case API Fraud Prevention Risk 130

PYMNTS

JANUARY 22, 2021

Tiger Global has invested in numerous food delivery platforms, leading Postmates as part of a 2018 funding round, as well as India’s Zomato and Turkey’s Getir. Consumers have embraced the pivot to digital shopping brought about by the worldwide coronavirus pandemic. In January 2019.

Acquirers 88

Acquirers Research Consumer 88

Fintech News

AUGUST 12, 2024

The company leads the consumer finance market with over 21,000 points of sale, 16,000 employees, and more than 12 million customers. Fiin Credit: Founded in 2018, Fiin Credit is a digital finance and consumer credit system in Vietnam. The platform has served over 14 million users and offers more than 100 convenient services.

FinTech 96

FinTech Online and Mobile Banking Point-of-Sale (POS) Payment Gateways 96

PYMNTS

JULY 27, 2020

It was ingrained not just in their operations, either, but in core consumer behavior as well. The magazine noted that market tracker Datassential recently found that 63 percent of consumers have sought out pizza during the pandemic. According to the magazine’s 2018 Industry Census, 60.4 percent over 2018.

Authentication 86

Authentication Consumer Research 86

PYMNTS

DECEMBER 24, 2019

According to retail research firm Customer Growth Partners, consumers on Super Saturday spent a total of $34.4 58 percent of sales growth from 2018 occurred online. Millennials’ buying habits have increased both Black Friday and online sales, and they continue to shape branding and in-person consumer engagement trends.

Research 74

Research Economy Continuity Finance 74

Finovate

MAY 13, 2024

The week begins with a few research-related announcements in the fintech and financial services space. billion, the lowest level since 2018. Q1 2024 was also the first time since 2018 that there were no “mega-round deals” – investments of $100 million or more.

AI 119

AI Federal Reserve Underwriting Risk 119

PYMNTS

FEBRUARY 4, 2019

Twenty-five of them were operational worldwide in 2017, and that number had swelled to 40 by September 2018, with 16 more expected to debut by 2020. billion in 2018 to $26.9 percent, according to a Markets and Markets Research report. . Payments: Consumer Preferences. consumers currently favor paying via credit card.

Faster Payments 73

Faster Payments Federal Reserve Real Time Payments TCH 73

PYMNTS

OCTOBER 15, 2018

In 2009, consumers first coined the term “Whole Paycheck” as a tongue-in-cheek way to describe the sticker shock many felt when looking at their receipts after a shopping trip to Whole Foods. Amazon is capturing more of a consumer’s paycheck because of its good prices, fast delivery and great service. billion in June 2017.

Consumer 79

Consumer Product Accounts CHIPS 79

PYMNTS

AUGUST 19, 2020

The pandemic has made us a world populated by consumers – of content. And where the consumer’s appetite for the daily fix of movies, news, shoes and games only grows, the subscription economy is poised to grow in lockstep. As joint research between PYMNTS and sticky.io showed, 45 percent of U.S.

Consumer 115

Consumer Returns Continuity Economy 115

PYMNTS

JANUARY 2, 2019

While commercial card innovation certainly accelerated in 2018, progress can always continue. Recent Capital One research also uncovered how sluggish mobile payments adoption has been in the corporate setting. Following The Consumer Trend. One area of development that J.P.

Commercial Card 84

Commercial Card Online and Mobile Banking Payer B2B 84

CB Insights

FEBRUARY 20, 2020

In 2018, companies from 31 countries and 19 categories — spanning payments, digital banking, insurance, and more — made it onto the CB Insights 2018 Fintech 250 list. Below, we dive into where the Fintech 250 Class of 2018 startups are now. Highlights from the fintech 250 Class of 2018. valuation from December 2018.

FinTech 80

FinTech Debit Card Payment APIs and Integration Push-to-Card 80