PYMNTS

MAY 26, 2020

percent in April compared to March, but they fell by 6 percent compared to April 2019, according to the U.S. The seasonally adjusted number of new houses sold last month totaled 623,000, down from 664,000 in April 2019. Census reported from January through April that 241,000 new homes have sold, up from 238,000 in April 2019.

Mitigation

PYMNTS

DECEMBER 11, 2019

Kaspersky researchers studied 174 municipal institutions and their 3,000 subset organizations that were targeted in 2019. These organizations can’t typically pay the large ransoms that corporations do, but they tend to acquiesce to demands more easily. . The amounts for municipal ransoms range from $5,300,000 to $1,032,460, on average.

Ransomware

Fintech News

OCTOBER 23, 2024

Amidst the pandemic constraints in 2019, the migration was completed in just nine months. Sophisticated omnichannel payment scenarios When it comes to a seamless payment experience, some verticals are more demanding than others. By now, it has expanded its portfolio from one to two million merchants.

Acquirers

Fintech News

APRIL 17, 2024

But with a growing user base comes increasing competition, and a digital investment platform that offers differentiated products but still solves client investment headaches is likely to be in demand. 2 Syfe Syfe , a relative newcomer to the robo advisory landscape, has quickly made a name for itself since its launch in 2019.

Advisors

FICO

MARCH 25, 2020

This has been a big focus for the business in response to strong market demand for consumer loans in China. This has been a big focus for the business in response to strong market demand for consumer loans in China. For its achievement, Home Credit was awarded the 2019 FICO® Decisions Award for Financial Inclusion.

Risk

PYMNTS

AUGUST 14, 2020

These types of technology-based supports are in demand in AP departments: A 2019 study of 1,000 U.S. A 2019 study found that 40 percent of companies said AP automation led to improved oversight of their outstanding invoices. . These legacy practices became much harder to maintain under such constraints.

Process

Clearly Payments

OCTOBER 7, 2024

As of 2024, it is clear that the changes initiated during the pandemic are not just temporary adjustments but enduring shifts that continue to define the industry’s trajectory. In the United States alone, the number of mobile wallet users grew from 64 million in 2019 to over 100 million by 2022. billion in 2019.

Cross-Border

PYMNTS

FEBRUARY 13, 2020

Fidelity Information Services (FIS) posted results that showed organic growth across business segments, and better than expected synergies in the wake of its 2019 acquisition of Worldpay. In terms of headline numbers, adjusted earnings per share came in at $1.57, three pennies better than expected. Total 4Q revenues were $3.3

On-Demand

PYMNTS

APRIL 24, 2020

Sales of new single-family dwellings fell to a rate of 627,000 in March on a seasonally adjusted basis following a 4.6 Low mortgage rates and continued demand from the millennial generation should drive a rebound in housing activity later this year and into 2021,” Ayers predicted. Sales dropped a steep 41.5 percent in the West.

Consulting

PYMNTS

OCTOBER 23, 2020

percent in September over August, which equates to a seasonally adjusted, annualized rate of 6.5 months’ worth of inventory — coupled with high demand is leading to price increases. That means that sales — from listing to closings — have accelerated, as time on the market was 22 days in August and 32 days in September 2019.

Continuity

PYMNTS

SEPTEMBER 8, 2020

million at the conclusion of Q2 2019. percent, marking a fall of 520 basis points from Q2 2019. As for its overall results, Lululemon reported adjusted diluted earnings per share of 74 cents on net revenue of $902.9 MIRROR focuses on interactive classes and showcases real-time as well as on-demand offerings.

Adjustments

PYMNTS

MAY 6, 2020

The company is well positioned to capture demand that lies on the other side of the pandemic and recession, they added. The adjusted net loss of 44 cents was leagues worse than the 7 percent loss that had been expected. billion, and down by more than 15 percent from the fourth quarter of 2019. percent, at $1.7 percent, at $1.7

Enrollments

PYMNTS

FEBRUARY 20, 2020

But it’s not Valentine’s Day that will put demands on Lucaciu’s time – it’s the days leading up to Valentine’s Day. His infrastructure and small engineering team all have the green light to make product decisions, measure KPIs and adjust internal features. We’re focused on capital efficiency,” he noted.

Adjustments

PYMNTS

NOVEMBER 11, 2020

percent compared to Q3 2019, according to an announcement. Megibow noted that the company kept witnessing formidable increases in sheets, pillows and seat cushions, highlighting the progress the company made in creating greater awareness and fueling demand for its high-end categories outside of mattresses.

Adjustments

PYMNTS

APRIL 29, 2020

saw more than 1,500 bank branches close between February 2019 and February 2020, which likely reflected declining consumer demand for in-person services. This can be an uphill battle, with a 2019 report finding that consumers have 51 percent more trust in FIs that have branches. Building Trust Between Banks and Consumers Online.

Credit Union

PYMNTS

JULY 30, 2020

Adjusted net income was $1.9 billion, a nearly 9 percent increase above Q2 in 2019. At the same time, adjusted operating profit was $2.3 Adjusted diluted earnings were $2.13 In early morning trading, UPS shares were $136.09, a 10 percent rise from the close on Wednesday (July 29) of $123.68. . billion, up 7.4

Adjustments

PYMNTS

JULY 30, 2020

billion in the second quarter of 2020, a 59 percent increase from Q2 2019, with an average order size of $39 rising 20 percent year over year and net revenues coming in at $459 million, a 41 percent YOY increase. Adjusted EBITDA was $13 million ($0.23 of adjusted EBITDA per order in virtually all of our markets,” Grubhub stated.

Adjustments

PYMNTS

SEPTEMBER 9, 2020

9) that Q2 digital demand, which is tracked by ordered sales, surged 48 percent. The apparel retailer reported that Aerie digital demand jumped 113 percent and AE rose 21 percent, according to an announcement. “In American Eagle Outfitters, Inc. reported on Wednesday (Sept. in revenue.

On-Demand

PYMNTS

JUNE 17, 2020

percent at a seasonally adjusted annual rate of 1,220,000 compared to 1,066,000 permits issued in April, the two agencies said in data released Wednesday (June 17). percent below the May 2019 rate of 1,338,000. percent below the May 2019 rate of 1,268,000. percent below the May 2019 rate of 1,230,000.

Adjustments

PYMNTS

JULY 27, 2020

Digital commerce has skyrocketed at Albertsons , as the supermarket giant posted a triple-digit increase in online sales for its most recent quarter amid soaring demand for grocery delivery and curbside pickup. Albertsons reported an adjusted EBITDA of $1.7 The Idaho-based supermarket chain reported overall sales and revenue of $22.8

Adjustments

PYMNTS

JANUARY 21, 2021

United Airlines reported that Q4 2020 operating revenue plunged by 69 percent from Q4 2019 as the pandemic continued to challenge the aviation industry. The company also reported that Q4 2020 operating expenses decreased by 45 percent compared to Q4 2019. United says it is still the sole U.S. carrier to serve India.

Adjustments

PYMNTS

JUNE 18, 2020

With Mother’s Day solidly in its pocket, 1-800-Flowers adjusted its sales projections upward Thursday (June 18) as the gift and flower eCommerce company saw record results through the first three quarters of the year combined with unexpectedly high eCommerce demand through the first 10 weeks of its current fiscal fourth quarter.

On-Demand

PYMNTS

JUNE 29, 2020

Total sales in June are projected to reach 1,085,600 units, a 25 percent decrease compared with June 2019. The seasonally-adjusted annualized rate for total sales is expected to be 12.8 These prices are being fueled by the consumer demand trend from cars to trucks and SUVs. Power’s pre-COVID-19 forecast and 11.3

On-Demand

PYMNTS

JUNE 4, 2020

billion and adjusted earnings per share of $1.02 Demand strength is driven by increased organic traffic, better marketing efficiency, and higher platform conversion.”. The report noted classifieds were off by 3 percent from 2019. The California-based eCommerce company said it expects Q2 revenues in a range of $2.75

Adjustments

PYMNTS

NOVEMBER 19, 2020

percent compared to 2019 and a digital sales increase of just 27 percent. We’ve successfully managed the channel shifts to address customer demand for a true omnichannel experience. We’ve successfully managed the channel shifts to address customer demand for a true omnichannel experience. billion in 2019.

Continuity

PYMNTS

DECEMBER 16, 2020

This growth has come with its share of challenges, however, especially as providers aim to keep their services functioning smoothly while demand increases — sometimes exponentially. One of the keys to helping SaaS companies stay profitable in the future is to adjust their customer strategies. SaaS Sector On The Rise .

Consumer

PYMNTS

OCTOBER 28, 2020

With the rising demand from small businesses during the pandemic, UPS has reported a third quarter revenue of $21.2 Our results were fueled by continued strong outbound demand from Asia and growth from small- and medium-sized businesses. percent from the same time in 2019, according to the release. percent from Q3 2019.

On-Demand

PYMNTS

SEPTEMBER 30, 2020

By contrast, Big Lots registered an adjusted net loss per share of 18 cents in Q3 fiscal 2019. Our assortment remains well positioned against customer demand, our Operation North Star initiatives continue to gain traction, and early reads on Christmas are very encouraging.”. “By Spiceology Shakes Up The D2C Status Quo.

CHIPS

PYMNTS

OCTOBER 28, 2020

28) that showed a rebound in pent-up demand, with volumes up quarter over quarter. Management also said on the earnings call that restaurant spending is nearing levels last seen in 2019. All in, Visa posted earnings that came in on an adjusted basis at $1.12 Visa reported fiscal fourth-quarter results Wednesday (Oct.

Volume

PYMNTS

NOVEMBER 13, 2020

million from $492 million in Q3 2019. million in Q3 2019, according to an announcement. million rise in brand platform GMV from New Guards as a result of its August 2019 acquisition and a formidable demand for merchandise in their brand collection. It also foresees “positive adjusted EBITDA.”. 30, up from $322.4

NOV

The Finance Weekly

OCTOBER 13, 2021

Many corporate leaders are now wrestling with how to keep up with demand as the US economy recovers faster than anticipated. Fitness organizations, for example, that used to offer physical equipment now sell monthly memberships to online lessons that users can watch on-demand from the comfort of their own homes.

Risk Management

PYMNTS

MAY 14, 2020

But for many businesses, that presents a new chance to pivot or adjust business strategies. “It all starts with accepting that the world as we knew it in 2019 is no more,” he said in a recent discussion. If there’s one thing for certain for small business today, it’s that nothing is certain. Pinpointing the Opportunity.

Payment APIs and Integration

PYMNTS

FEBRUARY 25, 2020

A group of nine top Expedia executives dubbed the “Travel Leadership Team” admitted that the decision to cut jobs was “difficult” and that “travel is intensely competitive and demands our very best leadership.”. In Q4 of 2019, Expedia’s revenues went up 8 percent to $2.63

Adjustments

PYMNTS

AUGUST 12, 2019

One area of impact is small business finance and lending, with small businesses and lenders seeing a slowdown in demand. “We continue to monitor the macroeconomic environment, proactively making adjustments where appropriate. . “Entrepreneurs who have a good credit history are having success in securing capital in 2019.”

Small Business

PYMNTS

APRIL 30, 2020

The new surge in demand is putting financial institutions’ (FIs’) online and mobile offerings to the test and allowing FIs to show off their digital investments and know-how to assure customers that they are in good hands. customers reporting in 2019 that they primarily used digital channels for banking.

Online and Mobile Banking

PYMNTS

FEBRUARY 22, 2017

As online shoppers grow to expect, if not require, quick and easy shipping of their purchases, logistics companies have been making investments to keep up with increasing demand. UPS plans to spend some $4 billion on capital expenditures in 2017 to keep pace with eCommerce demand. population. population. In the U.S.,

On-Demand

PYMNTS

AUGUST 7, 2019

Adjusted loss per share narrowed to $0.01 million in 2019, driven by the higher volume of loan originations Sanborn mentioned. The product platform will leverage our world-class demand generation and throughput capability to seamlessly deliver more ways for members to improve their financial health. million or $0.12 from $0.08

Origination