PYMNTS

OCTOBER 5, 2020

Americans consume roughly 13 billion quarts of popcorn every year, roughly 30 percent of that at the movies. Well, that was back when theatres were open, before COVID, and going to the movies was a regular part of a consumer’s routine. consumers, as well as the behavior of a sample of Main Street business owners.

Consumer 122

Consumer Volume Continuity Returns 122

PYMNTS

APRIL 6, 2020

Among its many profound impacts, the COVID-19 pandemic has dramatically altered how consumers shop. Even before large-scale stay-at-home policies went into effect, most consumers sought to limit direct contact with people and objects as much as possible when they went out. percent reported in 2019. percent reported in 2019.

Point-of-Sale (POS) 93

Point-of-Sale (POS) Consumer Shutdown Contactless Payments 93

PYMNTS

APRIL 8, 2020

And new data shows that eCommerce sales will show a large increase as March earnings reports begin to emerge this week, with recent consumer spending and supply chain concerns appearing to be non-factors in growth. 200%: Minimum increase in online clothing shopping in March, compared to 2019. All this, Today in Data.

Continuity 85

Continuity Volume Transactions Consumer 85

PYMNTS

OCTOBER 15, 2020

In a roundup of today’s top retail stories: The automotive market continues its comeback with a digital spin, conversational commerce is the next big pandemic-fueled trend, and Tiffany said that its preliminary sales results for August and September 2020 are positive. Automotive Continues Comeback Leading With Digital-First Tools.

Continuity 82

Continuity Economy Consumer Payments 82

PYMNTS

OCTOBER 15, 2020

Although consumer shopping behaviors are changing, the automotive market continues its comeback, with the digital-first economy playing a lead role and a newly-minted publicly-traded company — Shift Technologies — among its ranks. The Comscore report also found direct-to-consumer initiatives are paying dividends.

Continuity 75

Continuity Consumer Economy Research 75

PYMNTS

OCTOBER 23, 2020

Behind the data lie a slew of lifestyle changes and demographic shifts, which may have positive ripple effects for the SMBs that line Main Street, and bode well for consumer spending trends overall. 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 90

Continuity On-Demand Adjustments Economy 90

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

PYMNTS

OCTOBER 16, 2020

Direct-to-consumer (D2C) selling has taken wing with the ascendance of eCommerce to retail’s throne. How consumer packaged goods (CPG) brands and subscription-based businesses respond to this important trend will be make-or-break for many. percent of consumers have bought CPG through these channel.”.

Consumer 84

Consumer Shutdown Volume Product 84

PYMNTS

NOVEMBER 2, 2020

“ Membership has its privileges ” was the nine-year ad campaign launched by American Express in 1987 to persuade consumers that it was worth it to pay an annual fee for one of its charge card products. A PYMNTS study of a census-balanced sample of 2,165 consumers conducted Oct. 27-28 of this year reveals that roughly 17 percent of U.S.

Consumer 98

Consumer Online and Mobile Banking Product Non-Bank 98

PYMNTS

DECEMBER 4, 2020

The bank also processed record-breaking online and mobile payment transactions on Cyber Monday, up nearly 25 percent over 2019. That helped offset a 12 percent drop in payment authorizations at physical stores as people continue to largely lock down amid the coronavirus pandemic. “As with 2019 transaction volume exceeding $1.5

Online and Mobile Banking 115

Online and Mobile Banking NOV Treasury Processors 115

FICO

AUGUST 29, 2022

FICO® Score Stays Steady at 716, as Missed Payments and Consumer Debt Rises. Each year, we provide insight into the national average FICO ® Score to help ensure consumers have a baseline measure of credit health standing. and globally -- making access to credit more efficient and objective, which has continued into the present day.

Consumer 98

Consumer Credit Cards Payments Governance 98

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. We surveyed a census-balanced panel of 2,147 U.S.

Debit Card 128

Debit Card PayPal Credit Cards Consumer 128

PYMNTS

OCTOBER 28, 2020

Management also said on the earnings call that restaurant spending is nearing levels last seen in 2019. And tap to pay is continuing to gain ground, with 365 million transactions over the period. Overall, CNP transactions were up 33 percent in the period, indicating that consumers are forming new habits. billion transactions.

Volume 80

Volume Cross-Border Consumer Visa 80

PYMNTS

NOVEMBER 13, 2020

Consumer Financing Satisfaction Study. Consumers and Banks Both Like Online Auto Loans. Consumers are apparently so glad to dump the back-office haggle between dealer and bank that roughly one-third of car buyers are now doing the loan process online, J.D. Power, said in releasing the J.D. Power 2020 U.S.

Consumer 85

Consumer On-Demand Origination Enrollments 85

PYMNTS

JANUARY 22, 2021

Global payments firm MoneyGram is advancing its Visa debit card deposit service across Europe in a partnership with Checkout.com and continued collaboration with Visa’s real-time push payments platform Visa Direct. Consumer demand for real-time payments direct to bank accounts and mobile wallets continues to surge.”.

P2P 107

P2P Cross-Border Real Time Payments Cross-Border Payments 107

PYMNTS

DECEMBER 30, 2020

Consumers are staying at home and as a result paying a lot less attention to their personal style. Consumers did their fair share of shopping this season — home furnishings, home decoration, and home improvement products all had a banner season as consumers set about more perfectly feathering their nests.

Consumer 113

Consumer Adjustments Returns Continuity 113

PYMNTS

APRIL 13, 2020

and international) consumer and the businesses that serve them will be center stage as earnings season gets underway, starting, as always, with a slew of big banks. The last time we had earnings season, stretching from mid-January into the end of February, banks pointed to the continued strength of the U.S. billion using Zelle.

Online and Mobile Banking 124

Online and Mobile Banking Credit Cards Zelle P2P 124

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 in 2019 and 9.5

Instant Payments 122

Instant Payments Payee Same Day ACH Non-Bank 122

CB Insights

FEBRUARY 20, 2020

Though deals and funding continue to reach new annual highs, it wasn’t a smooth climb. GET THE 102-PAGE q4 2019 FINTECH TRENDS REPORT. Nearly 50% of 2019 funding was concentrated in 83 mega-rounds ($100M+) totaling $17.2B. Continued foreign investment and positive market outlooks. across 139 deals. First name.

Financial Inclusion 96

Financial Inclusion FinTech Regulations Central Bank 96

PYMNTS

DECEMBER 16, 2020

PYMNTS’ recent Subscription Commerce Conversion Index found that the share of SaaS firms that offered free trials increased 6 percentage points between Q4 2019 and Q4 2020. Experts expect this trend to continue even after the health crisis ends, as SaaS medical apps make it easier for consumers to engage in remote healthcare.

Consumer 74

Consumer On-Demand Origination Privacy 74

PYMNTS

DECEMBER 2, 2020

Cyber Monday consumers rang up $10.8 Throughout the remainder of the holiday season, we expect to see record sales continue and curbside pickup to gain even more momentum as shoppers avoid crowds and potential shipping delays," Taylor Schreiner, a director at Adobe Digital Insights, said in a blog post. From 7-11 p.m.

Adjustments 85

Adjustments Origination Consumer Continuity 85

Faster Payments Council

JUNE 28, 2021

Today's consumers want fast, easy, digital transactions. And while we are making significant progress towards creating a faster, digital payments experience for domestic transactions – with real-time payment growth expected to increase from 734 million in 2019 to 4.2 Visit fasterpaymentscouncil.org/Why-Join-the-FPC to learn more.

Cross-Border 68

Cross-Border Faster Payments Cross-Border Payments FPC 68

PYMNTS

DECEMBER 31, 2020

How We Will Pay: Home As The Consumer Command Center. This study showed that the home had become the consumer’s commerce command center as they changed their daily routines to do more of their work and more of their once-physical errands from home. percent made purchases via mobile in the last 24 hours. 31 percent bank via app.

Innovation 111

Innovation Online and Mobile Banking Real Time Payments Cross-Border 111

PYMNTS

SEPTEMBER 18, 2020

Government-mandated social distancing and stay-at-home orders have slowed in-person retail sales in many regions and mass layoffs have hindered consumers’ purchasing power. The overall subscription market is expected to continue growing at a CAGR of 68 percent through 2025, according to PYMNTS’ recent Subscription Commerce Conversion Index.

Consumer 103

Consumer Returns Continuity Government 103

PYMNTS

FEBRUARY 21, 2020

regulators to secure a national bank charter, in turn clearing the runway for the entity to accept consumer deposits. The deal will take 12 to 15 months to close, but along the way, we can expect the blurring of the lines between FinTechs and traditional FIs (with a digital bent, of course) to continue. Home sales: In a sign that U.S.

Online and Mobile Banking 89

Online and Mobile Banking Data Breach Compromise Commercial Card 89

Fintech News

AUGUST 21, 2024

How Tech and Consumer Preferences are Driving Digital Payment Adoption in Asia One of the primary catalysts driving this transformation is the pervasive influence of technological innovation. Instant Payment initiatives are flourishing to facilitate real-time transactions for both businesses and consumers all around Asia and cross-border.

Payments Trends 100

Payments Trends Digital Payments Payments Instant Payments 100

PYMNTS

OCTOBER 5, 2020

continues to capitalize on growth opportunities. He added that “we mobilized our entire digital infrastructure to support the economic recovery of businesses across a wide range of sectors, while broadening and diversifying our consumer base by addressing their changing preferences in a post-COVID-19 environment.".

Acquirers 105

Acquirers Economy Addressing Consumer 105

PYMNTS

DECEMBER 21, 2020

It recently opened its first digital-only location after reporting that its digital sales grew by 203 percent in Q3 compared to the same period in 2019. Digital revenues represented 49 percent of the chain’s total sales during the same quarter, revealing that consumers are clearly seeking digital access to restaurants in record numbers.

AI 120

AI Contactless Payments Innovation Research 120

Fintech News

JANUARY 15, 2024

Thailand-based Roojai Group announced the acquisition of Lifepal , an Indonesian digital direct-to-consumer (D2C) insurance marketplace, according to a report by TechNode Global. The company will continue providing online comparison services for car and health insurance.

Acquirers 90

Acquirers Underwriting Continuity FinTech 90

FICO

OCTOBER 24, 2022

Tue, 11/12/2019 - 19:52. Plus, FICO Score 10 T utilizes a consistent odds-to-score relationship as the prior FICO Score version used by the Enterprises, offering continuity and stability for lenders, investors and consumers. FICO Fact: Can having no credit score be better for consumers than a low credit score? FICO Admin.

Credit Risk 93

Credit Risk Risk Consumer Continuity 93

PYMNTS

APRIL 24, 2020

The coronavirus outbreak is still ravaging countries worldwide, but it has not eliminated consumers’ and businesses’ need to transact, finalize complex arrangements like trusts, or speak with their bankers about financial products. Business is not continuing as normal, however. Twenty-five percent of all U.S. Several U.K.

Technology 99

Technology ATM Online and Mobile Banking Credit Union 99

FICO

JANUARY 24, 2023

FICO’s latest market report of UK card trends suggests that consumers managed their credit card debt to keep lines of credit open for the festive season as spend increased month on month. However, a continuing trend in those missing two or three payments will be a concern for lenders. percent Year-on-year there were 14.8 percent to 39.3

Credit Cards 52

Credit Cards Consumer Payments Advisors 52

PYMNTS

AUGUST 14, 2020

We expect that consumers who have suddenly seen the benefit in ordering online and shopping and paying in a contactless manner, it’s a habit consumers will want to continue going forward,” she said. Restrictions to keep COVID-19 in check, however, have drawn more people who start businesses to the space.

Volume 101

Volume On-Demand Digital Payments Addressing 101

PYMNTS

SEPTEMBER 18, 2020

has simply not had the handle on COVID-19 that other countries have shown and hot spots continue to pop up in highly populated states like California, Texas and Georgia. 1 factor in consumer shopping behavior as shown over time in the PYMNTS COVID-19 tracker project. percent lift in 2019 over 2018. billion and $1.15

Consumer 91

Consumer Mitigation Economy Continuity 91

PYMNTS

JANUARY 8, 2021

But for all the challenges thrown up by 2020, the surge of consumers online has forced merchants to raise the level of their digital checkout game, according to the latest edition of the PYMNTS Checkout Conversion Index. Transparency Is Key When Completing A Consumer Conversation . The year 2020 saw the overall index score rise by 2.2

On-Demand 104

On-Demand Consumer BNPL Innovation 104

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. In fact, a PYMNTS data project that studied Black Friday in 2019 found that only 20.2

Volume 96

Volume Consumer Research Returns 96

Fintech Finance

OCTOBER 9, 2024

Founded in 2019 and based in Lima, Peru, B89 is at the forefront of digital banking, offering transparent, fair, and secure financial services through fully digital experiences. The post MeaWallet and B89 Join Forces to Enhance Digital Payments with Advanced Tokenization appeared first on FF News | Fintech Finance.

Digital Payments 95

Digital Payments Push-to-Card Cross-Border Payments 95