PYMNTS

DECEMBER 26, 2019

But before we shut the door on 2019, it bears taking a moment to note how much the world of retail has changed in the last year, a fitting capstone on a decade that has seen retail as the American consumer commonly knew it taken to the ground and rebuilt nearly from the foundations. Lesson 3: Any Place Can Be a Shopping Space . “We

Product 54

Product Consumer Returns Ubiquitous 54

PYMNTS

OCTOBER 1, 2020

The combination of Amazon’s Prime Day event in mid-October and consumers eager to ensure their packages arrive on time will lead to an earlier start in the holiday shopping season,” according to the company’s report. up from 12 percent in 2019). If consumers aren’t as confident with the fit, with the color, with a look.

Returns 88

Returns Ubiquitous Product Volume 88

PYMNTS

NOVEMBER 12, 2020

consumers will likely start rising again as a result of the pandemic recession. Keeping these consumers engaged in the broader financial system is essential to the collective good. Supplying a much-needed conduit and line of communication with the unbanked and underbanked is the ubiquitous smartphone. What are those challenges?

Online and Mobile Banking 81

Online and Mobile Banking Financial Inclusion PayPal FDIC 81

PYMNTS

JUNE 26, 2019

In payments, 10 years is a long time — where everything can change, and where once fanciful notions can become ubiquitous new ways of transacting. That said, we are now at the six-month mark of 2019, and a new decade looms. Machine learning and AI can help merchants tailor relevant offers, real time and in context.

Innovation 82

Innovation Zelle Ubiquitous Payments 82

PYMNTS

SEPTEMBER 8, 2020

Other devices and features to be targeted include TVs, windows and shades and as-yet-unspecified “additional consumer electronics products and the commercial industry.”. The move to a standard is tied to an open-source approach.

Ubiquitous 85

Ubiquitous Consumer Automation Product 85

PYMNTS

JULY 9, 2019

In other retail news, buy buttons have become so ubiquitous on eCommerce sites that the average shopper might not even notice them. And in consumer finance news, banks and credit unions benefit from the fact that most people like their banks, as these institutions fend off challenges from upstarts.

Innovation 53

Innovation Ubiquitous Credit Union Consumer 53

PYMNTS

NOVEMBER 17, 2020

Consumers’ ownership of smartphones has become all but ubiquitous in the U.S. This overwhelming reliance on smartphones has generated record profits for major telecommunications companies, including AT&T , Sprint and Verizon , with the industry generating $610 billion in revenue in 2019.

Multifactor Authentication 107

Multifactor Authentication Online and Mobile Banking Checks MFA 107

PYMNTS

FEBRUARY 19, 2020

Tipalti hired 65 new employees in the latter half of 2019, and has 240 workers as of the beginning of this year. Tipalti has always been ahead of the innovation curve, and this additional funding will allow it to advance its vision of transforming AP and financial operations and making it a ubiquitous solution.”.

Volume 60

Volume Transactions FinTech Ubiquitous 60

PYMNTS

DECEMBER 23, 2019

Shortly before the decade hit the halfway mark in 2014, the most favored method of communication among American consumers formally switched. This year, 2019, the average American will spend three hours and 43 minutes per day on mobile devices, just ahead of the three hours and 35 minutes spent watching television. They make mistakes.”.

Online and Mobile Banking 52

Online and Mobile Banking Cybersecurity Best Practices Economy 52

Faster Payments Council

JUNE 22, 2021

The report is the latest part of a three-year, multifaceted industry study consisting of quantitative and qualitative research, launched by the FPC and Glenbrook in 2019. Both the 2019 and 2020 Faster Payments Barometer studies showed more than 70 percent of stakeholders agree that faster payments system interoperability is important.

Interoperability 68

Interoperability Faster Payments Research FPC 68

PYMNTS

DECEMBER 12, 2018

Banks and credit unions are still wrestling with the best ways to deploy mobile technology, and do so in ways that balance security, and safe authentication, and consumer convenience. 5G phones in the first half of 2019. 5G will mean zero waiting time.”. That means, of course, that 5G will fuel the growth of the Internet of Things.).

FinTech 84

FinTech Credit Union Mobile Banking On-Demand 84

PYMNTS

AUGUST 7, 2019

At this point in 2019, we’ve all dealt with some flavor of two-factor authentication that uses SMS one-time passcodes. It’s a mild piece of friction, but it’s not terribly onerous and is doing something useful: keeping consumers safe. Building Ubiquitous Access. Unless, of course, it isn’t.

Authentication 44

Authentication Consumer Authentication Consumer Ubiquitous 44

PYMNTS

SEPTEMBER 16, 2019

The group’s connected commerce behaviors are well-documented in the annual PYMNTS/Visa How We Will Pay 2019 study released just today. consumers shop and pay — today and in the future. Which, for them and for every consumer, will increasingly be done with our voices. First, consumers are on a device and app purge.

Consumer 89

Consumer Use Case Ubiquitous Credential 89

PYMNTS

SEPTEMBER 24, 2020

Turn the clock back a year and the world for small businesses was very different on the eve of the 2019 holiday-shopping season. That’s left many small- to medium-sized businesses (SMBs) cash-strapped and looking to bankers, acquirers, ISOs and FinTech partners for help. . .

Checks 105

Checks Small Business ISOs Point-of-Sale (POS) 105

PYMNTS

SEPTEMBER 12, 2019

A new PYMNTS interview with McCrory about P2P payments — where they are in 2019 and where they are headed in the 2020s — comes amid a bright, shining time for the payment method. These devices have truly become ubiquitous.”. Consumer education has to teach you how to interact online. Bright Time. More about that in just a bit.

P2P 61

P2P Zelle Payments Real Time Payments 61

Fintech News

JANUARY 18, 2024

Founded in 2019, Kakao Bank quickly gained traction and achieved profitability within two years. The bank’s free messaging app, Kakao Talk, is used by nearly 90 percent of South Korea’s population, making it a ubiquitous platform. Paytm Bank is India’s largest digital ecosystem for merchants and consumers.

APACS 120

APACS Finance Cross-Border Ubiquitous 120

Faster Payments Council

MAY 7, 2020

in the fourth quarter of 2019. And globally, 4% of all consumer transactions leverage a QR code, according to research from Kleiner Perkins Caufield & Byers, Visa Inc., With increased consumer and business demands on efficiency and speed, QR codes check a lot of faster payments boxes. trillion U.S.

FPC 68

FPC Faster Payments Payments Facilitators 68

CB Insights

APRIL 23, 2019

solely from its licensing business , and this figure is set to rise as Qualcomm’s chips and processors become even more ubiquitous alongside 5G becoming more common. Qualcomm settled its ongoing legal battle with Apple over royalty payments in April 2019, with a supply agreement for 5G chipsets being announced alongside the settlement.

Technology 77

Technology CHIPS On-Demand Research 77

PYMNTS

MARCH 18, 2020

percent year over year in 2019 – an increase that is overwhelmingly pegged to younger shoppers. In one recent survey, 81 percent of Gen Z consumers said they prefer shopping in physical stores. The numbers align with a deepening understanding of experiential consumers. They Did What? million U.S.

Innovation 52

Innovation Ubiquitous Consumer Technology 52

PYMNTS

MARCH 18, 2019

This new feature, available to PayPal customers in good standing, leverages the company’s partnership with Chase, and Chase’s connection to The Clearing House’s RTP network, to move money instantly into the bank accounts of consumers and SMBs. as of January 2019. That’s roughly 95 percent of consumers in the U.S., In the U.S.,

Faster Payments 80

Faster Payments Fed RTP Same Day ACH 80

PYMNTS

JULY 8, 2019

They are now so ubiquitous on eCommerce sites that the average shopper might not even notice them. percent by Q2 2019. percent in Q2 2019, an average of 11.2 percent in Q2 2019, while Visa Checkout is used by 4.8 billion) and attract more consumers (45 million) than average. paid by consumers for items.

PayPal 51

PayPal Ubiquitous Consumer Security 51

PYMNTS

DECEMBER 21, 2020

You can see it in how investors are putting money to work in both consumer-facing and B2B startups, and how startups and incumbents are forging new partnerships to move innovation faster to market. Source: PYMNTS.com longitudinal study of over 40,000 consumers (data from the most recent panel on Nov. consumers — 47.2

CHIPS 91

CHIPS NOV Online and Mobile Banking Contactless Payments 91

PYMNTS

JANUARY 3, 2020

Rarely do consumers and businesses agree on anything as much as they have on instant. That number is even higher (nearly 62 percent) when counting people who received an instant disbursement, like ACH , from government or other sources in 2019. In the end, consumers will tell them, but it’s up to the FIs to make it real. “My

Instant Payments 60

Instant Payments Payments Ubiquitous Push-to-Card 60

PYMNTS

DECEMBER 1, 2020

days to settle — a sharp contrast to the real-time payments that have become ubiquitous in everyday life through apps such as Venmo or Zelle,” the CFO’s Guide states. with more than 140 American banks implementing such payments so far this year — an increase of more than 500 percent since September 2019. B2B invoices generally take 37.4

Process 64

Process Payment APIs and Integration Treasury Automation 64

PYMNTS

OCTOBER 24, 2018

. “Not only does this solidify Grab’s position as Southeast Asia’s undisputed FinTech leader, but it also enables the region’s 400 million unbanked and underserved consumers to buy goods and services online. Instead of using cash, this provides a safer and more convenient way for consumers in the region to pay for things.

Visa 50

Visa eWallet Online and Mobile Banking Debit Card 50

PYMNTS

JUNE 4, 2019

Sure, most consumers either carry or are within reach of government-issued ID documents, but it is cumbersome, to say the least, to scan or take a picture of a driver’s license photo, send it in, then wait for someone to review it. In fact, more than 95 percent of people in the U.S. possess phone numbers.

Verification 62

Verification Online and Mobile Banking Fraud Prevention Privacy 62

PYMNTS

JUNE 15, 2019

According to data from global luxury travel network Virtuoso , families are using a wider lens when it comes to their summer 2019 travel destinations. That gain, according to the report, is largely driven by social media savvy Gen Z consumers, who tend to exert a larger than expected amount of sway in bookings.

Ubiquitous 71

Ubiquitous Consumer Product Payments 71

PYMNTS

DECEMBER 27, 2019

Italian Gov’t To Pay Consumers To Ditch Cash For Digital Payments. In the final edition of the “How to Instant” podcast series, Edwards sits down with Karen Webster to discuss some useful guidelines for making instant payment ubiquitous. percent from last year. China To Widen Scope Of Blockchain Cross-Border Platform.

Cross-Border 52

Cross-Border Instant Payments RTP Blockchain 52

PYMNTS

FEBRUARY 11, 2020

According to the latest PYMNTS Mobile Order-Ahead Tracker , “Mobile order-ahead has become ubiquitous to QSRs and nearly every chain now has an app presence, making it easy to forget that the technology was rare just 10 years ago.” The portion of restaurant apps that offered mobile order-ahead as of April 2019 was 18 percent.

Innovation 57

Innovation Account Takeovers Ubiquitous Technology 57

Clearly Payments

MARCH 18, 2024

In consumer finance, the way we pay for goods and services is changing rapidly. We’ll break down the numbers, analyze the demographics, and uncover the driving forces behind the choices consumers are making when it comes to how they pay. This makes sense for situations where swiping a card might not be worth it.

Credit Cards 105

Credit Cards Federal Reserve FedNow Online and Mobile Banking 105

PYMNTS

DECEMBER 31, 2018

Ubiquitous smartphone use has changed the way consumers engage with brands. Consumers are empowered to take their own journey through each shopping experience and transaction, all the way up to POS. We’re now at the stage where consumers are demanding more say in every aspect, whether they’re shopping online or in-store.

Innovation 60

Innovation Ubiquitous Consumer On-Demand 60

PYMNTS

JANUARY 16, 2020

A good scented candle can be harder to find that the near ubiquitous availability of scented candles would indicate at first glance. The candles themselves aren’t inexpensive — a single candle costs $36, though consumers can pick up some savings by grabbing a three-pack for $89. But, Stone said, they are highly efficient.

Ubiquitous 57

Ubiquitous Consumer Product 57

PYMNTS

JULY 10, 2019

It’s also about larger eCommerce trends, given that nearly everything that Amazon does helps sets the pace for other retailers, and helps set the standards for consumer demands. In Q1 2019, we saw the mobile tipping point for order share officially arrive: Mobile is now responsible for more eCommerce orders than desktop computers,” it said.

Online and Mobile Banking 49

Online and Mobile Banking Ubiquitous Non-Bank On-Demand 49

PYMNTS

DECEMBER 3, 2019

As of the closing days of 2019, instant payments are far from an exotic product. According to the latest edition of the PYMNTS Disbursement Tracker , 64 percent of consumers have heard of instant payments and are interested in knowing more. When instant payments become available, consumers just adopt them as soon as possible.

Instant Payments 56

Instant Payments Payee Payments P2P 56

PYMNTS

JANUARY 16, 2020

Avoiding such an exodus means retailers must be flexible when developing the tools consumers use to make purchases. Verishop launched in June 2019, and [we] pretty much launched with our [BNPL] payment option,” Khan said. “It How Millennials Are Driving BNPL Growth. This group has plenty of payment and retail quirks, however.

BNPL 52

BNPL Ubiquitous Mobile Payments Product 52

Fintech Finance

DECEMBER 20, 2023

Not only does this make it easy to offer members more payment choice and greater control — it also provides Yonder two options for collecting repayments, pairing a ubiquitous, tried-and-true payment method with cutting-edge technology. VRPs are the perfect solution.

Credit Cards 52

Credit Cards Payments Ubiquitous Finance 52

PYMNTS

OCTOBER 22, 2019

Consumers own and use connected devices more than ever before, while brick-and-mortar retail is transforming the in-store experience by making it more digital. How We Will Pay 2019 showcases analysis of consumers’ ownership and usage of connected devices and their role in enabling everyday connected purchasing experiences.

Use Case 41

Use Case Ubiquitous Consumer Innovation 41