PYMNTS

APRIL 16, 2019

Consumer loans, on the other hand, were up 3 percent, while loans to businesses picked up 4 percent year on year – both of which drove increased revenue through higher U.S. However, the bank’s trading desks were sluggish, weighed down by the early 2019 U.S. On the debit front, BoA reported first-quarter debit purchase volume of $78.5

Zelle 61

Zelle Transactions P2P Mobile Banking 61

PYMNTS

SEPTEMBER 15, 2020

Retail spending may be helping to spur freight volumes, and to push already lofty pricing higher. That’s because consumer demand is picking up, but retail inventories are relatively low. Against that backdrop, spot markets, which comprise about 10 percent to 15 percent of volumes, have been tight.

On-Demand 56

On-Demand Volume Push-to-Card Credit Cards 56

PYMNTS

SEPTEMBER 15, 2020

Retail spending may be helping to spur freight volumes, and to push already lofty pricing higher. That’s because consumer demand is picking up, but retail inventories are relatively low. Against that backdrop, spot markets, which comprise about 10 percent to 15 percent of volumes, have been tight.

On-Demand 56

On-Demand Volume Push-to-Card Credit Cards 56

PYMNTS

JULY 29, 2020

Zelle has become an everyday essential for consumers who need to send and receive money fast,” said Lou Anne Alexander, Early Warning’s chief product officer, in the release. In January, before the pandemic, Zelle reported its payments increased 76 percent year over year in the fourth quarter of 2019. billion using Zelle.

Zelle 56

Zelle Consumer Payments Enrollments 56

PYMNTS

DECEMBER 11, 2018

Give a deep and welcoming hello to the newest form of window shopping — a consumer behavior that will help to shape retail in 2019 and beyond, and a trend that stands as an increasing part of shopping, one that promises to impact brick-and-mortar merchants as they decide how to innovate.

Online and Mobile Banking 68

Online and Mobile Banking Blockchain Venmo P2P 68

PYMNTS

APRIL 9, 2020

exhashes per second that comprised for approximately 20 percent of the computing power growth of the bitcoin network in 2019. Fold will now have the ability to provide a co-branded Visa card that lets consumers receive bitcoin rewards via Fast Track. Canaan said it sold overall computer power of 10.5

Bitcoin 70

Bitcoin Returns Volume Consumer 70

PYMNTS

FEBRUARY 13, 2020

Payment processing was good to financial transaction provider WEX in 2019, as the company reported double-digit growth for the year in its earnings report today. The Wex Health Cloud is the company’s cloud-based platform that helps companies manage healthcare benefits, HSAs and spending cards for consumer usage. healthcare business.

Volume 60

Volume B2B Caps Transactions 60

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.”. They have to be creative.

Consumer 84

Consumer Shutdown Volume Product 84

PYMNTS

DECEMBER 6, 2019

25%: Year-over-year growth in Dunkin’s on-the-go mobile order volume. 88%: Growth in Chipotle’s digital orders in Q3 of 2019. $4B: 4B: Amount of McDonald’s sales estimated to come from delivery by the end of 2019. Data: 10%: Share of Wendy’s total top line projected to originate from digital orders by 2024. 16: Number of U.S.

Consumer 53

Consumer Origination AI Volume 53

PYMNTS

JULY 29, 2020

Zelle has become an everyday essential for consumers who need to send and receive money fast,” said Lou Anne Alexander, Early Warning’s chief product officer, in the release. In January, before the pandemic, Zelle reported its payments increased 76 percent year over year in the fourth quarter of 2019. billion using Zelle.

Zelle 58

Zelle Consumer Enrollments Payments 58

PYMNTS

JULY 14, 2020

Big banks kicked off the second-quarter earnings season Tuesday (July 14) by reporting COVID-weakened consumer banking revenues, but bright spots in trading and digital. Citigroup reported global consumer-banking revenues of $7.3 Citigroup reported global consumer-banking revenues of $7.3 Also, consumer loans dropped $15.7

Consumer 63

Consumer Online and Mobile Banking Credit Cards Volume 63

The Fintech Times

JULY 31, 2024

per cent of the global real-time payments volume. India’s instant payment system, Unified Payments Interface (UPI), has seen a tenfold increase in volume over the past four years, increasing from 12.5 billion transactions in 2019 to 131 billion transactions in 2023 – 80 per cent of all digital payment volumes.

Real Time Payments 59

Real Time Payments Cross-Border Volume Financial Inclusion 59

PYMNTS

MARCH 30, 2020

Amid the coronavirus pandemic, PSCU compared transactions of its owner credit union members on a same-store basis between March 2019 and March 2020. Supermarkets/grocery stores experienced the largest rise in spend and transaction volume. The consumer goods space notched an overall increase of 9.2 percent drop.

Debit Card 56

Debit Card Consumer Credit Union Credit Union Service Organization 56

PYMNTS

OCTOBER 9, 2020

found that 32 percent of consumers have been targeted by some type of pandemic-related fraud , for example. It also explores what tools or technologies banks, merchants or other entities could use to enhance their email verification and general onboarding process as the volume of fraud attempts continues to grow.

Verification 83

Verification Consumer Online and Mobile Banking Scams 83

PYMNTS

JUNE 3, 2020

The COVID-19 pandemic and safety measures taken to slow the virus’s spread have overturned consumers’ daily lives, including what they are buying and which payment methods they are using to transact. These changes have presented consumers with new economic conditions and created different purchasing priorities. Grocery Spending Climbs.

Consumer 55

Consumer Debit Card Credit Cards Credit Union Service Organization 55

PYMNTS

JULY 28, 2020

For the current year, IATA’s forecasters see a decline in revenue passenger kilometers of 55 percent compared with 2019. Consumer confidence is depressed and not helped by the U.K.’s June 2020 traffic was off 86.5 percent compared with a year ago. “What improvement we have seen has been domestic flying.

Volume 56

Volume On-Demand Economy Returns 56

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 At the FPC, we are tackling this issue head on.

Cross-Border 68

Cross-Border Faster Payments Cross-Border Payments FPC 68

FICO

JANUARY 25, 2019

The Australian Competition and Consumer Commission (ACCC) handed down its final report on the Residential Mortgage Pricing Inquiry and it certainly had a lot to say about the current pricing of Australian home loans. Product packaging and service proposition are also important factors when consumers are considering lenders.

Caps 74

Caps Returns Governance Government 74

The Fintech Times

SEPTEMBER 7, 2024

Over the last six months, Ant Group has seen the number of international users of its mobile payment services in China quadruple, driven by the launch of the ‘International Consumer Friendly Zones’ programme in March, which has now expanded to 70 Chinese cities.

Cross-Border 59

Cross-Border Mobile Payments Cross-Border Payments Payment Solutions 59

PYMNTS

DECEMBER 24, 2019

For the annual holiday exercise at PYMNTS (describing the 12 main or most exciting ways to pay in 2019), it is clear that what has happened this year will have big implications for the new decade. Here are the 2019 payment trends that made the biggest splash, and promise to make even bigger splashes in the new decade. #1:

Consumer 64

Consumer Zelle P2P Real Time Payments 64

PYMNTS

APRIL 12, 2019

One key driver: Continued strength in the consumer division, marked by credit card use and deposit growth. Drilling down into the consumer unit, the company said core consumer loan volume was up 3 percent. The company’s card sales volume in the quarter was $172.5 a share, topping the Street by 30 cents.

Volume 43

Volume Credit Cards Community Banks Consumer 43

The Fintech Times

MAY 1, 2024

The current economic landscape across the UK continues to increase pressures on consumer pockets. per cent) also saw an increase in the volume of complaints. Could a lack of any significant reduction in the number of complaints since the beginning of 2021 suggest that firms are struggling to cater to consumers in the way they need?

Consumer Financial Protection Bureau (CFPB) 59

Consumer Financial Protection Bureau (CFPB) Volume Consumer On-Demand 59

PYMNTS

DECEMBER 4, 2020

The bank also processed record-breaking online and mobile payment transactions on Cyber Monday, up nearly 25 percent over 2019. with 2019 transaction volume exceeding $1.5 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

Online and Mobile Banking 115

Online and Mobile Banking NOV Treasury Processors 115

PYMNTS

DECEMBER 21, 2018

There is a growing chorus of voices that eschew credit as a “dangerous trap” that lures consumers into spending more than they can afford, in part, they say, because credit products are designed to make repayment expensive and therefore difficult. Of course, the reality is that most people can’t. Making The Credit Conversation About Choice.

Consumer 74

Consumer Credit Cards Product Underwriting 74

PYMNTS

FEBRUARY 3, 2020

Fraudsters have flocked to online marketplaces with the same zeal as legitimate consumers, taking full advantage of such platforms’ anonymity and transaction speeds. These identification tools are rapidly becoming obsolete as high-volume breaches expose thousands of consumers’ personally identifiable information (PII), however.

AI 53

AI Security Consumer Fraud Detection 53

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

NOVEMBER 4, 2019

Consumers have a bad case of app fatigue. There was a time when consumers were eager to download and experiment with apps that could offer new, unique connected shopping experiences, but that time seems to have come to an end. In the age of app fatigue, are there any connected commerce experiences that are grabbing consumers attention?

Consumer 43

Consumer Use Case Volume Participant 43

CB Insights

NOVEMBER 22, 2021

South Africa-based Ozow automates the online payment process for merchants and consumers. The company has experienced 100% growth YoY since 2019, and it processes over $100M in transaction volume on a monthly basis. The company caters to over 47M account holders. Ozow sees 140K new users each month.

Payment Gateways 76

Payment Gateways Gateways Online Payment Processing Payments 76

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

PYMNTS

NOVEMBER 4, 2019

P2P payment services are stretching their wings, headed into the new decade with mostly robust growth – and even some new plans to gain customers and keep a tight hold on existing consumers. For starters, Zelle ’s Q3 results show that its year-over-year payment values increased by 58 percent, while transaction volumes rose by 73 percent.

P2P 40

P2P Zelle Venmo Consumer 40

PYMNTS

DECEMBER 18, 2020

Poshmark is a popular site for consumers to sell secondhand clothes, relying on a heavy social media aspect in which buyers and sellers interact and share “likes” about items instead of just conducting commerce. “We million in 2019, Poshmark made $21.1 That’s up 28 percent from the same 2019 period. After losing $14.5

Volume 92

Volume Consumer Posting Technology 92

PYMNTS

DECEMBER 28, 2020

The numbers were up quite a bit from the first half of the year, which showed renewed strength in business and consumer shopping habits. 28) on CNBC, said the cargo volume is up 50 percent. In November, the port logged 890,000 20-foot-equivalent units of shipments, a 22 percent increase from the same month in 2019.

Volume 82

Volume On-Demand Consumer 82

FICO

MARCH 25, 2020

Home Credit , a global non-bank consumer lender, has successfully reduced its credit risk while maintaining loan volumes and keeping approval rates steady by incorporating the FICO® Score X Data to optimize its loan process in China. For its achievement, Home Credit was awarded the 2019 FICO® Decisions Award for Financial Inclusion.

Risk 97

Risk Financial Inclusion Point-of-Sale (POS) Risk Assessment 97

PYMNTS

OCTOBER 23, 2020

22) that domestic card average loans fell in Q3, as consumers spent less and saved more amid the pandemic. “In In the current environment, consumers continue to behave cautiously, spending less, saving more and paying down debts. Capital One said its domestic cards’ average loans fell 6 percent compared to Q3 2019 to $97.3

Adjustments 70

Adjustments Consumer Volume Continuity 70

PYMNTS

APRIL 27, 2020

Shipments and spending were down in the first quarter of 2020 compared to the fourth quarter of 2019, according to the U.S. Despite the strong movement of consumer staples during the second half of March, both the shipment and spend indexes contracted from Q4 2019,” the report said. Bancorp Freight Payment Indexes.

Shutdown 52

Shutdown Payments Volume On-Demand 52

PYMNTS

JANUARY 30, 2020

Visa ’s fiscal first-quarter results showed an acceleration of cross-border volumes, while contactless payments continued to gain ground in the U.S. The company said that payments volume was up 8 percent year over year to $2.3 The company said that payments volume was up 8 percent year over year to $2.3 and beyond.

Contactless Payments 91

Contactless Payments Transactions Cross-Border Volume 91

PYMNTS

JULY 24, 2020

In June, sales volumes increased by 14 percent from May, surpassing forecasts in a Reuters poll of economists. Overall sales volumes rose to within 0.6 Overall sales volumes rose to within 0.6 But when fuel sales, which have dropped as residents stay home, are excluded, volumes were 2.4 percent of February’s level.

Volume 75

Volume Returns Non-Bank Consulting 75