CB Insights

MARCH 19, 2019

Download the free report to learn about the biggest emerging trends in AI and strategies to watch for 2019. One of the top AI trends to watch in 2019 will be the growth of edge AI across applications. Look for increased investment to the sector in 2019 and beyond. GET the 84-page AI TRENDS report. Open Source Frameworks.

AI 78

AI Research Enrollments Cybersecurity 78

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

NOVEMBER 18, 2020

Mortgage originations, including refinances, continued on their upward trend as homeowners continue to take advantage of the low interest-rate environment,” Donghoon Lee , research officer at the New York Fed, said in the report, which tallied numbers through Sept. percent in 2019. percent in 2019. Mortgage debt hit $9.86

Credit Cards 124

Credit Cards Consumer Federal Reserve Fed 124

PYMNTS

JANUARY 6, 2021

billion in 2019, with 66 percent of that number used to pay for pet food. There weren't any hard numbers at the time of the report on how this had changed during the pandemic, but anecdotal reports said the increases continued as people sought comfort during the strange times. In 2019, Petco saw its shares go up 9 percent and hit $3.58

On-Demand 102

On-Demand Continuity Innovation Accounts 102

PYMNTS

NOVEMBER 19, 2020

percent compared to 2019 and a digital sales increase of just 27 percent. Digital continues to thrive, and as a healthy component of our business. Most importantly, our growing digital business continues to contribute to profitability. billion in 2019. The key number showed a comp store drop of 20.2 Net sales fell to $3.99

Continuity 57

Continuity On-Demand NOV Adjustments 57

PYMNTS

OCTOBER 1, 2020

Yet, many of those disbursements are neither digital nor instant and available for consumers and microbusinesses to access and spend on demand, PYMNTS’ latest Disbursements Satisfactory Report found. percent in 2019 and 9.5 The study surveyed more than 5,000 U.S. According to the data, that’s up from 12.8 percent as of 2018.

Instant Payments 122

Instant Payments Payee Same Day ACH Non-Bank 122

PYMNTS

MAY 20, 2020

Discussions are taking place with Connecticut-based L Catterton, which was a key player in Tonal’s $45 million venture capital funding round in 2019. He added that the company’s mission is to “create the first truly personalized fitness concept by delivering smart on-demand video guidance, actionable data and real-time feedback.”.

On-Demand 93

On-Demand Shutdown AI Continuity 93

Finovate

SEPTEMBER 20, 2024

In our extended conversation, we discussed TBC’s goals in Uzbekistan, nature of banking in Central Asia, what key financial services are in the most demand, as well as how enabling technologies are helping financial institutions in the region better serve their customers. This supports demand for modern digital financial services.

Innovation 122

Innovation FinTech Online and Mobile Banking On-Demand 122

PYMNTS

DECEMBER 24, 2020

From a strictly retail perspective, however, the digital shift produced three major trends, presented here with quotes from executives that appeared on our pages: direct-to-consumer sales, the continued decline of malls and department stores and the accelerated growth of Amazon, Target and Walmart. The numbers speak for themselves.

Economy 118

Economy Consumer On-Demand Shutdown 118

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

Fintech News

JANUARY 24, 2024

The criterion for inclusion was stringent: fintech startups had to exhibit a substantial revenue increase from a minimum of S$150,000 in 2019 to at least S$1.5 With S$1,198,972 in 2019 revenue rising to S$3,377,749 in 2022, Spark Systems experienced a 41% CAGR over the period. million by 2022.

FinTech 105

FinTech Payment APIs and Integration On-Demand Innovation 105

PYMNTS

MAY 21, 2020

Despite falling sales, median home prices for all housing types continued to rise in every region of the country last month to $286,800, up 7.4 percent from April 2019 when the median was $267,000. First-time buyers were responsible for 36 percent of sales in April, up from 32 percent in April of 2019. percent in the region.

On-Demand 98

On-Demand Economy Continuity 98

PYMNTS

JULY 30, 2020

billion for Q2 2019. billion for Q2 2019. billion in second-quarter 2019. On the earnings call, Chief Financial Officer Brian Olsavsky pointed out that Q2 2020’s numbers topped Q4 2019 and that Q3 would be even bigger. What that means is that we can flex into space normally used for second half peak demand.

On-Demand 95

On-Demand Volume Continuity Posting 95

PYMNTS

SEPTEMBER 29, 2020

Throughout the year, the team has successfully balanced strong demand in our stores with surging digital volume. During that time, more than 10 million new guests shopped Target.com and demand for same-day fulfillment options quadrupled. Another contender has joined the Prime Day counterprogramming battle. On Monday (Sept.

On-Demand 104

On-Demand Adjustments Volume Continuity 104

PYMNTS

AUGUST 21, 2020

And though 2019 was, well, not all that long ago, it seems like a million years ago. I don’t think we’ll ever get back entirely to where we were in 2019 on the volume of business traffic.”. For airlines, looking toward the future leads to a longing for the past. Uncertainty, we note, leads us to seek certainty.

Returns 116

Returns Volume On-Demand Continuity 116

PYMNTS

OCTOBER 11, 2020

While this in part can be attributed to ongoing supply-side interruptions, the speed of the recovery is also held back by a lack of buoyancy in demand conditions. percent below the same figure at the end of 2019, he said, and "economic activity is foreseen to return to pre-pandemic levels only towards the end of 2022.".

Central Bank 96

Central Bank Assessments Consulting On-Demand 96

The Fintech Times

SEPTEMBER 27, 2024

Access to capital is a significant challenge for micro, small, and medium enterprises (MSMEs), despite high demand. Wave Money played a key role in increasing mobile connectivity, with penetration rates soaring from 10 per cent in 2014 to 95 per cent by 2019. The Covid-19 pandemic had a significant impact on Myanmar’s economy.

Financial Inclusion 102

Financial Inclusion FinTech Underserved Central Bank 102

PYMNTS

AUGUST 14, 2020

Juliet Anammah , chairwoman and head of institutional affairs at Jumia, previously told PYMNTS those tailwinds have started blowing stronger during the past few months as the global public health crisis has increased the volume on demand for digital payments, eCommerce and new series of transaction experiences throughout Africa.

Volume 101

Volume On-Demand Digital Payments Addressing 101

PYMNTS

AUGUST 28, 2020

The Wall Street Journal reports that the layoffs represent 25 percent of the company’s pre-COVID workforce of 68,000, as the global travel slowdown continues to hurt the casino industry’s recovery from COVID-19. But MGM said it still plans to bring those workers back on-staff as business demand ramps back up. employees on Friday (Aug.

Economy 99

Economy On-Demand Laws Continuity 99

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 96

Digital Payments Push-to-Card Cross-Border Payments 96

PYMNTS

DECEMBER 28, 2020

Anthony Tan , Grab co-founder and chief executive officer, is looking to secure his title for life as the Singapore delivery and rideshare platform continues to move forward in its merger with rival Gojek , based in Indonesia. 28), citing sources. 28), citing sources.

Posting 99

Posting On-Demand Governance Government 99

PYMNTS

NOVEMBER 13, 2020

13), which shows heady growth, continued but narrowing losses and a hyper-competitive business environment. This speaks to the strength of a platform model, where bringing supply and demand together – and having the infrastructure in place to get supply where it needs to go – can be flexible enough to expand horizontally.

On-Demand 97

On-Demand NOV Consumer Continuity 97

PYMNTS

DECEMBER 29, 2020

That was already in demand before the pandemic, but has seen expedited growth as the pandemic forced many companies to work from home. million at the same time in 2019 and $289.6 Qualtrics was acquired by SAP two years ago, but it filed paperwork with the SEC Monday (Dec. 28) to strike out on its own as a separate company.

On-Demand 95

On-Demand Acquirers Continuity Product 95

PYMNTS

DECEMBER 31, 2020

Key Data Points: Consumers are performing 12 percent more activities at home in 2020 than they did in 2019 and making purchases during 12 percent of those activities, on average. Main Street small- to medium-sized businesses’ (SMBs’) confidence of survival has progressed as the pandemic has continued. 31 percent bank via app.

Innovation 111

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

CB Insights

JUNE 17, 2020

Continuous & remote diagnostics. Finance: Demand for contactless options accelerates digital adoption. Life after Covid: Continuation or backlash? From healthcare to education to entertainment to manufacturing, technology innovators are stepping forward to help answer that question. Table of Contents. Telehealth technology.

Posting 101

Posting Technology Online and Mobile Banking On-Demand 101

The Fintech Times

FEBRUARY 17, 2024

Innovation is driven internally by what our internal needs and demands are, instead of what the customer needs.” While the allure of innovation is undeniable, the question arises: should organisations prioritise refining existing offerings through evolution before embarking on revolutionary ventures?

Innovation 129

Innovation FinTech Underwriting Risk 129

PYMNTS

AUGUST 5, 2020

percent over 2019. We experienced unprecedented demand in Q2 and saw record numbers of new and repeat customers choose Wayfair,” said Niraj Shah , Wayfair CEO, co-founder and co-chairman. million as of June 30, 2020, an increase of 46 percent over 2019. percent in 2019. Wayfair announced on Wednesday (Aug. billion to $4.3

Continuity 67

Continuity On-Demand Transactions 67

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. This growth trajectory has continued, with 2023 seeing e-commerce sales surpass $5 trillion for the first time. billion in 2019.

Cross-Border 89

Cross-Border Processors Multi-Currency Contactless Payments 89

PYMNTS

JULY 7, 2020

This will continue to be a critical and fundamental area for any payment provider, large or small.” The pandemic has also refocused client demand on doing business through digital-only solutions. There has been tremendous usage on an annual basis between March 2019 and March 2020, with API volumes multiplying four times.

Innovation 110

Innovation Non-Bank Economy Treasury 110

PYMNTS

AUGUST 5, 2020

The revenue and gross profit benefited from an increase in active bitcoin users as well as growth in customer demand for the service. Cash App launched bitcoin deposits in June 2019. million in revenue in the first quarter of 2019. The app boasted 30 million users in June — that’s up from 26 million at the close of 2019. “We

Cryptocurrency 91

Cryptocurrency Bitcoin Direct Deposit Addressing 91

Fintech News

AUGUST 21, 2024

This digitally savvy demographic cohort not only demands convenience but also expects personalized, intuitive, and secure payment solutions tailored to their preferences. Nevertheless, this is still a payment trend to watch, as it continues to gain traction and adoption in the APAC region over the years. million users.

Payments Trends 100

Payments Trends Digital Payments Payments Instant Payments 100

CB Insights

FEBRUARY 20, 2020

All told, they raised over $15B in 2019, in addition to forging new high-profile partnerships, spinning off new ventures, and evolving their products and strategies. GET THE 102-PAGE q4 2019 FINTECH TRENDS REPORT. Nearly 50% of 2019 funding was concentrated in 83 mega-rounds ($100M+) totaling $17.2B. Click to enlarge. .

FinTech 80

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

PYMNTS

JUNE 17, 2020

For consumer attitude and preference, the report found that convenience continues to rule current shopping behaviors as more than half of consumers said they were willing to spend more to get what they need. As of 2019, stores still accounted for a staggering 85% of retail sales,” the report says.

On-Demand 92

On-Demand Consumer Volume Accounts 92

PYMNTS

JANUARY 8, 2021

Retailers with streamlined online ordering earned increased revenue during the pandemic, while merchants — even popular ones — unable to keep pace with audience demand and expectations did not. The Checkout Conversion Index offers a few critical points to keep in mind. It’s All About Maximizing Value, Minimizing Effort . percent), however.

On-Demand 104

On-Demand Consumer BNPL Innovation 104

PYMNTS

JANUARY 27, 2020

The Business Email Compromise (BEC) continues to evolve. BEC is not the only cyberattack causing corporate losses, however, as ransomware threats continue to ramp up as well. Other attacks hit small businesses with demands as low as $1,500, researchers found. The city was hit with the ransomware attack on Dec.

Business Email Compromise 71

Business Email Compromise Scams Ransomware Real Time Payments 71

PYMNTS

APRIL 8, 2020

The startup raised $400 million in February and revenue nearly doubled in 2019. We will continue to invest in our team, our platform, and — most importantly — our customer community.”. “We We will continue to invest in our team, our platform, and — most importantly — our customer community.”. according to the report.

Point-of-Sale (POS) 85

Point-of-Sale (POS) On-Demand Governance Government 85

PYMNTS

DECEMBER 26, 2018

Almond recently gave PYMNTS a few predictions for how blockchain will continue to disrupt the B2B payments ecosystem in 2019. “Demand from payers and ecosystem partners to use more convenient, secure, and less expensive means of payment will continue to drive adoption of digital payment processing. .

Blockchain 80

Blockchain Cross-Border B2B Payments 80