PYMNTS

JUNE 9, 2020

For example, online sales of hair coloring have more than doubled to $128 million vs. $50 million during the same period in 2019. When the pandemic hit and shut down hair salons along with other businesses nationwide, the effect on personal aesthetics started out as something of a joke. But as quarantines dragged on, many U.S.

Returns 57

Returns On-Demand Consumer Consulting 57

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

PYMNTS

AUGUST 21, 2020

And though 2019 was, well, not all that long ago, it seems like a million years ago. More recently, the executive said on Fox Business News that a return to previous travel volumes would hinge on a vaccine. I don’t think we’ll ever get back entirely to where we were in 2019 on the volume of business traffic.”.

Returns 116

Returns Volume On-Demand Continuity 116

Fintech Finance

JANUARY 18, 2024

He previously served as Boku’s Chief Financial Officer between 2011 and 2014 and again between 2017 and 2019, seeing the company through soaring demand and its IPO. Neal returned to Boku in 2022, where as Chief Business Officer of Boku’s Identity Division, he led the division’s growth and acquisition by Twilio.

Non-Bank 52

Non-Bank Payment Solutions Returns Accounts 52

PYMNTS

DECEMBER 3, 2020

and Macy’s as it struggled with the unprecedented demand from the pandemic-driven eCommerce surge. A UPS spokesman told the WSJ that the company will pick up packages from customers whose “demand exceeded allocated space” once more capacity becomes available. “We 31, 2019), the pre-pandemic period (Jan. Hot Topic Inc.,

On-Demand 62

On-Demand NOV Returns Volume 62

Fintech News

AUGUST 19, 2024

Over in this region, Singapore’s DBS Digital Exchange (DDEx), backed by Southeast Asia’s largest banking group, DBS Bank, is set to tap on the growing demand for what it calls a “bank-grade, trusted and licenced platform that offers a complete suite of digital asset services across trading, custody and security token offerings.”

Accreditation 115

Accreditation Bitcoin Cryptocurrency Best Practices 115

PYMNTS

MARCH 20, 2020

million units in the month of February 2019, to 61.8 Smartphone demand collapsed in Asia last month due to the COVID-19 outbreak, and this dragged down shipments across the world,” said Linda Sui, director at Strategy Analytics. Supply and demand of smartphones plunged in China, slumped across Asia and slowed in the rest of the world.

On-Demand 70

On-Demand Consulting Returns Economy 70

PYMNTS

DECEMBER 3, 2020

and Macy’s as it struggled with the unprecedented demand from the pandemic-driven eCommerce surge. A UPS spokesman told the WSJ that the company will pick up packages from customers whose “demand exceeded allocated space” once more capacity becomes available. 31, 2019), the pre-pandemic period (Jan. Hot Topic Inc., Newegg Inc.

On-Demand 64

On-Demand Returns NOV Volume 64

PYMNTS

JULY 6, 2020

While those numbers might sound impressive, the same five days in July 2019 saw nearly 12 million passengers. airlines planned to boost flight schedules to prepare for the summer after customer demand increased. airlines planned to boost flight schedules to prepare for the summer after customer demand increased. Last month, U.S.

On-Demand 55

On-Demand Procedures Risk Returns 55

PYMNTS

MAY 20, 2020

Coke isn’t sure yet how people’s spending habits will unfold as life starts to return to a new normal post-pandemic, Quincey said. In China, for example, demand for Coca-Cola products have not yet rebounded to pre-pandemic levels even though stay-home mandates began lifting last month. .

Posting 91

Posting Federal Reserve On-Demand Returns 91

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 46

On-Demand Volume Adjustments Small Business 46

PYMNTS

NOVEMBER 25, 2020

With our teams focused on sales growth and returning to profitability, we’ve made investments in demand generation that are driving engagement, particularly in this dislocated market as customers are looking to trusted brands to provide easy and safe shopping options,” Gap Inc. billion at Q3 2019’s end. billion in net sales.

NOV 68

NOV On-Demand Returns Continuity 68

PYMNTS

OCTOBER 23, 2020

As it turns out, kids locked down and attending virtual school from their bedrooms are looking for ways to fill their time — which in turn has led to a return to toy buying among parents. It is a return, because for the last several years toys sales have been slumping. Barbie gross sales rose 29 percent in Q3, to $532.2

On-Demand 86

On-Demand Returns Consumer 86

PYMNTS

JANUARY 15, 2021

According to Delta Airlines CEO Ed Bastian, while pre-COVID volumes and travel practices may never fully return, the road to recovery has begun. At the same time, just 7 percent of Delta’s large business travel customers said they would never return to pre-COVID levels. Farm Stays vs. Times Square.

Returns 108

Returns On-Demand Volume Continuity 108

PYMNTS

MARCH 13, 2020

The Portland-Oregon-based company has quietly become a rainmaker in the space, raising $319 million from investors in Q4 2019 alone, bringing its private equity take to nearly $527 million to date. We look at demand, we look at demand velocity and all those things go into how we price,” Milne said, “and we get a better return for our owners.

AI 64

AI Returns Direct Deposit ACH 64

PYMNTS

AUGUST 20, 2020

Despite strong demand for food delivery in India due to dining restrictions wrought by COVID-19, transactions are below pre-pandemic levels because of a supply problem — many restaurants remain closed, delivery company Zomato concluded in a new report. As for Zomato itself, the pandemic appears to have driven an increase in overall demand.

Authorization 80

Authorization On-Demand Research Returns 80

PYMNTS

JULY 28, 2020

The latest forecast from the International Air Transport Association (IATA) has airlines grappling with reduced demand until at least 2024 – and that’s the best-case scenario. For the current year, IATA’s forecasters see a decline in revenue passenger kilometers of 55 percent compared with 2019.

Volume 56

Volume On-Demand Economy Returns 56

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. 12, displayed a sharp drop in profits, but a return to sales growth.

NOV 41

NOV Adjustments Procedures On-Demand 41

PYMNTS

JULY 24, 2020

Reuters reports retail sales returned to near pre-COVID-19 lockdown levels last month when so-called non-essential stores in England reopened. But other data indicates people remain cautious about returning to bars and restaurants. percent higher in June compared to June 2019. Sales were off 1.6

Volume 75

Volume Returns Non-Bank Consulting 75

PYMNTS

DECEMBER 31, 2020

According to PYMNTS/Visa How We Will Pay data, three times as many consumers grocery-shopped from home in 2020 than they did in 2019. As of 2019, nearly three-quarters of Americans shopped for groceries on weekends. That’s evidently what consumers are demanding. But the return of one old habit does not a full return make.

Returns 94

Returns Consumer On-Demand PayPal 94

PYMNTS

SEPTEMBER 4, 2020

4), CEO Brian Chesky — who said as of the pandemic that travel as we know it is “over” — said in a recent interview with the news outlet that when it comes to getting where we want to go once the pandemic is done, “some things will return and some won’t.”. To that end, as reported by Bloomberg , Friday (Sept.

Returns 86

Returns On-Demand Volume Continuity 86

PYMNTS

JANUARY 14, 2021

We noted in this space , toward the end of last year, that the advent of vaccines would spur a return to “normal” life, toward large-scale gatherings, among them trade shows and events. But there is evidence of pent-up demand. Zoom calls have replaced confabs. The ripple effects have been and will continue to be palpable.

Returns 68

Returns NOV Correspondent On-Demand 68

PYMNTS

AUGUST 7, 2020

“With the normalization of our processing capacity and the evolution of our supply acquisition strategy, we are now laser focused on returning to sustained growth.”. Wainwright said she is optimistic that the company could return to 2019 sales levels in Q3 and is confident that 2020 will end on a positive note.

Returns 60

Returns On-Demand Innovation Process 60

Fintech News

JUNE 10, 2024

Established in 2019, Credflow provides tools for micro, small and medium-sized enterprises (MSMEs) to analyze business data and automate payment reminders. Founded in 2019, CWC uses technology such as a WhatsApp bot for credit scoring to minimize the application process and make it easier for people without credit histories to get loans.

FinTech 125

FinTech Non-Bank Finance AI 125

PYMNTS

JANUARY 9, 2020

The hacker gang Sodinokibi , also known as REvil, reportedly demanded $6 million in return for encrypted customer data. Sodinokibi first came on the scene in April 2019 and reportedly offered criminal gangs the opportunity to rent and customize its ransomware in return for a percentage of the profits.

Ransomware 52

Ransomware Encryption Returns Compromise 52

PYMNTS

APRIL 23, 2020

One 73-year-old Connecticut resident is wondering if she’s eligible for payment based on her 2018 or 2019 tax returns after being laid off from a nonprofit. But citizens’ attempts to check on those statuses, or even to add bank account information to make the payments come faster, have not always been successful.

IRS 70

IRS Checks Direct Deposit On-Demand 70

PYMNTS

FEBRUARY 18, 2020

People returned to work across China on Monday (Feb. In a recent earnings call about 2019 Q4, Alibaba indicated that the outbreak was going to negatively affect its revenue moving forward. Although demand has been up for goods delivered from places like supermarkets, stores were closed and delivery capacity was hindered.

On-Demand 64

On-Demand Returns Governance Government 64

PYMNTS

DECEMBER 11, 2020

In the How We Will Pay: Connected Commuters research brief, PYMNTS details how mobility is driving demand for connected-commerce experiences. consumers between March and September to better understand the demand for buy now, pay later options among millennials and how it fits into their overall online credit mix.

BNPL 70

BNPL Online and Mobile Banking Credit Cards Community Banks 70

PYMNTS

JANUARY 13, 2021

million in 2019, Poshmark made $21.1 million active users spent an average of 27 minutes a day on the site in 2019. According to a thredUP report released in late 2020, the resale market grew 25 times faster in 2020 than the overall retail market did in 2019. After losing $14.5 million in 2018 and $48.7 million in the Sept.

BNPL 67

BNPL On-Demand Consumer Returns 67

PYMNTS

NOVEMBER 3, 2020

The travel industry has been reporting a slow increase in demand that’s leading to a rebound in revenues, as well as the possibility of increased capacity for hotels, car rentals and airlines. Still, she cautioned, demand has largely plateaued, with little growth week over week: “So that's a little concerning.”. Hotels Hit 50 Percent.

On-Demand 63

On-Demand Rules Returns Consumer 63

PYMNTS

MARCH 30, 2020

For most SMBs , 2019 was a banner year, and 2020 was expected to be nothing less than spectacular. Two-thirds (66 percent) of SMBs expected to see their revenues grow beyond — even well beyond — what they had booked in 2019. Consumer spending was strong, as were their household balance sheets. In other words, not right away.

On-Demand 92

On-Demand Credit Cards Returns Shutdown 92

PYMNTS

JUNE 23, 2020

In an interview with Bloomberg , Gass said that in light of new demands on retailers, Kohl’s employees demonstrated nimbleness in finding ways to create safe distances between employees and customers as stores reopened following pandemic-driven closings. trough in early April. Target (NYSE:TGT) shares closed at $122.43 Walmart Inc.

On-Demand 71

On-Demand Returns Continuity Posting 71

PYMNTS

APRIL 29, 2020

Noting that, “Our job [at Visa] is to make [digital] adaptations as easy, seamless, secure and fast as possible,” Forestell said business will return after the crisis abates, but it will be different. percent in 2019 to 56.4 percent in 2019 to 32.1 “I just don’t think anything like that is going to happen.

Posting 69

Posting Payments Assessments Consumer 69

PYMNTS

OCTOBER 8, 2020

The app allows consumers to virtually try on makeup products in real time via live camera mode, delivering an improved online makeup shopping experience at a time when people are still wary of returning to stores, especially for a high-touch activity such as cosmetics. It is designed to offer beyond 300 miles of range on a full charge.

CHIPS 83

CHIPS On-Demand Technology Product 83

PYMNTS

OCTOBER 1, 2020

To contend with increasing digital demand, H&M said it would increase its efforts to bolster digital investment. Furthermore, GlobalData’s Sofie Willmott indicated that the retailer’s sales last month "fell just 5 percent demonstrating the relevance of its product offer as shoppers start to feel more confident returning to stores.”.

Advisors 56

Advisors Returns On-Demand Research 56

PYMNTS

JANUARY 28, 2020

New York startup Bond , formed in 2019, has raised $15 million in a funding round from contributors Lightspeed Venture Partners, MizMaa Ventures and TLV Partners, according to reports. The firm also offers an application programming interface (API), which companies can program into their own eCommerce apps or websites.

Small Business 52

Small Business On-Demand Returns API 52

PYMNTS

MAY 7, 2020

The coronavirus crisis will force the industry to think more creatively and innovate even faster to meet a host of new consumer demands and channel constraints.”. Among those who are shopping more online, just one-third said they will return to stores to shop when they reopen. It will take time for the market to recover.

Returns 60

Returns On-Demand Authorization Consumer 60