PYMNTS

AUGUST 7, 2019

Consumers can choose to either rent or return. According to the PYMNTS Automated Retail Tracker , the projected compound annual growth rate (CAGR) of the global automated retail market from 2019 to 2024 is 11 percent. Ballbox offers individual items and products in packages through the kiosks.

On-Demand 49

On-Demand Automation Checks Product 49

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

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

Fintech News

APRIL 17, 2024

But with a growing user base comes increasing competition, and a digital investment platform that offers differentiated products but still solves client investment headaches is likely to be in demand. 2 Syfe Syfe , a relative newcomer to the robo advisory landscape, has quickly made a name for itself since its launch in 2019.

Advisors 102

Advisors Online and Mobile Banking Risk Returns 102

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

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 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

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

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

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 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

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

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 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

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

NOVEMBER 5, 2020

The return of the Canaries was heralded as a glimmer of light for the industry and for holidaymakers,” she said. Travel demand continued to be significantly impacted by the virus in the third quarter, but the increased travel in the quarter along with progress on our cost initiatives led to improved financial results,” CEO Peter Kern said. “As

On-Demand 88

On-Demand Returns Procedures Consumer 88

PYMNTS

DECEMBER 11, 2020

And a little under half (44 percent) see themselves as highly unlikely to ever return to the old normal. Mao said 2020’s increased online shopping is also pushing up gift card demand among consumers looking for alternative ways to transact digitally. “We Digital Gift Cards ’ Growth. That’s a 19 percent pick-up over last year.

Posting 116

Posting Push-to-Card Debit Card On-Demand 116

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

JUNE 4, 2020

American Airlines is intending to fly 55 percent of its domestic schedule and almost 20 percent of its international schedule next month in comparison to the same timeframe in 2019, according to an announcement. After a careful review of data, we’ve built a July schedule to match.”

Blocks 52

Blocks Returns Advisors Procedures 52

CB Insights

AUGUST 26, 2021

In 2019, the firm launched a $5B Latin American Fund, as well as a second Vision Fund, which has since grown in size to roughly $30B. But SoftBank has wasted no time in seeking returns elsewhere. . It’s on track to reach 197 deals by year-end — nearly 3x its previous record in 2019. E-commerce.

Online and Mobile Banking 94

Online and Mobile Banking Participant AI Automation 94

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

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

DECEMBER 11, 2020

The program had to be up and running very quickly, and the bank faced an overwhelming deluge of demand as lenders worked to dole out funds to as many businesses as possible before funds ran out. "We Right now, we've been taking a look at 2018 and 2019 tax returns. Reading The Tea Leaves.

Posting 93

Posting Small Business Assessments Returns 93

PYMNTS

APRIL 9, 2020

In an interview with Karen Webster, Johan Gerber, executive vice president of cyber and security products at Mastercard , said that many companies are being inundated with disputes and cancellations, and with demands to refund consumers’ money — a trend that will branch out from travel and leisure verticals and into other segments.

Disputes 119

Disputes Visa Transactions Process 119

PYMNTS

APRIL 14, 2020

Other stores will work exclusively on fulfilling online grocery orders as the coronavirus pandemic accelerates demand beyond capacity. Amazon said it is working on the problem and believes it will be able to report additional progress soon, as its operations better optimize to meet demands. “In How are things going?

Adjustments 79

Adjustments On-Demand Returns Consumer 79

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 Returns Risk 55

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

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

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

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 110

FinTech Non-Bank Finance AI 110

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

JANUARY 28, 2021

The World Bank estimated that remittance flows to developing countries (low- and middle-income economies) contracted by 7 percent in 2020, compared to 2019’s $717 billion tally. Remittance outturn for 2021 could fall within a wide range between a decline and a return to the pre-pandemic growth trend.

Cross-Border 117

Cross-Border Innovation Economy Governance 117

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

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

PYMNTS

OCTOBER 22, 2020

When streaming on-demand movies at scale became viable around 2007, a new household brand name emerged: Netflix. Same for other popular series, which are all slowly returning to the networks and studios from whence they originated. Streaming services are not the only subscription providers witnessing increased demand and use.

Economy 70

Economy Origination On-Demand Returns 70