PYMNTS

DECEMBER 11, 2020

After nearly a year of social distancing and staying at home, cabin fever is really starting to sink in for many consumers. He said he believes that travel — hit hard by a pandemic that effectively grounded everyone’s desire to see the world — is facing the greatest pent-up demand on the planet. The only question is when.

On-Demand 96

On-Demand CRM Returns Consumer 96

PYMNTS

DECEMBER 16, 2020

The COVID-19 pandemic has been hard on everyone – consumers, businesses, government officials and healthcare workers – but the pain has been far from evenly distributed over the past nine months. Small and medium-sized businesses (SMBs) have unfortunately found themselves at or near the top of COVID-19’s 2020 hit list.

On-Demand 112

On-Demand Shutdown Returns Economy 112

PYMNTS

DECEMBER 16, 2020

and Macy’s as the shipping giant struggled with unprecedented demand from the pandemic-driven eCommerce surge. We are happy with the performance of our parcel-delivery network following the higher Cyber Week demand,” a Gap spokeswoman told The Wall Street Journal. Hot Topic Inc., Newegg Inc. Meanwhile, the U.S.

Volume 131

Volume On-Demand Consulting Consumer 131

PYMNTS

DECEMBER 28, 2020

More than 90 percent of consumers will ask for one — and of that 90+ percent, roughly 80 percent will pick an instant payment if offered the option. Consumers choose Amazon so frequently because they know they can order their goods, pay how they want and most likely get their products delivered to their doorstep the next day.

Instant Payments 121

Instant Payments Payer Consumer Debit Card 121

PYMNTS

NOVEMBER 26, 2020

Something to bear in mind in 2020, when, as was the case in 1939 when Thanksgiving got its last major revision by presidential order, Americans are celebrating the holiday facing a national crisis, deep economic uncertainty and preparing to celebrate their holiday very differently and far more digitally than they ever have before.

On-Demand 107

On-Demand Consumer NOV Continuity 107

PYMNTS

NOVEMBER 18, 2020

Americans paid off $10 billion in credit card debt in the third quarter (Q3) of 2020, but borrowed more for car and housing loans, according to a report in the Wall Street Journal (WSJ) citing the Federal Reserve Bank of New York. According to the Fed’s latest quarterly report on household debt and credit, overall consumer debt hit $14.35

Credit Cards 124

Credit Cards Consumer Federal Reserve Fed 124

PYMNTS

OCTOBER 14, 2020

When the chips are down, consumers love and trust their debit cards. consumers, regardless of whether they are shopping online or in stores, according to recent reports,” notes PYMNTS October Next-Gen Debit Tracker® done in collaboration with PULSE , A Discover Company. “One billion in value in Q2 2020, up from the $47.4

Consumer 73

Consumer Debit Card Debit Network Identity Theft 73

Clearly Payments

OCTOBER 7, 2024

As lockdowns and social distancing measures took effect, consumers were forced to adopt digital channels for shopping and payments, leading to a significant rise in e-commerce. in 2020, reaching $4.28 Consumers quickly embraced mobile wallets and tap-to-pay cards, driven by the desire to minimize physical contact during transactions.

Cross-Border 88

Cross-Border Processors Multi-Currency Contactless Payments 88

PYMNTS

NOVEMBER 30, 2020

Shopping in person has become more complex during the pandemic as consumers seek to reduce the time they spend in public. State mandates have also forced some businesses to close or limit on-premises operations, prompting such merchants to connect with consumers online instead. Virtual Card Payment Trends.

On-Demand 60

On-Demand Security Debit Card ATM 60

PYMNTS

FEBRUARY 20, 2019

Tide, the laundry brand owned by CPG Detergent, is introducing a service called Tide Cleaners, an on-demand dry cleaning and laundry service, at 1,000 locations in cities across the country, according to reports. The company’s goal is to have Tide Cleaners at more than 2,000 spots across the United States by the latter part of 2020.

On-Demand 58

On-Demand Consumer 58

PYMNTS

DECEMBER 30, 2020

This rise in digital banking directly correlates with the increased usage of other digital services, such as food delivery and telehealth appointments, and many consumers are leveraging these services for the very first time. How 2020 Impacted Digital-First Banking.

Online and Mobile Banking 96

Online and Mobile Banking Void Mobile Banking On-Demand 96

PYMNTS

AUGUST 10, 2020

Consumers have been using internet technology for everything from nonessential health services to ordering from restaurants in the last few years, especially shopping more frequently online for retail products and groceries. All the evidence suggests that payees want choice and highlights the existence of demand for instant payments.

Payee 91

Payee Instant Payments Point-of-Sale (POS) Debit Card 91

PYMNTS

JANUARY 22, 2021

Home sales rose in December, and for 2020 as a whole, we saw sales perform at their highest levels since 2006, despite the pandemic,” NAR Chief Economist Lawrence Yun said in the release. Seven in 10 residences sold in December 2020 were on the market for under one month. “To percent increase from $274,500 in December 2019.

On-Demand 58

On-Demand Consumer Finance 58

PYMNTS

OCTOBER 5, 2020

While the global pandemic has taken a toll on almost every business, consumer demand for all things touchless is surging — and has even been a driver of growth for QR codes. Although the 20-year-old technology has long enjoyed strong adoption in Asia (especially China), 2020 could go down as the year that U.S.

Contactless Payments 144

Contactless Payments Consumer PayPal Payments 144

FICO

JANUARY 30, 2020

In 2020, that’s all going to change. In 2020, I predict that AI is going to grow up, encountering new demands in the areas of responsibility, advocacy and regulation. I predict that in 2020, AI insurance will become available; companies will look to insure their AI algorithms from liability lawsuits.

AI 52

AI Due Diligence Regulations On-Demand 52

PYMNTS

DECEMBER 24, 2020

market for initial public offerings (IPOs) had a banner year in 2020 despite the pandemic — or perhaps because of it. COVID-19 was actually great news for DoorDash , as government shutdowns and consumer virus fears forced restaurants almost everywhere to eliminate dining in and switch to pickup and delivery. DoorDash ($39 billion).

Origination 92

Origination Push-to-Card On-Demand Shutdown 92

PYMNTS

SEPTEMBER 4, 2020

But even though consumers aren’t thinking about holiday shopping yet, many merchants are, Peggy Alford , PayPal ’s executive vice president of global sales, told Karen Webster in a recent discussion. Consumers have a lot of choices and they’re habituated into great deals,” she said. Obviously, preparation is going to be the key here.”.

PayPal 97

PayPal Consumer On-Demand Transactions 97

PYMNTS

NOVEMBER 19, 2020

As stay-at-home COVID-19 mandates have forced consumers to be housebound, companies that rely on subscription models to deliver their products and services are reaping the benefits. This compares to 48 percent and 73 percent of merchants, respectively, that provided such features in Q3 2020.

Consumer 66

Consumer Research On-Demand Process 66

PYMNTS

FEBRUARY 27, 2020

The restaurant business is: a) healthy for 2020 or b) apprehensive about technology. The 2020 outlook report from the National Restaurant Association was released today and it paints a picture of an industry dealing with the countercurrents of solid consumer spending and disruptive technology. All of the above.

On-Demand 60

On-Demand Technology Consumer Continuity 60

PYMNTS

DECEMBER 12, 2019

By the end of 2020, all rail lines and buses will be enabled.”. That, Sanford said, gives the MTA and the broader payments landscape reason to think that 2020 will be the year that contactless payments really take off — within the transit use case and well beyond. It’s a big leap forward, and a consequential one, Sanford noted.

Contactless Payments 66

Contactless Payments Push-to-Card Payments Use Case 66

Fintech News

AUGUST 26, 2024

In 2023, the insurtech sector in Southeast Asia saw a remarkable resurgence, marking a significant rebound not witnessed since 2020. billion and 32 transactions recorded in 2020. Consumers are becoming increasingly aware of the importance of insurance through concerted efforts from governments and companies to educate the public.

On-Demand 143

On-Demand Product Transactions Adjustments 143

PYMNTS

JULY 29, 2019

Apple won’t be the first major vendor offering a 5G smartphone, but all three iPhones scheduled for release in 2020 will accommodate the new cellular network. . The 2020 iPhones will be able to better compete with lower-priced Android phones, Kuo said. Limited 5G support is already available on $250 Android phones. . inch and 6.7-inch

CHIPS 65

CHIPS On-Demand Consumer Security 65

PYMNTS

FEBRUARY 15, 2019

To stand out from the ubiquitous ridesharing giants of the world, on-demand startups are putting a new spin on transportation services with premium membership-based offerings. From there, it seeks to grow into other cities and enter additional markets later this year or in very early 2020.

On-Demand 43

On-Demand Ubiquitous Consumer Continuity 43

PYMNTS

JUNE 30, 2020

As digital payments become ever more mainstream, consumers will demand seamless interaction with their financial institutions, which means FIs must look at ways they can pivot from branch-based experiences, yet deliver those same high-touch services through digital channels. Click here to download our free report. .

End User 107

End User On-Demand Commercial Card Instant Payments 107

PYMNTS

DECEMBER 18, 2020

Recurly CEO Dan Burkhart told Karen Webster in a recent discussion that consumers are asking themselves how to give gifts that will have lasting impacts on the intended recipients. What we have observed is to the contrary: that consumers’ discretionary spending in the form of subscriptions has actually done quite well,” he noted. “I

Consumer 120

Consumer On-Demand Checks Volume 120

PYMNTS

NOVEMBER 13, 2020

Power 2020 U.S. Consumer Financing Satisfaction Study. Consumers and Banks Both Like Online Auto Loans. Consumers are apparently so glad to dump the back-office haggle between dealer and bank that roughly one-third of car buyers are now doing the loan process online, J.D. Power, said in releasing the J.D.

Consumer 85

Consumer On-Demand Origination Enrollments 85

Fintech News

OCTOBER 21, 2024

Initiatives like QRIS (Quick Response Code Indonesian Standard), a national standard for QR code payments launched in 2019, have allowed for standardization, making it easier for businesses and consumers, while collaboration between the government and fintech firms have helped enhance financial inclusion through clear regulations.

Financial Inclusion 141

Financial Inclusion Embedded Finance Payments Push-to-Card 141

PYMNTS

MAY 25, 2020

The balance of 2020 will be notable for what Amazon does not do. For example, eSports will likely ride to the rescue of some malls, while big-concept eating conglomerates such as Eataly will be in high demand. Nike will end 2020 as a consistent retail force, commanding respect for more than the shoes. The Digital Shift.

Shutdown 64

Shutdown Returns On-Demand Governance 64

PYMNTS

SEPTEMBER 9, 2020

Fewer and fewer consumers seemed willing to join crowds of bargain hunters, who in some cases would camp out overnight in front of stores to get the first shot at deals. In this case, the driving force is retailers’ prediction of surging eCommerce demand as 2020 closes out. It’s a similar story at Amazon.

CHIPS 76

CHIPS NOV On-Demand PayPal 76

PYMNTS

OCTOBER 14, 2020

What we are seeing as we turn into October is that spending by our consumers is still solid and about 10 percent ahead of last year.”. Moynihan said America’s second-largest bank sees consumer and commercial demand continue to improve, alongside a U.S. For example, the bank’s consumer business saw 2.3

Consumer 81

Consumer Credit Cards Non-Bank On-Demand 81

PYMNTS

NOVEMBER 23, 2020

As of late October, data released by LendingTree indicated that a quarter of consumers were already finished with their holiday shopping for 2020. A pick-up in consumers looking to get the jump on the biggest shopping season of the year seems to be a certainty, with large swaths of customers buying more and earlier.

Consumer 99

Consumer Push-to-Card On-Demand Transactions 99

PYMNTS

OCTOBER 1, 2020

Not surprisingly, consumers with lower incomes had less money to spend, and accordingly, the report showed that growth of personal spending also slowed for the fourth straight month, rising by just 1 percent in August. New figures from the Bureau of Economic Analysis showed that personal income fell 2.7

Consumer 95

Consumer On-Demand PayPal Economy 95

PYMNTS

NOVEMBER 18, 2016

Census, consumers in the U.S. Bryson also discussed the particular challenges of providing an on-demand grocery system and what he sees in the industry’s future. Today’s typical grocer has nearly 50,000 individual products — ranging from chips and cookies to cleaning products — lining its shelves, according to Consumer Reports.

On-Demand 46

On-Demand CHIPS Product Research 46

PYMNTS

DECEMBER 24, 2020

Consumers, in short, entered spring 2020 realizing that their old, largely physical habits for feeding themselves were a bad fit in a world where proximity between themselves and strangers was frowned upon as a public health liability. And so, as PYMNTS data showed, those consumers changed. million consumers around the U.S.

Push-to-Card 82

Push-to-Card Consumer Innovation On-Demand 82

PYMNTS

DECEMBER 16, 2020

economy to a screeching halt in Q2 2020. This growth has come with its share of challenges, however, especially as providers aim to keep their services functioning smoothly while demand increases — sometimes exponentially. is expected to exceed 200 million in 2020 — up from the original estimate of 36 million. .

Consumer 74

Consumer On-Demand Origination Privacy 74

PYMNTS

MARCH 10, 2020

In an interview with PYMNTS, Matt Wilcox, senior vice president of payments innovation at Fiserv , said recent data points show that an increasing number of financial institutions (FIs) are determined to satisfy a real demand for real-time transactions. Building Trust .

P2P 92

P2P Real Time Payments Zelle Credit Union 92

PYMNTS

OCTOBER 22, 2018

Apple’s search ad business could be a money maker for the Cupertino, California iPhone maker in the years to come, with Wall Street firm Bernstein predicting it could reach $2 billion by 2020. Much of Apple’s upside potential, in our thinking, was centered on Chinese demand for larger screen sizes,” the analyst wrote.

On-Demand 51

On-Demand Research Consumer Posting 51