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

The Fintech Times

JANUARY 29, 2024

Pay-on-demand, which utilises digital wallets and enables workers to access their accrued earnings through mobile devices, continues to grow in popularity across the globe. Pay-on-demand, sometimes referred to as Earned-Wage-Access (EWA), is a concept that is taking off across the globe.

On-Demand 69

On-Demand Payroll Innovation Business Continuity 69

PYMNTS

DECEMBER 30, 2020

How 2020 Impacted Digital-First Banking. These digital banking trends were already well on their way before the pandemic hit, but mobile banking adoption has skyrocketed in 2020, especially among first-time users. Some experts project that more than 20,000 branches could even shut their doors for good by the end of the pandemic. .

Online and Mobile Banking 96

Online and Mobile Banking Void Mobile Banking On-Demand 96

PYMNTS

JUNE 30, 2020

One thing is certain: The seismic shifts have shone a spotlight on the fact that cash (and even plastic cards) has seen – and will continue to see – dwindling use. To get there, according to some of the executives we queried, agility is key, and responding to end users’ demands will be paramount.

End User 107

End User On-Demand Commercial Card Instant Payments 107

PYMNTS

SEPTEMBER 8, 2020

The ripple effect from 2020’s economic downturn has impacted a vast number of households and experts predict a long recovery ahead. To further intensify matters, many Americans struggle to make ends meet — even with continued employment. PYMNTS has found about 60 percent of U.S. high-interest cash advances,” he said.

On-Demand 68

On-Demand Payroll Credit Cards Risk 68

PYMNTS

FEBRUARY 5, 2020

FinTechs are keeping an eye on emerging technologies at the beginning of the year — and predicting how they will impact business-to-business (B2B) payments in 2020. And Praeger says veteran players in the FinTech space will continue to grow this year. Blockchain.

B2B 95

B2B FinTech Cross-Border Innovation 95

PYMNTS

AUGUST 10, 2020

Checks and bank account deposits can take several days to settle yet continue to serve as the main disbursement method. All the evidence suggests that payees want choice and highlights the existence of demand for instant payments. Payors know this but greatly underestimate how much payees value instant payments. .

Payee 91

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

PYMNTS

DECEMBER 18, 2020

But of course, that mode could soon end if progress on vaccines continues at a rapid pace. There could be less subscription demand once consumers can go to barbecues and movies in person and are less bound to their homes for safety reasons. He said many are finding that subscriptions are an ideal to check that box. The World In 2021 .

Consumer 120

Consumer On-Demand Checks Volume 120

PYMNTS

SEPTEMBER 4, 2020

We are seeing a real change in the set-up of the stores and the capabilities for fulfillment that’s driven by changing consumer demands.”. Consumer demand right now is for responsible credit options,” Alford said. But this year, Alford noted that many brick-and-mortar stores have already said they won’t open on Thanksgiving.

PayPal 97

PayPal Consumer On-Demand Transactions 97

The Fintech Times

APRIL 25, 2024

Continuous transaction controls (CTCs) have been introduced by numerous tax authorities to obtain business transactions in real-time or near real-time to improve the speed and accuracy of tax collection efforts. Continuous transaction controls (CTCs). The result?

Continuity 69

Continuity Near Real-Time Compliance Authorization 69

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.

P2P 92

P2P Real Time Payments Zelle Credit Union 92

PYMNTS

JULY 14, 2020

The following is an excerpt from How 35 Execs Are Powering The Great Digital Shift Of 2020 (And Beyond) , contributed by David Nachman , CEO at FastSpring. The opportunities I see emerging in the second half of 2020 are centered around business reinvestment in growth, product development and business model adaptation.

Innovation 135

Innovation Product On-Demand Global Payments 135

PYMNTS

JANUARY 6, 2021

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 2020, same-store sales spiked by 9.6 The company, as such, set its sights on going public in December.

On-Demand 102

On-Demand Continuity Innovation Accounts 102

FICO

JANUARY 6, 2021

We expect an increased need for digital-led payment plans and a higher demand for loan modification so the longer-term financial impacts can be worked through. Posts dealing with debt collection were among the most popular on the FICO Blog last year, for obvious reasons. What circumstances drove their reduction of income? Redundancy?

Posting 98

Posting Credit Risk Risk Returns 98

PYMNTS

JANUARY 5, 2021

3), compounding its 2020 rally that catapulted it to quadruple as big U.S. Bitcoin had seen a string of days in which it continually broke records, passing $20,000 on Dec. Trading volumes on cryptocurrency exchanges have been doing extraordinarily well this week, hitting a new record volume of $68.3 billion, Reuters reported.

Volume 131

Volume Bitcoin Cryptocurrency Digital Currency 131

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

SEPTEMBER 9, 2020

In this case, the driving force is retailers’ prediction of surging eCommerce demand as 2020 closes out. In fact the values reset around several issues may be one of the defining characteristics of Holiday 2020.". Instead, Black Friday seems likely to go mostly online — and run far longer than just a single day.

CHIPS 76

CHIPS NOV On-Demand PayPal 76

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. Credit inquiries over the past six months — a sign of credit demand — was down slightly to 122 million.

Credit Cards 124

Credit Cards Consumer Federal Reserve Fed 124

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. We’ve seen a massive increase in demand for eCommerce for our business. Expect The Uncertain.

Push-to-Card 82

Push-to-Card Consumer Innovation On-Demand 82

PYMNTS

DECEMBER 18, 2020

The company said that those factors were offset, in part, by expenses to help with formidable demand and to grow services, pandemic-related costs and “variable compensation expense.”. billion in adjusted revenue reported for Q2 fiscal 2020. FedEx reported on Friday (Dec. For Q2 fiscal 2021, FedEx reported $4.83 in diluted EPS on $17.3

Volume 105

Volume Adjustments On-Demand Returns 105

The Fintech Times

FEBRUARY 6, 2024

Having only made its first loan shortly prior to the covid lockdown in March 2020, Allica Bank has revealed that over 40 per cent of its total lending, totalling around £820million, was achieved in 2023 alone. In addition, Allica offers business mortgages and asset finance.

Continuity 59

Continuity On-Demand Finance Accounts 59

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. The study surveyed more than 5,000 U.S. Fast Fact No. 2: Payors think they offer receivers a choice for how they want to receive a payment.

Instant Payments 122

Instant Payments Payee Same Day ACH Non-Bank 122

PYMNTS

SEPTEMBER 3, 2019

Uber removed the uncertainty of getting a taxi and the planning required to book a ride by making reliable, high-quality and trackable car service available on demand. In 2009, the Uber app introduced consumers to a whole new way of getting transportation and a way for black-car drivers with the capacity to serve them.

Innovation 89

Innovation Credential Payments Consumer 89

Fintech Finance

OCTOBER 28, 2024

Through its long-standing partnership with global embedded financing platform YouLend, Dojo has extended over £1 billion in flexible funding since 2020. Our success with Dojo demonstrates just how strong the demand from small businesses is for timely, accessible capital.

Embedded Finance 105

Embedded Finance Finance FinTech On-Demand 105

PYMNTS

NOVEMBER 25, 2020

But like so many other things this year, that image might be on hold for 2020. Within the context of 2020, that has meant a rapid shift to digital and multi-channel sales methods. He said PayPal wants to help SMBs bridge the digital divide quickly and with the kinds of services consumers are demanding.

Contactless Payments 123

Contactless Payments PayPal Small Business On-Demand 123

PYMNTS

DECEMBER 30, 2020

With trade shows canceled and enterprise digitization accelerated, 2020 was a big year for the adoption of B2B eCommerce. Retail giants like Flipkart ramped up their investments in online wholesale operations this year, with the pursuit of the "Amazon-like experience" continuing to be a driving influence for the sector.

B2B 121

B2B Embedded Finance Finance On-Demand 121

PYMNTS

JANUARY 20, 2021

Pointing to increased demand for premium products and continued lifestyle changes from the coronavirus, Procter & Gamble reported an 8 percent increase in total revenues Wednesday, led by a 50 percent increase in its online sales. eCommerce Soars.

Online and Mobile Banking 117

Online and Mobile Banking On-Demand Product Consumer 117

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. in 2020, reaching $4.28 This growth trajectory has continued, with 2023 seeing e-commerce sales surpass $5 trillion for the first time.

Cross-Border 93

Cross-Border Processors Multi-Currency Contactless Payments 93

PYMNTS

JANUARY 8, 2021

The year 2020 meant big changes for retailers that had primarily defined themselves by physical interaction as brick-and-mortar merchants were forced to adapt to an eCommerce-focused world as their best option for holding on to their now homebound customer base. The year 2020 saw the overall index score rise by 2.2

On-Demand 104

On-Demand Consumer BNPL Innovation 104

The Fintech Times

MAY 21, 2024

Non-fungible tokens ( NFTs ) took the world by storm in 2020 and 2021, as seemingly everyone discussed the relatively new concept, and some spent significant amounts to become sole owners of NFT art. However, in the last couple of years, behind the scenes, some developers have continued to bet on the technology for other use cases.

NFTs 145

NFTs Use Case Non-Bank Facilitators 145

PYMNTS

JULY 17, 2020

“[A solution] that is ubiquitous, digital, 24/7, year-round and on-demand, and offers the ability to provide people with a choice in how they receive their funds, with many instant payment options.”. Read more executives’ insights in How 35 Execs Are Powering The Great Digital Shift Of 2020 (And Beyond).

Ubiquitous 96

Ubiquitous Instant Payments On-Demand Innovation 96

PYMNTS

JULY 7, 2020

This will continue to be a critical and fundamental area for any payment provider, large or small.” ” The following is an excerpt from How 35 Execs Are Powering The Great Digital Shift Of 2020 (And Beyond) , contributed by Manish Kohli , global head of payments and receivables, Citi Treasury and Trade Solutions.

Innovation 110

Innovation Non-Bank Economy Treasury 110

Fintech News

JANUARY 7, 2024

But to fully realize the sector’s potential, stakeholders must focus on nurturing a robust ecosystem by enhancing capital access, attracting and retaining top talent and fostering a strong demand for payment solutions, a new report by Emerging Payments Association Asia (EPAA) says. By 2045, Indonesia’s population is expected to reach 318.96

Financial Inclusion 120

Financial Inclusion Innovation Payments NOV 120

PYMNTS

JANUARY 19, 2021

The banks' continued reticence on lending reflects the uncertainty still present in the economy due to COVID-19, including various government lockdowns and spikes in case counts. As loan demand declined, demand for fixed investments continued to weigh on the overall loan environment.

On-Demand 69

On-Demand Central Bank Economy Authorization 69

PYMNTS

DECEMBER 10, 2020

The company detailed in the filing that from April through June 2020, “we saw a steady rebound in gross nights and experiences booked before cancellations and alterations, which were down 21% in June relative to the same period in the prior year.”. Platform companies are all the rage on Wall Street. 10) far above initial targeted ranges.

Cross-Border 99

Cross-Border On-Demand Facilitators Transactions 99

PYMNTS

JULY 15, 2020

“Just as changing consumer behaviors are accelerating the adoption of digital commerce, they are also creating a greater demand for digital payout methods.”. How these transformations materialize will define the second half of 2020. Growing Demand for Digital Payouts. That’s progress — and not a moment too soon.

On-Demand 94

On-Demand Use Case Contactless Payments Innovation 94

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