PYMNTS

JANUARY 18, 2021

Debbie Guerra, executive vice president of merchant payments and payments intelligence solutions at ACI Worldwide , dives into how digital transformation will be key to enabling businesses, individuals and entire economies to recover from the huge challenges presented by the pandemic.

Economy 82

Economy Innovation Fraud Prevention Contactless Payments 82

PYMNTS

DECEMBER 24, 2020

In the economy, chief financial officers (CFOs) participating in a survey are reasonably optimistic about next year. 83% : Share of business-to-business (B2B) companies that changed their accounts receivable processes between March and September 2020. 420M : Value of Peloton’s deal to acquire global fitness equipment provider Precor.

Economy 74

Economy B2B Innovation Payments 74

PYMNTS

DECEMBER 24, 2020

When it’s said and done there was only one story that mattered in the retail universe this year and it was the rise of the digital-first economy. For eCommerce Amazon touched just north of 50 percent for Q1 2020 in eCommerce market share (51.2 percent in Q1 2020, but roughly even since 2016. For Q2 2020 Amazon took 9.0

Economy 118

Economy Consumer On-Demand Shutdown 118

PYMNTS

JANUARY 5, 2021

Government pandemic aid helped bankruptcy filings hit a 35-year low in 2020, according to legal service firm Epiq. In Epiq's report on 2020 bankruptcy statistics, the firm found that 2020 had the lowest numbers since 1989, with 529,068 over all chapters, according to a press release.

Government 63

Government Governance Legal Economy 63

PYMNTS

JANUARY 30, 2020

Data indicate that the three biggest economies in the eurozone, France, Germany, and Italy, all report higher-than-expected consumer morale as shoppers continue to open their wallets and spend to support expanding a strong overall economy. In Italy, consumer confidence in January 2020 grew to 111.8 from 110.8

Economy 56

Economy Consumer Shutdown Central Bank 56

PYMNTS

JANUARY 27, 2021

Riding the success of the global connected economy and a better than expected performance from the iPhone 12, the company logged its first $100 billion quarter, with the number reported during its earnings announcement on Wednesday (Jan. Apple also continued to benefit from the stay-at-home economy. 27) coming in at $111.4 billion.

Economy 94

Economy Product Continuity Addressing 94

PYMNTS

FEBRUARY 27, 2020

A quick glance at the workforce of 2020 doesn’t immediately present itself as all that different from the workforce of the year 2000. That’s because a decade ago, the gig economy was still in its nascent stages. According to the latest edition of the Gig Economy Tracker , PYMNTS found that 42 percent of U.S. gig economy.

Economy 94

Economy Payroll Instant Payments Use Case 94

PYMNTS

DECEMBER 18, 2020

are currently the world’s two largest economies. market for 2020, according to Renaissance Capital. China and the U.S. The last big Chinese IPO rush occurred in 2014, when 14 companies, including eCommerce titan Alibaba, raised $25.7

Audit 107

Audit Regulations Treasury Laws 107

PYMNTS

DECEMBER 28, 2020

Looking back, when we take stock of what happened and sift through the chaos and heartbreak of the year that was, we’ll see the seismic shifts that took place in 2020. Indeed, we might look to March 11 as the dividing line between what was and what is and will be in the connected economy.

Economy 108

Economy Payments Governance Government 108

PYMNTS

JANUARY 6, 2020

The 2020s will experience a dramatic and rapid shift from the app economy the smartphone ignited in the decade we just left behind to one that connects people and businesses with commerce wherever they happen to be, and via any device they happen to be using, in real time – safely, securely and privately. All the time.

Economy 70

Economy Innovation Consumer Interoperability 70

PYMNTS

FEBRUARY 1, 2021

economy and jobs market will take years to recover from the coronavirus economic crash. The recovery is due in part to the overall surge of relief spending Congress authorized in 2020, including aid for households and businesses. The full-year 2020 GDP shrank 3.5 The full-year 2020 GDP shrank 3.5

Economy 60

Economy Government Governance Returns 60

PYMNTS

DECEMBER 29, 2020

According to Mastercard ’s SpendingPulse transactional analysis, total retail spending for 2020’s 75 days of Christmas was up 3 percent, and eCommerce sales were up 49 percent — good for the stay-at-home economy and tough sledding for department stores. percent overall and 31 percent online. percent in overall sales, and only up 3.3

Consumer 72

Consumer Visa Ubiquitous Economy 72

PYMNTS

JANUARY 20, 2020

The International Monetary Fund (IMF) has slashed its forecasts for growth of the global economy, calling it sluggish, and said there isn’t any sign on the horizon that things are going to turn around, according to a report by CNBC. percent for 2020. percent this year. . It is now revising those numbers to 2.9 percent for 2019 and 3.3

Economy 52

Economy Agreements Mitigation Risk 52

PYMNTS

JANUARY 14, 2021

economy posted slight gains in the pandemic year of 2020, after closing the books on what was one of the most dismal economic fallouts in history, according to the Federal Reserve’s Beige Book report on Wednesday (Jan. Several months ago, 38 percent of responding economists didn’t expect a recovery before 2022.

Fed 63

Fed Federal Reserve Economy On-Demand 63

PYMNTS

AUGUST 17, 2020

And that’s the rise of the auto-refill economy. Reynolds reported that 26 percent of its customers in Q3 2020 use eCommerce to buy their products. P&G reported that eCommerce is now 10 percent of its business, growing globally by 35 percent in Q3 2020. General Mills reported that its U.S.

Economy 134

Economy Adjustments Consumer Product 134

PYMNTS

OCTOBER 21, 2020

The ownership economy is going full throttle. Also, in a world where even Netflix sees a slowdown in subscriber growth (and streaming and staying home are mainstays of pandemic life, yes, but perhaps less alluring than before), the ownership economy is “re-showing” green shoots. In another example, Tiffany & Co.

Economy 89

Economy Online and Mobile Banking On-Demand Consumer 89

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

JANUARY 15, 2021

percent higher in 2020 than in 2019, surprising even the National Retail Federation (NRF). We believe President-elect Biden’s stimulus proposal, with direct payments to families and individuals, and further aid for small businesses and tools to keep businesses open, will keep the economy growing,” Shay added. 31 were $789.4

NOV 52

NOV Non-Bank Consumer Economy 52

PYMNTS

FEBRUARY 25, 2020

The February 2020 Gig Economy Tracker , powered by Tipalti , analyzes recent trends and headlines in the mushrooming gig belt, which will comprise some 75 million Americans by the end of this year. An unhappy provider – who likely is customer-facing — may taint your reputation with customers. Gig payments are mission-critical.”.

Economy 56

Economy Laws Legal Governance 56

PYMNTS

FEBRUARY 5, 2020

economy $10.3 economy” and the virus, Mark Zandi, chief economist at Moody’s Analytics, told Reuters on Tuesday (Feb. in 2020 instead of 2 percent. . tourism dollars, most of that in 2020, Oxford Economics estimates. China’s outbreak of the coronavirus has triggered travel bans that could end up costing the U.S.

Economy 53

Economy SARS Governance Government 53

Clearly Payments

OCTOBER 7, 2024

The COVID-19 pandemic has reshaped industries and economies worldwide. in 2020, reaching $4.28 Cash Usage Decline : The World Bank reported that cash usage in advanced economies declined by nearly 50% during the pandemic, with consumers opting for digital and contactless payment methods instead. billion in 2022, up from $7.5

Cross-Border 88

Cross-Border Processors Multi-Currency Contactless Payments 88

PYMNTS

DECEMBER 27, 2019

Daniel Pinto, the co-president and chief operating officer of JPMorgan Chase , told CNBC in an interview that 2020 will likely see sturdy economic growth of about 1.5 That, he said, signaled an economy that is strong on consumer spending. percent or 1.8 percent in the United States. Chase reached 8.7

Economy 54

Economy Cryptocurrency Volume Blockchain 54

PYMNTS

DECEMBER 24, 2020

market for initial public offerings (IPOs) had a banner year in 2020 despite the pandemic — or perhaps because of it. billion during 2020’s first nine months. percent during 2020’s first nine months to $1.75 GoodRx earned $55 million in 2020’s first half prior to the company’s September IPO. BigCommerce ($1.6 III at a $1.3

Origination 92

Origination Push-to-Card On-Demand Shutdown 92

PYMNTS

JANUARY 15, 2021

retail and food services sales for December 2020 fell 0.7 percent from November 2020 but they were 2.9 percent from November 2020, although they were 6.3 Total sales for the 2020 calendar year were 0.6 Overall sales between October 2020 and December 2020 were up 4 percent from the same timeframe a year prior.

Accounts 56

Accounts Economy Consumer 56

PYMNTS

DECEMBER 16, 2020

Small and medium-sized businesses (SMBs) have unfortunately found themselves at or near the top of COVID-19’s 2020 hit list. Main Street SMBs across the board are fairly optimistic about the return to normal in the economy – largely premised, it seems, on the recent news of vaccine development.

On-Demand 112

On-Demand Shutdown Returns Economy 112

PYMNTS

JULY 6, 2020

When the digital economy started to reduce jobs in some areas and create them in others, a more robust “ gig economy ” developed. Now that the digital shift is underway in a big way, retailers need to enter a new kind of gig economy. All of a sudden, it seemed, being a free agent was cool. Side hustles were in.

Economy 64

Economy Research Consumer Returns 64

PYMNTS

DECEMBER 27, 2019

Daniel Pinto, the co-president and chief operating officer of JPMorgan Chase , told CNBC in an interview that 2020 will likely see sturdy economic growth of about 1.5 That, he said, signaled an economy that is strong on consumer spending. percent or 1.8 percent in the United States. Chase reached 8.7

Economy 61

Economy Cryptocurrency Volume Blockchain 61

PYMNTS

APRIL 17, 2020

The April 2020 Gig Economy Tracker ® done in collaboration with Tipalti looks at the rapidly forming trends involving gig workers and their revitalized role as business picks up the pieces in the coronavirus pandemic’s aftermath.

Economy 57

Economy Risk Process Acquirers 57

PYMNTS

DECEMBER 22, 2020

The economy, as measured by gross domestic product ( GDP ), grew by about one-third in the third quarter of 2020. This growth followed the epic second-quarter collapse of the economy. economy faces big headwinds going forward into the new year. An update to the U.S. The Bureau of Economic Analysis reported Tuesday (Dec.

Economy 52

Economy Rules Governance Government 52

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. percent of consumers bought groceries online in 2020, compared to the 18.6 percent made purchases via mobile in the last 24 hours. 31 percent bank via app.

Innovation 111

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

PYMNTS

OCTOBER 27, 2020

billion for 2020’s first nine months versus the same 2019 period. The company also raised its full-year 2020 outlook, now expecting adjusted earnings per share to grow at least 11 percent over 2019. And it profited from the digital-first economy, signing 42 eCommerce clients during the quarter.

Economy 67

Economy Contactless Payments Adjustments Processors 67

PYMNTS

FEBRUARY 7, 2020

The tip of the spear was the gig economy , and Amazon and Uber have been instrumental in making payments part of the customer journey, said Edwards — a critical part of the experience that is ripe to make inroads into healthcare. I believe the time has arrived for healthcare RFPs in 2020.”.

PCI DSS 65

PCI DSS Authentication Checks Instant Payments 65

PYMNTS

JULY 21, 2020

economy hard, but few areas were hit harder than small businesses. In spite of their small size, they play a critical role in both their local and national economies. economy when everything is really clicking — which it hasn’t been for the last several months,” he said. “On COVID-19 has hit the U.S. The Bumpy Road Ahead.

Credit Union 83

Credit Union Economy Small Business Push-to-Card 83

PYMNTS

AUGUST 4, 2020

The first half of 2020 was a tough time to run a small business on Main Street as stay-at-home orders closed down restaurants and retailers for much or all of the past five months. Such optimism is good news for the economy, given that more than half of all workers are employed by SMBs.

Real Time Payments 72

Real Time Payments Point-of-Sale (POS) Small Business Settlement 72

PYMNTS

FEBRUARY 20, 2020

Chinese lenders have cut their prime lending rate to try and prop up their country’s economy, which has been ravaged by the coronavirus, according to the Financial Times on Thursday (Feb. The move is expected to alleviate lending conditions and marks the latest attempt to stimulate the country’s disrupted economy.

Economy 52

Economy Non-Bank Central Bank Mobile Payments 52

PYMNTS

JANUARY 18, 2021

In 2020, there were 37 companies in the S&P 500, including big names like General Motors and HP , that said their CFOs would quit. Last year saw more resignations from chief financial officers than any other year, with the pandemic having adverse effects on corporate balance sheets, The Wall Street Journal reported Monday (Jan.

Adjustments 73

Adjustments Consulting Finance Continuity 73

The Fintech Times

SEPTEMBER 22, 2024

per cent CAGR between 2020 and 2024. Amnah Ajmal , executive vice president of EEMEA at Mastercard, also added: “We are proud to partner with Safaricom to build an inclusive digital economy that works for everyone, everywhere. We will enable the merchants to grow and contribute to the Kenyan economy.”

Visa 108

Visa Cross-Border Payment Solutions Economy 108