PYMNTS

SEPTEMBER 9, 2020

In this case, the driving force is retailers’ prediction of surging eCommerce demand as 2020 closes out. According to Tamebay , an Amazon seller news site, Amazon Early Black Friday Deals will [run] through Nov. In fact the values reset around several issues may be one of the defining characteristics of Holiday 2020.".

CHIPS 76

CHIPS NOV On-Demand PayPal 76

Fintech News

DECEMBER 2, 2024

Digital lending in Vietnam, Source: 2024 e-Conomy SEA, Google, Temasek and Bank and Company, Nov 2024 Additionally, the wealth and investing sector is seeing growth and evolution. Digital lending is another fintech vertical that’s rising, reaching US$6 billion in loan book balance in 2024, up 49% YoY.

Financial Inclusion 113

Financial Inclusion Financial Literacy Point-of-Sale (POS) NOV 113

PYMNTS

OCTOBER 14, 2020

The retailer will start the promotions through the web on November 4 and new promotions will follow in retail locations on Nov. Then, another event will start on the web on Nov. 11 and a sales event in retail locations will occur on Nov. It will finish its discounts through the web on Nov. Of the overall $9.91

NOV 92

NOV Product Consumer 92

PYMNTS

DECEMBER 4, 2020

Black Friday sales stretched across the entire month of November as retailers launched special deals as early as Nov. The 2020 holiday shopping season is shaping up to be fundamentally different due to the increasing importance of digital sales channels,” Smith added.

Online and Mobile Banking 115

Online and Mobile Banking NOV Treasury Processors 115

Fintech News

JANUARY 7, 2024

According to Indonesian news agency Antara, the population of people in the productive age group reached 140 million in 2020, representing more than half of the country’s total population. This growth is expected to carry on this year onwards, growing at an estimated 15% through 2025 to US$417 billion and to US$760 billion by 2030.

Financial Inclusion 120

Financial Inclusion Innovation Payments NOV 120

PYMNTS

NOVEMBER 13, 2020

Walmart is extending most of its stores’ hours beginning Saturday (Nov. Walmart (@Walmart) October 23, 2020. The sale’s second phase began online on Wednesday (Nov. 18), but will expand to in-store purchases on Saturday (Nov. 14) – adding an hour or more of shopping time just in time for the holiday season. local time.

NOV 94

NOV Continuity Consumer 94

PYMNTS

DECEMBER 3, 2020

Of the many data-based insights contained in the new Black Friday 2020 Report: Crossing the Digital-Physical Shopping Divide , one line captures the mood of this just-concluded commerce holiday weekend: “Concerns over COVID-19 were present, but were secondary to consumers who craved convenience.”. consumers taken on Saturday (Nov.

Credit Cards 59

Credit Cards Debit Card BNPL PayPal 59

PYMNTS

NOVEMBER 20, 2020

“Although a majority of consumers plan to spend less this year due to the pandemic, wearable device sales have grown by 30 percent or more compared to last year,” said Taejong Jay Yang , senior vice president for Samsung Electronics , in a CNBC interview on Friday (Nov. Wearables have also expanded their features to include digital payments.

NOV 60

NOV Contactless Payments Digital Payments Visa 60

PYMNTS

JANUARY 15, 2021

percent higher in 2020 than in 2019, surprising even the National Retail Federation (NRF). The NRF said 2020 retail sales from Nov. billion in 2020, a 32 percent increase from 2019. Despite the ongoing pandemic, retail holiday sales were 8.3 percent jump was double the 3.5 31 were $789.4 billion and $766.7 percent to 5.2

NOV 52

NOV Non-Bank Consumer Economy 52

PYMNTS

NOVEMBER 22, 2020

taxpayers stand to absorb a hit of about $435 billion from borrowers’ failure to repay student loans currently on the federal government’s book, the Wall Street Journal reported Saturday (Nov. The figure, which approaches banks’ losses during the 2008 sub prime mortgage crisis, resulted from an analysis performed by the U.S.

NOV 113

NOV Governance Government Consulting 113

PYMNTS

NOVEMBER 25, 2020

An OKEx representative told Coindesk that the digital currency withdrawal service will start again prior to the Nov. And Coinbase will not be providing a Form 1099-K for trades on the Coinbase exchange as of the 2020 tax year, according to a post from the company. 27 Hong Kong Standard Time date as noted in the past.

IRS 97

IRS Digital Currency Laws NOV 97

PYMNTS

NOVEMBER 8, 2020

Starting Tuesday (Nov. 10) and going through the end of 2020, those who purchase V-Bucks or make other real-money purchases in Fortnite will have access to the deal, the post stated. Those who have made real-money purchases in Fortnite since Friday (Nov.

NOV 90

NOV Ubiquitous Returns Rules 90

PYMNTS

DECEMBER 21, 2020

Source: PYMNTS.com longitudinal study of over 40,000 consumers (data from the most recent panel on Nov. Source: PYMNTS.com longitudinal study of over 40,000 consumers since March (data from the most recent panel on Nov. Source: PYMNTS.com survey of 2,683 consumers conducted between Nov. 23-25, 2020. consumers — 47.2

CHIPS 91

CHIPS NOV Online and Mobile Banking Contactless Payments 91

PYMNTS

NOVEMBER 20, 2020

"Certainly with the increase in infection rates really throughout the country we've seen a dampening of demand," American Airlines President Robert Isom said during the Skift Aviation Forum , per a Friday (Nov. airlines have already lost over $20 billion in 2020 due to the global pandemic. Between Nov. 20) CNBC report. .

NOV 73

NOV On-Demand Risk 73

PYMNTS

NOVEMBER 20, 2019

Payments credit union PSCU is prepared to handle what they predict will be a rush in 2020 to adopt contactless cards, the company said in a press release on Wednesday (Nov. In 2020, PSCU anticipates distribution of more than three million new contactless cards to 100-plus credit unions.

Credit Union 47

Credit Union Credit Union Service Organization Contactless Payments NOV 47

PYMNTS

JANUARY 14, 2021

percent year-over-year debit and credit overall same-store sales volume growth among its owner credit unions over the 2020 holiday season, according to a press release emailed to PYMNTS. Purchases between Nov. The two weeks leading up to Thanksgiving, which spanned from Nov. percent for debit and 18.1 percent to 5.2

Volume 62

Volume Credit Union Credit Union Service Organization NOV 62

PYMNTS

DECEMBER 1, 2019

In an effort to expand access to financial institutions (FIs), the Central Bank of Nigeria is planning to license more payment providers, Bloomberg reported on Saturday (Nov. The goal is to improve Nigeria’s financial inclusion rate by 20 percent, bringing it to 80 percent by the end of 2020.

Financial Inclusion 101

Financial Inclusion Central Bank FinTech Mobile Banking 101

PYMNTS

FEBRUARY 8, 2019

2020: When new U.S. Meanwhile, the luxury retail ecosystem could change via another online operation that offers relatively easy access to designer goods. Data: 100 percent: The amount of mobile bookings that some travel operators say they will hit within the next few years, underscoring a shift away from desktop. 56 percent: Share of U.K.

NOV 73

NOV Payments Regulations Compliance 73

PYMNTS

DECEMBER 1, 2020

Bitcoin saw a new all-time record high on Monday (Nov. In other news, Gutemberg Dos Santos was extradited from Panama to the United States on Nov. 25, on charges of participating in an international money laundering ring, the Southern District of New York’s State Attorney Office said in a press release on Monday (Nov.

Bitcoin 80

Bitcoin Money Laundering NOV Cryptocurrency 80

PYMNTS

NOVEMBER 3, 2020

The Shanghai Stock Exchange is delaying Ant Group’s record initial public offering (IPO) following Jack Ma’s meeting with Chinese regulators, according to a Wall Street Journal (WSJ) report on Tuesday (Nov. That meeting now disqualifies Ant from listing on Thursday (Nov. 2) to answer questions behind closed doors. billion in 2019. .

Regulations 67

Regulations NOV Processors Origination 67

PYMNTS

NOVEMBER 16, 2020

Securities and Exchange Commission on Monday (Nov. billion in revenues for 2020’s first nine months. Airbnb filed paperwork with the U.S. 16) for an initial public offering (IPO) that will reportedly value the travel giant at some $30 billion. The company reported as part of the filing that it made $219.33 million net loss on $2.52

NOV 96

NOV Returns Participant Security 96

PYMNTS

NOVEMBER 4, 2020

Explaining the move to puzzled investors on Wednesday (Nov. Ant’s lending business not only generated 40 percent of its sales during the first half of 2020, but it also accounted for 10 percent of all consumer loans in China, the FT reports.

Caps 96

Caps NOV Governance Government 96

PYMNTS

OCTOBER 28, 2020

The majority of Chinese consumers surveyed by AlixPartners – a formidable 57 percent – say they will buy fewer American brands and products on Singles Day come Nov. However, if results of the survey are any indicator, eCommerce should still get a big boost from Singles Day 2020.

Cross-Border 46

Cross-Border Consumer NOV Product 46

PYMNTS

NOVEMBER 16, 2020

Craig Vosburg , Mastercard ’s president of North America, said at a conference Monday (Nov. Speaking at the Citi 2020 FinTech Conference , Vosburg recounted some of the trends seen in the latest quarter and beyond, saying “we see moderate levels of growth” in overall transaction volume and in spending levels and transactions.

Consumer 87

Consumer Cross-Border Visa NOV 87

PYMNTS

DECEMBER 2, 2019

The Federal Reserve Board has approved a new fee schedule for payment services in 2020 that is overall 2.4 percent higher than 2019, the Fed announced in a press release on Wednesday (Nov. The 2020 private-sector adjustment factor (PSAF) of $18.9 The new payment services fees go into effective on Jan. million was also approved.

Federal Reserve 40

Federal Reserve FedWire FedLine FedACH 40

PYMNTS

NOVEMBER 20, 2019

Amazon is planning to open cashierless Amazon Go supermarkets and pop-up stores, possibly as soon as the first quarter of 2020, Bloomberg reported Wednesday (Nov. Amazon Go technology is being tested in a 10,400-square-foot space in Seattle’s Capitol Hill neighborhood, a source told Bloomberg. locations.

NOV 40

NOV Origination Technology 40

PYMNTS

NOVEMBER 3, 2020

Additional efforts are being planned to support hosts prior to the upcoming IPO, which is anticipated to happen before 2020 is over. . Its filing will be available after the Nov. Airbnb was founded in San Francisco in 2008 by Chesky; Joe Gebbia, chief product officer; and Nathan Blecharczyk, chief strategy officer. 3 election.

NOV 95

NOV Consulting Product Continuity 95

PYMNTS

OCTOBER 30, 2020

In a move that will likely see a large rise in sales, Alibaba Group Holding Ltd will begin its Singles Day shopping event ahead of schedule in 2020, Reuters reported Friday (Oct. In addition to its usual Nov. 11 shopping period that lasts for 24 hours, the company will also provide a new time between Nov. 1 and Nov.

NOV 56

NOV Cross-Border Consulting On-Demand 56

PYMNTS

NOVEMBER 16, 2020

On that day, Nov. 9, 2020, the stock market hit a high not seen since February, shortly before the world would feel the brunt of the global pandemic. and global economy for most of 2020. consumers on Nov. Interestingly, on Friday (Nov. Dr. Anthony Fauci told Jake Tapper on Meet The Press yesterday (Nov.

NOV 108

NOV Consumer Risk On-Demand 108

PYMNTS

DECEMBER 16, 2020

Total sales for September 2020 through November 2020 were up 5.2 According to the report, “the September 2020 to October 2020 percent change was revised from up 0.3 percent from October 2020, but 7.1 The December 2020 Advance Monthly Retail report is set for release on Jan. percent to down 0.1

NOV 61

NOV Consumer Economy 61

PYMNTS

DECEMBER 24, 2019

Real-time payments — it’s a common phrase in 2019 that will become even more common in 2020. The rise of voice is the big factor behind the rise of smart homes, where consumers are doing more commerce and payments. That’s not all — voice is becoming more emotionally attuned to consumers. 10: Via Faster Payments. Take the U.S. Though the U.S.

Consumer 64

Consumer Zelle P2P Real Time Payments 64

PYMNTS

NOVEMBER 23, 2020

PayPal and Square’s Cash App digital currency buying spree has reportedly triggered a bitcoin rally, according to a Benzinga report on Monday (Nov. Gains in bitcoin were 155 percent since the start of 2020; ethereum surged 330 percent. itBit is run by Paxos, which is PayPal partner. . Year-over-year, the S&P 500 went up just 20.11

PayPal 87

PayPal Bitcoin Digital Currency Cryptocurrency 87

PYMNTS

NOVEMBER 5, 2020

PYMNTS reported that, “according to Tamebay , an Amazon seller news site, Amazon Early Black Friday Deals will start and run through Nov. The traditional ‘Black Friday’ falls on Nov. 27 this year; Cyber Monday is Nov. This means that Amazon will pretty much have sales events running for two entire months,” Tamebay said.

NOV 88

NOV On-Demand Consumer Origination 88

PYMNTS

NOVEMBER 30, 2020

billion on Cyber Monday (Nov. The service will be provided from Nov. billion on Cyber Monday (Nov. The proof could be seen strongly during and around the Singles Day event Nov. That event became a 11-day spree in 2020 and shoppers spent $75.8 consumers are expected to spend $12.7 billion in orders.

NOV 59

NOV Consumer 59

PYMNTS

NOVEMBER 26, 2019

Facebook has been revealed as “Party A” in an attempt to acquire health tech company Fitbit, CNBC reported on Tuesday (Nov. Google announced on Nov. The deal is expected to close in 2020. 26) citing a Securities and Exchange Commission (SEC) filing. per share, sources told the news outlet. billion in cash, or $7.35

Acquirers 64

Acquirers NOV AI Security 64

PYMNTS

NOVEMBER 18, 2019

payments gateway Sage Pay for $300 million, according to reports on Monday (Nov. The acquisition of Sage Pay is part of Elavon’s strategy to help its customers streamline and leverage the global economy, according to an Elavon press release on Monday (Nov. Bancorp subsidiary Elavon is acquiring U.K.

Distributed Ledger Technology (DLT) 64

Distributed Ledger Technology (DLT) Cross-Border NOV Payment Gateways 64

PYMNTS

NOVEMBER 17, 2020

The digital currency reached a high of approximately $17,860 on Tuesday (Nov. It has risen by over double in 2020, bringing back memories of a massive 1,375 percent jump in 2017 that came before a 70 percent drop the year after. on Tuesday (Nov. Miller Tabak + Co. The price of bitcoin was $ 17,764.38 as of 7:16 p.m.

Debit Card 63

Debit Card Bitcoin Digital Currency NOV 63