PYMNTS

OCTOBER 29, 2020

But the cable cars are still sitting still, and ridership on public transportation remains down by 90 percent because even given the option to return to their offices by the state, local tech and office workers aren’t exactly enthused to return. percent of workers have left home to return to the office nationally.

Returns 60

Returns Shutdown PayPal Continuity 60

Lending Front

JUNE 6, 2021

By all accounts, summer 2021 looks promising. But while the economy in general is expected to boom, many small businesses are still in recovery mode. As the economy ramps up, businesses will need capital in order to continue serving their customers. Lending in 2021 means being accessible and accommodating.

Small Business 52

Small Business Community Banks Economy Non-Bank 52

PYMNTS

SEPTEMBER 23, 2020

Fauci said he couldn’t say for sure but “by the time you get to maybe the third or fourth month of 2021, then you'll have doses for everyone.” percent anticipated returning to their typical routines in three months or sooner. The PYMNTS March 17 poll indicated that 59.4

Returns 88

Returns Consumer Economy 88

PYMNTS

DECEMBER 23, 2020

China’s State Council announced late Tuesday that small and micro-sized businesses can defer loan payments past first quarter 2021 as needed, according to CNBC. China’s economy returned to growth in the second quarter and is now the only leading economy to show significant growth in 2020, with GDP growing 0.7% percent.

Economy 69

Economy Returns Shutdown Small Business 69

PYMNTS

NOVEMBER 24, 2020

With restaurant dining rooms closed and Americans forced to rely on their own abilities as home chefs over the last eight months, meal kits have caught a second wind in the pandemic economy. Will consumers keep ordering cookable meals when the easier option of dining out returns? It’s not a question that will be answered tomorrow.

Economy 85

Economy On-Demand Shutdown Consumer 85

PYMNTS

JUNE 3, 2020

Troy Walters of IHS Markit told the Journal that Las Vegas could be looking at a very long walk back to recovery, with unemployment possibly still in the 20 percent range by first-quarter 2021’s end. “We Still, some within the industry are more confident about gaming’s ability to make a big return.

Returns 56

Returns CHIPS Rules Mitigation 56

PYMNTS

JANUARY 8, 2021

economy should see a “meaningful economy recovery” in 2021 as vaccines battle the pandemic and fresh government stimulus kicks in, according to Chief Economist Jack Kleinhenz of the National Retail Federation (NRF). percent range in 2021. economy could grow a decent 4 percent this year. 7) that he expects the U.S.

Economy 59

Economy Returns Governance Government 59

PYMNTS

JANUARY 28, 2021

But for the recipients of the cross-border money transfers and peer-to-peer (P2P) payments usually associated with developing economies, they are lifelines. Person-to-person international transfers form by far the largest foreign economic support for developing economies. In the payments industry, they’re known as remittances.

Cross-Border 117

Cross-Border Innovation Economy Governance 117

PYMNTS

NOVEMBER 20, 2020

This winter will be grim, and we believe the economy will contract again in 1Q," the economists wrote. “We The projection goes against earlier Wall Street forecasts that largely believed the first quarter of 2021 would be the start of a bouncing-back economy. Morgan economists said in a new forecast, CNBC reported Friday (Nov.

Economy 78

Economy NOV Returns Continuity 78

Fintech News

MARCH 25, 2024

According to the “Southeast Asia: Private Capital Breakdown” report by PitchBook, Southeast Asia has become a compelling region for private capital investment in recent years, owing to the region’s fast-growing and diverse economies, as well as its vast investment opportunities and its important consumer story. in 2021 to 36.2%

Participant 107

Participant B2C On-Demand Consumer 107

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. Companies in the software and IT services sector reported some improvement.

Fed 63

Fed Federal Reserve Economy On-Demand 63

PYMNTS

JANUARY 18, 2021

Over the years, a healthy, employed consumer in a strong and vibrant economy masked the reality of physical retail’s slump. In the burgeoning bring-it-to-me economy , retail is now about meeting the consumer where she wants to shop — increasingly at home — and letting her take possession of those purchases at her doorstep.

Consumer 123

Consumer Caps Research On-Demand 123

PYMNTS

SEPTEMBER 29, 2020

The coronavirus is showing signs of a return after several weeks of low positive test rates, with over 1,000 new cases in the state of New York on Saturday (Sept. Theatergoers' absence is having ripple effects on the rest of the economy — without them traveling to come to the city, restaurants and retailers are seeing less revenue, too.

Economy 89

Economy Returns Product 89

Fintech News

MARCH 18, 2024

Over recent years, this appealing proposition has underpinned a surge in BNPL companies globally, proving enticing in both advanced economies with high credit card usage looking for alternative finance, and in emerging nations where access to conventional credit was harder, particularly for the young and those in rural areas.

BNPL 125

BNPL Void On-Demand Economy 125

The Fintech Times

SEPTEMBER 6, 2024

Returning to China in 1999, Macau became a Special Administrative Region (SAR) under the ‘one country two systems’ policy. However, the country wants to diversify its economy. Diversifying the economy When China reopened, economic development and rebooting the tourism industry were top priorities.

SARS 59

SARS Cross-Border Governance Government 59

Fintech News

MAY 28, 2024

According to a 2021 report by the Asian Development Bank, an estimated 1.1 billion adults in the region remain unbanked, with the majority residing in developing economies such as India, China, and Indonesia. This in turn has seen remarkable returns in Nubank’s customer acquisition base, rising significantly every year.

APACS 125

APACS Financial Inclusion Online and Mobile Banking Disaster Recovery 125

The Fintech Times

APRIL 18, 2024

Alexander Farsan, head of climate and environment at Klarna Alexander Farsan , head of climate and environment at Klarna, commented: “Our global economy is embedded in nature, so all companies must help close the biodiversity funding gap. The projects it has supported boast many impressive successes including: planting 4.9

Payment Networks 59

Payment Networks Returns Finance AI 59

PYMNTS

JANUARY 1, 2021

And long-lasting, despite our collective societal wishes that things return to the way they used to be. Here’s a look at the future of connected work and five key areas that will be different in 2021. And by most accounts, that’s not going to stop in 2021. The Digital Shift. Athleisure Tops Business Casual.

On-Demand 113

On-Demand Economy Consumer Returns 113

Fintech Finance

APRIL 17, 2024

The growing acceptance of payment cards by retailers and the advent of contactless technology are set to reduce the share of cash within the economy.” As of 2021, it became illegal for consumers to make cash payments of more than EUR1,000 ($1,073.2) The cap on cash transactions is also pushing the use of card payments in the country.

Point-of-Sale (POS) 52

Point-of-Sale (POS) Push-to-Card Contactless Payments Payments 52

FICO

FEBRUARY 21, 2023

Bureau of Economic Analysis showed the economy grew at a pace of 2.1%. The first two quarters of 2022 were slightly negative (Q1: -1.6%; Q2: -0.6%) but then the economy returned to growth in Q3 and Q4. from November 2021 to November 2022) and the unemployment rate is expected to rise to 4.6% 19 report on Consumer Credit).

Credit Cards 52

Credit Cards Federal Reserve Advisors Issuers 52

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. A recovery would be an economic boon; the Events Industry Council has estimated that events, overall, add $1 trillion to the global economy.

Returns 68

Returns NOV Correspondent On-Demand 68

The Finance Weekly

SEPTEMBER 16, 2024

VCs this year is set to hit $98 billion, which is a whopping 86% drop from 2021, and venture-backed IPOs are on track to be the lowest since 2016. Firms like Meta nearly doubled their staff, only to realize they were overstaffed as things returned to normal. Looking ahead to 2024, investors have already put $26.8

AI 52

AI Federal Reserve On-Demand Returns 52

The Fintech Times

FEBRUARY 12, 2024

In good times investors, flush with cash, invest in thousands of weak businesses, these businesses fail and investors are forced to find more reliable sources of profit and then, again flush with cash, they return to spraying billions of dollars at any Standford drop-out with a pitch deck and a hoodie.

Posting 69

Posting FinTech Venmo Instant Payments 69

PYMNTS

SEPTEMBER 8, 2020

If demand returns in the worldwide economy, the International Chamber of Commerce (ICC) forecasts a possible $2 trillion to $5 trillion shortfall in trade financing up to 2021. The ADB approximated a $1.5 trillion funding gap in 2018, long before to the pandemic. 8) announcement.

Visa 79

Visa Finance Returns On-Demand 79

FICO

JUNE 1, 2023

Despite the 200k+ workers that have been laid off, the job sector remained strong, and consumers were still spending after the holiday season leading to mild growth in the economy. Bureau of Economic Analysis showed the economy grew at a pace of 1.1%. Visa is predicting negative GDP in Q2 and Q3 with a return to growth in Q4 2023.

Credit Cards 52

Credit Cards Federal Reserve Tax Refunds Returns 52

PYMNTS

JUNE 4, 2020

As sections of the United States economy continue to reopen, it is growing more apparent that consumers have no intention of reverting back to their pre-pandemic shopping habits. Why are consumers hesitant to return to shopping in stores, and how are merchants meeting their persistent demand to stay at home? percent on April 11.

Consumer 55

Consumer Economy On-Demand Returns 55

The Fintech Times

JANUARY 10, 2024

” “Looking at the economy as a whole, there won’t be a visible impact in the short term. ” In 2021, Walmart Chile said cash transactions cost a third of what debit card transactions involve, considering the fees set by Transbank at the time. It creates a big barrier for individuals.” Not necessarily.

Financial Inclusion 72

Financial Inclusion Economy Innovation Debit Card 72

PYMNTS

JANUARY 20, 2021

"We need to continue to think about how to engage our partners within today’s reality and how to help those partners serve their customers in new ways," he says in " A Look Forward: What Executives Wish for America and the World in 2021. "We Wishes to all for a safe holiday season and a positive outlook heading into 2021.

Payments 71

Payments Innovation Contactless Payments Credential 71

PYMNTS

DECEMBER 3, 2020

And with that certainty come some hints on how to navigate that landscape during the holiday season and into 2021. Given the unfortunate realities that COVID-19 has created in the economy, there is no shortage of consumers who might still feel inclined to use debit as a better mechanism to control their spending. The New Landscape .

Credit Cards 84

Credit Cards Push-to-Card Contactless Payments Returns 84

PYMNTS

NOVEMBER 24, 2020

In an October survey by PYMNTS, well before the news of vaccines by Moderna and Pfizer with well over 90 percent effectiveness, a PYMNTS survey found consumers bracing for a 400-day wait — more than a year — before being able to return to normal work and life routines.

Consumer 61

Consumer NOV Assessments Economy 61

PYMNTS

JULY 15, 2020

It was this type of local economy that defined most of the past decade and the early part of 2020. Among those that have, 37 percent have owners who have had to dip into their own, personal funds to keep their businesses afloat, and they say they do not believe their revenues will recover until the early part of Q1 2021.

Settlement 82

Settlement Point-of-Sale (POS) Economy Innovation 82

PYMNTS

JANUARY 27, 2021

The National Restaurant Association notes consumers’ interest in trying out new ordering experiences from familiar restaurants — the report identifies subscription services , meal kits , and bundled meals as key ordering innovations for 2021. Excited To Return To Restaurants. Of course, not all consumers are the same.

Technology 105

Technology Returns Consumer Research 105

FICO

DECEMBER 8, 2022

Or does it also add value to decisions during benign periods of the economy? This blog illustrates how to use FICO Resilience Index in underwriting risk management strategies during both stressed and unstressed times to maximize its return on investment. A benign economy is expected in the immediate future. Economic Scenario.

Addressing 52

Addressing Risk Underwriting Risk Management 52

PYMNTS

OCTOBER 15, 2020

Back on March 11, the average consumer expected the pandemic to be over and for their lives to return to normal by July 27, 2020, roughly three months ago. To learn more about how consumers’ payments and shopping preferences continue to evolve as the pandemic progresses and what it means for the post-pandemic economy, download the report.

Consumer 85

Consumer Returns Continuity Research 85

PYMNTS

JANUARY 7, 2021

The connected economy will someday have glasses. Nine years after Google’s misfire with the product, smart glasses are making a return in a big way — as some very big names are getting behind them. Smart glasses. Facebook Soon To Release Smart Glasses .

Economy 104

Economy Innovation Verification Returns 104

PYMNTS

NOVEMBER 4, 2020

But from a macroeconomic standpoint, LendingClub said that while borrowers remain resilient, the pandemic continues to have a negative impact on the economy. The company added that it wouldn’t ask its employees to stop working from home and return to their offices until at least summer 2021.

Volume 111

Volume On-Demand NOV Continuity 111

PYMNTS

JANUARY 7, 2021

The new checks, which are for $600 and were approved as part of Congress's $900 billion package for pandemic aid, began to go out early in 2021 and reports said they had reached two-thirds of the recipients for the digital checks. CNBC reported thousands of such emails from Americans in dire need of the checks to pay bills.

IRS 97

IRS Checks Debit Card Payments 97