PYMNTS

DECEMBER 24, 2018

But in hopes of hopping on the holiday bandwagon — and providing data-backed insight in the hottest payment trends for 2019 — allow us to offer this list of a dozen ways that consumers (and some businesses) are paying now, methods that promise to play big roles in 2019. So, how will consumers (and some businesses) pay? #1:

Consumer 83

Consumer Online and Mobile Banking Debit Card Volume 83

PYMNTS

DECEMBER 17, 2020

Subscription bundles are making a comeback, especially as consumers spend more time at home under lockdown measures as the number of COVID-19 cases continues to rise. This next generation of bundling, however, gives consumers more choice and control. We surveyed a census-balanced panel of 2,962 United States consumers on Nov.

Consumer 80

Consumer NOV Accounts Research 80

PYMNTS

NOVEMBER 16, 2020

biotech firm Moderna announced on Monday (Nov. Consumers’ Complicated Relationship to a Vaccine . But as PYMNTS’ most recent consumer studies indicate, that won’t necessarily happen. The cohort of those planning to skip the vaccine is more heavily comprised of younger consumers. 16) that its rival vaccine boasts a 94.5

Consumer 92

Consumer Returns On-Demand NOV 92

PYMNTS

NOVEMBER 30, 2020

A strong surge in consumer spending on retail is likely to be the main economic driver in China as the country recovers from the effects of the pandemic, the Financial Times (FT) reported. The evidence could be seen robustly during and around the country's Singles' Day event Nov. billion in orders.

Consumer 70

Consumer NOV Origination Economy 70

PYMNTS

DECEMBER 29, 2018

Ten years ago, consumer confidence had slipped to an all-time low, and consumer spending followed it down the rabbit hole. At the close of 2018, the consumer’s outlook on things is several shades brighter than it was a decade ago. Consumer confidence hit an 18-year high point earlier this year. percent from Nov.

Consumer 73

Consumer Federal Reserve NOV Advisors 73

PYMNTS

NOVEMBER 2, 2020

“ Membership has its privileges ” was the nine-year ad campaign launched by American Express in 1987 to persuade consumers that it was worth it to pay an annual fee for one of its charge card products. A PYMNTS study of a census-balanced sample of 2,165 consumers conducted Oct. 27-28 of this year reveals that roughly 17 percent of U.S.

Consumer 98

Consumer Online and Mobile Banking Product Non-Bank 98

PYMNTS

NOVEMBER 24, 2020

consumers are growing gloomier as a dark coronavirus winter settles in, as shown in a new Consumer Confidence Survey report released by The Conference Board Tuesday (Nov. The Conference Board Consumer Confidence Index fell in November after holding steady in October, the long-established nonprofit think tank reported.

Consumer 61

Consumer NOV Assessments Economy 61

PYMNTS

NOVEMBER 23, 2020

The legacy global remittance giant said on Monday (Nov. With consumers increasingly turning to online ways of doing things amid the pandemic, Western Union saw its digital revenue jump 45 percent in the third quarter compared to the same period a year ago.

Digital Payments 144

Digital Payments Cross-Border Payments Cross-Border Payments 144

PYMNTS

NOVEMBER 25, 2020

COVID-19 cases is on the rise, consumer spending in advance of the holiday season is boosting the economy, The Wall Street Journal reported. economic recovery has continued as Americans keep on spending on consumer goods. The Journal said consumer spending rebounded this summer, but the increase was less in the fall.

Economy 57

Economy Consumer NOV Shutdown 57

PYMNTS

NOVEMBER 13, 2020

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. Power 2020 U.S.

Consumer 85

Consumer On-Demand Origination Enrollments 85

PYMNTS

SEPTEMBER 8, 2020

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. There will be three weeks of Amazon Early Black Friday Deals with different products on special offer each week.

NOV 108

NOV Consumer Product 108

PYMNTS

NOVEMBER 12, 2020

The Walt Disney Company reported on Thursday (Nov. The response from consumers has been overwhelmingly positive. Disney also plans to introduce the service to Latin America, with the inclusion of Mexico, Brazil, Argentina and Chile on Tuesday (Nov. In terms of the company’s other streaming services, Disney reported 10.3

Consumer 67

Consumer NOV Origination Continuity 67

PYMNTS

NOVEMBER 11, 2020

Alibaba ’s Singles Day performance on Wednesday (Nov. 11) shows that the Chinese consumer is back — big time. Singles Day — Alibaba’s popular shopping holiday that takes place every Nov. However, the company technically started Singles “Day” on Nov. According to Bloomberg , “during the first 111 minutes of sales on Nov.

Regs 95

Regs NOV Law Enforcement Economy 95

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

NOVEMBER 30, 2020

consumers are expected to spend $12.7 billion on Cyber Monday (Nov. The service will be provided from Nov. American consumers are forecast to spend $12.7 billion on Cyber Monday (Nov. Chinese Consumers' Buying Expected To Surge After Months Of Caution. Digital Sales Surge On Black Friday.

NOV 59

NOV Consumer 59

PYMNTS

NOVEMBER 13, 2019

Google is planning to launch consumer checking accounts next year in partnership with Citigroup and Stanford University, The Wall Street Journal (WSJ) reported on Wednesday (Nov. Code-named Cache, the accounts will be handled by Citigroup and a credit union at Stanford University.

Checks 64

Checks Accounts Consumer Credit Union 64

PYMNTS

NOVEMBER 13, 2020

Walmart is extending most of its stores’ hours beginning Saturday (Nov. The sale’s second phase began online on Wednesday (Nov. 18), but will expand to in-store purchases on Saturday (Nov. said that consumers “trust Walmart to deliver an amazing Black Friday year after year. local time.

NOV 94

NOV Continuity Consumer 94

PYMNTS

NOVEMBER 19, 2020

Alpesh Chokshi, head of business development, Citi Global Consumer Bank, said in a statement on Wednesday (Nov. 18) that today’s consumers seek money management that is like their own lives — a fast-moving “integrated experience.”.

Visa 113

Visa Accounts Debit Card NOV 113

PYMNTS

NOVEMBER 2, 2020

Accelerating demand for durable goods like cars and appliances is kicking up manufacturing at Asian and European factories despite rising cases of COVID-19, according to a Wall Street Journal (WSJ) report on Monday (Nov. IHS Markit told the news outlet that manufacturers of business equipment and machinery picked up more than consumer goods.

Consumer 58

Consumer Returns On-Demand NOV 58

PYMNTS

NOVEMBER 12, 2020

“Mastercard’s Vocalink business is a demonstrated leader in the real-time payments ecosystem, and they will be a valuable partner for Payments Canada in the introduction and ongoing operation of Canada’s real-time payments system,” Tracey Black , president and chief executive officer of Payments Canada, said in a statement on Thursday (Nov.

ISO 20022 138

ISO 20022 Real Time Payments Settlement ISOs 138

PYMNTS

NOVEMBER 17, 2020

Adyen , a FinTech whose payments platform is used by merchants and retailers around the world, is teaming up with San Francisco-based installment payment company Affirm in a new partnership, the companies announced on Tuesday (Nov. In a partnership unveiled on Thursday (Nov.

BNPL 97

BNPL NOV Payments On-Demand 97

PYMNTS

NOVEMBER 25, 2020

Consumer spending in the U.S. percent, according to a report released by the Bureau of Economic Analysis (BEA) on Wednesday (Nov. The consumer price index went up 1.2 The economy overall has been rebounding due to elevated consumer spending, which accounts for more than two-thirds of economic activity in the U.S.

Consumer 56

Consumer NOV Economy Accounts 56

PYMNTS

NOVEMBER 25, 2020

Consumers have already spent $62.5 Even before Thanksgiving, shoppers are seeing Black-Friday-like discounts on gift items,” Taylor Schreiner , director of Adobe Digital Insights, said Wednesday (Nov. Retailers certainly hope consumers will be shopping early so that their purchases can be shipped and delivered in time.”.

NOV 87

NOV Consumer Accounts 87

PYMNTS

NOVEMBER 11, 2020

Fintech Partner Connect will “support new ways for businesses and consumers to seamlessly and securely pay, get paid, send money and more,” a spokesperson for the credit card and financial services giant said in an email announcing the new program on Visa on Wednesday (Nov.

FinTech 110

FinTech Credit Risk Small Business NOV 110

PYMNTS

NOVEMBER 12, 2020

My hunch is that it will come,” Lagarde said Thursday (Nov. The ECB's message is that the digital currency idea would be a boost for consumers needing new ways to pay for retail purchases as the payments landscape evolves amid the pandemic. 12) during a virtual panel discussion hosted by the ECB, per Bloomberg. “If

Digital Currency 121

Digital Currency Central Bank Federal Reserve Money Laundering 121

PYMNTS

NOVEMBER 4, 2020

Thursday’s (Nov. Investors will focus on Alibaba's annual active consumers in China,” said Investopedia. Retaining and attracting active consumers is important to Alibaba's business model, which in large part consists of selling marketing services to the merchants that sell their wares on the company's online platforms.

NOV 75

NOV Consumer Small Business Governance 75

PYMNTS

NOVEMBER 10, 2020

Lyft reported on Tuesday (Nov. In its fleet business, the company saw improvement with Express Drive , which lets people rent cars to drive for the Lyft platform, and Lyft Rentals , which is the company’s consumer car rental experience. 10) as part of its third quarter earnings results that active riders had risen to 12.5 million.

NOV 101

NOV Economy Continuity Consumer 101

PYMNTS

DECEMBER 4, 2020

Morgan’s card-present and card-not-present processing scale can provide uniquely valuable insight into consumer spending during the peak holiday shopping season,” Smith said. . Black Friday sales stretched across the entire month of November as retailers launched special deals as early as Nov.

Online and Mobile Banking 115

Online and Mobile Banking NOV Treasury Processors 115

PYMNTS

NOVEMBER 16, 2020

On that day, Nov. Investors had more clarity, and hope, that consumers and businesses could soon be on a path to resume the physical activities that grounded important sectors of the U.S. PYMNTS fielded a national consumer study of 2,806 U.S. consumers on Nov. and global economy for most of 2020. percent).

NOV 108

NOV Consumer Risk On-Demand 108

Bank Automation

NOVEMBER 27, 2023

Truist Financial continued its managerial overhaul this month with appointments to fill the new chief operating officer position as well as chief consumer and small business banking officer and chief wholesale banking officer. The $535 billion bank made the following changes: Vice Chair Beau Cummins became COO effective Nov.

NOV 80

NOV Small Business Continuity Consumer 80

PYMNTS

DECEMBER 21, 2020

You can see it in how investors are putting money to work in both consumer-facing and B2B startups, and how startups and incumbents are forging new partnerships to move innovation faster to market. Source: PYMNTS.com longitudinal study of over 40,000 consumers (data from the most recent panel on Nov. consumers — 47.2

CHIPS 91

CHIPS NOV Online and Mobile Banking Contactless Payments 91

Fintech News

JANUARY 7, 2024

Finally, fostering a strong demand for payment solutions requires continuous education and awareness efforts to encourage consumers and businesses to adopt digital payments. 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 25, 2020

On Wednesday (Nov. This brings us one step closer to transforming personal finance by making it simpler for consumers to find the right financial products, put more money in their pockets, and provide financial expertise and advice,” said Sasan Goodarzi, CEO of Intuit, in a statement. “We billion proposed takeover of Credit Karma.

NOV 97

NOV Mitigation Product Finance 97

PYMNTS

NOVEMBER 12, 2020

Amazon said on Thursday (Nov. A PYMNTS study of a census-balanced sample of 2,165 consumers conducted Oct. consumers reported having a Walmart+ membership, just a bit more than a month after its launch. That compares to 68 percent of consumers who reported belonging to Amazon Prime.

NOV 105

NOV Volume On-Demand Consumer 105

PYMNTS

NOVEMBER 5, 2020

As Scott Rankin, principal and national consumer and retail strategy leader with KPMG US, told the Tribune , "with everything that's going on, there may be no Black Friday at all. As reported in September, “PYMNTS research has found that consumers believe they’ll be dealing with COVID-19 aftershocks through 2021 and possibly beyond.

NOV 88

NOV On-Demand Consumer Origination 88

PYMNTS

DECEMBER 4, 2020

And while the number of cases and deaths continues to climb, news of vaccine developments from Pfizer, Moderna and AstraZeneca has offered hope to consumers that a vaccine may hit the U.S. But what are consumers’ perceptions about the forthcoming COVID-19 vaccines? Our survey findings indicate that most consumers (81.7

Consumer 60

Consumer Research NOV Continuity 60

PYMNTS

NOVEMBER 11, 2020

“The Digital Kitchen incorporates innovative features that will complement our rapidly growing digital business, while delivering a convenient and frictionless experience for our guests,” Curt Garner , chief technology officer at Chipotle, said in a statement on Wednesday (Nov.

NOV 87

NOV On-Demand Origination Innovation 87