PYMNTS

DECEMBER 26, 2019

National Returns Day, which is Jan. Consumers are expected to return 1.9 million packages via UPS, a 26 percent increase over last year’s National Returns Day. 26 used to be the big day for holiday returns, with customers crowding malls and department stores to stand in long lines.

Returns 52

Returns On-Demand Visa Volume 52

PYMNTS

NOVEMBER 30, 2020

Shopping in person has become more complex during the pandemic as consumers seek to reduce the time they spend in public. State mandates have also forced some businesses to close or limit on-premises operations, prompting such merchants to connect with consumers online instead. Virtual Card Payment Trends.

On-Demand 60

On-Demand Security Debit Card ATM 60

PYMNTS

AUGUST 2, 2019

But for apparel that costs more and needs to look nice, the conventional wisdom was that consumers wouldn’t be as willing to make a blind buy. Free returns and more generous return windows have taken a lot of the sting out of the process. They wanted to see it in person, touch it and try it on. We do customization on scale.

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On-Demand Returns Product Consumer 49

PYMNTS

DECEMBER 22, 2020

consumer is still standing — but how they pay has changed with the times, both out of necessity and out of convenience. Part of that shift has been driven by the fact that many businesses do not accept cash, and consumers are opting to eschew bills and coins with public health concerns still top of mind. “I Debit Wins Out.

Consumer 123

Consumer Credit Union BNPL Payment APIs and Integration 123

PYMNTS

NOVEMBER 16, 2020

It is absolutely amazing to be able to develop this vaccine and see the ability to prevent symptomatic disease with such high efficacy," Dr. That, in turn, slightly redefines a minor debate among experts as to when normalcy could return with a vaccine in play. Consumers’ Complicated Relationship to a Vaccine . percent efficacy rate.

Consumer 92

Consumer Returns On-Demand NOV 92

The Fintech Times

AUGUST 20, 2024

Flagstone’s customer base of individuals, small and medium-sized businesses, and charities have also increased significantly, signalling accelerated adoption of the company’s fintech platform and heightened demand among consumers and companies for competitive cash savings options.

Returns 59

Returns On-Demand Underserved Accounts 59

PYMNTS

SEPTEMBER 1, 2020

Chinese consumers who have the money to spend are doing exactly that on retail splurges — but that hasn't translated evenly across all sectors of the economy, with spending on luxury items up but other more common retail lagging. Bloomberg reported that luxury items like handbags, cosmetics and cars are doing well.

Consumer 63

Consumer Economy On-Demand Returns 63

PYMNTS

JUNE 3, 2020

We think consumers are still going to be pretty reluctant to travel very far, stay in hotels or take part in gaming until there is a vaccine,” he said. And no matter what the relative hunger is for return to the roulette table, there will still be strict capacity limits in place when Vegas opens for business again this weekend.

Returns 56

Returns CHIPS Rules Mitigation 56

PYMNTS

JULY 3, 2018

The rise of eCommerce, and the fierce competition it has produced among merchants, has led to return policies that are liberal, inexpensive and nearly hassle-free for consumers. Returns stand out, though, given the importance they have gained as more consumers shop digitally. Reputation, Rosenberg said.

Returns 40

Returns On-Demand Product Consumer 40

PYMNTS

AUGUST 30, 2019

After arranging all that, he said, he returned to his cold steak and figured there had to be a better way. In fact, a big part of the decision to enter a new market is the availability of such an anchor client that can drive a critical mass of demand. I knew I had a problem.”. And I had to pay $500 just to get him out there.

On-Demand 40

On-Demand Online and Mobile Banking Participant ACH 40

PYMNTS

OCTOBER 12, 2020

In a time of increasing change for retailers and consumers, the current global climate has begun accelerating the future of retail trends at a much quicker pace than previously envisioned. However, one thing still rings true: Consumers need a reason to change ingrained behaviors. By contrast, U.S. is suddenly popping up everywhere.

Consumer 126

Consumer Push-to-Card Ubiquitous Credit Cards 126

PYMNTS

FEBRUARY 9, 2018

After discovering that its customers have been misusing its generous return policy, L.L. Bean is changing its rules for returns. Customers had been able to return products years after buying them from L.L. 9) that customers will now be limited to a one-year return window, the Wall Street Journal reported. Bean’s history.

Returns 40

Returns B2C On-Demand Rules 40

PYMNTS

DECEMBER 3, 2019

No problem in the era of generous returns and try-before-you-buy programs that let customers slip on their new orders before deciding to make a final purchase and keep them. We focus on those direct-to-consumer brands,” Holtz told Glossy. The couriers return the following week to make new drop-offs, and pick up unwanted items.

On-Demand 52

On-Demand Returns Consumer AI 52

The Fintech Times

SEPTEMBER 7, 2024

A triumphant celebration of Britpop’s return quickly descended into chaos, with many fans left disappointed, frustrated and significantly lighter in the wallet. This surge in pricing wasn’t due to a technical glitch, but rather the practice of dynamic pricing – a system where prices fluctuate based on demand. Is dynamic pricing fair?

On-Demand 59

On-Demand Laws AI Consumer 59

Fintech Finance

SEPTEMBER 19, 2024

New research published today by Adyen , the global financial technology platform of choice for leading businesses, has uncovered the importance of a frictionless payment experience for hotel customers, with over a third (37%) of consumers admitting to have left the booking process because they haven’t been able to pay the way they would like.

Research 52

Research BNPL Payments Returns 52

PYMNTS

SEPTEMBER 15, 2020

To that end, in China, retail data showed consumers snapped a seven-month streak decline. Data published by China’s National Bureau of Statistics showed consumer spending gained 50 basis points in August from the year ago period. Jobs, of course, pay the wages that underpin consumer spending. Industrial production, up 5.6

Consumer 68

Consumer Economy Cross-Border Governance 68

PYMNTS

NOVEMBER 8, 2019

Customers who do not feel they can safely transact on such platforms are highly unlikely to return to them, putting tremendous pressure on merchants to provide experiences that are both seamless and secure. Digital marketplaces rely on trust to thrive.

On-Demand 40

On-Demand Credit Cards AI Underwriting 40

PYMNTS

AUGUST 7, 2019

Consumers can choose to either rent or return. Once consumers choose their items, they can choose to rent hourly or purchase a day pass. After checking out, consumers also receive instructions on how to assemble or use the product. Ballbox offers individual items and products in packages through the kiosks.

On-Demand 49

On-Demand Automation Checks Product 49

PYMNTS

NOVEMBER 5, 2020

demand for jewelry. He was the first in a long time of innovators who realized that taking out the middleman and selling direct to consumer (D2C) allowed him to undercut stores on price. The guide for toys is also an increasingly smart place to make a play for consumer spend, as toy sales have surged this year.

Returns 68

Returns On-Demand Consumer Innovation 68

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. consumers are now buying retail goods online as of May 23, compared to 29.2 PYMNTS’ latest survey shows that 35.7 percent of U.S. percent on April 11.

Consumer 55

Consumer Economy On-Demand Returns 55

The Fintech Times

MARCH 1, 2024

The move will see Mastercard provide a foundational set of open banking products as a new core benefit to Mastercard consumers, small business debit issuers, as well as consumer prepaid issuers in the US. In a recent study, Insider Intelligence found that Gen Z mobile banking adoption continues to rise by 12.4 million in 2020 to 47.8

Card Issuer 64

Card Issuer Issuers Visa Online and Mobile Banking 64

PYMNTS

MARCH 21, 2020

Consumers have also gotten nostalgic in their choice of video game systems, eschewing more complex modern systems for the old-school, 8-bit systems that were popular 25 to 30 years ago. They are time-consuming, they make for good team activities and they can be done on an ongoing basis. Baking’s Big Return . They’ll be homemade.

Returns 73

Returns On-Demand Shutdown CHIPS 73

Fintech Finance

FEBRUARY 28, 2024

Today Mastercard announced the Open Banking for Account Opening program, providing a foundational set of open banking products as a core benefit to Mastercard consumer and small business debit issuers as well as consumer prepaid issuers in the U.S. year over year, from 20.7 million in 2020 to hit 47.8 million by 2026.

Visa 59

Visa Accounts Issuers Online and Mobile Banking 59

PYMNTS

MARCH 18, 2016

Regular readers and retail enthusiasts don’t need much of a background explanation for the current troubles facing the emergent on-demand economy. The barriers for entry into on-demand delivery are relatively low, technologically and logistically speaking. Part of this is a natural winnowing of the field.

On-Demand 40

On-Demand B2C B2B Returns 40

Finovate

JUNE 6, 2024

Late last month, the Consumer Financial Protection Bureau (CFPB) issued an interpretive rule stating that Buy Now, Pay Later (BNPL) lenders are credit card providers. What impact will the new ruling have on end consumers? Martin : End consumers will benefit from enhanced protection and more transparency when using a BNPL service.

Consumer Financial Protection Bureau (CFPB) 52

Consumer Financial Protection Bureau (CFPB) Rules BNPL CFPB 52

PYMNTS

SEPTEMBER 9, 2020

consumers who shifted to digital commerce during the spring — approximately 99 million people — don’t plan to resume regular in-store shopping after the COVID-19 incident is declared over. Visual and social cues … are important to consumers of all ages and income brackets, albeit to varying degrees. For them, stores are “over.”.

Consumer 57

Consumer Economy Research On-Demand 57

PYMNTS

MAY 4, 2020

At the same time, consumers are doing their own cost/benefit calculations about when it’s safe to re-enter and resume their daily activities. Consumers’ interest in going out: Share of consumers who say they are interested in leaving their homes more often than they do today. Most aren’t in much of a rush.

Economy 83

Economy Consumer Risk Returns 83

Fintech Finance

FEBRUARY 6, 2024

Consumer card spending grew 3.1 However, pointing to improving optimism, consumers’ confidence in both their household finances and ability to spend within their means reached its highest point in over two years. per cent), as UK consumers returned to their regular routines after the Christmas break. per cent – up from 2.8

Finance 52

Finance Consumer On-Demand Caps 52

The Fintech Times

SEPTEMBER 5, 2024

Following a successful first day at 24 Fintech , I returned to explore everything else the inaugural industry event had to offer. With fintech driving demand for instant financing solutions, American Express aims to expand its SME lending portfolio from six per cent to 20 per cent, thereby contributing to Saudi Arabia’s economic growth.

FinTech 69

FinTech AI Innovation Addressing 69

PYMNTS

JUNE 23, 2020

The Big Style Sale was created as something of an event filler and something of a way to juice consumer spending. First and foremost, consumer[s] are facing an economic downtown and won’t be in the mood for a lavish buying spree in July (when the usual Amazon Prime Day date happens). Cue: September.

Consumer 64

Consumer On-Demand Origination Returns 64

Accertify

SEPTEMBER 15, 2023

trillion in 2026 (1) , fuelling a rise in returns and, with it, a new wave of returns fraud. In the previous blog in this series , we talked about returns abuse and wardrobing. The rise in eCommerce correlates with a rise in returns fraud. of online returns are fraudulent (2). of online returns are fraudulent (2).

Returns 52

Returns On-Demand Consumer Consulting 52

FICO

APRIL 9, 2019

Data is being used to improve all aspects of a consumer's life in our increasingly digital world. Retail stores use location data to drive consumers to local stores and restaurants and is even used in the store to better design its layout and available inventory. Simply put, consumers are more empowered.

Innovation 66

Innovation Consumer Security Demand Deposit Account (DDA) 66

PYMNTS

DECEMBER 10, 2020

In eCommerce, Amazon ’s third-party merchants are worried they won’t be able to satisfy holiday demand due to restrictions on the volume of inventory the firm can keep in its facilities. 48.8% : Portion of consumers who require a vaccine before returning to their routines. All this, Today in Data.

Credit Risk 102

Credit Risk Risk Management AI On-Demand 102

PYMNTS

FEBRUARY 28, 2020

Beyond the speculation of what the Coronavirus might mean for the ongoing presidential election, and for the current occupant of the White House, the hits to marquee names across consumer-facing tech, such as Apple and Microsoft, due to supply chain disruptions, signal trouble for other companies and sectors. percent to 4.1 percent to 4.1

Returns 52

Returns SARS Rules On-Demand 52

PYMNTS

MARCH 31, 2020

Amid the global coronavirus pandemic, Aron said he knew it was unclear exactly what the path forward would look like for reopening movie theaters — of which AMC is the nation’s largest chain — but he said he thinks people will be eager to return once it is safe to do so. AMC shares have fallen by 54 percent this year thus far.

Consumer 52

Consumer On-Demand Returns Origination 52

PYMNTS

JUNE 9, 2020

consumer have gone “do-it-yourself” (DYI) on their beauty routines — even as states begin to phase out lockdown orders against salons. consumer have gone “do-it-yourself” (DYI) on their beauty routines — even as states begin to phase out lockdown orders against salons. But as quarantines dragged on, many U.S.

Returns 57

Returns On-Demand Consumer Consulting 57

PYMNTS

JUNE 7, 2019

As consumers grow accustomed to digital shopping and mobile ordering, slow transactions can make or break the customer experience. consumers can now access same-day ACH, so the technology is there. The rise in online shopping means more shoppers needing refunds on returned merchandise. Many Happy Returns.

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Returns Same Day ACH Real Time Payments Risk 71