PYMNTS

DECEMBER 16, 2020

The COVID-19 pandemic has been hard on everyone – consumers, businesses, government officials and healthcare workers – but the pain has been far from evenly distributed over the past nine months. Roughly the same reported stable demand, but 30 percent experienced a decline in sales.

On-Demand 112

On-Demand Shutdown Returns Economy 112

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

Fintech News

MARCH 21, 2024

The Human Element: A Growing Concern A worrying trend emerges from the report: despite a decrease in the total number of consumer-reported scams, financial losses have surged, indicating a move towards more effective and costly fraudulent operations. said Paul Fabara, Chief Risk and Client Services Officer, Visa.

Scams 114

Scams AI Ransomware On-Demand 114

PYMNTS

DECEMBER 8, 2020

And in shifts, as history demonstrates, a lot of other activity comes pre-built in as the ripple effects of a housing boom among younger consumers tend to travel far. These younger consumers are mostly buying first homes (86 percent of younger millennials and 52 percent older ones). Things like homeownership. Today’s Buying Boom .

Economy 141

Economy Returns Consumer On-Demand 141

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

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

NOVEMBER 22, 2024

This growth surge is fueled by a wave of new partnerships and a rising number of merchants embracing Trustly’s innovative payment technology to meet the demand for faster, more secure transactions. Trustly has developed the world’s largest bank payment network, uniquely capable of recognizing returning users across merchants and markets.

Transactions 97

Transactions Innovation On-Demand Instant Payments 97

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 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

The Payments Association

DECEMBER 11, 2024

2025 payment trends focus on digital wallets, instant payments, AI, fraud prevention, and consumer convenience, driven by evolving regulations and innovation. As the payments landscape evolves, businesses face increasing pressure to adapt to technological advancements and changing consumer expectations.

Payments Trends 88

Payments Trends Fraud Prevention Instant Payments Payments 88

PYMNTS

DECEMBER 27, 2020

The company has resorted to flying PCs to consumers at its own cost, rather than relying on shipping via sea or rail, which can take a month longer. Canalys analyst Ishan Dutt told Reuters the strain on suppliers is growing even more intense as consumers seek to upgrade computers. Built-in 5G or 4G connectivity also is popular.

Processors 112

Processors On-Demand Returns Governance 112

The Fintech Times

JULY 26, 2024

All of this is aligned with the company’s focus on localising its offering to meet UK consumers’ demand. The post eToro Expands UK Footprint: Adds 1,000 New Stocks to Meet UK Consumer Demand appeared first on The Fintech Times.

Consumer 64

Consumer On-Demand Returns Continuity 64

PYMNTS

DECEMBER 18, 2020

The company said that those factors were offset, in part, by expenses to help with formidable demand and to grow services, pandemic-related costs and “variable compensation expense.”. Customers get complimentary two-day shipping and returns as well as easy checkout and member-exclusive promotions. “We FedEx reported on Friday (Dec.

Volume 105

Volume Adjustments On-Demand Returns 105

PYMNTS

NOVEMBER 4, 2020

3M CEO Mike Roman told the WSJ that professional-grade N95 masks “are still in high demand – we have more demand than we can supply.”. Consumers Are Worried . The pandemic’s lingering effects also continue to have dramatic effects on consumers’ habits. That’s impacting such behaviors as how consumers shop and eat.

Void 99

Void On-Demand Origination Returns 99

Fintech Finance

JANUARY 12, 2024

Dubai First , the consumer services platform under First Abu Dhabi Bank (FAB), has become the first issuer in the region to leverage Mastercard Token Connect to push customers’ tokenized card details from its mobile app to Click to Pay and digital wallets.

Issuers 92

Issuers Visa Push-to-Card Online and Mobile Banking 92

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 96

Research BNPL Payments Returns 96

Neopay

NOVEMBER 25, 2024

The UK’s financial ecosystem is evolving rapidly, and with it comes the need for robust safeguarding measures to protect consumer funds. These changes aim to address persistent issues in safeguarding practices and enhance consumer protection. Enhanced oversight Monthly regulatory returns to the FCA detailing safeguarding arrangements.

Consumer Protection 52

Consumer Protection Consumer Audit Compliance 52

Fintech Finance

MARCH 20, 2024

Today, Visa released the Spring 2024 Edition of its Biannual Threats Report, which outlines the top payment threats impacting consumers and businesses around the world. These investments, in addition to our ongoing education and top talent, allow us to stay ahead of scams and protect consumers.” 15 percent of U.S.

Scams 59

Scams Consumer Ransomware AI 59

PYMNTS

JULY 17, 2020

“As consumer and business digital adoption has catapulted over the last 12 weeks, when it comes to payments, there are certain status quos we will no longer accept.”. Modernizing payments is work that never ends, but the end game is a world of connected commerce and consumer preference. Remember the old adage “cash is king?”

Ubiquitous 96

Ubiquitous Instant Payments On-Demand Innovation 96

PYMNTS

NOVEMBER 4, 2020

4) that demand for borrowing snapped back 80 percent in the third quarter, while the performance of its pre-pandemic portfolio continued to be resilient. GDP is rebounding, initial unemployment claims are dropping, and consumer spending is recovering in many categories.”. We are not sitting still and hoping for things to get better.”.

Volume 111

Volume On-Demand NOV Continuity 111

PYMNTS

AUGUST 21, 2020

More recently, the executive said on Fox Business News that a return to previous travel volumes would hinge on a vaccine. Consider the fact that, as estimated by the International Air Transport Association (IATA), a trade association of the world’s airlines, global passenger traffic will not return to pre-COVID levels until 2024.

Returns 116

Returns Volume On-Demand Continuity 116

PYMNTS

JANUARY 1, 2021

And long-lasting, despite our collective societal wishes that things return to the way they used to be. For example, PYMNTS’ Emerging Post-COVID Consumer study found in October that about 80 percent of respondents said they planned to keep some or all of their newfound traits after the virus threat subsides. CPGs’ Big Bet.

On-Demand 113

On-Demand Economy Consumer Returns 113

PYMNTS

OCTOBER 23, 2020

As it turns out, kids locked down and attending virtual school from their bedrooms are looking for ways to fill their time — which in turn has led to a return to toy buying among parents. It is a return, because for the last several years toys sales have been slumping. Barbie gross sales rose 29 percent in Q3, to $532.2

On-Demand 86

On-Demand Returns Consumer 86

The Fintech Times

MAY 21, 2024

“With the increased confidence in blockchain technology’s capabilities, fintech innovators will create high-demand RWA projects in areas that stretch beyond the current landscape. Most NFTs saw a significant reduction in value as interest in the concept rapidly reduced across the globe. Turning NFTs and art into theatre and fire.

NFTs 145

NFTs Use Case Non-Bank Facilitators 145

PYMNTS

JULY 30, 2020

Consumers who are rapidly moving to digital commerce in the pandemic’s wake are looking for very different things when it comes to transacting with financial services firms. “A Diebold has found that consumers want to enter the branch when they have a slightly more complex question that requires a human to answer.

ATM 118

ATM On-Demand Verification Consumer 118

PYMNTS

OCTOBER 11, 2020

While this in part can be attributed to ongoing supply-side interruptions, the speed of the recovery is also held back by a lack of buoyancy in demand conditions. percent below the same figure at the end of 2019, he said, and "economic activity is foreseen to return to pre-pandemic levels only towards the end of 2022.".

Central Bank 96

Central Bank Assessments Consulting On-Demand 96

PYMNTS

JANUARY 12, 2021

That includes Payments-as-a-Service (PaaS) in which providers help enterprises accept a range of transactions from their end customers — whether those end users (the ones actually paying and getting paid) are consumers or corporates. Flexibility Is Key. Technology brings the concept of flexible payments into reality.

Payment APIs and Integration 104

Payment APIs and Integration Payments B2B Money Laundering 104

PYMNTS

AUGUST 17, 2020

What we see in those numbers are the glimmers of a “V-shaped” recovery in those segments where consumers really value and want to return to the physical retail experience – with restaurants leading every other sector. And what we also see is only one part of the retail sales story. And where are they spending their money?

Economy 134

Economy Adjustments Consumer Product 134

PYMNTS

NOVEMBER 30, 2020

That little trend is now a serious matter, with one in five Americans losing a package to theft since the pandemic started to the tune of an average of $106 per consumer. For every case of refund fraud, there are also millions of real consumers who have been the victims of porch pirates making legitimate claims about packages never arriving.

Returns 81

Returns On-Demand Consumer Crime 81

Fintech News

MARCH 18, 2024

The global flirtation with Buy Now Pay Later (BNPL) services seems to be coming undone, as new data on consumer payments unveils a significant drop in the appetite for this contentious credit payment approach. Within under two years, accusations of substantial fraud led to financial turmoil and a significant tarnish on its reputation.

BNPL 128

BNPL Void On-Demand Underwriting 128

PYMNTS

DECEMBER 31, 2020

While that’s just a small example at a regional grocery chain, it does point to the fact that the world of eating might never quite be the same because consumer tastes have migrated fairly dramatically. We all still like pizza and wings, but as a group, consumers are considering where they’ll order them from quite a bit more widely.

Returns 94

Returns Consumer On-Demand PayPal 94

PYMNTS

FEBRUARY 1, 2021

The consumer packaged goods (CPG) industry had a banner year in 2020, as homebound consumers upped their consumption of toilet paper, paper towels, cleaning supplies, canned goods, laundry detergent and snack foods. Where Consumer Preferences Changed, CPG Makers Are Shifting Products . The CPG Sales Inversion Is Coming.

Consumer 116

Consumer On-Demand Product Returns 116

PYMNTS

JANUARY 26, 2021

Consumers’ migration to using contactless payment methods more often for their speed and convenience was only accelerated during the onset of the pandemic last year. Fagan said CUs have seen deposit balances rise, a sign that consumers have been careful about building savings, reducing debt and compiling barriers against financial shocks.

Credit Union 110

Credit Union Contactless Payments Online and Mobile Banking Credit Union Service Organization 110

PYMNTS

SEPTEMBER 18, 2020

Consumers and businesses are wholeheartedly embracing mobile wallets powered by QR codes as the best way to pay, pretty much no matter where they are – or who they are. consumers could have learned to pay with QR codes, but the technology hit two major roadblocks. Second, U.S. Or at least they weren’t until COVID-19.

Contactless Payments 116

Contactless Payments PayPal Mobile Payments Consumer 116

Finovate

SEPTEMBER 20, 2024

In our extended conversation, we discussed TBC’s goals in Uzbekistan, nature of banking in Central Asia, what key financial services are in the most demand, as well as how enabling technologies are helping financial institutions in the region better serve their customers. This supports demand for modern digital financial services.

Innovation 122

Innovation FinTech Online and Mobile Banking On-Demand 122

Finovate

MARCH 27, 2024

A few years later, we also acquired Compliance Systems, a fintech provider of digital and dynamic compliance documentation, and CuneXus, a consumer-facing portal featuring financial services for credit unions. The key to success in this economic environment is to listen to market demand, stay flexible, and be willing to take risks.

Credit Union 110

Credit Union FinTech On-Demand Acquirers 110

PYMNTS

DECEMBER 11, 2020

That’s the reality that the majority of consumers — 78 percent, according to Blackhawk’s data — are already anticipating a post-pandemic world where their shopping habits will permanently shift to digital. And a little under half (44 percent) see themselves as highly unlikely to ever return to the old normal. Building the Next Stage .

Posting 116

Posting Push-to-Card Debit Card On-Demand 116