PYMNTS

OCTOBER 29, 2020

This new acceleration of cases comes at a time when consumers are becoming more deeply ensconced in their new digital shopping and eating habits. PYMNTS has been tracking the attitudes and behaviors of consumers since the beginning of the pandemic. The most common reason consumers gave is the fear they of contracting COVID-19.

Economy 90

Economy Shutdown Returns Consumer 90

PYMNTS

MARCH 21, 2020

The stock market, the unemployment tick-up, the uncertainty, the growing number of coronavirus cases, the concerns about the healthcare system, the small business shutdowns with uncertain futures – pick your poison in terms of bad news. They are time-consuming, they make for good team activities and they can be done on an ongoing basis.

Returns 73

Returns On-Demand Shutdown CHIPS 73

PYMNTS

MAY 4, 2020

A decision to reopen, even partially, must weigh the economic impact of keeping the economy locked down against the availability and effectiveness of treatments that will mitigate or eliminate the risk of another serious outbreak, as well as illness and deaths, within months of reopening – and the potential for another shutdown.

Economy 83

Economy Consumer Risk Returns 83

PYMNTS

SEPTEMBER 23, 2020

"It's gratifying that KKR sees such incredible value in our brand and that they will continue to support us in doing what we do best — delivering the best vision care to consumers with the highest quality customer service,” 1-800 Contacts CEO John Graham said in the announcement.

Shutdown 81

Shutdown Returns Innovation Consumer 81

PYMNTS

APRIL 27, 2020

At stake are the early returns on some issues that will determine the nature of consumer behavior and spending patterns, which are the lifeblood of retail for any season. As reported in the PYMNTS COVID-19 tracker just a week ago, consumers are willing to wait out their social exposure until they feel it’s safe to do so. “If

Shutdown 77

Shutdown Economy On-Demand Consumer 77

PYMNTS

JANUARY 21, 2019

It’s been 10 full days since government workers missed their paychecks due to the prolonged government shutdown, and one of the most recognizable crowdfunding companies is stepping in to help. I hope the shutdown ends soon. We hope this ends soon and your lives return to normal.”. This is not about politics.

Governance 76

Governance Government Shutdown Returns 76

PYMNTS

AUGUST 5, 2020

Consumer spending data from J.P. The numbers showed a 10 percent decline in spending compared to a year ago, albeit higher numbers as compared to the height of the pandemic’s economic destruction in March and April during the nationwide shutdowns, CNBC reported. In addition, unemployment filings have been spiking in recent weeks.

Economy 58

Economy Federal Reserve Shutdown Fed 58

PYMNTS

DECEMBER 23, 2020

Certain banks catering to small businesses will also continue to receive government support in the wake of a massive shutdown earlier this year due to the COVID-19 pandemic. 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%

Economy 69

Economy Returns Shutdown Small Business 69

PYMNTS

JULY 2, 2020

Lower digital sales penetration, a slower cadence of store reopenings, less agile management, and a continuing reluctance among many consumers to visit malls were all likely contributors to this dreadful sales performance,” said The Motley Fool. I think the majority of retail is going to have a tough time surviving another major shutdown. …

Shutdown 98

Shutdown Returns Caps Advisors 98

PYMNTS

MAY 18, 2020

Summer looms, and for those who had hoped for some return to normalcy — baseball games, movies, trips to New York City to see well, anything — those hopes appear dashed to a large measure. animated film, won’t return even after Broadway reopens at some point in the future. consumers about how the pandemic has impacted their routines.

Shutdown 57

Shutdown Returns Product Economy 57

PYMNTS

AUGUST 31, 2020

The government agency said shutdowns imposed to prevent the spread of the coronavirus since late March caused the decline, the worst it has been in two dozen years. But consumer demand and manufacturing have not improved, the AP reported. He said economic growth would not return to pre-pandemic levels anytime soon.

Economy 60

Economy Shutdown Governance Government 60

PYMNTS

MARCH 28, 2019

If there’s one lesson that credit union (CU) members took away from the 35-day government shutdown earlier this year, it’s that cooperative institutions have their members’ backs. However, CUs offered more than financial relief and products to their members during the shutdown. In fact, 81.3 In addition, 80.6 In fact, 33.3

Credit Union 55

Credit Union Shutdown Data Security Innovation 55

PYMNTS

SEPTEMBER 4, 2020

The Ministry of Statistics & Programme Implementation (MOSPI) said last week the shutdowns to prevent the spread of the coronavirus since late March were responsible for the decline. He added economic growth will not return to pre-pandemic levels anytime soon.

Economy 64

Economy Shutdown Issuers Returns 64

PYMNTS

JULY 10, 2020

After all, government shutdown orders have in many cases closed eateries for months, forced them to only offer takeout, reduced their dining-room occupancy levels or some combination of all three. Those that do can display a special decal in their doorway so consumers can spot participating restaurants. restaurants. million of the 156.6

Shutdown 63

Shutdown Returns Participant Governance 63

PYMNTS

OCTOBER 20, 2020

Until recently there was “a consumer” who industry felt it understood, and whose tastes it knew well enough to gauge the market of new products and services. In chronicling the digital shift since it went into high-gear last spring, PYMNTS has gathered valuable business intelligence on the demands of new digital-first consumers.

Consumer 88

Consumer Shutdown Returns Economy 88

PYMNTS

JULY 8, 2020

Unfortunately, this extended period of shutdowns and slow economic activity means fewer businesses will be around in the latter half of the year. However, this doesn’t discount the massive changes that have impacted consumer and business markets, and it doesn’t undercut the lessons we can take away from this crisis.

Shutdown 64

Shutdown On-Demand Returns B2B 64

PYMNTS

MAY 22, 2020

Le Garrec described his initial experience of the shutdown as something of a mad dash for survival. But will the consumers actually return? Merchants of all types and sizes are wondering if consumers will be excited to return to old habits like shopping in stores and eating in bistros. Powering The Pivot .

Shutdown 97

Shutdown Returns Checks On-Demand 97

PYMNTS

DECEMBER 28, 2018

Ajay Chopra, who founded Pinnacle Systems, a digital video hardware and software company for consumer and broadcast markets, wrote a column in TechCrunch about the viability of a private equity buyout for a startup. The option, the current venture capitalist said, is one worth seriously considering.

Shutdown 76

Shutdown Returns Process Consumer 76

PYMNTS

JULY 1, 2020

But for credit-union servicer CO-OP Financial Services , an 18-month effort to stand up a 150,000-person call center came to fruition in mid-March, just days before shutdowns began going into effect nationwide. Adapting to Changing Consumer Needs. A Data-Driven Future.

Credit Union 100

Credit Union ATM Volume Push-to-Card 100

PYMNTS

SEPTEMBER 28, 2020

Italians, as it turned out, weren’t terribly avid digital consumers pre-pandemic, with only 40 percent of consumers shopping online compared to 87 percent of British consumers and 79 percent of German shoppers. based consumers. So, what’s the hold up? Once locked down, Italians began adoption of eCommerce at record speed.

Push-to-Card 94

Push-to-Card Shutdown Contactless Payments Consumer 94

PYMNTS

JUNE 4, 2020

The report said the car industry, which was already affected by a drop in sales and dwindling consumer confidence even before the coronavirus struck, has been forced to shutter its factories and showrooms for weeks due to the pandemic. and Europe.

Shutdown 52

Shutdown On-Demand Returns Consumer 52

PYMNTS

MAY 28, 2020

Las Vegas is betting that, with social-distancing restrictions in place, customers will return to its famed casinos. Casinos will face the challenge of competing with the online gambling that many consumers have gone to during U.S. Nevada’s governor has given the go-ahead for casinos to reopen on June 4.

Shutdown 52

Shutdown Economy Returns Risk 52

PYMNTS

JUNE 10, 2020

Three of them are the most compelling: sheer numbers, market conditions and consumer sentiment. consumers have gone online to shop since the pandemic started. There are solid reasons consumers are going online, most having to do with health and safety. There are many reasons that the number seems overly aggressive.

Shutdown 52

Shutdown Consumer Research Advisors 52

PYMNTS

MARCH 30, 2020

Consumer confidence was at an all-time high, and unemployment at an all-time low. Consumer spending was strong, as were their household balance sheets. The construction and manufacturing sectors were the most bullish, as consumers bought new houses and invested in improving the ones in which they were living.

On-Demand 92

On-Demand Credit Cards Returns Shutdown 92

PYMNTS

JULY 2, 2020

PYMNTS’ research division has tracked the pandemic’s progress since the first week of March – not just in economic terms, but with regard to the sentiments of consumers and business leaders contending with this extraordinary event. Even before any official shutdowns, 43.8 By mid-April, the U.S. percent of U.S. percent of U.S.

Returns 52

Returns Consumer Research Shutdown 52

PYMNTS

JUNE 5, 2020

The restaurant industry is in a state of massive flux, with almost all on-site dining switched to carry-out as shutdowns in most U.S. Long before the COVID-19 pandemic, he said, restaurants were already expanding and improving their pickup and delivery capabilities in an attempt to build better and more convenient consumer experiences.

Shutdown 61

Shutdown Contactless Payments Consumer Checks 61

PYMNTS

AUGUST 8, 2020

Pushed by shutdown orders, limited supply and millions of consumers looking for something to do to fill their newfound hours of free time amid shutdowns, many people began making bread. It started with the bread baking. Instagram began looking incredibly like a bakery’s front page.

Shutdown 87

Shutdown Consumer Participant Posting 87

PYMNTS

OCTOBER 19, 2020

Consumers crave certainty, and they work pretty hard to minimize the risk of making a bad choice. That’s why once consumers find something that works, they stick with it. According to the theory of social proof, if consumers see enough people doing the same thing, others will feel comfortable following along.

Blocks 79

Blocks Consumer Returns Small Business 79

PYMNTS

APRIL 22, 2020

And as roughly as the official Labor Department figures are which as of today (April 21) were north of 22 million, PYMNTs most recent consumer survey, Navigating The COVID-19 Pandemic: The Post-Pandemic Reset indicates that the damage to employment is worse than the official figures show. percent of consumers (roughly 118.2

Shutdown 58

Shutdown Consumer Procedures Returns 58

PYMNTS

NOVEMBER 24, 2020

They’ve been forced to redesign their operations around digital services nearly overnight in response to shutdowns, he said, but face the real possibility that they’ll be driven out of existence by mega-digital players like Amazon or DoorDash. “It Doing so makes it easier to build directly and specifically for those consumers.

Shutdown 102

Shutdown Consumer Returns Process 102

PYMNTS

MAY 28, 2020

Of all the verticals hit hard by the global pandemic, hotels have seen their business slowed to a near stop as shutdowns and social-distancing rules bring travel of all kinds to a near halt. The AHLA’s Rogers expects to see travelers continue to return to hotels, although not back at 2019 levels. With the U.S.

Procedures 52

Procedures Shutdown CHIPS Economy 52

PYMNTS

SEPTEMBER 18, 2020

Local coffee shops had to close their doors due to shutdown orders and found that they needed to rethink their entire operational plans just to survive. What shops get in return is the ability to take orders digitally. “So, these independent shops really became a haven for that intimate, personal experience.”. What Happens Next .

Small Business 105

Small Business Shutdown Returns Processing Costs 105

PYMNTS

NOVEMBER 24, 2020

As it turns out, the average person only has so many recipes stored in their mental cookbook, and within a few weeks of eating them on repeat, consumers rapidly found that they needed the kind of outside guidance that meal kits provide. Will consumers keep ordering cookable meals when the easier option of dining out returns?

Economy 85

Economy On-Demand Shutdown Consumer 85

PYMNTS

MAY 25, 2020

If Amazon sees any M&A deals this year, it will likely be on the infrastructure side: shipping, return platforms and payment mechanisms. The stark fact is that retailers that can stay in business through what is basically a 90-day shutdown have access to a line of credit or receive substantial eCommerce business.

Shutdown 64

Shutdown Returns On-Demand Governance 64

PYMNTS

MAY 28, 2020

It’s a story clearly illustrated by PYMNTS’s recent consumer surveys of more than 12,000 American consumers every two weeks since March 6. All panelists agreed that retailers must ponder a coming landscape where stores still exist, but only as part of a much larger network of potential consumer “touch points.”.

Rules 58

Rules PayPal Returns Contactless Payments 58

PYMNTS

JULY 9, 2020

In a nod to community efforts to boost customer experienced, individual consumers can report on health efforts at Texas eateries — and whether they are enforcing standards such as social distancing and more official standards mandated by the state’s governor.

Shutdown 84

Shutdown AI Assessments Returns 84

PYMNTS

JUNE 15, 2020

businesses nationwide, car dealerships found themselves facing a crisis because consumers could no longer stop by the showroom for a quick test drive. That’s driven dealers and automakers to rewrite their business strategies with an eye toward creating new digital-sales tools that offer consumers more personalized, online services.

Shutdown 54

Shutdown Returns Consumer Process 54