PYMNTS

DECEMBER 27, 2020

In a continuing showing of the strength of the cryptocurrency, bitcoin is now valued at $500,000, according to the report. Binance KR will cease operations because of low usage and volume with limited trading pairs of BKRW. and the anticipated hard shutdown will take place Jan. 25) and then $26,000 on Saturday (Dec.

CBDC 101

CBDC Bitcoin Digital Currency Cryptocurrency 101

PYMNTS

APRIL 6, 2020

Yet, consumers continue to overwhelmingly prefer physical transactions over contactless methods. If Apple Pay and Walmart Pay were used to pay for all the purchases where possible in 2019, the annual sales volume would have totaled close to $3 trillion. percent reported Walmart Pay usage.

Point-of-Sale (POS) 93

Point-of-Sale (POS) Consumer Shutdown Contactless Payments 93

PYMNTS

NOVEMBER 2, 2020

The report , released back in April, predicted the sharpest-ever decline in remittance volume, projecting a 20 percent drop in remittance activity. Interestingly, the World Bank cited the pandemic and related shutdown as the main cause of the trend, pointing to lower wages and lost jobs as a key factor.

B2B 96

B2B Non-Bank On-Demand Volume 96

PYMNTS

NOVEMBER 3, 2020

While India is one of the world's largest economies, many industries in the country continue to rely on legacy infrastructure to operate. Amid a widespread shutdown, Kirana stores remained open as essential businesses to continue serving their local communities — yet store owners were unable to physically visit their wholesale marketplaces.

B2C 84

B2C B2B Payments Economy 84

PYMNTS

OCTOBER 16, 2020

For the moment, merchants and brands have been forced accelerate digital upgrade plans literally by years in a matter of months, as ongoing PYMNTS research on the coronavirus pandemic’s effects continue to find consumer fear of contagion in physical settings like stores. The very air abounds in examples these days, few better than Shopify.

Consumer 84

Consumer Shutdown Volume Product 84

PYMNTS

MARCH 23, 2020

While CUs have never dealt with anything quite like this or at this scale, they have been on the ground for wildfires in California, hurricanes across the southeast and the government shutdown a year ago that resembled the current crisis in many key ways. Moving Forward.

Credit Union 52

Credit Union Credit Union Service Organization Shutdown Volume 52

PYMNTS

JUNE 19, 2020

American consumers will be spending more time at home this summer as they continue to social distance amid the COVID-19 pandemic, and they are thus examining ways to spruce up their surroundings with home improvements and backyard landscaping projects. Demand Rises For Furniture, Garden Supplies .

Consumer 60

Consumer BNPL On-Demand Shutdown 60

PYMNTS

DECEMBER 24, 2020

At the dawn of 2020, commercial cards made up only a fraction of overall B2B payments volume, even as corporates continued their slow-but-sure payments digitization efforts away from the paper check. But in the midst of the coronavirus crisis, the corporate card seemed to unlock more value for businesses large and small.

Commercial Card 81

Commercial Card B2B Visa Issuers 81

PYMNTS

JUNE 16, 2019

points to 105 in May, surpassing pre-shutdown levels. Small business owners are demonstrating a continued confidence in the strength of the economy and are betting capital spending dollars on it,” added NFIB Chief Economist William Dunkelberg. New data showed that small business optimism rose 1.5 workers per firm.

Small Business 41

Small Business Shutdown Economy Volume 41

PYMNTS

DECEMBER 3, 2020

The program began to disappear in the 1990s as credit cards grew more popular, but some retailers have continued to offer layaway during the holiday shopping season. The volume of downloaded BNPL mobile apps reached record levels this fall, with first-time app users growing 115 percent in September compared to the same month last year.

BNPL 60

BNPL Consumer Shutdown Product 60

PYMNTS

APRIL 9, 2020

The share of consumers with Apple Pay-capable iPhones — which include the iPhone 6 and later models — has continued to climb,” the report states. The increase in potential sales volume reflects a larger pie, but Apple Pay’s slice remains very small, at just 0.9 The mobile wallet can now be used on 92.8 up from 39.3 percent in 2019.

Point-of-Sale (POS) 56

Point-of-Sale (POS) Shutdown Consumer Volume 56

PYMNTS

JUNE 19, 2018

Rent-A-Center ‘s decision to sell itself to Vintage Capital comes amid a continuing expansion of so-called “alt lending” options for consumers, which could make it more difficult for the chain to reinvent itself as it becomes a private company under its new ownership. listed shares have outpaced S&P 500 returns over that time.”.

Shutdown 41

Shutdown On-Demand Consumer Agreements 41

CB Insights

MAY 16, 2018

Since 2015, GreenSky’s transaction volume has grown significantly — from $2.08B in 2015 to $3.77B in 2017. In 2017, GreenSky noted that the home improvement market was estimated to represent close to $315B in spending volume. The company’s own transaction volume, largely in the home improvement space, hit $3.8B

Volume 35

Volume Shutdown Finance Procedures 35

PYMNTS

MAY 8, 2020

For the last several weeks speculation has run rampant on what the real effects of the COVID-19 pandemic and resultant shutdown would end up being by the numbers when the Q1 earnings officially hit the wires. This is what was going before the pandemic, and we think that acceleration is going to continue far past it,” Benson said.

Economy 75

Economy PayPal Payments Push-to-Card 75

PYMNTS

JANUARY 31, 2019

Visa beat expectations on double-digit payment volume growth even as international transactions slowed markedly. As measured in dollars, payments volume neared $2.3 And, he noted, another government shutdown, were it to happen, would hit consumer spending and sentiment. Contactless Continues To Be In Crosshairs.

Volume 67

Volume Cross-Border Cross-Border Payments Push-to-Card 67

PYMNTS

APRIL 27, 2020

There’s certainly a movement of SMBs doing … well, something to preserve operations as the shutdowns spread out across almost all US states. This shift, to remote, perhaps even far-flung work done digitally, speaks volumes to a shift we’ve been observing for months. percent state they’d seek to have employees work remotely.

On-Demand 67

On-Demand Small Business Shutdown Payroll 67

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

MAY 4, 2020

Those reserves come even as the banks have extended relief over the last several weeks (and will continue to do so) through forbearance. We’re seeing trends like that continue here in April,” she said. payments volume stems from drugstores along with Walmart, Costco and Target. The Green Shoots? What’s In The Cards?

Payment Networks 78

Payment Networks Volume Payments Credit Cards 78

PYMNTS

JANUARY 18, 2019

Yes, volatility reigned in the last quarter, and all manner of investors fled all manner of assets, and so depending on where you looked, trading volumes and commissions were down, mid-single digit percentages (such as for Goldman) to double-digit percentages (such as for JP Morgan). Let’s put the vagaries of trading revenues aside.

Online and Mobile Banking 51

Online and Mobile Banking Volume Point-of-Sale (POS) Debit Card 51

PYMNTS

MAY 8, 2020

Reaching out online is helping clubs endure the shutdown. Payments facilitators may be concerned that their clients will experience higher-than-usual chargeback volumes while also receiving little new revenue to pay them. Flexibility Training for Business Formats.

Facilitators 65

Facilitators Risk Returns Shutdown 65

PYMNTS

APRIL 13, 2020

As a Charmin representative noted in an email to PYMNTS: “We have experienced volume volatility before — this is not our first ‘rodeo.’”. Afterward, those engineers were left stranded in Georgia as their return flights were canceled due to the airline shutdown. Toilet paper manufacturers deal with surge all the time.

On-Demand 118

On-Demand Shutdown Product Returns 118

PYMNTS

MAY 5, 2017

These arguments are still alive today, but the voices behind these arguments have softened as blockchain continues to be embraced. Basically, blockchain technology can be applied to anything that involves a digital contract or money exchanging hands. Claims of identity, escrows, property, title exchange, proof-of-possession, etc.

Blockchain 44

Blockchain Bitcoin Regulations Push-to-Card 44

CB Insights

JULY 17, 2018

North 3rd Street Market opened in Williamsburg, Brooklyn, in May 2018, just in time for the dreaded L train shutdown. But with commercial rents continuing to rise in most urban areas, it’s been a challenge both for small businesses and national retailers to find affordable space. in annual sales. Community initiatives: Loom.

On-Demand 69

On-Demand Automation Origination Fed 69

CB Insights

NOVEMBER 9, 2017

. “The general consensus of the employee base is that there was mismanagement of finances,” said one former company executive… The day after the shutdown announcement, one Mode manager of an overseas office described receiving frantic emails from headquarters requesting immediate transfer of all funds and assets back to the US.

Online and Mobile Banking 78

Online and Mobile Banking On-Demand Shutdown Push-to-Card 78

CB Insights

OCTOBER 31, 2017

Since midsummer, the consumer hardware space has continued to claim its share of high-profile, VC-backed casualties — including Juicero’s $400 juicer-as-a-platform, Teforia’s $1,500 tea infuser, and Jawbone’s lineup of high-design (but rarely shipped) wearable fitness trackers. 2017 Third Update (10/31/17).

Posting 78

Posting Product Online and Mobile Banking On-Demand 78