Economy Push-to-Card Shutdown 
PYMNTS
JULY 3, 2020
Small- and medium-sized businesses have been hit hard by the pandemic, but most are scrambling into digital pivots to blunt the impact of physical stores’ shutdowns, Colleen Taylor , executive vice president and head of merchant services at Wells Fargo , told Karen Webster during a recent conversation. A Focus on Contactless Commerce.
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. There was some upside to Square’s earnings report — the surging popularity of Cash App pushed by stimulus payment deposits.
PYMNTS
JANUARY 23, 2019
The economic slowdown that has been flagged this week by the International Monetary Fund (IMF) is one that may be sparked in part by a no-deal Brexit , and fanned by a consistently slowing Chinese economy. My, that dance card’s getting crowded.) is not helping matters. In a word, a four-letter one: debt. trillion in 2017.
PYMNTS
JUNE 17, 2020
The COVID-19 pandemic has bolstered mobile payments in India and primed them to overtake card payments in the not-too-distant, S&P Global Market Intelligence said this week in its 2020 India Mobile Payments Market Report. By contrast, debit- and credit-card use only increased by 24 percent to $204 billion during the same period.
PYMNTS
JUNE 17, 2020
The COVID-19 pandemic has bolstered mobile payments in India and primed them to overtake card payments in the not-too-distant, S&P Global Market Intelligence said this week in its 2020 India Mobile Payments Market Report. By contrast, debit- and credit-card use only increased by 24 percent to $204 billion during the same period.
PYMNTS
JULY 7, 2020
Using credit cards (aka spending the bank’s money instead of your own) seemed so cool — until it suddenly wasn’t nearly as cool anymore. Then, just when everyone was really making money again, along comes COVID-19, wiping out the economy yet again, and within recent living memory no less. My Money, My Way.
PYMNTS
JULY 9, 2020
Gregory Francfort and JonMichael Shekian , BoA analysts, looked at transaction data from BoA credit and debit card holders to see how people were spending at restaurants. Gregory Francfort and JonMichael Shekian , BoA analysts, looked at transaction data from BoA credit and debit card holders to see how people were spending at restaurants.
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