PYMNTS

APRIL 22, 2020

consumers – found that customers won’t return to anything approaching “normal” shopping until several things happen beyond a simple government go-ahead. It turns out social distancing isn’t just a government order, but is also a real concern to consumers – and a potential hindrance to retail recovery. When asked for their No.

Consumer 62

Consumer Returns Governance Government 62

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. But that optimism is translating into an expectation among SMBs that things will return to normal sooner than most consumers expect.

On-Demand 112

On-Demand Shutdown Returns Economy 112

PYMNTS

MAY 8, 2020

More than 78 percent of unemployed workers told the government they expect their layoffs to be temporary, perhaps the silver lining amid the COVID-19 turmoil, CNBC reported. Those workers said they expect to return to work by October. Michelle Meyer, Bank of America’s head of U.S.

Shutdown 60

Shutdown Returns Economy Governance 60

PYMNTS

APRIL 27, 2020

It’s that day that several states, and now the federal government, have set as an unofficial day to begin reopening the economy. 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.

Shutdown 77

Shutdown Economy On-Demand Consumer 77

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. He said economic growth would not return to pre-pandemic levels anytime soon. Among the problems is a history of bad lending decisions and poor governance.

Economy 60

Economy Shutdown Governance Government 60

PYMNTS

NOVEMBER 10, 2020

The rest will go toward developing partnerships with governments and regulators “to raise the bar” when it comes to modern, unbiased lending. While governments and regulators are partly responsible for the current bias-fighting trend, de Vere said the real push is coming from the banks themselves. Ensuring Inclusive Banking.

AI 138

AI Underwriting Credit Risk Credit Union 138

PYMNTS

APRIL 23, 2020

It shows that several conditions beyond simple government permission will be necessary for consumers to consider anything approaching non-essential normal shopping behavior. First, the length of the coronavirus pandemic is very different in consumer’s minds than it is from government or private sector estimates. percent on March 17.

Consumer 61

Consumer Returns Shutdown Governance 61

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, 33.3

Credit Union 55

Credit Union Shutdown Data Security Money Laundering 55

PYMNTS

SEPTEMBER 30, 2019

The filing will allow the retailer to continue operating while it attempts to reorganize the business and return to profitability. The company said it will close a large number of physical stores worldwide, CNBC reported on Sunday (Sept. Forever 21 plans to close up to 178 stores in the U.S.,

Shutdown 59

Shutdown Procedures Returns Governance 59

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. The COVID-19 pandemic could have an unexpected casualty — a significant percentage of U.S. restaurants.

Shutdown 63

Shutdown Returns Participant Governance 63

PYMNTS

JUNE 24, 2020

The United States economy is steadily reemerging from the COVID-19 pandemic-induced shutdown. Governments around the world have launched stimulus programs aimed at supporting the payrolls of businesses forced to scale back or shutter operations during the pandemic. Around The Changing Payroll Landscape. is direct payments to citizens.

Payroll 94

Payroll Checks IRS Shutdown 94

PYMNTS

MAY 7, 2020

CNBC reported health experts and government officials say sports events probably won’t happen until next year at the earliest. Peter Bach, director of the Center for Health Policy and Outcomes, told the network the return of big events is not a priority. Fans can opt for a cash refund or get another ticket for a later game.

Shutdown 52

Shutdown Ubiquitous On-Demand Returns 52

PYMNTS

MARCH 30, 2020

For them, it all depends on how long the current lockdown/shutdown lasts and when consumer demand will return — and at what level. At that point in time, only 20 percent of SMBs we talked to that asked the government (at any level) for assistance received any, and only 17 percent that asked their banks for more funding had gotten it.

On-Demand 92

On-Demand Credit Cards Returns Shutdown 92

PYMNTS

JANUARY 10, 2019

But there is some good news: Despite the government shutdown, tax refunds will still be paid, according to the most recent reports. Tax refunds and government assistance were the most common disbursement use cases, while store and brand incentives, credits and rebates were the next most popular.”. Rise of Quicker Payments.

Tax Refunds 48

Tax Refunds IRS Real Time Payments Blocks 48

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 failure of government programs like PPP hasn’t helped the outlook. The survey found that 30 percent of all SMBs have either failed or don’t know how they can recover.

Shutdown 64

Shutdown Returns On-Demand Governance 64

PYMNTS

MAY 7, 2020

The coronavirus pandemic has overturned normal commerce, and businesses are working to quickly find new ways to offer services during shutdown orders and to prepare for safe re-openings. Gyms have turned to offering virtual classes, while restaurants are doubling down on delivery services, for example.

Consulting 73

Consulting Shutdown Facilitators Payment Solutions 73

PYMNTS

MAY 12, 2020

As of Monday, Simon had reopened 77 properties in areas where the restrictions were eased by local governments. Many people have grown accustomed to digital shopping and may not return to physical spaces hastily.

Returns 54

Returns Governance Government Shutdown 54

PYMNTS

JUNE 25, 2020

Most of the company’s facilities have reopened, which is good news for property owners and the thousands of Westgate workers who were furloughed during the shutdown. Most businesses are aware that reopening over the coming weeks and months means they will not be returning to business as usual.

Checks 57

Checks Payments Payroll Faster Payments 57

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. Everyone is confined to home for two months and then the government permits a gradual reopening,” the Wine Window Association website reads.

Shutdown 87

Shutdown Consumer Participant Posting 87

PYMNTS

SEPTEMBER 7, 2020

With a sense of intense urgency, the corporate card arena began to explore how to support some of the companies that were struggling the most as a result of an economic shutdown: small businesses. As the year pushed forward, government initiatives to support small businesses eased the cash flow burden on these firms.

Commercial Card 98

Commercial Card Push-to-Card Small Business Card Issuer 98

PYMNTS

DECEMBER 17, 2020

As a result of that passion, there is an added surge of optimism when small businesses see green shoots of recovery, spurred in part by government aid programs and at least some hints that business restrictions are likely to be lifted. Those green shoots are just emerging. Obviously, the vaccine is good news.

Small Business 46

Small Business Shutdown Point-of-Sale (POS) B2B 46

PYMNTS

DECEMBER 28, 2018

“Stuff did well but so did experiences,” he said, underscoring the optimistic view that consumers in general have right now — a view that continues to hold even as tariffs threaten retail supply chains and prices, and the government shutdown and other political issues threaten to put a damper on purchasing power and consumer confidence.

Visa 62

Visa Consumer On-Demand Shutdown 62

PYMNTS

NOVEMBER 19, 2020

Department of Agriculture (USDA) expanded the online program, which as of today is available in 46 states and the District of Columbia and includes over a million American households that are now shopping for groceries online using government benefits. That figure represents a 50-fold increase since the beginning of the pandemic.

On-Demand 57

On-Demand Shutdown Consumer Underserved 57

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

JANUARY 18, 2019

The record-breaking government shutdown is at the center of debate, largely for its impact on unpaid government workers. However, reports in Bloomberg point to another community struggling to get paid as a result: government contractors. government, according to Bloomberg on Thursday (Jan. percent every week.

Shutdown 71

Shutdown Government Governance Payments 71

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

PYMNTS

APRIL 13, 2020

On March 24, knowing that government help was on the way, but not certain of the specifics, one in four Main Street SMBs didn’t think their businesses would survive the pandemic, and four in 10 said they weren’t sure. will be able to return to normal in November. Ten days later, on April 6, we asked the same questions once again.

Payroll 115

Payroll On-Demand Returns Economy 115

PYMNTS

JANUARY 17, 2019

Just one day later, however, Marketplace released a new report highlighting the declining confidence of small business CEOs, pointing to a new survey that found SMB confidence levels have returned to where they were just before the 2016 election. Reports in USA Today last month warned that as many as 30 million small businesses in the U.S.

Small Business 61

Small Business Research Shutdown Disputes 61

PYMNTS

APRIL 27, 2020

The challenges of reigniting the economy after nearly two months of a near-total shutdown of the physical world, and probably a longer partial shutdown, is a lot like the ones faced by an entrepreneur with a platform business that she wants to ignite and scale. It may also be wishful thinking. In other words, for most of 2020.

Economy 93

Economy Shutdown Consumer On-Demand 93

PYMNTS

APRIL 16, 2020

SMB owners do not believe they will survive the great shutdown of 2020, while another third are starting to have serious doubts about their odds. president has the “absolute authority” to lift state and local stay-at-home orders in his capacity as head of the federal government. When is the coronavirus pandemic going to be over?

Consumer 58

Consumer Economy Returns Governance 58

PYMNTS

JUNE 8, 2018

After a shutdown of ZTE ‘s operations that has lasted almost two months, the U.S. However, in return, the company will be able to go back to purchasing smartphone and telecom components from U.S. government on U.S. and China have come to a deal to get the Chinese telecommunications company back up and running. suppliers.

Request for Comment 40

Request for Comment Shutdown Blocks Settlement 40

CB Insights

OCTOBER 31, 2017

We needed 40% day-one returns and were closer to 25%. Most surprising was the sudden shutdown of Sprig, a startup in the beleaguered food-delivery space that first received funding in 2013. ” Title: Shelfie to Shutdown on 31 January – Download Your eBooks NOW. The shutdown was a conscious business decision.

Posting 78

Posting Product Online and Mobile Banking On-Demand 78

PYMNTS

JANUARY 8, 2019

government shutdown continues, a Trump official has promised that tax refunds will go out on schedule. With past shutdowns the IRS would accept tax returns but delay refunds until a shutdown was over, but Vought said the administration is fixing that issue. While the U.S.

Tax Refunds 49

Tax Refunds Shutdown IRS Direct Deposit 49