PYMNTS

JUNE 7, 2020

As the coronavirus pandemic unfolds across America, with the country moving toward reopening after months of shutdowns that roiled the economy, many Chuck E. percent in-store sales increase in 2019 after years of declining or flat sales. Cheese locations haven’t yet reopened.

Shutdown 107

Shutdown Payments Breach Laws 107

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

JUNE 25, 2020

In fact, for some people, the pandemic’s shutdown of the economy and normal life for several months provided time to breathe, with less stress from transportation or having to leave the house for work.

Shutdown 67

Shutdown Economy Finance Consumer 67

PYMNTS

NOVEMBER 22, 2020

That means economic activity for months post-vaccine will be compared with months that fell during the depths of the COVID-19-related shutdowns beginning in March 2021. The National Foundation for Infectious Diseases reported in 2019 that only about half of U.S. Inflation is reported monthly as a year-over-year percentage change.

Consumer 67

Consumer Fed Shutdown On-Demand 67

PYMNTS

SEPTEMBER 12, 2019

Last year’s lackluster holiday season contributed to 10 retailers filing for bankruptcy in 2019’s first quarter alone, including Payless, Gymboree and Charlotte Russe. The reported noted that a subpar 2018 holiday season was a main factor, with December retail sales dropping 1.6

Shutdown 54

Shutdown Economy Continuity Government 54

PYMNTS

APRIL 27, 2020

Shipments and spending were down in the first quarter of 2020 compared to the fourth quarter of 2019, according to the U.S. Despite the strong movement of consumer staples during the second half of March, both the shipment and spend indexes contracted from Q4 2019,” the report said. Bancorp Freight Payment Indexes. As the U.S.

Shutdown 52

Shutdown Payments Volume On-Demand 52

PYMNTS

JUNE 17, 2020

True, the pandemic has created a massive slowdown in the Indian economy, with a nationwide shutdown closing workplaces and hitting vast segments of the population with job losses. S&P’s analysis shows that Indian mobile-payment transactions grew 163 percent to $287 billion in 2019.

Mobile Payments 56

Mobile Payments Online and Mobile Banking Contactless Payments Push-to-Card 56

PYMNTS

JUNE 17, 2020

True, the pandemic has created a massive slowdown in the Indian economy, with a nationwide shutdown closing workplaces and hitting vast segments of the population with job losses. S&P’s analysis shows that Indian mobile-payment transactions grew 163 percent to $287 billion in 2019.

Mobile Payments 56

Mobile Payments Online and Mobile Banking Contactless Payments Payments 56

PYMNTS

JUNE 17, 2020

home construction collapsed in March, the sector rebounded in May after steep declines caused by COVID-19 shutdowns, according to the U.S. percent below the May 2019 rate of 1,338,000. percent below the May 2019 rate of 1,268,000. percent below the May 2019 rate of 1,230,000. For the first time since U.S. in a statement.

Adjustments 56

Adjustments Shutdown Economy On-Demand 56

PYMNTS

APRIL 1, 2019

Consumers may have reigned in spending because there has been a delay in processing taxes due to the recent partial government shutdown. That shutdown lasted more than a month and the government is still catching up. The retail sales decline is just the latest signal that the economy could be slowing down. percent in 2019.

Consumer 43

Consumer Tax Refunds Shutdown Economy 43

PYMNTS

SEPTEMBER 24, 2020

Turn the clock back a year and the world for small businesses was very different on the eve of the 2019 holiday-shopping season. According to Ingo’s data, only 37 percent of small businesses were citing cash flow as a major concern, down from more than 60 percent two years earlier.

Checks 105

Checks Small Business ISOs Point-of-Sale (POS) 105

PYMNTS

APRIL 29, 2019

With first-quarter earnings reports rolling out, it’s time to take a look at the state of small businesses and how they fared for the first three months of 2019. Only 14 percent of small and medium-sized business CEOs said they expect an improvement in the future growth of the economy.

PayPal 67

PayPal Small Business Ransomware Shutdown 67

PYMNTS

JANUARY 29, 2019

corporations are ready to use their cash reserves in the first quarter of 2019 to pay debt and initiate share buybacks. Still, the AFP said the findings signal optimism despite unfavorable market conditions stemming from the government shutdown, trade disputes and a slowing global economy.

AFP 46

AFP Shutdown Disputes Government 46

PYMNTS

OCTOBER 20, 2020

Analyzing its findings, PYMNTS CEO Karen Webster wrote this week that, “[Long] after much of the physical economy [has] reopened, we now see a consumer who isn’t simply using apps and connected devices to save time or make the commerce experience safer by using touchless, digital channels. Connected Commerce Calling The Shots.

Consumer 88

Consumer Shutdown Returns Economy 88

PYMNTS

MAY 18, 2020

In New York City, Broadway’s shutdown portends a series of ripple effects, all of them massive headwinds for travel and tourism — specifically hotels, restaurants and airlines. Thomas Schumacher, president and producer of Disney Theatrical Productions, blamed the closing on the “industrywide shutdown and resulting economic fallout.”.

Shutdown 57

Shutdown Returns Product Economy 57

PYMNTS

OCTOBER 16, 2020

The latest in the series, Pandenomics: Main Street’s Six-Month Checkpoint , found that for small and medium-sized businesses (SMBs), “Another shutdown could bring them to the brink of closure. million, a 97 percent increase from 2019. The very air abounds in examples these days, few better than Shopify.

Consumer 84

Consumer Shutdown Product Volume 84

PYMNTS

MARCH 3, 2019

The moves began the early part of the first quarter by placing the economy on a path of weak growth, Reuters reported. Economist Eric Winograd said, according to the news outlet, “A modest slowdown remains the most likely path for 2019.” trillion tax cut package stimulus diminishes, the economy is “losing speed,” per the outlet.

Consumer 43

Consumer Shutdown Economy Fed 43

PYMNTS

NOVEMBER 16, 2020

Second, it is trying to participate in the digital-first economy, and analysts will be looking for a big jump. percent compared to 2019 and digital comp sales up nearly 200 percent. Expect that Target will come close to matching its digital sales ratio increases compared to 2019 and that comp store sales will be up slightly.

NOV 56

NOV Shutdown Addressing Economy 56

PYMNTS

MAY 7, 2020

Disney, for example, reported earlier this week that it has lost roughly $1 billion each day since the start of the shutdown. Almost a week ago, May 1, PayPal experienced the largest single day of transactions in the company’s history — bigger than both Black Friday and Cyber Monday of 2019. PayPal added 7.4 billion from $4.13

PayPal 99

PayPal Transactions Process Venmo 99

PYMNTS

MARCH 14, 2019

government shutdown was singled out as a key factor behind a corporate banking slowdown at the start of 2019, according to Citigroup Chief Financial Officer Mark Mason, who took up the position only weeks ago. Reports in the Financial Times this week said the U.S. While insolvency rates remained steady in the U.S.,

Shutdown 43

Shutdown Treasury Cash Management Faster Payments 43

PYMNTS

MAY 29, 2020

PYMNTS reported on Wednesday (May 27) that the airline industry has been especially hard hit by the global pandemic as the shutdown has sunk domestic and overseas air travel. air travel was off 96 percent in April compared to the same month in 2019. But more than 12 million flew during the same period in 2019, according to TSA data.

Payroll 56

Payroll Shutdown Security Government 56

PYMNTS

MARCH 6, 2020

1, 2019, there was no shortage of predictions about which stories would drive payments, commerce and the global financial ecosystem. But as it turns out, 2019-2020 will go down in the record books as one of those years where everyone got it wrong — because a black swan showed up.

Online and Mobile Banking 60

Online and Mobile Banking Disputes Economy Push-to-Card 60

PYMNTS

MARCH 30, 2020

For most SMBs , 2019 was a banner year, and 2020 was expected to be nothing less than spectacular. Two-thirds (66 percent) of SMBs expected to see their revenues grow beyond — even well beyond — what they had booked in 2019. Consumer spending was strong, as were their household balance sheets.

On-Demand 92

On-Demand Credit Cards Returns Shutdown 92

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

DECEMBER 24, 2020

COVID-19 was actually great news for DoorDash , as government shutdowns and consumer virus fears forced restaurants almost everywhere to eliminate dining in and switch to pickup and delivery. Visits soared to as high as 40,000 a day in April — up 1,279 percent from the roughly 2,900 a day that the company saw in April 2019.

Origination 92

Origination Push-to-Card On-Demand Shutdown 92

PYMNTS

JUNE 12, 2020

late in 2019. . eCommerce Helps Women Hard Hit By India’s Shutdowns. Efforts to tap into the expanding online economy of India to help women in the country are underway. Citi has now become the first U.S. Trackers And Reports. New Report: Home Closings Go Digital With Remote Online Notary Services.

Push-to-Card 52

Push-to-Card Shutdown EMV Issuers 52

PYMNTS

DECEMBER 28, 2018

Another factor driving sales of apparel — and other items — was the good economy, which features low unemployment and relatively low gas prices as the year enters its final week (still a vital time for retailers, of course, as they finish out the fourth quarter). Consumers also were interested in investing in new fashion trends.

Visa 62

Visa Consumer Shutdown On-Demand 62

PYMNTS

FEBRUARY 7, 2019

30 but was delayed because of the government shutdown that ended on Jan. Additionally, the Census Bureau announced updates to the 2019 economic indicator release schedule, revealing that it would publish December’s retail sales report on Feb. The report was supposed to be released on Jan. 28 at 8:30 a.m. The combined Feb.

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Shutdown Government Governance Product 40

PYMNTS

JUNE 8, 2020

That’s good news, because of all of the things people have missed during the shutdown, many sports fans have suffered especially acutely. It almost sounds like the setup to an early 1990s advertisement for Disney World: “Your league has just survived a black swan health crisis that shut down the entire American economy.

Returns 53

Returns Agreements Shutdown Compromise 53

PYMNTS

DECEMBER 24, 2020

And, of course, 2020 was the year that proved everyone’s predictions wrong (except Webster’s, actually, who predicted a banner year for the connected economy and ended up being more spot on than she could have realized at the time). And the changes, now in place, aren’t moving. There’s only going home.

Economy 82

Economy Consumer Shutdown Transactions 82

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. Set to open in early 2019 in the former mill town of North Adams, Massachusetts, Loom’s menu will be based on local ingredients and historical recipes. The sophisticated food hall: North 3rd Street Market.

On-Demand 69

On-Demand Automation Origination Fed 69

PYMNTS

NOVEMBER 3, 2020

The shutdowns are on in the European Union as COVID-19 cases rise and local leaders work overtime to bend back the curve because their hospital ICU beds are outstripped by the exploding number of new cases. is far from the only continental player tapping into shutdowns. In the U.K.,

Shutdown 58

Shutdown Consumer Use Case Wire 58

PYMNTS

NOVEMBER 13, 2020

Commerce Department Won't Pursue TikTok Shutdown. The platform saw annualized gross transactions cross the $12 billion threshold at the conclusion of September, a 10 percent increase over 2019, Co-CEOs Kevin Aluwi and Andre Soelistyo told one outlet. India's Diwali Festival To Boost Economy, But Stokes COVID Fears.

Shutdown 85

Shutdown Payments Economy Global Payments 85

PYMNTS

JANUARY 17, 2019

15) from Balboa Capital found in its own Q1 2019 small business owner survey that economic confidence is strong, and is expected to remain as such for the year ahead. Most also plan to hire more employees, and expect moderate to strong growth in 2019. Separate research published Tuesday (Jan.

Small Business 61

Small Business Research Shutdown Disputes 61

PYMNTS

MARCH 20, 2020

The latest real data is as of the third quarter of 2019, and readings after that quarter are projections as estimated by PYMNTS using the aforementioned data sources. With a nod toward total number of establishments, the third quarter 2019 data show the total number of establishments was up 2.4 Drilling Into The Data.

Small Business 56

Small Business Shutdown Research On-Demand 56

PYMNTS

JANUARY 21, 2019

But for all that will remain the same in Davos, 2019 will also be a somewhat different year as well, as attitudes and interests are shifting inside the WEF — and in the world at large around it when it comes to topics like innovation, the future and who consumers and citizens trust to deliver for them going forward. due to the U.S.

Void 69

Void Government Governance Shutdown 69

PYMNTS

JANUARY 18, 2019

Amid losses in the stock market as well as the government shutdown, consumer confidence has reached its lowest point in more than two years: A consumer sentiment survey reading from The University of Michigan dropped from 98.3 in December to 90.7 percent from 22.7 That drop marked the biggest decline as of 1977.

Consumer 57

Consumer Shutdown Economy Government 57