PYMNTS

DECEMBER 1, 2020

Morgan on the coin and may launch it experimentally in 2021, CEO Herman Gref said. Promotors Scott Hughes, Cecilia Millan, Karina Chairez and Jackie Aguilar have also been charged for falsely promoting AirBit club “memberships,” promising guaranteed daily returns on cash investments. The bank is working with J.P.

Bitcoin 80

Bitcoin Money Laundering NOV Cryptocurrency 80

The Finance Weekly

SEPTEMBER 16, 2024

VCs this year is set to hit $98 billion, which is a whopping 86% drop from 2021, and venture-backed IPOs are on track to be the lowest since 2016. Firms like Meta nearly doubled their staff, only to realize they were overstaffed as things returned to normal. Looking ahead to 2024, investors have already put $26.8

AI 239

AI Federal Reserve On-Demand Returns 239

PYMNTS

JANUARY 21, 2021

When it comes to predicting the return of business travel , the conventional wisdom is simply all over the map right now, ranging from this summer to 2023 to maybe never. While Bastian said he was “encouraged by the progress on the vaccine front," he also said that pre-COVID travel volumes and practices may never fully return.

Returns 86

Returns Multi-Currency Volume Interoperability 86

PYMNTS

NOVEMBER 17, 2020

Will 2021 Be The Year Of Bot? He said 2021 “is going to see very much accelerated bot behavior — both bad bots and good bots.” Sevounts said the bad guys have gotten more sophisticated and can operate more inexpensively even as the good guys strive to process orders at the speed of light and keep customers returning.

Bots 65

Bots Economy Blocks Near Real-Time 65

PYMNTS

SEPTEMBER 23, 2020

Fauci said he couldn’t say for sure but “by the time you get to maybe the third or fourth month of 2021, then you'll have doses for everyone.” percent anticipated returning to their typical routines in three months or sooner. The PYMNTS March 17 poll indicated that 59.4

Returns 88

Returns Consumer Economy 88

PYMNTS

APRIL 17, 2020

has canceled gatherings of 50 or more people through June of 2021. Given this, we’re canceling any large physical events we had planned with 50 or more people through June 2021. Facebook Inc. Guidance from health experts is that it won’t be advisable to have large groups of people get together for a while,” he wrote.

Returns 60

Returns Economy Continuity Posting 60

PYMNTS

JANUARY 18, 2021

Over the years, a healthy, employed consumer in a strong and vibrant economy masked the reality of physical retail’s slump. In the burgeoning bring-it-to-me economy , retail is now about meeting the consumer where she wants to shop — increasingly at home — and letting her take possession of those purchases at her doorstep.

Consumer 123

Consumer Caps Research On-Demand 123

PYMNTS

SEPTEMBER 27, 2020

But just because everyone is feeling pretty ready for a return to normal isn’t the same as saying that will happen any time soon. consumers and small- to medium-sized business owners about how long they anticipate the pandemic will last and almost no one expects it to be done before the ball drops on 2021.

Returns 81

Returns Consumer Governance Government 81

PYMNTS

DECEMBER 23, 2020

China’s State Council announced late Tuesday that small and micro-sized businesses can defer loan payments past first quarter 2021 as needed, according to CNBC. 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% percent.

Economy 69

Economy Returns Shutdown Small Business 69

PYMNTS

OCTOBER 29, 2020

But the cable cars are still sitting still, and ridership on public transportation remains down by 90 percent because even given the option to return to their offices by the state, local tech and office workers aren’t exactly enthused to return. percent of workers have left home to return to the office nationally.

Returns 60

Returns Shutdown PayPal Consumer 60

PYMNTS

NOVEMBER 20, 2020

This winter will be grim, and we believe the economy will contract again in 1Q," the economists wrote. “We The projection goes against earlier Wall Street forecasts that largely believed the first quarter of 2021 would be the start of a bouncing-back economy. Morgan economists said in a new forecast, CNBC reported Friday (Nov.

Economy 78

Economy NOV Returns Continuity 78

PYMNTS

JUNE 12, 2020

restaurants and retailers are starting to reopen as authorities lift COVID-19 restrictions and consumers contemplate returning to life as usual, or at least life adjusted for a post-pandemic world of things like people wearing face masks in public. economy could freeze shut once again. We can’t shut down the economy again,” he said. “I

Returns 56

Returns Consumer Economy Fed 56

PYMNTS

SEPTEMBER 29, 2020

The coronavirus is showing signs of a return after several weeks of low positive test rates, with over 1,000 new cases in the state of New York on Saturday (Sept. Theatergoers' absence is having ripple effects on the rest of the economy — without them traveling to come to the city, restaurants and retailers are seeing less revenue, too.

Economy 89

Economy Returns Product 89

Fintech News

MARCH 25, 2024

According to the “Southeast Asia: Private Capital Breakdown” report by PitchBook, Southeast Asia has become a compelling region for private capital investment in recent years, owing to the region’s fast-growing and diverse economies, as well as its vast investment opportunities and its important consumer story. in 2021 to 36.2%

Participant 119

Participant B2C On-Demand Consumer 119

PYMNTS

JANUARY 8, 2021

economy should see a “meaningful economy recovery” in 2021 as vaccines battle the pandemic and fresh government stimulus kicks in, according to Chief Economist Jack Kleinhenz of the National Retail Federation (NRF). percent range in 2021. economy could grow a decent 4 percent this year. 7) that he expects the U.S.

Economy 59

Economy Returns Governance Government 59

PYMNTS

NOVEMBER 12, 2020

It’s not that consumers will never return to stores; the panel unanimously agreed physical commerce will always have patrons. A Glance Ahead To 2021. I think we’ll continue to see that grow as we are looking at 2021, at least at some point as the pandemic becomes something that is no more.

PayPal 73

PayPal Economy BNPL Consumer 73

Fintech News

MARCH 18, 2024

Over recent years, this appealing proposition has underpinned a surge in BNPL companies globally, proving enticing in both advanced economies with high credit card usage looking for alternative finance, and in emerging nations where access to conventional credit was harder, particularly for the young and those in rural areas.

BNPL 130

BNPL Void On-Demand Underwriting 130

PYMNTS

OCTOBER 22, 2020

And it’s no understatement to say that the imminent exit of “The Office” from Netflix in January 2021 will be traumatic for millions. Same for other popular series, which are all slowly returning to the networks and studios from whence they originated. Given such news, Netflix is coming to grips with the limits of growth.

Economy 70

Economy Origination On-Demand Returns 70

Lending Front

JUNE 6, 2021

By all accounts, summer 2021 looks promising. But while the economy in general is expected to boom, many small businesses are still in recovery mode. As the economy ramps up, businesses will need capital in order to continue serving their customers. Lending in 2021 means being accessible and accommodating.

Small Business 52

Small Business Community Banks Economy Non-Bank 52

PYMNTS

JANUARY 14, 2021

economy posted slight gains in the pandemic year of 2020, after closing the books on what was one of the most dismal economic fallouts in history, according to the Federal Reserve’s Beige Book report on Wednesday (Jan. Companies in the software and IT services sector reported some improvement.

Fed 63

Fed Federal Reserve Economy On-Demand 63

PYMNTS

JANUARY 27, 2021

The National Restaurant Association notes consumers’ interest in trying out new ordering experiences from familiar restaurants — the report identifies subscription services , meal kits , and bundled meals as key ordering innovations for 2021. Excited To Return To Restaurants. Of course, not all consumers are the same.

Technology 105

Technology Returns Consumer Research 105

PYMNTS

NOVEMBER 4, 2020

But from a macroeconomic standpoint, LendingClub said that while borrowers remain resilient, the pandemic continues to have a negative impact on the economy. The company added that it wouldn’t ask its employees to stop working from home and return to their offices until at least summer 2021.

Volume 111

Volume On-Demand NOV Continuity 111

Fintech News

MAY 28, 2024

According to a 2021 report by the Asian Development Bank, an estimated 1.1 billion adults in the region remain unbanked, with the majority residing in developing economies such as India, China, and Indonesia. This in turn has seen remarkable returns in Nubank’s customer acquisition base, rising significantly every year.

APACS 128

APACS Financial Inclusion Online and Mobile Banking Disaster Recovery 128

PYMNTS

SEPTEMBER 8, 2020

If demand returns in the worldwide economy, the International Chamber of Commerce (ICC) forecasts a possible $2 trillion to $5 trillion shortfall in trade financing up to 2021. The ADB approximated a $1.5 trillion funding gap in 2018, long before to the pandemic. 8) announcement.

Visa 79

Visa Returns On-Demand Finance 79

PYMNTS

JANUARY 7, 2021

The connected economy will someday have glasses. Nine years after Google’s misfire with the product, smart glasses are making a return in a big way — as some very big names are getting behind them. Smart glasses. Facebook Soon To Release Smart Glasses .

Economy 104

Economy Innovation Verification Returns 104

Fintech News

JULY 23, 2024

Of the 13 Southeast Asian companies that made it into this year’s list, six are returning honorees from 2023. For lenders, Akseleran promises attractive returns, with investments starting from IDR 100,000 (US$6). These companies are CapBay, Airwallex, Aspire, GoTo Group, Grab Financial Group and StashAway. billion (US$4.4

FinTech 133

FinTech Online and Mobile Banking Multi-Currency Non-Bank 133

PYMNTS

JULY 15, 2020

It was this type of local economy that defined most of the past decade and the early part of 2020. Among those that have, 37 percent have owners who have had to dip into their own, personal funds to keep their businesses afloat, and they say they do not believe their revenues will recover until the early part of Q1 2021.

Settlement 82

Settlement Point-of-Sale (POS) Economy Innovation 82

PYMNTS

JANUARY 14, 2021

We noted in this space , toward the end of last year, that the advent of vaccines would spur a return to “normal” life, toward large-scale gatherings, among them trade shows and events. A recovery would be an economic boon; the Events Industry Council has estimated that events, overall, add $1 trillion to the global economy.

Returns 68

Returns NOV Correspondent On-Demand 68

PYMNTS

OCTOBER 15, 2020

Back on March 11, the average consumer expected the pandemic to be over and for their lives to return to normal by July 27, 2020, roughly three months ago. To learn more about how consumers’ payments and shopping preferences continue to evolve as the pandemic progresses and what it means for the post-pandemic economy, download the report.

Consumer 85

Consumer Returns Continuity Research 85

PYMNTS

JANUARY 7, 2021

The new checks, which are for $600 and were approved as part of Congress's $900 billion package for pandemic aid, began to go out early in 2021 and reports said they had reached two-thirds of the recipients for the digital checks. CNBC reported thousands of such emails from Americans in dire need of the checks to pay bills.

IRS 97

IRS Checks Debit Card Payments 97

PYMNTS

DECEMBER 30, 2020

Between the explosion of the digital economy driven by the pressures of the pandemic and the radical realignment of consumer preferences that has happened as a result, the year 2020 has seen digital payments accelerate at something approaching warp speed. Mastercard remains committed to carrying on with these developments in 2021.

Consumer 112

Consumer Visa Faster Payments Instant Payments 112

PYMNTS

JANUARY 20, 2021

"We need to continue to think about how to engage our partners within today’s reality and how to help those partners serve their customers in new ways," he says in " A Look Forward: What Executives Wish for America and the World in 2021. "We Wishes to all for a safe holiday season and a positive outlook heading into 2021.

Payments 71

Payments Innovation Contactless Payments Credential 71

Fintech News

APRIL 8, 2024

Moreover, crypto-asset activity is primarily driven by speculation, with investors attracted by the potential for outsized returns. Crypto-asset activity in ASEAN peaked in H2 2021, coinciding with high crypto-asset valuations and in line with global trends.

Financial Inclusion 135

Financial Inclusion Bitcoin Stablecoins Mitigation 135

The Finance Weekly

FEBRUARY 14, 2022

The unpredictability of the pandemic along with market volatility in a global economy has made for some unprecedented financial challenges. The Great Resignation and the talent scramble does not seem to be letting up despite the relative return to stability of other market aspects. Lastly, inflation is a 2022 wild card.

Automation 130

Automation Push-to-Card Fed Finance 130

PYMNTS

JUNE 4, 2020

As sections of the United States economy continue to reopen, it is growing more apparent that consumers have no intention of reverting back to their pre-pandemic shopping habits. Why are consumers hesitant to return to shopping in stores, and how are merchants meeting their persistent demand to stay at home? percent on April 11.

Consumer 55

Consumer Economy On-Demand Returns 55

PYMNTS

NOVEMBER 24, 2020

In an October survey by PYMNTS, well before the news of vaccines by Moderna and Pfizer with well over 90 percent effectiveness, a PYMNTS survey found consumers bracing for a 400-day wait — more than a year — before being able to return to normal work and life routines.

Consumer 61

Consumer NOV Assessments Economy 61

PYMNTS

NOVEMBER 4, 2020

We have reached a point where voters seem satisfied that legalizing gambling will offer positive returns for their state,” Schwartz said. By the end of 2021, at least 25 states along with the District of Columbia could have legalized some type of sports betting. With the pandemic, which resulted in layoffs and U.S.

Legal 77

Legal Authorization Returns Consumer 77