PYMNTS

APRIL 28, 2020

Moving from paper to digital has evolved for business-to-consumer (B2C) payments in recent years, but upgrading business-to-business (B2B) payments has taken longer. Ninety-six percent of SMBs in the United States already saw negative financial effects one month into these shutdowns, according to one recent study.

Checks 94

Checks B2B B2C Shutdown 94

PYMNTS

MAY 5, 2020

After adjusting for restructuring charges and other effects, Disney reported earnings of 60 cents a share, down from $1.61 Only the final few weeks of the quarter absorbed the worldwide shutdown of Disney’s theme parks. The COVID-19 pandemic hit Disney hard for the first three months of 2020, with overall revenue down $1.4

Shutdown 65

Shutdown Adjustments Volume Product 65

PYMNTS

OCTOBER 1, 2020

Showfields was faced with either closing its operation or changing its business model to shift its business online during the statewide shutdown. Adjusting to the digital shift at the pandemic’s onset was not easy, however, as it called for a fundamental reimagining of Showfields’ business model.

Economy 60

Economy Shutdown On-Demand Consumer 60

PYMNTS

APRIL 7, 2016

The smart home isn’t a totally foreign concept to consumers anymore, but there’s still a sizable gap between now and a time when homeowners expect their appliances, thermostats and recessed lighting to all communicate with each other in perfect IoT harmony. Forget the early adopters.

Consumer 40

Consumer Shutdown Reconciliation Mitigation 40

PYMNTS

SEPTEMBER 17, 2020

12, the advance figure for seasonally adjusted initial claims fell by 33,000 from the previous week’s revised level of 893,000, the U.S. Even so, consumers will remain cautious about the risks of being exposed to COVID-19 as they avoid public-facing businesses. For the week ending Sept.

Shutdown 56

Shutdown Adjustments On-Demand Governance 56

PYMNTS

MAY 18, 2020

As strip mall owners adjust for the impact of COVID-19, a global research and analysis company recommends landlords should consider building automated warehouses for supermarket tenants to capitalize on the demand for online deliveries, Bloomberg reported. Grocers are winning the food fight against restaurants for now.

Automation 52

Automation Shutdown Adjustments On-Demand 52

PYMNTS

JUNE 10, 2020

Three of them are the most compelling: sheer numbers, market conditions and consumer sentiment. consumers have gone online to shop since the pandemic started. There are solid reasons consumers are going online, most having to do with health and safety. There are many reasons that the number seems overly aggressive.

Shutdown 52

Shutdown Consumer Research Advisors 52

PYMNTS

JULY 22, 2020

Some 60 percent of those shutdowns are permanent. The study did find some green shoots, spurred on by warmer weather and a growing share of consumers who are more interested in getting back out in public. For example, Yelp found that seasonally adjusted consumer searches for open-air markets have risen 73 percent recently.

Shutdown 56

Shutdown Economy Adjustments Consumer 56

PYMNTS

FEBRUARY 14, 2019

As consumers contained their spending at the end of 2018, a consumer spending indicator posted its biggest decline in a decade. percent in December on a seasonally adjusted basis to reach $505.8 Retail sales fell by 1.2 billion, while economists in one survey had forecast a 0.1 Overall, retailers in the U.S.

Shutdown 43

Shutdown Adjustments Governance Government 43

PYMNTS

JUNE 10, 2020

And for all the challenges and difficulties he’s faced since the start of the shutdown that forced his many New England establishments to close their doors, the worst part, Legendary Restaurant Group Chef and Owner Chris Damian told PYMNTS, was knowing in early March it was coming and being able to do nothing to stop it.

Adjustments 52

Adjustments Shutdown Consumer Product 52

PYMNTS

MARCH 23, 2020

For the last two weeks — and for much of the foreseeable future — it is the questions that consumers, businesses, banks, public health officials and legislators are asking themselves as an utterly unprecedented situation is unfolding around them amid the coronavirus pandemic. How do you plan for something that has never happened before?

Credit Union 52

Credit Union Credit Union Service Organization Shutdown Volume 52

PYMNTS

JANUARY 31, 2019

Management took note of macro-economic factors that are still uncertain in terms of their impact on consumer spending, ranging from Brexit to continued showdowns on Capitol Hill — but thus far headed into a new fiscal year underlying trends remain strong as credit and debit spending grew, measured year over year. Within the U.S.,

Volume 67

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

PYMNTS

MARCH 17, 2020

The insurance companies themselves typically try to define events through at least some risk-adjusted lens, with an eye toward minimizing their own financial exposure. Those who take out policies do so because they want at least some financial balm to financial loss.

SARS 64

SARS Economy Shutdown Fed 64

PYMNTS

MARCH 11, 2019

The retail sales reported for January was delayed by the federal government’s partial shutdown , which concluded on Jan. percent in December on a seasonally adjusted basis to reach $505.8 While the retail sales report was supposed to be published on Thursday, it will now reportedly be delayed until April 1. percent rise in sales.

Shutdown 46

Shutdown Adjustments Economy Consumer 46

PYMNTS

JUNE 3, 2020

percent over 2018 to $2.647 billion, adjusted operating margins reached 14.3 percent, and adjusted diluted earnings per share increased 49 percent to $11.66. The first predicts a limited market contraction of 15 percent to 18 percent, assuming increased consumer demand for the second and third quarter of the year.

Adjustments 52

Adjustments Shutdown On-Demand Risk 52

Trade Credit & Liquidity Management

APRIL 30, 2025

Other companies, like home builders, durable goods manufacturers, and those in the travel industry, are sensitive to broader economic cycles due to their reliance on discretionary consumer spending, and in some cases, to Mother Nature. Working Capital Efficiency: Effective management of receivables, payables, and inventory is crucial.

Adjustments 52

Adjustments Cost Structure Assessments Shutdown 52

PYMNTS

FEBRUARY 21, 2019

The patient approach, and holding back on interest rates, would keep consumer borrowing costs in check, amid an uncertain macro environment. The minutes pointed to some deterioration in business and consumer sentiment, the government shutdown and the trade spat that has been ongoing between the U.S. percent to 2.5 percent.

Fed 43

Fed Federal Reserve Shutdown Participant 43

PYMNTS

APRIL 8, 2019

Initial reports indicated only 20,000 were added, though last week those figures were adjusted to a better, but still low, 33,000. “We According to a consumer study by PricewaterhouseCoopers , only 3 percent of U.S. According to a consumer study by PricewaterhouseCoopers , only 3 percent of U.S.

Blocks 59

Blocks Economy Shutdown Automation 59

PYMNTS

MAY 8, 2020

Both are trying to adjust their operations in real time while being besieged by an influx of fraudsters who are also determined not to let the crisis go to waste. But in the new landscape, consumers, workers, and big and small businesses have all gone online, and are interacting in a largely digital way.

Economy 74

Economy Security Fraud Prevention Shutdown 74

PYMNTS

APRIL 12, 2018

It’s a change that’s long overdue for many consumers. Consumers like Karen Webster, who – in a conversation with Mastercard U.S. In any given year, she noted, Mastercard announces a variety of changes, initiatives and adjustments to policy. Mastercard first announced its plan to go sans signature six months ago.

EMV 51

EMV Visa Issuers Disputes 51

PYMNTS

MAY 20, 2020

They think a shift to digital will be a feature that lasts well beyond the shutdown period. He said the store is literally a mom-and-pop furniture business that early on saw the possible opportunity to have a line out to a new consumer demographic and put nearly their entire store inventory on the platform.

PayPal 70

PayPal FinTech Small Business Shutdown 70

PYMNTS

JUNE 14, 2019

shutdown was preceded by the program’s closure in London in November 2018. This week it was announced that Simon Belsham’s role as Jet president is set to be eliminated — instead Jet team leaders will now report to Kieran Shanahan, who’s been overseeing Walmart’s food, consumables and health-and-wellness divisions online.

Push-to-Card 40

Push-to-Card Online and Mobile Banking Accounts On-Demand 40

PYMNTS

OCTOBER 30, 2020

consumer spending is improving as well. GDP shot up at a record seasonally adjusted 33.1 consumers are much more interested in buying things these days than they are in buying experiences, reversing the trend of the past few years. Habituated Consumers . and European gross domestic product are bouncing back, while U.S.

Shutdown 76

Shutdown Consumer On-Demand Adjustments 76

CB Insights

OCTOBER 31, 2017

For consumer hardware startups, the stats are especially brutal , with 97% of seed or crowdfunded companies eventually dying or becoming “zombies.” We began identifying ways that we could source, manufacture and distribute at a lower cost to consumers. in total funding closed). ” So why do so many startups flame out?

Posting 78

Posting Product Online and Mobile Banking On-Demand 78

PYMNTS

MARCH 17, 2020

The partial shutdown of the U.S. Finally, consumers will want to know where their food comes from. This represents an opportunity for retailers and manufacturers that can leverage local’s appeal to mitigate consumer concerns,” says Nielsen. retail economy is unprecedented. So what sticks? But sourcing will be essential.

Contactless Payments 53

Contactless Payments SARS Shutdown Wire 53

PYMNTS

MAY 15, 2020

Consumer spending, which represents roughly two-thirds of the U.S. The result represents the largest monthly drop reported since the start of formal records in 1992, and the seasonally adjusted total dollar amount spent on goods dropped back to a level not seen since 2013. GDP, took a 16.4 percent decline logged in March.

Federal Reserve 92

Federal Reserve Shutdown Consumer Economy 92