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

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.

Mobile Payments

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.

Mobile Payments

PYMNTS

MAY 4, 2020

Or at least that was what it estimated in 2018 — a 2020 update of those figures taking into account the tens of millions of Americans out of work, shutdown economy and the general uncertainty about when recovery will begin in earnest, and what that recovery will look like would likely increase that figure. trillion to $1.48

Push-to-Card

PYMNTS

JANUARY 24, 2019

Things like large-scale government shutdowns , for example, tend to leave people looking for ways to earn income in the short term, which makes them primed to learn all about the gig economy. When looking at the latest edition of the PYMNTS and Hyperwallet Gig Economy Index , there are some familiar trends. According to the data, 35.9

Payments

PYMNTS

APRIL 16, 2020

Given the full-scale shutdown in the U.S. And apart from pushing the pause button on loans small and medium-sized business (SMB) customers have taken out, the bank has also been busy trying to get federal Paycheck Protection Program (PPP) funds to those clients. BofA, incidentally, is not the only big bank in the U.S.

Volume

PYMNTS

OCTOBER 15, 2020

But as it pushes beyond that, it starts to become required, and then they’ll all do it.”. Edwards said the path to instant disbursements is being pushed forward by players like PayPal. For businesses, cash flow is, was and always will be king when it comes to priorities. The Problem With Legacy Systems.

Small Business

PYMNTS

JUNE 12, 2020

Apple Preps Installment Pay Plans On Apple Card . Apple will reportedly let buyers divvy up payments in an interest-free fashion on the Apple Card, giving them the ability to pay for items like Macs and iPads in monthly installments. Capgemini Teams With BlackLine To Help Organizations Streamline F&A. late in 2019. .

Push-to-Card

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. A global pandemic that all but shut down the worldwide travel business for months wasn’t enough to stop this IPO from getting off the ground.

Origination

PYMNTS

JUNE 10, 2020

Small businesses hit hard by COVID-19 shutdowns are facing thin cash reserves, and the extension of credit to those SMBs has become an increasingly crowded field. Businesses will be able to draw down or repay the money in much the same way as a standard business credit card works. consumer business, told the network.

Underwriting

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.

Economy

PYMNTS

MARCH 6, 2020

As we saw last week, the sea of red happens in the market, and people just sort of panic and start buying cash and gold, because there is suddenly this great lack of consumer confidence,” Prideaux noted. The world isn’t going to stop, nor are housebound consumers going to sit and stare at their walls for the next several weeks or months.

Online and Mobile Banking

PYMNTS

JANUARY 23, 2019

The data from China is less than stellar, showing the slowest pace since about 1990 – and the lingering government shutdown in Washington, D.C. My, that dance card’s getting crowded.) (My, that dance card’s getting crowded.) is not helping matters. In a word, a four-letter one: debt. trillion in 2017.

Economy

PYMNTS

JUNE 14, 2019

While this tracker normally focuses entirely on the moves and counter-moves of Walmart and Amazon as they race for the greater share of the consumer’s whole paycheck, every once in a while another player manages to scoop them both in the headlines competition. That is the first time the company has publicly disclosed that metric. percent.

Push-to-Card

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

PYMNTS

DECEMBER 30, 2020

But by midsummer, Clark said, the data show that consumers will start entering a far less shutdown world. It created the impetus the CU segment needed to finally get serious about rooting out all the paper and pushing it all to digital. The frozen feeling we’ve all learned to live with, he said, is “absolutely temporary.”

Credit Union

PYMNTS

DECEMBER 4, 2020

Mastercard Intros Mobilized Virtual Cards; Defines Intersection Between Functionality And Security. The virtual card offers a strong value proposition for corporates in the form of enhanced security and control over spend. But without support for mobile wallets, v-card adoption can lag. Top Trackers And Reports.

Visa

PYMNTS

JUNE 22, 2020

And as the spending is curbed, from the top down, the economic recovery may be pushed out a ways, or even stalled. Drilling down into types of spending, two-thirds of the total reduction in credit card spending since January had come from that cohort. Call it the trickle down theory – in reverse.

Consumer

CB Insights

NOVEMBER 9, 2017

One investor in the startup said that the founders were too aggressive in pushing for higher valuations. For those who’ve been reading, we’ve had failure on the brain recently. Some of the fail-related research we’ve issued includes: The Downround Tracker. 242 Startup Failure Post-Mortems. The Top 20 Reasons Startups Fail. via TechCrunch.

Online and Mobile Banking

PYMNTS

DECEMBER 12, 2020

Because when consumers look to give during the season, they are often thinking bigger than their immediate circle, looking outward to the people who are in need this year. And if ever there was a year in need of consumers’ generosity, 2020 would be it. But COVID-19 is putting up one heck of a last stand. Unemployment is at 6.7

SWIFT