PYMNTS

AUGUST 17, 2020

The opposition to Amazon’s entry appears to be less than unified, however, as some commentators have argued that the pharmacists’ trade group doesn’t speak for all Indian consumers.

Shutdown 100

Shutdown Legal Framework Legal Government 100

PYMNTS

DECEMBER 24, 2020

PYMNTS research on consumer shopping habits showed that 24 percent of all consumers say they have taken at least one of their routine shopping activities online and do not plan to revert to shopping in stores for this activity, even after the pandemic is over. More consumers are going online to shop and pay as the pandemic progresses.

Economy 118

Economy Consumer On-Demand Shutdown 118

PYMNTS

MARCH 6, 2019

From cannabis legalization to the federal shutdown, government actions are reshaping financial circumstances for consumers and businesses alike. Securing personal data is top of mind for consumers, too, with 1.1 In fact, a secure banking experience is often the deciding factor for consumers when it comes to selecting an FI.

Shutdown 53

Shutdown Governance Government Credit Union 53

PYMNTS

NOVEMBER 23, 2020

Consumers have shown they are excited about the holidays and are willing to spend on gifts that lift the spirits of family and friends after such a challenging year.”. The shutdowns and stay-at-home orders from last spring have stunted some of the growth, with some smaller retailers still struggling.

Consumer 100

Consumer Shutdown Accounts Economy 100

PYMNTS

JANUARY 11, 2019

11) came and went and government workers affected by the 21-day shutdown didn’t receive paychecks, U.S. Federal Reserve Chairman Jay Powell discussed the effects that a long-term shutdown could have on the economy. A longer shutdown is something we haven’t had,” he said. “If As Friday (Jan. Federal Reserve said in a statement.

Shutdown 55

Shutdown Office of the Comptroller of the Currency Federal Reserve Regulations 55

CB Insights

JUNE 24, 2020

As the global pandemic and related shutdowns continue to create rising income loss and unemployment rates, consumers need financial assistance more than ever. Borrowers are missing scheduled debt payments at record levels, while loan impairments doubled in just 1 month to reach 12% of all consumer loans in April 2020.

Consumer 74

Consumer Shutdown FinTech Research 74

PYMNTS

DECEMBER 28, 2018

The Federal Trade Commission, which was conducting a probe into Facebook and its practices, will be forced to shutter the investigation due to the government shutdown, according to a report by The Washington Post. FTC workers aren’t allowed to do any work on the probe while the shutdown is in progress.

Shutdown 51

Shutdown FTC Governance Government 51

PYMNTS

APRIL 6, 2020

Among its many profound impacts, the COVID-19 pandemic has dramatically altered how consumers shop. Even before large-scale stay-at-home policies went into effect, most consumers sought to limit direct contact with people and objects as much as possible when they went out. percent reported Walmart Pay usage. percent reported in 2019.

Point-of-Sale (POS) 93

Point-of-Sale (POS) Consumer Shutdown Contactless Payments 93

PYMNTS

JANUARY 29, 2019

A new report says that the government shutdown has cost the country about $11 billion in gross domestic product, and will impact the United States’ economic growth for the rest of the year. Earlier this month, Federal Reserve Chairman Jay Powell warned that an extended government shutdown could be damaging to the U.S.

Shutdown 46

Shutdown Federal Reserve Economy Fed 46

PYMNTS

JANUARY 17, 2019

Add federal websites to the fallout from the government shutdown. According to a new report in The Washington Post , with the shutdown now dragging into its 27th day, a growing number of websites operated by the federal government are breaking down. What’s more, he said some of the certificates may have been for several pages.

Shutdown 49

Shutdown Government Governance Cybersecurity 49

PYMNTS

OCTOBER 16, 2020

Direct-to-consumer (D2C) selling has taken wing with the ascendance of eCommerce to retail’s throne. How consumer packaged goods (CPG) brands and subscription-based businesses respond to this important trend will be make-or-break for many. percent of consumers have bought CPG through these channel.”. They have to be creative.

Consumer 84

Consumer Shutdown Product Volume 84

PYMNTS

JANUARY 30, 2020

Data indicate that the three biggest economies in the eurozone, France, Germany, and Italy, all report higher-than-expected consumer morale as shoppers continue to open their wallets and spend to support expanding a strong overall economy. In Italy, consumer confidence in January 2020 grew to 111.8 from 110.8 in December of last year.

Economy 56

Economy Consumer Shutdown Central Bank 56

Payments Source

APRIL 21, 2020

Penney and other retailers took a large provision for loan losses and abandoned full-year earnings guidance as the nationwide shutdowns tied to the coronavirus pandemic have led to a sharp decline in spending on its cards. The lender behind the credit cards for Gap, J.C.

Shutdown 68

Shutdown Credit Cards Consumer 68

PYMNTS

MARCH 23, 2020

Possible home buyers are reportedly expected to delay their purchases and open houses have been called off, as consumers remain in their residences to slow the coronavirus, Yahoo Finance reported. One market expert says that the COVID-19 outbreak will probably bring the housing market to a stop.

Shutdown 60

Shutdown Economy Government Governance 60

PYMNTS

DECEMBER 21, 2020

A new survey has revealed the steep plummet the consumer credit market took as the pandemic began, the Federal Reserve Bank of New York reported. 21) from its latest Survey of Consumer Expectations (SCE) Credit Access Survey , which showed most credit applications and acceptance rates falling sharply after February this year.

Federal Reserve 119

Federal Reserve Fed Credit Union Service Organization Shutdown 119

PYMNTS

JANUARY 9, 2020

The country’s P2P industry, although just a small portion of overall lending, is nevertheless a compelling credit source for businesses and consumers that can’t obtain loans through China’s traditional banking system. Gansu, Hebei, Hunan, Chongqing and Sichuan were among Chinese provinces ordering a total shutdown of P2P lending in 2019.

P2P 52

P2P Shutdown Non-Bank Regulations 52

PYMNTS

NOVEMBER 22, 2020

Consumers freed by a COVID-19 vaccine from the last eight months of disease-related restrictions could unleash enough spending on services such as travel and dining to drive inflation to levels not seen in years, economists told the Wall Street Journal. Inflation is reported monthly as a year-over-year percentage change.

Consumer 67

Consumer Fed Shutdown On-Demand 67

Payments Source

FEBRUARY 14, 2019

Regulators should clarify rules around deposit-advance products so that banks can serve consumers seeking short-term loans, like those affected by the recent partial closing of the government.

Shutdown 63

Shutdown Rules Regulations Government 63

PYMNTS

JUNE 12, 2020

consumers, according to data from a University of Michigan consumer survey released Friday (June 12). The widely-watched gauge of consumer sentiment posted its biggest gains in four years, showing a jump of 9.1 Few consumers anticipate the reestablishment of favorable economic conditions anytime soon,” Curtin said.

Consumer 58

Consumer Economy Shutdown Posting 58

PYMNTS

AUGUST 4, 2020

To say that consumers have shifted dramatically toward digital commerce — or that small- to medium-sized businesses ( SMBs ) all over the world have been rapidly pivoting to keep up with them — is almost an understatement. The consumer and the small business have to think about safety in ways they would have never done pre-COVID,” he said.

Small Business 126

Small Business Shutdown Point-of-Sale (POS) Contactless Payments 126

Payments Source

FEBRUARY 14, 2019

Regulators should clarify rules around deposit-advance products so that banks can serve consumers seeking short-term loans, like those affected by the recent partial closing of the government.

Shutdown 60

Shutdown Rules Regulations Government 60

FICO

NOVEMBER 8, 2021

As of April 2021, the average FICO® Score in the United States sits at 716 , an increase of eight points compared to April 2020, which is around the time the economic shutdown driven by COVID-19 began in earnest. consumers’ credit behaviors as observed in the underlying credit report data. by Tom Quinn.

Shutdown 98

Shutdown Credit Cards Consumer Payments 98

PYMNTS

OCTOBER 28, 2020

The hopes may have been that consumer spending had been on the rebound, entrenched enough to stay positive, enough to save the holiday shopping season, and maybe beyond. 28) hints at worries over consumer spending. As for the consumer — well, the ripple effects of lockdowns in Europe may foreshadow what’s to come on these shores.

Consumer 49

Consumer Cross-Border Shutdown Visa 49

PYMNTS

OCTOBER 21, 2020

Even before the shutdown announcement, Quibi had reportedly been working with outside advisers about the possibility of a sale or other strategic options to shore up the fledgling enterprise. While the study found that consumers are still using connected devices to shop and pay, they’re doing so differently now. Crushed By COVID-19 .

Consumer 68

Consumer Shutdown Economy 68

Payments Source

APRIL 23, 2020

Crew, abandoned its full-year revenue and earnings forecasts as a nationwide shutdown cuts consumer spending. Alliance Data Systems Corp., which provides credit cards for Victoria’s Secret and J.

Shutdown 71

Shutdown Credit Cards Consumer 71

PYMNTS

APRIL 18, 2019

American Express, in reporting its latest quarterly results, showed evidence Thursday (April 18) morning that consumer spending remains resilient, even having navigated the bumps of the prolonged government shutdown that came early in the quarter. In terms of headline numbers, revenues, net of interest expense, were up 6.6

Shutdown 43

Shutdown Government Governance Consumer 43

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 Government Governance 62

PYMNTS

OCTOBER 13, 2020

The plans supported by Modi and his Bharatiya Janata Party, voted on last month, included broad, sweeping changes that dismantled a long-standing regulatory system making farmers sell most of their crops via government-sanctioned wholesale markets which are dominated by traders and middlemen, rather than directly to consumers, according to WSJ.

Economy 103

Economy Shutdown Social Security Government 103

PYMNTS

APRIL 23, 2020

As talk turns to reopening retail it’s becoming painfully clear that the business timeline and the consumer timeline don’t match. It shows that several conditions beyond simple government permission will be necessary for consumers to consider anything approaching non-essential normal shopping behavior. The survey showed that 48.8

Consumer 61

Consumer Returns Shutdown Government 61

PYMNTS

DECEMBER 7, 2020

And the surge in eCommerce isn't isolated to the B2C world, either: as social distancing requirements and shutdowns migrate corporate buyers online, wholesalers, distributors and other B2B vendors are likely to face a similar holiday boon this year to fulfill rising customer demand.

Finance 142

Finance Small Business Underwriting B2C 142

PYMNTS

DECEMBER 11, 2020

The research company’s annual sales satisfaction index showed that decreased showroom traffic caused by COVID-19 shutdowns fast-tracked dealer adoption of digital selling tools. The digital-first economy was huge factor in automotive sales this year, as evidenced by a new report from JD Power.

Economy 113

Economy Shutdown Procedures Agreements 113

PYMNTS

DECEMBER 3, 2020

consumers struggled to pay bills, and it became a common way to buy retail products and pay for them over time, interest-free. Forty-eight percent of consumers who prefer BNPL services would not purchase items from retailers that do not offer it at checkout, in fact. Layaway was introduced during the Great Depression as U.S.

BNPL 60

BNPL Consumer Shutdown Product 60

Payments Source

MARCH 8, 2019

Events like the recent government shutdown present opportunities for banks to help customers when they need it most.

Shutdown 67

Shutdown Government Governance Consumer 67

PYMNTS

JULY 2, 2020

The direct-to-consumer (DTC) trend attracted another big name this week, as Corona beer’s parent company, Constellation Brands , acquired media agency owner Gary Vaynerchuk’s Empathy Wines. The acquisition comes as states have widely varying regulations regarding on-premise dining and drinking. But the pandemic is changing that.

Shutdown 86

Shutdown Regulations Laws Consumer 86

PYMNTS

SEPTEMBER 3, 2020

Cash will always have a place among consumers — but its use is dwindling. Only 26 percent of all consumer payments are made in the U.S. with cash — and consumers are even starting to ditch plastic cards. Consumers should have the option to choose how they want their discounts, he said — whether in points or through other means.

Digital Payments 104

Digital Payments Multifactor Authentication Point-of-Sale (POS) C2B 104

PYMNTS

MAY 7, 2020

I think it has changed the way consumers are thinking about their purchase decisions,” Recurly CEO Dan Burkhart noted in this week’s On The Agenda Digital Discussion with Karen Webster, along with FabFitFun CEO Daniel Broukhim and Handy Technologies CEO Oisin Hanrahan. “In Consumers, the panel noted, don’t want or need fewer things.

Consumer 61

Consumer Economy On-Demand Shutdown 61

PYMNTS

JANUARY 21, 2019

It’s been 10 full days since government workers missed their paychecks due to the prolonged government shutdown, and one of the most recognizable crowdfunding companies is stepping in to help. I hope the shutdown ends soon. The main goal is to help with food, counseling and housing. “I This is not about politics.

Governance 76

Governance Government Shutdown Returns 76