PYMNTS

DECEMBER 31, 2020

With unemployment soaring and the economy in a free fall, Gerber noted the inevitable reality that companies would be inundated with disputes, cancellations and demands for refunds from consumers. Take a look (and have a listen) at our 10 favorite podcasts from 2020. How ‘Contact Us’ And The Kardashians Ignited Afterpay In The US.

Innovation

PYMNTS

JULY 13, 2020

Today, while shutdowns have led many businesses to temporarily halt non-essential spending, many in the market actually expect the expansion of the freelancing community to accelerate as a result of market volatility. Before the pandemic hit, the global freelancing economy was expected to experience significant proliferation.

Economy

PYMNTS

NOVEMBER 2, 2020

Interestingly, the World Bank cited the pandemic and related shutdown as the main cause of the trend, pointing to lower wages and lost jobs as a key factor. But it will continue to progress.". It wasn't a prediction that Western Union took to heart, however. "We A Short-Term Remittance Boom.

B2B

PYMNTS

OCTOBER 22, 2020

There's always a continuous assessment regarding your top line [as a company], but you also have to think about the bottom line, and cost efficiency becomes a huge metric in that space.”. GE’s treasury department experienced this firsthand in the early days of the pandemic, when China imposed a full shutdown on businesses.

Cross-Border Payments

PYMNTS

JULY 1, 2020

Grappling with such increased demand with fewer resources might make it challenging for banks to satisfy at least some regulatory requirements, such as data privacy. Conference of Mayors and the National Association of Governors that local shutdown orders “potentially threaten the stability and orderly functioning of the financial system.”.

OCC

PYMNTS

JANUARY 17, 2021

To that point Volvo continues to be aggressive on its Care by Volvo subscription program. Whether it’s buy, lease or subscribe, carmakers and dealers are unified in their desire to sell cars, or move metal, in order to meet strong consumer demand for cars. Unfortunately the Access by BMW subscription program is ending on Jan.

On-Demand

PYMNTS

JULY 8, 2020

Unfortunately, this extended period of shutdowns and slow economic activity means fewer businesses will be around in the latter half of the year. The most pressing, of course, is how long the COVID-19 pandemic will continue to impact our everyday life. Long commutes and extensive travel demands will similarly be tough to swallow.

Shutdown

PYMNTS

JULY 30, 2020

million , a nearly 28 percent drop compared to the same period one year ago, amid a shutdown of almost all of its stores for much of the quarter. But given the number of stores that were open, the company said it experienced strong demand in June at 10.8 Sally Beauty Holdings Inc. percent for Q3. percent as operations restarted.

Shutdown

PYMNTS

DECEMBER 24, 2020

At the dawn of 2020, commercial cards made up only a fraction of overall B2B payments volume, even as corporates continued their slow-but-sure payments digitization efforts away from the paper check. But in the midst of the coronavirus crisis, the corporate card seemed to unlock more value for businesses large and small.

Commercial Card

PYMNTS

APRIL 27, 2020

The lockdown has created an increased demand for grocery items and other necessities while “binge buying” led to shortages caused by supply chain issues. . There are several reasons for the decline in shipping in 2019, such as the decline in factory output and less of a demand for exports. “The shipments index increased 3.8 As the U.S.

Shutdown

PYMNTS

AUGUST 31, 2020

The government agency said shutdowns imposed to prevent the spread of the coronavirus since late March caused the decline, the worst it has been in two dozen years. But consumer demand and manufacturing have not improved, the AP reported. But consumer demand and manufacturing have not improved, the AP reported.

Economy

PYMNTS

MARCH 19, 2020

Slowing demand, brought on by the need for Americans to practice social distancing, is going to very likely immediately hurt those who work in at the nation’s hotels, restaurants, and bars,” said Andrew Challenger, senior VP of Challenger, Gray & Christmas. We are certainly beginning to see the cracks in the foundation.

Shutdown

PYMNTS

APRIL 9, 2020

Zoku Sushi CEO Charlie Yi explained to Karen Webster in a digital roundtable discussion that his business was already delivery-only, so the shutdown of eat-in dining hasn’t been an issue for him. And so restaurants big and small are rolling out a host of new ideas and add-ons to supplement their incredibly sluggish core business.

Shutdown

PYMNTS

JUNE 19, 2020

American consumers will be spending more time at home this summer as they continue to social distance amid the COVID-19 pandemic, and they are thus examining ways to spruce up their surroundings with home improvements and backyard landscaping projects. Demand Rises For Furniture, Garden Supplies . Department of Commerce announced.

Consumer

PYMNTS

DECEMBER 28, 2018

Stuff did well but so did experiences,” he said, underscoring the optimistic view that consumers in general have right now — a view that continues to hold even as tariffs threaten retail supply chains and prices, and the government shutdown and other political issues threaten to put a damper on purchasing power and consumer confidence.

Visa

PYMNTS

APRIL 16, 2020

Given the full-scale shutdown in the U.S. Deferral requests, however, seem to have peaked about a week ago, though the bank is continuing to monitor the situation. Though Q1 2020 had been forecast to produce continued and perhaps even strengthened spending activity, the coronavirus quickly reversed that course. “We

Volume

PYMNTS

APRIL 16, 2020

Black swan events, while unexpected and challenging, open the door to the implementation of adaptive processes to meet the demands of the new environment and the underlying infrastructure, supporting the “ new normal ” that is created as a result. The coronavirus pandemic will be no different. In business, payments are mission-critical.

B2B

PYMNTS

MARCH 17, 2020

The coronavirus continues to have reverberations across the global stage, and is especially impacting developed economies, and in particular, the small businesses that are a key foundation of those economies. To get a sense of how smaller firms are being impacted, in a situation that is fluid on a day to day (hour by hour?)

SARS

CB Insights

SEPTEMBER 11, 2017

Funding to the baby and kids tech space is on pace to reach a record number of deals in 2017 as the sector continues to grow. Under the Supervision subsector of Childcare, on-demand ride-hailing companies for kids make up a large portion of deals. Next Gen Technology for the Next Gen: Kids and Baby Tech. First Name.

Shutdown

PYMNTS

APRIL 17, 2020

There’s a push and pull here, as China’s shutdown fostered economic headwinds across the world. A month’s worth of pent-up demand helps, but is not representative of a trend. That decline might have been a foregone conclusion, as China shuttered supply chains , manufacturing plants, offices, restaurants and retailers. and Europe.

Economy

PYMNTS

APRIL 27, 2020

There was, of course, a rocky start that found big banks and other lenders less-than-ready to meet the demand deluge. There was confusion about just what the lending program demanded, in terms of documentation, or how the funds should or could be used. Web sites crashed, hobbling the application process. Another 16.5 percent of SMBs).

On-Demand

PYMNTS

MAY 8, 2020

Reaching out online is helping clubs endure the shutdown. Instructors are now working to stream classes online in real time or on demand, and trainers are staying in touch with clients via phone or video calls. He said he believes the industry will rebound but that its businesses will not look the same in the post-COVID-19 era.

Facilitators

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. Some of it, he noted, will be a matter of circumstances. That, he said, is changing. Gig workers, he noted, don’t want to wait for their funds.

Payments

PYMNTS

OCTOBER 21, 2020

On one hand, certain businesses like restaurants and gyms are still contending with shutdowns and have a very tough path forward. But on the other side of the coin, other small businesses such as HVAC installers — have never experienced the strong demand that they're currently facing, he said. Time For More PPP . I think so.”.

Small Business

PYMNTS

NOVEMBER 19, 2020

Players like Ahold-Delhaize are looking to raise the level of their competitive game by acquisition, up-and-comers like Farmstead are growing by investment and the pool of digital shoppers is becoming wider and more inclusive as digital SNAP continues to expand. Ahold’s FreshDirect Pickup . Another Round of Toilet Paper Hoarding .

On-Demand

CB Insights

APRIL 7, 2018

Resource Planning & Sourcing : On-demand decentralized manufacturing and blockchain projects are working on the complexities of integrating suppliers. Machining, Production & Assembly : Modular equipment and custom machines like 3D printers are enabling manufacturers to handle greater demand for variety. Product R&D.

Technology

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. It is not quite the case that this has broken down into a “winners” and “losers” situation — as there have assuredly been no winners.

Economy

PYMNTS

AUGUST 20, 2020

With demand for our drive-thru at an all-time high, we know adapting to meet our consumers rapidly changing needs has never been more important,” Grams said in the firm’s announcement of the new Taco Bell Go Mobile design. As the pandemic continues in the U.S., Taco Bell reported drive-thru usage surged up by 4.8

Shutdown

PYMNTS

JUNE 19, 2018

Rent-A-Center ‘s decision to sell itself to Vintage Capital comes amid a continuing expansion of so-called “alt lending” options for consumers, which could make it more difficult for the chain to reinvent itself as it becomes a private company under its new ownership. percent between 2013 and 2018, according to research from IBIS World.

Shutdown

PYMNTS

FEBRUARY 12, 2020

While the virus keeps Chinese consumers homebound (as stores, schools, businesses and public gathering places like movie theaters have been closed), ordering food in and ridesharing have become increasingly challenging — as various app-based, on-demand services have temporarily shuttered operations as well. 24 through Feb.

Economy

PYMNTS

JULY 2, 2020

Even before any official shutdowns, 43.8 Even as predictions about the length of the pandemic continued to stretch in May, consumers also began to think about the outside world and the activities they’d most missed during the lockdown,” the reporting states. Similarly, 49.4

Returns

EBizCharge

JUNE 6, 2025

have experienced a significant surge, fueled by a combination of shifting consumer interests, legislative discussions, and growing demand for personal protection and outdoor recreational activities. Without a dedicated payment gateway, you risk delayed payments, transaction failures, or even account shutdowns due to processor restrictions.

Payment Gateways

PYMNTS

NOVEMBER 3, 2017

Since it appears the Frightful Five will continue being frightful for quite some time, let’s take a look at what they’ve been up to this week — just in case you missed it. Demand for the iPhone X, which became available for pre-order last Friday, has been so high that shipment dates were pushed back to December. Paging Dr. Bezos!

On-Demand

PYMNTS

JUNE 14, 2019

Moreover, as Amazon is continually increasing its investment in delivery logistics, they are appearing as more a competitor on the horizon than a collaborator. shutdown was preceded by the program’s closure in London in November 2018. That is the first time the company has publicly disclosed that metric. market share.

Push-to-Card

PYMNTS

DECEMBER 16, 2020

The mom-and-pop shops, independent proprietorships and independently owned restaurants, cafes and coffee shops that line Main Streets all over America have found themselves pushed to the brink – and are nervous about the prospect of their continued survival. But zooming in front of that result are some important nuances.

On-Demand

PYMNTS

APRIL 28, 2020

As Salzer told PYMNTS, “There have been some significant shifts in consumer demand — and those consumers have been increasingly transacting, and looking for help, across online channels.”. Individuals and families are likely to start saving more money as the economic environment continues to be uncertain. Shuttered branches.

Credit Union

PYMNTS

APRIL 16, 2020

The hope, he said, is to mitigate the fallout from the coronavirus shutdowns and ensuing economic strife. Macron said it was impossible to continue under the current situation, which he described as a “single market where some are sacrificed,” and called for a mutualized fund ready to take on the common threat of the coronavirus.

Shutdown