Continuity Push-to-Card Shutdown 
PYMNTS
SEPTEMBER 7, 2020
In B2B payments, the commercial card has experienced a dramatic spike in adoption this year as organizations accelerated their digital transformations and, unable to physically enter the office, began to rely on electronic payments to conduct their business. Winter Blues. Spring’s SMB Support. Spring began in dramatic fashion.
PYMNTS
JULY 1, 2020
But for credit-union servicer CO-OP Financial Services , an 18-month effort to stand up a 150,000-person call center came to fruition in mid-March, just days before shutdowns began going into effect nationwide. In some cases, we had 150 percent of the volume that we had seen daily in the days before [the pandemic].
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PYMNTS
JULY 29, 2020
In an earnings season defined by diminished expectations amid the worldwide economic shutdown, PayPal not only beat analysts’ expectations Wednesday (July 29) but enjoyed a record quarter. Rainey said PayPal is also continuing efforts “around expanding the Pay with Venmo in an eCommerce setting.”.
PYMNTS
SEPTEMBER 28, 2020
But that’s changing by the day, pushed by the strict lockdowns and shutdowns of the physical commerce sphere as the pandemic hit Italy incredibly hard in early spring and held on for weeks. The degree to which consumers intend to continue shopping online seems to depend on the types of products and services they purchase.
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.,
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. and across the world, one might have expected that quarterly earnings season would be a less than sunny experience. BofA, incidentally, is not the only big bank in the U.S.
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
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