PYMNTS

NOVEMBER 30, 2020

Census Bureau data indicating a seasonally adjusted decline in restaurant sales in October — the first slippage since the industry began to claw its way back from the damage inflicted by the first wave of shutdowns. We continue to support aggressive steps to protect the nation’s public health.

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Shutdown NOV Adjustments Rules 112

PYMNTS

JANUARY 9, 2020

The increased regulatory and capital requirements for China’s P2P lenders should continue to put pressure on the sustainability of business models across the sector in 2020, leading to further industry contraction,” said Katie Chen, director for non bank financial institutions at Fitch Ratings, told the South China Morning Post Tuessday (Jan.

P2P 52

P2P Shutdown Non-Bank Regulations 52

VISTA InfoSec

MAY 23, 2024

This approach is slightly more complex, but it is applicable in cases when a specific resource needs to be removed permanently from the infrastructure because its continued existence only adds unnecessary clutter.

Compromise 288

Compromise Database Best Practices Shutdown 288

Fintech News

APRIL 22, 2024

The B2B firm, which specialised in providing robo-advisory products to financial institutions, was unable to achieve profitability within the set timeframe, leading to its shutdown. “We had some great clients.

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Shutdown Advisors Mitigation Consulting 113

PYMNTS

APRIL 27, 2020

The Paycheck Protection Program (PPP), which is intended to distribute loans to small businesses affected by coronavirus pandemic shutdowns, resumed activity on Monday (April 27) and it wasn’t even a full day before more reports of now-familiar glitches and delays resumed as well.

Continuity 52

Continuity Small Business Shutdown Caps 52

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. These activities illustrate why such trends are likely to continue.”.

Economy 113

Economy Shutdown Procedures Agreements 113

PYMNTS

AUGUST 4, 2020

What Visa witnessed worldwide within the pandemic’s first 60 days of shutdown was SMBs embracing new channels during “that really critical time,” he said. But Phalen said that what is surprising is how good SMB owners worldwide are feeling as they come out of mandated shutdowns and more or less get back to business.

Small Business 126

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

PYMNTS

APRIL 8, 2020

The endgame is for those SMBs, most of which have had to close or drastically reduce operations to prevent the spread of the coronavirus , to be able to continue to pay employees and keep the lights on while social distancing and lockdown rules are in effect.

Shutdown 104

Shutdown Small Business Caps Governance 104

PYMNTS

JANUARY 9, 2020

A New Year’s Eve ransomware attack on Travelex continued to affect global businesses and customers today, including multiple Samsung Pay users, according to reports. A company representative confirmed that Samsung Pay’s international transactions have halted as technicians continue their efforts to resolve the issue.

Cross-Border 53

Cross-Border Shutdown Ransomware Compromise 53

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

OCTOBER 21, 2020

The trends toward modernizing the banking system were only accelerated by lockdowns and shutdowns of brick-and-mortar locations. “If That shift has underscored the banking sector’s need to have a robust and resilient tech infrastructure in place to allow banks to continue to function and continue serving customers.

Interoperability 126

Interoperability Digital Currency Cross-Border Regulations 126

PYMNTS

APRIL 15, 2020

The plaintiffs, represented by attorney Alan Rifkin, will continue to press on with the suit, seeking to use their rights to access the critical funds. The program offers forgivable loans of as much as $10 million to hopefully keep the doors open and employees paid while the coronavirus continues to mandate a shutdown of most businesses.

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Shutdown Rules Process Economy 89

PYMNTS

JUNE 19, 2020

Finance reported. “Many small businesses will continue to struggle in the weeks and months to come,” Senator Ben Cardin (D-Maryland) told Yahoo. The lawmakers say the nation’s small businesses continue to struggle as the shutdown continues. “In In the House, U.S.

Small Business 91

Small Business Shutdown Underserved Treasury 91

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

PYMNTS

JULY 2, 2020

The company’s earnings statement, released on Wednesday (July 1), shows that its supply was depleted due to pandemic-driven shutdowns at its Mexican plants in March and April, as well as bar and restaurant shutdowns across the U.S. It was accelerated by the launch of Corona Hard Seltzer, which the company says has become the No.

Shutdown 86

Shutdown Regulations Laws Consumer 86

PYMNTS

JULY 8, 2020

Homebuyer mortgage applications surged as June turned into July, in yet another sign of the housing market ’s surprisingly strong rebound after the coronavirus-triggered shutdown this spring.

Shutdown 62

Shutdown Continuity 62

PYMNTS

JULY 15, 2020

Brainard posited that the economy would instead continue to fluctuate, based on how the virus was progressing, with some industries doing better or worse than others. businesses closed forever between March and May due to the pandemic’s shutdowns.

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Federal Reserve Shutdown Economy Fed 73

PYMNTS

SEPTEMBER 3, 2020

Of course, large retailers, too, are continuing to invest in accelerating their investments in their digital experiences. Cole said there continues to exist the “COVID-related phenomenon that’s happened to small businesses all over the country.

Digital Payments 104

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

PYMNTS

MAY 20, 2020

“As the fitness landscape continues to evolve, we have seen a clear shift toward personalized, content-driven, at-home workout experiences,” added Scott Dahnke, global co-CEO of L Catterton. But the shutdown has also led to difficulties in buying high-end equipment.

On-Demand 93

On-Demand Shutdown AI Continuity 93

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. We’ll certainly continue to invest in the developer portal and APIs,” he said.

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Credit Union ATM Volume Push-to-Card 100

PYMNTS

NOVEMBER 20, 2019

government shutdown as a key factor behind a corporate banking slowdown. “At Citi, we are arming our clients with the technology to enable expansion and sustain growth by automating key aspects of their core operations and improving the end-to-end users experience.”. The Financial Times reported in May that Citi had pointed to the U.S.

Cross-Border 83

Cross-Border Accounts Multi-Currency Reconciliation 83

PYMNTS

JANUARY 30, 2020

This will help reduce the unnecessary risk of virus exposure or transmission, and is the most prudent measure to take while we continue to closely monitor the situation in China,” said Michael Mullen, Kraft Heinz spokesman. Ford, JPMorgan and Kraft Heinz have all instituted travel bans to China.

Shutdown 43

Shutdown Government Governance Product 43

PYMNTS

JANUARY 23, 2019

With the partial shutdown in the Federal government now in its 33rd day, furloughed workers are freelancing with Uber, the ride-hailing company, to shore up cash. With about 800,000 government workers about to miss their second paycheck since the shutdown began, struggling workers are turning to different services to survive.

Government 46

Government Governance Shutdown Continuity 46

PYMNTS

SEPTEMBER 23, 2020

It's gratifying that KKR sees such incredible value in our brand and that they will continue to support us in doing what we do best — delivering the best vision care to consumers with the highest quality customer service,” 1-800 Contacts CEO John Graham said in the announcement.

Shutdown 81

Shutdown Returns Innovation Consumer 81

PYMNTS

JUNE 29, 2020

As COVID-19 forced the shutdown of the nation’s economy, the share of the population employed fell from a high of 61 percent at the start of the year. economic recovery continues, according to DOL. The employment-population ratio, the number of employed people as a percentage of the U.S. The post-war record came in 2000 at 65 percent.

Shutdown 92

Shutdown Economy Payroll Continuity 92

PYMNTS

DECEMBER 27, 2020

In a continuing showing of the strength of the cryptocurrency, bitcoin is now valued at $500,000, according to the report. and the anticipated hard shutdown will take place Jan. The price of bitcoin has passed $28,000 on Sunday (Dec. 27) just hours after also passing $27,000 for the first time, according to the NASDAQ.

CBDC 101

CBDC Bitcoin Digital Currency Cryptocurrency 101

PYMNTS

OCTOBER 28, 2020

The sudden spike and the possibility of hospitals being overwhelmed means Swiss officials will soon announce new national measures to curb the infection, and they’re under extreme pressure from doctors to impose a strict national shutdown. European shutdown measures have led to protests and even small riots in Italy.

Economy 71

Economy Shutdown Returns Government 71

PYMNTS

DECEMBER 27, 2018

The ECB noted that underlying inflation is forecast to increase on a gradual basis over the medium term, supported by its monetary policy measures, continued economic expansion and increasing wage growth. “Global inflationary pressures are expected to rise slowly as spare capacity diminishes.”

Central Bank 76

Central Bank Small Business Shutdown Economy 76

PYMNTS

AUGUST 16, 2020

million in a funding round, which it intends to go toward continuing the company’s work in automating processes and boosting cash management, according to a press release. Cash flow is even more critical now, as the pandemic and shutdowns have disrupted supply chains worldwide.

Finance 79

Finance B2B Shutdown Automation 79

PYMNTS

JULY 2, 2020

Lower digital sales penetration, a slower cadence of store reopenings, less agile management, and a continuing reluctance among many consumers to visit malls were all likely contributors to this dreadful sales performance,” said The Motley Fool. I think the majority of retail is going to have a tough time surviving another major shutdown. …

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Shutdown Returns Caps Advisors 98

PYMNTS

NOVEMBER 22, 2020

22), could continue even beyond the pandemic, potentially ending an old American standard of dealers with rows upon rows of cars on display outside that customers could walk in and drive off the lot the same day. The change, WSJ speculated Sunday (Nov. In Europe, by contrast, the practice of preordering cars weeks in advance is more common.

Posting 77

Posting Shutdown On-Demand NOV 77

PYMNTS

FEBRUARY 1, 2019

The government shutdown was no speed bump, at least, according to the latest job numbers. Department of Labor (DOL), showed that even with a partial government shutdown, growth marked the period and the unemployment rate stood at 4 percent. percent, continuing a trend. Data released on Friday (Feb.

Shutdown 49

Shutdown Federal Reserve Fed Government 49

PYMNTS

JUNE 18, 2020

The problems arose when the funding from some shareholder banks ended up being less than previously expected, and many shareholders didn’t end up choosing to continue investing. The cuts come not long after tech giant IBM took a 7 percent stake in we.trade. million to $3.4

Request for Comment 69

Request for Comment Shutdown Blockchain Continuity 69

PYMNTS

APRIL 6, 2020

Yet, consumers continue to overwhelmingly prefer physical transactions over contactless methods. percent of consumers reported using Apple Pay at the POS in early- to mid-March, and just 3.3 percent reported Walmart Pay usage. percent.

Point-of-Sale (POS) 93

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

PYMNTS

DECEMBER 3, 2020

We are continuing on our journey to create an omnichannel organization within our Walmart U.S. Also, Walmart was not hit with the store shutdowns that impacted other retailers. Walmart is reportedly laying off an additional 1,200 workers as part of a reorganization that encompasses the big consumer shift to online shopping.

Shutdown 76

Shutdown Adjustments Consumer Continuity 76

PYMNTS

JULY 30, 2020

Let’s check it out: Shutdowns Beget Mass Unemployment . These improvements in the labor market reflected the continued resumption of economic activity that had been curtailed in March and April due to the coronavirus pandemic and efforts to contain it,” the BLS said in releasing the numbers. percent between April and June.

Economy 114

Economy Federal Reserve Government Governance 114

PYMNTS

JULY 3, 2020

And it is continuing to do that.”. TerrAvion hasn’t faced many pandemic-related challenges because many of its client grow commodity crops like corn, wheat, soy, cotton and canola — which farmers tend to plant in heavily rural states that haven’t done major shutdowns.

Technology 117

Technology API Shutdown Procedures 117