article thumbnail

Black Swans Are The Sandbox Of New Innovations

PYMNTS

Telecommuting, online education and moving to a cashless and virtual financial system will likely become the norm,” he told PYMNTS. This most recent black swan is proving that online financial services are a lifeline service.”. We built some of the first eWallets and online marketplaces. That’s the nature of these events.

article thumbnail

Vivier Launches New Online Banking Platform

PYMNTS

Vivier & Company, a boutique financial services company, has announced the launch of its new online banking system, which follows the completion of a cloud-based service for financial institutions implemented by IndiaT4T.

Online 100
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Online Sports Betting Gets A Super Bowl Workout

PYMNTS

5), details emerged about the success and failure of the new online sports betting regime in the U.S. A clear picture of online gambling spend, losses and trends is yet to emerge, but some general data points provide detail. At least eight states have some form of legal online sports betting, with more moving toward that goal.

Las Vegas 122
article thumbnail

DOJ Nearing Decision On Antitrust Suit Against Google

PYMNTS

Supreme Court to announce a bipartisan investigation into whether the company has abused its position in the online advertising market. It controls one-third of the world’s online ad spending, but 90 percent of the market for some ad tech tools. The two sides settled in 2001. Each state has launched separate probes. “I

Google 199
article thumbnail

CFPB Opens Floodgates For Online Marketplace Lender Complaints

PYMNTS

The CFPB has officially opened up its online forum for accepting consumer complaints geared at those who have experienced issues from online marketplace lenders. When consumers shop for a loan online, we want them to be informed and to understand what they are signing up for,” said CFPB Director Richard Cordray.

Online 100
article thumbnail

Coronavirus Crippling $1.7T Tourism Sector

PYMNTS

Previous travel industry downturns were triggered by the 9/11 terrorist attacks in 2001, the SARS pandemic in 2002 and the Iraq war in 2003. We aren’t capable of saying how long the situation will last,” said Ana de Pro, chief financial officer of online booking software Amadeus. . International tourism generated $1.7 percent.

Google 188
article thumbnail

Mall Vacancy Rate Reaches 20-Year High Of 9.7 Pct.

PYMNTS

percent with the 2001 recession and hit 9.4 As traditional mall merchants go under, however, some online brands are expanding into brick-and-mortar locations. An April, a UBS report showed that online shopping by the average U.S. An April, a UBS report showed that online shopping by the average U.S. 24 were up 3.4