PYMNTS

APRIL 22, 2020

For the first 12 days of April they dropped tumbled 63 percent vs. 2019. That’s good news for consumers who shop for cars online, which they did at an 86 percent rate during 2019. Used cars suffered a similar fate amid the coronavirus pandemic. Online auto sales are the only game in town. But it’s an obstacle for dealers.

Marketing 195

Marketing Online Video Industry 195

Bank Innovation

NOVEMBER 27, 2019

Welcome to the latest episode of our weekly wrap video series, for the week ending Friday, November 29, 2019.

Video 259

Video Fintech Operations Customer Experience 259

PYMNTS

JANUARY 25, 2021

In his eight years at the startup, he helped grow market capitalization to 11 billion euros from 2010 to 2017. Dropbox leader Adrienne Gormley will become the chief operating officer. The mobile digital-only bank now has over 5 million customers, more than twice the number of users than it had in early 2019. Following the U.K.’s

Fintech 254

Fintech Operations Tools Capital 254

PYMNTS

NOVEMBER 30, 2020

market for food delivery. Our [gross order volume] in 2019 represented less than 3 percent of this off-premise spend, highlighting the large addressable opportunity ahead of us in the food vertical alone,” DoorDash wrote in its recent S-1 filing. We believe we are in the early phases of broad market adoption.”. population. …

US 181

US Marketing Trends Millennials 181

PYMNTS

DECEMBER 30, 2020

Many enjoyed huge first-day price pops, heating up the IPO market even more — and 2021 seems poised to only continue the fireworks. Popular stock-trading app Robinhood Markets reportedly recently hired Goldman Sachs to lead a possible 2021 IPO that would value the company at more than $20 billion. million in the same 2019 period. “We

Marketing 198

Marketing Company Online Report 198

PYMNTS

FEBRUARY 23, 2020

The operation will likely include savings and lending products, and it comes just two years after U.S. Chase has usually not done international operations, preferring to nurture its huge and profitable domestic market. JPMorgan Chase is taking steps to open a digital bank in the U.K. by the end of the year.

Digital Banking 255

Digital Banking Lending Regulation Operations 255

Perficient

APRIL 14, 2022

With the rise in vaccination rates and a hopeful return to a “new normal,” it won’t be possible to put the genie back in the bottle and return to legacy operations. population is considered millennial or younger as of July 2019), the demand for personalization in the commerce experience grows. Leveraging Data Responsibly .

Strategy 332

Strategy Tools Industry Data 332

PYMNTS

JANUARY 7, 2021

"This capital infusion is a testament to our accomplishments, market positioning and momentum in a competitive and visible category,” Resident Co-Founder Ran Reske said in the announcement. percent in contrast to Q3 2019. In separate news, digitally native sleep company Purple Innovation, Inc.

Capital 217

Capital Strategy Branding Operations 217

PYMNTS

JUNE 15, 2020

Walmart also saw a substantial 10 percent jump in comparable store sales over the same period in 2019. In January, Walmart dispensed with cashiers at its Neighborhood Market store in Coral Way, Fla.

Arkansas 280

Arkansas United States Online Regional 280

PYMNTS

OCTOBER 16, 2020

As it aims to bolster methods of market exit and risk disposal for institutions that loan money, the central bank of China introduced a draft of updates to legislation applicable to commercial banks, Reuters reported. In May 2019, the government took over Baoshang Bank in the first seizure of its kind in almost 20 years.

Regulation 280

Regulation Lending National Marketing 280

PYMNTS

JULY 2, 2020

OPay , the SoftBank -backed African eCommerce and payments company, has suspended its Nigerian operation, citing the coronavirus pandemic and also a government ban, Bloomberg reports. The operations affected include ride-hailing services ORide and OCar, and logistics service OExpress, Bloomberg reports.

Operations 198

Operations Mobile Report Payments 198

PYMNTS

FEBRUARY 7, 2020

The National Payments Corporation of India (NPCI) provided the firm with permission to put WhatsApp Pay into operation in a phased manner, The Business Standard reported. . The company aims to scale up its share of the payments market after the full rollout is complete.

Mobile 267

Mobile Compliance Payments National 267

PYMNTS

OCTOBER 1, 2020

online grocery retailer Ocado is involved in a patent lawsuit over robotically-operated warehouse technology with robotics company AutoStore , Reuters reported. It has a stock market valuation of over 20 billion pounds (about $25.7 In July 2019, the companies were making the second of 20 of them in Florida.

Online 234

Online Florida Retail Course 234

South State Correspondent

MAY 22, 2024

Compared to 2019, lower office attendance is one of the main drivers of lower space requirements by small businesses and corporations, a fact that has dramatically curtailed office lending. Because of strong corporate earnings and substantial employment, the office market is getting a reprieve from a full-fledged downturn.

Lending 195

Lending Marketing Philadelphia San Francisco 195

PYMNTS

NOVEMBER 20, 2020

Perry, and new fund Bramalea Partners, launched by Andrew Boyd, former head of global equity capital markets at Fidelity Investments. Along with growing revenue, Loadsmart, in turn, said it has managed to keep a lid on operational expenses, which it says it has kept at 2019 levels. “As Chromo Capital co-led the deal.

Capital 253

Capital Online Industry Strategy 253

PYMNTS

SEPTEMBER 29, 2020

The Philippine digital transaction market has surged as of late, with a 42 percent jump in value between January and April this year. The company launched in 2019 and had a seed round then for $2.7 The growth was driven by the COVID-19 pandemic and the ensuing transition to more digital shopping and payments.

Payments 300

Payments Capital Online Meeting 300

Perficient

JULY 12, 2022

What does your brand portray to the market? With an increasing comfort with digital technology within financial services, firms must challenge traditional operating models and leverage digital tools to create an authentic relationship and earn (and retain) trust. Your brand is the beacon of authenticity for a personal experience.

Industry 294

Industry Branding Customer Experience Marketing Automation 294

PYMNTS

JANUARY 24, 2020

million users it reported in the summer of 2019. “We We added more customers in 2019 than we did in all the prior years put together,” Stalf, 34, added in an interview. The last funding round in July 2019 produced $170 million from investors including Valar, Tencent and Insight Partners. Nicolas Kopp, the U.S.

United States 193

United States Examples Marketing Fintech 193

PYMNTS

MAY 22, 2020

Additionally, the company reported a net loss for Q1 2020 of $306 million compared to net income of $421 million in 2019. On May 14, the company started a “phased process” of reopening retail locations on a “market by market basis.”

Report 240

Report Retail Operations Trends 240

PYMNTS

JANUARY 6, 2021

Bloomberg noted that, per data compiled by Vixio GamblingCompliance, the total online betting market can be worth as much as $10 billion in 2025, up from $1.6 6), Cuomo said that the “operator or platform must have a partnership with one of the existing licensed commercial casinos.” billion last year.

Online 269

Online New York United States Mobile 269

PYMNTS

APRIL 13, 2020

As a globally recognized leader in B2B product innovation, WEX sets a standard in the industry with their market-leading technology capabilities, agility in the marketplace and people-first culture,” said Aquilina. “I In addition, Dylan Jones will move from payments strategy operations leader to VP of operations.

Payments 239

Payments Portland Strategy Innovation 239

PYMNTS

DECEMBER 28, 2020

Some predictions pre-holiday ranged as high as a 5 percent increase over 2019; some called for flat spending. Three percent is a healthy number, as Sadove said, but it is more of a testament to the retail industry’s marketing than it is an indication of consumer spending health. percent in 2019. We beg to differ.

Data 260

Data Retail Online Report 260

PYMNTS

NOVEMBER 12, 2020

Bloomberg noted that although the private-label credit card market has grown to $191 billion, Wells Fargo still lags behind major players such as Synchrony Financial, Citigroup and Capital One Financial. percent in 2019 and its share of borrowings at 3.63 Others are operating in a less constrained way.”.

Cards 285

Cards Conference Groups Report 285

PYMNTS

NOVEMBER 24, 2019

As a result, its eCommerce platform is able to deliver fast, error-free maintenance, repair and operations (MRO) at significantly lower costs. Since announcing our Series A round of financing in January 2019, we have signed several major customers and are expanding to meet their needs across the globe. “In

Capital 231

Capital United States Analytics America 231

PYMNTS

APRIL 2, 2020

Financial institutions (FIs) face a perennial challenge in their day-to-day operations — convincing customers to use their products and services rather than a competitor’s. billion spent on TV advertising in 2019 illustrates. Big Data analytics reached a market valuation of $29.87 billion in 2019 and is projected to total $62.1

Analytics 237

Analytics Data Big Data social media 237

PYMNTS

OCTOBER 5, 2020

Livia Pozzi, operations manager for 99, said the partnership will "allow access to the service for a larger universe of people who will no longer need to download our app to order their rides," according to Reuters. However, as of late 2019, Uber was losing ground in the area in favor of Didi. Both companies are backed by SoftBank.

Mobile 243

Mobile Report Marketing System 243

Abrigo

APRIL 22, 2024

Recent dynamics of the small business lending market A deep understanding of the small business lending landscape and potential efficiencies can help banks and credit unions grow their portfolios. Dynamic market Small business lending by banks & credit unions Small businesses are a pillar of the U.S. trillion between 2019 and 2022.

Lending 243

Lending St. Louis Community Marketing 243

PYMNTS

OCTOBER 2, 2020

Credit and debit card fraud increased in April 2019 and April 2020, in fact, as fraudsters take advantage of the crisis for personal gain. This puts pressure on merchants to find ways to make their operations PCI compliant, and fast. The global tokenization market is even expected to reach $6.8 percent over the next seven years.

Compliance 243

Compliance Data Report Meeting 243

PYMNTS

JULY 7, 2020

Robust operational resilience is now a non-negotiable component of any business engagement,” according to Manish Kohli , global head of payments and receivables, Citi Treasury and Trade Solutions. “By There has been tremendous usage on an annual basis between March 2019 and March 2020, with API volumes multiplying four times.

Innovation 275

Innovation Operations Trends Payments 275

PYMNTS

FEBRUARY 7, 2020

As noted in this space in 2019, Ripple Labs , which has been developing and deploying the XRP cryptocurrency, invested $50 million in MoneyGram, in an effort to develop cross-border payments functionality underpinned by blockchain. The investment was disclosed in Brink’s conference call held Thursday (Feb. 6) to discuss earnings results.

Conference 250

Conference ATM Company cryptocurrency 250

PYMNTS

FEBRUARY 5, 2020

Looks like the digital advertising and marketing sectors are in for a reckoning. That’s a bad moon rising for some Big Data operators. That sum is more like a friendly reminder to Google, which did $40 billion in revenue in Q3 2019. How that will affect merchants’ online promotional activity hangs in the balance.

Google 288

Google Data Regulation social media 288

PYMNTS

JANUARY 15, 2021

The company's total revenue increased by 59 percent in 2019 to reach $2.30 Founded in 1999, based in Argentina and registered in the United States, MercadoLibre is an eCommerce platform and digital payment solution that operates across Latin America. billion; first-quarter revenue in 2020 went up 38 percent to $652 million.

Regional 207

Regional America United States Operations 207

Perficient

NOVEMBER 17, 2020

At the same time, Covid-19 presents opportunities for business leaders in the banking industry and beyond to develop strategies and branding that will define their future, as distinct market forces and customer behaviors will certainly emerge in the “new normal.” Mobile end-to-end account opening is one of those areas. Banks have seen a 14.5%

Mobile 294

Mobile Online Conference Customer Experience 294

PYMNTS

FEBRUARY 24, 2019

According to a report in OracleTimes , Mercury FX chief executive Alastair Constance said during the Ripple Regionals 2019, a company event held in London, that it will use xRapid for payments from the U.K. Earlier this month SendFriend , which operates in the cross-border payments market, announced it raised $1.7

blockchain 203

blockchain Regional Report Payments 203

PYMNTS

JUNE 23, 2020

“Partnering with leading fintech companies is a critical component of our strategy to accelerate digital growth,” MoneyGram Chief Operating Officer Kamila Chytil , who heads the company’s digital business, said in the announcement. But revenues in Q1 fell to $291 million, down from $315 million in Q1 of 2019, a nearly 8 percent decline.

Fintech 250

Fintech Dallas Financial Technology Report 250

PYMNTS

AUGUST 10, 2020

We’re talking lay sellers, not savvy operators with digital storefronts. That involves simplifying and modernizing the online buyer-seller experience for the mass market, he said, and not just for top-selling reCommerce experts. billion yen ($490 million) in fiscal year 2019.”. Plenty of those around. percent from 51.5

US 278

US America Online Mobile 278

PYMNTS

OCTOBER 12, 2020

He said Qume’s goal, since forming early in 2019, was to build a regulatory-friendly, more decentralized experience for things like custody. The money will be used to help Aave expand into the Asian market, and help it achieve more institutional adoption. regulators not coming as a surprise.

Bitcoin 261

Bitcoin Compliance Lending Regulation 261