Chris Skinner

DECEMBER 17, 2019

Things we’re reading today include … Deutsche Bank Considers Cutting Bonus Pool by as Much as 20% UBS/the wealthy: Khan-do spirit Another Credit Suisse senior manager was followed: NZZ Duty of care should protect elderly from online fraud, trust warns ‘Gutsy’ Scot in line to be first female boss of … The post Things worth reading: (..)

Fraud 222

Fraud Online Management 222

Chris Skinner

NOVEMBER 16, 2019

I’ve pointed out many times that it’s easy to scam people online and defraud them. I even once got a phone call from an elderly gentleman asking me if he had really won £1 million … The post The Finanser’s Week: 11th November – 17th November 2019 appeared first on Chris Skinner's blog.

Maine 220

Maine Meeting Online 220

PYMNTS

SEPTEMBER 17, 2020

billion in 2019 feeding and caring for their pets. Our online growth is actually representative of a larger shift toward omnichannel shopping where more and more customers are shopping in multiple channels like in-store, online, with services and our vet clinics. Americans spent $95.6 Promotions are rolling out as well.

Online 238

Online Retail US Industry 238

PYMNTS

JANUARY 6, 2021

Soon, you might be able to bet on it…literally, online and through mobile means. (OK, According to reports, Cuomo is set to unveil the proposal to legalize online gambling (he also seeks to legalize marijuana) in his state of the state address that is scheduled for next week. Bet on New York emerging a bit more flush from the pandemic.

Online 269

Online New York United States Mobile 269

PYMNTS

JANUARY 25, 2021

Building on top of the open banking infrastructure, PayDirect is a new payment method that enables companies to take online payments in a highly secure way, and also pay out to customers through the same rails. I mean, how does a piece of plastic have anything to do with online?

Online 300

Online Meeting Payments Cards 300

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. In July 2019, the companies were making the second of 20 of them in Florida. s online delivery pool.

Online 234

Online Florida Retail Course 234

Payments Dive

MARCH 7, 2023

The gunman in a 2019 attack at an El Paso Walmart store likely used a credit card to buy his gun online. This story is one in a series of pieces tracking payment methods for guns used in mass shootings.

El Paso 394

El Paso Cards Online Payments 394

PYMNTS

JUNE 24, 2020

While web users have harnessed eCommerce in numbers that haven’t been seen before amid the COVID-19 heath crisis, eMarketer forecasts the worldwide retail online shopping sales will slow down to a 16.5 percent in 2019. The firm forecasts an overall $3.914 trillion in online shopping sales in 2020 per an announcement.

Online 237

Online Retail America National 237

PYMNTS

DECEMBER 10, 2020

TSYS , a payment processing company, has suffered a ransomware attack and had some data posted online, according to a report from Krebs on Security. Ransomware attacks jumped 39 percent in 2019, with losses rising 46 percent, according to sources. Krebs said the attackers have said they plan to publish more in the coming days.

Online 226

Online Data Columbus Cards 226

Accenture: Banking

OCTOBER 5, 2021

The pandemic has supercharged the trend towards contactless, online and instant payments. Contactless payments, for instance, grew 150% from March 2019. The pace of change in payments right now might seem overwhelming. This is just the start. In the next 10 years, almost 2.7

Payments 385

Payments Trends Online Digital Banking 385

PYMNTS

JULY 30, 2020

billion for Q2 2019. billion in second-quarter 2019. Online grocery sales tripled. On the earnings call, Chief Financial Officer Brian Olsavsky pointed out that Q2 2020’s numbers topped Q4 2019 and that Q3 would be even bigger. “As Among those numbers: Operating cash flow increased 42 percent to $51.2

Online 238

Online Capital Operations Video 238

Perficient

SEPTEMBER 11, 2020

Online spending and grocery shopping rates have doubled since 2019 and is projected to increase throughout 2020 as end-users exercise caution while procuring their groceries. INC: Ecommerce sales for eight weeks ending April 25 th grew 243%, compared to the same period in 2019. Costco: Reported similar gains of close to 100%.

Industry 309

Industry US Exercises Online 309

PYMNTS

NOVEMBER 25, 2020

billion online in November as holiday shopping gets underway – a 32.6 percent year on year since just Sunday alone, and Adobe is reiterating its forecast for record online sales for Thanksgiving Day, Black Friday and Cyber Monday. billion in Black Friday online sales (39.2 billion in Black Friday online sales (39.2

Online 217

Online Retail Video Analytics 217

PYMNTS

MAY 7, 2020

However, consumers are reportedly turning to online casinos and sportsbooks, as the pandemic has closed brick-and-mortar casinos in markets such as the United States to minimize risk. percent that month compared to March 2019, according to the latest PYMNTS Disbursements Tracker , its gaming revenues over the same period jumped 65.7

Online 210

Online Las Vegas New Jersey Nevada 210

PYMNTS

AUGUST 7, 2020

Millions of consumers around the globe are turning to online games during the COVID-19 pandemic, and cybercriminals are springing into action with schemes to target them. Online gambling compliance experts are also predicting that cybercrime will sharply rise in the coming months. Why Online Gaming Appeals To Fraudsters .

Online 222

Online System Fraud Video 222

PYMNTS

NOVEMBER 30, 2020

The divide between digital and brick-and-mortar commerce hit a tipping point this holiday season, with more consumers than ever going online to kick off their holiday shopping sprees. Three in four shoppers bought items online and three in 10 shoppers bought items exclusively online. Our research shows that 74.1 It is also 27.1

Data 321

Data Online Cards Google 321

Perficient

JANUARY 12, 2021

Consumers are looking for online buying processes that are easy and can provide opportunities to search, learn, and purchase products without and roadblocks, especially during COVID-19. In 2019, Gartner projected that over 100 million customers would be shopping with AR in 2020. So, is this the year of AR breakthrough?

Customer Experience 538

Customer Experience Branding Video Online 538

Abrigo

MARCH 15, 2022

Offering Digital Consumer and Commercial Accounts Benefits Financial Institutions Banks and credit unions that enable online/digital account opening win new customers and members and retain existing ones. . Takeaway 1 Many financial institutions are adding or improving online or digital account opening capabilities. .

Online 195

Online Lending Survey Digital Banking 195

Bank Innovation

APRIL 27, 2020

Louis-based Midwest BankCentre, gained $130 million in deposits in 2019. With the success of the stand-alone digital bank, which launched in January 2019, Midwest BankCentre is now incorporating new technologies into its traditional online banking. Rising Bank, the digital offshoot of St.

St. Louis 259

St. Louis Digital Banking US Online 259

PYMNTS

NOVEMBER 13, 2020

Power research shows that the number of customers doing their credit applications online has kicked into high gear. Consumers and Banks Both Like Online Auto Loans. Consumers are apparently so glad to dump the back-office haggle between dealer and bank that roughly one-third of car buyers are now doing the loan process online, J.D.

Online 214

Online San Francisco Trends Marketing Strategies 214

Perficient

MARCH 23, 2021

In this year’s study, we compare 2019 and 2020 traffic patterns in the U.S. websites in 2020, up from 57% in 2019. Desktop 2018 (published 2019). The following chart outlines the percentage of mobile versus desktop visits websites received in 2019 and 2020. and globally. We also include tablet usage stats.

Mobile 421

Mobile Study Community Industry 421

Bank Innovation

JANUARY 2, 2020

Gartner’s Digital IQ Index for 2019 surveyed 80 banking and financial brands, including national banks, regional banks, online banks and fintech startups. It examined 1,200 data […].

Regional 273

Regional Study Survey National 273

PYMNTS

DECEMBER 23, 2020

Between January 2016 and August 2019, the CFPB said it discovered numerous “systemic errors” that could have lowered consumers’ credit scores, such as the wrong date an account first became delinquent, according to a consent order.

Report 356

Report Compliance Online Lending 356

PYMNTS

DECEMBER 18, 2020

Digital trust-and-safety company Sift said that 2020 has been a “banner year” for online shopping sales, but that scammers have modified their approaches to take advantage of the boom, according to an announcement. Digital fraud is a longstanding issue for retailers and banks. The pandemic has only made these issues worse.

Report 333

Report Fraud Strategy Retail 333

PYMNTS

JULY 26, 2020

of India (NPCI) that facilitates inter-bank transactions, has propelled the growth of online payments, the Financial Times (FT) reported. UPI allows customers to make inexpensive, real-time transfers across bank accounts and to pay for everything from groceries to online services.

Payments 309

Payments Mobile Analysis Google 309

PYMNTS

APRIL 8, 2020

Online grocery sales have spiked because of the coronavirus, but the sector had been heading toward a breakout year. 200%: Minimum increase in online clothing shopping in March, compared to 2019. 111%: Growth of buy online, pickup in store (BOPIS) from March 12 to March 15, compared to last year.

Data 213

Data Online Retail Report 213

PYMNTS

NOVEMBER 20, 2020

The startup has since expanded into eCommerce with a service targeted at retailers and other online merchants, Chipper Checkout. African FinTechs attracted $2 billion in venture capital money in 2019, according to Face2Face Africa. Chipper brought home its first round of investor cash last year, with a $2.4 Stripe, the U.S.-based

Fintech 332

Fintech San Francisco Capital cryptocurrency 332

PYMNTS

DECEMBER 17, 2020

Account takeovers and shipping fraud increased by 347 percent and 391 percent, respectively, between 2018 and 2019, and the pandemic has only exacerbated these issues. Other fraudsters are deploying phishing schemes to net their ill-gotten gains, either using the stolen data themselves or selling it online.

Fraud 255

Fraud Online Retail Examples 255

PYMNTS

SEPTEMBER 29, 2020

Filipino online payments platform PayMongo has come off a funding round with $12 million, according to a press release. The company launched in 2019 and had a seed round then for $2.7 Plaza said the impetus to form the company came from realizing how difficult it was to integrate payments into new online services.

Payments 300

Payments Capital Online Meeting 300

PYMNTS

JANUARY 6, 2021

billion in 2019, with 66 percent of that number used to pay for pet food. In 2019, Petco saw its shares go up 9 percent and hit $3.58 Petco also said it will continue to expand its digital business, the filing shows, in particular the buy online, pick up in store (BOPIS) feature. In 2020, same-store sales spiked by 9.6

Training 256

Training Online Industry Report 256

PYMNTS

DECEMBER 18, 2020

In doing so, we bring the power of community to buying and selling online. million in 2019, Poshmark made $21.1 That’s up 28 percent from the same 2019 period. million from $50 million in the same 2019 period. But things turned around later in the pandemic as shoppers moved online. After losing $14.5 30 quarter.

social media 232

social media Online Millennials Training 232

PYMNTS

NOVEMBER 16, 2020

A new report from TransUnion shows that average consumer-level credit card balances have declined during the course of the COVID-19 pandemic and now stand at $5,075 as of Q3 2020, down from $5,668 in Q3 2019. The recent declines in total credit card balances reverse a three-year trend between the third quarters of 2017-2019,” said TransUnion.

Cards 302

Cards Retail Survey Trends 302

PYMNTS

NOVEMBER 20, 2020

Loadsmart features an online portal designed for those in the shipping business to move freight through ports and across rail lines and highways on land. Loadsmart said it has instead focused on what its online shipping platform can do for companies in the transportation business on a value-added basis, “coupled with API integrations.”.

Capital 253

Capital Online Industry Strategy 253

PYMNTS

NOVEMBER 23, 2020

Western Union first unveiled the goal of expanding digital payments to 100 countries during its investor day event in 2019. With consumers increasingly turning to online ways of doing things amid the pandemic, Western Union saw its digital revenue jump 45 percent in the third quarter compared to the same period a year ago.

Payments 361

Payments Strategy Regional Trends 361

PYMNTS

APRIL 5, 2020

Online tax preparation service TurboTax has announced that it is rolling out a free, stimulus registration solution to assist people who are not required to file a tax return. The IRS will be using federal tax returns from 2018 or 2019 to determine eligibility. There are roughly 10 million people in the U.S.

Tools 227

Tools Taxes Payments Online 227

PYMNTS

JUNE 15, 2020

Walmart last month launched Walmart Pay, its touch-free payment system, while expanding the ability of customers to shop online by rolling a number of apps into one central Walmart app. Walmart also saw a substantial 10 percent jump in comparable store sales over the same period in 2019.

Arkansas 280

Arkansas United States Online Regional 280

PYMNTS

DECEMBER 28, 2020

Some predictions pre-holiday ranged as high as a 5 percent increase over 2019; some called for flat spending. percent in 2019. percent and online sales growth of 3.3 What’s more interesting is what might be a new “black” shopping holiday, which is the last day that retailers guarantee online shipping. percent online.

Data 260

Data Retail Online Report 260