PYMNTS

DECEMBER 31, 2020

Key Data Points: Consumers are performing 12 percent more activities at home in 2020 than they did in 2019 and making purchases during 12 percent of those activities, on average. Key Data Points: 60 percent of small restaurant operators have had their revenues decline since the pandemic began. 31 percent bank via app. percent to 11.5

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PYMNTS

JANUARY 20, 2021

As consumers’ day-to-day lives have digitized across the board in 2020, Hernandez said that Mastercard had already seen a trend toward the adoption of instant payments. On the operational side, simplifying some processes like managing checks is painful — not only for the recipient, but also for the sender,” Hernandez explained.

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PYMNTS

DECEMBER 30, 2020

How 2020 Impacted Digital-First Banking. changed the operating hours of all its branches, for example, and limited the number of customers that can be inside a branch at any given time, while Lloyds Bank has temporarily closed 200 of its 1,600 locations and reduced the operating hours of another 100 locations. .

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PYMNTS

OCTOBER 8, 2020

Risk management platform Feedzai announced a 44 percent increase in growth for the first half of the fiscal year for 2020, which a press release says was one of the company’s most successful so far. Comparing it favorably to the first half of 2019, Feedzai says it closed deals in the U.S., EMEA, Asia and the Pacific and Latin America.

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PYMNTS

NOVEMBER 30, 2020

While digital has been on the rise in seasonal shopping for the last several years, it entered the 2020 season on unusually strong footing. percent of “online natives,” those who begin and complete their shopping journeys via computer. Before March 2020 66.2 Before March 2020 66.2 percent say they still are.

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Perficient

OCTOBER 10, 2020

With this new service, your organization can have peace of mind knowing that experts will be responsible for room management and operations on your behalf. To make things easier on administrators using PowerShell to manage Teams, Microsoft is consolidating the Teams module and Skype for Business Online Connector into a single module.

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PYMNTS

DECEMBER 16, 2020

Small and medium-sized businesses (SMBs) have unfortunately found themselves at or near the top of COVID-19’s 2020 hit list. Nearly a third of decision-makers for at-risk firms plan to lay off their employees and continue working alone, whereas 43 percent plan to operate their businesses from home.

Maine 282

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PYMNTS

DECEMBER 24, 2020

If 2020 taught us anything about cryptocurrencies, it’s that they’ve reached a tipping point. If one measures success for digital currencies in buzz — and in price appreciation for many of the marquee names — then 2020 stands out as a banner year. Here are some of cryptos’ key developments for 2020: Bitcoin Goes Higher And Higher.

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PYMNTS

OCTOBER 23, 2020

In fact, 2020 opened with retail reports decrying the great toy sales slump , citing the 4 percent fall-off in toy sales, the rather tepid holiday sales season reported between 2018 and 2019 and the fact that toy sales came up short during last year’s holiday season. under the age of 14.

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PYMNTS

DECEMBER 18, 2020

The National Restaurant Association ’s initial 2020 outlook was bright, as it projected sales just shy of $900 billion. This revenue free fall could result in 100,000 restaurants nationwide closing either temporarily or permanently, with 40 percent of all restaurant operators unsure whether they can survive six months into the future.

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PYMNTS

JANUARY 20, 2021

Pointing to increased demand for premium products and continued lifestyle changes from the coronavirus, Procter & Gamble reported an 8 percent increase in total revenues Wednesday, led by a 50 percent increase in its online sales. We're optimistic about our post-crisis prospects and generally like our hand,” Moeller said.

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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 .

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PYMNTS

MAY 6, 2020

The COVID-19 pandemic has had a noted effect on how several industries can operate and interact with their customers during this time including retail stores, movie theaters and casinos. There is one sticking point online casinos need to fix, however, and that is the speed at which consumers receive their winnings.

Online 222

Online Taxes United States Industry 222

PYMNTS

JULY 30, 2020

Among those numbers: Operating cash flow increased 42 percent to $51.2 Operating income increased to $5.8 Operating income increased to $5.8 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

Online 238

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PYMNTS

DECEMBER 24, 2020

market for initial public offerings (IPOs) had a banner year in 2020 despite the pandemic — or perhaps because of it. billion during 2020’s first nine months. Considered an online version of a dollar store, ContextLogic looked in many ways like the next Amazon. percent during 2020’s first nine months to $1.75

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US Company Report Payments 230

PYMNTS

AUGUST 10, 2020

Consumers have been using internet technology for everything from nonessential health services to ordering from restaurants in the last few years, especially shopping more frequently online for retail products and groceries. Instant payment availability is particularly low for income- and earnings-related payments at less than 6 percent.

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PYMNTS

MAY 7, 2020

reported a net loss of $402 million for the first quarter of 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. Revenues for its casinos plummeted by 61.7 reaching a value of $102.9 billion by 2025.

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PYMNTS

JANUARY 1, 2021

If 2020 was the year of streaming media, of content done a million different ways, of apps and Apple, and Google’s and Amazon’s algorithms … it was also the year of Big Tech regulation, where 2020 set the stage for a 2021 that could be seismic in changing the way companies — from Facebook to Apple to debt collectors — interact with consumers.

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Abrigo

DECEMBER 19, 2019

Due to new and emerging technologies, changing regulations, and ever-evolving customer expectations, banks and credit unions across the country are taking an assortment of different strategies to achieve their growth goals in 2020. Resolve to make quicker loan decisions in 2020. If only it could be that simple. Learn more.

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PYMNTS

JULY 27, 2020

Noting that some countries are able to operate more normally now than the U.S., The following is an excerpt from How 35 Execs Are Powering The Great Digital Shift Of 2020 (And Beyond) , contributed by Tipalti CEO and Co-Founder Chen Amit. There are no more excuses for investing in a modern, viable FinTech stack.

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PYMNTS

DECEMBER 30, 2020

Though 2020 was full of volatility, the B2B FinTech landscape persevered with venture capitalists and other investors for a lucrative year. Highlighting the increasing interest in this startup space is this week's B2B venture capital roundup, which recaps the final two weeks of 2020 in B2B FinTech investments. million investment, Tech.eu

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PYMNTS

DECEMBER 30, 2020

With trade shows canceled and enterprise digitization accelerated, 2020 was a big year for the adoption of B2B eCommerce. As the trend proliferated, it opened up new opportunities for businesses to migrate their payment workflows online, too. Embedded Finance.

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PYMNTS

JANUARY 1, 2021

You hear a lot about the new normal and stuff like that, but I really see it as banking at the speed of life,” said CarrieAnne Cormier , senior vice president of Retail Operations and Strategy at Avidia. As told by Citi and GE , the pandemic prompted a massive online shift as stores closed and consumers became wary about venturing out.

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PYMNTS

SEPTEMBER 29, 2020

Consumers are shopping more online , are increasingly interested in contactless payment methods and are showing up in stores to buy, not to browse. They’re also looking for curbside pick-up when they order online, omnichannel interactions and more choice when it comes to how they pay and when. And there's a huge opportunity.

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PYMNTS

NOVEMBER 11, 2020

11 (“11-11”) in China and some other countries — saw online sales explode past last year’s sales totals. online sales seen last year between Thanksgiving and Cyber Monday. billion online during that period, according to Adobe Analytics data. Alibaba ’s Singles Day performance on Wednesday (Nov. That’s up from $38.4

Regulation 239

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Perficient

SEPTEMBER 29, 2020

The world is quite a different place than it was six months ago, and with the 2020 holiday season fast approaching, the pressure is on to meet revenue goals in what’s been an uncertain year. There’s the experience, there’s the business operations, and there’s the technology and data that has to drive it.

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PYMNTS

DECEMBER 31, 2020

For Main Street businesses, to say 2020 was challenging is an understatement. The good news, according to PYMNTS data , is that as 2020 is coming to a close, small- to medium-sized businesses (SMBs) are feeling genuinely more confident about their odds of continued survival than they were when the pandemic began.

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PYMNTS

JANUARY 7, 2021

The new year is here, and the grocery business gets to finally close the book on a difficult and complicated 2020. We're proud of the product mix and shopping experience we provide in our stores and online. We will transition that portion of our eCommerce operations to third-party logistics providers who specialize in that service.”.

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PYMNTS

DECEMBER 14, 2020

The 2020 holiday shopping season is picking up, and consumers are heading online or to reopened brick-and-mortar stores to shop and pay for gifts. Tools that meld physical and online experiences are likely to gain more importance to retailers in the future. eBay recently added a pickup tool that uses QR codes, for example.

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Perficient

JULY 10, 2020

It’s a sad truth that on July 9, 2020, COVID cases are on the rise in America. Achieving these commitments will require clinical, marketing, and operations teams partnering more closely together and in a way they never have before. We believe this new reality may be with us for the rest of 2020 and beyond.

US 522

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PYMNTS

OCTOBER 24, 2020

Usually, but not in 2020 — as Santa’s are sitting out the season given COVID-19 social distancing restrictions make sitting on Santa’s lap basically impossible. Instead, Macy’s has announced it is trying to recreate the holiday magic for children and families via a virtual portal that will be available online from Nov.

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PYMNTS

DECEMBER 24, 2020

Consumers, in short, entered spring 2020 realizing that their old, largely physical habits for feeding themselves were a bad fit in a world where proximity between themselves and strangers was frowned upon as a public health liability. ChowNow Co-founder and Chief Operating Officer Eric Jaffe. A Clamor Is Coming For Subscriptions.

Industry 206

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PYMNTS

AUGUST 7, 2020

Barrons: Online Lender Kabbage Shopping for Buyers. Report: Skillz Takes Bowling Online — And Strikes Out Bad Actors (Digital Identity Tracker) . With consumers largely avoiding bowling alleys, some operators are looking to strike it big by integrating with digital gaming platforms, making them vulnerable to fraudsters.

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PYMNTS

SEPTEMBER 3, 2019

Those innovations did more than just leverage digital and connected devices to make it easier for consumers and businesses to interact and to effectively blend the online and offline worlds. What’s less visible is the restaurant brand and the loyalty that comes with a more traditional online or mobile ordering experience.

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PYMNTS

SEPTEMBER 28, 2020

“ Digital transformation ” has been the buzz phrase for small- to medium-sized businesses ( SMBs ) of all types over the past half-year as they rushed to reorganize their operations end to end amid the pandemic.

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PYMNTS

JUNE 23, 2020

The COVID-19 pandemic has been a “great accelerator” in driving Kohl’s to embrace eCommerce and make other changes in its operations faster than planned, the retail giant’s Chief Executive Michelle Gass said on Monday (June 22). ” Sales for the quarter were off $1.7 billion, or 43.5 billion, or 43.5

Retail 179

Retail Online Report US 179

PYMNTS

JUNE 25, 2020

Global payments automation platform Tipalti says it has made mass, automated payments seamless for numerous popular online video game customers, according to a press release. Chief Operating Officer Arnold Hur said the partnership would boost the company’s accounts payable process. G is a gaming organization in the U.S.,

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