PYMNTS

DECEMBER 31, 2020

For Main Street businesses, to say 2020 was challenging is an understatement. According to PYMNTS data, more than 60 percent of Main Street firms have at least three channels operating to drive sales: online, at physical stores and mobile. Aid has notably come in from all corners, particularly the card networks.

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PYMNTS

SEPTEMBER 7, 2020

The continued resumption may not be enough to stave off the top-line pressures and cash crunches that bedevil the Main Street SMBs that power a significant portion of the U.S. The state of Main Street right now? is roughly six months into a global pandemic (as declared in March by the World Health Organization).

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PYMNTS

OCTOBER 1, 2020

Goldman Sachs has beat out competitor Barclays to buy General Motors (GM)'s credit card business, according to a report from The Wall Street Journal (WSJ). billion, and it furthers Goldman Sachs' push into Main Street lending. Without a well-known brand or branches, Goldman has turned to partnerships like the Apple Card , which had $4.5

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PYMNTS

OCTOBER 7, 2020

Smaller companies were the focus of innovation in the commercial card space this week thanks to new cards designed for small and medium-sized businesses (SMBs). American Express, Amazon Rollout Card For UK SMBs. American Express rolled out co-branded cards with Amazon for British SMBs.

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PYMNTS

NOVEMBER 16, 2020

They have paid down their credit cards. The main one centers on the drop in credit card spend. 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.

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PYMNTS

MAY 7, 2020

All eyes may be trained on Wall Street now, and Main Street too as the latest tranche of business lending gets underway. Larger full-service restaurants opened community markets to sell raw ingredients, produce and food staples through online stores,” he said. Card-present volumes were down by 60 percent year over year.

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PYMNTS

DECEMBER 10, 2020

It has been suggested that millennials are averse to having and using credit cards. Millennials are in fact as likely as other generations to have credit cards, with nearly nine out of 10 having at least one card, according to PYMNTS’ latest research. consumers, that were conducted in March and September.

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Bank Innovation

SEPTEMBER 8, 2017

EXCLUSIVE – With its first credit card out today, New York fintech Petal aims to serve the “credit invisible,” according to its CEO and co-founder Jason Gross, by granting credit cards sans credit score. The consumer’s digital financial profile has three main […].

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PYMNTS

OCTOBER 23, 2020

Online grocers are increasingly allowing underprivileged consumers to use EBT payments (the modern equivalent of food stamps) at a time when the pandemic has made going to the store too risky for many shoppers. The move by the two companies is just the latest initiative in a growing trend of EBT acceptance for online grocery shoppers.

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PYMNTS

JANUARY 13, 2021

All eyes are on the small business community in the commercial card world as industry players increasingly explore how card products can help Main Street recovery and stay in business. Small Business Card Use On The Rise. Use of a charge card similarly grew year over year from 23 percent to 31 percent.

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Payments Dive

FEBRUARY 22, 2021

Although initially viewed mainly as an alternative to a credit or debit card for online or in-store purchases, e-wallets have now expanded out into many different areas ranging from loyalty programs to direct-carrier billing.

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PYMNTS

JULY 17, 2020

Mobile card apps went from nifty to necessary when the darkest imaginings of last March had people picturing COVID-19 on every surface, suspended in every breath. Consumers are interested in applying mobile card management tools in different ways, however,” the report states. Meet the 2021 Cardholder.

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PYMNTS

APRIL 9, 2020

But it also has to be easy, fast and friction-free — now more than ever as a mass of consumers are moving their shopping, dining, working and leisure time online in response to the coronavirus outbreak. It has to be secure first and foremost, particularly when payments data is on the line.

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PYMNTS

OCTOBER 2, 2019

It’s not exactly high time for legal online gambling yet – that comes in early 2020, with the Super Bowl and then the NCAA college basketball tournament – but the betting season is certainly heating up on more ways than one. And that new fuel comes as the legal online and mobile gambling industry in the U.S. has added to that pressure.

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PYMNTS

OCTOBER 2, 2020

In today’s top news, the European Central Bank outlines use cases for a digital euro, and Goldman Sachs will buy GM’s credit card business. for General Motor's Credit Card Business. Goldman Sachs will buy General Motors’ credit card business for approximately $2.5 Online Auto Sales Are Where the Rubber Meets the Road .

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PYMNTS

MAY 29, 2020

We have deep dives on Main Street’s digital shift, ATM innovation and PPP loans. NEW DATA: Inside Main Street SMBs’ Digital Shift. Companies that didn’t have online shopping channels couldn’t sell their products, while eateries that didn’t provide online ordering for delivery or pickup couldn’t serve their diners.

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PYMNTS

JUNE 1, 2020

Many Main Street SMBs, local restaurants and designer boutiques are doing it for the first time. Capturing and then enabling card-on-file payments when consumers buy the products or services they consume in the physical world. But given the absence of contactless card penetration in the U.S., Gas stations are encouraging it.

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PYMNTS

JUNE 5, 2019

Cards (as in prepaid, stored-value cards that consumers can use for gambling, payroll and a variety of other uses, many of them novel) are only half the battle. To get a sense of how the world of payments and cards has changed, Cregan told Webster a story about a conference he attended in Las Vegas in 2009. Take payroll cards.

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PYMNTS

JANUARY 29, 2019

Will Tom Brady turn in his jersey after the game for an AARP card and hit the celebrity golf circuit? For payments and commerce , there’s another uncertainty that hangs in the air: Will legal online sports betting keep going forward, despite a recent decision by the U.S. Which brands will blow it? More about that in just a bit, though.

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PYMNTS

SEPTEMBER 4, 2018

What does the future hold for the plastic payment card? Or will cards with cutting-edge technology win more loyalty from shoppers? The main message he offered? The payment card has “a long life ahead of it,” he told Karen Webster. Indeed, new payment regulations seem to be pushing payment cards toward the future.

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Cards Payments United States Maine 110

PYMNTS

JULY 15, 2019

As Armstrong told PYMNTS, the spec will gradually replace the “complex registration journey” that many online shoppers have to undergo before making purchases, a journey that includes passwords and other data entered into multiple fields. Visa, in fact, has said the average online transaction involves 23 information fields. “In

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PYMNTS

FEBRUARY 11, 2019

Consumers won’t be walking up to a cashier after standing in a checkout line to swipe a card when they visit a store. In a world where, as the Census says, 90 percent of retail sales still happen in the physical store, cards rule. It also purchased online pharmacy PillPack , and owns Zappos and fashion eTailer Shopbop.

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PYMNTS

MAY 22, 2020

Moreover, all demographic groups are far more likely to use phone than email or chat to reach card service departments — and this method is associated with higher satisfaction and resolution rates. Our data suggests that card customer service departments must be equipped to address these fundamental concerns.

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PYMNTS

DECEMBER 21, 2020

As PYMNTS researchers recently wrote, “news of the availability and distribution of COVID-19 vaccines has Main Street SMBs feeling optimistic about their chances of survival, yet uncertainty remains around when things will return to business as usual. Findings support the idea that moods have perceptibly lightened on Main Street.

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PYMNTS

MAY 2, 2019

The main challenge of designing a holistic solution for the small business (SMB) community is that it’s a diverse segment, making it particularly hard to create one-size-fits-all solutions. The whole suite of new services will be online in July of this year. It’s a challenge, she noted, but not an insurmountable one.

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PYMNTS

JUNE 7, 2018

Spending on credit cards will continue to grow, but any issuer that decides to take a breath, instead of crafting creative rewards and going after young consumers, runs the risk of being left behind. However, no trend is independent of human action, and issuers will have to work hard to ensure the health of their credit card offerings.

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Cards Millennials Maine Data 134

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

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Payments Source

JULY 8, 2020

At a time when many have shifted to digital payments to weather the coronavirus pandemic, the four main U.S. credit card brands are aggressively expanding their own take on digital commerce.

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PYMNTS

FEBRUARY 3, 2017

Consumers might have felt a bit safer using their credit card with the introduction of EMV chip technology, but thieves looking to steal your information have managed to find a way to still gain access to PIN numbers, as well as your card’s chip in some cases. The majority of that theft was from credit cards.

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BankBazaar

NOVEMBER 21, 2019

Looking for a Credit Card that suits your needs? Are you planning to get a Credit Card ? Credit Cards come with a bunch of rewards and perks. While picking a Credit Card, the first thing to do is to check if the card that you are interested in fits your requirements. Travel Credit Card. Don’t worry!

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PYMNTS

DECEMBER 17, 2020

And in eCommerce, a majority of Main Street small and medium-sized businesses (SMBs) have added new digital functions amid the pandemic, while in corporate payments, B2B transactions are shaking free of hardcopy methods as firms have moved operations online. In auto sales, CarLotz, Inc. , All this, Today in Data.

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PYMNTS

JULY 20, 2017

Digital Shadows , the industry leader in digital risk management, revealed its findings on the changing habits and tactics of organized credit card fraud gangs, discovering a new trend in the form of remote learning “schools.”. In just two of the most popular ‘carding’ forums, 1.2

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Celent Banking

JANUARY 22, 2015

On the social aspect of banking, Banco Colpatria in Colombia offers credit cards to individuals using Lenddo’s social scoring. Galicia MOVE includes a savings account, a debit card and a credit card. What about banks? Banks are trying; not only by making interesting bets around digital but also social. Change or die.

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PYMNTS

OCTOBER 14, 2020

When the chips are down, consumers love and trust their debit cards. Debit cards remain the payment method of choice among U.S. consumers, regardless of whether they are shopping online or in stores, according to recent reports,” notes PYMNTS October Next-Gen Debit Tracker® done in collaboration with PULSE , A Discover Company. “One

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Cards Fraud Study Online 182

PYMNTS

AUGUST 24, 2020

When COVID-19 was declared a pandemic in March, Casely teamed up with Westerly, Rhode Island-based Ivory Ella , an online for-profit retail company that donates a percentage of profits to organizations, including Save the Elephants. But like the market, and like the country, we are changing as well,” Smith said.

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PYMNTS

OCTOBER 8, 2019

While her products are available in some grocery stores, Sims focuses primarily on selling online, which allows her to target the audience that is seeking her product. Sara’s Cosmic Cookie Dough’s main products are featured on the home page of the website. Customers can pay through Amazon Pay , PayPal, Google Pay or credit cards.

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PYMNTS

OCTOBER 21, 2020

For SMBs, what’s in the cards … are more card readers. Morgan is focused on enabling payments for the millions of small businesses that are the lifeblood of Main Streets across the U.S. – Chase has also said that its new SMB offering will enable firms to take card payments within minutes. and, by extension, the U.S.

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