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Study: COVID-19 Fraud Reaches $100M

PYMNTS

A report by the California-based agency, whose mission is to prevent consumers from being defrauded online by learning the identity of individuals or organizations, revealed the number complaints about coronavirus scams has doubled in most states. SocialCatfish.com, the identity verification nonprofit, reported U.S.

Study 280
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Study Puts Values To Online Data, Privacy

PYMNTS

A study of how consumers in different nations value their personal data found that German users of Facebook would want the company to pay them roughly $8 a month for providing their contact data. The Technology Policy Institute (TPI) study is the first that aims to define the value of online privacy and information.

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NRF: Online Holiday Sales To Jump 30 Pct As Consumer Spending Rises

PYMNTS

The National Retail Federation (NRF) said it predicts retail sales across the U.S. A recent Adobe Analytics study quoted by PYMNTS finds that online sales made for the holidays could exceed $200 billion this year amid the COVID-19 era. will rise between 3.6 percent and 5.2 The total will now be between $755.3 billion and $766.7

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Banks can take cues from challengers on digital customer acquisition: Gartner

Bank Innovation

While large banks may not feel threatened by personal finance apps or digital-only challengers, they can learn from them on the digital onboarding front, a recent Gartner study observed. It examined 1,200 data […].

Regional 273
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How To Do Better Against National Bank Lending Competition

South State Correspondent

Unfortunately, banking is challenging to study, and some banks inadvertently ignore their significant competitors. Many existing community bank customers and prospects are also national bank customers. There are now many online, nationally-focused lenders that are capable of an entire virtual relationship.

National 195
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Consumers' Preference For Online Car Sales And Auto Loans Shakes Up Banks And Dealers

PYMNTS

Power research shows that the number of customers doing their credit applications online has kicked into high gear. Consumer Financing Satisfaction Study. Consumers and Banks Both Like Online Auto Loans. Online Sales Are Also Booming. But not surprisingly, online car sellers are thriving this year. Power 2020 U.S.

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PYMNTS Study Tracks COVID-19 Changing Life In America

PYMNTS

The first study in the series went into the field on March 6-7 and revealed that the public had moved with greater speed than government health officials by engaging in protective behavior that was more stringent than official guidance in the early weeks. Most consumers said a vaccine — not discounts — would get them traveling again.

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