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Cash use persists in US beyond pandemic

Payments Dive

Consumers remained committed to cash use last year, even as the share of card payments rose and online payments increased, according to an annual Federal Reserve study.

US 435
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Recovery Has Passed Us By – We Need Hospitals to Be Resilient

Perficient

We have the benefit of some experience and understanding what could have better served us in the face of this pandemic. We believe this new reality may be with us for the rest of 2020 and beyond. We believe transformation, not merely recovery , is the new goal.

US 522
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The Explosion of the US Food and Grocery Industry During COVID-19

Perficient

The US ecommerce food and grocery industry is growing at an accelerated rate as a result of the COVID-19 crisis. 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.

Industry 309
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Robinhood suffers online outage with US stocks rebounding

Bank Innovation

Robinhood Markets Inc.’s s brokerage website experienced technical issues Monday with some customers unable to make trades on a day when the market was rebounding from last week’s rout. A system-wide failure began as the U.S. markets opened and continued through midday. At 11:18 a.m.

Online 273
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Pet Spend Shifts Online With Pandemic

PYMNTS

“Our eCommerce capabilities have been a top priority and an area of growth for us since well before COVID, and the pandemic has only accelerated that focus and growth,” Petco Chief Digital and Innovation Officer Darren MacDonald tells PYMNTS. The exact scale of that shift is hard to quantify and MacDonald did not give specific numbers.

Online 238
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A new administration spotlights cross-border payments

Payments Dive

He founded and led AccountNow, the first online D2C prepaid debit card company in the U.S., Matt shares with us his hope for the future. Matt Montes is U.S. general manager at Paysend and has nearly 30 years of financial services experiences, most recently serving as president of Catalina Card Services.

Payments 508
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Mercari US CEO: Modernizing Marketplaces For The Casual Seller

PYMNTS

What they need is an online auction marketplace. Successful online selling, especially on a one-off basis, is tough. That involves simplifying and modernizing the online buyer-seller experience for the mass market, he said, and not just for top-selling reCommerce experts. Plenty of those around.

US 278