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Digital-First Economy Redefines Retail And Consumer Behavior

PYMNTS

PYMNTS research on consumer shopping habits showed that 24 percent of all consumers say they have taken at least one of their routine shopping activities online and do not plan to revert to shopping in stores for this activity, even after the pandemic is over. More consumers are going online to shop and pay as the pandemic progresses.

Retail 295
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Call It Alt-Credit Or POS Lending, ‘Buy Now, Pay Later’ Just Got Bigger

PYMNTS

That alternative method of paying for purchases “on credit” got a boost with news this week that Visa Installments , a new point-of-sale (POS) credit solution, is being rolled out in pilot markets across the U.S. This follows a pilot rollout in Russia last month. stores for Google Pay and Apple Pay users. Afterpay Co-Founder and U.S.

Lending 130
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The 2019 GonzoBanker Awards

Gonzobanker

The company’s market capitalization, which after declining to less than $600 million in the 2009 recession, has now grown to almost $3 billion. Yet the Gonzo team has to give a shout out to the late entry of Texas Capital and Independent Bank. Expect more of these slam-dunk in-market mergers that reduce locations 10%+.

Idaho 148
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FinDEVr APIntelligence

Fintech Labs Insights

Entrust Datacard’s Kurt Ishaug named 2015 CFO of the Year by Minneapolis-St. Personal Capital lowers investment minimum from $100,000 to $25,000. Alumni updates: PRUDENA launches online marketplace for stock market research. Paul Business Journal. The TRADE names Markit to its Hall of Fame.

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Whole Paycheck Tracker: Target, Walmart Comparison Uncovers Different Digital-First Strategies

PYMNTS

So far, it looks like Walmart could steal a few pages from its Minneapolis-based neighbor. As online sales surge during the pandemic, the retailer plans to test a new concept at four stores that will “operate as both physical shopping destinations and online fulfillment centers,” the company stated. paycheck.

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Fintech Fundings: 38 Companies Raised $300 Million First Week of June

Fintech Labs Insights

Online insurance. Kikka Capital. Micro-payments for online content. Tags: Institutions, marketing, customer service, retention, NICE Systems (investor), Finovate alum. Total dollars raised YTD is now $16 billion, nearly double the $8.4 billion raised during the same period a year ago. ——-. Latest round: $134.5 SeedInvest.

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FinDEVr Silicon Valley: Looking Back, Moving Forward

Fintech Labs Insights

Named 2015 CFO of the Year (Kurt Ishaug) by Minneapolis-St. Forged strategic partnership with United Capital. Personal Capital ( FD15 ). Teamed up with WooCommerce to help online merchants manage sales taxes. Unveiled personalized app recommendations for QuickBooks Online. Raked in $3 milion in new funding.