Remove 2010 Remove Millennials Remove Online Remove Technology
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Data Shows 42 Pct Of Small Cap US Businesses Failing To Turn Profit

PYMNTS

The number is the highest since 2010’s 44 percent, the index says. Technology groups have powered the buoyancy of those firms, the Financial Times reported. The number of small U.S. companies not turning a profit has reached an unfortunate historic high due to the coronavirus pandemic, the Financial Times reports.

US 175
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Retailer Gap Partners With BNPL Platform Afterpay To Boost Holiday Shopping

PYMNTS

Collaborating with Afterpay gives our customers the power of choice when shopping across our family of brands,” John Strain , chief digital and technology officer at Gap, said in a statement on Wednesday (Nov. Participating Gap brands include Old Navy, Gap, Banana Republic, and Athleta. . “By We are proud to partner with Gap Inc.

Retail 222
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Farfetch IPO Shows Luxury Retailers Ready To Ware Online

PYMNTS

The online marketplace has disrupted any number of verticals, changing the way we shop and spend, and where we grab must-have items — from books to rugs to lamps, and sometimes from across international borders. As the company claims in the F-1: “Farfetch is the leading technology platform for the global luxury fashion industry.

Online 101
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A Debit-Enabled Fix To In-Store Checkout Abandonment

PYMNTS

Bad actors can attack debit cards in many different ways, from deploying card skimmers in physical point-of-sale (POS) devices to stealing payment credentials as well as hacking online databases to make off with sensitive card information. Around The Next-Gen Debit World. Deep Dive: How Card Networks Must Compete For Merchants’ Debit Routing.

Cards 165
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A Decade On, Lending Transformed By Crisis And Innovation

PYMNTS

At the peak of the crisis, the delinquency rate was 10 percent in 2010, as underwater mortgages and foreclosures hit the headlines. Now, tighter standards in the wake of Dodd-Frank’s 2010 passage helped get that down to about 4.3 Mortgages and Credit Cards and Student Debt…. Mortgages ? trillion at the peak of the financial crisis.

Lending 148
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AltFin’s Bumpy Ride Into An Uncertain 2019

PYMNTS

There were plenty of tailwinds that pushed the segment forward: A strong economy, healthy consumer interest in credit and advances in credit scoring technology were all instrumental in pushing more consumers into the market, particularly in the first half of the year. According to the Federal Reserve , U.S. That amounts to $13.2

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How is mobile banking impacting other channels?

NCR

The impact of mobile on self-service and online. The study found more than four out of ten consumers (41 percent) now use mobile banking, compared with just seven percent in 2010. The study found more than four out of ten consumers (41 percent) now use mobile banking, compared with just seven percent in 2010.

Mobile 45