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Churn And Regional Preferences Challenge Subscription Commerce

PYMNTS

The subscription commerce sector is growing, with Asia-Pacific, Europe and North America-based subscription companies experiencing more than 300 percent growth in subscription sales from 2012 to 2019. but are not nearly as popular in China either, where less than 1 percent of online shoppers use international credit cards.

Regional 100
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Bank Branch Closings Take Toll On Rural Communities 

PYMNTS

lost bank branches between 2012 and 2017, with rural areas feeling the brunt of the closures, according to research from the Federal Reserve released on Monday (Nov. People in lower-income regions or with aging populations are also slower to gravitate toward online and mobile banking. Earlier this month, the U.S.

Community 209
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Latin America Tech Booms As Brazil Dominates And Regional Investors Grow

CB Insights

Investors from around the globe are flocking to Latin America — within the first half of 2018, deep-pocketed investors like Andreessen Horowitz, Sequoia Capital, and DST Global have backed startups in the region. in funding since 2012. Since 2012, investments into the region have nearly tripled. at the time.

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FreshBooks Buys Mexico-Based Digital Invoicing Firm Facturama

PYMNTS

Combining Facturama's regional expertise with FreshBooks’ online payments and scaling expertise will accelerate our ability to better serve Mexico’s growing small business and startup market.". Ramirez López and Arochi started Facturama in 2012, and the company was selected as a 500 Startups portfolio firm in 2013.

Regional 130
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Top News In Payments: Bank Closings Hit Rural Areas; Kaspersky Highlights Rise Of Fake Notifications

PYMNTS

In today’s top payments news, more than half of the 3,114 counties in the United States lost bank branches from 2012 to 2017. Over half of the 3,114 counties in the United States lost bank branches from 2012 to 2017, with rural areas feeling the brunt of the closures per Federal Reserve research. for $4 billion.

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60 Percent Of Americans Want The Branch, Not Mobile, To Open New Account

PYMNTS

customers feel that online-only banks are “less legitimate” than those with branches. From mid-2012 to mid-2017, Capital One Financial Corp. cut 22 percent and Regions Financial Corp. Sharp believes that more customers might open primary accounts online if banks could show that they can address problems remotely.

Mobile 109
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Stripe Teardown: How The $35B Payments Company Plans To Supercharge Online Retail

CB Insights

As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Specifically, the Collisons aimed to more seamlessly connect online businesses and payment processors, allowing more businesses to accept online payments.

Online 98