Banking 2020

DECEMBER 17, 2014

As 2014 comes to an end, we’ve been reviewing the trends, articles and news that kept us talking this past year and started thinking about what will come in 2015. So, to find out what we may be able to expect from 2015, we looked to our readers and collaborators to see what they think next year has in store.

Digital Banking 111

Digital Banking Trends US Regulation 111

PYMNTS

MAY 9, 2016

Though the industry knew it was coming, the sharp migration of fraud from in-store to online channels with the growing adoption of EMV is still enough to keep any online merchant up at night. The data show that since the October 2015 EMV liability shift, United States fraud attacks have jumped by 11 percent.

Fraud 100

Fraud Online United States Cyber Security 100

PYMNTS

NOVEMBER 1, 2019

According to the Eastern Europe B2C E-Commerce and Online Payment Market 2019 report, online retail sales in Eastern European countries continue a trend of double-digit growth rates this year, a release said. Cards are the most common means of online payment in Turkey, Russia and a few other Eastern European countries.

Online 101

Online Retail Regional Trends 101

PYMNTS

JUNE 14, 2016

Oddly enough, that’s where Nordstrom finds itself in regards to its online sales growth. The Motley Fool has a breakdown of the roller coaster ride Nordstrom’s eCommerce sales have ridden since the early 2000s, when online generated just 5 percent of sales, to 2015, which brought in 20 percent. percent last quarter.

Online 100

Online Exercises California Retail 100

PYMNTS

JUNE 12, 2019

Online universities have become common as more students seek convenient, flexible ways to earn degrees. Western Governors University (WGU), a nonprofit online university based in Salt Lake City, was founded in 1997 by 19 governors of western U.S. The university began utilizing a webcam-based system in 2015.

Online 145

Online Fraud Analysis Study 145

PYMNTS

AUGUST 21, 2017

With an early string of alternative lenders having a tough go of it, startups looking to raise money are having to show how they will avoid the woes of the online lenders before them. At the same time that online lenders and startups have to prove their ability to thrive, investments overall in that area of the internet are slowing down.

Online 100

Online Lending Capital Compliance 100

PYMNTS

JANUARY 27, 2017

26) that online sales for retailers in France may rise as much as 11 percent in 2017 to $85.85 During 2016, French shoppers spent €72 billion making purchases online. That was offset by an increase in the frequency in which French consumers purchased things online. In fact, online sales in France increased 16 percent in 2015.

Online 100

Online Retail Mobile Report 100

PYMNTS

APRIL 19, 2016

Since the cutover to EMV in October, fraudsters have moved their business online. The Global Fraud Index, a PYMNTS and Forter collaboration , shows that online fraud attacks have jumped by 11 percent since the shift. That’s 11 percent more than were reported in 2015 Q3, and a 215 percent increase from 2015 Q1.

Fraud 100

Fraud Online Trends Regional 100

PYMNTS

AUGUST 7, 2019

Automotive sales are increasing going digital — and more consumers are buying more used products of all types online. Online Auto Sales. The deal is not the only recent news involving the online retail sales of automobiles. Amidst all this, the sale of other used goods online continues to gain popularity. Retail Waste.

Online 112

Online Retail Trends New York 112

PYMNTS

JUNE 20, 2017

As the popularity of online shopping continues to rise, it comes as no surprise that there has also been an uptick in card-not-present purchases. trillion in 2015, representing a 26 percent growth rate that year. A combination of online spending and contactless payments are helping to drive these U.K. In 2006, 6.7 In 2016, U.K.

Online 131

Online Cards Study Mobile 131

PYMNTS

JULY 12, 2018

New York’s Department of Financial Services is recommending that online lenders are subjected to the same scrutiny and regulations that traditional banks face. Cuomo on June 1, 2017, required DFS to study online lending in New York State and submit a report of its findings. A bill signed by Governor Andrew M. Superintendent Maria T.

Online 100

Online New York Lending Regulation 100

PYMNTS

SEPTEMBER 12, 2019

Online bank Aspiration, which has a socially conscious mission, recently announced it would give customers 3 to 5 percent back on purchases from socially conscious brands, according to a report by Bloomberg. Andrei Cherny, who co-founded the company in 2015, was a former speechwriter for Al Gore and Bill Clinton.

Online 135

Online Branding Millennials California 135

PYMNTS

OCTOBER 6, 2019

Founded in 2015, the company has farm clients across 40 states, with its most of its customers located in the Midwest. “I At Barn2Door, we aim to make it easy for farmers to sell their food online , improving the convenience for their customers. The startup, which creates eCommerce software for farmers, has now raised more than $4.5

Online 116

Online Software Capital Trends 116

PYMNTS

OCTOBER 20, 2017

More than 50 percent of Chicagoans will do the majority of their holiday shopping online this year, according to a survey from Accenture. Year-round online deals mean that Black Friday is becoming less significant to consumers. Holiday purchases are no longer restricted to the weekend after Thanksgiving, reported The Chicago Tribune.

Online 124

Online Chicago Survey Retail 124

PYMNTS

JULY 18, 2019

Online bank N26 is now Germany’s highest-valued startup with a 3.5 million customers in 25 European markets, with 16 million transactions per month since launching in January 2015. billion valuation following a $170 million extension of Series D funding. N26 now serves more than 3.5

Online 109

Online Innovation US Mobile 109

PYMNTS

NOVEMBER 13, 2019

Since an increasing amount of BFCM shopping is comprised of online orders, Clearbanc said it’s important for eCommerce brands “to front-load inventory sourcing for the holiday season.”. Founded in 2015 by Michele Romanow, Andrew D’Souza, Ivan Gritsiniak, Charlie Feng, and Tanay Delima, Clearbanc is headquartered in Toronto, Canada.

Online 105

Online Study Capital Survey 105

PYMNTS

SEPTEMBER 30, 2019

Online Resale. Online resale has become all the rage — even for retailers like Neiman Marcus — from a little bit of everything on OfferUp to fashion-focused Poshmark and high-end The RealReal and 1stdibs. Sales of counterfeit goods through online marketplaces are expected to hit $1.8 billion per year to fake online sales.

Online 101

Online Fraud Branding social media 101

PYMNTS

APRIL 10, 2017

According to a report in Reuters , the partnership is aimed at enabling customers to identify fraudsters applying for credit cards and lending products online. It will be particularly helpful in spotting an automated program or bot being used by a bad actor to apply for credit cards online with stolen identity.

Fraud 104

Fraud Online Cards Lending 104

PYMNTS

DECEMBER 16, 2019

Since its launch in 2015, Toss has become the only FinTech unicorn in Korea. With a digital bank license, we will be able to broaden our product offering … so that we can accelerate our mission to innovate the financial industry,” said SG Lee, CEO of Viva Republica.

Fintech 131

Fintech Online Digital Banking System 131

PYMNTS

NOVEMBER 21, 2016

Our final grocery topic this week: As 2016 draws near to its close, it has become increasingly clear that the traditional grocery industry lags behind considerably in online sales compared to other retail sectors. Overall, online retail in the U.S. Online grocery sales are expected to more than double in the U.S.

Online 100

Online Marketing Taxes San Francisco 100

PYMNTS

AUGUST 1, 2016

Online lending was all the rage even a few months ago, but funding going toward online lending platforms is on the decline. equity investments going toward online lending companies fell 44 percent in the first half of 2016 to $2.1 According to PitchBook, online lending startup companies were able to raise $12.6

Lending 100

Lending Online Maine Fraud 100

PYMNTS

JUNE 16, 2017

For the Chinese buyer in particular, social media engagement and online shopping activities takes on a unique avenue. s study , Digital Lifestyles in China , zeroed in on online Chinese consumer behavior as it relates to social networks, shopping preferences and video content consumption. In 2015 alone, McKinsey & Co.

Study 119

Study Online social media Retail 119

PYMNTS

JANUARY 17, 2017

Secondhand apparel is getting another go-around, more than ever before, especially online. 2015, items marked “new with tags” bumped up nearly a quarter, and this January, that number is slated to pop up even more. There is apparently big business in online consignment shops. million-item inventory. million just this week.

Online 100

Online National Retail Marketing 100

PYMNTS

JANUARY 18, 2017

One might imagine that mall operators nationwide take a rather jaundiced view of the internet, since online shopping has more or less killed the mall. But perhaps that is the old conventional wisdom — the emerging idea is that online retailers are giving back some of what they’ve taken away these days. “We

Online 100

Online Retail Metro Virginia 100

PYMNTS

MARCH 15, 2016

That’s the situation Stein Mart finds itself in, according to a statement outlining its fiscal results for 2015. If the new-fangled website isn’t ready when said iron is, though, it’s better to be late than never.

Online 100

Online Retail 100

PYMNTS

AUGUST 4, 2016

How cumbersome and annoying do you find the return process for items that you ordered online? 2015 and are now in the process of trying to make the company’s “return bars” as ubiquitous in shopping malls as food courts and bathrooms. The growth of online commerce continues at a rapid pace. shopping malls. Until now.”.

Online 100

Online Retail Policies California 100

CFPB Monitor

JUNE 7, 2016

The Federal Trade Commission has provided its annual report to the CFPB covering the FTC’s enforcement activities in 2015 related to compliance with Regulation Z (Truth in Lending), Regulation M (Consumer Leasing), and Regulation E (Electronic Fund Transfers). Reg Z/TILA.

Report 60

Report Regulation Compliance Lending 60

PYMNTS

NOVEMBER 13, 2019

Since an increasing amount of BFCM shopping is comprised of online orders, Clearbanc said it’s important for eCommerce brands “to front-load inventory sourcing for the holiday season.”. Founded in 2015 by Michele Romanow, Andrew D’Souza, Ivan Gritsiniak, Charlie Feng, and Tanay Delima, Clearbanc is headquartered in Toronto, Canada.

Online 106

Online Study Capital Survey 106

PYMNTS

AUGUST 10, 2018

At first glance, 2018 is shaping up to be a year that has brought meaningful consumer, regulatory and legislative backlash against lax online privacy. social media users are “very confident” that those platforms would protect users’ data, according to Pew — with 64 percent calling for more regulation of online advertisers.

Online 101

Online social media Baltimore Data 101

PYMNTS

SEPTEMBER 2, 2016

The consumer packaged goods market is enjoying strong online sales , with the industry expected to surpass $10 billion in online sales for the first time in history. According to the research firm, online sales of consumer packaged goods increased 42 percent in the first half of 2016 compared to the same period a year ago.

Online 100

Online Branding Resources Study 100

PYMNTS

MARCH 29, 2016

According to Rurik Bradbury, VP, Identity Solutions at TransUnion, as more stores start accepting chip-enabled cards, the spike in online fraud has been remarkable – as in remarkably bad. . As more stores start enforcing the use of chip-enabled cards, he said, the spike in online fraud has been remarkable.

Fraud 100

Fraud Online Cards Security 100

PYMNTS

MAY 2, 2017

A business run by self-proclaimed nuns is making a living by selling “healing” pot online. Now they have their own website, which netted $60,000 in sales in 2015, their first year. Currently the online store earns about that much monthly, yet the company is not profitable.

Online 129

Online Policies US Security 129

PYMNTS

OCTOBER 11, 2017

Walmart is placing a bigger emphasis on online sales, with the company’s executives saying they are cutting more costs to free cash for new eCommerce initiatives and store improvements. In fact, Walmart is targeting online sales in hopes of seeing an approximately 40 percent increase next year in the U.S.

Online 100

Online Meeting Retail Strategy 100

PYMNTS

FEBRUARY 2, 2017

It’s well known that Amazon has dominated the eCommerce market for years, but a new report shows just how much: Slice Intelligence found that Amazon accounted for 43 percent of all online sales in 2016. percent in 2012.

Online 100

Online Retail Report Examples 100

PYMNTS

MAY 1, 2019

Google appears to be losing steam in the ongoing race to dominate the online advertising market, and competitors Amazon and Facebook are taking advantage of the stumbles. Another issue is attached to this recent news: Searches – specifically, product searches, which help drive online commerce. YouTube Concerns.

Google 115

Google Online Course social media 115

CFPB Monitor

FEBRUARY 11, 2016

However, like last year’s letter on the FTC’s 2014 ECOA activities, the letter on 2015 activities does not include any specific 2015 FTC ECOA enforcement activity and only contains information about some of the FTC’s research and policy development efforts and educational initiatives.

Report 60

Report Policies Lending Compliance 60

PYMNTS

MARCH 31, 2016

This week, PYMNTS, in collaboration with Socure , released the March edition of the PYMNTS.com Digital Identity Tracker TM , featuring all new research surrounding the increase in online fraud fueled by the increase in EMV card chip tech adoption. There is a 15% year-over-year increase of money spent online.

Fraud 100

Fraud Online Resources Survey 100