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Retail's Digital Shift, SPACs, And DoorDash's IPO Plans Top This Week's News

PYMNTS

DoorDash , the San Francisco-based prepared food delivery service, is planning to go public by year’s end, after filing confidentially in February. Like other delivery companies, DoorDash has become an essential business during COVID-19. Even cloud-native banks can struggle to roll out solutions with the speed that customers need.

Retail 208
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10 Banking Channel Metrics That Have Dramatically Changed in 10 Years

Gonzobanker

It shouldn’t be hard to convince you that the banking industry has changed dramatically over the past 10 years. With the publication of the 2017 Cornerstone Performance Report for Banks , we decided to look at how banks’ operational performance has changed over the past 10 years, as well. That’s simply inexcusable.

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Will Customers Still Use Branches if They See a Great Digital Alternative?

Gonzobanker

Ask four different industry experts how satisfied bank customers are with their delivery options and you’ll likely get four completely different answers. Power 2018 survey revelation was that 71% of millennials use a branch an average of 11 times a year. Recent examples: The J.D. Another J.D. I don’t buy it.

Study 88
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Letter from the Editor: 2018 Bankers as Buyers Report

William Mills

Every year we strive to build a report that identifies the trends and major drivers in banking innovation. Our mission is to separate the hype from reality and to help clarify what technologies and market forces will have a substantial impact on our banking system. Click here to download the report.

Report 40
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Deep Dive: How Instant Payments Are Changing Pension Disbursements

PYMNTS

The Q1 2018 edition of the Disbursement Satisfaction Index found that 81.9 A survey of 5,000 workers in 10 countries found that 68 percent consider pension or retirement benefits critical to whether they accept jobs. s auto-enroll program now supports 10 million employees, but that money can get lost when workers switch jobs or move.

Payments 108
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How Streaming Subscriptions Innovate With Payments And Content

PYMNTS

Eight in 10 Americans — or 80 percent — have never subscribed to a health and beauty product delivery service. At the same time, the organization found that about the same share — or 85 percent — of consumers have never subscribed to deliveries of household goods like laundry detergent and paper towels. million U.S. subscribers.

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Why Amazon Bet (Almost) A Billion On Certainty

PYMNTS

Ordering ahead and managing pickup (or delivery) gives the consumer a way to create both predictability and assurance – on their terms. PayPal created certainty by getting sellers paid while making sure buyers got their stuff, while keeping buyers’ bank accounts and payment credentials secure and private. Slowly, to start.

Online 162