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US Hiring Hit Rock Bottom In April As Coronavirus Downturn Deepened, JOLTS Report Shows

PYMNTS

Still, the JOLTS report documents the unprecedented speed at which the economy hit the skids in April as efforts to battle the coronavirus took precedence, as well as the steep climb ahead for the U.S. economy as it battles to come back, economists say.

Report 130
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What To Watch And Read This Weekend: Pandemic Edition

PYMNTS

What We’re Reading, Nonfiction: “The Fed and Lehman Brothers” In case anyone needed a reminder of what a financial crisis looks like, this book is a well-written, well-documented and entertaining read. The disease spreads as far as Boston but is more or less contained in the small town of Cedar Creek, Calif.,

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How The COVID-19 Pandemic Is Driving Remote Online Notarization?s Adoption

PYMNTS

Notarization has historically required in-person meetings and the collection and submission of a number of physical documents. Sending and receiving this documentation is not only frustrating for consumers, but also time consuming and vulnerable to errors.

Online 131
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AI and generative AI use cases in banking: 6 real-world examples

Abrigo

But Boston Consulting Group (BCG) says generative AI serves a fundamentally different purpose than predictive AI, which is the powerful tool with which many financial institutions are already familiar. The greatest absolute gains forecast (largely from increased productivity) are tied to corporate and retail banking.

Examples 221
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Football Season To Kick Off New Payments Plays

PYMNTS

As new PYMNTS research documents, over the past year, 18 Major League Baseball (MLB), National Basketball Association (NBA), National Football League (NFL) and Major League Soccer (MLS) arenas have deployed biometric solutions by CLEAR. For the 2019 NFL season – PYMNTS is based in Boston, so Go Pats! –

Payments 161
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The Revolution Continues

Independent Banker

According to technology research firm Celent in Boston, the mobile user base will increase from 33 million in 2014 to 47 million in 2015. One example of how these services will be different from the existing consumer apps: Many mobile workers need to capture a remittance document as well as the check payment in the field.

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Retail’s Small Business Crisis

PYMNTS

have a retail crisis — or a small business crisis? Which is why “fixing” retail must include giving SMB merchants the tools they need to compete in the very dynamic environment that now defines Retail U.S.A. So, what does this all have to do with retail? Here’s a question: Does the U.S. Here’s an answer. We have both.

Retail 134