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Fed Banks’ Study Reports Rise In Card, ePayments

PYMNTS

In the fifth official study conducted by the Federal Reserve Banks of Atlanta, Boston, Richmond and San Francisco, the 2018 Diary of Consumer Payment Choice (DCPC) detailed the cash and non-cash payment behavior of U.S. payments per day,” the study stated. adult consumers who are 18 years old and older. Consumers in the U.S.

Study 101
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Odds Are That Online Sportsbook Wins Big Post-COVID

PYMNTS

Online sportsbooks have been beneficiaries of that dictum ever since COVID-19 eradicated most live sports, leaving millions of fans and a great many bettors potentially mired in boredom. DraftKings already has similar arrangements with three NBA franchises: the Boston Celtics, Indiana Pacers and Philadelphia 76ers. billion by 2025.

Online 168
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Gap Between In-Store, Online Shrinking

PYMNTS

As retailers improve their inventory and fulfillment options, the gap between in-store and online commerce appears to be shrinking, at least according to a new report. According to a study by Merkle, mobile ads accounted for 58 percent of ad clicks and 40 percent of all search ad spending in the second quarter of 2016.

Online 100
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Data: Luxury Goods Sales May Drop 35 Pct This Year

PYMNTS

While sales fell 25 percent in the first quarter, the slowdown is expected to accelerate in the second quarter and could lead to an estimated contraction by as much as 35 percent for the year, said the Boston-based investment firm. A PYMNTS study paints an even more grim picture, at least for brick-and-mortar stores.

Data 151
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Mobile Order-Ahead Sector Goes All-In On AI

PYMNTS

That’s a silly simplification of the very serious matter of what AI is doing for the restaurant sector, among others, as online ordering becomes a way of life and not just a lockdown relic. Businesses rapidly embraced digital solutions in 2020 as shopping (and eating) moved online while everyone hid out indoors.

Mobile 289
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Merchants Ready For Open Banking — And Its New Laws — To Impact US Rollout

PYMNTS

the Federal Reserve Bank of Boston said, “To date, U.S. doubled to more than two million during the six months preceding the study, for example. This figure includes new users of online banking platforms or money management FinTechs, services that are covered under U.K. One need only look to the U.K. for a foretaste. “A

US 171
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How technology improves valuation practice productivity

Abrigo

Have you purchased anything online recently? One study by The Boston Consulting Group estimated that small and midsize U.S. If you’re like most Americans , you have, and you likely were grateful for the time saved in traffic and at the store, or for the time or money saved in booking a trip. Reducing the IT burden.