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Giving Community Banks The Contactless Card Boost

PYMNTS

However, there may be an opportunity to get more contactless cards into the hands of consumers — an opportunity that involves community banks and is backed by financial incentives. million payment cards, Giorgio said. These entrepreneurs are not only comfortable with the newest payment technology, but are eager to innovate.

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Thanksgiving Weekend Shoppers Surpass NRF’s Forecast

PYMNTS

More than 165 million Americans shopped online or in stores during the period from Thanksgiving through Cyber Monday , surpassing the 164 million estimate the National Retail Federation (NRF) provided before the shopping event. Older millennials and Generation Xers spent the most, with their average purchase sizes coming in at $413.05.

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Managing Spend In A Sector Where Unplanned Expenses Are The Norm Issues

PYMNTS

Millennials have been at home in the global workforce for about a decade now, but Generation Z is starting to filter into offices, warehouses and work floors and bringing their fast payments expectations with them. Why Deft Spend Management Is Crucial To Successful Event Planning.

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Petal CEO: Using Cashflow — Not FICO — To Issue Credit Cards

PYMNTS

For the 47 percent of Americans with prime credit scores, getting and using a credit card isn’t much of a problem. The problem, Petal co-founder and CEO Jason Gross told Karen Webster, is that it leaves around half of all Americans with only a few options: a credit card with expensive strings or no credit at all. Who Petal Serves.

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PSCU CEO: Debit Still Wins With The Resilient Consumer

PYMNTS

In a year marked by unpredictable events, high unemployment, business closures and, of course, a global pandemic, the U.S. Fagan noted that payment networks such as Visa and Mastercard have been recording steep dips in credit card activity, where the shift has favored debit payments. A year like no other draws to a weary close.

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24 Industries & Technologies That Will Shape The Post-Virus World

CB Insights

From healthcare to education to entertainment to manufacturing, technology innovators are stepping forward to help answer that question. In some cases, the technological changes inspired by Covid-19 will come in the form of an acceleration of existing trends — for example, industrial automation and contactless payments. Virtual events.

Industry 101
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Afterpay On Surviving And Thriving After Its Early IPO

PYMNTS

large luminary technology firms tend to take their time getting to their initial public offerings (IPOs). The question potential investors kept asking in Afterpay’s roadshow days was why wouldn’t a customer just pull out their credit card and use that if they wanted to buy now, and pay later? In the U.S.,