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Today In Data: Holiday Weekend Sales And SMB Lending

PYMNTS

3 billion | Amount that Amazon Lending has lent to SMBs since the program’s launch in 2011, with borrowers primarily from the U.S., 4,500 | Prize to be awarded to one ModCloth social media contest winner for his or her contributions to humanity. 60 percent | Portion of Singapore’s national spend done through payment cards.

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Trust And Speed Light A New Path To Omnichannel Retail

PYMNTS

For retailers, nothing really ever comes easy — and things aren’t getting any easier, at least when it involves gaining and retaining customers. Indeed, as the recently completed National Retail Federation (NRF) retail show in New York City demonstrated, commerce keeps moving to what Webster called in the webinar a “customer-centric approach.”

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Bitcoin Daily: BoE Economist Cites Benefits Of Digital Assets; Online Gamblers Choose Crypto To Cash Out; One Charged In $2M Crypto Theft

PYMNTS

While recognizing that digital currencies do pose risks, including the possibility of imposing “a macro-economic cost,” Haldane argued that a digital currency could mitigate technological constraints on lending, provide additional payments security, and increase stability. “I Freeman allegedly worked with five co-conspirators.

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Another Payment Megadeal, Amazon Suppliers And PayPal SMB Lending Top The Week’s News

PYMNTS

As has been reported, Global Payments is the third largest merchant acquirer in the United States, while TSYS is the third largest card processor in the country. PayPal Hits $10B SMB Lending Milestone. Citi Said ‘Thanks, But No Thanks’ To The Apple Card. Visa CEO Throws Shade On Real-Time Payments.

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Fintech Deals to Watch: Back to School

Gonzobanker

Then, bad grades came in right as summer party season kicked off, mom and dad took away the car and credit card, and the Venmo transfers came to a screeching halt. Thankfully, there was still a smartphone and social media to commiserate. Lending Tech With Almost Steady Grades (Even With Rough Semesters).

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Deep Dive: Digital-First Banks Harness The Power Of Data Analytics

PYMNTS

Banks can even harness external regulatory, trading and social media engagement data, all of which can be processed and analyzed to benefit their operations. Financial data is useful in helping banks develop wide-reaching marketing campaigns, but social data is critical to developing offers for specific customers.

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Secondhand News: Economy, Pandemic Create New Role For Pawnshops

PYMNTS

And just like other retailers, pawnshops also typically do 30 percent to 40 percent of their business in the finals two months of the year. “We Lending vs. Selling. “A lot of customers like to go to these pawn shops to buy secondhand materials so it's more like thrift shops nowadays versus just pawning,” he added.