PYMNTS

NOVEMBER 30, 2020

Here are some the latest developments: Study: New COVID Restrictions Could Permanently Close A Third Of US Restaurants. The National Restaurant Association called October’s sales decline a “troubling sign for the industry.” Outback Steakhouse Debuts Curbside Gift Card Concierge. According to U.S.

Innovation 150

Innovation United States Cards Study 150

PYMNTS

JANUARY 8, 2020

The development of digital identity solutions shows no signs of slowing in the new decade, with the mobile biometrics market expected to add $28.45 Credit card payments are increasingly enabled via EMV chips rather than magnetic stripes, but these methods frequently suffer from a lack of diligent digital identity verification.

Fraud 169

Fraud Cards Security National 169

South State Correspondent

MARCH 30, 2023

Increasing Deposit Balances and Profit Consider this case study – customer acquisition costs for a company that provides security guards and patrol services are about $8,000. Since the time of acquisition, the cost of acquisition and the overall effort are about the same, so why not target state and national trade associations?

Industry 195

Industry Resources Community Case Study 195

PYMNTS

APRIL 9, 2020

By that time the nation had accepted the COVID-19 pandemic’s inevitability, triggering a wave of stock-up buying of household supplies as face masks were suddenly everywhere, and major coronavirus-induced lockdowns commenced. More vexing still is the market potential of mobile wallets when compared to actual performance. percent to 80.2

Mobile 140

Mobile Apple Cards Millennials 140

PYMNTS

FEBRUARY 13, 2020

This is about the fact that fake identities comprise 25 percent of new social media accounts created every day, and that 53 percent of all social media logins are fraudulent , according to a recent study. Within four years there will be 800 million smartphones in-market with facial recognition scanning capabilities. Add those to the 4.6

social media 150

social media Louisiana Colorado Samsung 150

PYMNTS

AUGUST 12, 2020

As detailed by NPR, though at least some verticals, such as grocery stores, accept card transactions (and thus see at some volume of contactless payments), a significant number of smaller businesses rely on cash to keep revenues coming in. percent of total value came from card payments, slightly outpacing the 48.3

Course 221

Course Cards Fintech Payments 221

Bank Innovation

SEPTEMBER 28, 2018

Power's annual National Banking Satisfaction Study, beating last year's winner PNC Bank by a few points, but the rest of the contenders stayed in the same place as last year. JPMorgan Chase took the number one spot in customer service in J.D.

UX 150

UX Report Study National 150

PYMNTS

JANUARY 29, 2020

Florida FinTech Fidelity National Information Services (FIS) is partnering with London FinTech Liberis , to offer small to medium-sized businesses (SMBs) an alternative funding source, FIS announced in a press release Wednesday (Jan. FIS merchants in the U.S. Liberis Group. The round was led by investment firm FTV Capital.

Lending 131

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PYMNTS

NOVEMBER 20, 2019

Mobile order-ahead has had an outsized impact on the entire restaurant industry, with a recent study finding that only 15 percent of restaurant meals are eaten on-premises, down from 40 percent several years ago. The study also discovered that 37 percent of consumers would abandon a QSR entirely if they were defrauded.

Fraud 111

Fraud Mobile Study Cards 111

PYMNTS

DECEMBER 21, 2020

You can see it in how investors are putting money to work in both consumer-facing and B2B startups, and how startups and incumbents are forging new partnerships to move innovation faster to market. Source: PYMNTS.com longitudinal study of over 40,000 consumers (data from the most recent panel on Nov. consumers — 47.2

Apple 227

Apple Study Innovation Survey 227

NCR

MAY 2, 2018

Steady growth in card payments has been one of the strongest trends in the global financial services industry in recent decades. It’s something we have seen in many markets around the world. In the US , for example, the number of people who used any credit card over a three-month period increased from 171.9

Cards 73

Cards ATM Payments Trends 73

PYMNTS

JUNE 13, 2019

It’s undeniably advantageous to the world economy, with a recent study finding that national digital ID systems could induce GDP growth of up to 13 percent. A study by LastPass found that 59 percent of consumers used the same passwords for multiple accounts, despite the fact that 91 percent acknowledged that as a risk factor.

Security 129

Security blockchain San Francisco United States 129

PYMNTS

JANUARY 29, 2019

The Union of Arab Banks (UAB) has said in a study that such a movement would change the way Arab banks provide financial services. . As pertains to Egypt banks, e-Cards (and, in tandem, electronic payments) have swelled to more than 30 million cards as of June 2018, as estimated by the country’s central bank.

Fintech 145

Fintech Cards System Groups 145

PYMNTS

JULY 15, 2019

The news comes as the nation has proposed a number of EV-supportive initiatives regarding England’s building regulations. In addition, all “newly installed rapid and higher powered chargepoints” need to offer debit or credit card payment options by spring 2020. works toward net zero emissions by 2050, a recent study by the U.K.’s

National 101

National Study Policies Meeting 101

PYMNTS

DECEMBER 3, 2019

But a study from the National Restaurant Association found that just 18 percent of restaurants offer mobile ordering via their own apps, while 43 percent of consumers want such methods. But despite their concern, according to one study , diners have also come to expect experiences that are quick and seamless.

Innovation 130

Innovation Mobile Fraud Cards 130

PYMNTS

FEBRUARY 27, 2018

In several markets around the world, biometric solutions are gaining ground among consumers, companies and government organizations. These solutions could shift the way national security agencies in several countries operate, or force employers to change how they authenticate and identify their employees. billion USD.

Security 110

Security Report National Millennials 110

PYMNTS

JUNE 7, 2019

Mobile point-of-sale (mPOS) solutions have enjoyed widespread uptake in much of North America, and the region’s related market could see continued growth if solutions providers, government officials and other stakeholders play their cards right. Card payments are also popular in Canada, with credit comprising nearly 22.9

America 128

America Mobile Cards Study 128

PYMNTS

OCTOBER 20, 2020

Apple had already more or less created the modern smartphone industry with the iPhone and remade the music industry with the iPod – so it didn’t seem too much of a stretch to believe that if Apple wanted to disrupt the plastic card, it could fall out of favor for in-store purchases. Study data indicate that 73.1 23 and Sept.

Apple 133

Apple Payments Study Mobile 133

PYMNTS

JUNE 19, 2018

In terms of other services, Grubhub has added 50 markets for food deliveries in 2018 — including 34 before the quarter ended on March 31 — and is on track to at least double that growth by the end of the year, according to Grubhub CEO Matt Maloney in May. That is a $32 billion market opportunity within four years. Debit Cards.

Survey 115

Survey Cards Study Innovation 115

PYMNTS

MARCH 1, 2018

When Los Angeles first began its efforts to market to international tourists in 2006, China wasn’t much of a consideration. With all of the nations that sent tourists to L.A., In 2017, the China National Tourism Administration reported that Chinese tourists made 131 million trips overseas that year, an increase of 7 percent from 2016.

Los Angeles 105

Los Angeles Payments Mobile National 105

PYMNTS

SEPTEMBER 18, 2018

The nation is forming a Direct FAST industry group, where the members will include traditional financial institutions (FIs), FinTech firms and the Monetary Authority of Singapore (MAS). The movement to open that FinTech access, said the minister, brings “greater convenience to consumers” as those individuals use their eWallets.

Fintech 166

Fintech New York US National 166

PYMNTS

DECEMBER 9, 2019

But the situation is righting itself as dynamic market forces reshape payments. Instant” is becoming the posted speed limit nationally and globally for transactions. It got so bad that New York City became the first municipality in the nation to pass a law making it easier for freelancers to sue for payment. Banking on Instant.

Millennials 130

Millennials New York City National New York 130

PYMNTS

JULY 22, 2019

The firm also predicts that within a decade physical stores are going to shrink and checkout lines will become extinct, mostly due to cashier-free payments, including shopping carts equipped with barcode scanners and credit card readers, mobile payment apps, robots capable of scanning items and more. New Developments. million to 4.5

Innovation 125

Innovation San Francisco Retail Study 125

PYMNTS

DECEMBER 1, 2020

DoorDash Valuation Could Hit $28 Billion, Says It Has Only 3 Pct of US Market. Costly professional services from accountants, lawyers, marketing firms or the like are often more than small businesses want to (or can afford to) pay. A new PYMNTS study of a national sample of 2,000 U.S.

Apple 141

Apple Payments Retail US 141

PYMNTS

AUGUST 29, 2017

Consumers in the Asia-Pacific market are quite aware of the range of digital payment options available to them, but they prefer to pay with cash, according to a new study from PayPal reported by CNBC. In Hong Kong, that number dropped to 44 percent and in Singapore was 43 percent, the study indicated.

Report 129

Report Study Regional Analysis 129

PYMNTS

APRIL 25, 2016

The market saw its first tech IPO, an SME cybersecurity company, and we have the details on how much it raised. Of course, we have the quarterly numbers, too, including insight into how American Express’ commercial card business is holding up. It’s all below in our weekly B2B Data Digest. . . companies, reports said.

Fraud 100

Fraud Cards Lending Analysis 100

PYMNTS

JANUARY 31, 2018

The case has become an unusual confluence meetup of varied interests tied to how American Express conducts its business and how consumers and merchants interact with credit card companies … and all manner of companies across all manner of two-sided market verticals. They have been sued by 11 states and the Department of Justice.

Cards 102

Cards Marketing National Retail 102

PYMNTS

AUGUST 15, 2019

It’s the market that should ignite but stubbornly refuses to. A pair of late 2016 studies indicated that Japanese consumers, despite being digitally enthused, vastly preferred to make their payments in cash , with 70 percent of consumers across demographic groups reflecting that preference.

Mobile 154

Mobile Payments National Marketing 154

PYMNTS

FEBRUARY 25, 2020

it’s nearly a total roadblock to such actions as securing a student loan, getting underwritten for a car loan, renting an apartment or getting any kind of credit card. In the case of students studying abroad, for example, they are generally more affluent than average, and have fairly full financial lives before they arrive on U.S.

System 233

System Cards Marketing Data 233

PYMNTS

NOVEMBER 24, 2020

Two words might explain Tuesday’s stock market action: "Relief rally." Earnings results from card companies show that debit remains a payment method of choice, and contactless payments are making inroads at both Visa and Mastercard. Because Wall Street, it’s famously been said, abhors a vacuum and hates uncertainty. percent and 5.2

Payments 136

Payments Course Examples Analytics 136

PYMNTS

DECEMBER 1, 2020

percent of all consumers prefer grocery shopping with large national chains like Walmart , which was found to be the most preferred merchant at 27.8 Consumers of every age and income bracket are turning to touchless payment methods like contactless cards and digital wallets when they make their weekly purchases. of consumers.

US 196

US Data Online Meeting 196

PYMNTS

MARCH 26, 2019

If the consumer has a credit card saved with Amazon or Google, the company can charge the card with permission, so the consumer doesn’t have to go through the extra step of entering payment information during the ordering process. The Voice AI Market.

Technology 121

Technology Maine Study Google 121

CFPB Monitor

MAY 12, 2021

The Durbin Amendment (Section 1075 of Dodd-Frank) authorized the Fed to issue regulations to ensure that the amount of any interchange fee received by a large debit card issuer (one with at least $10 billion of assets, together with its affiliates) is reasonable and proportional to the cost incurred by the issuer. New Lawsuit.

North Dakota 78

North Dakota Cards Regulation Fraud 78

PYMNTS

APRIL 30, 2020

The international eCommerce market grew to $412 billion by the end of 2019 — a 4 percent improvement over the previous year. Serving various markets means being ready to accept payments made with several instruments and methods, Mokros said. Cards can be critical to serving the U.K. Extending Across Europe. and Scandinavia.

Payments 131

Payments Cards Online Resources 131

PYMNTS

NOVEMBER 14, 2019

According to an FDIC study , 6.5 According to a study , 77 percent of U.S. Specifically, Amazon PayCode is rolling out in the United States to make it easier for shoppers who don’t want to pay with credit cards. Unbanked or underbanked consumers aren’t just an issue in the developing world. percent of U.S. million households.

Payments 124

Payments United States Online Google 124

PYMNTS

JUNE 17, 2017

A study by YouGov revealed news that 55 percent of Americans think they are smarter than the average American. If 55 percent of all Americans are smarter than average, that would mean (as National Journal writer Pete Moore noted) the average American would have to be smarter than the average American, which is not logically possible.

Apple 129

Apple Study How To Google 129

NCR

APRIL 22, 2016

While mortgages, student loans and car loans make up the majority of the consumer debt pie, credit cards are an increasingly larger piece. According to the 2015 American Household Credit Card Debt Study , U.S. households carry an average of $15,762 in credit card debt, up 10 percent from 2014. Limit your card collection.

Cards 40

Cards New York National Study 40