PYMNTS

JULY 6, 2020

If your business touches retail in any way, it might pay to follow a few important breadcrumbs. Worse yet, some analysts fear the triggering of break-lease clauses for retailers in malls if anchor stores leave. All of this will only make malls an even tougher sell to consumers, and to retailers that want consumers to buy their stuff.

Retail 259

Retail Meeting Branding Maine 259

PYMNTS

DECEMBER 11, 2020

Insofar as consumers are still shopping in stores, the latest study demonstrated increased levels of interest in using touchless payment options at brick-and-mortar shops. That includes things like contactless credit and debit cards, digital wallets, cards on file or other digital methods. According to the study, 35.3

Study 240

Study Online Cards National 240

PYMNTS

MARCH 2, 2020

Retailers often need additional coverage during peak holiday shopping periods, hospitals may need substitutes for nurses on paternity leave and construction companies might need to increase staff for sizable projects. The national unemployment rate fell to its lowest level since 1969 in April 2019 — 3.6 rose from 3.1 million by 2022.

Cards 130

Cards ATM United States Payments 130

PYMNTS

OCTOBER 28, 2016

According to the National Retail Federation ‘s annual consumer spending survey, shoppers may have a more conservative holiday spending budget as a result of the upcoming election. The study used data points for 50 major retailers collected on a weekly basis and have been refined since 2001.

Retail 100

Retail Study Survey National 100

PYMNTS

JANUARY 8, 2020

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. Nations around the world are continuing to implement digital ID systems. EMV Cards Face Crucial Verification Security Gaps.

Fraud 169

Fraud Cards Security National 169

PYMNTS

MARCH 4, 2019

Amazon, of course, stands out as a marquee name in the move to make the retail experience wholly digital commerce. 1281), seeking to combat a trend — namely that more businesses are embracing card-only payment methods spanning debit and credit — the ban would also result in fines of hundreds of dollars per violation.

Retail 129

Retail New York City New York New Jersey 129

PYMNTS

JUNE 29, 2020

Launched in the Ukraine a decade ago, the internet-based cybercriminal enterprise stole identities, compromised debit and credit cards and personal, financial and banking information and spread computer malware, the Justice Department’s Criminal Division said in a statement. In April, a joint study by the U.S. and the United Kingdom.

Nevada 201

Nevada Cyber Security Study Security 201

PYMNTS

NOVEMBER 2, 2020

In years to come, it’ll be hard to find anything as studied and surveyed as COVID-19’s effects on commerce. Payments and banking products were pushed to the head of the digital-first line thanks to the pandemic, leading to the acceleration of contactless and card-not-present commerce.

Study 205

Study Cards Payments Innovation 205

PYMNTS

DECEMBER 21, 2020

and five other nations identified 100 million potentially fraudulent transactions between March 11 and April 28, for example. One May report noted a 54 percent month-over-month increase in loyalty- and gift card-related promotion abuse, for example. One recent report that surveyed consumers from the U.K.,

Fraud 210

Fraud Cards Retail Resources 210

Chris Skinner

JULY 5, 2017

One of the first to be contactless and, more recently, one of the first to offer social retail banking. If nothing else, I love Turkey for their cheesy adverts: In this latest update BKM, the ACH for most of the retail banks, provides the story of Troy, the first and only national payments scheme of Turkey.

National 300

National Cards Innovation Payments 300

PYMNTS

APRIL 9, 2020

consumers who had shopped in a physical retail location during the previous week. 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. percent in 2019.”.

Mobile 140

Mobile Apple Cards Millennials 140

PYMNTS

DECEMBER 21, 2020

And you can see it in the hustle by retailers and brands large and small to pivot their businesses and business models — and the disclaimers on just about every retail site starting a week or more ago that orders placed online might not make it in time for Christmas. One hundred and ten (110) million U.S. consumers — 47.2

Apple 227

Apple Study Innovation Survey 227

PYMNTS

NOVEMBER 27, 2019

Retailers are certainly in the swing of things. The retailer is also planning events based on popular culture, with Pokémon, Frozen and Star Wars on the roster. Aiming to attract more kids and parents to the store, the retailer is aiming to make the experience as enjoyable as possible.

Trends 130

Trends Millennials Retail Study 130

PYMNTS

JULY 22, 2019

Much of the excitement surrounding automated retail — aka cashierless retail — has been driven by Amazon Go, but the enthusiasm for “just-walk-out” technology has been tempered by the stores’ limited locations. The next wave of automated retail might be heralded by U.K.-based Unattended Retail Can Boost Sales.

Innovation 125

Innovation San Francisco Retail Study 125

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

PYMNTS

MAY 11, 2018

That’s one of the driving ideas behind a new service that Marriott International recently launched for Chinese travelers going overseas — a service that also helps to demonstrate how the country’s growing tourist class is changing payments and retail. Last year, the U.S.-based But mobile is only the beginning.

Retail 129

Retail Payments social media Mobile 129

PYMNTS

JUNE 6, 2017

Dads are getting some extra love this Father’s Day, according to a study by the National Retail Federation (NRF). billion last year and sets a new record since the study was first conducted 15 years ago. Total spending for the holiday is expected to hit $15.5 That’s up from $14.3 On average, shoppers will spend $134.75

Study 120

Study Survey National Retail 120

PYMNTS

APRIL 23, 2019

Last week, wireless carrier T-Mobile announced it would throw its hat into the mobile banking arena with the national rollout of T-Mobile MONEY. This study showed that checking accounts were the most wanted service (87.3 When asked about favorite brands and retailers, Amazon , Walmart , Target and Costco topped the list.

Millennials 145

Millennials Mobile Study Branding 145

Abrigo

DECEMBER 10, 2019

ABA study shows banks are reporting more cases of EFE. According to the National Council on Aging (NCOA) this heartless crime is most likely under-reported due to the victims’ fear, shame and embarrassment. What the ABA study determined is that financial institutions of all sizes continue to focus on elder fraud prevention.

Fraud 284

Fraud Study United States Training 284

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

MAY 8, 2018

The decision resulted from a CDC study which found that those who were prescribed one or more days of opioids faced a 6 percent chance of addiction one year later, and those with such prescriptions lasting eight days or longer had nearly double the odds of addiction at 13.5

Tennessee 101

Tennessee Policies Retail Fraud 101

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. percent of retail sales. Study data indicate that 73.1

Apple 133

Apple Payments Study Mobile 133

PYMNTS

JULY 25, 2017

In recent studies, as noted by EKN Research and Radial, developed nations are seeing an increase in card not present (CNP) fraud, which now accounts for as much as 70 percent of all card fraud and is growing at double-digit percentage rates in some nations. . the year before.

Fraud 120

Fraud Retail Cards National 120

PYMNTS

AUGUST 17, 2020

The Commerce Department released July’s retail sales last week, showing an increase in seasonally adjusted retail spending – up 1.2 Analysts reported that physical retail sales, seasonally adjusted, were up 2.7 And what we also see is only one part of the retail sales story. percent growth in June.

Retail 335

Retail Branding Online Report 335

PYMNTS

DECEMBER 1, 2020

A new PYMNTS study of a national sample of 2,000 U.S. DATA: Retailers Battle for Remaining 40 Pct Of Consumer Holiday Spend. With the Thanksgiving weekend giving way to Cyber Week, the lion’s share of the holiday spending is already behind for the retail industry.

Apple 141

Apple Payments Retail US 141

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

SEPTEMBER 29, 2020

According to a new study from the National Bureau of Economic Research (NBER) stimulus dollars did a lot to blunt the pandemic’s incredible impact on consumers. Some experts forecast that consumers will open up their wallets – particularly younger ones – and will spend at elevated levels during the season, albeit mostly online.

Study 238

Study Survey Data Examples 238

PYMNTS

NOVEMBER 16, 2020

PYMNTS fielded a national consumer study of 2,806 U.S. More than anything, though, this study sought to quantify how many U.S. In this, PYMNTS’ 14 th study of a national sample of now roughly 40,000 consumers since March on their sentiment about COVID and the digital behavioral shifts it has caused, we learned a lot.

Study 270

Study Retail Millennials Conference 270

PYMNTS

DECEMBER 24, 2019

All that’s left now, more or less, is the rush of returns that will all but overwhelm some retailers. However, after almost 50 years, it began to fade in the 1980s, disrupted by the emergence of store-branded credit cards. So, what kinds of products will people be getting this year? Top Sellers. That’s not all.

Millennials 139

Millennials Branding Trends Retail 139

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. In the US , for example, the number of people who used any credit card over a three-month period increased from 171.9 It’s something we have seen in many markets around the world.

Cards 73

Cards ATM Payments Trends 73

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

NOVEMBER 24, 2020

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. As noted in this space this week, the National Retail Federation (NRF) has estimated that retail sales across the U.S. The way we pay is shifting, of course.

Payments 136

Payments Course Examples Analytics 136

PYMNTS

JUNE 19, 2018

Debit Cards. Sixty-one percent of surveyed consumers in Q4 of 2017 said the most important reason they prefer their merchant was debit cards. RBR , a strategic research and consulting firm, recently published its “Global Payment Cards Data and Forecasts to 2022” report. Gift Cards.

Survey 115

Survey Cards Study Innovation 115

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

MARCH 30, 2020

More than half of the retail businesses we studied operate shops that sell clothing, accessories, household furnishings and gifts; provide personal services such as hair and nail salons; and operate fitness studios, neighborhood convenience stores, grocers, car dealers and auto parts stores. In just 21 days. .

Maine 232

Maine Data Capital Study 232

CFPB Monitor

DECEMBER 11, 2014

Mishkin In conjunction with its field hearing today on medical debt collection, the CFPB released a study that “describes characteristics of the medical and non-medical collections tradelines on consumers’ credit reports and the processes by which they appear and disappear.” ” Key findings include: 67.5

Study 95

Study Industry Report Data 95

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