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COVID Spawns Local SMB Loans, Mask Shortages And More Suburban Starbucks

PYMNTS

With federal COVID-19 stimulus programs dried up for the moment and talks to renew them stalled, local communities are looking to fill the void by providing loans to SMBs that have been slammed by the coronavirus. According to PYMNTS’ recent How We Shop survey, 59 percent of U.S. Consumers Are Worried .

Michigan 249
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Domino’s Rolls Out New Stores; Reports Double-Digit Q2 Sales Increase

PYMNTS

The pizza chain’s earnings and revenue also came in well above the expectations of analysts surveyed by FactSet, who had predicted earnings per share of $2.24 The Ann Arbor, Michigan-based company’s strong growth amid the coronavirus crisis has been aided by its push into online and mobile ordering. and revenue of $915 million.

Report 142
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Fifth Third Taps Accion To Reach More SME Borrowers

PYMNTS

Reports late last week said the bank will work with SME lending portal Accion, a nonprofit company, to facilitate the financing of these companies across five states: Florida, Indiana, Illinois, Michigan and Ohio. They are essential to economic growth and development.

Indiana 109
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Half Of Facebook Users Report Privacy Concerns Over Sharing Content

PYMNTS

A recent Thomson Reuters survey found that more than a quarter of survey participants are actually using Facebook more, eMarketer reported. When asked why they were sharing less content on Facebook, 47 percent of surveyed Facebook users said privacy concerns were holding them back.

Report 102
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3 Ways Credit Union Are Driving Growth

Abrigo

Federal Reserve System Survey conducted in 2015, 51 percent of mobile banking users had deposited a check using a banking app in the previous 12 months, a 38 percent increase from 2013. Joseph, a Michigan-based credit union, acquired Indiana-based Griffith Savings Bank. According to a U.S.

Michigan 150
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Walmart Amazon Whole Paycheck Tracker: Adjusting To The New Normal

PYMNTS

A little over a month ago Amazon rocked its seller community with the announcement that it would be limiting shipments unrelated to wellness, cleaning and non-perishable home essentials in order to make way for the essential consumer goods customers were seeking. A new survey has found that Walmart Inc.

Michigan 197
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COVID-19: Real Trends and Stories From the Front Line

Gonzobanker

Last week we asked 14 clients to complete a quick survey to let us know what they are seeing. The survey was not intended to withstand the data or validity test of normal surveys. Two interesting comments provided in the survey: “After last year’s planning session, we really got going on driving online account opening.

Trends 141