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Easing SMBs’ Digital Transformations Through Online Payment Acceptance

PYMNTS

Among the numerous ways small businesses have been affected by the global pandemic, the sudden race to launch online operations has been among the most profound — and may ultimately be among the most long-lasting changes to the SMB community. “It does seem absolutely logical, up until the point that you start calculating costs.”

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Bridging The 40 Percent Gap In Online Banking

PYMNTS

In online banking, 40 percent abandonment is … intolerable. As many as four in 10 consumers have at some point in their journey into online banking found the process frustrating enough to give up, as estimated by Signicat. In life, 40 percent of anything is a lot. And the frustration level has grown.

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Why SMBs Need To Focus On Product Innovation And Adopt A Digital Business Model

PYMNTS

When consumers fled to online shopping options in Q2, many businesses weren’t set up for digital-first commerce, but quickly figured it out. If you are an offline business that isn’t figuring out how to develop an online offering, you will likely be left behind by competitors.”. This, too, is likely here to stay.

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Are There Digital Strategy Lessons Financial Institutions Can Learn From Other Industries?

Perficient

The answer is yes, of course there are. Well one of the biggest challenges right now is humanizing the digital experience. Of course, Covid-19 has exposed digital weaknesses and accelerated digital transformation for all industries. The former being one that is less talking about outside company walls.

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Mastercard: The Touchless And Caring Economies Are Boosting P2P Adoption

PYMNTS

Hernandez said that prevents people from meeting face to face, interacting — and of course, paying each other in old-fashioned ways, such as cash or check. “I Everything is moving to digital, including the way we interact with each other — and also the way we pay each other,” Hernandez said.

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Payments 2016: The Year Of Online And In-Store Convergence Via Mobile

PYMNTS

Payments 2016: The Year Of Online And In-Store Convergence Via Mobile. Omnichannel efforts are a natural extension, and, when coupled with the aforementioned value adds, you begin to see the evolution of shopping, dependent on great digital experiences for shoppers. Starbucks is, of course, a great example, but there are others.

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Increasing Digital Banking Options Put Pressure On Big Lenders To Adapt

PYMNTS

Dimon’s comments come at a time of aggressive growth and gains by numerous digitally native startups that have modernized and streamlined online banking and payments for the masses. Of course, the pandemic has forced banks – like all businesses – to rethink their priorities and make adjustments to how they interface with customers.