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Digital Banking, With Millennial, Mobile – And Governmental – Tailwinds

PYMNTS

As many as 72 percent of bridge millennials say mobile apps are important for accessing bank accounts. In a bit of granular detail, the authority will offer up two “full bank” licenses, which will allow non-banking companies to offer a gamut of services, including taking on deposits from retail customers.

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Today In Payments: Stripe To Offer Banking As A Service To Merchants; Affirm Expands Canadian Presence With PayBright Buy

PYMNTS

The acquisition will help Affirm expand its network of merchants in both Canada and the United States. The year-end acceleration of mergers and acquisitions worldwide will keep bankers busy until the close of 2020, with deals emerging in most regions and industries, Bloomberg reported. trillion, up more than one-third.

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Not Down For The Count, Cash Still Counts For Plenty

PYMNTS

In the latest webinar series, PYMNTS’ Karen Webster jumped into the findings of the Global Cash Index, gaining a sense of the story behind the numbers in the United States and the Americas in general. Keep a lid on the casket talk. Turning to the Americas — defined as the U.S., percent over that time frame.

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Razer Gaming Company Teams With Visa For Online Payments

PYMNTS

The region is also the home to more than 213 million millennials. Together, Visa and Razer FinTech have the opportunity to transform the payments experience for not only the gaming community, but many of Southeast Asia’s unbanked and underserved consumers as well,” said Chris Clark, Visa’s regional president for Asia Pacific.

Company 100
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Main Street?s Digital Shift, ATM Innovation, PPP Loans Top This Week?s News

PYMNTS

The lockdown of the United States economy quickly and radically changed the way consumers browsed, shopped and paid for services as well as goods — and not all small and medium-sized businesses (SMBs) were prepared. Retailing 2020: Five Things To Watch. Millennials Are Facing Their Second ‘Once-in-a-Lifetime’ Financial Crash .

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In Search Of Consumer Spending’s New Normal

PYMNTS

If pre-season estimates were correct, this holiday season was worth $1 trillion in the United States alone. And, Garg noted, as millennials and Gen Z consumers are aging into their prime spending years, he believes it will push them to an ever-greater global scale going forward. consumers from their Great Britain launch in 2019.

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Payment Apps Breathe New ? Or Retro ? Life Into Convenience Stores

PYMNTS

Charles Jarrett, vice president and CIO of Cumberland Farms (a convenience store chain with some 600 locations in eight states), recently discussed the future of that type of retail with Karen Webster, and gave an update on how the company’s redesigned SmartPay mobile app is helping lead that transformation for the regional chain.

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