Online Shopping Trends: Mobile Payments Are Mighty

Payments Dive

The holiday online shopping trend jumped from over 13% in 2019, to nearly 20% in 2020, according to Mastercard. Jordan Reynolds leads the e-Commerce and Marketplace verticals at Ekata. He shares data and insight on how 2020 may have changed shopping forever

Trends 378

Black Friday sets online, mobile shopping records

Payments Dive

showed more consumers embracing mobile and general online shopping for the best deals. Black Friday shopping figures in the U.S. Meanwhile average order volume increased, showing more willingness to make big ticket purchases via smartphone

Online 357
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

How online commerce advanced while mobile lagged in the U.S.

Payments Source

Online payments Mobile payments

Online 139

Licking Your Online Applications

South State Correspondent

Here is the funny thing about the tongue-brain connection - your brain can project, with a very high degree of certainty, what it will feel like if you lick any given object such as your desk, your shirt, car hood, a stucco wall, computer keyboard - you name it.

Online 195

Going to Market Smarter in the New Economy

In 2022, as companies continue to move more functions online, employees will take a more virtual -- and flexible -- mindset and lifestyle in parallel to the digitization of businesses. To succeed, you must change the way you conceive and build new products as a digital business. Download the report today to discover more!

The Best Online Banks Right Now

Bank Innovation

Keeping your money in a bank is common sense at this point, but online banking is – unfortunately – not something many people have grown accustomed to, yet. There are many benefits to explore in this area, and it’s not a bad idea to check out what some online banking services can do for you […]. Innovations Mobile Online Open Fintech Operations Payments Retail Risk Security Social Media Sponsored Startups Brainwave Technologies Chime Bank CIT Bank TIAA

Online 219

NY’s Cuomo Embraces Online Gambling; Shows Inroads Amid Pandemic

PYMNTS

Soon, you might be able to bet on it…literally, online and through mobile means. (OK, According to reports, Cuomo is set to unveil the proposal to legalize online gambling (he also seeks to legalize marijuana) in his state of the state address that is scheduled for next week.

Online 222

How Subscriptions Bridge The Online/Offline Learning Divide

PYMNTS

How Outschool Is Taking A Flexible Approach To Meeting Demand For Online Education. Online classes are another key growth area for subscription, as manifested by the success of providers like Peloton , which has stood out for its robust online fitness offerings.

Online 201

How The B2B Mid-Market Drives Loyalty Through Online Payments

PYMNTS

Corporate buyers are quickly shifting their purchasing habits online, and seeking more efficient experiences from product sourcing through to checkout. A great example would be buy online, pick up in-store," noted Bachalli.

Online 227

New fraud controls increased false declines online

Payments Source

Fraud detection Online payments

JPMorgan Forecasts Record Online Holiday Shopping Season

PYMNTS

The bank also processed record-breaking online and mobile payment transactions on Cyber Monday, up nearly 25 percent over 2019. Because of the pandemic, shoppers shifted to online shopping for both discretionary goods and everyday spending.

Online 235

Digital Shifts In eCommerce And Online Banking

PYMNTS

30%: Share of Gen Z consumers opting for online-only bank accounts. Today In Data Commerce data Digital Banking digital shift ecommerce online banking payments Retail Today in Data

Online 171

Online Apparel Catches Fire

PYMNTS

After hitting a skid from the beginning to the middle of the COVID-19 crisis, online fashion sales have caught fire. That business did not transfer online, according to the PYMNTS data. percent said they were shopping online for these items more frequently.

Online 137

Pet Spend Shifts Online With Pandemic

PYMNTS

Our online growth is actually representative of a larger shift toward omnichannel shopping where more and more customers are shopping in multiple channels like in-store, online, with services and our vet clinics. Americans spent $95.6 billion in 2019 feeding and caring for their pets.

Online 202

Millennials SME Owners Prefer Online Alternative Lenders to Tradtional Ones

Bank Innovation

Online alternative lenders are gaining momentum with U.S. SMEs have used online alternative lenders (P2P lenders or marketplace lending platforms) […]. DataBank Lending Online Open Fintech Startups alternative lender millenial investing SME lendingsmall businesses, specifically and unsurprisingly with those run by millennials, according to a new report by Mercator Advisory Group.

Baidu, China Citic Online Bank Approved

Bank Innovation

China Citic Bank and search engine Baidu got the greenlight to go forward with their joint online banking venture. The bank will be exclusively online, according to reports, […]. Exclusive Lending Online Payments Retail Baidu China Citic Bank online bankingThe venture received regulatory approval from the Chinese authority Tuesday. The digital bank, which is called aiBank, will offer deposits and loans to individuals and small businesses.

Online 174

Online Gaming’s Winning Payouts Plan

PYMNTS

But George Connors , senior vice president of gaming and sports solutions at Fiserv , told PYMNTS in a recent conversation that other things have remained the same — like online gaming. market as regulatory restrictions were lifted from online gambling in recent years.

Online 190

How e-commerce raised the stakes for online fraud

Payments Source

David Heun, associate editor of PaymentsSource, talks to Sara Hafner, head of financial partnerships at Forter, about how the growth of online shopping has raised the stakes for fraud prevention. Fraud detection Online payments PayDirt

Online 136

How online gaming created a challenger bank

Chris Skinner

What was not surprising is that the lion’s … The post How online gaming created a challenger bank appeared first on Chris Skinner's blog. I was chairing a panel with a number of different players, one of which was Monzo. Simon Vans-Colina, Monzo’s lead engineer for Open APIs, was talking about their approach to partnering with others in an API ecosystem, including TransferWise and Investec Bank.

Online 253

Online Gambling And The Challenges Of Betting On Instant Disbursements

PYMNTS

The pandemic has shut down brick-and-mortar casinos in markets like the United States to help minimize risk, for example, leading consumers to turn to online casinos and sportsbooks. The Impact Of COVID-19 On The Online Gambling Industry.

Online 191

India’s Online B2B Marketplace Beldara Grows

PYMNTS

Mumbai, India-based online business-to-business (B2B) marketplace Beldara is planning a global expansion to link more international suppliers with overseas buyers, reports said on Thursday (Jan.

Online 158

Goodyear Offers Online Discounts To Convoy Carriers

PYMNTS

This is the first time that Goodyear has offered an online discount offering via its commercial eCommerce platform at GoodyearTruckTires.com , per an announcement.

Online 207

Stripe Capital Extends Business Lending To Online Platforms

PYMNTS

Payments giant Stripe is taking Stripe Capital , its push into online business finance and lending, to the next level. Stripe Capital first got off the ground in September 2019, offering customers and businesses financing options through its online platform.

Open Banking Meets Instant Payments At The Online Checkout

PYMNTS

Building on top of the open banking infrastructure, PayDirect is a new payment method that enables companies to take online payments in a highly secure way, and also pay out to customers through the same rails. I mean, how does a piece of plastic have anything to do with online?

Ingo’s Edwards Plays The Inside Straight On Online Gambling

PYMNTS

And that opened up an entirely new playing field for online gaming establishments now free to operate in any state that would allow them. But now gaming and sports betting is moving online and regulators are just now trying to figure out how to manage it.”.

Online 164

Online/Digital Account Opening: A Bridge and A Moat

Abrigo

Offering Digital Consumer and Commercial Accounts Benefits Financial Institutions Banks and credit unions that enable online/digital account opening win new customers and members and retain existing ones. . Why online/digital account opening is so popular.

Online 195

Report: UnitedHealth Buys Online Pharmacy Startup DivvyDose

PYMNTS

the world’s largest healthcare company by revenue, has purchased DivvyDose, the Illinois-based online pharmacy startup, for about $300 million, sources told CNBC. bought PillPack , the online pharmacy, for $1 billion, as the eCommerce giant expands into the healthcare sector.

Online 175

Adobe: Holiday Online Shopping Topped $188.2 Billion

PYMNTS

The 2020 holiday season was rife with online shopping, which hit a record $188.2 Contactless shopping was also prevalent, ADI said, as customers would buy goods online and pick them up in the store.

Online 161

Mastercard Says Odds Favor Instant Payments For Online Gamers And Gamblers

PYMNTS

We are now using Mastercard Send , our push payments platform, to support four sub-verticals of games of chance, where you buy tickets online, sports betting and bookmaking, games of skills and fantasy sports. Make no mistake.

Online 227

DBS, Xero Create Online Payment Solution for Singapore SMEs

Bank Innovation

Singapore-based bank DBS has partnered with technology provider Xero to build an online payment solution for small and medium-sized enterprises, the companies announced today. Exclusive Online Payments DBS Bank online payments Singapore fintech SMEs xeroThe DBS-Xero solution will allow SMEs on the platform to simplify their bill payments, focusing on eliminating problems such as cash-flow—an area of struggle for one out of every three SMEs […].

Online 199

Online Retail’s Next Phase: From Adapt To Accelerate

PYMNTS

Obviously, consumers are looking to buy everyday goods online as opposed to going inside a store, [and] we effectively have seen two to three years of eCommerce growth in a matter of three or four months.

Online 174

Panera Dials Up Online Grocery Business

PYMNTS

Panera Bread has entered the online grocery business. An analysis from RBC Capital Markets showed that Amazon’s online grocery arm could produce $70 billion in gross merchandise volume by 2023 – more than three times that of 2019 – becoming a material portion of its total revenue. “We

Online 138

Bolstering The B2B Buyer's Online Experience

PYMNTS

But there are more people working from home and not available in the office, and customers started to see that having B2B eCommerce and online ordering is much more meaningful now, compared to the traditional way they were doing it.".

Online 189

Crafting An (Online) B2B Market For Retailers

PYMNTS

To that end, in Europe, Czech firm Nulisec has debuted an online B2B marketplace focused on European retailers — geared toward improving sales and procurement processes. In an interview with PYMNTS, CEO Lukas Pham said online marketplaces address several pain points. “At

Online 173

Shutting The Front Door On Online Fraudsters

PYMNTS

But it also has to be easy, fast and friction-free — now more than ever as a mass of consumers are moving their shopping, dining, working and leisure time online in response to the coronavirus outbreak. Building a secure customer journey is always a bit of a balancing act.

Online 200