McKinsey’s new research report, with insight on shifting consumer sentiment over a five-week timeframe of the global pandemic in 42 countries is an eye-opener. Researchers gauged consumer sentiment between the week of April 2 through the week of May 3 and what they found was ...
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By Giffard Hogge, Product Manager, Somo The UK and the United States share culture, history, and language. But it is only after moving from the UK to live in the US that I have become more acutely aware of the more subtle differences between our ...
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If you were one of the fortunate 150 million or so US citizens to receive a $1200 COVID-19 Relief Check in April, you probably spent it paying bills according to research from payments platform PayNearMe. The company tracked millions of payments made by consumers between ...
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Fraud prevention and payments leader Forter is closely monitoring the buying trends of consumers and the incidence of fraud during the pandemic and looking ahead to the future. Forter’s May 2020 report on e-commerce purchase trends provides both hope and strategic intelligence for online merchants ...
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Welcome to our Friday payments, fintech, and e-commerce news roundup with the business intelligence to keep you ahead of your competition. It was a busy week with much research on post-COVID-19 projections and possibilities and lots of new product announcements that caught our attention. PayPal ...
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The fast-changing habits and needs of consumers, partly shaped by the coronavirus pandemic, will require banking and financial service leaders to adjust their services and their way of thinking if they want to build resilient organizations that thrive in the near future. In an intriguing ...
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US Department of Commerce statistics showed a worst-ever record 9% decrease in April 2020 US retail sales as COVID-19 stay-at-home orders hit the retail sector hard. One small bright spot was a 20.5% increase in non-store channels, primarily online sales, the second-largest ever recorded. Online ...
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The list of layoffs and Chapter 11 bankruptcies has now grown to include hallmark retailers including Forever 21, Pier 1, J Crew, Neiman Marcus, Stage Stores, Laura Ashley and Debenhams in the UK, and JCPenney late last week. It’s not a pretty picture despite some ...
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Welcome to another weekly Friday fintech, payments, and e-commerce news and business intelligence roundup. I don’t know about you we’re ready to start barbecuing even if it requires us to keep a social distance from the hamburgers until they’re cooked. We’re getting ahead of ourselves, ...
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Just what does the “new normal” look like in a post-pandemic payments world? We reached out to Brady Harris, CEO of programmable payments company Dwolla for his insight into what’s ahead for business and the payments industry. The impact of coronavirus on business and consumers ...
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