As business and consumers start to raise their heads from months of prolonged lockdowns due to the coronavirus crisis, the US payments industry is finally seeing growth in the use of contactless and automated payments. Traditionally, the US had lagged behind earlier adopters in SE ...
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Payments Trends
Payments Trends
By James Booth, VP, Head of Partnerships EMEA at PPRO COVID-19 has shaken the global economy. Social distancing has drastically shifted consumer behavior and introduced a new set of challenges to stores and shoppers alike. For merchants, it has been difficult to manage a dip ...
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Recent research by payments provider PayActiv showed the growing impact of the pandemic on those essential workers still employed despite unemployment in the US reaching 14.7% in April. The mid-March research showed serious concerns among employees surveyed as the pandemic began taking hold in the ...
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Point-of-sale (POS) funding technology platform ChargeAfter and Japanese venture capital firm MUFG Innovation Partners (MUIP) announced plans for a strategic investment to provide global e-commerce and brick-and-mortar retailers with the technology and tools to approve more applications for POS financing from multiple lenders in real-time. ...
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Happy Friday and welcome to our weekly global payments news roundup. Lots of insight and business intelligence including what consumers are thinking, which retailers have had e-commerce success during the pandemic, new research reports, COVID-19 updates, fintech news, and much more news you can use. ...
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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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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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Credit unions in three Canadian provinces will be looking blue when it comes to modernizing their payments technology and platforms in a new eight-year, $100 million technology services partnership announced between 75 credit unions in Manitoba, Saskatchewan, and Alberta with IBM. The 75 credit unions ...
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