By Jeff Domansky, May 18, 2021 At the Consumer Electronics Show 2021, Best Buy CEO Corie Barry summed up the future of retail succinctly: “There isn’t a world where people revert back to their 2019 behaviors, and part of that is just a comfort level,” ...
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Payments Trends
Payments Trends
Lots of breaking and positive news this week, and this quick roundup will keep you up to speed on the payments industry news you need to know. April US retail sales grow 23.3% as trends point to a recovering economyTotal US retail sales sprung into ...
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By Douglas Hall, Publisher, PaymentsNEXT A new report from The Strawhecker Group (TSG) and the Electronic Transactions Association (ETA) reflects the impact of the pandemic on payments and the plans for US small businesses to respond to the new consumer payment preferences evolving. Of the ...
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By Jeff Domansky, April 29, 2021 With the buy now pay later (BNPL) market exploding worldwide, competition for market share and consumer attention intensifies. As many as 39% of US consumers have tried BNPL, according to a February 2021 report by The Strawhecker Group, and ...
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By Jeff Domansky, April 28, 2021 It looks like new online shopping habits by consumers could ring up $4.2 trillion in e-commerce sales globally this year, an increase of 20% over 2020. Adobe’s Digital Economy Index report showed a surge in online purchasing in March ...
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By Jeff Domansky, April 23, 2021 We’ve got a Friday global payment news roundup to keep you at full speed as you follow the latest fintech news. Look for buy now pay later news, Amazon palm pay technology, fear of financial fees, the Daily Reopen ...
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By Jeff Domansky, April 19, 2021 April is National Financial Literacy Month in the US, and we can all forget about the fear of missing out (FOMO) on financial literacy. It looks like most consumers have a massive fear of financial literacy, according to research ...
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By Jeff Domansky, April 15, 2021 According to new research, when it comes to consumer spending priorities during Covid-19, mortgages mattered most, followed by car loans and credit cards. TransUnion researchers found the pandemic had a pronounced effect – in a short period – on how ...
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By Jeff Domansky, April 9, 2021 Grocery delivery app Instacart and restaurant delivery firm DoorDash are both planning to issue credit cards soon. Two questions come to mind for both businesses and consumers. First, do we need more branded credit cards? Second, what’s the ROI ...
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By Jeff Domansky, April 2, 2021 Ostrich cowboy boots. New. Paid by crypto. With apologies to Hemingway, who wrote the apocryphal six-word short story about baby shoes, it nicely describes PayPal’s full-fledged launch into cryptocurrency payments. Earlier this week, PayPal CEO Dan Schulman made the ...
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