Figure seeks bank charter, Mobile tools drive on-demand wage growth, Global Digital Shopping Index sheds new light on digital-first consumer

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November 9, 2020

Global Digital Shopping Index

New Data: More Than Forty Percent of U.S. Consumers Shop Through Digital Channels … And Stay There

Consumers' shift to online shopping channels has been more profound than many realize – including merchants. The Global Digital Shopping Index, reflects responses to what 2,170 U.S. consumers say is important when choosing which channel to shop and what 500 merchants believe they want. The disconnect is the difference between getting and keeping their business.

 

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Disbursements Tracker

Phlatbed CEO: How Mobile Tools Keep On-Demand Wages Moving

Workers in the moving economy without access to banking services struggle to get paid on time, says Alani Kuye, CEO of on-demand moving platform Phlatbed — and why on-demand access to pay via mobile tools should be the sector’s next big move.

 

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B2B Payment Digitization

WEX’s Dearborn Says B2B Payments Has Reached Tipping Point

Data shows that pandemic has driven business processes digital, something that Jay Dearborn, president, corporate payments of WEX Inc. told PYMNTS is the reason that the digitization of accounts payable and receivable can no longer be ignored.

 

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Retail Reinvention

Cooler Screens Brings New Look To Retail Innovation

Talk about a window into future spend. Cooler Screens brings a loaded name to its next-gen freezer doorsequipped with sensors and video imagery, with real-time updates on shelf space and inventory. Chief Technology Officer Rob Dravenstott says the technology is a valuable combination for brick-and-mortar retailers.

 

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Open Banking

An Open Road For Open Banking?

Open banking is entering its third year in Europe, and in the U.S., the journey is just beginning. PYMNTS takes stock of the drive toward data sharing, APIs and collaboration between financial institutions (FIs) and FinTechs, and what may be on the regulatory horizon.

 

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KLW Commentary

Retail 2022: Digital Delivered In A Physical World

A year from today, 18 months into the pandemic, retailers will put the finishing touches on their 2022 plans to tap into the pent-up demand of a consumer eager for the social experiences of the physical world. Karen Webster says that whether that pent-up demand is little more than a short-lived burst of physical activity will depend on how well they’ve integrated digital into their physical world experiences — and learned from the industry’s top performers.

 

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