Yellen okays digital dollar exploration, Walmart moves from supercenter to super app, Eight takeaways from digital first holiday 2020

CONNECT WITH US

TODAY'S NEWS | OPINION | INDEXESTRACKERSPYMNTS LIVE

February 23, 2021

Holiday 2020 Retrospective Report

Eight Takeaways From The Digital First Holiday Shopping Season

How’s this for a data point: 83 percent of consumers did some or all of their holiday gift buying online in 2020. In the Holiday Retrospective Report: Merchant Insights For 2021 And Beyond, PYMNTS surveyed 2,070 U.S. consumers about their holiday shopping behaviors and uncovered eight key takeaways from a unique holiday season – and what they portend for merchants throughout 2021.

 

READ NOW

Collaborative Commerce

The Two Layers Of B2B Collaborative Commerce

Paper checks won't be around in 2030, says Versapay CEO Craig O’Neill because buyer-supplier relationships will evolve and new commerce paradigms will define those dynamics. O’Neill spoke with Karen Webster about the biggest trends ahead for buyers and suppliers, and the need for payments to “smarten up” to facilitate a more connected, collaborative ecosystem.

 

READ NOW

Subscription Commerce

Big Data And Analytics Save Subscription Firms From ‘Involuntary Churn’

While 2020 was a banner year for subscriptions, could 2021 force a hard restart? Vindicia Chief Operating Officer and Chief Financial Officer Roy Barak said in conversation with PYMNTS that billing and payments systems must be developed and maintained to prevent the involuntary churn that kills subscription commerce company bottom lines.

 

READ NOW

Healthcare Innovation

Telehealth Provider Pulls The Middleman Out Of The Equation

A visit to the doctor is fraught with confusion about insurance and fear of contracting COVID. As Ran Shaul, co-founder and chief product officer for K Health, told PYMNTS, his company’s first mission as a remote healthcare platform for consumers was very clear: It pulled the middle man out of the system by asking consumers to pay cash.

 

READ NOW

Digital Payments

Credit Unions Find Debit, Digital Issuance Trends Are Here To Stay

The economic climate is still uncertain and that means debit usage is being used as a budgeting tool. As Jeremiah Lotz, managing vice president, digital experience and payments at PSCU, told PYMNTS, contactless transactions and use of mobile wallets have also been growing at a healthy clip;and purchases using those digital wallets were up 62 percent during the latest holiday shopping season.

 

READ NOW

KLW Commentary

Walmart’s Bid To Go From Supercenter To Super App

Walmart pioneered the Supercenter concept in the U.S in 1988 – and now, 33 years later, it has a very different “super” concept at the center of its future: the super app. Karen Webster said that the Connect + flywheel concept Walmart laid out on its Q4 2020 earnings call has plenty of competition from other super apps — and platforms with super app ambitions. And is betting $14 billion that the world’s largest physical-first retailer can make a bold digital-first leap.

 

READ NOW

 

What's Hot


Lloyds Bank Brands Can Use Mastercard’s Open Banking Connect


Digital Dollar Exploration Gets Nod From Treasury Secretary Yellen


Apple Regains Smartphone Lead In Worldwide Smartphone Sales


ResTech Platforms Explore IPOs Amid Rapidly Changing Market


Biden Administration Puts PPP Focus On Small, Minority-Owned Firms


Mastercard, Island Pay Launch CBDC-Linked Card In The Bahamas


Google Data Is The New Black With Connected Clothing


Oscar Health Looks To Raise $1 Billion In IPO


Mizuho, LINE Double Down On Bid To Launch ‘Smartphone Bank’


Bitcoin Daily: Bitcoin Mine Operator Planning IPO; Swedish Financial Authority Warns Consumers Of Crypto Risks


Best Of Yesterday 


J.P. Morgan Details The 6 Trends Shaping Corporate Treasurers’ Futures


Joor Adds Payment Options To Its B2B Fashion Platform


Getting Bitpaid: Crypto Edges To Mainstream And Everyday Transactions


 

Join Our Mailing List

Having trouble viewing this email? Please click here.
This email was sent to you by PYMNTS.com. To ensure delivery to your inbox,
please add ops@pymnts.com to your address book.

 

This email was sent to newsletter@newslettercollector.com by pymnts.com
 

Instant removal with unsubscribe
 

PYMNTS.com | 111 Devonshire Street | Boston, MA | 02108