Pandemic creates new role for pawn shops, Spy chief warns of China’s crypto influence, Consumers get their holiday shopping groove

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November 27, 2020

 Pandenomics

Secondhand News: Economy, Pandemic Create New Role For Pawnshops

The pandemic has cast the pawnshop as a financial service, providing loans and revenue opportunities for the unbanked and underbanked. Len Summa, CEO of Data Age — which owns the widely used PawnMaster 360 software platform — told Karen Webster that 'secondhand stuff' is very much in vogue.

 

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Next-Gen Debit Tracker

Security Demands Spur Virtual Debit Card Adoption

Consumers value security and touchless experiences when making debit payments — and virtual cards could give them both. In the Next-Gen Debit Tracker, Kelley Knutson, president of prepaid debit card provider Netspend, explains how virtual cards can offer the seamlessness consumers crave while keeping debit fraud in check.

 

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Digital Shift

Video Content Creates Digital-First Brand Loyalty

It’s not about showing the consumer a video. It’s about showing the consumer what they need to make a transaction. Guy Atzmon, SundaySky’s senior vice president of product and creative, tells PYMNTS that holdout customers are using video to jump into the great digital shift.

 

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Online Platforms

Dermatology 2.0: Dr. Dhaval Bhanusali Goes B2B With Online Skincare Platform AIRE

He’s an adviser to everyone from Amazon to Martha Stewart. Dr. Dhaval Bhanusali is known for his medical expertise in the dermatology field, as well as his work as a technologist. He’s creating online platforms to better digitally integrate the entire dermatological field — including the AIRE SkinStore, which is the operation’s B2B commerce platform.

 

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Holiday Sales

Retail Data Shows Online Dominance, Gift Card Momentum For Holiday Spending

When they do spend, consumers will do so online — some of them exclusively. A stunning 96.5 percent of holiday shoppers said they would make an eCommerce purchase, and 17.5 percent said they would do all of their shopping online this holiday season.

 

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PYMNTS TV

On The Agenda: Expert Panel Debates How Consumers Will Get Their Holiday Shopping Groove

Merchants will help consumers find their shopping groove in time for the holidays and find the confidence to spend again this year. That was the key takeaway from an PYMNTSTV segment with Upgrade CEO and Founder Renaud Laplanche, PYMNTS CEO Karen Webster, PSCU CEO Chuck Fagan, Verizon Business Group Vice President Michele Dupré, Cybersource Senior Vice President of Strategy, Marketing & Small Business Michele Herron.

 

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What's Hot


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China's Financial Industry Firms Redo Plans, Funding In Wake Of Regulatory Oversight


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Bitcoin Daily: Nigeria Moves To Create Crypto Framework; Australia Holds Blockchain Pilot With Singapore


Best Of Yesterday 


Thanksgiving 2020: Tough Times and A Cheaper Turkey Dinner


Global Outlook: Digital-First Kicks In From Asia To Africa


‘COVID-19 Health Passes’ Ignite New Digital ID Debate


 

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