Square Cash tests short term loans, DoorDash faces gig injunction, Six reasons why more consumers are buying direct from brands

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August 13, 2020

Cloud Banking Services

Why FIs Are Taking Payments Multi-Cloud

For financial institutions using legacy systems, the thought of migrating payment processes to the cloud — let alone multiple clouds — can seem like an overwhelming task. It’s a digitization journey wrought with potential pitfalls that can saddle organizations with what NuoDB Chief Technology Officer Ariff Kassam describes as ‘technical debt.’ But he tells PYMNTS how firms can overcome the challenges to realize the value of a multi-cloud environment.

 

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PODCAST: On Demand Payroll

Driving Retail’s Rebound With A Human Capital Revamp

As retailers begin to reopen, driving employee financial wellness through features like on-demand wage access will play a key role in retaining talent. Ceridian Senior Vice President of Retail John Orr tells Karen Webster that firms must make lemonade out of lemons to develop a integrated, value-added human capital management strategy. Here’s how Orr says it all comes together.

 

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Gig Economy

What Uber And Lyft’s Court Loss Could Mean For The Gig Economy’s Future

Uber and Lyft suffered a big loss this week when a California judge gave them 10 days to reclassify their gig workers as employees rather than independent contractors. Can the gig economy survive if the entire country follows California’s lead? Do gig workers even want employee status? We break it down.

 

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PYMNTS Masterclass

Fiserv: What It Will Take For Business To Finally Get Rid Of The Paper Check

The paper check doesn't exactly have enthusiastic supporters, but it’s stuck around for as long as it has because it’s easy for payors to make payments. But Fiserv's Anne Evers tells PYMNTS that COVID-19 has changed all of that. She says getting rid of the paper check isn’t a long term goal but a short-term necessity. Here’s what it’ll take.

 

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Payment Methods

In Germany, Cold Hard Cash Still The Way to Pay

The global COVID-19-inspired move to digital commerce is shining the light on an unusual fact – Germans still use cash for 75 percent of all retail transactions. The German central bank surveyed citizens and found three surprising reasons why people living in this highly developed economy haven’t gone cashless – yet.  So, what will it take?

 

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D2C And The New Brand Loyalty Opportunity

NEW DATA: The Six Reasons Why More Consumers Are Buying Directly From Brands

The pandemic has left store shelves bare and made in-store shopping an often frustrating affair. However, consumers are finding new ways to track down their favorite products — some 50 percent have increased their use of direct-to-consumer channels. In D2C And The New Brand Loyalty Opportunity, PYMNTS surveyed nearly 2,200 U.S. consumers to uncover the six things brands must do to meet consumers’ growing appetite for buying direct.

 

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What's Hot


Airbnb Suffers Record Losses In Q2, IPO Still Planned


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Square Cash Tests Small-Dollar, Short-Term Loans


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Goldman’s Bid For GM’s Card Business Shows Connected Commerce Lure


OpenTable CEO Warns Of Massive Restaurant Closures


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