PYMNTS releases latest mobile pay usage stats, Overdraft fees hit $15B in 2016, Blue Apron cuts 24 percent of workforce.

CONNECT WITH US

HOME | NEWS | OPINIONDATA & RESEARCH

August 7, 2017

#KillTheCheck Podcast Series

A Brave New World Of (Push) Insurance Payments
 

Insurance companies serve as critical safety nets for people and businesses, but most are still playing catch-up when it comes to the speed and experience of paying claims. What will it take to get the behemoths to kill the check and get with the digital program? Ingo Money CEO Drew Edwards tells Karen Webster how they can shorten the claims payout process — for real — in the latest installment of our “Kill the Check” series.

Read More...

PYMNTS Topic TBD

Western Union’s P2P Partnership Push
 

How does a 166-year-old company compete with the new FinTech startups? By partnering with the “Tech” guys who want to put the “Fin” in their offering, Western Union’s Chief Technology Officer David Thompson says.
Read More...

PYMNTS Data Dive

Prosper Falls, Uber Gets Credit And Charge-Offs Keep On Climbing
 

Summer is winding down, yet somehow payments and commerce always manage to keep things hot. Last week we learned that the less than prosperous Prosper Marketplace is likely to take a big valuation haircut, and Uber and Lyft want their own credit cards — just in time for credit card defaults to reach four-year highs.

Read More...


PYMNTS/InfoScout Mobile Payments Adoption Tracker

What Walmart Pay Knows That Apple Pay Doesn’t
 

The latest PYMNTS/InfoScout mobile payments adoption stats are in — and it’s now pretty clear, Karen Webster says. After nine quarters of asking thousands of consumers why (or why they didn’t) choose Apple, Android, Samsung or Walmart Pay to check out in a physical store, consumers don’t seem that interested in a new way to pay at an old checkout experience in a store. That spells trouble if you’re Apple Pay — here in the U.S. Webster says, and probably in China and India too. But maybe not if you’re Walmart Pay, where usage has, in just one year, comethisclose to levels that it’s taken Apple Pay three years to achieve — but not consistently maintain. We have all of the details (and lots of charts, too).

Read More...

 

What's Hot


Fines Related To The Great Recession Cost FI’s $150B


Fiserv Ups Offer For Monitise To $98M


Wells Fargo Fake Account Scandal May Not Be Over


Blue Apron Fires 24 Percent Of Its Workforce


Overdraft Fees Cost US Consumers $15B In 2016


The Delivery Economy Fueled July's Job Growth


UK Regulators Crack Down On Car Hacking


Bitcoin Flirts With All-Time High


Small Business Hiring Stalls


Under Armor Is Physical Retail’s Latest Casualty


Best of Yesterday 


NEW REPORT: Mastering mPOS At The British Open


How Flywire And Volvo Are Giving Wheels To Cross-Border Car Leasing


 
 

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