Uber loses Grubhub to Just Eat, Amazon taps Goldman for SMB credit, The four shopper personas driving the digital shift

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TODAY'S NEWS | OPINION | INDEXESTRACKERSPYMNTS LIVE

June 11, 2020

Virtual Roundtable Discussion

Why Cash Management Is Driving Corporate’s Digital Payments Transformation

Businesses are diving head first into digitizing their back offices — but while eInvoicing and online-payments acceptance are a start, true digital transformation in the B2B ecosystem must go further. Karen Webster speaks with MerchantE’s Sandra Blair, Payouts Network’s Keith Smith and Sojern’s Walter Goracke on the progress organizations have made on digitization efforts and what’s next for cash-management strategies amid the shift toward a B2B eCommerce model.

 

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PODCAST: ID Verification

Navigating The ID Verification Challenges Of ‘Immunity Passports’

More and more daily activities are moving online, making proving who you say you are vitally important. Zac Cohen, chief operating officer of Trulioo, tells Karen Webster that’s putting the complex issues surrounding ID verification, public health and even fraud front and center, including issues around digitized ‘immunity passports’ and the privacy and ethical issues they raise.

 

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Credit Cards

How Card Issuers Can Stay Competitive In The Post Pandemic World

The pandemic has slowed the global economy to nearly a standstill and consumers have dramatically curtailed credit card spending. Add in the fact that what commerce there is has gone highly digital and the pressure is on for card issuers to rethink their business plans. Jeff Chernivec, Elan’s senior vice president of strategy, tells PYMNTS card issuers must rethink customer relationships — and how best to expand and improve them — to remain competitive.

 

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Voice Technology

Sensory CEO: Voice Technology Is About To Make Itself Heard

Voice technology’s adoption has been growing for years, but the post-pandemic will give it a once-in-a-lifetime opportunity to expand, according to Todd Mozer, CEO and chairman of voice-technology firm Sensory. He tells Karen Webster that in the COVID-19 era, few retail customers will want to use keypads in stores, nor will they lower their masks to accommodate facial-recognition systems.

 

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Credit Unions

PSCU On The Digital Shift And Branch Banking’s Future

The digital leap that’s confronting financial services actually offers an opportunity for credit unions to cement their relationships with consumers. Dean Young, executive vice president and chief experience officer at PSCU, tells PYMNTS that CUs need to leverage not just digital channels, but also the inherent strengths of the branch-banking experience.

 

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Great Reopening: Shifting Preferences

NEW DATA: The Four Shopper Personas Driving The Digital Shift

Forty percent of consumers who have been working remotely since the pandemic began are eager to leave their homes and work on site. Meanwhile, 70 percent of those who have been buying groceries online want to remain hunkered down at home. Why are some eager to re-enter the world while others double down on digital? The Great Reopening: Shifting Preferences edition, surveys 2,065 consumers and finds four distinct digital shopper profiles that help to explain how digital features will play into consumers' plans to work, shop, eat and play in the months to come.

 

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What's Hot


Just Eat Takeaway.com To Buy Grubhub In $7.3 Billion Deal


Amazon Taps Goldman To Launch SMB Credit Program


Apple Is First US Company To Reach $1.5T Market Cap


Merchant eSolutions Rebrands As MerchantE, Debuts New Payments Service


Pandemic Leveling Playing Field Between Banks And FinTechs


eCommerce Helps Women Hard Hit By India’s Shutdowns


Starbucks Fast Tracks Curbside Pickup In Face Of Expected Q3 Loss


Senators Look To Extend PPP Loans To Include More SMBs


UK Regulators Extend Hold On Amazon/Deliveroo Deal


Bitcoin Daily: Bank of Ghana Eyes Digital Currency; 4,000 Crypto Trader Accounts Now Frozen In China Probe


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