Walmart to launch Robinhood competitor, Affirm aims for $10B valuation, Post vaccine, consumers still want digital-first shopping

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TODAY'S NEWS | OPINION | INDEXESTRACKERSPYMNTS LIVE

January 12, 2021

Digital Shift

Digital Shift Leads Mastercard To Take Contactless Payments To The Cloud

The acceleration of contactless payments due to the pandemic has pushed the need for digital retail payments infrastructure forward. Nili Klenoff, senior vice president, acceptance solutions at Mastercard, told PYMNTS that the pilot of a cloud-based infrastructure for mobile announced Monday was driven by dynamics in the consumer marketplace.

 

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Digital Consumer Onboarding Tracker

Cargomatic Taps Geocoding To Avert Last-Mile Delivery Mistakes

Eighty-four percent of consumers say they would abandon a merchant after just one failed delivery attempt. In The Digital Consumer Onboarding Tracker, Sunil Sharma, chief product and technology officer at online logistics marketplace Cargomatic, discusses how geocoding is key to streamlining last-mile delivery accuracy.

 

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Government Disbursements

Ingo Money’s Edwards: Government Disbursement Modernization Depends On Digital Engagement

As the stimulus programs have shown, the federal government is challenged when it comes to fast and efficient disbursements. According to Ingo Money CEO Drew Edwards, the solution is not just having information to improve the process – it’s having the right information to engage consumers.

 

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PYMNTSTV

Virtual Cards Drive Consumerization Of B2B Payments

In the journey to optimize B2B payments, many firms are bringing the consumerization of employee spend into the world of supplier payments. Speaking with Karen Webster, Conferma Pay CEO Simon Barker and Barclays President of Payments Marc Pettican discuss the friction points virtual cards must tackle – for the employee, corporate buyer and supplier – to drive adoption.

 

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PaaS

Payments as a Service,
Ready for Prime Time?

The stage is set for payments as a service to gain traction with financial institutions (FIs) seeking to serve their clients as enterprises, in turn, must modernize B2B payments

Here’s why. 

 

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Pandenomics® 

NEW DATA: Even After Vaccine, 75 Pct Of US Consumers Still Want A Digital-First Shopping Experience

Half of U.S. adult consumers say they want a vaccine, but 75 percent of them also say they plan to stick with their digital-first shopping experiences even after the pandemic. In the latest installment of the Pandenomics® study series, PYMNTS surveyed a national sample of 2,268 consumers who say that merchants shouldn’t plan on a consumer who makes the physical store the centerpiece of their retail and grocery shopping experiences the way they once did.

 

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