Tagged: consumer behavior

March 19, 2021 @ 3:38 pm By Omar Faridi  |  

The Research and Insights team at PayPal (NASDAQ: PYPL) notes that when the COVID-19 pandemic began, Jennifer Vaughan started noticing a visible change in her business’s customer base. Usually, Jennifer’s “high-end” paper store, Mulberry Paper and More, had been appealing to professional artists. However, Jennifer… Read More

March 17, 2021 @ 6:23 pm By Omar Faridi  |  

The “humble” QR code has now emerged from last year as a “versatile” tool for providing an overall improved customer experience (CX). At restaurants, for example, customers are “loving” this contactless option so they safely view menus, order, and make virtual payments with a “snap… Read More

March 16, 2021 @ 10:59 am By Omar Faridi  |  

Approximately 10% of stimulus checks could go toward Bitcoin (BTC) purchases and stocks, according to Dan Dolev from Mizuho – which recently performed a survey asking respondents what they plan to do when they get their stimulus checks. Dolev, whose comments came during a CNBC… Read More

March 9, 2021 @ 10:31 pm By Omar Faridi  |  

LendingClub (NYSE:LC) notes that if you’ve been struggling to make ends meet, then you are definitely not alone. Amid the ongoing COVID-19 pandemic, nearly 30 million US residents are still facing unemployment, which has compounded existing struggles for workers who may have been living paycheck-to-paycheck… Read More

March 6, 2021 @ 10:48 am By Omar Faridi  |  

Current, one of the leading digital banks in the US, reveals that it’s been a busy few weeks at the company as they began receiving tax refunds for thousands of clients five working days faster than regular banks. Current claims that most of the money… Read More

March 2, 2021 @ 11:45 pm By Omar Faridi  |  

Banking software firm Temenos (SIX: TEMN) has released a report, titled “Open Banking: Revolution or Evolution?”, which was authored by the Economist Intelligence Unit (EIU) and it’s also based on a survey of more than 300 senior banking professionals. The report revealed that almost half… Read More

March 2, 2021 @ 10:56 pm By Omar Faridi  |  

The Coronavirus outbreak has led to a dramatic surge in demand for contactless payments options, which has accelerated the ongoing shift from cash transactions to safer digital payment methods. Jodie Kelley, CEO at Electronic Transactions Association, has noted that during the past 6 to 8… Read More

March 2, 2021 @ 12:35 am By Omar Faridi  |  

Payments platform Adyen (AMS:ADYEN) notes that during times like these, it can be challenging to find the “headspace” to map out business growth plans. Adyen also mentioned that it can be difficult to know where exactly to start. The Fintech firm  thinks that what we… Read More

March 1, 2021 @ 10:55 pm By Omar Faridi  |  

Buy Now, Pay Later or BNPL adoption is on track to grow significantly in the next few years with the Asia-Pacific region being one of the main drivers. A study performed by Coherent Market Insights reveals that the international BNPL market had been valued at… Read More

February 27, 2021 @ 5:01 pm By Omar Faridi  |  

Los Angeles based Verifi, a company that claims it has been leading the dispute management and payment protection sector for sellers and issuers since 2005, notes that in October 2019, Visa had acquired Verifi. The Verifi team points out that since the very first day,… Read More

February 25, 2021 @ 8:58 pm By Omar Faridi  |  

Big Four auditing firm KPMG in Australia has released a report, titled, The 30 Voices, which aims to cover “every facet” of financial services and beyond. It features insights related to developments from incumbents to banking challengers, Big Tech firms to investors, legislators to academics…. Read More

February 21, 2021 @ 8:37 pm By Omar Faridi  |  

LendingClub (NYSE:LC) notes that married couples who manage their finances together are (usually) more likely to say they’re in “a happy, stable partnership,” according to a research study carried out by the University of Arizona. However, a LendingClub member survey has revealed that almost 70%… Read More

February 21, 2021 @ 4:58 pm By Omar Faridi  |  

Piplsay research reveals that 27% of US consumers are planning to make investments in cryptocurrency during 2021. Around 50% of Americans think that it’s now “safe” to invest in decentralized digital currencies, the survey revealed. About 57% of US-based consumers said they think major brands… Read More

February 19, 2021 @ 5:18 pm By Omar Faridi  |  

A recent SWNS research study has revealed that 40% of US-based consumers under the age of 40 are not optimistic that they’ll be able to succeed in achieving their financial goals. The study of 2,000 Americans (between the ages of 18–40) found that around 58%… Read More

February 15, 2021 @ 9:45 pm By Omar Faridi  |  

Payments platform Adyen (AMS:ADYEN) notes that the COVID-19 outbreak has accelerated consumers’ adoption of digital platforms and services. Technically “timid” grandparents have also become a lot more comfortable with video conferencing in a post COVID world, the Adyen team writes in a blog post. People… Read More

February 13, 2021 @ 2:41 pm By Omar Faridi  |  

Thrasio, a company that acquires and then aims to quickly grow third-party sellers on Amazon (NASDAQ: AMZN) has finalized $750 million in new funding, raising the firm’s valuation to around $3 billion to $4 billion. The investment round was led by current investors Advent and… Read More

February 13, 2021 @ 9:50 am By Omar Faridi  |  

Consumer sentiment regarding Bitcoin (BTC) as a legitimate payment method has changed significantly following the historic crypto market bull run, which is truly unprecedented. With BTC prices reaching all-time highs (briefly hitting $49,000) on the heels of Elon Musk’s tech firm Tesla’s announcement that they’ve… Read More

February 10, 2021 @ 9:15 pm By Omar Faridi  |  

This past week could have just been one of the worst weeks in Robinhood’s 8-year history, however, it also might have been one of the best in some ways. According to estimates, the private firm’s app was downloaded over 1 million times from this past… Read More

February 10, 2021 @ 8:23 am By Omar Faridi  |  

The team at Juniper Research, an analyst house focused on digital technology market research and related Fintech trends, technology data, market sizing, and consulting, notes that e-commerce and financial services have become a key part of many consumers’ lives in a post-COVID world. The Juniper… Read More

February 7, 2021 @ 7:36 pm By Omar Faridi  |  

Payments platform Adyen (AMS:ADYEN) reveals that Buy Now, Pay Later (BNPL) is the fastest-growing payment alternative in North America. BNPL services are everywhere now, and allow consumers to acquire big ticket items and have made “spontaneous splurges within easy reach.” These digital financial “tools” allow… Read More