Search Results for: consumer demand

Growth of Digital Payment Market Attributed to Consumer Demand for Contactless Payment Methods
Commerce Digital Payments E-commerce News

Growth of Digital Payment Market Attributed to Consumer Demand for Contactless Payment Methods

Fintech News Desk
by Fintech News Desk0
One of the new industries that has gained during the pandemic is the digital payments market. Steady revenue growth of the digital payment market can be attributed to growing smartphone penetration and rising preference for m-commerce. Global smartphone penetration is predominantly surging every year, owing to its reduced pricing and......
Step Raises $50 Million in Series B Funding Following Massive Consumer Demand From Its Recent Launch
Fintech Fintech Funding News

Step Raises $50 Million in Series B Funding Following Massive Consumer Demand From Its Recent Launch

Fintech News Desk
by Fintech News Desk0
Led by Coatue, the round includes Step partner Charli D’Amelio as well as several notable celebrity and Silicon Valley fintech investors. Step, the new modern-day financial services company built for teens and families, today announced a $50 million Series B round of funding. The round was led by Coatue, with......
Pagaya Closes New $500 Million Consumer Loan ABS Deal, Reflecting Continued Strong Investor Demand
Fintech Investment Services News

Pagaya Closes New $500 Million Consumer Loan ABS Deal, Reflecting Continued Strong Investor Demand

Business Wire
by Business Wire0
Second AAA-Rated Asset Backed Securitization of 2024, with $4.4bn raised across all transactions in 2024 Pagaya remains the #1 ABS issuer of personal loans in the U.S. Pagaya Technologies LTD. a global technology company delivering AI-driven product solutions for the financial ecosystem, announced the closing of PAID 2024-9. A total......
New Research Finds Consumers Demand Payment Choice, Worry About Cash Access, and Remain Optimistic About Their Financial Future
Digital Payments Digital Wallet News

New Research Finds Consumers Demand Payment Choice, Worry About Cash Access, and Remain Optimistic About Their Financial Future

Business Wire
by Business Wire0
Paysafe’s annual Inside the Wallet report polled the spending and saving habits of 14,500 people across age groups from around the world Over half of consumers worldwide (56%) have changed their spending habits from a year ago, not only becoming more price conscious but demanding payment choice, from debit cards and bank......
Consumers’-Growing-Demand-for-Simplicity-and-Security-Helps-U.S.-Bank-
Banking Finance Fintech News

Consumers’ Growing Demand for Simplicity and Security Helps U.S. Bank Top Javelin’s 2024 Digital Banking Scorecards

PR Newswire
by PR Newswire0
Javelin Strategy & Research released the 2024 editions of its annual Mobile Banking Scorecard and Online Banking Scorecard, with U.S. Bank earning Best in Class in both scorecards and ending Bank of America’s six-year reign atop both scorecards. The 2024 Scorecards highlight the growing importance to consumers of an intuitive experience and secure......
Increased Demand for Credit Continues and Delinquency Rates Rise as Some Consumers Struggle with Affordability
Mortgage News

Increased Demand for Credit Continues and Delinquency Rates Rise as Some Consumers Struggle with Affordability

GlobeNewswire
by GlobeNewswire0
Equifax Canada Market Pulse — Consumer Quarterly Credit Trends Report Credit demand remained high in the first quarter of this year while the mortgage market experienced a notable slowdown, according to Equifax Canada’s most recent Market Pulse consumer credit trends and insights report. Despite the slow mortgage market, the total consumer......
Federal Reserve Consumer Payment Survey Shows Continuation of Pandemic Trends, Including Rising Credit Card Usage and Enduring Demand to Hold Cash
Digital Payments News

Federal Reserve Consumer Payment Survey Shows Continuation of Pandemic Trends, Including Rising Credit Card Usage and Enduring Demand to Hold Cash

Business Wire
by Business Wire0
The Federal Reserve System’s FedCash Services (FCS) released a report from its ongoing research into the payment habits of the U.S. population. The 2023 findings from Diary of Consumer Payment Choice finds that consumer payment behavior remains consistent with the early pandemic, including a shift toward credit card payments and a......
Demand Grows for Convenience at the Checkout but Embedded Payments Remain a Mystery, According to Paysafe Consumer Research
Digital Payments News

Demand Grows for Convenience at the Checkout but Embedded Payments Remain a Mystery, According to Paysafe Consumer Research

Fintech News Desk
by Fintech News Desk0
75% of consumers plan to use embedded payments if they become more widely available* Embedded finance is one of the hottest trends in fintech, but despite the buzz about this transaction revolution across the industry, 49% of consumers have never heard of the term ‘embedded payments’ and while a further......
Consumers Demanding Faster Payment Options to Fit Their Digital, Always-On Lives
Digital Digital Payments News

Federal Reserve Survey: Consumers Demanding Faster Payment Options to Fit Their Digital, Always-On Lives

Fintech News Desk
by Fintech News Desk0
US consumers are seeking faster payments in more areas of their increasingly on-demand lives, with four out of five saying they are interested in faster options to pay businesses, according to a survey released today by the Federal Reserve Banks. About 70% say having access to enhanced faster payment capabilities from......
Global Consumer Survey Debunks the Top 5 Myths in Mobile Application Security and Highlights Consumers' Demand for Security as a Key Feature of Every Mobile App
Mobile Banking News

Global Consumer Survey Debunks the Top 5 Myths in Mobile Application Security and Highlights Consumers’ Demand for Security as a Key Feature of Every Mobile App

Fintech News Desk
by Fintech News Desk0
Worldwide data reveals consumer expectations are more aligned with CISOs’ priorities than ever before  Appdome, the leader in no-code mobile app security and fraud prevention, has released a global consumer survey, How CISOs Can Meet Consumer Expectations of Mobile Security in 2021. The survey provides comprehensive insight into the complex and sophisticated......
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