Search Results for: coronavirus pandemic

Spurred by Coronavirus, Investors Will Drive the Digital Advice Revolution
Business Fintech Guest Posts Investment Services

Spurred by Coronavirus, Investors Will Drive the Digital Advice Revolution

Chris Sonzogni
Financial advice tends to be a localized business. Where other financial services have digitized and fractured, relying on mobile apps and decentralization to boost margins and cut overhead, many advisory firms haven’t followed suit. The introduction of the coronavirus has largely changed that. And the changes the virus has ushered......
The Rising Online Consumption Curve in Latin America with the Pandemic – and What it Means for Fintechs
Banking Business Fintech Guest Posts

The Rising Online Consumption Curve in Latin America with the Pandemic – and What it Means for Fintechs

Jaqueline Bartzen
Latin America was at the peak of e-commerce growth, with millions of consumers getting access to better financial options and a faster internet connection, when the world was hit by the coronavirus pandemic, at the beginning of this year. As lockdown measures were ordered throughout the region, e-commerce was strongly......
Fintech News

Tipalti Data Shows the Impact of COVID-19 Pandemic on Global Payables

Fintech News Desk
The latest data correlates shifts in supply chain payments with the waves of the novel coronavirus globally and across several industries Tipalti, the leading global payables automation solution, released findings that demonstrate which industries and countries have experienced the biggest shifts in average remittance per transaction (ART) during the COVID-19......
Business Fintech News

Amidst Economic Uncertainty, Pandemic, CDE Grows Employee Headcount by 33%, Adds Office in Greater Atlanta

Fintech News Desk
Marietta-based payment solutions provider expands presence with new office space, staff Despite economic challenges driven by the coronavirus pandemic, CDE Services, Inc., a PCI-validated P2PE provider of payment solutions and support services, added 5,500 square feet of office space in Alpharetta, Ga., and increased employee headcount by 33% in 2020 by......
Costs Exceed Revenue for Many Latino-Owned Businesses Since The COVID-19 Pandemic Began, According to Biz2Credit’s Annual Study
Business Fintech News

Costs Exceed Revenue for Many Latino-Owned Businesses Since The COVID-19 Pandemic Began, According to Biz2Credit’s Annual Study

Fintech News Desk
Before the coronavirus pandemic hit, revenue growth of Latino-owned companies was up 10% over last year, but like most other businesses in America, their fortunes have declined dramatically since March, according to the annual Biz2Credit Latino-Owned Business Study for 2020. Read More: Black Knight Delivers a Major Enhancement to Its CompassPoint Pool......
Banking Fintech Mobile Banking News

Rise in Consumer Use of Credit Cards, Digital Payments, and Mobile Banking Will Linger Post-Pandemic, Predicts Packaged Facts

Fintech News Desk
Since the pandemic, market research firm Packaged Facts reports important shifts in payment method and payment method safety; spending and banking behavior; and credit use and future payment choices among U.S. consumers The COVID-19 pandemic is significantly influencing national purchasing habits, pushing a higher share of purchases onto the internet......
Fintech News

Pandemic’s Impact on the Market and Economy Has Rattled Retirement Confidence

Fintech News Desk
Joint poll by Kiplinger and Alliance for Lifetime Income reveals decreased confidence, especially among women, pre-retirees, and those with lower household net worth Americans are less optimistic about their ability to enjoy a comfortable retirement due to the coronavirus pandemic, according to a new nationwide retirement survey released today by Kiplinger’s......
COVID-19 Pandemic Triggers Spike in Online Banking; 91% of Americans Bank Virtually in July
Fintech Mobile Banking News

COVID-19 Pandemic Triggers Spike in Online Banking; 91% of Americans Bank Virtually in July

Fintech News Desk
Five months after most of the United States entered a pandemic-related lockdown, consumers and businesses alike are still adjusting to the new normal. Most banks have modified their services, hours and availability to adhere to pandemic rules and guidelines. In turn, customers have had to change up their banking habits. In fact,......
News

Two in Three Americans Report That the COVID-19 Pandemic has Turned Them Into a Frugal Person, According to New Survey Findings From Slickdeals

Fintech News Desk
Sixty-seven percent consider being called frugal a compliment More than half of Americans credit the COVID-19 pandemic with finally teaching them how to be smart with their money, according to a new survey commissioned by Slickdeals, the leading social platform for shopping. Read More: Hummingbird Raises $8.2M To Automate Financial Compliance Technology......
Western Union Recognized with Inclusion in 2021 Bloomberg Gender-Equality Index
Fintech News

Western Union Accredited as a New Lender Under the UK Coronavirus Business Interruption Loan Scheme (CBILS)

Fintech News Desk
Western Union Business Solutions via Western Union International Bank will be able to provide financial support to small UK businesses impacted by the COVID-19 outbreak The Western Union Company, a leader in cross-border, cross-currency money movement and payments, has been accredited as a new lender under the Coronavirus Business Interruption......
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