FBI issues warning to bank mobile app users, DoorDash valued at $15B, Experts tell Congress its time for digital dollar

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TODAY'S NEWS | OPINION | INDEXESTRACKERSPYMNTS LIVE

June 12, 2020

How We Eat Tracker™

New Report: Sam's Club On Bringing The Digital Shift To Warehouse Stores

The past few months have brought profound changes to many aspects of consumers’ lives, not the least of which is where they get their food. With many restaurants closed, consumers are shopping for groceries more than ever – with big assists from their mobile phones, says Eddie Garcia, Sam's Club's chief product officer. In the inaugural edition of our How We Eat Tracker, Garcia discusses the growing use of scanning apps, and how mobile is transforming grocery shopping for the better.

 

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US Housing Sales

Redfin On The US Housing Market’s Great Snapback (For Now)

Will we soon see bidding wars for homes despite a pandemic, a recession and stock market swoons? Online real estate firm Redfin's lead economist Taylor Marr tells Karen Webster that there's been a notable snapback in home buying recently as a result of pent-up demand pre-pandemic. But, that doesn’t mean that he and his team aren’t worried that the 'V' won't become a 'W.' Here’s what they're watching.

 

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Freight Forwarding

Convoy CEO On Trucking’s Great Digital Shift

Supply-chain flexibility has always been an imperative part of managing market volatility, but the COVID-19 pandemic has introduced challenges that few in the shipping and logistics businesses have ever seen. Convoy Co-founder and Chief Technology Officer Grant Goodale tells Karen Webster the outbreak could finally force trucking firms to ditch decades and even centuries-old legacy systems like physical bills of lading and adopt digitized versions instead.

 

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Digital Dollars

Experts Tell Congress It’s Time To Create a ‘Digital Dollar’

Trillions of dollars in U.S. government stimulus payments and a long wait for the paper checks to come in the mail have many saying it’s time for a digital dollar. A congressional hearing delved into how and why the Federal Reserve should issue dollars in bits and bytes – which proponents say would boost financial inclusion. Here’s our take.

 

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P2P Payments

How The Pandemic Has Helped Push P2P Payments Mainstream

P2P payments have been on the rise for some time, but the global pandemic ‘threw lighter fluid on a fire that was already burning,’ Derek Swords, Fiserv’s vice president of product management, tells PYMNTS. The challenge now is to keep up with consumers and their increased desire for person-to-person (P2P) functionality.

 

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Mobile Order-Ahead Tracker™

New Report: How Fake Reviews Hurt Restaurants' Mobile Ordering Volumes

A third of consumers refuse to order from restaurants that rate less than four stars on online review sites — even though lots of reviews are fraudulent. In this month’s Mobile Order-Ahead Tracker, PYMNTS talked to bartaco Co-founder Scott Lawton about how quick-service restaurants (QSRs) can prevent fake reviews from impacting their mobile order-ahead volume.

 

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What's Hot


FBI Issues Warning To Bank Mobile App Users


New Funding To Make DoorDash A $15B Company


Quicken Loans May Be Readying IPO


Instacart Raises $225M At $14B Valuation


Grubhub Faces Lawsuit From KFC, Taco Bell Parent Company


California To Uber And Lyft: Drivers Are Employees Come July 1


Snapchat Debuts New Developer Tools Including eCommerce


Mnuchin: Federal Help Could Be Coming For Looted Stores


EU To Charge Amazon With Antitrust Violations


Bitcoin Daily: India Pushes Blockchain Digitalization Of Trade Documents; Bitcoin IRA Debuts Saver IRA


Best Of Yesterday 


NEW DATA: The Four Shopper Personas Driving The Digital Shift


Why Cash Management Is Driving Corporate’s Digital Payments Transformation


Navigating The ID Verification Challenges Of ‘Immunity Passports’


 

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