What to read today: Mobile Order-Ahead and Delivery: Insider Intelligence scopes the digital ordering opportunity and explains why it is ripe for payments providers if they work to seize the current momentum in the space. We size the market for digital restaurant ordering and identify the core channels and technologies that providers looking to help restaurants digitize can use. Finally, we highlight key priorities and best practices that players can focus on in order to win a piece of the pie..
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| | Stimulus payments may lead to a post-pandemic boom in spending and economic revival. | Most of the initial stimulus payments were sent out via direct deposit, and more payments are set to go out this week via prepaid debit cards and paper checks. Spending trends show that consumers are using their stimulus payments mostly to save money or pay down debt. Both tactics might help support a post-pandemic boom in economic growth and consumer spending. Consumers who saved their stimulus payments will come out of the pandemic with substantial cash reservoirs. And those who paid down debt are in a better position to spend more liberally than they might've been before. Insider Intelligence's Adriana Nunez has the full story. | | | | | | | | | | | | | | Mobile Order-Ahead and Delivery | Insider Intelligence scopes the digital ordering opportunity and explains why it is ripe for payments providers if they work to seize the current momentum in the space. We size the market for digital restaurant ordering and identify the core channels and technologies that providers looking to help restaurants digitize can use. Finally, we highlight key priorities and best practices that players can focus on in order to win a piece of the pie. | Get the full report → |
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| | US Banking Channel Forecast | Insider Intelligence forecasts the development of five key banking channels in the US between 2020 and 2024: branches, digital platforms, smartphones, call centers, and ATMs. The report identifies the drivers behind the trajectory of each channel's penetration, including changes in consumer behavior or advancements in technology. | Get the full report → |
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