PYMNTS AM Radar: Data Collection; Revenge Travel | PYMNTS.com

2022-07-01 12:07:00 By : Mr. Jeremy Chen

Today is Thursday, June 30 and if you work from home, today is your day — it’s National Work from From Home Day, celebrated the last Thursday in June to pay homage to the technology that enables work to happen from anywhere. 

It’s also the day the National Organization for Women (NOW) was founded in 1966 with the mission of promoting equal rights for women; Betty Friedan served as its first president. The first African American female justice Ketanji Brown Jackson is being sworn in as a Supreme Court justice today, replacing Justice Stephen Breyer. Here’s what else should be on your radar this morning.

Data Collection. The collection of payment data could be subpoenaed by law enforcement with the overturning of Roe v. Wade. Criminal investigators looking for evidence to prosecute abortion lawbreakers can get payment data more easily than medical records.  READ MORE

Telemed for the Win. Virtual medical care became a necessity during the pandemic, but its benefits have extended beyond the days of social distancing. The ConnectedEconomy™: The Trend Toward Digital Healthcare, a PYMNTS and CareCredit collaboration, takes a look at telemedicine’s rise and patients’ opinions on those services. READ MORE

Revenge Travel. From flights to hotel reservations, vacation bookings have bounced back — and 2022 is the first truly connected economy summer season in history.  Jeni Mundy, global senior vice president of merchant sales and acquiring at Visa, told PYMNTS’ Karen Webster that Visa is seeing an uptick in contactless payments, and digital transformation is altering every experience. READ MORE

Mobile Centricity. Chris Mangone, vice president of payment partnerships at American Express, told PYMNTS’ Karen Webster that mobile centricity aids conversion. The typical person taps their smartphone once every 10 minutes and it’s up to merchants and their technology partners to capitalize on the new mobile shopping patterns that are emerging.  READ MORE

ICYMI. In the latest edition of PYMNTS’ Provider Ranking of Coupon Apps, 13 contenders have earned a place in the Top 10. Retaining the No. 1 spot that it earned last month is Honey Smart Shopping Assistant, followed by Groupon and GasBuddy tied for second, and Flipp coming in at third. READ MORE

NEW PYMNTS DATA: HOW UTILITIES AND CONSUMER FINANCE COMPANIES CAN ENHANCE THE BILL PAYMENTS EXPERIENCE

About: More than half of utilities and consumer finance companies have the capability to process all monthly bill payments digitally. The kicker? Just 12% of them do. The Digital Payments Edge, a PYMNTS and ACI Worldwide collaboration, surveyed 207 billing and collections professionals at these companies to learn why going totally digital remains elusive.

The early days of the pandemic put patients between a rock and a hard place. Many patients delayed routine care during the...

“Revenge travel.” That’s what they’re calling it as the cooped-up millions finally find the nerve to board planes, book hotel rooms and...

South Korean app-based lender K Bank has submitted a preliminary application to conduct an initial public offering (IPO) in the country, Reuters...

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