Square’s High Growth Rate Decelerates Digital payments company Square experienced significant growth driven by the pandemic: The need to deposit and spend dollars by consumers receiving stimulus checks helped the consumer cash application grow to 40 million consumers. While still high, growth slowdowns have been reported now that the government programs have ended. DCA Insight: Watch for new trends to...
Top 10 Commerce With a Conscience Companies Selected By Digital Commerce Alliance Inaugural DCA listing published today SAN FRANCISCO (Nov. 8, 2021)—The Digital Commerce Alliance (DCA) today announced its Top 10 Commerce With a Conscience Companies. For the first year ever, the DCA is recognizing leading organizations in the digital commerce, card-linking, mobile wallets, and financial data space who have...
Fee for Transactions: Banks Challenge Apple Pay When the Apple Pay mobile wallet launched in 2014, big banks including JPMorgan, Capital One, and BOA we’re all in. They agreed to pay fees that would let their cardholders pay via their iPhones. Now some are pushing back, urging Visa to reduce the fees Apples charge for each transaction. DCA Insight: Bank...
2021 Digital Commerce Annual Industry Study Released The Digital Commerce Alliance today released its annual industry study of members from around the world. This is the 6th year DCA has published key findings revealed by respondents from merchant, banking, payments, data, fintech, and card-linking organizations. DCA Insight: Card-linking programs top the list of digital marketing tools leveraged by respondents, surpassing...
2021 Top 20 Women in Digital Commerce The Digital Commerce Alliance (DCA) is pleased to announce this year’s list of the Top 20 Women in Digital Commerce. These exceptional executives are being recognized for outstanding leadership and achievement in our industry. As a membership organization advancing innovative approaches in digital commerce—retailing, fintech, digital advertising, mobile payments, banking, card-linked offers, and...
[image_with_animation image_url=”20747″ animation=”Fade In” hover_animation=”none” alignment=”” border_radius=”none” box_shadow=”none” image_loading=”default” max_width=”100%” max_width_mobile=”default”] Nasdaq’s Plan To Require Board Diversity Approved by SEC With the goal to increase the representation of women, racial minorities and those who identify as LGBTQ+ on US corporate boards, the Securities and Exchange Commission approved a new policy. The rule requires that the nearly 3,000 companies listed on Nasdaq...
Americans Are Borrowing Money Again Consumer demand for credit is high. There was a 39% uptick in auto loans, general-use credit cards and personal loans from April 2020 to April 2021, according to credit-reporting firm Equifax. DCA Insight When the pandemic first hit, people worried. About getting laid off and/or running out of money. Splurging on a new car, taking a...
Largest US Companies Boosted Numbers of Black & Latino Board Directors This spring, S&P 500 companies tripled the share of new directors who are Black and more than doubled the share who are Latino, according to a recent article in the WSJ. Approximately 75% of the new directors are women, or belong to a racial or ethnic minority, up from...
Google Postpones Plans to Remove Cookies to Late 2023 Google’s plan to remove web-tracking cookies from Chrome has generated discord among the competition, regulators, privacy zealots, and the digital-media industry. In response, the Alphabet Inc. unit announced its browser Chrome would delay plans to stop supporting user-tracking technology (third-party cookies) from early 2022 to late 2023 to understand implications better....