PYMNTS 11 (A Top Ten List With A Bonus)

As is often the case with the first week of September, it was a short week with a lot of compressed action. The iPhone 7 dropped, Mastercard and PayPal joined forces and Wells Fargo attracted $100 million worth of the CFPB’s ire.

Staying on top is tough. And though we have our Daily Data Dive to keep you on the pulse of what’s trending, we have our Top 10 list (with a twist) to keep you up and at ‘em on the tidbits of info you may have missed in the general news blur.

Bits like:

  1. $15 million — The amount it is possible to fundraise while one’s firm is technically bankrupt. If the firm happens to be Jumio anyway.
  2. When it comes to omnichannel, size really doesn’t matter — Bet you think big companies outpace small ones when it comes to mobile apps, in-store pickup and free shipping. According to the latest PYMNTS.com OmniReadi Index™, powered by Vantiv, not so much.
  3. 161 seconds  The average time it takes to check out online in Q3 2016 — that’s 21 seconds faster than in Q2, according to the latest edition of the Checkout Conversion Index™.
  4. 137%  The amount fraud attacks have gone up over the last four quarters, according to the PYMNTS/Forter Global Fraud Attack Index™.
  5. $111  How much it costs to fall asleep at the wrong time. Ask this London-based Uber rider.
  6. 50%  The estimated percentage of the world’s workforce that will be based in Africa by the end of 2040, according to Flutterwave’s Iyinoluwa Aboyeji.
  7. Smarter POS  Intelligentpos is iZettle’s latest acquisition and key to its ambitions to create a “truly one-stop-shop” commerce environment.
  8. Faster fraud? — Consumers and merchants aren’t the only ones who love faster payments — cybercriminals love them, too.
  9. “Murky” — The best and most prevalent description for making high-value, cross-border payments. But maybe not for much longer — at least if Flywire gets its way.
  10. Uber For Aerial Photography Drones  Something the world absolutely needs to exist.
  11. 56% — The percentage of shoppers in France who say they just aren’t ready to pay with a mobile device just yet. C’est la vie.