Black Swan news and trends

Black Swan Events: Lessons Learned From COVID-19
Coronavirus // April 30, 2020

“By acting on consumer preferences, technology adoption and macro- trends — not simply paying lip service to them — financial institutions will be far better prepared to weather these types of transformative disruptions,” Jumio Chief Product Officer Philipp Pointner told PYMNTS. Learn how Jumio uses...

The Need To Adapt To Ride Out The Storm
Coronavirus // April 29, 2020

“If payment execution itself is manual, firms can expect disruption. If third parties use manual labor to execute payments, there will be disruption,” Tipalti CEO and Co-founder Chen Amit told PYMNTS. “To the extent possible, it’s best to use fully automated systems that minimize manual...

Technology Is Helping FIs Build Resilience And Battle Black Swans
Innovation // April 29, 2020

The trouble with black swan events is that no two of them look alike, so preparing for them is a dicey business. The unforeseen, global seismic events that touch every aspect of daily life tend to leave things forever changed. That’s especially true for financial...

Why Direct-to-Consumer Payment Models Will Become A Mainstay
Coronavirus // April 28, 2020

“Payment solutions providers are likely to see an increase in DTC spending and demand, and they should prepare now to help facilitate a smooth transition,” RS2 CEO Daniela Mielke told PYMNTS. “This virus may be contained in a few months, but the long-term impact to...

Interviews & Exclusives
Finance Teams Sharpen the Pencil as More Black Swans Appear

April 26, 2023
Ongoing macro challenges and a softening economic landscape have brought operational priorities into stark focus. “I think thematically, we’re seeing an economy in transition,” said Brian Caldarelli, EVP, chief financial officer at PSCU, during a recent interview for “PYMNTS CFO Series: What’s Different?” “Coming out of the 2008 financial crisis, the Fed turned on the […]

Technology Is Helping FIs Build Resilience And Battle Black Swans

April 29, 2020
The trouble with black swan events is that no two of them look alike, so preparing for them is a dicey business. The unforeseen, global seismic events that touch every...