Escalation of commitment

Escalent Names 31 Utilities as Environmental Champions, Recognizing Their Dedication to the Environment This Earth Day

Retrieved on: 
Friday, April 22, 2022

Since 2014, Escalents Environmental Dedication score comprises customer ratings of utility actions to build strong environmental stewardship.

Key Points: 
  • Since 2014, Escalents Environmental Dedication score comprises customer ratings of utility actions to build strong environmental stewardship.
  • Among those actions, customers rate utilities highest on providing programs and tools that help them lower their energy consumption and on being committed to clean energy.
  • On this Earth Day, Escalent congratulates the Cogent Syndicated 2022 Environmental Champion utilities.
  • The 31 utilities below stand out among the 140 utilities surveyed for winning high marks from their customers for their environmental stewardship.

Understanding and Acting upon Consumers' Preferences for Debit Cards

Retrieved on: 
Tuesday, April 5, 2022

BOSTON, April 5, 2022 /PRNewswire-PRWeb/ -- Mercator Advisory Group's most recent report, Consumer Payment Choice: Understanding Debit Card User Preferences, pulls from a wealth of primary data to form an overview of the typical debit card user. Looking at consumers who indicate a preference for debit transactions, the report reveals key demographic traits of those most likely to rely on their debit cards.

Key Points: 
  • BOSTON, April 5, 2022 /PRNewswire-PRWeb/ -- Mercator Advisory Group's most recent report, Consumer Payment Choice: Understanding Debit Card User Preferences , pulls from a wealth of primary data to form an overview of the typical debit card user.
  • Looking at consumers who indicate a preference for debit transactions, the report reveals key demographic traits of those most likely to rely on their debit cards.
  • The report then goes on to explore the many use cases for debit cards, providing insights into the consumer segments most likely to use debit in particular circumstances.
  • Embedded within this analysis are recommendations for debit card issuers and processors intended to support customer engagement and debit utilization.

Identity Fraud Losses Total $52 Billion in 2021, Impacting 42 Million U.S. Adults

Retrieved on: 
Tuesday, March 29, 2022

Further, the number of adults in the United States impacted by traditional identity fraud grew more than 50%, reaching more than 15 million victims.

Key Points: 
  • Further, the number of adults in the United States impacted by traditional identity fraud grew more than 50%, reaching more than 15 million victims.
  • Taken together, identity fraud losses totaled $52 billion and affected 42 million U.S. adults.
  • The individual impact of identity fraud grew more severe in 2021, as the average per-victim loss from traditional identity fraud rose by $201 to $1,551, while identity fraud scams claimed $1,029 per victim.
  • The 2021 losses are staggering and underscore how damaging identity fraud has become, said Kathy Stokes, director of Fraud Prevention Programs at AARP.

The Cost of Fraud: B2B Payments Experience 10% Increase During the Pandemic

Retrieved on: 
Tuesday, March 29, 2022

BOSTON, March 29, 2022 /PRNewswire-PRWeb/ -- Mercator Advisory Group released a report covering fraud in commercial payments titled The Cost of Fraud: B2B Payments Experience 10% Increase During the Pandemic. The research explores the impact of fraud with particular emphasis on the B2B payments space. Through an analysis of internal and external fraud, one can gain a deeper understanding of the most common types of fraud schemes, what payment types are subject to the most payments fraud, and how the industry is fighting back. The report also explores the rise in business email compromise (BEC) fraud and new ways that fraudsters are targeting organizations.

Key Points: 
  • New research from Mercator Advisory Group explores increasingly sophisticated trends in commercial payments fraud and provides fraud prevention strategies.
  • BOSTON, March 29, 2022 /PRNewswire-PRWeb/ -- Mercator Advisory Group released a report covering fraud in commercial payments titled The Cost of Fraud: B2B Payments Experience 10% Increase During the Pandemic.
  • The research explores the impact of fraud with particular emphasis on the B2B payments space.
  • Mercator Advisory Group is also the publisher of the online payments and banking news and information portal PaymentsJournal.com.

Mercator Advisory Group Releases Payments Industry Research: Payment Fraud - The Consumers' Perspective

Retrieved on: 
Thursday, March 24, 2022

BOSTON, March 24, 2022 /PRNewswire-PRWeb/ -- Mercator Advisory Group's most recent report, 2022 Fraud Experience PaymentsInsights: Payment Fraud - The Consumers' Perspective, examines payment methods in relation to fraud, the dollar value of fraud incidents, types of fraud experiences, identity theft-related fraud, consumers' experience with resolving fraud cases, as well as consumers' attitudes, not only about fraud but also about the financial institutions they use for banking and bill paying services.

Key Points: 
  • BOSTON, March 24, 2022 /PRNewswire-PRWeb/ -- Mercator Advisory Group's most recent report, 2022 Fraud Experience PaymentsInsights: Payment Fraud - The Consumers' Perspective , examines payment methods in relation to fraud, the dollar value of fraud incidents, types of fraud experiences, identity theft-related fraud, consumers' experience with resolving fraud cases, as well as consumers' attitudes, not only about fraud but also about the financial institutions they use for banking and bill paying services.
  • Highlights of the report, 2022 Fraud Experience PaymentsInsights: Payment Fraud - The Consumers' Perspective:
    This report in slide form is 60 pages long.
  • Mercator Advisory Group , part of the Escalent family, is the leading independent research and advisory services firm exclusively focused on the payments and banking industries.
  • Mercator Advisory Group is also the publisher of the online payments and banking news and information portal PaymentsJournal.com.

The Growth of Real-time and Faster Payments Is Driving Consumer Demand

Retrieved on: 
Monday, March 21, 2022

Faster Payments Forecast: A Year to Build On .

Key Points: 
  • Faster Payments Forecast: A Year to Build On .
  • Following through on the pandemic fueled growth in 2020, more financial institutions and technology providers integrated to faster and real-time rails, launched new products, and advanced their strategies.
  • This leads to a compounding effect that is creating greater demand for faster payments in more use cases," comments Sarah Grotta, Director, Debit and Alternative Products Advisory Service at Mercator Advisory Group and author of the report.
  • Mercator Advisory Group is also the publisher of the online payments and banking news and information portal PaymentsJournal.com.

Mercator Advisory Group Releases Payments Industry Research - The Rise of Digital Payments Emerging from COVID

Retrieved on: 
Friday, March 18, 2022

BOSTON, March 18, 2022 /PRNewswire-PRWeb/ -- Mercator Advisory Group's most recent report, 2022 North American PaymentsInsights, Canada: The Rise of Digital Payments Emerging from COVID , analyzes the impact of COVID within Canada on consumer payment preferences.

Key Points: 
  • BOSTON, March 18, 2022 /PRNewswire-PRWeb/ -- Mercator Advisory Group's most recent report, 2022 North American PaymentsInsights, Canada: The Rise of Digital Payments Emerging from COVID , analyzes the impact of COVID within Canada on consumer payment preferences.
  • At the same time, we are seeing emerging technologies such as peer-to-peer payments making a large impact on the consumer payment market," says Amy Dunckelmann, VP, Research Operations at Mercator Advisory Group.
  • Mercator Advisory Group , part of the Escalent family, is the leading independent research and advisory services firm exclusively focused on the payments and banking industries.
  • Mercator Advisory Group is also the publisher of the online payments and banking news and information portal PaymentsJournal.com.

99minutos Raises $82 Million Series C Round Led by OAK HC/FT

Retrieved on: 
Wednesday, March 2, 2022

Since its last funding round in May 2021, 99minutos' operation and business has grown threefold.

Key Points: 
  • Since its last funding round in May 2021, 99minutos' operation and business has grown threefold.
  • This incredible acceleration requires logistics infrastructure to scale accordingly, in addition to the need for specialized services across the entire supply chain.
  • To address these needs, 99minutos will continue to grow its core last-mile delivery business, as well as expand its suite of services for e-commerce logistics.
  • The firm is industry and stage agnostic, mainly investing in Seed, Series A and Series B.

Annuities Gain Momentum with New, Unexpected Audience - Young, Affluent Investors

Retrieved on: 
Tuesday, March 1, 2022

The study found significant growth in interest for annuities among young, affluent investors.

Key Points: 
  • The study found significant growth in interest for annuities among young, affluent investors.
  • As a result, one-third (34%) of ready-to-act affluent investors are considering ways to purchase annuities independent of their traditional advisor.
  • Because providers seldom offer annuities directly to investors, the infrastructure to harness their interest just doesnt exist, added York.
  • Cogent Syndicated conducted an online survey with 469 financial advisors and 3,054 affluent investors in August of 2021.

Pinnacle West Reports 2021 Full-Year and Fourth-Quarter Results

Retrieved on: 
Friday, February 25, 2022

For the quarter ended Dec. 31, 2021, Pinnacle West reported consolidated net earnings attributable to common shareholders of $27.6 million, or $0.24 per diluted share.

Key Points: 
  • For the quarter ended Dec. 31, 2021, Pinnacle West reported consolidated net earnings attributable to common shareholders of $27.6 million, or $0.24 per diluted share.
  • Pinnacle West management will host a live webcast and conference call to discuss financial results and recent developments at 11 a.m.
  • Several factors could cause future results to differ materially from historical results, or from outcomes currently expected or sought by Pinnacle West or APS.
  • Neither Pinnacle West nor APS assumes any obligation to update these statements, even if our internal estimates change, except as required by law.