Deerwood Bank’s Post

Kinder Bueno Mini Bag https://wتww.iننnstacaنTrump's deficit spending was the worst of all presidents in the history. It was because of Trump's reckless spending that caused high inflation last time. Biden/Harris finally got inflation down to 2 percent range. And interest rates are finally coming down. As long as we keep reckless bankruptcy king Trump away from White House, we will get better and better. People should understand Trump will not care if U.S. goes bankrupt. Last time when we had budget impasse, Trump even said let us not pay back the U.S. debts and see what will happen. Trump’s companies have filed for Chapter 11 bankruptcy protection many times. Trump’s Taj Mahal opened in April 1990 in Atlantic City, but six months later defaulted on interest payments to bondholders as his finances went into a tailspin. In July 1991, Trump’s Taj Mahal filed for bankruptcy. He could not keep up with debts on two other Atlantic City casinos, and those two properties declared bankruptcy in 1992. A fourth property, Plaza Hotel in New York, declared bankruptcy in 1992 after amassing debt. Two more bankruptcies filed after 1992. Trump Hotels and Casinos Resorts filed for bankruptcy again in 2004, after accruing about $1.8 billion in debt. Trump Entertainment Resorts also declared bankruptcy in 2009. Trump caused U.S. deficits into record big hole already. Another 4 years with Trump, we may just get hyperinflation, even higher interest rates and U.S. may even be broke just like some Central America https://lnkd.in/dgytPxFp

You can't pay with a tap at Home Depot. I can't tell you how many times I've left the house, realized I didn't have my wallet, and gone to Lowes instead. I suspect this is a great example of data-backed decision making gone wrong. Let me break that down: I almost never carry physical cards anymore; Apple Pay on my watch is ubiquitously accepted. My corner bodega takes a tap. My pet store takes a tap. Parking meters take a tap. So even though Home Depot is the brand I think of first when I have a hardware need, they've probably lost $4-5k on me over the last two years since I became a homeowner; all. over. a stupid. tap. And I know what you're thinking— Home Depot isn't afraid of little old me. But in 2022, 42.6% of the global population used a digital wallet to some extent. 53% of Americans report using digital wallets more than physical cards, according to Forbes. It's safe to say I'm not the only one who tends to leave their wallet at home. So I can't say how much, but I can make a pretty strong guess that Home Depot's losing way more money than mine over their decision not to accept tap payment methods. Here's the rub: I'm guessing Home Depot can't say how much, either. After all, it's hard to measure how much money turned around in the parking lot 💸 If you'll allow me a couple more educated guesses: - Replacing all Home Depot card readers across all stores to enable tap to pay probably comes at an astronomical cost - Apple, specifically, does not allow the merchant to crawl and store my data. Frankly, given I'm a fairly regular shopper with an account (that I created of my own free will) and I've never received a single piece of marketing or personalization from Home Depot, I'm guessing they just need this data to make more data at the data factory 🧐 👔 So there you have it: Two concrete points that can be associated with direct monetary value telling Home Depot to keep on keepin' on. And one murky hypothesis about forgotten wallets and conveniently located competitors saying maybe it's time to modernize. I'll admit, I think about Home Depot's card readers way more often than is healthy. When we only look at what can be measured, we tend to miss the big ideas. The trends. The zeitgeist. The evolution of population-level behavior. And maybe, if you're Home Depot, way more money than they'd spend replacing card readers, or make selling my data (The Home Depot if you read this please confirm you're not, in fact, selling my data).

Data vs. its impact on decision-making In daily tasks, we see how data shapes our strategies and solutions. But data isn't just about numbers - it's about the stories they tell and the decisions they drive. So maybe we should consider this: in our journey to optimise IT solutions, we often look at metrics like system performance, user engagement, and ROI. These figures are super important, but they’re only part of the picture. What about the human aspect? How do our solutions impact the people using them? Are we fostering an environment where technology enhances life, not complicates it? A recent example from Molly Falco about her surprise with a major retailer not accepting tap-to-pay got me thinking. Despite the data suggesting high costs for new card readers, the retailer missed a bigger picture: the growing reliance on digital wallets. By not adapting, they potentially lost thousands in sales. So sometimes, the most valuable insights come from the 'squishy' data - the human experiences and feedback that numbers alone can't capture. It’s about balancing hard data with empathy and understanding. As we innovate and develop new technologies, we shall ask more often: How are we making life better for our users? What are the real-world impacts of our decisions? #DataDriven #TechInnovation #ITDevelopment #DecisionMaking

Cash remains important for several reasons: 1. Universal Acceptance: Cash is widely accepted and can be used for transactions anywhere, making it a reliable payment method. 2. Privacy and Anonymity: Cash transactions do not require personal information, providing privacy that digital payments may not. 3. Financial Inclusion: For those without access to banking services, cash is essential for daily transactions and economic participation. 4. Budgeting Control: Using cash can help individuals manage their spending more effectively, as it’s easier to see how much is being spent. 5. Economic Stability: Cash acts as a buffer during economic downturns or crises when digital systems may be disrupted. 6. No Transaction Fees: Cash transactions do not incur processing fees, making it cost-effective for both consumers and businesses. Overall, cash plays a critical role in the economy by facilitating transactions and supporting financial security.

Is the Move Toward a Cashless Society Really Progress? As reported in a recent USA TODAY article, Paul Dickson, an 85-year-old Orioles fan, went to buy a beer at Camden Yards. His $20 bill? Useless. The stadium had gone cashless. This isn’t just about efficiency and convenience for vendors—it's also about fairness and choice for customers. When we remove cash as an option, who represents customers’ interests? Yes, digital payments are fast and easy, but we must ask ourselves: Are we serving ALL consumers? What about the millions who don’t have digital payment apps or credit cards or those who prefer cash for budgeting purposes, privacy or safety? According to the latest 2024 Diary of Consumer Payment Choice, put out yearly by the Federal Reserve Financial Services, over 28% of low-income households still rely on cash for their purchases. Why should anyone be denied a hotdog or refreshment at the ballpark just because they want to pay with cash, the U.S. government's only officially designated “legal tender “? We can embrace innovation, but let’s ensure that progress doesn't come at the expense of inclusivity and fairness. Sweden, Australia, and other countries that rushed into the digital payment world are now stepping on the brakes, realizing the unintended negative consequences of going cashless. Finding the right balance is key! Giesecke+Devrient is proud to contribute to the conversation on how to promote efficiency, fairness, and safety in both digital and cash transactions. #Leadership #FinancialInclusion #ConsumerChoice #InnovationWithPurpose #PrivacyProtection Read the full article here: https://lnkd.in/eQb4TcFT

A striking 82% of consumers surveyed expressed that Buy Now Pay Later (BNPL) significantly alleviates their financial stress at checkout. As economic pressures rise, BNPL emerges as a preferred solution, particularly among Millennials and Gen Z preparing for significant life events this summer. Partner with Velera to integrate BNPL solutions and meet members where they are with innovative financial offerings that enhance satisfaction and promote financial wellness.

Think about the last time you went shopping. 🛍️ Everything is going smoothly until... you come to the checkout process. 🏷️ It's frustrating, right? Well, at Speaks Financial Group, we understand that a seamless transaction experience is instrumental to success in the world of small merchants. It's not just about the art of the sale; it's about smooth sailing from browsing to purchase.⚙️ 📈 We're here to offer you that smooth sail so you can focus more on your passion, do what you do best and let us handle the transaction magic! Share your seamless transaction experience with us!✨ #SFG #SmoothTransactions #SmallMerchantsWin.

If you think the world is all about digital convenience now, you're only seeing half the picture. Yes, we live in the age of one-click shopping, endless scrolling, and lightning-fast delivery. But here’s the wild thing - people are craving real-world experiences more than ever. It’s not just about buying stuff. It’s about feeling something. Even in finance - yes, finance - people don’t want a faceless transaction. They want peace of mind. They want a journey. And the companies that understand this, that know how to give their customers a real experience, are the ones that win. I’ll tell you why. Despite e-commerce taking over the world, 58% of consumers still see shopping as entertainment. Think about that. In a world where you can order anything with a swipe, most people still want to walk into a store, touch things, and feel connected.  Why? Because humans are wired for connection, for real interactions. And this isn’t just true for retail. It's true in every business. Especially in finance. At Burns Funding, we realized a long time ago that offering money isn’t enough. We could hand someone a check and say, “Good luck.” But that’s not what people want. They want to be heard. They want to be understood. They want to know that the solution we’re giving them is the solution for them. We don’t sell loans. We sell peace of mind. We make funding feel like a conversation, not a transaction. It’s about making every client feel like their success is just as important to us as it is to them. Because it is. And here’s the crazy part: the businesses that can pull this off, whether they’re selling shoes or securing capital for entrepreneurs, are the ones that will dominate. The future isn’t about being faster or cheaper. It’s about being real, being human. People don’t remember the things they bought. They remember how you made them feel. So, here’s the question: What kind of experience are you giving your customers? Because in 2024, that’s what will separate the winners from the rest.

Why just spend when you can maximize? 💸✨ In today’s world, we’re all about getting the most out of our purchases. Whether it’s stacking up those rewards, enjoying special perks, or snagging that extra bit of savings, we’re always on the lookout for ways to make our money work smarter. That’s where Monet steps in—helping you turn everyday transactions into extraordinary benefits. This season, take your shopping game up a notch with extra rewards and more reasons to celebrate every spend. Why settle for less when you can maximize every moment? Join our waitlist and start transforming the way you shop, save, and earn. The future of smart spending is here. 🚀 Click to join the waitlist 👉 https://lnkd.in/gqdkNDKR #SmartSpending #CustomerLoyalty #SeasonOfSavings #ExtraRewards #FinancialFreedom #SpendSmarter Abhay Mishra, Abhay Tandon Anuj Kumar, Tanuj M., Ankit Kumar Sharma, Tanay Gandhi, Saumya Singh, Ritika Garud, Haedarah Ali, Nainish Rai

A striking 82% of consumers surveyed expressed that Buy Now Pay Later (BNPL) significantly alleviates their financial stress at checkout. As economic pressures rise, BNPL emerges as a preferred solution, particularly among Millennials and Gen Z preparing for significant life events this summer. Partner with Velera to integrate BNPL solutions and meet members where they are with innovative financial offerings that enhance satisfaction and promote financial wellness.