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Supply Chain Bottlenecks Impact Shipments To Stores, Warehouses

PYMNTS

The Hackett Associates and National Retail Federation Global Port Tracker report registered the highest volume in August on the books going back to 2002. In August, international container shipping volumes were up 34.2 percent as compared to February, WSJ reported, citing Container Trade Statistics.

National 161
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Airlines Follow British Airways‘ Lead In Halting China Flights

PYMNTS

The virus has so far killed 132 people in China; confirmed cases hit roughly 6,000, the country’s National Health Commission said. In this global economic age — where money, people and public health risks move across borders — food, retail, travel and other industries are taking a financial hit.

National 130
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The Buyers: Generation Z’s Shopping Preferences

PYMNTS

Generation Z are the next up-and-coming group of shoppers who retailers are turning to for the future of retail. Yes, those born between 1994 and 2002 are starting to push millennials over in terms of shaping commerce and eCommerce trends. Get ready, retailers.

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Walmart May Be Looking To Sell Off Its Japanese Business

PYMNTS

According to FT reports, Walmart has been approaching bankers to explore an exit by sale from Japan, as the international retail giant is seeking to divest itself of the struggling Seiyu supermarket chain. Walmart first purchase Seiyu in 2002, but has faced difficulties gaining traction in the extraordinarily challenging Japanese market.

eBook 100
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Fintech Hall of Fame: The Top Digital Innovations in Financial Services

Fintech Labs Insights

Innovations from 1995 to 2014 (with launch dates) Note: Ranking as of Jan 2014 Wells Fargo is first in the world to offer Web-statement access (launched May 1995) Security First Network Bank launches first full-service Internet bank brand (Oct 1995, disbanded 2002) PayPal launches first online optimized payment system (Nov 1999, bought by eBay in 2003) (..)

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Impact of Covid-19 Felt in the Shared National Credit Reviews Released by Bank Regulators

Perficient

” SNC (pronounced like the candy bar but without the “ers”) stands for the Shared National Credit Program, which, since 1977, has assessed risk in the largest and most complex credits shared by multiple regulated financial institutions. percent vs 22.3 percent) subject to negative review was substantially lower.

National 309
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The Niche Bank

Jeff For Banks

Interestingly, Kelly started what would end up being EnerBank at Baltimore's First National Bank of Maryland (now M&T Bank ), a former employer of mine in the mid 1990's. First National divested the unit because it didn't fit their definition of "community banking". How has EnerBank done since it opened its doors in 2002?