PYMNTS

SEPTEMBER 18, 2017

In 2012, we were five years into the smartphone revolution and most people thought we were crazy writing about the demise of physical retail. When we talk with retailers now, eCommerce is driving almost all of the conversation. That, he noted, will require some hard work for retailers that sell commodity-type goods.

Management 108

Management Retail Innovation Mobile 108

PYMNTS

OCTOBER 8, 2020

The company was founded in 2012 and has since been partnered with companies including Walmart and Expedia Group. Affirm, a point-of-sale (POS) lender, offers short-term loans that can be repaid in installments. It was valued at $2.9 billion in April 2019 but has seen boosts since then — first to over $5 billion, and then to near $10 billion.

Trends 251

Trends Online Groups Company 251

PYMNTS

SEPTEMBER 17, 2020

The privately-held FinTech was founded in 2012 as an installment loan provider for shoppers to finance a purchase. Other returning investors included Lightspeed Venture Partners, Wellington Management Co., Baillie Gifford, Spark Capital, Founders Fund and Fidelity Management & Research Co. million U.S.

San Francisco 178

San Francisco Fintech Maryland Capital 178

PYMNTS

JANUARY 18, 2021

Last week, Grab announced that its Grab Financial Group had raised $300 million in a Series A funding round led by Hanwha Asset Management and joined by K3 Ventures , GGV Capital , Arbor Ventures and Flourish Ventures. Founded in Malaysia in 2012, Grab is also known for its popular ridesharing and delivery services.

Fintech 198

Fintech US Groups Management 198

Gonzobanker

APRIL 23, 2020

In addition to standard CRE groupings of office properties (owner-occupied, multi-tenant, multi-family, retail/restaurant, industrial, land, etc.), If the institution is using this service in the AML and fraud departments, it might be wise to open these searches to loan officers managing their portfolios. Enlist outside assistance.

Management 79

Management Tampa Analytics Data 79

PYMNTS

MAY 12, 2020

A survey by the National Community Pharmacists Association last fall found the number of independent pharmacies fell by nearly 20 percent to 18,478 stores last year, down from 23,029 in 2012. For those retailers that remained open, owners told researchers their store’s financial health was poor.

Survey 200

Survey California Taxes Online 200

PYMNTS

MARCH 9, 2016

Everybody likes to talk about the addiction that brick-and-mortar retailers have developed for deep, and often destabilizing, discounts, and they usually point to store closings and executive board shakeups at Macy’s and other chains as clear proof of these practices’ consequences. Still, the label indicates that the $99.99

Retail 100

Retail Online New York Video 100

Chris Skinner

JULY 3, 2017

Here are the key highlights: Over the past five years customers’ activity on banking apps rocketed by 354%, with apps now an increasingly popular way to access current accounts rising from 21% of access in 2012 to 61% by the start of 2017. These changes have empowered customers in the way they choose to manage their finances.

Mobile 286

Mobile Cards Video Management 286

PYMNTS

JUNE 3, 2016

These days, retail merchants must reach customers, both in-store and online, securely and conveniently. According to Dasilva, the past decade-plus has brought three major payments revolutions, each of which shook the retail industry. There’s increasingly less middle ground between getting omnichannel right or fading into oblivion.

Retail 100

Retail Apple Fraud Online 100

PYMNTS

FEBRUARY 20, 2020

Lucaciu is the chief technology officer of Adore Me , an eCommerce and brick-and-mortar retailer that has adjusted to disruptive changes in its market, including the bankruptcy of the parent company of Victoria’s Secret. Since it was founded in 2012, the company has grown to a team of 140 employees across the U.S.

UX 210

UX Retail Technology Mobile 210

PYMNTS

OCTOBER 21, 2016

Retailers that are unable to call on substantial financial reserves are struggling in the current environment. Mobile shopping is growing and a key focus of retailers going into the holiday season. Mobile shopping is growing and a key focus of retailers going into the holiday season. Along with Claire’s Stores Inc.,

Retail 100

Retail Marketing Branding Austin 100

PYMNTS

FEBRUARY 21, 2020

LendingClub management said on the conference call that buying Radius provides access to capital beyond the traditional institutional investors that have helped fund the loans. Double-digit growth in eCommerce is expected to continue, as the retailer sees 30 percent gains in the current fiscal year. Home sales: In a sign that U.S.

Digital Banking 224

Digital Banking Conference Samsung Fintech 224

PYMNTS

MAY 27, 2016

Omnicommerce usually refers to where and how retailers sell their products, not necessarily who they choose to sell them with. From office supplies and communal workspaces to new ways to pay for concert tickets, more barriers to siloed retail activity are falling every day to the onslaught of retail partnerships.

Retail 100

Retail Las Vegas Millennials Conference 100

PYMNTS

AUGUST 4, 2019

Founded in 2012, Mumbai-based Fynd helps offline retailers sell their products to consumers directly through its online store, as well as allows them to connect with eCommerce platforms including Amazon India and Flipkart. In addition, Amazon is reportedly in talks to buy more than a quarter stake in Reliance Retail.

Retail 108

Retail Branding Industry Operations 108

PYMNTS

MAY 7, 2020

Valued at $190 million two years ago, Deliv has raised $85 million in venture capital since its founding in 2012, according to PitchBook Data Inc. The survey also revealed 39 percent of consumers shop for retail goods online more often than they did on March 6, the first day of the study, and that continues to climb — up 10.5

Google 177

Google Survey Capital California 177

PYMNTS

JUNE 20, 2016

By 2012, Ellison was instead touting the benefits of “the most comprehensive cloud on the planet Earth” his firm was developing. Oracle announced a similar partnership with Snapchat last week that will also be starting in consumer packaged goods before branching out more generally to all retailers. What is it? It’s complete gibberish.

Retail 101

Retail social media Data Software 101

PYMNTS

AUGUST 6, 2019

The sources added that the company is close to finalizing a deal with Gordon Brothers and Hilco Global for a 60-day loan that will give the luxury retailer time to find a buyer. That agreement, however, has not been sufficient to stem the losses, and it looks as though the retailer is running out of options.

New York 122

New York Retail Capital Company 122

PYMNTS

JANUARY 30, 2019

Panera Bread, in 2012, was one of the first companies to use the feature. If you look at our history, we started the company in 2012 as a consumer app,” Narang said. “We valued the restaurant management platform company at $1.4 Rowe Price New Horizons Fund Portfolio Manager Henry Ellenbogen said. Toast does this,” T.

Mobile 139

Mobile Apple Management Trends 139

PYMNTS

AUGUST 12, 2020

On the positive side is the retailing trade group the National Retail Federation ( NRF ). Neil Saunders, managing director of research firm GlobalData PLC’s retail division, projects $26.4 It’s retailers’ first big test. billion set in 2012. billion in spending for elementary and high school, down 6.4

Comparison 145

Comparison Retail Survey Washington 145

PYMNTS

MARCH 6, 2018

Today in PYMNTS data, call centers are putting customers at risk by having them read their sensitive information aloud, vertical farming systems could revolutionize urban produce output and consumers are dissatisfied with apparel and accessory retailers’ omnichannel offerings.

Data 100

Data Payments Survey System 100

PYMNTS

JANUARY 5, 2018

Once the largest retailer in the U.S., As of the end of October, Sears operated around 1,104 stores — about half of the 2,019 stores it possessed in 2012. The retailer has managed to use that — and some other innovations, like Sephora mini-stores — to help the firm to a better-than-expected 3.4

Retail 115

Retail Innovation Marketing Operations 115

PYMNTS

JUNE 2, 2016

Multi-channel retailing was supposed to solve the problems of retail’s past. A recent report from Retail Systems Research (RSR) found that 50 percent of retailers cited increased pricing awareness among consumers as a key challenge of their brands moving forward.

Trends 100

Trends Retail Strategy Resources 100

CB Insights

SEPTEMBER 15, 2017

In the face of an existential threat from e-commerce platforms like Amazon and Walmart ’s Jet.com , mall owners and real estate investment trusts with a core retail focus have explored private market investments in retail technology, e-commerce companies, and direct-to-consumer brands as a way of strengthening their core strategic business position.

Retail 55

Retail Marketing Groups Branding 55

PYMNTS

MAY 2, 2018

The partnership, which has been in place since 2012, focuses on providing a way for eBay sellers in the U.S. based eBay sellers are able to access millions of buyers worldwide, while Pitney Bowes helps manage the complexities of cross-border eCommerce transactions and shipments. Through the program, U.S.-based

Online 124

Online Taxes US Meeting 124

PYMNTS

DECEMBER 5, 2018

Going forward, ABEJA and Google will collaborate on AI and ML solutions across various sectors, including retail and manufacturing, driving the application of AI solutions, along with further growth in the Japanese AI sector,” the company said in a statement. The deal is a strategic one, according to ABEJA.

Google 101

Google Company Retail Maine 101

PYMNTS

DECEMBER 17, 2019

But even more notably, 84 percent fail due to poor cash flow management that kicks off the series of events leading to their doors closing. Managing cash flow can be tricky work when one is new to the market or looking to expand because cash is in short supply. CircleUp is retail- and CPG-focused. The first is focus.

Lending 132

Lending Data Retail Capital 132

PYMNTS

MAY 7, 2020

The characterization of the future of the American mall cuts across many opinions and datasets, but the fact remains that in many cases, it is a fixture of brick-and-mortar retail. I think retailers and restaurants need to do a good job of publicizing the steps they’re taking to make sure that their establishments are clean and safe.”.

Retail 175

Retail Georgia Atlanta Examples 175

Bank Innovation

JUNE 21, 2016

Since 2012, it has been the fastest growing technology in banking. That’s the word out of Digital Banking 2016 here, where bankers outnumber entrepreneurs (but not vendors). The mobile banking app traces its roots to SMS banking back in 1999. But it comes with Read More.

Digital Banking 199

Digital Banking Mobile Technology Operations 199

PYMNTS

OCTOBER 22, 2020

This has all accelerated during the pandemic, and the economic uncertainty has created additional stress for retailers and consumers.”. And now, it seems, the startup is looking to widen its purview beyond retail transactions and move into offering banking services to its large, and highly loyal, consumer base.

Trends 193

Trends Payments Retail Meeting 193

PYMNTS

APRIL 21, 2016

One of the biggest stories of the holiday season was the hit that legacy department stores took when warm winter weather and continued consumer moves toward online retailers disrupted everything from revenue streams to inventory management. Though it posted more modest gains, Best Buy won for electronics retailers.

Branding 100

Branding Retail Video Study 100

CB Insights

DECEMBER 19, 2017

Modern-day retail is at an inflection point as retailers face struggling physical storefronts, massive debt, and inefficient operations, among other issues. Formerly beloved brands such as Aeropostale, American Apparel, and PacSun bit the dust in 2016, and the pace of retail deaths has accelerated since then.

Retail 78

Retail Branding Company Capital 78

Celent Banking

JUNE 22, 2017

The Italian cruise ship Costa Concordia capsized and sank after striking an underwater rock off Tuscany, in January 2012, resulting in 32 deaths. In retail for example, there have been an abundance of headlines trumpeting the growth of digital commerce alongside struggling same-store sales at brick-and-mortar locations.

Study 125

Study Community Bank Trends Analysis 125

PYMNTS

JUNE 5, 2017

In the retailer’s latest move, it’s looking to change public perception with two new hires to boost its digital initiatives. Starting at the company in 2012 as Macy’s VP of engineering, Anwar founded MacysLabs. Yasir Anwar was internally promoted to Macy’s executive VP and CTO.

Customer Experience 100

Customer Experience User Experience Leadership Retail 100

PYMNTS

MARCH 24, 2016

If Nordstrom is looking to strengthen its eCommerce capabilities, the retailer certainly looked to the right place in a recent hire. In announcing Srinivasan’s hiring, shares CSA, Nordstrom highlighted its new CTO’s experience developing “highly innovative customer-focused outcomes” and cloud expertise.

User Experience 100

User Experience Retail Software Technology 100

PYMNTS

NOVEMBER 20, 2019

But not everyone has lost faith in malls, with two of the largest money managers, Putnam Investments and AllianceBernstein Holding LP , holding a more positive outlook for the industry. Retail malls have also been looking at innovative ways to lease out their space.

Minneapolis 100

Minneapolis United States New York America 100

PYMNTS

JANUARY 4, 2019

Juniper Research , for example, has estimated that retailers will lose as much as $130 billion in card-not-present (CNP) fraud through 2023 — as tech gets more complex and transactions are done across borders. It’s no surprise that payments fraud is on the rise. Then again, the fraud may be a bit more low-tech and on-site.

Fraud 158

Fraud North Carolina Payments Minneapolis 158

PYMNTS

JUNE 21, 2019

Existing investors in the company include CMIG Leasing, China Minsheng Investment Group, Tiger Global Management and CLSA. It was founded in 2012 and said that it handles $500 million in loans every month for 4 million borrowers in retail. Dianrong is headquartered in Shanghai and it’s a privately held company.

Lending 100

Lending Capital Maine Groups 100