PYMNTS

FEBRUARY 21, 2018

Walmart acquired Jet.com for roughly $3 billion in September 2016, followed by a series of eCommerce investments throughout 2017, including Bonobos, ModCloth and Moosejaw. We had a few operational issues from an inventory replenishment perspective.”. and around the world. “We’ll McMillon predicted.

Online 100

Online Taxes Branding Retail 100

Bank Innovation

MARCH 10, 2016

Chase’s new online banking portal takes a page — or hundreds of pages, rather — from its mobile app, which is the nation’s most popular bank app with more than 22 million users. The site, developed over the course of 18 months, is being rolled out in stages throughout 2016, with Read More.

Mobile 150

Mobile Course National Online 150

PYMNTS

OCTOBER 6, 2019

After the acquisition, ModCloth will continue to operate out of its current operational set up, with Go Global Retail investing in its digital capabilities including artificial intelligence and predictive analytics. Walmart acquired the assets and operations of ModCloth in March 2017 for an undisclosed amount.

Retail 129

Retail Branding Strategy Digital Strategies 129

South State Correspondent

MAY 9, 2022

In our previous article ( HERE ), we reviewed the banking industry’s cost of funding earning assets (COF), and we compared how community banks’ COF behaves relative to national banks in a rising interest rate cycle. These online institutions were either absent or held minimal deposits in previous tightening cycles.

Community Bank 195

Community Bank Community Industry Online 195

PYMNTS

FEBRUARY 24, 2017

National department store chain Kohl’s recently released its fourth-quarter financial earnings for 2016. While online order volumes were strong in Q4, slowing traffic to physical stores led to overall weak sales results for the end of 2016 to January 28, 2017. Kohl’s same-store sales also dropped in Q4, falling 2.2

Online 116

Online National Branding Management 116

PYMNTS

OCTOBER 21, 2019

Spanish lender Santander is planning to launch an online deposit platform in the U.S., The bank is planning to roll out a “national deposit gathering platform” in 2020 to reel in more attractive rates for its consumer business, Scott Powell, chief executive officer (CEO) of Santander in the U.S., told the FT. percent deposit rates.

Metro 101

Metro US Online National 101

Perficient

MAY 27, 2022

Since 2014, New York has only allowed crypto companies to operate in the state if they obtain a BitLicense, and even then, licensed companies are limited in the types of digital assets they can sell. For instance, Coinbase can only offer about half the coins available on its platform to New York customers.

cryptocurrency 332

cryptocurrency Regulation Management Bitcoin 332

PYMNTS

APRIL 30, 2018

National Small Business Week is this week in the U.S., But analysts from Bank of America, Square, Navcom and the National Association for the Self-Employed warn that challenges for some SMBs have reached new heights, too. Only 6 percent bank with online banks, while 18 percent use community banks and 15 percent use credit unions.

Taxes 144

Taxes America National Community 144

PYMNTS

AUGUST 29, 2016

26) they seized around €1 million earlier in 2016 in connection with a operation that was being run on an online dark market. In a report by CoinDesk , a representative of Finland’s customs office said the online drug site was named Valhalla, which has been in operation since Oct.

Online 101

Online National Operations California 101

PYMNTS

JANUARY 4, 2017

Amazon has just launched a test version of a new P2P marketplace in India , which will allow consumers in the country to sell their used items via Amazon’s online retail platform. As of now, the service is only operational in the city of Bangalore. billion a prime target for online retail giant Amazon.

Video 109

Video National Online Retail 109

PYMNTS

MAY 22, 2019

The online retailer has already been looking to raise capital at a valuation of about $2 billion, and the acquisition of ShopClues could help its funding efforts. For its part, ShopClues raised nearly $150 million in funding in 2016 to reach a billion-dollar valuation, becoming the seventh Indian startup firm to join the unicorn club.

Meeting 116

Meeting Capital Policies Compliance 116

PYMNTS

FEBRUARY 13, 2017

million last month to purchase the retail condo housing Murray’s flagship store, affiliated classrooms, as well as its catering and event operations. Murray’s Cheese and Kroger have been partners for nearly a decade, with the national grocer selling the cheese shop’s products in its supermarkets. percent of U.S.

New York City 123

New York City Millennials New York Online 123

PYMNTS

AUGUST 24, 2019

As new PYMNTS research documents, over the past year, 18 Major League Baseball (MLB), National Basketball Association (NBA), National Football League (NFL) and Major League Soccer (MLS) arenas have deployed biometric solutions by CLEAR. million people in 2016 to 17.2 Attendance at NFL games declined from approximately 17.8

Payments 161

Payments social media Mobile Seattle 161

PYMNTS

JANUARY 25, 2018

Fiverr , the online marketplace that enables companies to hire freelancers, is acquiring AND CO , another startup that provides support tools for freelancers. Terms of the deal were not disclosed, but TechCrunch noted that AND CO has raised $2 million in seed funding, with Thrive Capital leading the round back in 2016.

Tools 101

Tools Capital Online Community 101

PYMNTS

FEBRUARY 24, 2020

Financial institutions (FIs) and merchants from other regions have been dipping their toes into the Chinese market, but open banking has compounded the difficulty involved in setting up operations. as they upgrade their online data and financial rules to support global digital banking innovations. The law is still ambiguous.

Regulation 160

Regulation Policies Data Compliance 160

PYMNTS

SEPTEMBER 23, 2019

To-go service is getting more important, and online ordering still needs to be made simpler. As PYMNTS readers know, the QSR industry is undergoing historic innovation and disruption — and the latest financials from one of the largest and most successful QSR operators show where the trends are headed for late 2019 and the 2020s.

Innovation 155

Innovation Mobile Trends Operations 155

PYMNTS

MAY 9, 2017

Likewise, earnings per share (EPS) and net income hit well above expectations, with the online retail giant raking in $1.48 ………………………………… One area (of many) where Amazon looks to grow quickly is in the online sale of apparel. on the first of May. .

Online 100

Online Retail National Marketing 100

PYMNTS

APRIL 6, 2017

The Germany-based company specializes in online receivables auctions, facilitating the selling of national and international trade receivables, reports said. According to reports, TrustBills is looking to expand internationally; in 2016, the firm saw a separate investment by DZ BANK. percent in FinTech company TrustBills.

National 100

National Report Tools Management 100

PYMNTS

NOVEMBER 8, 2018

A number of prominent voices in Europe — among them Germany’s finance minister — have called for a parallel payments system that would operate, presumably, beyond the scope of U.S. They were reconnected in 2016. As has been reported in this space and elsewhere, tensions over payments infrastructure have been brewing since the summer.

United States 203

United States System National ATM 203

PYMNTS

SEPTEMBER 21, 2020

Reuters reported late last week that sugar and ethanol producer Tereos was fined $459,000 by the nation's Directorate General for Competition, Consumption and Fraud Prevention (DGCCRF) for delaying supplier payments. Yet in France, the government has just issued a fine against one company for late payments.

Payments 219

Payments Report Video Company 219

PYMNTS

FEBRUARY 19, 2018

News came Friday that Special Counsel Robert Mueller unsealed indictments against 13 Russian nationals and three Russian businesses, over alleged interference in the 2016 U.S. That’s because the indictments allege malfeasance that spans online transactions, banking and the ever-present specter of identity theft. social media.

Fraud 120

Fraud Data social media Security 120

PYMNTS

MARCH 15, 2017

International food retail group Ahold Delhaize (AD) saw a minor upward push in the past week, though a broader view shows prices down overall compared to all-time highs in July 2016. For 2016, the grocer saw annual sales increase 6.9 percent for the year, and net income was also up for 2016, rising 6.7 billion ($27.8

Marketing 100

Marketing Trends Online Retail 100

PYMNTS

OCTOBER 1, 2018

SMBs are too unfamiliar with alternative finance to turn to online players. That’s slightly up from 2016 figures, and remains the most common use of financing for small business borrowers. small businesses, instead, first turn to national or community banks, credit unions or online lenders, the research showed in U.S.

Lending 115

Lending Survey Data National 115

PYMNTS

NOVEMBER 6, 2020

In the case of Petco, which was taken private for $4 billion in 2016, the pandemic has been both a challenge and an opportunity for a company that had already been working to ramp up its digital business. But beyond traditional brick-and-mortar pet stores, online retailers continue to do well. The Digital Players Dig In .

Company 166

Company San Diego Pennsylvania United States 166

PYMNTS

SEPTEMBER 16, 2019

According to the new PYMNTS Order To Eat Tracker , the volume of mobile app orders rocketed 130 percent from 2016 to 2018, and the overall mobile order market value is set to reach $38 billion by 2020. Domino’s , for instance, keeps investing in technology to assist franchisees as well as operators. The projected share of U.S.

Innovation 192

Innovation Mobile Groups Indiana 192

CFPB Monitor

DECEMBER 5, 2022

Any vehicles sold online, including through www.carmax.com or the CarMax mobile app, must also clearly and conspicuously disclose on the first page of the overall description of the vehicle or vehicle history report that the vehicle may be subject to an open recall for safety issues that have not been repaired.

Rhode Island 78

Rhode Island West Virginia South Carolina North Carolina 78

PYMNTS

AUGUST 13, 2020

The already-sizable online entertainment sector is growing quickly as consumers who are staying at home during the pandemic turn to eMagazines, digital movie rentals and streaming services to stay engaged. National Geographic had this relatively complicated, manual, difficult process.”. consumers are expected to spend 11.9

Software 144

Software National Examples Payments 144

PYMNTS

AUGUST 2, 2016

percent increases CVS logged during Q1 2016. And CVS is facing an ever more diverse lineup of competitors; Ulta and Sephora are aggressively pursuing the former drugstore staple beauty products, while Walgreens and Rite Aid are merging into a single entity which would make them the nation’s large drugstore retailer.

Retail 100

Retail Operations Software Meeting 100

PYMNTS

SEPTEMBER 23, 2019

To-go service is getting more important, and online ordering still needs to be made simpler. As PYMNTS readers know, the QSR industry is undergoing historic innovation and disruption — and the latest financials from one of the largest and most successful QSR operators show where the trends are headed for late 2019 and the 2020s.

Innovation 100

Innovation Mobile Trends Operations 100

PYMNTS

SEPTEMBER 23, 2019

To-go service is getting more important, and online ordering still needs to be made simpler. As PYMNTS readers know, the QSR industry is undergoing historic innovation and disruption — and the latest financials from one of the largest and most successful QSR operators show where the trends are headed for late 2019 and the 2020s.

Innovation 100

Innovation Mobile Trends Operations 100

Independent Banker

JULY 31, 2022

While the $55 million-asset community bank has one brick-and-mortar branch in Fort Lauderdale, Locality Bank will serve customers primarily through its online and mobile applications. from 2016 until its sale in 2018. That’s no small feat for any de novo, especially during a pandemic.

Florida 91

Florida Community Bank Community FDIC 91

PYMNTS

SEPTEMBER 17, 2018

Mobile means one can do just about anything by using their device: order food, bank online, read the news … even commit payments fraud, sometimes from the unlikeliest of places. He and an accomplice operated from Nigeria, targeting the U.S., The scams netted an alleged $25 million from 2014 to 2016. “In

Idaho 153

Idaho Missouri Cyber Security Fraud 153

PYMNTS

JANUARY 23, 2017

Testing began in late 2016 and may expand by the end of this year. “We Online is a small bordering on fraction section of the national grocery spend — but competition in the space has been tightening, particularly as major heavy hitters like Amazon and Walmart are wading into the space.

Mobile 100

Mobile Online Analytics National 100

PYMNTS

NOVEMBER 19, 2020

Dutch global grocery conglomerate Ahold Delhaize — the firm behind grocery behemoths Giant and Stop & Shop — has acquired a majority stake in supermarket delivery startup FreshDirect in an attempt to up the level of its digital grocery offerings amid the online shopping surge created by COVID-19. “We Farmstead Picks Up $7.9M

District of Columbia 142

District of Columbia North Carolina Retail Online 142

PYMNTS

JANUARY 7, 2019

The first thing was that getting “buy-online, pickup-in-store” (BIPOS) right was going to be the sink-or-swim capability for brick-and-mortar retailers. We got into the market because we saw the growth in locker pilots back in late 2015 and early 2016,” Blue told Webster. “We Employees pick online orders from the shelves.

Retail 165

Retail Online Customer Experience National 165

PYMNTS

OCTOBER 18, 2016

The No More Ransom initiative was launched on July 25, 2016, by Kaspersky Lab, the Dutch National Police, Europol and Intel Security, introducing a new level of cooperation between law enforcement and the private sector to fight ransomware together. Currently, five decryption tools are available on the online portal.

Tools 100

Tools Security Maine Analysis 100

PYMNTS

SEPTEMBER 15, 2016

The fate of the malls of America has been a favored topic of discussion in recent years, particularly as the fortunes of malls and their operators have come to look increasingly tenuous. This has been particularly clear in 2016 as anchor stores, like Macy’s and Sears, have stumbled and announced mass closures.

Operations 100

Operations Branding Retail America 100