PYMNTS

JULY 1, 2020

billion compared to 2019. That estimate comes from market intelligence company GlobalData, which predicts that total spending in the region will dip to $60.3 billion in 2019. This will bring some relief to luxury retailers, as they can now open their stores and resume operations.”.

Branding 246

Branding Regional United States Groups 246

PYMNTS

MAY 31, 2020

Uber first announced it was looking to acquire a stake in the Santiago-based Cornershop app in October 2019. If the Uber-Cornershop deal is fully approved, Uber said it would expand grocery delivery beyond Mexico, Chile, Canada and Peru, and into other regions worldwide, according to Reuters.

Online 163

Online Regulation Retail Regional 163

PYMNTS

JUNE 15, 2020

The largest brick-and-mortar retailer in the United States is replacing its traditional, cashier-staffed checkouts with self-checkout registers at its store in Fayetteville, Ark., Walmart also saw a substantial 10 percent jump in comparable store sales over the same period in 2019. according to local news reports.

Arkansas 280

Arkansas United States Regional Online 280

PYMNTS

NOVEMBER 22, 2020

Danske Bank , the Copenhagen-based retail bank, has partnered with FinTech firm Zenegy to roll out a new method for automating payments made with corporate cards, a report from Crowdfund Insider says. As a result, Danske Bank was ordered out of Estonia and closed its operations in Russia and the Baltics.

Cards 221

Cards Payments Innovation Regional 221

PYMNTS

SEPTEMBER 28, 2020

One area where the pandemic may significantly impact emerging data protection and open banking rules is the Middle East and North African region (MENA). The ongoing pandemic has caused many regulators in the MENA region to examine the digital and open banking infrastructure they have in place. Around The Data Protection World.

Online 151

Online Report Payments Regulation 151

PYMNTS

APRIL 5, 2018

retailers (or any foreign players) to establish a strong presence in the Chinese market. Walmart recently announced it would be using WeChat Pay at all of its stores in China’s western region. Semir will stock the 300 Children’s Place locations with apparel, footwear and accessories and operate the brand’s regional eCommerce business.

Retail 115

Retail US Regional Branding 115

PYMNTS

MAY 31, 2020

Uber first announced it was looking to acquire a stake in the Santiago-based Cornershop app in October 2019. If the Uber-Cornershop deal is fully approved, Uber said it would expand grocery delivery beyond Mexico, Chile, Canada and Peru, and into other regions worldwide, according to Reuters.

Regulation 130

Regulation Online Retail Regional 130

PYMNTS

JANUARY 25, 2021

TFI, which includes truckload, less-than-truckload and logistics operations, reportedly generated revenue of approximately $4.1 billion in 2019. for 85 years, it has offered a full range of regional and long-haul solutions, along with an on-time delivery guarantee for LTL shipments. and Canada.

Virginia 267

Virginia Regional Course Strategy 267

PYMNTS

FEBRUARY 26, 2020

The Sightline platform integrates with the i2c agile processing vehicle and APIs to deliver Play+, a cashless solution that gives gaming operators the ability to move money in real-time between tables, slots, and kiosks. Sightline also integrated Smart Money, a program that works with guests’ iOS and Android mobile devices at retailers.

Oregon 232

Oregon Pennsylvania Innovation Operations 232

PYMNTS

FEBRUARY 3, 2020

There was lots to watch in the world of payments and commerce last week, with red flags flown in physical retail, international commerce and crypto. Physical Retail Stumbles Into 2020 . The year got off to something of a rocky start for physical retailers, as the recent spike in store closures carried on and even picked up strength.

Bitcoin 132

Bitcoin Data Retail Charlotte 132

PYMNTS

JUNE 3, 2020

In Latin America, such a company exists in the form of MercadoLibre , a triple-threat regional financial powerhouse based in Argentina. It is one of the region’s fastest-growing companies, having just turned in a stellar first quarter in a region that has more complexities than any of its northern neighbors. ”

America 248

America Regional Fraud Mobile 248

PYMNTS

JULY 23, 2020

Regulators in Mexico passed a law governing FinTechs in March 2018, just two months after PSD2 went into effect in the European Union, and others in the region have since followed suit. Brazilian lawmakers have been developing open banking plans since 2019, for example, outlining rough guidelines to be enacted late this year.

America 165

America Regulation Regional Tools 165

PYMNTS

DECEMBER 27, 2018

Canadian and European markets, Facebook said it will turn to expanding its service offerings in 2019 and beyond. We imagine that for Facebook, its fondest hope for 2019 is a quiet, boring and uneventful year. The rollout will be done in stages, spanning from the end of 2018 into 2019. Walmart Goes Big And Global.

Retail 123

Retail Online Cards United States 123

PYMNTS

JULY 16, 2019

Banks and merchants are racing to meet the Strong Customer Authentication (SCA) deadline as September 2019 approaches. As such, the European Banking Authority (EBA) has announced extensions for retailers that may require more time to comply. These extensions will only be granted to a select few retailers, however.

Strategy 188

Strategy social media Regulation Retail 188

PYMNTS

NOVEMBER 22, 2018

Chinese tech giant Xiaomi plans to have 5,000 of its stores open in India by the end of 2019. “It’s been over a year since we started offering our products through offline retail, and we have seen strong growth there,” said Manu Jain, Xiaomi vice president and managing director for India, according to CNBC.

Retail 140

Retail Online Regional Company 140

PYMNTS

AUGUST 31, 2020

The infusion comes after the April 2019 minority investment of Neiman Marcus in the company, which is geared toward “ultra-luxury” handbags, high-end jewelry and timepieces, according to an announcement. Pre-owned online shopping firm Fashionphile has raised $38.5 million in NewSpring Growth-led Series B funding. and other countries.

System 142

System California Regional Technology 142

PYMNTS

AUGUST 17, 2020

PREIT (Philadelphia Real Estate Investment Trust) is curating its first eCommerce offering in what it says is a unique avenue to engage consumers from a multi-retail perspective. percent compared to 2019. Twenty-eight percent of PREIT’s portfolio consists of local and regional tenants. Its total occupancy rate was 92.4

Philadelphia 164

Philadelphia Regional United States Community 164

PYMNTS

JUNE 4, 2018

As Walmart refocuses its worldwide operations, Advent International plans to take a 80 percent stake in the retailer’s business in Brazil. With such a deal, Walmart would keep a 20 percent stake in the company, and the retailer would utilize Advent’s regional expertise, CNBC reported.

Regional 100

Regional Retail Report Operations 100

PYMNTS

AUGUST 28, 2018

million — in the retailer’s operations in Brazil. While the first raise has already happened, the second could come in 2019, and the rest of the funds could be invested by 2021. While the first raise has already happened, the second could come in 2019, and the rest of the funds could be invested by 2021.

Retail 100

Retail Regional America Operations 100

PYMNTS

JANUARY 7, 2021

But compared to 2019, the seven top grocers saw only a 2.5 The delivery outsourcing effort by Albertsons, which operates Vons, Pavilions and Safeway stores, will be in full effect by the end of February. We will transition that portion of our eCommerce operations to third-party logistics providers who specialize in that service.”.

California 203

California CA Analytics Branding 203

PYMNTS

APRIL 2, 2019

The company relies on three financial benchmarks — devices, retail and services — and it hasn’t monetized any of its services just yet. The company also operates Mi Pay, a UPI-based payment platform, and its Mi Drop file transfer application has around 100 million downloads.

Samsung 108

Samsung Retail Video Regional 108

PYMNTS

OCTOBER 16, 2019

As it stands, the company operates two distribution centers in the Sao Paulo area and will bring facilities to other regions to offer faster delivery in a country that is bigger than the continental U.S. Early outlay guidance for 2020 comes after investments of 2 billion reais in Brazil in 2018 and 3 billion reais in 2019.

Regional 109

Regional Operations Tools Retail 109

PYMNTS

MAY 8, 2020

consumers more frugal, but other individuals are still turning to retail therapy to cope with stresses. The importance of fast, secure disbursements might hold a different weight now that players are betting online more often and more readily looking for the speeds they experience with typical retail transactions. Casinos in the U.S.

Online 176

Online Industry New Jersey Pennsylvania 176

Accenture

JUNE 20, 2019

Payments executives surveyed in our 2019 Global Payments Survey cite customer experience as a top driver of customer disintermediation. And nearly 80 percent of bank operations leaders say their organization’s existence could be threatened without flexible technology for rapid innovation. 1 Accenture 2019 Global Payments Survey.

Survey 150

Survey Customer Experience Payments Management 150

CB Insights

FEBRUARY 13, 2020

In an interview at CB Insights’ 2019 Future of Fintech conference, CFO and CPO William Gaybrick indicated that businesses are more constrained by developer resources than by capital. In August 2019, the company closed out its Series F funding round from Sequoia, Andreessen Horowitz, and General Catalyst at a $35B valuation.

Online 98

Online Company Retail Payments 98

PYMNTS

AUGUST 5, 2020

By region, Diageo’s Asia sales saw the biggest drop at 16 percent. The company attributed that to the fact that many countries in that region not only shuttered bars and restaurants, but also liquor stores. However, not all regions showed declines: North America bucked the trend and saw its sales rise 2 percent.

South Carolina 140

South Carolina US America Regional 140

PYMNTS

DECEMBER 11, 2019

Moka’s cloud-based POS platform assists restaurants, coffee shops and retail outlets with handling payments. Moka was in talks with Gojek in the early part of 2019, before Gojek Co-Founder and Chief Executive Officer Nadiem Makarim stepped down in October to join the Indonesian president’s cabinet. million active users.

Mobile 130

Mobile Regional Analytics Google 130

PYMNTS

AUGUST 15, 2019

Automation promises many benefits in retail, including the potential to reduce costs and improve the customer experience. The July Automated Retail Tracker examines the latest cashierless efforts in retail and finds which are experiencing uptake and which may fall flat. By the start of 2019, those plans were scrapped.

San Francisco 128

San Francisco Retail Minnesota Regional 128

PYMNTS

JANUARY 24, 2019

banking giant Citi said it will reduce its physical presence in Russia – reducing office count, actually – but that business should in fact grow in 2019. That comes from Michael Berner, the consumer business manager of the Russian operations, who is also a Citi Russia board member. As reported by Reuters , the Russian arm of the U.S.

Online 108

Online Regional Mobile Retail 108

PopularBank

OCTOBER 28, 2020

The branch closures, which are expected to be completed simultaneously by January 29, 2021, are projected to reduce annual operating expenses by approximately $13 million. This realignment in our New York Metro market is consistent with our small business and retail services model in South Florida,” said Popular, Inc. Virgin Islands.

Puerto Rico 52

Puerto Rico New York Metro Community 52

PYMNTS

JANUARY 9, 2020

Chip cards have been heralded for their improved functionality and security, but they have still failed to address critical authentication problems, leaving retailers to bear the brunt of these vulnerabilities. Europe was the first region to adopt EMV technology, and sees a transaction rate of more than 99 percent. and Europe.

Fraud 131

Fraud Cards Retail Security 131

PYMNTS

MAY 12, 2020

The panel found that starting in the second quarter of 2019, Liu – who also served as a company director – and several other employees had engaged in misconduct, including the fabrication of certain transactions. . Cao has served as senior vice president in charge of store operations and customer service since 2018.

Fraud 185

Fraud Chicago Washington Regional 185

PYMNTS

APRIL 15, 2019

To help build customer loyalty, eCommerce and brick-and-mortar retailers have a myriad of tools on hand: Cashiers can sign customers up for loyalty cards at brick-and-mortar stores, and eCommerce sites can send customers special offers and coupons by email. Europe’s 2017 share of the coin-operated vending machine production market is 30.3

San Francisco 130

San Francisco Retail System New Jersey 130

PYMNTS

MARCH 24, 2020

Nowhere is the pain being felt more acutely than in China, where the coronavirus first took root and spread, where businesses and supply chains went dark, and where hundreds of millions of consumers, as well as businesses and their workers, stayed in their homes — into, and then through, the Lunar New Year, a key season for retail.

Retail 196

Retail Online Regional Course 196

CB Insights

AUGUST 26, 2021

In 2019, the firm launched a $5B Latin American Fund, as well as a second Vision Fund, which has since grown in size to roughly $30B. It’s on track to reach 197 deals by year-end — nearly 3x its previous record in 2019. Many of SoftBank’s portfolio companies operate across a variety of different industries. Healthcare.

Regional 94

Regional Fintech Analysis Company 94

PYMNTS

MARCH 15, 2019

The announcement from the mobile network provider serves as the latest demonstration that 5G is coming, and that retailers and payment services providers should get ready to operate in the 5G world. cities by the end of 2019. 5G Potential. As PYMNTS has reported , Verizon plans to bring its 5G technology to 30 U.S.

Mobile 168

Mobile Indianapolis North Carolina Minneapolis 168

PYMNTS

MAY 5, 2019

The New York State Attorney General ( NYAG ) Letitia James wants to see documents regarding an alleged deal made between cryptocurrency exchange Bitfinex and stablecoin operator Tether that “misled their clients and investors.”. The design phase is underway, with testing to begin in Q2/Q3 2019.

Bitcoin 136

Bitcoin blockchain Massachusetts New York 136