Payments Dive

JULY 31, 2018

Some retail outlets are experimenting with moving to digital payment-only operations. As non-cash payments become the norm, some retailers, particularly in hospitality, no longer accept cash. While there are downsides to managing cash, what are the pitfalls of refusing to deal with it?

Retail 336

Retail Payments Operations Management 336

PYMNTS

AUGUST 7, 2020

If this becomes a tsunami of retailers rejecting their leases, it’s going to trigger another part of the sea change — the mortgages held by the landlords.”. Seventy-five percent of its tenants have requested changes to their leases, according to the asset manager. Some of the retailers filing for Chapter 11, such as J.C.

Retail 354

Retail Groups Report Payments 354

Accenture

JANUARY 23, 2022

The market turmoil of 2020-2021, along with an unprecedented surge that has renewed a focus on retail investors, has pushed direct investing platforms into the spotlight. With this rise of the retail investor comes significant opportunity, as recently highlighted by our colleague Scott Reddel.

Retail 288

Retail social media Customer Experience Community 288

PYMNTS

DECEMBER 6, 2018

Wells Fargo has revealed that it is firing around three dozen district managers due to the retail banking scandal that happened more than two years ago. Earlier this year, the bank was hit by another scandal involving its wealth management business , opening up more investigations by federal regulators. .

Management 124

Management Retail Regulation Resources 124

PYMNTS

MAY 8, 2020

Samsung Pay is launching a physical debit card and this summer will introduce a money management tool in partnership with SoFi. Ahn added that over the summer months, Samsung Pay will introduce a tool to help people better manage their financial lives. Growth is being fueled in part because more retailers are participating.

Samsung 230

Samsung Management Cards Regional 230

Abrigo

OCTOBER 28, 2022

Managing loan workouts and modifications Tips for preparing your bank or credit union to handle an increased volume of problem loans while ensuring prudent credit risk management. Takeaway 2 Meanwhile, banks and credit unions will likely see a beefed-up regulatory emphasis on credit risk management practices, especially tied to CRE. .

Management 195

Management Risk Management Policies Lending 195

PYMNTS

NOVEMBER 19, 2020

Afresh Technologies has raised $13 million in a Series A extension round to expand its fresh food management technology that helps grocers reduce food waste. The round was led by Food Retail Ventures and joined by existing investors Innovation Endeavors , Maersk Growth , and Baseline Ventures.

Technology 244

Technology Management San Francisco Retail 244

PYMNTS

JANUARY 12, 2021

Salesforce is rolling out a new product to let B2C and B2B companies easily add loyalty programs at a time when the company says online holiday retail sales grew 50 percent to top $1 trillion. 12) in unveiling the company’s new Loyalty Management product. 12) in unveiling the company’s new Loyalty Management product.

Online 279

Online Management Retail Study 279

PYMNTS

OCTOBER 2, 2020

For the chief financial officers (CFOs) and treasurers of retailers working to meet the new face of customer demand, understanding how to ensure online shoppers have a positive payments experience while ensuring their own organizations preserve margins can be a tricky balance to strike. Then, the next step is linking the two.

Data 184

Data Management Retail Online 184

Banking Exchange

AUGUST 9, 2021

Among the many trends that have recently developed in the commercial lending world, industry disruption seems to be a common thread Risk Management Retail Banking Technology Feature3 Feature.

Management 148

Management Risk Management Lending Trends 148

PYMNTS

MARCH 13, 2020

After it was forced to shutter its retail locations in China because of the spread of COVID-19, Apple Inc. The tech firm has also begun to make additional space in its retail locations and calling off some of its classes to stop the virus from spreading. has reportedly put all of them back into operation.

Apple 265

Apple Operations Retail Maine 265

PYMNTS

NOVEMBER 16, 2020

Some retailers are just excellent about telling stories about themselves and about the products that they're selling,” Taylor told PYMNTS. The reason retailers find it easy to use, and the company’s unique value proposition, is that it builds and optimizes online storefronts in a no-code environment.

Retail 226

Retail Regional Branding Tools 226

PYMNTS

DECEMBER 8, 2020

Walgreens has followed in the footsteps of Walmart and Amazon to join the retailer-as-ad-agency trend , while BigCommerce recently launched Open Checkout to let developers, retailers and partners create tailored checkout experiences. And in B2B payments, virtual cards are helping firms manage spend in real time.

Retail 187

Retail Data Trends Online 187

Perficient

NOVEMBER 15, 2020

labor force working remotely, managing devices has become more important than ever. Luckily, Microsoft has made great advancements in device management capabilities, many of which we’ll discuss today. In this blog, we’ll go over four main areas of Endpoint Management: Creating an app deployment.

Management 348

Management Security Policies Data 348

Bank Innovation

SEPTEMBER 4, 2019

Square, which is best known for its physical and digital payment solutions, is building out its product ecosystem to manage nearly all of the operational needs of retailers.

Retail 253

Retail Operations Online Management 253

PYMNTS

MAY 5, 2020

Retail reopening events continued to draw light foot traffic on Monday, as Florida joined Texas in allowing non-essential stores to reopen. percent of consumers shop for retail goods online more often than they did on March 6, the first day of our study, and that continues to climb — up 10.5 percent from 35.5

Florida 205

Florida Retail Tampa Customer Experience 205

PYMNTS

OCTOBER 14, 2020

Spend management was the focus of innovation in the commercial card space this week thanks to partnerships and investments in firms aiming to help companies keep track of expenses. Monitoring fuel purchases through both cost and location is a valuable tool for fleet managers to prevent fraud and protect margins.”. million.

Management 238

Management Cards Innovation Fraud 238

Payments Dive

JANUARY 26, 2018

Download this case study to see how ATM2GO is using the fully managed TNSLink for ATMs solution to handle communications from mobile and retail ATMs at diverse locations, including clubs, food outlets, festivals, sporting events and more.

Case Study 150

Case Study ATM Study Retail 150

PYMNTS

APRIL 21, 2020

The retail bankruptcy watch intensified Tuesday (April 21) as the department store sector was hit by reports of yet another major player looking at that option. Lord & Taylor, now joining Neiman Marcus, is considering a bankruptcy filing as the COVID-19 lockdown continues to decimate non-essential retail. billion in sales.

Retail 220

Retail Dallas Washington National 220

PYMNTS

OCTOBER 19, 2020

Silicon Valley checkout-free, autonomous retail startup AiFi has secured a new round of funding, bringing its total raised to $30 million, the company said in a press release on Monday (Oct. He added that Qualcomm is “very impressed” with AiFi's edge-computing solutions.

Retail 226

Retail Security Texas California 226

PYMNTS

MAY 21, 2020

As eCommerce revenue has risen, so has the need for consumers to return their purchases, sometimes surprising retailers that might not have seen the order scale they’ve seen for April and May. But returns can be managed, and Narvar aims to help. The first was from retail clients. Look at Patagonia.

Retail 224

Retail Customer Experience Branding Online 224

Independent Banker

OCTOBER 31, 2022

ITMs and VTMs are popular retail banking innovations among community banks. What’s on the horizon for retail banking? According to a new report from PwC titled “Retail Banking 2025 and Beyond” (see sidebar), the retail banking industry is undergoing tremendous change—but, of course, community bankers already know that.

Banking Trends 151

Banking Trends Retail Trends Community Bank 151

PYMNTS

NOVEMBER 17, 2020

Customer experience platform Narvar is partnering with real estate investment trust Simon to facilitate easier retail returns, according to a press release. Despite our deep roots in eCommerce, we've always believed in the persistent power of physical retail," Amit Sharma , founder and CEO of Narvar, said in the release.

Retail 212

Retail Customer Experience Maine Regional 212

Gonzobanker

NOVEMBER 9, 2022

New approaches to talent and technology are needed to address changes in the wealth management business model. Wealth management and trust clients are some of the most lasting and profitable relationships a bank can attract, but the banking industry is simply missing the opportunity to realize these businesses’ vast strategic potential.

Management 158

Management Community Bank Strategy Technology 158

PYMNTS

DECEMBER 28, 2020

Sage , which works in cloud business management, is working with digital operations platform Brightpearl on helping retailers utilize the cloud for their operations, a press release says. And under the agreement, Sage will make a minority investment of around £17 million in Brightpearl.

Retail 177

Retail Operations Customer Experience Online 177

PYMNTS

SEPTEMBER 9, 2020

It soon will be time for eBay 's payments management system to learn to say "merci," "grazie" and "gracias.". The San Jose, California-based online retail giant said in a news release on Wednesday (Sept. 9) that in the first quarter of 2021, it will begin offering payments management in France, Italy and Spain.

Management 199

Management San Jose Payments California 199

PYMNTS

AUGUST 14, 2020

Alternative-asset manager Brookfield Asset Management said it raised a record $23 billion in Q2 and foresees speeding up the pace of investments in the wake of the pandemic’s disruption. Separately, Brookfield is going to spend $5 billion in an effort to get the retail mall industry back on track following COVID-19 per news in May.

Management 131

Management United States Capital Retail 131

PYMNTS

AUGUST 6, 2020

Real estate trends for retailers are back in the news this week, as the pandemic-driven brick-and-mortar market starts to produce new business models and a fair amount of stability. The new business model involves leasing options for the retail sector. retail portfolio valued at $5.9 Example: One of the U.K.’s which owns 32.5

Retail 154

Retail Analytics New York Examples 154

PYMNTS

JUNE 10, 2020

In investments, retail dispute management firm Chargeback closed a funding round to speed up growth and to help retailers reduce credit card disputes. And in tech, the future of retail may include mobile scanning. The company brought its app and device to market just two weeks ago. All this, Today in Data.

Retail 150

Retail Technology Innovation Data 150

PYMNTS

FEBRUARY 25, 2020

Retailers are facing a personalization paradox. Fifty-three percent of consumers want retailers to respect their anonymity in 2020; at the same time 61 percent want more personalization in marketing, messaging and promotions. Other surveys reinforce the need for personalization at retail.

Retail 202

Retail social media Study Security 202

PYMNTS

JUNE 26, 2020

The coronavirus is magnifying the challenges that troubled retailers faced before the pandemic as they continue to seek financial lifelines. GNC recently declared bankruptcy as well as retail closings, while Macy’s unveiled additional cost-cutting measures. Data: . 365M: Rough amount Macy’s expects to save in fiscal 2020.

Retail 150

Retail Data Management Payments 150

PYMNTS

NOVEMBER 9, 2020

“We are essentially taking glass doors that were probably underutilized and not asking the retailer for any additional physical space.”. From a business standpoint, we believe that things like sales lift are obviously a really important metric,” Dravenstott said, “and you don't hear that much in brick and mortar retail.

Retail 277

Retail Innovation Video Chicago 277

PYMNTS

SEPTEMBER 29, 2020

Global branded payments provider Blackhawk has debuted a new service allowing companies to outsource gift card and eGift program management, according to a news release Tuesday (Sept. The Issuance and Program Management Solution was moved along by Blackhawk’s acquisition of SVM, which works in open and closed-loop gift card solutions.

Management 182

Management Cards Mobile Meeting 182

Payments Dive

MAY 17, 2018

Tom Chittenden, vice president and general manager of retail solutions, NCR Corp., writes about how the reinvention happening in retail is pushing more merchants towards the cashierless model.

Retail 231

Retail Mobile Management 231

PYMNTS

JANUARY 27, 2021

Minna co-founders and CEO Joakim Sjöblom and Chief Operating Officer Jonas Karles told PYMNTS that getting a better handle on subscription spend can be done through retail banking channels, boosting financial institutions’ own revenue streams. Subscription management is part of that. Embracing The Subscription .

Management 181

Management Technology Cards Retail 181

Accenture

JUNE 18, 2019

All of this is happening at a time when automation in retail banking has advanced apace, opening up opportunities to replicate the benefits of digital in commercial banking. But we’ve yet to see the same leapfrog step-change in commercial banking as in retail. The post Is the relationship manager still viable? What’s going on?

Management 170

Management Retail Groups Technology 170

PYMNTS

DECEMBER 16, 2020

Benetton Group , an Italian fashion company, is teaming once more with retail market intelligence firm EDITED as an "essential platform" for its future three-year roadmap, according to a Wednesday (Dec. 16) announcement. “As

Groups 157

Groups Retail Analytics Branding 157