PYMNTS

JANUARY 25, 2021

The National Retail Federation ’s annual convention may have come and gone but the sentiments, strategies and lessons learned from facing nearly a year of pandemic-led changes by some of the world’s largest merchants are going nowhere fast — especially when it comes to their embrace of increased digitalization. Stores As Social Centers.

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Community Retail Strategy National 269

PYMNTS

MAY 8, 2020

The Retail Industry Leaders Association , along with the National Retail Federation (NRF), recently rolled out a phased-in approach to reopening retail called the Blueprint for Shopping Safe. To help guide stores, the National Retail Federation recently unveiled its “Operation Open Doors” Initiative.

Retail 173

Retail National United States Groups 173

PYMNTS

MARCH 17, 2020

As more firms worldwide push for workers to hunker down from home in order to fend off the spread of the coronavirus, people are advised to be vigilant of online fraudsters. . study by epidemiologists forecasts that the coronavirus will cripple the availability of intensive care hospital beds.

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Study Online Retail Fraud 130

PYMNTS

JULY 7, 2020

The Southeast Asian country’s national tax office announced it will impose a 10 percent value-added tax (VAT) on foreign global technology companies as the nation looks for ways to defray the costs of battling the economic effects of the COVID-19 pandemic, Reuters reported. The country’s total budget for 2020 is $177.6

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Taxes Google Seattle National 141

PYMNTS

FEBRUARY 27, 2020

The 2020 outlook report from the National Restaurant Association was released today and it paints a picture of an industry dealing with the countercurrents of solid consumer spending and disruptive technology. In fact, by 2030, the National Restaurant Association expects that technology could completely change the face of dining.

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Rhode Island National social media Arizona 151

PYMNTS

NOVEMBER 2, 2020

In years to come, it’ll be hard to find anything as studied and surveyed as COVID-19’s effects on commerce. As PYMNTS noted in the Pandenomics report in early October, “the biggest change of all will likely be the share of consumers shopping for groceries online. Our research shows that 85.3 Payments Innovation Leads the Way .

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Study Cards Payments Innovation 205

PYMNTS

DECEMBER 21, 2020

And you can see it in the hustle by retailers and brands large and small to pivot their businesses and business models — and the disclaimers on just about every retail site starting a week or more ago that orders placed online might not make it in time for Christmas. One hundred and ten (110) million U.S. consumers — 47.2 percent of the U.S.

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Apple Study Innovation Survey 227

PYMNTS

DECEMBER 21, 2020

and five other nations identified 100 million potentially fraudulent transactions between March 11 and April 28, for example. The health crisis is also dramatically altering merchants’ approaches to customer engagement and interaction, leading many to shut down brick-and-mortar channels and devote their resources to online operations.

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Fraud Cards Retail Resources 210

PYMNTS

DECEMBER 21, 2020

The National Restaurant Association estimates that something like 100,000 eateries have closed either for now or forever, as health fears have struck at the heart of dining out. A system that can protect customer information can help businesses avoid brand and operational damage. Fighting Emerging Schemes.

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Mobile Fraud Policies Study 151

PYMNTS

JUNE 26, 2020

Financial institutions (FIs) worked quickly to ensure they could operate smoothly as the pandemic kept consumers at home and closed brick-and-mortar branches in Europe, the United Kingdom and the United States. Spanish bank CaixaBank is another FI looking to upgrade its online banking platform through the use of cloud-based technologies.

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Meeting Mobile Digital Banking Tools 227

PYMNTS

JULY 21, 2020

Many nations in the region are thus examining their open banking proposals to ensure they address this behavior. The report also analyzes how such rules are likely to change in the next several years as the health crisis alters the region’s online banking adoption and digital payments volumes. Around The Data Protection World.

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Mobile Report America Regulation 229

PYMNTS

DECEMBER 18, 2020

The National Restaurant Association ’s initial 2020 outlook was bright, as it projected sales just shy of $900 billion. This revenue free fall could result in 100,000 restaurants nationwide closing either temporarily or permanently, with 40 percent of all restaurant operators unsure whether they can survive six months into the future.

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Fraud Trends Security social media 229

PYMNTS

NOVEMBER 14, 2019

There’s a lot of competition to capture the $6 trillion in online payments for U.S. Marketplaces and their partners want to satisfy consumers who are comfortable with the convenience of online shopping. Many are more operational in nature, and intended to give consumers more choice. According to an FDIC study , 6.5

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Payments United States Online Google 124

PYMNTS

DECEMBER 11, 2020

Invisible” is the operative word here, as the tsunami of remote onboarding triggered by COVID lockdowns has given fraudsters yet more cover to add to their anonymity. Online account openings increased by as much as 15 percent when social distancing mandates were implemented, and one study revealed that 73 percent of U.S.

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Video Security National Digital Banking 204

PYMNTS

JANUARY 19, 2020

15 and works with three e-wallet operators — Grab, Boost and Touch n Go. . “We We can study the matter in the future. The Government wants to encourage digital payments because we feel it is important for Malaysia to become a cashless society one day, (when) we do all our payments online or on mobile phones,” he said.

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Study Payments National Report 148

PYMNTS

FEBRUARY 13, 2020

This is about the fact that fake identities comprise 25 percent of new social media accounts created every day, and that 53 percent of all social media logins are fraudulent , according to a recent study. That upgrade is coming in the form of national digital ID initiatives now underway in a number of countries from Argentina to Ukraine.

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social media Louisiana Colorado Samsung 150

PYMNTS

NOVEMBER 11, 2019

At the same time, online food delivery increased nearly 15 percent between 2018 and 2019. A new study also found that 34 percent of consumers used delivery more than they did a year ago. It’s no wonder more than three-fourths (78 percent) of operators considered off-premises programs strategic priorities. .

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Study New York City Minnesota Dallas 108

PYMNTS

JUNE 3, 2020

RH, which operates several online brands such as RH Teen and RH Ski House, and whose retail presence is also known as Restoration Hardware, is one of the most successful curators of luxury furnishings and décor. percent over 2018 to $2.647 billion, adjusted operating margins reached 14.3 Will luxury move online?

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Retail Online Marketing Study 130

PYMNTS

MARCH 12, 2019

Treasury’s top international tax official, called the taxes “ill-conceived,” and said the better option was to go after tax reform internationally at the Organisation for Economic Co-operation and Development ( OECD ). The United States opposes any digital services tax proposals, whether they be French or U.K.,” Harter said.

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Taxes Company US social media 132

PYMNTS

MARCH 26, 2019

When a consumer places an order by voice, it comes through the same ordering channel that an online or mobile order would. The employee or wait staff wouldn’t know the difference between a voice or an online order. The company is targeting both regional and national businesses with a minimum of 10 locations.

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Technology Maine Study Google 121

PYMNTS

SEPTEMBER 18, 2018

The nation is forming a Direct FAST industry group, where the members will include traditional financial institutions (FIs), FinTech firms and the Monetary Authority of Singapore (MAS). The movement to open that FinTech access, said the minister, brings “greater convenience to consumers” as those individuals use their eWallets.

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Fintech New York US National 166

PYMNTS

MAY 12, 2020

Here, then, lies a bit of friction, and the Shanghai operations represent a bit of a microcosm of a larger issue. In the meantime, the company took a $1 billion hit to operating income due to the sales lost from the closures. As Disney goes, so too might the rest of the leisure nation. billion in revenues, down 10 percent.

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Florida Course Guidelines Operations 150

PYMNTS

JULY 21, 2020

The National Restaurant Association recently reported that the industry lost $120 billion during the pandemic’s first three months and that these losses could total $240 billion by the end of the year. Checkers and Rally’s, as well as other QSRs with robust drive-thru operations, are evaluating how best to appeal to their customers.

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Mobile Tampa Study Florida 143

PYMNTS

DECEMBER 24, 2020

The National Restaurant Association estimated that almost 100,000 eateries — roughly one in six restaurants nationwide — have shuttered either temporarily or permanently due to the health crisis losing $165 billion in revenue between March and July and on track to lose $240 billion by the end of this year.

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Study Industry United States Innovation 206

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.

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New York City Millennials New York Online 123

PYMNTS

AUGUST 31, 2017

Retailers trying to bridge the growing gap between the shopping trends of Baby Boomers, Generation Z and every demographic in between may think they have the different generations figured out, but in some cases, operating on assumptions can lead to missed sales. Almost 41 percent of millennials shop online at least once a week, and 62.2

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Retail Millennials Study Trends 147

PYMNTS

JUNE 4, 2020

There was already disparity in how patients were receiving funds from providers and the methods they wanted to use, with one pre-outbreak Ingo Money study noting that less than 10 percent of U.S. Thirty-six percent recently reported concerns about affording COVID-19 testing, for example, and a separate study found that 26 million U.S.

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Study Payments Tools Online 130

PYMNTS

JULY 23, 2020

Growing interest in open banking typically coincides with the expanding use of online financial platforms and tools. A similar pattern is unfolding in Latin America, with interest in online services spiking as digital tools and solutions steadily filter into the region. The creation of open banking initiatives in the E.U.

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America Regulation Regional Tools 165

PYMNTS

JULY 12, 2019

The world’s population is expanding and many citizens — particularly those in developing nations — have no means of proving their identities, restricting their access to vital services like education and healthcare. Mobile devices enable fast and secure access to services, many of which are solely available online.

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Mobile National Samsung Case Study 108

PYMNTS

FEBRUARY 25, 2019

The Conference of State Bank Supervisors (CSBS) said earlier this month that it had put in place a set of action items to standardize the national experience of FinTechs and non-bank entities. Liu pointed out that the online database of the aforementioned state licensing and FinTech guidance will go live later in 2019.

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Regulation Fintech Community Bank Community 147

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.

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Taxes America National Community 144

PYMNTS

SEPTEMBER 23, 2019

Advanced technology is increasingly raising the stakes of how CUs should operate, with members coming to expect the instant payments and slick mobile interfaces that large banks and FinTechs have made standard. A study from the Cuna Mutual Group found that CU membership has increased 3.5 percent and total deposits by 6.9

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social media Trends Michigan United States 157

PYMNTS

MARCH 30, 2020

Today, nearly all SMBs (those that remain in operation, that is) have been forced to divert that sense of optimism into a battle for their survival. Already, in the space of those three weeks, 5 percent of the SMBs we surveyed reported closing their doors for good. A third (33 percent) aren’t sure they will. In other words, not right away.

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Maine Data Capital Study 232

PYMNTS

MAY 4, 2020

The fifth PYMNTS study of consumer behavior before and during the course of the pandemic, now encompassing a national sample of more than 12,000 consumers as of April 27, shows that nearly two times as many Americans have little or no interest in leaving their homes to reengage in the physical world as those who do. percent from 35.5

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Study Online Course Millennials 209

PYMNTS

JANUARY 21, 2020

JPMorgan has created a $100 billion funding arm to expand investments in emerging markets and help the United Nations meet its sustainable development goals. The rideshare giant also recently dumped ventures in Russia, China and Southeast Asia, keeping its promise to get rid of money-losers and turn a profit. million units by 2023.

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Retail Groups Payments Innovation 130

PYMNTS

JULY 14, 2017

Two-thirds of German hospitals have suffered cyberattacks, hospital directors and chief executives admitted in a recent Roland Berger study. Kenya, ranked third in the region, provides a good example of co-operation through its National Kenya Computer Incident Response Team Coordination Centre (National KECIRT/CC),” said ITU.

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Operations Study social media Security 118

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.

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Regulation Policies Data Compliance 160