PYMNTS

JANUARY 25, 2019

In a recent trend, eCommerce mattress brands have been moving into the world of brick-and-mortar retail by opening their own stores and pop-up shops to help let customers test-drive their products in real life. The settlement allows the retailer to resolve claims that it purposely defrauded the U.S.

Apple 109

Apple Branding San Francisco New York City 109

PYMNTS

JANUARY 25, 2019

Picture an HVAC maintenance firm that needs to buy equipment before installing it into a building, or the retailer that wants to buy a truckload of sweaters, anticipating the coming season’s “must have” offering. Credit can bridge the gap as companies run their day-to-day operations, and help them capture top- and bottom-line growth.

Retail 159

Retail Capital Data Payments 159

PYMNTS

JANUARY 21, 2019

That tax, she noted , encompasses marketing, retailer margins and other expenses that can typically push up prices on brand-name beauty products by as much as 30 percent. And then building direct relationships with the community we serve,” she told Retail Dive. Better doesn’t need to cost more,” Sharkey said.

Branding 152

Branding Taxes Retail Marketing 152

PYMNTS

JANUARY 24, 2019

Walmart, which spent $16 billion in 2018 to buy 77 percent of India’s Flipkart , will be forced to change its business structure in India, a move that will increase operational costs. Amazon is also expected to get hurt by the rules. Reuters stated that India’s response was “non-committal.”. The call on the part of the U.S.

United States 139

United States US Washington Policies 139

PYMNTS

JANUARY 22, 2019

Maybe one day, quick-service restaurant ( QSR ) operators will look back upon 2019 as their cramming experience when it comes to digital security and fraud prevention. Years later, memories of cramming can make us cringe or induce a nostalgic celebratory attitude: “Hey, I actually managed to do it! Heck, yeah!”.

How To 108

How To Fraud Mobile Online 108

PYMNTS

JANUARY 20, 2019

In other news, the Stock Exchange of Thailand (SET) has applied for a license to operate a digital assets exchange platform. There are plans to launch in additional markets and retailers in the future. The exchange, which SET wants to launch this year, will boast a digital wallet for token storage.

Bitcoin 178

Bitcoin Texas Washington ATM 178

PYMNTS

JANUARY 24, 2019

That comes from Michael Berner, the consumer business manager of the Russian operations, who is also a Citi Russia board member. Citi has been in the region for more than 25 years, and is still growing in a market of state-owned banking giants, where five banks control 60 percent of Russia’s banking assets.

Online 108

Online Regional Mobile Retail 108

PYMNTS

JANUARY 21, 2019

The Tracker found that some 74 percent of business executives cited a lack of interoperability as a major inhibitor to their real-time payments adoption, along with the operational and process challenges that come with ”living in a world where money moves that fast.”. No more floats or pay gaps.’”.

Payments 185

Payments Innovation ATM Cards 185

PYMNTS

JANUARY 23, 2019

Delivery customers are also turning to newer retail technology to interact with these services — which means time and convenience become more important for those services if they want to survive, as there is little room for error, given the speed of digital ordering and the amount of competition out there.

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Los Angeles San Francisco Analysis Seattle 180

PYMNTS

JANUARY 24, 2019

The retail chain also plays a role in another acquisition idea, this one floated by activist hedge fund Elliott Management (which owns more than 4 percent of eBay) and Starboard Value LP. Walmart’s Jet.com operation, meanwhile, keeps growing. PetSmart is privately held.).

Google 115

Google Analysis Branding Samsung 115

PYMNTS

JANUARY 21, 2019

There have been reports that China has pressured Visa and Mastercard to also operate in the country through joint ventures, and PBoC has yet to reveal why it has not acknowledged their applications. One could suspect that it’s because of the trade war, but then again, American Express was approved.

Data 122

Data Cards Payments Marketing 122

Bank Innovation

JANUARY 22, 2019

Bank of America’s virtual assistant Erica might be able to alert users of double charges in the future, Bank Innovation has learned. In the meantime, Erica still has a long way to go before it could perform such complex tasks. For instance, ask Erica, “What’s my spending this month?” and you’ll get an answer, but […].

Innovation 186

Innovation Operations America Mobile 186

Bank Innovation

JANUARY 25, 2019

Royal Bank of Canada will add subscription monitoring and tracking to its AI-driven financial management platform Nomi, Bank Innovation has learned. "We We have insights that remind clients about subscription fees that are coming up, i.e. Netflix, Spotify etc," Rami Thabet, VP of mobile at RBC told Bank Innovation. "We

Tools 170

Tools Innovation Mobile Management 170

Bank Innovation

JANUARY 25, 2019

operations. BMO Harris Bank is having technical difficulty with the rollout of its new mobile banking app, which is part of a digital revamp of Bank of Montreal’s U.S.

Online 170

Online Mobile Operations social media 170

Bank Innovation

JANUARY 24, 2019

Barclays Plc’s top executive said it’s “more than likely” there will be another financial crisis, but problems inside the banks themselves are unlikely to be the trigger this time. Instead, Jes Staley said he sees potential shocks from a seize-up in credit markets -- a key sector for Barclays -- given where risk in the […].

Marketing 170

Marketing Operations Lending Retail 170

Bank Innovation

JANUARY 23, 2019

Demand for a combination of speed, simplicity, security and convenience in banking services has financial institutions thinking more about customer experience, particularly in a digital sense, and hiring people to design that experience.

Customer Experience 170

Customer Experience Security Marketing User Experience 170

Bank Innovation

JANUARY 23, 2019

Operant Founder and CEO Allan Fisch said at a meetup yesterday at Bank Innovation’s headquarters in New York that a consortium would allow the FIs to contribute anonymized data on the performance of their third-party […]. Toronto-based fintech Operant.AI

Operations 170

Operations New York Fintech Data 170

Bank Innovation

JANUARY 22, 2019

IBM, one of the world’s largest technology companies, has agreed to sponsor Bank Innovation Ignite, which explores new ideas and technologies needed to push banking forward. Bank Innovation Ignite, March 11-12 in Seattle, offers high-level discussions and networking around the future of what’s next in banking.

Innovation 170

Innovation Seattle Fintech Technology 170

Bank Innovation

JANUARY 24, 2019

INV Fintech, the technology accelerator run in partnership with Fiserv, has opened its Demo Day event to financial institution executives attending Bank Innovation Ignite. Previously, only INV Fintech members were permitted to attend Demo Day on March 11 in Seattle.

Innovation 150

Innovation Seattle Fintech US 150

PYMNTS

JANUARY 22, 2019

While the shopper will click “buy,” then receive data about order confirmation, payment acceptance and shipping, the retailer itself is bombarded with information and a slew of decisions to make. That single purchase provides several data points that retailers must assess to run their businesses most efficiently.

Retail 152

Retail Data Analytics Management 152

PYMNTS

JANUARY 25, 2019

Here’s what’s happening, according to that and other reports: WeChat owner Tencent is bringing what it views as a better user experience to WeChat by redesigning the placement and operations of “mini programs.” With the offering, Wirecard noted that the retailer “will become an attractive shopping destination for Chinese visitors.”

Apple 144

Apple Mobile Retail User Experience 144

PYMNTS

JANUARY 25, 2019

Sure, younger consumers justifiably get a lot of attention in the worlds of payments and commerce, given their earnings and earning potential, and their willingness to adopt new retail and financial technology. The ongoing rise of online retail also presents opportunities for criminals — especially when combined with a target’s vanity.

Fraud 187

Fraud Connecticut Online Report 187

PYMNTS

JANUARY 22, 2019

to eBay, advising the eCommerce giant that the time has come to shed both StubHub and its classified ads business in favor of a deeper focus on its core online retail marketplace. Elliott’s letter to eBay further opined that the eTailer, moving forward, needs to free up capital for investments in operational efficiency and sales growth.

Resources 115

Resources Operations Capital Retail 115