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Supply Chain Bottlenecks Impact Shipments To Stores, Warehouses

PYMNTS

The Hackett Associates and National Retail Federation Global Port Tracker report registered the highest volume in August on the books going back to 2002. Purchasing managers for manufacturing firms point to an increasing gap between consumer demand for merchandise over in-person services.

National 161
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Walmart May Be Looking To Sell Off Its Japanese Business

PYMNTS

According to FT reports, Walmart has been approaching bankers to explore an exit by sale from Japan, as the international retail giant is seeking to divest itself of the struggling Seiyu supermarket chain. Walmart first purchase Seiyu in 2002, but has faced difficulties gaining traction in the extraordinarily challenging Japanese market.

eBook 100
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Fintech Hall of Fame: The Top Digital Innovations in Financial Services

Fintech Labs Insights

Innovations from 1995 to 2014 (with launch dates) Note: Ranking as of Jan 2014 Wells Fargo is first in the world to offer Web-statement access (launched May 1995) Security First Network Bank launches first full-service Internet bank brand (Oct 1995, disbanded 2002) PayPal launches first online optimized payment system (Nov 1999, bought by eBay in 2003) (..)

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Are Mobile Payments Finally Ready To Ignite In Japan?

PYMNTS

Near field communication (NFC) technology was developed by Sony and NXP Semiconductors in 2002 and QR Codes were developed the Denso Wave company in 1994. In the intervening several years, several forces, most notably the Japanese government, have actively pushed to get the nation off its cash addiction — and into digital payments.

Mobile 154
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The Niche Bank

Jeff For Banks

Interestingly, Kelly started what would end up being EnerBank at Baltimore's First National Bank of Maryland (now M&T Bank ), a former employer of mine in the mid 1990's. First National divested the unit because it didn't fit their definition of "community banking". How has EnerBank done since it opened its doors in 2002?

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How To Drive Success In A Digital 3.0 World

PYMNTS

In 1979, psychologists Daniel Kahneman and Amos Tversky developed the Prospect Theory , one of the foundations of behavioral economics for which they would win the Nobel Prize in 2002. Since March 6, PYMNTS has published eight consumer studies , now covering a national sample of more than 18,000 U.S.

How To 265
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Banking's Top 5 in Total Return to Shareholders: 2017 Edition

Jeff For Banks

The Bank, Old Second National Bank, lost a whopping $156 million in 2009 and 2010. Today, NPL/total loans is a manageable 0.94%, and the Bank ROA/ROE year-to-date is 1.22% and 11.61% respectively. Independent Bank Corporation (Nasdaq: IBCP) Independent Bank dates back to 1864 as the First National Bank of Iona. Then, kaboom!