PYMNTS

SEPTEMBER 1, 2016

One of the more long-grumbled complaints in retail is that Amazon and other eCommerce players are able to exploit a loophole that allowed them to mostly avoid charging sales tax. At present, Amazon collects sales tax in 28 sates (versus the six states it collected sales tax in in 2011). Recent data suggests — probably not.

Taxes 101

Taxes South Carolina Colorado New Jersey 101

PYMNTS

NOVEMBER 27, 2017

At its peak, holiday shoppers were spending approximately $1 million per minute online to soak up big deals. $3 3 billion | Amount that Amazon Lending has lent to SMBs since the program’s launch in 2011, with borrowers primarily from the U.S., 60 percent | Portion of Singapore’s national spend done through payment cards.

Lending 100

Lending social media Data Cards 100

PYMNTS

SEPTEMBER 4, 2017

The recommerce trend is sweeping not just the nation, but perhaps the world. Venture capitalists are funding new entrants to the field, and features like authenticity guarantees, postings to social media, the use of data and post-sale services could propel the industry forward, according to a new report from Fung Global Retail & Tech.

Marketing 100

Marketing social media Retail Mobile 100

PYMNTS

JULY 12, 2018

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. Japan is the latest nation that Walmart has backed out of in the last 12 months, as its international priorities are shifting.

eBook 100

eBook Retail Marketing Report 100

PYMNTS

NOVEMBER 17, 2018

But before it was known as Black Friday, it was already a nationally established custom in the U.S. In one of the earlier examples of experiential retail innovation, in 1924 Macy’s hosted the first of its annual Thanksgiving Day Parades. From a tech standpoint, the main goal is to meet demand and stay online,” Barrowman said.

Google 158

Google Retail Innovation Maine 158

Fintech Labs Insights

APRIL 12, 2024

Long before fintech was a thing (1995), I launched the first, and by most measures the biggest, newsletter during the first two decades of online/digital banking. It was called Online Banking Report and was read by a sizable portion of major industry players. And each January, we ranked all previous recipients into a master list.

Innovation 15

Innovation Fintech Online Mobile 15

PYMNTS

APRIL 12, 2017

The online retail giant’s estimated market cap sat at just a tad over $439 billion—nearly twice that of Walmart. if it can get more retail locations to participate as tellers. Well, as long as it happened between November 2011 and May 2016.). This week, Amazon is at it again.

San Diego 101

San Diego Retail Online Marketing 101

CFPB Monitor

MAY 12, 2021

The Fed’s final rule implementing the Durbin Amendment (Regulation II) went into effect in October 2011. It comments that the continued growth in online transactions, particularly due to the pandemic, has put a spotlight on this issue. New Lawsuit.

North Dakota 78

North Dakota Cards Regulation Fraud 78

Jeff For Banks

JULY 5, 2022

And products started migrating online. There is a fintech firm, SoFi, that was born in 2011, that focuses on millennials financial needs. Firstly, commercial banks are significantly funded with retail deposits. Both businesses, by industry types, and retail, by retail demographic types. billion in total assets.

Millennials 78

Millennials Community Pennsylvania Community Bank 78

PYMNTS

MAY 23, 2018

In 2011, it bought startup Hunch for that purpose, and launched its Setify tool in 2012 so users could build personalized collections and wish lists. An eBay spokesperson said , “When it comes to personalization at-scale, most retailers merchandise the items that they are trying to sell. That project, notably, has been ongoing.

National 108

National Retail Trends Tools 108

PYMNTS

AUGUST 21, 2017

That garage is now a private museum and is listed on the National Register of Historic Places. That’s where Reid Hoffman hatched the idea for LinkedIn in 2003 after inviting hundreds of his friends to create online profiles to get his idea for a professional online networking site off the ground.

Online 128

Online Retail San Francisco Mobile 128

PYMNTS

AUGUST 22, 2018

We knew we wanted to build a nationally-known mass retailer,” Shah told The Boston Globe , noting that over the next ten years, Wayfair grew from a bootstrapped spare-bedroom operation to a business boasting up to a half a billion in annual sales. They hired almost nobody from the furniture world; they look for raw aptitude.

Boston 100

Boston Online Data Retail 100

PYMNTS

SEPTEMBER 15, 2016

A little under two years ago, while watching the holiday shopping season increasingly unfold online, Karen Webster had a not-so-holly-jolly prediction. What looked like a slowdown then was the early phases of the physical retail death spiral warming up. We haven’t seen a new shopping mall open in the U.S. Retrofitting is expensive.

Operations 100

Operations Branding Retail America 100

PYMNTS

NOVEMBER 11, 2019

The fee-free card is Goldman Sachs’ latest inroad into the retail consumer business after establishing its online Marcus brand in 2016, which makes unsecured personal loans. He also threw in the obligatory plug, noting that Massachusetts has a “nation-leading innovation economy with a highly educated and skilled workforce.”.

Apple 101

Apple Massachusetts Data Cards 101

NCR

SEPTEMBER 15, 2017

After years of lagging behind many other developed nations, the US market is rolling out EMV technology. In the UK, for example, where chip-and-PIN cards have been commonplace for over a decade, figures from Financial Fraud Action UK show CNP fraud losses have been rising steadily since 2011, reaching a record high of £432.3

Fraud 84

Fraud Cards Security US 84

NCR

AUGUST 21, 2017

Pew Research Center released figures in January 2017 showing that 77 percent of Americans now own a smartphone, up from 35 percent in 2011. Today, half of Kenya’s citizens use the service and a quarter of national GDP flows through it. Smartphone ownership has been rising consistently for years and shows no signs of slowing down.

Mobile 81

Mobile ATM National Marketing 81

NCR

JULY 31, 2016

This is particularly true in the UK, where new figures have recently highlighted just how reliant the nation’s consumers are on plastic when it comes to making payments. per cent) of retail sales – including fuel – in the UK that month were completed using debit. million of this was on debit cards, compared to £15.1

Cards 40

Cards ATM Payments System 40

PYMNTS

JULY 14, 2018

Here at PYMNTS, we see it all, often in the form of press releases – most of which claim to be the next big thing in retail, commerce and financial services. For example, according to Petplan, an insurance company for pets, pet parents dropped $62 million in 2011 on plastic surgery for their pets. One such popular cosmetic procedure?

New York 103

New York Branding Trends Course 103

CB Insights

DECEMBER 4, 2019

Today, Amazon Pay has evolved to include a digital wallet for customers and a payments network for both online and brick-and-mortar merchants. That same year, the company acquired TextPayMe , a peer-to-peer (P2P) mobile service that was relaunched as Amazon Webpay in 2011. It’s likely that Amazon was too early to P2P payments.

Cards 101

Cards Lending Strategy US 101

CB Insights

APRIL 17, 2018

Brian Singerman started his career as a Software Engineer for 3D online virtual-world company, There Inc. In 2011, Brian was promoted to Partner of Founders Fund where he still invests today. In 2011, Jeff parted ways with OpenTable after successfully taking the company public in 2009. BRIAN SINGERMAN. JEREMY LIEW.

San Francisco 71

San Francisco CA Capital Operations 71

PYMNTS

MAY 11, 2020

To understand when and how consumer demand will return and the impact it will have on federal and state efforts to reopen the economy, we need consistently refreshed data from a large national sample to get out of the quarantine “information bubbles” and see the big picture. No fuss, no muss.

Innovation 192

Innovation Online Maine Course 192

PYMNTS

SEPTEMBER 11, 2018

In terms of eCommerce, the company’s online sales skyrocketed following the campaign’s announcement. Kaepernick’s relationship with Nike is not new, as he has been a client since 2011. Edison Trends said that product orders jumped by 27 percent in the period spanning from Sunday to Wednesday over Labor Day weekend.

San Francisco 109

San Francisco Comparison National Trends 109

Fintech Labs Insights

APRIL 22, 2016

David has been awarded 11 prizes and scholarships for his academic and commercial achievements, including the 2011 ITC Enterprise Award for Young Entrepreneur. We have also been working alongside a leading national bank on transactional fraud; spotting fraudulent transactions before they have gone through to completion.

Fraud 12

Fraud Analytics System Customer Experience 12

CB Insights

JUNE 6, 2019

Declared Bankruptcy: 2011. By December 2011, it was under $30/kg. By September 2011, Solyndra’s business model had fallen apart. In tests conducted by the National Highway Traffic Safety Administration (NHTSA), The Coda was awarded a rating of 5 stars out of 5 for its side-impact and rollover tests. Founded: 2011.

Apple 78

Apple Branding Google Company 78

PYMNTS

SEPTEMBER 8, 2018

Kaepernick’s relationship with Nike is not new, as he has been a client since 2011. Kaepernick has not thrown a single pass in the NFL in two seasons and is currently involved in an active lawsuit with the NFL, as he alleges that he was blacklisted as a free agent for his choice to kneel during the national anthem.

Strategy 127

Strategy Branding social media Video 127

CB Insights

MARCH 6, 2019

A healthy culture of dissent may have helped the company focus on its product issues before they became a national scandal, but workers who raised red flags were ignored and, if they persisted, asked to leave the company. With lower costs and a bigger market to sell to, a new crop of online pet supplies retailers eventually emerged.

Report 78

Report San Francisco Capital New York 78

CB Insights

OCTOBER 31, 2019

Today, the bots are still being used across industries like fintech, healthcare, sales and CRM, retail, and even law — and they’re having important, though quiet, effects. Retail & e-commerce: Convenient shopping & scheduling. Customer journey: Using chat to get people from online to brick-and-mortar.

Industry 78

Industry Examples Tools Retail 78

CB Insights

MARCH 26, 2019

GET THE 54-PAGE RETAIL TRENDS REPORT. One popular explanation for this is that millennials are simply shopping less in physical locations in general, preferring to do their shopping online. Not all in-store retailers have fallen out of favor with millennials the way department stores have. The way we shop is changing.

Millennials 78

Millennials Industry Trends Branding 78

CB Insights

JULY 19, 2017

Retail/Consumer Goods. National Medal of Science, Turing Awards, Kyoto Prizes, and many others. Founded: 2011. ” Their experts have partnered with about 500 startups a year since opening the first foundry in 2011; their newest facility opened in Houston in 2016. Founded: 2011. Retail/Consumer Goods.

Innovation 74

Innovation San Francisco Georgia Technology 74

CB Insights

SEPTEMBER 4, 2019

Over 1M millennial women are becoming mothers every year, meaning Gen Y now makes up the majority of annual births in the United States, according to the National Center for Health Statistics. Online platforms like Hipcamp and Campsy have emerged to help campers book unique lodging experiences like yurts, treehouses, and caves.

Millennials 78

Millennials Industry Branding social media 78

CB Insights

NOVEMBER 9, 2017

Indeed, co-founder Alejandro Resnik, the CEO, told the WSJ in 2015 that it was looking to raise a “monster round” of $300 million at a $2 billion valuation to fuel its national expansion. The bet was risky because it required large geographies — indeed, entire nations — to adopt the technology in order for it to scale successfully.

Capital 78

Capital Company San Francisco Operations 78

PYMNTS

NOVEMBER 13, 2017

billion in holdings across a dozen sectors, at last tally – Alwaleed invested $300 million in Twitter beginning in 2011 and more than $105 million in Lyft. In the past, he has been a prominent and even among the largest shareholders in Citigroup and JD.com, the online Chinese retailing firm.

New York 100

New York Regional United States System 100

PYMNTS

DECEMBER 11, 2017

The Home Shopping Network (HSN) went national in 1985, and its competitor, QVC , went live a year later. Those repeat shopper rates are more than double what Internet Retailer (IR) reports as the shopper repeat rate for the IR Top 500 (39.2 million visits, represent the seventh most-trafficked online retailer, ahead of Macy’s.

Millennials 109

Millennials Video Maine Operations 109

Tomorrow's Transactions

APRIL 5, 2016

The European Central Bank has published a detailed analysis of the costs of retail payments instruments (Occasional Paper no. 137, September 2012) with the participation of 13 national central banks in the European System of Central Banks (ESCB). Criminal activity. There’s something unfair about this. So what should be done?

Policies 30

Policies Retail Payments System 30

CB Insights

MARCH 2, 2018

BRIEFING: Surviving the Retail Apocalypse. How are brick-and-mortar retailers surviving and adapting in the world of digital commerce? They also know how successful a retailer can be if it builds a leading e-commerce presence and brings a country into online retail. First Name.

Regional 68

Regional Retail Marketing Online 68

Lex Sokolin

OCTOBER 14, 2020

Everyone complains about Amazon, but we all shop online. And the investors you get, especially if they are retail, are lumpy and finnicky. Instead of selling their mutual funds to retail?—?and Together, the firms have put 1,500 startup projects through the fund-raising process and raised £2 billion since 2011.

Lending 52

Lending User Experience Google United States 52