PYMNTS

AUGUST 18, 2017

Case in point: Walmart beat on earnings and revenue, saw same-store sales grow and online sales explode. Same-store sales managed to climb 1.7 Walmart’s online sales grew 60 percent year over year in the second quarter, which ended on July 31. Operating margins fell to 4.9 brick-and-mortar operating expenses rose 3.9

Online 104

Online Retail United States Branding 104

PYMNTS

NOVEMBER 20, 2020

Loadsmart features an online portal designed for those in the shipping business to move freight through ports and across rail lines and highways on land. Loadsmart said it has instead focused on what its online shipping platform can do for companies in the transportation business on a value-added basis, “coupled with API integrations.”.

Capital 253

Capital Online Industry Strategy 253

PYMNTS

JULY 1, 2016

The accepted wisdom of the current retail reality is that no formerly brick-and-mortar brand can operate in a vacuum from the destabilizing effects of online sales. Take companies like Ulta Beauty or Sephora ,” Davidowitz told NREI. “They are insulated from Amazon.com. Amazon can’t put makeup on you.

Online 101

Online New York City Branding New York 101

PYMNTS

MAY 30, 2016

And to make sure that everyone starts off 2016, Part II on the same footing, we thought we would bring you a few of the top trending stories, as well as hot data/research topics, that will give you a head start on that all-important planning for 2016 and beyond. Online Checkout Conversion. Are SMBs Ready For EMV?

Trends 100

Trends Retail Fraud Mobile 100

PYMNTS

MARCH 16, 2017

It wasn’t until 2016 that we saw the introduction of artificial intelligence (AI)–enabled chatbots bring about a necessary aspect of the technology via a conversational interface. She said, “Our Facebook Messenger virtual agent experience is faster than any website or mobile app and easier to use than any online form.

Operations 107

Operations social media Comparison Industry 107

Bank Innovation

JUNE 23, 2016

Lucy Peng, CEO, Ant Financial Ant’s latest fundraising round – the largest ever anywhere – of $4.5 billion, and its overall valuation of more than $60 billion, have turned the Alibaba spinoff into one of the most valuable private tech companies in the world. Launched in 2014, Ant Financial Read More.

Innovation 284

Innovation Company social media Operations 284

PYMNTS

NOVEMBER 19, 2020

Dutch retailer Ahold Delhaize — owner of grocery behemoths Giant and Stop & Shop — has acquired a majority stake in supermarket delivery startup FreshDirect amid an online shopping surge propelled by COVID-19. “We Delhaize, founded in 2016 from a merger of Ahold and Delhaize Group, is among the biggest supermarket operators in the U.S.

Retail 153

Retail New York City New York Operations 153

PYMNTS

OCTOBER 6, 2019

After the acquisition, ModCloth will continue to operate out of its current operational set up, with Go Global Retail investing in its digital capabilities including artificial intelligence and predictive analytics. Walmart acquired the assets and operations of ModCloth in March 2017 for an undisclosed amount.

Retail 129

Retail Branding Strategy Digital Strategies 129

PYMNTS

JULY 3, 2017

Even in the quiet seasons, the online travel market is susceptible to the trade winds, and they don’t always blow in agents’ favor. But what hurts a business (especially a small one) more than an October snowstorm is when online fraudsters use CNP transactions to steal their services. The End of Excessive Card Surcharges.

Online 112

Online Payments Fraud Cards 112

Bank Innovation

MAY 1, 2016

Robinhood: On Target Launched in December 2014, Robinhood is a zero-fee stock trading app that quickly gained popularity among financially ambitious millennials. Robinhood was paid the enormous compliment of having “cracked the millennial code” by none other than Jay Sidhu, CEO of Customers Bank and founder of BankMobile.

Millennials 240

Millennials social media Operations Cards 240

PYMNTS

JANUARY 12, 2020

Wells Fargo is striving to revamp its approach to technology to ensure systems stay online, satisfy regulators and block cybercriminals, the Wall Street Journal (WSJ) reported on Saturday (Jan. Last month , Wells Fargo hired Scott Powell to be its new chief operating officer and serve on the bank’s operating committee.

System 147

System Regulation Resources Meeting 147

PYMNTS

FEBRUARY 14, 2017

Previously, Strappa was client management and strategy Head for Institutional Clients Group at Citi Latin America. She comes to Chase Merchant Services with background experience in retail and mortgage business management, consulting, strategy, lean manufacturing, operations, transformation and change management.

ATM 168

ATM Strategy America Online 168

PYMNTS

AUGUST 10, 2020

The goal for Advent is to profit on the surge in online sales. Online shopping is “booming as a result of coronavirus,” Martijn de Lange, CEO of Hermes UK, told FT, and the investment from Advent will help Hermes expand its delivery operations. He said he expects the peak in demand this year to set records.

Boston 141

Boston Online Groups Retail 141

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JANUARY 24, 2021

Niraj Hutheesing , founder and managing director of Cygnet Infotech said in a prepared statement: “Cygnet Infotech is an established GST Suvidha Provider since 2016, and has developed comprehensive solutions for GST, eWay Bill, and other tax compliance solutions.

Taxes 178

Taxes Compliance Software Fraud 178

PYMNTS

NOVEMBER 13, 2020

“We hope this product evolution to Google Arts & Culture will provide educators with a bridge to continue to use immersive content to transform their classrooms and enrich the learning experience for their students,” said Jennifer Holland, director of program management, education, for Google. . “As

Google 222

Google Las Vegas Tools New York City 222

CB Insights

FEBRUARY 13, 2020

As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Specifically, the Collisons aimed to more seamlessly connect online businesses and payment processors, allowing more businesses to accept online payments.

Online 98

Online Company Retail Payments 98

PYMNTS

DECEMBER 17, 2020

StockX has notched $275 million in a Tiger Global Management-led Series E funding round. The resale online shopping company, which was started in 2016, usually works in the resale of merchandise such as footwear on its live marketplace. Plus, the convenience store vertical has seen $21.7 million members.

Retail 226

Retail Report Company Pennsylvania 226

PYMNTS

FEBRUARY 24, 2017

National department store chain Kohl’s recently released its fourth-quarter financial earnings for 2016. While online order volumes were strong in Q4, slowing traffic to physical stores led to overall weak sales results for the end of 2016 to January 28, 2017. At the end of the year, Kohl’s operated 1,154 stores in 49 U.S.

Online 116

Online National Branding Management 116

PYMNTS

DECEMBER 30, 2019

The bank will be able to serve retail customers, lend money and take deposits, along with other online banking functions. Grab, which started out as a ridesharing company, has been introducing finance apps and payment solutions since 2016. Grab also recently said it wants to expand into artificial intelligence.

Digital Banking 134

Digital Banking Groups Online Regional 134

Bank Innovation

MAY 9, 2016

We can all agree Credit Karma, Chase Mobile, Bank of America, Wells Fargo, and PayPal aren’t leaving the Top Ten on App Annie anytime soon. But ratings and rankings aren’t everything — there’s also the cool factor. How easy is the app to use? Does it makes us feel good (even Read More.

America 150

America Mobile US social media 150

Bank Innovation

FEBRUARY 23, 2016

When we think of cool, James Dean doesn’t immediately come to mind. The app Songsterr does. We are proud fintech nerds, and for five years we have marked the Coolest Brands in Banking on Bank Innovation based not on the type of sunglasses worn by a CEO, but on the Read More.

Branding 150

Branding Innovation Fintech social media 150

PYMNTS

JULY 31, 2020

Authentic Brands Group ( ABG ), the New York-based brand management company, could be the latest potential buyer of Ascena Retail Group , the recently bankrupt parent firm of Ann Taylor, Footwear News reported. The New Jersey-based company operates about 3,000 stores, mostly at malls.

Puerto Rico 145

Puerto Rico Report New Jersey New York 145

PYMNTS

JULY 10, 2020

Property management firms thus need to provide digital ways for owners to onboard with real estate services as well as manage their properties, Wiel explained, especially as the space consolidates and scales itself amid the emergence of innovative online tools. Confronting Digital Onboarding’s Slow Growth.

Tools 131

Tools Management Industry Online 131

PYMNTS

NOVEMBER 27, 2019

Online small business lending platform Funding Circle is launching a new feature for U.S. Managing Director Bernardo Martinez. operations moved to quell concerns over investors’ inability to withdraw funds. small businesses to be able to choose from three approved loan options. In October, Funding Circle’s U.K.

Customer Experience 132

Customer Experience Lending Operations Capital 132

PYMNTS

SEPTEMBER 29, 2020

Jumio , known for its suite of artificial intelligence (AI)-powered identity verification and online know your customer (KYC) products, is beefing up its anti-money laundering (AML) powers. Another key component of the platform is helping companies manage various KYC and AML regulations in different jurisdictions across the world.

San Francisco 153

San Francisco Compliance Regulation cryptocurrency 153

PYMNTS

OCTOBER 21, 2019

Spanish lender Santander is planning to launch an online deposit platform in the U.S., The bank only operates physical branches in nine states, which limits its ability to attract deposits. investments, Santander aims to establish a new online portal with better money market rates than Wall Street banks, Powell said.

Metro 101

Metro US Online National 101

PYMNTS

JANUARY 22, 2019

Years later, memories of cramming can make us cringe or induce a nostalgic celebratory attitude: “Hey, I actually managed to do it! 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. Heck, yeah!”. Digital Progress.

How To 144

How To Fraud Online Mobile 144

Bank Innovation

FEBRUARY 8, 2017

The bank reached a “major milestone” at the end of 2016, according to David Gordon, the bank’s U.S. chief technology and operations officer. BMO Bank has been “heavily” investing in its technology architecture for the past five years. That’s in terms of all the tech capabilities we have built, which will Read More.

Innovation 150

Innovation blockchain Operations Technology 150

PYMNTS

APRIL 3, 2019

OnDeck has closed the merger between its Canadian operations and small business lender Evolocity Financial Group, also based in Canada. The combined business will continue operating under the OnDeck Canada name as one of the largest small business lenders in the country, OnDeck said. Financial details of the deal were not made public.

Lending 108

Lending Operations Online Groups 108

Bank Innovation

APRIL 28, 2016

Bank Innovation INV, this blog’s fintech accelerator, is pleased to today to announce the six extraordinary startups that have been admitted to its inaugural class.

Innovation 150

Innovation Security Fintech Company 150

PYMNTS

JANUARY 6, 2020

Food software startup Olo, named after the phrase “online ordering,” has plans to file an initial public offering (IPO) in 2020, according to a report from Bloomberg. The company got a real boost when The Raine Group invested $40 million in 2016, and again when Tiger Global Management invested $18 million in 2019.

New York 130

New York California Google Online 130

PYMNTS

OCTOBER 8, 2018

5) said MyEG is rolling out “PayMe” software, a tool allowing employers to manage payroll functions, like overtime, more accurately. “Leveraging the benefits of blockchain architecture is one of MyEG’s core [focuses] presently,” said Managing Director Wong Thean Soon in a statement.

blockchain 129

blockchain cryptocurrency Bitcoin Tools 129

PYMNTS

MAY 2, 2017

It’s on the rise in the eCommerce arena, according to data released from omnichannel commerce technology and operations company Radial’s eCommerce Fraud Technology Lab. In Q1 of this year, there was a 200 percent increase in credit card testing, up from 2016. Radial’s data also showed that overall fraud is up 30 percent year over year.

Fraud 150

Fraud Data Cards Retail 150

Bank Innovation

MARCH 10, 2016

Chase’s new online banking portal takes a page — or hundreds of pages, rather — from its mobile app, which is the nation’s most popular bank app with more than 22 million users. The site, developed over the course of 18 months, is being rolled out in stages throughout 2016, with Read More.

Mobile 150

Mobile Course National Online 150

PYMNTS

AUGUST 7, 2018

Airbnb listings will now appear alongside traditional hotels within the online travel booking solution operated by SAP Concur. The number of corporate users expensing Airbnb rose 42 percent between 2016 and 2017, the company said. The integration of listings is an extension of SAP Concur’s existing work with Airbnb.

Policies 117

Policies Management Online Tools 117

PYMNTS

MARCH 14, 2018

The company provides business customers with electronic money laundering detection and prevention technology, targeting transaction laundering that involves the use of a real merchant account to facilitate illegal transactions through a merchant processor or online marketplace, explained EverCompliant. million led by Arbor Ventures.

Risk Management 102

Risk Management Fraud America Online 102

PYMNTS

APRIL 2, 2018

Walmart is in talks to acquire online pharmacy start-up PillPack for under $1 billion. PillPack manages prescription medications for its customers, including people with multiple chronic conditions. In 2016, it was valued at $330 million. The retail giant currently operates pharmacies in close to 4,700 stores in the U.S.,

United States 100

United States Online Retail Operations 100