PYMNTS

MARCH 2, 2020

Retailers often need additional coverage during peak holiday shopping periods, hospitals may need substitutes for nurses on paternity leave and construction companies might need to increase staff for sizable projects. The national unemployment rate fell to its lowest level since 1969 in April 2019 — 3.6 rose from 3.1 million by 2022.

Cards 130

Cards ATM United States Payments 130

PYMNTS

AUGUST 13, 2018

Today’s coverage includes the newest sales figures from the National Retail Federation (NRF), along with two stories about new revenue paths for Amazon. Retail sales are expected to rise by at least 4.5 percent over 2017, compared to the 3.8 NRF Increases Sales Forecast For 2018. percent to 4.4

Retail 100

Retail cryptocurrency blockchain National 100

PYMNTS

DECEMBER 8, 2017

They say gift cards are the gift that always fits. Thieves simply walk into Walmart, Target, Home Depot, Lowe’s or another big-name retailer, steal an item, return it at a different store without a receipt and receive a gift card in return, which they can then turn around and sell to a pawn shop or secondary store for a lower price.

Fraud 105

Fraud Cards Tennessee Retail 105

PYMNTS

DECEMBER 12, 2017

Major retailers such as Target, Home Depot, Walmart and Lowe’s have been forced to introduce stricter return, store credit and gift card policies in response to a troubling trend. They say gift cards are the gift that always fits. I feel like I could’ve found a way around any rule they make,” Ashlee Smith, 24, told CNBC.

Retail 105

Retail Fraud Cards Florida 105

PYMNTS

NOVEMBER 14, 2018

Etsy is hardly alone: eCommerce is experiencing year-over-year growth of 14 percent, according to the Payments Powering Platforms Tracker , and merchants looking to capitalize on this rise must accept the preferred payment methods of their customers, which include everything from credit cards to PayPal to Venmo and everything outside and in between.

Retail 131

Retail Payments Apple Online 131

PYMNTS

OCTOBER 19, 2017

announced a 10-year extension of its fleet fuel card contract with convenience chain retailer Sheetz, Inc., WEX supports the Private Label, Universal and Tri-Brand fleet cards available at Sheetz, which can be used to purchase gasoline at store locations. On Wednesday (Oct. 18), payment solutions company WEX, Inc.,

Cards 100

Cards West Virginia North Carolina Virginia 100

PYMNTS

SEPTEMBER 28, 2020

1, 2017, and Jan. In other news, CoinFlip will now offer a bitcoin-enabled gift card marketplace, according to a report by Bitcoin Magazine. The marketplace came about through a partnership with eGifter and will allow for the sale of gift cards in exchange for bitcoin. Closing at $10,793 on Sunday (Sept.

Bitcoin 215

Bitcoin cryptocurrency Cards Texas 215

PYMNTS

JANUARY 9, 2020

The shift from magnetic stripe to EMV chip cards marked one of the 21 st century’s most widespread payment developments. Chip cards have been heralded for their improved functionality and security, but they have still failed to address critical authentication problems, leaving retailers to bear the brunt of these vulnerabilities.

Fraud 131

Fraud Cards Retail Security 131

PYMNTS

JANUARY 4, 2019

Digitally native retailers are opening stores to bring their virtual experiences into the real world, and Zola is one of the latest merchants to test out the brick-and-mortar waters. The wedding retailer opened a store in New York City’s Flatiron District that is billed as a “one-stop-shop for wedding planning.”.

NJ 129

NJ Retail New York City New York 129

PYMNTS

SEPTEMBER 24, 2018

100 Billion : Amount of online retail sales brought in during 2017. 33 percent : Share of card customers who prefer talking to a live person on the phone. 25 : The number of nations in which Taxify operates. $1 90 percent : Share of American businesses that have experienced a late international payment in the last year.

Data 167

Data National Innovation Retail 167

PYMNTS

MAY 1, 2017

The dividend of $7 per share will be payable May 26, 2017, to shareholders on record at the close of business. While international food retail group Ahold Delhaize (AD) has seen value drop consistently since the beginning of March, the last week of April trading indicated signs of a rally, closing the month out on an up note.

National 100

National Las Vegas Texas Columbus 100

PYMNTS

JANUARY 13, 2020

The launch of EMV chip cards in the U.S. in the early 2000s had much of the hoped-for effect: By 2017, both Mastercard and Visa had reported that counterfeit fraud was more than halved. Despite their success, the use of EMV cards with no required PIN codes has left a door unlocked for crooks. It’s not all good news.

Trends 136

Trends Fraud Cards National 136

Gonzobanker

DECEMBER 19, 2017

Seriously, sit back with a pocket flask of Pappy Van Winkle, smoke a cigar (or your combustible of choice if you live in Colorado, California, Washington, Oregon, Nevada, Main or Massachusetts) and enjoy the 2017 GonzoBanker Awards. Monty Python “I’m Not Dead … Yet” Award – Goes to physical retail. FinTech threats and distractions.

Conference 90

Conference Industry Community Bank Community 90

PYMNTS

MAY 11, 2018

That’s one of the driving ideas behind a new service that Marriott International recently launched for Chinese travelers going overseas — a service that also helps to demonstrate how the country’s growing tourist class is changing payments and retail. Marriott began working with Fliggy in August 2017. Last year, the U.S.-based

Retail 129

Retail Payments social media Mobile 129

PYMNTS

JUNE 29, 2020

Launched in the Ukraine a decade ago, the internet-based cybercriminal enterprise stole identities, compromised debit and credit cards and personal, financial and banking information and spread computer malware, the Justice Department’s Criminal Division said in a statement. In April, a joint study by the U.S. and the United Kingdom.

Nevada 201

Nevada Cyber Security Study Security 201

PYMNTS

APRIL 9, 2020

consumers who had shopped in a physical retail location during the previous week. By that time the nation had accepted the COVID-19 pandemic’s inevitability, triggering a wave of stock-up buying of household supplies as face masks were suddenly everywhere, and major coronavirus-induced lockdowns commenced. This is down from 4.5

Mobile 140

Mobile Apple Cards Millennials 140

PYMNTS

FEBRUARY 16, 2018

She told investors during the earnings call that Pepsi’s investment in “eCommerce across multiple channels, from e-grocery, to direct to consumer, to pure play, helped drive exceptional growth in 2017.”. And the numbers in this regard don’t lie: Physical retail is growing at a rate of about 3.6

Retail 124

Retail Branding Mobile Strategy 124

PYMNTS

NOVEMBER 27, 2019

Retailers are certainly in the swing of things. The retailer is also planning events based on popular culture, with Pokémon, Frozen and Star Wars on the roster. Aiming to attract more kids and parents to the store, the retailer is aiming to make the experience as enjoyable as possible.

Trends 130

Trends Millennials Retail Study 130

PYMNTS

MARCH 20, 2019

percent – of commuters – who did the same in 2017. From SPOT to Starbucks , online platforms and retailers are providing consumers with new ways to place orders or make purchases from the car. By comparison, mobile ordering and payment accounted for 9 percent of those transactions in the fiscal third quarter of 2017.

Los Angeles 183

Los Angeles Retail Philadelphia Miami 183

PYMNTS

JUNE 19, 2018

The average Restaurant Readiness Index score in Q4 2017 was only 38.7 Fifty-five percent of surveyed consumers in Q4 of 2017 said the most important reason they prefer their merchant was a third-party aggregator app. Debit Cards. Gift Cards. out of 100, according to the PYMNTS Restaurant Readiness Index.

Survey 115

Survey Cards Study Innovation 115

PYMNTS

MAY 8, 2018

The decision is intended to both prevent fraud and reduce errors, the retailer said. The news comes as major retailers like Target , Home Depot , Walmart and Lowe’s have been forced to introduce stricter return, store credit and gift card policies in response to a troubling trend.

Tennessee 101

Tennessee Policies Retail Fraud 101

PYMNTS

NOVEMBER 15, 2018

According to Market Watch , a new report by Piper Jaffray found that teens would rather have those items than cash or gift cards. holiday sales are expected to top $1 trillion this year, nearly 6 percent more than 2017. All teens want for the holidays this year is a new iPhone and some Fortnite “V-Bucks” virtual currency.

Apple 123

Apple Video Retail Branding 123

PYMNTS

MAY 31, 2019

Perhaps at this point it might be better to ask which retailers, if any, are not shuttering stores. That was down 30 percent from 2017, when store closures totaled 8,139 locations. and China (and now, other nations such as Mexico). For now, as tariffs go, so will retail — and the clouds are still gathering. The reason?

Cards 122

Cards Retail Course America 122

PYMNTS

JUNE 7, 2019

Mobile point-of-sale (mPOS) solutions have enjoyed widespread uptake in much of North America, and the region’s related market could see continued growth if solutions providers, government officials and other stakeholders play their cards right. percent between 2017 and 2026. Still, it’s not all smooth sailing and easy growth.

America 128

America Mobile Cards Study 128

NCR

MAY 2, 2018

Steady growth in card payments has been one of the strongest trends in the global financial services industry in recent decades. In the US , for example, the number of people who used any credit card over a three-month period increased from 171.9 million in spring 2017. million in spring 2017. Cash remains important.

Cards 73

Cards ATM Payments Trends 73

PYMNTS

APRIL 7, 2017

ECommerce sales in Vietnam are projected to grow some 22 percent in 2017, according to data from eMarketer. By the end of the year, analysts expect digital retail sales in Vietnam to make up 1.2 percent of the total retail market share. The growth is part of the broader digital boom across Southeast Asia.

Payments 103

Payments National Retail Survey 103

PYMNTS

APRIL 15, 2019

To help build customer loyalty, eCommerce and brick-and-mortar retailers have a myriad of tools on hand: Cashiers can sign customers up for loyalty cards at brick-and-mortar stores, and eCommerce sites can send customers special offers and coupons by email. The machine also has a 21-inch screen that allows consumers to interact.

San Francisco 130

San Francisco Retail System New Jersey 130

PYMNTS

FEBRUARY 16, 2018

Two Russian nationals have been handed prison sentences for their roles in hacking corporates and financial institutions (FIs) in the U.S., The publication said the two individuals, Vladimir Drinkman and Dmitriy Smilianets, were involved in a computer hacking scheme that impacted 17 retailers in the U.S., Bloomberg reported this week.

New Jersey 101

New Jersey Fraud Survey Cards 101

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. percent of all retail sales. consumers — 47.2 Share of U.S.

Apple 227

Apple Study Innovation Survey 227

PYMNTS

DECEMBER 24, 2019

All that’s left now, more or less, is the rush of returns that will all but overwhelm some retailers. However, after almost 50 years, it began to fade in the 1980s, disrupted by the emergence of store-branded credit cards. In 2017, price discounts were about 19 percent. Top Sellers. For boys, LEGO remains the top seller.

Millennials 139

Millennials Branding Trends Retail 139

PYMNTS

SEPTEMBER 25, 2017

According the National Retail Federation (NRF), Halloween this year will see record-breaking shopping numbers. More people will be celebrating, which will mean bigger spend on Halloween costumes, candy and pumpkins in 2017 than in previous years. billion will be spent on decorations and $410 million on greeting cards.

social media 130

social media Retail National Online 130

PYMNTS

JANUARY 24, 2019

Since The Clearing House (TCH) launched Real-Time Payments (RTP) in 2017, the system has yet to reach ubiquity in the U.S. The Federal Reserve recently sought to propel faster payments adoption by requesting feedback from financial institutions (FIs), retailers and other stakeholders on whether it should create its own real-time payment rail.

US 167

US System Payments Retail 167

PYMNTS

JANUARY 19, 2018

million fake accounts in the retail banking units. And in late 2017, the Navajo nation alleges that Wells Fargo – the only national bank that services its territory – opened unauthorized bank accounts and debit cards, and also pressured people, especially the elderly, to enroll in services they did not need.

Online 102

Online Payments National Retail 102

PYMNTS

FEBRUARY 26, 2018

The company announced plans for a mobile-only ordering store in its Seattle headquarters in 2017, and now it’s bumped it up another notch. Starbucks and Chase announced in February that they were rolling out a Starbuck Rewards Visa Card, a co-branded credit card integrated with the Starbucks Rewards loyalty program.

Mobile 109

Mobile Innovation Payments Miami 109

PYMNTS

MAY 10, 2017

Since December, Burger King has been testing mobile payments in the Miami area and is aiming to roll it out on a broader scale, Jose Cil, Burger King’s president, told Bloomberg, noting it’s likely there will be a national rollout of mobile ordering and payments in the coming months.

Mobile 104

Mobile Miami Payments National 104

PYMNTS

SEPTEMBER 18, 2020

The Nation: “Amazon’s many tentacles provide it with novel ways to strong-arm suppliers.”. percent of retail spend. That line is defined by PYMNTS as Prime, the co-branded Chase credit card and advertising services. In 2017, after the two co-branded cards debuted, it jumped to $11 billion, on its way to $27.4

Comparison 163

Comparison Seattle Retail Branding 163

Tomorrow's Transactions

JANUARY 19, 2017

Naturally, as is the case for most forward-looking of retailers, they do not take cash, so I paid with one of the many cards about my person. Perry Kramer, vice president and practice lead at consultant Boston Retail Partners, contends that as many as four-fifths of (US, I presume) retailers are already “largely cashless”.

Retail 30

Retail Case Study Cards Boston 30