PYMNTS

FEBRUARY 4, 2020

In 2018, the Supreme Court struck down a 1992 law passed by Congress that made it illegal for most states to legalize sports betting within their borders. The decision opened the floodgates to legalized sports betting – both in-person and online – in the U.S. The industry is big business – and getting bigger by the day.

Online 134

Online New Hampshire Rhode Island District of Columbia 134

PYMNTS

JULY 28, 2020

Many shoppers who make purchases online rely on eCommerce marketplaces to discover items and connect with trusted sellers. Fifty-eight percent of worldwide eCommerce transactions were made using these platforms in 2018, for example, and consumers have since become even more accustomed to them. Domestic Seller Currencies.

Marketing 159

Marketing Regulation National Operations 159

PYMNTS

JANUARY 10, 2020

Lime is striving to reach profitability in 2020 and is laying off about 14 percent of its workforce — roughly 100 people — and ceasing operations in 12 markets, according to reports on Thursday (Jan. These market closures have an effect not just on riders, but on our whole Lime community. billion valuation, making it a unicorn.

San Antonio 132

San Antonio San Diego Marketing Phoenix 132

PYMNTS

JANUARY 29, 2019

For payments and commerce , there’s another uncertainty that hangs in the air: Will legal online sports betting keep going forward, despite a recent decision by the U.S. In the meantime, what should businesses that want to operate in that new world do besides sit around and wait? More about that in just a bit, though. Proactive Steps.

Online 169

Online Las Vegas New Jersey Fraud 169

PYMNTS

OCTOBER 18, 2017

The data-driven “Restock Kroger” initiative will largely take the place of new growth in the coming year, according to Supermarket News , with improvements to customer service and assortment winning out over expansion in 2018. The retailer is also expanding online ordering and delivery options available through Shipt and Uber.

Data 109

Data Strategy Branding Retail 109

PYMNTS

NOVEMBER 17, 2020

As more and more people look to complete everyday errands from home, pharmacy is an important and needed addition to the Amazon online store,” Doug Herrington , senior vice president of North American consumer, Amazon, said in a statement. The new Prime benefit comes care of the eCommerce giant’s new separate storefront: Amazon Pharmacy. “As

Marketing 181

Marketing Online Retail Branding 181

PYMNTS

JANUARY 10, 2018

When Mastercard launched the Start Path accelerator program in 2014, the goal – according to VP and senior business leader, Amy Neale – was to make it easier for emerging companies to enter “our world” through a combination of operational support, commercial access and some strategic funding. The Start Path Admissions Process.

Company 194

Company Meeting Millennials blockchain 194

PYMNTS

JANUARY 23, 2019

3 Super Bowl approaches — heaven for football fans and gamblers, including bettors who make wagers via online channels — federal authorities have brought a new level of uncertainty into the prospect of those legal bets. Now the operators of sports betting websites are wondering if the U.S. As the Feb. Supreme Court decision.

Online 143

Online New Jersey Las Vegas Risk Management 143

Bank Innovation

FEBRUARY 28, 2019

Payments company Klarna Bank AB grew revenue by about a third in 2018, but operating income fell and the speed at which merchants are signing up to the platform slowed. Klarna, which recently turned to Snoop Dogg to promote its online services, added 14,500 merchants in 2018 to its platform, down from 26,000 new merchants […].

Operations 170

Operations Online Payments Company 170

PYMNTS

JANUARY 17, 2020

The latest issue involves eSports – one of the rising trends in digital commerce , and one of the ways through which some mall and brick-and-mortar operators hope to revive those retail properties. The realm of eSports is not the only place in the greater online world where taxes are a new and sometimes confusing issue in 2020.

Taxes 132

Taxes Online Policies Philadelphia 132

PYMNTS

JANUARY 3, 2020

The ground zero, of course, was Wayfair , the 2018 case in which the Supreme Court ruled online retailers could be mandated to collect sales tax — and taxes could be levied by states on firms that do not have physical presence in those states. They have to have something powered by artificial intelligence (AI) to streamline operations.

Online 132

Online Taxes Compliance Missouri 132

PYMNTS

FEBRUARY 21, 2018

That was on top of news that Walmart’s increased profit-margin pressure was pushing an annual revenue estimate for 2018 that missed investor expectations. McMillon assured investors that 2018 should see an average eCommerce sales growth rate of 40 percent. We had a few operational issues from an inventory replenishment perspective.”.

Online 100

Online Taxes Branding Retail 100

PYMNTS

DECEMBER 30, 2020

Many enjoyed huge first-day price pops, heating up the IPO market even more — and 2021 seems poised to only continue the fireworks. Popular stock-trading app Robinhood Markets reportedly recently hired Goldman Sachs to lead a possible 2021 IPO that would value the company at more than $20 billion. Then shares soared 85.8 on March 13.

Marketing 198

Marketing Company Online Management 198

PYMNTS

MARCH 21, 2019

It might not have been inevitable, perhaps, but it was certainly expected: a regulatory backlash concerning the booming trade (both online and in brick-and-mortar stores) of eCigarettes , with their different flavors attractive to younger consumers — including underaged ones. This will have a huge impact,” Hochrieser told PYMNTS.

Online 152

Online Retail Regulation Trends 152

PYMNTS

FEBRUARY 11, 2020

While “reselling” or “secondary market” are more likely to keep ownership of this burgeoning market, the reselling market is reinventing itself for 2020. The company says 56 million women bought secondhand items in 2018, up from 44 million a year earlier. Nordstrom joins other department stores in the resell market.

New York City 124

New York City Marketing New York Los Angeles 124

Insights on Business

MARCH 19, 2018

– Saket Sinha, IBM Vice President & Partner, Banking & Financial Markets. To a maximum capacity audience and kicking off an exciting week of IBM Think 2018 in Las Vegas, IBM VP Saket Sinha led the “Intelligent Automation in Financial Services” breakout session. Intelligent automation’s ascent in financial services.

Las Vegas 138

Las Vegas System Operations Industry 138

PYMNTS

JULY 2, 2018

Apple has long been in the lead to become the first $1 trillion company based on its stock market value, but Amazon, the nation’s leading eCommerce player, is closing in on the iPhone maker. At the start of 2018, Bloomberg said Apple’s stock market value was 50 percent larger than Amazon’s, but now the gap is closer to 10 percent.

Apple 100

Apple Marketing Operations Online 100

PYMNTS

FEBRUARY 11, 2019

That’s been the case in markets such as the U.K. But since it’s the data point that most use to define the online/physical retail sales split, let’s use it to project, based on historical trends what the world looks line in twenty years. It also purchased online pharmacy PillPack , and owns Zappos and fashion eTailer Shopbop.

Online 197

Online Retail Mobile Branding 197

PYMNTS

OCTOBER 7, 2019

It started online and soon added stores where people could go and try on clothes and then place orders for them to be delivered. In 2018, it bought Elloqui, a plus-size women’s fashion brand. The decision for the layoffs came from Bonobos, she said. Walmart bought Bonobos for $310 million in 2017.

Online 100

Online Retail Digital Strategies Branding 100

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

MAY 1, 2019

Google appears to be losing steam in the ongoing race to dominate the online advertising market, and competitors Amazon and Facebook are taking advantage of the stumbles. Another issue is attached to this recent news: Searches – specifically, product searches, which help drive online commerce. percent in 2018.

Google 115

Google Online Course social media 115

PYMNTS

JANUARY 19, 2021

sports betting and online gaming venture with Entain, remains a key priority for the Company as we continue to leverage our preeminent physical gaming, entertainment and hospitality platform to expand digitally," Bill Hornbuckle , CEO of MGM Resorts International, said in a press release on Tuesday (Jan. BetMGM, our U.S.

Las Vegas 206

Las Vegas Online Operations Branding 206

PYMNTS

FEBRUARY 14, 2019

million international subscribers in 2018 and now boasts 137 million global users, according to the PYMNTS Connected Commerce Playbook. Convenience store operator 7-Eleven, for instance, said in November that some Canadian stores would take WeChat Pay and Alipay. Netflix, for instance, added 6.4

Retail 129

Retail Online Payments United States 129

PYMNTS

SEPTEMBER 30, 2019

Online Resale. Online resale has become all the rage — even for retailers like Neiman Marcus — from a little bit of everything on OfferUp to fashion-focused Poshmark and high-end The RealReal and 1stdibs. Sales of counterfeit goods through online marketplaces are expected to hit $1.8 billion per year to fake online sales.

Online 101

Online Fraud Branding social media 101

Insights on Business

AUGUST 10, 2018

Given IBM’s experiences helping clients accelerate their digital transformation journey with Cloud and AI, we’re particularly excited that “Enabling the digital economy” is the Sibos 2018 conference theme. Jim Brill, IBM Financial Services Marketing. IBM at Sibos 2018. Stay tuned for more blogs on Sibos 2018!

Conference 98

Conference Regional Examples Payments 98

PYMNTS

JULY 2, 2020

OPay , the SoftBank -backed African eCommerce and payments company, has suspended its Nigerian operation, citing the coronavirus pandemic and also a government ban, Bloomberg reports. The operations affected include ride-hailing services ORide and OCar, and logistics service OExpress, Bloomberg reports.

Operations 198

Operations Mobile Report Payments 198

PYMNTS

DECEMBER 10, 2020

The company’s shares come to market at $68 a share. Airbnb, of course, comes to market after the pandemic hit operations earlier this year — and then things snapped back. billion year over year, while operating losses grew from $173 million to $489 million over the same period. As noted in this space previously, on Sept.

Course 247

Course Online Marketing Operations 247

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 Rise of CNP Fraud.

Online 112

Online Payments Fraud Cards 112

PYMNTS

JULY 10, 2018

Coming up on the half mark in 2018, total fundraising on the continent has hit $168.6 The two biggest players in the FinTech startup have been Cellulant — a digital payments operation currently up and online in 11 African countries — and the online micro-lending startup Branch. So why the boom? Cellulant raised $47.5

Lending 100

Lending ATM Online Course 100

PYMNTS

FEBRUARY 18, 2019

To serve travelers from China who want to shop in-store and online, retailers thousands of miles away from Asia are accepting Alipay in brick-and-mortar stores and on the web. Walgreens is no stranger to the Chinese market – or Alibaba: In September , the retailer unveiled the launch of a Boots flagship store on Tmall Global.

Online 140

Online Las Vegas America San Francisco 140

PYMNTS

NOVEMBER 7, 2018

According to one recent estimate , consumers globally in the third quarter of 2018 downloaded 29 million apps from Apple and Google app stores, up 10 percent year over year. As reported by PYMNTS , in the third quarter of 2018, Apple ’s App Store came out on top in a big way, earning nearly 93 percent more app revenue than Google Play.

Marketing 122

Marketing Google Apple Mobile 122

Abrigo

DECEMBER 17, 2019

Both established markets and emerging vendors on the Dark Web have been actively promoting fresh inventory and steep discounts for holiday sales, including Black Friday and Cyber Monday. Another popular category in the underground is account markets. There are many operators of mule networks offering their services on the Dark Web.

Fraud 307

Fraud Tools social media Cards 307

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

AUGUST 13, 2019

The Securities and Exchange Commission (SEC) has announced fraud charges against a Brooklyn individual and two of his entities who allegedly engaged in a fraudulent scheme to sell digital securities to investors and to manipulate the market for those securities. million the defendants raised in 2017 and 2018.

Operations 115

Operations social media Bitcoin Security 115

PYMNTS

OCTOBER 15, 2020

Stripe is acquiring Paystack , a company that says it processes more than half of online payments in Nigeria. More than 60,000 businesses in Nigeria and Ghana use Paystack to securely collect online and offline payments, launch new business models, and deepen customer relationships.

Payments 227

Payments Resources Tools Online 227

PYMNTS

SEPTEMBER 10, 2018

Eventbrite, the company that operates a platform to create, manage and sell tickets to events, filed an amended registration statement with the Securities and Exchange Commission (SEC) in which it said it is aiming to raise a $200 million initial public offering (IPO). At the midpoint, Eventbrite would have a market capitalization of $1.55

Marketing 100

Marketing San Francisco Capital New York 100

PYMNTS

FEBRUARY 2, 2021

To an extent, that same spirit and intention is behind the recent spate of government approvals for online gambling. That leads to the product of said online activity — and that’s money. 1, a milestone that also made Action 24/7 the only locally owned sportsbook gaming operator of four licensed by the state. “I Winning Converts.

Tennessee 262

Tennessee Payments social media Regulation 262