PYMNTS

AUGUST 30, 2018

India-based eCommerce marketplace Paytm Mall wants to work more closely with regional retailers and team up with eCommerce grocery service BigBasket to compete with Flipkart and Amazon, according to recent Reuters reports. It is currently the third-largest company competing in the country’s retail space. “We

New York City 102

New York City Columbus Portland New York 102

PYMNTS

JULY 23, 2020

Regulators in Mexico passed a law governing FinTechs in March 2018, just two months after PSD2 went into effect in the European Union, and others in the region have since followed suit. the region. There were 441 FinTechs operating in Mexico in 2019, a 14 percent increase from 2018.

America 165

America Regulation Regional Tools 165

PYMNTS

OCTOBER 7, 2019

The Supreme Court’s order, according to reports , essentially opens the door to other such lawsuits — and could serve to increase the pressure on eCommerce operators to make their online and mobile stores accessible to consumers with disabilities. Domino’s stands out for its retail innovations. Domino’s Innovations.

Retail 116

Retail Google Innovation Software 116

PYMNTS

OCTOBER 23, 2019

As more retailers try to get more shoppers into their stores – not everything is about eCommerce, after all – new technologies are playing a big role. Many retailers use beacons now, but they’re almost always hidden,” that report said. percent since 2018. It’s a great time to be transforming retail,” Levene said.

Innovation 101

Innovation Mobile Retail Regional 101

PYMNTS

JANUARY 17, 2019

L’Occitane originated in the French region of Provence — though today it is headquartered in Luxembourg and Switzerland — and currently operates locations in 90 countries with 3,285 retail outlets. billion euros in net sales ($148 billion) and 142 million euros ($161 billion) in operating profit last fiscal year.

Branding 123

Branding Regional Retail New York 123

PYMNTS

JUNE 17, 2020

upheld a 2018 ruling by a lower court, the Court of Appeal, that payments firms Visa and Mastercard had restricted competition for retailers by levying fees on transactions, known as multilateral interchange fees (MIF). The high court’s dismissal of Visa and Mastercard’s appeal paves the way for the retailers to seek compensation.

Cards 150

Cards Retail Regional Marketing 150

PYMNTS

MARCH 20, 2020

Sweden’s oldest retail bank will face a hefty $386 million fine for a scandal that erupted last year over the bank’s poor handling of money laundering issues in the Baltic region, according to Reuters Thursday (March 19). Swedbank’s CEO and much of the board were fired as a result.

United States 139

United States Regional Retail Report 139

PYMNTS

FEBRUARY 3, 2020

There was lots to watch in the world of payments and commerce last week, with red flags flown in physical retail, international commerce and crypto. Physical Retail Stumbles Into 2020 . The year got off to something of a rocky start for physical retailers, as the recent spike in store closures carried on and even picked up strength.

Bitcoin 132

Bitcoin Data Retail Charlotte 132

PYMNTS

APRIL 2, 2019

Xiaomi globally made less than 1 percent profit margin from hardware or device sales in 2018, and we have stated that will never make more than 5 percent profit margin on hardware. The company relies on three financial benchmarks — devices, retail and services — and it hasn’t monetized any of its services just yet.

Samsung 108

Samsung Retail Video Regional 108

PYMNTS

OCTOBER 16, 2019

As it stands, the company operates two distribution centers in the Sao Paulo area and will bring facilities to other regions to offer faster delivery in a country that is bigger than the continental U.S. Early outlay guidance for 2020 comes after investments of 2 billion reais in Brazil in 2018 and 3 billion reais in 2019.

Regional 109

Regional Operations Tools Retail 109

PYMNTS

MAY 1, 2019

Namdhari’s Fresh operates more than 30 stores in Bengaluru, in the southern part of India. Flipkart launched its grocery unit in 2018, teaming with Supermart in Bengaluru. In February, new eCommerce rules went into effect that prohibited foreign eCommerce companies from owning a large stake in local online retailers.

Regional 116

Regional Operations Online Report 116

PYMNTS

MARCH 12, 2019

. $172 billion: The value of peer-to-peer (P2P) transfers consumers made via their bank accounts in 2018. 10 : The number of countries in the region in which Grab operates. 67 percent: The share of Australian citizens expected to use real-time payments by 2023.

Taxes 122

Taxes Regional Data Mobile 122

PYMNTS

FEBRUARY 23, 2018

Albertsons will convert its existing pharmacies to Rite Aid stores, while current Rite Aid locations will operate as standalone pharmacies. Together, the company will operate around 4,350 pharmacy counters and 320 clinics across 38 states and Washington, and will be worth around $83 billion. The net result? That comes as 16.7

Retail 116

Retail America Course United States 116

PYMNTS

DECEMBER 11, 2019

Amazon had record sales on Cyber Monday orders, but had to contend with regional winter storms. Amazon launched one-day delivery in April, prompting FedEx to cancel its agreement with the online retailer. However, deliveries were still on time, with Amazon calling the ShipMatrix data “inaccurate.”. ShipMatrix said that 93.7

Data 131

Data Regional Trends Retail 131

PYMNTS

NOVEMBER 1, 2018

Lower ATM operating revenue in the U.K. ATM operating revenue, meanwhile, declined 15 percent year over year to $329.8 ATM operating revenue, meanwhile, declined 15 percent year over year to $329.8 North American ATM operating revenue increased 3 percent, but was offset by lower revenue in the U.K. Late Thursday (Nov.

ATM 155

ATM Cards Operations Regional 155

PYMNTS

AUGUST 15, 2019

Automation promises many benefits in retail, including the potential to reduce costs and improve the customer experience. The July Automated Retail Tracker examines the latest cashierless efforts in retail and finds which are experiencing uptake and which may fall flat. Just because you can doesn’t mean you should, though.

San Francisco 128

San Francisco Retail Minnesota Regional 128

CB Insights

FEBRUARY 13, 2020

Sigma aims to streamline business operations. Stripe Atlas (business incorporation tool) and Stripe Sigma (business analytics and reporting) can help simplify business operations. Stripe often states that less than 8% of total commerce occurs online, suggesting roughly $26T in global, omnichannel retail sales. Source: Stripe.

Online 98

Online Company Retail Payments 98

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. As noted by the newswire, western banks through the past five years have faced increasing pressure in the region, in part due to sanctions levied in the wake of Russia’s annexation of Crimea.

Online 108

Online Regional Mobile Retail 108

PYMNTS

JANUARY 9, 2020

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. Europe was the first region to adopt EMV technology, and sees a transaction rate of more than 99 percent. and Europe.

Fraud 131

Fraud Cards Retail Security 131

PYMNTS

MARCH 12, 2020

Payment processors expanding their operations into new industries and markets have their work cut out for them, however. Fraudsters can use fake IDs and stolen cards to place orders and quickly make off with items before retailers catch on. Understanding The Merchant Sector. The card industry’s 3D Secure 2.0

Fraud 130

Fraud Analysis Regional Examples 130

PYMNTS

MAY 12, 2020

Cao has served as senior vice president in charge of store operations and customer service since 2018. Before joining Luckin, he had more than 23 years of experience at McDonald’s China and served in various positions, including vice president and North regional manager.

Fraud 185

Fraud Chicago Washington Regional 185

PYMNTS

AUGUST 14, 2018

New research shows that Google gained ground on Amazon ’s global smart speaker share for the second quarter of 2018. The research shows that Amazon’s shipments fell to 41 percent in Q2 2018 from 44 percent in Q1, and from 76 percent in Q2 of last year.

Google 101

Google Analytics Apple Strategy 101

PYMNTS

FEBRUARY 24, 2020

As reported last week, Bear Down Logistics is no longer working with Amazon, with the firm cutting hundreds of jobs in the wake of that severance, and effectively ceasing operations across five states. Consider the fact that Amazon started its program in 2018 to work with smaller firms to get packages where they needed to go.

Michigan 196

Michigan Illinois Ohio Virginia 196

CB Insights

MARCH 8, 2018

Digital banking startups — or challenger banks — have gained traction over the past few years by bringing retail banking services mobile. Banks in Fintech: what’s ahead in 2018. What we’re watching in 2018. Join us for data-driven look at how major banks are approaching fintech investments and taking on insurgents.

Retail 78

Retail Digital Banking Fintech Regulation 78

PYMNTS

OCTOBER 30, 2020

The purchase builds on a strategic partnership and investment made in 2018, where Visa invested in the firm back then. The “whose customer is it” question is now at the core of a number of the platform dynamics at play today and experiences that shoppers and retailers have with those platforms. Trackers And Reports . In the U.S.,

Technology 161

Technology Apple Payments Capital 161

PYMNTS

NOVEMBER 23, 2017

Starbucks has opened its first store in Jamaica, making it the international coffee retailer’s 76th global market. According to news from Chain Store Age , this latest brick-and-mortar location also represents Starbucks’ 17th market in the Latin America and Caribbean region.

Regional 101

Regional America Operations Meeting 101

CB Insights

OCTOBER 10, 2018

Startups targeting retail and commercial banking have been emerging globally, spurred by favorable tech regulations, an uptick in mobile adoption, and shifting customer demographics. One of the biggest challenges these companies face is that many operate without a bank charter or license. why profitability won’t come easy.

Retail 78

Retail Cards Millennials Mobile 78

CB Insights

AUGUST 26, 2021

Many of SoftBank’s portfolio companies operate across a variety of different industries. Retail & consumer. SoftBank has invested in 35 companies in the retail & consumer sector in 2021 so far, making it the most popular sector among its 2021 investments. We’ve categorized companies according to top focus areas.

Regional 94

Regional Fintech Analysis Company 94

PYMNTS

FEBRUARY 6, 2019

The Go-Jek funding news underscores the heavyweight backing of strategic investors, where for example, Mitsubishi has an eye on collaboration potential between far-flung businesses that span operations already in Indonesia, such as logistics and convenience stores. billion seen in 2017. The Wall Street Journal reported Wednesday (Feb.

Regional 123

Regional Groups Examples Report 123

PYMNTS

JANUARY 9, 2020

The app will be available on the App Store for iPhones in Q2 of 2020, and additional accessibility and regional availability will come in the future. Power 2018 U.S. And Snapchat operator Snap is doubling down on AR usage as they implement many features that allow users to experiment and play with the new technology.

Cards 131

Cards Examples Regional Apple 131

Accenture

JUNE 20, 2019

And nearly 80 percent of bank operations leaders say their organization’s existence could be threatened without flexible technology for rapid innovation. Consider this: CFOs of a regional health system and a global retailer use the same tool, even though their cash management needs could not be more different.

Survey 150

Survey Customer Experience Payments Management 150

PYMNTS

JANUARY 16, 2019

In the ICC’s Global Survey 2018 report, researchers found supply chain finance at the top of banks’ priorities, with 42 percent of respondents prioritizing growth in supply chain finance in the year ahead.

Survey 137

Survey Operations Technology Regional 137

PYMNTS

MARCH 15, 2019

The announcement from the mobile network provider serves as the latest demonstration that 5G is coming, and that retailers and payment services providers should get ready to operate in the 5G world. 5G Potential.

Mobile 168

Mobile Indianapolis North Carolina Minneapolis 168

PYMNTS

AUGUST 6, 2018

As the title implies, while CEOs are feeling confident about the economy (CEOs surveyed in all regions revealed record-high levels of optimism for the year), only 45 percent said they are “very confident” about their own growth prospects. An additional 46 percent said they are “merely confident.”

Survey 100

Survey Strategy Industry Regional 100

PYMNTS

OCTOBER 22, 2019

Those operations manage and own 50 percent of [U.S. Between June 2017 and June 2018, for instance, consumers withdrew more than $30 billion from non-interest earning accounts at U.S. Between June 2017 and June 2018, for instance, consumers withdrew more than $30 billion from non-interest earning accounts at U.S.

Community Bank 116

Community Bank Community Operations Leadership 116

PYMNTS

MAY 8, 2020

consumers more frugal, but other individuals are still turning to retail therapy to cope with stresses. The importance of fast, secure disbursements might hold a different weight now that players are betting online more often and more readily looking for the speeds they experience with typical retail transactions. Casinos in the U.S.

Online 176

Online Industry New Jersey Pennsylvania 176

PYMNTS

AUGUST 29, 2018

As Bloomberg put it, the “decline followed weak retail sales data earlier in the week and brings the Swedish currency’s losses this year to more than 8 percent against the euro.” percent for 2018.”. Such lows were last seen in 2009. Rate Decision. “We Cashless Tilt. The culprit? A stronger U.S.

Regional 115

Regional Payments Retail Tools 115