PYMNTS

JULY 1, 2019

The financial services landscape is moving to upgrade existing payment infrastructures or create new systems to deliver faster and more secure payments. And, in retail, Unbound Merino could change the rules of hygiene with a line of clothing that can be worn multiple times, and design innovator Jony Ive is leaving Apple.

Security 116

Security Payments Apple System 116

PYMNTS

JULY 9, 2019

Automated retail might conjure up images of robot cashiers, but beyond a few convenience stores in Japan and Korea, that sci-fi development hasn’t yet become reality for the wider world. The latest Automated Retail Tracker explores these trends and new developments in the unattended retail space. smartphone users.

Retail 180

Retail Houston Minnesota Austin 180

PYMNTS

JANUARY 15, 2021

The holiday shopping season is the most wonderful time of the year for the retail industry. Brick-and-mortar merchants and online retailers alike often rely on end-of-year sales to generate up to 40 percent of their annual revenues and start the new year on a positive note. A notable $730 billion in U.S. A notable $730 billion in U.S.

Retail 159

Retail Online Fraud Cards 159

PYMNTS

JUNE 24, 2020

Now, in addition to car and personal loans on behalf of retail and institutional investors, Zopa will introduce savings accounts this week, to be followed by the addition of credit cards later this year. He said this recent development is “a good validation of our strategy.”. million) to become a challenger bank.

Security 215

Security Capital Cards Report 215

PYMNTS

NOVEMBER 9, 2018

The ascent of eCommerce and the digital tools that support it have made it easier — in both theory and practice — for retailers to not only see how consumers browse and what they buy (to analyze the entire path to purchase), but to get to know them in the same ways as those old-time general store operators who served small towns.

Innovation 174

Innovation Retail Maine Security 174

PYMNTS

JULY 24, 2019

billion IoT devices by 2025, up from 7 billion in 2018. Despite IoT’s popularity, however, security a nd privacy issues continue to make headlines. In the July Intelligence of Things Tracker™ , PYMNTS explores the latest news in IoT, including partnerships, innovations, security risks, and oversight from world governments.

Security 172

Security Regulation Industry Study 172

PYMNTS

MARCH 11, 2019

Retailers are becoming more interested in omnichannel offerings: The PYMNTS mPOS Tracker found that 67 percent of those surveyed listed it as a priority for this year. From Walgreens to HP , retailers and technology providers are embracing the world of mobile payments through the help of point-of-sale technology.

Retail 213

Retail Technology Atlanta San Francisco 213

PYMNTS

JANUARY 10, 2020

According to its Securities and Exchange Commission stock registration statement, as cited by CNBC , the online mattress retailer said it lost $73.4 million in 2018. The funding was to be used to help power its global growth in addition to the spread of its physical retail stores. million in 2017 and $92.1

Retail 130

Retail Online New York America 130

PYMNTS

FEBRUARY 10, 2020

In retailing it’s usually a good thing when you’re the first to do something. And except when you’re the first retailer to get rung up under the new California Consumer Privacy Act (CCPA). The CCPA is similar to the European Union’s General Data Protection Regulation ( GDPR ), which took effect in 2018.

California 156

California Retail Compliance Data 156

PYMNTS

JANUARY 9, 2019

Retailers raked in more than $850 billion during the 2018 holiday season, marking the fastest holiday retail sales growth seen in the past six years. Luxury retailers have been slower to move online than some other retailers, but the impact of online sales in this industry can already be seen.

Fraud 109

Fraud Retail Security Online 109

PYMNTS

JANUARY 22, 2019

In a press release , the Cupertino, California iPhone maker said that with the addition of the national retailers, 74 of the leading 100 merchants in the U.S. and 65 percent of retail locations around the U.S. Other major retailers that now support Apple Pay include Costco and CVS Pharmacy. support Apple Pay.

Apple 145

Apple Retail California Course 145

PYMNTS

AUGUST 21, 2019

There was no direct, immediate indication that the technology — and this new advance — would have retail or payment implications anytime soon. billion digital records were compromised in the first half of 2018 alone — a staggering figure that could not have been possible if digital IDs were not drawing so much attention.

Retail 185

Retail Payments Analysis Software 185

PYMNTS

OCTOBER 22, 2020

tZERO announced that its tZERO Markets retail broker-dealer subsidiary is now online and has rolled out a web application, according to a Wednesday (Oct. Now that tZERO Markets is live, it will provide its customers with a superior experience for onboarding and trading digital securities. 21) announcement.

blockchain 168

blockchain Retail Bitcoin cryptocurrency 168

PYMNTS

JUNE 2, 2018

The phrase is also a familiar refrain in retail — sung by retailers when disappointing results come at the same time as a streak of unusual and unseasonable (aka lousy) weather. In Q1 of 2018, the cooler than usual spring/summer contributed to retailers posting less than stellar sales. According to the experts … sort of.

Retail 101

Retail Washington Regional Report 101

PYMNTS

AUGUST 17, 2017

The same can be said for retail and organizations around the world. This year, spending on IT security efforts to help avoid future cyberattacks will reach an all-time high, according to Gartner’s latest research. Here are the numbers: $93 billion | Amount Gartner predicts information and IT security services will be for 2018.

Security 109

Security Data Management Retail 109

PYMNTS

FEBRUARY 11, 2019

Amid great technological change, health and beauty retailers are developing strategies to drive innovation. In some cases, retailers are using social media tools such as Instagram to post promotions and product tutorials — or interact openly with consumers about their offerings. More than six in 10 health and beauty firms — or 61.7

Innovation 166

Innovation Retail social media Apple 166

PYMNTS

FEBRUARY 10, 2020

In retailing it’s usually a good thing when you’re the first to do something. And except when you’re the first retailer to get rung up under the new California Consumer Privacy Act (CCPA). The CCPA is similar to the European Union’s General Data Protection Regulation ( GDPR ), which took effect in 2018.

California 130

California Retail Compliance Data 130

Abrigo

SEPTEMBER 12, 2019

The Federal Trade Commission’s latest round of warning letters to companies selling products containing cannabidiol (CBD) is a reminder to financial institutions to tread carefully as they look into the possibility of providing banking services to cannabis-related retailers and other cannabis-related businesses (CRBs).

Retail 150

Retail Policies Regulation Compliance 150

PYMNTS

MAY 8, 2020

Samsung introduced its payments tool in 2015 with MST (Magnetic Secure Transmission) technology as well as Near Field Communication (NFC), a newer technology. Samsung Pay has increasingly grown in popularity, processing more than one billion transactions , almost double compared to 2018. That number was about 25 percent for U.S.

Samsung 230

Samsung Management Cards Regional 230

PYMNTS

FEBRUARY 25, 2019

According to a report in The Financial Times citing the Financial Conduct Authority, during 2018 there were 145 breaches reported to the Financial Conduct Authority. Retail banks reported 25 breaches compared to 1 in 2017, noted The Financial Times. That is up from just 25 in 2017.

Data 139

Data Industry Report National 139

PYMNTS

JANUARY 8, 2021

Bloomberg notes that such an offering would be unusual, as retail investors generally do not get an opportunity to participate in an IPO at the offering price. Having retail investors buy shares ahead of the opening could also limit the size of the rally of the stock on its first day of trading.

Massachusetts 363

Massachusetts Fintech Millennials Retail 363

PYMNTS

DECEMBER 17, 2020

Digital fraud is a long-running problem for merchants, retailers, banks and businesses of all types. Account takeovers and shipping fraud increased by 347 percent and 391 percent, respectively, between 2018 and 2019, and the pandemic has only exacerbated these issues. Developments From The World Of Digital Fraud.

Fraud 255

Fraud Online Retail Examples 255

PYMNTS

MAY 28, 2018

Of course, in the past, these brick-and-mortar businesses weren’t really designed or conceived of as retail locations at all. Nor were they really located like retail locations, as anyone who has ever spent a half-hour navigating an industrial park looking for a Comcast location can gladly attest.

Retail 100

Retail Tucson Apple Video 100

PYMNTS

APRIL 16, 2018

retail sales bounced back a bit in March, according to figures just released by the Commerce Department, The Wall Street Journal reported. A bit of a commerce chill settled on consumer-spending patterns in the later days of 2017 and early 2018, but it seems customers have found their appetites again for cars, appliances and furniture.

Retail 110

Retail Taxes National Trends 110

PYMNTS

MARCH 11, 2020

The advance of Amazon’s cashierless technology is not a new story to the retail beat as of 2020. We’re not trying to replace them,” Cameron Janes, vice president of Amazon’s physical retail division, told CNBC. “I Have other retailers signed on with the service? We’re not trying to be Whole Foods.

Retail 130

Retail San Francisco Technology Data 130

PYMNTS

JUNE 5, 2020

The world of retail might not be quite getting back to normal, but people are starting to pick up some pieces of their old day-to-day lives again. A few big-ticket purchases of digital apparel retailers like ModCloth and Bonobos didn’t turn out as planned. Those items are available for purchase, but are being stored in a secure room.”.

Retail 141

Retail Georgia Atlanta blockchain 141

PYMNTS

JANUARY 4, 2018

When looking at the top two methods, consumer confusion about how to use the system is on the decline, as are concerns about the relative security of mobile next to more familiar form factors. Walmart Pay is part of a push by the retailer to introduce value-added digital solutions around money and customer services.

Mobile 109

Mobile Apple Samsung Cards 109

Insights on Business

MARCH 19, 2018

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. In the diagram above, Mr. Sinha shows the need for Intelligent Automation solutions in his example of a retail bank.

Las Vegas 138

Las Vegas System Operations Industry 138

PYMNTS

FEBRUARY 19, 2019

Account takeovers are becoming bigger business for criminals — or, at least, the business of preventing account takeovers in the digital retail and payments realm is becoming an increasing focus of companies and security experts. Account Takeover Growth. Account Takeover Growth.

Retail 118

Retail Fraud Case Study San Francisco 118

PYMNTS

SEPTEMBER 17, 2020

Securities and Exchange Commission ( SEC ) filed an “emergency action” against former NS8 Inc. which is based in Nevada, purportedly provides online retailers with fraud detection and prevention technology, according to the statement. Its complaint charges Rogas with going against the anti-fraud parts of federal securities regulations.

Nevada 253

Nevada Denver Fraud Security 253

PYMNTS

NOVEMBER 9, 2018

For retailers, the holiday season is both a busy and profitable time, but it’s also when cybercriminals seize the opportunity and target those increased retail revenues. Around The Security And Authentication Space . Fraudsters are using this data to pull off card-not-present (CNP) fraud schemes, such as account takeovers.

Trends 190

Trends CA Security Retail 190

PYMNTS

SEPTEMBER 30, 2019

State governments began rolling out economic nexus laws after 2018’s South Dakota vs. Wayfair ruling. These laws were meant to make online sellers face sales tax requirements similar to those for retailers with on-the-ground locations, putting both types of businesses on equal footing.

Retail 109

Retail Taxes Virginia South Dakota 109

PYMNTS

FEBRUARY 6, 2018

With the PyeongChang 2018 Olympic Winter Games not too far away, it’s high season for Team USA merchandise. Fanatics , a company that sells Team USA merchandise, has taken a novel approach to Olympic retail this year with a physical store in a major U.S. Fanatics is hardly the only retailer to take advantage of pop-up stores.

Retail 118

Retail Strategy New York City Los Angeles 118

PYMNTS

MARCH 29, 2018

Security advances were visible but were unevenly applied throughout the ecosystem. Before you get bummed out, have heart: 2018 started out strong. Cybersecurity was less than healthy, and hackers escalated their cyberattack efforts — which means it was a troubling year for consumer data as well. Also looking less than healthy?

Security 100

Security Innovation Data Technology 100

FICO

DECEMBER 18, 2017

Taking both ends of the spectrum into account, my cybersecurity predictions for 2018 involve cyber scores, 2FA and bio hacks. As a result of this, we've seen a big uptick in the market for security rating services, he [Wheatman] said.”. In 2018, I predict that the awareness and usage of enterprise cyber scores will skyrocket.

Cyber Security 73

Cyber Security Security Data Resources 73

PYMNTS

AUGUST 28, 2019

Retailers seeking to provide rapid deliveries face an ever-moving target as consumers’ definition of speed evolves. This method allows consumers to use retailers’ websites or apps to browse, select and pay for items, after which they then visit physical stores to collect their goods. Quick Access and Impulses. Tractor Supply Co.

Retail 108

Retail Online Study Alaska 108

PYMNTS

MARCH 1, 2019

trillion USD) in 2018 alone, for instance. Additionally, they give FIs better analytics and reduce retailers’ concerns over payments reversals or cancellations. Security strategies. Now, demand for faster payments options is taking off worldwide. s FPS transferred £1.7 trillion ($2.25 Risk reduction.

Security 134

Security Payments Fraud Cards 134