PYMNTS

JANUARY 11, 2021

anticipates that eCommerce demand for the fiscal 2020 fourth quarter will jump 90 percent to 100 percent in contrast to the fiscal 2019 fourth quarter, according to a Monday (Jan. million in the fiscal 2019 fourth quarter. million in the fiscal 2019 fourth quarter. Build-A-Bear Workshop, Inc. 11) announcement. 11) at 3:30 p.m.

Conference 159

Conference Taxes Retail Operations 159

PYMNTS

SEPTEMBER 9, 2020

The apparel retailer reported that Aerie digital demand jumped 113 percent and AE rose 21 percent, according to an announcement. “In American Eagle Outfitters concluded Q2 with $899 million in cash and short-term investments, marking a rise from $317 million in 2019, after generating $173 million in operating cash flow in Q2.

Taxes 131

Taxes Retail Branding Report 131

PYMNTS

OCTOBER 14, 2019

Projects such as Marco Polo create added value for clients, ensuring more international trade transparency and manageability thanks to integrated bank payment, finance and discount instruments,” Dina Merkulova, head of trade finance at Alfa-Bank, said in a press release.

Taxes 109

Taxes blockchain Bitcoin social media 109

PYMNTS

SEPTEMBER 5, 2019

Luxury retail is being revised — and in some cases, reinvented — and those trends are worth attention as the 2019 holiday shopping season approaches. Not only that, but the luxury online consignment retailer opened a brick-and-mortar store on New York City’s famed Madison Avenue. Indeed, in its recent U.S. Barneys Woes.

Retail 123

Retail New York New York City Philadelphia 123

PYMNTS

JUNE 22, 2020

Asset manager Brookfield, which owns stakes in numerous malls, is demanding retailers pay back rent even as the Toronto-based investment group has missed mortgage payments, the Financial Times reported Sunday (June 21). The tenants, who requested anonymity, said they have asked for until next year to come up with the payments.

Payments 146

Payments Retail Taxes Management 146

PYMNTS

DECEMBER 7, 2020

Digital Black Friday sales this year hit $9 billion, a 22 percent increase from 2019 figures, according to recent Adobe research. Despite a surge in sales, small businesses selling online can struggle to manage working capital, particularly as many rely on third-party marketplaces like Amazon that don't facilitate instant access to revenues.

Capital 356

Capital Online Tools Lending 356

PYMNTS

DECEMBER 28, 2018

Innovators introduced new ways for banks to onboard their customers and manage their KYC compliance requirements, including firms like R3, which began piloting its blockchain-powered KYC solution with corporate treasurers and banks this year. ” Banks’ 2019 KYC Challenges. See what Bergal had to say below. ” .

Compliance 186

Compliance Regulation blockchain Taxes 186

PYMNTS

JANUARY 17, 2020

The move pushes Visa ever further away from cards and toward its goal of becoming, as management has often described it, a “network of networks.”. Specifically, Global Blue focuses on tourists spending abroad, and offers products that help capitalize on tax-free shopping as they buy luxury goods. Retail sales were up 3.6

Company 132

Company Payments social media United States 132

PYMNTS

FEBRUARY 27, 2020

The epidemic has hit the country’s manufacturers and retailers alike as people have been out of work and quarantines have come down. One of them, Shen Shikai, who manages money pooled amongst his friends, told Reuters, this was “already a bubble,” and “a game of the greater fool.” Investors are suspicious.

Marketing 146

Marketing Capital New York Taxes 146

CB Insights

DECEMBER 15, 2020

Change has been long overdue for the wealth management industry, which is facing growing competition, outdated legacy tech , thinning margins , and an aging client base. Digitization will be crucial for wealth managers looking to capture or retain this generation of clients. In turn, this is driving revenue for big banks. .

Management 87

Management Fintech Industry Trends 87

Bank Innovation

MARCH 19, 2019

Most virtual assistants are reactive, but Capital One is training its virtual assistant, Eno, to be proactive, according to Ken Dodelin, VP of conversational AI products at the bank. Most [virtual assistants] are chasing reactive customer questions,” Dodelin told Bank Innovation. “We

Training 170

Training Capital Taxes Innovation 170

PYMNTS

MAY 25, 2016

According to Forrester’s eCommerce Forecast 2014–2019 , eCommerce sales are expected to jump to $480 billion by 2019, and mobile purchases are expected to grow to $142 billion this year,” said Stefan Weitz, chief product and strategy officer at Radial. But it’s not just eCommerce that is growing. billion in 2015, to $6.4

Fraud 109

Fraud Taxes Retail Tools 109

PYMNTS

FEBRUARY 21, 2019

The task traditionally involves the official IRS mileage reimbursement rate (which, for 2019, stands at $0.58 In a new PYMNTS webinar, Karen Webster and Danielle Lackey, chief legal officer at expense management provider Motus , spoke about those changes, and how companies can get with this trend to save money and even make employees happier.

Taxes 128

Taxes San Francisco New York City Case Study 128

PYMNTS

JANUARY 8, 2018

Jason West, a Credit Suisse analyst, said in a note that the stock has lost about 12 percent of its value from recent highs (as quoted by CNBC.com ), and yet forward earnings should get a boost, in part, from tax cuts. In addition, “near-term concerns around competition” are already priced in. million, and same-store sales were up 8.4

Retail 100

Retail Michigan Conference Taxes 100

CB Insights

FEBRUARY 13, 2020

In an interview at CB Insights’ 2019 Future of Fintech conference, CFO and CPO William Gaybrick indicated that businesses are more constrained by developer resources than by capital. In August 2019, the company closed out its Series F funding round from Sequoia, Andreessen Horowitz, and General Catalyst at a $35B valuation.

Online 98

Online Company Retail Payments 98

PYMNTS

MARCH 2, 2020

In Kenya, competition regulators recently warned French grocery and retail giant Carrefour that it faces fines of up to $140 million after the Competition Authority of Kenya discovered that the company, via its franchise holder Majid Al Futtaim (MAF), has been treating suppliers unfairly. In the context of late payments in the U.K.

Payments 143

Payments Report Training Regulation 143

PYMNTS

FEBRUARY 16, 2018

tax code will help it post a profit in the not-too-distant future. The news comes as Sears is commencing private exchange offers for its outstanding unsecured notes due in 2019 and its secured notes due in 2018, according to a filing with the Securities and Exchange Commission (SEC). billion the retailer reported a year ago.

Taxes 100

Taxes Branding Security Retail 100

PYMNTS

SEPTEMBER 3, 2019

million pre-tax loss for the first half of this year. After acquiring the pan-Asian restaurant Wagamama , earnings took a dive, in part due to a £102 million impairment charge for its leisure businesses, located in cinemas, retail parks and shopping centers. Another seven Wagamama locations are planned for 2020.

Groups 109

Groups Taxes Branding Study 109

PYMNTS

OCTOBER 31, 2019

Yes Bank is a private-sector bank that mainly operates as a corporate bank, but it also does asset management and retail banking. The bank has had a tumultuous 2019, facing increased attention from regulators as well as scrutiny from investors, who are concerned about bad loans , lack of lender regulation and availability of capital.

Regulation 100

Regulation Taxes Maine Capital 100

PYMNTS

AUGUST 23, 2018

Alibaba managed to post earnings that topped expectations for the period that ended June 30, perhaps alleviating concerns that had bedeviled rivals such as Tencent. The core eCommerce business showed robust growth, while the company still seeks diversification away from that line, which includes online retail sites Tmall and Taobao.

Mobile 100

Mobile Retail Exercises Taxes 100

PYMNTS

MAY 4, 2020

“In 2019, our company collaborated with PYMNTS and surveyed over 1,000 people in the U.S. 30-day payment terms would help Singapore SMBs manage cash flow , says Singapore FinTech RAIBU. In the U.S., who worked at companies of varying sizes … We learned that in the U.S. alone, there were $3.1 Some of the U.K.’s

Payments 161

Payments Chicago National Data 161

PYMNTS

APRIL 12, 2019

Robotics and automation were areas of focus for both retailers this week as they seek to upgrade their operations in an effort to capture more consumer spend. The move comes as cities and states are passing bans on cashless retail establishments, on the argument that such retail discriminates against unbanked consumers.

Taxes 100

Taxes Retail Columbus Operations 100

Jeff For Banks

JUNE 10, 2022

Mark Lynch, Retired Partner, Wellington Management. Mark was a senior financial analyst at Wellington since 1994 and a partner from 1996 until his 2019 retirement. He was also a portfolio manager of mutual funds, hedge funds, and institutional portfolios focused on the banking sector over that period.

Conference 78

Conference Taxes Strategy Community Bank 78

PYMNTS

SEPTEMBER 12, 2019

Gloomy economic clouds keep gathering, and the latest example comes from Europe, as retailers and payment services providers shift more of their focus to the all-important holiday shopping season. Even so, as the 2019 holiday shopping season approaches, worries about recession continue to grow.

Examples 109

Examples Payments Conference Taxes 109

BankUnderground

JULY 14, 2020

The response to the Covid-19 pandemic has included closure of retail outlets and social distancing. The largest declines occurred in retail, restaurants and transport, but spending on some items such as online shopping, alcohol and tobacco rose. The second week of March 2020 records a similar relative level of spending to 2019.

National 141

National Retail Groups Data 141

PYMNTS

NOVEMBER 16, 2020

As noted in this space , the entity fashioned by the merger would take its place as the fifth largest retail bank in the country, and with a presence that spans 24 states, and with a combined asset base of about $560 billion. To that end, Spanish financial firm BBVA said it would sell its U.S. billion in an all-cash deal. percent in June.

Google 189

Google Course Strategy Innovation 189

PYMNTS

SEPTEMBER 4, 2019

Merchants must handle the sales tax compliance obligations of each locale from which they receive money if they want to sell online. The complexities of sales tax compliance affect business decisions by both sellers and marketplaces, according to Ted Hettich, chief sales officer at U.K. Deciphering obligations. for example. .

Taxes 131

Taxes Policies Compliance Retail 131

PYMNTS

JANUARY 24, 2020

Chamber of Commerce’s Q4 2019 Small Business Index , conducted with MetLife, reached an all-time high for the quarter with 69 percent of surveyed SMBs saying they are in good health, and 59 percent reporting optimism for the future. Cash Flow Pains. PYMNTS’ own research has found an estimated $3.1

Survey 130

Survey System Capital Management 130

FICO

JUNE 1, 2023

Census Bureau reports advanced estimates that retail sales were down 1.2% The data sample comes from FICO client reports generated by FICO® TRIAD® Customer Manager and Adaptive Control System solutions. However, the active rate of 52% continues to be higher than historically observed compared to a stable rate around 49% in 2019.

Trends 52

Trends Industry US Cards 52

PYMNTS

FEBRUARY 10, 2020

The jousting over eCommerce taxes — especially for U.S. Last week in India, the government proposed a tax on eCommerce transactions that will likely increase operating costs for sellers large and small. The tax, technically known as “Tax Deducted at Source” (TDS), is sent directly to an account held by the central government.

Taxes 175

Taxes Illinois Study Operations 175

PYMNTS

DECEMBER 10, 2018

“We probably will see a lot of low-paying businesses, a lot of restaurants, maybe some retail stores, they’re going to go out of business because they can’t get the workers they need,” he said. Bank of America’s Small Business Owner Report found that 27 percent of small firms plan to hire in 2019.

Marketing 148

Marketing Data Survey America 148

CFPB Monitor

DECEMBER 23, 2020

to 1005.36, the Remittance Transfer Rule (“Remittance Rule”) in the last four months and fourth order since August 2019. La Nacional”), a non-bank remittance provider that offers remittance transfers through a network of retail branches and agents to primarily Central American and South American countries. . §§ 1005.30

Policies 78

Policies Compliance Taxes Report 78

FirstInternet

JANUARY 10, 2020

And, if one of them is to better manage your finances, it may be time to add a financial calendar to your list. Let’s be real, managing your personal finances can be intimidating. No matter where you ended up financially in 2019, think of the rest of the year as a clean slate for you to establish your 2020 goals.

Taxes 66

Taxes Policies Management Video 66

Gonzobanker

JANUARY 7, 2019

Hopefully your holiday season was restful GonzoBankers – because 2019 is literally going to be a bear. After the initial high of the “Trump Bump” in late 2016 and the euphoria-promoting “Tax Bump” of late 2017, bankers saw their fortunes turn against them in the second half of 2018. KRE – Regional Bank Stock ETF – Past 5 Years.

Meeting 87

Meeting Analysis Resources Management 87

Independent Banker

JANUARY 31, 2022

Corporate relocations and expansions—influenced by factors like affordability, low corporate tax rates, no personal income tax and a rich talent pool—have contributed to a momentum that isn’t likely to subside soon. billion to the state’s GDP in 2019, according to state records. The Houston metro took the 10th spot with a 20.3%

Texas 182

Texas San Antonio Community Bank Community 182

Jeff For Banks

APRIL 27, 2019

The yield curve had begun to invert in early March, 2019 in response to economic slowdown fears and a flight to quality began where demand for US Treasury bonds increased, pushing longer-term rates down. I along with countless other managers and investors were finally happy. The impact of the tax cuts has faded. Yes, M2 matters.

Marketing 60

Marketing Community Taxes Community Bank 60

PYMNTS

NOVEMBER 19, 2018

There isn’t much we can do to help you get a head start on eating, nor is there any way we can compete with the nation’s many retailers in terms of helping you get a jump on the shopping. The rollout will continue throughout 2019. The company also said it will debut contactless debit cards in the second half of next year.

Data 122

Data Cards Taxes Payments 122