Bank Innovation

MARCH 22, 2017

The unit surveyed 200 global banking executives to investigate the challenges retail banks face in the years to 2020. “This year is marked by a sharp regional divergence about which rules […]. Regulation is still shaping banks’ strategic thinking, says a new study by The Economist Intelligence Unit.

Regulation 256

Regulation Fintech Regional America 256

PYMNTS

DECEMBER 11, 2018

Retailers are doubling down on toys amid a gap in the market left by the bankruptcy of Toys R Us. toy retailer Hamleys , for instance, is eyeing a potential New York City location for a flagship store. The potential store could open its doors in 2020, although such a deal has not been made final. Retailers Step up Toy Selection.

Retail 166

Retail US New York City Los Angeles 166

PYMNTS

JULY 21, 2020

As it begins a new period of growth, ALDI intends to open over 70 new retail locations by the conclusion of 2020. ALDI said it keeps planning “aggressive growth” and will come into Arizona later in 2020 with four new locations in the greater vicinity of Phoenix.

Alabama 159

Alabama Phoenix Arizona Florida 159

PYMNTS

JUNE 15, 2020

The largest brick-and-mortar retailer in the United States is replacing its traditional, cashier-staffed checkouts with self-checkout registers at its store in Fayetteville, Ark., Whether cashiers go the way of the horse and buggy could hinge on an experiment Walmart is running in Arkansas. according to local news reports.

Arkansas 280

Arkansas United States Regional Online 280

PYMNTS

JANUARY 27, 2020

As they aim to fill eCommerce orders faster, supermarket retailers are piloting micro-fulfillment systems that can be positioned in the back of brick-and-mortar locations or in urban areas. The project will be approximately 10,000 square feet and for an unidentified regional grocer. online shopping vertical per eMarketer.

Online 141

Online Regional New York Retail 141

PYMNTS

SEPTEMBER 23, 2020

A number of contact lens consumers turned to 1-800 Contacts instead of traditional physical retailers as those in the U.S. contended with stay-at-home mandates and closures due to pandemic earlier in 2020. It also offers reservation and other services to over 100 third-party park operators.

Branding 203

Branding Regional Innovation Operations 203

PYMNTS

JANUARY 25, 2021

billion in 2020 revenue. TFI, which includes truckload, less-than-truckload and logistics operations, reportedly generated revenue of approximately $4.1 for 85 years, it has offered a full range of regional and long-haul solutions, along with an on-time delivery guarantee for LTL shipments. and Canada. billion in 2019.

Virginia 267

Virginia Regional Course Strategy 267

PYMNTS

JULY 1, 2020

That estimate comes from market intelligence company GlobalData, which predicts that total spending in the region will dip to $60.3 billion in 2020, compared to $62.4 This will bring some relief to luxury retailers, as they can now open their stores and resume operations.”. percent this year, a fall of $2.1

Branding 246

Branding Regional United States Groups 246

PYMNTS

FEBRUARY 6, 2020

It would make sense that the supermarket business might be immune from the cross-currents of retailing in 2020. Three regional players in the organic food retail business — where Whole Foods and parent Amazon rule — have declared bankruptcy over the past month. based natural foods retailer is the third significant U.S.

New York City 153

New York City New York Regional Colorado 153

PYMNTS

SEPTEMBER 28, 2020

One area where the pandemic may significantly impact emerging data protection and open banking rules is the Middle East and North African region (MENA). The ongoing pandemic has caused many regulators in the MENA region to examine the digital and open banking infrastructure they have in place. Around The Data Protection World.

Online 151

Online Report Payments Regulation 151

PYMNTS

DECEMBER 19, 2019

Well, that is where things get a little bit confusing, Arjun Kakkar, vice president of Strategy and Operations at Ekata , told PYMNTS in a recent interview. And if we’re being realistic, he said, there is really no end in sight to that confusion, at least in the immediate future, because there are so many nuances per region.

Compliance 102

Compliance Regulation Strategy Training 102

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 . This will be the fourth year in a row that retailers will shutter 100 million square feet of space, which equals about 562 Walmart supercenters.

Bitcoin 132

Bitcoin Data Retail Charlotte 132

PYMNTS

NOVEMBER 8, 2016

So where to next for the omnichannel retail giant? The move comes as part of a larger targeting of Southeast Asian markets, according to TechCrunch , starting with beginning selected regional services in Singapore in the first quarter of 2017. But Amazon isn’t waiting until 2025, or even 2020. Singapore, it turns out.

Regional 148

Regional New York City National Google 148

PYMNTS

NOVEMBER 8, 2018

With the launch, the retailer will expand its efforts to 106 new markets, Chain Store Age reported. The internet platform is also coming to regions of Asia and the Caribbean. The retailer plans to have curated collections for its merchandise, along with a visual tour offering called “stories.”

Online 129

Online Retail Branding Regional 129

PYMNTS

DECEMBER 30, 2016

This year has been big for retail — big on change, innovation and some surprises along the way. Consumers flocked to online and mobile commerce , robots rose in food and consumer goods , and brick-and-mortar stayed relevant with retail experimentation — pop – ups , flash sales , store-in-store and showrooms.

Retail 123

Retail Online Customer Experience Trends 123

PYMNTS

SEPTEMBER 7, 2020

The conversation came against a backdrop where the number of fundraising deals in the Southeast Asian region were higher in 2020, as measured through the second quarter — more than 60 percent higher over the second quarter of last year, in fact, to 184 deals as measured by DealStreetAsia.

Capital 298

Capital Regional United States Meeting 298

PopularBank

OCTOBER 28, 2020

SAN JUAN, Puerto Rico – October 28, 2020 – Popular, Inc. The branch closures, which are expected to be completed simultaneously by January 29, 2021, are projected to reduce annual operating expenses by approximately $13 million. million are expected to be recognized in the fourth quarter of 2020. million, of which $23.1

Puerto Rico 52

Puerto Rico New York Metro Community 52

PYMNTS

JANUARY 7, 2020

Winners will be announced in mid-2020. Their holders can take deposits from retail customers, but must have $1.5 Their holders can take deposits from retail customers, but must have $1.5 Gaming company Razer has teamed up with regional Singaporean entrepreneurs and other Asian billionaires.

Digital Banking 131

Digital Banking Capital Leadership Fintech 131

PYMNTS

OCTOBER 30, 2020

Bain Capital Ventures: 2020 Is B2B Payments’ Breakout Year. Bain Capital Ventures’ partner Matt Harris told PYMNTS that 2020 marked the tipping point for commercial payments. “I I think in terms of market recognition, 2020 was the breakout year — [and] in terms of commercial adoption, 2021 will be more like it,” Harris said.

Technology 161

Technology Apple Payments Capital 161

PYMNTS

JUNE 4, 2018

As Walmart refocuses its worldwide operations, Advent International plans to take a 80 percent stake in the retailer’s business in Brazil. With such a deal, Walmart would keep a 20 percent stake in the company, and the retailer would utilize Advent’s regional expertise, CNBC reported.

Regional 100

Regional Retail Report Operations 100

PYMNTS

OCTOBER 21, 2016

Retailers that are unable to call on substantial financial reserves are struggling in the current environment. Mobile shopping is growing and a key focus of retailers going into the holiday season. Mobile shopping is growing and a key focus of retailers going into the holiday season. The debt load for rue21 includes a $538.5

Retail 100

Retail Marketing Branding Austin 100

PYMNTS

DECEMBER 30, 2019

The bank will be able to serve retail customers, lend money and take deposits, along with other online banking functions. Reuben Lai, Senior Managing Director with Grab Financial Group, said the core of their mission has always been to “solve everyday challenges and unlock economic potential” in the region.

Digital Banking 134

Digital Banking Groups Online Regional 134

PYMNTS

AUGUST 26, 2019

The new area is meant for the bank’s retail and commercial customers. It will also move its Swiss investment banking operations into a different unit. . The bank also said that it wanted to expand its phone advisory service and “the provision of personal advice in the regional network of branches.”.

Regional 123

Regional Retail Operations Online 123

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

FICO

JANUARY 7, 2021

Here are the 5 most popular 2020 posts on decision management. #1. Recovery is where we still are now, in mid-2020. That efficiency, especially in retail and transportation, will become a strategic asset that will define the industry, potentially for a generation. How Do You Improve Supply Chain Resiliency?

Management 52

Management Analytics Strategy Data 52

PYMNTS

DECEMBER 9, 2020

Clearly there's regional saturation, which leads to consolidation.”. But fast-forward to 2020, and the world is a very different place. He said that traditional banks operate one step removed from the data hub that is the point-of-sale transaction. The bank has the retail customer and the business customer.”.

Innovation 306

Innovation Fintech Payments Regulation 306

PYMNTS

JULY 10, 2020

The following is an excerpt from How 35 Execs Are Powering The Great Digital Shift Of 2020 (And Beyond) , contributed by Simon Barker, CEO at Conferma Pay. As businesses around the world start to reopen, we have seen guidance recommending contactless payments to avoid unnecessary touchpoints between customers and retailers.

Payments 201

Payments Cards Mobile Innovation 201

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. Open Banking And Digital Readiness.

America 165

America Regulation Regional Tools 165

BankUnderground

JULY 16, 2021

Given that SMEs are more likely to operate in in sectors like hospitality and arts and recreation, Covid-19 has hit them particularly hard. The average UK SME saw a 30 percentage point fall in turnover growth after the pandemic took hold in 2020. The average SME had not returned to its January 2020 growth rate by December 2020.

US 120

US Data Comparison Regional 120

PYMNTS

MARCH 24, 2020

Nowhere is the pain being felt more acutely than in China, where the coronavirus first took root and spread, where businesses and supply chains went dark, and where hundreds of millions of consumers, as well as businesses and their workers, stayed in their homes — into, and then through, the Lunar New Year, a key season for retail.

Retail 196

Retail Online Regional Course 196

PYMNTS

DECEMBER 22, 2020

In their December 2020 Digital Shift Report , PYMNTS and CSI examine the digitization acceleration of accounts payable and accounts receivable departments as organizations adjust practices to a remote working environment. As it turns out, the technology can also ease friction for suppliers' AR operations, too.

Cards 199

Cards Tools Payments Technology 199

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. The global e-commerce market is currently estimated to be worth $4T in 2020, according to eMarketer. Virtual card issuance. Empowering developers.

Online 98

Online Company Retail Payments 98

PYMNTS

MARCH 10, 2020

In January eCommerce leader Wayfair had to thin its employee ranks to meet profit targets, and just this week regional Midwestern home furnishings retailer Art Van Furniture filed for bankruptcy with minimal customer notice. Branch is looking at a big year in 2020. Furniture is a tough business. So you may see that slow down.

United States 130

United States Course Groups Retail 130

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. 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. According to the J.D.

Cards 131

Cards Examples Regional Apple 131

PYMNTS

JANUARY 3, 2020

The move follows Hong Kong’s early 2019 decision to issue digital banking licenses as the two economies are strong competitors in the region. As part of that rethinking, but with an eye toward not overly fragmenting Singapore’s small domestic retail banking market — the issuance of digital banking licenses will start small.

Digital Banking 130

Digital Banking Groups Regional Mobile 130

PYMNTS

MAY 4, 2017

Brazil and Mexico — the total amount in cash payments for the region was $3 trillion in 2015, with weighted average cash use at 14 percent of GDP, with an estimated increase, annually, of 4 percent through 2020 in absolute dollars but a decline in percentage of GDP by 1.2 Turning to the Americas — defined as the U.S.,

ATM 192

ATM Millennials United States Study 192

PYMNTS

SEPTEMBER 28, 2020

As 2020 limps toward its exhausting conclusion, get ready for a massive rebound in 2021 — for consumer spending , for small- to medium-sized businesses’ ( SMBs ’) top lines, and for the U.S. There will be retailers and restaurants that will not come back, and even some small regional airlines will disappear. economy in general.

Fintech 291

Fintech Examples Industry Management 291