PYMNTS

DECEMBER 28, 2020

The dreaded returns season has hit retail with a predictable but painful thud. With Mastercard putting a 49 percent tag on the eCommerce spike for the holidays, this year will be the toughest on record for handling what is a resource- and capital-intensive task. In the brick-and-mortar retail era it was a nuisance to be avoided.

Customer Experience 216

Customer Experience Retail America Branding 216

PYMNTS

JULY 19, 2020

Drop Delivery is touted as the first all-in-one system for cannabis retailers to use for developing a business in a safe and compliant manner. Equifund CFP CEO and Founder Jordan Gillissie said the capital raising is being done to help the industry come into the new digital age.

System 218

System Capital Payments Regulation 218

PYMNTS

AUGUST 7, 2020

Retail Properties of America ( RPAI ), which owns and operates 102 multi-retail sites, showed a net income drop from $44.4 With rent receipts above our approximate 60% break-even level, we hold much optionality for our capital structure.”. One of the largest real estate investment trusts in the U.S.

Retail 184

Retail America Operations Examples 184

PYMNTS

JANUARY 25, 2021

The National Retail Federation ’s annual convention may have come and gone but the sentiments, strategies and lessons learned from facing nearly a year of pandemic-led changes by some of the world’s largest merchants are going nowhere fast — especially when it comes to their embrace of increased digitalization. Stores As Social Centers.

Community 269

Community Retail Strategy National 269

PYMNTS

NOVEMBER 6, 2020

As property executives report their quarterly earnings, some landlords are starting to put the squeeze on retailers that have skipped rent payments as a means to survive pandemic-triggered lockdowns. Spirit Realty Capital told FT that it had collected just 12 percent of the rent owed by movie theaters last month.

Retail 152

Retail Kansas Payments Texas 152

Bank Innovation

DECEMBER 7, 2017

EXCLUSIVE – Bank of America seeks electronification of cash not only as way to better serve its banking customers but also as an excellent way to reduce costs: according to Bank of America CEO Brian Moynihan, this digitization of cash can save the bank billions of dollars.

America 218

America Operations US Cards 218

Bank Innovation

MAY 18, 2018

billion acquisition of Swedish small business commerce platform iZettle will boost its presence in 12 markets across European and Latin America, particularly in the physical retail space. PayPal’s $2.2 The move highlights the increasingly overlapping businesses of PayPal and Square, of which iZettle is a competitor.

Retail 186

Retail America Marketing Capital 186

Bank Innovation

DECEMBER 11, 2018

Bank of America today announced new features to the billpay functionality of its mobile app, including allowing users to search payment history from up to two years ago. In an email this morning to its customers prompting them to download the mobile app (which the bank does on a regular basis), BofA also revealed a set […].

America 170

America Mobile Payments Capital 170

PYMNTS

MARCH 12, 2020

For retailers looking at stockouts, empty stores and the worst still to come, talk of recovery might seem premature. Retailers should first understand that the most stress is likely being placed on front-line employees and, if applicable, customer service reps. “All things must pass,” as George Harrison said.

Retail 131

Retail Resources America Software 131

PYMNTS

JANUARY 19, 2021

In today’s top retail news, Bed Bath & Beyond said it has finished its sale of Cost Plus World Market (CPWM) to a private equity firm, while Starbucks will help Washington state with the distribution of coronavirus vaccines. announced that it has completed its sale of Cost Plus World Market (CPWM) to Kingswood Capital Management.

Washington 141

Washington Retail Marketing Operations 141

PYMNTS

OCTOBER 18, 2018

To learn more about their customers and increase foot traffic, retailers are testing out new business ideas. In some cases, retailers are dedicating small spaces to brands inside their brick-and-mortar stores. The vast majority of retailers believe in trying new business approaches.

Innovation 145

Innovation Retail Online Branding 145

PYMNTS

JULY 23, 2019

Truckers play an important role in shuttling deliveries across country to retailers and merchants, handling 71 percent of the freight tonnage moved in America in 2017.

Retail 131

Retail System Payments Resources 131

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

JUNE 14, 2019

However, in the 2019 Retail Banking Report, a study by Reputation.com that analyzed online data relating to retail banking locations for 23 major U.S. At a high level, retail banking didn’t score as well as other industries with a 341, 174 points lower than retail’s 515.

Retail 103

Retail Study Online Mobile 103

PYMNTS

AUGUST 23, 2017

Cloud-based software firm Tulip Retail , which provides a mobile app suite for store associates in retail settings, has raised $40 million in its latest funding round. The round was led by American venture capital firm Kleiner Perkins Caufield & Byers.

Retail 101

Retail Software Mobile Online 101

CB Insights

NOVEMBER 15, 2022

For example, Capital One has applied for 40+ AI patents related to vehicles, reflecting its emphasis on its auto underwriting tool. Meanwhile, Bank of America, whose AI assistant has now crossed 1B user interactions, is continuing to apply for patents related to intelligent agents and user intent recognition. Want the full expert post?

Retail 41

Retail America Tools Strategy 41

PYMNTS

AUGUST 6, 2020

Lightspeed and Stripe have teamed up to launch Lightspeed Capital, which will, initially offer loans aimed at small and medium-size businesses (SMBs) in the U.S., The program will provide retailers using Lightspeed Payments with “flexible financing” of up to $50,000 per retail location. Lightspeed announced.

Capital 141

Capital Retail America Software 141

PYMNTS

AUGUST 14, 2019

Youngsters tend to get all the credit when it comes to being a force that drives retail innovation, and that’s fair enough. Venturebeat reported that there are 55 million people in America who are 65 or older, which represents about 16 percent of the country’s population. But older consumers shouldn’t be counted out, either.

Innovation 123

Innovation Retail Millennials Mobile 123

PYMNTS

JUNE 13, 2018

Holdaway, who has an MBA from Harvard Business School, joins Barclays after 15 years at Capital One , where he held a variety of senior leadership roles in new business initiatives, internet acquisitions and partnership finance. He will report to Barry Rodrigues, CEO of cards and payments, and Richard Haworth, CEO of the Americas business.

Capital 100

Capital Cards Delaware Payments 100

PYMNTS

JANUARY 11, 2021

Retail and hospitality technology firm NCR Corporation is looking to acquire ATM operator Cardtronics for $39 per share, or about $1.7 In mid-December, Cardtronics announced a $35 per share offer by Apollo Global Management and Hudson Executive Capital. 11) press release. . “The 11) press release. . Shares of Cardtronics climbed 0.3

ATM 172

ATM Operations Houston Georgia 172

South State Correspondent

MARCH 28, 2024

The Biden Administration “Investing in America” agenda continues with many programs opening in June of this year. The various programs are wide ranging, complicated, and impactful which is why now is an excellent inflection point to provide financial advisory to both your retail and commercial customers.

America 195

America Strategy Taxes Community 195

PYMNTS

AUGUST 10, 2018

With a focus on small retailers, ShopX offers online commerce and supply chain management services with support for mobile access to its services. ShopX said it will use the funding to focus on product investment and development of new services for small retailers, and to expand geographically.

America 100

America Capital New York Software 100

PYMNTS

DECEMBER 16, 2020

Consignment-to-retail used vehicle marketplace CarLotz, Inc. million, while retail gross profit per unit spiked 71 percent from $1,276 in the prior year period to $2,181, according to the announcement. said on Wednesday (Dec. 16) that its total revenues rose 12 percent for Q3 2020 to $29.8 million, up from $26.5

Report 208

Report Retail America Operations 208

PYMNTS

FEBRUARY 28, 2020

To get a sense of the new frontiers in cybercrime, and how cryptocurrency helps fraudsters cover their tracks or finance their schemes … look, perhaps, to Latin America. The tailwinds for cybercrime? IntSights reported that there were 453.7 Each time a trade is made, it further distances that original payment from its source account.”.

America 217

America cryptocurrency Regional ATM 217

PYMNTS

DECEMBER 29, 2020

Besides unlocking the challenges in ecommerce, retail and B2B logistics, we have always been focused on solving the complexities in the shipping industry.”. Van der Walt said the long-term impact of the virus will come with lower payment volumes and vendors holding back trade capital to help shore up capital.

Capital 227

Capital America Industry Software 227

PYMNTS

OCTOBER 12, 2018

Brick-and-mortar retailers have closed flagship locations in recent times, but sometimes these landmark stores make a comeback. The new store, which will be located at 30 Rockefeller Plaza, will feature multiple experiential retail components. The store will also offer magic shows and a grocery shopping experience designed for kids.

Retail 116

Retail New York City San Francisco New York 116

PYMNTS

AUGUST 9, 2017

In a new report released this week, Proactis found that for the restaurant, grocery and retail industries across North America, there are a few hurdles that industry professionals acknowledge when it comes to boosting procurement and overall company performance. But human capital is essential to making these criteria a reality.

Capital 101

Capital Resources Survey Industry 101

PYMNTS

JUNE 14, 2018

Sizzle of the Week: Retail’s 2018 Rebound. Retail has had a rough couple of years, as most players that aren’t Amazon have struggled to cross the digital, omnichannel chasm. On the whole, with some notable exceptions, retail has landed on our Fizzle list more often than the Sizzle list in recent memory. Retail sales are up 5.9

Retail 108

Retail Bitcoin Course America 108

PYMNTS

DECEMBER 13, 2016

Merchants are capitalizing on the power of deals more than ever before. According to DynamicAction’s Retail Index: Holiday 2016 , retailers have increasing their promotions and offers by 52 percent this holiday season.

Retail 100

Retail Survey Millennials Training 100

Bank Innovation

OCTOBER 17, 2018

Just ask Bank of America, whose Erica crossed 3.5 million users, or Capital One’s Eno which claims to have one of the highest user ratings and can even communicate with consumers through text outside the banking app. Virtual banking assistants seem to be all the craze lately.

America 150

America Capital social media Online 150

PYMNTS

JUNE 21, 2019

With the bank branch of the future, large institutions such as Capital One and Fifth Third are aiming to create spaces that appeal to millennials around Chicago that provide technical support, financial advice and — in some instances — cappuccino. By the same token, Capital One has brought three Capital One Cafes in Chicago.

Chicago 120

Chicago New York City Florida Miami 120

PYMNTS

JUNE 4, 2020

All eyes in the retail sector are now on Simon Property Group , as the mall giant hauls The Gap into court for failing to pay rent amid the coronavirus shutdown. However, The Gap, like many other retailers, has seen its revenue fall off a cliff since March, when the clothing retailer was forced to shutter stores across the country.

Groups 132

Groups Delaware Retail America 132

Celent Banking

SEPTEMBER 30, 2015

In Latin America two chilean start-ups were the winners: Destacame.cl , aiming to financial inclusion by creating a credit scoring based on utility payments; and Bitnexo which enables fast, easy and low cost transfers between Asia and Latin America, using Bitcoin. Discover the finalists of all regions here.

America 100

America Fintech Big Data Regional 100

PYMNTS

JANUARY 25, 2021

The combined company aims to facilitate easier connections between retail and banking customers. NCR is a software- and services-led enterprise provider in the financial, retail and hospitality verticals. With committed financing by Bank of America, NCR is moving to finalize the transaction with cash on hand. .

Software 204

Software ATM America Retail 204

PYMNTS

OCTOBER 5, 2018

One of the new realities of augmented reality is this: the technology is attracting more investment from China than from sources in North America. According Digi-Capital , which tracks AR investments, China-based funding for augmented reality and computer vision technologies hit $3.9 Investment Shift.

Apple 197

Apple Colorado Capital America 197

PYMNTS

SEPTEMBER 28, 2020

has completed its Chapter 11 bankruptcy protection process and emerged from one of the highest-profile retail collapses since COVID-19 began, the Dallas-based company disclosed. We emerge from Chapter 11 as a stronger, more innovative retailer, brand partner and employer.”. Neiman Marcus Holding Company Inc.

San Francisco 139

San Francisco New York City Houston Dallas 139

Bank Innovation

MAY 9, 2019

We are hiring in North America and raising growth capital at the moment,” Mitchell […]. Payments software provider Episode Six will launch in the U.S. soon, according to its co-founder and CEO John Mitchell.

New York City 170

New York City New York America Software 170