PYMNTS

MAY 20, 2020

Travala.com CEO Juan Otero said in the announcement, “We couldn’t be more excited to join forces with TravelbyBit, which is backed by Binance and have constantly been achieving and pushing crypto adoption by providing blockchain-based online travel booking services.”

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PYMNTS

JULY 6, 2020

Travala.com , the Binance-backed online trading agency, will be allowing travel bookings through Expedia paid for in cryptocurrency for the first time since 2018, according to CoinDesk. has now been approved to operate its derivatives platform, CoinDesk reported. In other news, a subsidiary of cryptocurrency exchange Kraken in the U.K.

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Bitcoin cryptocurrency blockchain Regulation 169

PYMNTS

MARCH 30, 2020

retail picture is bleak in this time of COVID-19. The Confederation of British Industry (CBI) said on Thursday (March 26) that its monthly survey of retailers showed the weakest outlook since April 2009. The CBI says retail sales volumes will fall sharply to April, with retailers more pessimistic than at any time since April 2009.

Retail 141

Retail Survey Branding Online 141

PYMNTS

OCTOBER 16, 2018

Goldman Sachs booked a 4 percent year-over-year revenue increase for the third quarter of 2018, with that growth powered in part by increased lending through its Marcus by Goldman Sachs online consumer savings and lending platform. earnings per share booked for the third quarter of 2018. Q3 revenue for the investment bank hit $8.65

Lending 147

Lending Digital Banking Retail Branding 147

PYMNTS

JULY 1, 2019

Less than a year after the ride-hailing company rolled out in Sudan, Careem has concluded its operations in the country, with a planned takeover by Uber on the horizon. The firm started its Sudan operations in September 2018 following the lifting of economic sanctions by the United States in 2017, Reuters reported. ” In a U.S.

Operations 100

Operations United States Washington Report 100

PYMNTS

APRIL 24, 2019

Brazilian retailer Magazine Luiza has announced that it will be selling books online, which could be picked up in one of its almost 1,000 stores. The company is aiming to compete directly with Amazon , which launched its online Brazilian operations in 2012.

Retail 108

Retail Taxes Online System 108

PYMNTS

JULY 11, 2019

Innovation takes many flavors and paths, and that’s especially true when it comes to merchants who sell retail products and companies that sell retail services. Services are operated so differently,” Koopman said when asked to explain such differences. Onboarding can mean online booking systems,” she told Webster.

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Innovation Retail System Course 147

South State Correspondent

JANUARY 17, 2024

The takeaway is that banks interested in increasing their market-to-book ratio should consider allocating more resources and capital to deposit products and deposit marketing. Loans, by contrast, usually drive 75% of total asset productivity but only impact market-to-book changes by 8%. increase in M/B. The answer is – most likely.

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PYMNTS

AUGUST 13, 2019

Not only is it a big time for retail but, in a sense, a kind of dress rehearsal for the upcoming all all-important holiday shopping season. Retail back-to-school spending for families will hit an average of $696.70 last year, according to the National Retail Federation , a trade group. this year, up from $684.79 Amazon Effort.

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Retail Innovation Course Trends 127

PYMNTS

JULY 16, 2020

RetailMeNot , the Texas-based company that operates coupon websites, announced “Rebound with RetailMeNot,” a four-day event featuring deals from a variety of popular stores. Census Bureau reported the nation’s retail sales increased 7.5 Retail sales rose by 1 percent in June compared to a year ago. “I

Retail 131

Retail Texas Pennsylvania Branding 131

PYMNTS

JANUARY 3, 2020

Looking past the cheerful numbers tied to holiday shopping and the tens of billions of dollars spent on Black Friday, Cyber Monday and into Christmas, the decline of retail, at least the traditional retail model, continues into the new year, and across oceans. The retail sector is among the largest employers in the U.K.,

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Retail Samsung National Taxes 131

PYMNTS

JUNE 21, 2019

Retailers, too, have higher education on their minds. After all, college is not only a place where many young men and women learn who they really are, but where operators of commerce, big and small, often find their next lucrative ideas. Another hot retail trend that is also being honed on campuses is subscription retail.

Retail 100

Retail Innovation Mobile Course 100

PYMNTS

JULY 8, 2016

According to a report in The Wall Street Journal , the discounts can be as high as 25 percent, granted the loyalty members book their stays through the hotel website instead of an online travel operator like Expedia or Priceline. Take Hilton, for example.

Online 101

Online Operations Strategy Examples 101

PYMNTS

OCTOBER 4, 2019

Online retailers are expanding their brick-and-mortar footprints – and using feedback from eCommerce customers to inform the selections in their new stores. A data team from the eCommerce retailer determines what is sold at the locations, Amazon Physical Stores Director Drew Sheriff told MetroWest Daily News.

Retail 109

Retail San Francisco United States Boston 109

PYMNTS

DECEMBER 10, 2018

Amazon, the country’s largest eCommerce player, has seen retailers in Austria file a complaint with their country’s competition authority over the company’s roles as both a retailer and a marketplace. The report noted the main concern is that Amazon operates dual roles that could hurt competition.

Retail 115

Retail Maine Apple Google 115

PYMNTS

JUNE 20, 2019

No, that doesn’t mean that PYMNTS takes sides in the struggle for retail supremacy, but only that we like to note when someone or some organization mounts a challenge to the eCommerce and logistical behemoth. High-End Retail. The battle for Amazon retail supremacy also involves pets. Retail Challenge.

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Retail Innovation Online Taxes 125

PYMNTS

JANUARY 14, 2019

It looks like we can finally have a serious conversation about the impending collapse of physical retail in the U.S. All it took was a 160-year old retailer and a $34 billion kick in the stomach to the retail sector to get everyone’s attention. retailer, Sears, which found itself standing at Chapter 7’s front door.

Retail 198

Retail Online Mobile Data 198

PYMNTS

AUGUST 4, 2016

That ethos still holds sway throughout much of Airbnb’s global operations , but for a few weeks in Rio, that book has been shotputted out of the window. Bloomberg is reporting that, based on an index of Airbnb booking prices around the globe, lodgings in Rio de Janeiro have overtaken those in every other city around the globe.

San Francisco 100

San Francisco Miami Operations Industry 100

PYMNTS

DECEMBER 27, 2018

Even before the holiday shopping season began, Amazon already commanded a growing share of consumers’ retail spending, according to The Amazon Paycheck Index from PYMNTS. Over the last four years, retail sales have shifted to Amazon in key categories that were once the domain of the physical store. Voice Retail. Amazon Paycheck.

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Trends Retail Google Survey 134

PYMNTS

AUGUST 16, 2017

There are rarely second acts in retail — particularly once bankruptcy is in play — but, every so often, the unexpected happens. Last week, footwear retail company Payless ShoeSource was one of those unexpected stories, a company pulled into the bankruptcy whirlpool but getting plucked out before being sucked all the way down to the bottom.

Retail 153

Retail Kansas America Branding 153

Perficient

FEBRUARY 24, 2021

In a world where retail has changed and consumers remain at home, how do brands reimagine the task of getting products to customers? In 2016, Jon joined fan and light maker Big Ass Fans as its first chief operating officer. She specializes in digital experience, retail, and digital. In Episode 4 of the What If? Meet the Hosts.

Branding 441

Branding Case Study Digital Strategies Strategy 441

PYMNTS

MAY 2, 2018

billion and sending the home furnishing retailer’s stock on an upward swing after the earnings release. The online retailer booked a $108 million net loss — compared with nearly $57 million for the same period last year — and its $0.91 In the Q1, Wayfair revenue hit $1.40 billion, beating analyst expectations of $1.36

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United States Pennsylvania Retail Conference 100

PYMNTS

JUNE 28, 2019

It often seems that technology makes retail innovation. Ive has earned a place in the history books, at least when it comes to the history of this particular era of retail. Dye and Hankey will report to Jeff Williams, Apple’s chief operating officer. It can be easy to forget that people are behind those innovations.

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Apple Innovation Retail US 116

PYMNTS

NOVEMBER 16, 2018

The retailer also offers a Shop The Look service in the store that allows customers to scan a quick-response (QR) code to find out the size and available colors of the items displayed on a mannequin. In Other Brick-And-Mortar Retail. The retailer’s comparable sales slid by 5.4 billion fell in line with analyst estimates of $5.41

Training 150

Training Retail New York City Branding 150

PYMNTS

MARCH 4, 2019

Amazon, of course, stands out as a marquee name in the move to make the retail experience wholly digital commerce. There may be a groundswell against cashless retail, but then again, there also is a movement to take cash out of the equation. And those stakeholders include ATM operators. The Case Against Cash.

Retail 129

Retail New York City New York New Jersey 129

PYMNTS

MAY 2, 2017

UPS looks to test a new pricing model in which the cost of empty space during the holidays is covered by retail partners. The move, part of broader negotiations with retailers over peak delivery seasons, looks to address major retailers who order capacity for forecasted shipments but then fail to meet expected volumes.

Retail 100

Retail Meeting Operations Company 100

PYMNTS

JANUARY 5, 2018

The retail apocalypse is fake news if you ask Mark Cummins, co-founder of Irish startup Pointy. Brick-and-mortar retail is changing, no doubt, but Cummins noted that it still makes up around 91 percent of all retail spend, while eCommerce claims just 9 percent of consumer dollars. Department and apparel stores are closing.

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PYMNTS

JULY 26, 2018

retailers that accept PayPal. 31 closing of would-be rival Snapcash, the peer-to-peer payment service operated by Snapchat. Zelle began operations just more than a year ago, and has since processed 320 million transactions worth $94 billion. So far, 17 percent of Venmo consumers have used the service, Shulman said. million U.S.

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Conference Payments Branding Operations 105

PYMNTS

FEBRUARY 8, 2019

Meanwhile, the luxury retail ecosystem could change via another online operation that offers relatively easy access to designer goods. Data: 100 percent: The amount of mobile bookings that some travel operators say they will hit within the next few years, underscoring a shift away from desktop.

Payments 182

Payments Regulation Compliance Operations 182

PYMNTS

NOVEMBER 5, 2020

retail, the first products the company sold were diamonds, watches and jewelry — exactly where Tiffany started. Dueling Toy Books. It also seemed like the “big book,” the company’s beloved holiday season toy catalog, was also disappearing. Amazon is this year rolling out its big book of toys for 2020. So is Target.

Retail 171

Retail United States Chicago US 171

Bank Innovation

JULY 10, 2018

Digital human, as O’Haver explained, is the marriage of digital innovation with the physical retail banking experience. Coincidentally, it’s also the title of a Chris Skinner book.) O’Haver is not talking […].

Innovation 218

Innovation Retail Operations Digital Banking 218

PYMNTS

JUNE 4, 2019

The startup is fully compliant in all 13 cities it operates in, he said. “We As of today Lyric has short-term rental permits in Austin and Nashville, is the only company licensed to operate short-term rentals in Orlando and has partnerships with 20 of America’s top real estate firms, Kitchell said.

Compliance 109

Compliance Innovation New York San Francisco 109

PYMNTS

SEPTEMBER 24, 2019

The ruling meant that online retailers could be mandated to collect sales tax — and taxes can be levied by states on firms that do not have physical presence in those states. One consideration is the fact that economic presence within a state means that retailers have to collect and remit taxes in those states.

Taxes 116

Taxes Retail Online South Dakota 116

PYMNTS

JUNE 19, 2017

Luxury retail isn’t such a cushy business these days. Nordstrom might be going private , the retail company announced in news Thursday (June 15). percent from the previous quarter, while retail net sales climbed only 0.5 Luxury retail isn’t seeing setbacks because of the economy or uncertain political environment.

Retail 143

Retail Trends Strategy Company 143

Abrigo

APRIL 25, 2024

At the same time, 59% pursued credit to meet operating expenses. Other industries with double-digit declines in average loan size are hotel and food, retail, transport and warehousing, and construction. Almost half sought credit to grow their businesses, and 28% applied to make repairs or replace capital assets.

Lending 221

Lending Trends Capital Strategy 221

PYMNTS

FEBRUARY 15, 2019

eCommerce brands are opening up pop-up shops in cities to test out brick-and-mortar retail, and Recess is using this platform to highlight its hemp-extract beverages in a temporary space in New York City that is dubbed the Take A Recess IRL Pop-Up. On a seasonally adjusted basis, retail sales dropped by 1.2 percent.

Retail 116

Retail New York City New York Los Angeles 116

PYMNTS

MAY 22, 2020

An initial explosion of online orders left Amazon overwhelmed, forcing the company to temporarily reprioritize its operation toward mostly delivering key household items. This is just speeding up the significant change the retail industry was already undergoing.”. The so-called ‘last mile’ of delivery has become front and center.

Retail 158

Retail Online Video Branding 158