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. has notched $300 million.

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PYMNTS

JUNE 14, 2018

Consumer confidence seems to have returned in a big way in May as retail sales soared to their highest level since November 2017, according to news from The Wall Street Journal. Excluding auto sales, which have a tendency to bounce up and down frequently month to month, retail spending was up.9 Retail sales are up 5.9

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PYMNTS

JANUARY 26, 2018

And lest you think changes in tax policy sow confusion only in the United States, think again. Bitcoin breeched a key psychological barrier on news that the South Korean government would tax income earned by virtual currency exchanges to the tune of 24.2 This past week saw a wild ride. Easy come, easy go, in crypto-driven enrichment.

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Bitcoin Taxes cryptocurrency Regulation 123

BankUnderground

APRIL 28, 2023

Mahmoud Fatouh Small banks tend to have more specialised business models, likely focusing on commercial and retail banking activities, and show limited interconnectedness to other financial institutions. Although capital standards existed before 2010, they were significantly weaker.

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Capital Lending US Data 80

PYMNTS

OCTOBER 14, 2019

with a flexible access to working capital financing instruments to the parties,” added Anna Sokolova, NLMK director for treasury. The Internal Revenue Service (IRS) now has a question on crypto ownership on its 1040 income tax form. We are trying to break down the barriers to allow everyone to use bitcoin,” said founder Pete Cheyne.

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PYMNTS

DECEMBER 27, 2019

We have a deep dive into spend management in addition to news involving the Sprint and T-Mobile merger, as well as data on state tax laws. . Trackers and Reports. A ‘Diaper’ By Any Other Tax Code: The Complexities Of Selling Across State Tax Laws. Colombia Blocks Uber From Using Its Ride-Hailing App.

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Taxes Mobile Management blockchain 101

PYMNTS

DECEMBER 17, 2020

Digital fraud is a long-running problem for merchants, retailers, banks and businesses of all types. Twenty-two percent of Americans have reported being targeted by pandemic-related fraud, for example, such as schemes involving fake personal protective equipment (PPE) merchants or fraudsters impersonating tax officials.

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Accenture

MAY 30, 2019

Each quarter, Ryan Douglas from the Card Issuing group compiles key metrics on US consumer credit cards, tracking spend, receivables, loss rates and returns reported by the largest US banks. Loss rates increased slightly YoY, and issuer after-tax returns are strong for those that report. Click/tap to view larger.

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Cards US Taxes Apple 158

PYMNTS

FEBRUARY 20, 2020

Laura Ashley shares have recovered in the aftermath of an agreement finally reached between its main shareholder and leading creditor, The Financial Times reported. home and fashion-ware retailer. The retailer said the agreement did not constitute a cash injection from MUI Asia. The agreement should help the struggling U.K.

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Maine Taxes Retail Groups 130

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

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Retail Bitcoin Course America 108

Accenture

AUGUST 20, 2019

Each quarter, Ryan Douglas from the Card Issuing group compiles key metrics on US consumer credit cards, tracking spend, receivables, loss rates and returns reported by the largest US banks. For the third straight quarter, Chase, Capital One and Synchrony led all issuers in purchase volume growth (over 10 percent YoY). Key themes.

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PYMNTS

JUNE 6, 2019

Changes in lease accounting standards have led top retailers and restaurant chains in the U.S. to significantly increase their liabilities, leaving some investors caught off guard, according to Bloomberg Tax reports Wednesday (June 5). On the retail side, Nordstrom posted a nearly 25 percent increase in liabilities.

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Taxes Analytics Policies Retail 108

PYMNTS

DECEMBER 27, 2020

As for the overall numbers: Bloomberg reported that U.S. As Reuters reported, direct listings now get the green light for larger companies that want to pursue that model of selling shares directly to investors. firms alone raised more than $435 billion, far outpacing the $279 billion raised in 2014, the previous annual record.

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New York US Examples Training 270

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). I will not address the merits of your ‘petition,’ ” a Brookfield lawyer responded.

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Payments Retail Taxes Management 146

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. Fan Huang, head of wealth management at Deutsche Bank (China), said the central bank’s monetary easing was directly connected to the speculative activities of investors, per published reports.

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PYMNTS

JULY 15, 2020

Marina Square’s partnership with Lazada will include about a dozen brands that weren’t previously on the eCommerce platform, according to the Bloomberg report. Meanwhile a new Seeking Alpha report brought a sobering reality to the state of U.S. mall owners. This includes leveraging real estate for Macy’s and Nordstrom.”.

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Groups Branding Retail Taxes 153

PYMNTS

NOVEMBER 19, 2019

While Ant didn’t reveal if it would pursue a retail or wholesale license, it will be easier for it to obtain the latter. Ant Financial produced a pre-tax profit in the neighborhood of around $200 million, according to Alibaba’s yearly report. billion) in capital and local control. billion ($1.1

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Digital Banking Capital Taxes Groups 101

PYMNTS

APRIL 7, 2017

Flow, a startup that helps companies sell their products around the globe, has raised fresh funding from Forerunner Ventures and Fung Capital. According to a report in TechCrunch profiling the startup, Flow created a platform that helps brands and retailers sell their products in multiple regions and geographies.

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Regional Capital Branding Taxes 100

PYMNTS

FEBRUARY 16, 2018

PepsiCo turned some heads with its quarterly earnings call announcement that it would take some of its tax reform windfall and reinvest it in improving the firm’s eCommerce efforts. And the numbers in this regard don’t lie: Physical retail is growing at a rate of about 3.6 According to PepsiCo CEO Indra K.

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Retail Branding Mobile Strategy 124

PYMNTS

NOVEMBER 14, 2016

Some say, soon, AWS may subsidize Amazon’s retail operations — if it isn’t already. While only about 11 percent of Amazon retail’s $29 billion in earnings, AWS’ margins are much higher — $1 billion compared to Amazon retail’s $360 million. But AWS reportedly took in $3.2

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Taxes Retail Google Industry 100

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. Reports came Wednesday (April 10) that “additional payment mechanisms” are coming to Go stores — and cash, it seems, will be among them.

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Taxes Retail Columbus Operations 100

PYMNTS

AUGUST 23, 2018

The home improvement retailer reported net income of $1.52 We posted solid results this quarter by capitalizing on delayed spring demand,” said President and CEO Marvin R. Lowe’s announced its second quarter earnings and sales, beating out analysts’ expectations. billion ($1.86 billion ($1.68 per share) the previous year.

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Retail Taxes Capital US 100

Abrigo

MARCH 13, 2024

Protecting portfolio health Recognize ailing CRE loans early Media organizations are reporting scary-sounding data, and the headlines scream about the most recent victims. A wave of pending maturity events ($2 trillion of CRE loans are reported to mature in the next years). Inflationary impacts on costs of various inputs.

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PYMNTS

APRIL 10, 2020

While they will lack the sheer financial clout of federal assistance, they are starting to offer strategies beyond capital infusions that will assist in restarting small business when the crisis passes. Boulder, Colorado has been working on strategies to help downtown retailers since before the coronavirus crisis.

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PYMNTS

JANUARY 27, 2020

It seems that old-fashioned video games are that hot new item, assuming they are in pristine condition and come in factory packaging, according to a new report in The New York Times. As that reports notes, “Older generations’ basements and attics are full of boxes of ‘stuff’ that was collected in the past. Flip and Profit.

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Video Trends New York Report 226

PYMNTS

JUNE 29, 2020

With the Wealthfront mobile app, customers with direct deposit can get paid up to two days early, as well as set up direct deposit for other payments like a tax refund or company expenses.

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Fintech California New York ATM 151

CB Insights

FEBRUARY 13, 2020

This growth has created major opportunities in the payments space, and companies like Stripe — the payments unicorn valued at a masive $35B — are hungry to capitalize on them. Payments companies assumed risk for losses associated with chargebacks, fraud, KYC, or AML, while also providing support, dispute management, and reporting.

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Online Company Retail Payments 98

PYMNTS

APRIL 3, 2018

The Wall Street Journal reported that the Atlanta-based company, which enables retailers, health-care providers and home contractors to offer loans to their customers, could go public as soon as this summer. and venture-capital firms DST Global and QED Partners. which valued the company at nearly $4.5

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PYMNTS

OCTOBER 31, 2019

billion for a stake in the bank, according to a report in the Financial Times. Yes Bank is a private-sector bank that mainly operates as a corporate bank, but it also does asset management and retail banking. Yes Bank in India has received an offer from an unnamed investor in the amount of $1.2 On Thursday (Oct.

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PYMNTS

MAY 27, 2016

The New York-based company reported a 7 percent loss in same-store sales last quarter as compared to 8 percent noted last year. The company’s CEO Millard Drexler said a challenging retail environment made it hard for the company to achieve its goals. J.Crew struggled to win back its base of loyal customers last quarter.

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New York Retail Capital Taxes 100

PYMNTS

DECEMBER 27, 2016

Snapdeal, the online retailer in India, has the answer to the cash crisis going on in the country: door-to-door delivery of cash. As reported by the BBC, taking those notes out of the financial system represented an effort to stymie fraud efforts, corruption and what the BBC noted as “illegal cash holdings.”

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Taxes Maine Online Retail 108

PYMNTS

OCTOBER 18, 2017

17) as a result of the company’s investment in blockchain, CNBC reports. I think the new story for Overstock is that we should anticipate this kind of volatility that historically was limited to when the company reported earnings,” said Tom Forte, analyst at broker-dealer firm D.A. Shares of Overstock.com rose 11.6 Davidson. “It

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blockchain Taxes Analysis Trends 109

CB Insights

OCTOBER 10, 2018

DOWNLOAD THE 61-PAGE consumer banking REPORT. Startups targeting retail and commercial banking have been emerging globally, spurred by favorable tech regulations, an uptick in mobile adoption, and shifting customer demographics. Table of contents: Market map: the startups disrupting retail & commercial banking.

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Retail Cards Millennials Mobile 78

PYMNTS

JUNE 15, 2018

In addition, corporate clients will be able to apply for working capital loans and make vendor and salary payments. In Africa, the biggest private bank in Kenya, CBA, has cemented a partnership with a FinTech there, Ennovative Capital, a Kenyan firm that licenses software to boost payments speeds. The tech is licensed by a U.S.

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Fintech Compliance Software Taxes 115

PYMNTS

JULY 27, 2018

Cross-border B2B payments company Flywire secured $100 million in funding this week, led by Temasek, while existing backers Bain Capital Ventures and F-Prime Capital Partners also participated. Its tool integrates with existing platforms like QuickBooks, while its features include payments, invoicing, budgeting and tax management.

Payments 101

Payments Capital Security Management 101

PYMNTS

AUGUST 22, 2016

New Mountain Capital, the majority stakeholder in JDA, instead went with Blackstone’s structured financing deal. JDA software is used by around 4,000 wholesale distribution and retail customers. Earlier reports on the Blackstone offer had indicated it was contingent on the results of the proposed Honeywell takeover.

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Software Taxes Groups Industry 100

PYMNTS

DECEMBER 3, 2019

“Ernest Chew, who heads the British lender’s capital goods and automotive investment banking team in the region, will join Carro as its chief financial officer in February,” the news service said, citing unnamed sources. According to the report , the deal comes as Carro raised some $30 million in fresh capital. Ford Retreat.

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Nashville Tennessee Philadelphia Branding 130