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Retail Bankruptcies, Closures Faster This Year Than Last

PYMNTS

And additional retail bankruptcy filings are expected in the second half of the year, while brick-and-mortar stores will continue to close at a higher rate, according to a report by professional services firm BDO USA LLP. The reported noted that a subpar 2018 holiday season was a main factor, with December retail sales dropping 1.6

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 Visa B2B Connect Goes Global

PYMNTS

As reported, the launch covers 30 markets globally. As noted in Retail Dive, the two companies said in a press release that Visa banking and FinTech partners will have the option to use Currencycloud’s cloud-based payments platform. Visa also said last week that it linked with Currencycloud to focus on cross-border and travel payments.

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Data Dive, The Bad, The Worse And The Ugly Edition: Store Closures, Coronavirus And Bitcoin

PYMNTS

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 . The year got off to something of a rocky start for physical retailers, as the recent spike in store closures carried on and even picked up strength.

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Visa On Tap To Pay, Cash Displacement And B2B Payments

PYMNTS

McInerney also pointed to government to consumer (G2C), which is a “more nascent” market, with presence in government benefits and tax refunds. He said that the $120 trillion B2B market, as measured in payments volume, is tied to lower velocity but higher value flows. In the U.S.

Payments 163
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CFPB: Are They Coming to Get You?

Jeff For Banks

Shouldn't the CFPB work to address the impediments to starting a bank in LMI markets rather than punish community banks who scrambled to serve their customers when the economy shut down? According to my firm's profitability peer group, a branch with $74 million in average deposits made a mere pre-tax profit of three basis points.

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The eCommerce Bachelor: Which City Will Get The Rose?

PYMNTS

Jeff Bezos missed a major marketing opportunity there (as if Amazon needs it). Others are offering standard fare such as tax credits — although even that can’t be viewed as “standard” in this race. Charlotte, North Carolina. How is the race to be Amazon’s second home city not a reality show? What does that mean?

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Finovate Fall 2016 Live Blog – Day 1

William Mills

Visualizing data for trends and market projection, visualize data in different ways. Built a workflow for the bank so the bank can approve payment and see all compliance and tax information. Silver Fusion Retail Outlet: Where Snowbirds Shop”. Back in 2013 this was their company stats: HQ Location: Charlotte, NC.

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