PYMNTS

MAY 28, 2020

Seven out of every 10 SMBs have either added new digital capabilities or enhanced their existing digital services during the 10 weeks since the COVID-19 pandemic began, in fact, and many more changed the way they operated to reduce costs and mitigate the cashflow crunch following the outbreak.

Maine 182

Maine Data Innovation United States 182

PYMNTS

JUNE 2, 2020

A glimmering bright spot in the daily bad news cycle is PYMNTS’ finding that businesses of every type – especially small and medium-sized businesses (SMBs) – are using the pandemic as an impetus to make needed operational changes and bring SMBs’ online presences firmly up to date. percent plan to maintain all of their operational shifts.”.

Maine 131

Maine Survey Comparison Operations 131

PYMNTS

JUNE 19, 2018

The Federal Trade Commission (FTC) has announced a new law enforcement initiative targeting operations seeking to defraud small businesses. attorneys’ offices and the Better Business Bureau (BBB), the FTC has released the results of Operation Main Street: Stopping Small Business Scams. Postal Inspection Service, two U.S.

Maine 108

Maine Fraud Operations Survey 108

PYMNTS

MARCH 13, 2020

has reportedly put all of them back into operation. The closures were one of the main reasons the tech company cited for removing its March quarter sales outlook, Bloomberg reported. After it was forced to shutter its retail locations in China because of the spread of COVID-19, Apple Inc.

Apple 265

Apple Operations Retail Maine 265

PYMNTS

MARCH 30, 2020

The boutique shops that lined Main Street USA, which got nearly all of their business face-to-face in their stores, expected that 2020 would be another great year. Today, nearly all SMBs (those that remain in operation, that is) have been forced to divert that sense of optimism into a battle for their survival.

Maine 232

Maine Data Capital Study 232

PYMNTS

MAY 20, 2020

Most businesses have been hit hard by the global pandemic, but perhaps no segment has been more crippled or left with a future more uncertain than the Main Street local establishments that rely on daily sales for traffic. Also looking to give Main Street merchants an easier way to set up digital shop online is OfferUp.

Maine 177

Maine Fintech Retail Online 177

PYMNTS

APRIL 21, 2020

But despite tidbits of good news that infection rates are coming down and government money is moving out, a majority of Main Street businesses don’t see themselves surviving COVID-19. This “COVID-19 cash gap” will be decisive in which small and medium-sized businesses (SMBs) remain in operation , and which don’t.

Maine 130

Maine Survey Report Retail 130

PYMNTS

SEPTEMBER 7, 2020

The continued resumption may not be enough to stave off the top-line pressures and cash crunches that bedevil the Main Street SMBs that power a significant portion of the U.S. The state of Main Street right now? is roughly six months into a global pandemic (as declared in March by the World Health Organization).

Maine 161

Maine Survey Data United States 161

PYMNTS

MAY 1, 2020

Will small- to mid-sized businesses (SMBs) follow consumers’ lead and digitize their operations to meet their new demands? These are just a few of the questions we sought to answer in Main Street On Lockdown: Reinventing The Road To Recovery edition. Our research shows that 66.4

Maine 161

Maine Data United States Meeting 161

PYMNTS

APRIL 10, 2020

Cities are starting to supplement the federal government in an effort to save Main Street businesses from the destructive economic effects of the COVID-19 pandemic. And speed is of the essence. According to OpenTable , year-over-year restaurant visits are down 63% in Seattle, 61% in New York, and 53% in San Francisco due to COVID-19.”.

Maine 141

Maine Seattle San Francisco New York City 141

PYMNTS

DECEMBER 17, 2020

Main Street businesses are optimistic about their longer-term survival — meaning that they believe their businesses will be around two years from now. That’s important, given the fact that Main Street SMBs are responsible for driving a significant portion of the economy, employing roughly 40 percent of the workforce.

Maine 117

Maine Philadelphia Online US 117

PYMNTS

JUNE 12, 2020

Michael Kanter and his wife and have owned and operated Cambridge Naturals near Harvard Square since 1974.

Maine 151

Maine Groups Operations Retail 151

PYMNTS

FEBRUARY 23, 2020

Reginald Fowler, “an alleged operator behind payment processor Crypto Capital , was charged with wire fraud” on Friday (Feb. This is in addition to charges of bank fraud, an unlicensed money transfer operation and conspiracy. For this reason, it’s difficult to ascertain exactly how much trading is done.

Operations 151

Operations Fraud Capital Marketing 151

CFPB Monitor

AUGUST 5, 2021

Maine has amended its Consumer Credit Code to target loans made using a bank partnership model. The amendments include an anti-evasion provision under which a purported agent or service provider is deemed a “lender” subject to Title 9-A, Article 2 of Maine Revised Statutes.

Maine 78

Maine Illinois Operations Payments 78

PYMNTS

JUNE 27, 2018

Pepper, a robot developed by SoftBank and robotics firm Aldebaran, is entering the retail banking market with the robot’s debut at HSBC ’s main bank branch in New York City. to have a robot in retail banking operations. HSBC said it’s the first bank in the U.S.

Maine 122

Maine New York City Trends New York 122

PYMNTS

MAY 8, 2020

months of payroll (plus some expenses) if they could prove it necessary to continue to operate their business as the businesses were told to close their doors as a result of the pandemic. In the beginning, it was defined as a Paycheck Protection Program, giving businesses under 500 employees the opportunity to get 2.5

Maine 161

Maine Guidelines Capital Fintech 161

PYMNTS

MAY 11, 2020

The situation facing the smallest firms on Main Street is dire, even with funding from the Paycheck Protection Program in hand. When PPP forgivable loans were factored in, PYMNTS found, the companies said they would have enough funds to stay operating another 69 days. To a certain extent, that’s true. As many as 24.9

Maine 189

Maine Guidelines United States Company 189

PYMNTS

MAY 29, 2020

We have deep dives on Main Street’s digital shift, ATM innovation and PPP loans. NEW DATA: Inside Main Street SMBs’ Digital Shift. FinTechs Help Main Street Find Its Footing. It’s the end of the work week, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in payments and commerce news.

Maine 130

Maine ATM Innovation Millennials 130

Insights on Business

NOVEMBER 29, 2018

Operational innovation is vital in a highly competitive financial services sector, with a new community of digital banks and other firms vying for market share. Drivers for Operational Innovation. Ongoing conversations between IBM and CFOs over the years have identified key activities that can help progress operational efficiency.

Operations 138

Operations Innovation Management Risk Management 138

PYMNTS

APRIL 1, 2020

Restaurants are tough businesses to operate, even in the best of times — 60 percent fail within their first year, and 80 percent within their first five. Yi said the impact of COVID-19 caught Zoku Sushi “completely flat-footed” by the nearly overnight shutdown that came to its base of operations in Midtown Manhattan.

Operations 171

Operations New Jersey Connecticut Course 171

PYMNTS

MARCH 22, 2017

And, behind the scenes, the brewery’s story is that of an exacting journey of finding Main Street success. Two months later, Lamplighter was fully operational. According to the Brewers Association, there were around 4,100 breweries operating in the U.S. Growing Thirst for Suds. as of December 2015. Denver, Colo., Portland, Ore.

Maine 100

Maine Portland Massachusetts Denver 100

Perficient

JANUARY 28, 2021

In this post, we will review the three main manufacturing types and the key terminology that goes with each one. The three main manufacturing types are: Discrete. There are three main components; the tabletop, the table legs, and the fastening hardware. Operation Step- A singular step in the WIP Job to create the Assembly.

Maine 332

Maine Examples Operations Groups 332

PYMNTS

AUGUST 21, 2020

That so many SMBs are uncertain about whether they can survive — despite having access to emergency reserves — speaks to how dire the pandemic has been for Main Street businesses. Our research shows the greatest share of SMBs have ceased operations for now to weather the COVID-19 outbreak’s resultant economic downturn, with 30.5

Maine 142

Maine Survey Report United States 142

Chris Skinner

JANUARY 16, 2020

Nice acronym although I prefer Coca-Cola, the Co-ordinated Car Co-operative Association. Just before Christmas I heard of a new European payments initiative called PEPSI, short for Pan European Payment System Initiative. Or something like that. Anyways, whichever Cola you prefer, this new initiative is interesting.

Payments 327

Payments Maine System Operations 327

Independent Banker

SEPTEMBER 26, 2014

A lot of the business owners in our neighborhoods are very good operators but are not necessarily trained in how to work with a bank,” he says. In addition to operating a branch in Detroit and eight in Chicago, the bank opened one inside a Walmart store about a year ago. “In Banks Industry Insight Main Street Focus'

Maine 99

Maine Detroit Chicago Community 99

South State Correspondent

JANUARY 17, 2024

Not All Bank Products Are the Same One of the main findings of the study is that the liability side drives most of the cross-sectional variation of bank value. One tactic is to utilize other products to support the main value drivers. The answer is – most likely. While some banks do, many do not. The same goes for transaction accounts.

Study 195

Study Maine Analytics Capital 195

PYMNTS

JANUARY 25, 2019

With PSD2 in full swing in the European Union (EU), any merchant dealing with the payment data of EU citizens must upgrade their payment protocols to stay compliant. That said, the fact that PSD2 is effectively changing how merchants transact doesn’t mean the merchants in question understand what those changes mean.

Operations 195

Operations Regulation Data Trends 195

PYMNTS

OCTOBER 17, 2019

In today’s payments news, China has allowed PayPal to operate in the country with its purchase of a majority stake in GoPay. China has allowed PayPal to operate in the country with its purchase of a majority stake in GoPay. Also, Mastercard has outlined its intentions with blockchain following its high-profile Libra Association exit.

Operations 100

Operations blockchain Payments Apple 100

Bank Innovation

AUGUST 24, 2018

billion in assets and operates mainly in Asia, Africa, and the Middle East, announced in June that it would begin work on developing a disruptive new business model for the Hong […]. Standard Chartered, headquartered in London, is expanding its global digital footprint from Hong Kong to the west coast of Africa.

Maine 253

Maine Marketing Operations Online 253

Celent Banking

JANUARY 22, 2015

Peer to Peer (P2P) lending is one of those situations and banks have started to experiment with it, taking P2P lending to main street. For example in Argentina it was the first P2P lender to operate with the approval of the regulator, under a trust structure where Afluenta administers the trust and the money is out of its estate.

Maine 100

Maine Lending Regulation Risk Management 100

TheGuardian

AUGUST 25, 2020

Bank blames impact of Covid-19 and low interest rates for move The Co-operative Bank is to cut 350 jobs and close 18 branches across the UK, as it battles against low interest rates and the economic downturn sparked by the Covid-19 crisis.

Operations 62

Operations Maine Management 62

PYMNTS

JUNE 13, 2019

This is an unprecedented case of political interference in the Financial and Capital Market Commission’s operations,” he said. But the current head of the commission, Peter Putnins, is critical of the changes. In 2017, two Latvian banks were fined more than 2.8 million euros ($3.26

Regulation 120

Regulation Maine Capital National 120

PYMNTS

SEPTEMBER 21, 2016

Both Uber and its main competitor in India, Ola, hold more than 70 percent of their revenue from only five cities in the whole country: Bengaluru, Hyderabad, Chennai, Delhi-National Capital Region and Kolkata. They’ve hosted protests in major cities, including Mumbai, Delhi, Bengaluru and Kochi. Government acceptance is also an issue.

Maine 100

Maine Customer Experience Regional National 100

Perficient

FEBRUARY 9, 2021

Understanding the technology systems the enable these fulfillment methods are important for successfully driving positive, enhanced customer experiences, and retailers need to rely on omnichannel fulfillment as a main source of delivery for seamless customer buying experiences, even in post-COVID-19. Curbside is Your Friend, Not Your Foe.

Retail 506

Retail Customer Experience Strategy Maine 506

Perficient

SEPTEMBER 8, 2021

True personalization requires three main elements: Know Me – data that is enabled AI and ML continuously updates to provide analytics relevant to the customer. It is estimated that insurers can automate 50-60% of back-office operations and displace 46% of processing roles.

social media 477

social media Analytics Maine Study 477

Perficient

MAY 15, 2023

Want to learn more about financial services industry-specific considerations for improving operational efficiency through data optimization? Additionally, maintaining clear, comprehensive data systems promotes business ethics and adherence to laws and regulations enforced by regulatory bodies.

Data 275

Data Conference New York City New York 275

PYMNTS

DECEMBER 9, 2019

On the upside, the item only seems to have appeared on Walmart Canada’s site and seems to have come care of a marketplace seller, not the main brand. That’s why Santa really likes to savor the moment when he gets his hands on some quality, grade A, Colombian snow.”. Nonetheless, Walmart is very, very sorry.

Operations 101

Operations New York Maine America 101