Perficient

FEBRUARY 2, 2023

Here are some of the biggest payment trends we’re forecasting for the new year. Security/Biometric Payments With the widespread popularity of digital payments continuing to grow, security remains at the forefront of concern for payment companies and their vendor partners.

Industry 471

Industry Trends social media Payments 471

PYMNTS

DECEMBER 28, 2020

Sage , which works in cloud business management, is working with digital operations platform Brightpearl on helping retailers utilize the cloud for their operations, a press release says. Digitising back office operations is a critical step towards transitioning to online commerce," Perkins added.

Retail 177

Retail Operations Customer Experience Online 177

PYMNTS

OCTOBER 14, 2020

Spend management was the focus of innovation in the commercial card space this week thanks to partnerships and investments in firms aiming to help companies keep track of expenses. Monitoring fuel purchases through both cost and location is a valuable tool for fleet managers to prevent fraud and protect margins.”.

Management 238

Management Cards Innovation Fraud 238

PYMNTS

SEPTEMBER 29, 2020

Global branded payments provider Blackhawk has debuted a new service allowing companies to outsource gift card and eGift program management, according to a news release Tuesday (Sept. The Issuance and Program Management Solution was moved along by Blackhawk’s acquisition of SVM, which works in open and closed-loop gift card solutions.

Management 182

Management Cards Mobile Meeting 182

Abrigo

OCTOBER 28, 2022

Managing loan workouts and modifications Tips for preparing your bank or credit union to handle an increased volume of problem loans while ensuring prudent credit risk management. Takeaway 2 Meanwhile, banks and credit unions will likely see a beefed-up regulatory emphasis on credit risk management practices, especially tied to CRE. .

Management 195

Management Risk Management Policies Lending 195

PYMNTS

JANUARY 27, 2021

Minna co-founders and CEO Joakim Sjöblom and Chief Operating Officer Jonas Karles told PYMNTS that getting a better handle on subscription spend can be done through retail banking channels, boosting financial institutions’ own revenue streams. Subscription management is part of that. Embracing The Subscription .

Management 181

Management Technology Cards Retail 181

PYMNTS

AUGUST 10, 2020

Commercial landlords were greeted with some good news in July as rent collections for retail properties increased by double digits compared to May and June, GlobeSt.com reported. A survey by Datex Property Solutions, the California-based real estate portfolio management company, revealed that retail rent collections were 68.8

Retail 195

Retail Survey California Operations 195

PYMNTS

MAY 4, 2020

He will be tasked with developing strategy, direction and comprehensive success of Mastercard’s operations across 53 countries in Europe. Mastercard’s European businesses cater to more than 950 million people via business partnerships with retailers, financial institutions (FIs) and other companies.

Operations 141

Operations Regulation Regional Retail 141

PYMNTS

SEPTEMBER 30, 2020

Dramatic shifts are underway in the retail sector as it adjusts to consumers’ increasingly digital preferences. Merchants are optimizing their eCommerce operations, but this is posing challenges for some, including luxury merchants. Australia-based installment payment provider Afterpay , for example, has seen its revenues hit $3.8

Payments 279

Payments Millennials Retail Trends 279

PYMNTS

MAY 5, 2020

Retail reopening events continued to draw light foot traffic on Monday, as Florida joined Texas in allowing non-essential stores to reopen. percent of consumers shop for retail goods online more often than they did on March 6, the first day of our study, and that continues to climb — up 10.5 percent from 35.5

Florida 205

Florida Retail Tampa Customer Experience 205

PYMNTS

NOVEMBER 13, 2020

Managing inventory, B2B payments and a plethora of food and beverage vendors can be a headache for any kind of restaurant, bar or retailer. Retailers that sell alcohol must be able to understand exactly which products they have in stock, and which products are generating the most revenue for the business.

Industry 219

Industry Payments Retail Regulation 219

PYMNTS

AUGUST 9, 2019

In an interview with PYMNTS, Tim Moran, senior vice president of product and marketing at Worldnet , told PYMNTS that the age of automated retail is dawning — but there is no one-size-fits-all approach. The tech savvy consumer, he told PYMNTS, expects choice and autonomy in a retail setting. Some Exceptions to Automation.

Retail 181

Retail Analytics Millennials Online 181

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

AUGUST 8, 2018

Global tech startup Beam Wallet is ready to launch a new mobile payment solution, which will link smartphones and blockchain technology to enable faster and simpler retail payments. In China, 90 percent of consumers use WeChat as payment for offline purchases.

blockchain 104

blockchain Mobile Retail Payments 104

PYMNTS

DECEMBER 17, 2020

In today’s top retail news, StockX has landed $275 million in a Series E funding round, while Rite Aid Corporation reported as part of its fiscal 2021 third quarter results that revenues rose by 12 percent. StockX has notched $275 million in a Tiger Global Management-led Series E funding round. Rite Aid Reports 12 Pct Rise In Revenues.

Retail 226

Retail Report Company Pennsylvania 226

PYMNTS

AUGUST 28, 2020

The PYMNTS Weekender is here to catch you up on the latest payments and commerce news. We have deep dives on retail’s digital D2C shift, blank-check companies, and DoorDash’s IPO plans. Truist CIO: Overcoming The Roadblocks To Faster Payments. When one part of a payments ecosystem goes offline, transactions can’t be completed.

Retail 208

Retail Los Angeles San Francisco Online 208

PYMNTS

DECEMBER 2, 2020

P97 Networks and Cybersource, Visa ’s international payment and fraud management platform, have unveiled a new multi-year international partnership to provide mobile payment acceptance tools that come with integrated risk management for fuel and convenience merchants, according to a Wednesday (Dec.

Payments 205

Payments Risk Management Fraud Mobile 205

PYMNTS

MARCH 31, 2020

High-level market intelligence about the $18 billion expected to be invested over the next three years is a major focus of the March 2020 Automated Retail Tracker™ from PYMNTS , which serves as a bimonthly breakdown of developments in this rapidly growing business sector. Amazon Go’ Cashless. And Amazon and 7-Eleven aren’t alone.

Retail 140

Retail Texas Illinois Seattle 140

PYMNTS

JUNE 3, 2019

The rise of eCommerce has done much more than change the way consumers shop (which, in turn, has helped to change the way consumers think about payments). Online retail has had a tremendous impact on logistics, further evidence of which emerged on Monday (June 3). and other retailers to fulfill orders from online shoppers.”

Retail 198

Retail Online Groups America 198

PYMNTS

JANUARY 28, 2019

Earnings season marks a scorecard of sorts, a regularly scheduled progress report on top and bottom lines and, in payments, a seemingly inexorable shift toward frictionless commerce. To that end, Tuesday (1/29) we will get insight into how eBay is faring with its efforts to manage payments across its U.S. marketplace.

Management 108

Management Payments Apple Report 108

PYMNTS

FEBRUARY 7, 2020

The rise of eCommerce has been an inexorable one, and the retail landscape has shifted for retailers. In a statement earlier in the week, Macy’s CEO Jeff Gennette said there is a “clear vision” moving forward, as Macy’s seeks to “fit into retail today.” Welcome, perhaps, to the mauling of the Great American Mall.

Retail 143

Retail New York Analytics Apple 143

PYMNTS

DECEMBER 10, 2018

The scope of late payments in the United Kingdom continues to be illuminated across government reports. The report noted that, in the words of Rachel Reeves, who chairs BEIS, “supply chain bullying is all too commonplace” amid stretched payment terms, and High Street firms are among those deliberately paying late.

Report 159

Report Retail Payments Survey 159

PYMNTS

JUNE 27, 2019

These retail models cater to customers who are on the go by offering seamless experiences and convenient payment methods. Such locations can be critical in expanding retail options for smaller cities and towns, too, and staff-free grocery store Farmhouse Market seeks to do just that for consumers in New Prague, Minnesota.

Operations 105

Operations Minnesota Security Policies 105

PYMNTS

APRIL 16, 2019

Retailers put together window displays and signs to create enticing storefronts, engage customers via social media and send printed ads through the mail. While brick-and-mortar stores can employ customer retention strategies, kiosk and vending machine operations don’t always have the same tools available. Unattended Loyalty .

Retail 162

Retail social media Mobile User Experience 162

PYMNTS

AUGUST 26, 2019

The August Automated Retail Tracker examines all the latest ways that supermarkets and other retailers are implementing technologies to provide more robust, high-speed services. Around the Automated Retail Wo rld. McDonald ’s recently began testing robots capable of operating its fryers. Get the full story in the Tracker.

Retail 139

Retail Trends Meeting Tools 139

PYMNTS

AUGUST 13, 2019

India’s One Nation One Card will be test-piloted with Mumbai bus operator BEST in November, NFCWorld reported on Tuesday (Aug. The national transit card system uses a bank-issued card that will run on India’s RuPay payments network, the news outlet said.

National 128

National Operations Cards Metro 128

PYMNTS

NOVEMBER 3, 2020

According to Ashish Jhina , co-founder and chief operating officer of B2B eCommerce platform Jumbotail , there is a significant opportunity to digitize India's food and grocery supply chains, and for these small retailers to embrace online commerce. The retailer has to go to a large wholesale market.

Payments 211

Payments Retail United States Online 211

PYMNTS

OCTOBER 1, 2020

In today’s top news, SWIFT launched a service for low-value cross-border payments, and the U.K. Plus, Amazon is expanding its Singapore operations. SWIFT Launches Service For Low-Value Cross-Border Payments. 1) that will enable customers to make faster, easier, predictable and competitively-priced payments worldwide.

Payments 172

Payments Operations Fintech Compliance 172

PYMNTS

NOVEMBER 6, 2020

billion for a part of Reliance Retail Ventures Ltd., Into Reliance Retail. billion for an equity share of roughly 2 percent in Reliance Industries subsidiary Reliance Retail Ventures Ltd. billion for an equity share of roughly 2 percent in Reliance Industries subsidiary Reliance Retail Ventures Ltd.

Retail 100

Retail Analytics Payments Fraud 100

PYMNTS

OCTOBER 15, 2020

Herrick expects that ReplyBuy and Airship will create a holistic ecosystem, allowing retailers to use its engagement technology to acquire customers and then use conversational commerce to retain them and grow their value. With ReplyBuy, we'll operate in two-way conversations into that experience. So is curbside pickup. Herrick agrees.

Retail 188

Retail Technology Branding Mobile 188

PYMNTS

MAY 13, 2019

In the unattended retail space, vending operators are also becoming more aware of the shifting behaviors of their shoppers and the need for swift and digital payment options. That smaller size opens up whole new markets, and gains access to spaces that have never had a retail experience [as] a part of it.”.

Retail 177

Retail Marketing eBook Atlanta 177

PYMNTS

MARCH 15, 2019

Sure, among many consumers (including younger people), dollar bills, C-notes and the like stand almost as relics — to these consumers, cash is a retro payment tool at best, and a dirty, logistically costly waste of paper and ink at worst. Better Cash Management? Seemingly important patterns and precedents are being set.

Management 136

Management Los Angeles Cards Philadelphia 136

Bobsguide

AUGUST 7, 2022

London, UK – August 3, 2022 – Finastra announced today that The Co-operative Bank has selected Finastra Kondor in the cloud, available via Microsoft Azure, to upgrade its treasury infrastructure and automate manual reporting and processes. EMEA PR Manager. For more information about the solution, click here. T +44 (0)7552 865009.

Operations 68

Operations Strategy Innovation Policies 68

PYMNTS

NOVEMBER 15, 2019

Cashless payments firm USA Technologies (USAT) is expanding its partnership with amusement kiosk operator National Entertainment Network (NEN) to bring expanded cashless payment options to more vending machines and devices, the companies announced in a press release on Friday (Nov. and Puerto Rico.

Puerto Rico 152

Puerto Rico Payments Colorado Florida 152

PYMNTS

NOVEMBER 15, 2019

Walmart Canada has developed a blockchain-based network to facilitate logistics operations and payments, the company announced in a press release Thursday (Nov. Blockchain is enabling a material advance in our smart transportation network, with expedited payments, extensive cost savings and other benefits among our supply chain.

blockchain 151

blockchain Payments Leadership Retail 151

South State Correspondent

DECEMBER 8, 2023

Every Bank Has a Certain Level of Small Business Banking Channel Confusion While few said it, almost every major bank implied some level of channel confusion with small business banking as it overlaps with retail, commercial, and specialty lines of business. After the seventh-month mark, conversion rates sharply decline.

Conference 195

Conference Retail Community Bank Technology 195

PYMNTS

JANUARY 27, 2021

The friction inherent in the basic operations of many healthcare services — from complex payment processing methods to inconsistent appointment management practices — became more salient against the backdrop of the pandemic. Every patient appointment was a potential minefield of lost opportunities for customer engagement.

Payments 263

Payments Data Survey Report 263