PYMNTS

JUNE 6, 2019

Waste is becoming ever more of a vice, especially among younger consumers, and now regulators. By 2023, manufacturers and retailers will have to donate, reuse or recycle the goods” under a program that the French prime minister called the first of its kind from any national government. Amazon’s Role. Liquidation Trends.

Retail 146

Retail New York Online Trends 146

PYMNTS

NOVEMBER 7, 2018

The company said Instacart Pickup provides customers with expanded delivery and/or pickup options, enabling them to order via Instacart and pick up groceries at retailers. Office of the Comptroller of the Currency (OCC) regarding the financial institution’s “technology operations.”. SWIFT Denies Rumor It Is Integrating With Ripple.

National 128

National Retail Branding Data 128

PYMNTS

AUGUST 7, 2019

Those two retail trends have recently collided in Southeast Asia, where Carro, an automotive marketplace and financing provider, reportedly has bought Jualo, an online marketplace for used goods from some 300 product categories. The deal is not the only recent news involving the online retail sales of automobiles. Retail Waste.

Online 112

Online Retail Trends New York 112

PYMNTS

OCTOBER 21, 2020

The EBF represents the vast majority of the European banking sector through its membership, spanning 32 national banking associations from across Europe, which in turn encompass more than 3,500 banks. The trends toward modernizing the banking system were only accelerated by lockdowns and shutdowns of brick-and-mortar locations. “If

Data 317

Data Regulation National Examples 317

PYMNTS

DECEMBER 12, 2016

9), Michigan became the first state in the union to pass statewide, comprehensive self-driving vehicle regulations that allow autonomous vehicles to drive … well, autonomously. As of now, only motor vehicle manufacturers can operate self-driving car networks in Michigan. On Friday of last week (Dec.

Michigan 100

Michigan Regulation Florida Apple 100

PYMNTS

MAY 31, 2020

Uber has been approved by the National Economic Prosecutor’s Office (FNE), Chile’s antitrust regulator, to acquire the Chilean grocery shopping app Cornershop, according to an FNE statement. Although Chile has now granted permission, Mexico regulators still have not.

Online 163

Online Regulation Retail Regional 163

PYMNTS

SEPTEMBER 29, 2020

s license to operate. ALDI is taking another large step into the world of online shopping as COVID-19 reshapes the retail landscape globally. Following an experimental effort at one British store, ALDI said it intends to grow its “click-and-collect” eCommerce grocery pickup offering to 15 stores throughout the nation.

Payments 189

Payments Regulation Capital Online 189

CFPB Monitor

MAY 18, 2022

After moving alone in 2020 to reform its Community Reinvestment Act (CRA) regulation, the Office of the Comptroller of the Currency (OCC) has joined the Federal Deposit Insurance Corporation (FDIC) and Federal Reserve Board in issuing a joint notice of proposed rulemaking setting forth proposed amendments to their regulations implementing the CRA.

FDIC 78

FDIC Regulation Community Lending 78

PYMNTS

JULY 24, 2020

President Joe Erlinger and National Franchisee Leadership Alliance Head Mark Salebra. While we’re certainly not the first business to require face coverings, we know this is a simple step everyone can take for their safety and the safety of others in our facilities,” Sam’s Club Chief Operating Officer Lance de la Rosa and Walmart U.S.

US 148

US Leadership National Retail 148

PYMNTS

OCTOBER 19, 2020

Regulation. Two government officials from European nations have advocated to have watchdogs engage in preventative measures against Big Tech to reduce their strength and handle on the market, according to reports. The new regulations would also reshape the manner in which these companies collect and harness information.

Taxes 143

Taxes Compliance Regulation Google 143

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

JUNE 18, 2020

The London-based trade group for Europe’s ePayments community is waiting for the European Banking Authority , the European Union (EU) banking regulator, to provide the 27-nation bloc with an update on Strong Customer Authentication (SCA). The implementation delay gives regulators an opportunity to get it right, Rodgers said.

Groups 131

Groups Regulation Fraud Security 131

PYMNTS

MARCH 19, 2020

The coronavirus could lead to tens of millions of unemployed workers and could change how businesses operate. Its estimates occur as the coronavirus outbreak has made nations limit citizen movements and make sure that lockdowns are followed in some instances. The International Labour Organization (ILO) said as many as 24.7

Taxes 130

Taxes National Retail Report 130

PYMNTS

JULY 24, 2020

Creating secure, convenient experiences for sellers and buyers alike is critical to eCommerce marketplaces looking to serve the retail sectors’ new needs and to help platforms appeal to more users. Beauty retailer Sephora , meanwhile, is renewing emphasis on China by deploying a localized eCommerce presence.

Compliance 152

Compliance Report Payments Security 152

Perficient

JULY 11, 2022

Buy now, pay later (BNPL) is a type of point-of-sale installment loan that partners with retailers to allow consumers to pay for their purchases in multiple equal payments. When online shopping, if a retailer has a partnership with a BNPL platform, the customer can choose it as their payment method when placing their order at checkout.

Fintech 474

Fintech Trends South Dakota Apple 474

PYMNTS

JULY 6, 2020

has now been approved to operate its derivatives platform, CoinDesk reported. By doing this, Crypto Facilities becomes the first and only firm licensed for derivatives, which the FCA is planning to ban for a limited time, arguing the products are not suited for retail investors. million South African rand ($4.4

Bitcoin 169

Bitcoin cryptocurrency blockchain Regulation 169

Abrigo

NOVEMBER 18, 2019

Key Takeaways Cannabis-related businesses operate in high cash volumes, creating a public safety concern. CRBs operate with high levels of cash, with many of them currently cash-only businesses. Are you still confused on the rules and regulations around banking cannabis-related businesses? Why is the SAFE Banking Act important?

Regulation 150

Regulation Community National Operations 150

PYMNTS

MAY 2, 2019

According to a report in The Financial Times , the new business — dubbed NatWest Tyl — is a merchant acquiring service for small and medium-sized businesses, enabling retailers to accept payments via cards in physical stores and online. NatWest Tyl will make money charging fees to connect them to networks operated by Visa and Mastercard.

Payments 173

Payments Regulation Analytics National 173

PYMNTS

MAY 26, 2016

Those services launched into virgin territory in terms of regulation — businesses of this kind had never quite existed before — and so the rules and regs in place did not quite manage to directly address them. But the events of the week indicate that this area is not likely to remain quite so gray forever. The Big Austin Loss .

Regulation 100

Regulation Austin San Antonio United States 100

PYMNTS

DECEMBER 9, 2019

It’s a national imperative,” said Hundt, leader of the agency from 1993 to 1997, on “ Squawk on the Street.” The regulators felt that the merger could adversely impact wireless competition, and ultimately harm consumers. Building out 5G networks is imperative to the U.S., He added that there are two ways the U.S. He added that the U.S.

US 130

US Mobile Regulation Meeting 130

PYMNTS

JULY 23, 2020

Regulators in Mexico passed a law governing FinTechs in March 2018, just two months after PSD2 went into effect in the European Union, and others in the region have since followed suit. This steady march toward online banking tools has played a key role in how Brazil’s regulators are structuring its open banking rules.

America 165

America Regulation Regional Tools 165

NCR

OCTOBER 4, 2017

The plan is for the electronic currency to operate via a smartphone app and QR codes that can be scanned in stores. With the Japanese central bank and financial regulator confirming their support for the new payment system, the bank consortium hopes to have it ready in time for the Tokyo Olympics in 2020.

National 45

National Groups blockchain Cards 45

PYMNTS

APRIL 7, 2017

As part of the new law that has “legalized” bitcoin in Japan, the nation’s Financial Services Agency has put capital requirements, along with cybersecurity and operational stipulations, in place for bitcoin exchange. Already, retailers in Japan are boarding the bitcoin train. Bitcoin’s market cap sat at just over $19.1

Bitcoin 103

Bitcoin National Training Retail 103

PYMNTS

AUGUST 24, 2019

As new PYMNTS research documents, over the past year, 18 Major League Baseball (MLB), National Basketball Association (NBA), National Football League (NFL) and Major League Soccer (MLS) arenas have deployed biometric solutions by CLEAR. we can also expect more voice-assistant retail as part of the games.

Payments 161

Payments social media Mobile Seattle 161

PYMNTS

JANUARY 6, 2020

The nation has watched many European countries go through this process over the past year, so impacts on its financial ecosystem are at least expected if firms have not yet experienced them. PSD2’s impact on the Netherlands’ banking infrastructure, retailers and economy was deeply investigated, and now it is Turkey’s turn.

Regulation 131

Regulation Industry Data Regional 131

PYMNTS

AUGUST 17, 2018

With India expected to be a $1 trillion digital economy by 2025, online retailers all want a piece of the action. And, earlier this month, India’s anti-trust regulator approved Walmart’s $16 billion acquisition of online marketplace Flipkart. based retailers to get a stronghold in India.

social media 101

social media Policies Retail Online 101

CFPB Monitor

DECEMBER 19, 2019

The OCC and FDIC have issued a joint proposal to revise their regulations implementing the Community Reinvestment Act (CRA). Although the Federal Reserve, OCC and FDIC, are the primary CRA regulators, the Fed did not join the proposal and presumably will issue a separate proposal. Activities that qualify for CRA credit.

FDIC 78

FDIC Regulation Community Retail 78

PYMNTS

MAY 22, 2019

The online retailer has already been looking to raise capital at a valuation of about $2 billion, and the acquisition of ShopClues could help its funding efforts. The company receives about 40,000 orders per day — a deal with Snapdeal could bolster its operations to fulfill those orders. As of 2018, Snapdeal had a market share of 1.9

Meeting 116

Meeting Capital Policies Compliance 116

PYMNTS

DECEMBER 2, 2016

Business tax cuts: The corporate world had reason to cheer this week, when Trump’s pick for incoming treasury secretary, Steve Mnuchin, stated that the number one priority in terms of regulation is to roll back parts of Dodd-Frank. percent less according to the National Retail Federation. Plenty bad. Questrom noted.

Retail 100

Retail Taxes Data social media 100

PYMNTS

JULY 12, 2019

Visa is committed to its mission of ensuring smooth operation of non-cash payments for all participants of the payment system — banks, merchants [retail businesses] and consumers,” Visa said, adding that it won’t talk third-party opinions “based on assumptions and personal view of the author.”. We do not see reasons for concern.”.

Payments 108

Payments US System Capital 108

PYMNTS

DECEMBER 9, 2020

Lukies said that prior to the 2008 financial crisis, regulators and the like normally left banks to their own devices, as long as they didn’t mess it up so that people couldn’t pay their bills or go shopping. Lukies said the balance of regulatory trust has altered, ushering in a wave of regulations like open banking , PSD2 and GDPR.

Innovation 306

Innovation Fintech Payments Regulation 306

PYMNTS

MARCH 21, 2019

That will also work in favor of companies such as Jumio: The FDA said retail sites selling those flavored products must use third-party authentication services to prevent sales to underaged consumers. As one can imagine, the FDA’s recent decision is hardly popular in all parts of the retail world. Regulatory Trend.

Online 152

Online Retail Regulation Trends 152

CFPB Monitor

JULY 1, 2021

The DFS asserted that the practice of allowing dealer “discretion” in setting retail interest rates resulted in statistically significant differences in pricing, disadvantaging Hispanic and African-American consumers, with differences ranging from 20 to 59 basis points.

New York 78

New York Retail Lending Analytics 78

PYMNTS

JANUARY 28, 2019

And so, nationalism comes full force to eCommerce, focused on the United States and India, offering another drama, another stage, another possible battle over trade. As has happened so far, India’s government said late last year that new eCommerce regulations would become the law of the land – at the end of this week, on Feb.

Course 188

Course National Online Google 188

PYMNTS

FEBRUARY 10, 2017

ING Direct and Macquarie are both nationally known and nationally used medium-sized Australian banks — who uniquely boast national reach, which local experts believe will give them something of an advantage in mobile roll out.

Apple 100

Apple National Groups Marketing 100

PYMNTS

MAY 25, 2016

regulators suggesting that lenders do not finance corporations with an already hefty debt load. financial regulators. “Regulators don’t make our loan decision for us,” said Wells Head of Corporate and Commercial Banking and Treasury Management Perry Pelos. “We have certain processes. ”

Lending 100

Lending Regulation America US 100

PYMNTS

SEPTEMBER 17, 2020

But: The bank is keeping an eye on the experiences and progress of other nations, and still is researching its own technological and “policy implications” of wholesale forms of CBDC. Separately, of course, the People’s Bank of China (PBOC) has said that a test of a CBDC rests with small retail transactions — not large-volume transactions.

Policies 181

Policies Boston Examples ATM 181