PYMNTS

SEPTEMBER 21, 2020

A shocking new report reveals an underworld of corruption in the world’s banks and how governments allow it to thrive, BuzzFeed News reported. The report found the illegal profits from the drug trade, cash stolen from developing countries and Ponzi schemes flow through financial institutions despite warnings from bank employees.

Report 279

Report North Carolina United States New York 279

PYMNTS

SEPTEMBER 17, 2020

To enable customers to shop from the complete selection of multiple mall offerings and retrieve their purchases from one place, European mall operator Citycon is creating a buy-online-pick-up-in-store (BOPIS) service. Citycon runs 40 shopping centers throughout Estonia and the Nordic nations, Bloomberg reported.

Operations 159

Operations Philadelphia United States Online 159

PYMNTS

APRIL 9, 2020

million ransom to get their systems back online, The Wall Street Journal reported. They claimed to have birthdates, credit card information and national insurance numbers and demanded the $6 million payment. Travelex, the foreign exchange company that was crippled by hackers on New Year’s Eve, reportedly paid a $2.3

Report 279

Report Groups Data Cards 279

PYMNTS

AUGUST 13, 2020

The Philippines government has confirmed that Christopher Bauer, a former executive of the bankrupt German payments company Wirecard AG , has died, Reuters reported. . He was part of an ongoing probe by the National Bureau of Investigation and the Anti-Money Laundering Council. . On Thursday, (Aug.

Report 157

Report Operations Online Fraud 157

PYMNTS

AUGUST 28, 2020

Bloomberg News reported that Transport for London (TfL) will stay neutral and let the court decide whether Uber can operate in its biggest European market. Citing that Uber was unfit to hold a license, TfL suspended the company’s operations last November.

Operations 154

Operations Regulation Groups Data 154

PYMNTS

JUNE 1, 2020

The National Coalition of Associations of 7-Eleven Franchisees (NCASEF) said store operators who took in federal Paycheck Protection Program (PPP) loans could potentially have to pay back a “material portion” of the funds. The NCASEF is a trade association for 7-Eleven franchise operators in the U.S.,

Operations 131

Operations National Groups Examples 131

PYMNTS

SEPTEMBER 8, 2020

Lululemon Athletica reported Tuesday (Sept. Each of the retailer’s retail locations in Europe, North America and select Asia Pacific nations were shuttered for a time in Q1. The company reported that 492 of the 506 retail locations that it runs were open as of Aug. Lululemon reported 54.2 Lululemon reported 54.2

Report 168

Report Retail America National 168

PYMNTS

SEPTEMBER 12, 2019

There are many forms of nationalism. Ethnic nationalism. Cultural nationalism. Now comes cryptocurrency nationalism? Coindesk reported this week that, in the Netherlands, cryptocurrency firms based outside of Europe may “get the boot” amid new regulations. 10, 2020 if they wish to continue to operate there.

National 109

National cryptocurrency Policies Regulation 109

PYMNTS

OCTOBER 8, 2020

one of the biggest payments processors in the world, one of the top 3 banks in Brazil, one of the big four banks in Australia, the largest national card processor in Europe, and several others),” according to the release. The deals sometimes concerned big players, including “some of the largest and most innovative companies in the world (e.g.

Report 247

Report Fraud Risk Management America 247

PYMNTS

MARCH 6, 2018

Citigroup is gearing up to launch a digital consumer bank that will be national in scope and will arrive within the next three years. As it stands now, Citigroup operates branch offices in only six large cities in the U.S. but has credit cards that are used around the country. better than the Street. Its top line was up 1.4

National 135

National Digital Banking Conference Texas 135

PYMNTS

NOVEMBER 9, 2020

reported on Monday (Nov. In international operated markets, comparable sales results improved during the quarter. As for its overall results, McDonald’s reported $2.22 McDonald’s Corp. 9) as part of its Q3 earnings that its comparable sales continued to improve throughout the world, fueled by positive 4.6 billion in revenue.

Report 149

Report United States Marketing Operations 149

Perficient

AUGUST 16, 2023

A rather small bank, as of the end of its first quarter, the bank reported $139 million in total assets and $130 million in total deposits in its FDIC Call Report. Heartland Tri-State began operations in 1985 under the name First National Bank of Elkhart. bank to fail this year.

United States 221

United States Kansas FDIC Risk Management 221

PYMNTS

DECEMBER 10, 2020

This month’s Deep Dive examines how mobile and contactless payment options are poised to reshape the corporate payments ecosystem as well as how virtual cards can help businesses adapt their operations to the digital-first payments ecosystem that has emerged. . Reshaping Business Payments . Much of the U.S.

Operations 192

Operations Payments Cards Mobile 192

PYMNTS

MAY 6, 2019

The news came Thursday (May 2) that, per a ruling in federal court in New York, the State Department of Financial Services can move forward with a suit that looks to derail national bank charters for FinTech companies. The national licenses would let FinTechs lend money and paychecks to consumers. lakh (roughly $1.6 In the U.K.,

National 165

National Fintech New York Exercises 165

PYMNTS

MAY 20, 2020

In other news, France has become the first nation to test out a blockchain-operational digital euro with successful results, Banque de France announced on Wednesday (May 20). The institution noted per the report that it tried out a central bank digital currency (CBDC) sale of securities in mid-May.

Bitcoin 131

Bitcoin blockchain Operations cryptocurrency 131

Bank Innovation

NOVEMBER 10, 2017

The National Bank of Australia (NAB) will create 600 new technology jobs. According to reports, […]. This announcement comes just a few weeks after the bank said it was cutting 4,000 jobs.

National 191

National Industry Fintech Technology 191

PYMNTS

MARCH 3, 2020

The appointed organizer for the initiative, SFB Technologies, tapped the Algorand protocol because of its scalability, speed, security and its “ability to effectively implement required compliance controls and the transaction finality needed for a national currency.” At that time, Robocoin put a machine in a café in Vancouver.

ATM 168

ATM Bitcoin National Miami 168

PYMNTS

MARCH 29, 2019

Payments company Square has partnered with the Washington Nationals and Levy Restaurants to let fans order concession menu items right from their seats, according to reports. Alan Gottlieb, chief operating officer at Lerner Sports Group, said it was important for Nationals fans to get the most out of their ballpark experience.

Washington 134

Washington National Google Apple 134

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

PYMNTS

SEPTEMBER 17, 2020

In today’s top news in payments around the world, Delivery Hero said it has acquired Glovo’s Latin America operations, and Telefónica is teaming with Rakuten for the development of an OpenRAN (radio access network). Report: Walmart’s Flipkart To Go Public. Delivery Hero Acquires Glovo's LATAM Business.

Operations 154

Operations Payments United States Groups 154

PYMNTS

OCTOBER 22, 2020

Businesses around the world are warming to automations and other digital tools that can simplify these processes as they seek to sustain or grow their operations. Fifty-one percent of SMBs in a recent study reported that they had persuaded business customers to switch over to digital payments, for example. About The Playbook.

Report 159

Report Tools Examples Meeting 159

PYMNTS

JUNE 5, 2020

Citi ‘s Treasury and Trade Solutions (TTS) customers have increased their utilization of the firm’s digital banking technology, while firms globally implemented continuity plans and telecommuting to stay in operation amid the pandemic. million this March from 3.7 million in the same month last year.

Report 132

Report Online National Taxes 132

PYMNTS

JULY 24, 2020

The July Payments Powering the Platform Economy Report examines how international eCommerce platforms work to create transaction experiences that are compelling and secure for users in each market they serve. Find more about these stories and the rest of the latest headlines in the Report. Get the full story in the Report.

Compliance 152

Compliance Report Payments Security 152

PYMNTS

FEBRUARY 20, 2019

Blockchain is increasingly being separated from cryptocurrency, with an eye toward disparate use cases — some done at the national level. To that end, reports came this week that Germany has put a consultation and commentary period in place that will focus on blockchain, with a goal of having a strategy outlined by the summer, Reuters said.

National 161

National blockchain Cleveland cryptocurrency 161

PYMNTS

JULY 30, 2020

In today’s top news, Enova will purchase OnDeck in a $90 million stock and cash deal, and PayPal reported record second-quarter earnings. Report: India’s National Payments Corp Vulnerable To Security Breaches. National Payments Corp. Enova To Buy OnDeck In $90M Stock And Cash Deal.

Report 133

Report Payments National Maine 133

PYMNTS

NOVEMBER 29, 2020

chefs and industry advocates fear new rules to stem the spread of COVID-19 could be the final straw, the Financial Times (FT) reported. It's becoming very stressful," Chef Daniel Boulud of Manhattan's Daniel restaurant said, FT reported. The National Restaurant Association cited U.S. The group's head, Tom Bené, argued in a Nov.

Operations 132

Operations US National Industry 132

PYMNTS

JANUARY 28, 2020

WhatsApp, which boasts end-to-end encryption and high-level security, disclosed 12 vulnerabilities in 2019, seven of which were described as critical, according to a report by the Financial Times. National Vulnerability Database, which is run by the U.S. National Vulnerability Database, which is run by the U.S.

Report 130

Report Security Conference Video 130

PYMNTS

APRIL 30, 2020

As it worked to provide its customers with off-premise options amid the coronavirus pandemic, Dunkin’ Brands reported that about 90 percent of Dunkin’ U.S. The company reported that Dunkin’ U.S. comps only fell over the quarter’s last three weeks as shelter-in-place orders and social distancing practices spread throughout the nation.

Operations 130

Operations Branding Report National 130

PYMNTS

JUNE 2, 2020

As the crisis enters its fourth month, counting March, two new earnings reports indicate that about 60 percent of retailers are paying their rent — with a few very notable exceptions. RPAI) reported its COVID-19 guidance on Monday (June 1) for April and May. It reported 52.4 percent of April rent collected as of April 30.

Retail 130

Retail Report Payments Maryland 130

PYMNTS

JUNE 15, 2020

“The COVID-19 pandemic has forced restaurants to limit and change operations,” OpenTable said in a statement. Last month, PYMNTS reported the national decline in restaurant bookings started to ease, based on OpenTable data.

Report 131

Report US Data Community 131

BankUnderground

NOVEMBER 2, 2022

Operational risk is rapidly becoming one of the most important threats to the financial system but is also one of the least well understood. But they are only one part of operational risk, which includes losses from any kind of business disruption or human error, including power outages or natural disasters.

Operations 87

Operations Policies System Regulation 87

PYMNTS

JANUARY 19, 2021

With more financial institutions (FIs) turning to external third-party FinTechs to strengthen their small- to medium-sized business (SMB) and corporate offerings, the collaboration model is proliferating across national borders. National Australia Bank Chooses Eedenbull. BNL Goes Live With Tink. ní banka Taps Temenos.

Fintech 341

Fintech National Groups Tools 341

PYMNTS

DECEMBER 21, 2020

with money laundering, fraudulent banking and computer fraud, Reuters reported. “It It is not yet clear whether he participated actively in the theft or if he simply decided not to increase security measures after discovering it,” Ivano Gabrielli, director of the national center for cyber crimes (CNAIPIC), told Reuters. Meanwhile, U.K.

blockchain 206

blockchain Bitcoin Fraud Report 206

PYMNTS

DECEMBER 2, 2019

Consider the fact that, as estimated by CipherTrace’s third-quarter report for 2019, the total volume of fraud tied to crypto shows losses in the range of $4.4 Looking at theft done through the exchanges, it might seem to be getting a bit better: The CipherTrace report noted that the total bilked from crypto exchanges, at $15.5

Fraud 130

Fraud Report cryptocurrency National 130

PYMNTS

DECEMBER 4, 2020

sanctions, according to a report from Deutsche Welle’s Spanish-language service, reported CryptoNews. The proof-of-concept was run in partnership with BIS’ Innovation Hub Swiss Centre, the Swiss National Bank and financial infrastructure operator SIX, according to the announcement.

cryptocurrency 152

cryptocurrency Bitcoin National US 152

Perficient

JULY 1, 2020

Forrester has included Perficient in its Now Tech: Oracle Apps Implementation Services Providers, Q2 2020 report. Within the report, Forrester examined implementation service providers for their work with Oracle Cloud apps including ERP Cloud, EPM Cloud, and HCM Cloud as well as legacy-oriented apps like PeopleSoft and E-Business Suite.

Training 452

Training Report Analytics Resources 452

PYMNTS

MARCH 23, 2017

based reporters during the dark days of Watergate more than 40 years ago. Some of money has been returned, to the tune of about $15 million, after having been traced through a laundering operation that wound its way through the Philippines via casinos and some enterprises. Acting not against individuals, but another nation?

National 103

National New York System Operations 103