PYMNTS

MARCH 25, 2019

Thus, IoT security is becoming an essential part of modern conversations. Department of Homeland Security (DHS) and data security and privacy practice chair of D.C.-based A lot of the devices we’re talking about have no security. They weren’t built with security in mind, and there really isn’t any way to patch them.”.

Security 205

Security Data Regulation Washington 205

PYMNTS

JUNE 10, 2020

Indonesian wholesale eCommerce market Ula has announced that it has secured $10.5 The company was formed by Nipul Mehra, who is a former FlipKart senior director of retail and a former investor at Sequoia India. million in a new seed funding round, according to an e27 report. The round was led by Sequoia India and Lightspeed India.

Security 130

Security Capital Retail Regional 130

Gonzobanker

NOVEMBER 26, 2018

Rapid consolidation in the banking industry is creating a growing band of regional banks that find themselves stuck in a solution provider market that isn’t fully capable of serving them. FIS has captured a dominant share in the regional banking space with its IBS core platform (formerly Metavante).

Regional 93

Regional Strategy Technology Innovation 93

Payments Source

JULY 26, 2017

The new Explore Visa card is seen as a "bridge" to more traditional banking services, said Regions' head of retail products and payments.

Regional 61

Regional Cards Security Retail 61

PYMNTS

MARCH 1, 2019

Cybersecurity returned to the top of the B2B startup investment list as three companies in the enterprise security realm landed nearly half of the $246 million in B2B venture capital this week. Cequence Security. Also operating in the enterprise security space is Cequence Security, based in California. Contrast Security.

Security 189

Security Capital Analytics Software 189

PYMNTS

MARCH 31, 2017

Global online discount apparel marketplace ZAFUL, based in China, recently announced new upgrades to its payment protocols and SSL checkouts to boost the security of its eCommerce system and grow confidentiality for its individual shoppers. In Brazil, paying in installments is a standard practice for physical and online retailers alike.

Security 100

Security Payments Regional Online 100

PYMNTS

JULY 5, 2020

The Indonesian eCommerce retailer backed by SoftBank Group Corp. ’s the Chinese multinational technology company specializing in eCommerce, retail, Internet, and technology, led a $1.1 Bloomberg reported America’s largest internet corporations are eyeing Asia where the region is exploding with smartphones and tech-savvy residents.

Google 264

Google Regional Retail Groups 264

PYMNTS

DECEMBER 17, 2020

Digital fraud is a long-running problem for merchants, retailers, banks and businesses of all types. United Kingdom retailers saw the equivalent of €706 million ($827 million) in card fraud losses in 2019, for example, and the pandemic is expected to add to these woes as it pushes more retail shopping online.

Fraud 255

Fraud Online Retail Examples 255

PYMNTS

JULY 1, 2020

billion non-cash goodwill charge before tax, as the retailer’s long-haul forecast and market capitalization shifted, mainly due to the coronavirus health crisis. The department store retailer also recognized an $80 million long-lived asset impairment charge, according to a first-quarter financial results announcement. Macy’s Inc.

Taxes 232

Taxes Retail Maine Regional 232

PYMNTS

JUNE 2, 2018

The phrase is also a familiar refrain in retail — sung by retailers when disappointing results come at the same time as a streak of unusual and unseasonable (aka lousy) weather. In Q1 of 2018, the cooler than usual spring/summer contributed to retailers posting less than stellar sales. divisions, and nineteen regions.

Retail 101

Retail Washington Regional Report 101

PYMNTS

SEPTEMBER 17, 2020

Securities and Exchange Commission ( SEC ) filed an “emergency action” against former NS8 Inc. which is based in Nevada, purportedly provides online retailers with fraud detection and prevention technology, according to the statement. Its complaint charges Rogas with going against the anti-fraud parts of federal securities regulations.

Nevada 253

Nevada Denver Fraud Security 253

PYMNTS

JULY 28, 2019

Initial coin offering (ICO) consultant CoinLaunch will pay $50,000 to settle with the Ontario Securities Commission (OSC). According to the regulator’s website , CoinLaunch was consulted on two ICOs, with both determined to be securities. As a result, CoinLaunch has agreed to pay a $50,000 fine.

Bitcoin 100

Bitcoin Security United States cryptocurrency 100

PYMNTS

MAY 8, 2020

Samsung introduced its payments tool in 2015 with MST (Magnetic Secure Transmission) technology as well as Near Field Communication (NFC), a newer technology. By early 2019, Samsung Pay’s international presence grew to six global regions. has seen slow adoption compared to other regions. That number was about 25 percent for U.S.

Samsung 230

Samsung Management Cards Regional 230

PYMNTS

SEPTEMBER 18, 2019

Opolis is offering the best solution we’ve seen yet that can provide the security and benefits usually restricted to traditional workplaces,” said Richard Brow, head of Community Development for MakerDAO, according to Coin Desk. Maker is looking forward to seeing how Dai can help de-risk this emerging workforce.”.

blockchain 109

blockchain Security Los Angeles Bitcoin 109

PYMNTS

MARCH 29, 2017

and a last-minute challenger bid , Amazon has closed an acquisition deal to buy 100 percent Dubai-based online retailer Souq.com. The online retailer generates some 50 million monthly visits from its customer base in seven countries, including Saudi Arabia, Kuwait and Egypt. It’s official. After months of will they? won’t they?

Security 100

Security Retail Regional Online 100

PYMNTS

DECEMBER 30, 2016

This year has been big for retail — big on change, innovation and some surprises along the way. Consumers flocked to online and mobile commerce , robots rose in food and consumer goods , and brick-and-mortar stayed relevant with retail experimentation — pop – ups , flash sales , store-in-store and showrooms.

Retail 123

Retail Online Customer Experience Trends 123

South State Correspondent

FEBRUARY 20, 2023

Further, the competition is not just another bank that might make a loan or take a deposit, but it could be a credit union, insurance company, retail store, or a fintech. Traditionally, community banks would compare their financial performance and health to similar-sized banks in their region.

National 195

National Lending How To Community Bank 195

PYMNTS

MAY 21, 2020

As politicians across the globe grapple with the pandemic’s continued economic fallout and the need to get stimulus funds to individuals, corporations and even local governments with speed and security, digital delivery of those dollars is likely to gain increasing traction. However, a retail CBDC accessible to all would be a game-changer.

United States 244

United States Regional cryptocurrency Retail 244

PYMNTS

FEBRUARY 9, 2018

The security of the technology is a major concern, he said, with reports of people losing their secret keys or huge chunks of their crypto funds. Gobaud predicts that data commerce will become a reality as businesses look for ways to buy and sell data in a fast, secure way – and he believes that blockchain will be the way to do that.

blockchain 141

blockchain Security cryptocurrency Bitcoin 141

PYMNTS

SEPTEMBER 29, 2020

Consumers around the globe have moved their purchasing online during the pandemic, and those in the Middle East and North Africa (MENA) region are no exception. The region’s financial institutions (FIs) and merchants have needed to work swiftly to support unprecedented levels of digital payment and shopping growth. under the GDPR.

Payments 172

Payments Regulation Online Retail 172

PYMNTS

MAY 10, 2016

But, of course, no two consumers are exactly alike – especially when comparing consumers across different regions of the world. ” He added that in 2016, roughly a quarter of European banking revenue (€128B) will come from retail payments. Consumers need reassurance that mobile is secure.

Regional 100

Regional Payments Study Cards 100

PYMNTS

NOVEMBER 1, 2017

Most of those gains, however, were lost later in the day following Mastercard’s separate announcement of a potential regulatory fine from the European Commission over its inter-regional interchange fees. “As the world becomes more connected, we remain very focused on security. “Safety and security is a key priority.”

Retail 112

Retail Cards Security Branding 112

PYMNTS

JULY 16, 2019

Banks are innovating their application programming interface (API) platforms to allow for more third parties, while online merchants are prepping for a potential loss in revenue due to the security frictions that SCA might bring. These extensions will only be granted to a select few retailers, however. About the Tracker.

Strategy 188

Strategy social media Regulation Retail 188

PYMNTS

SEPTEMBER 29, 2020

is in talks for as much as a $25 billion stake in a Mumbai, India conglomerate that is planning to launch a “ super app ” designed to offer a mega selection of retail products, sources told Mint. Walmart Inc. In May, Tata Capital, a division of Tata Group, introduced a mobile app that promised a better user experience for getting loans.

Groups 199

Groups User Experience Capital Retail 199

PYMNTS

JULY 3, 2020

Initially, people were thinking about open banking with a focus on benefits for retail only,” Stefano Vaccino , CEO of open banking FinTech Yapily , said in a recent interview with PYMNTS. and the EU have similar legislation mandating open banking for their respective regions’ financial industries. Both the U.K.

Payments 278

Payments Data Regional Software 278

PYMNTS

SEPTEMBER 28, 2020

One area where the pandemic may significantly impact emerging data protection and open banking rules is the Middle East and North African region (MENA). The ongoing pandemic has caused many regulators in the MENA region to examine the digital and open banking infrastructure they have in place. Around The Data Protection World.

Online 151

Online Report Payments Regulation 151

PYMNTS

DECEMBER 9, 2020

MyXchange makes it simple for every money transfer organization (MTO) to operate a safe crypto-fiat exchange that includes complete KYC, liquidity, fiat (US Dollar, Indian Rupee) on-off ramps, AML and wallet security, according to the Medium post.

blockchain 175

blockchain Security cryptocurrency Regional 175

PYMNTS

SEPTEMBER 15, 2020

But as to what a CBDC might look like in the eurozone, ECB executive board member Yves Mersch said a speech earlier this year that retail central bank digital currency (CBDC) is a game-changer and that retail CBDCs would be a “main focus.”

Boston 227

Boston Retail Meeting Maine 227

PYMNTS

JANUARY 7, 2019

While Toys R Us has disappeared from the United States, it is going strong in Asia, which plans to open 60 new stores throughout the region this year. It currently operates more than 550 stores in the region. “We We are cautiously optimistic,” said Jo Hall, Toys R Us chief commercial officer for Greater China and Southeast Asia.

US 149

US United States Regional Operations 149

PYMNTS

JANUARY 9, 2020

Chip cards have been heralded for their improved functionality and security, but they have still failed to address critical authentication problems, leaving retailers to bear the brunt of these vulnerabilities. Europe was the first region to adopt EMV technology, and sees a transaction rate of more than 99 percent. and Europe.

Fraud 131

Fraud Cards Retail Security 131

PYMNTS

AUGUST 6, 2020

Consumers value seamless, personalized checkout experiences, which means retailers who wish to earn their business must accommodate their various preferred payment methods. These include everything from transaction success rates to currency exchange rates to local or regional security regulations.

Report 159

Report UX Regional Retail 159

PYMNTS

SEPTEMBER 22, 2020

There’s arguably no more polarizing macroeconomic issue in the retail world than the fate of the American mall. The problems start with how retailers view and serve the customer. It was an amalgamation of numerous challenges, either ignored or wrongly addressed, that has led to the question of relevance plaguing the industry today.

Philadelphia 206

Philadelphia Retail DC Detroit 206

PYMNTS

NOVEMBER 6, 2020

Walmart is leaving Argentina, announcing a deal to sell its stores there to a regional grocery chain amid an economic crisis that is gripping the South American country. Walmart, the world’s largest brick-and-mortar retailer, announced Friday (Nov. Walmart, the world’s largest brick-and-mortar retailer, announced Friday (Nov.

Retail 152

Retail Taxes Regional Operations 152

PYMNTS

JANUARY 19, 2021

With so many retail stores closing, they need to be able to provide a way to sell D2C wherever those consumers are online.”. That’s especially urgent, he said, given the increased eCommerce Scalefast is seeing in corridors connecting firms and customers in North America and Europe, in Latin America and the Asia-Pacific (APAC) region.

Branding 322

Branding Taxes Fraud Regulation 322

PYMNTS

DECEMBER 27, 2018

From a custom microwave to new and improved Echo buttons, to a line of smart houses that come built from the ground up with Alexa-controlled systems (think Wi-Fi, home security, doorbell and light), and an appointment with an Amazon Expert to customize the smart home experience and offer activation support, Alexa was on the go in 2018.

Retail 123

Retail Online Cards United States 123

PYMNTS

SEPTEMBER 29, 2020

But, as Shoihet said, these firms account for roughly 50 percent of trade volume in the LATAM region. The other 50 percent, he said, comes from the SMBs that are being overlooked by the traditional financial services community, he told PYMNTS — and who create a majority of jobs in the region. trillion globally, according to Shoihet.

United States 286

United States Regional America Trends 286

PYMNTS

JULY 24, 2020

These marketplaces need to have strong security approaches in place, however, to ensure they do not accidentally onboard any fraudulent sellers or let other scams be perpetrated across their platforms. Beauty retailer Sephora , meanwhile, is renewing emphasis on China by deploying a localized eCommerce presence.

Compliance 152

Compliance Report Payments Security 152