PYMNTS

FEBRUARY 25, 2020

Retailers are facing a personalization paradox. Fifty-three percent of consumers want retailers to respect their anonymity in 2020; at the same time 61 percent want more personalization in marketing, messaging and promotions. That transaction has spawned major regulations in the European Union (GDPR) and California (CCPA).

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Retail social media Study Security 202

PYMNTS

DECEMBER 16, 2020

In today’s top payments news around the world, IBM has bought Canada-based Expertus Technologies, while Gojek is rolling out its new GoBiz Plus point-of-sale (POS) offering. The technology, which is a collaboration with PT Bank Central Asia, functions as a supplement to the GoBiz retailer super app.

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Technology System social media Payments 240

PYMNTS

OCTOBER 28, 2020

"What I enjoy most is helping our customers thrive in this rapidly changing world and helping them realize their vision in a way that simplifies the adoption of new technology — capabilities that can unleash their innovation in the digital economy," said Craig Muzilla, senior vice president of Red Hat. A Permanent Shift for Payments.

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Technology United States Innovation Video 182

PYMNTS

MAY 16, 2019

Jack Ma, the Chinese billionaire and founder of Alibaba, expressed concerns technology companies will be harmed by increased regulation coming out of Europe. With lawmakers and regulators around the world clamping down on technology companies, the European Union has become one of the fiercest critics of tech companies.

Regulation 166

Regulation Innovation Guidelines Conference 166

PYMNTS

APRIL 16, 2019

Recently, some developers in the IoT space have been exploring the use of blockchain technology to secure connected devices, and bring transparency to transactions and data collection. Another recently introduced piece of legislation aims to protect individuals by regulating facial-recognition cameras. About the Tracker.

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Regulation Data Nevada blockchain 204

PYMNTS

JULY 23, 2020

The stores operate like warehouse clubs, serving independent retailers and other small businesses. Under India’s regulations, Walmart cannot sell directly to consumers through its websites or open supercenters. Under India’s regulations, Walmart cannot sell directly to consumers through its websites or open supercenters.

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Retail Leadership Groups Operations 130

PYMNTS

FEBRUARY 7, 2019

Tightening regulations have introduced loftier compliance burdens to global supply chains, made even more complex and challenging as companies do business with thousands of vendors across borders. food retail market with the adoption of the Food Safety Modernization Act (FSMA), introduced by legislators in 2009 and signed into law in 2011.

Compliance 164

Compliance Retail blockchain Regulation 164

PYMNTS

DECEMBER 28, 2020

Large Chinese companies, including Alibaba and rivals Tencent , food delivery giant Meituan and retailer JD.com , have lost almost $200 billion in Hong Kong since regulators announced last week that they were investigating Alibaba's reported monopolistic practices, according to Bloomberg. Regulators on Sunday (Dec.

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Regulation Google Report Capital 141

PYMNTS

JANUARY 15, 2021

To get a bit more granular, in an interpretive letter , the OCC said that regulated financial institutions (FIs) can participate in independent node verification networks (INVN for short – namely, a blockchain network). What's the technology that it runs on top of it?’” Many of the questions are around, ‘how does USDC work?

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Regulation US Payments Compliance 253

PYMNTS

JULY 1, 2020

Keeping up with customers’ shifting behaviors and preferences amid changing regulations is a familiar challenge for today’s small- to medium-sized businesses (SMBs), but the pandemic’s impact on the scale of digital payments has steepened the learning curve for these merchants. Examining SMBs’ Regulatory Struggles. are experiencing.

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Regulation Payments Study Online 160

PYMNTS

JUNE 2, 2020

The list of positive retail brand attributes goes on and on, but one new post-pandemic value has become more important than all the others: cleanliness. Example: Ted Gallagher is vice president and partner at Environmental Hazards Control , a Lancaster, Pennsylvania-based company that disinfects retail locations and other business facilities.

Retail 141

Retail Las Vegas Branding Pennsylvania 141

PYMNTS

MARCH 30, 2020

Retailers are dutifully speaking with their payment service providers (PSPs) and industry partners to adhere to these shifts, but they must also keep their customers’ experiences in mind. retailer trade group, Retail Industry Leaders Association ( RILA ), told PYMNTS in a recent interview. Retailers And Data’s Role .

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United States Retail Customer Experience Data 131

PYMNTS

JULY 12, 2019

Trends in legal cannabis retail are just now emerging, and fresh numbers from Colorado are providing insight into how the industry is evolving. Other figures also point to how much consumers are spending on legal retail pot. Legal retail cannabis may be spreading throughout the U.S., Companies also have made more than $6.5

Retail 154

Retail Colorado Regulation Compliance 154

Abrigo

DECEMBER 5, 2023

AML Compliance Ten qualities of a successful BSA officer Hiring a Bank Secrecy Act (BSA) Officer for a financial institution involves looking for a unique experience level and skillset that ensures compliance with the BSA and related regulations. But what makes an exceptional BSA Officer?

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Training Compliance Regulation Software 221

Gonzobanker

JANUARY 4, 2023

Back in the day, when I was the CIO of a bank, we had a Technology Plan. It was a single document that had every aspect of the bank’s technology goals for the year – hardware, software, vendors, projects (all led by information technology, or IT, by the way) – the entire bank IT budget. John Brunner.

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Technology System Software Groups 78

PYMNTS

NOVEMBER 9, 2018

The ascent of eCommerce and the digital tools that support it have made it easier — in both theory and practice — for retailers to not only see how consumers browse and what they buy (to analyze the entire path to purchase), but to get to know them in the same ways as those old-time general store operators who served small towns.

Innovation 174

Innovation Retail Maine Security 174

PYMNTS

MAY 18, 2016

In a 405-page document by the United Kingdom’s Competition and Markets Authority (CMA), a number of proposals came to light that would encourage more competition and reform in retail banking. Among the proposals: new online comparison tools and also better knowledge about switching costs and monthly maximum charges tied to overdrafts.

Retail 100

Retail Regulation Comparison Tools 100

PYMNTS

JULY 24, 2019

The Justice Department is right to be looking into Amazon’s practices as part of its antitrust review of big technology companies, Treasury Secretary Steven Mnuchin said Wednesday (July 24). . “I A broad antitrust review of big technology companies was announced by the Justice Department on Tuesday (July 23).

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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

MAY 24, 2018

Some of the biggest banks in Europe are urging regulators to increase oversight of large technology companies that are moving into the financial services market. technology companies will choose to go only after the best parts of the financial services market. The magic word here is wallet.

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Regulation Company Data Marketing 139

PYMNTS

DECEMBER 6, 2018

Wells Fargo has revealed that it is firing around three dozen district managers due to the retail banking scandal that happened more than two years ago. Earlier this year, the bank was hit by another scandal involving its wealth management business , opening up more investigations by federal regulators. .

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Management Retail Regulation Resources 124

PYMNTS

AUGUST 5, 2019

Connected and self-driving cars and truck stand as some of the next big frontiers when it comes to retail and retail innovation, but challenges to that future — real and potential problems that could slow down progress when it comes to autonomous vehicles — are increasing appearing on the horizon. New Timetable. The immediate goal?

Retail 144

Retail New York Detroit Technology 144

PYMNTS

SEPTEMBER 3, 2019

eCommerce firms are navigating a tax collection environment that increasingly requires technology and automation to ensure compliance. And, in retail, The North Face is offering outdoorsy experiential retail in the city, while PUMA brought its first-ever North American flagship store to New York. eCommerce sales in 2020.

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Taxes South Dakota Technology New York 122

Perficient

DECEMBER 22, 2023

Looking Forward The OCC maintains a technology-neutral stance and supports continuing efforts by national banks and federal savings associations to explore safe and sound uses of new and emerging financial technology such as AI.

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Risk Management Compliance Fraud Regulation 221

BankInovation

JANUARY 19, 2022

SoFi Technologies Inc., The online lending platform acquired Golden Pacific Bank as a path to getting the full-fledged banking license, the regulator said in a statement on Tuesday. […]. the financial firm led by former Twitter Inc. banking charter.

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Regulation Lending Online Technology 96

PYMNTS

SEPTEMBER 9, 2020

Caught somewhere in the middle is a category that has had a tough run this lost summer of 2020: bridal retailers. A minimony , as the name suggests, is hardly as lucrative as its bigger cousin, matrimony – and that difference has taken a bite out of bridal retail. Smaller retailers are focused on safety as well as agility.

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Retail Los Angeles Guidelines Video 134

PYMNTS

MARCH 22, 2019

In such scenarios, the convenience offered by eCommerce sites falls short while on-the-ground retail wins the day. Unattended retail solutions are well-suited to providing items like convenience goods, over-the-counter healthcare products or consumer electronics to passersby in high-traffic areas, Smith said.

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Retail Branding System Data 116

PYMNTS

DECEMBER 17, 2019

Separate research indicates that 51 percent of holiday shoppers will hold their FIs, payment processors and retailers responsible if they experience fraud. The Technology Gap That Fosters Fraudsters. The unfortunate truth is that fraudsters also rely on technological prowess to launch attacks against challenger FIs.

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Technology Fraud Data Security 142

Insights on Business

JULY 11, 2018

Technological innovation is a reality that is impacting every facet of society. Technological innovation is a reality that is impacting every facet of society. No area of human endeavour from retail, to transportation, to banking has not seen some form of disruptive technology replace the long-established modus operandi.

Technology 185

Technology Innovation Operations Compliance 185

PYMNTS

SEPTEMBER 18, 2017

The credit bureaus were included in the CFPB’s scope of oversight in 2012, and she’s asked the agency to let her know what additional power it might need to better regulate the credit reporting agencies going forward. That business was called The Retail Credit Corporation. Senator Elizabeth Warren (D – Mass.)

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Report Regulation Data Retail 202

PYMNTS

JANUARY 26, 2018

Sometimes eCommerce retailers need to verify a customer’s identity at checkout, but the authentication process often leads to lost sales. Customers are more inclined to go through with a purchase when retailers use alternate authentication methods. The technology is also becoming more widespread — and accurate. Time Is Right.

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Regulation Examples Retail Online 167

PYMNTS

DECEMBER 12, 2019

The China Securities Regulatory Commission , China’s security watchdog, is setting up a technology regulation bureau and will announce Yao Qian as its new department chief, the Chinese business publication Caijing said on Wednesday (Dec. 11), as reported by Coindesk. It would then use the information to recommend products.

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Bitcoin Fraud Regulation social media 131

PYMNTS

SEPTEMBER 20, 2018

However, keeping track of data in a way that enables secure storage, efficient access and analysis, compliance with regulations and — ultimately — its profitable use is quite another topic. Those two extremes come together in a rising technology called multi-variant tokenization. Retail Use Case. Simplicity From Complexity.

Retail 129

Retail Data Compliance Security 129

PYMNTS

JANUARY 2, 2020

The finance ministry in India passed a new regulation saying that companies with sales of more than ?50 The new regulation went into effect on Jan. 50 crores (about $7 million) will have to offer customers electronic payment modes like debit cards, powered by RuPay, according to a report by LiveMint. .

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Cards blockchain Retail Cyber Security 130

PYMNTS

MARCH 16, 2018

Ever since 2013, when Amazon CEO Jeff Bezos said the eCommerce giant was working on a 30-minute drone delivery program called Prime Air, people have been saying that delivery is the big retail use case for drone technology. Domino’s furthered the point by delivering a pizza by drone in 2016. Patent and Trademark Office.

Retail 151

Retail Technology Survey Course 151

PYMNTS

FEBRUARY 14, 2019

From 7-Eleven to H&M , retailers are adopting digital payments and artificial intelligence (AI) technology to bring more convenient experiences to their customers. And retailers with brick-and-mortar locations in North America are starting to accept Chinese mobile payment systems.

Retail 129

Retail Online Payments United States 129

PYMNTS

DECEMBER 9, 2019

Also, as big tech moves into the financial services industry, regulators call for more “vigilant monitoring” of its data use. Regulators Call for ‘Vigilant Monitoring’ of Big Tech’s Financial Data Use. And the places to look for today’s big disruptors are not the technology that is making the loudest bangs.

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Regulation Data Apple Payments 131