PYMNTS

JANUARY 15, 2019

“The problem we continue to see are these services operating in total isolation to one another, which often means the corporate is faced with exposure to security, greater risk and complexity in day-to-day operations,” he said in a statement. ” Beringea, based in both the U.K. and U.S., In 2017, it co-led a $15.2

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PYMNTS

OCTOBER 14, 2020

Retailers therefore have to determine the number of speed bumps their customers are willing to put up with as well as the special features they can offer to encourage shoppers to overlook these minor inconveniences. . If we suspect a risk, we have a lot more longitudinal data that we can look at to use in an investigation for our customers.

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PYMNTS

NOVEMBER 18, 2019

18) that it has secured a distributor license from California, bringing it one step closer to bringing its first electric SUV, Byton M-Byte, to the United States. With a traditionally very critical European audience and many great cars from established manufacturers surrounding us, this makes us particularly proud.

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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. We are cautiously optimistic,” said Jo Hall, Toys R Us chief commercial officer for Greater China and Southeast Asia. “We This follows Toys R Us shuttering all of its U.S.

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Accenture

AUGUST 20, 2019

Each quarter, Ryan Douglas from the Card Issuing group compiles key metrics on US consumer credit cards, tracking spend, receivables, loss rates and returns reported by the largest US banks. American Express and US Bank led all issuers in receivables growth with YoY increases of over 8.5 Key themes. Notable happenings.

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PYMNTS

MARCH 16, 2017

Commerce Department posted the lowest growth in retail sales seen in the past six months on Wednesday (March 15). percent in the second month of 2017, while only four of the 13 major retail categories included in the department’s numbers saw growth during the month of February. from nonstore retailers ) rose considerably, up 1.2

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Independent Banker

OCTOBER 31, 2022

ITMs and VTMs are popular retail banking innovations among community banks. What’s on the horizon for retail banking? According to a new report from PwC titled “Retail Banking 2025 and Beyond” (see sidebar), the retail banking industry is undergoing tremendous change—but, of course, community bankers already know that.

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Banking Trends Retail Trends Community Bank 151

Accenture

MAY 30, 2019

Each quarter, Ryan Douglas from the Card Issuing group compiles key metrics on US consumer credit cards, tracking spend, receivables, loss rates and returns reported by the largest US banks. Stay tuned for next quarter’s report on US consumer credit card trends. Retail Card, Payment Solutions, and CareCredit).

Cards 158

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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.

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PYMNTS

JUNE 12, 2019

One example in retail and payments is tech incubators — specifically, those run by specific companies and brands, a trend that shows signs of growing even more in the 2020s (which, let us remind you, are only a few months away). The basic idea behind LISNR is to send data securely via audio. That’s the tech part.

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PYMNTS

JANUARY 20, 2020

Never underestimate the value of the “Contact Us” form that every merchant and service provider places somewhere on its website — because no one knows who is going to end up on the other side of it. Millennials were still a pretty small percentage of retail spend in 2015,” Molnar said. Seeing The Early Shift .

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PYMNTS

MARCH 21, 2018

While Toys R Us said that it would try to honor its payments to suppliers and lenders, over 50 suppliers, such as Lego and Mattel , are not happy with the company’s current bankruptcy proceedings — at least in some form. The retailer could conceivably sell the inventory and use the money to pay bankruptcy lawyers as well as secured lenders.

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US Retail Examples Report 118

Bank Innovation

NOVEMBER 16, 2017

EXCLUSIVE -Fintech startup Token has inked a major partnership with payment processor Marqeta and Mastercard that tremendously expands its reach in the online retail space, just in time for the holidays. “By By partnering with Marqeta and Mastercard, it opens us (Token) to almost every merchant that uses Mastercard.

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PYMNTS

MARCH 18, 2020

For most retailers, this virus thing is starting to hurt. Retailers are now in full-on battle mode,” said Jefferies Analyst Randal Konik , who foresees a 90 percent to 100 percent drop in mall traffic. For retailers, this is now about near-term survival.”. “For For retailers, this is now about near-term survival.”.

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PYMNTS

MAY 8, 2020

It’s an opportunity to rethink our lifestyles: what works for us and what needs change,” she said in a statement on her website. “At Dispatching one of New York’s elite styling teams exemplifies the new face of “ clienteling ,” the retail practice of assigning sales associates to individual, high-value customers.

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Retail New York City Branding New York 151

PYMNTS

JULY 9, 2019

Automated retail might conjure up images of robot cashiers, but beyond a few convenience stores in Japan and Korea, that sci-fi development hasn’t yet become reality for the wider world. The latest Automated Retail Tracker explores these trends and new developments in the unattended retail space.

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PYMNTS

JULY 20, 2018

Toys R Us has come to a settlement agreement with some groups of creditors, including vendors, to resolve its disputes related to its bankruptcy proceedings. The toy retailer was seeking approval to stop over $450 million in payments to suppliers. Crayola’s attorneys alleged that Toys R Us was “well aware that their U.S.

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US Retail Groups Security 100

PYMNTS

FEBRUARY 17, 2020

Dallas-based busing line Greyhound is all too familiar with such problems, prompting it to implement advanced learning technologies to secure ticketing. Our number one goal was making sure that process was as frictionless as possible while making sure that we [offered] a fully secure process.”.

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Security Tools Fraud System 141

PYMNTS

FEBRUARY 21, 2019

That said, IoT device creators and consumers are looking at IoT security with a higher level of scrutiny. In the February Intelligence of Things Tracker , PYMNTS examines how countries, developers and consumers are responding to increased calls for security, as well as how the IoT market is growing worldwide. Around the IoT World.

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Security Data Conference Regional 180

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.

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Security Capital Retail Regional 130

PYMNTS

JANUARY 11, 2021

Today in B2B payments, the SBA releases guidance for the next round of PPP loans, while xSuite secures Peppol invoice certification. Goldiam International Debuts B2B Website for US Retail Jewelry. retail jewelry industry. SBA Unveils Guidance for Second Round of PPP Loans.

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Security System Guidelines Retail 139

Bank Innovation

JANUARY 30, 2020

merchants and consumers believe in quick transactions at the point of sale, a Hanover Research survey commissioned by payments tech companies Ingenico and FreedomPay this month suggests consumers have lingering questions about the security of contactless payments. The study queried 350 merchants and 1,350 consumers in the U.S.

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US Payments Study Survey 221

PYMNTS

MAY 20, 2020

The last several weeks have certainly made for unexpected and unprecedented times for consumers and all players in the retail ecosystem and left a lot of businesses standing at a crossroads as they face the back half of 2020 and questions about what to do next. For us, the part that we have to keep always in sight is the human component.

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Retail Branding Innovation US 189

The Paypers

DECEMBER 12, 2023

Chipper Cash has secured 40 money transmitter licences across all US states for both retail and business customers, for domestic and international money transfers.

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US Retail Security 36

PYMNTS

SEPTEMBER 27, 2017

Toys“R”Us has just managed to secure $3.1 billion in financing, a big vote of investor confidence for the toy and game retail brand which had recently declared bankruptcy. Toys“R”Us officially filed for Chapter 11 bankruptcy on Sept.

US 115

US New York City New York Leadership 115

Cisco

NOVEMBER 16, 2020

Ways to leverage IoT sensors, and networking & security solutions for remote work & branch ATMs. Secure and compliant remote work enablement. Aligning employee video conferencing and collaboration use with your security, risk, and compliance requirements. Build together the Secure Retail Bank of the Future.

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Security Compliance Video ATM 138

PYMNTS

NOVEMBER 8, 2017

Ongoing struggles for toy retailer Toys R Us are peeling back the curtain on the risks of supply chain finance , some experts say. 7) reports in the Financial Times said the delicate balance of payments through the supply chain led to what Toys R Us called a “dangerous game of dominoes.” Toys R Us secured $3.1

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US Retail Analysis America 109

PYMNTS

NOVEMBER 24, 2020

But top industry experts told Karen Webster during PYMNTS’ latest “On The Agenda” panel that the hurdles for retailers are only beginning. He said the shipping infrastructure nearly buckled earlier this year, and retailers are now being highly conservative when it comes to managing deliveries. “We

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Retail Examples Payments Meeting 251

PYMNTS

MAY 28, 2020

But when it comes to the digital customer experience, retailers are playing catch-up. The issue is critical as retailers either move online or put more effort behind their eCommerce capabilities. User experience, seamless checkout, payment process, chat and security are just a few that need to be buttoned up.

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Retail Customer Experience social media User Experience 144

PYMNTS

AUGUST 12, 2019

Subscription commerce is attractive to entertainment platforms as well as retail businesses because it locks in revenue streams, and customer data can help with planning and forecasting. What Security Means For Subscriptions. Traditionally, online retailers receive and process credit card information upon each transaction.

Retail 118

Retail Video Security Software 118

PYMNTS

JANUARY 24, 2020

The Department of Homeland Security (DHS) is planning to release a report on Friday (Jan. is moving to get tough on the sale of counterfeit merchandise online, notifying eCommerce marketplaces and warehouses that they will get hit with fines if they don’t pull knockoffs out of circulation, The Wall Street Journal reported. .

US 162

US Online Report Security 162

PYMNTS

DECEMBER 18, 2018

As retailers, payments providers and consumers prepare for the coming 5G world, there remain concerns about how well that mobile network technology will protect consumer privacy and security. 5G Security Holes? As well, the 21-page report found that 5G “security goals are underspecified,” among other problems.

Security 143

Security Mobile Technology Cyber Security 143

PYMNTS

DECEMBER 16, 2020

Amid the great digital shift , retailers and financial institutions (FIs) must walk the fine line between challenging transactions and letting the consumer journey proceed frictionless. The big question could be: ‘Could that put us over a billion in the U.S. The Scope Of The Problem. And that’s a big number,” he told the panel.

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PYMNTS

AUGUST 12, 2020

Securities and Exchange Commission (SEC) on Monday (Aug. investors gives us confidence to proceed with the IPO plan despite the impending crackdown by U.S. ” Lufax , which hopes to raise $3 billion with its IPO, has shifted away from peer-to-peer lending to focus on wealth management and retail lending. .

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US United States Lending Regulation 147

PYMNTS

SEPTEMBER 19, 2017

The retail death spiral drags on, and this week we have a new victim: Toys “R” Us. As of now, the approximately 1,600 Toys “R” Us and Babies “R” Us brick-and-mortar retail locations around the world will continue to operate as usual. The eponymous toy store has filed for Chapter 11 bankruptcy protection as of Sept.

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US Retail Customer Experience National 103

PYMNTS

AUGUST 13, 2019

You can probably tell by the happy looks on all the children’s faces, but in case not — back-to-school season is upon us. Not only is it a big time for retail but, in a sense, a kind of dress rehearsal for the upcoming all all-important holiday shopping season. Retail back-to-school spending for families will hit an average of $696.70

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Retail Innovation Course Trends 127

PYMNTS

FEBRUARY 28, 2017

According to a new report from content delivery network and web security firm Akami Technologies Inc., cyberattacks against retailers were on the decline in the fourth quarter of 2016, though that doesn’t mean retailers were free from major security events during the holiday season. Here are some of the key findings.

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