PYMNTS

NOVEMBER 20, 2017

He didn’t think much of math and science — rather unusual given his choice of a profession that uses complicated math formulas to communicate. Accomplished public intellectual and post-Keynesian economist John Kenneth Galbraith was well-known for four things. His economic principles were what inspired President Lyndon B.

Retail 54

Retail Math Leverage Economics 54

PYMNTS

JUNE 16, 2020

With respect to Apple Pay, the EU wants to determine whether Apple is violating rules by limiting access other firms have to its Near Field Communication (NFC) functionality. Overall, PYMNTS found that Apple Pay accounted for only about 1.1 percent of all retail and food services sales excluding online and auto.

Compliance 90

Compliance Communication Leverage Sales 90

PYMNTS

OCTOBER 3, 2020

They whip out their phone, navigate to a brand’s Facebook page or Twitter account and log their complaint. “We Daniel Schröder, marketing director at Burger King Sweden and Denmark, told Adweek that the new social media push grew out of an effort to fix the chain’s own online communications with guests. We waited two hours in McDrive!"

Marketing 121

Marketing Communication Leverage Numbers 121

PYMNTS

FEBRUARY 21, 2018

Even traditionally offline retailers such as Walmart have to expand their omnichannel offerings to reach consumers. The retailer’s innovations come as 55 percent of customers shop both in-store and online, according to the PYMNTS Omni Usage Index. The pictures can be taken directly from the app or uploaded from the phone’s camera.

Retail 42

Retail Communication Leverage eCommerce 42

PYMNTS

JANUARY 13, 2021

This is critical in areas like accounts payable and accounts receivable, in which paper-based purchase orders and invoices can not only demand significant amounts of time to process, but can also be quite expensive, according to Sundelin. that have the leverage to require EDI adoption from their supplier base.

Invoicing 56

Invoicing Accounts Payable B2B Communication 56

PYMNTS

SEPTEMBER 14, 2020

Recent reporting stated that retailers contest only 25 percent of friendly fraud incidents, for example, which results in a multitude of customers undeservedly winning these cases. Retailers suffer significantly from friendly fraud, reportedly losing $35 billion to such issues in fiscal year 2019 alone. The Cost Of Undue Chargebacks.

SAP 70

SAP Retail Banking Communication 70

PYMNTS

FEBRUARY 8, 2018

According to a press release , Fit Pay said the new device will enable cryptocurrency holders to use their digital coins to pay for goods at retail locations. Flip is a very convenient way to use cryptocurrency value to make retail transactions,” said Michael Orlando, COO of NXT-ID and president of Fit Pay , in the press release.

Currencies 61

Currencies Communication Leverage Retail 61

PYMNTS

DECEMBER 26, 2019

These bad actors are leveraging numerous methods — including false mobile apps, loyalty and reward schemes, ATOs, phishing and phone scams — to find and exploit security flaws. Digital fraud rose 30 percent in Q3 2019, with one out of every five new accounts revealed to be illegitimate.

Securities 52

Securities Retail Communication Leverage 52

PYMNTS

DECEMBER 28, 2020

A survey from September found that 54 percent of Americans desired contactless ways to open new financial accounts or access existing ones, and new ATMs could be perfectly suited to such requests. Developments From The World Of Digital-First Banking. Deep Dive: How The Events Of 2020 Will Affect The Future Of Digital-First Banking.

Banking 73

Banking Communication Leverage Retail 73

PYMNTS

JANUARY 1, 2021

Whether it's wardrobe, diet, transportation, communications, office space, work hours or more, it’s widely acknowledged that work is going to a mix of the old and the new. And by most accounts, that’s not going to stop in 2021. The Digital Shift.

Transportation 113

Transportation Retail Communication Planning 113

PYMNTS

JANUARY 2, 2019

ACI Worldwide Head of Real-Time Payments Craig Ramsey said in the announcement, “Effectively leveraging the richer data of SWIFT gpi messages will allow NBK to further optimize the customer experience and differentiate against competitors.

Banking 49

Banking Reconciliations Communication Leverage 49

PYMNTS

APRIL 26, 2017

Leveraging the data afforded by the online shift in retail can allow businesses to drive deeper understanding of consumer bases, improve customer relationships and boost conversion rates along the way. More than in previous years, marketers are leveraging machine learning and predictive analytics.

Leverage 43

Leverage Budgeting Communication Retail 43

PYMNTS

DECEMBER 6, 2016

Getting consumers to buy is the focus on an unbelievable amount of time, focus and money in the world of retail. We help retailers t0 enable the post-purchase experiences,” said Sharma. How do you communicate with end consumers about shipping, warranty, returns? We leverage our technology to fix that that after-buy experience.”.

Retail 66

Retail Communication Leverage eCommerce 66

PYMNTS

OCTOBER 9, 2020

Many will continue leveraging the third-party delivery apps that sustained them until their on-premises operations restarted, but these apps come with a host of issues. The mobile app opens a line of communication that is necessary to ensure a great guest experience.”. Retrofitting for the Future.

Leverage 52

Leverage Communication Planning Numbers 52

PYMNTS

JULY 1, 2019

Entities such as the National Payments Corporation of India — an umbrella organization for operating retail payments in India — have been helping to guide electronic payments adoption. India, in contrast, has a huge point of leverage in embracing digital payments — namely, the power of mobile devices.

Leverage 52

Leverage Securities Banking Education 52

PYMNTS

MAY 11, 2020

It also examines how businesses that have not traditionally leveraged mobile and online methods are launching and managing these new payment flows, and explores the payment tools and software that can help. This month’s Deep Dive explores how these four business sectors are adjusting to continue delivering services and receiving payments.

Entertainment 75

Entertainment Healthcare Sales eCommerce 75

PYMNTS

DECEMBER 20, 2019

With PNC Bank , in one case, clients noted they were unable to link accounts to Venmo. How Grocery Retail Will Evolve In 2020 . The rise of the so-called smart home — powered in large part by voice-assisted retail and payments — will be one of the main trendlines of the 2020s.

B2B 40

B2B Data Analysis Retail Banking 40

PYMNTS

JANUARY 16, 2018

The Google generation is changing industries from retail to call centers — and everything in between. But when it comes to a broken appliance, or getting locked out of an online account, consumers still tend to pick up the phone and dial into a company’s hotline. Amazon is also getting in on the AI fun.

Healthcare 55

Healthcare Education Communication Leverage 55

PYMNTS

NOVEMBER 22, 2017

Food manufacturers see blockchain as an efficient way to track fruits, vegetables and even turkeys from farm to truck to supermarket to table, adding a layer of consumer safety and accountability to the food supply chain. Notably, Cargill isn’t alone in recognizing blockchain’s usefulness.

Manufacturing 51

Manufacturing Communication Leverage Retail 51

PYMNTS

DECEMBER 21, 2016

Unattended retail technology, or order-at-the-table systems, has become an increasingly popular form of modern technology at restaurants. PYMNTS recently spoke with Dan McCann, the company’s president, about how unattended retail is affecting the restaurant industry and what’s on the road to come. A new kind of tableside service.

Retail 50

Retail Technology Communication Leverage 50

PYMNTS

APRIL 21, 2016

That conclusion was the result of a PayPal-initiated global survey of retailers around the world to better understand how their customers are using mobile devices in physical stores today — and how they would like to be using those mobile devices in the future. Participants included senior leaders across technology, finance and marketing.

Retail 42

Retail Communication Leverage Technology 42

PYMNTS

APRIL 6, 2018

The initiative came after a major festival venue, Royal Croquet Club, which leveraged contactless payments to help attendees leave their cash behind. Meanwhile, in Sri Lanka, startup UPay announced merchant- and customer-facing apps enabling payment via scanned QR code, near-field communication or SMS.

Communication 56

Communication Leverage Sales Startups 56

PYMNTS

OCTOBER 29, 2019

Friendly fraud accounts for anywhere between 60 percent to 80 percent of merchant chargebacks, according to recent research. While a retail store can demand that customers return merchandise they charged back, restaurants cannot take back eaten food. Mobile ordering led to the rise of friendly fraud.

Education 41

Education Banking Communication Leverage 41

PYMNTS

JULY 22, 2016

So, how can you get your hands on the newest and hottest pair of Warby Parker shades — a “head-turning Haskell in Crystal, now with new silver mirrored lenses” that’s retailing for $95? Nope, you won’t be able to purchase them at WarbyParker.com or anywhere on the hip eyewear purveyor’s burgeoning list of brick-and-mortar retail stores.

Retail 41

Retail Advertising Communication Leverage 41

PYMNTS

APRIL 18, 2016

Sophisticated cybercriminals have also used botnets to release denial of service attacks on sites and steal personal information, including bank account numbers. Chatbots will leverage advances in artificial intelligence to make the human-to-machine interactions inside of that ecosystem both conversational and natural. Remember ZeuS ?

Communication 47

Communication Leverage Advertising Entertainment 47

PYMNTS

DECEMBER 16, 2019

Amazon is leveraging Western Union’s global cash in/cash out network to let consumers shop online and pay in cash at one of their 500,000 global agent locations. Storing credentials in Chrome creates a Google Pay account that consumers can use when shopping online at a merchant on that browser.

Banking 72

Banking Accounting Leverage Advertising 72

PYMNTS

JANUARY 1, 2020

Amazon is leveraging Western Union’s global cash in/cash out network to let consumers shop online and pay in cash at one of their 500,000 global agent locations. Storing credentials in Chrome creates a Google Pay account that consumers can use when shopping online at a merchant on that browser.

Banking 69

Banking Accounting Leverage Advertising 69

Future CFO

AUGUST 18, 2023

In the finance function, basic accounting processes like accounts payable, payroll and purchasing are often allocated under the shared services model. This allows the organisation’s core finance and accounting (F&A) operations to concentrate on more strategic work, such as financial analysis and planning.

Finance 52

Finance Communication Accounts Payable Invoicing 52

PYMNTS

MAY 27, 2016

Money is becoming more and more invisible as people use things like Apple Pay, or they have regular payments leaving their bank account,” Webber said. This digital financial technology, which allows users to link their bank accounts with various smart devices, is at the forefront of financial interconnectivity.

Banking 40

Banking Technology Securities Financial Data 40

Centage

SEPTEMBER 13, 2022

When leveraged correctly, a forecast is useful for implementing innovative decisions and changing strategies. When you understand the role financial forecasting plays in your business operations, you can successfully leverage financial forecasting methods. If you want to apply for capital like a bank loan, you will need forecasts.

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) Planning Forecasting Profit and Loss 98

Barry Ritholtz

JANUARY 24, 2023

And what was interesting was the first leveraged buyout of a public company happened when I was in graduate school. KLINSKY: In 1979, it was the first leveraged buyout of a public company. We had sold the family business, maybe buy another family business one day through a leveraged buyout. There was XO Communication and McLeod.

Mergers and Acquisitions (M&A) 103

Mergers and Acquisitions (M&A) Investments Leverage Numbers 103

PYMNTS

DECEMBER 30, 2019

Merchants’ marketing departments may find bundling useful, but their accountants are less likely to see it positively — determining individual items’ tax obligations in the different states into which they are sold can be challenging, and putting offerings into bundles only magnifies complexities. Getting To Convenience .

Math 52

Math Communication Accounting Sales 52

PYMNTS

JANUARY 14, 2021

Maintaining consumers’ correct address information is vital to entities such as retailers and banks. Firms that lack precise customer records can suffer serious consequences, with mistaken deliveries accounting for $216,171 in lost sales every year. Merchants must therefore verify addresses to diminish the number of human errors.

Communication 68

Communication Sales Education Banking 68

Centage

SEPTEMBER 13, 2022

When leveraged correctly, a forecast is useful for implementing innovative decisions and changing strategies. When you understand the role financial forecasting plays in your business operations, you can successfully leverage financial forecasting methods. If you want to apply for capital like a bank loan, you will need forecasts.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Planning Forecasting Profit and Loss 52

PYMNTS

OCTOBER 20, 2020

In the bid to modernize B2B payments , accounts receivable (AR) and accounts payable (AP) need to work together. It’s important to go about breaking down silos within companies, too, where AP and AR once functioned as separate departments without clear lines of communication.

B2B 104

B2B Accounts Payable Treasury Invoicing 104

PYMNTS

NOVEMBER 6, 2020

Sevounts said there are no silver-bullet solutions, but there are data to be leveraged to build a better, more secure experience and improve business operations as a whole. But friction comes in at several points in the digital journey, and merchants need to be ready to account for all of them.”.

Securities 81

Securities Communication Accounting Leverage 81

PYMNTS

JANUARY 12, 2021

Inaccurate addresses, in particular, can be a huge strain, resulting in failed deliveries, inefficient operations and poor communication with customers. It also explains how geocoding can help retailers sidestep these issues by giving drivers unparalleled accuracy. About The Tracker.

Banking 59

Banking Retail Communication Sales 59