Global Finance

OCTOBER 31, 2024

Official media in July reported China Merchants Bank Chairman Miao Jianmin’s announcement of a strategic shift for his institution from “retail bank” to “value bank.” Bank of Communications has expanded to offer boutique research and training modules for private banking clients. Personal deposits at the end of 2023 totaled ¥12.49

Mergers and Acquisitions (M&A)

Musings on Markets

FEBRUARY 12, 2025

Profitability - Absolute and Relative While we may all agree with the proverbial bottom line being profits, there seems to be no consensus on how best to measure profitability, either from an accounting or an economic perspective. It is for that reason that I created my own version of an accounting class , that you can find on my webpage.

Hurdle Rate

CFO Talks

DECEMBER 10, 2024

They discovered payroll fraud when a manager created a fake employee and diverted their paychecks into a personal account. For example, in 2014, Tesco, the UK retailer, overstated its profits by 250 million. Building a culture of accountability starts at the top. Take Dixon Enterprises, a mid-sized manufacturing company.

Invoicing

Global Finance

MAY 2, 2025

CFOs need to start preparing now for a future where some of the functions of corporate treasury and international accounting are fulfilled on the blockchain, McLoughlin said. Institutional buyers are less likely to sell on bad days than are leveraged retail buyers, he says. CFOs may have to adjust their thinking accordingly, he adds.

Currencies

Barry Ritholtz

MAY 13, 2025

He ran our retail division and I was working for him at that time. Barry Ritholtz : you were head of strategy, product marketing, communications, like is that one job, is that four jobs? The corporate communications function at Vanguard today, you know, has evolved considerably from back in the early days.

Investments

Barry Ritholtz

JANUARY 27, 2025

Mike Freno : Well, originally started out in accounting, so I was an accounting major coming out of, out of Furman and worked with the legacy firm for the date myself a little bit. So my first four working years were spent in public accounting. A BA from Furman University and MBA from Wake Forest Business School.

Mergers and Acquisitions (M&A)

Barry Ritholtz

MARCH 4, 2025

00:15:17 [Speaker Changed] So really what you’re saying is from a checking account up to a, a secondary financing private debt up to an IPO. They need a, they need a bank account, they need to pay their employees, they need to have a way to sort of collect funds, they may need a credit card. Just very simple banking needs.

Banking

The Big Picture

JUNE 2, 2025

You know, if you showed up at your retailer with a 8% price increase and inflation was 2%, they would say, why are you doing that? And there hasn’t been a way, you know, to replace ’em and that and there’s not that much money to increase available to increase the compensation to account for it.

Forecasting

CFO News

JULY 8, 2025

Others have moved from making automobiles to entering sectors like space, energy, and communication. Some companies that started with manufacturing mobile phones have expanded into finance, healthcare, and entertainment.

Manufacturing

CFO Dive

JUNE 6, 2025

The retailer opened 55 new stores in Q1 and plans to open about 150 net new stores for the fiscal year. Dive Insight: Five Below kicks off a new fiscal year with a solid performance as the retail industry grapples with sudden shifts in trade policy. year over year to $970.5 million, according to a company press release Wednesday.

CFO

PYMNTS

OCTOBER 9, 2020

Yet, American consumers have opened their bank accounts for non-profits. That marketplace connects the three stakeholders to each other, with retailers winning valuable side benefits in the process. Incredible from the psychology side, and sound business from the retail side. From a retail perspective, here’s how it works.

Retail

VCFO

JANUARY 23, 2023

Five Key Aspects of Accountability in Your Business Inflation issues and supply chain woes aren’t going away anytime soon. Achieving these aims also requires accountability, as even the best of plans will fall short in its absence. At its core, accountability in a business center on setting expectations and holding people to them.

Accounting

PYMNTS

MAY 11, 2020

As retailers, especially those marked non-essential, move to digital commerce platforms they’re also finding new ways to stay in touch with customers during the pandemic. As a result of the pandemic crisis it is urging its retail accounts to stay in touch with their customers via mobile, most specifically through SMS (short message service).

Retail

PYMNTS

MARCH 15, 2019

Anxieties that automation will replace humans have waned in the accounting sector, as industry players begin to realize that technology can actually help accountants play a more important role for their small business (SMB) customers as advisors and guides, rather than replacing their roles outright. Tax reform in the U.S.

Accounting

PYMNTS

JANUARY 8, 2021

Bloomberg notes that such an offering would be unusual, as retail investors generally do not get an opportunity to participate in an IPO at the offering price. Having retail investors buy shares ahead of the opening could also limit the size of the rally of the stock on its first day of trading. The FinTech was valued at around $11.7

Compliance

PYMNTS

JULY 24, 2020

and Canadian online grocery delivery service, blamed reused passwords for the recent account hacks that led to the theft of its customers’ personal data that landed on the dark web. Instacart advised customers to select unique, strong passwords for their accounts that they do not use on any other apps or websites as an extra precaution.

Accounting

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. That’s driven the retailer to require merchandise, risk-driven signatures that can be dynamically altered, said Thompson. The Scope Of The Problem.

Retail

PYMNTS

MARCH 6, 2019

Writ large, the unattended retail model can be thought of, too, as an unattended payments model, where everything revolves around an authenticated user wielding a registered payment credential — two components that, once in place, can truly take advantage of an omnichannel experience. The Partnership Model.

Retail

PYMNTS

APRIL 17, 2020

Some cash-strapped people are losing some or all of their coronavirus stimulus money because their bank accounts are overdrawn. This was brought to our attention and the team worked quickly to figure out a solution on how we can help members during this unprecedented time,” Matthew Hartwig, USAA’s director of communications, told Newsweek. .

Accounting

CFO Plans

AUGUST 9, 2024

In the rapidly evolving landscape of business accounting, staying ahead requires more than traditional bookkeeping. Cloud Accounting Services Transform Financial Practices The shift to digital has revolutionized accounting practices. Transform your financial practices with cloud accounting services.

Accounting

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

Fpanda Club

MARCH 1, 2021

APQC’s Open Standards Benchmarking® Performance Assessment in Planning and Management Accounting 3. APQC’s Open Standards Benchmarking® Performance Assessment in Planning and Management Accounting 4. APQC, AFP Next level of FP&A study, 2019 2. How Is Your FP&A Function Performing Compared With Your Competitors?

Financial Planning and Analysis (FP&A)

PYMNTS

APRIL 14, 2020

Retail demand has risen sharply for items like home cleaning supplies and groceries, while dropping off in other product categories, leaving companies to adjust to these shifting purchasing patterns. The global pandemic has thrown businesses into an entirely new playing field and left many scrambling to act.

Accounts Payable

PYMNTS

NOVEMBER 24, 2020

Businesses and financial institutions (FIs) are constantly examining ways to make their customers’ accounts more secure, especially as more consumers go online to make purchases and transact during the ongoing COVID-19 pandemic. California-based automaker Tesla is one company that has witnessed the merits of offering 2FA for its car owners.

Sales

Generation CFO

JANUARY 12, 2022

Successful transformation does not have to mean a huge overhaul of processes, according to Gemma Spurr, Transformation Manager at clothing retailer Superdry. Now she’s doing a six-month role with fashion retailer Superdry to help them adapt and transform. . Are you a finance and accounting industry hero? Transforming Superdry.

Finance

PYMNTS

SEPTEMBER 17, 2020

which is based in Nevada, purportedly provides online retailers with fraud detection and prevention technology, according to the statement. “As Investors are entitled to accurate information about a company’s financial condition, and the SEC is committed to holding accountable corporate executives who deceive investors.”.

Securities

PYMNTS

MARCH 28, 2019

Xerox is strengthening its position in the accounts payable services space with a new suite of business solutions. The four industries Xerox is targeting include the insurance, healthcare, public sector and retail markets, each with its own tool to tackle industry-specific challenges through digital tools.

Accounts Payable

PYMNTS

JANUARY 27, 2017

26) that online sales for retailers in France may rise as much as 11 percent in 2017 to $85.85 In 2015, eCommerce accounted for 7 percent of retail sales in France. The most popular retailer? The French E-Commerce Federation announced Thursday (Jan. percent jump in 2016. France stands as number 36 (right behind the U.S.)

Sales

PYMNTS

OCTOBER 5, 2020

The pandemic seems to have had a strong positive impact on participation in the entire sport of running,” Fleet Feet’s Director of Retail Experience Matt Werder told PYMNTS. Even now that its stores are open, the retailer has discovered that its eCommerce, curbside pickup and virtual fitting services remain popular with customers.

Technology

CFO News Room

JANUARY 13, 2023

If you want to earn some money fast while shopping online, the following cashback apps make this a possibility: Shopkick is a loyalty rewards app that lets you earn rewards when you shop online with more than 80 retailers. MyPoints lets you rack up points at more than 2,000 major retailers, including Walmart and Amazon.com.

Accounting

PYMNTS

DECEMBER 8, 2020

The company says it’s the first national bridal retailer to make this move, and the program’s unique design will earn points for the retailer among its brides as well as its business partners. First, the “free honeymoon” offer crystalized everything they were trying to accomplish and communicate with the program.

Communication

PYMNTS

OCTOBER 27, 2016

According to a report , Nets thinks the breach was linked to one internet retailer overseas. In September, Yahoo announced a massive data breach that could end up impacting close to half a million accounts at the internet company. Danish payment processor Nets notified local banks and international card schemes on Wednesday (Oct.

Banking

Future CFO

DECEMBER 7, 2022

When the pandemic came in 2020, the company was able to quickly pivot from offline retail to online. However, he believes that it is all about taking an account risk and an account return. “As Communication strategy. It is human nature to resist change but convincing people to do so starts with good communication.

CFO

PYMNTS

NOVEMBER 23, 2016

A new plan, titled “Sheltered Harbor,” was unveiled by the primary trade groups that represent the financial services sector to help standardize data storage for retail accounts and strengthen cybersecurity defenses.

Communication

PYMNTS

DECEMBER 26, 2019

But before we shut the door on 2019, it bears taking a moment to note how much the world of retail has changed in the last year, a fitting capstone on a decade that has seen retail as the American consumer commonly knew it taken to the ground and rebuilt nearly from the foundations. Lesson 1: Think Big . “We

Retail

CFO Share

MARCH 13, 2023

Managing accounts payable is critical for any business to maintain healthy cash flow and vendor relationships. Financial ratios are essential tools that help companies evaluate their financial performance, including their ability to manage accounts payable effectively. What is accounts payable in ratio analysis?

Accounts Payable

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