PYMNTS

SEPTEMBER 18, 2020

But getting funds settled more quickly into their accounts can make all the difference in giving them the cash cushions they need to expand, weather economic shocks and even get their suppliers paid in a timely manner.

Sales 141

Sales Prioritization eCommerce Invoicing 141

PYMNTS

OCTOBER 14, 2020

Numbers tell the tale. Merchants online and off are maximizing the debit wave with often creative strategies that take into account how the consumer mindset had profoundly shifted since the start of 2020. According to the October Next-Gen Debit Tracker® , “One recent study found that the number of active phishing sites in the U.S.

eCommerce 73

eCommerce Accounting Economics Numbers 73

PYMNTS

AUGUST 12, 2020

As detailed by NPR, though at least some verticals, such as grocery stores, accept card transactions (and thus see at some volume of contactless payments), a significant number of smaller businesses rely on cash to keep revenues coming in.

Startups 88

Startups eCommerce Forecasting Banking 88

PYMNTS

APRIL 29, 2020

That doesn’t bode well for the necessary investments in infrastructure and customer experience upgrades to compete with Amazon and other established brands that are laser-focused on eCommerce as their main (and sometimes only) point of sales. Ultimately, eCommerce lives on the dynamism and initiative of the private sector.

Retail 61

Retail eCommerce Economics Investments 61

PYMNTS

DECEMBER 16, 2020

Botnets are another tool in fraudsters’ arsenals, allowing bad actors to quickly flood quick-service restaurants’ (QSRs’) defense mechanisms with fake accounts or other scams. There are a number of lessons that restaurants can learn from their experiences during this challenging time, however.

Advertising 124

Advertising eCommerce Economics Securities 124

PYMNTS

MARCH 10, 2020

The headline numbers exhibited a 7.6 Fifth Third Bank Sued By CFPB Over Fake Accounts. The Consumer Financial Protection Bureau (CFPB) filed a suit against Cincinnati-based Fifth Third Bancorp alleging that employees opened accounts for clients without their permission in an effort to reach sales targets.

Retail 79

Retail Marketing Healthcare eCommerce 79

PYMNTS

AUGUST 19, 2020

In an interview with Karen Webster, Brian Bogosian , CEO at sticky.io , an integrated eCommerce subscription management and recurring billing platform, said that Apple’s continued push into subscriptions is only one example of the allure of subscription eCommerce, and where it is headed.

eCommerce 115

eCommerce Sales Economics Numbers 115

PYMNTS

DECEMBER 30, 2020

Debit has become exceedingly popular over the past year as social distancing and stay-at-home orders reduce consumers’ cash reliance and the ongoing economic decline and rising unemployment rates make them wary of taking out loans or leveraging credit. Debit Fraud Threats In The Time Of eCommerce.

Banking 66

Banking eCommerce Leverage Numbers 66

PYMNTS

FEBRUARY 2, 2021

The conversation came against the backdrop where i2c announced a partnership with TAG, to launch a super app that provides instant payments capability to Pakistan’s unbanked adult population, which at present numbers about 100 million individuals. To them, transferring $10 from one account to another appears fairly simple.

eCommerce 94

eCommerce Compliance Numbers Currencies 94

PYMNTS

MARCH 4, 2019

Pharmacies and the delivery of prescription medication are both undergoing significant change, and much of the credit for that can be directly or indirectly attributed to the rise of eCommerce and digital payments. South Africa has the highest number of people with HIV of any country. The latest development? Other Pharmacy Moves.

Healthcare 93

Healthcare eCommerce Startups Accounting 93

PYMNTS

MARCH 12, 2020

She noted that firms such as PULSE have enabled payments functionality spanning push payments, peer-to-peer (P2P) and business-to-consumer (B2C) for the past decade and that operating rules require funds to be available in customer accounts within 30 minutes.”. A tight labor market means employers must be cognizant of what their workers want.

B2C 61

B2C Economics Securities eCommerce 61

PYMNTS

SEPTEMBER 11, 2020

The redesigned app was created to meet expectations of shoppers as they move from shopping in stores to eCommerce. New Data: Three-Quarters Of US Consumers Show Concerns About Using Face ID When Opening Accounts Online . Swedish payments and shopping company Klarna has revamped its app for British users. Trackers and Reports.

Currencies 56

Currencies Numbers Communication Banking 56

PYMNTS

DECEMBER 4, 2020

That’s because when adjusted for three fewer selling days and one less weekend, there was almost no decline at all — meaning an economically crucial rebound in U.S. Nonetheless, the improvement is a positive sign for the country’s economic recovery.”. million auto accounts in some form of accommodation at the end of September.”.

Sales 73

Sales Leverage Economics eCommerce 73

PYMNTS

JANUARY 11, 2021

Whether businesses were establishing their modernization roadmaps for the first time or simply accelerating the plans they already had in place, the COVID-19 crisis drove organizations to embrace technology at unprecedented levels in order to manage a remote workforce, supply chain disruptions and economic uncertainty.

Treasury 79

Treasury B2C Prioritization Healthcare 79

PYMNTS

FEBRUARY 1, 2021

We may be catching a glimpse of economic life beyond the pandemic. Added Michael Miebach , Mastercard CEO, current trends echo the past: “What we've seen in previous challenged periods in terms of economic outlook. There's a number of different models … We're not in the business of picking winners and losers.

Math 82

Math Entertainment Economics Budgeting 82

PYMNTS

NOVEMBER 19, 2020

That includes advancements in Canada's upcoming Real-Time Rail, as well as adoption by Transcard of Mastercard's Track Business Payment Service to facilitate real-time, account-to-account transfers for businesses. Plus, blockchain makes new inroads in the B2B arena. Canada Taps Vocalink for Real-Time Rail.

B2B 104

B2B Reconciliations Risk Management Compliance 104

PYMNTS

SEPTEMBER 24, 2019

One consideration is the fact that economic presence within a state means that retailers have to collect and remit taxes in those states. The laws themselves may depend on the number of thresholds, i.e. tied to a sales threshold above, say $250,000, or a number of transactions in each state.

Retail 46

Retail Economics Compliance eCommerce 46

PYMNTS

DECEMBER 31, 2020

In a year filled with unexpected challenges and a COVID-era economic climate that proved fatal for many companies, PYMNTS was lucky to hear directly from the front lines how scores of company leaders and industry experts were coping with the crisis and turning conflict into opportunity. Purchases, events and trips are being canceled. “We

Healthcare 115

Healthcare B2B Foreign Exchange Treasury 115

PYMNTS

OCTOBER 12, 2016

Wall Street appears to be loving Walmart’s new strategy to slow down its store openings and place an emphasis on its eCommerce business. By our account, WalMart and Amazon are neck-and-neck with penetration in American households… It’s a battle to be America’s retailer because there’s a lot of competition.”.

eCommerce 60

eCommerce Leverage Retail Economics 60

PYMNTS

OCTOBER 15, 2018

But sales at non-store retailers, including mail order catalogs and eCommerce sites, rose by 1.1 In terms of possible economic factors for the changes, Hurricane Florence reached North Carolina in September. At the same time, department store sales dropped by 0.8 Sales at gas stations dropped by 0.8 percent, but they were higher by 11.4

Sales 43

Sales Retail Healthcare Economics 43

PYMNTS

JANUARY 15, 2021

Faced with rising transmission of the virus, state restrictions on retailers and heightened political and economic uncertainty, consumers chose to spend on gifts that lifted the spirits of their families and friends and provided a sense of normalcy given the challenging year. The NRF said its numbers were based on data from the U.S.

Sales 52

Sales Forecasting Entertainment Retail 52

PYMNTS

DECEMBER 29, 2018

Consumers are both seeing their earnings increase — for the first time in years for many — and are feeling confident that their employment status is stable, Rupkey noted, telling Reuters, “The consumer is always in the driver’s seat when it comes to stoking the fires that run the engines of economic growth.”. economic activity, jumped 0.6

Economics 73

Economics Healthcare Sales eCommerce 73

PYMNTS

MARCH 27, 2020

It’s too soon to tell how coronavirus will impact the venture capital ecosystem, but some analysts are turning to the economic crisis of 2008 to make some educated guesses. In a recent report, CrunchBase looked back at how VC investors reacted to the market downturn over a decade ago.

B2B 72

B2B Startups Economics Education 72

PYMNTS

APRIL 29, 2020

Fiserv Senior Vice Presidet and Head of Grocery Solutions David Conroy told Karen Webster in a recent digital discussion that those figures are consistent with numbers Fiserv has been seeing internally. Grocery retailers are quickly and urgently pushing for eCommerce enablement for all customers, not just the digitally inclined.

eCommerce 64

eCommerce Retail Education Numbers 64

PYMNTS

SEPTEMBER 29, 2016

One of the unintended consequences in the rise of eCommerce is a related rise in cyberfraud attacks on online shoppers. Automated attacks are used in a number of cybercriminal schemes, and they enable certain types of fraud and breaches that really aren’t possible without that level of automation.”.

Sales 69

Sales Securities Economics Retail 69

PYMNTS

SEPTEMBER 29, 2016

Let’s start with a number between 32.5 Yeah, there’s a lot of wiggle room there, but those are the numbers that the Organization of the Petroleum Exporting Countries (OPEC) agreed to cap its production of oil barrels per day. But there were a lot of other big numbers flying out there this week, too. million and 33 million.

Manufacturing 69

Manufacturing Numbers Economics Securities 69

PYMNTS

NOVEMBER 4, 2020

did strong Q3 numbers, with PYMNTS reporting that “Alphabet said search and other advertising revenues rose 6 percent year over year to $26.3 GfK determined that nearly half — or 44 percent — of almost 1,000 American consumers polled anticipate purchasing only through eCommerce channels during the holiday season.

Sales 70

Sales Advertising Profit and Loss Budgeting 70

PYMNTS

AUGUST 28, 2018

There are any number of government initiatives pairing FinTech with traditional FIs , and now Mexico joins the roster with renewed focus. Only one-third of adults in that country have a bank account. And the new administration, incoming, is looking to boost financial inclusion. That FinTech has 1.5 million users in Japan.

Treasury 53

Treasury Finance Investments Banking 53

PYMNTS

AUGUST 6, 2020

He said the shift to eCommerce made by necessity in the pandemic’s early days is now likely to become a permanent shift in the sense that consumers will expect to be able to leverage online channels. consumers, faced with economic uncertainty, used previous stimulus money to pay down debts and pad their savings instead of spending it.

Finance 60

Finance eCommerce Construction Banking 60

PYMNTS

MARCH 27, 2020

For all the predictions, models and plans that existed for the first part of this year, almost no one factored in a global pandemic that would disrupt the global economic system and potentially tip off a financial crisis in the space of just a few weeks. The mobile number is only useful as a verification tool if it is the right phone.

Entertainment 87

Entertainment Numbers Education Securities 87

PYMNTS

MAY 12, 2020

As Young told PYMNTS in a recent podcast, credit unions have an opportunity to anticipate what their members might need as they navigate a “new normal” of eCommerce and economic headwinds – and where health and safety concerns are top priority.

Budgeting 64

Budgeting Communication Banking Leverage 64

PYMNTS

SEPTEMBER 6, 2019

million merchants, whereas in September of 2015 that number was only 392,000. Consumers are flocking to eCommerce, and more than 230 million U.S. Merchants are eagerly striving to be selected to fulfill consumers’ purchasing needs and to stand out from an increasingly crowded eCommerce field. That’s an 825 percent increase.

eCommerce 46

eCommerce Economics Sales Numbers 46

PYMNTS

DECEMBER 5, 2019

trillion, accounts for an estimated 11 percent of the national gross domestic product (GDP). Smooth cash-flow operations will be essential for manufacturers to successfully navigate a challenging economic period. manufacturing sector, valued at approximately $2.4 However, U.S. In fact, the U.S.

Manufacturing 52

Manufacturing Invoicing Accounting Finance 52

PYMNTS

OCTOBER 19, 2020

Keijzer serves as the state secretary for economic affairs and climate policy for the Netherlands, while O is the secretary of digital transition and electronic communications for France. France will proceed with intentions to gather its controversial digital services tax in the middle of December, Accounting Today reported.

Tax Planning 57

Tax Planning Compliance Planning Economics 57

PYMNTS

APRIL 17, 2017

Still, refund delays likely only accounted for a small part of the consumer spending slowdown. March retail sale numbers were largely influenced by weakness in the automobile sector. macroeconomics at Oxford Economics in New York, told Reuters. Non-store retailers, whose numbers are largely driven by eCommerce sales, saw 0.6

Retail 40

Retail Sales Economics eCommerce 40

PYMNTS

SEPTEMBER 26, 2019

There also will be predictability for how end clients’ accounts are credited. SWIFT has said that the service will be available to banks’ end customers across a broad swathe of enterprises, from large multi-national companies to small- and mid-sized enterprises and will also serve retail and eCommerce platforms.

Banking 43

Banking Technology Economics eCommerce 43

PYMNTS

OCTOBER 30, 2018

In terms of headline numbers, Mastercard’s revenues of $3.9 dollar on cross-border flows and the economic weakness in some emerging market countries.”. consumers to view, manage and pay bills instantly from bank accounts, done in tandem with a community of more than 100,000 billers and built on the firm’s existing bill pay network.

B2B 71

B2B Currencies Economics Compliance 71