PYMNTS

NOVEMBER 18, 2020

Delivering funds smoothly to employees in different nations is therefore essential, and it may require firms to migrate from paper checks to digital tools, especially those that suit the needs of employees who do not have bank accounts. How Mobile Apps Are Easing Retail Payments In India. Around The World Of Smarter Payments.

Accounts Payable 88

Accounts Payable Leverage eCommerce Retail 88

PYMNTS

DECEMBER 29, 2020

Debit solutions draw on funds consumers already have in their bank accounts, and while this makes them reassuring to debt-wary consumers, it can have implications if these details are snatched by fraudsters. Getting security right also means balancing customers’ security and privacy concerns. Around The Next-Gen Debit World.

Banking 121

Banking Leverage Securities Economics 121

PYMNTS

OCTOBER 18, 2019

Mastercard is collaborating with four eCommerce retailers — WHSmith.co.uk, Funky Pigeon, Cult Pens and The Card Gallery — to offer the Pay by Bank app to online shoppers, Mastercard announced in a press release on Friday (Oct. Pay by Bank app (PbBa) — created by Vocalink, a Mastercard company — leverages the U.K.’s

Banking 46

Banking Retail B2B Leverage 46

Future CFO

FEBRUARY 15, 2022

Finance and accounting outsourcing (FAO) buyers are increasingly open to third-party support for complex, judgment-intensive processes, and digital solutions; providers are further differentiating themselves with talent strategies, governance models and ESG initiatives. FAO providers prepping for growth.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Healthcare Leverage Finance 52

Future CFO

DECEMBER 11, 2023

Beyond improving supplier relationships, and better control over working capital, other benefits include better security given the increased visibility of payment details, and improved ROI with the anticipated lowering of bank wire fees. Real-time payments also mean account balances stay up-to-date.

Banking 98

Banking Finance CFO Leverage 98

PYMNTS

DECEMBER 12, 2019

Over the last decade or so, the trend in both brick-and-mortar retail and quick-service restaurants (QSRs) has been toward digitizing operations, and opening up for more omnichannel servicing. In fact, many of these issues have plagued eCommerce retailers since the dawn of digital commerce. Easy To Underestimate .

Securities 52

Securities Advertising eCommerce Leverage 52

Future CFO

OCTOBER 2, 2023

The increase in spending on AI , including software, services, and hardware, reflects a shift to leveraging technology in companies’ operations, as well as in improving customer experience and keeping up with the ever-changing market. Retail industries are harnessing AI to transform the way customers interact with their products and services.

Leadership 52

Leadership Risk Management Forecasting Leverage 52

PYMNTS

MARCH 11, 2020

The advance of Amazon’s cashierless technology is not a new story to the retail beat as of 2020. We’re not trying to replace them,” Cameron Janes, vice president of Amazon’s physical retail division, told CNBC. “I Have other retailers signed on with the service? We’re not trying to be Whole Foods.

Retail 52

Retail Technology Leverage Startups 52

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.

Retail 60

Retail Communication Leverage Technology 60

PYMNTS

MARCH 30, 2020

Debit cardholders often choose this payment method because it is more secure than carrying cash — which cannot be recovered if lost — and may safeguard them against spending more than they have, which is not the case with credit cards. customers can use to leverage funds stored in their crypto wallets for in-person retail payments.

Leverage 66

Leverage Securities Currencies Retail 66

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 54

Retail Communication Leverage Numbers 54

PYMNTS

OCTOBER 30, 2020

Card-skimming devices hidden on gas station card readers or carefully integrated into ATMs used to be especially troubling for merchants and consumers, but retailers and financial institutions (FIs) have stepped up their measures to protect physical card readers in recent years.

Leverage 77

Leverage eCommerce Advertising Retail 77

PYMNTS

NOVEMBER 18, 2016

18), which revealed the ongoing risk retailers face of coordinated and sustained fraud losses. We’re heading into our second holiday season with more retailers EMV ready, which means CNP fraud becomes a lot more attractive to organized and tech-savvy criminals. Retailers can approve up to 98.59

Retail 66

Retail Entertainment eCommerce Leverage 66

PYMNTS

APRIL 27, 2016

Goldman Sachs has officially entered the world of online retail banking. The minimum account balance needed to start a GS Bank account is only $1 and is open to anyone with an Internet connection.

Retail 40

Retail Banking Leverage Accounting 40

PYMNTS

JULY 17, 2020

Consumers and retailers have become more wary of handling physical cash during the COVID-19 pandemic, spurring some to turn to mobile payment apps instead as a safer, contactless alternative. How AI-Powered Risk Engines, Biometric Authentication Secure Alipay Against Scammers. Around The AML/KYC World.

Leverage 64

Leverage Securities Compliance Accounting 64

PYMNTS

OCTOBER 12, 2020

One recent study found that new customer accounts now represent 30 percent of all transactions made online, for example, five times as many as they did prior to the crisis. Failing to properly secure consumers’ online payments can have costly consequences for merchants that are also trying to meet the need for more payment variety.

Concentration 79

Concentration Retail Leverage Entertainment 79

PYMNTS

NOVEMBER 20, 2017

In the course of just three days, we’ve gone from Walmart the slumbering retail giant to Walmart the savvy retailer that’s now Amazon’s number one rival — one that’s even making Amazon sweat — well-positioned to challenge Amazon ’s retail rampage. Of course, the Amazon/Walmart rivalry has always made for good media sport.

Retail 54

Retail Math Leverage Economics 54

PYMNTS

FEBRUARY 27, 2020

Retail fraud attempts have doubled year over year, for example, while account takeover (ATO) fraud losses recently hit $14.7 Businesses of all kinds suffer from the pervasiveness of fraud, with a recent study finding that 40 percent of retailers, restaurants and insurance companies had their online expansions impeded by cybercrime.

Education 60

Education Nonprofit Leverage Securities 60

PYMNTS

AUGUST 19, 2019

In the latest Mobile Order-Ahead Tracker , PYMNTS explores the latest developments in the world of QSR rewards programs and how credential stuffing and account takeovers are plaguing the industry. Here are some examples of restaurants and retailers that have bounced back from mobile data breaches and what they are doing to ensure security.

Securities 63

Securities Prioritization Accounting Leverage 63

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

JUNE 29, 2016

“The face of retail banking is changing, driven partially by startups but also from the inside of some of the most forward-thinking banks globally,” Gorelov said in a statement.

Banking 40

Banking Accounting Leverage Startups 40

PYMNTS

AUGUST 24, 2017

3D-Secure 2.0 In this case, though, that upgrade comes to a security protocol designed to strengthen security around online credit card transactions, but which has seen little change since its inception 17 years ago. based transactions leverage it today. Like Web 2.0, Mobile 2.0, and Vegetables 2.0 (And, In-App Purchases.

Securities 41

Securities Technology Currencies Leverage 41

PYMNTS

OCTOBER 8, 2020

Mobile ordering services, advanced drive-thrus and customer safety and security are the top customer priorities for restaurants amid the pandemic. Research reveals that drive-thru visits increased 26 percent in the second quarter of 2020 and that such visits accounted for 42 percent of all restaurant visits during this time.

Securities 56

Securities Leverage Sales Accounting 56

CFO Talks

MARCH 19, 2024

The CFO needs to consider how AI can be leveraged not just for automating routine tasks, but also for providing deeper insights into financial forecasting, risk management, and strategic decision-making. Leveraging Technology for Communication In today’s digital age, leveraging technology to communicate the finance agenda is crucial.

CFO 52

CFO Communication Finance Budgeting 52

PYMNTS

OCTOBER 14, 2020

Looking at Working Capital – and Security. Many verticals have been able to pivot into the digital age, such as grocers who shifted to delivery models (“it only took them a few weeks to solve daily delivery,” he told Webster) and retailers who offer curbside pickup. Looking Ahead .

B2B 97

B2B Accounts Payable Reconciliations Economics 97

PYMNTS

SEPTEMBER 14, 2020

Criminals are not the only security threats financial institutions (FIs) and their merchant clients face — these entities often need to defend themselves against consumers as well. 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

NOVEMBER 9, 2020

The pandemic has been a game-changer for businesses, with retailers closing their doors, restaurants turning to delivery and pickup, and banks shifting to digital interactions to avoid potential viral transmission. Partnerships with third parties are a key facet of making these analytical models possible and actionable.

Accounts Payable 52

Accounts Payable Forecasting Invoicing Leverage 52

PYMNTS

FEBRUARY 27, 2019

Slovenia is due to see an instant payments platform launch from Bankart this month, while Malaysia has a new solution of its own, enabling instant credit transfers to bank accounts using details such as mobile phone numbers or national IDs. Deep Dive: Security in the Time of Faster Payments. New initiatives are also rising in the U.S.,

Reconciliations 57

Reconciliations Risk Management Leverage Securities 57

PYMNTS

APRIL 22, 2019

An increasing number of customers want to onboard with retailers and banks through their mobile phones, putting greater pressure on businesses to provide robust, digital know your customer (KYC) checks and other security measures. Yet, if platforms want to participate, they must keep up with regulations and security requirements.

Securities 57

Securities Compliance Leverage Accounting 57

PYMNTS

DECEMBER 31, 2020

“A survey from September 2020 found that 54 percent of Americans desired a contactless way to open new financial accounts or access existing ones, and new ATMs are being developed to meet these demands,” per the Tracker. Interactive Tellers (ITMs) accommodate this and more. Interactive Tellers (ITMs) accommodate this and more.

Banking 122

Banking Leverage Securities Retail 122

PYMNTS

JULY 30, 2020

The Salt Lake City payment processing platform has joined with Plaid, a Visa subsidiary based in San Francisco, that builds financial technology platforms to connect bank accounts and initiate automated clearing house (ACH) transfers. Last month, Galileo launched what it called a faster and less expensive way to create debit cards.

Leverage 63

Leverage Banking eCommerce Accounting 63

PYMNTS

APRIL 4, 2019

And by all accounts, this digital migration is driven by consumer preference — according to the same study, 91 percent of mobile banking users prefer accessing their app over going to a physical branch, and 68 percent of mobile banking millennials believe their smartphones will eventually replace their physical wallet.

Banking 67

Banking Leverage Securities Education 67

PYMNTS

DECEMBER 7, 2020

Big Tech players such as Google make inroads into banking (through the recently announced Google Plex , for example, which integrates checking accounts into the Google app). People are revaluating their footprints and rebalancing their retail footprints,” he told Webster. “In

Mergers and Acquisitions (M&A) 113

Mergers and Acquisitions (M&A) Banking Invoicing Leverage 113

PYMNTS

FEBRUARY 13, 2019

In a press release, Token said the hub connects merchants and retailers to financial firms in Europe so that they can access data and conduct payment transactions.

Treasury 77

Treasury Leverage Banking Securities 77

PYMNTS

DECEMBER 11, 2020

to advance secure, contactless transactions as stores reopen amid COVID-19 restrictions. Peter Hazlehurst, CEO of Synctera, tells Karen Webster that Synctera is a next-gen banking-services platform that facilitates FinTech scale by enabling banks to leverage their current compliance and account-servicing capabilities in new ways.

eCommerce 70

eCommerce Cash Management Retail Compliance 70

PYMNTS

NOVEMBER 7, 2018

The move will enable the global retailer, which owns 70 luxury brands, including Christian Dior, Louis Vuitton, Bulgari, Fendi and Givenchy, to enhance the efficiency and traceability of its cross-border payments.

Treasury 58

Treasury Reconciliations Leverage eCommerce 58

PYMNTS

NOVEMBER 11, 2019

The November AML/KYC Tracker® details the latest security regulation changes, as well as how companies are leveraging new technologies to remain compliant and strengthen their fraud protections. Around The AML/KYC World. Other companies are turning to management and workflow automation tools to improve their KYC and AML efforts.

Compliance 64

Compliance Securities Leverage Banking 64