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

APRIL 26, 2016

While the outlet attests that a number of the users identified therein (which TechCrunch contacted directly) are alleging breach, Spotify states otherwise. The company shared the following statement with TechCrunch: “Spotify has not been hacked, and our user records are secure. We monitor Pastebin and other sites regularly.

Securities 40

Securities Communication Accounting Numbers 40

PYMNTS

MARCH 23, 2016

Automaker General Motors is using feedback from the public on potential security risks to better understand its vulnerabilities and build up its cybersecurity initiatives. As the technology used to help make vehicles more connected and essentially “smarter,” so have the oncoming threats to the safety and security from cybercriminals.

Securities 40

Securities Transportation Manufacturing Communication 40

PYMNTS

AUGUST 25, 2016

A number of major Australian retailers and payments associations have filed letters supporting a regulatory request from three Australian banks that would make Apple collectively negotiate third-party access to its iPhone secure near-field communication (NFC) module for Apple Pay , according to AppleInsider.

Retail 40

Retail Banking Communication Securities 40

Future CFO

DECEMBER 11, 2023

Suppliers can embed real-time payment instructions in customer communications to simplify invoice processing. Lenders were put in a position to find ways to accommodate the increased number of digital transactions and ensure resiliency and uptime rise accordingly, said Yeo. Real-time payments also mean account balances stay up-to-date.

Banking 98

Banking Finance CFO Leverage 98

PYMNTS

OCTOBER 27, 2016

According to a report , Nets thinks the breach was linked to one internet retailer overseas. The breach comes at a bad time for Yahoo as it tries to close its deal to sell its core assets to Verizon Communications. Most of them have little in terms of security, making hacks that much easier. On Friday, a bunch of U.S.

Banking 75

Banking Communication Securities Retail 75

Future CFO

JUNE 26, 2023

The increased number of sophisticated attacks in the region gives real cause for concern, as seen in the case of the popular 3CX phone service application which was turned into a trojan as part of a supply attack, said Vivek Gullapalli, Chief Information Security Officer, APAC, Check Point Software Technologies.

Leadership 52

Leadership Manufacturing Education Securities 52

PYMNTS

OCTOBER 9, 2019

Typical use could look like a customer making an online purchase and then being asked to enter a secure code that was texted to his or her mobile phone. Banks in other countries have also moved on from SMS messages, relying instead on applications to better communicate with customers.

Retail 49

Retail eCommerce Securities Banking 49

PYMNTS

MARCH 22, 2018

Put a bit more simply: Retailers face both a data problem and a time problem. In an interview with PYMNTS, Nathan Trueblood, VP of Product Management at DataTorrent , said customer expectations of retailers are changing — adding both challenge and opportunity to that data/time conundrum. Data is useful only when it’s fully utilized.

Retail 40

Retail Risk Management Communication Sales 40

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. Omnichannel commerce needs omnichannel security. The same rules apply to the fraud decisioning tools that retailers employ.

Securities 52

Securities Retail Communication Leverage 52

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. Amazon not only coined the term one-click checkout , but filed a patent for it in 1997 and secured it in 1999. His economic principles were what inspired President Lyndon B.

Retail 54

Retail Math Leverage Economics 54

PYMNTS

APRIL 26, 2017

A day in the life of a strategy officer involves a great deal of communication with and listening to the concerns and interests of industry analysts, media and customers (along with a healthy dose of strategizing, of course). PYMNTS: What does a day in the life of a chief strategy officer look like? SW: It’s never the same day twice.

Retail 40

Retail Leadership Communication B2B 40

PYMNTS

APRIL 24, 2020

Verizon Communications Inc. said that as most of its stores shuttered following the COVID-19 lockdown, more than 500,000 retail postpaid net losses has led the telecommunications company to withdraw its full-year revenue outlook. Verizon Chairman and CEO Hans Vestberg put the best face on the number. percent to $31.6

Sales 56

Sales Communication Numbers Retail 56

PYMNTS

APRIL 19, 2019

Chipotle Mexican Grill has been the victim of a cyberattack that compromised the credit card payment information for a small number of customers. “The privacy and security of our customer information is very important,” said Laurie Schalow, chief communications officer at Chipotle, according to Mobile Payments Today.

Communication 76

Communication Sales Securities Retail 76

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. Undeserved chargebacks are no trivial issue, either, as the number of such false claims rose 41 percent between 2016 and 2018. Combining Friendly Fraud.

SAP 70

SAP Retail Banking Communication 70

The Finance Weekly

APRIL 1, 2023

He also served as the CEO of Bluestem Brands, which is the parent company of several e-commerce retail brands. Burke was previously the CFO of Gopuff, a consumer goods and food delivery company, and also served as CFO for Backcountry.com, an online retailer of outdoor clothing and gear. Varma began her career in accounting at KPMG.

CFO 52

CFO Corporate Finance Finance Pharmaceutical 52

PYMNTS

DECEMBER 30, 2016

This year has been big for retail — big on change, innovation and some surprises along the way. Consumers flocked to online and mobile commerce , robots rose in food and consumer goods , and brick-and-mortar stayed relevant with retail experimentation — pop – ups , flash sales , store-in-store and showrooms.

Retail 49

Retail Sales Education Technology 49

PYMNTS

OCTOBER 26, 2016

They said this number demonstrates that consumers are looking to make their online experiences faster, simpler and secure. “By Samsung reps said that, over the past year, online payments accounted for more than a quarter of the 2 trillion processed transactions. By partnering with Masterpass in the U.S.

Communication 66

Communication Securities Retail Numbers 66

PYMNTS

OCTOBER 18, 2016

.” Apple , for its part, contends the banks are acting like a cartel by stifling competition and creating an environment where there are unnecessary security risks, something the banks dismiss. The banks say it’s baseless that opening up access to the NFC function would jeopardize security and the customer experience.

Banking 73

Banking Communication Securities Retail 73

PYMNTS

JULY 21, 2020

Even bitcoin is accepted by only a relative handful of digital retailers. Mastercard on Monday (July 20) announced the expansion of its cryptocurrency partner program to streamline the process for crypto-wallet providers to issue secure, compliant payment cards to their customers. Or at least they didn’t until now.

Sales 127

Sales Currencies B2B Communication 127

PYMNTS

JULY 6, 2017

That is, the perceived value of the totality of solutions increases exponentially as the number of sub elements goes up.”. To the second point, Pedersen said that a true omnichannel retail experience can only be achieved when retailers bridge the gap between bricks and clicks. Some of these shifts are already underway.

Communication 68

Communication Retail Technology Numbers 68

PYMNTS

JUNE 7, 2019

On Friday (June 7), EMVCo released its long anticipated EMV Secure Remote Commerce (SRC) Specification version 1.0. Another way to put it is that new EMV specification promises to enable many more seamless retail transactions. With SRC, consumer buying experiences online will be easier, faster and more secure.

Securities 58

Securities eCommerce Communication Retail 58

PYMNTS

MAY 25, 2018

Whether it’s buying the latest fitness wristband or a smart toy for the toddler, it can often be like wrestling between the desire to pick up on the latest trend or waiting to see its demand and security issues play out in the news. And in many cases, there isn’t a whole lot of security information readily available to guide the choice.

Communication 40

Communication Transportation Securities Retail 40

PYMNTS

OCTOBER 24, 2018

As the number of IoT devices grow, the security risks will only become more impactful. Now, governments around the globe are looking to get ahead of this mounting problem by establishing policies that would set the standards for connected device security. Around The IoT World.

Manufacturing 47

Manufacturing Transportation Securities Communication 47

PYMNTS

NOVEMBER 10, 2017

Facebook may be gunning to introduce facial recognition software for in-store payments at retail locations, as presaged by a patent application published Thursday (Nov. The patent filing describes a two-factor authorization process that Facebook believes will boost security. 9) with the U.S. Patent and Trademark Office.

Communication 49

Communication Accounting Retail Securities 49

PYMNTS

OCTOBER 9, 2018

Sound is the ancient method of communication, of commerce, where a promise to sell or buy in days of old would be — and was, and sometimes still is — conveyed by voice, of course, and proximity between buyer and seller. Of that number, he said only 6 million phones are near-field communication (NFC)-enabled. “In

Communication 60

Communication Transportation Retail B2B 60

CFO News Room

FEBRUARY 2, 2022

Studies have been done through MIT and through The Economist-published studies where they look at what is that number, “Is it actually 70%?” What happens when wealth transfers, we transfer not just the assets, but we also transfer the communication practices. Author: Michael Kitces. Team Kitces. Is that basically the cycle?

Communication 130

Communication Planning Education Numbers 130

PYMNTS

SEPTEMBER 26, 2018

25) from Verizon Communications, full compliance with the PCI DSS (short for Payment Card Industry Data Security Standard) dropped last year, the first decline seen in six years. The headline numbers: 52.5 Then came retailers at 56.3 A case of complacency on compliance? As noted in a report that debuted on Tuesday (Sept.

Compliance 53

Compliance Communication Securities Retail 53

PYMNTS

OCTOBER 8, 2020

But the pandemic-inspired shift to digital commerce has raised consumer expectations for seamless simplicity in multichannel journeys and pressured retailers slower to enter the world of omnichannel to work double-time to catch up. . Any retailer who wants the sale will need enough speed to bounce along with them. .

Leverage 64

Leverage eCommerce Communication Sales 64

PYMNTS

NOVEMBER 7, 2019

Building out frictionless and secure payment experiences has become challenging for providers facing Strong Customer Authentication (SCA) mandates. From a consumer perspective, in Europe, we’re already seeing a number of steps [that] are raising awareness of this [SCA] initiative,” he explained. “As

Compliance 40

Compliance Communication Manufacturing Retail 40

PYMNTS

JUNE 22, 2016

DNB continues to deny the claims and any wrongdoing but did note that, during the period under speculation, it had a return of 44 percent but managed funds in the way it communicated to customers it would. It’s the latest large retailer to raise security concerns , with a lawsuit filed this week in U.S. Even with chips, U.S.

Banking 40

Banking Securities Communication Economics 40

PYMNTS

MARCH 20, 2019

“We are delighted to announce the new partnership with PFS and to be able to offer Samsung Pay to PFS customers, helping more people to make on-the-go transactions easy and incredibly secure,” said James Bradbury, head of services at Samsung Electronics. Customers can use Samsung Pay to make contactless payments on transactions over £30.

Communication 46

Communication Securities eCommerce Numbers 46

PYMNTS

OCTOBER 31, 2019

Smartphones and connected technologies are becoming increasingly symbiotic in many consumers’ retail experiences. However, as connected technologies offer new linking opportunities for consumers and retailers, online merchants are facing new adversaries in the fight against fraud.

eCommerce 40

eCommerce Communication Retail Education 40

CFO News Room

JANUARY 18, 2023

The question of whether a company is making or losing money should be a simple one to answer, especially in an age where accounting statements are governed by a myriad of rules, and a legion of number-crunchers follow these rules to report profits generated by a firm. The numbers yield interesting insights. .

Marketing 130

Marketing Hurdle Rate Investments Accounting 130

PYMNTS

JANUARY 28, 2021

By the numbers, convenience stores are America’s gas stations. Operators are also embracing technologies, such as point-to-point encryption that make sure card data remain secure (through tokenization). They account for 63.7 But the simplicity ends there. For convenience store chains and independents, fuel is a razor-thin business.

Sales 124

Sales Communication Technology Securities 124

PYMNTS

NOVEMBER 11, 2016

Fitbit also clarified that it had not had any communications from any other firm in regards to a takeover. Fitbit also clarified that it had not had any communications from any other firm in regards to a takeover. a share, compared to the $8.41 a share the common was fetching before they were halted Thursday.

Communication 43

Communication Securities Numbers Retail 43

PYMNTS

MARCH 27, 2020

Saunders explained that this system aims to improve inventory management, facilitate communication and boost productivity across the organization while also helping the company better understand how users are interacting with its vending fridges.

Communication 52

Communication Auditing Leverage Securities 52