PYMNTS

SEPTEMBER 11, 2020

Mastercard Leads New Central Bank Digital Currency Test Platform. Mastercard has unveiled a new Central Bank Digital Currency (CBDC) test platform. The redesigned app was created to meet expectations of shoppers as they move from shopping in stores to eCommerce. Trackers and Reports.

Currencies 56

Currencies Numbers Communication Banking 56

PYMNTS

NOVEMBER 12, 2018

In Chinese currency, gross merchandise value (GMV) totaled 213.5 The Chinese eCommerce retailer had been billing this year’s occasion as “the largest-ever in terms of scale and reach.”. Since then, the company said, the number of internet users in China has grown to 802 million. billion during the 24-hour shopping event.

Sales 63

Sales eCommerce Retail Currencies 63

PYMNTS

AUGUST 21, 2020

A number of them provide suggestions for the appropriate replenishment schedule. Instructors want fast payment in local currencies, and students want to use their preferred payment methods as well as home currencies. Census Says eCommerce Sales Grew 44 Pct YOY – Why It Could Be Even More Than That.

Finance 63

Finance B2B Currencies eCommerce 63

PYMNTS

JANUARY 15, 2021

In this week's news, we saw Roblox’s plans to go public through a direct listing, consumers’ preferences for a digital-first shopping experience and the rising popularity of quick-response (QR) codes. Digital game platform operator Roblox plans to go public on the New York Stock Exchange next month by a direct listing.

Currencies 58

Currencies Cash Management Retail Securities 58

PYMNTS

FEBRUARY 8, 2018

7) said Ripple announced a partnership with LianLian International, a Hong Kong-based, cross-border payments company, that plans to use Ripple’s xCurrent enterprise blockchain tool to process real-time payments coming into China. Cross-border payments related to China’s eCommerce market reached $1.07

B2B 77

B2B Invoicing eCommerce Currencies 77

PYMNTS

MARCH 26, 2019

For many firms, these trends are forcing the introduction of an FX strategy on a company for the very first time, and when corporate treasurers aren’t prepared, they can run into complications beyond the cost of currency exchange. Necessary Planning. A recent controversy at American Express highlighted that risk for SMBs.

Foreign Exchange 69

Foreign Exchange Currencies Cash Management Profit and Loss 69

PYMNTS

MARCH 1, 2019

But Software-as-a-Service emerged as a hot spot, too, with the largest investment round of the week going to a B2B eCommerce SaaS provider. Cequence plans to use the funding to focus on market expansion and further innovations of its platform, which links businesses with software to safeguard enterprise apps. Contrast Security.

B2B 75

B2B Securities Investments Startups 75

PYMNTS

JUNE 14, 2019

“We’re excited to be working on this project with Opporty, and to move forward on a number of other ambitious projects with them as well.”. However, the company claims Amazon processes upwards of 300 transactions each second — “typically making it incompatible with the digital currency.” trillion by 2025. trillion by 2025.

Technology 43

Technology Currencies Invoicing B2B 43

PYMNTS

MARCH 6, 2018

Here’s what some of the biggest names in payments and commerce are planning with this burgeoning technology. America’s eCommerce giant is reportedly playing with blockchain via its cloud computing arm, Amazon Web Services (AWS) , with a focus on health care, financial services, supply chain management, and security and compliance.

Currencies 47

Currencies Leverage eCommerce Compliance 47

PYMNTS

NOVEMBER 15, 2018

As was the case in the previous quarter, eCommerce sales and grocery were big winners for Walmart, and same-store sales logged their 16th consecutive quarter of growth. We have momentum in the business as we execute our plan and benefit from a favorable economic environment in the U.S.,” Minus currency headwinds, revenue was $126.1

Forecasting 46

Forecasting Currencies Economics eCommerce 46

PYMNTS

MARCH 19, 2019

The company had been planning to sell its flagship eCommerce business by the end of February, using the funds from the sale towards its blockchain projects. dollar token that’s fully backed by funds on deposit with a qualified SEC custodian, as well as other digital currencies, to facilitate settlement.

Sales 49

Sales Retail Banking Currencies 49

PYMNTS

JULY 10, 2020

That brings the number of retail stores that have closed since January to some 9,000. Uber plans to run Postmates as a separate company after the deal closes, but with a more efficient combined delivery and merchant network to support it. The central-bank currencies will be centralized,” Robinson said.

Currencies 60

Currencies Retail Banking Transportation 60

PYMNTS

JULY 30, 2018

dollar was not good for Netflix in the second quarter, and the company’s experience (or lack thereof) with currency hedging holds lessons for other participants in the digital economy. Put a plan in place that takes out some of that volatility for a longer period of time.”. We build a plan around client wishes.”.

Currencies 40

Currencies Foreign Exchange Risk Management Treasury 40

PYMNTS

NOVEMBER 19, 2020

While Track supports a range of payment rails, Transcard highlighted its support of the RTP network as a key value proposition within the context of B2B eCommerce. The technology is designed to combat fraud for both businesses and customers as an overlay service that operates on top of a range of existing rails.

B2B 104

B2B Reconciliations Risk Management Compliance 104

PYMNTS

JANUARY 16, 2020

To that end, the first phase of the trade deal with China tackles a number of competitive issues between the two countries, if not fully resolving them. Also, avoiding currency wars can help consumers feel a bit easier about opening their wallets in eCommerce interactions. Specific eCommerce platforms are not named.

Treasury 53

Treasury eCommerce Construction Investments 53

PYMNTS

JANUARY 6, 2017

A look at Crypto-Currency Market Capitalizations shows that, roughly in the same frame of time, the top 57 digital currencies all saw their values drop. While it remains unclear how these investment clubs relate to digital currencies, it seems plausible that the clubs were perhaps conducting fraudulent bitcoin schemes of sorts.

Currencies 40

Currencies Investments Banking eCommerce 40

CFO News Room

DECEMBER 13, 2022

If you have $15,000 to invest but plan to use the cash in the next few years, a high-yield savings account could be the way to go. At the very least, they may be getting close, and some currencies are bound to survive the crypto sell-off and stand the test of time. High-Yield Savings Accounts . Invest in Digital Real Estate .

Investments 130

Investments Accounting Finance Planning 130

PYMNTS

APRIL 6, 2018

The proliferation of eCommerce makes it difficult to believe that any business would be operating without a website in today’s market. have a website, and for those that don’t, nearly all plan to have a website by the end of this year. The Importance of China.

B2B 40

B2B Invoicing eCommerce Finance 40

PYMNTS

MAY 7, 2018

So, when Williams Sonoma said on its 2017 fiscal year conference call that it plans to close 80 underperforming stores as their leases expire within the next three years, the announcement was made without any sense of alarm or panic — and indeed, by the numbers, there was no need for either.

Retail 41

Retail Profit and Loss eCommerce Sales 41

PYMNTS

OCTOBER 10, 2019

That’s because the relationships between manufacturers and their suppliers can span a broad range of payment types and currencies as transactions cross borders. The longer the supply chain, the higher the number of regulatory and compliance hurdles. Invoice data flows seamlessly across physical, eCommerce or sales channels.

Manufacturing 46

Manufacturing Invoicing eCommerce Compliance 46

PYMNTS

NOVEMBER 14, 2019

The option lets customers choose Amazon PayCode at checkout to receive a QR code and number that is referenced when paying in cash at more than 15,000 Western Union agent locations within 24 hours. It plans to maintain its competitive lead by boosting merchants’ adoption of its payment solution. Global Preferences Matter.

Currencies 49

Currencies eCommerce Numbers Accounting 49

PYMNTS

JANUARY 18, 2021

This year, the program’s focus is on the future — how to move forward — with a number of high-profile speakers slated to offer their perspectives on what it will take for the retail sector to recover. This same research suggests that more than 75 percent of all digital shifters say they plan to keep some or all of their digital habits.

Retail 123

Retail Sales eCommerce Investments 123

PYMNTS

DECEMBER 14, 2017

The eCommerce giant teamed up with Hyperwallet to ensure that merchants using the platform could be paid quickly, in their desired currency and sans exorbitant cross-border fees. Spiking interest in cryptocurrency drove the fake app to the number-three spot in the finance app category before it was removed.

Valuation 51

Valuation Currencies Leverage Numbers 51

PYMNTS

NOVEMBER 8, 2017

In Malaysia, for instance, the government is planning to position the country as a haven for medical travelers. The service is aimed at promoting eCommerce by providing multi-currency contactless payment options, making it simpler for travelers to make payments and for local businesses to accept them.

Foreign Exchange 40

Foreign Exchange Healthcare Currencies eCommerce 40

PYMNTS

SEPTEMBER 13, 2017

It’s all about options, and — from choosing a preferred airline, travel time, number of stops and hotel chain, to deciding between more leg room or no leg room — travelers have lots of choices. But, as it turns out, it isn’t just currencies. Once the itinerary is chosen, though, the payment options aren’t necessarily as plentiful.

Currencies 43

Currencies Finance Securities Startups 43

PYMNTS

JUNE 30, 2016

is impacting everything from eCommerce sales to the value of the nation’s biggest financial institutions. Though some are planning not to react at all until they know they have something to worry about, Dangelmaier explained, others are already planning for the worst-case scenario. s decision to say “see ya” to the E.U.

Currencies 41

Currencies Benchmarking eCommerce Valuation 41

PYMNTS

FEBRUARY 15, 2019

Amazon and the city of New York managed to pull off one of history’s more spectacular break-ups this week, with the Valentine’s Day announcement that the city and the nation’s largest eCommerce firm would not be joining forces to build half of Amazon’s HQ2 in Long Island City. But a number of other people have. and Canada.”.

Investments 46

Investments eCommerce Advertising Sales 46

PYMNTS

DECEMBER 1, 2017

All in, hackers managed to nab names, email addresses and phone numbers of 50 million Uber riders around the world, as well as the data of about 7 million drivers, which includes 600,000 U.S. drivers’ license numbers. It’s a big number – but it comes as a big discount for buyers offering $32.97 We just live in it.

Valuation 57

Valuation Benchmarking Restructuring Numbers 57

PYMNTS

JANUARY 22, 2019

The shopping startup has gained some strong traction so far — ranking as number one among U.S. The firm’s plan is to use cash-back rewards to disrupt the traditional advertising industry. Dosh at this point is a purely physical retail targeted concept — and as of now Dosh has no plans to enter into eCommerce. .

Advertising 60

Advertising Entertainment Startups Accounting 60

PYMNTS

APRIL 8, 2016

Those weaknesses have been officially explained in-house — but also by analysts — as the culminating effects of consumers less inclined toward big-ticket items, currency headwinds and a less than totally well-timed weakening in Blue Nile’s core product: engagement jewelry. metro Area and one in Portland.

Retail 40

Retail Sales Forecasting Currencies 40

PYMNTS

OCTOBER 26, 2018

The plan, HSBC and Samsung jointly confirmed in a press briefing, is envisioned for wider rollout in the U.S. Financial Inclusion: The number of Americans without a bank account continues to fall , as the percentage comes to 6.5 The execs had been suspended at the request of the Office of the Comptroller of the Currency.

B2C 53

B2C B2B Forecasting Banking 53

PYMNTS

MAY 30, 2016

And to make sure that everyone starts off 2016, Part II on the same footing, we thought we would bring you a few of the top trending stories, as well as hot data/research topics, that will give you a head start on that all-important planning for 2016 and beyond. These businesses — we call them Store Fronts — number 3.8

Retail 41

Retail Banking Securities Sales 41

PYMNTS

MAY 20, 2016

Less positive — even from Walmart’s executive team’s point of views — was the growth over in eCommerce, which notched in at 7 percent. eCommerce Is “Too Slow” . “Globally, on a constant currency basis, eCommerce sales and GMV grew 7 percent and 7.5 percent, respectively.

eCommerce 40

eCommerce Retail Sales Construction 40

PYMNTS

JULY 16, 2018

In the dynamic environment in which the world operates now — one in which time is one of the most valuable currencies there is — the sunk cost fallacy can crater businesses in one of three ways. Without those two pieces of information, banks and corporates can’t plan, manage and optimize their cash. Here in the U.S.,

B2B 43

B2B Banking Investments Economics 43

PYMNTS

MAY 6, 2019

The news last Friday that Facebook has plans to launch its own global crypto-based payments rails is déjà vu all over again. Credits was a virtual currency and payments platform used to power in-app purchases on Facebook. Déjà vu because it was 10 years ago, in May of 2009, that Facebook launched the alpha version of Facebook Credits.

Currencies 83

Currencies Leverage Planning Investments 83

PYMNTS

DECEMBER 19, 2019

There may a bit of geopolitics involved, as so often is the case when large-scale national and international (commerce) plans are hatched. Consider Brazil, where, as reported in this space earlier in the week, a number of digital firms are jockeying for position to carve out at least some of the $2.2 Touring the Landscape.

eCommerce 52

eCommerce Currencies Banking Startups 52

PYMNTS

DECEMBER 19, 2019

There may a bit of geopolitics involved, as so often is the case when large-scale national and international (commerce) plans are hatched. Consider Brazil, where, as reported in this space earlier in the week, a number of digital firms are jockeying for position to carve out at least some of the $2.2 Touring the Landscape.

eCommerce 52

eCommerce Currencies Banking Startups 52