PYMNTS

JUNE 24, 2020

Now, in addition to car and personal loans on behalf of retail and institutional investors, Zopa will introduce savings accounts this week, to be followed by the addition of credit cards later this year. He said the bank hopes to break even within a year, but it will depend on the economic recovery.

Banking 86

Banking Securities Economics Retail 86

PYMNTS

FEBRUARY 18, 2020

Can monetary policy cure the ills of an economic slowdown caused by the Coronavirus ? In a series of actions aimed at boosting liquidity (and, by extension, economic stability), China’s central bank has pumped money into the country’s financial system, which had been slowing markedly even before the pandemic.

Economics 52

Economics Banking Retail Financial Systems 52

PYMNTS

MAY 16, 2019

Death, taxes and data breaches – those are perhaps the only sure things in life, and new evidence is emerging that hackers are finding increasing profit in targeting online retailers. The news comes amid yet another online retail cyberattack, this one targeting Japan’s Fast Retailing, the company that owns the Uniqlo retail chain.

Retail 87

Retail eCommerce Securities Accounting 87

PYMNTS

APRIL 1, 2020

As individuals were beginning to seek COVID-19 benefits, hackers disrupted Italy’s Social Security internet site, per the leader of the welfare agency. Tridico said he notified authorities about the incident, which has brought into question the security of the country’s online infrastructure as it grapples with the COVID-19 crisis. “In

Securities 56

Securities Transportation Economics Retail 56

PYMNTS

JANUARY 21, 2021

In a big setback for Amazon , the Securities and Exchange Board of India has reportedly approved Reliance Retail ’s $3.4 billion acquisition of Future Group ’s retail assets. Amazon had called on the Indian securities board in November to investigate Future over the issue of insider trading.

Retail 52

Retail Securities Economics eCommerce 52

CFO News Room

NOVEMBER 19, 2022

The apparel and footwear retailer also raised its full-year forecast and reported an unexpected rise in comparable store sales. The apparel retailer is in the midst of a turnaround effort that has involved scaling down inventories and streamlining its brand portfolio. Gap (GPS) – Gap shares rallied 5.1%

Profit and Loss 130

Profit and Loss Forecasting Manufacturing Sales 130

PYMNTS

MAY 15, 2019

Retail sales in the U.S. Retail sales were down 0.2 It is the latest of conflicting economic data points that have reportedly left economists struggling to explain the mood of American consumers in 2019. Retail sales represent about one-third of consumer spending, which itself represent about two-thirds of the U.S.

Sales 56

Sales Retail Economics Securities 56

PYMNTS

JUNE 10, 2020

Indonesian wholesale eCommerce market Ula has announced that it has secured $10.5 The company was formed by Nipul Mehra, who is a former FlipKart senior director of retail and a former investor at Sequoia India. million in a new seed funding round, according to an e27 report. The round was led by Sequoia India and Lightspeed India.

Securities 52

Securities eCommerce Retail Economics 52

PYMNTS

SEPTEMBER 9, 2020

Shoppers are also more reluctant to take out credit lines as ongoing economic uncertainties make it difficult for them to determine whether they will be able to repay their debts on time. How Music Retailers Can Harmonize Security And Seamlessness. Deep Dive: Keeping Security Present Even When Cards Are N ot.

Retail 64

Retail Securities eCommerce Leverage 64

PYMNTS

JANUARY 15, 2021

The holiday shopping season is the most wonderful time of the year for the retail industry. Brick-and-mortar merchants and online retailers alike often rely on end-of-year sales to generate up to 40 percent of their annual revenues and start the new year on a positive note. A notable $730 billion in U.S. A notable $730 billion in U.S.

Retail 63

Retail Leverage eCommerce Securities 63

PYMNTS

APRIL 15, 2020

Department of Commerce released its retail sales results for March, showing record-setting declines due to changes in consumer behavior and the COVID-19 lockdown. But in the details, retailers can see the damage done to some sectors and the advantage gained by others. Overall sales fell 8.7 Clothing stores dropped 50.5

Numbers 52

Numbers Sales Retail Benchmarking 52

PYMNTS

MAY 20, 2020

The last several weeks have certainly made for unexpected and unprecedented times for consumers and all players in the retail ecosystem and left a lot of businesses standing at a crossroads as they face the back half of 2020 and questions about what to do next. In other words, trust has become a primarily valuable currency of late.

Retail 75

Retail Economics eCommerce Currencies 75

PYMNTS

OCTOBER 14, 2020

The central bank of Russia is seeking to place a yearly cap on the amount of cryptocurrency that retail investors can purchase, CoinDesk reported. Investors need a net worth of over 6 million rubles (approximately $74,400) or have an economics degree to be a qualified investor.

Investments 56

Investments Retail Currencies Treasury 56

PYMNTS

NOVEMBER 21, 2020

18) by The Century Foundation, two government programs authorized by the Coronavirus Aid, Relief and Economic Security Act (CARES Act) expire on Dec. So it’s good to see some major retailers giving back for the holiday. As to what long-term lesson in retail the very unusual 2020 season has to offer? That would cut 7.3

Retail 71

Retail Advertising Accounting Economics 71

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.

Securities 52

Securities Advertising eCommerce Leverage 52

PYMNTS

NOVEMBER 8, 2018

These items include data gathering, due diligence, onboarding, commercial and contractual processes, data protection and security considerations. “We need to make it as easy as possible for newcomers to collaborate with the bigger players. “There is a lot of guidance that can really help young [FinTech firms].

Banking 76

Banking Retail Startups Treasury 76

PYMNTS

MARCH 27, 2020

Among the key drivers of that plunge: uncertainty over COVID-19, the disease caused by the coronavirus ; its spread and lethality; and perhaps most of all, the economic impact. That may portend a bit of bumpiness for retailers like Target. Retailers across the board have been inundating inboxes with gift cards — the online kind.

Retail 52

Retail Valuation Education Sales 52

PYMNTS

JULY 17, 2019

While regulatory and governmental bodies are still debating PSD2’s full reach, the latest PSD2 Tracker looks at how retailers are approaching SCA as they face potential losses under the rule. Per these findings, European businesses could lose as much as $57 billion in economic activity in the year after SCA debuts. To some degree.

Retail 65

Retail Compliance Education eCommerce 65

PYMNTS

FEBRUARY 6, 2018

Fanatics , a company that sells Team USA merchandise, has taken a novel approach to Olympic retail this year with a physical store in a major U.S. The store marks a milestone for Team USA: It’s their first in-person retail store outside the Olympic Training Center in Colorado. The Economics. Retail Gold.

Retail 47

Retail Economics Sales eCommerce 47

PYMNTS

SEPTEMBER 18, 2019

Opolis is offering the best solution we’ve seen yet that can provide the security and benefits usually restricted to traditional workplaces,” said Richard Brow, head of Community Development for MakerDAO, according to Coin Desk. Maker is looking forward to seeing how Dai can help de-risk this emerging workforce.”. “If

Manufacturing 43

Manufacturing Securities Economics Investments 43

Future CFO

OCTOBER 24, 2023

Business leaders see benefits in the adoption of non-fungible tokens or NFTs, according to a joint study by Bain & Company and the World Economic Forum. To ensure mass adoption, an NFT taxonomy tailored to the nature of each use case and a regulated legal framework for basic security and protection needs to be established.

Prioritization 52

Prioritization Education Securities Economics 52

PYMNTS

FEBRUARY 14, 2020

We have deep dives into unattended retail, rapid settlements and cybersecurity, as well as news on Mastercard receiving the go-ahead from China’s central bank to set up a bank clearing business. Is No-Factor Authentication Digital Security’s Future? NEW DATA: Consumers Like Cashier-less Retail But Retailers Aren’t Hitting The Mark.

Retail 56

Retail Profit and Loss B2B Banking 56

PYMNTS

NOVEMBER 20, 2017

His economic principles were what inspired President Lyndon B. For instance, economics, he once said , is a useful form of employment for economists. And that the only function of economic forecasting is to make astrology look respectable. Meetings, he also said , are indispensable if you don’t want to do anything.

Retail 54

Retail Math Leverage Economics 54

PYMNTS

NOVEMBER 19, 2020

While recognizing that digital currencies do pose risks, including the possibility of imposing “a macro-economic cost,” Haldane argued that a digital currency could mitigate technological constraints on lending, provide additional payments security, and increase stability. “I In other news, the U.S.

Currencies 89

Currencies Economics Banking Securities 89

Future CFO

OCTOBER 2, 2023

AI is being adopted by Japanese industries to improve productivity, quality control, risk management and customer experiences, thereby driving economic growth and technological leadership. 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

OCTOBER 22, 2020

Online clothing retailer ThredUP has filed confidentially for an initial public offering (IPO) in the U.S., Another used clothing retailer, Poshmark , also recently filed for IPO, after delaying that move for around a year to focus on growing sales and boosting its business. Securities and Exchanges Commission (SEC).

Retail 89

Retail Economics eCommerce Sales 89

PYMNTS

NOVEMBER 6, 2020

Walmart is leaving Argentina, announcing a deal to sell its stores there to a regional grocery chain amid an economic crisis that is gripping the South American country. Walmart, the world’s largest brick-and-mortar retailer, announced Friday (Nov. Walmart did not disclose the price of the deal, but it did report to the U.S.

Economics 61

Economics Currencies Retail Securities 61

PYMNTS

FEBRUARY 6, 2019

It is not easy to take the leap of faith believing in such an unconventional company, which strives to meet both economic and social needs of users, and to make a positive impact to the society,” he wrote. He told shareholders it could take as long as a decade before the company reaches its full potential. “It

eCommerce 53

eCommerce Profit and Loss Securities Entertainment 53

Future CFO

APRIL 24, 2022

The sensitivity of APAC corporate sectors to the fallout reflects three channels of risk transmission: a commodity price shock and supply disruptions; economic and financial disruption with the tightening of funding conditions; and security risks, Moody’s pointed out. .

Economics 97

Economics Securities Retail Investments 97

PYMNTS

APRIL 6, 2016

The news from the Bureau of Labor Statistics (BLS) last week that the retail industry added 48,000 new jobs in March — bringing the increase to 378,000 new jobs over the past 12 months — appears to be positive on a number of fronts. And while the number of retail jobs in the U.S. While it’s reasonable to presume that any U.S.

Retail 40

Retail Manufacturing Profit and Loss Financial Analyst 40

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

CFO News Room

DECEMBER 9, 2022

home improvement retailer. a sporting goods and outdoor recreation retailer. Executives from auto retailer. internet retailer. Given the excise tax that takes place in ’23, it makes more economic sense to do more in ’22,” Mr. Gasior said on the call. Companies in the S&P 500 would have paid a combined $1.93

Finance 100

Finance CFO Corporate Finance Healthcare 100

PYMNTS

NOVEMBER 1, 2017

Potential regulatory uncertainty aside, however, Mastercard CEO Ajay Banga was upbeat about the results – and what’s next, particularly as it relates to securing an increasingly digital commerce-based world. “As the world becomes more connected, we remain very focused on security. “Safety and security is a key priority.”

Retail 45

Retail Securities Forecasting Marketing 45

PYMNTS

OCTOBER 9, 2020

The reverberating economic uncertainty and drastic shifts the pandemic has brought upon most industries have handed cybercriminals unique and multiplying opportunities to enact new and improved schemes. Digital-first banks, insurance firms and merchants are tasked with protecting against the schemes to keep their customers’ data secure.

Securities 83

Securities Healthcare Banking Accounting 83

PYMNTS

JULY 7, 2020

Amazon has made moves with Prime to help out economically disenfranchised families who used to spend time shopping at Walmart, per the report. These offerings are a response to the company’s troubles during the pandemic, where it has found some problems with securing delivery spots due to the dramatic increase in demand, Vox writes.

Entertainment 76

Entertainment eCommerce Retail Economics 76

PYMNTS

OCTOBER 8, 2020

Affirm has announced a filing for an initial public offering (IPO), according to a press release , and the company has submitted a draft to the Securities and Exchange Commission (SEC). The number of shares that will be offered and the price range have not been determined, the release stated.

Valuation 100

Valuation Economics eCommerce Securities 100

PYMNTS

MARCH 10, 2017

What if we were to tell you that retail shopping isn’t dead? That’s bad news for commercial mortgage-backed securities tied to real estate, where loan viability and payments visibility remains in doubt if rent is not there to cover interest payments or if no tenants are left to pay said rent. Bricks and Mortar , Alive?

Retail 48

Retail Currencies Financial Systems Securities 48