PYMNTS

JULY 21, 2017

So started Affirm’s Co-Founder and CEO Max Levchin ’s remarks at his firm’s first-ever AFFIRMation conference for its retail partners in San Francisco yesterday. “Finance is pretty broken.”. Levchin, by his own description, has spent his career in financial services and founding companies — “some of which succeeded, some didn’t.”

Finance 44

Finance Retail Risk Management Numbers 44

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

FEBRUARY 24, 2016

When it comes to a retailer protecting its assets — digital and otherwise — the intrinsic assumption might be that the focus ought to look outward. But the reality is that the greatest security threat facing retail companies, according to a number of recent surveys, often comes from within. In a story posted yesterday (Feb.

Retail 40

Retail Securities Risk Management Sales 40

PYMNTS

OCTOBER 1, 2020

The addition of Verifi’s technology to Visa’s risk management solutions will introduce greater collaboration and insights to help resolve disputes quickly.” . The new tech tools, Visa said, will be integrated with the rest of its risk management services, including those delivered by CardinalCommerce and CyberSource. .

Profit and Loss 73

Profit and Loss Risk Management Communication Leverage 73

PYMNTS

JANUARY 18, 2021

Incidentally, there is no one-size-fits-all solution to tackling these risks, as one firm’s best practices may not be as effective for another’s operations. Each company’s risk management approach must therefore be tailored to its specific business needs.

Foreign Exchange 127

Foreign Exchange Treasury Risk Management Corporate Finance 127

PYMNTS

MAY 5, 2016

Absolutely no need to panic, then — unless the topic is retail bankruptcies , which increased year over year by 24 percent. Such is the double-edged sword of a retail industry swept up in innovation. For every new path cut through the market, the retailers standing in the way are cut down. January — Wet Seal. As of Feb.

Retail 44

Retail Restructuring Planning Sales 44

PYMNTS

NOVEMBER 6, 2020

Payments are no exception,” she said, noting that a variety of firms – from retailers to insurance providers – are tailoring their customer journeys to meet consumer demands. For instance, machine learning and other advanced technologies can boost fraud- and risk-management capabilities.

Risk Management 109

Risk Management Securities Retail Accounting 109

PYMNTS

DECEMBER 6, 2018

The “worried” percentage rises to 58 percent for those in the retail, wholesale and food sectors. He stated, too, that currency risk management is often not a priority for many SMBs on a day-to-day basis. Among those most exposed to volatility, impact could be the swiftest in the retail and industrial sectors, said Ali.

Currencies 53

Currencies Foreign Exchange Risk Management Retail 53

PYMNTS

APRIL 23, 2020

Hypur will bolster Salal’s network of cannabis retailers and wholesalers via different digital payment offerings. Beuerlein continued, “We are excited to continue helping cannabis companies thrive with Salal, which is also known for their trusted operations across compliance, regulations and risk management.”.

Risk Management 72

Risk Management Compliance Leverage Startups 72

PYMNTS

APRIL 2, 2020

It is key to risk management functions, which entail assessing the likelihood that any given transaction could be fraudulent or present a credit risk. When number crunching is needed, however, data analytics can help. Data Analytics Behind the Scenes.

Banking 94

Banking Risk Management Credit Risk Valuation 94

VCFO

APRIL 21, 2022

He is particularly skilled in strategic planning, resource management, operations management, forecasting, credit and collections, due diligence, financial reporting and documentation, private equity, bank financing, risk management, compliance, and banking relationships.

CFO 52

CFO Strategic Planning Auditing Leadership 52

PYMNTS

DECEMBER 10, 2020

And in banking, financial institutions can incorporate artificial intelligence into their consumer credit strategies at a time when a retroactive approach to credit risk management has become less feasible amid COVID-19. All this, Today in Data. Data: $189B : Amount that U.S. 80%: Share of banking interactions done online in 2020.

Credit Risk 102

Credit Risk Risk Management eCommerce Banking 102

PYMNTS

AUGUST 3, 2016

The dog days of summer are finally upon the retail world, and if department stores didn’t take the spring and early summer to make up for the slow sales of a warm winter, it might be too warm and muggy to do much about that now. While North American retailers don’t seem to have had the best week, what about the rest of the world?

Retail 40

Retail Restructuring Sales eCommerce 40

PYMNTS

AUGUST 24, 2018

That means retailers and other companies need to up their risk management and hedging games — and do so before one crisis or another (a currency collapse in Turkey one week, who knows what next?) A long-term and proactive look from the point of view of the financial hedging and risk management opportunities.

Risk Management 40

Risk Management Currencies Manufacturing Forecasting 40

PYMNTS

NOVEMBER 12, 2020

Visa is launching a new program designed to connect European FIs and retailers with state-of-the-art digital payment services. Mastercard’s Vocalink’s offering supports the requirements of Payments Canada, such as the Bank of Canada’s risk management criteria and ISO 20022. Plus, Railsbank has closed a $37 million funding deal.

Risk Management 57

Risk Management Compliance Forecasting Banking 57

PYMNTS

SEPTEMBER 18, 2018

The conversation also underscored the growing important of currency hedging, foreign exchange and risk management for businesses of all types. What are the signals saying when it comes to such areas as trade, currency risk and emerging market stability? “If So, what is the state of the global economy these days? That’s not all.

Foreign Exchange 62

Foreign Exchange Currencies Risk Management Cash Management 62

PYMNTS

SEPTEMBER 20, 2018

ProfitStars , the Jack Henry & Associates division that provides risk management solutions for financial institutions, announced its latest fraud tool on Wednesday (Sept. “Our iPay ESM solution delivers sophisticated fraud analytics, eases compliance and provides powerful reporting capabilities to financial institutions.

Banking 62

Banking Compliance Risk Management Securities 62

PYMNTS

JUNE 28, 2019

The addition of Verifi’s technology to Visa’s risk management solutions will introduce greater collaboration and insights to help resolve disputes quickly.”. According to Visa, the new tech tools will be integrated with the rest of its risk management services, including those delivered by CardinalCommerce and CyberSource.

Risk Management 49

Risk Management Communication Technology Numbers 49

PYMNTS

AUGUST 8, 2019

The collaboration gives the 12,000-plus national ACTA members an opportunity to tap into Western Union’s payments expertise and knowledge of foreign currency transactions and currency risk management, according to a Western Union press release on Thursday (Aug.

Currencies 71

Currencies Risk Management Leverage Accounting 71

PYMNTS

MAY 27, 2020

That includes catching when data stolen via one banking channel is being used to enable ATOs in other channels, according to Daniel Cohen, head of anti-fraud products and strategy at risk management solutions provider RSA. Otherwise, the fraud could continue unnoticed.

Banking 98

Banking Treasury Risk Management Securities 98

PYMNTS

OCTOBER 7, 2016

Plati Potom develops post-payment solutions for eCommerce and offline retailers, as well as data analysis and credit risk management tools. For QIWI, this transaction is another step in implementing its M&A strategy of investing in promising teams and technologies in the FinTech space.

Data Analysis 55

Data Analysis Credit Risk Risk Management eCommerce 55

PYMNTS

FEBRUARY 27, 2019

As real-time payment schemes spread worldwide, stakeholders need to examine the impact these rails will have on their risk management strategies. However, new payment rails are also opening new lines of attack for fraudsters.

Reconciliations 57

Reconciliations Risk Management Leverage Securities 57

PYMNTS

SEPTEMBER 13, 2018

Wissema told PYMNTS that prepaid cards can be an effective tool in risk management, as the cards pre-load multiple currencies at pre-determined exchange rates.

Foreign Exchange 40

Foreign Exchange Risk Management Currencies B2B 40

CFA Institute

JULY 14, 2022

Spencer Jakab argues that Wall Street, not the everyday retail investor, won the meme stock revolution.

Retail 93

Retail Risk Management Economics 93

PYMNTS

NOVEMBER 22, 2016

Digital risk management company RiskIQ released its Black Friday eCommerce Blacklist , which identified that one in 10 Black Friday-specific apps out of the 5,315 total that can be found searching “Black Friday” in global app stores is malicious. Black Friday isn’t just delivering on the deals this year.

eCommerce 68

eCommerce Risk Management Leverage Sales 68

PYMNTS

JANUARY 20, 2020

In the past, however, the industry would think of fraud and risk management as separate processes and managing the data associated with payment details as well as credentials as a separate task. If companies receive a one-sized-fits-all approach, they might not be able to stand out in the ways that they wish to do so in retail.

Reconciliations 58

Reconciliations B2C Risk Management B2B 58

PYMNTS

MAY 23, 2017

OA: As president of Western Union Global Money Transfer, I oversee our global person-to-person money transfer via our combined digital and retail walk-in agent network that connects more than 200 countries and territories. PYMNTS: What does a day in your life look like?

Compliance 76

Compliance Risk Management Prioritization Retail 76

PYMNTS

JANUARY 11, 2018

That category, according to Burnside, contains about 145 million consumers – who, he noted, have very particular points of need where underwriting and risk management capabilities are severely underdeveloped. Breaking New Ground. .

Risk Management 43

Risk Management Finance Sales Construction 43

PYMNTS

SEPTEMBER 6, 2016

ACI will be powering EBH’s updated electronic payment options using ACI’s UP Retail Payments solution. ACI’s UP Retail Payments solution will focus on payment type, channel, currency or network and also intends to help EBH to protect the bank’s existing infrastructure regarding its investments and payments.

Banking 40

Banking Risk Management Currencies Retail 40

PYMNTS

OCTOBER 24, 2018

It turns out that, for online retail last year, the “fraudliest day” was Dec. It’s worth noting whether fraud is rising as transactions are on the upswing, and whether they need to allocate resources to fraud and risk management during specific times of the year.

Risk Management 63

Risk Management Accounting Retail Planning 63

PYMNTS

SEPTEMBER 26, 2016

Last fall, Capgemini released a report, “ Privacy Please: Why Retailers Need to Rethink Personalization ,” which showed that 93 percent of more than 220,000 consumers surveyed expressed serious doubts over retailers’ abilities to protect consumer data in the event of a cyberattack.

Risk Management 73

Risk Management Cash Management Compliance Securities 73

PYMNTS

JANUARY 10, 2020

With roughly 17 million active users each month and 30,000 diverse online retailers, Honey has delivered some $1 billion in savings to shoppers in the past year. Citigroup Names New Retail Banking Leader. David Chubak will head all retail sectors — branches, mortgages, wealth, risk management and small business, according to a memo.

Healthcare 52

Healthcare B2B Startups Risk Management 52

CFO Talks

OCTOBER 26, 2022

The Authority is a relatively small entity, it regulates the retail and micro-manufacturing of liquor in the Western Cape. So my responsibility there is to lead the whole finance function, which involves strategic leadership, financial management, supply chain and risk management.

CFO 98

CFO Auditing Leadership Budgeting 98

PYMNTS

APRIL 10, 2017

This comes just a few days after Wells Fargo’s Chief Executive Tim Sloan issued an open letter in which he discussed “progress that I want to share with you” in the wake of the well-publicized settlement over the bank’s retail sales practices; many of those initiatives were previously reported.

Risk Management 40

Risk Management Accounting Sales Retail 40

PYMNTS

SEPTEMBER 24, 2020

“This collaboration represents a new method for payment authentication that will simplify the payment management of any vehicle. This method enables payments to have regulatory and security elements, creating a comprehensive banking and risk management solution specifically designed for vehicles,” the company said in a statement.

Risk Management 99

Risk Management Technology Securities Accounting 99

PYMNTS

OCTOBER 17, 2016

On pace to more than triple its year-over-year loan volume, Affirm will leverage the facility to continue its expansion of consumer-friendly point-of-sale financing at leading online and offline retailers, the company said in a press release.

Credit Risk 51

Credit Risk Risk Management Leverage Finance 51

PYMNTS

JULY 25, 2017

Retailers and merchants are losing more than $3 for every dollar of fraud incurred as recently as 2014, and that number was up from $2.79 BI Intelligence reported news that retailers declined $8.6 This is a certification given to retailers requiring advanced fraud and risk management smart technology for regular fraud checks. .

Retail 48

Retail eCommerce Risk Management Securities 48