CFO News Room

NOVEMBER 15, 2022

Slumping markets have investors pulling back from funding startups that make internet-connected devices for retailers, threatening to choke an innovation pipeline for emerging tools like smart shopping carts and inventory management robots. billion—with notable exceptions in areas like security and connected vehicles—outpacing a 22.2%

Startups 100

Startups Retail Economics Technology 100

PYMNTS

AUGUST 7, 2020

But the ripple effects are daunting, as the moves could threaten the half-trillion-dollar market for commercial mortgage-backed securities. If this becomes a tsunami of retailers rejecting their leases, it’s going to trigger another part of the sea change — the mortgages held by the landlords.”.

Retail 141

Retail Restructuring Leverage Securities 141

VCFO

JUNE 2, 2023

Navigating a New Era of Retail – Three Financial and Operational Factors The market and operating environments of retail businesses have undergone dramatic transformations since the turn of the millennium; transformations that accelerated significantly more with the outset of the COVID pandemic.

Retail 65

Retail Finance Leverage Technology 65

PYMNTS

JANUARY 18, 2021

Every year for the last 110 years , members of the retail trade group, known as the National Retail Federation (NRF), have assembled to discuss the slate of issues pertinent to its members. COVID-19, of course, didn’t cause physical retail’s steep decline — it just accelerated it. Retail is now about logistics and the last mile.

Retail 123

Retail Sales eCommerce Investments 123

PYMNTS

JANUARY 30, 2020

The inaugural Next-Gen Debit Tracker® details the evolving debit payments space and the payment methods’ role in banking and retail, as well as emerging strategies to combat fraud attempts. Card issuers, networks and retailers all must play a part in defending against such breaches. Around The Next-Gen Debit World.

Securities 73

Securities Retail Banking eCommerce 73

PYMNTS

DECEMBER 20, 2016

Unattended retail will be a $275 billion-a-year industry in three years. Which Mike Keegan, CEO of Transaction Network Services , said can only spell trouble for consumer adoption unless consumers are convinced that interacting with them digitally is totally secure. Here are the three data points they dug into.

Securities 43

Securities Retail Numbers Marketing 43

PYMNTS

MAY 8, 2020

And that actually creates a massive opportunity for retailers of all kinds to jump into the digital market, he said, and grab some market share away from giants like Amazon that have been hit by an onslaught of orders. Retailers, merchants are realizing they can actively utilize those channels because for a lot of them it’s survival.

Securities 97

Securities Forecasting eCommerce Retail 97

PYMNTS

NOVEMBER 10, 2020

Atlanta payments encryption firm Bluefin is partnering with New York mobile payments processor PAAY to advance eCommerce security. Founded in 2007 by Miles and John Perry, who serves as chief executive officer, Bluefin specializes in encryption and tokenization payment and data security. . Each $1 of fraud costs retailers $3.13. .

eCommerce 93

eCommerce Securities Compliance Technology 93

PYMNTS

JANUARY 18, 2021

Many businesses, including French sporting goods retailer Decathlon , which has 1,647 stores worldwide and two in the U.S., Decathlon faced its share of security and customer acceptance challenges when rolling out its QR code system as an alternative to cash payments. Why And How Retailers Implement QR Code-Enabled Payments.

Securities 83

Securities Retail eCommerce Technology 83

PYMNTS

FEBRUARY 25, 2020

Retailers are facing a personalization paradox. Fifty-three percent of consumers want retailers to respect their anonymity in 2020; at the same time 61 percent want more personalization in marketing, messaging and promotions. That paradox is evident between the appeal of personalization and a stepped-up need for privacy.

Retail 81

Retail Securities Marketing Technology 81

PYMNTS

APRIL 5, 2016

In the recent instance of the XSS security vulnerabilities that befell the online shopping cart Zen Cart, for example, the company acted quickly to solve its own problem. But the fact is that things don’t always sort themselves out, effectively, in the retail security game. Sometimes, that assumption is accurate.

Securities 40

Securities Retail Leadership Technology 40

PYMNTS

JANUARY 22, 2021

Young B2B FinTechs secured some of their first investments in areas that include small business accounting, alternative lending and financial management. Also securing seed funding is Bazaar, a B2B online marketplace based in Pakistan developed for the food and grocery arena to connect wholesale suppliers to retailers.

B2B 81

B2B Securities Startups Investments 81

PYMNTS

MARCH 26, 2019

Retailers in the physical world are at a real disadvantage when it comes to knowing the customers in their stores, and what they do once they get there. The list goes on, but suffice it to say, the jokes about digital retailers knowing more about customers than they know about themselves didn’t appear in the culture out of nowhere.

Retail 51

Retail Securities Startups Technology 51

PYMNTS

JUNE 26, 2019

They may enjoy strolling the aisles of physical retail, but many customers still want support features that enable them to quickly and easily find and buy items, through self-serve offerings and other automation technologies. The June Automated Retail Tracker charts all the latest developments and deployments of these models and more.

Securities 62

Securities Retail eCommerce Budgeting 62

PYMNTS

NOVEMBER 26, 2020

Social Security Administration, for example, requires recipients using its website to provide unique eight-digit codes sent via text to their smartphones in addition to their usernames and passwords when they sign up or log in. . It also outlines some of the frictions entities face when doing so. .

Securities 69

Securities Leverage Retail Numbers 69

Accountancy Today

SEPTEMBER 14, 2021

FRP’s Debt Advisory team has helped Rigby Commercial, the property arm of Blackpool-headquartered The Rigby Organisation (Rigby), secure a new £5.6m The deal was led by its Debt Advisory team, which had been briefed to help Rigby secure a new long-term funding partner following a short-term bridge lending agreement. finance package.

Securities 52

Securities Finance Investments Planning 52

PYMNTS

NOVEMBER 27, 2020

Businesses are also examining virtual card options that can allow employees to make company payments securely and conveniently during the pandemic. Firms are also prioritizing security as they transact online more heavily as well. Virtual Cards To Bring Greater Security To Transactions. Read that story in the Tracker.

Securities 78

Securities Prioritization eCommerce Education 78

PYMNTS

JANUARY 28, 2021

PYMNTS’ latest research report, Online Security And The Debit-Credit Divide , a PYMNTS collaboration with Elan based on a survey of 2,466 U.S. consumers have shifted to digital shopping channels to purchase retail products, a fourfold increase since the start of the pandemic. The report finds that 45 percent of U.S.

Securities 84

Securities Economics Retail eCommerce 84

PYMNTS

APRIL 13, 2020

Prepare for a big week of retail data, all of it unprecedented in light of the COVID-19 pandemic. Starting with the Commerce Department retail sales data on Wednesday, retailers will get a sense of how much consumers are spending and the retailers they are spending with. For retailers, there are no surprises from March.

Retail 86

Retail Sales Numbers Economics 86

PYMNTS

OCTOBER 14, 2020

Retailers therefore have to determine the number of speed bumps their customers are willing to put up with as well as the special features they can offer to encourage shoppers to overlook these minor inconveniences. . That is something that can be used [in security efforts], depending on the specific issue or the resolution.” .

Securities 60

Securities eCommerce Accounting Retail 60

PYMNTS

JUNE 24, 2020

The retailer, along with Harbin Pharmaceutical Group Holding Co., and a sizable majority of supporting secured lenders, have come to a deal “in principle” for a sale of GNC’s business. Additionally, the retailer has secured roughly $130 million in further liquidity. At that time, improved bids can be brought forward.

Retail 74

Retail Planning Pharmaceutical Securities 74

Future CFO

JANUARY 4, 2023

Digital native retail businesses are expected to see resounding success in the coming few years, but their existing strategies might need a tweak soon as traditional retailers are catching up, said Bain & Company recently. Digital native retail businesses are retailers which initially operated exclusively online, Bain defined.

Retail 52

Retail Profit and Loss Advertising Forecasting 52

PYMNTS

JUNE 26, 2020

McNicoll said the quick gains aren’t surprising, as physical retail stores essentially closed down worldwide for months. Ultimately, the luggage company secured a working capital loan from Payoneer to help finance its pivot. By contrast, it took a decade for it to hit 16 percent from less than 6 percent 10 years ago.

Retail 127

Retail Benchmarking Finance eCommerce 127

PYMNTS

DECEMBER 9, 2018

With retailers struggling to get compliant with the Payment Card Industry Data Security Standard , qualified security assessors are going to be in more demand and can offer tokenization as one way of achieving compliance.

Retail 77

Retail Compliance Securities 77

PYMNTS

NOVEMBER 1, 2020

Amazon , which is fuming over a decision by its India business partner Future Retail to sell assets to rising Amazon rival Reliance Industries , has asked India's top securities regulator to block the deal, Reuters reported. Securities regulators therefore should block the deal, Amazon reportedly argued in the letter.

Retail 64

Retail Securities Investments Sales 64

PYMNTS

JUNE 5, 2020

Partnering with FinTechs that have lax security creates very real issues: Criminals could abuse open banking-powered payment apps to launder money, for example, or take over accounts and steal victims’ funds. The federal entity is charged with monitoring the U.S. Even if your products are not covered per FinCEN in the U.S.,

Securities 69

Securities Banking Leverage Accounting 69

PYMNTS

JULY 24, 2019

Despite IoT’s popularity, however, security a nd privacy issues continue to make headlines. A popular white-label GPS tracker sold by more than a dozen companies was found to have a number of security flaws earlier this year, while a new strain of Mirai malware specifically targeting IoT devices was recently discovered.

Securities 68

Securities Transportation Communication Retail 68

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 this recent development is “a good validation of our strategy.”. million) to become a challenger bank.

Banking 86

Banking Securities Economics Retail 86

PYMNTS

MARCH 25, 2019

Thus, IoT security is becoming an essential part of modern conversations. Department of Homeland Security (DHS) and data security and privacy practice chair of D.C.-based A lot of the devices we’re talking about have no security. They weren’t built with security in mind, and there really isn’t any way to patch them.”.

Securities 82

Securities Manufacturing Retail Financial Data 82

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

NOVEMBER 8, 2020

Future Retail is attempting to prevent partner Amazon from meddling further in its $3.4 Amazon sent a letter to India's Securities and Exchange board, calling Future's statements misleading and saying the whole situation amounted to fraud. percent stake in Reliance Retail. eCommerce giant in a New Delhi court, Reuters reported.

Retail 92

Retail Sales eCommerce Investments 92

PYMNTS

FEBRUARY 28, 2020

There is no shortage of pressure points where consumers are pushing for progress – faster payments , mobile wallets, unattended retail , 5G … take your pick. But for all the pressure to push forward, there are plenty of stumbling blocks and stutter steps when it comes to providing for security, the availability of tech or access to capital.

Securities 52

Securities Retail Technology 52

PYMNTS

MARCH 27, 2020

Around The Data Protection And Security World. Security . This can leave merchants and retailers operating online platforms in various states caught in the middle, said Nicholas Ahrens, vice president of innovation for retailer trade group the Retail Industry Leaders Association (RILA), in a recent interview with PYMNTS.

Retail 79

Retail Banking Securities 79

PYMNTS

NOVEMBER 30, 2020

Fraudsters have redoubled their attacks on eCommerce channels, however, making consumers more concerned about data security. Shoppers may be reluctant to hand over their card details to every online retailer, as each transaction represents another risk that consumers’ information could be exposed in a breach.

Securities 60

Securities eCommerce Numbers Retail 60

PYMNTS

SEPTEMBER 18, 2017

How secure do you feel when it comes to payments? Two-thirds of the more than 3,000 adults surveyed said they were concerned about data security, with 38 percent of respondents believing their private information may have already been exposed. As for blaming the retailer for any number of breaches?

Securities 61

Securities Compliance Numbers Accounting 61

PYMNTS

OCTOBER 9, 2020

trillion opportunity for eCommerce retailers. Fraudsters are just as excited by this opportunity as merchants, unfortunately, making it essential for these retailers to craft robust protections to keep the data and the payment information of their consumers safe. Why Automated Tools Can Add Security To Online, CNP Transactions.

Retail 75

Retail eCommerce Securities Numbers 75

PYMNTS

AUGUST 16, 2019

Security continues to be a top IoT concern, however: Mounting data breaches and newly discovered device vulnerabilities have prompted wariness around IoT adoption. This month’s Intelligence of Things (IoT) Tracker details how these concerns are driving providers to develop new security approaches. Around the IoT World.

Securities 57

Securities Transportation Leverage Technology 57