PYMNTS

OCTOBER 20, 2020

News Tuesday (Oct. 20) that Google faces an antitrust suit from the Department of Justice — focused on the core search business — makes us wonder what, if anything, might happen to other business lines that, though nascent, represent bids to join and at the same time foster the connected economy. Aiding SMBs .

Budgeting 52

Budgeting Banking eCommerce Numbers 52

PYMNTS

NOVEMBER 25, 2019

Business Insider reported on Friday that as early as 2015, Facebook created a facial recognition smartphone app. A Facebook spokesperson told news outlets in a statement that it’s not out of the ordinary for the company to develop apps for internal use only. .” Facebook is now making facial recognition an option for users.

Technology 52

Technology 52

PYMNTS

OCTOBER 9, 2020

Google is experimenting with new features to drive online shopping dollars to YouTube and is encouraging some creators there to tag and track any products used in their videos. Sources familiar with the situation told the news outlet that the hope is that YouTube’s millions of videos can be turned into shopping opportunities.

eCommerce 57

eCommerce Advertising Startups Sales 57

PYMNTS

MAY 28, 2020

In today’s top news, Google reported a resurgence of hacking and phishing attempts in April, and tech companies are making deals at their fastest pace since 2015. Plus, Samsung and SoFi have partnered to offer a new mobile money management tool. Google Reports Resurgence in Pandemic Hacking, Phishing.

Economics 52

Economics Banking Investments Finance 52

PYMNTS

DECEMBER 11, 2020

In today’s top news, FinTech startup Tink raised €85 million to bring its valuation to €680 million, and Starbucks plans to shift more toward drive-thru and online ordering. New Funding Values Swedish FinTech Startup Tink at $824 Million. Visa's Cybersource: The Frictionless Fix Is in for Physical Retail’s Broken Business Model.

Valuation 56

Valuation Startups eCommerce Banking 56

PYMNTS

FEBRUARY 19, 2018

According to reports from within those firms, the service is a competitive advantage against other marketplace businesses that make their workers wait to get paid. That news comes as apps such as Earny can analyze credit card spending. Lyft , Care.com and goPanache all already are participants in the program. About two in 10 — or 17.8

Startups 57

Startups Retail Banking eCommerce 57

PYMNTS

AUGUST 24, 2020

Here’s the latest news from Facebook, Amazon and others, which are coming under increasing scrutiny from regulators, trade groups and politicians the world over. The news comes as a new Indian equalization measure came into existence in 2020 that puts a 2 percent tax on every digital transaction that foreign online shopping firms conduct.

Compliance 61

Compliance eCommerce Retail Marketing 61

PYMNTS

OCTOBER 6, 2019

The news comes as Omni has been struggling. Launched in San Francisco as an on-demand storage company that would pick up and tag items from your home, then store them in a warehouse, it eventually started to expand into other cities. The startup has also received interest in its engineering team from Thumbtack.

Startups 46

Startups Education Planning 46

PYMNTS

MAY 11, 2017

Bloomberg News reported Wednesday that dealmakers on China’s mainland are “struggling to cope with tighter capital controls” and a more cautious deal-making landscape. These “break fees” can be as high as 10 percent of a deal’s headline price tag, up from 2 percent seen in past years. Investments would be topped off at $10 billion.

Investments 40

Investments 40

PYMNTS

OCTOBER 9, 2019

Social media is taking a lot of fire these days, whether the issue is “fake news” or data privacy or just the time-wasting tendencies of many users. The feature is available through just-added stickers in Instagram Stories and tags in a person’s feed, and can be set with details like the date and product details.

Retail 47

Retail eCommerce Sales Marketing 47

PYMNTS

APRIL 12, 2019

To help grow its business in India, Naspers-owned PayU has acquired U.S.-based The news comes as PayU announced the acquisition of payments technology platform ZOOZ last July. In a press release at the time, PayU said the price tag was undisclosed, but noted the deal supported the company’s expansion into high-growth markets.

Leadership 43

Leadership Startups Securities Investments 43

PYMNTS

JUNE 21, 2018

To condense business conversations and tasks into one place, Shopify has launched a new mobile app dubbed Shopify Ping. It’s a one-stop messaging app that lets them spend more time on what matters most — running their businesses seamlessly and deepening customer relationships.”.

eCommerce 47

eCommerce Sales Accounting Planning 47

PYMNTS

SEPTEMBER 4, 2020

The PYMNTS Weekender has all the latest reading material on payments and commerce news you'll need for the long weekend. In the Inspiring Trust In The New Digital Economy Report, PYMNTS surveyed 2,437 consumers to find out the 16 features key to gaining their trust and earning their business.

Banking 70

Banking Retail eCommerce Leverage 70

PYMNTS

MAY 3, 2018

A spokesperson for Instagram told TechCrunch that users can now make payments to a limited number of businesses, such as restaurants and salons. Instagram had mentioned in 2017 that it would “roll out the ability to book a service with a business directly from their profile later this year.”

eCommerce 42

eCommerce Securities Retail Numbers 42

PYMNTS

JULY 2, 2019

The price cuts were prompted by lower-than-anticipated demand for iPhones in China, Taiwan and Hong Kong, the news outlet reported. Apple blamed its fourth-quarter revenue shortfall on its China business, with CEO Tim Cook saying at the time that the shortfall was 100 percent due to iPhone sales, largely in China.

Sales 43

Sales Accounting Marketing Technology 43

PYMNTS

FEBRUARY 5, 2020

As has been widely reported, the Intercontinental Exchange (ICE), which owns the New York Stock Exchange (NYSE), has made an offer to buy eBay. Along the way, the company sold its StubHub event ticketing business to Swiss firm Viagogo, an online resale marketplace, for a bit more than $4 billion. The Core Business. No, thanks.

CFO 53

CFO Sales Marketing Investments 53

PYMNTS

APRIL 1, 2019

The price cuts were prompted by lower than anticipated demand for iPhones in China, Taiwan and Hong Kong, the news outlet reported. Apple blamed its fourth-quarter revenue shortfall on its China business, with CEO Tim Cook saying at the time the shortfall was 100 percent due to iPhone sales, largely in China.

Sales 43

Sales Accounting Marketing Technology 43

PYMNTS

MAY 15, 2019

Special tags can trigger purchases with Apple Pay without the need for a special app. iPhones can read a near-field communication (NFC) tag that is specially encoded to display an interface for an Apple Pay purchase when a user holds a device near it. And tech companies are already working with retailers on payments innovation.

Entertainment 44

Entertainment Retail Technology Communication 44

PYMNTS

JULY 21, 2017

And, in other news, Paysafe is making its own play for payment services provider Merchants’ Choice Payments Solutions (MCPS). The price tags attached to the deals were reported as $3.7 The $470 million price tag will be funded by $90 million in cash and a $380 million loan. billion and $470 million, respectively.

Sales 43

Sales Marketing 43

PYMNTS

MAY 10, 2017

When it comes to growing a business, social media matters. Leveraged to a business’ advantage, social media can be a key to success in consumer adoption, conversion and retention. Small Business Council. Small Business Council. The council, comprised of 11 U.S.-based

Leverage 40

Leverage Construction eCommerce Advertising 40

PYMNTS

SEPTEMBER 14, 2018

News came Friday (Sept. Metro has said it wants to train its sights on its wholesale business. Amazon, of course, is no stranger to the food business, having bought Whole Foods in 2017. And a $1 billion price tag? A possible deal for Amazon – one worth $1.2

eCommerce 55

eCommerce Sales Retail Marketing 55

PYMNTS

JANUARY 9, 2017

As of now, customers must still manually scan their purchases before the system bags for them since not every item in the store has been fitted with an electronic pricing tag. Lawson said every item should have a tag by the end of February. In brick-and-mortar news, Sprouts Farmers Market plans to open 11 new stores across five U.S.

Forecasting 49

Forecasting Planning Investments Marketing 49

PYMNTS

DECEMBER 26, 2019

Items considered as exempt medical necessities in some states may be taxed at high rates in others, and businesses cannot afford to be caught by surprise. Businesses are pushing back, however, arguing that such demands may not be legal. National Retailers On Staying Compliant When Tax Exemptions Are Only Statewid e.

Compliance 52

Compliance Sales Retail eCommerce 52

PYMNTS

DECEMBER 28, 2020

With Mastercard putting a 49 percent tag on the eCommerce spike for the holidays, this year will be the toughest on record for handling what is a resource- and capital-intensive task. The dreaded returns season has hit retail with a predictable but painful thud. But while the season is here, it doesn’t have to be a time of dread.

Retail 86

Retail Auditing eCommerce Forecasting 86

PYMNTS

AUGUST 15, 2019

In a report issued Wednesday by Nomura analysts, the overreaching takeaway is that there is indeed potential for disruption, but the longer term is, well, very long term, according to Investor’s Business Daily. Nomura estimates a price tag of $350 per consumer in terms of acquisition costs, which means breakeven is several years away.

Profit and Loss 59

Profit and Loss Economics Banking Accounting 59

PYMNTS

JUNE 26, 2019

In addition, shoppers see value in personalized offers that match their buying preferences, or the ability to use their phones to scan a tag and place an online order for an out-of-stock item. In more recent news, the company rolled out a new inventory optimization algorithm to more effectively allocate inventory to its client base.

Retail 55

Retail Entertainment eCommerce Planning 55

PYMNTS

JUNE 10, 2019

Government procurement moved to the spotlight last week when New York City Comptroller Scott Stringer announced he is closely monitoring the state’s eProcurement project following reports of surging costs. “Businesses come in to help run government, and they’re selecting options that come out of the private sector.”

Compliance 58

Compliance Invoicing Leverage Technology 58

PYMNTS

OCTOBER 4, 2019

There are also digital price tags for every item, and Prime members can pay the discounted online price for their selections at the store. A data team from the eCommerce retailer determines what is sold at the locations, Amazon Physical Stores Director Drew Sheriff told MetroWest Daily News. In Other Brick-and-Mortar News.

Retail 43

Retail eCommerce Investments Numbers 43

PYMNTS

JULY 2, 2019

Laid-off team members were told that Mobike was ramping down its business, but they weren’t told why. Even so, it’s difficult to take these two bits of news and say exactly what is really happening in the sharing space for bikes and scooters, except to say that things are happening.

Transportation 43

Transportation Retail Technology Marketing 43

PYMNTS

MARCH 28, 2018

Customer trust is lost, reputations are damaged, but putting a price tag on these implications is difficult. The saga, along with mounting concerns over “ fake news ,” are, in many ways, pushing corporate cybersecurity in a new direction, says Kevin Lee, the trust and safety architect at cybersecurity firm Sift Science.

Securities 44

Securities eCommerce Accounting CFO 44

PYMNTS

NOVEMBER 15, 2016

say that technology would help to increase sales, make their restaurant more productive and give their business a competitive edge. Consider the beacon technology used at Frames in Tokyo, the robotic waitstaff in Shanghai or even the Brekk-E-Tag at Hungry Jack’s in Australia. About 80 percent of restaurant owners in the U.S.

Technology 64

Technology Startups Retail Numbers 64

PYMNTS

OCTOBER 18, 2018

To learn more about their customers and increase foot traffic, retailers are testing out new business ideas. Clothing stores, in particular, are trying out new ways to showcase and sell items. The vast majority of retailers believe in trying new business approaches.

Retail 58

Retail eCommerce CFO Planning 58

PYMNTS

APRIL 14, 2020

Even for firms that were already in that business to start with. And while Peloton is one well documented case of delays, tales of sold-out yoga mats, free weights, resistance bands, exercise balls and all make and manner of home fitness equipment have abounded in the national news. Digital Fitness Firms Thriving.

Startups 56

Startups Sales Investments Planning 56

PYMNTS

MARCH 25, 2019

While the competition part of the story is usually where the action is in payments and commerce – who’s ahead, who’s behind, who’s innovating, who’s imitating – sometimes the news isn’t about who is getting ahead, but who is working harder to get there. So why is everyone suddenly working so hard to play well with others? merchant customers.

Reconciliations 50

Reconciliations eCommerce Retail Currencies 50

PYMNTS

FEBRUARY 9, 2017

This indicates that, despite the overall growth slowdown, Facebook’s push to introduce live videos and become a source of news content continues to draw more of its users into daily sessions. Moving forward, new features and services will be what maintain and increase consumer engagement on Facebook. Daily active users hit 1.23

Transportation 46

Transportation Advertising Numbers Accounting 46

PYMNTS

SEPTEMBER 19, 2019

For the food industry — that waste adds up to a $990 billion price tag, according to Alex Garden, chairman and CEO of Zume Inc. Delivery has changed the face of the food business on a global scale Gardener noted — and as large a force as it is today, valued at $35 billion — it is expected to grow by more than twenty-fold to $365B by 2030.

Leverage 53

Leverage Transportation Manufacturing Marketing 53

PYMNTS

OCTOBER 5, 2018

But of course the more interesting information in that SEC filing is the news that Revolve is about to take its large audience — 7.3 It’s been described as a “fancy price tag,” particularly for an eCommerce up-and-comer most people have never heard of.

Leverage 54

Leverage eCommerce Valuation Retail 54