PYMNTS

FEBRUARY 28, 2020

We get that a lot,” said Shift Co-CEO Toby Russell of the stereotype. “We We get that a lot,” said Shift Co-CEO Toby Russell of the stereotype. Shift has been in the used car business since December 2013, born out of a series of frustrating experiences the founders had with car buying. All DMV paperwork is handled by Shift.

Marketing 96

Marketing Finance Sales Technology 96

PYMNTS

AUGUST 12, 2020

That means, BigCommerce wrote, that desktop use is shifting to mobile, and that enterprises must deliver highly personalized online shopping experiences across channels. That means, BigCommerce wrote, that desktop use is shifting to mobile, and that enterprises must deliver highly personalized online shopping experiences across channels.

eCommerce 110

eCommerce Valuation Marketing Finance 110

PYMNTS

MAY 19, 2020

The digital shift will not have paper coupons. We’ve built our business around a large secular shift to digital. The current environment is accelerating this shift faster than ever as consumers change their shopping behaviors and retailers and CPGs rise to meet the challenges of today.”. percent industry-wide year over year.

eCommerce 95

eCommerce Manufacturing Retail Economics 95

PYMNTS

JULY 17, 2020

The following is an excerpt from How 35 Execs Are Powering The Great Digital Shift Of 2020 (And Beyond) , contributed by Drew Edwards , CEO at Ingo Money. “As consumer and business digital adoption has catapulted over the last 12 weeks, when it comes to payments, there are certain status quos we will no longer accept.”.

Banking 96

Banking 96

PYMNTS

AUGUST 5, 2020

In retail technology, Yotpo is helping brands capture the digital shift by making a compressed marketing stack for online shopping. Social shopping is the newest hot trend fueled by the pandemic, as new startups are emerging and established brands such as Macy’s are catching up to capture this area. All this, Today in Data.

Retail 105

Retail Startups Banking Numbers 105

PYMNTS

JULY 17, 2020

The following is an excerpt from How 35 Execs Are Powering The Great Digital Shift Of 2020 (And Beyond) , contributed by Brad Wiskirchen , CEO at Kount. The following is an excerpt from How 35 Execs Are Powering The Great Digital Shift Of 2020 (And Beyond) , contributed by Brad Wiskirchen , CEO at Kount.

eCommerce 89

eCommerce Securities Accounting Retail 89

PYMNTS

DECEMBER 10, 2020

While credit is an important part of millennials’ shopping lives, this generation has unique spending priorities, particularly when it comes to online shopping — and these priorities are looming even larger since the pandemic shifted much of commerce online. It has been suggested that millennials are averse to having and using credit cards.

Budgeting 96

Budgeting Finance Securities Planning 96

PYMNTS

APRIL 22, 2020

For example, online car buying platform Shift has launched a series of aggressive moves aimed at keeping the business going during the crisis and perhaps setting the stage for an acceleration to digital car buying after the coronavirus crisis clears. Shift has adapted its model to deal with the COVID-19 pandemic.

Marketing 78

Marketing Communication Advertising Sales 78

PYMNTS

OCTOBER 20, 2020

Since the start of the COVID-19 pandemic, retailers, business leaders and consumers have all been trying to wrap their heads around the shifts in retail and payments. Since the start of the COVID-19 pandemic, retailers, business leaders and consumers have all been trying to wrap their heads around the shifts in retail and payments.

Prioritization 87

Prioritization Retail Technology 87

PYMNTS

MAY 21, 2020

Among those will be – or should be – a tome on how the great shift to digital commerce drove merchants to connect to multiple services. In an interview with Karen Webster, Justin Benson, CEO of Spreedly , said the shift is a critical one, requiring merchants to rethink how they approach payments and, as a result, optimize revenues.

Math 102

Math Reconciliations Sales Communication 102

PYMNTS

DECEMBER 28, 2020

Looking back, when we take stock of what happened and sift through the chaos and heartbreak of the year that was, we’ll see the seismic shifts that took place in 2020. Big Tech firms face significant political and policy challenges and redefine themselves for the new decade. Odds are that you do now.

Numbers 108

Numbers Technology 108

PYMNTS

OCTOBER 21, 2020

The pandemic has shifted priorities in regulatory policy tied to the financial services industry — and for Europe, it is heralding the emergence of a data-driven economy. Maniati noted the transformation had been in place well before COVID and has stretched back over five years, but has seen some urgency in recent months.

Banking 126

Banking Currencies Leverage Technology 126

CFO Talks

JUNE 1, 2022

Businesses world-wide gained first-hand experience of the financial impact that resulted from this massive corporate culture shift. What makes culture shifts difficult to navigate and lead in an organisation is that it’s coupled with change. It is important to know that cultures change – it is inevitable. Culture affects profitability.

Numbers 52

Numbers CFO Leadership Budgeting 52

PYMNTS

MAY 22, 2020

The pandemic is accelerating the shift to digital at speeds no one could have imagined just a few months ago. That’s a wholesale shift that moves beyond prior efforts by corporates large and small to digitize day-to-day operations. This in turn is disintermediating traditional distribution methods and supply chains in the process.

Treasury 93

Treasury Numbers Forecasting Leverage 93

PYMNTS

JUNE 30, 2020

We queried 35 payments executives about their individual efforts to fast-track the leap to digital and recount what has happened in the past 12 weeks — and what will need to happen moving forward to keep that digital shift in play. That may entail shifts in the way payments get done, in terms of speed.

B2B 107

B2B Leverage Banking 107

Future CFO

JUNE 6, 2022

To achieve autonomous finance, CFOs must make three key mindset shifts, said Gartner recently at the opening keynote of the Gartner CFO & Finance Executive Conference. According to the firm, the three key mindset shifts for achieving autonomous finance are as follow.

Finance 52

Finance Budgeting Forecasting CFO 52

PYMNTS

DECEMBER 7, 2020

The digital shift in retail is a global phenomenon. In our latest study, the Global Digital Shopping Index: Australia Report , we turn our attention Down Under to examine how consumer shopping preferences and habits have shifted in this tumultuous and transformative year. Wholly in-store shopping remains popular in Australia: 67.1

Economics 76

Economics Retail Technology Marketing 76

PYMNTS

JUNE 15, 2020

There are now not one, but two digital shifts occurring as the COVID-19 pandemic continues to disrupt consumer shopping habits. The first is the consumer-driven digital shift that has been well-documented, especially with brick-and-mortar powerhouses like Walmart clocking an eCommerce surge of 74 percent. The second is just starting.

Retail 61

Retail eCommerce Leverage Marketing 61

Nerd's Eye View

DECEMBER 14, 2022

This reframing invites the client to imagine themselves after they have already made the change under consideration – effectively shifting the ‘status quo’ from the client’s current state to their hypothetical future self.

Entertainment 82

Entertainment Numbers Planning Communication 82

PYMNTS

JUNE 15, 2020

The pandemic didn’t create the great shift to digital spending that has been observed over the last 12 weeks, despite the fact that it is often awarded much of the credit. And that shift has been a dramatic one. They are looking at this shift to digital as a way to reexamine their business and accelerate it. Campbell said.

Retail 75

Retail Planning Technology Securities 75

PYMNTS

OCTOBER 30, 2020

The massive shift to digital forced businesses to quickly pivot their models to accelerate the move to online. The massive shift to digital forced businesses to quickly pivot their models to accelerate the move to online. The following is an excerpt from What Did You Change?

Budgeting 89

Budgeting eCommerce Securities 89

PYMNTS

OCTOBER 12, 2020

The digital transformation of the commerce ecosystem, which had been underway long before COVID-19 reared its ugly head, flipped into overdrive overnight, as consumers were forced to change their habits and shift almost everything they once did in real life to an online substitute. The Surprise in the Unsurprising.

Retail 88

Retail Restructuring Forecasting Sales 88

PYMNTS

SEPTEMBER 1, 2020

It is the last — and possibly the most important — retailer to post second-quarter earnings. When Macy’s takes the stage Wednesday morning (Sept. 2) it will be a referendum on its own future as well as the future of department stores. By extension, it’s also a key indicator on the state of the American mall. Then the pandemic happened.

eCommerce 78

eCommerce Retail Sales Planning 78

PYMNTS

OCTOBER 8, 2020

Is the great digital shift spurring a great shift to personal in-home services? Drill down a bit, and our latest “ How We Will Shop ” report noted that 19 percent of respondents said they have shifted from dining in restaurants to ordering food online since the pandemic began. As reported by CNBC on Thursday (Oct.

eCommerce 85

eCommerce Sales Marketing 85

PYMNTS

OCTOBER 5, 2020

consumers (48 percent) moved the majority of their shopping online during the pandemic — and seeing as how many will stick to digital, avoiding physical retail altogether — it’s now urgently incumbent upon merchants to shift accordingly. But the digital shift is not the end of stores. But the digital shift is not the end of stores. “I

Retail 56

Retail Communication eCommerce Marketing 56

PYMNTS

MAY 25, 2020

But if the “great pivot” and the “great shift” (we’ll use the terms interchangeably) to digital seemed seamless, borne of urgency and necessity, it’s only because the stage had been set for it to be so. It may feel like the pandemic has always been here. Setting The Stage. shores, brick-and-mortar retail was already suffering.

eCommerce 69

eCommerce Retail Sales Numbers 69

PYMNTS

MAY 20, 2020

And in eCommerce, digital coupons are growing right along with the crisis-driven shift to online shopping. Consumers are spending online instead of making potentially risky visits to physical stores, and they are also paying for purchases in different ways. All this, Today in Data. All this, Today in Data. 60%: Minimum share of U.S.

eCommerce 83

eCommerce Numbers Marketing Retail 83

PYMNTS

SEPTEMBER 18, 2020

And in retail, pet spend has shifted online with the pandemic. Shoppers flocked to digital platforms in the first months of COVID-19 as “nonessential” brick-and-mortar stores closed – and a number of consumers don’t have any intentions to go back. All this, Today in Data.

Retail 64

Retail eCommerce Numbers Sales 64

PYMNTS

JULY 21, 2020

The global pandemic’s emergence radically shifted the entire small- to medium-sized business (SMB) landscape almost overnight in terms of digitizing operations, according to Alex Burgin , vice president at Authorize.Net (a Visa solution), and Kirsten Potenza , CEO and founder of POUND – Rockout. It’s been an amazing opportunity.”.

Invoicing 76

Invoicing Technology Securities Sales 76

PYMNTS

NOVEMBER 16, 2020

To get critical mass in banking — build or buy … but the quickest route to reach and scale, especially in digital endeavors is. To that end, Spanish financial firm BBVA said it would sell its U.S. arm, known as BBVA USA Bancshares, to PNC Financial Services Group, for $11.6 billion in an all-cash deal. But behind mechanics lies strategy.

Mergers and Acquisitions (M&A) 75

Mergers and Acquisitions (M&A) Banking Profit and Loss Strategic Planning 75

PYMNTS

AUGUST 5, 2020

This is not a shift because this digital growth isn’t coming at the expense of our retail business so much as it is about getting new customers to the category and other customers from other parts of the remittance market, like banks and other digital financial services providers.”. He added that many new clients seem likely to stick around.

CFO 134

CFO Currencies Education Retail 134

PYMNTS

DECEMBER 28, 2020

The digital shift produced direct-to-consumer sales, the continued decline of malls/department stores and the accelerated growth of Amazon , Walmart and Target this year. In payment methods, consumers learned about new payment options and adopted them at a dramatic rate. And in investments, the U.S. And in investments, the U.S.

Securities 60

Securities Sales Investments Numbers 60

PYMNTS

JUNE 11, 2020

In The Great Reopening: Shifting Preferences edition, PYMNTS surveyed 2,064 U.S. Office shifters : Consumers who have shifted to working from home and want to go back to being outdoors and working in office environments. The Great Reopening: Shifting Preferences edition explores the answers to this question and many more.

Planning 60

Planning Retail Technology eCommerce 60

PYMNTS

JULY 20, 2020

IBM ‘s revenue fell 5.4 percent in the second quarter due to the reduced spending on computer equipment during the pandemic in lieu of going digital on the cloud, Financial Times (FT) reported. billion to $18.1 billion, according to FT. billion to $18.1 billion, according to FT. billion last year to $6.3 billion now, according to FT.

Forecasting 68

Forecasting Technology Numbers 68

PYMNTS

JUNE 15, 2020

1B : Amount Inditex will spend between now and 2022 to capitalize on the digital shift. . The pandemic’s harsh impacts on retail continue to show themselves as brands report plummeting quarterly earnings and eye additional store closings. 44%: Share by which Inditex’s net sales fell in the three months from Feb.

Retail 60

Retail eCommerce Sales Numbers 60

PYMNTS

AUGUST 24, 2020

PYMNTS’ latest research report, Mastering Multichannel Commerce Playbook: The New Retail Reality , in collaboration with Citi , examines these technological and consumer behavioral shifts and looks at three emerging channels: direct-to-consumer (D2C), subscription and digital business-to-business (B2B) commerce platforms.

Retail 86

Retail B2B eCommerce Economics 86

PYMNTS

JULY 31, 2020

But drill down a bit into individual company reports, and evidence of the great digital shift continues across a variety of verticals. It’s a shift that is likely permanent – as shown in PYMNTS’ own research , consumers won’t feel comfortable venturing fully out into brick-and-mortar world until well into next year. Aggregators, Too.

CFO 56

CFO Sales Planning Numbers 56