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 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

JANUARY 22, 2021

Young B2B FinTechs secured some of their first investments in areas that include small business accounting, alternative lending and financial management. The firm connects small businesses with real-time financial data to manage accounting and cash flow. Accounting automation company Georges, based in France, landed $42.4

B2B 81

B2B Securities Startups Investments 81

Nerd's Eye View

MAY 15, 2024

On April 25, 2024, the Department of Labor (DoL) issued the final version of its Retirement Security Rule (the "Final Rule"), which imposes an ERISA fiduciary standard "that applies uniformly to all investments that retirement investors may make with respect to their retirement accounts ".

Securities 96

Securities Investments Planning Banking 96

PYMNTS

NOVEMBER 27, 2020

Some are turning to virtual cards to keep their debit account numbers safe, providing shoppers with newly generated codes that can be restricted to work only when paying specific merchants or used just once before expiring. Firms are also prioritizing security as they transact online more heavily as well.

Securities 78

Securities Prioritization eCommerce Education 78

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 Retail Economics 86

PYMNTS

OCTOBER 13, 2020

Shoppers may be quick to take their business elsewhere if these demands are not met, with 66 percent of respondents saying they had at least once given up opening accounts due to poor experiences. AI-powered digital solutions provider Jumio recently unveiled a platform solution intended to help eTailers with such security work.

Accounting 69

Accounting eCommerce Securities Retail 69

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. . A key facet of this shift has been an increased reliance on mobile phones.

Securities 69

Securities Leverage Retail Numbers 69

PYMNTS

JUNE 5, 2020

Open banking provides opportunities such as upgraded customer convenience and customized financial solutions that can help consumers access bank account details, send payments, manage their budgets and more. 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

CFO Share

JANUARY 2, 2025

Despite securing over $100 million in venture capital and employing over 600 individuals, Bench abruptly and inexplicably ceased operations on December 27, 2024, leaving thousands of small business clients scrambling for alternatives. It’s as though Walmart went out of business, and I’m a small-town retailer.

Startups 52

Startups Accounting Prioritization Securities 52

PYMNTS

JANUARY 8, 2021

Bloomberg notes that such an offering would be unusual, as retail investors generally do not get an opportunity to participate in an IPO at the offering price. Having retail investors buy shares ahead of the opening could also limit the size of the rally of the stock on its first day of trading. The FinTech was valued at around $11.7

Compliance 145

Compliance Communication Retail Startups 145

PYMNTS

AUGUST 21, 2019

There was no direct, immediate indication that the technology — and this new advance — would have retail or payment implications anytime soon. Tighter security and authentication methods for digital IDs are necessary to lessen the magnitude of these breaches and hopefully stop them entirely. After all, more than 4.5

Retail 74

Retail Technology eCommerce Accounting 74

PYMNTS

SEPTEMBER 15, 2020

To reshape the digital checkout experience for retailers and shoppers, Visa Canada has unveiled the extension of Click to Pay to Canada. As a result, they will not have to manually input their 16-digit personal account numbers or find passcodes when completing a purchase. 15) announcement. The news comes as Visa said on Jan.

Securities 116

Securities Retail Numbers Accounting 116

PYMNTS

MARCH 4, 2020

Clothing company J.Crew said an unknown hacker accessed some of its customers’ online accounts almost a year ago, according to reports. Online accounts also store order numbers, shipping confirmation numbers and shipment statuses.

Accounting 72

Accounting Numbers Securities Retail 72

PYMNTS

DECEMBER 31, 2020

Debit card issuers face an ever-growing array of fraud schemes perpetrated against them and their account holders. Security challenges are mounting, too. Addressing security concerns is no trivial pursuit for debit issuers, as they incurred more than $1 billion in net fraud losses in 2019. The Face of Fraud.

Securities 109

Securities Accounting Retail eCommerce 109

CFO Plans

AUGUST 2, 2024

In today’s rapidly evolving business landscape, the integration of technology into accounting practices has shifted from a luxury to a necessity. With the demands of modern businesses continuously growing, leveraging technology to streamline accounting processes is crucial for maintaining accuracy, efficiency, and competitiveness.

Technology 52

Technology Accounting CFO Tax Planning 52

CFO Plans

AUGUST 9, 2024

In the rapidly evolving landscape of business accounting, staying ahead requires more than traditional bookkeeping. Cloud Accounting Services Transform Financial Practices The shift to digital has revolutionized accounting practices. Transform your financial practices with cloud accounting services.

Accounting 52

Accounting Tax Planning CFO Startups 52

PYMNTS

DECEMBER 17, 2020

Digital fraud is a long-running problem for merchants, retailers, banks and businesses of all types. Account takeovers and shipping fraud increased by 347 percent and 391 percent, respectively, between 2018 and 2019, and the pandemic has only exacerbated these issues. Developments From The World Of Digital Fraud.

Retail 102

Retail Education Securities Banking 102

PYMNTS

NOVEMBER 30, 2020

A hacker is reportedly selling information from hundreds of C-suite executives' Microsoft -based email accounts, according to a report from Engadget. apparel maker and the CFO of a European retail chain," according to Engadget. The accounts went on the market at a limited-access forum in the Russian underground.

CFO 116

CFO Accounting Securities Retail 116

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 64

Retail Finance Leverage Technology 64

PYMNTS

JULY 24, 2020

and Canadian online grocery delivery service, blamed reused passwords for the recent account hacks that led to the theft of its customers’ personal data that landed on the dark web. Instacart advised customers to select unique, strong passwords for their accounts that they do not use on any other apps or websites as an extra precaution.

Accounting 75

Accounting Communication Numbers Securities 75

CFO News Room

JANUARY 19, 2023

But questions remain about how secure and reliable it is when compared to traditional brokerages. These protections help safeguard investors’ funds and securities in the event of a brokerage firm’s failure or other financial losses. SIPC stands for the Securities Investor Protection Corporation. Is Robinhood Safe to Use?

Profit and Loss 130

Profit and Loss Securities Nonprofit Investments 130

PYMNTS

NOVEMBER 24, 2020

Businesses and financial institutions (FIs) are constantly examining ways to make their customers’ accounts more secure, especially as more consumers go online to make purchases and transact during the ongoing COVID-19 pandemic. A convenient, yet secure solution could be just a few taps away, however.

Sales 108

Sales Leverage Securities Banking 108

PYMNTS

SEPTEMBER 27, 2020

Sezzle , the installments payments platform, will be working on buy now, pay later (BNPL) services with Target , a press release says, which will test how the popular payment trend works with the retail giant's operations. Bork is responsible for Sezzle’s large-scale acquisition efforts.

Leadership 120

Leadership eCommerce Retail Planning 120

PYMNTS

DECEMBER 16, 2020

Amid the great digital shift , retailers and financial institutions (FIs) must walk the fine line between challenging transactions and letting the consumer journey proceed frictionless. That’s driven the retailer to require merchandise, risk-driven signatures that can be dynamically altered, said Thompson. The Scope Of The Problem.

Retail 91

Retail Banking Education Numbers 91

CFO Plans

MAY 30, 2024

Yet, many businesses struggle with the complexities of accounting, often leading to costly mistakes and missed opportunities. Discover how outsourcing accounting services can improve your financial health , enabling businesses to focus on growth while ensuring their financial health is in expert hands.

Compliance 52

Compliance Accounting CFO Manufacturing 52

CFO Plans

JUNE 14, 2024

In today’s AI-powered business environment, accounting is no longer just about crunching numbers. Let’s explore five key accounting services that can transform your business operations and help you stay ahead of the competition.

Accounting 52

Accounting Manufacturing CFO Tax Planning 52

PYMNTS

OCTOBER 5, 2020

And CVS in August became the first major retailer to introduce PayPal QR code technology, which it plans to roll out in its 8,200 U.S. For instance, Square just launched its QR-code driven Square For Restaurants platform, which allows customers to browse menus, place orders and pay for meals with simple scans from their phones.

Retail 144

Retail Accounting Technology Securities 144

Global Finance

JUNE 18, 2024

The Hyundai India IPO that was announced earlier this year has become a bellwether for the health of Indian stock markets and particularly its IPO market, now that the South Korean carmaker has reportedly filed a draft red herring prospectus with the Securities and Exchange Board of India (SEBI) on June 15.

Marketing 101

Marketing Valuation Securities Retail 101

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. In terms of the mechanics of omni tokens, ACI has noted that a merchant’s payment provider creates the token as the singular identification of the consumer’s account.

Risk Management 109

Risk Management Securities Retail Accounting 109

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 18, 2020

Cybercriminals have been homing in on eCommerce retailers that are seeking to capitalize on the rise of online shopping this season, as they believe that “they will be more likely to get through unabated,” the company said. Digital fraud is a longstanding issue for retailers and banks.

eCommerce 133

eCommerce Retail Accounting Sales 133

PYMNTS

JANUARY 19, 2021

With so many retail stores closing, they need to be able to provide a way to sell D2C wherever those consumers are online.”. Retailers are entering new markets at a time when regulations are becoming more complex and costly, not less.

eCommerce 128

eCommerce Compliance Invoicing Retail 128

PYMNTS

JULY 3, 2020

Corporate accounting software can use open banking to automatically access bank information rather than rely on outdated and insecure practices like screen scraping. APIs allow these payments processors to directly access customers’ bank accounts without needing the information.

B2B 111

B2B Banking Invoicing Reconciliations 111

PYMNTS

DECEMBER 10, 2020

Pet retailer Petco is launching same-day nationwide delivery in partnership with DoorDash that can be accessed via a redesigned website and upgraded app. . The DoorDash Drive tools give retailers the ability to generate demand through their own websites, apps and other channels. . 10) press release. The company filed an S-1 on Dec.

Prioritization 111

Prioritization Retail Securities Accounting 111

PYMNTS

SEPTEMBER 17, 2020

Securities and Exchange Commission ( SEC ) filed an “emergency action” against former NS8 Inc. which is based in Nevada, purportedly provides online retailers with fraud detection and prevention technology, according to the statement. Its complaint charges Rogas with going against the anti-fraud parts of federal securities regulations.

Securities 101

Securities Communication Sales Banking 101

PYMNTS

AUGUST 13, 2020

PAAY has rolled out a partner platform to let merchants and payment providers implement and track EMV 3DS, a standard that aims to help prevent unauthorized card-not-present (CNP) transactions, throughout different merchant accounts. In that instance, merchants have to contend with cart abandonment. Merchants pay $3.13

Technology 99

Technology Compliance Retail eCommerce 99