PYMNTS

MAY 27, 2020

retail reopening. Most reports of mall reopenings and other retail post-pandemic debuts in the U.S. Most reports of mall reopenings and other retail post-pandemic debuts in the U.S. Some stores did report good business, but the common denominator was preparing for that event via smart digital communications during the crisis.

Retail 57

Retail Communication Leverage eCommerce 57

CFO Talks

AUGUST 21, 2024

This change significantly impacts financial metrics such as leverage ratios and EBITDA. Practical Example: Consider a retail chain that leases multiple stores. With IFRS 16, the retailer now needs to record the leased stores as assets (right to use) and the lease obligations as liabilities.

IFRS 52

IFRS Profit and Loss Communication Credit Risk 52

PYMNTS

JUNE 4, 2020

Online commerce has soared during the pandemic, prompting retailers of all types and sizes to leverage how they use digital channels to bring back customers while a full return to physical retail remains months away. The remote client communicates with the live clerk via a mobile device or laptop messaging.

Retail 52

Retail Sales Communication Leverage 52

PYMNTS

JANUARY 14, 2020

Retail is about more than the products being sold or the technology being used. That change is being reflected at the NRF annual event commonly called “Retail’s Big Show,” which ends on Tuesday (Jan. We built all of these mobile commerce things, but retailers still had all these physical stores,” Levene told NRF. Teen Workers.

Retail 52

Retail Prioritization Technology Communication 52

PYMNTS

MAY 13, 2019

In the unattended retail space, vending operators are also becoming more aware of the shifting behaviors of their shoppers and the need for swift and digital payment options. The wall-mounted machine also has a 21-inch screen for consumer interaction, and comes ready to accept near-field communication (NFC) contactless and card payments.

Retail 71

Retail Marketing Communication Technology 71

PYMNTS

NOVEMBER 22, 2016

Now, Verifi’s most recent contribution to balancing the payments ecosystem, Order Insight, changes the way merchants, banks and customers can communicate. It allows the merchants to proactively communicate information to cardholders, through the bank, to give the customer the best experience possible.”. “It

Communication 47

Communication Banking Leverage Investments 47

Fpanda Club

MARCH 1, 2021

The finance function now plays a crucial role in many organizations supporting and driving effective business decisions, and this is exactly the responsibility of FP&A standing at the crossroads of finance, strategy and technology to leverage data and generate insights.

Financial Planning and Analysis (FP&A) 130

Financial Planning and Analysis (FP&A) Benchmarking Value-Added Analysis Budgeting 130

PYMNTS

SEPTEMBER 30, 2019

The world of toys has changed and keeps on changing, and that means changes, too, for toy retail — changes that reflect some of the hottest trends in commerce. As that happens, other changes in toy retail are also taking place. Take subscription commerce. Toy Brands. That’s not all. billion pounds or roughly $4 billion in cash.

Retail 43

Retail Entertainment Problem Solving Manufacturing 43

PYMNTS

MARCH 16, 2018

Ever since 2013, when Amazon CEO Jeff Bezos said the eCommerce giant was working on a 30-minute drone delivery program called Prime Air, people have been saying that delivery is the big retail use case for drone technology. Domino’s furthered the point by delivering a pizza by drone in 2016.

Retail 60

Retail Communication Leverage Technology 60

PYMNTS

NOVEMBER 24, 2020

Retailers, in particular, are wary of adopting 2FA because of the frictions the method can present, and their fears are not without merit. Many FIs and businesses are relying on 2FA measures that leverage SMS — or text message-based — verification to cater to a growing number of consumers who are using mobile channels to transact.

Sales 108

Sales Leverage Securities Banking 108

PYMNTS

DECEMBER 26, 2019

But before we shut the door on 2019, it bears taking a moment to note how much the world of retail has changed in the last year, a fitting capstone on a decade that has seen retail as the American consumer commonly knew it taken to the ground and rebuilt nearly from the foundations. Lesson 1: Think Big . “We

Retail 54

Retail Communication Leverage Numbers 54

CFO Plans

AUGUST 9, 2024

By leveraging the expertise of seasoned financial professionals, companies can gain strategic insights without the overhead costs of a full-time CFO. A retail business, for instance, reduced its accounting errors by 30% and improved financial reporting speed by adopting cloud accounting services.

Accounting 52

Accounting Tax Planning CFO Startups 52

PYMNTS

NOVEMBER 11, 2019

The nutritional supplement retailer is somewhat unique in the field as a chain that has branched out into the subscriptions market rather than starting wholly online. The retailer’s second subscription offering, Only Me, launched just a few months ago. Subscription offerings old and new.

Retail 40

Retail Education Communication eCommerce 40

CFO Talks

MARCH 19, 2024

By distilling these goals into a concise list and communicating them consistently—whether in formal presentations or casual discussions—the CFO ensures everyone understands and aligns with the finance department’s direction. This might involve enhancing digital finance capabilities or adopting sustainable business practices.

CFO 52

CFO Communication Finance Budgeting 52

PYMNTS

NOVEMBER 20, 2017

He didn’t think much of math and science — rather unusual given his choice of a profession that uses complicated math formulas to communicate. Accomplished public intellectual and post-Keynesian economist John Kenneth Galbraith was well-known for four things. His economic principles were what inspired President Lyndon B.

Retail 54

Retail Math Leverage Economics 54

PYMNTS

AUGUST 3, 2016

We all know — and keep hearing almost ad nauseam — all about how the rise of online shopping is changing the very face of the retail industry and consumer habits. But what is that “changing face of retail” actually going to look like in a few years? Will consumers still shop at brick-and-mortar stores?

Retail 43

Retail Forecasting Communication Leverage 43

PYMNTS

JANUARY 11, 2019

According to a report in ZDNet , VP and GM of Retail Solutions for HP Aaron Weiss said HP hasn’t made many strides in the SMB market. According to HP, it is optimized specifically for SMBs in the retail and hospitality industries. The Android-based POS will be called the HP Engage One Prime.

Leverage 60

Leverage Leadership Communication Retail 60

PYMNTS

FEBRUARY 21, 2018

Even traditionally offline retailers such as Walmart have to expand their omnichannel offerings to reach consumers. The retailer’s innovations come as 55 percent of customers shop both in-store and online, according to the PYMNTS Omni Usage Index.

Retail 42

Retail Communication Leverage eCommerce 42

PYMNTS

MAY 11, 2017

One of the industries that is likely the most difficult to vet for employees is retail. As such, retailers’ staffing needs are likely to fluctuate as the industry navigates itself for the foreseeable future. AllWork ‘s sole purpose is to help locate, vet, manage and pay workers on the retail floor.

Retail 40

Retail Education Sales Communication 40

Future CFO

AUGUST 18, 2023

This transformation involves leveraging systems and re-engineering processes coupled with changing the way the teams work through upskilling and "re-culturing". Clear communication is key A project team of 60 people – collectively known as the Global Finance Services Team – steered the journey towards a transformed shared services function.

Finance 52

Finance Communication Accounts Payable Invoicing 52

PYMNTS

DECEMBER 8, 2020

Communications heavy on text and jargon, he said, aren’t going to drive the kind of engagement brands actually want with consumers because consumers don’t have the bandwidth for all that friction. Finally, it needs to be easy to access and leverage for that customer. The Magic Of Modularity .

Communication 62

Communication Leverage Banking Accounting 62

PYMNTS

OCTOBER 1, 2020

Verifi’s solutions are expected to leverage Kount’s portfolio of services, so clients can expect to see five times the return on investment in the prevention of fraud, loss and chargebacks. Visa said the goal of the purchase is to enhance its chargeback and dispute resolution infrastructure. “As

Profit and Loss 73

Profit and Loss Risk Management Communication Leverage 73

PYMNTS

AUGUST 19, 2016

Social currency can be a very important factor when it comes to consumers’ retail decisions. They want their brands to communicate a sense of who they are. And it is, which is why Vivaldi’s data shows that 70 percent of all brands and retailers who launch digital transformation efforts should expect those efforts to fail.

Currencies 41

Currencies Retail Entertainment Advertising 41

PYMNTS

JUNE 16, 2020

With respect to Apple Pay, the EU wants to determine whether Apple is violating rules by limiting access other firms have to its Near Field Communication (NFC) functionality. percent of all retail and food services sales excluding online and auto. There are at least some indications that access to NFC chips will be broadening.

Compliance 90

Compliance Communication Leverage Sales 90

PYMNTS

OCTOBER 5, 2018

That said, the most noteworthy uses of 5G, at least early on, might be far from the direct realm of retail and payments, and involve industrial uses such as better communication among factory robots, or more efficient logistics at container ports. A major 5G trial involving container ships is underway in Hamburg, in fact.

Communication 77

Communication Retail Leverage Advertising 77

PYMNTS

JANUARY 14, 2021

Maintaining consumers’ correct address information is vital to entities such as retailers and banks. Merchants are responding by leveraging geocoding, the ability to match an IP address to the customer’s physical location. Staying on top of accurate consumer addresses can seem impossible, however, without the right tools in place.

Communication 68

Communication Sales Education Banking 68

PYMNTS

JANUARY 18, 2021

The company has established a task force to deal with the problems identified by regulators, and is keeping the lines of communication with regulators open and establishing a timeframe to make changes. Retail 2021: The Five Things Retailers Should Be Talking About at NRF This Week.

Manufacturing 58

Manufacturing B2B Communication Leverage 58

PYMNTS

OCTOBER 3, 2020

Daniel Schröder, marketing director at Burger King Sweden and Denmark, told Adweek that the new social media push grew out of an effort to fix the chain’s own online communications with guests. "Here's a regular Whopper.". When addressing this, we realized there are even more burger fans out there who deserve a reply," Schröder said. "We

Marketing 121

Marketing Communication Leverage Numbers 121

PYMNTS

OCTOBER 8, 2020

But the pandemic-inspired shift to digital commerce has raised consumer expectations for seamless simplicity in multichannel journeys and pressured retailers slower to enter the world of omnichannel to work double-time to catch up. . Any retailer who wants the sale will need enough speed to bounce along with them. .

Leverage 64

Leverage eCommerce Sales Communication 64

PYMNTS

SEPTEMBER 22, 2020

There’s arguably no more polarizing macroeconomic issue in the retail world than the fate of the American mall. The problems start with how retailers view and serve the customer. We are relatively lean, so we are a close-knit team that communicates well. REITs are not exactly a source of good or even consistent news these days.

Retail 82

Retail Entertainment Investments Communication 82

CFO Thought Leader

AUGUST 28, 2024

The two had had a history of working together that had started at Level 3 Communications and continued through various other ventures. Steinfort’s move from CEO to CFO, while rare, highlights the importance not only of adaptability but also of developing and leveraging a broad skill set.

CFO 52

CFO Leadership Finance Leverage 52

Global Finance

JUNE 6, 2024

Among the arrows in the bank’s quiver is NedSnap, a robotic process automation (RPA) platform that supports Nedbank’s employees by facilitating more-effective communication and timely results. This strategy has been the pillar of Nedbank Mozambique’s success, growth and unique positioning in the market.

Banking 52

Banking Benchmarking Leverage Prioritization 52

PYMNTS

DECEMBER 30, 2019

Iowa had to make such decisions around Amazon Prime memberships, deciding in 2017 that the inclusion of video streaming — which is subject to the state’s communications tax law — makes the whole membership package taxable. . Getting To Convenience .

Math 52

Math Communication Accounting Sales 52

PYMNTS

DECEMBER 11, 2020

After a year in which both Walmart and Amazon prospered in their share of the digital-first economy, the two retailers who lay claim to the U.S. According to a corporate statement , Walmart will leverage its pharmacists who have been trained to administer flu shots and other vaccines.

Communication 82

Communication Leverage Retail Planning 82

PYMNTS

FEBRUARY 8, 2018

According to a press release , Fit Pay said the new device will enable cryptocurrency holders to use their digital coins to pay for goods at retail locations. Flip is a very convenient way to use cryptocurrency value to make retail transactions,” said Michael Orlando, COO of NXT-ID and president of Fit Pay , in the press release.

Currencies 61

Currencies Communication Leverage Retail 61

PYMNTS

SEPTEMBER 14, 2020

Recent reporting stated that retailers contest only 25 percent of friendly fraud incidents, for example, which results in a multitude of customers undeservedly winning these cases. Retailers suffer significantly from friendly fraud, reportedly losing $35 billion to such issues in fiscal year 2019 alone. The Cost Of Undue Chargebacks.

SAP 70

SAP Retail Banking Communication 70

PYMNTS

JANUARY 12, 2021

Inaccurate addresses, in particular, can be a huge strain, resulting in failed deliveries, inefficient operations and poor communication with customers. It also explains how geocoding can help retailers sidestep these issues by giving drivers unparalleled accuracy. About The Tracker.

Banking 59

Banking Retail Sales Communication 59