PYMNTS

FEBRUARY 20, 2020

Customers are rewarded “time currency” at the time of their checkout by using their Google Maps timeline to demonstrate precisely how far and long they have traveled to get to IKEA. That time currency can be put directly toward their purchase or it can be banked over time. The program works on two levels to boost business.

Retail 75

Retail Currencies Construction eCommerce 75

PYMNTS

AUGUST 19, 2016

A new study looking at the changing habits of consumers explores the role that social currency has in influencing consumers’ shopping habits and preferences. So what is social currency? Social currency can be a very important factor when it comes to consumers’ retail decisions. Olive Garden; 4.)

Currencies 41

Currencies Retail Entertainment Advertising 41

PYMNTS

AUGUST 5, 2020

To that end, as Coinstar CEO Jim Gaherity told PYMNTS, the stage is becoming increasingly set for currency — the literal cold, hard stuff of bills and coins — to be rendered in bits and bytes. Consumers, he said can buy bitcoin today through its back-end partners that manage digital wallets for the consumer.

Currencies 135

Currencies Advertising Numbers Retail 135

CFO Talks

FEBRUARY 25, 2025

If an investor in Japan wants to invest in a UK-based firm, IFRS compliance reassures them that they can trust the numbers in the financial statements. This is particularly relevant for industries like aviation, retail, and logistics, where leasing is common.

IFRS 52

IFRS Financial Reporting Compliance Accounting Standards 52

Future CFO

APRIL 10, 2022

Digital money will be the future, said PwC recently when releasing its 2022 PwC Central Bank Digital Currency (CBDC) Global Index. It’s estimated that more than 80% of central banks are considering launching a central bank digital currency,” the company noted in a statement.

Foreign Exchange 98

Foreign Exchange Currencies Retail Banking 98

PYMNTS

AUGUST 30, 2020

Users could search “digital currency” and find the app — and furthermore, they could activate it by entering the mobile phone number associated with their CCB account. But the brief trial run, however accidental, showed proof that the CCB has been working toward the much-publicized digital currency at the state level.

Banking 95

Banking Construction Currencies Retail 95

PYMNTS

OCTOBER 24, 2019

A new survey has found that the biggest obstacles hindering online retailers from doing business abroad is fraud prevention, and currency and payment processing. retailers ship outside the country due to fraud concerns, as well as the challenge of accepting foreign currencies and payments.

Currencies 40

Currencies Retail Sales eCommerce 40

PYMNTS

OCTOBER 9, 2020

In today’s top news, the Federal Reserve and seven central banks are collaborating on a framework for digital currency, and Amazon India prepares for its festive season with a $95.5 Fed, Central Banks Frame Criteria For Digital Currency. Report: How Furniture Retailers Use Automation To Take Fraud Off The Table. million boost.

Currencies 56

Currencies Banking Retail Sales 56

PYMNTS

APRIL 25, 2019

The application was filed on April 19, and in it the company also describes a potential digital currency, and how it would be used online. That number is 36 percent higher than last year. Footwear giant Nike has submitted an application to trademark the term “cryptokicks,” according to reports.

Currencies 69

Currencies Sales Numbers Technology 69

PYMNTS

JUNE 26, 2020

The retailer’s eCommerce sales, however, jumped by 36 percent in SEK and 32 percent in local currencies, according to an announcement. Sales during the timeframe of June 1-24 of this year dropped by 25 percent in local currencies compared to the same timeframe in the past year.

eCommerce 90

eCommerce Sales Currencies Retail 90

PYMNTS

JANUARY 6, 2021

Thus far, the numbers do not bear out a massive uptake of a business model, that for the stakeholders, is essentially free (There are roughly 38 banks signed on and 5 million users of CoDi, as measured in late 2020). To get there — to spur increased user adoption — he said that the SPEI user experience has had to improve.

Banking 145

Banking Planning Accounting Currencies 145

PYMNTS

OCTOBER 12, 2020

In a time of increasing change for retailers and consumers, the current global climate has begun accelerating the future of retail trends at a much quicker pace than previously envisioned. Lastly, Mao said Blackhawk is seeing that consumer interaction with retail apps is consistently rising. Capturing the New Customer.

Retail 126

Retail Budgeting Currencies Forecasting 126

PYMNTS

JANUARY 3, 2020

With visitor arrivals to Hong Kong dramatically falling, the financial center’s retail sales registered a double-digit drop in November. Retail sales by value retreated 23.6 The retail outlook in the short term will still depend on how those social incidents play out over time per the spokesperson.

Sales 52

Sales Retail Currencies Forecasting 52

PYMNTS

JULY 21, 2020

Crypto boosters have spent the better part of the past decade promoting the idea that great fiat-currency disruptions are coming care of blockchain and literally hundreds of thousands of variations of cryptocurrency circulating in the world today. Even bitcoin is accepted by only a relative handful of digital retailers.

Sales 127

Sales Currencies B2B Communication 127

PYMNTS

JANUARY 26, 2021

At present, he said, a number of factors have inhibited the adoption of bitcoin as a transactional currency, including the fact that it’s expensive and can be very slow. As cryptos go more mainstream, he said, and any number of use cases proliferate, “the killer app, so to speak, can hold crypto, or it can be spent in real time.”.

Currencies 102

Currencies Healthcare Numbers Retail 102

PYMNTS

AUGUST 21, 2020

Earlier this month, as PYMNTS noted , the Federal Reserve said its Boston bank is working with the Massachusetts Institute of Technology (MIT) to explore the possibility of issuing digital currency. Central bank digital currencies (or CBDCs) have been gathering steam, at least as a concept. Interoperability Is Key. What’s Next.

Currencies 107

Currencies Banking Education Technology 107

PYMNTS

NOVEMBER 19, 2020

Bank of England Chief Economist Andy Haldane advocated for the potential benefits digital currencies can offer in a recent speech given at TheCityUK 10th Anniversary Conference on Wednesday (Nov. The future of digital currencies, Haldane said, is uncertain and most likely varied. “If So far, that has not been the case.”.

Currencies 89

Currencies Economics Banking Securities 89

PYMNTS

JANUARY 21, 2021

Shenzhen will be continuing China’s digital yuan pilot program by issuing the digital currency to citizens, according to a report from XinhuaNet. million) sent out in red envelopes for citizens to use to make purchases — and to promote the new form of currency, the report stated. There will be 20 million digital yuan (about $3.1

Currencies 81

Currencies Planning Banking Retail 81

PYMNTS

JUNE 12, 2018

The big box retailer has ventured into the world of podcasting, recently launching Season Two of its “ Outside the Box ” podcast, which is focused on the value of time. Schmid said it’s too soon to tally up the numbers, since the season just started a couple weeks ago. We’re thinking about time as a currency, just like money.”.

Currencies 49

Currencies Retail Investments Numbers 49

PYMNTS

APRIL 30, 2019

According to Will Byrne, CEO of Worldnet Payments , the kiosks and smart shelves that are gaining traction across any number of commerce and retail settings may even shift the employment picture a bit. The Changing Retail Footprint. This has become an irreversible trend,” he said. For example, in the U.K., percent.

Retail 55

Retail Transportation Leverage Technology 55

PYMNTS

FEBRUARY 1, 2019

Earnings, earnings everywhere, and so what do the numbers tell us? We’ve given you a bit of a cheat sheet, or a refresher of sorts, as to what can be viewed as among the most important numbers coming out of the releases, the supplementals, the business units that give insight into where these firms have been and where they might be headed.

Numbers 46

Numbers Advertising Currencies Accounting 46

PYMNTS

MAY 3, 2018

The headline numbers showed earnings of $1.50 The net revenue number of $3.6 billion, up 31 percent year on year and 27 percent in constant currency terms, was better than the $3.3 Within that number, credit was up 9 percent, and debit 12 percent. a share on an adjusted basis, easily outpacing the Street at $1.24.

Currencies 48

Currencies Numbers CFO Retail 48

PYMNTS

DECEMBER 7, 2020

"Small businesses face similar challenges that big retailers face when they transact online, because through marketplaces, they are able to reach out to millions of consumers," he told PYMNTS in a recent interview. But most people forget that we're still talking about small businesses with a limited number of resources.".

eCommerce 142

eCommerce Finance B2C B2B 142

PYMNTS

DECEMBER 21, 2020

While it initially focused on currency in online checkouts, the company has branched out to work on checkout and fraud detection, integrating with companies like Shopify , Magento , BigCommerce , WooCommerce and Salesforce Commerce Cloud , according to the the report. Data from the IBM U.S. billion, the report says.

eCommerce 98

eCommerce Valuation Currencies Accounting 98

Barry Ritholtz

NOVEMBER 26, 2024

And find the entire musical playlist of At the Money on Spotify Responsible Crypto Investing Matt Hougan How should retail investors responsibly think about crypto? I’m Barry Ritholtz, and on today’s edition of At the Money , we’re going to discuss how retail investors can responsibly invest in crypto. With crypto.

Investments 59

Investments Currencies Financial Systems Marketing 59

PYMNTS

AUGUST 7, 2020

While the barriers to reaching an international consumer base are low thanks to innovations in eCommerce, online retailers and merchants still struggle to provide their global consumers with the same payments experience their domestic ones have. Providing Payer Certainty.

Foreign Exchange 120

Foreign Exchange eCommerce Retail Currencies 120

PYMNTS

JANUARY 19, 2021

Retail giant Walmart is partnering with global money movement leader Western Union to offer in-store payments and transfers. As the world’s largest retailer, Walmart offers customers transparent financial services using their preferred providers. Walmart’s payroll numbers 2.2 billion across its financial services offerings.

Healthcare 87

Healthcare Currencies Retail eCommerce 87

PYMNTS

JULY 25, 2019

Recent days have brought new evidence of the importance of robust loyalty and rewards problems in retail, an areas of ongoing innovation, and a way for merchants of all types to stand apart in a fiercely competitive industry. Retail Card Programs. The move adds to Trax’s stable of retail tech. It’s over 70 percent.”.

Retail 53

Retail Currencies Banking Technology 53

PYMNTS

DECEMBER 7, 2018

The digital currency was trading at just over $3,375 as of 8:40 a.m. And, beyond bitcoin, other major digital currencies also fell over the same day-long timeframe. As the market is heavily retail driven, it’s very much at the mercy of group sentiment which causes huge swings.” EST, CNBC reported.

Currencies 73

Currencies Retail Marketing Securities 73

PYMNTS

APRIL 13, 2020

A Treasury-issued digital dollar would be inherently different than, say, the Libra project, which debuted last summer as a consortium backed by a number of companies (with Facebook the presumptive face of the digital currency) which in turn would have been backed by a basket of currencies across the globe.

Accounting 99

Accounting Banking Currencies Treasury 99

CFO News

MAY 6, 2024

The Reserve Bank of India (RBI) is working to increase the acceptance of the Central Bank Digital Currency (CBDC) for retail transactions, despite the high number of transactions reaching 1 million per day. The central bank is also addressing concerns about the CBDC's potential to pose a risk to banks' business models.

Retail 40

Retail Currencies Banking Numbers 40

PYMNTS

OCTOBER 20, 2017

markets earlier this year through a deal with First Data , TechCrunch reported at the time, with Alipay gaining access to point-of-sale systems at 4 million domestic retail partners. As of now, the company’s payment method is accepted in 70 countries and performs retail transactions for shoppers in 14 different currencies.

Retail 72

Retail Currencies Numbers Securities 72

PYMNTS

NOVEMBER 4, 2019

According to a new LexisNexis study , overall retail fraud attempts doubled year-over-year and tripled since 2017. The rise of mobile commerce and selling of digital goods has added to retailers’ fraud problems. In fact, North America’s top 1000 online retailers have sold $143 billion worth of goods to customers outside the U.S.,

Retail 49

Retail eCommerce B2B Currencies 49

PYMNTS

NOVEMBER 4, 2016

In this week’s Hacker Tracker , we look at how identity information has quickly become a critical currency — being stolen, traded and resold at an alarming rate. Identity data is the critical currency for perpetrating online fraud. Cybercrime Follows The Light. A small price to pay for potentially massive effects.

Currencies 76

Currencies Securities Retail Manufacturing 76

PYMNTS

AUGUST 3, 2017

The digital currency that has been around for nearly a decade has struggled to gain major traction in the mainstream industry outside of finance. The hope with this new bitcoin offering is to ramp up the number of transactions occurring in a shorter time frame. All is not running business as usual in the bitcoin realm.

Retail 40

Retail Currencies eCommerce Technology 40

PYMNTS

DECEMBER 11, 2018

If the ubiquitous digital currency continues its slide to below $3,220, that would be its lowest level since Sept. Traders are seemingly avoiding the currency, and the number of people betting against it continue to increase, according to analysis by DailyFX. Retail trader data shows 70.1 percent since end of day Monday.

Currencies 67

Currencies Communication Numbers Banking 67

PYMNTS

SEPTEMBER 18, 2018

About a decade later, the company went global and devised a number of technology innovations to support its growing size and scale, including the first electronic tech that streamlined authorization, clearing and settlement for the banks that were part of its network. The startup was Visa , of course. Today, Visa counts 3.3

Startups 103

Startups Currencies Banking B2B 103