CFO News Room

NOVEMBER 15, 2022

Slumping markets have investors pulling back from funding startups that make internet-connected devices for retailers, threatening to choke an innovation pipeline for emerging tools like smart shopping carts and inventory management robots. billion—with notable exceptions in areas like security and connected vehicles—outpacing a 22.2%

Startups 100

Startups Retail Economics Technology 100

PYMNTS

JANUARY 12, 2020

Bowman noted that Tap to Phone leverages EMV’s underlying capabilities, the growing base of contactless cards in consumers’ wallets and the partnership with Samsung to allow sellers to tap into new retail sales opportunities, simply by downloading an app onto a mobile device they already use.

Retail 90

Retail Healthcare Sales Leverage 90

PYMNTS

JUNE 5, 2020

Partnering with FinTechs that have lax security creates very real issues: Criminals could abuse open banking-powered payment apps to launder money, for example, or take over accounts and steal victims’ funds. 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

PYMNTS

FEBRUARY 26, 2020

Security standards have largely not kept up with such threats, according to a joint study from Javelin Research and Kount. Many chains have thus been turning to fraud detection programs driven by artificial intelligence (AI) to make the most of their limited prevention resources, leveraging various techniques to stop bad actors’ advances.

Leverage 56

Leverage Securities Accounting Retail 56

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

AUGUST 16, 2019

Cities around the globe are looking to use the technology to address problems, such as by leveraging connected sensors to detect and report water system leakages. Security continues to be a top IoT concern, however: Mounting data breaches and newly discovered device vulnerabilities have prompted wariness around IoT adoption.

Securities 57

Securities Transportation Leverage Technology 57

PYMNTS

JANUARY 15, 2021

The holiday shopping season is the most wonderful time of the year for the retail industry. Brick-and-mortar merchants and online retailers alike often rely on end-of-year sales to generate up to 40 percent of their annual revenues and start the new year on a positive note. A notable $730 billion in U.S. A notable $730 billion in U.S.

Retail 63

Retail Leverage eCommerce Securities 63

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

DECEMBER 29, 2020

The December Next-Gen Debit Tracker® examines how card issuers are working to sharpen their fraud-fighting tools and leverage innovative, machine learning (ML)-based strategies and technologies to keep shoppers safe. Getting security right also means balancing customers’ security and privacy concerns. About The Tracker.

Banking 121

Banking Leverage Securities Economics 121

PYMNTS

SEPTEMBER 9, 2020

How Music Retailers Can Harmonize Security And Seamlessness. Criminals know that instruments and electronics are high value and easy to resell on black markets, said Mark Clem , chief digital officer at musical instrument and equipment retailer Sweetwater. Deep Dive: Keeping Security Present Even When Cards Are N ot.

Retail 64

Retail Securities eCommerce Leverage 64

PYMNTS

FEBRUARY 7, 2020

“Since POD is difficult to implement — it requires completely different back-end and front-end processes — we have built an interface that allows anyone to leverage the functionality and start building/growing their own retail brands around the world within minutes for free.”.

Securities 60

Securities Leverage Finance Technology 60

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. As unattended retail notches an increasing footprint, said Byrne, other use cases will also emerge.

Retail 55

Retail Transportation Leverage Technology 55

PYMNTS

MAY 20, 2020

The last several weeks have certainly made for unexpected and unprecedented times for consumers and all players in the retail ecosystem and left a lot of businesses standing at a crossroads as they face the back half of 2020 and questions about what to do next. In other words, trust has become a primarily valuable currency of late.

Retail 75

Retail Economics eCommerce Currencies 75

PYMNTS

FEBRUARY 11, 2020

Square For Retail is now available on Square Register , allowing the retail point-of-sale (POS) solution to run on Square’s end-to-end, integrated POS system, the Silicon Valley company announced on Tuesday (Feb. The integrated solution enables retailers to leverage software, hardware and payments on a single comprehensive platform. .

Retail 56

Retail Vendor Management Leverage Banking 56

PYMNTS

NOVEMBER 18, 2016

18), which revealed the ongoing risk retailers face of coordinated and sustained fraud losses. We’re heading into our second holiday season with more retailers EMV ready, which means CNP fraud becomes a lot more attractive to organized and tech-savvy criminals. Retailers can approve up to 98.59

Retail 66

Retail Entertainment eCommerce Leverage 66

PYMNTS

MAY 31, 2018

The proliferation of connected devices on the market can make securing each one a challenge. Even where security is sufficient, connected consumers have many devices, and the more they have, the more difficult it is to get all of them playing nicely together.

Securities 54

Securities Startups Leverage Marketing 54

PYMNTS

APRIL 1, 2020

With social distancing currently a top priority of retailers in the current environment, a supplier of shopper engagement and loss prevention technologies has flipped the script, now making devices that heighten real-time awareness of social distancing in retail stores.

Retail 53

Retail Leverage Securities Technology 53

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

OCTOBER 23, 2018

Retailers had to make that changeover quickly, as online players became an increasingly obvious threat to their future. What the consumer, the bank and the retailer are looking at today is the same,” Engel said. “We We have to think of this not as a retail or banking journey, but instead as a total consumer journey.”.

Retail 74

Retail Banking Accounting Finance 74

PYMNTS

JULY 1, 2020

Tokens are incredibly powerful tools to secure data and safely transport it from one point to another. He said tokens are capable of providing a wide world of possibilities beyond their traditional use as just security tools. He also said that what consumers want most keenly in the post-pandemic world is to feel safe and secure.

Restructuring 100

Restructuring Securities Transportation Sales 100

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

DECEMBER 14, 2018

Retailers are bringing experiential stores to big cities, and Starbucks is no exception: The coffee chain was set to open its Starbucks Reserve Roastery New York City on Friday (Dec. The aim is to allow shoppers to “focus on their lives and their business, not setting up secure networks and reading installation manuals.”

Retail 64

Retail eCommerce Forecasting Leverage 64

PYMNTS

DECEMBER 18, 2020

Promotions, discounts and rewards are key retail sales drivers, encouraging consumers to make purchases they would otherwise skip and driving up average receipt volume and overall revenues. The pandemic has forced many retailers to make tough decisions about how and when to run their promotions.

Retail 110

Retail Sales Manufacturing eCommerce 110

PYMNTS

OCTOBER 15, 2020

The SWIFT network, for example, began collaborating with Microsoft and BNY Mellon to institute cloud-based cross-border payments , allowing banks to move away from correspondent banking and improve the payments experiences of their corporate and retail customers. About The Tracker.

Banking 91

Banking Leverage Treasury Securities 91

PYMNTS

MARCH 9, 2020

First, it is becoming evident that blockchain is becoming something of a “safe deposit box” for retail data, offering a digital method for storing and sharing data between multiple stakeholders. Due to the structure of blockchain technologies, there are extra layers of security that don’t exist in earlier digital technologies.

Manufacturing 84

Manufacturing Retail Securities Technology 84

PYMNTS

NOVEMBER 18, 2020

The workers can then use these cards to make retail payments in-stores and online, as well as collect cash at the ATM. Prepaid cards are also being leveraged to streamline corporate purchasing, with firms providing these tools to employees so that the workers can make business-related purchases. Check out the Tracker ® to read more.

Accounts Payable 88

Accounts Payable Leverage eCommerce Retail 88

PYMNTS

SEPTEMBER 8, 2020

Should I leverage the online capabilities?’ — taxes that budget,” Gauthier said. He said retailers and service providers need to address such anxieties as they sketch out their digital and omnicommerce strategies and think about what new tech to put in place. Should I send my kids to school or not? Gauthier said.

Budgeting 89

Budgeting Retail Leverage Securities 89

Global Finance

OCTOBER 8, 2024

But overlending—and US initiatives to extend its security and investment footprint—are challenging its position. American policy toward Africa has long been driven by security concerns, especially since the 9/11 terror attacks in 2001, which reshaped alliances across the continent. China continues to dominate trade with the continent.

Transportation 119

Transportation Economics Investments Restructuring 119

PYMNTS

DECEMBER 18, 2018

It’s easy to get swept up in the retail apocalypse narrative. With historic retailers like Toys R Us and Sears shutting their doors after more than 100 years in business, and reports of “sad Santas” in empty malls, it’s hard to not take a rather dim view of physical retail’s prospects at present. Time Is The New Coupon.

Retail 56

Retail Education Leverage Securities 56

Global Finance

JUNE 14, 2024

Advancements in AI and generative AI have significantly influenced institutions like JP Morgan that leverage these technologies to enhance their digital, data and cloud infrastructure. A value-based approach can leverage the existing power of digital and cloud to evolve quickly with complete transparency and auditability.

Leverage 93

Leverage Risk Management Compliance Concentration 93

PYMNTS

MARCH 11, 2020

With personal interactions under scrutiny due to the COVID-19 disruption, it’s a good time for retailers to take stock of their mobile and online commerce capabilities and technologies. The company announced this week that it has signed high-end fashion retailer Anine Bing. The first is Perfect.

Retail 60

Retail Leverage Technology Sales 60

PYMNTS

OCTOBER 12, 2020

Merchants thus need to move quickly to keep payment details protected as consumers shift their business online, explained Ben Groom , chief digital officer for furniture and home goods retailer Herman Miller.

Retail 79

Retail Concentration Leverage Entertainment 79

PYMNTS

DECEMBER 12, 2019

Over the last decade or so, the trend in both brick-and-mortar retail and quick-service restaurants (QSRs) has been toward digitizing operations, and opening up for more omnichannel servicing. In fact, many of these issues have plagued eCommerce retailers since the dawn of digital commerce. Easy To Underestimate .

Securities 52

Securities Advertising eCommerce Leverage 52

PYMNTS

JANUARY 8, 2020

Facial authentication and cloud-based subscription services are particularly popular, with applications ranging from unlocking personal smartphones to providing secure access to top-secret government facilities. A multitude of security issues continue to plague the space, however, despite this optimistic future of digital identity.

Securities 67

Securities Leverage Retail Numbers 67

CFO News Room

DECEMBER 21, 2022

For consumer brands doing business in China, no date on the retail calendar carries more weight than November 11, also known as Singles’ Day. Today, the event is the pinnacle of the global retail calendar, with over 290,000 brands offering 17 million products to over 1 billion annual active consumers across Alibaba’s ecosystem this year.

Sales 100

Sales Benchmarking Entertainment Retail 100

PYMNTS

DECEMBER 31, 2020

Some leverage smartphone integrations that allow customers to interact with the machines while others deploy biometric verification instead of physical PIN pads for security.” Interactive Tellers (ITMs) accommodate this and more. Banking At The Speed Of Life’.

Banking 122

Banking Leverage Securities Retail 122

PYMNTS

JULY 21, 2020

Even bitcoin is accepted by only a relative handful of digital retailers. Mastercard on Monday (July 20) announced the expansion of its cryptocurrency partner program to streamline the process for crypto-wallet providers to issue secure, compliant payment cards to their customers. Or at least they didn’t until now.

Sales 127

Sales Currencies B2B Communication 127