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. . That number appears to be rising, too, as just 37 percent of consumers said the same last year.

Securities 69

Securities Leverage Retail Numbers 69

PYMNTS

JANUARY 18, 2021

Every year for the last 110 years , members of the retail trade group, known as the National Retail Federation (NRF), have assembled to discuss the slate of issues pertinent to its members. COVID-19, of course, didn’t cause physical retail’s steep decline — it just accelerated it. Retail is now about logistics and the last mile.

Retail 123

Retail Sales eCommerce Investments 123

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

APRIL 13, 2020

Prepare for a big week of retail data, all of it unprecedented in light of the COVID-19 pandemic. Starting with the Commerce Department retail sales data on Wednesday, retailers will get a sense of how much consumers are spending and the retailers they are spending with. For retailers, there are no surprises from March.

Retail 86

Retail Sales Numbers Economics 86

PYMNTS

MAY 8, 2020

And that actually creates a massive opportunity for retailers of all kinds to jump into the digital market, he said, and grab some market share away from giants like Amazon that have been hit by an onslaught of orders. Retailers, merchants are realizing they can actively utilize those channels because for a lot of them it’s survival.

Securities 97

Securities Forecasting eCommerce Retail 97

PYMNTS

DECEMBER 2, 2020

This is driving demand for virtual cards, digital payment offerings that can authorize purchases without forcing shoppers to hand over sensitive permanent account numbers.”. Virtual card numbers can’t be copied, and their spend controls make overspending or unauthorized spending “virtually” impossible. Merchants Align Behind V-Cards.

Securities 60

Securities Numbers Retail Accounting 60

PYMNTS

NOVEMBER 30, 2020

Fraudsters have redoubled their attacks on eCommerce channels, however, making consumers more concerned about data security. Shoppers may be reluctant to hand over their card details to every online retailer, as each transaction represents another risk that consumers’ information could be exposed in a breach.

Securities 60

Securities eCommerce Numbers Retail 60

PYMNTS

OCTOBER 12, 2020

Online marketplaces are connecting retailers, consumers and nonprofits amid the pandemic. Data: $5.5M : Amount of funding recently secured by social impact commerce platform ShoppingGives. consumers stating that security is important when shopping online. 92%: Portion of U.S. 3.7B: Amazon’s physical store revenue in Q2.

Retail 58

Retail Technology Nonprofit Securities 58

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

OCTOBER 9, 2020

trillion opportunity for eCommerce retailers. Fraudsters are just as excited by this opportunity as merchants, unfortunately, making it essential for these retailers to craft robust protections to keep the data and the payment information of their consumers safe. Why Automated Tools Can Add Security To Online, CNP Transactions.

Retail 75

Retail eCommerce Securities Numbers 75

PYMNTS

MARCH 25, 2019

Thus, IoT security is becoming an essential part of modern conversations. Department of Homeland Security (DHS) and data security and privacy practice chair of D.C.-based A lot of the devices we’re talking about have no security. They weren’t built with security in mind, and there really isn’t any way to patch them.”.

Securities 82

Securities Manufacturing Retail Financial Data 82

PYMNTS

SEPTEMBER 18, 2017

How secure do you feel when it comes to payments? Two-thirds of the more than 3,000 adults surveyed said they were concerned about data security, with 38 percent of respondents believing their private information may have already been exposed. As for blaming the retailer for any number of breaches? “We

Securities 61

Securities Compliance Numbers Accounting 61

PYMNTS

OCTOBER 14, 2020

Retailers therefore have to determine the number of speed bumps their customers are willing to put up with as well as the special features they can offer to encourage shoppers to overlook these minor inconveniences. . That is something that can be used [in security efforts], depending on the specific issue or the resolution.” .

eCommerce 60

eCommerce Securities Accounting Retail 60

PYMNTS

JULY 24, 2019

Despite IoT’s popularity, however, security a nd privacy issues continue to make headlines. A popular white-label GPS tracker sold by more than a dozen companies was found to have a number of security flaws earlier this year, while a new strain of Mirai malware specifically targeting IoT devices was recently discovered.

Securities 68

Securities Transportation Communication Retail 68

PYMNTS

JUNE 13, 2019

Technologies such as artificial intelligence (AI) and biometrics are changing the digital security landscape, and a recent study found that social media networks have become a more popular way for hackers to target new victims. 100: The minimum number of Goodwill store locations that are teaming with OfferUp.

Securities 55

Securities Numbers Retail Technology 55

PYMNTS

APRIL 1, 2020

As individuals were beginning to seek COVID-19 benefits, hackers disrupted Italy’s Social Security internet site, per the leader of the welfare agency. Tridico said he notified authorities about the incident, which has brought into question the security of the country’s online infrastructure as it grapples with the COVID-19 crisis. “In

Securities 56

Securities Transportation Economics Retail 56

PYMNTS

OCTOBER 26, 2016

While it’s not uncommon for these Internet of Things (IoT) devices to be accessed by attackers looking for a stealthy way in, it’s also not uncommon for merchants to overlook these as a point of security vulnerability. to provide additional layers of security. Going Beyond PCI.

Securities 81

Securities Auditing Compliance Retail 81

PYMNTS

SEPTEMBER 4, 2020

Retailers are trying to make themselves as ready as possible, given the highly unpredictable nature of the COVID-19 era’s commerce environment. “I But Alford said that with economic uncertainty and competition for online customers currently off the charts, that number could easily go even higher this year.

Retail 97

Retail Economics Securities Sales 97

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

JANUARY 21, 2020

On average apartment rent rates have gone up about 36 percent in the last decade according to retail data firm Yardi Matrix , and in particularly desirable marketplaces like Denver, Austin and Seattle rents have gone up by more than 70 percent. The average security deposit in the U.S.

Securities 52

Securities Startups Numbers Accounting 52

PYMNTS

OCTOBER 19, 2018

But 48 percent of those surveyed are “unconcerned” that devices – ranging from sensors to drones and used across any number of verticals – may boost their likelihood of cyberattacks. The Vulnerabilities of Retail (and Other Sectors).

Securities 76

Securities Technology Retail Numbers 76

PYMNTS

DECEMBER 29, 2020

parent company of luxury online retailer Mytheresa , announced that it's filed a registration statement with the SEC for an initial public offering (IPO), according to a press release. The number of those shares to be offered is still up in the air, as is the price range, according to the release. MYT Netherlands Parent B.V.,

Retail 63

Retail Valuation Sales Securities 63

PYMNTS

DECEMBER 17, 2018

17) that it will strengthen the security of its app after receiving several complaints from users about charges that were made in error. Bloomberg noted that PayPay has been questioned about the security of the app in the past. PayPay told Bloomberg it would address that security hole with the upgrade to the app.

Securities 63

Securities Numbers Accounting Retail 63

PYMNTS

SEPTEMBER 23, 2019

Two Apple iOS 13 users took to Reddit to share some payment security issues they faced when using the tech giant’s newest iteration of its operating system, according to reports. They have a case number for this incident and I wanted to talk to that person about their steps and also reference the case number they posted in the comments.

Securities 77

Securities Numbers Retail 77

PYMNTS

MARCH 1, 2019

Cybersecurity returned to the top of the B2B startup investment list as three companies in the enterprise security realm landed nearly half of the $246 million in B2B venture capital this week. Cequence Security. Also operating in the enterprise security space is Cequence Security, based in California. Contrast Security.

B2B 75

B2B Securities Investments Startups 75

PYMNTS

MAY 31, 2017

Visa announced Tuesday (May 30) that it is rolling out enhancements to its Verified by Visa service, a global solution designed to make online purchases more secure by helping ensure payments are made by the rightful owner of the Visa account. As part of the upgrade, Visa said it was enhancing its systems to support 3-D Secure 2.0,

Securities 77

Securities Compliance Technology Retail 77

PYMNTS

AUGUST 13, 2020

Off-price specialty retailer Stein Mart, Inc. filed for Chapter 11 bankruptcy in the United States Bankruptcy Court for the Middle District of Florida, Jacksonville Division amid a challenging retail climate and the pandemic, the company said in a statement. In July, Ascena Retail Group, Inc.

Retail 58

Retail Restructuring Sales Securities 58

PYMNTS

JULY 1, 2019

The financial services landscape is moving to upgrade existing payment infrastructures or create new systems to deliver faster and more secure payments. And, in retail, Unbound Merino could change the rules of hygiene with a line of clothing that can be worn multiple times, and design innovator Jony Ive is leaving Apple.

Securities 46

Securities B2B Retail Numbers 46

PYMNTS

MARCH 18, 2020

For most retailers, this virus thing is starting to hurt. Retailers are now in full-on battle mode,” said Jefferies Analyst Randal Konik , who foresees a 90 percent to 100 percent drop in mall traffic. For retailers, this is now about near-term survival.”. “For For retailers, this is now about near-term survival.”.

Retail 64

Retail Numbers Securities Sales 64

PYMNTS

SEPTEMBER 1, 2020

When speaking with Tai Lopez , the executive chairman of one of the more disruptive retail companies in the pandemic period, it could be expected that the conversation would center around one topic: retailing. But that hasn’t stopped the whisper machine surrounding the retail industry from doubting his methods or business model.

eCommerce 57

eCommerce Retail Valuation Securities 57

PYMNTS

DECEMBER 28, 2020

The dreaded returns season has hit retail with a predictable but painful thud. In fact, forward-thinking retailers are looking at the return process as a chance to create a positive customer experience. In fact, forward-thinking retailers are looking at the return process as a chance to create a positive customer experience.

Retail 86

Retail eCommerce Auditing Forecasting 86

PYMNTS

AUGUST 9, 2019

In other security news, phone numbers can provide a treasure trove of information about a consumer who is trying to open an account with an online merchant, onboard to an online service or sign up for a new banking account. who possess phone numbers. Data: 95 percent: Minimum share of people in the U.S.

Securities 46

Securities Numbers Accounting Retail 46

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

PYMNTS

MARCH 18, 2020

retail sales declined last month in the biggest drop in a year. And retail sales , with the exclusion of fuel and automobiles, fell 0.2 Personal spending numbers are due at the conclusion of March. As previously reported, retail sales increased a seasonally adjusted 0.3 percent from the month before following a 0.6

Retail 52

Retail Forecasting Healthcare Sales 52

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. Optimizing the Digital Transformation of Retail

Retail 90

Retail Healthcare Sales Leverage 90

PYMNTS

JUNE 19, 2019

The connected vehicle ecosystem is taking shape, and that brings new opportunities to retail. But challenges remain, not the least of which include securing the emerging ecosystem for those connected cards and trucks. Some of the latest developments from the retail side of the ecosystem come from the world of QSRs.

Retail 65

Retail Manufacturing Securities Forecasting 65

PYMNTS

MARCH 27, 2020

The retailer had previously postponed the scheduled early March IPO until the conclusion of April. The number of American consumers who reported being very worried about coming down with COVID-19 increased from March 6 to March 16, with 32 percent of the population registering that level of worry compared to 20 percent 11 days before.

Securities 56

Securities Economics Retail Healthcare 56