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

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

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

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

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

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

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

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

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. 15) announcement.

Securities 116

Securities Retail Numbers Accounting 116

PYMNTS

JANUARY 8, 2021

The FinTech group is reportedly mulling setting aside a significant number of shares for users if it goes public, but it has yet to make any final decisions, according to Bloomberg, who cited unnamed sources. Robinhood ’s platform is popular with amateur retail investors, particularly millennials and Gen-Zers.

Compliance 145

Compliance Communication Retail Startups 145

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

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

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

JULY 9, 2019

Automated retail might conjure up images of robot cashiers, but beyond a few convenience stores in Japan and Korea, that sci-fi development hasn’t yet become reality for the wider world. The latest Automated Retail Tracker explores these trends and new developments in the unattended retail space. smartphone users.

Retail 72

Retail Technology Marketing Securities 72

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

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. And that’s a big number,” he told the panel. The Scope Of The Problem. The big question could be: ‘Could that put us over a billion in the U.S.

Retail 91

Retail Banking Education Numbers 91

PYMNTS

MAY 19, 2020

Amazon could be in talks to acquire the bankrupt clothing retailer JCPenney , Fox Business reported, citing Women’s Wear Daily (WWD). JCPenney officially filed for bankruptcy late Friday (May 15), ending speculation as to the beleaguered former retail titan’s financial status. Now, Amazon could be moving in. According to the U.S.

Restructuring 110

Restructuring Retail eCommerce Securities 110

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

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

SEPTEMBER 29, 2020

If it’s a hit with users, Amazon plans to bring it to other retailers as well as performance venues and the nation’s offices. Dilip Kumar , Amazon’s vice president of physical retail, told the network the technology had been in the planning stages long before the pandemic. “I

eCommerce 139

eCommerce Retail Planning Technology 139

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

Simply Treasury

JULY 12, 2021

Paradoxically, "retail" developments are often faster and more intense than "corporate" developments, notably for reasons of security and integration into the IT systems of large companies. Number of fintech’s, but for whom? There has been an explosion of Fintechs serving retail and exceedingly small “SMEs” in the last decade.

Treasury 130

Treasury Cash Flow Forecasting Concentration Finance 130

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

DECEMBER 21, 2020

Or do they appear to be casing the joint and attempting to memorize the location of the security cameras? Using those cues builds a consumer experience that is both more secure and frictionless end-to-end. When you look at customer conversion figures online, Alton told Webster, the numbers aren’t terribly impressive, to put it mildly.

Securities 126

Securities Numbers Technology Retail 126

PYMNTS

JULY 23, 2020

40%: Share of ATMs that run on Windows XP, which no longer receives security upgrades from Microsoft. 10: Number of categories of livestreaming shows on Popshop. $3M: 72%: Increase in FinTech app usage in Q1 2020. 50%: Decline in automated teller machine (ATM) use since the beginning of the COVID-19 pandemic.

Technology 66

Technology Banking Retail Securities 66

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

By comparison, the first 3-D Secure (3DS) technology provides consumers with a user experience marked by lengthy times for processing and verification. The company reports that retailers selling through eCommerce are experiencing record sales numbers, but fraud rates are also on the uptick. Merchants pay $3.13

Technology 99

Technology Compliance Retail eCommerce 99

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

APRIL 17, 2020

They can also use a PIN and fingerprint for security of their accounts. And, for payments in apps or online, a virtual card number can be used. A customer could also lock their card and ask for a replacement but still can pay online or via phone with the virtual card number system.

Accounting 91

Accounting Numbers Retail Securities 91

PYMNTS

DECEMBER 31, 2018

We have a major security effort at the company that hardens all of our surfaces.”. Retailer Hudson’s Bay got story started in early April with the disclosure that Saks Fifth Avenue and Lord & Taylor stores in North America had their payment cards compromised. about a potential data security incident. Fitness Hacks.

Securities 92

Securities Numbers Accounting Retail 92

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

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

MAY 21, 2020

As politicians across the globe grapple with the pandemic’s continued economic fallout and the need to get stimulus funds to individuals, corporations and even local governments with speed and security, digital delivery of those dollars is likely to gain increasing traction. However, a retail CBDC accessible to all would be a game-changer.

Currencies 97

Currencies Banking Retail Accounting 97

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. Guerra said that’s because consumers increasingly value speed and simplicity when it comes to all aspects of life, including their interactions with businesses.

Risk Management 109

Risk Management Securities Retail Accounting 109

PYMNTS

OCTOBER 5, 2020

Retailers must protect customers’ card data from hackers who try to snatch payment details, and following best practices to ensure security requires adhering to the regulations established by the PCI SSC, a global payments industry forum. The regulations can be numerous, however, with PCI DSS including 246 nonwaivable requirements.

Compliance 82

Compliance Securities Auditing Retail 82

PYMNTS

DECEMBER 27, 2020

As for the overall numbers: Bloomberg reported that U.S. For the range of $25 million to $99 million, the average underwriting fee is 7 percent; that number scales down to about 3.5 percent for deals above $1 billion, with the average number of investment banks ballooning from four to 16 along that scale.

Numbers 108

Numbers Banking Securities Investments 108

PYMNTS

NOVEMBER 17, 2020

Powered by Visa’s dynamic card verification value 2 (dCVV2) technology and powered by Keyno’s turnkey implementation technology , the credit union is looking to pioneer a simple security upgrade that it believes will help reverse the onslaught from CNP fraudsters coming at them. We think that [is] definitely going to be at play here.

Securities 126

Securities Finance Numbers Technology 126