PYMNTS

MARCH 23, 2020

Amid the public health crisis in the country and the travel vertical, MGM Resorts International said in an announcement that Chief Operating Officer and President Bill Hornbuckle has been appointed to the position of acting chief executive officer and president. Hornbuckle replaces Jim Murren, the outgoing chairman and CEO.

Las Vegas 130

Las Vegas Nevada Leadership Conference 130

PYMNTS

FEBRUARY 3, 2020

In Beijing, many stores across multiple retail markets are closed. The move was to be completed through reverse repo operations as the country reopens its stock market Monday (Feb. No one yet knows how bad it will be. 3) from the extended Lunar New Year holiday.

United States 147

United States Marketing National Capital 147

PYMNTS

JULY 10, 2020

This exciting relationship with Yotpo offers the marketing and shipping tools that SMB customers need to quickly, cost-effectively and smartly propel their operations forward,” said Michele Peters, senior manager of UPS Global eCommerce marketing, in a statement.

Atlanta 160

Atlanta Branding New York Mobile 160

PYMNTS

NOVEMBER 5, 2020

retail, the first products the company sold were diamonds, watches and jewelry — exactly where Tiffany started. the low retail inventories and the early start of the holiday shopping season, we expect net sales to grow in the fourth quarter,” Kreiz said. million, the brand’s biggest quarterly sales since 2003.

Retail 171

Retail United States Chicago US 171

PYMNTS

DECEMBER 19, 2017

Jack In the Box acquired Qdoba restaurants in 2003, when it was an 85-location chain with around $65 million in annual sales. We are firmly committed to Qdoba’s continued growth as a leading fast casual restaurant operator.”. The brand has since grown to 700 locations in 47 states, with sales on the order of $820 million annually. “We

San Diego 100

San Diego Branding Management Operations 100

PYMNTS

JULY 12, 2018

Walmart has been operating in Japan for the last 16 years — a time described as “tumultuous” by the Financial Times ( FT ). When you look at the list of failures by foreign retailers in Japan, it is quite tough to imagine bringing in someone to manage a great turnaround story for Seiyu.

eBook 100

eBook Retail Marketing Report 100

PYMNTS

JUNE 3, 2020

It now operates in 18 countries in Latin America. It launched as the eCommerce industry took off in 2003, and has seen a surge in usage with the pandemic. MercadoLibre is an eCommerce platform similar to Amazon , with its own payments infrastructure that has grown into credit, mobile payments and asset management capabilities.

America 248

America Regional Fraud Mobile 248

PYMNTS

OCTOBER 26, 2018

That comes in the wake of BEC scams that are growing as a threat to companies of all sizes and industries as they conduct B2B operations. The three former chairmen include Ding Hui, who is the co-founder of mainland fashion retailer Fujian Nuoqi. The total spending came to as much as 12 million euros between 2003 and 2012.

Washington 122

Washington Fraud Security Report 122

PYMNTS

JUNE 22, 2020

PYMNTS recently spoke with Keala Gaines , eBay’s head of global payments services, to understand how the platform’s payments strategy has changed over the years as well as to understand the role payments has played in helping it grow from a small operation to serving business and consumers across 100 countries with 27 international sites. “I

Strategy 230

Strategy Payments America Examples 230

South State Correspondent

OCTOBER 25, 2023

The rise of card-not-present transactions for phone and then e-commerce, starting in 1994, cannibalized check volume, as did Paypal, retail ACH for phone and internet transactions in 1998. The banking industry, pushed by the events of 9/11, moved to check imaging by the Check 21 Act in 2003. From there, checks steadily declined.

Fraud 195

Fraud ATM Payments Management 195

BankUnderground

JULY 20, 2022

These are unlikely to work in the same fashion as rate cuts in positive territory, because of difficulties with charging negative interest rates on retail deposits, and because of banks’ negative return on excess liquidity. Over the past decade, several central banks have cut policy rates below zero. Four key results.

Policies 110

Policies Lending Capital Study 110

PYMNTS

JANUARY 28, 2019

Yes, I know that for many of you, especially in California, this is old news and standard operating procedure – but hear me out. The card networks left it up to the states to decide whether or not to allow its operating merchants to do so. Merchants, especially in an increasingly tough retail environment, just want the sale.

Regulation 181

Regulation Boston Cards Innovation 181

PYMNTS

JULY 11, 2016

True or false: Thanks to mobile devices and apps, American consumers spend more time today shopping than they did in 2003. In 2003, the Bureau of Labor Statistics reported that American consumers spent roughly 48 minutes a day shopping offline and online. Fifty percent of retail spend happened there. 26, is Amazon.

Google 100

Google Mobile Apple Online 100

Celent Banking

MAY 31, 2016

The T24 overhaul appears to have already borne fruit, with the Swedish retail bank Nordea Bank signing up last September to implement T24 across its regional base of 10.8 million retail and 500,000 corporate customers in several Nordic countries.

Conference 100

Conference Community Bank Boston Technology 100

PYMNTS

MARCH 2, 2020

Observers recall similarities to the SARS outbreak in 2003, which they say ignited China’s online retail sales, and expect a similar spike and continued upward surge. Startups stepped in to fill the gap that traditional players couldn’t or wouldn’t fill in banking, lending, payments and retail services.

Innovation 281

Innovation Online Video Maine 281

PYMNTS

JANUARY 28, 2019

For instance, a retailer may, on a shelf, display the cash price or the “credit price” alongside one another, may quote it verbally or may show the price differential on an invoice. The landscape may eventually become one where large enterprise merchants that operate nationally will be able to implement uniform pricing strategies nationwide.

Cards 125

Cards New York Oklahoma Connecticut 125

CB Insights

APRIL 17, 2018

15 of the top 20 operate in the Greater Bay Area. Operating Location: San Francisco, CA. He later joined Kleiner Perkins Caufield Byers as a partner for a period between 1999 and 2003. Operating Location: San Francisco, CA. Operating Location: Philadelphia, PA. Operating Location: Menlo Park, CA.

San Francisco 71

San Francisco CA Capital Operations 71

PYMNTS

APRIL 12, 2017

SW: We have had two physical ‘old school’ car washes since 2003. We are what is called a ‘full stack’ solution, meaning we own and operate the vehicles and equipment and we employee the technicians. PYMNTS: What’s the story behind how Spiffy started? I have an eCommerce background and had my first Uber experience in 2011.

Groups 131

Groups Millennials Mobile Customer Experience 131

PYMNTS

AUGUST 21, 2017

That’s where Reid Hoffman hatched the idea for LinkedIn in 2003 after inviting hundreds of his friends to create online profiles to get his idea for a professional online networking site off the ground. Speaking of online retailers, eBay went all out to court them. It’s also where Airbnb , quite literally, got its start.

Online 128

Online Retail San Francisco Mobile 128

CB Insights

JUNE 17, 2020

Retail: Shopping goes even more online as grocery joins the e-commerce revolution. VR has also helped businesses across industries keep operations running. The equipment was expensive and companies lacked the in-house expertise required to operate it. Retail: Shopping goes even more online as grocery joins the e-commerce ranks.

Industry 101

Industry Technology Online Video 101

CB Insights

AUGUST 14, 2017

Data shows that Amazon has been interested in financial services — either to reduce friction in the purchasing experience, or to own more of the payments value chain — since at least 2003, when the company applied to patent a network-based transaction processing system. a complicated billing system, and a consolidated industry.”.

Industry 47

Industry Payments Analysis Retail 47

Fintech Labs Insights

JUNE 9, 2016

After three years managing and overseeing financial operations for The Phone House, Leonore Van Waaij will take her talents to Backbase as the company’s new – and first -Chief Financial Officer. In its 2015 metrics report , Backbase noted more than 60 large FI clients, serving more than 70 million end users in 25 countries.

Management 12

Management Retail Operations Software 12

PYMNTS

APRIL 29, 2016

These are the businesses that look simple but are the hardest businesses to operate. The most valuable company in the world shed $40 billion in market cap this week as analysts reacted badly to the news that Apple sales declined for the first time since 2003. And do that at scale. You all know them.

Apple 100

Apple Lending Report Marketing 100

CB Insights

MARCH 6, 2019

After soaring to a multi-billion-dollar valuation behind an iconic founder, a team of prominent backers, and a promise to revolutionize blood testing, Theranos officially ceased operations in 2018. Theranos was founded in 2003 by Elizabeth Holmes, then an undergraduate student at Stanford University’s School of Engineering.

Report 78

Report San Francisco Capital Company 78

CB Insights

APRIL 24, 2018

Research BRIEFING: Surviving the Retail Apocalypse. How are brick-and-mortar retailers surviving and adapting in the world of digital commerce? The retail apocalypse has claimed many victims , with almost 7,000 stores closing in the US in 2017. And that’s just since February. However, this isn’t the whole story.

Retail 59

Retail Trends Technology Branding 59

CB Insights

AUGUST 14, 2018

Here’s IBM’s chairman minimizing how Amazon might transform retail and internet sales all the way back in 1999. “Amazon.com is a very interesting retail concept, but wait till you see what Wal-Mart is gearing up to do,” he said [IBM Chairman, Louis V. Gerstner Jr.]. “They get Zambonied.”

Bitcoin 78

Bitcoin Apple Industry Nebraska 78

CB Insights

SEPTEMBER 27, 2017

Here’s IBM’s chairman minimizing how Amazon might transform retail and internet sales all the way back in 1999. “Amazon.com is a very interesting retail concept, but wait till you see what Wal-Mart is gearing up to do,” he said [IBM Chairman, Louis V. Gerstner Jr.]. “They get Zambonied.”

Bitcoin 65

Bitcoin Apple Innovation Industry 65

PYMNTS

JULY 18, 2016

The big daddy of the video rental industry at the time was Blockbuster , and it operated more than 4,500 such outlets. By June 2003, DVD rentals overtook VHS rentals. So, too, are the cable operators. It could have only made the app available on certain operating systems or devices. Fifteen percent of U.S.

Payments 100

Payments Video Marketing Course 100

CB Insights

OCTOBER 16, 2018

2003: Long-term thinking is rooted in ownership. The customer is more empowered than ever, and as a retailer, that means you’re never safe from your competition. In fact, in 2017, all of Amazon’s operating income came from AWS, a once-risky bet on a “dreamy” business idea. 2016: Move fast and focus on outcomes.

Customer Experience 78

Customer Experience Innovation Company Technology 78

PYMNTS

MAY 24, 2018

Necco had moved its operations to a large 50-acre site after leaving its longtime plant just outside Boston in 2003. “They’re going to be running a candy company — [it remains to be seen] where it’s going to be and how it’s going to be, but it’s going to be Necco.”.

Boston 100

Boston Ohio Massachusetts Company 100

CB Insights

FEBRUARY 28, 2019

The company’s operations and underlying value are the only things that matters, to Buffett. In the aftermath of the crisis, retail and institutional investors offloaded massive numbers of stocks in businesses weak and strong. Buffett’s warning was a prescient one for retail investors who decided to take it.

Omaha 78

Omaha Company Capital Management 78

CB Insights

OCTOBER 29, 2018

In the early 2000s, venerable retailers Sears and Kmart began losing ground to Walmart and Target, with Kmart even filing for Chapter 11 in 2002. Date: March 20, 2003. The mega-company reported a $45B write-down in 2003 and then a $100B yearly loss. Sears and Kmart. Date: March 24, 2005. Price: $11B. Don’t fail.

Google 76

Google Software Company Innovation 76

CB Insights

NOVEMBER 16, 2017

Both Lefkofsky (with Groupon) and Kleiner Perkins (with Cerent) were able to win so big in part because they had hands-on operational roles in their investments. Apax Partners also first invested in King Digital in 2005, when the company was still distressed from a point of near-bankruptcy in 2003. When Snap Inc.

Lending 78

Lending Capital Company Google 78

CB Insights

MAY 1, 2018

While still in operation, Google+ is hardly anybody’s favorite social network. ViewSonic Airpanel Smart Display V110, Microsoft (2003). Enter the Nook, their attempt at staying relevant and maybe even reclaiming some of their lost market share from the online retailer. P’zone, Pizza Hut (2003).

Innovation 78

Innovation Google Apple Video 78