PYMNTS

MAY 19, 2020

The FTC alleged the Utah-based company operated deceptive trial memberships and bogus government grant and money-making schemes in 2010. More than 147,000 consumers who were scammed by I Works are getting full refunds totaling $12 million, the Federal Trade Commission (FTC) announced Monday (May 18). will receive their refunds via PayPal.

Online 179

Online Utah Cards Operations 179

PYMNTS

DECEMBER 27, 2016

PYMNTS consulted 21 payments executives from across the industry to share their insights on the biggest takeaways from 2016 as part of the “Payments 2016, The Year Of …” eBook. Payments 2016: The Year of Payment Innovation Via Predictive Analytics. This was the year for payment innovation through predictive analytics.

Analytics 110

Analytics Innovation Payments eBook 110

Bank Innovation

FEBRUARY 29, 2016

In a sign of the times in consumer lending, Auto Finance News today announced the launch of Auto Finance Innovation 2016, a new industry forum to explore the fintech revolution and how it is reshaping automotive lending and leasing.

Innovation 150

Innovation Lending Fintech Industry 150

Bank Innovation

JUNE 15, 2016

Bank Innovation Israel 2016 registration has officially opened today. The only Western fintech event in Startup Nation, the 2016 Bank Innovation Israel will take place 1-3 November at the Dan Tel Aviv. The event is presented by Bank Innovation, one of the world’s leading fintech blogs.

Innovation 150

Innovation National Fintech social media 150

PYMNTS

JANUARY 20, 2017

To combat 2016’s considerable slowdown in the grocery market as sales continue to move online, many grocery stores have started introducing grocerants. Using DinnerCall’s solution, grocerants can make their prepared foods and meal kits available for online order and pickup.

Online 100

Online Millennials Analytics System 100

PYMNTS

DECEMBER 30, 2016

Consumers flocked to online and mobile commerce , robots rose in food and consumer goods , and brick-and-mortar stayed relevant with retail experimentation — pop – ups , flash sales , store-in-store and showrooms. In 2016, I believe that physical retail may be facing its own ‘Kodak moment,’” wrote Karen Webster. “How

Retail 123

Retail Online Customer Experience Trends 123

PYMNTS

DECEMBER 30, 2016

PYMNTS consulted 21 payments executives from across the industry to share their insights on the biggest takeaways from 2016 as part of the “Payments 2016, The Year Of…” eBook. Payments 2016: The Year Of An Incredible Shift In Retailer And Consumer Expectations. My company is in loyalty, or behavior incentivization.

Retail 129

Retail eBook Payments blockchain 129

Bank Innovation

FEBRUARY 16, 2016

Adyen operates in more countries and currencies than competitor Stripe, and serves large, international operations, while Stripe works with startups and developers. What do they have in common? In terms of payments, they all use the services of Adyen, the Amsterdam-based payments giant. Adyen’s Read More.

Branding 170

Branding Operations Payments Online 170

PYMNTS

NOVEMBER 27, 2017

operator of China’s leading online lender Fenqile, was slated to meet with advisers over the weekend to decide if it will go ahead with a proposed initial public offering (IPO) in the U.S. Investors have been questioning the regulatory climate for online lenders in China during premarketing meetings for the IPO.

Online 100

Online Lending Regulation Meeting 100

PYMNTS

DECEMBER 30, 2016

FinTech is no stranger to this pattern, and while venture capital levels have seemed to dwindled in certain markets (analysts found VC funding down by 29 percent in 2016 compared to last year), B2B startups remain the apple of many investors’ eyes. India saw a particularly lucrative year. Logistics.

Capital 124

Capital National Resources Apple 124

PYMNTS

JANUARY 9, 2018

Target is reporting strong in-store and online holiday sales, according to The Wall Street Journal. Target’s CEO, Brian Cornell, reported the company’s physical locations helped fulfill a plethora of online orders during the holiday shopping rush, particularly for toys like the Barbie Dreamhouse, L.O.L. The same segment saw a 1.3

Online 109

Online Retail Apple Strategy 109

Bank Innovation

FEBRUARY 24, 2016

The panel of judges — Scarlett Sieber of BBVA; Sam Maule of Carlisle & Gallagher; Ryan Falvey of the Center for Financial Services Innovation; Matt Wilcox of Fiserv; and Phil Ryan of Bank Innovation — will decide which company is worthy of the “Best in Show” DEMOvation crown at Bank Innovation 2016.

Innovation 150

Innovation Seattle Fintech Company 150

Bank Innovation

FEBRUARY 1, 2017

The payment network enabled 80 million accounts at yearend 2016, and added five new Read More. When Mastercard fully rolled out its digital wallet last year – into the overcrowded market – it was unclear whether the company would be able reach the adoption goals set out by CEO Ajay Banga. But it did.

Marketing 150

Marketing Payments Company Operations 150

PYMNTS

OCTOBER 7, 2019

It started online and soon added stores where people could go and try on clothes and then place orders for them to be delivered. Walmart has a few eCommerce properties, like Jet.com, which it bought in 2016. The decision for the layoffs came from Bonobos, she said. Walmart bought Bonobos for $310 million in 2017.

Online 100

Online Retail Digital Strategies Branding 100

PYMNTS

MAY 2, 2017

A business run by self-proclaimed nuns is making a living by selling “healing” pot online. Christine Meeusen, who goes by the name Sister Kate, is the founder of a medical cannabis company, which she operates out of her home in California’s Central Valley, according to Business Insider.

Online 129

Online Policies US Security 129

PYMNTS

AUGUST 22, 2018

The online marketplace has disrupted any number of verticals, changing the way we shop and spend, and where we grab must-have items — from books to rugs to lamps, and sometimes from across international borders. We operate the only truly global luxury digital marketplace at scale, seamlessly connecting brands, retailers and consumers.

Online 101

Online Retail Branding Data 101

PYMNTS

JULY 26, 2016

Alibaba , the Chinese eCommerce marketplace giant, has announced plans to expand its reach to Australia by the end of 2016, according to media reports.

Tools 100

Tools Strategy Branding Marketing 100

PYMNTS

AUGUST 18, 2017

Case in point: Walmart beat on earnings and revenue, saw same-store sales grow and online sales explode. Walmart’s online sales grew 60 percent year over year in the second quarter, which ended on July 31. Walmart said most of the growth had come from its own online business and not the acquisitions it has made in the past year.

Online 104

Online Retail United States Branding 104

PYMNTS

AUGUST 14, 2017

It costs merchants nothing to join or remain on Sky.Garden; all they provide is their shop name, MPesa phone number and a few personal and business details (such as operating hours). What the Sky.Garden platform does differently is allow sellers to manage online inventory just as they would in a brick-and-mortar setting.

Online 131

Online social media Mobile Software 131

PYMNTS

APRIL 18, 2019

The indictment alleges that, since late March 2016, Ronald MacCarty, Chester Anderson and Jarrette Codd ordered large quantities of microcrystalline cellulose (MCC) before incorporating a company called Next Level Research and Development. million in cryptocurrency. “It is definitely a significant arrest.”

ATM 100

ATM Online New York Bitcoin 100

Bank Innovation

JUNE 23, 2016

Lucy Peng, CEO, Ant Financial Ant’s latest fundraising round – the largest ever anywhere – of $4.5 billion, and its overall valuation of more than $60 billion, have turned the Alibaba spinoff into one of the most valuable private tech companies in the world. Launched in 2014, Ant Financial Read More.

Innovation 284

Innovation Company social media Operations 284

PYMNTS

DECEMBER 26, 2016

There are just five more days until we can leave 2016 behind for good. As 2016 becomes history, we should take special care not to forget it — lest we have to hear about being doomed to repeat it (there’s always that one person). If there’s one thing that’s for certain, 2016 showed us that the gig economy is here to stay.

Fraud 110

Fraud US Data Payments 110

PYMNTS

MAY 30, 2016

And to make sure that everyone starts off 2016, Part II on the same footing, we thought we would bring you a few of the top trending stories, as well as hot data/research topics, that will give you a head start on that all-important planning for 2016 and beyond. Online Checkout Conversion. Are SMBs Ready For EMV?

Trends 100

Trends Retail Fraud Mobile 100

PYMNTS

APRIL 11, 2017

consumers shopping with them in 2016. According to a press release , the Checkout Penetration Index, based on millions of receipts from consumers across all retailers and restaurants, both online and in brick-and-mortar, answers one simple question: “What percentage of all U. consumers bought at each store or restaurant?”

Retail 108

Retail Study Groups Mobile 108

PYMNTS

JULY 1, 2016

The accepted wisdom of the current retail reality is that no formerly brick-and-mortar brand can operate in a vacuum from the destabilizing effects of online sales. Take companies like Ulta Beauty or Sephora ,” Davidowitz told NREI. “They are insulated from Amazon.com.

Online 101

Online New York City Branding New York 101

PYMNTS

JUNE 21, 2016

It’s becoming increasingly common for analysts to release less-than-encouraging reports on this or that brand’s online sales potential. However, when Goldman Sachs decides to give a retailer’s eCommerce operations two thumbs-up, it’s a rare enough occasion to make even the cynics pay attention.

Online 100

Online Branding Retail Report 100

PYMNTS

MARCH 16, 2017

It wasn’t until 2016 that we saw the introduction of artificial intelligence (AI)–enabled chatbots bring about a necessary aspect of the technology via a conversational interface. She said, “Our Facebook Messenger virtual agent experience is faster than any website or mobile app and easier to use than any online form.

Operations 107

Operations social media Comparison Industry 107

The Paypers

JANUARY 17, 2017

(The Paypers) Walmart has reshuffled management to integrate its physical outlets and online operations, and extends authority to the online retailer Jet.com, bought for USD 3.3 billion in 2016.

Operations 28

Operations Online Management Retail 28

PYMNTS

MAY 9, 2016

Though the industry knew it was coming, the sharp migration of fraud from in-store to online channels with the growing adoption of EMV is still enough to keep any online merchant up at night. Not only is online fraud threat growing, but also it’s hitting merchants right where it hurts by putting a greater risk on digital transactions.

Fraud 100

Fraud Online United States Cyber Security 100

PYMNTS

AUGUST 18, 2017

Despite years of revenue reports indicating that online stores had become vital lifelines for retailers in every segment from furniture to fashion — accounting for more than 10 percent of retail purchases, and bringing in more than $105 billion in the first quarter of 2017 alone — some businesses have resisted selling their inventory online.

Online 100

Online Retail Alabama United States 100

PYMNTS

FEBRUARY 21, 2018

Walmart acquired Jet.com for roughly $3 billion in September 2016, followed by a series of eCommerce investments throughout 2017, including Bonobos, ModCloth and Moosejaw. We had a few operational issues from an inventory replenishment perspective.”. and around the world. “We’ll McMillon predicted.

Online 100

Online Taxes Branding Retail 100

Bank Innovation

MAY 1, 2016

Robinhood: On Target Launched in December 2014, Robinhood is a zero-fee stock trading app that quickly gained popularity among financially ambitious millennials. Robinhood was paid the enormous compliment of having “cracked the millennial code” by none other than Jay Sidhu, CEO of Customers Bank and founder of BankMobile.

Millennials 240

Millennials social media Operations Cards 240

PYMNTS

JULY 3, 2017

Even in the quiet seasons, the online travel market is susceptible to the trade winds, and they don’t always blow in agents’ favor. But what hurts a business (especially a small one) more than an October snowstorm is when online fraudsters use CNP transactions to steal their services. The End of Excessive Card Surcharges.

Online 112

Online Payments Fraud Cards 112

PYMNTS

NOVEMBER 20, 2020

Loadsmart features an online portal designed for those in the shipping business to move freight through ports and across rail lines and highways on land. Loadsmart said it has instead focused on what its online shipping platform can do for companies in the transportation business on a value-added basis, “coupled with API integrations.”.

Capital 253

Capital Online Industry Strategy 253

Bank Innovation

FEBRUARY 15, 2017

2016 was a tumultuous year for the online lender. Lending Club may be back on track with banks, but not soon enough to help its fourth quarter results. The company set high goals for the fourth quarter, including its determination to generate $2 billion in loans. The lender’s very narrow miss of Read More.

Lending 236

Lending Online Company Operations 236

PYMNTS

NOVEMBER 19, 2020

Dutch retailer Ahold Delhaize — owner of grocery behemoths Giant and Stop & Shop — has acquired a majority stake in supermarket delivery startup FreshDirect amid an online shopping surge propelled by COVID-19. “We Delhaize, founded in 2016 from a merger of Ahold and Delhaize Group, is among the biggest supermarket operators in the U.S.

Retail 153

Retail New York City New York Operations 153

PYMNTS

SEPTEMBER 22, 2016

We take a look at some of the mobile news in 2016 to see what the holiday season and 2017 may have in store. If we watch online, we skip ads — and given access to the right apps, we block them altogether … Most of us don’t like being sold to, especially by someone we don’t know.”. Autoplay May Not Mean Autopay.

Mobile 100

Mobile Video Millennials Payments 100