PYMNTS

MAY 7, 2020

However, consumers are reportedly turning to online casinos and sportsbooks, as the pandemic has closed brick-and-mortar casinos in markets such as the United States to minimize risk. percent that month compared to March 2019, according to the latest PYMNTS Disbursements Tracker , its gaming revenues over the same period jumped 65.7

Online 210

Online Las Vegas New Jersey Nevada 210

PYMNTS

AUGUST 7, 2020

Millions of consumers around the globe are turning to online games during the COVID-19 pandemic, and cybercriminals are springing into action with schemes to target them. Online gambling compliance experts are also predicting that cybercrime will sharply rise in the coming months. Why Online Gaming Appeals To Fraudsters .

Online 222

Online System Fraud Video 222

PYMNTS

MAY 8, 2020

Online gambling or gaming is one possible outlet, and the sector may even make it through the pandemic with less financial damage than other industries. Online Gambling Changes . The pandemic is sweeping through an already critical year for online betting. million in March 2019. reaching a value of $102.9

Online 176

Online Industry New Jersey Pennsylvania 176

PYMNTS

FEBRUARY 9, 2020

Companies paid an average of $84,116 in the last quarter of 2019 to get their files back from online thieves, according to data from security firm Coveware. What we find most concerning is that it causes not just direct costs, but also indirect costs of lost operations,” said Herbert Stapleton, FBI cyber section chief. “We

Data 189

Data New York Bitcoin Security 189

PYMNTS

JUNE 3, 2019

In a blog post , Bill Ready, PayPal’s chief operating officer, said the new digital platform will provide what the company is calling the most comprehensive set of technology, tools, services and financing for businesses of all sizes around the world. The payment company plans to expand to more than 40 markets by the end of 2019.

Online 206

Online United States Meeting Tools 206

PYMNTS

MAY 14, 2020

Every online wine company that reports sales has noted big spikes during the pandemic. The latest to report, Wine.com – which bills itself as the nation’s leading online wine retailer – earned $165 million in revenue and saw 25 percent growth for fiscal 2020, ending March 31. With sales of $3.2

Online 164

Online Retail Millennials Analytics 164

PYMNTS

DECEMBER 10, 2020

This month’s Deep Dive examines how mobile and contactless payment options are poised to reshape the corporate payments ecosystem as well as how virtual cards can help businesses adapt their operations to the digital-first payments ecosystem that has emerged. . Reshaping Business Payments . Adapting To A Mobile, Contactless Normal .

Operations 192

Operations Payments Cards Mobile 192

PYMNTS

SEPTEMBER 17, 2020

Online sportsbooks have been beneficiaries of that dictum ever since COVID-19 eradicated most live sports, leaving millions of fans and a great many bettors potentially mired in boredom. DraftKings signed a multiyear deal in 2019 to be an authorized NBA betting operator. How much potential does online gambling have?

Online 168

Online Indiana New York Nevada 168

PYMNTS

JANUARY 21, 2021

Taking up 54,000 square feet on the fifth floor of a Saks store a few blocks from Barneys’ former location, the new operation will feature apparel from Fear of God and other cutting-edge clothing lines. However, Barneys fell into bankruptcy in 2019, due in part to rising rents at its Manhattan and Los Angeles stores.

Retail 246

Retail Los Angeles New York Branding 246

PYMNTS

NOVEMBER 25, 2020

24) that it enjoyed a 61 percent jump in online sales during its fiscal third quarter ended Oct. But all in, Gap Global’s net sales dropped 14 percent year over year, with comparable sales for the brand falling 5 percent from Q3 2019. billion at Q3 2019’s end. said Tuesday (Nov. Gap added that it finished Q3 with $2.6

Online 170

Online Branding Retail Management 170

PYMNTS

SEPTEMBER 29, 2020

Filipino online payments platform PayMongo has come off a funding round with $12 million, according to a press release. The company launched in 2019 and had a seed round then for $2.7 Plaza said the impetus to form the company came from realizing how difficult it was to integrate payments into new online services.

Payments 300

Payments Capital Online Meeting 300

PYMNTS

JANUARY 4, 2019

Stepping into this world is vital for anyone serious about preparing a proper defense against online fraudsters in 2019. The dominant source of fraud these days is online fraud, Yu said, and the more data a criminal gang can steal, the better the chance at profit. Sure, that’s almost a cliché — know thy enemy. Criminal Rings.

Fraud 190

Fraud Online How To Course 190

PYMNTS

AUGUST 10, 2020

What they need is an online auction marketplace. Successful online selling, especially on a one-off basis, is tough. We’re talking lay sellers, not savvy operators with digital storefronts. For Mercari, it is online auctions as a touchless app experience akin to mobile order-ahead. Plenty of those around.

US 278

US America Online Mobile 278

Perficient

AUGUST 19, 2020

Kurt Heslop, lead technical consultant, started volunteering at the shelter in April 2018 to spend time with dogs, but it soon evolved to much more than that after joining the Board of Directors in December 2019. He wanted to use his experience in technology to help the shelter in a unique way.

Technology 539

Technology Oregon Community Training 539

PYMNTS

JULY 5, 2020

Federal workers, through partnerships with several online retailers, will now be able to purchase equipment like desks or office supplies through an eCommerce network for the first time, The Washington Post reports. Leaders at Overstock said the new GSA initiative would help them with their retail operation.

Online 149

Online Retail Washington Fraud 149

PYMNTS

JUNE 15, 2020

Walmart last month launched Walmart Pay, its touch-free payment system, while expanding the ability of customers to shop online by rolling a number of apps into one central Walmart app. Walmart also saw a substantial 10 percent jump in comparable store sales over the same period in 2019.

Arkansas 280

Arkansas United States Online Regional 280

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

PYMNTS

DECEMBER 28, 2020

Some predictions pre-holiday ranged as high as a 5 percent increase over 2019; some called for flat spending. percent in 2019. percent and online sales growth of 3.3 What’s more interesting is what might be a new “black” shopping holiday, which is the last day that retailers guarantee online shipping. percent online.

Data 260

Data Retail Online Report 260

Bank Innovation

JANUARY 2, 2019

It's the beginning of a new year, and naturally new trends will take shape. The seed for some trends like voice banking and contactless payments were already planted last year, while others such like core overhauls went relatively untouched last year.

Trends 218

Trends Fintech cryptocurrency Payments 218

PYMNTS

SEPTEMBER 28, 2020

Saudi Arabia and the United Arab Emirates are attempting to square away increasing consumer use of online channels with their privacy and banking standards. The country’s Data Protection Law was announced in 2019 and officially came into effect in July 2020. For more on these and other stories, visit the Tracker’s News & Trends.

Online 151

Online Report Payments Regulation 151

Bank Innovation

MARCH 14, 2019

Customers increasingly expect banks and other financial institutions to meet them where they are with full functionality, said panelists at Bank Innovation Ignite 2019 in Seattle on Tuesday.

Seattle 199

Seattle Meeting Innovation Online 199

PYMNTS

AUGUST 31, 2020

Reliance , which is already referred to as the “Amazon of India,” owns and operates more than 10,000 stores across categories including supermarkets, consumer electronics, apparel and other various segments, and also owns several eCommerce sites. Amazon could also be restrained in India by an antitrust suit filed in the country last week.

Retail 263

Retail Online Groups Industry 263

PYMNTS

OCTOBER 13, 2020

The program will also appear in the customer’s PayPal wallet, which will give them a way to manage payments online or on their mobile apps. in 2019, with the trend expected to double in use by 2023. The release says there was a 39 percent increase year over year of people utilizing BNPL services in the U.K. Rob Harper , U.K.

Operations 236

Operations Online Trends Retail 236

PYMNTS

AUGUST 7, 2020

To address grievances, the central bank will require payment system operators to introduce an online dispute resolution center. The 2019 audit found that the personal data held by the nation’s primary digital payments system, which is operated by the RuPay card network, was vulnerable. In July, the National Payments Corp.

Payments 267

Payments Guidelines National System 267

PYMNTS

JUNE 23, 2020

The COVID-19 pandemic has been a “great accelerator” in driving Kohl’s to embrace eCommerce and make other changes in its operations faster than planned, the retail giant’s Chief Executive Michelle Gass said on Monday (June 22). Digital sales for the quarter were up 24 percent.

Retail 179

Retail Online Report US 179

Perficient

NOVEMBER 17, 2020

Some of these solutions were set up in a matter of days, providing immediate results to drive operations forward. But these changes will have impacts on back-office and contact center operations, and banks face two strategic challenges. increase in online account openings since the onset of Covid-19, compared to a 9% increase in 2019.

Mobile 294

Mobile Online Conference Customer Experience 294

PYMNTS

AUGUST 6, 2020

Carvana , which works in the market of selling used cars online, announced its revenue was sitting at $1.12 And while that bodes well for Carvana, the company will face competition from traditional dealers moving to online space, too. billion and that it had sold 55,098 units in the second quarter, according to a press release.

Customer Experience 152

Customer Experience Policies Online Company 152

PYMNTS

NOVEMBER 25, 2020

billion in the first three quarters of 2020, which is 20 percent more than the same period in 2019. We’re operating at this intersection of finance and technology, which are both industries that are woefully underrepresented by women in the first place,” Alaina Sparks , a managing director and the U.S.

Fintech 288

Fintech New York Innovation Industry 288

PYMNTS

JULY 2, 2020

OPay , the SoftBank -backed African eCommerce and payments company, has suspended its Nigerian operation, citing the coronavirus pandemic and also a government ban, Bloomberg reports. The operations affected include ride-hailing services ORide and OCar, and logistics service OExpress, Bloomberg reports.

Operations 198

Operations Mobile Report Payments 198

PYMNTS

APRIL 29, 2020

The COVID-19 pandemic has prompted traditional banks to take fresh looks at their digital initiatives and has given digital-only banks the opportunity to learn about the advantages and hurdles of serving customers primarily through online and mobile channels. Building Trust Between Banks and Consumers Online.

Digital Banking 263

Digital Banking Cards Trends Online 263

PYMNTS

JULY 1, 2020

We can only hope at this point for a gradual recovery,” LVMH Chairman Bernard Arnault told investors on an online call Tuesday (June 30). billion compared to 2019. billion in 2019. This will bring some relief to luxury retailers, as they can now open their stores and resume operations.”. percent this year, a fall of $2.1

Branding 246

Branding Regional United States Groups 246

PYMNTS

DECEMBER 16, 2020

13) that Monthly Unique Payers (“MUPs”) for its business-to-consumer (B2C) operation surged 64 percent in contrast to Q3 2019. This makes DraftKings the franchise’s “official sports betting, iGaming and daily fantasy operator.” DraftKings reported on Friday (Nov. DraftKings announced on Wednesday (Sept.

Retail 230

Retail Cards Payments New York 230

Perficient

JULY 15, 2020

Planning Analytics is powered by the in-memory online analytical processor engine of IBM TM1 and deployable on cloud or on-premises. A problem arises because there are multiple cloud providers in addition to on-premise servers and a variety of operating systems. What is IBM Cloud Pak for Data? Container Virtualization. Kubernetes.

Analytics 340

Analytics Data System Analysis 340

PYMNTS

SEPTEMBER 4, 2020

By the numbers, both Walmart and Amazon exceeded all expectations in terms of earnings, but they operated through the quarter on very different levels in other areas. via Amazon have increased from $86 billion in 2014 to $339 billion in 2019. Now compare that to Q2 2019, and the 6.4 billion in Q2 2019. billion to $110.5

Retail 249

Retail Seattle Exercises Online 249

PYMNTS

JANUARY 19, 2021

sports betting and online gaming venture with Entain, remains a key priority for the Company as we continue to leverage our preeminent physical gaming, entertainment and hospitality platform to expand digitally," Bill Hornbuckle , CEO of MGM Resorts International, said in a press release on Tuesday (Jan. BetMGM, our U.S.

Las Vegas 206

Las Vegas Online Operations Branding 206

PYMNTS

SEPTEMBER 30, 2020

Capify is an online alternative lender that serves SMBs in the U.K. The FinTech has been operating in those markets for over 12 years. “It Capify is one of the few online small-business lending platforms in the marketplace that can” meet the needs of SMBs, he noted. and Australia seeking “to sustain or grow their business.”

Fintech 210

Fintech New York Capital Lending 210

PYMNTS

MAY 22, 2020

Additionally, the company reported a net loss for Q1 2020 of $306 million compared to net income of $421 million in 2019. TJX does not have an appreciable online shopping capacity and closed all of its 4,529 retail locations globally on March 19. The news comes as TJX reported positive trends in store reopenings. Net sales were $4.4

Report 240

Report Retail Operations Trends 240