PYMNTS

SEPTEMBER 15, 2020

In an interview with Karen Webster, Vilash Poovala , founder and CEO of FinTech Oyster , said online financial platforms, powered by open banking, can serve as alternatives for business banking in a country where business banking seems an afterthought. The world needs a FinTech operating system.”.

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System Operations Fintech Taxes 258

PYMNTS

MAY 8, 2020

The shift to digital commerce is more urgent than ever — and so are some of the potential pitfalls as fraudsters recalibrate their attacks and eye card-not-present transactions as a new way to make off with ill-gotten gains. And, she added, for merchants that already had an online presence, there’s been a marked volume swing.

Cards 260

Cards Fraud Online Operations 260

PYMNTS

JANUARY 20, 2021

Pointing to increased demand for premium products and continued lifestyle changes from the coronavirus, Procter & Gamble reported an 8 percent increase in total revenues Wednesday, led by a 50 percent increase in its online sales. Constructive Disruption.

Online 292

Online Report Strategy Trends 292

PYMNTS

JANUARY 11, 2021

That network, in combination with Equifax, will use advanced technologies to connect data “signals” that stem from 32 billion online interactions, five billion annual transactions and 17 billion unique devices across the globe, as the company said in its announcement tied to the acquisition. The deal is anticipated to close in Q1 of 2021.

Fraud 158

Fraud Online ATM United States 158

South State Correspondent

SEPTEMBER 19, 2024

There is a myriad of manual processes that take place everyday in banking driving up unit economics and causing the average bank to operate with a 77+% efficiency ratio. To be competitive in the future, banks need to be operating at an efficiency ratio of below 40%. return on asset figure. This is an example of scalability in banking.

Examples 195

Examples Lending Operations Management 195

PYMNTS

AUGUST 7, 2020

Barrons: Online Lender Kabbage Shopping for Buyers. Report: Skillz Takes Bowling Online — And Strikes Out Bad Actors (Digital Identity Tracker) . With consumers largely avoiding bowling alleys, some operators are looking to strike it big by integrating with digital gaming platforms, making them vulnerable to fraudsters.

Online 210

Online Apple Florida Analysis 210

CFPB Monitor

MAY 23, 2019

The FDIC has announced that it has entered into a settlement of the lawsuit filed against it and the OCC in 2014 by a trade group and several payday lenders challenging “Operation Choke Point” — a federal enforcement initiative involving the FDIC, OCC and other federal agencies. In July 2017, the D.C.

FDIC 112

FDIC Operations Policies Regional 112

PYMNTS

APRIL 11, 2019

Well, digital commerce and payments present a new opportunity for such stories and memories – and new challenges and dangers for beer, wine and liquor merchants looking to grow and thrive. First, he wants people to know what the growth of online alcohol sales really means, so no one carries around misconceptions. reached $1.7

Online 169

Online Retail Regulation Maine 169

PYMNTS

FEBRUARY 5, 2019

5), details emerged about the success and failure of the new online sports betting regime in the U.S. million worth of wages with legal New Jersey sportsbook operators, but that gambling operators lost $4.6 A clear picture of online gambling spend, losses and trends is yet to emerge, but some general data points provide detail.

Las Vegas 122

Las Vegas Online Nevada Mississippi 122

PYMNTS

NOVEMBER 8, 2016

7) it has bought online diamond and luxury jewelry eStore Zoara.com. In a press release , The Dalumi Group said Zoara.com has sales in more than 40 countries around the globe and is a main player in the online sales of loose diamonds, diamond engagement rings and diamond jewelry. Terms of the deal were not disclosed.

Groups 151

Groups Online Maine Marketing 151

PYMNTS

JANUARY 14, 2020

As diverse as they may be, they share a few common characteristics: an automated online application process, the use of proprietary algorithms to determine creditworthiness and a focus on speed and inclusivity. On that score, online lenders have been successful, according to a just-released study from the Cleveland Federal Reserve.

Online 131

Online Cleveland Lending Study 131

Perficient

APRIL 3, 2024

Insurers are constantly striving to improve their operations, provide better experiences for customers, and minimize risks. ” Brian Bell, Perficient’s Insurance Principal, who was also quoted in the report, highlights the significance of another emerging technology: critical event intelligence. Interested in learning more?

Technology 221

Technology Report social media Industry 221

PYMNTS

OCTOBER 30, 2020

Many cybercriminals are now conducting eSkimming attacks designed to steal card data online instead of putting in the time and effort to launch schemes that involve tampering with physical card terminals, said Lindsay Land , vice president of operations at Consumers Credit Union. . “I Safeguarding Card Details.

Cards 192

Cards Online Fraud social media 192

PYMNTS

JANUARY 14, 2020

As diverse as they may be, they share a few common characteristics: an automated online application process, the use of proprietary algorithms to determine creditworthiness and a focus on speed and inclusivity. On that score, online lenders have been successful, according to a just-released study from the Cleveland Federal Reserve.

Online 132

Online Cleveland Lending Study 132

PYMNTS

JULY 15, 2019

Starbucks China Retail Chief Operating Officer and President Leo Tsoi said in the announcement about the new express retail concept, “The Starbucks Now store is a testament to our unwavering commitment to delivering innovative customer experiences through new retail formats. China’s Digital Coffee Market.

Online 131

Online Retail Mobile United States 131

PYMNTS

OCTOBER 25, 2019

Now, the fast-growing operation is tapping into one of the growing trends in payments and commerce by offering online financing for its many partners. To get a better handle on what’s going on — and why OYO is embracing hotel financing — PYMNTS recent talked with Abhinav Sinha, chief operating officer and operating partner at OYO USA.

Online 100

Online US Trends Operations 100

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 18, 2019

Against that backdrop, considering the speed at which states are accepting online sports betting (and the strength of the dollars flowing into the space), legalized gambling via mobile seems a sure wager. Several other states have online gambling legislation in the works.

Online 108

Online How To Payments Mobile 108

PYMNTS

OCTOBER 24, 2016

Drizly, the alcohol delivery platform startup, is testing the ability for customers to buy online and pick up their spirits in a store. Drizly isn’t a company that operates its own stores, but rather it works with liquor stores in 27 markets around the United States that give Drizly their inventory and pricing lists.

Online 100

Online United States Comparison Report 100

Perficient

MARCH 4, 2021

It outlines a set of guidelines for designers, content developers, and front-end developers to use to design for accessibility, known as “POUR” – perceivable, operable, understandable, and robust – and furthers the idea that functionality enhances design. To be perceivable, information then needs to be presented in more than one format.

Guidelines 376

Guidelines Technology Video Operations 376

PYMNTS

FEBRUARY 1, 2021

Lexus , in one case, is testing a program that it says will provide customers with greater control over how they buy their vehicles, more clarity into present inventory and live pricing, and the “flexibility to shop when and how they want,” according to a Monday (Feb. 1) announcement.

Branding 203

Branding Online Technology America 203

PYMNTS

JUNE 11, 2018

In news that might please frat boys, fans of European beer and owners of man caves, Heineken has started online sales of its home tap machines and the two-liter kegs that work with it. But this is not Heineken’s first foray into online beer sales. Online alcohol sales in the United States reached $1.7

Online 115

Online United States New York City Georgia 115

PYMNTS

AUGUST 28, 2017

Alternative payment options stand to fuel acceptance as they alleviate customers’ fears surrounding credit cards and fraud, and domestic online marketplaces are beginning to take root. But Amazon won’t get to enjoy its status as the only major online marketplace in the region for long. There are, however, positive trends afoot.

Online 124

Online Regional Marketing Cards 124

PYMNTS

JULY 10, 2018

Use of online banking portals for corporates is ubiquitous — 99 percent of executives recently surveyed by JPMorgan said they conduct business banking online. Most survey respondents told JPMorgan that, though they conduct banking online, there are some processes that require in-person or over-the-phone interactions with their banks.

Online 100

Online Meeting Survey Analysis 100

PYMNTS

FEBRUARY 12, 2019

But it’s in service of a larger, very important point: Online fraudsters are much smarter than they were just a decade ago, and slavish adherence to rule-based fraud prevention systems will, essentially, leave a door or two open for those criminals to come through. Then be prepared to toss out the rules. Okay, that’s hyperbolic.

Online 142

Online Fraud Video System 142

PYMNTS

NOVEMBER 2, 2017

The AR View feature represents a digital enhancement similar to Apple’s shoppable AR stickers, a cartoon-like version of the virtual reality present. Other big names have also added AR store functions to their online shopping offerings, including Swedish furniture giant IKEA , discount retailer Target and home furnishings firm Wayfair.

Online 101

Online Chicago Retail Apple 101

PYMNTS

OCTOBER 5, 2016

As the worldwide dominance of large, multinational banks begins to wane, it’s often necessary for a platform company “to open a local bank account in [specific countries],” which can present additional difficulty. Once payment mechanisms are established, the actual process of scaling up operations begins.

Online 183

Online Strategy Payments Compliance 183

Gonzobanker

SEPTEMBER 5, 2024

With the inefficient, circa-2004 borrowing processes resident in many banks’ loan departments today, too few lenders are equipped to deal with the rising tide of home equity volumes that will descend like a tsunami on their operations the moment Fed chairman Jerome (What-Are-We-Waiting-For) Powell announces a rate cut. It’s coming, lenders.

Lending 139

Lending System Online Operations 139

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

DECEMBER 30, 2020

Whether through the use of online marketplaces or proprietary supplier portals, B2B sellers embraced the opportunity to connect with business customers online, while buyers reciprocated by sourcing, procuring and paying for goods the way they do in their personal lives. Embedded Finance.

Online 302

Online Meeting Payments Fintech 302

PYMNTS

AUGUST 17, 2020

In a letter, as reported by various media outlets in India, the All India Organization of Chemists and Druggists argues that laws from the 1940s prohibit the sort of home delivery operation that Amazon is piloting in India. For years, pharmacists have complained about confusion around what is allowed as small operations have launched.

Groups 251

Groups Regulation Operations Meeting 251

PYMNTS

AUGUST 28, 2019

A significant share of Generation Z consumers — those aged 18 to 25 — are turning to buy online, pick up in store ( BOPIS ) purchasing models to meet their speed needs. The survey also found that 59 percent of respondents turned to BOPIS to get items faster than online shopping can provide. Tractor Supply Co.

Retail 108

Retail Online Study Alaska 108

PYMNTS

OCTOBER 11, 2017

lags behind other countries that have already adopted EMV card standards (so far, there are around 80 in total), it is only just beginning to see what those 80 other countries have already realized: As commerce moves online, so does crime. Digital goods and online markets are still in their early days, believe it or not. Since the U.S.

Online 111

Online Fraud Retail Cards 111

PYMNTS

JANUARY 3, 2021

MGM Resorts International is trying to acquire Entain , the British parent of major online-gambling player Ladbrokes , the Wall Street Journal reports. Online gaming already was a growing threat to MGM and other brick-and-mortar casino operators before COVID-19 forced the closing of gambling halls.

Company 168

Company Report New York Online 168

PYMNTS

MAY 1, 2019

Google appears to be losing steam in the ongoing race to dominate the online advertising market, and competitors Amazon and Facebook are taking advantage of the stumbles. Another issue is attached to this recent news: Searches – specifically, product searches, which help drive online commerce. YouTube Concerns.

Google 115

Google Online Course social media 115

PYMNTS

JUNE 26, 2020

The pandemic has the potential to change the way any number of business verticals operate — especially industries like real estate, which typically have been based on in-person meetings and tours between property owners or real estate agents and would-be renters or homebuyers. That model may be ripe for change in the age of social distancing.

Operations 278

Operations Tools Security Management 278

PYMNTS

JANUARY 31, 2018

One company, Fleet , which originally launched as Shipstr in 2014, seeks to change the way logistics is done through an online marketplace. How about getting online and Google searching for freight forwarders? The online option as offered by Fleet is a differentiator, according to Lock. “We,

Online 142

Online blockchain California Examples 142