PYMNTS

APRIL 14, 2020

Retail demand has risen sharply for items like home cleaning supplies and groceries, while dropping off in other product categories, leaving companies to adjust to these shifting purchasing patterns. Supermarket companies are also working out new arrangements with their suppliers to be able to sate soaring customer demand.

B2B 119

B2B On-Demand Adjustments Accounts 119

PYMNTS

SEPTEMBER 29, 2020

Target’s event, first reported by the Minneapolis Star Tribune, will feature “digital deals on thousands of items, more than double what the retailer offered last year, as it adjusts to the surge of consumers who have shifted to shopping online during the coronavirus pandemic. Target announced on Monday (Sept. On Monday (Sept.

On-Demand 104

On-Demand Adjustments Volume Continuity 104

Fintech News

AUGUST 26, 2024

Millennial and gen Z individuals are seeking products tailored to their on-demand lifestyle. This demand has led insurtech companies to develop products that are bite-sized, usage-based, and customizable coverage. Across the region, insurers are rising to the challenge by offering innovative products and services.

On-Demand 143

On-Demand Product Transactions Adjustments 143

PYMNTS

AUGUST 14, 2020

The eCommerce landscape is shifting on multiple fronts, with sellers embracing digital channels and adjusting their business models to a new reality of customer demands. Meeting Corporate Buyer Demands. This creates new challenges and paradigms for payment flows. B2B eCommerce sales in the U.S. alone are expected to hit $1.2

Treasury 118

Treasury Payment APIs and Integration B2B B2C 118

Fintech Finance

JUNE 18, 2024

Equally, traders will be required to get new BNPL providers so that they can continue providing flexible payment choices meaning that they may also have to enter into fresh deals as well as make system adjustments. There is no doubt there is a consumer demand to service.

BNPL 95

BNPL On-Demand Regulations Underwriting 95

Fintech News

JUNE 30, 2024

The report highlights a number of challenges relating to legacy core banking systems, noting that these systems struggle to keep up with the demands of real-time, flexible, and innovative banking products and services required by today’s digitally-savvy customers.

On-Demand 145

On-Demand Innovation Product Risk 145

PYMNTS

DECEMBER 15, 2020

WEX foresees that the effect of the purchase on adjusted net income will be immaterial up to calendar year 2021, though it notes that "visibility remains limited due to COVID-19.". said on Tuesday (Dec. WEX paid an overall roughly $577.5 million in consideration from cash on hand, according to an announcement. WEX lost $57.7 WEX lost $57.7

B2B 101

B2B Payments Settlement Adjustments 101

PYMNTS

AUGUST 17, 2020

The Commerce Department released July’s retail sales last week, showing an increase in seasonally adjusted retail spending – up 1.2 Analysts reported that physical retail sales, seasonally adjusted, were up 2.7 Using Census data, the trailing 12 months of non-adjusted physical retail sales show a decline of 1.9

Economy 134

Economy Adjustments Consumer Product 134

PYMNTS

SEPTEMBER 3, 2020

The feature can be used to adjust any change in the tax rate charged on food and non-alcoholic beverages. The iZettle Food & Drink app will also enable merchants to manage orders in one place, from dining rooms to take-out.

PayPal 119

PayPal Point-of-Sale (POS) Adjustments On-Demand 119

Fintech Finance

AUGUST 6, 2024

Digital transformation efforts drive demand for automated A/R processes Businesses are increasingly investing in Accounts Receivable (A/R) solutions to improve their financial operations and cash flow management. According to industry research, the global Accounts Receivable Automation revenue market size is estimated to grow from USD 3.3

Payment Networks 95

Payment Networks B2B Acquirers Accounts 95

Fintech News

JUNE 5, 2024

This growth is not just a result of increasing demand and shifting market dynamics, but a direct consequence of the transformative impact of advanced financial technology (fintech) on the sector. In the financial sector alone, the global outsourcing market is projected to reach a value of US$68.8 billion by 2030.

FinTech 108

FinTech Mitigation Risk On-Demand 108

PYMNTS

MAY 12, 2020

Dayforce Wallet leverages the Dayforce platform’s continuous calculation capabilities to deliver an accurate, on-demand payment, instead of an approximation of earnings. Your money, on demand. It’s also given innovators a renewed impetus to improve them. In fact, he said, it can actually save them money.

Payroll 108

Payroll On-Demand Direct Deposit Process 108

PYMNTS

MAY 1, 2020

The money transfer company said performance was driven by high client retention rates, market growth and strong demand for the company’s app. million and diluted adjusted loss per common share of 5 cents compared to analyst estimates of $292.7 All told, MoneyGram reported revenues of $290.9 million and 5 cents.

Transactions 99

Transactions Adjustments Governance Government 99

PYMNTS

JANUARY 12, 2021

The lending industry was hit hard during the pandemic’s early months, with many banks and traditional lenders rapidly adjusting their standards and rates to accommodate businesses’ and consumers’ shifting needs. The crisis has also increased consumers’ demand for loans in several categories.

Instant Payments 95

Instant Payments Non-Bank Payments SWIFT 95

PYMNTS

OCTOBER 21, 2020

He pointed to “solid demand and a strong pricing environment due to low interest rates and increased interest in vehicle ownership from consumers.” Higher demand and tight inventory should continue into the next year, he said. This has increased demand across the board from pre-owned through new in every segment.

Economy 89

Economy Online and Mobile Banking On-Demand Consumer 89

PYMNTS

APRIL 10, 2020

Corporate clients are increasingly driving FIs’ modernization efforts, with small and medium-sized businesses (SMBs) demanding mobile banking services, and larger corporates seeking bank tools that can seamlessly integrate with their own back-office platforms. Modernizing Corporate Payments.

Technology 144

Technology End User Cross-Border On-Demand 144

PYMNTS

APRIL 28, 2020

FIs need to adjust their offerings accordingly to suit consumers’ new needs. Banks and credit unions (CUs) that can meet rising demand for digital services may exit the pandemic with customers who are more loyal than ever. The coronavirus pandemic has left consumers staying home when possible to stop the virus’s spread.

Online and Mobile Banking 95

Online and Mobile Banking Debit Card Direct Deposit Contactless Payments 95

Fintech News

DECEMBER 12, 2023

The region is also seeing an increased focus on Environmental, Social, and Governance (ESG) criteria, with growing regulatory demands for green financing. .” This shift caters to the growing demand for real-time payment services among consumers and businesses.

FinTech 113

FinTech ISO 20022 Fraud Detection Instant Payments 113

Finovate

SEPTEMBER 23, 2024

The technology will also proactively adjust portfolios based on market trends, economic forecasts, and client life changes, continuously aligning investments with a client’s long-term goals. Also, as regulations change, it can adjust to rules without human intervention. In this case, the next evolution of GenAI is Agentic AI.

AI 105

AI Assessments Compliance Automation 105

The Fintech Times

SEPTEMBER 23, 2024

This rise comes as more businesses demand greater payment flexibility from suppliers. Over 84 per cent of suppliers say they’ve had to adjust payment terms for business customers – almost double the rate from four years ago (46 per cent). This gives them the time and resources to focus on growth.”

B2B 69

B2B Adjustments Payments Risk 69

FICO

MAY 31, 2017

In my last post, I discussed how regulations such as Europe’s General Data Protection Regulation will demand Explainable AI. Research is underway at FICO on how to adjust and advance our proprietary XAI algorithms and models. FICO’s own Explainable AI, called “reason reporter,” resembles LIME.

AI 111

AI Adjustments On-Demand Regulations 111

Fintech Finance

JULY 9, 2024

As a strategic partner, Shift4’s innovative and flexible approach is significantly helping us adjust to our clients’ changing needs and meet market demand.” ” The post Phos Partners with Shift4 to Bolster Merchant Acquiring Capabilities Across Europe appeared first on Fintech Finance.

Acquirers 94

Acquirers Accreditation Contactless Payments Payment Solutions 94

FICO

MARCH 25, 2020

This has been a big focus for the business in response to strong market demand for consumer loans in China. Home Credit’s feedback and cooperation has been valuable for us when constantly adjusting and recalibrating the score to adapt to market headwinds to ensure that the model provides a fair assessment of consumer credit risk.

Risk 97

Risk Financial Inclusion Point-of-Sale (POS) Risk Assessment 97

PYMNTS

FEBRUARY 13, 2020

In terms of headline numbers, adjusted earnings per share came in at $1.57, three pennies better than expected. He told analysts that “we continue to see increasing demand for SaaS deployment” and added that the company is “ balancing that demand with our on-premise license business.”. Total 4Q revenues were $3.3

On-Demand 75

On-Demand Adjustments Continuity Posting 75

PYMNTS

DECEMBER 31, 2020

A survey from September 2020 found that 54 percent of Americans desired a contactless way to open new financial accounts or access existing ones, and new ATMs are being developed to meet these demands,” per the Tracker. That’s happening as ATMs become ITMs to take on their renewed role in branch banking. “A

ATM 122

ATM Credit Union Adjustments On-Demand 122

Fintech News

FEBRUARY 15, 2024

Among the key trends outlined in the reports, the companies note a sizable decline in tech investment volumes, adjustments in valuations and a shift towards earlier stage startups. The rate is the lowest level recorded since H1 2021 during which the sector made up 31% of all fintech funding. billion for the period.

FinTech 99

FinTech Adjustments Volume Continuity 99

Stax

FEBRUARY 5, 2024

Common in transportation and logistics, fuel surcharges adjust for fluctuations in fuel prices. Businesses apply this during high-demand periods, such as rush hour or holiday seasons. It helps them meet the increased demand with proportional resource allocation, preventing strain on operational capabilities. Let’s dive in.

Credit Cards 88

Credit Cards Legal On-Demand Regulatory Compliance 88

PYMNTS

MAY 26, 2020

The seasonally adjusted number of new houses sold last month totaled 623,000, down from 664,000 in April 2019. This is reassuring since, with home buying expected to bounce back after the country reopens, it is critical builders generate enough new supply to keep up with strong demand.”. Sales of new single-family homes were up 0.6

Mitigation 95

Mitigation Adjustments Economy On-Demand 95

PYMNTS

AUGUST 10, 2020

Leisure demand has been strong in resort areas as well as in secondary and tertiary drive-to markets,” Sorenson said, noting that the company’s extended-stay hotels experienced “the fastest pace of recovery.”. As for overall results, Marriott reported a worse-than-expected adjusted diluted loss per share of 64 cents on $1.46

Adjustments 84

Adjustments On-Demand Continuity Payments 84

PYMNTS

OCTOBER 23, 2020

percent in September over August, which equates to a seasonally adjusted, annualized rate of 6.5 months’ worth of inventory — coupled with high demand is leading to price increases. But there’s been no paucity of demand, even through months of rough hiring data. million units. percent, equating to just 1.5

Continuity 90

Continuity On-Demand Adjustments Economy 90

PYMNTS

DECEMBER 30, 2020

With demands intensifying among the end customer, wholesalers, suppliers and the eCommerce platforms upon which they operate will have to meet a lengthy list of requirements. Among corporate customers' biggest demands is a seamless payment process when procuring goods and services online. Embedded Finance.

B2B 121

B2B Embedded Finance Finance On-Demand 121

PYMNTS

SEPTEMBER 21, 2020

At the same time, the demand for such integrations continues to rise. Today, this is motivated by the need for businesses that may be shifting business models and embracing the digital sales ecosystem to adjust their accounting and financial management strategies to survive. That doesn't mean it's impossible to do, however.

Accounts 114

Accounts CRM Value Added Service Automation 114

Fintech News

DECEMBER 12, 2023

The region is also seeing an increased focus on Environmental, Social, and Governance (ESG) criteria, with growing regulatory demands for green financing. .” This shift caters to the growing demand for real-time payment services among consumers and businesses.

FinTech 95

FinTech ISO 20022 Fraud Detection Financial Literacy 95

PYMNTS

OCTOBER 23, 2020

At a high level, according to Sheard, the “sheer shock” to the system has been one where “if final demand is not there for those goods, that has ripples all the way down the supply chain.”. The impact on the manufacturing sector has been less pronounced, but at the end of the day, pretty much everything is driven by consumer demand. (If

Posting 83

Posting Central Bank Digital Currency Economy 83

PYMNTS

DECEMBER 21, 2020

The company said digital sales of its flagship Nike brand (the firm also owns two others) soared by 84 percent during the period without adjusting for currency changes. The company said digital sales of its flagship Nike brand (the firm also owns two others) soared by 84 percent during the period without adjusting for currency changes.

NOV 106

NOV On-Demand Adjustments Consumer 106

PYMNTS

MAY 19, 2020

She noted the company saw especially strong demand for gaming and electronics, among other areas. billion and adjusted diluted loss per share of $3.20 The retail executive said home was the most formidable category, with digital sales rocketing over 50 percent for the quarter. All in, Kohl’s Corporation reported revenues of $2.4

Returns 94

Returns Procedures Adjustments On-Demand 94

PYMNTS

OCTOBER 7, 2020

Drastic changes were needed to adjust to the new normal, and that meant pulling out all the stops to attract customers. One of consumers’ most pressing demands was being able to order and pick up food with minimal interaction between customers and staff, as person-to-person contact carries the risk of viral transmission.

On-Demand 82

On-Demand CHIPS Innovation Adjustments 82