PYMNTS

MAY 11, 2020

On the same day AutoNation , the Florida car retailer, reported a net loss of $232 million from operations in the first quarter, its CEO said it has returned $79 million in Paycheck Protection Program (PPP) loans. First quarter adjusted net income from operations was $82 million, or $0.91 1 AutoNation had 26,000 employees.

Returns 52

Returns Treasury Adjustments Small Business 52

PYMNTS

JULY 21, 2020

Loews Hotels CEO Jonathan Tisch does not expect a return to significant national, international or business travel anytime soon, according to an interview he gave on CNBC ’s “Closing Bell.”. There probably will be no return to significant business travel in the fall,” he told the network. It’s a challenge,” he said. “We

Returns 75

Returns Adjustments Security Regulations 75

EBizCharge

JULY 1, 2024

Managing these expenses effectively allows businesses to allocate resources to areas that can yield the most significant return on investment and support long-term strategic goals. Unlike fixed expenses, discretionary spending offers flexibility, enabling companies to allocate resources towards opportunities that can yield high returns.

Adjustments 52

Adjustments Returns Assessments Procedures 52

PYMNTS

MARCH 25, 2020

That means card portfolios can experience changing returns for financial institutions (FIs). This can include communications to recognize customer milestones, adjust fees, provide offers or send alerts for risk management activities related to delinquencies and fraud. Cardholders’ behavior may shift on a dime.

Returns 43

Returns Issuers Online and Mobile Banking Void 43

Fintech News

JULY 17, 2024

GoTo plans to reinvest profits to drive further growth while aiming for group adjusted EBITDA breakeven in 2024. He will become a key member of our leadership team and will help to ensure the company returns long term value to our shareholders.

Adjustments 108

Adjustments Returns Finance FinTech 108

Fintech Finance

JULY 26, 2024

The independent study outlines a three-year, risk-adjusted present value and ROI for a composite organization comprised of interviewees with significant experience working with Checkout.com. Forrester’s cost-benefit analysis revealed that Checkout.com delivered an 182% return on investment (ROI) to customers over three-years.

Gateways 94

Gateways Returns Fraud Detection Volume 94

Stax

FEBRUARY 21, 2024

Enter the SaaS Magic Number, which measures the return on sales and marketing spend in generating new subscription revenue. A high Magic Number suggests that a company is efficiently converting its investments into revenue, while a low Magic Number may indicate the need for adjustments in sales and marketing approaches.

Adjustments 88

Adjustments Assessments Returns Process 88

Nanonets

MAY 21, 2024

Adjust Ledger Balances: Make necessary adjustments to the accounts receivable ledger to correct any errors or discrepancies. Document Reconciliation: Maintain detailed records of the reconciliation process, including any adjustments made and the reasons for those adjustments.

Reconciliation 52

Reconciliation Accounts Adjustments Correspondent 52

The Fintech Times

AUGUST 28, 2024

Adjusting to MiCA The MiCA regulation aims to foster the use of innovative technologies by setting a regulatory framework that covers crypto-assets (including stablecoins ), crypto-assets issuers and crypto-asset service providers to protect the rights of holders in the EU.

Stablecoins 80

Stablecoins Multi-Currency Risk Mitigation Risk Assessment 80

Finovate

JULY 18, 2024

The company returned to the Finovate stage for FinovateFall 2022 , winning Best of Show for a demo of its Unbias solution. The technology, delivered via API, is part of Stratyfy’s suite of machine learning tools to help institutions minimize bias, support inclusion, and enhance risk-adjusted returns.

Underwriting 59

Underwriting Financial Inclusion AI Returns 59

Nanonets

APRIL 17, 2024

Bank Fees for Returned Checks : If the bank charges fees for returned checks, a journal entry is made to recognize this expense and reduce the Cash account. Bank Fees for Returned Checks : If the bank charges fees for returned checks, a journal entry is made to recognize this expense and reduce the Cash account.

Reconciliation 52

Reconciliation Adjustments Audit Checks 52

EBizCharge

MAY 20, 2024

It allows for monitoring trends over time, and when used in analyzing investment returns or portfolio performance, YTD returns provide a snapshot of how investments are doing in real-time. Investors Investors scrutinize YTD returns to gauge the performance of their portfolio over the current calendar year.

Returns 52

Returns Payroll Finance Accounts 52

Nanonets

JANUARY 8, 2024

They have to be adjusted as shown in the next steps. Step 3: Adjust bank balance The discrepancy in the two balances has to be identified and checked on an individual transaction basis. Bank statements must be adjusted by adding pending deposits (deposit-in-transit) and deducting pending outgoing checks (outstanding checks).

Reconciliation 52

Reconciliation Process Adjustments Checks 52

Nanonets

JANUARY 8, 2024

They have to be adjusted as shown in the next steps. Step 3: Adjust bank balance The discrepancy in the two balances has to be identified and checked on an individual transaction basis. Bank statements must be adjusted by adding pending deposits (deposit-in-transit) and deducting pending outgoing checks (outstanding checks).

Reconciliation 52

Reconciliation Accounts Adjustments Checks 52

The Fintech Times

FEBRUARY 22, 2024

As a fully digital insurance provider, blip also plans to return up to 10 per cent of its total policy premiums to its policyholders through a profit share model, enabling its members to save money, share in profits and benefit from a growth-focused online business community.

Small Business 69

Small Business Adjustments End User Mitigation 69

PYMNTS

DECEMBER 18, 2020

billion in revenue on an adjusted (non-GAAP) basis. billion in adjusted revenue reported for Q2 fiscal 2020. Customers get complimentary two-day shipping and returns as well as easy checkout and member-exclusive promotions. “We For Q2 fiscal 2021, FedEx reported $4.83 in diluted earnings per share (EPS) on $20.6

Volume 105

Volume Adjustments On-Demand Returns 105

PYMNTS

MAY 5, 2020

Florida granted permission for stores to reopen Monday (May 4), the first phase of a return from the coronavirus lockdown. For example shipping specialist Optoro announced a strategic partnership this morning with Returnly , which focuses on digital return experiences and post-purchase payments.

Consumer 82

Consumer Returns Adjustments Continuity 82

Finovate

FEBRUARY 13, 2024

Features Improves investment portfolio diversification Potentially generates high-risk adjusted returns (target 12-15% pa) Offers curated dealflow and bespoke research Who’s it for? Individuals, small-and-medium-sized asset managers, and family offices.

Credit Union 59

Credit Union AML Compliance AI 59

Clearly Payments

JULY 16, 2024

Return Fraud: Fraudsters exploit return policies by returning stolen or counterfeit goods for refunds or store credit. Return fraud costs e-commerce merchants $24 billion annually, accounting for 8% of total returns. Rank Industry Fraud Rate Most Common Fraud Type 1 Travel and Hospitality 3.2% billion in losses.

Risk 52

Risk Identity Theft Phishing Account Takeovers 52

Braintree

NOVEMBER 20, 2019

Note: Amex does not support auth adjustment functionality. How does this differ from auth adjustments? It is important to note that this American Express functionality is not the same as Visa/Mastercard authorization adjustments. This functionality is available to merchants who utilize accounts obtained directly from Amex.

Settlement 52

Settlement Adjustments Authorization Origination 52

PYMNTS

MAY 7, 2020

Any $1,200 COVID-19 stimulus checks sent to dead people by the Internal Revenue Service (IRS) must be returned, the agency says. This amount will be $1,200 unless adjusted gross income exceeded $150,000.”. The $2 trillion CARES Act has been part of the federal government’s response as the COVID-19 crisis has crashed the economy.

IRS 64

IRS Checks Direct Deposit Returns 64

PYMNTS

APRIL 28, 2020

It’s also likely that retailers will see more men in-store than women, and they should consider adjusting inventory to target these shoppers.”. Inventory adjustments will only be part of the post-COVID retail order.

Adjustments 108

Adjustments Checks Returns Consumer 108

PYMNTS

FEBRUARY 1, 2021

However, gross domestic product (GDP) will return to pre-COVID levels, in part due to government stimulus packages, by mid-2021. The agency said inflation-adjusted GDP “is projected to return to its pre-pandemic level in mid-2021.”. A new report predicts the U.S. percent to the level of GDP this year and next.

Economy 60

Economy Government Governance Returns 60

Nanonets

AUGUST 21, 2024

To better understand how RAG systems operate, let's quickly review the four main steps, starting from when the user enters their query to when the model returns its answer. The database returns a list of the top documents or data snippets that are semantically similar to the query. How does information flow in a RAG app 1.

Database 52

Database Returns Process AI 52

CoinRemitter

JUNE 6, 2024

In return for this liquidity, providers earn an annual percentage yield (APY), which is often paid out in real-time. In return, the user will receive LP (Liquidity Provider) tokens, representing its share of the pool. This can reduce returns. These rewards are given in the form of the platform’s governance tokens.

Cryptocurrency 40

Cryptocurrency Returns Scams Risk 40

The Fintech Times

JANUARY 20, 2024

“Despite volatility calming and the increasing price of hedging, it’s clear FX is impacting European fund managers’ returns and, as a result, they are prioritising FX risk management. Adjusting priorities Fund managers are prioritising hedging strategies to protect their returns with 77 per cent hedging their forecastable currency risk.

Returns 59

Returns Risk Management Risk Research 59

The Finance Weekly

SEPTEMBER 16, 2024

Firms like Meta nearly doubled their staff, only to realize they were overstaffed as things returned to normal. Offshore Competitors The Great Resignation and Quiet Quitting may have weakened the American workforce's position, especially with all the office return drama. Now, they’re trying to correct that with layoffs.

AI 52

AI Federal Reserve On-Demand Returns 52

PYMNTS

MAY 19, 2020

“These include operating with limited store hours, social distancing signage, elevated cleaning procedures, a new returns process, among many others,” Gass said. billion and adjusted diluted loss per share of $3.20 The retailer, for its part, has reopened approximately half of its stores throughout the nation. billion and $1.75.

Returns 94

Returns Procedures Adjustments On-Demand 94

PYMNTS

NOVEMBER 17, 2019

In the third quarter of 2019, our adjusted net income available to common stockholders was $105.6 million, and our adjusted diluted earnings per share [EPS] available to common [stockholders was] $0.52. Our profitability metrics remained strong, including adjusted return on average tangible assets of 1.5

Innovation 46

Innovation Finance Adjustments Treasury Management 46

Finovate

SEPTEMBER 9, 2024

Too often, organizations are drawn to AI’s potential without a clear roadmap for its application, leading to projects that flounder in development or fail to deliver a return on investment (ROI). Intelygenz’s “Day Zero Promise” embodies this approach.

AI 59

AI Fraud Detection Consulting Returns 59

PYMNTS

AUGUST 18, 2020

million Americans who filed their tax returns in the last few months, according to a press release. Interest is paid at the legally prescribed rate, adjusted quarterly, according to the release. Department of the Treasury and the IRS are planning to send out interest payments totaling $18 on average to 13.9

IRS 120

IRS Checks Direct Deposit Tax Refunds 120

PYMNTS

AUGUST 2, 2019

In terms of headline numbers, adjusted earnings of 12 cents a share beat the Street by a nickel. we returned to growth … in many key corridors,” and that more than half of the company’s top 100 markets had achieved year-over-year transaction growth, a momentum that continued into July. Revenues of $323.8 million were down 13.6

Transactions 78

Transactions Cross-Border Settlement Cross-Border Returns 78

PYMNTS

MAY 6, 2020

Retail must, and will, change following the coronavirus, with consumer behavior shifting from brick-and-mortar to eCommerce and merchants making adjustments to their inventory selections and safety measures. Gap Inc. ,

Adjustments 57

Adjustments Returns Rules Consumer 57

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. This drop was driven in part by the decline of mega-rounds of financing US$100 million and up, which carried on in H1 2023.

FinTech 84

FinTech Adjustments Volume Continuity 84

PYMNTS

JUNE 29, 2020

The whole world is adjusting to the new normal related to [COVID-19], and we’re seeing our customers adjust their financial behavior and interactions with us accordingly,” said Ben Soccorsy , head of digital payments at Wells Fargo. How Digital Banking Has Adjusted to the New Normal.

Online and Mobile Banking 126

Online and Mobile Banking IRS Adjustments Checks 126

PYMNTS

NOVEMBER 6, 2019

Yesterday, when earnings dropped, LendingClub announced that it had finally returned to adjusted net income profitability, and even CEO Scott Sanborn noted this as a very important milestone. In terms of adjusted earnings, LendingClub reported $0.09 All in all, adjusted net income came in at $8.0

Adjustments 40

Adjustments Credit Cards Origination Returns 40

PYMNTS

MAY 14, 2020

Businesses’ payments strategies are adjusting to the new reality of online sales and contactless transactions , as the payment journey is often as important to the customer as the product research journey or customer service interactions. Optimizing The Payments Experience.

Contactless Payments 67

Contactless Payments Payment APIs and Integration Point-of-Sale (POS) Payments 67