PYMNTS

DECEMBER 3, 2020

Worker Adjustment and Retraining Notifications filed in Arkansas and New Jersey showed that 1,241 positions at Walmart would be cut. Also, Walmart was not hit with the store shutdowns that impacted other retailers. The retailer confirmed the new round of layoffs to Footwear News on Wednesday (Dec. The trade publication said that U.S.

Shutdown 76

Shutdown Adjustments Consumer Continuity 76

PYMNTS

AUGUST 21, 2020

Tradewind adjusted its services early on in the COVID-19 pandemic, including more flexible terms like extending payment financing terms up to 180 days, and trying to help companies sitting on large amounts of products that no one was purchasing during the shutdowns.

Shutdown 71

Shutdown Adjustments Finance Product 71

PYMNTS

SEPTEMBER 17, 2020

12, the advance figure for seasonally adjusted initial claims fell by 33,000 from the previous week’s revised level of 893,000, the U.S. Hamrick noted there could be more pain ahead if Congress and the White House fail to approve new funding to avoid a government shutdown on Oct. For the week ending Sept.

Shutdown 56

Shutdown Adjustments On-Demand Government 56

PYMNTS

AUGUST 5, 2020

Adjusted earnings per share were 18 cents. As COVID-19 has forced shutdowns and social distancing, web sales have been on the rise, and many entrepreneurs are moving their business models online. Square saw its shares skyrocket Tuesday (Aug. CNBC reported the company had $1.92

Tax Refunds 87

Tax Refunds Small Business Shutdown Venmo 87

PYMNTS

APRIL 29, 2020

However, select commercial landlords indicated they could allow rent deferrals for a shorter period of time in the event that an additional shutdown occurs. And certain property owners have alluded that they could be open to lease adjustments as more merchants explore seeking bankruptcy protection.

Shutdown 56

Shutdown Mitigation Adjustments Agreements 56

PYMNTS

APRIL 21, 2020

Tradewind Finance has rolled out adjustments to its services to make things more flexible for those facing financial uncertainties during the coronavirus pandemic. Tradewind is also looking to help companies that are now sitting on products they can’t sell due to the mass shutdowns and shelter-in-place advisories.

Shutdown 56

Shutdown Finance Adjustments Payment Orders 56

PYMNTS

MAY 5, 2020

After adjusting for restructuring charges and other effects, Disney reported earnings of 60 cents a share, down from $1.61 Only the final few weeks of the quarter absorbed the worldwide shutdown of Disney’s theme parks. The COVID-19 pandemic hit Disney hard for the first three months of 2020, with overall revenue down $1.4

Shutdown 65

Shutdown Adjustments Volume Product 65

PYMNTS

APRIL 30, 2020

workers adjust to working from home amid a nearly universal shutdown due to the coronavirus pandemic, one executive says more than $7 trillion will be invested over the next three years in the digital transformation of business operations, according to a CNBC report.

Shutdown 61

Shutdown Adjustments Research Returns 61

Fintech News

FEBRUARY 15, 2024

The growth of ransomware revenue suggests that ransomware attackers are adjusting to the new cybersecurity improvements that organizations have made.

Ransomware 93

Ransomware Crime Transactions Romance Scams 93

PYMNTS

MAY 4, 2020

Uber said the shutdowns will take place by June 4, affecting “50 full-time roles.” The discontinued and transitioned operations only represent 1 percent of Uber Eats’ “gross bookings” in the first quarter of 2020, along with 4 percent of its “adjusted core earnings losses.”.

Shutdown 64

Shutdown Adjustments Regulations Continuity 64

PYMNTS

DECEMBER 7, 2020

And the surge in eCommerce isn't isolated to the B2C world, either: as social distancing requirements and shutdowns migrate corporate buyers online, wholesalers, distributors and other B2B vendors are likely to face a similar holiday boon this year to fulfill rising customer demand. Traditional lenders look at the past," he said.

Finance 142

Finance Small Business Underwriting B2C 142

PYMNTS

APRIL 28, 2020

Extended or adjusted payment methods are important for many businesses during the pandemic that have had to make hard decisions amid free-falling revenue during the shutdown and may not be able to make payments on time or at all due to closing down or having to move to remote work.

B2B 56

B2B Liquidity Management Shutdown Payments 56

PYMNTS

JULY 29, 2020

In an earnings season defined by diminished expectations amid the worldwide economic shutdown, PayPal not only beat analysts’ expectations Wednesday (July 29) but enjoyed a record quarter. Adjusted earnings per share came in at $1.07 All told, PayPal posted a second-quarter net income of $1.53 billion ($1.29

Venmo 84

Venmo PayPal Direct Deposit Adjustments 84

PYMNTS

OCTOBER 1, 2020

Showfields was faced with either closing its operation or changing its business model to shift its business online during the statewide shutdown. Adjusting to the digital shift at the pandemic’s onset was not easy, however, as it called for a fundamental reimagining of Showfields’ business model.

Economy 60

Economy Shutdown On-Demand Product 60

PYMNTS

APRIL 5, 2020

Pedro Sánchez, prime minister of Spain, has extended the shutdown of his country until April 26. That could mean a “risk adjusted” strategy, in which some groups like schoolchildren, who are at lower risk for infection, could potentially re-enter public life before others, like higher-risk senior citizens.

Shutdown 60

Shutdown Adjustments Risk Returns 60

PYMNTS

AUGUST 5, 2020

million jobs was added, the nation’s job market is short of the nearly 20 million jobs lost earlier this year as shutdowns began to prevent the spread of the coronavirus. While the revised number for June was good news for the economy after May’s increase of 3.3 million jobs from May to June, according to the ADP’s June report.

Payroll 78

Payroll Shutdown Adjustments Economy 78

PYMNTS

SEPTEMBER 28, 2020

At the height of the pandemic, shutdowns led to many firms closing their doors, and even with restrictions easing, many companies will never recover. It's been a really rough adjustment for a lot of them.". Today's business climate is rough.

Adjustments 86

Adjustments Breach B2B Shutdown 86

PYMNTS

MAY 18, 2020

As strip mall owners adjust for the impact of COVID-19, a global research and analysis company recommends landlords should consider building automated warehouses for supermarket tenants to capitalize on the demand for online deliveries, Bloomberg reported.

Automation 52

Automation Shutdown Adjustments On-Demand 52

PYMNTS

NOVEMBER 10, 2020

And while de Vere said that the pandemic’s first few weeks were terrifying for his company after shutdowns began in March, “something crazy” quickly started to happen. De Vere added that one thing about using ML in banking decisions is that it can adjust to changing conditions. The COVID-19 Catalyst.

AI 138

AI Underwriting Credit Risk Credit Union 138

PYMNTS

JULY 24, 2020

But it was a victim of the North Star State’s mid-March shutdown of non-essential retail and continues to struggle even after reopening on June 10. Located in Bloomington, Minn., the Mall of America features not only 500 stores, but also some 28 amusement-park rides, an aquarium and more.

Request for Comment 100

Request for Comment Shutdown Adjustments Agreements 100

PYMNTS

MARCH 11, 2019

The retail sales reported for January was delayed by the federal government’s partial shutdown , which concluded on Jan. percent in December on a seasonally adjusted basis to reach $505.8 While the retail sales report was supposed to be published on Thursday, it will now reportedly be delayed until April 1. percent rise in sales.

Shutdown 46

Shutdown Adjustments Economy Consumer 46

PYMNTS

SEPTEMBER 3, 2020

Companies have had to adjust their inventory management practices, and in many cases amid lockdowns and shutdowns have had to look for alternative vendors. The great digital shift has also had a ripple effect on the classic B2B model, particularly on supply chains, said Cole.

Digital Payments 104

Digital Payments Multifactor Authentication Point-of-Sale (POS) C2B 104

PYMNTS

JUNE 3, 2020

percent over 2018 to $2.647 billion, adjusted operating margins reached 14.3 percent, and adjusted diluted earnings per share increased 49 percent to $11.66. The financial fallout from that will become evident when it announces its earnings on Thursday (June 4), but no apologies or excuses were forthcoming from Friedman.

Adjustments 52

Adjustments Shutdown On-Demand Risk 52

PYMNTS

FEBRUARY 14, 2019

percent in December on a seasonally adjusted basis to reach $505.8 have recently showed robust sales but consumer confidence has taken a hit with the government shutdown as well as uncertainty around the markets. Retail sales fell by 1.2 billion, while economists in one survey had forecast a 0.1 Overall, retailers in the U.S.

Shutdown 43

Shutdown Adjustments Government Governance 43

PYMNTS

FEBRUARY 20, 2019

Headline results missed the Street, as adjusted loss per share on the bottom came in at a penny, while the Street had expected earnings of two cents per share. While the company has seen adjusted net income profitability in the back half of the year, as noted above, the Street had come into Tuesday’s (Feb. billion, compared to $11.9

Origination 57

Origination Federal Trade Commission FTC Adjustments 57

PYMNTS

JULY 22, 2020

Some 60 percent of those shutdowns are permanent. For example, Yelp found that seasonally adjusted consumer searches for open-air markets have risen 73 percent recently. The restaurant industry recently edged out retail for the dubious distinction of having the highest total U.S. business closures.

Shutdown 56

Shutdown Economy Adjustments Consumer 56

PYMNTS

MARCH 23, 2020

While CUs have never dealt with anything quite like this or at this scale, they have been on the ground for wildfires in California, hurricanes across the southeast and the government shutdown a year ago that resembled the current crisis in many key ways.

Credit Union 52

Credit Union Credit Union Service Organization Shutdown Volume 52

PYMNTS

OCTOBER 26, 2017

Speaking on the firm’s quarterly earnings call, Fairweather noted that the locations marked for shutdown will mainly be Rite Aid locations — and usually as a result of their proximity to another Walgreens or Rite Aid location. Excluding one-time items, Walgreens reported adjusted earnings of $1.31 billion in September of this year.

Shutdown 43

Shutdown Adjustments 43

PYMNTS

MAY 7, 2020

The coronavirus pandemic has overturned normal commerce, and businesses are working to quickly find new ways to offer services during shutdown orders and to prepare for safe re-openings. The Deep Dive explores how restaurants and entertainment to healthcare and fitness sectors are adjusting their business models around new realities.

Consulting 73

Consulting Shutdown Facilitators Payment Solutions 73

PYMNTS

JULY 20, 2018

CNBC , citing internal documents it obtained, reported that it was forced to temporarily shutdown international access to the site. ” According to the report, Amazon’s auto-scaling feature, which adjusts server capacity based on demand, appeared to stop working. “If

Shutdown 41

Shutdown On-Demand Cybersecurity Adjustments 41

PYMNTS

MAY 15, 2020

The result represents the largest monthly drop reported since the start of formal records in 1992, and the seasonally adjusted total dollar amount spent on goods dropped back to a level not seen since 2013. Others heavily impacted by the shutdown and economic slowdown include electronics and appliances sellers, with sales down 60.6

Federal Reserve 92

Federal Reserve Shutdown Economy Consumer 92

PYMNTS

JUNE 10, 2020

These are just some of the major adjustments that are part of a new hybrid model of retailing. Maybe a more limited offline retail shutdown will make real estate more attractive to the Rent the Runways and Amazons of the world. Again, it’s a new model, not a collapse. And who knows?

Shutdown 52

Shutdown Consumer Research Advisors 52

PYMNTS

FEBRUARY 21, 2019

According to the minutes, “many participants suggested that it was not yet clear what adjustments to the target range for the federal funds rate may be appropriate later this year,” per details on the end-of-January session. The boosts would come only in the event that inflation quickens. percent to 2.5 percent.

Fed 43

Fed Federal Reserve Shutdown Participant 43

PYMNTS

MARCH 27, 2020

Factory shutdowns and stay-at-home orders have disrupted manufacturing and production, with ramifications reverberating throughout global supply chains. The coronavirus has turned entire industries on their heads, not least of all the shipping and logistics sector. They have traditional business models in place.

Payer 87

Payer B2B On-Demand Shutdown 87

PYMNTS

OCTOBER 30, 2020

GDP shot up at a record seasonally adjusted 33.1 After all, a question mark hanging over this week’s good news about GDP is: “What happens now that the virus once again seems to be surging — raising the specter of more shutdowns worldwide ?”. personal income also inched up 0.9 percent during the month after falling in August.

Shutdown 76

Shutdown Consumer On-Demand Adjustments 76

PYMNTS

APRIL 28, 2020

Ninety-six percent of SMBs in the United States already saw negative financial effects one month into these shutdowns, according to one recent study. This can cause strain especially for SMBs that are still using paper-based AR and AP processes, something that is made even more difficult as they adjust to workforces that are mostly remote.

Checks 94

Checks B2B B2C Shutdown 94

PYMNTS

AUGUST 12, 2020

It’s still too early to tell exactly how the current crisis will affect the small- to medium-sized business (SMB) insurance space long-term, particularly as the market expects several iterations of shutdowns and reopenings ahead. What has changed, however, is how they want to buy products and receive claims payouts.

Small Business 91

Small Business Underwriting Direct Deposit Shutdown 91