Fintech Finance

AUGUST 22, 2024

Nick Thomson, CEO and co-founder of Revenew, commented: “As a team of deep platform and payments experts, we know that the primary things that hold platform businesses back are uncertainty and lack of cost structure visibility and understanding when building out their unit economics.

Economy 96

Economy Cost Structure Service Provider Reconciliation 96

The Paypers

JANUARY 8, 2019

(The Paypers) US-based supply chain management company McKesson has teamed with Genpact to advance McKesson’s finance operating model and cost structure vision.

Cost Structure 28

Cost Structure Finance 28

PYMNTS

JANUARY 18, 2021

An Ulta representative said per a published report that the “decisions were made thoughtfully with a focus on resetting our corporate cost structure to operate more effectively and efficiently in the short-term as well as optimizing our enterprise capabilities to thrive in the long-term.”.

Cost Structure 52

Cost Structure Transactions Continuity Consumer 52

PYMNTS

NOVEMBER 19, 2020

Cost discipline across the firm’s entire cost structure, from locations and equipment to corporate expenses, is key, she told Webster: “I think COVID has forced all businesses to be really focused on maintaining cost discipline.”.

Cost Structure 53

Cost Structure NOV On-Demand Posting 53

PYMNTS

OCTOBER 1, 2020

The executive said the company has engaged in “direct action” to put its business on an even keel, such as decreasing its cost structure, improving its financial flexibility and “investing where it matters most to our customers.”. SG&A expenses fell roughly $31 million or 3.5 percent in contrast to the prior year period.

Cost Structure 52

Cost Structure Adjustments Product 52

PYMNTS

MAY 12, 2020

COVID-19 is causing issues both for the cost structure of running an educational system, and on the families who are looking to send their kids off to study,” said Flywire CEO Mike Massaro. It is their current classes.”.

Enrollments 54

Enrollments Cost Structure Authorization Economy 54

PYMNTS

MARCH 19, 2020

We have a highly variable cost structure, a global footprint, multiple business lines that give us some diversity and case studies for how quickly our businesses (are) likely to rebound after a shock like this. We have ample liquidity.

Cost Structure 53

Cost Structure Process 53

PYMNTS

SEPTEMBER 22, 2019

The policy change allows us to align more closely to our cost structure, to the policies of our payments partners and to industry practice. “We believe that this policy change is in line with industry practice,” the spokesperson added. “We We know businesses depend on us, and the decision to update our policy was not made lightly.

PayPal 72

PayPal Cost Structure Adjustments Agreements 72

PYMNTS

MAY 6, 2020

“COVID-19 is causing issues both for the cost structure of running an educational system, and on the families who are looking to send their kids off to study,” Massaro said, adding that schools must prepare for an array of scenarios based on possible student enrollment declines or a rise in students unable to make tuition payments.

Enrollments 64

Enrollments Cost Structure Adjustments Returns 64

PYMNTS

MAY 6, 2020

“COVID-19 is causing issues both for the cost structure of running an educational system, and on the families who are looking to send their kids off to study,” Massaro said, adding that schools must prepare for an array of scenarios based on possible student enrollment declines or a rise in students unable to make tuition payments.

Enrollments 63

Enrollments Cost Structure Adjustments Returns 63

PYMNTS

OCTOBER 14, 2016

The cost structure has been weighted down by Citi’s taking on of the Costco co-branded credit card portfolio. But the consumer banking division could hardly have been seen as a bright spot, as net income in that segment slipped year over year by 25 percent.

Cost Structure 67

Cost Structure Credit Cards Posting Consumer 67

Clearly Payments

MAY 16, 2024

Predictability : For businesses with very consistent transaction types, tiered pricing can provide a predictable cost structure. Cost-Effectiveness : For merchants predominantly processing low-risk transactions, tiered pricing can be cost-effective, particularly if the majority of their transactions qualify for the lower rate tiers.

Process 90

Process Processors Payments Credit Cards 90

PYMNTS

JULY 6, 2020

Flywire CEO Mike Massaro said in a recent PYMNTS interview , “COVID-19 is causing issues both for the cost structure of running an educational system, and on the families who are looking to send their kids off to study.”.

Cost Structure 52

Cost Structure Returns Continuity Posting 52

PYMNTS

MARCH 9, 2020

Founder and CEO Devin Wirt said the strength of the platform comes from its highly-customizable cost structure, allowing for variables in who pays. The app can then serve up a roster of available services in those categories that are also within TFLiving’s price range.

Cost Structure 52

Cost Structure Agreements On-Demand Checks 52

The Fintech Times

JUNE 26, 2024

For GenAI in fintech, given their “digital-first” cost structures are heavily weighted toward areas where the technology is delivering huge gains—coding, customer support, and digital marketing—the impact is likely to be even more pronounced in the near term.

Embedded Finance 105

Embedded Finance FinTech Use Case Innovation 105

PYMNTS

JANUARY 7, 2021

As stated by CEO and Co-Founder Eren Bali in a conversation with PYMNTS, the firm’s goal since it was founded in 2015 has been to use technology to provide high-quality care with a cost structure that is accessible to the entire patient population. When the COVID pandemic broke, it just made the existing disparities in U.S.

Cost Structure 116

Cost Structure Addressing Underserved Procedures 116

PYMNTS

NOVEMBER 2, 2016

Omnichannel has changed the field some but also very much changed cost structures. Online-only retailers are leading that growth, though it is notable that Amazon tends to mess with those averages some given its gigantic year-over-year figures.

Cost Structure 68

Cost Structure Finance Consumer Product 68

PYMNTS

AUGUST 2, 2019

. “The changes we announced today are being made from a position of strength and this is the first step in a larger plan that will not only reduce our structural cost base but allow us to expand the WU Platform to new customers, clients and global brands.”.

Cross-Border 87

Cross-Border Cost Structure Adjustments Transactions 87

Clearly Payments

NOVEMBER 17, 2023

Interchange-plus pricing breaks down the cost structure, separating the actual interchange fees established by card networks (Visa, Mastercard, etc.) This model enhances transparency, allowing businesses to see the direct costs associated with different card types and transactions. from the processor’s markup.

Credit Cards 52

Credit Cards Process EMV Processors 52

PYMNTS

OCTOBER 6, 2020

A bid to cap the ways larger tech firms scale vertically hearkens back to the mega-mergers of old, when, say, manufacturing and industrial companies sought to control the various means of production to keep out competitors and lock in an efficient cost structure.

Economy 82

Economy Blocks Caps Cost Structure 82

PYMNTS

OCTOBER 28, 2020

Plus casual is obviously a more challenged segment that's facing greater headwinds, but the Maggiano's team is doing a great job managing their cost structure and flow through,” CEO, President and Non-Independent Director Wyman T. Brinker International reported Wednesday (Oct. percent, while Maggiano’s comp sales plunged 38.6

Cost Structure 40

Cost Structure Adjustments Continuity Consumer 40

PYMNTS

NOVEMBER 24, 2020

If I were to issue a million [physical] cards or provision a million cards on a phone, my cost structure is very different. When it comes to innovation in the credit space — including acquisition, provisioning and engagement in particular, Wain says mobile technology is a game-changer that must be seen as the new normal. “If

Mobile Banking 124

Mobile Banking Credit Union FinTech Cost Structure 124

PYMNTS

SEPTEMBER 9, 2020

The American healthcare system is sick — a story told in a runaway cost structure, subpar patient outcomes, frustrated physicians and what Sesame CEO David Goldhill called during a conversation with Karen Webster “315 million miserable stories about healthcare.”. Why Change Needs To Happen Now.

Consumer 96

Consumer Cost Structure On-Demand Blocks 96

PYMNTS

AUGUST 5, 2019

For example, Walmart Chief Financial Officer Brett Biggs said the increased tariffs will cause prices to rise, and the company will try to make it easier on consumers by attempting to get products from other countries and working with suppliers’ “costs structures to manage higher tariffs.”.

Federal Reserve 43

Federal Reserve Cost Structure Research Product 43

PYMNTS

AUGUST 18, 2017

Banks and merchants might have the same cost structure, but with technology, there will be new businesses they can explore. “With all these new technologies in place, there will be more business they’ll be able to pick up, and there will be repurposing of jobs to help that new business grow,” Lam said.

Cost Structure 49

Cost Structure Risk AI Technology 49

PYMNTS

OCTOBER 29, 2020

"We're leveling the playing field by bringing the same modern crime detection and reporting capabilities afforded to larger institutions to mid-sized banks in a package that suits their unique requirements and cost structures.". First Horizon Bank Adopts NCR Technology.

CFPB 81

CFPB Consumer Financial Protection Bureau (CFPB) Payment APIs and Integration Financial Crimes 81

PYMNTS

OCTOBER 27, 2016

“Very high fulfillment costs, free shipping and returns and the challenging issues of refurbishing and getting returned product into a re-saleable state and location can add a substantial two percentage points or more to a retailer’s cost structure.

Cost Structure 63

Cost Structure Returns Authorization Addressing 63

PYMNTS

OCTOBER 5, 2016

Nordstrom was one of the first brick-and-mortar shops to offer free shipping and free returns, though, these days, it looks like it is working hard to tighten up its eCommerce operations and cost structure. The souped-up requirements come following Nordstrom’s closure of Trunk Club’s large Chicago-based fulfillment center.

Cost Structure 65

Cost Structure Returns Continuity 65

PYMNTS

FEBRUARY 24, 2020

The impact to those companies is immediate; when seats are empty on flights: The same cost structure must be spread out over fewer revenue producing seats. Air traffic control costs, we note, don’t go away. According to IATA, there’s a sharp recovery in the cards, which has been likened to a “V shape.”

Cost Structure 72

Cost Structure On-Demand Central Bank Consumer 72

PYMNTS

JUNE 7, 2019

And a softness in hiring means companies are reluctant to add to their cost structures (through employee rosters) because, hypothetically, they worry about their respective top lines. Perhaps that enthusiasm may feel counterintuitive, as the jobs number also points to a softening in hiring, if we’re to extrapolate a month’s data point.

Federal Reserve 46

Federal Reserve Cost Structure Economy Fed 46

The Finance Weekly

OCTOBER 1, 2024

Differentiating Between Variable, Fixed, and Semi-Variable Costs Every business has a cost structure made up of fixed, variable, and semi-variable expenses. In short, having a firm grip on variable expenses directly influences your financial outcomes and overall organizational health.

On-Demand 52

On-Demand Credit Cards Volume Cost Structure 52

PYMNTS

AUGUST 13, 2018

The new network combines a comprehensive evaluation tool with scorecard rankings, and a cost structure review with expanded analytics, to ensure managed service provider (MSP) clients receive the best supplier fit for their needs.

Cost Structure 40

Cost Structure Database Service Provider Compliance 40

PYMNTS

NOVEMBER 2, 2020

That option comes as Lyft and Uber might have to shoulder as much as $400 million in increased costs tied to the reclassification of workers — and that, per Khosrowshahi’s own estimate, the company may have to raise its prices by about 25 percent to as much as 100 percent.

Economy 85

Economy Laws Cost Structure Rules 85

PYMNTS

MAY 4, 2016

To start, retailers need to reexamine the cost structures of their physical stores and infrastructure and become more efficient omnichannel operators to staunch the losses from extremely high online fulfillment costs.”.

Continuity 43

Continuity Cost Structure Returns Mitigation 43

PYMNTS

JULY 29, 2016

“Also, client firms can improve their economical cost structure, as they do not have to pay for extra office space, equipment or specialist employees. ” Researchers found that top-tier procure-to-pay vendors can result in a reduction of indirect procurement costs of between 4 and 14 percent.

Cost Structure 41

Cost Structure Automation Risk P2P 41

PYMNTS

SEPTEMBER 7, 2016

“Client firms can improve their economical cost structure, as they do not have to pay for extra office space, equipment or specialist employees,” explained Technavio Lead Analyst Amit Sharma in a statement announcing the report. “They also do not need to invest in in-house staff training.” ”

Cost Structure 40

Cost Structure Cash Management Automation Process 40