PYMNTS

DECEMBER 11, 2019

Kaspersky researchers studied 174 municipal institutions and their 3,000 subset organizations that were targeted in 2019. Cybersecurity company Kaspersky is reporting there has been an uptick in ransomware attacks this year, with many specifically targeting municipalities and their subset organizations.

Ransomware 52

Ransomware Cybersecurity Phishing Audit 52

The Finance Weekly

MARCH 16, 2023

trillion at the end of 2019 before the pandemic. CFOs may need to adjust their planning and compliance strategies to stay in compliance with new regulations. Other banks may be harboring paper losses on large fixed-income portfolios as well, although not as large as SVB. Securities portfolios ballooned to $6.26

FDIC 264

FDIC Risk Compliance Addressing 264

PYMNTS

APRIL 28, 2020

5.4B: The number of people worldwide who downloaded a shopping app in 2019. Data: $145M: The amount AI fraud prevention firm BioCatch raised in its latest round of funding. 62%: Share of firms that plan to use their physical locations exactly as they did before the pandemic.

Adjustments 52

Adjustments Fraud Prevention AI Posting 52

PYMNTS

FEBRUARY 6, 2020

6) that DD Perks members nationwide – were able to earn rewards points, whether they pay with cash, debit, credit or Dunkin’ gift card – beginning in October of 2019. The three areas were key for the company in 2019, driving 2.8 million in revenue and diluted adjusted earnings of 73 cents per share for the fourth quarter.

Adjustments 52

Adjustments Innovation Checks Process 52

PYMNTS

MAY 26, 2020

percent in April compared to March, but they fell by 6 percent compared to April 2019, according to the U.S. The seasonally adjusted number of new houses sold last month totaled 623,000, down from 664,000 in April 2019. Census reported from January through April that 241,000 new homes have sold, up from 238,000 in April 2019.

Mitigation 95

Mitigation Adjustments Economy On-Demand 95

Fintech News

MARCH 10, 2024

UOB’s analysis reveals a 70% surge in total billings for the UOB Lady’s Debit and Credit Cards from 2019 to 2023, with transactions more than doubling in the same timeframe. Moreover, the average spending per Lady’s Credit Card user increased by over 50%.

Credit Cards 109

Credit Cards Deposit Account SWIFT Adjustments 109

PYMNTS

JULY 9, 2020

Banks have been facing a concerning rise in account takeover (ATO) attacks targeting their customers, with financial institutions (FIs) losses due to such schemes rising 72 percent from 2018 to 2019. percent of all fraud reported in 2019.

Fraud Prevention 104

Fraud Prevention Account Takeovers Authentication Identity Theft 104

PYMNTS

JULY 31, 2020

Companies may have to adjust the two-week payment cycle to a process that meets the changing needs of the workforce. 278%: Shipt’s revenue bounce in Q1 2020 compared to 2019. And in next-gen payments, companies and workers are seeking quicker and more flexible payroll solutions , particularly in a time of uncertainty.

Payroll 87

Payroll Adjustments Process Payments 87

The Finance Weekly

JUNE 22, 2022

Even before the pandemic, business was booming for FCFOs, as between 2019-2020 there was a , 27% increase in CFO resignations creating a CFO talent shortage that has only , gotten worse in 2020 and 2021. In addition, it will create a far more efficient process that will allow FCFOs to take on more customers and add value.

Automation 264

Automation Process On-Demand Audit 264

PYMNTS

DECEMBER 2, 2020

Adobe adjusted its online sales forecast slightly downward to $184 billion for the entire holiday season, a 30 percent hike over 2019. Cyber Monday orders for curbside pickup were up 30 percent from 2019, and 37 percent of digital sales were made on mobile devices, according to Adobe’s data.

Adjustments 85

Adjustments Origination Consumer Continuity 85

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.

On-Demand 104

On-Demand Adjustments Volume Continuity 104

PYMNTS

DECEMBER 15, 2020

Overall cash consideration for the purchase of the company is $325 million, which is subject to “customary cash/debt and working capital adjustments,” of which $100 million has been deferred and will be paid on different dates over the 12 months to come. 31, 2019, and the gross assets in its audited balance sheet were $197 million as of Dec.

Audit 88

Audit Adjustments Continuity 88

PYMNTS

OCTOBER 29, 2020

Seasonally adjusted initial unemployment claims dipped to 751,000 the week ending Oct. The seasonally adjusted insured unemployment rate dropped 0.5 Comparatively, in 2019, the total number of people filing for benefits was 1.4 24, some 40,000 lower than the previous week's revised levels, according to the Thursday (Oct.

Adjustments 83

Adjustments Accounts Economy 83

PYMNTS

JANUARY 8, 2021

Rent for retail space in New York City took a nosedive amid the pandemic, dropping about 25 percent from the same period in 2019, as longtime retailers like Neiman Marcus and Century 21 shuttered stores. And 11 areas saw an increase in available retail space on the market, from 6 percent up to 67 percent.

Authentication 99

Authentication Adjustments Continuity Economy 99

PYMNTS

OCTOBER 23, 2020

Capital One said its domestic cards’ average loans fell 6 percent compared to Q3 2019 to $97.3 Capital One’s net charge-off rate fell 48 basis points compared to Q3 2019 to 3.64 in diluted losses per common share after excluding adjusting items on net revenues of $7.4 per diluted common share in the third quarter of 2019.

Adjustments 70

Adjustments Consumer Volume Continuity 70

PYMNTS

DECEMBER 7, 2020

Digital Black Friday sales this year hit $9 billion, a 22 percent increase from 2019 figures, according to recent Adobe research. With the holiday shopping season in full swing amid the global pandemic, online commerce is booming. Traditional lenders look at the past," he said. They're not looking at the future.".

Finance 142

Finance Small Business Underwriting B2C 142

PYMNTS

AUGUST 7, 2020

Uber Eats is now bigger in terms of adjusted net revenue that Uber’s “core” ride-hailing business, which has been one of the many casualties of the COVID-19 pandemic’s stay-at-home orders and overall consumer reluctance to physically interact with strangers. billion during Q2 2020, a decline from Q2 2019’s net loss of $5.24

Adjustments 101

Adjustments Innovation Transactions Continuity 101

PYMNTS

OCTOBER 4, 2020

Square's usership was up 60 percent from the previous year as of Q4 2019, PYMNTS writes. billion and adjusted earnings per share sat at $0.23, which was better than analysts had expected. The distribution was fairly even across urban, suburban and rural recipients. Revenues had surged to $1.3

Federal Reserve 92

Federal Reserve Small Business Adjustments Finance 92

Fintech News

DECEMBER 20, 2023

Between 2019 and 2023, global BNPL activity, measured by gross merchandise value (GMV), increased over sixfold, soaring from about US$50 billion to surpass US$350 billion, the report shows. During the period, a similar growth pattern in BNPL app use was observed, which grew from just a little over 250k daily active users in early 2019 to 2.5

BNPL 109

BNPL Consumer Financial Protection Bureau (CFPB) Settlement Non-Bank 109

Fintech News

APRIL 17, 2024

2 Syfe Syfe , a relative newcomer to the robo advisory landscape, has quickly made a name for itself since its launch in 2019. 3 Endowus Endowus , established in 2019, has carved a niche for itself by focusing on providing low-cost, globally diversified investment portfolios.

Advisors 127

Advisors Online and Mobile Banking Risk Returns 127

PYMNTS

AUGUST 14, 2020

These types of technology-based supports are in demand in AP departments: A 2019 study of 1,000 U.S. A 2019 study found that 40 percent of companies said AP automation led to improved oversight of their outstanding invoices. . The pressures of the ongoing crisis are highlighting the value of this type of assistance. .

Process 106

Process Duplicate Automation AI 106

PYMNTS

AUGUST 2, 2019

Adjusted earnings per share (EPS) came in at $0.45 We remain on track to deliver on our 2019 outlook, excluding the costs related to the operating model changes we announced today,” President and CEO Hikmet Ersek said of the result. It expects adjusted earnings per share of $1.70 This compares to earnings of $0.46 to $1.80.

Cross-Border 87

Cross-Border Cost Structure Adjustments Transactions 87

FICO

MARCH 25, 2020

For its achievement, Home Credit was awarded the 2019 FICO® Decisions Award for Financial Inclusion. 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

JUNE 29, 2020

Separate analysis from The Hackett Group found that as businesses adjust their supplier payment terms, they’re relying less on external financing tools like supply chain financing, and more on invoice payment optimization, to improve their cash positions.

Payments 102

Payments B2B Volume Adjustments 102

Finovate

MARCH 13, 2025

” Since it was founded in 2019, Banyan has analyzed more than 20 billion receipts and processed hundreds of billions of dollars in spending. This is about making commerce more meaningful, more personalized, and more rewarding exactly where people live.”

Acquirers 52

Acquirers Credit Cards AI On-Demand 52

PYMNTS

SEPTEMBER 18, 2020

We may adjust slightly, but there’s still enough room for growth,” McDonald, who was named CEO in 2018, told the news outlet. In the third quarter of 2019, the company had 460 stores. million at the conclusion of Q2 2019. percent, marking a fall of 520 basis points from Q2 2019. And Lululemon reported a 54.2

Adjustments 70

Adjustments Consumer Transactions Technology 70

PYMNTS

OCTOBER 27, 2020

billion for 2020’s first nine months versus the same 2019 period. Revenue within the Acceptance and Payments segments included revenue from the First Data acquisition in July 2019.). The company also raised its full-year 2020 outlook, now expecting adjusted earnings per share to grow at least 11 percent over 2019.

Economy 67

Economy Contactless Payments Adjustments Processors 67

PYMNTS

FEBRUARY 26, 2020

The G4S operations generated roughly $800 million in 2019, with an operating profit of about $85 million and an adjusted EBITDA of approximately $115 million. In total, these investments are anticipated to produce an adjusted EBITDA of around $300 million, “resulting in an average post-synergy purchase multiple of approximately 6.5

Adjustments 70

Adjustments Cash Management Acquirers Transactions 70

PYMNTS

DECEMBER 30, 2020

In 2019, the industry’s overall sales went up about 4 percent worldwide. What will matter the most, according to the experts, is not so much when the pandemic period ends, but how much consumer tastes have really adjusted, Chrisman-Campbell notes. “A But apparel sales dropped off 19 percent year on year, according to the data.

Consumer 113

Consumer Adjustments Returns Continuity 113

PYMNTS

FEBRUARY 6, 2020

during 2019. Grubhub’s sales were strong for the final leg of 2019, with a 19 percent increase to $341 million from $288 million at the same time last year. The firm reported an adjusted earnings loss of $4.2 Adjusted earnings per share were $.79, That came in ahead of analyst forecasts of $325 million. million users.

Advisors 84

Advisors Adjustments Enrollments Agreements 84

PYMNTS

APRIL 24, 2020

Sales of new single-family dwellings fell to a rate of 627,000 in March on a seasonally adjusted basis following a 4.6 A small slump occurred in 2019 because of borrowing cost rises, but it was previously reported that the market appeared to be rebounding from that. Rick Palacios, Jr.,

Consulting 79

Consulting Adjustments On-Demand Government 79

Fintech News

OCTOBER 23, 2024

Amidst the pandemic constraints in 2019, the migration was completed in just nine months. Its unique methodology involves monitoring of approval rate spikes and drops, analysing rejection patterns per channel, card type, merchant, and other parameters, and making timely adjustments in the processing system.

Acquirers 120

Acquirers C2B Online and Mobile Banking Risk Assessment 120

PYMNTS

DECEMBER 31, 2020

Addressing security concerns is no trivial pursuit for debit issuers, as they incurred more than $1 billion in net fraud losses in 2019. Advanced learning-powered defenses can respond flexibly and adjust their assessments based on results, which can help FIs reduce false positives while maintaining strong defenses. The Face of Fraud.

Issuers 109

Issuers Card Issuer Point-of-Sale (POS) Debit Transaction 109

PYMNTS

JULY 30, 2020

billion in the second quarter of 2020, a 59 percent increase from Q2 2019, with an average order size of $39 rising 20 percent year over year and net revenues coming in at $459 million, a 41 percent YOY increase. Adjusted EBITDA was $13 million ($0.23 of adjusted EBITDA per order in virtually all of our markets,” Grubhub stated.

Adjustments 56

Adjustments Fed Contactless Payments On-Demand 56

PYMNTS

JUNE 19, 2020

Müller, co-founder and CTO of mobile measurement company Adjust. percent purchase rate was measured over 2019’s 10.5 The number of cross-border mobile commerce orders has increased globally by more than 43 percent, according to 2019 data from solutions provider Global-e. per customer.

Cross-Border 70

Cross-Border Adjustments Consumer Economy 70

PYMNTS

AUGUST 5, 2020

Adjusted earnings per share were 18 cents. The app boasted 30 million users in June — that’s up from 26 million at the close of 2019. Square saw its shares skyrocket Tuesday (Aug. 4) night after the San Francisco-based financial services company posted better-than-expected quarterly results for its mobile payment app.

Tax Refunds 87

Tax Refunds Small Business Shutdown Venmo 87

PYMNTS

AUGUST 2, 2019

In terms of headline numbers, adjusted earnings of 12 cents a share beat the Street by a nickel. Revenue should decline 8 percent through 2019, said the company, though Holmes said the company has been “slightly behind where we expected to be … but the return to growth is picking up speed.”. Revenues of $323.8 million were down 13.6

Transactions 78

Transactions Cross-Border Settlement Cross-Border Returns 78