Accertify

AUGUST 17, 2023

The majority of consumers will pay for what they order and keep it, but a fraudulent few will sidestep the expense by ordering the clothes they need, wearing them once or twice, and returning them to retailers afterwards. According to a study by the US-based National Retail Federation (1) , returns fraud costs the retail industry $12.6

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Returns Crime Consumer Research 52

Payments Dive

FEBRUARY 27, 2023

New business bookings and onboarding of signed clients have both picked up steam as workers return to offices, said Paymentus CEO Dushyant Sharma.

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Returns 78

The Fintech Times

SEPTEMBER 6, 2024

Return on investment (ROI) is the number one determining factor for Americans when choosing a savings product, followed by interest rate, according to a new report from Plinqit , a platform providing automated savings, data-driven financial wellness content and virtual account management.

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The Fintech Times

MARCH 12, 2024

Insurance Innovators Nordics is returning to Copenhagen, Denmark for its ninth year from 18 to 19 March 2024, at the Radisson Blu Scandinavia Hotel, welcoming over 500 insurance leaders from across the Nordic region. The post Insurance Innovators Nordics Returns to Copenhagen for Ninth Year appeared first on The Fintech Times.

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PYMNTS

DECEMBER 29, 2020

Returns made through Returnly ’s system increased by over three times on Saturday (Dec. 26) in contrast to an average return day in the United States, according to a Tuesday (Dec. Returnly also noted that the return journey begins on Dec. It took shoppers nearly seven days to send back returns in January of 2020.

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Payments Source

SEPTEMBER 18, 2020

is encouraging its staff to begin returning to its New York-area offices, joining other large employers seeking to bring workers back after months at home. Mastercard Inc.

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The Fintech Times

AUGUST 12, 2024

The annual Tech Summit San Francisco will return to the Santa Clara Convention Center on 19 and 20 June 2024, to explore the potential of technology. Themed ‘Transforming Tomorrow’, this 2024 summit promises to be a two-day extravaganza of innovation, knowledge-sharing, and unparalleled networking opportunities.

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Returns Innovation Technology FinTech 59

EBizCharge

OCTOBER 17, 2023

This article will explore the processes involved in ACH payments, explaining how to distinguish returns vs. reversals and answering common questions such as what is an ACH return and can you reverse an ACH payment? When an error occurs, the transaction is often resolved through one of two methods: ACH reversal or ACH return.

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PYMNTS

MAY 20, 2020

Manny Chirico, the CEO of PVH , one of the largest apparel companies in the world, said customer returns will be quarantined for a few days. We’ve closed our fitting rooms for now, and we’ve extended our return policy and we’ve made it more generous,” Chirico told CNBC’s “Squawk on the Street” on Wednesday (May 20).

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PYMNTS

DECEMBER 21, 2020

Walmart shoppers can return merchandise bought through the web that is shipped and sold by Walmart.com without having to leave their residences. We know the easiest return for a customer is one they never have to make. The retailer also said it made it simple for shoppers that don’t have access to a printer to also return items.

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Payments Dive

MARCH 28, 2022

PayPal's Happy Returns services will now be available at the beauty products store chain. PayPal has integrated its returns services into multiple retailers’ brick-and-mortar locations over the past few years.

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Returns PayPal Product 78

PYMNTS

DECEMBER 26, 2020

Which leaves the recipients of those gifts that didn’t quite hit the mark with a difficult choice — keep the shoes that don’t fit or the sweater that was apparently woven out of steel wool, or brave the return process in the hopes of exchanging it for something more pleasing. A Banner Year For Returns.

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PYMNTS

DECEMBER 30, 2020

Now those sellers have to play on the same returns field as their bigger competitors, as returns season follows what was a watershed event for Amazon and its sellers. We are urging them to process these returns as quickly as possible," said CJ Rosenbaum, Esq., 31 can be returned until Jan. That’s the good news.

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Returns Credit Cards NOV Addressing 100

Payments Dive

APRIL 19, 2024

Small and mid-sized businesses were fueling growth for American Express during the COVID-19 era, but not this year. That billed business grew 1% in the first quarter over last year.

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Returns 103

The Paypers

NOVEMBER 6, 2023

Global payments and financial platform for businesses Airwallex has launched Yield returns account, a product for businesses to earn returns on AUD and USD balances.

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Returns Accounts Global Payments Product 41

Payment Savvy

FEBRUARY 23, 2023

Some of the most common ACH return codes are caused by incorrectly entered information or insufficient funds available, while others can be more complicated and include issues with authorization and more. What Are ACH returns? An ACH return means that the ACH failed to charge money from a customer’s account.

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ACH Returns RDFI ODFI 52

PYMNTS

JANUARY 3, 2021

A surge in eCommerce returns driven by COVID-19-related policy changes is hurting retailers but helping logistics companies, the Financial Times reports. The paper cited data indicating that about half of returned items can't be resold. The paper cited data indicating that about half of returned items can't be resold.

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Returns Consumer Volume Process 108

PYMNTS

MAY 21, 2020

The issue at hand is returns. As eCommerce revenue has risen, so has the need for consumers to return their purchases, sometimes surprising retailers that might not have seen the order scale they’ve seen for April and May. As digital revenue goes up, so do the costs of shipping and returns. The first was from retail clients.

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Returns Adjustments Consumer Posting 89

Finovate

FEBRUARY 22, 2024

Anette Broløs – Director and Founder, Finthropology Anette will be a part of our Wednesday afternoon Power Panel: From Open Banking To Open Finance & Beyond – How Can Banks Seize The Opportunity To Generate Returns? Photo by Donald Tong The post Live from London: Finovate TV Returns to FinovateEurope!

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Nanonets

SEPTEMBER 25, 2023

Return on Equity (ROE) is a crucial financial ratio that measures the net profits generated by a company based on each dollar of equity investment contributed by shareholders. What is Return on Equity? A higher ROE indicates that the company is more efficient in generating returns for its shareholders.

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Payments Source

JANUARY 30, 2019

e-commerce explosion is driving about $150 billion annually in returns, and Returnly is riding the trend with a service to eliminate the waiting time for consumers to receive funds from items they plan to return to the merchant.

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Returns Consumer E-Commerce Payment Processing Process 72

The Fintech Times

AUGUST 21, 2024

The post Fintech Forward 2024 Returns to Bahrain: Exploring Generative AI, Blockchain, and the Future of Finance appeared first on The Fintech Times. This year’s event will highlight Bahrain’s rapid digital transformation, expanding fintech sector and skilled talent pool, reinforcing its position as a regional fintech leader.

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The Fintech Times

MAY 1, 2024

With a focus on retail banking, digital banking, payment systems and more, IFINTEC Finance Technologies Conference and Exhibition returns for its 10th edition at the Radisson Blu Hotel, Istanbul, Turkey.

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Returns Finance Technology Cybersecurity 52

PYMNTS

MAY 5, 2020

In the best of times, returns are the bane of eCommerce existence. In these worst of times, they’re even more complicated as return policies are all over the map due to the COVID-19 crisis and consumers who have amped up their eCommerce spending. And there will be a shift to seeing returns as a responsive, customer service tool.

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The Paypers

MAY 22, 2024

The Consumer Financial Protection Bureau ( CFPB ) has issued an interpretive rule to ensure federal control over Buy Now, Pay Later (BNPL) returns and disputes in the US.

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Consumer Financial Protection Bureau (CFPB) Disputes BNPL Returns 41

PYMNTS

DECEMBER 30, 2019

Gift returns have become a holiday tradition in the U.S., Last year returns from purchases made during the same period hit $6 billion. Online purchases are almost three times more likely to be returned than those in stores, leaving retailers with millions of items to sort. Deloitte anticipates about $1.1

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PYMNTS

NOVEMBER 17, 2020

Customer experience platform Narvar is partnering with real estate investment trust Simon to facilitate easier retail returns, according to a press release. The new service enables customers to drop off returns from about two dozen brands at 80,000 participating Simon locations, the release stated.

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Finextra

FEBRUARY 29, 2024

Gemini has agreed to return at least $1.1 billion to customers who lost money through the crypto firm's partnership with now-bankrupt Genesis.

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Returns 40

PYMNTS

APRIL 17, 2019

Returnly partners with retailers to help them remove any friction related to returns. It lets shoppers make new purchases using return credit before shipping the original items back and settles the new order in real time, essentially taking on the product return risk for the retailers.

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PYMNTS

SEPTEMBER 15, 2020

To help provide label-free and box-free returns at hundreds of locations, Dressbarn has teamed with Happy Returns. Having enjoyed our physical stores for decades, our shoppers are accustomed to the convenience of in-person returns,” Dressbarn CEO Shayan Zadeh said in the announcement. “To 15) announcement.

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Returns 57

The Paypers

OCTOBER 6, 2023

American ride-hailing company Uber has announced the introduction of package return services within Uber Connect for customers in the US.

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Returns 36

Bank Automation

JUNE 3, 2024

Bank is realizing gains from the $8 billion it has invested in technology since 2019 as it remains focused on developing its payments technology. We’ve invested a lot in the company in digital and technology capabilities over the last five years that are starting to pay off,” Chairman and Chief Executive Andy Cecere said […]

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Returns Technology Payments Digital Payments 80

PYMNTS

DECEMBER 28, 2020

The dreaded returns season has hit retail with a predictable but painful thud. In fact, forward-thinking retailers are looking at the return process as a chance to create a positive customer experience. In fact, forward-thinking retailers are looking at the return process as a chance to create a positive customer experience.

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