Small Biz Trends

JULY 11, 2022

COVID entered most Americans’ consciousness in March of 2020 and had an almost immediate impact on many small businesses. Fortunately, one year later, a Bill.com survey showed that 75% of SMBs took actions ranging from price changes, new business models, new customer outreach, and new product offerings and services.

Payment Services 98

Payment Services Accounting Finance Consumer 98

Cisco Retail

OCTOBER 27, 2021

There were millions of ransomware attacks in 2020 and hackers continue to threaten a range of businesses including critical infrastructure, food producers, schools and even hospitals. Megablok’s attackers infiltrated the system to send customers fake invoices that looked legitimate but had an alternative banking account number.

Payment Services 143

Payment Services Finance Accounting Management 143

Inside Retail

APRIL 3, 2023

Opportunities for gaining exposure poured in for them when platforms that cater to online commerce, including food delivery specialist Zomato, FSN E-Commerce Ventures, which runs beauty and fashion sales platform Nykaa, SoftBank-backed logistics firm Delhivery, and payment firm Paytm, listed recently in the Indian markets. in 2020 and $389.3

Beauty and Health 130

Beauty and Health Payment Services Consumer Finance 130

365 Retail

MAY 7, 2021

2020 was a year like no other, and the shockwaves caused by the pandemic have inherently altered consumer-facing operations at their very core. over the six weeks of Christmas 2020, the worst-ever outcome. If services involve remote assistance, e-tailers should evaluate the software they are putting into use.

Merchant Services 96

Merchant Services Payment Services Returns Inventory Management 96

Small Biz Trends

JULY 20, 2022

Benlevi had been charged for submitting 27 PPP loan applications to four banks between April and June 2020 on behalf of eight companies owned by Benlevi. This includes cash withdrawals, payments on his credit cards, and transfers to other personal and business accounts he controlled. million of the PPP’s 11.8

Payment Services 105

Payment Services Accounting Finance ATS 105

Small Biz Trends

AUGUST 16, 2022

They’re interested in valuable targets, they also can tweak their practices to attack easy targets to steal employee and customer records, bank account information, access business finances, and gain access to larger networks. million in 2020 to $2.98 Why Is Cyber Security Important? million in 2021, a 26.8%

Payment Services 98

Payment Services Accounting Finance Advertising 98

Small Biz Trends

AUGUST 2, 2022

Business leaders can expect more incidents of attack surface expansion, data security breaches, digital supply chain attacks, ransomware attacks, distributed denial-of-service (DDoS) attacks, identity theft, and remote code execution attacks than in the previous year if they don’t take proactive cybersecurity measures.

Payment Services 111

Payment Services Wholesale Finance Accounting 111

VMS

JANUARY 25, 2022

This accounts for an average of 16.6 percent during 2020, but online returns are in line with recent years at an average of 20.8 According to NRF, online sales accounted for $1.050 trillion of total U.S. The categories with the highest return rates were similar to 2020 metrics: auto parts (19.4 percent of total U.S.

Returns 52

Returns Loss Prevention Payment Services Visual Merchandising 52

Small Biz Trends

OCTOBER 17, 2022

Double checking messages that create a sense of urgency or fear, avoiding clicking suspicious links, and contacting banks and other authorities directly for account-related issues are some effective ways to protect from smishing attacks. In fact, 28% of Data Breaches in 2020 involved small businesses, according to 2020 DBIR.

Payment Services 144

Payment Services Finance Consumer Accounting 144

Small Biz Trends

JUNE 27, 2022

Some scammers will also set up fake websites or social media accounts that look like they are associated with a legitimate cryptocurrency! From October 2020 to March 31, 2021, 7,000 people lost over $80 million to cryptocurrency investment scams , according to the FTC. It’s likely a scam. Romance Scams. Ponzi Schemes.

Payment Services 98

Payment Services Returns Accounting Promotions 98

Retail TouchPoints

OCTOBER 15, 2020

Over the past several months, retailers have experienced challenges and changes they thought they would never see in 2020. Mobile devices have become powerful payment instruments, on the way to replacing traditional cards for in-store purchases in many markets around the globe. And it’s clear that these shifts are here to stay.

Payment Services 131

Payment Services Planning Accounting Loss Prevention 131

Retail TouchPoints

AUGUST 4, 2023

The travel and tourism industry went through a shock in 2020, with the COVID-19 pandemic leading to a decrease in passenger traffic and significant economic challenges for airports. This, combined with workforce shortages, has caused airports to move more toward automation, with self-service check-in kiosks, baggage drops and mini stores.

Payment Services 223

Payment Services Kiosk Marketing Shrinkage 223

Retail Adventures

JANUARY 4, 2022

Creating and delivering consistently good customer service is a battle that happens every day right on your sales floor. In 2020 those impatient buyers became scared buyers who weren’t sure if they should spend money or not. The grocery industry created curbside service, meal kits, and deliveries within crazy time frames.

Suggestive Selling 52

Suggestive Selling Payment Services Returns Accounting 52

Retail TouchPoints

AUGUST 18, 2022

Buy now, pay later (BNPL) was the trendiest way to pay for all those lockdown purchases back in 2020. Most buy now, pay later offers are interest- and fee-free, unless customers miss a payment. consumers say they have used a buy now, pay later service, according to a recent study from The Ascent, a Motley Fool service.

Merchant Services 253

Merchant Services Payment Services Consumer Point of Sale 253

Inside Retail

JUNE 15, 2022

trillion in 2020 and is predicted to create revenue of roughly $18.57 For example, B2B buyers often prefer to pay by invoice over debit and credit cards, as it is a more beneficial payment method when making large or repeat purchases. A good payments partner should finance the trade credit you offer B2B buyers.

Payment Services 130

Payment Services Checkout Accounting Finance 130

Retail Geek

OCTOBER 29, 2021

It was a rigorous process. Jason: [3:54] That that is awesome I’m going to assume the one slight negative is you get some good news like that you get all those those post cooking on LinkedIn and I’m assuming, every vendor under the planet has I read your news and is now pitching you for something.

Advertising 52

Advertising Merchant Services Payment Services Finance 52

Retalon

JUNE 18, 2019

The math needed to account for these effects is hard enough. Financing promotions can change a customer’s mental math. Rather than focus on the total cost of that new dining set, your customer considers their ability to make the monthly payment. All this down to the Store/SKU level.

Promotions 32

Promotions Markdowns Payment Services Inventory Management 32

Inside Retail

NOVEMBER 1, 2022

But such fiscal support is becoming increasingly fraught because so much money was borrowed by governments during 2020-21 that the cupboard is getting bare. There do seem to be a few exceptions, such as processed meat, but these are unlikely to last much longer. per cent, food service up 6.5 Japan holds out. per cent, food up 6.4

Wholesale 130

Wholesale Payment Services Finance Consumer 130