Day: September 7, 2020

AmEx embeds Pay Over Time on business cards

To help our customers meet their cash flow management needs, American Express is embedding Pay Over Time in our family of Green, Gold and Platinum Business Cards at the start of their November billing cycle.

This will apply to both new and existing Card Members.

“While American Express is known for our no pre-set spending limit, pay-in-full charge card model with our iconic Green, Gold and Platinum Cards, we’ve long heard from our Card Members who are small business owners that increased payment flexibility is important to them. This is especially critical during these times of uncertainty,” said Brett Sussman, Vice President of Global Commercial Card Lending at American Express. “Pay Over Time is another step in our broader strategy to provide business owners the flexible solutions they need to easily and efficiently manage payments and cash flow, through varying operating environments.”

Pay Over Time gives business owners

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Don’t Race Out To Buy DWS Limited (ASX:DWS) Just Because It’s Going Ex-Dividend

DWS Limited (ASX:DWS) is about to trade ex-dividend in the next 4 days. You can purchase shares before the 3rd of September in order to receive the dividend, which the company will pay on the 2nd of October.

DWS’s next dividend payment will be AU$0.03 per share. Last year, in total, the company distributed AU$0.06 to shareholders. Looking at the last 12 months of distributions, DWS has a trailing yield of approximately 6.3% on its current stock price of A$0.955. Dividends are an important source of income to many shareholders, but the health of the business is crucial to maintaining those dividends. So we need to investigate whether DWS can afford its dividend, and if the dividend could grow.

View our latest analysis for DWS

If a company pays out more in dividends than it earned, then the dividend might become unsustainable – hardly an ideal situation. Last year DWS

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Kount Offers Anti-Fraud Insurance Product

Idaho-based Kount has released a new product aimed at preventing insurance fraud as the industry increasingly turns to digital, and even mobile, setups.

In a Tuesday (Aug. 11) announcement, Kount said its new artificial intelligence (AI)-driven Insurance Digital Risk and Fraud Prevention Solution will fight against “increased levels of digital fraud specific to insurance providers.” The product will also, the company said, protect against identity assumption, bot quotes, and “ghost brokering,” which is when fraudsters use fake documents.

“Fraud prevention solutions need to address the most common types of insurance fraud, like bots that submit illegitimate bulk quotes to open fake policies by using consumer information” that is purchased or stolen, Jay Sarzen, senior analyst, Aite Group, said in the announcement. He added that “an AI-driven solution that establishes trust or risk in real time can detect and stop this automated behavior.”


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Q2 2020 Results: Digital Still Dominates As Consumers Reduce Shopping Trips

Retail’s Q2 2020 financial results saw a continuation of the
trends that companies have been seeing for months: staggering upticks in online
spend, greater interest in buy online, pickup in-store (BOPIS) and curbside
services and a continued shift away from mall-based retailing. The results also
reflect the trends that will gain momentum as the pandemic continues: continued
growth of online and omnichannel services, a growing appetite for alternative
entertainment and new innovations in customer service.

“I think this quarter is a story of two sides of a coin, a continued of polarization of economic winners and losers,” said Hilding Anderson, Senior Director of Strategy & Consulting at Publicis Sapient in an interview with Retail TouchPoints. “You see companies that invested in digital transformation now for months, or years in some cases, really pulling out ahead. Then you see companies that have been slow to adopt digital technologies really facing

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