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Banks Should Make 2024 a True ‘Year of Digital’

Gonzobanker

2024 will prove to be a remarkably busy year in the digital space, when many financial institutions will make near-life-or-death choices about the future of their digital platforms and how they will support them. This is an area where speed-to-market competition will be important. #3. Josh Davis is a director at Cornerstone Advisors.

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The Global Connected Retail Market May Top $82B By 2025

PYMNTS

Retail is undergoing a reinvention with the rise of eCommerce, and merchants are trying new approaches to their brick-and-mortar stores. Overall, retailers such as Nordstrom are changing their models as an increasing amount of retail spend is now being completed away from physical retail stores. Retail spending saw a 1.6

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Where Do Humans Fit Into Automated Retail?

PYMNTS

The global retail automation market is expected to exceed more than $19.5 billion by 2024 at a CAGR of 11 percent between 2019 and 2024. The next five years will see rapid growth of the automation market, but what’s driving this and which industries are seeing the greatest uptake? Automation for Air Travel.

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Retail Chains Enjoy Brighter Prospects In Q2

PYMNTS

Conventional wisdom insists that malls and other brick-and-mortar merchants are a doomed species of retail, given the increasing dominance of Amazon and the growing tendencies of consumers to shop via mobile devices and other computers. The second quarter of 2018 was kind to such retailers as Target , Macy’s , Walmart and Nordstrom.

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How Unattended Retail Is Getting Smarter

PYMNTS

According to Will Byrne, CEO of Worldnet Payments , the kiosks and smart shelves that are gaining traction across any number of commerce and retail settings may even shift the employment picture a bit. The Changing Retail Footprint. As unattended retail notches an increasing footprint, said Byrne, other use cases will also emerge.

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Clothing Reseller ThredUp Files For IPO

PYMNTS

Online clothing retailer ThredUP has filed confidentially for an initial public offering (IPO) in the U.S., Despite concerns in the market about the COVID-19 pandemic affecting purchases of used clothes, ThredUp says it's added customers this year, Bloomberg writes. Bloomberg reports.

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Petco Offers Pet Owners New Subscription Option

PYMNTS

"With an uptick in pet fostering and adoptions in 2020 and families spending more time than ever at home with their pets, providing streamlined pet care services at an affordable price point is something we believe pet parents are looking for, and Petco is perfectly positioned to deliver," said Tariq Hassan , Petco’s chief marketing officer.