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Revolutionizing the Way We Pay: The Top Payment Industry Trends You Need to Know in 2023

Perficient

Visa launched its pilot biometric payment card with Mountain America Credit Union and Bank of Cyprus, introducing the fingerprint scan as an alternative authentication method to a pin number. We also expect other social media channels to roll out their own shopping capabilities or upgrade their existing shopping features.

Industry 471
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Slight Uptick Reported In Retail Rent Payments

PYMNTS

Another month of the pandemic and another first of the month when retail lease payments are due. As the crisis enters its fourth month, counting March, two new earnings reports indicate that about 60 percent of retailers are paying their rent — with a few very notable exceptions. percent of retail rent was collected, compared to 48.9

Retail 130
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Under Armour Cuts Full-Year North America Revenue Forecast

PYMNTS

With its aggressive use of social media as well as its popular sweat-proof clothing, Under Armour has fought an uphill battle to stand out in a space that has been dominated by Adidas AG and Nike Inc. Nike posted a 7 percent jump the quarter ended in May for North America revenue, while Under Armour sales dropped 3 percent.

America 129
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Retail Personalization May Not Come Soon

PYMNTS

Retailers are scrambling to figure out the best ways to provide a more tailored and engaging experience. The study, which surveyed 500 retailers in North America and Canada, was conducted in November and December 2016. The big question now is which will be the first to implement social media suggested selling successfully.

Retail 109
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Generation Z Wields Retail Influence

PYMNTS

According to a new study from HRC Retail Advisory , Generation Z is expected to make up nearly 40 percent of the population of North America by the year 2020 – easily making them the generation retailers must be paying attention to. It looks as though millennials may soon face competition as the generation to watch.

Retail 100
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Pop Up Grocer Checks All The Pandemic Retail Boxes

PYMNTS

As retailers contend with the continuing COVID-19 crisis and the inevitable resettling of the business, one of the most popular pieces of advice has been to reformat existing stores. From there, we look at where the people who are interested in us are coming from, based on social media and traditional media.”.

Retail 150
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Walmart’s Feeding America Campaign Encourages Omnichannel Giving

PYMNTS

Walmart isn’t exactly synonymous with humanitarian efforts, but in the age of socially conscious consumers and brand activism, it might just be good business to fight hunger with everything the multinational retailer has got. each — the average price of a meal in a local food bank — to Feeding America. Spark Change.”

America 100