article thumbnail

Rite Aid Rebrands, Reconfigures Retail Experience

PYMNTS

We’re charging forward on our journey to revitalize the chain drug store experience — store by store, community by community — and today we’re ready and excited to invite customers to join us on this journey,” said Rite Aid Chief Operating Officer Jim Peters.

Retail 173
article thumbnail

Finding Front- And Back-Office Flexibility In SMB Banking

PYMNTS

Small- to medium-sized businesses (SMBs) are often forced to fit within banks’ consumer-facing services as they are too small to qualify as a corporate client, leaving an opportunity for FinTech innovators to develop unique products, services and user experiences designed for entrepreneurs, freelancers and SMB owners.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Visa: ‘Time As The New Coupon’ Will Drive Retail In 2019

PYMNTS

It’s easy to get swept up in the retail apocalypse narrative. With historic retailers like Toys R Us and Sears shutting their doors after more than 100 years in business, and reports of “sad Santas” in empty malls, it’s hard to not take a rather dim view of physical retail’s prospects at present. Time Is The New Coupon.

Retail 140
article thumbnail

Why The Future Of Corporate Banking Is All About Connectivity

PYMNTS

While FinTech innovators continue to drive competition with a focus on product functionality and an optimal end user experience, businesses are often forced to use outdated tools, according to Frank Dux , managing director of CoCoNet. The Drive To Upgrade.

article thumbnail

Shopify To Launch New BNPL And Banking Tools For Merchants

PYMNTS

Shopify , an eCommerce company, hosted its first virtual event for members of its global community, the Canadian firm announced Wednesday (May 20). This is a difficult time to be an entrepreneur — the retail landscape is shifting under our feet, and the old way of doing things no longer works,” Shopify said in a statement.

Tools 253
article thumbnail

PSCU’s Lumin Digital Helps Mutual Security Credit Union Go Digital

PYMNTS

PSCU’s Lumin Digital has converted over 10,000 Mutual Security Credit Union digital users to a cloud-based platform, Lumin Digital said in a press release on Tuesday (Dec. Expected to go live in the spring of 2020, UICCU will have more than 21,000 active users on the platform.

Security 130
article thumbnail

The Four Blind Spots Costing Big Retail Big Bucks

PYMNTS

Larger multibillion dollar retailers do no better at eliminating the friction associated with transacting online than their smaller million to ten million dollar merchant counterparts. Large retailers leave their customers abandoned at the virtual checkout aisle at the same rate that the smaller guys do. Size doesn’t matter.

Retail 100