March, 2018

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More Online Merchants Should Provide Instant Financing Options to Increase Sales

Bank Innovation

As mobile wallets and consumer-to-business payments platforms grow in popularity as the preferred payment method among retail shoppers, it seems only natural that merchants should consider digital POS lending or instant financing options as a means to encourage more online purchases. Indeed, they are. Read More.

Online 218
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Betterment’s New Feature May Distinguish It From Other Robo-Advisors

Bank Innovation

EXCLUSIVE –Betterment, the online financial adviser, today launched a new feature that lets its retail customers further customize their asset-class investment. The feature is an extension of Betterment’s core growth strategy - personalization, Betterment CEO Jon Stein told Bank Innovation.

Strategy 207
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NEW REPORT: Shoe Carnival Digital VP Talks Omni, Mobile And Amazon

PYMNTS

That gives brick-and-mortar retailers, who have long relied on their physical footprint for growth, an added dose of pressure. In the latest Omni Usage Report , PYMNTS explores new technology, tools and solutions debuted by retailers and merchants, designed to expedite delivery as well as encourage in-store visits. customers.

Report 122
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BillMo And Walmart Do Money For People Who Don’t Trust Banks

PYMNTS

Recipients are then able to use those funds to shop online and/or pay bills. Those deposits, LaBella said, are added to the wallet in real time, so the customer can then turn around and spend them at Walmart right away, or save them to spend later – even online, if they so choose. What’s In It For Walmart?

Branding 142
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Brick-And-Mortar Retailers Take On Omnichannel

PYMNTS

To meet consumers where they want to shop, retailers are taking an omnichannel approach to their offerings. Some customers – those of the brick-and-mortar persona – just want to shop in-store and haven’t purchased anything online over the past three months. Retailers, after all, have an average satisfaction score of 37.9

Retail 135
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H&M Targets Chinese Shoppers With Alibaba’s Tmall Launch

PYMNTS

The move marks the first time H&M has sold its main brand through a third-party retailer, trade publication Business of Fashion reported. The Swedish retailer entered China’s online retail market with its own eCommerce store in 2014.

Retail 123
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Amazon Launches Debit Card In Mexico To Drive eCommerce Adoption

PYMNTS

With Mexicans reluctant to shop online, Amazon is hoping to encourage more of it by providing a new way to purchase things. With a low eCommerce penetration rate, lots of online retailers see an opportunity in Mexico. Amazon isn’t the only one eyeing the market.

Cards 129