PYMNTS

NOVEMBER 7, 2018

The company said Instacart Pickup provides customers with expanded delivery and/or pickup options, enabling them to order via Instacart and pick up groceries at retailers. Office of the Comptroller of the Currency (OCC) regarding the financial institution’s “technology operations.”. SWIFT Denies Rumor It Is Integrating With Ripple.

National 128

National Retail Branding Data 128

PYMNTS

NOVEMBER 5, 2018

Those promise to stand as two main traits of the 2018 holiday shopping season , and retailers that gain an edge and increase revenue during the all-important fourth quarter will likely have exploited such tactics during this period, at least according to new data that strives to paint a detailed picture of U.S. percent, reaching $124.1

Retail 179

Retail United States Millennials Study 179

PYMNTS

NOVEMBER 5, 2018

The time for retail nostalgia is over. It could provide enough funding for the retailer “to keep its shelves stocked during the holiday shopping season and retain sufficient support from creditors and vendors to emerge from bankruptcy proceedings,” Reuters said. The deal could come this week, the report said.

Report 122

Report Retail Operations Company 122

PYMNTS

NOVEMBER 5, 2018

According to The Wall Street Journal , Toys R Us’ liquidation was the largest retail closure since Sports Authority closed nearly 500 stores. Competition from eCommerce retailers, such as Amazon , and discount stores like Walmart , hasn’t helped the company either. Toys R Us had over 700 locations in the U.S.

US 123

US Branding Chicago Retail 123

PYMNTS

NOVEMBER 7, 2018

The health retailer is looking to open concept stores in the beginning of 2019, CNBC reported. The retailer plans to focus on the management of chronic conditions, such as asthma, kidney disease and cardiovascular disease, while also seeking to encompass more services at its MinuteClinics.

Boston 118

Boston Retail Branding Report 118

PYMNTS

NOVEMBER 5, 2018

Convenience store operator 7-Eleven is rolling out scan-and-go options for customers in 14 stores in Dallas later this week, with an aim to equip all of its U.S. stores with the technology by next year. According to a report in USA Today , the aim is to make the stores more convenient for customers.

Dallas 142

Dallas Texas Technology Retail 142

PYMNTS

NOVEMBER 7, 2018

There are many, many retailers and brands trying to outfit the world, and standing out in the crowd is difficult. And while those numbers aren’t likely to keep Amazon or H&M up at night, for a small Cuban eCommerce startup operating out of nation where internet access is patchy and from which the company can’t ship goods directly to U.S.

Marketing 198

Marketing US United States South Carolina 198

PYMNTS

NOVEMBER 7, 2018

The move will enable the global retailer, which owns 70 luxury brands, including Christian Dior, Louis Vuitton, Bulgari, Fendi and Givenchy, to enhance the efficiency and traceability of its cross-border payments. LVMH Group plans to expand its SWIFT gpi implementation across its full cross-border payment network, which processes more than 1.5

Payments 145

Payments Groups Branding Tools 145

PYMNTS

NOVEMBER 9, 2018

That is, the store might cost $50,000 a month to fully operate when launch, build out, staff, ongoing maintenance and other costs are factored into the equation. Pop-Up Retail Trends. Los Angeles is not as dense as New York, but Nejati said the city has always had great neighborhoods for retail.

Los Angeles 144

Los Angeles New York Branding Retail 144

PYMNTS

NOVEMBER 6, 2018

According to Sky News , Britain’s biggest High Street lender is also cutting around 6,000 existing jobs in a broad range of areas, including its group transformation division, corporate banking, retail and community banking activities.

Groups 122

Groups Community Bank America Security 122

CFPB Monitor

NOVEMBER 8, 2018

Colorado’s Attorney General has indicated that at least half of all retail lenders closed their doors following the enactment of legislation in 2010 that restricted payday loan fees to an average APR of about 120%.

Colorado 94

Colorado South Dakota Montana Arizona 94

PYMNTS

NOVEMBER 9, 2018

million for its anti-fraud solutions designed for retailers. With artificial intelligence (AI), Fraugster has developed a software solution that prevents fraud for online retailers, analyzing data from multiple sources and cross-checking information to determine whether a transaction is fraudulent or not.

Software 158

Software North Carolina Capital San Francisco 158

PYMNTS

NOVEMBER 7, 2018

However, marketing and fulfillment, which usually make up most of the company’s operating expenses, grew at less than 30 percent over the same period. According to TechCrunch , the company spent 2.8

New Jersey 116

New Jersey Google Technology Maine 116

PYMNTS

NOVEMBER 7, 2018

Retail and mobile commerce apps last year experienced a 54 percent increase in overall use, according to R-Style Lab, with music and entertainment increasing 43 percent, business and finance rising 33 percent and utilities (through which consumers often do bill pay) going up 20 percent. That ecosystem supports other forms of commerce as well.

Marketing 122

Marketing Google Apple Mobile 122

PYMNTS

NOVEMBER 6, 2018

Starbucks, of course, is often held up as a model of how to do loyalty in a fast-moving retail environment that is increasing dependent on mobile. Active Starbucks Rewards memberships grew to 15.3

Fort Worth 129

Fort Worth Dallas Mobile Cards 129

CB Insights

NOVEMBER 7, 2018

Meanwhile, many US food companies continue to outsource their e-commerce operations to Amazon, as we’ve discussed.). Just like in retail, the grocery “middle” is getting squeezed. The Amazon model — turning data into consumer product sales. Building data businesses.

Maine 49

Maine Data Google Industry 49

CB Insights

NOVEMBER 6, 2018

Amazon’s next big move could be in beauty retail. Retail partnerships to add value for SMB clients. The first image below — taken from Google’s 2017 patent application titled “ Escalation to a human operator ” — shows the operator dashboard showing progress of existing tasks. YouTube powers beauty influencers.

Google 72

Google Apple Industry Branding 72

Bank Innovation

NOVEMBER 9, 2018

Bank-backed payment service Zelle crossed $32 billion in transactions in the last quarter, almost twice that of Venmo, but the P2P provider is not as omnipresent among banks as one would expect it to be. P2P payments are significantly up this quarter, like 250% up,” Robb Gaynor, general manager of digital banking for Malauzai, a […].

Community Bank 150

Community Bank Community Digital Banking Payments 150

Bank Innovation

NOVEMBER 9, 2018

Bank-backed payment service Zelle crossed $32 billion in transactions in the last quarter, almost twice that of Venmo, but the P2P provider is not as omnipresent among banks as one would expect it to be. P2P payments are significantly up this quarter, like 250% up,” Robb Gaynor, general manager of digital banking for Malauzai, a […].

Community Bank 150

Community Bank Community Digital Banking Payments 150

PYMNTS

NOVEMBER 7, 2018

Small retailers want to keep their cash flow moving by receiving consumer payments quickly, while large corporations need improved data and visibility to ensure their B2B transactions arrive on schedule. Changing Retail and Insurance. FPS is likely to encourage companies and consumers to change their retail payment methods.

System 122

System Payments Mobile Retail 122

PYMNTS

NOVEMBER 6, 2018

This latest revelation comes a few days after Wells Fargo announced its Chief Administrative Officer Hope Hardison and Chief Auditor David Julian have begun leaves of absence from the bank and will no longer be members of the company’s operating committee.

Regulation 145

Regulation Report Retail Operations 145

PYMNTS

NOVEMBER 6, 2018

Christopher Ward, EVP and head of product management and operations for treasury management at PNC , and David Barnhardt, EVP of product at GIACT. As is the case in retail payments, the less friction, the better, which holds especially true when trying to nudge clients away from paper. The occasion?

Payments 194

Payments Fraud Tools System 194

PYMNTS

NOVEMBER 5, 2018

Apple provided a very thorough set of operating guidelines for how developers could do that, including some 200 permutations of subscription price points that were all inbounds. Apple also provided very clear instructions for how those purchases must be made — which is via Apple’s iTunes payments platform — 100 percent of the time.

Apple 174

Apple Taxes Mobile Google 174