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NEW REPORT: Merchants Up Their Digital Checkout Game In The Age Of Amazon

PYMNTS

Retailers that sell products and services online have been slowly, but steadily, removing payment frictions from their online checkout processes for the past year, smoothing those processes and improving user experience to boost conversion rates. Some of these features have become so common that they are often taken for granted.

Report 155
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Nordstrom Brings On Former Amazon Exec

PYMNTS

If Nordstrom is looking to strengthen its eCommerce capabilities, the retailer certainly looked to the right place in a recent hire. “Kumar’s extensive experience in strategy, product development and delivering technology solutions that support a great user experience, as well as his passion for the customer, will be invaluable.”

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Decoupled Debit — Again?

PYMNTS

Inspired, retailers set out to develop their own products with those same benefits: debit functionality, rich consumer rewards and a lower interchange fee burden when consumers used them to shop their stores. Since 2005, sources claim there have been 4,500 data breaches , 3,455 of which have happened since 2013, the year of the Target breach.

Branding 184
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37 Corporate Innovation Labs In Finance

CB Insights

Founded: 1999 and 2005. Specifically, the Labs looks to back engineering solutions, customer experiences, and new products that tie in with Capital One’s focus on being a leader in machine learning, payments, and identity. This brainchild from the Lab offers a way to modernize the traditional retail banking experience.

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From Alibaba to Zynga: 21 Of The Best VC Bets Of All Time And What We Can Learn From Them

CB Insights

Series A into Facebook in 2005, taking a 15% stake in what was then called “Thefacebook.”. Index Ventures, which invested in King in 2005, cashed out shortly afterward, for a return of about $560M on their 8% stake. Within two years, it had 97 million active daily users. The firms led a $12.7M Walmart participated in a $1.5B

Lending 78
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We Analyzed 9 Of The Biggest Direct-to-Consumer Success Stories To Figure Out The Secrets to Their Growth — Here’s What We Learned

CB Insights

New Frontiers in Retail Tech. Download this research briefing to see how corporates and startups are shaping the future of retail with tech. They don’t need to rely on traditional retail stores for exposure. They’re competing more efficiently by rethinking not just the product, but also the retail model.

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