Remove 2013 Remove Capital Remove Innovation Remove Retail
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Toy Discounts On The Decline For Holiday Shoppers

PYMNTS

Although retailers kicked off an earlier shopping timetable, toy discounts have plummeted this holiday season, Bloomberg reported on Thursday (Dec. The shopping time between Thanksgiving and Christmas is six fewer days this year, the shortest since 2013. Barbie from Mattel is still the most popular holiday toy for girls.

New York 131
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Fintech Hall of Fame: The Top Digital Innovations in Financial Services

Fintech Labs Insights

The last one, published in Jan 2014, featured 50 innovations (see below). Note: These are the rankings from 10 years ago. I will update with milestones from 2014 to today and publish next month. I’m taking suggestions here (so far: crypto, BNPL, earned-wage access, chatbots, deposit networks).

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Does Destination Maternity Chain Bankruptcy Signal Larger Trends?

PYMNTS

Retail chain Destination Maternity reportedly filed for bankruptcy on Monday (Oct. According to CNBC , the retailer is “buckling under the weight of an onerous debt load and struggling to compete with better capitalized competition.” billion in 2013, representing a 2.10 billion in 2013, representing a 2.10

Trends 101
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Kroger Becomes First North American Grocer To Launch In-Store Farms

PYMNTS

Grocery retailer Kroger is partnering with Berlin farming startup Infarm to offer “living produce farms,” Kroger announced in a press release on Tuesday (Nov. market, but it already has more than 500 farms globally and has teamed with 25 major food retailers in the U.K. This is the vertical farming company’s first venture into the U.S.

Michigan 101
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How Tech Companies Are Backing The Future Of Retail Through AR, AI And Drones

PYMNTS

The eCommerce retailer invested $22.6 Here’s how these companies are investing in R&D — and ushering in the next generation of retail technology. Amazon spent the most on R&D by far. billion in R&D in 2017, which was 41 percent more than it did in 2016. Amazon spent $22.6 billion in R&D in 2017. Microsoft spent $12.3

Company 118
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GAO: FinTech Firms, FIs Seek Alternative Data Clarity In Lending

PYMNTS

The GAO said it had seen — through interviews with 11 FinTech firms — loan volume grow by sevenfold, while collaborative efforts with banks continued to grow from 2013 to 2017. Included in that movement toward tech in capital markets, he said that could include blockchain and artificial intelligence (AI). Sandboxes, Gathering Steam.

Lending 150
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Citi Venture Investing Head: ‘Financial Services is Becoming More Like Tech’

Bank Innovation

This is up from 35% in 2017, and way up from 18% in 2013, according to Financial Technology Partners’ 2018 Annual Fintech Almanac. Strategic participation in fintech climbed in 2018, with 41% of all fintech financings containing either a corporate VC or strategic investor.

Fintech 170