PYMNTS

JULY 8, 2019

But that’s not stopping efforts at innovation and disruption in this space. Aspiration Bank is one of those innovators hoping to gain socially-conscious consumers via a pay-what-you-like fee structure — while also managing to please investors at the same time. We set out to build a financial firm around a sense of purpose.”.

Retail 116

Retail New York City Millennials Boston 116

PYMNTS

AUGUST 10, 2017

At the basic level of retail industry chatter online, much of the focus is on the battle between brick-and-mortar versus eCommerce. While the closing of several big box and department stores alongside online shopping’s reshaping the retail shopping are certainly discussions worth having, it doesn’t encompass the entire retail spectrum.

Retail 108

Retail New York City Online social media 108

PYMNTS

MARCH 16, 2018

Ever since 2013, when Amazon CEO Jeff Bezos said the eCommerce giant was working on a 30-minute drone delivery program called Prime Air, people have been saying that delivery is the big retail use case for drone technology. Domino’s furthered the point by delivering a pizza by drone in 2016. Patent and Trademark Office.

Retail 151

Retail Technology Survey Course 151

PYMNTS

APRIL 4, 2019

As Chipotle continues its digital efforts, the chain’s stock is having its best year since 2013, with part of the increase credited to investors liking CEO Brian Niccol , who joined the chain about a year ago after turning Taco Bell into a lifestyle brand and introducing breakfast at the quick service restaurant. Chipotle’s Digital Gains.

Innovation 136

Innovation National Mobile Trends 136

PYMNTS

DECEMBER 13, 2019

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

New York Retail Online National 131

PYMNTS

JANUARY 22, 2018

More important, perhaps, than the innovations they made on behalf of their more famous lead players, was how their contributions accelerated those innovations’ time to market. Innovation in payments and commerce has an unsung hero, too. And who will influence how innovation happens.

Innovation 135

Innovation Online Branding El Paso 135

PYMNTS

MAY 5, 2016

Absolutely no need to panic, then — unless the topic is retail bankruptcies , which increased year over year by 24 percent. Such is the double-edged sword of a retail industry swept up in innovation. For every new path cut through the market, the retailers standing in the way are cut down. January — Wet Seal. As of Feb.

Retail 100

Retail Branding Denver Management 100

PYMNTS

DECEMBER 30, 2020

billion illegally since 2013 by calling XRP a commodity when in reality it was more like a security, according to a press release. Garlinghouse said in an interview prior to the filing of the suit, but anticipating it, that government litigation would be an "attack" on all cryptocurrency and innovation.

Missouri 160

Missouri cryptocurrency Security Retail 160

PYMNTS

DECEMBER 28, 2016

Activewear brand Fabletics , which was co-founded by Kate Hudson in 2013, announced plans for a retail expansion across the U.S. The company confirmed that the new locations will bring the brand’s total retail store count to 30 locations throughout the U.S.

San Diego 190

San Diego San Jose San Francisco Indianapolis 190

Fintech Labs Insights

APRIL 12, 2024

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).

Innovation 15

Innovation Fintech Online Mobile 15

PYMNTS

SEPTEMBER 12, 2016

is a 4–6 ounce plastic cup with a retail sale price that is less than a dollar, Americans are buying an awful lot of yogurt. And while people like yogurt — apparently, a lot — until very recently, it was not a product anyone really thought much about or tried to innovate. yogurt sales in 2013. Innovation-Minded.

Innovation 100

Innovation New York United States Retail 100

PYMNTS

DECEMBER 13, 2019

Don’t look now, but retailers and commerce are getting more visual with reality. The initiatives will take advantage of Verizon’s 5G Ultra Wideband tech to not only provide innovative AR products, but content and new ways for people to communicate. Recently, Verizon announced that it’s partnering with Snap Inc., Fashionable Looks.

Customer Experience 136

Customer Experience social media Video Retail 136

Bank Innovation

JANUARY 31, 2018

Moven burst onto the fintech scene in 2012 — it was founded in 2011 and launched an alpha product in 2013 — as Brett King’s bank, or bank account. Neobank Moven has secured an undisclosed amount from SoftBank and is looking to acquire a bank with the funding, according to an American Banker report. Originally […].

Fintech 261

Fintech Security Report Cards 261

PYMNTS

OCTOBER 21, 2019

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.” The company owns 458 stores in the U.S., billion in 2013, representing a 2.10

Trends 101

Trends Retail social media Online 101

PYMNTS

JULY 11, 2018

The fraud happened from 2008 until he was fired in 2013, noted the report. Qurate Retail Group, formerly known as Liberty Interactive (QVC’s parent company), already owned over 38 percent of a stake in HSN’s owner, HSNi. The sentencing comes about a year after QVC snapped up rival HSN for $2,6 billion.

Company 102

Company New York City Fraud Retail 102

PYMNTS

FEBRUARY 6, 2020

The retail angle (outside of Nike’s own stores) is that the company is betting consumers will be attracted to environmentally friendly products, regardless of whether they have a “swoosh” or not. “The 6), marking his first television interview since taking the helm at the retailer last month. “It

Millennials 152

Millennials Miami Retail Examples 152

PYMNTS

MARCH 18, 2019

The increase has the effect of stifling a global economy driven by innovation and new ideas. The value of fake and counterfeit products went from $461 billion in 2013 to $509 billion in 2016. percent in 2013. Illicit trade in fake goods is a major challenge in an innovation-driven global economy. That’s an increase of 3.3

Report 124

Report Innovation Study Security 124

PYMNTS

APRIL 12, 2018

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.

Company 118

Company Retail Apple Software 118

South State Correspondent

MAY 1, 2024

For inspiration in banking innovation, we often look to other industries. Instead of thinking traditionally, Gentle Monster pursued a strategy of innovation and creativity to become the hottest sunglass company globally, creating a company currently valued at $900 million. Honkook Kim and his Gentle Monster Brand is a perfect example.

Innovation 195

Innovation social media Branding Marketing 195

Bank Innovation

MARCH 1, 2019

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

Fintech Financial Technology Technology Operations 170

PYMNTS

NOVEMBER 19, 2019

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

Michigan Washington New York Retail 101

PYMNTS

JANUARY 15, 2020

Banks will be able to offer the new solutions directly to their own customers or use Raisin’s platform to reach all potential retail consumers. “Our software supports banks and credit unions, often with legacy systems that make true innovation extremely challenging, in bringing brand-new products to market at an unprecedented speed.”.

Fintech 131

Fintech US Software Retail 131

PYMNTS

MARCH 25, 2019

The retailer was showing many of the same symptoms of Q4 malaise as Macy’s , JCPenney and Neiman Marcus: lower-than-expected revenue, weak same-store sales performance and falling foot traffic. The retailer continued to shine in two areas: off-price sales and eCommerce sales.

Branding 134

Branding Retail Innovation Maine 134

PYMNTS

DECEMBER 10, 2018

Analysts at the time called this product “an historic opportunity” to bolster the merchant’s “corroding bottom lines,” and innovators rushed to build new applications to help them seize it. The REDCard has seen its growth slow appreciably since 2013, the year of the infamous Target breach. And what was the product?

Branding 184

Branding Cards Payments New Jersey 184

PYMNTS

MARCH 8, 2018

I would see this as an experiment, as it was [in 2013],” Josh Mohrer, Uber’s general manager for New York, told The New York Times. “If That was Uber’s second one-day helicopter promotion: The year before, Uber partnered with Liberty Helicopters , whose fleet underpins Blade.

New York 112

New York Retail Los Angeles New York City 112

PYMNTS

NOVEMBER 26, 2018

The move means that the company will end its JV that has been in place since 2013 with Yoox Net-A-Porter, which as the newswire stated helps third-party brands develop sites. Now, those retailers taking full eCommerce ops in house have, in turn, full access to sensitive data tied to clients.

social media 141

social media Branding Online Apple 141

PYMNTS

DECEMBER 23, 2020

Delving into the complaint , the SEC alleges that “From at least 2013 through the present, [Ripple and the defendants] sold over 14.6 It’s an attack on the entire crypto industry and American innovation.” based, consumer-friendly innovation in the process.” due in part to the regulatory climate.

cryptocurrency 234

cryptocurrency Security Bitcoin Regulation 234

PYMNTS

MAY 31, 2016

If you look closely enough, it can seem as if online retailers are stuck in a kind of moth-to-the-flame dance with the consumers that fueled their rise. As merchants entice shoppers with promises of free or low-cost express delivery, those shoppers get hooked on the promise and demand it of every retailer they visit.

Retail 100

Retail Course Online Innovation 100

Bank Innovation

JUNE 14, 2018

RBC said Facebook allowed it access in order to “wind down” a payments app it first unveiled in 2013. […]. Royal Bank of Canada and Facebook today offered differing versions of why the social media company continued to give the bank extraordinary access to customer data after Facebook said publicly that it would stop doing so.

social media 186

social media Data Payments Company 186

PYMNTS

MARCH 13, 2019

Nevertheless, demand this February was worse than in years past, with the news report saying this shipment rate hasn’t been seen since at least 2013. Vendors typically ship a lot of devices to retailers during January to have a good start to the new year and then slow down in February. I think there is a lack of revolution in products.

Apple 104

Apple Retail Mobile Technology 104

PYMNTS

MARCH 20, 2019

Bank of China (Hong Kong) Deputy Chief Executive Ann Kung said the bank “will continue to expedite the innovation of cross-border financial products and services to [fulfill] the demand for cross-border financial services among those Hong Kong people who work, live and travel in the Greater Bay Area.”.

Mobile 108

Mobile Payments Retail Report 108

PYMNTS

APRIL 5, 2016

The old method of consumer retail savings is meeting the new in Target’s shopping app. Target had been testing the digital coupons — currently numbering around 40, reports the outlet — over the last few months but, only yesterday (April 4), did the retailer make an official announcement about the app-linked offering.

Retail 100

Retail Meeting Innovation Report 100

PYMNTS

OCTOBER 13, 2017

Domino’s Pizza, a fast food pizza chain with a well-known propensity for digital innovations, saw a cooldown in same-store retail sales growth last quarter, according to a report from Reuters. The restaurant’s stocks dipped nearly 5 percent on Thursday (Oct. 12), following the release of its quarterly results. “In starting Jan.

Innovation 108

Innovation Google Retail Technology 108

PYMNTS

DECEMBER 6, 2018

Given the “Amazon effect” that has blown through retail like a cold wind over the last decade or so, many speculated that the Kohl’s attempt to boost foot traffic was about to go down in history as inviting the fox to guard the henhouse. “This is the quintessential Kohl’s shopper we want to see in the future,” she said.

Millennials 109

Millennials Branding Retail Milwaukee 109

Bank Innovation

JUNE 29, 2016

Square Cash was launched by Square in 2013 for P2P payments. Is Citigroup going to partner with Square to offer the startup’s peer-to-peer payments service to Citi customers? That’s the implication from a recently published article in Fortune. The service is available in the U.S., and for both personal or Read More.

Payments 186

Payments Marketing Cards Innovation 186

PYMNTS

MARCH 9, 2018

In addition, the retailer is expanding its brick-and-mortar portfolio and is aiming to have approximately 100 stores in the U.S. Warby Parker currently has 64 stores in markets the retailer carefully chose. We think the presentation by retail experts of ‘either [online] or [offline]’ is a false choice,” Blumenthal told CNBC. “It

Delaware 102

Delaware New York Retail Online 102

PYMNTS

JUNE 13, 2019

A technology that tracks lost scooters people rent could play a role in the coming years in digital retail and payments, at least going by recent reports. The innovation — and potential disruption — stems from a company called Helium , which describes itself as a peer-to-peer wireless network. Telco Alternative.

Austin 164

Austin Maine Survey Mobile 164