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Powering Retail Innovation With Digital Technology

PYMNTS

Data: 2014: The year Lumen was founded. 42%: Share of consumers who are engaging in even the most routine activities online. And in tech, the future of retail may include mobile scanning. All this, Today in Data. 80M: Value of a Series C funding round Scandit closed from several investors.

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2016 Innovators to Watch: 1 to 5

Bank Innovation

Launched in 2014, Ant Financial Read More. Lucy Peng, CEO, Ant Financial Ant’s latest fundraising round – the largest ever anywhere – of $4.5 billion, and its overall valuation of more than $60 billion, have turned the Alibaba spinoff into one of the most valuable private tech companies in the world.

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Why Invisible Will Make 2020’s Payments Innovation Roar

PYMNTS

Two hundred and seventy-four years later, those words are the perfect framework for understanding what will define the next decade of innovation in payments and any ecosystem that touches it. Sometimes those innovations disrupted old models and players; other times they made them better and more efficient. The Invisible Innovators .

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Retailers Start New Traditions With Innovation Around The Holidays

PYMNTS

you could be gearing up to buy gifts in store or online. You may have missed our coverage of a few of the retail innovators that are summed up below, arranged in no particular order, or perhaps you’ll want to revisit them anew. It was hard to pick up any article about retail and not end up reading an obituary for a mall in 2014.

Retail 151
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Balancing Innovation With Digital Adoption Lags

PYMNTS

According to the Making Instant Pay Global Playbook , public utility companies are innovating their payment methods to include online and mobile options to meet consumer demand and stay competitive. When the company entered Nigeria in 2014, smartphone penetration was only at 10 percent. Today, we have to rethink that.”.

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SoftBank Reportedly Tapping Into Online Used Car Trend

PYMNTS

Among the ongoing trends in retail is the funding for online used car platforms, and the ongoing rise of eCommerce and digital payments in Latin America. Consumers who want to sell their cars via that platform reportedly seek an online price estimate. “If The latest evidence of that comes via Japan-based SoftBank. Used Vehicle Trends.

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Why Bunq Banks On The Cloud For An Innovative Edge

PYMNTS

Losing customers can be as easy as experiencing one too many online glitches, however, which can drive clients into the competition’s arms. It is not the technology itself that is important, however, but the strategy behind it. It is imperative to examine how newer technologies can play into customer satisfaction.