PYMNTS

JANUARY 16, 2019

Others land somewhere in between: the ongoing revolution in retail springs to mind. But for every problem, it seems, some innovator somewhere seems to be working on a digital solution – to make the playing field more level , the world more inclusive and the experience more frictionless.

Innovation 108

Innovation Data United States Retail 108

PYMNTS

JANUARY 14, 2019

It looks like we can finally have a serious conversation about the impending collapse of physical retail in the U.S. All it took was a 160-year old retailer and a $34 billion kick in the stomach to the retail sector to get everyone’s attention. retailer, Sears, which found itself standing at Chapter 7’s front door.

Retail 198

Retail Online Mobile Data 198

Bank Innovation

JUNE 23, 2016

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.

Innovation 284

Innovation Company social media Operations 284

PYMNTS

JUNE 19, 2019

The connected vehicle ecosystem is taking shape, and that brings new opportunities to retail. Some of the latest developments from the retail side of the ecosystem come from the world of QSRs. Cars and quick-service restaurants (QSRs) have been interconnected since drive-ins were the latest innovation. QSR Innovation.

Retail 163

Retail Security Google Survey 163

Bank Innovation

FEBRUARY 27, 2020

retail ecosystem are showing results. This is the first time since the company’s 2014 launch that its U.S. Afterpay’s efforts to embed itself in the U.S. The point-of-sale lender announced this week it has more U.S. customers than customers in New Zealand and in Australia, where it is headquartered.

Marketing 293

Marketing US Retail Customer Experience 293

PYMNTS

JUNE 21, 2019

These hubs for travel retail, which are providing an audience of on-the-go travelers as U.S. shopping malls are on the decline, are also becoming locations where brands are innovating with products. However, the company’s luxury unit is continually on the uptick — and travel retail is said to be partly responsible.

Retail 101

Retail Branding New York City Houston 101

PYMNTS

SEPTEMBER 3, 2019

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 .

Innovation 223

Innovation Payments Branding Cards 223

PYMNTS

MAY 29, 2019

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. According to the May Unattended Retail Tracker , cash is still a very popular bill payment method in the U.S. Approximately 8.4

Innovation 145

Innovation Mobile Company Payments 145

PYMNTS

JUNE 7, 2019

Forget millennials, that consumer segment that is blamed for the downfall of most everything while also being the target of many innovative efforts. Single consumers are a force of nature as well when it comes to retail. By 2014, it was bigger than both Cyber Monday and Black Friday. Shifting Tide. Take Costco, for instance.

Retail 133

Retail Millennials Online Innovation 133

PYMNTS

AUGUST 12, 2019

Subscription commerce is attractive to entertainment platforms as well as retail businesses because it locks in revenue streams, and customer data can help with planning and forecasting. Subscription commerce isn’t immune to the retail data breaches that have become widespread, though it does have different payment issues.

Retail 118

Retail Video Security Software 118

PYMNTS

NOVEMBER 3, 2020

These are the top stories in retail for Tuesday (Nov. Carvana, which sells both used and new cars, has been one of the main innovators in the space, with its high-profile vending machines in several major markets. Wayfair, Home Furnishings Sector Looks Past COVID Winter. However, not a lot of that funding goes to 29-year-olds.

Company 131

Company Retail Boston Capital 131

PYMNTS

JULY 25, 2019

Recent days have brought new evidence of the importance of robust loyalty and rewards problems in retail, an areas of ongoing innovation, and a way for merchants of all types to stand apart in a fiercely competitive industry. Retail Card Programs. The move adds to Trax’s stable of retail tech.

Retail 132

Retail Cards Mobile Video 132

PYMNTS

JUNE 19, 2019

The connected vehicle ecosystem is taking shape, and that is bring new opportunities to retail. Among the latest developments from the retail side of the ecosystem comes from the world of QSRs. Cars and quick-service restaurants (QSRs) have been interconnected since drive-ins were the latest innovation. QSR Innovation.

Retail 109

Retail Google Survey Security 109

PYMNTS

NOVEMBER 22, 2018

In 2013 the Atlantic anointed turkey a “ second-rate bird ,” while the writers at Slate mused in 2014 that “ literally any other meat tastes better.” There isn’t a lot of room to really innovate the Thanksgiving turkey. So is this innovation worth investigation? Or is there? The Instant Pot Solution. Give up and use the oven?

Innovation 168

Innovation National New York Maine 168

PYMNTS

OCTOBER 18, 2019

Mastercard is collaborating with four eCommerce retailers — WHSmith.co.uk, Funky Pigeon, Cult Pens and The Card Gallery — to offer the Pay by Bank app to online shoppers, Mastercard announced in a press release on Friday (Oct. WHSmith is excited to launch Mastercard’s innovative new payment method, Pay by Bank app.

Retail 116

Retail User Experience ATM Security 116

PYMNTS

OCTOBER 25, 2019

We have deep, data-supported dives on Apple Pay, the outlooks for payments innovation in the 2020s, web sales taxes and Amazon’s holiday shopping season news. Ten Years Of Payments Innovation And Reinvention. Online retailers aren’t sitting still when faced with new taxes — and some are even fighting back in court.

Apple 101

Apple Innovation South Dakota Taxes 101

Bank Innovation

FEBRUARY 27, 2020

retail ecosystem are showing results. This is the first time since the company’s 2014 launch that its U.S. Afterpay’s efforts to embed itself in the U.S. The point-of-sale lender announced this week it has more U.S. customers than customers in New Zealand and in Australia, where it is headquartered.

Marketing 195

Marketing US Retail Customer Experience 195

Bank Innovation

OCTOBER 19, 2017

EXCLUSIVE – Banking keyboard app, PayKey closed a $10 million Series B funding round today bringing the fintech’s total investment to $16 million since its establishment in 2014. The funding will be used to fuel the company’s growth strategy in the Asian market, Daniel Peled, CEO and Co-Founder of PayKey told Bank Innovation. “We

Strategy 270

Strategy Innovation Marketing Google 270

PYMNTS

JUNE 13, 2018

Amazon is replacing some of its retail veterans with software that predicts what shoppers want and how much merchants should charge for it. The shift to automating retail team jobs started several years ago with an initiative called “hands off the wheel.”

Software 108

Software Retail Branding Management 108

Bank Innovation

APRIL 3, 2018

Retail giant Walmart announced today the launch of a global money transfer service called Walmart2World. based money transfer service, it launched in 2014, where customers could transfer money at lower fees. The Walmart2World service is extension of its U.S.-based

Retail 250

Retail Online Innovation Lending 250

PYMNTS

MAY 29, 2020

Both Walmart and Amazon made some big add-ons and/or acquisitions this week as they attempt to widen their sphere of retail influence in a post-pandemic world. And in 2019, the company participated in a $530 million funding round for autonomous tech firm Aurora Innovation. We believe $1.1 Hiccup of the Week: Brief Amazon Outage .

Retail 131

Retail Capital Online Video 131

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 11, 2016

Back-to-school shopping has started earlier than usual this year, and retailers have Amazon to thank. According to a report, shoppers took advantage of Amazon’s Prime Day to stock up on back-to-school supplies, which is leaving retailers playing catch-up if they want to cash in on what is a lucrative time of year for them.

Retail 100

Retail Online Trends Examples 100

PYMNTS

MARCH 7, 2018

To help merchants and other service providers convert more consumers at the point of sale, LendingPoint has unveiled LendingPoint Merchant Solutions, a platform that will provide fully integrated one-stop retail financing, the company said in an announcement.

Retail 100

Retail San Diego Georgia Risk Management 100

PYMNTS

OCTOBER 21, 2019

As Seedrs CEO Jeff Kelisky told Karen Webster in a recent discussion, while most people in 2009 took one look at the sputtering and shuddering economy, there was a whole class of innovators and entrepreneurs who didn’t see a nuclear wasteland where the economy used to be. They saw a greenfield waiting to be planted. The list goes on.

Innovation 131

Innovation Payments Apple Mobile 131

PYMNTS

APRIL 27, 2018

A 2014 study by Northwestern University’s Kellogg School of Management found that’s the case, revealing evidence to support that seven-second rule of thumb. Interestingly, the 20 percent middle-of-the-road innovators had a kiosk implementation rate of just 25 percent, according to PYMNTS’ report.

Innovation 105

Innovation Study Google Survey 105

Bank Innovation

APRIL 18, 2018

We spent last year and most of 2016 scaling and on the workings of the product,” Purdue told Bank Innovation. Launched back in 2014, […]. EXCLUSIVE - With over 100,000 signups to date, Ollie Purdue, CEO of digital current accounts Loot will turn his focus on generating revenues this year. “We This year, we look at revenues.”

Fintech 170

Fintech Innovation social media Online 170

Bank Innovation

SEPTEMBER 4, 2018

Simple and Moven had more innovative offerings than traditional peers, but that didn't translate to more customers or more revenue. What was BBVA paying for when it bought Simple for $117 million in 2014? Fintech startups, particularly neobanks, have long suffered from having great technology, but few customers using it.

Fintech 150

Fintech Company Innovation Technology 150

Perficient

JULY 11, 2022

Buy now, pay later (BNPL) is a type of point-of-sale installment loan that partners with retailers to allow consumers to pay for their purchases in multiple equal payments. When online shopping, if a retailer has a partnership with a BNPL platform, the customer can choose it as their payment method when placing their order at checkout.

Fintech 474

Fintech Trends South Dakota Apple 474

PYMNTS

JUNE 26, 2020

Last year, Amazon participated in a $530 million funding round for autonomous technology firm Aurora Innovation. Founded in 2014, it was valued at $3.2 If it closes, the deal would represent Amazon’s second-biggest acquisition since the 2009 purchase of online shoe retailer Zappos for $1.2 billion four years later. “We

California 259

California Course Technology Report 259

PYMNTS

JANUARY 20, 2017

As retail pushes further into online spaces, many marketers and merchants alike are focused on clicks and open rates to measure the success of campaigns and consumer outreach, said Matt Williamson, cofounder and CEO of Windsor Circle. based company takes a different, data analytics approach to online retail marketing.

Retail 100

Retail social media Analytics Data 100

PYMNTS

NOVEMBER 8, 2017

FIS surveyed 25 markets in which real-time payments programs are operational, rating their innovative qualities on a scale from 1 to 5. Denmark’s NETS RealTime 24/7 initiative launched in 2014 and offers near real-time settlement of transactions — including P2P, mobile, online and credit transfer payments, as well as B2B payments.

Innovation 101

Innovation Payments System Operations 101

PYMNTS

SEPTEMBER 21, 2018

Walgreens Boots Alliance and Alibaba Group Holding have announced the launch of a Boots flagship store on Tmall Global , Alibaba’s B2C platform for international brands and retailers. The partnership will offer Boots beauty brands to more than half a billion consumers in China, including No7, Soap & Glory and Boots Cucumber.

Branding 175

Branding Retail Groups US 175

Fintech Labs Insights

APRIL 12, 2024

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

Innovation 15

Innovation Fintech Online Mobile 15

PYMNTS

OCTOBER 23, 2018

In a press release , Visa said the investment will go to help Conductor expand its products and to accelerate innovation in payments. Conductor, which has been backed by Riverwood Capital since 2014, is a key technology processing platform for retailers, banks and other companies in Brazil, according to the press release.

Company 128

Company Payments America Regional 128

PYMNTS

OCTOBER 12, 2016

David Lauren — son of company founder and namesake Ralph Lauren — will be promoted to the newly created position of chief innovation officer, according to a recent filing with the SEC. percent from the $780 million it brought in in 2014. His most recent post has been as executive vice president of marketing and communications.

North Carolina 100

North Carolina Innovation Report Operations 100

PYMNTS

JUNE 23, 2020

NEW DATA: How Credit Unions Are Innovating To Help Micro Businesses. Thirty-six percent of credit unions say micro businesses form a “very important” or “extremely important” part of their member bases, according to the PYMNTS latest survey on Credit Union innovation. Visa On Its 1 Billion Token Milestone — And What Lies Ahead.

Payments 159

Payments Survey Innovation Fraud 159