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11 Ways Fintech and Banking Will Change in 2017 Page 3

Bank Innovation

AI Anticipates Customer Needs Andy Hernandez, Head of eBusiness, Regions Financial Corp. “The use of Artificial Intelligence to anticipate the customer’s needs will be an area of growth not only in 2017 but throughout the foreseeable future. Simply put, we want to break down barriers for customers by consistently Read More.

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Local Governments Move In On Retail Vacancies

PYMNTS

It was supposed to be a thriving retail center in Milwaukee when it was built seven years ago. It’s one approach to a growing retail vacancy issue that local governments are getting more aggressive in trying to solve. Backers of the tax position it as a solution to the increasing amount of empty retail space in the city.

Retail 135
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Grocery Tracker: 2017 Food Predictions

PYMNTS

To kick off this week’s Grocery Tracker, a reminder that brick-and-mortar is still kicking in certain retail aspects, even as 2017 grows closer. Factoring in cost, 73 percent of consumers said they would pay a higher retail price for food and drink products made with readily recognizable ingredients.

Trends 112
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Grocers Consider Checkout Line-Free Future With Unattended Retail

PYMNTS

To help shoppers check out without waiting in line, grocery retailers are rolling out entire stores centered around cashierless shopping experiences, enabling consumers to purchase fresh food and grocery items with a mobile payments app. ABI Research predicts that one million automated retail units will be in the Asia-Pacific region by 2023.

Retail 161
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US, Chinese Retailers Seek International Footholds, Despite Trade War

PYMNTS

retailers (or any foreign players) to establish a strong presence in the Chinese market. Walmart recently announced it would be using WeChat Pay at all of its stores in China’s western region. Semir will stock the 300 Children’s Place locations with apparel, footwear and accessories and operate the brand’s regional eCommerce business.

Retail 115
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PYMNTS’ 2017 New Year’s Resolutions

PYMNTS

As PYMNTS puts away our party noisemakers until next year and throws out our novelty New Year eyeglasses, never to be worn again, we realize that the time is nigh — resolution season 2017 has begun! Here are our 2017 resolution recommendations for our favorite key players this time around. Until mid-February, at least. Oh, chatbots.

Apple 109
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Today In Data: Driving A Digitally Determined World

PYMNTS

Consumers have more retail modes than ever before, in more regions of the world – and a greater ability to expand and customize their commerce activities. million: The number of smart vending machines forecast to be online in the Asia Pacific Region. Data: $13 billion: Projected worth of the self-service market by 2023.

Data 182