Chris Skinner

SEPTEMBER 10, 2017

Things we’re reading today include … Irma a ‘major event’ for insurance industry: Munich Re board member Goldman Sachs to take on UK retail banks Creative currency Northern Rock’s Bank of England bailout ‘should have been secret’ City urges Government to prioritise Islamic finance ahead of possible Brexit boom (..)

Retail 211

Retail Industry 211

PYMNTS

FEBRUARY 6, 2017

Is retail just the land where shelves are stocked with goods, where salespeople appear at your elbow to inquire about your quest to buy? Is retail the purview of the buy button, the screen, and should it be defined as tied to the big screen (laptop) or small screen (smartphone)? Check out Innovation Project 2017.

Innovation 100

Innovation Retail Payments Online 100

Chris Skinner

SEPTEMBER 6, 2017

Things we’re reading today include … Atom Bank breaks into German retail savings market Banking group Nordea to move HQ to Finland in blow to Sweden European Central Bank and Bank of Japan: Blockchain Too Immature for Adoption Danske Bank customers in NI hit by IT problems What’s gone wrong … The post Things worth reading: 7th (..)

blockchain 171

blockchain Groups Retail Marketing 171

Accenture

FEBRUARY 28, 2017

Despite this, I can see clear trends through our work with clients and observation of industry developments, and based on these, I have developed a set of predictions for 2017. Retailing/Acceptance. Omni-channel retailing will drive development of cross-channel and cross-border payment gateway solutions. External/Open APIs.

Payments 150

Payments Bitcoin Samsung Fraud 150

Accenture

FEBRUARY 28, 2017

Despite this, I can see clear trends through our work with clients and observation of industry developments, and based on these, I have developed a set of predictions for 2017. Retailing/Acceptance. Omni-channel retailing will drive development of cross-channel and cross-border payment gateway solutions. External/Open APIs.

Payments 150

Payments Bitcoin Samsung Fraud 150

Bank Innovation

MARCH 16, 2017

What’s keeping bankers awake at night in 2017 – and what’s helping them leap out of bed in the morning, ready to help make customers’ financial dreams come true? We got a glimpse of this at Bank Innovation 2017, our invite-only event in Silicon Valley earlier this month. (If If you missed the action and are […].

Innovation 271

Innovation America Online Mobile 271

Chris Skinner

DECEMBER 20, 2017

Things we’re reading today include … Bitcoin lottery launches in Ireland Top 10 Retail Banking Trends and Predictions for 2018 Tandem’s Takeover of Harrods Bank Approved by Bank of England BNY Mellon freezes $22 billion in Kazakhstan assets: source Bank’s olive branch increases chance of Brexit deal City can live … The post (..)

Banking Trends 157

Banking Trends Bitcoin Trends Retail 157

PYMNTS

SEPTEMBER 12, 2019

Video games are helping to drive retail innovation and growth, and that includes the hot area of subscription commerce. The move is one of several that Tilly’s has been pursuing recently to draw additional foot traffic in an era when, like many youth-focused retailers, it is seeing its sales constantly shifting online.

Video 248

Video Retail Innovation Trends 248

Chris Skinner

SEPTEMBER 3, 2017

Things we’re reading today include … Here’s how many of Europe’s banks were at high risk last year Sanjeev Gupta-backed Wyelands Bank launches new accounts for retail savers Scots set to miss out on BILLIONS as EU bank axe UK funding amid Brexit talks Brexit: UK to be ‘educated’ about … The post Things worth (..)

Retail 164

Retail 164

Accenture

SEPTEMBER 11, 2017

Earlier this year I made a set of payments predictions for 2017, which is living up to expectations as a year with new developments and change occurring on all fronts. Apple Pay) which grew 336 percent in the UK in the first half of 2017 compared to the same period in 2016 according to Worldpay. Retailing/Acceptance.

Payments 219

Payments Bitcoin Trends Apple 219

Chris Skinner

DECEMBER 18, 2017

Bob Diamond mulls UK retail banking return with Tandem stake Lloyds taps £20bn of Bank of England funds to boost profits not lending Bitcoin hits bigger stage as exchange giant CME launches futures UK cannot have a special … The post Things worth reading: 19th December 2017 appeared first on Chris Skinner's blog.

Bitcoin 150

Bitcoin Lending Retail 150

PYMNTS

MARCH 12, 2020

Quick: Who’s the biggest retailer in the U.S.? In terms of sheer size and locations, the United States Postal Service (USPS) is the biggest retailer in the country, with 31,000 locations covering pretty much every town. Now, a new report is asking a good question: What if the post office expanded its retail offerings?

Retail 169

Retail US Survey Examples 169

PYMNTS

NOVEMBER 17, 2020

retail sales rose 0.3 Despite the pandemic’s negative effect on the economy, 2020 retail sales in October were 5.7 Despite the pandemic’s negative effect on the economy, 2020 retail sales in October were 5.7 September retail numbers were up 1.6 percent in October to $553.3 Census Bureau report released on Tuesday (Nov.

Retail 134

Retail America Survey Cards 134

Chris Skinner

JULY 11, 2017

Cards now account for more than half of retail purchases, BRC finds China diversifies overseas amid warnings of credit crunch Bank of England successfully tests new payment method Bank stocks are about to face another major challenge IBM, Westpac and More Trial Blockchain for Bank Guarantees A bank replaced a fax machine with blockchain.

blockchain 157

blockchain Retail Cards Payments 157

PYMNTS

DECEMBER 22, 2020

Amid a year in which over 11,000 retail closings have been announced, past Macy’s CEO Terry Lundgren foresees that disruption to the retail vertical related to COVID-19 will continue into 2021 and possibly bring about additional closings of stores, CNBC reported. We’re not done yet. Lundgren added, “This movie is not finished.

Retail 157

Retail Branding Report 157

Bank Innovation

SEPTEMBER 13, 2017

Finovate Fall 2017 continued its second day of demos with financial service companies showing off everything from biometric solutions for traders, to how to program an old gumball machine to accept mobile payments.

Mobile 249

Mobile How To Payments Company 249

PYMNTS

MARCH 11, 2020

Per a JLL report, the number of service-based retailers rose 20.5 percent between 2002 and 2017, coming in at 1.2 million spaces, while retailers offering goods declined 4.5 JLL Director of Retail Research James Cook said that the growth in service-based companies “will plateau at some new percentage.” percent to 1.1

Retail 130

Retail New York America Report 130

PYMNTS

JANUARY 9, 2020

And in unattended retail, Stockwell ’s new name sparked a turnaround for the firm. Data: 2017: The year Stockwell launched. percent: The rate by which overall retail sales increased from Nov. Data: 2017: The year Stockwell launched. percent: The rate by which overall retail sales increased from Nov.

Los Angeles 130

Los Angeles Retail San Francisco Houston 130

PYMNTS

MARCH 2, 2020

Retailers may be focused on the wrong metrics. Banking and retail put the most emphasis on return on investment (ROI). Spending on CX is up 71 percent over the past three years, and now comprises more than 15 percent of marketing budgets compared to about 9 percent in 2017. One explanation?

Customer Experience 151

Customer Experience Retail social media Survey 151

PYMNTS

DECEMBER 9, 2018

With retailers struggling to get compliant with the Payment Card Industry Data Security Standard , qualified security assessors are going to be in more demand and can offer tokenization as one way of achieving compliance. That’s according to TokenEx , which recently hosted a webinar to help retailers better understand tokenization.

Retail 194

Retail Report Compliance Security 194

PYMNTS

SEPTEMBER 5, 2018

It was a good holiday season for online retailers in 2017 — particularly Amazon. According to Gartner, online retail sales rose 14.7 percent year-over-year during the 2017 holiday season to $108 billion. Nearly 85 percent of holiday sales were in physical stores in 2017. Amazon was the big winner in that increase.

Study 108

Study Online Retail Branding 108

PYMNTS

JANUARY 21, 2021

Plenty of famous retail chains have collapsed both before and during a pandemic that has slammed brick-and-mortar stores, but some iconic names like Pier 1 , Barneys New York and others are coming back – at least in some fashion. Other well-known brands have died in the physical world, but reopened under new owners as online-only storefronts.

Retail 246

Retail Los Angeles New York Branding 246

PYMNTS

JANUARY 21, 2020

Furniture is helping to build a larger retail ecosystem, with the value proposition of Oliver Space centered around providing furnishings, along with design help, to consumers who are moving. Data: 2017: The year IKEA bought TaskRabbit. All this, Today in Data. 39.99: Cost at which consumers can buy a Rabbit charger.

Retail 130

Retail Innovation United States Data 130

PYMNTS

NOVEMBER 28, 2018

retail outfit that sells children’s clothing, is mulling whether to shutter more than half of its 900-store base, Reuters reported Tuesday (Nov. The firm emerged from bankruptcy in 2017, and per the newswire has engaged consulting firm Berkley Research Group to explore its options. Gymboree, the U.S.

Retail 152

Retail Capital Branding Groups 152

PYMNTS

SEPTEMBER 27, 2019

As New York City ’s vacancy rate has skyrocketed by nearly 50 percent, a report released by City Comptroller Scott Stringer showed that the amount of empty retail space in the city has doubled in the last 10 years or so. percent in 2017, up from 4 percent in 2007, according to Retail Dive. The vacancy rate reached a high of 5.8

New York City 133

New York City New York Retail Taxes 133

PYMNTS

JUNE 18, 2018

Amazon ’s furniture sales are on the move: A One Click Retail study found that the eCommerce retailer has more than tripled sales in that category since 2015. And, in 2017, furniture brought in approximately $4 billion, retail news source Chain Store Age reported. with only groceries ahead of it.

Study 118

Study Comparison Retail Online 118

PYMNTS

FEBRUARY 3, 2020

Consumers are firing brick-and-mortar retailers from the jobs they held years and decades before. To get their shopping jobs done, consumers are now hiring retailers that make it convenient to do business – anywhere, anytime, through any channel and on their terms. But it’s more than that.

Retail 172

Retail Online Study Meeting 172

PYMNTS

JUNE 24, 2020

Merchants are focusing on re-engaging shoppers now that brick-and-mortar retailers are reopening across the United States. Data: 2017: The year Amazon acquired the Whole Foods grocery chain. And in banking, credit unions (CUs) are innovating to help the microbusinesses that make up a small yet key part of their ecosystem.

Retail 130

Retail United States Data Innovation 130

PYMNTS

JANUARY 3, 2017

Heading into the new year, most everyone, retailers included, is looking within to enhance our lives and businesses from knowledge already ascertained and move that understanding forward. In the retail space, experts say the chatbot may be one of the best things a merchant can add in 2017.

Branding 159

Branding Retail Customer Experience Resources 159

PYMNTS

SEPTEMBER 13, 2019

Voice recognition could soon play a bigger role in retail — especially in the world of quick service restaurants. Founded in Mountain View, California in 2017, Apprente was started to make voice-based platforms for complex, multi-accent, multilingual, and multi-item conversational ordering. Other Moves.

Retail 248

Retail Google Survey Technology 248

Bank Innovation

DECEMBER 10, 2016

“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. AI Anticipates Customer Needs Andy Hernandez, Head of eBusiness, Regions Financial Corp. Simply put, we want to break down barriers for customers by consistently Read More.

Regional 236

Regional Fintech Online Security 236

Accenture

NOVEMBER 27, 2017

Connecting more than 8,000 decision makers and thought leaders across the industry, Sibos 2017 in Toronto was once again the platform where the global financial community explored the disruptions and opportunities in payments driven by innovation, technology and new business models. Sibos 2018 is in Sydney.

Innovation 171

Innovation Conference Fintech blockchain 171

PYMNTS

MAY 9, 2017

Mobile payments using biometrics to authenticate the user is forecasted to reach close to $2 billion in 2017, up from $600 million last year, according to new data from Juniper Research. HYPR, for example, debuted what it is calling a biometric shopping platform at the National Retail Federation’s BIG Show in New York City in January.

Mobile 137

Mobile Payments New York City Samsung 137

Bank Innovation

MAY 22, 2017

12, 2017 in Chicago. Retail sales as a percentage of GDP exceed 50% for the largest economies in the world, and increasingly the future growth of the retail sector will be tied to the development and adoption of new commerce […].

Retail 186

Retail Chicago Industry Cards 186

PYMNTS

NOVEMBER 25, 2018

Overstock is gearing up to sell its retail business, with a deal taking place in the next few months as it focuses solely on its blockchain initiatives. Overstock has previously announced plans to sell the retail business so that it can focus on blockchain technology. That compares to $22 million of losses in 2017, noted the report.

blockchain 202

blockchain Retail cryptocurrency Report 202

PYMNTS

SEPTEMBER 17, 2018

With unemployment at new lows, staffing has become a challenge for retail companies. Retailers had 757,000 job openings in July, which is roughly 100,000 more than they had a year before, The Wall Street Journal reported. Retailers are hosting “recruiting marathons” to help hire thousands of people.

Retail 155

Retail Arizona Ohio Seattle 155

PYMNTS

MARCH 17, 2020

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

Retail Arlington San Francisco Milwaukee 135