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Augmented Reality Adds 3D Technology To Boost Retail Conversions

PYMNTS

The David’s Bridal application was built by Vertebrae , a tech company that specializes in bringing real-world applications to retailing. Vince Cacace , CEO of Vertebrae, told PYMNTS that AR in 3D has become a high-demand technology for all kinds of products and retailers. “We How does it work on me? What are the details?

Retail 261
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DayTek Capital Granted Banking License In Australia

PYMNTS

DayTek Capital , an Australian challenger bank known for its prepaid “Infinity” card, has been granted a banking license by the country’s Securities and Investments Commission, a report from AltFi says. In 2018, Volt was the first neobank to get a RADI, the report notes.

Capital 154
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Proxy War Prompts Exit Of CEO From USA Technologies

PYMNTS

USA Technologies CEO Stephen Herbert has stepped down against the backdrop of a proxy war ignited by the company’s biggest investor, New York-based hedge fund Hudson Executive Capital, Biz Journals reported on Friday (Oct. Herbert’s exit follows a plan by Hudson Executive Capital to take over the USAT board.

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Kroger’s Secret Ingredient In 2018: Data

PYMNTS

The data-driven “Restock Kroger” initiative will largely take the place of new growth in the coming year, according to Supermarket News , with improvements to customer service and assortment winning out over expansion in 2018. However, the category resets have so far touched only 6 percent of the grocer’s 2,778 retail stores.

Data 109
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How Retailers Could Turn Smart Vending Into A $15B Market By 2025

PYMNTS

As technology reshapes the way buyers access goods and services, consumer expectations are moving targets, and merchants that hope to survive can’t afford to fall behind. From Reis & Irvy’s to Vengo , merchants and technology companies are reinventing the world of vending technology through smart devices.

Retail 177
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Cloud Technology, B2B Payments, Visa’s YellowPepper Deal Top This Week’s News

PYMNTS

We have deep dives on cloud technology, business-to-business (B2B) payments and Visa’s deal to acquire YellowPepper. The purchase builds on a strategic partnership and investment made in 2018, where Visa invested in the firm back then. Bain Capital Ventures: 2020 Is B2B Payments’ Breakout Year. Trackers And Reports .

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Auto Sales Race Toward A New Retail Future

PYMNTS

Close the door and buckle up – retail automotive sales are getting an upgrade. The online marketplace company aims to eventually use AI technology on descriptions, so that a user could give basic details and the AI would flesh out the rest. Retail spending growth began to slow as we entered the fourth quarter,” he said.

Retail 131