Chris Skinner

NOVEMBER 13, 2018

retail, wealth operations: sources … The post Things worth reading: 13th November 2018 appeared first on Chris Skinner's blog. Rabobank explores sale of U.S.

Digital Banking 165

Digital Banking Fintech Retail Operations 165

Chris Skinner

NOVEMBER 4, 2018

Things we’re reading today include … Barclays and Lloyds among the worst performers in EU bank stress test Bank sales culture needs to change says review Bank of England bans Doctor Who from £50 note Goldman Sachs signs 100,000 customers to its new retail bank, Marcus, in just over a … The post Things worth reading: 5th November 2018 (..)

Retail 165

Retail 165

PYMNTS

DECEMBER 26, 2018

It has been a busy year in the world of mobile commerce, particularly with retail apps. Merchants from grocers to quick-service restaurants (QSRs) and gas stations rolled out new ways for consumers to transact from mobile ordering to scan-and-go checkout in 2018. Apps As Mobile Ordering Tools.

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Bank Innovation

FEBRUARY 19, 2019

The year 2018 was a great year for fintech funding across the globe. In fact, a new report by CB Insights showed there were about 2,745 investors in 2018, representing a five-year high. […]. This is true not only because the total funding was high, but also because there were more investors in fintech than in years before.

Fintech 199

Fintech Report Capital Innovation 199

Chris Skinner

AUGUST 23, 2018

Things we’re reading today include: Look, no beard: Goldman Sachs’ Marcus subverts the fintech story | Patrick Collinson Parrots can make complex economic decisions to turn a profit Goldman Sachs starts rolling out retail bank Marcus in the UK Brexit/City: duck and cover SEC to review decision rejecting bitcoin ETFs … The post (..)

Bitcoin 157

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Bank Innovation

JANUARY 25, 2018

EXCLUSIVE — It’s not even a month into 2018 and already so much has changed. The cryptocurrency bitcoin, which shocked everyone by surpassing $17K, further shocked everyone by dropping below $10K. Then of course there are various other events sweeping the financial services space, from new tax laws in the U.S., to the rise of […].

Trends 299

Trends Bitcoin cryptocurrency Taxes 299

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 10, 2020

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? How does it work in my space?

Retail 261

Retail Technology Training Online 261

PYMNTS

AUGUST 13, 2018

Today’s coverage includes the newest sales figures from the National Retail Federation (NRF), along with two stories about new revenue paths for Amazon. NRF Increases Sales Forecast For 2018. Retail sales are expected to rise by at least 4.5 percent over 2017, compared to the 3.8 percent to 4.4

Retail 100

Retail cryptocurrency blockchain National 100

Chris Skinner

FEBRUARY 4, 2018

consumer protection official puts Equifax probe on ice – sources Quicken replaces Wells Fargo as top US retail mortgage lender Fed puts brakes on Wells Fargo when bank needs to step on gas Swiss bank … The post Things worth reading: 5th February 2018 appeared first on Chris Skinner's blog.

Retail 164

Retail US 164

Bank Innovation

APRIL 26, 2019

Customer satisfaction in the overall retail banking industry has improved over the last twelve months, but ever so slightly, according to J.D. Retail Banking Satisfaction Study. Based on this report, released Thursday, the industry scored 807 on a 1,000-point scale, up just by one point from the 2018 report. Power's 2019 U.S.

Retail 186

Retail Study Industry Report 186

Bank Innovation

NOVEMBER 15, 2017

In addition to fireside chats, startup demos, and general sessions, Bank Innovation’s 2018 conference has added a pre-conference workshop on how to build an innovation team, added even more time […].

Conference 225

Conference Innovation Fintech How To 225

PYMNTS

MAY 20, 2019

The number of ATMs installed during 2018 declined by 1 percent on a worldwide basis, found RBR, the research firm. million at the end of 2018 and that the decline was due to branch closures and growing popularity of mobile payments. In a press release , RBR said the number of ATMs stood at 3.24 In the U.S.,

ATM 164

ATM America Report Marketing 164

PYMNTS

SEPTEMBER 18, 2019

The future of retail is playing out in multiple places, including the open road, while voice will help capture the connected commerce frontier. Data: 1,100: Number of business email compromise fraud scams that targeted CEOs in 2018. trillion: Estimated value of global financial losses reported in 2018.

Retail 190

Retail Digital Banking Course Fraud 190

PYMNTS

AUGUST 7, 2020

For retailers, it’s better to be hot in 2020 than top. The National Retail Federation (NRF) said on its blog this week that the Hot 100 Retailers, while vulnerable to mergers and acquisitions, as a group is more stable than the Top 100 Retailers ranking, as stores are impacted by the unpredictability of COVID-19.

Retail 144

Retail Groups Washington National 144

PYMNTS

SEPTEMBER 4, 2020

But in other ways, it was business as usual, as the two biggest retailers in the world – Walmart and Amazon – posted stellar earnings numbers and competed in more muted ways for the U.S. percent of total consumer spending in Q2 (spanning all categories, including retail) and 9 percent of total retail spending. That’s up from 9.6

Retail 249

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PYMNTS

FEBRUARY 14, 2018

Retail sales in the U.S. Department of Commerce show retail sales decreased 0.3 Economists had not been expecting a contraction, and retail sales had been forecast to rise 0.2 Year-on-year, retail sales numbers rose 3.6 The latest figures out of the U.S. percent as previously reported. percent in January.

Retail 100

Retail National Report Data 100

PYMNTS

DECEMBER 16, 2020

Benetton Group , an Italian fashion company, is teaming once more with retail market intelligence firm EDITED as an "essential platform" for its future three-year roadmap, according to a Wednesday (Dec. 16) announcement. “As

Groups 157

Groups Retail Analytics Branding 157

PYMNTS

FEBRUARY 14, 2020

With data indicating that consumer spending is still strong, retail sales – which are an indication of purchases at restaurants, stores and online – rose a seasonally adjusted 0.3 The news comes as retail sales in the United States strengthened in December. percent from December 2018. Retail sales rose 0.5

Retail 141

Retail United States Data Meeting 141

PYMNTS

MARCH 30, 2020

Retailers are beginning to deliver to consumers’ homes or ramping up their ability to do so during the coronavirus crisis. And in brick-and-mortar retail, the gap between essential and non-essential retail continues to grow as deep discounters and dollar stores bring on more stores, employees and revenue.

Retail 130

Retail Data Payments 130

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. Still, shares are off more than 65 percent since the start of 2018.

blockchain 202

blockchain Retail cryptocurrency Report 202

PYMNTS

OCTOBER 23, 2020

percent stake in Aditya Birla Fashion and Retail Limited (ABFRL), the company said in a statement on Friday (Oct. That would bring Walmart a solid return on its $16 billion investment in 2018 for a 77 percent stake in Flipkart. Walmart India’s eCommerce firm Flipkart is investing $204 million (?1,500 1,500 crore) for a 7.8

Retail 248

Retail Branding Groups Industry 248

PYMNTS

JANUARY 16, 2020

With a late shopping rush around the holidays that ended a more moderate spending year, retail sales in the United States strengthened in December. percent from December 2018, Bloomberg reported. Retail sales rose 0.5 The retail “control group” sales rose 0.5 Retail sales rose 3.6 percent and rose 5.8 percent.

Retail 131

Retail United States US Maine 131

PYMNTS

DECEMBER 29, 2018

At the close of 2018, the consumer’s outlook on things is several shades brighter than it was a decade ago. total retail sales jumped 5.1 Amazon reported a record-breaking holiday season and was reportedly a major beneficiary of confident consumers’ appetite to shut down 2018 with some serious spending. from the year 2000.

Conference 182

Conference New York Report Retail 182

PYMNTS

JANUARY 22, 2020

And in tech, virtual reality (VR) and augmented reality (AR) are starting to make more significant gains in the retail world. 171M: Number of worldwide virtual reality (VR) users in 2018. 1.8B: Amount that virtual reality will generate through retail and marketing in 2022. . All this, Today in Data.

Retail 141

Retail Innovation Technology Data 141

PYMNTS

DECEMBER 28, 2018

This year, retailers from Kroger to Whole Foods Market brought new offerings ranging from cashierless checkout to personal shopping services to their stores. Amazon might have kicked off the year of cashierless checkout with its Amazon Go store in January , but the concept took off in other parts of the world in 2018.

Innovation 194

Innovation Sacramento Retail Kentucky 194

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

PYMNTS

SEPTEMBER 12, 2019

Data shows that stores are closing or filing for bankruptcy this year at a faster pace than in 2018. And additional retail bankruptcy filings are expected in the second half of the year, while brick-and-mortar stores will continue to close at a higher rate, according to a report by professional services firm BDO USA LLP.

Retail 137

Retail Charlotte New York Taxes 137

PYMNTS

JANUARY 24, 2019

Before consumers started to trade brick-and-mortar shopping experiences for eCommerce websites, retailers could bring customers through their doors with window displays. According to the PYMNTS Virtual Reality In Retail Report , there are expected to be 100 million AR/VR headset users by 2022.

Retail 204

Retail Training New York City Technology 204

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

PYMNTS

JULY 9, 2019

Automated retail might conjure up images of robot cashiers, but beyond a few convenience stores in Japan and Korea, that sci-fi development hasn’t yet become reality for the wider world. The latest Automated Retail Tracker explores these trends and new developments in the unattended retail space. smartphone users.

Retail 180

Retail Houston Minnesota Austin 180

PYMNTS

SEPTEMBER 11, 2019

Virtual reality could have more retailers reach more consumers in the coming few years — in large part by upping the consumer experience. billion for retail and marketing in the year 2022, with revenues from VR initiatives expected to increase by 3,000 percent over the next four years. and Europe by 2022. Amazon VR Push.

Retail 192

Retail San Diego San Francisco Branding 192

PYMNTS

DECEMBER 31, 2018

According to the report, cybercrime touched nearly every sector throughout 2018, including those that may seem less obvious, like education or manufacturing — and for one obvious reason: the money. Facebook’s 2018 regarding the stewardship of user data and privacy was one it would like to soon forget. Department Store Hacks.

Data 230

Data Security Tools Cards 230

PYMNTS

JANUARY 2, 2020

He estimated that yearly worldwide losses from retail returns are almost $1 trillion – higher than 2015’s $600 billion. A 2018 report from the Appriss Retail and National Retail Federation noted that roughly 10 percent of products sold in the U.S. or 5 percent higher than the same period in 2018.

National 131

National Retail United States California 131

PYMNTS

SEPTEMBER 6, 2019

And, in retail, wellness innovators are personalizing vitamin subscriptions for better self-care, while disruptors are aiming to replace heavy parking structures with automated towers. institutions lost to check fraud in 2018. In disbursements news, a sizable portion of U.S. All this, Today in Data. 18 billion: Amount U.S.

Retail 148

Retail Payments System Fraud 148

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

JUNE 18, 2020

is comprising nearly half of the retail growth in the U.S. 85%: Proportion of retail sales that stores accounted for as of 2019. launch in 2018. 16%: Percentage by which Chinese online retail sales are projected to rise for the year as a whole. 85%: Proportion of retail sales that stores accounted for as of 2019.

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Retail Data Branding Online 130