PYMNTS

DECEMBER 24, 2020

If 2020 taught us anything about cryptocurrencies, it’s that they’ve reached a tipping point. If one measures success for digital currencies in buzz — and in price appreciation for many of the marquee names — then 2020 stands out as a banner year. Here are some of cryptos’ key developments for 2020: Bitcoin Goes Higher And Higher.

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PYMNTS

JANUARY 19, 2021

The year 2020 has been disruptive across the board for consumers — changing how they shop, how they work, how they play, how they spend time with others and how they’ve filled the scores of hours they’ve spent alone. Finally, it seems that for Venmo customers, social commerce is increasingly commerce in context.

Retail 198

Retail social media Study Branding 198

PYMNTS

SEPTEMBER 12, 2016

The rise of eCommerce , the push toward omnichannel shopping platforms, the increasing relevancy of social media on shopping habits and the development of the Internet of Things to plumb every last morsel of data on customers and what they spend money on are all rapidly and drastically altering the face of retail.

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PYMNTS

FEBRUARY 3, 2020

2020 just might be the year that the long-awaited social shopping business actually shows up. Ever since Facebook and Google put their muscle behind connecting content to commerce three years ago, the potential for social shopping has been rich – but the results have fallen short of expectations. percent from the prior year.

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social media Branding Survey Strategy 144

Gonzobanker

DECEMBER 22, 2020

This Year was brought to you by the number 2020 and the letters W, T and F” – Big Bird (more or less). Sit back and enjoy our take on the best and worst of banking in 2020 as you celebrate the holidays. Most Oft-Heard Statements of 2020. Kudos to blazing new trails that many institutions are taking on in 2020.

Idaho 181

Idaho Community Industry Strategy 181

PYMNTS

FEBRUARY 27, 2020

The restaurant business is: a) healthy for 2020 or b) apprehensive about technology. The 2020 outlook report from the National Restaurant Association was released today and it paints a picture of an industry dealing with the countercurrents of solid consumer spending and disruptive technology. All of the above.

Rhode Island 151

Rhode Island National social media Arizona 151

PYMNTS

SEPTEMBER 30, 2020

In today’s top retail news, Spiceology aims to shake up the D2C realm, and small and medium-sized businesses (SMBs) face decisions of how — or whether — to compete with Amazon’s October Prime Day event. 13 and 14 in this year of unpredictable and unprecedented retail happenings. Spiceology Shakes Up The D2C Status Quo. Big Lots, Inc.

Retail 189

Retail social media US Marketing 189

PYMNTS

SEPTEMBER 28, 2020

Saudi Arabia and the United Arab Emirates are attempting to square away increasing consumer use of online channels with their privacy and banking standards. The country’s Data Protection Law was announced in 2019 and officially came into effect in July 2020. For more on these and other stories, visit the Tracker’s News & Trends.

Online 151

Online Report Payments Regulation 151

PYMNTS

JANUARY 23, 2020

And retail and commerce-related payments are certainly a big part of that trend. It’s not just the direct selling of products to consumers that matters when it comes to cross-border retail. Several retail and retail-related trends are at play with this funding announcement. Importance of Logistics and Payments.

Retail 151

Retail social media Branding Trends 151

PYMNTS

MARCH 2, 2020

s most high-profile retailers is doing well in the U.S. and another one is ready to open, both of them seeking a new market as their home turf sees retail struggles. s fastest growing brick-and-mortar retailer, Wren Kitchens. And also in training our retail staff to offer the customer a fantastic service.”. expat effort.

Retail 132

Retail Marketing US Connecticut 132

PYMNTS

DECEMBER 16, 2020

IBM has purchased Expertus Technologies, which is based in Canada, according to an announcement, in an effort to strengthen its hybrid cloud and artificial intelligence (AI) infrastructure in addition to its online payment strategies. Gojek’s apps have reportedly received hundreds of millions of downloads as of June 2020.

Technology 240

Technology System social media Payments 240

PYMNTS

DECEMBER 18, 2020

Social media-focused clothing reseller Poshmark became the latest platform company to file for an initial public offering (IPO) this week, hoping to catch an IPO wave that saw big first-day pops recently for Airbnb and DoorDash. In doing so, we bring the power of community to buying and selling online. Revenues Are Growing.

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social media Online Millennials Training 232

PYMNTS

JULY 13, 2017

The digital retail revolution is well underway. Fusing technology into in-store experiences has officially gone mainstream, and retailers are looking for ways to go beyond the traditional mobile app. How much has AI affected the digital retail revolution and what’s next for it?

Retail 212

Retail Customer Experience Study Online 212

PYMNTS

NOVEMBER 16, 2020

Group Seeks to Block Maryland Online Advertising Tax. Maryland legislators ratified the tax earlier in 2020, but Gov. At issue is the eCommerce retailer’s parallel responsibility to third-party merchants as an online shopping ecosystem and to itself as a competitor on the platform with rival products.

Maryland 151

Maryland Taxes Online Groups 151

PYMNTS

AUGUST 3, 2020

Innovation has been a welcome development for retailers in the pandemic. The store marks a new chapter in retail technology, social retail and social currency all at the same time. The Burberry-Tencent venture could be the most high-profile use of social currency in retail.

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social media Retail Innovation Branding 125

PYMNTS

FEBRUARY 5, 2020

How that will affect merchants’ online promotional activity hangs in the balance. That’s the scoop as 2020 opens, with privacy skirmishes turning to full-scale war on browser cookies. In the middle are the consumers whose data fuels eCommerce, social media and basically the entire internet as we know it.

Google 288

Google Data Regulation social media 288

PYMNTS

FEBRUARY 14, 2020

And the wine retailer of the year? The 2019 wine retailer of the year was online – specifically, it was a good year for Wine.com. CEO Rich Bergsund sees its vintage year leading to an even better 2020 as it continues to bring more consumers to the site and find more ways to keep them engaged.

San Francisco 150

San Francisco Millennials Oakland Customer Experience 150

PYMNTS

MARCH 14, 2020

With the coronavirus putting eCommerce front and center, it has unfortunately been joined by its cousin: online retail fraud. Conservative estimates put online sales at $630 billion this year. That doesn’t count alienated customers who are ready to pull the trigger on social media with a bad review.

Fraud 230

Fraud social media Online Retail 230

PYMNTS

JANUARY 13, 2021

The social media-focused platform company’s business model is simple: it’s a retail destination for consumers looking to sell their second-hand apparel and other goods or pick up desirable designer items for fraction of the price. Unique to Poshmark are social media aspects like the ability to share “likes” on favored items. “We

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social media Trends Retail Millennials 169

PYMNTS

JULY 7, 2017

Generation Z are the next up-and-coming group of shoppers who retailers are turning to for the future of retail. Get ready, retailers. The buying power of Gen Z comes out to $44 billion, according to an IBM and National Retail Federation study. They appreciate the hands-on experience of shopping in a store.

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social media Millennials Retail Study 120

PYMNTS

SEPTEMBER 30, 2019

Online Resale. Online resale has become all the rage — even for retailers like Neiman Marcus — from a little bit of everything on OfferUp to fashion-focused Poshmark and high-end The RealReal and 1stdibs. Sales of counterfeit goods through online marketplaces are expected to hit $1.8 billion per year to fake online sales.

Online 101

Online Fraud Branding social media 101

PYMNTS

AUGUST 24, 2020

The social media company has indicated that the Access Act, a proposed data portability law, is a first move in the right direction. The news comes as a new Indian equalization measure came into existence in 2020 that puts a 2 percent tax on every digital transaction that foreign online shopping firms conduct.

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social media Data Apple Compliance 152

PYMNTS

OCTOBER 9, 2020

That’s the current state of play in Southeast Asia where social commerce is growing rapidly as brands try to find new ways to sell during the pandemic. According to research from solutions provider iKala , social commerce orders in the first half of 2020 more than doubled, while gross merchandise value (GMV) grew three-fold compared to 2019.

Branding 221

Branding social media Video Strategy 221

PYMNTS

NOVEMBER 26, 2018

By 2020, Kering will bring full control of its luxury brands online through its own internal activities, which include building tech teams, said Reuters. Now, those retailers taking full eCommerce ops in house have, in turn, full access to sensitive data tied to clients. Online sales were about 6 percent of Kering’s 6.4

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social media Branding Online Apple 141

PYMNTS

DECEMBER 7, 2020

Published reports indicate that in the past year, Ikea has seen online sales increase by 45 percent. Of course, it’s not surprising that a retailer looking to focus on digital is exiting print. That beats 2 percent for mobile, 1 percent for email, 1 percent for social media and 0.2 The decision was announced Monday (Dec.

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social media Retail Branding Course 242

Perficient

NOVEMBER 3, 2020

Here’s why: Traditionally users weren’t able to purchase items through social media platforms. Social influencers could promote brands through their channels and direct users to “swipe up” or click a link in their bio to purchase. 70% of people will trust a recommendation from someone they don’t know.

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social media Google Branding Training 332

PYMNTS

AUGUST 25, 2019

Kohl’s is teaming up with the social media giant to uncover emerging brands that millennial shoppers consider cool. Kohl’s is following a retail movement to offer curated collections so shoppers can explore new trends. Facebook-curated brands launch in 2020.

Millennials 133

Millennials Data social media Branding 133

PYMNTS

JANUARY 15, 2021

“PYMNTS’ research shows that roughly three out of four consumers who have shifted to shopping online since the pandemic began have no intention of such a return. Consumers, after all, have already grown accustomed to the convenience of shopping and ordering online.". A Dose Of Shopper Confusion Along With Vaccines.

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Study Online social media Retail 132

PYMNTS

NOVEMBER 4, 2020

The latest earnings reports from Big Tech giants and social media platforms show that advertising spend is through the roof at present, after basically falling off the roof earlier this year. Per New York Times reporting , the social media titan’s core users are up 12 percent from a year earlier, with more than 1.82

social media 176

social media New York Report Branding 176

PYMNTS

JULY 23, 2018

Coverage includes a new acquisition by online payment firm PayU, European finance ministers pushing for more progress on taxing digital firms and SoftBank planning to launch a new mobile payment service in Japan. PayU, the online payment company owned by Naspers, has announced the acquisition of ZOOZ, a payments technology platform.

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social media Taxes Payments Mobile 100

PYMNTS

NOVEMBER 23, 2020

a reality more starkly drawn in 2020 as some of those small shops and restaurants are just barely holding on after months of a pandemic that has been battering the bottom line since March. percent of consumers have switched from shopping for retail products in stores to shopping for them online, while 16.6

Maine 143

Maine Online Survey social media 143

PYMNTS

MAY 8, 2020

The first quarter of 2020 should have been business as usual — especially for the payments processors and financial services technology companies — the firms that keep commerce humming across offline and online channels. Merchants, too, enjoyed the tailwinds of a strong economy and sanguine consumer mindset. Setting The Stage.

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PYMNTS

SEPTEMBER 14, 2020

Online retail business is booming during the COVID-19 pandemic as consumers increase their use of contactless digital channels to shop safely from home instead of returning to brick-and-mortar stores. I started promoting Afterpay in my emails and on social media, and my sales just started going up and up and up,” she said.

Payments 163

Payments Branding Retail social media 163

PYMNTS

AUGUST 31, 2020

Now that Walmart is officially enjoined in a bid for TikTok with the Redmond, Washington-based software giant, the jury is not out on whether the deal can actually happen, the jury is out on whether Walmart can make TikTok fit into its digital retailing needs. TikTok began testing new social commerce features last year.

social media 131

social media Massachusetts United States Branding 131

PYMNTS

AUGUST 24, 2019

Last year, in fact, some 80 million people bought mobile game tickets – and it is fairly certain that number will continue to increase in 2019 and into 2020. That’s because stadiums and sports teams are looking for more opportunities to connect with at-home and online viewers as they come to represent another segment of attendees.

Payments 161

Payments social media Mobile Seattle 161

Social Assurance

FEBRUARY 19, 2021

This past year showed us how much we actually can do online and how people can adapt to connecting with people through a screen (my grandma included). All of these new consumer habits that are taking place online, has changed the way brands communicate with their audiences. New Social Platforms to Watch.

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PYMNTS

JULY 9, 2019

The subcommittee revealed that it would “examine the impact of market power of online platforms on innovation and entrepreneurship.”. Earlier this month, the Retail Industry Leaders Association ( RILA) , whose members include Walmart , Target and Best Buy, among others, said it is ready and willing to voice its concerns with both agencies.

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social media Apple Policies Innovation 109