PYMNTS

SEPTEMBER 4, 2018

A new report says that India’s e-commerce market could hit $150 billion by 2022 due to rising incomes and a boost in Internet users. And the growing e-tail market could grow at a compounded rate of 30 percent each year to surpass $60 billion in market size by 2022.

Marketing 128

Marketing Retail Leadership Study 128

Bank Innovation

APRIL 23, 2019

Nearly 80% of traditional financial institutions feel little or no threat from fintechs today, but 65% believe fintechs will be a “significant threat” by 2022, according to a new study by Harvard Business Review.

Study 225

Study Fintech Survey Technology 225

PYMNTS

JULY 10, 2020

China’s global technology company specializing in online retail, and its Russian partners have set a goal of $10 billion in annual revenues by 2022-2023, Reuters reported. AliExpress Russia , the eCommerce venture between the Alibaba Group Holding Ltd., billion last year, the news service reported.

Online 140

Online Maine America Groups 140

PYMNTS

APRIL 4, 2019

Out of the haze of uncertainty emerged a new mobile network, and from the new mobile network came new retail applications and experiences, all taking advantage of the faster speed of the technology, and the potential to reduce friction. The mobile technology is moving from the realm of the possible to the world of the real.

Retail 177

Retail Mobile Course Branding 177

PYMNTS

JANUARY 21, 2020

Don’t look now, but virtual reality and augmented reality are starting to make bigger gains in the retail world. These are still early days but trends are coming together — and expectations are rising, thanks not only the evolution of AR and VR technology, but the coming deployments of 5G mobile network ecosystems. Larger Trends.

Retail 210

Retail Trends Washington Technology 210

FICO

FEBRUARY 16, 2023

For 2022, we saw a significant increase in compromised cards resulting from skimming activity. And the data from January 2023 is already trending at nearly 10x increase over 2022. One striking fact about the increase in POCs was that 75% of the total compromise sites were new in 2022 (sites that had not been compromised before).

Cards 98

Cards US Data Fraud 98

PYMNTS

DECEMBER 2, 2019

Shares in Future Retail rose 13 percent on Friday (November 29) after India’s antitrust body announced that it has approved a deal that would give Amazon a minority stake in the company. In August it was reported that the eCommerce giant was in discussions to acquire a stake in Future Retail. percent of Future Retail.

Retail 130

Retail Marketing Groups Operations 130

Independent Banker

OCTOBER 31, 2022

ITMs and VTMs are popular retail banking innovations among community banks. What’s on the horizon for retail banking? According to a new report from PwC titled “Retail Banking 2025 and Beyond” (see sidebar), the retail banking industry is undergoing tremendous change—but, of course, community bankers already know that.

Banking Trends 151

Banking Trends Retail Trends Community Bank 151

PYMNTS

JUNE 13, 2019

Retail is getting more visual, and that stands to be the case for locally-focused merchants as they compete for attention and consumer dollars with the likes of Amazon and Walmart. Indeed, augmented reality is among the tools that local retailers look ready to adopt for further use. By 2022, the report says, VR will generate $1.8

Retail 182

Retail Google Tools Video 182

Independent Banker

SEPTEMBER 1, 2021

As banks head into planning sessions for 2022, it has perhaps never been more important for financial institutions to invest time and resources into market studies and research. No one expects you to be a mind-reader,” said Tim Klatt, Director of Retail Strategies for La Macchia Group.

Analysis 91

Analysis Branch Strategies Study Branding 91

BankInovation

APRIL 14, 2022

Citi plans to spend $11 billion on technology this year, an 11% year-over-year increase.

Groups 98

Groups Operations Technology Retail 98

FICO

FEBRUARY 21, 2023

Another full year is in the books As 2022 came to a close, the economic environment in the United States is teetering on the edge of a recession. Another full year is in the books As 2022 came to a close, the economic environment in the United States is teetering on the edge of a recession. since March 2022 and is up 1.9%

Trends 52

Trends Industry US Cards 52

The Financial Brand

JANUARY 2, 2022

The post Retail Banking Reflections and Keys to Success for 2022 appeared first on The Financial Brand - Banking Trends, Analysis & Insights. The best way to prepare for the future is to reflect on the progress and shortfalls of the past.

Retail 42

Retail Banking Trends Analysis Trends 42

PYMNTS

APRIL 29, 2019

This is a key takeaway from Payments 2022 , a PYMNTS study in collaboration of Stripe , based on an extensive survey of 250 payment heads representing various sizes and types of business-to-business (B2B) and business-to-consumer (B2C) digital platforms: B2C service marketplaces, B2B Software-as-a-Service (SaaS) firms, B2C merchant marketplaces, B2C (..)

Payments 170

Payments Survey America Study 170

PYMNTS

FEBRUARY 28, 2017

The market for automation technology in warehouses are set to take off in the next five years due to sustained growth in the eCommerce industry and demand for enhanced quality, according to a new report from Research and Markets. percent between 2017 and 2022. percent between 2017 and 2022. Here are some of the key findings.

Study 100

Study America Industry Regional 100

BankInovation

JANUARY 12, 2022

Chief Technology and Operations Officer Victor Tung will join Bank Automation Summit 2022 for a panel discussion on Tuesday, March 1, at 2:15 p.m. Bank of Montreal (BMO) U.S. ET at the JW Marriott in Charlotte, N.C.

Charlotte 98

Charlotte Technology Innovation Operations 98

FICO

DECEMBER 12, 2022

Reflections 2022: The Power of Patents and the People Behind Them. In 2022, FICO was granted 11 new U.S. Mon, 12/12/2022 - 16:00. As 2022 draws to a close I am reflecting on what has been a very challenging year for the world at large. This technology is incorporated into FICO® Falcon® Fraud Manager. FICO Admin.

Analytics 52

Analytics San Diego Fraud Cyber Security 52

PYMNTS

JANUARY 10, 2018

billion by 2022. Juniper also assigned a 2022 deadline for 4 billion mobile-enabled loyalty cards being activated by 2022 — nearly doubling the 2017 rate. As Apple has moved to embed the technology, enthusiasm is seeing a big uptick, even in previously resistant markets. New data released by the firm indicated that 1.3

Retail 122

Retail Apple Mobile Tools 122

PYMNTS

DECEMBER 12, 2018

For shoppers who rely on smartphones, the “face” of the modern retailer is becoming its mobile website and app. Retailers from Kroger to Starbucks , as well as Shell , Dollar General and Macy’s , are rolling out their own mobile apps with smartphone-based payment options to meet the needs of the connected consumer.

Retail 130

Retail Mobile New Jersey Study 130

CB Insights

JANUARY 26, 2023

With the rise of retail investment platforms, the investment landscape has changed dramatically in the last decade. DOWNLOAD THE STATE OF FINTECH 2022 REPORT Get the latest data on global fintech investment trends, the unicorn club, sectors from banking to payments, and more. Become a CB Insights customer.

Technology 63

Technology Management Fintech Trends 63

PYMNTS

AUGUST 26, 2019

Pretty much everyone needs medicine at one or another, and that need is helping to drive retail innovation and attempts at disruption in the pharmacy business. billion by fiscal 2022 in annual expenses. But innovation efforts continue for retail pharmacy operations. Expect other retail pharmacy moves as a new decade dawns.

Innovation 136

Innovation Retail United States ATM 136

FICO

NOVEMBER 24, 2021

The 2022 Chartis RiskTech100® Report is live, and I am proud to announce that FICO ranked 6th overall in the annual report and was named the category winner for: Innovation (5th consecutive year). Retail Credit Analytics. 2022 marks the 16th annual RiskTech100® report. Link to download the 2022 Chartis RiskTech100® Report.

Report 52

Report Analytics Company Innovation 52

FICO

NOVEMBER 23, 2021

FICO has announced its panel of independent judges for the 2022 FICO® Decisions Awards , which honor businesses achieving outstanding results using analytics and decision management technology to grow their business, manage risk and reduce costs. 2nd Row): Sheila Leverone, Graham Rand, Sibulelo Ncamani, Dinesh Suresh.

Meeting 52

Meeting Analytics Risk Management Management 52

FICO

AUGUST 16, 2022

US Bankcard Industry Benchmarking Trends: 2022 Q2 Update. Wed, 05/25/2022 - 03:43. Tue, 08/16/2022 - 15:30. Then in the Spring of 2022, the Federal Reserve began increasing interest rates slowly because they believed that inflation was going to be short-lived. in June 2022 is 10.7% Saxon Shirley.

Trends 52

Trends Industry US Cards 52

FICO

JUNE 16, 2022

US Bankcard Industry Benchmarking Trends: 2022 Q1 Update. Fri, 06/03/2022 - 12:48. Thu, 06/16/2022 - 15:00. The first quarter of 2022 brought rising inflation and rising interest rates while unemployment is back to pre-COVID levels. The Bureau of Labor Statistics reported that the unemployment rate in March 2022 is 3.6%

Trends 52

Trends Industry US Cards 52

FICO

DECEMBER 9, 2021

As the end of the year approaches, financial institutions are preparing for 2022 by pivoting their focus towards digital transformation initiatives that add real value for their customers and their bottom line. In 2022, more financial institutions will also focus on humanizing their digital experiences. Playing Digital Catch-Up. .

Trends 52

Trends Report Customer Experience Data 52

FICO

DECEMBER 14, 2021

As we move forward into 2022, we are seeing the first signs of some interesting trends that will pick up pace across borders. As such, we’ve seen a slow emergence of a black market for the sale of fake vaccine passports and it is on its way to becoming a lucrative industry in 2022. Accessibility of Deep Fake Technologies.

Fraud 52

Fraud Management Data Trends 52

PYMNTS

AUGUST 6, 2019

What to do with retail malls? That is among the latest trends as retail reinvents itself, and technology and other trends force new uses for old commerce spaces. Malls are not exactly the hotspots of coolness and retail activity they once were. retailers so far this year than in all of 2018. New Investment.

Retail 108

Retail Innovation Minnesota Los Angeles 108

PYMNTS

NOVEMBER 15, 2019

28, which is six days later than last year — meaning retailers have a whole week less to sell during the holidays. What does this mean for retailers heading into the holiday shopping season? Almost all generations express more interest in downloading hypothetical future versions of retailers’ apps rather than those currently offered.

Retail 128

Retail Mobile Millennials Tools 128

Perficient

FEBRUARY 2, 2023

In fact, according to The Business Research Company’s 2022 Payment Security Global Market Report , the payment security market is expected to reach $43 billion by 2026. A biometric payment is a point-of-sale technology that authenticates payments by pairing a payment card with a physical identifier of the cardholder.

Industry 471

Industry Trends social media Payments 471

PYMNTS

NOVEMBER 15, 2019

28, which is six days later than last year — meaning retailers have a whole week less to sell during the holidays. What does this mean for retailers heading into the holiday shopping season? Almost all generations express more interest in downloading hypothetical future versions of retailers’ apps rather than those currently offered.

Retail 124

Retail Mobile Millennials Tools 124

PYMNTS

AUGUST 23, 2017

Cloud-based software firm Tulip Retail , which provides a mobile app suite for store associates in retail settings, has raised $40 million in its latest funding round. Asaria told Reuters he hopes to launch an initial public offering (IPO) by 2022 or 2023.

Retail 101

Retail Software Mobile Online 101

PYMNTS

AUGUST 1, 2017

To say direct-to-consumer retail practices have had an impact on the manufacturing industry would be an understatement. With eCommerce a major proponent of the direct-to-consumer (DTC) channel and showing no signs of slowing down, the retail industry landscape has been forever changed.

Industry 120

Industry Retail Study Technology 120

PYMNTS

AUGUST 16, 2017

More human and less robotic is the sound of the beating retail drum this year. To provide more human-like responses, cognitive computing is key, and the retail industry is taking note. Retail executives are increasingly more confident in the use of artificial intelligence and natural language processing.

Retail 110

Retail Industry System Technology 110

Banking Exchange

OCTOBER 25, 2021

Wells Fargo’s new virtual assistant will launch in 2022 Retail Banking Feature Technology Financial Trends Lines of Business Branch Technology/ATMs Customers Outsourcing/Cloud Feature3.

ATM 88

ATM Trends Retail Technology 88

PYMNTS

APRIL 25, 2019

Might Macy’s be a better landlord than retailer? have been hurt as shoppers make more purchases online, forcing retailers to think of ways to either downsize their footprints or repurpose their stores. The year got off to a bumpy start for the retail chain, as holiday sales slumped when they were supposed to soar. Macy’s Woes.

Retail 122

Retail Los Angeles New York City New York 122

PYMNTS

AUGUST 10, 2018

Traditional retail locations, ranging from fashion and home furnishings to hardware and department stores, have been forced to make significant changes in the face of heightened competition from eCommerce giants like Amazon and omnichannel powerhouses, like Walmart and its online unit, Jet.com.

Digital Strategies 104

Digital Strategies Retail Strategy Los Angeles 104