PYMNTS

JUNE 24, 2019

Retailers are getting smarter about artificial intelligence (AI), and the latest example of that innovative effort comes from Walmart. According to a new report , the retail chain, hoping to reduce checkout theft, is turning to cameras powered by AI, with deployments underway in some 1,000 stores.

Retail 184

Retail Innovation Examples Online 184

PYMNTS

APRIL 9, 2020

It seems like a year ago, but it was actually only March 8 when discount retailer Burlington announced that it was abandoning its admittedly watered-down eCommerce offering. On one hand, the best way to get people in stores and avoid the fate of other brick-and-mortar retailers was to make online sales the only option.

Retail 164

Retail Exercises United States Online 164

PYMNTS

JUNE 6, 2019

By 2023, manufacturers and retailers will have to donate, reuse or recycle the goods” under a program that the French prime minister called the first of its kind from any national government. Amazon apparently played a part, indirectly at least, in turning public opinion against such retail waste. Amazon’s Role.

Retail 146

Retail New York Online Trends 146

PYMNTS

FEBRUARY 14, 2019

From 7-Eleven to H&M , retailers are adopting digital payments and artificial intelligence (AI) technology to bring more convenient experiences to their customers. And retailers with brick-and-mortar locations in North America are starting to accept Chinese mobile payment systems.

Retail 129

Retail Online Payments United States 129

PYMNTS

AUGUST 7, 2019

Those two retail trends have recently collided in Southeast Asia, where Carro, an automotive marketplace and financing provider, reportedly has bought Jualo, an online marketplace for used goods from some 300 product categories. The deal is not the only recent news involving the online retail sales of automobiles. Retail Waste.

Online 112

Online Retail Trends New York 112

PYMNTS

FEBRUARY 1, 2021

German digital commerce upstart Berlin Brands Group is starting on a new plan to purchase smaller companies. Data: $302M : Approximate amount that Berlin Brands Group plans to invest in purchasing smaller companies. 85% : Portion of financial executives who plan to adopt real-time payments (RTP) by 2023.

Branding 141

Branding Groups Data Payments 141

PYMNTS

FEBRUARY 25, 2019

With eCommerce brands opening pop-up shops in big cities, entrepreneurs are now dedicating entire brick-and-mortar stores to these businesses. SHOWFIELDS , which aims to be a place for brand engagement for eCommerce companies, recently arrived in New York City. If anything, we are a stage; we are a platform.”

New York City 138

New York City Branding New York Retail 138

PYMNTS

JUNE 21, 2019

And, in retail, Verishop has officially launched as retailers find new innovation fuel against Amazon , and quick-service restaurants (QSRs) are enabling digital options with rapid growth in the order-ahead space. 150: Approximate number of brands with which Verishop is launching.

Online 108

Online Payments Retail Data 108

PYMNTS

APRIL 19, 2018

Wendy’s , for example, planned to roll out self-ordering kiosks at about 1,000 of its retail locations by the end of 2017 in an attempt to both lure younger customers and to battle long lines at peak dining hours. billion is the projected size of the interactive kiosk market by 2023. Consumers want their orders faster than ever before.

Retail 102

Retail eBook Customer Experience Ohio 102

PYMNTS

JULY 15, 2020

It connects shoppers to more than 18,000 leading international and local brands. For brands and sellers,” the company says, “LazMall offers an opportunity to create a customized experience for their customers.”. million payment on June 1 on its 2023 notes, triggering a 30-day grace period that expired this week.”. mall owners.

Groups 153

Groups Branding Retail Taxes 153

PYMNTS

MAY 14, 2020

A source told WWD that luxury brands started hiking prices in France on May 7 and hit other stores across Europe on May 11. Top designer brands could up prices to offset those losses, which are largely related to the pandemic. Bain & Company said it anticipates that recovery to 2019 levels will not occur until 2022 or 2023.

Branding 142

Branding Strategy Study Marketing 142

PYMNTS

OCTOBER 11, 2020

The Wall Street Journal (WSJ) reports some of the two retailers' recent online advertising looks a lot like segments of the home shopping channel. 29 gives a sense of the brands' approach. WSJ cites data from Coresight Research indicating online sales events will generate $25 billion annually by 2023.

Pennsylvania 168

Pennsylvania Video Online Retail 168

PYMNTS

AUGUST 2, 2018

Japanese clothing retailer Uniqlo rolled out shopping chatbot Uniqlo IQ on Thursday (August 2), which acts as a digital concierge service. As retail moves deeper into the digital realm, shopping needs to be not just portable and perpetual, but personal as well. billion hours by 2023 in those three sectors.

social media 102

social media Google Retail Tools 102

PYMNTS

JUNE 6, 2019

For some time now, retailers have been using it and radio frequency identification (RIFD) behind the scenes for stock and quality control, as well as to provide product information to customers with smartphones. JPMorgan Chase will roll out new Visa-branded contactless EMV cards this year. However, the U.S. In the U.S.,

US 140

US Apple New York City Cards 140

PYMNTS

FEBRUARY 11, 2020

If there was any stigma left about used clothing it may have been erased last week as Nordstrom put its high-end brand on what it calls “re-commerce.”. The resale market, currently valued at about $7 billion, is expected to triple by 2023, according to a report prepared for fashion reseller thredUP by the research firm GlobalData.

New York City 124

New York City Marketing New York Los Angeles 124

PYMNTS

SEPTEMBER 23, 2020

Dunkin’ Brands is piloting the Mastercard system at a California store that was not named in the report and will take on the name of Dunkin’ Dash. The news comes as Dunkin' Brands' Q2 earnings displayed an anticipated fall in store revenue because of the pandemic but provided minimal details on its stated aim of digital acceleration.

Delaware 150

Delaware System Mobile California 150

PYMNTS

JANUARY 21, 2020

million units by 2023. Mastercard on Helping Retailers Strike the Right Innovation Balance. Brick-and-mortar retail is changing, and brands need to stay outside their comfort zone to stay relevant to customers, according to Michelle Carter, head of data and services in global retail for Mastercard.

Retail 130

Retail Groups Payments Marketing 130

PYMNTS

AUGUST 22, 2019

Consumers are set to spend $23 billion buying mobile tickets for sports and gaming events by 2023. Sports brands are thus looking to a host of new technologies, like contactless payments, and even virtual reality technology, to accommodate a new generation of mobile users.

Atlanta 161

Atlanta United States Online Mobile 161

South State Correspondent

AUGUST 8, 2022

For retail accounts, for the first time since the pre-pandemic era, spending growth has outstripped income growth. This will decrease savings levels and, in turn, retail deposit balances. Retail accounts will take balances from checking and redirect them into interest-bearing deposit accounts. Look for this trend to increase.

Trends 195

Trends Community Bank Community Retail 195

Gonzobanker

OCTOBER 27, 2022

Financial institutions that currently use multiple unaffiliated networks should cut back to no more than two by July 1, 2023, to help mitigate the potential revenue shortfalls. The timing of this change comes as some institutions have already made budget decisions based on existing debit card revenue trends for 2023.

Cards 78

Cards Fraud Regulation Trends 78

FICO

MAY 18, 2023

The innovative pay-as-you-go solution allows Dock’s clients, including banks, fintechs, and retailers, to intercept fraudulent transactions and protect their operations, while also improving the user experience. For its achievements, Dock won a 2023 FICO ® Decisions Award for Fraud Management.

Fraud 52

Fraud Technology social media Innovation 52

PYMNTS

FEBRUARY 11, 2020

For its three years in operation, Brandless generated no shortage of buzz with its concept of “private label for less” and the idea that the best brand is no brand at all. Under his leadership, the plan for the brand was to pivot into higher-margin, bigger ticket products such as CBD oil and move Brandless onto store shelves.

Branding 150

Branding Operations Leadership Millennials 150

PYMNTS

MAY 7, 2020

Online luxury has remained resilient, while brand name stores and department stores have seen sharp drops. Bain & Company said it anticipates that a recovery to 2019 levels will not occur until 2022 or 2023. Small- to medium-sized businesses (SMBs) are getting the message. It will take time for the market to recover.

Data 151

Data Survey Boston Study 151

PYMNTS

NOVEMBER 14, 2018

But his properties will be similar to some higher-end hotels when it comes to linens, pillows and toiletries, which will be provided by an upscale brand. ( This drive for innovation extends to the company, which doesn’t run like a traditional hotel brand. Le Labo in this case.) The Hotel Concept.

Miami 115

Miami Branding Comparison Software 115

PYMNTS

NOVEMBER 5, 2018

To help improve the retail shopping and shipping experience, virtual reality (VR) and augmented reality (AR) is catching on with big-box retailers in the U.S. AR could be on the cusp of having its moment, as a large brick-and-mortar retailer has fresh plans to appeal to shoppers willing to test out the technology.

social media 152

social media Los Angeles Retail New York City 152

PYMNTS

APRIL 2, 2019

The physical footprint will always be a key pillar of our brand strategy, but to win and service customer in this space, you need to be online.”. billion by 2023. That’s why earlier this month, Heyday branched out into retail goods. It’s not an either/or – we see mutual growth and expansion across both channels,” Ross said.

Branding 118

Branding New York US Online 118

PYMNTS

FEBRUARY 19, 2020

Bottom line: Fraud losses are expected to hit $48 billion annually by 2023 – more than double the 2018 losses. Famous brands, including Greyhound Lines, weigh in on reducing friction and fraud in booking and payments (no easy feat), while we learn about the capture of Cardplanet scammer Aleksei Burkov. Sealing It.

Fraud 131

Fraud Pennsylvania Trends Security 131

PYMNTS

AUGUST 14, 2020

While the proposed FedNow system has a 2023-24 timeframe to implementation, a number of initiatives and use cases are being embraced right here and right now to move the needle on accelerating payments toward real-time ubiquity. What Overcoming Inertia Tells Us About The Future of Physical Retail.

Oklahoma 160

Oklahoma Google California United States 160

FICO

MAY 15, 2023

For its achievements, AGL won a 2023 FICO® Decisions Award for Debt Management. “In See all posts chevron_left Blog home expand_less Back to top Related posts Meet The 2023 FICO Decisions Awards Winners! Nikhil Behl Vice President of Worldwide Marketing for FICO.

Payments 52

Payments Video Customer Experience social media 52

Gonzobanker

NOVEMBER 16, 2023

Here are examples of how some organizations have made use of social media to achieve results: Increased brand awareness – Chime consistently posts a variety of content, and its Instagram profile, with the brand’s signature green theme and modern imagery, has amassed more than 933K followers. Yes, that’s a lot of Benjamins.

social media 97

social media Marketing Millennials Trends 97

PYMNTS

SEPTEMBER 17, 2019

Facebook has been working for years on augmented reality (AR) glasses, and it recently teamed up with Ray-Ban maker Luxottica to help prepare for a possible release between 2023 and 2025, according to a report by CNBC. Luxottica is the umbrella company that owns Ray-Ban, Oakley and a few other sunglasses brands.

Case Study 108

Case Study Florida Google Apple 108

PYMNTS

AUGUST 28, 2018

Tez — or Google Play in India — also will reportedly gain capabilities for online and offline retail after already being able to handle bank-based, bill and utility payments. India is expected to have a digital payments market worth $1 trillion by 2023, a figure that represents “five-fold” growth from now, according to an estimate.

Payments 100

Payments Google Retail United States 100

PYMNTS

SEPTEMBER 17, 2019

Muslim shoppers are a growing demographic in the fashion industry, and a recent study showed they are spending a lot of money — $270 billion in 2017, and that’s expected to go up to $361 billion by the year 2023. .

Study 100

Study Capital Branding Report 100

PYMNTS

OCTOBER 10, 2019

The latest PYMNTS Order to Eat Tracker highlights how several major brands are embracing (or resisting) third-party delivery services, new models and new ordering solutions in an effort to win over customers. Recent data indicates that consumers increased their spending on online food delivery in 2019 by almost 15 percent year over year.

Los Angeles 129

Los Angeles Branding Chicago User Experience 129

FICO

JUNE 15, 2023

Wed, 03/08/2023 - 22:14 jessica shortt by TJ Horan Vice President, Product Management expand_less Back to top Thu, 06/15/2023 - 15:05 As someone who has made a career in the payments industry, I feel a little weird making this bold statement: it has become too easy to send money to other people. Is Sending Money Too Simple?

Fraud 52

Fraud South Carolina Survey Management 52

PYMNTS

JANUARY 17, 2020

The latest issue involves eSports – one of the rising trends in digital commerce , and one of the ways through which some mall and brick-and-mortar operators hope to revive those retail properties. The issue isn’t really about brand-new taxes, but is about enforcing existing tax laws and applying them to eSports. billion in 2022.”.

Taxes 132

Taxes Online Policies Philadelphia 132

South State Correspondent

OCTOBER 28, 2022

Almost every bank and brand we spoke with will increase their investment in these two areas for 2023. While this trend has been significant for the last couple of years, we saw more and more banks (and brands) leveraging data to discover intent. Big Idea – Building a New Digital Retail Brand is Fool’s Gold.

Conference 195

Conference Technology Las Vegas Trends 195