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BIS: 20 Pct Of Population Will Access CBDCs By 2024

PYMNTS

The study found that central banks collectively representing a fifth of the global population will likely issue a general-purpose CBDC by 2024, according to BIS. Work on retail CBDCs has become more popular, with some banks narrowing their focus down to just retail, while others are doing both wholesale and retail.

Survey 257
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Beautycounter Embraces D2C Innovation With Purpose

PYMNTS

No matter how innovative they are, companies still need to get paid. And not many companies this year have combined business model creativity with payments innovation more than Beautycounter. We’ve listened to our community and their requests for different payment options – more and more retailers are offering this as an option.

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How Retailers Drive Innovation With Subscriptions (And Payments)

PYMNTS

Brick-and-mortar retailers, as well as online merchants, are offering consumers all sorts of products and services through the subscription business model, from movies to tea. It is estimated that by 2024, there will be one billion video streaming service subscribers worldwide. 12 on most major streaming platforms, per news in August.

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Why Brick-And-Mortar Merchants Are Tapping Into Unattended Retail

PYMNTS

To help meet customer expectations in the digital age, retailers have to know who their shoppers are and what they want. While eTailers already have this information about consumers, brick-and-mortar retailers don’t have this in-depth knowledge. They can also help capture the ages, genders and emotions (in some cases) of shoppers.

Retail 198
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As 5G Looms, Retail Possibilities Become More Clear

PYMNTS

Retailers surely have more than enough to worry about these days. For one, the pace of innovation keeps speeding up – and that holds true for all types of retail niches, from apparel to grocery to others. The emerging 5G technology has tremendous retail potential.

Retail 194
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LemonadeLXP wins inaugural Demo Challenge

BankInovation

Nine financial services technology startups showcased their latest innovations with technology leaders and executives at the March 19 event. NASHVILLE, Tenn. Digital banking service provider LemonadeLXP won the inaugural Demo Challenge at Bank Automation Summit U.S.

Nashville 111
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Innovating With eCommerce Wine Sales, Brick-and-Mortar C-Stores

PYMNTS

Brick-and-mortar retailers are bringing smaller-scale, cutting-edge technology to city locations. 23.4B: Projected value of the British to-go food market by 2024. Sainsbury’s , for instance, has unveiled a new C-store format in London called On The Go. 150M: Amount of revenue Wine.com topped last year.