PYMNTS

JULY 9, 2019

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. Fast on the horizon, of course, is the new mobile network technology called 5G. 5G Growth. 5G and AR.

Retail 194

Retail New York City Mobile Innovation 194

PYMNTS

APRIL 10, 2019

From CVS to T-Mobile , retailers and technology providers are catering to the trend of contactless payment acceptance with new solutions and methods of handling cards from customers. While the pharmacy retailer had slowly brought the functionality to its brick-and-mortar stores, the rollout was subsequently publicized.

Retail 259

Retail Payments Mobile Apple 259

BankInovation

MARCH 20, 2024

Nine financial services technology startups showcased their latest innovations with technology leaders and executives at the March 19 event. The Ottawa, Canada-based company provides custom technology learning modules for internal and external-facing capabilities, John Findlay, chief […]

Nashville 111

Nashville Digital Banking Innovation Technology 111

PYMNTS

OCTOBER 22, 2019

Direct-to-consumer (DTC) brands are aiming to make the chocolate industry more sustainable by cleaning up the supply chain with the help of blockchain technology. In retail, brick-and-mortar merchants and eCommerce firms are striving to offer compelling subscription offerings.

Retail 100

Retail Video Study blockchain 100

PYMNTS

APRIL 30, 2019

According to Will Byrne, CEO of Worldnet Payments , the kiosks and smart shelves that are gaining traction across any number of commerce and retail settings may even shift the employment picture a bit. The Changing Retail Footprint. As unattended retail notches an increasing footprint, said Byrne, other use cases will also emerge.

Retail 138

Retail Data Operations Payments 138

PYMNTS

MAY 10, 2017

While the retail point-of-sale (POS) terminals market is currently sitting at $15 billion, Global Market Insights is expecting it to reach $45 billion by the year 2024. To help combat these efforts and meet consumers preferred payment method demands, the retail POS terminal market will need to grow to bring down harmful actions.

Retail 120

Retail Marketing United States Fraud 120

BankInovation

JANUARY 17, 2024

Citizens Bank is looking toward AI and generative AI technology to improve operational efficiency and client experience.

Analytics 69

Analytics Data Operations Technology 69

Gonzobanker

JANUARY 4, 2024

In 2024, Smarter Banks will go on offense and differentiate with the customer experience. In the spirit of New Year’s resolutions, here are three ways “Smarter Banks” will flip the customer experience (CX) script in 2024. #1 2024 is an opportunity to go on offense and make CX a true point of competitive differentiation.

Customer Experience 134

Customer Experience Community Knowledge Base Tools 134

BankInovation

JANUARY 16, 2024

PNC Financial plans to spend $425 million this year on its ongoing improvement plan, which funds business and technology investments.

Operations 64

Operations Technology Retail 64

BankInovation

MARCH 4, 2024

Lloyds Bank is looking to invest in cybersecurity and technology related to insurance and regulatory monitoring in 2024 amid uncertain macroeconomic conditions. “I like regtech because it’s important to keep on innovating in that space,” Robin Scher, head of fintech investment at Lloyds Bank, said at FinovateEurope last week. “We

Innovation 71

Innovation Fintech Technology Retail 71

PYMNTS

FEBRUARY 17, 2020

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.

Innovation 160

Innovation Customer Experience Data Retail 160

BankInovation

FEBRUARY 28, 2024

National Bank of Canada focused on cost management and overall efficiency as it boosted tech spend and pulled back on headcount in the first quarter of 2024. 31 as the bank continued to invest in technology across […] Tech spend grew 3.6% year over year to $CA259 million ($190 million) for the quarter ended Jan.

National 66

National Management Technology Retail 66

PYMNTS

OCTOBER 16, 2019

Global payments solution SnapPay announced the rollout of facial recognition payment technology for North American merchants. SnapPay said the technology gives users greater convenience and security when shopping at mainstream retailers. or Canadian dollars. . or Canadian dollars. .

Payments 174

Payments Retail Mobile Analysis 174

BankInovation

FEBRUARY 1, 2024

ING Bank invested in its digital infrastructure in 2023 and expects to reap the benefits of those tech advancements in 2024 as the bank plans to spend less on technology this year.

Technology 64

Technology Retail 64

PYMNTS

OCTOBER 24, 2019

In other retail news, beacons are fueling commerce innovation as more retailers try to get more shoppers into stores. And new technological strategies, including exploring the potential of mobile point-of-sale (mPOS) systems to provide speedier in-house experiences, can help eateries better attract and retain customers.

Training 101

Training Retail Innovation Strategy 101

PYMNTS

AUGUST 9, 2019

Outdoor apparel retailers are reinventing their brick-and-mortar spaces to connect with customers by making stores into destinations that offer experiences. In the updated retail space, the company said, customers will “immediately feel The North Face heritage and experience the brand’s values.”

Retail 108

Retail New York City New York United States 108

PYMNTS

AUGUST 2, 2018

Retail is undergoing a reinvention with the rise of eCommerce, and merchants are trying new approaches to their brick-and-mortar stores. Overall, retailers such as Nordstrom are changing their models as an increasing amount of retail spend is now being completed away from physical retail stores. Retail spending saw a 1.6

Retail 102

Retail Marketing Los Angeles Online 102

PYMNTS

OCTOBER 7, 2020

Plus, the Abu Dhabi Investment Authority (ADIA) is investing roughly $750 million in Reliance Retail Ventures Ltd. In addition, the Razer Card will showcase contactless payment technology that enables cardholders to tap to pay. percent share of Reliance Retail. through March 2024.

Puerto Rico 141

Puerto Rico Cards Fintech Payments 141

PYMNTS

JANUARY 12, 2021

As PYMNTS has reported, consumer expectations and retail commerce have both evolved quickly to meet the demand that everything from credit to debit cards to digital wallets be on offer as payments choice. Technology brings the concept of flexible payments into reality. Flexibility Is Key. PaaS could be worth as much as $16.7

Payments 260

Payments Compliance Technology Taxes 260

PYMNTS

JUNE 14, 2018

Sizzle of the Week: Retail’s 2018 Rebound. Retail has had a rough couple of years, as most players that aren’t Amazon have struggled to cross the digital, omnichannel chasm. On the whole, with some notable exceptions, retail has landed on our Fizzle list more often than the Sizzle list in recent memory. Retail sales are up 5.9

Retail 108

Retail Bitcoin Course America 108

PYMNTS

NOVEMBER 18, 2020

The workers can then use these cards to make retail payments in-stores and online, as well as collect cash at the ATM. Distributed ledger technologies (DLT) could also play a greater role in supporting businesses that want to deliver funds across borders to their workers. How Mobile Apps Are Easing Retail Payments In India.

Mobile 220

Mobile Payments Cards Retail 220

PYMNTS

JULY 13, 2020

The greatest health crisis in a generation is poised to accelerate innovation at the intersection of healthcare , technology and payments as never before. We’re not in retail healthcare,” Walmart senior director of strategy and customer experience for health and wellness Matt Parry told MedCityNews. We’re in healthcare.

Retail 219

Retail Innovation Online Seattle 219

PYMNTS

OCTOBER 23, 2019

As more retailers try to get more shoppers into their stores – not everything is about eCommerce, after all – new technologies are playing a big role. That technology promises to play a bigger role this holiday shopping season, according to an analysis. That includes beacons. There’s really no reason for beacons to be hidden.

Innovation 101

Innovation Mobile Retail Regional 101

PYMNTS

APRIL 15, 2019

To help build customer loyalty, eCommerce and brick-and-mortar retailers have a myriad of tools on hand: Cashiers can sign customers up for loyalty cards at brick-and-mortar stores, and eCommerce sites can send customers special offers and coupons by email. We love shrinking down, and bringing the design and technology a whole new flavor.

San Francisco 130

San Francisco Retail System New Jersey 130

Perficient

FEBRUARY 2, 2023

A biometric payment is a point-of-sale technology that authenticates payments by pairing a payment card with a physical identifier of the cardholder. The Mastercard’s pilot biometric technology , on the other hand, if widely adopted, would require more intensive widespread hardware and software updates. million in 2024.

Industry 471

Industry Trends social media Payments 471

PYMNTS

NOVEMBER 19, 2020

consumers now make purchases within retailer apps — a significant jump from the 21 percent who did so pre-pandemic. And 88 percent said they’d had a “consistently positive user experience” with NFC contactless technologies. Mobile wallet transaction value could exceed $1 trillion by 2024.

Google 254

Google Mobile Apple Survey 254

PYMNTS

DECEMBER 6, 2019

The investments represent a key component of the firms’ business models, enabled by AI and other advanced technologies, as shown in the latest Order to Eat Tracker. Data: 10%: Share of Wendy’s total top line projected to originate from digital orders by 2024. 25%: Year-over-year growth in Dunkin’s on-the-go mobile order volume.

Mobile 133

Mobile Data Technology Marketing 133

PYMNTS

MARCH 20, 2019

Cash may never really die, but that doesn’t mean speed enabled by digital technology isn’t playing a varied role in payment change and innovation. And new technologies deployed to what often amounts to the back corners of payments and commerce also promise future innovation. . Data: 66 percent: The approximate amount of U.K.

Payments 134

Payments Innovation Software Data 134

PYMNTS

JANUARY 9, 2020

“We have enjoyed getting to know and work with the teams at Temasek, Lakestar and Salesforce Ventures, and believe they are the perfect partners to help as we continue to expand and grow our business, technology and client base globally,” said Greg Cross, co-founder and chief business officer of Soul Machines. “We

Customer Experience 130

Customer Experience Technology Branding Retail 130

PYMNTS

FEBRUARY 14, 2020

Brick-and-mortar retailers are opening smaller-scale locations packed with technology designed to meet the needs of shoppers in cities. The retailer said that “almost 90%” of the selections in the store were chosen to meet the needs of Mansion House customers. billion by 2024 from £18.5 billion last year per IGD.

Miami 130

Miami United States New York City Retail 130

PYMNTS

OCTOBER 28, 2019

Digital technology is changing the way consumers order food and is changing how shippers transport items. Mobile order-ahead technology is in use at sporting and event venues, so that spectators don’t have to wait in long concession lines. 3.4T: Anticipated value of the global mobile payment technology market by 2024.

Mobile 101

Mobile Community Data Technology 101

PYMNTS

JANUARY 12, 2021

As PYMNTS has reported, consumer expectations and retail commerce have both evolved quickly to meet the demand that everything from credit to debit cards to digital wallets be on offer as payments choice. Technology brings the concept of flexible payments into reality. Flexibility is Key. PaaS could be worth as much as $16.7

Payments 153

Payments Compliance Technology Taxes 153

PYMNTS

OCTOBER 25, 2019

One of the latest retail-related trends is “crowdshipping,” i.e. crowdsourced delivery. The total transaction value of the fast-growing online payments industry for all products is set to surpass $6 trillion by 2024, according to our Payments and the Platform Economy Playbook. But it’s a concept that just might have legs.

Retail 116

Retail National Mobile Security 116

PYMNTS

OCTOBER 11, 2019

Great news for innovative retailers. The self-checkout system market is expected to increase from its current value of $2 billion to more than $4 billion by 2024, according to a new study. Labor laws were the impetus for French grocery conglomerates Casino Guichard Perrachon and Carrefour to begin experimenting with automated retail.

Retail 117

Retail Study Minnesota Video 117

PYMNTS

MARCH 6, 2020

The Global System for Mobile Communications (GSMA) released a report that said 5G telecommunications technology will contribute $2.2 trillion to the worldwide economy between the years 2024 and 2034, according to a report by TechRepublic. Interest in the new technology is expected to continue, especially for manufacturers.

Report 138

Report Mobile Analytics America 138

PYMNTS

FEBRUARY 4, 2019

To serve customers who want to shop in stores and online, retailers and solution providers are working to offer a unified retail experience across multiple channels. According to the latest PYMNTS mPOS Tracker , almost two thirds – or 63 percent – of retailers plan to offer this option within the next three years. Roche Bros.

Innovation 126

Innovation Retail Mobile Massachusetts 126

PYMNTS

DECEMBER 31, 2020

FIs can get even more holistic views by examining consumers’ interactions with specific entities or technologies, such as ATMs. Online retailers that adopt this security measure can enable debit issuers to review numerous customer data points during users’ site visits and purchasing journeys. 3D Secure 2.0

Fraud 273

Fraud Strategy Security Cards 273