PYMNTS

FEBRUARY 17, 2020

To provide consumers with the curation of a subscription box or the flexibility of a rental platform, digital innovators are tapping into the subscription business model. From Banana Republic to Black Box Record Club, eTailers and brick-and-mortar retailers are offering consumers the opportunity to subscribe to products and/or services.

Innovation 144

Innovation Apple Retail Exercises 144

PYMNTS

JULY 12, 2019

And, in retail, sellers of health and beauty products are very prepared to embrace innovation in comparison to healthcare service providers. percent: Portion of consumer services firms that consider innovation crucial to their survival. $35 35 B: Expected value of the global call center software market by 2025.

Customer Experience 190

Customer Experience Data Comparison Innovation 190

PYMNTS

JULY 22, 2020

Goldman Sachs also noted that eCommerce penetration rose to more than 40 percent in May from 16 percent of retail spending domestically in the first quarter of 2019. In separate news, a JLL report found that the country will require a further 1 billion square feet in warehouse space by 2025 because of the quick expansion of online shopping.

United States 260

United States Retail Maine Online 260

PYMNTS

MARCH 25, 2019

534 billion: Projected value of the IoT healthcare market by 2025. . $500 billion: Annual sales from fake fashion items and accessories. 35 billion: Estimated number of connected IoT devices in use by 2020.

Innovation 148

Innovation Fraud Regulation Data 148

NCR

AUGUST 10, 2017

This tech-driven transformation of the payments and retail sectors is set to continue, so what impact could the most cutting-edge innovations have in the years to come? billion by 2025. They could also give retailers greater access to customer data and preferences, leading to more relevant services and recommendations.

Industry 75

Industry Retail Innovation Payments 75

PYMNTS

OCTOBER 8, 2019

The two sides just announced an extension of their deal to the 2024-2025 season that’s reportedly worth $1.5 These moves come amid a push by China to encourage more cross-border commerce and retail. Earlier this month, Alibaba announced a deal to buy NetEase’s cross-border retail platform Kaola for $2 billion.

Retail 116

Retail Houston Online Leadership 116

PYMNTS

JULY 10, 2019

And, in digital innovation news, the automated retail landscape in the U.S. billion: Expected value of the mPOS market by 2025. billion: Expected value of the mPOS market by 2025. Some firms say they expect their suppliers to accept late payments because they’re important customers. All this, Today in Data.

Company 116

Company Data Innovation Retail 116

PYMNTS

MARCH 22, 2019

Faster payments is starting to make a splash in healthcare — thought as one source cautions, innovation in B2B payments is about more than “getting faster.” billion: Estimated size of the eCigarette market by 2025. billion: Estimated size of the eCigarette market by 2025.

Payments 115

Payments Software Meeting Innovation 115

PYMNTS

SEPTEMBER 23, 2020

Amazon has teamed with third-party certifications such as the Cradle to Cradle Products Innovation Institute. The retailer noted in the announcement that “Cradle to Cradle Certified products are safe, sustainable products made to support a circular economy.”.

Retail 131

Retail National Innovation Data 131

PYMNTS

SEPTEMBER 27, 2019

Brick-and-mortar retailers are expanding their efforts to provide customers with health and wellness services while taking steps to train their employees for healthcare roles. said in the announcement about the offering, “Walmart aims to be the market leader in providing retail workers a path to careers in growing fields like healthcare.

Branding 101

Branding Retail North Carolina Georgia 101

PYMNTS

AUGUST 22, 2018

We operate the only truly global luxury digital marketplace at scale, seamlessly connecting brands, retailers and consumers. We are redefining how fashion is bought and sold through technology, data and innovation.”. Citing Bain again, a fair chunk at 9 percent of the market, to rise to 25 percent by 2025.

Online 101

Online Retail Branding Data 101

PYMNTS

APRIL 14, 2020

COVID-19 could mark the true rise of the robots in retail. After seeing an initial crash due to unprecedented demand when the COVID-19 crisis hit, the retailer is now using robots to pick and pack customer orders. consumers showed a negative stance toward robots at retail, but it will be interesting to see if that changes post-COVID.

San Francisco 278

San Francisco Retail Examples Mobile 278

Bank Innovation

OCTOBER 31, 2019

Digital financial services from lending to asset management are expected to generate at least $38 billion of annual revenue across Southeast Asia by 2025, more than tripling from $11 billion in 2019, according to a new study by Bain & Co., Google and Temasek Holdings Pte.

Study 186

Study Lending Google Online 186

PYMNTS

NOVEMBER 15, 2019

For more than 30 years, NEN has grown its business by bringing the best service and most innovative amusement machines to our customers, while keeping pace with the changing needs and preferences of consumers,” said Jim Sevalt, president and chief operating officer of NEN. NEN already uses the payments solution on 400 of its machines.

Puerto Rico 152

Puerto Rico Payments Colorado Florida 152

PYMNTS

SEPTEMBER 2, 2020

Consumers are showing little interest in returning to in-store shopping six months into the pandemic, leading retailers around the globe to double down on their digital capabilities to convert these new digital-first shoppers. percent through 2025, when it is expected to total $42.9

Washington 188

Washington Report Payments Resources 188

PYMNTS

SEPTEMBER 23, 2019

Grocery shopping is getting much, much smarter as the pace of innovation heats up. 51 percent: Estimated CAGR of global SMB online platform market through 2025. 51 percent: Estimated CAGR of global SMB online platform market through 2025. So are mundane, often frustrating tasks, such as moving. 9 percent: Share of annual U.K.

How To 122

How To Video Fraud Payments 122

PYMNTS

MARCH 12, 2018

Artificial intelligence (AI) is making itself right at home in the retail industry. In 2016, AI in the retail market totaled $712.6 By 2025 — less than a decade later — it’s projected to reach $27,238.6 million — a 38-fold increase — according to a February 2018 report by The Insight Partners. Why such an astronomical increase?

Customer Experience 144

Customer Experience Retail Analytics Technology 144

PYMNTS

APRIL 8, 2016

Ever since the rise of urban foodie culture in the mid-2000s, there have been isolated contingents of shoppers demanding that their chosen grocery retailers shift to a more conscientious manner of sourcing their products. This has remained something of a niche movement until recently, and Walmart just pushed it into the mainstream for good.

Retail 100

Retail Groups Innovation 100

PYMNTS

JANUARY 24, 2020

Pine Labs, which started as a retail payment provider about 10 years ago, has grown into a payment acceptance, stored value and in-store customer credit company. This offers enormous potential for merchants, brand owners and financial institutions to drive innovations that maximize flexibility and choice for consumers,” the release stated.

Payments 152

Payments Innovation Study Meeting 152

PYMNTS

JANUARY 22, 2018

More important, perhaps, than the innovations they made on behalf of their more famous lead players, was how their contributions accelerated those innovations’ time to market. Innovation in payments and commerce has an unsung hero, too. And who will influence how innovation happens.

Innovation 135

Innovation Online Branding El Paso 135

PYMNTS

AUGUST 14, 2020

Jumia is reportedly viewed as an innovator in eCommerce in sub-Saharan Africa. As of January of 2020, the internet and smartphone penetration rates in Africa were estimated to be well above half by 2025 and increasing, as they are fueled by tailwinds creating an environment for digitalization around the world.

Regional 253

Regional Online Innovation Marketing 253

PYMNTS

OCTOBER 4, 2019

And, in retail, delivery platforms are working with merchants beyond restaurants, while consumers are clamoring for “clean” skincare products. 80 percent: Anticipated growth rate of the restaurant industry’s off-premise spending by 2025. 80 percent: Anticipated growth rate of the restaurant industry’s off-premise spending by 2025.

Fraud 116

Fraud Digital Banking Data Retail 116

PYMNTS

AUGUST 19, 2020

Consumers are accustomed to using digital payment methods to make retail purchases. This manual system has been a source of frustration for both workers and their employers for years, but the pandemic has exacerbated the systems’ deeper flaws and served as a catalyst for a wave of spend ma nagement innovation. About The Playbook.

Cards 233

Cards Exercises United States System 233

PYMNTS

OCTOBER 7, 2020

We’re continuing our breakfast innovation by adding tasty new sweet options with our new McCafé Bakery lineup. McDonald’s later pivoted to healthier offerings, announcing in 2015 that it was committed to sourcing 100 percent cage-free eggs by 2025. That will all change on Oct.

Innovation 168

Innovation Apple National Strategy 168

PYMNTS

DECEMBER 6, 2018

“Visa has strategically positioned itself at the center of football and these events will further exemplify the unique experiences only Visa can provide to fans across the globe,” said Chris Curtin, chief brand and innovation marketing officer at Visa, in the press release.

National 115

National Regional Innovation Payments 115

PYMNTS

JULY 7, 2020

and European automobile “sales” by 2025. We are constantly looking at new and innovative ways to deliver the best solutions for our customers, and adding the Pivotal subscription service to our portfolio is the latest in a line of new services that put our customers’ needs first.”

Management 191

Management Branding Innovation Retail 191

PYMNTS

FEBRUARY 28, 2020

To paraphrase Shakespeare, there’s nothing new under the sun when it comes to retail. But in terms of commitment and loyalty program innovation, the plan is a bold move, competitively sound and bound to cause some reactions from other quick-service restaurants (QSRs), mainly Starbucks and Peet’s. 27) and will cost $8.99

Retail 151

Retail Maine Policies Course 151

Chris Skinner

FEBRUARY 3, 2017

Snyder, chief innovation officer at venture capitalist firm Safeguard Scientifics and a senior fellow at Wharton’s Mack Institute for Innovation Management. million banking jobs by 2025. It should be publishing informed insights but this post was more of a headline grabber from Scott A.

Innovation 150

Innovation Millennials ATM Data 150

PYMNTS

OCTOBER 28, 2020

This state of affairs is forcing not only retailers but also their own business partners to reassess the digital capabilities they quickly adopted in spring, with many beginning to question the implications of these capabilities on their long-term sustainability and growth potential. percent until 2025, when it is poised to reach $42.9

Payments 257

Payments Report Operations United States 257

PYMNTS

APRIL 8, 2019

Brick-and-mortar pharmacy retailers are taking new approaches to delivery in the omnichannel age: CVS Pharmacy , for instance, is doubling down its on-demand offerings with a faster and expanded option. Even so, nearly a third — or 32 percent — of consumers were unaware of a mobile app by that kind of retailer. New Products.

Retail 152

Retail Oregon New Mexico Mobile 152

PYMNTS

JULY 24, 2019

billion IoT devices by 2025, up from 7 billion in 2018. In the July Intelligence of Things Tracker™ , PYMNTS explores the latest news in IoT, including partnerships, innovations, security risks, and oversight from world governments. Despite IoT’s popularity, however, security a nd privacy issues continue to make headlines.

Security 172

Security Regulation Industry Study 172

Bobsguide

MARCH 28, 2022

The research canvassed the opinions of 1,600 senior industry executives, exploring the opportunities presented by Banking as a Service (BaaS) – to provide retail or wholesale banking products and services to customers in context, as a service, using an existing licensed institution’s secure, regulated infrastructure with modern API-driven platforms.

Innovation 60

Innovation Lending social media Retail 60

PYMNTS

OCTOBER 15, 2020

The SWIFT network, for example, began collaborating with Microsoft and BNY Mellon to institute cloud-based cross-border payments , allowing banks to move away from correspondent banking and improve the payments experiences of their corporate and retail customers. Standard Chartered expects this process to be complete by 2025.

Payments 228

Payments Report Study Security 228

PYMNTS

OCTOBER 26, 2018

100 billion: Estimated projected value of online grocery by 2025. The trouble with a fast-moving train, however, is that jumping on and holding on can be tricky – and consumers and businesses can sometime struggle to be fully aware and caught up on those advances. trillion: Value of Visa’s Q4 total payments volume.

Training 135

Training Data Payments Online 135

Accenture

OCTOBER 18, 2019

Based on our research, IIF payments are likely to shrink the payments revenue pool by 15 percent by 2025—in other words, a big threat to established players. trillion market by 2025. To counter the twin threats of price compression and aggressive new entrants, incumbent banks must focus on a two-fold response.

Industry 150

Industry Payments Survey User Experience 150

PYMNTS

OCTOBER 5, 2018

This trend happens as activity around AR heats up, with major players in the digital economy apparently positioning themselves to profit as the retail-friendly tech move every closer to mainstream popularity. billion of retail annually by 2025, fueled by the shopping habits of some 32 million consumers.

Apple 197

Apple Colorado Capital America 197

PYMNTS

JULY 28, 2019

Supermarket giant Kroger and online grocery retailer Ocado are joining forces to build the second of 20 planned automated warehouse facilities. The two companies have broken ground on what they call America’s second “customer fulfillment center” (CFC), located in Groveland, FL, according to a press release.

Florida 129

Florida Customer Experience Mobile Cards 129