PYMNTS

JULY 5, 2020

The Indonesian eCommerce retailer backed by SoftBank Group Corp. ’s the Chinese multinational technology company specializing in eCommerce, retail, Internet, and technology, led a $1.1 We see our mission, to make it easy to do business anywhere, reflected in Tokopedia’s journey,” said Finance Manager Kenny Ho at Alibaba at the time.

Google 264

Google Regional Retail Groups 264

PYMNTS

MAY 19, 2020

CEO Michelle Gass said in a Tuesday (May 19) first-quarter earnings call with analysts that the retailer amplified its digital marketing efforts and revised its online site content. The retail executive said home was the most formidable category, with digital sales rocketing over 50 percent for the quarter. billion and $1.75.

Retail 235

Retail National Report Capital 235

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

OCTOBER 22, 2020

Online clothing retailer ThredUP has filed confidentially for an initial public offering (IPO) in the U.S., Another used clothing retailer, Poshmark , also recently filed for IPO, after delaying that move for around a year to focus on growing sales and boosting its business. Bloomberg reports.

Oakland 222

Oakland California Retail Strategy 222

PYMNTS

OCTOBER 8, 2019

The move comes after the general manager of that U.S.-based 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. China’s Commerce Push.

Retail 116

Retail Houston Online Leadership 116

PYMNTS

JANUARY 18, 2021

The integration is slated to give JioMart control of India’s retail market, which is estimated to reach $1.3 trillion by 2025. Reliance Retail will then pose a formidable challenge to Flipkart and Amazon for eCommerce domination in the country. “It The JioMart integration is essentially adding a retail layer for WhatsApp chats.

Retail 141

Retail Video Marketing System 141

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

PYMNTS

FEBRUARY 25, 2020

“The range of solutions introduced in India will bring together Shell’s global experience and cutting-edge technology to offer a distinctive ‘Shell advantage’ to Indian fleet owners,” said Parminder Kohli, general manager of business development, marketing and operations for fleet solutions at Shell. . percent by 2025.

Cards 159

Cards Fraud Operations Management 159

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. The retailer’s 1.5 On another note, Best Buy is seeking revenue of $50 billion by fiscal 2025. million U.S. billion to $43.6 billion for fiscal 2020.

Branding 101

Branding Retail North Carolina Georgia 101

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. The trouble then becomes how to maintain and manage payment systems that use multiple payments integrations at once.

Washington 188

Washington Report Payments Resources 188

PYMNTS

JANUARY 18, 2021

Last week, Grab announced that its Grab Financial Group had raised $300 million in a Series A funding round led by Hanwha Asset Management and joined by K3 Ventures , GGV Capital , Arbor Ventures and Flourish Ventures. Founded in Malaysia in 2012, Grab is also known for its popular ridesharing and delivery services.

Fintech 198

Fintech US Groups Management 198

PYMNTS

OCTOBER 2, 2020

And in innovation, Banking-as-a-Service (BaaS) is making it simpler for companies and FinTechs to create functions for sending and receiving payments in addition to managing banking data. Data: $86B: Estimated spend on in-car commerce by 2025. All this, Today in Data. 25%: Share of U.S.

Innovation 167

Innovation Digital Banking Data Fintech 167

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

JUNE 22, 2020

The ABL facility, which takes the place of the retailer’s existing unsecured revolving credit facility, expires in June of 2023, according to a statement. The retailer said it has put measures into place to make its financial position and liquidity more formidable amid the challenge of the coronavirus pandemic. billion credit facility.

Retail 141

Retail Capital Security Meeting 141

PYMNTS

NOVEMBER 28, 2018

“Simultaneously connecting these major mobile barcode payments with the largest pharmacy chain in Japan is an exciting opportunity for InComm and Welcia’s customers,” Takumaro Arai, vice president and general manager of InComm Japan, said in a press release. Installing InComm Japan’s highly reliable mobile payment system helped us do that.

Payments 211

Payments Mobile Regional Retail 211

PYMNTS

NOVEMBER 15, 2019

Headquartered in Broomfield, Colorado, NEN is a front-end retail and entertainment vending company operating more than 50,000 amusement devices. The company has skill cranes, kiddie rides and video game kiosks in over 18,000 retail and restaurant locations in the U.S. and Puerto Rico.

Puerto Rico 152

Puerto Rico Payments Colorado Florida 152

PYMNTS

NOVEMBER 26, 2019

notched another quarter of rising sales and management provided a more upbeat forecast for the important holiday season than it did over the summer. The retailer reduced its sales as well as profit targets in August, noting the impact of U.S. With a boost from eCommerce orders, Best Buy Co. Its comp sales increased 1.7 billion to $43.6

Report 151

Report Online United States Retail 151

PYMNTS

SEPTEMBER 23, 2019

Meanwhile, better spend management is doing wonders in other parts of the economy, B2B is getting more integrated and fraud prevention is getting more robust. 51 percent: Estimated CAGR of global SMB online platform market through 2025. 51 percent: Estimated CAGR of global SMB online platform market through 2025.

How To 122

How To Video Fraud Payments 122

PYMNTS

NOVEMBER 15, 2018

Standard Cognition , which provides AI-powered autonomous checkout solutions for brick-and-mortar retailers, announced it has raised $40 million in Series A funding, bringing its total amount raised to more than $51 million. We can’t wait to execute on this next stage of Standard’s growth.”.

San Francisco 135

San Francisco Retail Capital America 135

PYMNTS

APRIL 23, 2019

And in retail, Dunkin’ and Starbucks are revamping their reward programs. 23 billion: Expected value of the identity and access management technologies market by 2025. 23 billion: Expected value of the identity and access management technologies market by 2025. All this, Today In Data.

Security 100

Security Survey Data Mobile 100

PYMNTS

JULY 7, 2020

and European automobile “sales” by 2025. Rawdon Glover , managing director of Jaguar Land Rover UK, said in a prepared statement: “The future of mobility has never been more in the spotlight, and our customers are increasingly looking for more flexibility in the way they interact with us. .”

Management 191

Management Branding Innovation Retail 191

PYMNTS

AUGUST 19, 2020

Consumers are accustomed to using digital payment methods to make retail purchases. Virtual cards are emerging as one of many digital payments solutions gaining traction in this digital-first ecosystem, with studies suggesting that the global virtual card market could triple in size by 2025.

Cards 233

Cards Exercises United States System 233

PYMNTS

JANUARY 31, 2019

Central Group, Thailand’s largest retailer, confirmed Thursday (January 31) that it is investing $200 million in a unit of Grab, the Southeast Asia ride-hailing startup. According to Reuters , citing a statement by Central Group, the retailer said it will “acquire a significant non-controlling stake” in the Thailand unit of Grab.

Groups 108

Groups Capital Conference Retail 108

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

South State Correspondent

OCTOBER 25, 2023

The rise of card-not-present transactions for phone and then e-commerce, starting in 1994, cannibalized check volume, as did Paypal, retail ACH for phone and internet transactions in 1998. Households and merchants must receive, verify, manage, transport, secure check stock, and deposit checks.

Fraud 195

Fraud ATM Payments Management 195

PYMNTS

OCTOBER 1, 2020

By 2025, it is estimated that $86 billion will be spent on in-car commerce. He or she would enter the geolocations planned for the day, including any toll roads, key fuel retailers and any restaurants or retailers. The idea was to make payment management of fleet vehicles simpler,” said Pratz. It could happen.

San Francisco 159

San Francisco California System Cards 159

PYMNTS

APRIL 2, 2020

billion by 2025, with banks of all sizes leveraging such capabilities. It is key to risk management functions, which entail assessing the likelihood that any given transaction could be fraudulent or present a credit risk. One of the most powerful tools in the financial sector is data analytics. Data Analytics Behind the Scenes.

Analytics 237

Analytics Data Big Data social media 237

PYMNTS

SEPTEMBER 15, 2020

Amplify ETFs CEO Christian Magoon, who runs the Amplify Online Retail ETF (IBUY), expects to see current Walmart customers sign up, rather than current Prime users making the switch or adding another membership program. So, maybe Walmart+ hasn’t hatched its service as an Amazon-killer. Maybe it’s an Amazon competitive placeholder.

Branding 151

Branding Retail Online Video 151

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

FEBRUARY 27, 2019

Faster payment schemes are advancing worldwide, with the global real-time payments market expected to increase at a compound annual growth rate (CAGR) of 32 percent between 2019 and 2025. As real-time payment schemes spread worldwide, stakeholders need to examine the impact these rails will have on their risk management strategies.

Nebraska 144

Nebraska Risk Management Apple Payments 144

Cisco

SEPTEMBER 7, 2022

That’s an important distinction since meeting consumer expectations is core to the growth strategy for retail and commercial financial institutions. Customer Interaction Management (CIM) describes the part of this infrastructure that enables managing customer interactions across delivery channels and customer journey stages.

Meeting 107

Meeting Examples Mobile Innovation 107

PYMNTS

NOVEMBER 6, 2019

“A company’s biggest fear is that once they establish a commerce-type relationship, they can’t maintain the end-user, and they leave the ecosystem because they now have a direct relationship with the seller,” Matt Loos, a managing director in JPMorgan’s global payment strategy and product group, told the news outlet. .

New York 103

New York Payments Fintech Report 103

PYMNTS

NOVEMBER 6, 2019

“A company’s biggest fear is that once they establish a commerce-type relationship, they can’t maintain the end-user, and they leave the ecosystem because they now have a direct relationship with the seller,” Matt Loos, a managing director in JPMorgan’s global payment strategy and product group, told the news outlet. .

New York 101

New York Payments Fintech Report 101

PYMNTS

JULY 9, 2019

Those three words strike at the heart of identity, and mean so very much when it comes to the efficient operation of the global digital economy and its continuing growth, whether via retail, payments, financial services, healthcare or other areas.

Security 191

Security Online Fraud Samsung 191

PYMNTS

MARCH 21, 2019

To dig deeper into the ongoing changes, PYMNTS caught up with Reinhard Hochrieser, director of product management at Jumio , an authentication services provider. billion by 2025, experiencing a compound annual growth rate (CAGR) of nearly 24 percent, according to one report. This will have a huge impact,” Hochrieser told PYMNTS. “It

Online 152

Online Retail Regulation Trends 152

NCR

JANUARY 16, 2017

Today’s retail banking market is undergoing a hugely exciting – if challenging – transformation. All of this means that firms in the retail banking sector will have to radically rethink their business model in order to meet these demands and provide the level of service their customers expect.

Trends 40

Trends Retail Customer Experience Resources 40

PYMNTS

OCTOBER 24, 2018

By 2020, 30 billion Intelligence of Things (IoT) devices are expected to be connected worldwide — a figure anticipated to skyrocket to 100 billion by 2025. As the number of IoT devices grow, the security risks will only become more impactful.

Trends 119

Trends Security Data Retail 119