PYMNTS

JUNE 12, 2019

In B2B news, Visa is launching an end-to-end payments network called Visa B2B Connect , which is built on elements of distributed ledger technology and the open-source Hyperledger Fabric framework. And, in retail, firms from automakers to merchants are tapping into connected commerce technology. All this, Today In Data.

Security 148

Security Millennials Data Retail 148

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 the multinational internet technology company headquartered in Beijing. Google and Temasek Holdings Private Ltd. , Microsoft Corp.

Google 264

Google Regional Retail Groups 264

PYMNTS

MARCH 17, 2020

retail economy is unprecedented. What are some of the retailing changes that could last beyond the end of the coronavirus crisis? Contactless payments, however, will fit nicely into what will be a need to have low-touch or no-touch retailing experiences. They want contactless payment technology. So what sticks?

Retail 134

Retail Seattle Comparison Trends 134

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 First, there’s the growth of the mobile market. Why such an astronomical increase?

Customer Experience 144

Customer Experience Retail Analytics Technology 144

PYMNTS

AUGUST 22, 2018

As the company claims in the F-1: “Farfetch is the leading technology platform for the global luxury fashion industry. 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.”.

Online 101

Online Retail Branding Data 101

PYMNTS

DECEMBER 26, 2019

In an email to merchants, the company said the reason is a change in retail strategy, and the site will merge with SpeedLvn, which retails products sold at Lotte’s physical stores. The move is indicative of the trend toward “new retail,” which is the blending of eCommerce and traditional retail.

Retail 130

Retail Groups Maine Google 130

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. 35 B: Expected value of the global call center software market by 2025. 35 B: Expected value of the global call center software market by 2025. All This, Today In Data.

Customer Experience 190

Customer Experience Data Comparison Innovation 190

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

NOVEMBER 15, 2019

Cashless payments firm USA Technologies (USAT) is expanding its partnership with amusement kiosk operator National Entertainment Network (NEN) to bring expanded cashless payment options to more vending machines and devices, the companies announced in a press release on Friday (Nov. and Puerto Rico.

Puerto Rico 152

Puerto Rico Payments Colorado Florida 152

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

AUGUST 14, 2020

As the coronavirus has led to greater popularity of eCommerce deliveries, Jumia Technologies AG is encountering new rivalry from upstarts in the online shopping and transportation space in Africa. I would rather grow the market than just try to take everything,” the executive said.

Regional 253

Regional Online Innovation Marketing 253

PYMNTS

FEBRUARY 29, 2016

Recent data indicate that in the not-so-distant future, the retail marketplace will be employing far, far fewer people — if you live in the U.K. As of right now, retail employs about one-sixth of retail workers — or around 3 million people. These are the valleys to cross and the path through them needs to be charted with care.”.

Retail 100

Retail National Industry Survey 100

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

APRIL 19, 2019

In a press release issued Thursday (April 18), Hypur said its payments technology enables business, retail and online transactions for merchants in the hemp and CBD markets in the U.S. its CBD market is also experiencing significant growth. Galvin, CEO of Hypur, said in a statement. Research from Cowen & Co.

Payments 173

Payments Industry Online Security 173

PYMNTS

OCTOBER 28, 2020

Many of those who are still employed continue to work remotely from home, making it abundantly clear that the digital-first market that has emerged since the pandemic’s outset will likely persist for the foreseeable future. percent until 2025, when it is poised to reach $42.9

Payments 257

Payments Report Operations United States 257

PYMNTS

JULY 11, 2019

Representatives for the retailer say that once an order of 15 items or less is placed it will be available for pickup within four hours. The move comes as more and more retailers are offering eCommerce options to consumers, whose shopping habits are evolving. Orders for same-day pickup, however, are limited to 15 items.

US 101

US United States Retail Online 101

PYMNTS

NOVEMBER 20, 2020

Wearable device sales have shot up at least 30 percent this year as consumers looked to technology to help them monitor their health during the ongoing global pandemic, according to a top Samsung executive. Samsung will continue to invest in these advanced technologies.”.

Samsung 150

Samsung Apple Google Analytics 150

PYMNTS

OCTOBER 5, 2018

One of the new realities of augmented reality is this: the technology is attracting more investment from China than from sources in North America. According Digi-Capital , which tracks AR investments, China-based funding for augmented reality and computer vision technologies hit $3.9

Apple 197

Apple Colorado Capital America 197

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

JUNE 12, 2018

Borrowing from the strategy of fast food restaurants, Dine Brands is working on a new order-ahead technology. Dine Brands, which oversees IHOP and Applebee’s Grill & Bar , is developing and experimenting with the technology, as same-store sales at Applebee’s locations in the U.S. have declined over in the last two years.

Branding 122

Branding New York Technology Study 122

PYMNTS

JULY 30, 2020

Pre-pandemic, the company projected that online grocery delivery would hit around $20 billion around 2025. Our whole strategy revolves around how we take technology and human connections to create an amazing experience. Fruit is very clear with retail partners that anonymous customer data will be shared with that retailer only.

Retail 199

Retail US Strategy Company 199

PYMNTS

FEBRUARY 1, 2018

Online marketplace Farfetch is planning to launch new mobile technology that will allow shoppers to flag items with their phones as they shop in stores. Retail shops still operate in the 80s.”. China is one of Farfetch’s fastest growing markets. We think it’s a tremendous opportunity and it’s actually inevitable.

Mobile 100

Mobile Retail Branding Study 100

PYMNTS

NOVEMBER 8, 2016

So where to next for the omnichannel retail giant? The move comes as part of a larger targeting of Southeast Asian markets, according to TechCrunch , starting with beginning selected regional services in Singapore in the first quarter of 2017. But Amazon isn’t waiting until 2025, or even 2020. Singapore, it turns out.

Regional 148

Regional New York City National Google 148

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

JULY 7, 2020

The Southeast Asian country’s national tax office announced it will impose a 10 percent value-added tax (VAT) on foreign global technology companies as the nation looks for ways to defray the costs of battling the economic effects of the COVID-19 pandemic, Reuters reported. The country’s total budget for 2020 is $177.6

Taxes 141

Taxes Google Seattle National 141

PYMNTS

DECEMBER 6, 2018

Financial technology providers are partnering up to offer expanded mPOS capabilities to merchants, which are looking for tools to avoid long checkout lines. charitable giving market come from online donations , and the canned tuna industry is adapting to the tastes of millennials and younger consumers amid a decline in consumption.

Data 116

Data Millennials Financial Technology Tools 116

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. billion by 2025. The two companies plan on delivering a slew of card and real-time payment options, both for in-store and online purchases. billion in 2021, and $52.5

Payments 152

Payments Innovation Study Meeting 152

PYMNTS

AUGUST 30, 2018

Apple has made a new bet on augmented reality (AR), buying Akonia Holographics , which makes lenses for the technology. Akonia’s HoloMirror technology enables “headsets that are thin, transparent and light-weight, while achieving high [field of view (FOV)] with low manufacturing cost,” Akonia said on its website. AR Market Growth.

Apple 102

Apple Colorado Retail Technology 102

PYMNTS

JULY 3, 2019

Among the more interesting storylines of this era of digital commerce and payments is the maturation of vending machines — sorry, “unattended retail.” Retailers are paying more attention to vending machines, a trend that is all but certain to continue into the 2020s. Vending Machine Trends.

Retail 122

Retail eBook Philadelphia Austin 122

PYMNTS

JUNE 2, 2016

According to Visa, a third of all credit card/debit card transactions in Singapore retail stores are made with contactless cards. One bank, UOB, has lifted that cap for any retailer that uses that bank’s payment processing. Singapore isn’t the only Asian market that Apple is eyeing. And unlike the U.K.,

Mobile 100

Mobile Marketing Samsung Payments 100

PYMNTS

JANUARY 13, 2021

The social media-focused platform company’s business model is simple: it’s a retail destination for consumers looking to sell their second-hand apparel and other goods or pick up desirable designer items for fraction of the price. We created Poshmark in 2011 to make buying and selling simple, social and fun.

social media 169

social media Trends Retail Millennials 169

PYMNTS

DECEMBER 6, 2018

In a press release, Visa said it will implement its payment technology at the tournament venues and provide exclusive experiences for cardholders. Visa is partnering with the UEFA Women’s Football Competitions through 2025 to continue its efforts to inspire and empower women as women’s football continues to grow at all levels.

National 115

National Regional Innovation Payments 115

NCR

AUGUST 10, 2017

Evolution in technology has always had a big impact on how people live their lives, but this phenomenon has arguably been more pronounced in the 21 st century than at any other time in human history. billion by 2025. IoT and AI set to rise in prominence. million in 2016 to US$38.8

Industry 75

Industry Retail Innovation Payments 75

PYMNTS

FEBRUARY 7, 2020

Retailers are starting to tap into the camera,” said Ted Mann, CEO of visual search technology provider Slyce. They expect the retailers to be able to support it.”. Slyce is working with retail partners to embrace events outside the store and developing new kiosk technology to work within the store.

Branding 151

Branding Retail social media Mobile 151

PYMNTS

APRIL 2, 2020

Big Data analytics reached a market valuation of $29.87 billion by 2025, with banks of all sizes leveraging such capabilities. Combining this technology with artificial intelligence (AI) can boost customer engagement and have innumerable benefits for FIs of all sizes and types. billion in 2019 and is projected to total $62.1

Analytics 237

Analytics Data Big Data social media 237

PYMNTS

OCTOBER 5, 2018

Software is being tested, hardware is in the works and carriers are readying their plans to deploy 5G in select markets by the end of 2018.”. based carrier with “end-to-end 5G technology,” the companies said. The new world of 5G also could give retailers, brands and marketers even more insight into how consumers shop and buy.

Mobile 194

Mobile Retail Data Payments 194

PYMNTS

MAY 20, 2019

Kiosks are increasingly becoming part of the retail landscape. As reported in the latest Unattended Retail Tracker , done in partnership between PYMNTS and WorldNet Payments, unattended retail is gaining traction worldwide, on the heels of growth in consumer demand and as employers look to increase their operating profits.

San Francisco 170

San Francisco Retail Philadelphia Cards 170