PYMNTS
APRIL 1, 2020
Boston Federal Reserve President Eric Rosengren said on Wednesday (April 1) that despite the best efforts of politicians and central bankers to contain COVID-19’s economic impacts, the U.S. He added that worker furloughs have also already begun, “particularly in the hotel, retail, travel and restaurant industries.
PYMNTS
FEBRUARY 10, 2020
Start creating more customer data to feed the algorithm and then you too can join the artificial intelligence (AI) retail revolution. Retailers can engage with an “AI lite” strategy that produces lookalike customer data and a level of predictive analytics. But the present and future of AI in retail is much richer.
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PYMNTS
NOVEMBER 24, 2020
Retailers, in particular, are wary of adopting 2FA because of the frictions the method can present, and their fears are not without merit. Technology giant IBM and Dublin-based client lifecycle management solutions company Fenergo recently partnered to use AI and analytics on the IBM Cloud to help FIs more easily onboard customers.
PYMNTS
SEPTEMBER 23, 2020
23) that they have closed on a deal with the Boston-based software and eCommerce company for $155 million in a Series E round of financing. That includes everything from tracking inventories to managing how products are sold across an array of online and other channels, as well as gauging progress through analytics.
PYMNTS
MAY 27, 2016
Omnicommerce usually refers to where and how retailers sell their products, not necessarily who they choose to sell them with. From office supplies and communal workspaces to new ways to pay for concert tickets, more barriers to siloed retail activity are falling every day to the onslaught of retail partnerships.
Cisco
MAY 29, 2019
In retail banking, it’s clear customer experience matters, and the stakes have never been higher. And it’s not just about happy customers… Boston Consulting Group data indicates personalizing customer journeys can lead to a 10-30% increase in revenue. Opportunity #1: When opening a new account. According to the J.D.
PYMNTS
OCTOBER 31, 2016
From loyalty to inventory management and data to omnicommerce strategy, there’s no shortage of available features and options for retailers looking to upgrade to full-service payments solutions. Even after a retailer does find a suitable option, integrating the system into their operations can be a challenge.
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