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H&M Looks To Big Data For Store Insights

PYMNTS

To reduce markdowns and break out of a lull in sales, H&M is turning to artificial intelligence (AI) and Big Data to tailor its merchandising mix in its brick-and-mortar stores. H&M is utilizing the technology in a store located in an upscale section of Stockholm, Sweden.

Big Data 121
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How Analytics Can Help Fashion Brands And Retailers

PYMNTS

What does it take for a fashion brand to stay on top of the trends? A lot of market data. But not all brands excel at crawling the web for information relevant to their businesses. “A Its technology works like Google , in a sense. “We Brands and retailers work on a global scale, after all. An International Market.

Analytics 162
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UnionPay To Roll Out Branded Card In The UK

PYMNTS

China’s UnionPay , the payment card issuer, is gearing up to roll out branded cards in the U.K. In early December UnionPay plans to issue branded credit cards in other parts of Europe as well. “In The two companies are seeking to look into distributed ledger and big data technology to update products for mobile banking.

Branding 177
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Six Big-Data and AI Trends in Banking for 2022

The Financial Brand

The post Six Big-Data and AI Trends in Banking for 2022 appeared first on The Financial Brand - Banking Trends, Analysis & Insights. What financial institutions need to know to create the kind of consumer experience that provides a competitive edge.

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Feelter Sources, Curates Social Sentiment For Brands

PYMNTS

It takes the likes of Big Data and machine learning to meaningfully scratch the surface of social. Enter Feelter , a technology startup that looks to bring the power of social media sentiment to brands. It’s an enormous amount of data,” Székely said, “but the text is usually short. We bring the truth.

Branding 107
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In The Age Of Big Data, Why Are We Still Flying Blind?

PYMNTS

Yet, according to Fung Global Retail & Technology, 6,985 stores closed in 2017 , up 229 percent from 2016, and well above the number of stores which closed in the year that started physical retail’s death spiral: 2008. Census Bureau data reports that suggest nearly all retail sales happen in a physical store. percent in 1947.

Big Data 135
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Artificial Intelligence, Algorithms, Big Data & The Future of Banking

The Financial Brand

Futurist Mike Walsh discusses how banking leaders must use data, analytics and technology to change their culture, strategy and business models. The post Artificial Intelligence, Algorithms, Big Data & The Future of Banking appeared first on The Financial Brand.