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Fed Banks’ Study Reports Rise In Card, ePayments

PYMNTS

In the fifth official study conducted by the Federal Reserve Banks of Atlanta, Boston, Richmond and San Francisco, the 2018 Diary of Consumer Payment Choice (DCPC) detailed the cash and non-cash payment behavior of U.S. consumers reported making a minimum of one online purchase in the 12 months concluding October 2018.

Study 101
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The Truth Is In The Data, Not The Mirror

PYMNTS

Finding a pair that fits her waist comfortably without needing to be hemmed six inches is a nearly impossible task even in a store, where she can try on pair after pair — let alone online, where she essentially has to guess whether the jeans will fit, and then go through the rigmarole of returning them if they don’t. Fashion Tech.

Data 116
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Data Dive, Go Big Edition: Apple, Amazon And CloudKitchens

PYMNTS

That sounds like a large number, though it is difficult to make an apples-to-apples comparison with cards issued by others, since as a general rule banks do not break out performance by individual cards. According to reports last week, Amazon will soon be heading to Boston to construct a $40 million state-of-the-art robotics innovation hub.

Apple 101
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Retail Pulse: Allbirds Unveils Manhattan Flagship; Amazon Go Opens Third Store

PYMNTS

cities, such as Boston and Los Angeles, for additional brick-and-mortar locations. By comparison, the first Amazon Go store, which opened in January, had 1,800 square feet of space. The retailer, which started online seven years ago, opened up a holiday pop-up store in 2016. What are the implications for this year?

Retail 100
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Smart Watches, Run Hubs And New Balance’s Retail Reset Button

PYMNTS

Boston-based athletic company New Balance has a simple mission: to become the world’s best running brand. New Balance, by comparison, brings in a mere $3 billion annually — certainly nothing to shake a stick at, but still 90 percent smaller than Nike. The Step Into Tech: The RunIQ .

Retail 100
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Drizly: The Amazon of Alcohol

PYMNTS

And Boston-based D rizly ’s news yesterday of its $15 million in Series B funding was a noteworthy milestone, for sure. . Most local liquor store retailers don’t have websites, which means that they don’t have online product catalogues for starters. Th ere’s a reason there isn’t a lot of a lcohol sold online.” .

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How to Offset an Evaporating Data Center

Gonzobanker

Numerous applications, including card processing, online banking and bill pay, are overwhelmingly being outsourced. Industry-specific tech talent is consolidating and migrating to programmer and megabank community hotspots in San Jose, Seattle, San Francisco, Boston, Raleigh, Charlotte, Atlanta and Phoenix.

Data 74