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The Buyers: Omnichannel Customer’s Impact On Retailers

PYMNTS

Connecting with consumers has seen a significant change over the course of the past few decades. No longer are retailers working with marketers to figure out a way to mass market products and services. With the advent of connected devices in the palm of almost every consumer’s hand, the retail ecosystem has certainly seen a shift.

Retail 137
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Crypto 2020: One Step Up; Two Steps Back

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It all depends on how you look at it — and where you look, of course. Bitcoin, of course, exists as one of the most widely recognized cryptocurrencies. Building The (Retail) Use Cases. And, of course, the crypto landscape extends well beyond bitcoin. Of course, it’ll take some time to get there if we do.

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The Lures – And Challenges – Of Central Bank Digital Currencies

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Frameworks, of course, offer guideposts and at least some movement toward standardization. The BIS report issued this week that focuses on “foundational principles” defines a CBDC as “a digital payment instrument, denominated in the national unit of account, that is a direct liability of the central bank.”.

National 175
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The Strange World Of Summer Retail

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But for all the glories of summer — long days, vacations and a built-in excuse to substitute ice cream for any actual meal — summer does have one asterisk for retailers in the U.S. So what fun in the sun can the nation’s retailers expect this year? However, across the U.S. Strange, but not necessarily bad.

Retail 100
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Central Banks See Digital Fiat As Complement To Cash, Not Replacement

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The report and its objectives (with foundational principles for CBDCs) was done in collaboration between the Bank of Canada, the Bank of England, the Bank of Japan, the European Central Bank, the Federal Reserve, Sveriges Riksbank, the Swiss National Bank and the BIS. In an interview with Karen Webster published Monday (Oct.

Boston 233
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Australia Central Bank Sees No ‘Public Policy’ Case For CBDC (For Now)

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But: The bank is keeping an eye on the experiences and progress of other nations, and still is researching its own technological and “policy implications” of wholesale forms of CBDC. Separately, of course, the People’s Bank of China (PBOC) has said that a test of a CBDC rests with small retail transactions — not large-volume transactions.

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Opportunity Knocks With Door-To-Door Resurgence

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Looks like retail sales are back on the street. With direct marketing hit by robocall abuse and the National Do Not Call Registry , direct-to-consumer (D2C) brands and other not-so-usual suspects are looking into and in some cases reinstating door-to-door sales. The iconic door-to-door brand is of course Avon.

Taxes 141