PYMNTS

OCTOBER 19, 2020

Product recommendations are an example of social proof at work – if other people have good experiences with buying a particular product, that boosts the chances that other consumers will buy it, too. The owner of an upscale hair salon in Boston is an example of a business living this reality. Saving Main Street.

Maine 199

Maine Boston Branding Retail 199

PYMNTS

APRIL 11, 2017

The Super Bowl may be a memory, but the somewhat improbable victory of the New England Patriots was still fresh in the minds of many at snow-jammed Boston during Innovation Project 2017. In many firms, “from SMBs up to the biggest retailers,” said the executive, assets have been siloed. Bisignano agreed (“This is a journey”).

Data 138

Data Payments Innovation Retail 138

PYMNTS

DECEMBER 21, 2020

You can see it in how investors are putting money to work in both consumer-facing and B2B startups, and how startups and incumbents are forging new partnerships to move innovation faster to market. Almost half, 45 percent, have shifted digital to shop for retail products, and one in five to shop for groceries and order food from restaurants.

Apple 227

Apple Study Innovation Survey 227

PYMNTS

SEPTEMBER 4, 2020

After cherished Boston dining spot, Stella, closed its doors due to pandemic losses, chef and owner Evan Deluty couldn’t let the dream die — or his heavenly preparations disappear — and has reinvented Stella as a gourmet food truck.

Boston 205

Boston San Francisco New York City Portland 205

PYMNTS

JUNE 12, 2018

When Sephora announced the launch of a new 2,000-square-foot concept store in Boston last year , it unveiled a marriage of brick-and-mortar and digital: The store allowed customers the ability to order products in-store from the Sephora website, and it announced same-day pickup through its Sephora app, too.

Retail 109

Retail Examples Boston Mobile 109

PYMNTS

APRIL 8, 2019

Brick-and-mortar pharmacy retailers are taking new approaches to delivery in the omnichannel age: CVS Pharmacy , for instance, is doubling down its on-demand offerings with a faster and expanded option. Even so, nearly a third — or 32 percent — of consumers were unaware of a mobile app by that kind of retailer. New Products.

Retail 152

Retail Oregon New Mexico Mobile 152

PYMNTS

JANUARY 9, 2021

In it, a series of Boston Dynamics robots definitively answer the question: Do you love me, now that I can dance? Which, according to Aaron Saunders , Boston Dynamics’ VP of engineering, is pretty much the point: introducing the world to the fun side of robotics. The answer, incidentally, is yes. Yes, we do. and a dozen for $7.49.

Boston 251

Boston Video Louisiana America 251

PYMNTS

AUGUST 7, 2020

Drilling down a bit into why real-time payments are taking on more urgency for retailers, Brainard said research showed that households “with the least liquid resources” — marked by relatively lower income and savings — boosted their spending starting on the day they received emergency-relief payments. A Liquidity Boost? .

America 189

America Kansas City Payments Kansas 189

PYMNTS

SEPTEMBER 24, 2020

For example, integrating Sidewalk into parking meters would bring low-cost network access for the city, but it will also provide more mesh nodes to strengthen network coverage and capacity.”. It could certainly benefit from adoption within smart-city projects. But he noted that Sidewalk would “struggle to match 5G’s national coverage.”

Boston 210

Boston Community Software National 210

Abrigo

MAY 8, 2024

A common example of a generative AI-driven tool that many in the financial services industry are familiar with is ChatGPT, which can produce coherent and diverse texts on various topics. An example of a use case for predictive AI is Signature Bank of Georgia ’s addition of AI-driven check fraud detection software that finds fraud faster.

Examples 221

Examples Fraud Resources Risk Management 221

CB Insights

SEPTEMBER 26, 2018

While the store is a first for Nike, it’s part of a bigger trend in retail — product and inventory localization. how retailers can survive (and thrive) this holiday season. Learn about the technologies, innovations, and strategies that retailers can leverage during the holidays. Major retailers and brands go local.

Retail 64

Retail Los Angeles Strategy Community 64

PYMNTS

JULY 30, 2019

To take one example, look at the Starbucks results from Q2. That said, mobile order-ahead apps — as can be the case generally when comes to many types of retail innovations — have lower adoption among smaller QSRs. Starbucks Delivery. Mobile-Order Ahead. PYMNTS’ most recent Restaurant Readiness Index found that only 30.7

Mobile 148

Mobile New York Philadelphia Google 148

PYMNTS

SEPTEMBER 28, 2019

But luckily, where there is a problem, there is typically an innovative entrepreneur selling a solution – and in the case of sleep, there are a lot of solutions out there. It feels a lot more like play than work,” Lisa Kelly-Croswell, the chief human resources officer at Boston Medical Center, noted of the program.

Boston 145

Boston Study Maine social media 145

PYMNTS

OCTOBER 20, 2018

The traditional gift for a ninth anniversary is pottery, and our offices are in Boston – but, you know, no pressure.). We always want to talk to innovators and those who understand them best. Over the last nine years, it has been PYMNTS’ privilege to speak with some of the most innovative minds in payments and commerce.

Innovation 177

Innovation Payments Cards Retail 177

PYMNTS

DECEMBER 21, 2016

Germany- and Boston-based Spreadshirt uses data, analytics and even social media information to build a product and spread news among communities while printing more than 3.6 Globally, the company has more than 500 employees spread between Leipzig; Boston; Henderson, Nev.; million items last year. “[Our Greensburg, Penn.;

Data 100

Data Boston Community social media 100

PYMNTS

MAY 24, 2018

To have their foot scanned in a retail environment, for example, consumers might not be comfortable standing on a machine that has been used by many other customers. If a consumer has high arches, for example, the company can engineer additional support. These traditional options may not be attractive to all consumers.

Branding 103

Branding Examples Boston Retail 103

PYMNTS

NOVEMBER 19, 2018

who each week walk into one of those physical stores, in addition to the 100 million who are said to shop one of the retailer’s online channels. 3 post position, displacing Apple, at roughly 4 percent of retail sales. That retailer is, of course, Amazon. percent of consumer retail spending in the U.S. Housing (18.5

Retail 167

Retail Online Branding Analysis 167

PYMNTS

APRIL 29, 2017

However, the last few weeks of action in payments and commerce has convenience of a plausible other explanation: He didn’t live long enough to see retail reinvention in the digital age. Some of it works; disruptive innovation depends on thinking a little bit differently. For example… Dirty Clothes Are the New Black?

Boston 108

Boston social media Washington Retail 108

PYMNTS

JANUARY 17, 2020

That matters because as time goes by and existing cities become prohibitively expensive — think San Francisco, New York City and Los Angeles, with Chicago, Boston and other areas not far behind — many younger, well-educated consumers are making moves to exurban or even rural areas, or smaller cities. communities. Government Efforts.

Payments 131

Payments Los Angeles San Francisco New York City 131

PYMNTS

FEBRUARY 22, 2018

And Grubhub has been in expansion mode , gobbling up Boston-based Foodler, Groupon’s OrderUp and Yelp’s Eat24 in 2017. At the same time, former retail rivals (now partners) Grubhub and Yelp agreed to a five-year alliance that includes the integration of Grubhub ordering into Yelp’s listings.

Marketing 134

Marketing Boston Operations Retail 134

PYMNTS

OCTOBER 9, 2020

Burger King recently unveiled plans for a new store concept that features touchless ordering as its centerpiece, for example, with the restaurant consisting of pickup windows, park-and-order lanes and drive-thrus. cities, including Boston, Chicago, New York and Washington, D.C.”. Mobile Is Making It Work.

Mobile 131

Mobile Boston Chicago Washington 131

PYMNTS

AUGUST 8, 2017

So, for example, FatBurger’s coming investor class must earn $5,000 a year – or have a net worth of that amount. FatBurger was founded during the golden era of American fast food innovation – 1947 – by a woman named Lovie Yancey. It will, however, be a franchise-only operation.

Regulation 119

Regulation Boston Branding Maine 119

Tefkin

JUNE 3, 2014

While other sectors attract more mainstream press attention (payment, retail banking), the asset management industry is also deeply affected by “software eating the world” Asset Class Competition. On the “Beta” end of the scale, ETFs are steadily becoming one of the most successful innovation in recent decades.

Industry 42

Industry Management Innovation Analysis 42

PYMNTS

MARCH 6, 2018

Boston-based agricultural tech company Freight Farms , for example, grows produce inside of shipping containers. And the mushrooms grow well in their high-tech environment: One Smallhold customer, for example, was able to grow a mushroom that weighed in at two pounds.

New York 122

New York Marketing New York City Study 122

PYMNTS

APRIL 20, 2017

Annoyed to the point of swearing them off for good: “Shopping with a bot is tedious — it takes 20 exchanges to finally get a link to a just-OK pair of black pumps that you have to then go outside the bot to the retailer site to buy. The bot is another example of MoneyGram’s commitment to making money transfers easy for our customers.”. “The

Groups 104

Groups San Francisco New York City Cards 104

PYMNTS

AUGUST 16, 2016

So, how did a “team of geeks” with “zero experience” in the fashion or retail industries go on to become the second fastest-growing retail company in the U.S. Sharon Klapka, Adore Me’s vice president of business and brand development, appeared at the eTail East conference in Boston on Monday (Aug. million in funding.

Data 100

Data Retail Industry Boston 100

PYMNTS

AUGUST 5, 2016

For a startup that’s done some pretty heavy lifting to successfully recruit merchants to join an innovative new eCommerce platform, being front page news lauding its accomplishments is always great news. And Boston-based D rizly ’s news yesterday of its $15 million in Series B funding was a noteworthy milestone, for sure. .

Comparison 100

Comparison Retail Boston Online 100

Banking 2020

FEBRUARY 2, 2016

There are lessons to be learned from experiences in retail. Regardless of how and why they hit the market, some technology-driven innovations seem to lend themselves to particular vertical markets and/or disciplines. Well, there’s no doubt about this one: retail. In fact, 38% of retailers say this is a top priority. (The

Retail 40

Retail Strategy Boston Industry 40

PYMNTS

MAY 27, 2016

The weather in Boston – and it’s about darn time. Apple’s first retail store overhaul in 15 years is hailed by just about everyone as a Grand Slam Home Run – and the store hasn’t even opened yet (it will, in SF, on Saturday). But they, like so many storied retail brands, are going through a bit of a spiraling down.

Bitcoin 109

Bitcoin Fraud Mobile Apple 109

Celent Banking

MARCH 28, 2017

Over the past few weeks we have been previewing various content themes we will be discussing at our Insight and Innovation Day in Boston on April 4th. I would like to finish this series of posts by looking at the new Model Bank category we introduced this year – Emerging Innovation. See you in Boston!

Innovation 100

Innovation Boston blockchain social media 100

PYMNTS

MARCH 6, 2017

And while the upgrades are various, they all come together to tell a single story about how Neiman Marcus is looking to reinvent retail for an entirely new digital world — and digital consumer. He’s the head of Neiman Marcus’ Innovation Lab. Take, for example, Neiman’s relationship with mobile payments. What’s Next.

Fort Worth 129

Fort Worth Innovation Dallas Retail 129

PYMNTS

MARCH 14, 2016

Well, it is “an innovative new payment platform created to transform the payments industry by drastically altering the economics through Internet-based technology, generating significant consumer benefits.” Except, of course, it didn’t – and it is now in the crowded graveyard of payments innovations that sounded too good to be true.

Bitcoin 100

Bitcoin blockchain Video Apple 100

Independent Banker

OCTOBER 29, 2014

Big-brand megabanks, the Visa and MasterCard networks, and big-box merchants had signed up to become partners with Apple’s universal retail smartphone app that uses Near Field Communication and tokenization technologies. Typically the younger segments are more innovative and are looking for new ways to do things,” Brown offers.

Mobile 105

Mobile Community Bank Community Technology 105

PYMNTS

SEPTEMBER 17, 2018

This small business is a really small business: a guy working out of a teeny tiny storefront in a little town north of Boston. But to remind all of us that payment innovations are only as good as the certainty those innovations deliver to their intended users. Or to buff up PayPal. Distress creates friction.

Payments 195

Payments Innovation Boston Branding 195

PYMNTS

AUGUST 9, 2018

The goal of the Wayfair worker is to work on “innovating better together,” becoming “fast fixers and builders” and to help customers to better “envision the spaces where they live their lives.”. It’s a tall order for a Boston-based furniture company – but Wayfair has always thought big, even when it was very, very small.

Boston 101

Boston Branding Retail Examples 101

PYMNTS

FEBRUARY 29, 2016

I, Shopper, take thee, Online Retailer, to be my faithful partner in commerce. Today, fewer than a third say that membership in loyalty programs drives their choice of retailer. Today, fewer than a third say that membership in loyalty programs drives their choice of retailer. How very unlikely these days. Who’da thunk it?

Retail 90

Retail Payments Online Mobile 90

Independent Banker

JULY 31, 2022

Often, these bankers rose to the occasion by employing tech solutions or other innovative approaches. As an example of a banking task suited to RPA, Few cites checking an appropriate box on a computer system when a customer signs up for electronic banking statements. Use technology to drive down costs. Connors, Jr.,

Strategy 135

Strategy Community Bank Louisville Community 135