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Early Days: AI Shows Promise And Limitations For Retailers

PYMNTS

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. Not so fast.

Retail 203
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In China, Green Shoots For Luxury Spending To Prove Fragile?

PYMNTS

22), Boston Consulting Group has estimated that that demand for luxury items could underpin a spending boost on the order of 30 percent as the Chinese economy rebounds. And yet, overall spending across the luxury industry could shrink by as much as 45 percent through 2020, as other regions and countries – Europe and the U.S.

Retail 169
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In Search Of The Next-Gen AR/VR Retail/Payments Experience

PYMNTS

While many in the Greater Boston area stayed indoors to keep clear of the arctic chill that had descended upon the region, eight teams hunkered down in offices in the middle of the Financial District with another goal in mind: reimagining the retail and payments experience using AR/VR technologies.

Retail 101
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Facebook And Google Payments Efforts Top Week’s News

PYMNTS

Amazon To Build $40M Robotics Innovation Hub Near Boston. Governments are tightening know your customer (KYC) and anti-money laundering (AML) requirements on various industries out of increasing concern over fraud threats. million American adults subscribing to some type of subscription retail product offering.

Google 139
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Rescuing The Restaurant Business From App Decline

PYMNTS

According to industry research , 70 percent of consumers use their mobile devices on their QSR/FCR food purchasing journey. What will factor into any restaurant or restaurant group’s success in tomorrow’s online world are the numbers and demographics of just how tourist-traveled your city, town, or region is going forward.

Miami 130
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2021 GonzoBanker Awards

Gonzobanker

From nowhere, sizable regional players are being created. MOEs like this are rare in the credit union industry, but we expect with continued demands for scale there will be more. Performance and multiples continue to be solid, outperforming most regional banks. Has to be M-O-E. Bank Merger of the Year.

Fintech 147
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The Top 20 Venture Capitalists

CB Insights

He received his MBA in 1993 from UT Austin before joining Credit Suisse First Boston as an Equity Research Analyst, where he focused on computer hardware and software. Jeff began his post-graduate career as a Management Consultant with The Boston Consulting Group. PROFILES OF THE TOP 20 VENTURE CAPITAL PARTNERS. BILL GURLEY.