Chris Skinner

JULY 23, 2017

This week’s main blog headlines are … Why FinTech start-ups think they can beat the banks There’s an old joke about the guy who’s lost driving in the countryside who stops to ask a pedestrian how to get to the city. You will all know by now that I love the innovations in retail banking in Turkey, and Gürhan didn’t disappoint.

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Boston Bitcoin Innovation Conference 171

PYMNTS

FEBRUARY 20, 2020

Future tech is no longer the province of high-end retailers. Innovations in 3D and augmented reality (AR) eCommerce are leveling the playing field and bringing conversion-centered visual technology to any online retailer. The main expansion of 3D is being seen in its dual usage for consumers and retailers.

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Retail Maine Google Technology 259

PYMNTS

AUGUST 29, 2020

Although they look kind of dog-like, they’re actually quadruped robots designed by Boston Dynamics and leased by Ford. Although Ford is leasing them, Boston Dynamics has recently started selling the robo-mutts for $75,000 apiece. And while Boston Dynamics is one of the better-known names in the robot game, it’s far from the only one.

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PYMNTS

MARCH 2, 2017

Boston-based athletic company New Balance has a simple mission: to become the world’s best running brand. Said simply, New Balance is rethinking athletic footwear retail — how to sells shoes, where to sell shoes and how to carry on its relationship with its customers across channels — and in between sneaker replacements.

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PYMNTS

JUNE 25, 2018

Then I went to Whole Foods on the North Shore of Boston Saturday morning to do some grocery shopping. I’ve been a Whole Foods shopper since I moved to Boston 17 years ago for the same reasons that each of you may be too: organic meat, seafood, produce and foods, great bread and cheese and a fun vibe. Prime Time at the Grocery Store.

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Retail Branding Millennials Online 156

CB Insights

SEPTEMBER 6, 2017

As internet retailers are expanding their operations into brick-and-mortar operations (think Warby Parker, Argent, Bonobos, and BaubleBar ), venture capitalists are also investing in “physical-first” startups focused on creating new brick-and-mortar business models. New Frontiers in Retail Tech. How will we shop in 2020?

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PYMNTS

JANUARY 15, 2018

It also explains why some innovations in payments have been met with open arms by consumers and others given the cold shoulder. In fact, we’re seeing it happen in a variety of retail, banking and broader commerce pilots and prototypes today. And, they haven’t seen enough of a reward to commit to continuing. Here’s why.

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Innovation Payments Google Training 109

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.

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Apple Study Innovation Survey 227

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.

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PYMNTS

JUNE 5, 2019

Companies across the globe are innovating their mPOS solutions for faster, more secure services. Some companies, such as French sporting goods retailer Decathlon , are turning to QR codes as they expand to new markets, notably the U.S. Around the Mobile Point-of-Sale World. Tech giant Apple is also upping its payments game.

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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.

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PYMNTS

OCTOBER 12, 2020

When asked, fear of crowds surfaced as consumers’ primary reason for preferring to carry on with digital-first experiences when it comes to shopping for groceries (57 percent), purchasing retail products (52 percent) and even ordering food from restaurants (45 percent). The SMB Pinch. The Power of Persistence.

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Retail Study Report Boston 220

PYMNTS

JANUARY 28, 2019

Since about mid-December of 2018, checking out in the stores here in Boston has become even more of a hassle. This newfound friction is the result of the City of Boston passing a bill that bans plastic bags and gives merchants the right to charge for ones made of paper. Innovation by Any Other Name. Back here in the U.S.,

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Regulation Boston Cards Innovation 181

PYMNTS

JUNE 1, 2020

Many Main Street SMBs, local restaurants and designer boutiques are doing it for the first time. Not surprisingly, to make consumers more comfortable shopping and checking out in their stores, retailers have rushed to enable a “ contactless ” payment experience. Gas stations are encouraging it. Uber and Starbucks pioneered it.

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Cards Study Maine Payments 147

PYMNTS

AUGUST 24, 2019

These teams are looking to mobile apps to innovate payments in a way that will revitalize purchases and the game experience. For the 2019 NFL season – PYMNTS is based in Boston, so Go Pats! – we can also expect more voice-assistant retail as part of the games.

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Payments social media Mobile Seattle 161

PYMNTS

SEPTEMBER 27, 2017

But despite the general interest in the area, the conversations around innovation and what’s next in technology isn’t always directed at women, or particularly tailored to their interests. Since Marie Claire is working with Neiman Marcus as its retail partner, they are styling outfits that fit into those three segments.

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Groups Las Vegas Retail Branding 158

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.

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Innovation Payments Cards Retail 177

Celent Banking

FEBRUARY 1, 2017

These brands are basically separate products that offer a digital-first experience to a certain demographic, but are closely tied to the main bank. Institutions are acknowledging the valuable and complementary role Fintech can play in providing a modern, innovative customer experience. I look forward to seeing you all there.

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PYMNTS

FEBRUARY 12, 2018

Put on a Retail Happy Face. Yup, physical retail is doing just fine — despite all the talk of doom and gloom. 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.

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Big Data Data Retail Marketing 135

PYMNTS

FEBRUARY 2, 2019

As PYMNTS is Boston-based, the company is, of course, excited to see Tom Brady take a shot at that sixth Super Bowl ring. According to data from the National Retail Federation (NRF), stores will bring in around $14.8 And retailers are ready, whether you need food, team jerseys, decorations or a new TV.”. Snack Time. per person.

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Boston Retail Branding Payments 150

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

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Retail Online Branding Analysis 167

PYMNTS

AUGUST 8, 2017

FatBurger was founded during the golden era of American fast food innovation – 1947 – by a woman named Lovie Yancey. It will also push its expansion farther – so that perhaps someday the people of Boston and Maine can too know the joy of the Fatrburger lifestyle. It will, however, be a franchise-only operation.

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Regulation Boston Branding Maine 119

PYMNTS

OCTOBER 31, 2020

Consumers’ interest in going back to their old habits when it comes to things like shopping for groceries and retail goods has persistently been diminishing since we first started asking them about it in the spring. That’s what PYMNTS surveys tell us, anyway. And perhaps most critically, do the dishes when we’re done.).

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PYMNTS

MARCH 11, 2016

After a bit of a bumpy start to the year, what has become a now multi-week debacle with the FBI over that phone and a solid month of share prices below $100, it has been a while since Apple has managed a whole week of headlines that were, more or less, positive and even hopeful about innovation in the offing.

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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.

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Industry Management Innovation Analysis 42

PYMNTS

DECEMBER 31, 2020

For Main Street businesses, to say 2020 was challenging is an understatement. According to PYMNTS data, more than 60 percent of Main Street firms have at least three channels operating to drive sales: online, at physical stores and mobile. Will it be enough to save every SMB pummeled by the pandemic this year?

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Maine Philadelphia Community Boston 169

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.

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Bitcoin Fraud Mobile Apple 109

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.

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Data Retail Industry Boston 100

PYMNTS

JUNE 20, 2016

The Index includes in-depth research on more than 100 retailers across the U.S. To compile the index, researchers in Boston; Chicago; Charlottesville, Virginia; and Seattle shopped merchants across three channels: web, app, and in-store. “If The main obstacles preventing them from evolving into omnichannel merchants?

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PYMNTS

MARCH 6, 2018

Boston-based agricultural tech company Freight Farms , for example, grows produce inside of shipping containers. Mushrooms make an actually great main if you’re at a restaurant.”. But Smallhold is not the only urban farming concept coming to a U.S. A lot of people are looking to other protein sources,” DeMartino said.

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New York Marketing New York City Study 122

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. .

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Comparison Retail Boston Online 100

PYMNTS

FEBRUARY 18, 2019

So, Amazon hasn’t just benefited its customers: It has forced retailers to lower prices and increase their levels of service. percent of all retail sales to 6.4 percent of retail sales and 50 percent of all eCommerce sales. Yet, over the last four years, Amazon has gone from 2.2 If and when they no longer do, they won’t.

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Cards Course Study New York 169

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.

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PYMNTS

APRIL 16, 2018

That most of our elected officials don’t have any clue how Facebook, much less the platform business models that have powered so much innovation across industry segments for thousands of years, work. Law” or “CSI” or reading The Boston Globe or The Wall Street Journal all more or less liked the same things. trillion searches a year.

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Google Data social media Branding 121

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.

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Mobile Community Bank Community Technology 105

PYMNTS

SEPTEMBER 3, 2018

Almost 33 years ago, David Letterman introduced his singular innovation in stand-up comedy: the Top 10 List. CFO Adam DeWitt noted that a seven-year-old, Boston-based LevelUp serves 200 regional and national brands, with a point-of-sale (POS) approach that seeks to replicate each brand’s experience online. million users, up from 9.2

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Branding Cards Fraud Marketing 100

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.

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Payments Innovation Boston Branding 195