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What banks can learn from Wal-Mart

Chris Skinner

Can Wal-Mart’s Expensive New E-Commerce Operation Compete With Amazon? A recent acquisition spree including Jet.com gives the retail giant much-needed digital chops by Brad Stone and Matthew Boyle from Bloomberg Business Week Last summer, Marc Lore, founder and chief executive officer of e-commerce startup Jet.com Inc.,

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Saving Main Street From Its Downward Pandemic Spiral

PYMNTS

More consumers mean more sales – and more sales means growth, expansion, jobs and prosperity for the business, its workforce and the local economy in which it operates. The owner of an upscale hair salon in Boston is an example of a business living this reality. Social proof can also work in reverse. Saving Main Street.

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Can SMBs Avoid Being Left Behind In The Great Digital Shift?

PYMNTS

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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Is It Time For Apple To Allow Others Access To The iPhone NFC Chip?

PYMNTS

And you can see it in the hustle by retailers and brands large and small to pivot their businesses and business models — and the disclaimers on just about every retail site starting a week or more ago that orders placed online might not make it in time for Christmas. One hundred and ten (110) million U.S. consumers — 47.2

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Chapter 11 Watch: Cosi Files, But Are Sears, Claire’s Next In Line?

PYMNTS

Cosi, the Boston-based sandwich chain renowned for its flatbread sandwiches, filed for bankruptcy in a Boston courtroom. Cosi operated 74 company-owned restaurants and 31 franchised restaurants in 15 states at the time of filing. Will Sears be the next major retailer to file for bankruptcy? The company also fired CEO R.J.

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The Rise Of Card-on-File Commerce

PYMNTS

Not surprisingly, to make consumers more comfortable shopping and checking out in their stores, retailers have rushed to enable a “ contactless ” payment experience. One of the best things that happened last week was the reopening of hair salons in Boston. And that will become this salon’s standard operating procedure going forward.

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Model Bank 2017: Some First Impressions

Celent Banking

Operations and Risk. It’s certain, though, that Celent analysts will have a full plate for the next two months as we reach out to our Model Banks and complete the work of distilling their rich stories into pithy case studies that illustrate the incredible innovations banks are undertaking today. Customer Experience.