Bank Innovation

FEBRUARY 19, 2020

LendingClub, the publicly traded digital-lending marketplace, announced Tuesday that it is acquiring Boston-based Radius Bank, which has $1.4 billion in assets and is partnered with several fintech companies. LendingClub will pay $185 million for the acquisition, which the company expects to pay for itself in less than two years.

Boston 284

Boston Lending Fintech Company 284

PYMNTS

FEBRUARY 3, 2020

Consumers are firing brick-and-mortar retailers from the jobs they held years and decades before. To get their shopping jobs done, consumers are now hiring retailers that make it convenient to do business – anywhere, anytime, through any channel and on their terms. But it’s more than that.

Retail 172

Retail Online Study Meeting 172

PYMNTS

FEBRUARY 11, 2019

Amid great technological change, health and beauty retailers are developing strategies to drive innovation. In some cases, retailers are using social media tools such as Instagram to post promotions and product tutorials — or interact openly with consumers about their offerings. More than six in 10 health and beauty firms — or 61.7

Innovation 166

Innovation Retail social media Apple 166

PYMNTS

JULY 21, 2017

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. Through this omnichannel experience, retailers have more ways to connect with consumers.

Retail 137

Retail social media Customer Experience Boston 137

PYMNTS

DECEMBER 8, 2020

As various governmental agencies, healthcare organizations and drug companies step up their efforts to get vaccines distributed, it looks like retail will have a major role to play. Among the retailers are Kroger, Albertsons, CVS, Walgreens and Rite Aid. According to The Wall Street Journal , the U.S.

Retail 151

Retail Boston Analysis Report 151

PYMNTS

AUGUST 21, 2020

Earlier this month, as PYMNTS noted , the Federal Reserve said its Boston bank is working with the Massachusetts Institute of Technology (MIT) to explore the possibility of issuing digital currency. The focus on wholesale payments may bring various retail use cases to reality — including stimulus and disbursement of government payments.

Boston 269

Boston Massachusetts Knowledge Base Policies 269

PYMNTS

APRIL 9, 2020

Clienteling — the practice of assigning retail sales associates to high value customers — is having a moment. According to Boston Retail Partners , 63 percent of retail personnel can’t identify customers prior to checkout. For retailers, LiveConnect delivers an effective and meaningful way to engage with their customers.

Retail 130

Retail Video social media Boston 130

PYMNTS

FEBRUARY 7, 2020

Brick-and-mortar retailers are testing convenience store designs that let consumers skip the checkout line and pay for their purchases with their mobile phones. 7-Eleven President and CEO Joe DePinto said in an announcement , “Retail technology is evolving at a rapid pace, and customer expectations are driving the evolution.

Retail 143

Retail Dallas Massachusetts Technology 143

PYMNTS

FEBRUARY 17, 2020

Boston is home to the world’s “statement race” — the Boston Marathon. you’d be hard-pressed to find a Chowdahead who doesn’t think Boston is the running capital of the world. you’d be hard-pressed to find a Chowdahead who doesn’t think Boston is the running capital of the world. Bostonians take their running seriously.

Boston 175

Boston Marketing Training Branding 175

Bank Innovation

OCTOBER 22, 2018

Federal Reserve Governor Lael Brainard addressed barriers to financial inclusion at a conference hosted by the Boston Fed and the Aspen Institute in Boston on Oct.

Boston 186

Boston Big Data Fintech Conference 186

Chris Skinner

MAY 18, 2017

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., Even more astonishing, Lore and his management team in Hoboken, N.J.,

Omaha 277

Omaha Video Arkansas Boston 277

PYMNTS

FEBRUARY 20, 2019

Somewhat less apparent, however, are the complexities that the “legalish” status of cannabis consumption creates for retailers that one might not immediately associate with legalized marijuana.

Retail 136

Retail District of Columbia San Francisco Branding 136

PYMNTS

JUNE 27, 2017

Over the course of the last few years, eCommerce has sprung up and put the brick-and-mortar side of the retail industry on notice. It is also changing the retail game by eliminating the need for checkout stations through its artificial intelligence (AI) infused checkout system in its Amazon Go grocery store.

Boston 155

Boston Retail Customer Experience Seattle 155

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.

Boston 238

Boston Detroit Technology California 238

PYMNTS

APRIL 19, 2019

To let shoppers experience their products in person, brands are opening brick-in-mortar stores in major shopping destinations, even as major retailers are closing stores across the country. Tivoli Audio , which is a 19-year-old global brand, opened a 500-square-foot store on Boston’s famed Newbury Street in a brownstone.

Retail 144

Retail Branding Boston Online 144

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. interactions.

Retail 259

Retail Maine Technology Google 259

PYMNTS

NOVEMBER 14, 2018

And European retailers are embracing digital payments: H&M, for instance, recently inked a partnership with Klarna through which they will further integrate H&M’s physical and digital stores. The company also reported that online retail sales may hit $123.73 A little more than 74 billion — or 74.5 The figure marks a 4.1

Retail 131

Retail Payments Apple Online 131

PYMNTS

JANUARY 3, 2020

Ouai , a hair and body care brand founded by celebrity hairstylist Jen Atkin, will roll out some of its merchandise in 1,200 Ulta Beauty locations in addition to the retailer’s website on Sunday (Jan. The retailer wrote in a tweet , “We’re starting off the decade with a big announcement: “@theouai by Jen Atkin is launching at Ulta Beauty!”

Retail 131

Retail Industry Branding Miami 131

PYMNTS

FEBRUARY 20, 2020

Podcast company Spreaker has teamed up with Staples Connect in Boston and its surrounding areas to be the hosting and distribution vendor in the podcast space at retail stores, according to a release. . The first six locations are opening in Massachusetts, in Cambridge, Somerville, Needham, Boston, Brighton and Danvers. .

Boston 130

Boston Massachusetts Community Retail 130

PYMNTS

DECEMBER 26, 2019

This year, apps aimed to make it easier and more convenient for consumers to order their favorite foods and sundries, with restaurants and other retailers tapping into delivery. To help bring these options to more consumers, retailers and technology companies decided to join forces. and Chicago.

Retail 134

Retail New York City Los Angeles New York 134

PYMNTS

DECEMBER 6, 2019

And groups such as LVMH are also investing in retail ventures. From acquisitions to new or revamped brick-and-mortar stores, beauty, as well as cosmetic brands, are taking steps to evolve their retail operations. Glossier is opening temporary shops in Nordstrom stores, including the retailer’s New York flagship.

Branding 132

Branding Retail New York Miami 132

PYMNTS

MAY 29, 2020

A partnership was born, and the students could then help retailers get onto the Shopify program and generate precious revenue. Next, Carder developed a plan to unleash the students, who have digital marketing and product management skills, to the retail community along with partnerships in their belts from Google, Facebook and Shopify.

Maine 142

Maine Retail Google Community 142

PYMNTS

OCTOBER 4, 2019

Online retailers are expanding their brick-and-mortar footprints – and using feedback from eCommerce customers to inform the selections in their new stores. Amazon , in one case, has added a suburban Boston location to its roster of Amazon 4-star stores, marking the fifth location of its type in the United States.

Retail 109

Retail United States San Francisco Boston 109

PYMNTS

APRIL 4, 2018

Retail continues to migrate toward eCommerce, but warehouse space is not designed to keep up with the increasing pace of online orders. are in areas such as New Jersey, Boston, Pittsburgh and Philadelphia. The average age of a warehouse in the U.S. is more than 30 years old, and many lack modern features, CNBC reported.

Las Vegas 221

Las Vegas New Jersey Phoenix Philadelphia 221

PYMNTS

SEPTEMBER 13, 2019

PXM is becoming a critical business application for brands and distributors to win in omnichannel retail,” added Fred de Gombert, CEO and co-founder of Akeneo. headquarters is in Boston, and the company has more than 180 employees across six countries, including France, Germany, the UK, Spain and Israel. Akeno’s U.S.

Retail 108

Retail United States Boston Branding 108

PYMNTS

DECEMBER 9, 2020

locations recently added for Uber Connect include Atlanta, Boston, Charlotte, Charleston, Cincinnati, Cleveland, Columbus, Connecticut, Detroit, Fort Myers-Naples, Hampton Roads, Honolulu, Indianapolis, Jacksonville, Kansas City, Las Vegas, Milwaukee, Minneapolis-St. They can track the delivery just like an Uber trip, the blog post indicated.

St. Louis 242

St. Louis Las Vegas Kansas City Tucson 242

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.

Retail 156

Retail Branding Online Millennials 156

PYMNTS

NOVEMBER 3, 2020

These are the top stories in retail for Tuesday (Nov. Bloomberg reported this week that Boston-based home décor eCommerce giant Wayfair turned in strong third quarter financials, noting that the firm’s quarterly results “exceeded analysts’ estimates, suggesting the wave of home improvement inspired by the COVID-19 pandemic is lingering.”.

Company 131

Company Retail Boston Capital 131

PYMNTS

OCTOBER 17, 2016

Mobile is one of the fastest-growing retail sectors at the moment and still projects to grow for years to come, but the technology is still not where most retailers want it. percent of all retail sales for the year. percent and 43 percent of all eCommerce and all retail transactions, respectively, by 2020 for an estimated $294.22

Retail 100

Retail Mobile Survey Boston 100

Chris Skinner

JULY 23, 2017

You will all know by now that I love the innovations in retail banking in Turkey, and Gürhan didn’t disappoint. First, there … Five financial innovations you may have missed I just attended an EFMA conference where the opening presentation talked about the most innovative banks in the world.

Boston 171

Boston Bitcoin Innovation Conference 171

PYMNTS

FEBRUARY 1, 2019

Beyond the pop-up shop, the retailer is opening a “Studio of Dreams” Super Bowl Content Studio on the same block. Between its flagship and pop-up shop, brands like Nike are incorporating mobile payments along with experiences into their new retail spaces as they head into a digital future. It makes that purchasing much easier.”

Atlanta 127

Atlanta Retail New York City New York 127

PYMNTS

AUGUST 9, 2017

But, while more consumers are heading to mobile retail channels, the personal experience and ability to touch and preview items in-person offered by physical stores still holds allure for roughly 70 percent of shoppers. People aren’t [going] online anymore — they’re online all day,” Schambach said.

Mobile 110

Mobile Retail Metro Online 110

PYMNTS

NOVEMBER 24, 2020

Retailers, in particular, are wary of adopting 2FA because of the frictions the method can present, and their fears are not without merit. One recent survey found that roughly 50 percent of consumers abandoned onboarding attempts that they described as cumbersome or untrustworthy over the past 12 months, for example.

Online 272

Online Report Customer Experience Analytics 272

Bank Innovation

AUGUST 2, 2019

In this episode, Suman Bhattacharyya, deputy editor of Bank Innovation, and Jake Martin, associate editor, discuss the following developments: At the Customer Experience in Financial Services conference in Boston this week, bank executives on several panels spoke […].

Boston 170

Boston Customer Experience Video Conference 170

PYMNTS

NOVEMBER 14, 2019

There is no shortage of startups that enter the wild world of direct-to-consumer (DTC) retail to address a hole in the market that leaves a massive number of consumers underserved. And the Boston-based brand’s only shop is located right next to the finish line for the Boston Marathon.

Retail 101

Retail Marketing Boston Training 101

PYMNTS

JUNE 17, 2020

A former eBay communications chief and veteran public relations executive was involved in a campaign to cyberstalk and harass a Massachusetts couple behind a newsletter critical of the online retailer, according to a Bloomberg report. Attorney Andrew Lelling said Monday (June 15) at a news conference in Boston, according to CBS Boston. “To

Report 141

Report Boston Massachusetts Conference 141

PYMNTS

OCTOBER 17, 2017

It’s a hungry brand, gobbling up three different food delivery competitors in the last quarter alone: Boston-based Foodler, Groupon’s OrderUp and most recently, Yelp’s Eat24. Foodler launched in Boston in 2005. Grubhub isn’t just about hungry people. The Eat24 deal closed last week on Oct. A Threat to the Empire.

Baltimore 138

Baltimore Boston Chicago Mobile 138