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Digital Technologies Drive Innovation In Retail, Banking

PYMNTS

Nike ’s digital sales surged in Q1, while the sportswear brand also saw an uptick in its connected fitness business. Technologies such as artificial intelligence (AI) and video onboarding have shown promise in facing identity fraud, but each is vulnerable when implemented on its own.

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Cooler Screens Brings New Look To Retail Innovation

PYMNTS

We are taking advantage of unused capacity,” Cooler Screens Chief Technology Officer Rob Dravenstott told PYMNTS in a recent interview. “We We are essentially taking glass doors that were probably underutilized and not asking the retailer for any additional physical space.”. sales lift is not a common thing.”.

Retail 277
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Augmented Reality Adds 3D Technology To Boost Retail Conversions

PYMNTS

The David’s Bridal application was built by Vertebrae , a tech company that specializes in bringing real-world applications to retailing. Vince Cacace , CEO of Vertebrae, told PYMNTS that AR in 3D has become a high-demand technology for all kinds of products and retailers. “We How does it work on me? What are the details?

Retail 261
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How A Retail Incubator Could Produce The Next Big Innovation

PYMNTS

The myth of the lone (and possibly mad) scientist died out a long time ago, as the industrial age led to teams of researchers working together (or at healthy cross purposes) to enable innovation. He added that “our customers buy our product because we offer advantages over the technologies mentioned here. Customer Journey.

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Mastercard On Helping Retailers Strike The Right Innovation Balance

PYMNTS

And nowhere is that aphorism better illustrated over the last decade than with the statistic that more than 90 percent of all retail sales took place at brick and mortar stores. It gave retailers the illusion that digital was the retail cart driven by the physical store horse. Testing Innovation .

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Why Health And Beauty Retailers Are Driving Digital Innovation

PYMNTS

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. About the same share — or 60.9

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Powering Innovation With Wedding, Transportation Technology

PYMNTS

And in transportation, Lyft is innovating on its technology stack as the firm rolls out features like the Lyft matching platform. 2K: Minimum number of Macy’s private brand and exclusive home gifts that bridal customers can register for on Zola. All this, Today in Data. 301: Number of David’s Bridal brick-and-mortar stores.

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