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Walmart+ And Amazon Prime Face Off As Consumers Decide Who Gets Their Business

PYMNTS

Today, the “membership has its privileges” mantra is at the core of the latest face-off between the two retail behemoths vying for an increasing portion of consumer spend: Walmart and Amazon. consumer seems happy to test the waters — and none more so than the coveted bridge millennials. But these results also suggest that the U.S.

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Sharing Platforms Fight Fraud, Make Friends

PYMNTS

It’s a world that has sprung up around the spending power and tastes of millennials and Gen Zers, and it’s getting hard to keep track of all the available options. According to one Mastercard study , about one-third of millennials and Gen Zers would let a bot plan their next trip in an automated fashion using data from their travel history.

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‘Buy Now, Pay Later’ Goes Big

PYMNTS

Consumers love the delayed payment options and so do retailers, but the BNPL players themselves are loving their business model, too. The IOU apps are reporting that average order value is typically higher, and checkout conversions surge 30 percent for retailers using BNPL. It’s a bona fide phenomenon.

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Thoughts from American Banker Retail Banking Conference 2015

Celent Banking

This last week the American Banker Retail Banking Conference 2015 was going on in Austin, TX. With interest rates low and new regulations following the financial crisis, banks are running incredibly thin margins, and traditional revenue sources are no longer viable. There were a couple of overarching themes throughout the event.

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Machine Learning Sizzles, Bitcoin Fizzles And Schrödinger’s Physical Retail Does Both

PYMNTS

What if we were to tell you that retail shopping isn’t dead? The caveat may have to be that we’d be talking about Amazon, with a new bookstore on the way in its storied (pun intended) march to its own physical, branded store footprint. Bricks and Mortar , Alive? That there may be a spark of life in the bricks and mortar model?

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What Payments Players Had To Say About Innovating Payments In A Pandemic

PYMNTS

As much as a click from the Kardashians helped spread the brand awareness and jump-start his company, Molnar said, as a spending trend among young consumers set the stage for BNPL's success. Fast-forward to the present, and Afterpay now counts more than 11 million active customers at 63,000 retailers – and most recently reported doing $2.1

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Could Online Intermediaries Control The Physical Point Of Sale?

PYMNTS

The youngest of the bridge millennials – those 30- to 40-year-olds who today represent the first generation of connected consumers with spending power – will be having their mid-life crises at the age of 50. In a world where, as the Census says, 90 percent of retail sales still happen in the physical store, cards rule. The Big Shift.

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