PYMNTS

NOVEMBER 22, 2019

Retailers are tapping into voice technology to help consumers order their favorite products such as restaurant takeout as they expand their artificial intelligence (AI) strategies. In addition to Alexa, the restaurant chain is also turning to other digital innovations. In Other Brick-and-Mortar News. Kroger Co.

Retail 139

Retail Strategy United States Comparison 139

PYMNTS

MARCH 25, 2016

It appears that more and more consumers are getting better connected with loyalty programs by linking their cards to them. “Card-linking has a network effect, and it is accelerating,” stated Silvio Tavares, CardLinx president and CEO, in a press release.

Cards 100

Cards social media Survey Comparison 100

PYMNTS

FEBRUARY 19, 2018

To help drive innovation, 25.5 percent of financial institutions are focused on new products, according to the PYMNTS Bank Innovation Readiness Index. Functioning properly, contract workers can reportedly be paid “within minutes” directly to a debit card. percent — of payments executives are focused on price comparison tools.

Payments 144

Payments Apple Comparison Virginia 144

NCR

SEPTEMBER 22, 2017

In the retail industry, like many other sectors, the maxim ‘innovate or die’ seems to be growing in authority and relevance by the day. Bricks-and-mortar-only retailers, by comparison, have experienced a decline of 0.41 ‘Digital dinosaurs’ at risk of extinction? percent on average in the past year.

Retail 80

Retail Technology Comparison Trends 80

PYMNTS

DECEMBER 16, 2019

It also means that pharmacies — whether brick-and-mortar or online — are popular places, perhaps even part of a weekend to-do list that includes holiday retail shopping. That is certainly one possibility for innovation and disruption in the retail pharmacy space. Rising Costs. Recent research supports that point. Larger Trends.

Mobile 142

Mobile Retail Innovation Course 142

PYMNTS

MARCH 20, 2019

From SPOT to Starbucks , online platforms and retailers are providing consumers with new ways to place orders or make purchases from the car. By comparison, mobile ordering and payment accounted for 9 percent of those transactions in the fiscal third quarter of 2017. Digital innovations are helping consumers pick up their orders.

Los Angeles 183

Los Angeles Retail Philadelphia Miami 183

PYMNTS

APRIL 28, 2017

Apexx founders’ claim the service can save merchants as much as 15 percent on the cost associated with processing credit cards or debit card payments and alternative payments. Keenan previously was in charge of Zapp, the VocaLink-backed mobile payments startup that Mastercard purchased earlier this year.

Comparison 166

Comparison Fintech Branding Payments 166

PYMNTS

NOVEMBER 7, 2017

By comparison, there are more than 150 McDonald’s. Though it has always been possible to pay via credit card, the version of the app launched a little over a year ago made it difficult to do so: The app pushed customers to load their “One card” and then pay. There are only two Chick-fil-A’s in Oregon.

Innovation 100

Innovation Oregon social media Payments 100

PYMNTS

NOVEMBER 11, 2019

Early accounts seem to indicate that the just-launched Apple -branded credit card is finding its way into customers’ hands, and into heavy use. According to issuer Goldman Sachs , they have opened up about $10 billion in credit lines in just over month for the Apple Card. Of that $10 billion, Apple Card?

Apple 101

Apple Massachusetts Data Cards 101

PYMNTS

SEPTEMBER 14, 2018

Cashierless stores aren’t just for mega retailers like Amazon to sell prepared food from their kitchens or products from other producers: Beverage brands, among other companies, are getting into the action and choosing this checkout experience for stores that showcase their own products IRL (“in real life”) as a marketing tool.

Branding 139

Branding Marketing San Francisco Seattle 139

PYMNTS

SEPTEMBER 5, 2019

The system doesn’t require a “hard touch” — consumers do not have to lay their hand down on the scanner — instead, the consumer waves a hand over the device which then uses a combination of computer vision and depth geometry to identify the customer and connect to their card on file. The first, more minor issue, was consumer habit.

Payments 191

Payments Cards System Chicago 191

PYMNTS

NOVEMBER 2, 2020

“ Membership has its privileges ” was the nine-year ad campaign launched by American Express in 1987 to persuade consumers that it was worth it to pay an annual fee for one of its charge card products. As the slogan implied, being an American Express card member was the only way to unlock those benefits.

Millennials 246

Millennials Retail Online Report 246

PYMNTS

JUNE 25, 2019

About a fifth, by comparison, had used Venmo for gambling. The report noted that “one interesting point is that any and all transactions made on Venmo will be on file, like a payment made with a credit card. Anyone with a bank account and debit card can use Venmo, a likely factor in its P2P reach.

Payments 115

Payments Marketing Millennials Trends 115

PYMNTS

DECEMBER 24, 2020

Contactless payment methods were always in the wings for credit card companies, but the pandemic pushed them front and center. That reflects itself in preferences for contactless payment options, with 26 percent of consumers reporting a desire for merchants to accept contactless cards. Contactless. I don’t see that slowing down.”. “We

Payments 260

Payments Millennials Survey Trends 260

PYMNTS

APRIL 16, 2018

At the intersection of data privacy and security and payments innovation lies friction, possibly, for the consumer experience. That may be a knotty issue when, especially for retailers, online orders are coming from all over the world. In the retail environment, one can buy online and return in store,” he emphasized.

Mobile 106

Mobile System Data Course 106

PYMNTS

NOVEMBER 20, 2020

But as the pandemic has progressed it has become increasingly clear that Target is also laying claim to the paycheck, and is often more innovative and digital-first than Walmart. It’s hardly competing with Amazon yet, but Target has shown more digital momentum than any major retailer during the pandemic.

Comparison 165

Comparison Strategy Retail Minneapolis 165

PYMNTS

JULY 10, 2019

An unexpected consequence of the retailer race to offer same-day and one-day delivery is increased fraud exposure. This is a much bigger issue for digital platforms than brick-and-mortar businesses, since fraud liability lies with the seller in “card-not-present” transactions. According to the AI Innovation Playbook , 63.6

Fraud 140

Fraud Strategy Study Comparison 140

PYMNTS

SEPTEMBER 30, 2019

The latest Payments and the Platform Economy study examines how marketplaces are responding to the counterfeit threat as well as how they are continuing to innovate the customer experience. Visa said that since their inception, chip cards have reduced counterfeit fraud by 87 percent. Online Resale. Social Media.

Online 101

Online Fraud Branding social media 101

PYMNTS

APRIL 4, 2018

By comparison, Sela said 60 percent of the big pizza chains’ business is digital, leaving room for small pizzerias to grow their digital order base. The payments system is flexible, allowing customers to pay by cash or credit card. In comparison to other food delivery platforms, Slice is not a discovery play.

San Francisco 128

San Francisco Comparison social media Online 128

PYMNTS

NOVEMBER 29, 2017

Despite Chris Rock’s old adage that people “don’t sell drugs, drugs sell themselves,” being in the legal — or at least legal-ish — business of cannabis retail is surprisingly difficult and friction-filled work. As a point of comparison, U.S. The problem is not in moving the supply.

blockchain 102

blockchain Industry District of Columbia Florida 102

PYMNTS

APRIL 29, 2016

“They can steal your credit card, but they can’t steal your heart.”. The one that he says stood out to the team was Vantiv’s, which presented “a real-world experience where they had a real-world problem” — that being to authenticate an online consumer without him or her having to enter credit card information.

Comparison 100

Comparison System Online Cards 100

PYMNTS

FEBRUARY 2, 2019

3), the numbers put up by the players on the field will pale in comparison to the dollars that advertisers, sports enthusiasts, snack food aficionados and brands will put up, just so they can be part of America’s largest television viewing event. According to data from the National Retail Federation (NRF), stores will bring in around $14.8

Boston 150

Boston Retail Branding Payments 150

PYMNTS

MARCH 14, 2017

DE: Payment card networks already have the rails in place to offer instant payments. Now, a number of individual network solutions like Visa Direct also support a push versus pull of funds so that money can instantly be funded back to a card or account. For comparison, this is six times the debit or pull transaction market.

Meeting 101

Meeting Payments Cards Marketing 101

PYMNTS

APRIL 24, 2018

By comparison, other services usually put all parts of the meal in one container. We’re selling the pods individually in these retail stores,” Cooper said. In addition to fully cooked meals, each box comes with activity sheets, collectible reward coins and trivia cards. The Kid Food Market.

Apple 124

Apple St. Louis San Francisco Chicago 124

PYMNTS

JUNE 14, 2017

Finally, the price point: At $350, the sparkly Apple HomePod makes the $40 Echo Dot look like boxed wine by comparison. Amazon is making mincemeat of retail precisely because they do. It sees particular potential for Apple Pay Cash among younger users who don’t yet have their own credit or debit cards.

Apple 101

Apple Google Comparison Cards 101

PYMNTS

JULY 11, 2017

The service allows users to file claims through the company’s mobile app, and enables funds to be deposited directly into a traveler’s bank account or sent to a debit card. Uncertain global events have become a growing concern among travelers, according to recent data from travel insurance review and comparison company SquareMouth.

Payments 100

Payments Google Innovation Report 100

Lex Sokolin

NOVEMBER 12, 2020

When the old world wobbles, the new one seems more safe by comparison. For comparison, Visa today sits at about $420 billion in market capitalization, representing the discounted cash flows of owning a payment network. banks, card issuers, e-commerce sites, point of sale terminals, regulators, and so on. The election’s end?—?and

blockchain 52

blockchain Bitcoin Software National 52

CB Insights

AUGUST 26, 2021

Retail & consumer. SoftBank has invested in 35 companies in the retail & consumer sector in 2021 so far, making it the most popular sector among its 2021 investments. Meanwhile, AI 100 winner AInnovation brings AI business solutions to clients in retail, finance, and manufacturing. Fitness & wellness tech.

Regional 94

Regional Fintech Analysis Company 94

PYMNTS

NOVEMBER 20, 2018

David Yates was working at First Data , running its international business, and online retail, as he recalled in a new PYMNTS interview, was “really starting to lift off.” Yates — as have other experts recently — puts significant stock in what one might call the retail showroom concept. Innovation in the industry is expected.

Payments 186

Payments Innovation Mobile Comparison 186

CB Insights

JULY 16, 2017

XL Innovate. HCS went through a major management shakeup in November 2016 when former AIG head of commercial insurance strategy and innovation Greg Wolyniec joined as president and CEO, while AIG president of liability and financial lines Alexander Baugh was named chairman of HCS’ board of directors. Allianz Ventures.

Strategy 28

Strategy Marketing Analytics Innovation 28

CB Insights

DECEMBER 5, 2017

XL Innovate. HCS went through a major management shakeup in November 2016 when former AIG head of commercial insurance strategy and innovation Greg Wolyniec joined as president and CEO, while AIG president of liability and financial lines Alexander Baugh was named chairman of HCS’s board of directors. American Family Ventures.

Strategy 28

Strategy Marketing Analytics Innovation 28

Fintech Labs Insights

MARCH 28, 2016

In total, there were 13 fintech startups (or 15 by the Bank Innovations definition ), 12% of the total YC W16 class of 109. Point-of-sale financing for retailers. Debit card with company-driven expense rules. Nigerian online credit card processor. Total raised: Unknown. HQ: New York City. Source: Crunchbase. HQ: Sweden.

Company 12

Company Fintech San Francisco New York City 12

PYMNTS

JULY 20, 2017

And while to American audiences who are perhaps just beginning to warm to the idea of using Apple Pay or PayPal in a physical store, more interesting is that a short three years ago cash was very much still king among Chinese consumers, as card use has always been a somewhat limited phenomenon. The New Million Dollar Question.

Apple 137

Apple Mobile Cards New York 137

PYMNTS

JULY 11, 2019

To help make fashion more accessible to consumers, eCommerce innovators are allowing shoppers to rent their clothes and accessories through subscription box services. Customers can make their payments with any form of credit or debit card, and the company is looking to integrate with digital payment methods as well.

Maine 129

Maine Comparison Millennials Innovation 129

PYMNTS

SEPTEMBER 10, 2019

Once they agree to the terms and select a battery, they can make a payment via card (not cash). If the transaction is valid, the machine will vend a fully charged battery pack as soon as the card is processed. If they have an iPhone, for instance, they may need compatibility with a lightning connector.

Comparison 101

Comparison New York Mobile Company 101

PYMNTS

AUGUST 31, 2018

online grocery sales since 2017, the largest share of any single retailer and double its closest competitor. When linked to the Amazon Chase card, the cash-back makes the experience even more of a win, in addition to serving as a natural pull toward card/brand share shift. District 2: Walmart. Curbside pick-up: It’s a real hit.

Branding 101

Branding Florida Retail Online 101

PYMNTS

MAY 2, 2016

Apple has been so incredibly successful and innovative that there was no way the explosive growth could go on forever, you say. They trot it out as one of their great innovations. By comparison, it took Spotify about five years to get that many paid subscribers. BUT THEY COULDN’T GROW FOREVER. Now, I hear you. And I agree.

Apple 100

Apple US Payments Mobile 100