PYMNTS

MAY 13, 2020

Online pizza delivery firm Slice was the beneficiary this week of a $43 million investment from private equity firm KKR & Co. This is leading to innovations in the digital space as sellers begin to eye creative means of catering to people who are very into delivery services right now.

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PYMNTS

JANUARY 6, 2020

And, in beauty retail, online hair and body care brands such as Ouai are growing their presence in the physical world by bringing their products into brick-and-mortar stores like Ulta Beauty. iPhone app-enabled marketplaces such as Trainiac are letting consumers work one-on-one with a personal trainer. All this, Today in Data.

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PYMNTS

MARCH 12, 2020

There is never a good time for the emergence of a global disease, of course, but certain periods are markedly worse than others. An Opportunity for Innovation . As the situation evolves, Wang told Webster, the innovative responses are doing the same. The Holistic Approach. As a result, the company’s sales reached 44.73

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PYMNTS

OCTOBER 18, 2018

According to the PYMNTS Retail Innovation Readiness Index , 85 percent believe they need to innovate to stay competitive. And among large retailers, 82 percent said innovation is necessary for continued success. Betting that its popularity with online shoppers will translate into brick-and-mortar sales in Washington, D.C.,

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PYMNTS

NOVEMBER 9, 2018

percent of retailers have said they innovate to improve customer loyalty. That, in fact, is one of the main findings in the new Retail Innovation Readiness Index from PYMNTS, powered by FinTech firm AEVI. Things have changed, though, he said — one reason why that innovation finding carries such weight. “I Innovation Divide.

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PYMNTS

SEPTEMBER 9, 2019

It’s also the start of another football gambling season — one that involves mobile commerce and digital payments, and companies trying to innovate their way to success in this growing field of transactions. Payments, of course, are a vital part of the whole legal betting process. More Innovation. Some 15 percent of the U.S.

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PYMNTS

JUNE 12, 2019

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. Science and invention are collective pursuits. The basic idea behind LISNR is to send data securely via audio. Customer Journey.

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PYMNTS

MAY 23, 2019

When it comes to innovation, go to the source. has joined the ranks of companies and brands setting up innovation labs. QSR Innovation. The PepsiCo innovation effort comes at a time of significant technology development in the world of restaurants, including quick service restaurants (QSRs). Mobile Innovation.

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PYMNTS

JANUARY 1, 2021

As reported in this space , the DSA and DMA cover online marketplaces, social media and other platforms. The proposal also mandates more disclosure on "online advertising and on the algorithms used to recommend content to users.". which of course is Brexit-ing the EU). In recommendations issued earlier in the month by the U.K.’s

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PYMNTS

NOVEMBER 3, 2020

Sprinkles , a Beverly Hills, California-based confectioner, was as prepared as a QSR could possibly be for the rush to online ordering, payments, pickup and delivery. Sprinkles adopted online ordering nearly a decade ago for custom cakes and catering. One bakery chain had a leg up when the pandemic changed everything.

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PYMNTS

NOVEMBER 29, 2019

Today, of course, is the day after Thanksgiving. you could be gearing up to buy gifts in store or online. You may have missed our coverage of a few of the retail innovators that are summed up below, arranged in no particular order, or perhaps you’ll want to revisit them anew. The Strength of SMBs In Innovation.

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PYMNTS

AUGUST 14, 2017

There seems to be an awful lot of piling on these days on the big online platforms. Ignoring, of course, that in its first months as a publicly traded company, Facebook lost about half of its market value and struggled to convince investors for more than a year of its ability to skate to where the puck was going — mobile.

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PYMNTS

DECEMBER 31, 2020

Morgan’s EMEA Head of Wholesale Payments Shahrokh Moinian, technological innovation is helping to unlock more opportunities for corporate treasurers to step up to this newfound strategic role of mitigating risk within their organizations. The other is technological innovation. According to J.P. Bill Marvin , CEO at J.P.

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PYMNTS

SEPTEMBER 10, 2019

Sometimes innovation in the commerce and payments space is a matter of a new technology or a new process. Amazon, of course, is the leader and main inspiration for such same-day delivery efforts. And beyond this warehouse news, the eCommerce company is also experimenting with other – perhaps sexier – shipping innovations.

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PYMNTS

FEBRUARY 11, 2019

But since it’s the data point that most use to define the online/physical retail sales split, let’s use it to project, based on historical trends what the world looks line in twenty years. Amazon, of course, owns Whole Foods and operates its own branded book stores and convenience stores. Investor activists think it should be eBay.

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PYMNTS

SEPTEMBER 30, 2020

But Johan Gerber , Mastercard ’s executive vice president of security and cyber innovation, told Karen Webster in a recent conversation that too often consumers are dealing with merchants they did shop with, but whose names showed up funny on credit card statements and weren’t immediately recognizable. “All

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PYMNTS

MAY 4, 2019

The realm of quick service restaurants (QSRs) is and actually always has been a pretty innovative space. In the modern digital era of QSR, it is almost impossible not to mention Starbucks and its myriad contributions to innovation — including the first really successful launch of a mobile wallet product in the U.S.

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PYMNTS

JUNE 20, 2019

In this case of retail innovation, that comes down to a former Snap executive taking on Amazon with the launch of a new eCommerce platform. According to a report from CNBC , “in many ways, Verishop aims to be a high-end and online version of a department store. The challenge, of course, is significant. High-End Retail.

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PYMNTS

NOVEMBER 20, 2020

“But I think people are now realizing that there’s a convenience factor in addition to the safety factor, around getting what you want and not wasting time going to a retailer,” he added, pointing to the discrepancy of discovering items are out of stock in-store versus the certainty of ordering something online and knowing it’s coming.

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PYMNTS

JANUARY 22, 2018

More important, perhaps, than the innovations they made on behalf of their more famous lead players, was how their contributions accelerated those innovations’ time to market. Innovation in payments and commerce has an unsung hero, too. And who will influence how innovation happens. From Betty Crocker to Boxed.

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PYMNTS

FEBRUARY 6, 2017

Online, of course, has taken a big leg out from under the physical store model, dominated by Amazon and others. After all, online retailers have a wealth of data at their keyboards and platforms, as customers spend and these online players can examine what people buy and why they buy it in real time.

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PYMNTS

SEPTEMBER 14, 2017

One of the key reasons for the complicated relationship – the term “frenemies” comes to mind – is that FinTech newcomers are demonstrating innovative approaches to traditional banking practices, including financial management services and money transfers, while older banks tend to be wedded to older systems.

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PYMNTS

JUNE 12, 2019

Online universities have become common as more students seek convenient, flexible ways to earn degrees. They are particularly popular among nontraditional students, like new parents who need to take classes at their own pace or full-time professionals who need to take evening courses to advance their careers.

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PYMNTS

NOVEMBER 14, 2019

The latest example of the power of those digitally-enabled innovative efforts comes from online freight marketplace operator Convoy. Founded in 2015, Seattle-based Convoy is among the biggest operators of online marketplaces that match truckers with shippers needing to move cargo,” the report said. Rowe Price Associates.

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PYMNTS

AUGUST 7, 2019

Automotive sales are increasing going digital — and more consumers are buying more used products of all types online. Online Auto Sales. The deal is not the only recent news involving the online retail sales of automobiles. Amidst all this, the sale of other used goods online continues to gain popularity. Retail Waste.

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PYMNTS

AUGUST 13, 2019

College is also a notable location for the rise of other retail innovation — including technology that is changing the quick-service restaurant (QSR) word, mobile order-ahead. The company also wanted to fill a void for students who avoided buying expensive course material by appealing to those who used sources such as online torrents.

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PYMNTS

JUNE 21, 2019

Mobile Innovation. College is also a notable location for the rise of other retail innovation — including technology that is changing the QSR word, mobile order-ahead. Subscriptions could eliminate some of these price frustrations, as they have in other areas of the education space with online platforms like Coursera and Education.com.

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Retail Innovation Mobile Course 100

PYMNTS

NOVEMBER 12, 2018

Connected devices are becoming ingrained in consumer shopping habits: More than 50 percent of shoppers made online purchases in seven of 13 product or service categories in the past seven days, according to the PYMNTS How We Will Pay Report , while 20 percent went online with mobile apps to buy food to eat at home.

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Innovation Samsung Apple Mobile 186

PYMNTS

OCTOBER 29, 2019

The real estate industry is a popular target for FinTech innovators, particularly when it comes to new services and products that target renters and homeowners. The opportunities of real estate FinTech are vast, and innovation is far from slowing down, according to Ian M. Back-Office Innovation. ” The Data Opportunity.

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PYMNTS

NOVEMBER 7, 2019

The general idea, of course, it to further personalize the consumer experience and also save customers the trouble of pulling out credit cards or phones to make purchases. Using cameras and software to recognize license plates is nothing new, of course. are now looking to follow suit.”.

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Retail Innovation Mobile Google 103

PYMNTS

APRIL 25, 2018

The latest Index, covering the first quarter of 2018, examined what the best innovators are doing and found it’s not enough to be just diving into digital — though that’s a start, given the generally poor state of QSR innovation. So what makes an innovative restaurant? Granted, that’s a slight increase of 0.7

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PYMNTS

MAY 1, 2019

Google appears to be losing steam in the ongoing race to dominate the online advertising market, and competitors Amazon and Facebook are taking advantage of the stumbles. Another issue is attached to this recent news: Searches – specifically, product searches, which help drive online commerce. YouTube Concerns.

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PYMNTS

FEBRUARY 18, 2020

The Internet of Things (IoT) and connectivity are, of course, taking root. He cited statistics estimating that about 6 million people move to cities each month, a migration akin to the population of Singapore. Data, Yes, But Insights, Too . Along with that connectivity comes data. It’s been said time and again that data is the new oil.

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PYMNTS

JULY 8, 2019

The move, of course, is inspired by what Amazon is doing in its Amazon Go grocery stores. The paper noted that many such retail innovation efforts for grocery start in Europe. often pioneer new technology like online delivery and self-payment kiosks that their American peers eventually adopt.”. the report noted.

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Perficient

FEBRUARY 18, 2021

The answer is yes, of course there are. Of course, Covid-19 has exposed digital weaknesses and accelerated digital transformation for all industries. Financial institutions that best leverage digital strategies and technologies in innovative ways will create new value for consumers and businesses. The Approach.

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PYMNTS

JULY 22, 2020

Goldman Sachs has predicted that online shopping will expand by 19 percent each year during the next three years to come, which marks a rise from its past forecast of 16 percent. Goldman Sachs also noted that eCommerce penetration rose to more than 40 percent in May from 16 percent of retail spending domestically in the first quarter of 2019.

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PYMNTS

SEPTEMBER 10, 2018

Long before innovators began talking about the power of ecosystems to transform commerce, scientists spent centuries studying them under microscopes in their labs. Decomposer for innovator large or small, established or emerging. An Ecosystem By Any Other Name. Substitute producer for buyer or supplier. Consumer for the end user.

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