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Why AI Is Social Media Fraud’s New Best Friend

PYMNTS

It can be difficult these days to remember the almost idyllic promise of social media when it first entered the general consumer consciousness. That’s not to tempt one into nostalgia, or to suggest that social media has become marred beyond recognition. Digital Evolution. Fraud Increases. trillion in 2018.

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La Ligne’s Innovatively Old-School Approach To Fashion Retail

PYMNTS

Luxury style and quality brands, offered at a more middle-class price point and sold directly to consumers, is increasingly crowded terrain in apparel retail. Or, perhaps more accurately, through tactics that are so traditional they are surprising to see in a modern retail context.

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Why Pets Are Pulling Retail Innovation’s Leash

PYMNTS

Pet retail is having a moment, with innovation and other efforts helping merchants better reach owners of dogs, cats and other household animals. Pawscout, as it turns out, just launched its $20 pet tags in Walmart — and is selling the product via other retailers, Chavez told PYMNTS. physical retail landscape.

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Why Health And Fitness Are Driving More Retail Change

PYMNTS

Fitness and wellness are helping to change the face of retail in 2020. And, of course, habits vary according to factors like geography, age and even fitness level. Furthermore, consumers are always looking for variety, and for community — something a digital operation like ClassPass can help build in almost a social media-like way.

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Can Predictive Retail Really Take Off?

PYMNTS

Consumers might feel creeped out by all those hyper-precise and personalized ads on social media, but how many would mind – really mind – if, because of predictive eCommerce technology, their stocks of toilet paper never ran out? It’s not as though Amazon hasn’t thought of this, of course. Other Players.

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Bankrupt FTX’s new CEO outlines complete failure of corporate controls | BlackRock’s FinTech foray | Revolut races past 25m retail customers

Bussman Advisory

Revolut races past 25m retail customers. We offer advisory services for the executive team and in-person or virtual courses with tailored topics. The bedrock of investments: BlackRock’s FinTech foray. More information on www.bussmannadvisory.com. Contact us at info@bussmannadvisory.com for more details.

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Luxury Retail Still Taking A Pass On AI

PYMNTS

Earlier this month, Saks Fifth Avenue President Marc Metrick told CNBC that the luxury retailer didn’t need fancy artificial intelligence (AI) to help it succeed in the industry, despite the tectonic shift thrusting every other retailer into reliance on such technologies. Some luxury retailers are starting to offer such experiences.

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