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NEW REPORT: Are AI And ML Actually Transforming Retail?

PYMNTS

Artificial intelligence (AI) and machine learning (ML) are blurring the divide between online and in-store shopping, and bringing an all-new human element into retail. To learn more about how businesses are leveraging AI and ML technology to optimize their customer experience, click here to download the report.

Retail 158
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Retail Goes Remote

PYMNTS

That’s the mantra of innovators everywhere. It’s what’s turned the retail word upside down as consumers with their mobile devices have decided they’d rather buy from their couch with their mobile phone than schlep to the mall. In other words, kick the door wide open to remote retail. Meeting the consumer where they are.

Retail 100
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Payments 2016: The Year Of The ‘Ecosystem,’ Redefined

PYMNTS

Here is the response from Florin Arghirescu, SVP of business relationships and innovation at Synchrony Financial …. Use of technology in retail is no longer a trend, evidenced by a proliferation of solutions in 2016. Payments 2016: The Year Of The “Ecosystem,” Redefined. The point of sale (POS) is also changing the engagement model.

eBook 140
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Kroger Introduces Contactless Mobile Pay At QFC Stores

PYMNTS

According to the press release, the Kroger app will be compatible with “Apple Pay, Google Pay, Samsung Pay, Fitbit Pay, mobile banking apps and contactless chip cards, underpinned by near-field communication (NFC) technology.” So far, the contactless pay app has been introduced in 61 QFC stores.

Mobile 217
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Commanders In Chief: For Payments Innovation, Look Beyond The Pipes

PYMNTS

Until now, and particularly on the retail side, payments have been shepherded through batch processing, making the shift a fundamental one. From customers’ point of view, the biggest innovation has been mobile devices and the attendant ability to pay by phone via card transactions or mobile wallets.

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7-Eleven Now Supports Voice Orders Via Alexa, Google Home

PYMNTS

. “7Voice takes 7NOW ordering from screen to voice, enabling customers to order in whatever way they prefer that is most convenient to them,” said Raghu Mahadevan, 7-Eleven’s vice president of the digital customer experience. Using real-time tracking, customers can find out when to expect their orders to arrive.

Google 100
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Innovation All the Time

Independent Banker

Even with technology’s increasing influence on retail banking, it’s not typical for a community bank to have one of its most senior and trusted executives concentrate primarily on leading consumer product and payments innovation. Retail offices: 85. But then again, Rockland Trust Co. is not typical. Alex Jimenez. Rockland, Mass.