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NYC’s Payoneer Acquires optile To Bolster Payment Technology

PYMNTS

New York City digital payment platform Payoneer is set to acquire the Germany-based open payment orchestration platform optile , Payoneer announced in a press release on Tuesday (Dec. optile’s orchestration platform was developed for global ventures to quickly expand to additional markets.

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2019: The Year Of Retailer And Delivery App Collaborations

PYMNTS

To help bring these options to more consumers, retailers and technology companies decided to join forces. Starbucks kicked off 2019 by adding additional cities to its delivery network through a partnership with Uber Eats. and Chicago. But delivery app growth has not been without friction this year.

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The Wild Ride Of Mobile Order-Ahead Apps

PYMNTS

Even New York City has now greenlit indoor dining, but the great restaurant sector reset of 2020 is far from finished. But the introduction of new systems also brings new cyberthreats that must be carefully managed. percent to 45.6 million in 2020 as consumers continue to heavily rely on these services.

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Salesforce Taps Amazon For Call Center AI

PYMNTS

Customer relationship management (CRM) firm Salesforce is expanding its partnership with Amazon Web Services (AWS) to offer customer service technology powered by artificial intelligence (AI), Salesforce said in a press release on Tuesday (Nov. The new services were announced at Salesforce’s Dreamforce conference Nov.

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Nike Introduces Smart Shoes

PYMNTS

In addition to helping its customers get the right fit, Nike plans to use the data from the Nike Fit scans to create shoes that fit better, as well as stock a better mix of sizes at its stores. The company has also been embracing technology to improve the customer experience.

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How To Make Sure Stores Don’t Die

PYMNTS

The idea, as explained in a new PYMNTS interview with Adam Levene, founder of a retail technology company called Hero , is to plug the physical store, so to speak, into the larger digital and mobile worlds where consumers are increasingly operating. And retailers are making bigger bets on [ omnichannel ] technology.”.

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Succeeding in the future of payments

Insights on Business

Exposure to operational risks, data breaches and fraud losses can rise as a consequence of adopting new payment types and channels. The future of payments will increasingly be shaped by fintechs who are quick to respond to market needs with new payment services that offer exceptional value and customer experience.

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