PYMNTS

FEBRUARY 10, 2020

Hire a data scientist. Give said scientist(s) a budget to lease a Tensor Flo server with Google and start parsing transaction data. Use data to build an algorithm. Start creating more customer data to feed the algorithm and then you too can join the artificial intelligence (AI) retail revolution. This is easy.

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Retail Boston Data Trends 203

PYMNTS

JANUARY 21, 2020

And nowhere is that aphorism better illustrated over the last decade than with the statistic that more than 90 percent of all retail sales took place at brick and mortar stores. It gave retailers the illusion that digital was the retail cart driven by the physical store horse. The answer, she noted, is complex.

Retail 168

Retail Innovation Data New York 168

PYMNTS

OCTOBER 22, 2018

Consumers have more retail modes than ever before, in more regions of the world – and a greater ability to expand and customize their commerce activities. Data: $13 billion: Projected worth of the self-service market by 2023. million: The number of smart vending machines forecast to be online in the Asia Pacific Region.

Data 182

Data Regional Fraud Course 182

PYMNTS

DECEMBER 26, 2019

Change came from various areas for retail in 2019. Retail merchandising was, at best, a hit-or-miss system in its heyday, Nextail CEO and Co-Founder Joaquin Villalba told PYMNTS in a recent conversation. However, it is increasingly out of data, and out of step with modern consumer behavior and preferences. Role of Data.

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PYMNTS

JANUARY 17, 2020

And in online shopping, eCommerce retailers such as eat2explore are helping to introduce families to new cuisines with boxes of recipes, spices, sauces and grains, among other items. All this, Today in Data. Data: 55 hours: Burn time of each small Otherland candle. Data: 55 hours: Burn time of each small Otherland candle.

Retail 130

Retail Millennials Regional Data 130

PYMNTS

JANUARY 2, 2020

All this, Today in Data. Data: 2020: The year that Anchor Shops, with a retail store and a fulfillment center, is set to open. 12: Number of additional stores that Anchor Shops hopes to build in the Philadelphia and New Jersey region. Smart FinTechs, however, are seeing opportunities in the education space.

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Retail New Jersey Philadelphia Payments 132

PYMNTS

JUNE 12, 2019

To bring their merchandise in front of millions of shoppers through eCommerce, several Goodwill regions are teaming with mobile marketplace OfferUp. With the tie-up, the items are listed under handles for regional Goodwill locations. The marketplace works with the Upright Lister tool from Upright Labs to help make inventory uploads.

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PYMNTS

AUGUST 31, 2020

is set to begin offering public access to an unprecedented level of data about the bags of coffee it sells, right down to the identity of the farm where it was grown and the roaster where it was prepared. The Seattle-based company says it is using blockchain technology to maintain and serve up the data. “We On Tuesday (Sept.

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Data blockchain Seattle System 140

PYMNTS

SEPTEMBER 21, 2020

For retailers, the fourth quarter of 2020 is likely to see a media blitz that will make other years pale in comparison. Unspent budget from big box retailers will be let loose as early as Oct. There are many critical aspects to SMB retail media strategy but two stand out this year: when to advertise and where to advertise.

Retail 169

Retail social media Marketing Branding 169

PYMNTS

MARCH 16, 2018

A lot of market data. Historically, large retailers tend to move more slowly. With those challenges in mind, StyleSage seeks to help brands and retailers through its competitive intelligence tool that works across four areas: pricing, assortment building, trends and promotions. Its technology works like Google , in a sense. “We

Analytics 162

Analytics Branding Retail Trends 162

PYMNTS

DECEMBER 15, 2020

Mailing is a huge problem, data quality is a core problem and there are statistics out there that say [improper addressing] costs U.S. Mailing is a huge problem, data quality is a core problem and there are statistics out there that say [improper addressing] costs U.S. That's no joke.”. Errors Are A Widespread Problem.

Data 183

Data social media cryptocurrency Maine 183

PYMNTS

MARCH 6, 2020

That’s the case with the new employment report from the Bureau of Labor Statistics, which showed that retail jobs held steady between January and February. Manufacturing, mining, wholesale and retail trade, and transportation and warehousing saw little change in employment for the month, the BLS said. Sometimes no news is good news.

Retail 150

Retail Report San Francisco Conference 150

PYMNTS

FEBRUARY 21, 2019

The city of Dubai will be hosting the first-ever IoT lighting conference in the Middle East, inviting panelists, professionals and engineers to view and develop IoT lighting uses for the region. Countries such as South Africa are looking to build out more infrastructure for the IoT, as consumer use in the region grows.

Security 180

Security Data Conference Regional 180

PYMNTS

JANUARY 3, 2020

Looking past the cheerful numbers tied to holiday shopping and the tens of billions of dollars spent on Black Friday, Cyber Monday and into Christmas, the decline of retail, at least the traditional retail model, continues into the new year, and across oceans. The retail sector is among the largest employers in the U.K.,

Retail 131

Retail Samsung National Taxes 131

PYMNTS

OCTOBER 23, 2018

To help shoppers check out without waiting in line, grocery retailers are rolling out entire stores centered around cashierless shopping experiences, enabling consumers to purchase fresh food and grocery items with a mobile payments app. ABI Research predicts that one million automated retail units will be in the Asia-Pacific region by 2023.

Retail 161

Retail Seattle San Francisco Metro 161

PYMNTS

MARCH 25, 2019

These items are fast, handle an increasingly large amount of personal and financial data and tend to be prone to cybercriminals’ attacks. Department of Homeland Security (DHS) and data security and privacy practice chair of D.C.-based Approximately 20 billion IoT-enabled devices will be connected by 2020. based law firm O’Melveny.

Security 205

Security Data Regulation Washington 205

PYMNTS

JULY 31, 2017

From news of it being ordered to pay out $142 million to its customers over fake accounts to spinning off parts of its business and a rather large customer information data breach, it’s understandable to see the amount of scrutiny and hardship Wells Fargo is undergoing. 69 | Number of laid off executives in Wells Fargo’s retail units.

Data 100

Data Regional Policies Retail 100

South State Correspondent

JUNE 14, 2024

Bankers don’t know what they don’t know, and few bankers outside of national and regional banks have experience with platform selection when it comes to digital banking platforms. As such, banks often must have separate platforms for retail customers than they have for commercial customers. The other major issue is control.

Digital Banking 195

Digital Banking Customer Experience Meeting Analytics 195

PYMNTS

SEPTEMBER 28, 2020

Banks, businesses and consumers fundamentally altered how they interacted with each other in the early months of the COVID-19 pandemic — and regulators tasked with making sure their data and payments are kept safe took notice. Regulators in countries like Egypt have only recently rolled out their data protection rules.

Online 151

Online Report Payments Regulation 151

PYMNTS

AUGUST 23, 2017

Cloud-based software firm Tulip Retail , which provides a mobile app suite for store associates in retail settings, has raised $40 million in its latest funding round. ” Tulip expects to open an office abroad in response to growing demand in international regions such as Asia, Europe and South America. .

Retail 101

Retail Software Mobile Online 101

PYMNTS

FEBRUARY 3, 2020

There was lots to watch in the world of payments and commerce last week, with red flags flown in physical retail, international commerce and crypto. Physical Retail Stumbles Into 2020 . The year got off to something of a rocky start for physical retailers, as the recent spike in store closures carried on and even picked up strength.

Bitcoin 132

Bitcoin Data Retail Charlotte 132

PYMNTS

DECEMBER 7, 2020

The digital shift in retail is a global phenomenon. Our study examines nearly 30 digital features, from mobile order-ahead to data protection, and breaks them into five categories based on what they offer, such as making the shopping experience more economical, safer or convenient.

Data 191

Data Study Online United States 191

PYMNTS

DECEMBER 11, 2019

Amazon had record sales on Cyber Monday orders, but had to contend with regional winter storms. However, deliveries were still on time, with Amazon calling the ShipMatrix data “inaccurate.”. Amazon launched one-day delivery in April, prompting FedEx to cancel its agreement with the online retailer. ShipMatrix said that 93.7

Data 131

Data Regional Trends Retail 131

PYMNTS

JULY 2, 2020

Orders to stay at home have consumers spending more on subscriptions – from streaming services to purchasing retail merchandise for day-to-day use. And in retail, the pandemic is likely to hit demand for luxury goods , with leisure travel in a downturn for some time. All this, Today in Data.

Regional 130

Regional Retail Data Payments 130

PYMNTS

OCTOBER 12, 2020

The company aims to boost retailers' ability to gather inventory for their stores. The MENAP region has a significant opportunity to increase its economic prosperity by unlocking the productivity delta that exists between the region and global benchmarks," they said in a statement.

Regional 249

Regional Retail Payments Mobile 249

PYMNTS

MAY 27, 2020

The data reflects findings and commentary from business owners as measured through May 18. The Beige Book takes commentary from various regional Federal Reserve banks and drills down into what the Fed terms “anecdotal information” to paint a portrait of the economy ’s current state. Where might there be some green shoots?

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St. Louis Data Regional New York 142

PYMNTS

AUGUST 28, 2017

While it’s impossible to predict the effects the hurricane will have on retail, a review of the damage from previous storms can shed some light on how hurricanes have historically affected retail businesses. When Hurricane Matthew hit the east coast last year, retail sales at clothing stores fell by 6.8 Of that, $32.1

Retail 103

Retail Texas Louisiana New Jersey 103

PYMNTS

OCTOBER 22, 2018

And New England isn’t the only place enjoying the autumn chill as it sets in — although we are perhaps enjoying it more colorfully with the region’s famed foliage. The report excluded data on shop-at-home purchases and includes information about frauds reportedly directly to the FTC between January and September of this year.

Data 134

Data Fraud Cards Regulation 134

PYMNTS

NOVEMBER 2, 2016

While net retail sales have increased 31 percent since 2009, eCommerce has doubled in that same time. predicts that half the 1,100 regional malls in the U.S. 31 percent | Net retail sales increase since 2009. regional malls that could close by 2026. 31 percent | Net retail sales increase since 2009.

Data 100

Data Regional Retail Online 100

PYMNTS

MAY 8, 2020

By early 2019, Samsung Pay’s international presence grew to six global regions. has seen slow adoption compared to other regions. Growth is being fueled in part because more retailers are participating. By 2018, about 50 percent of retailers and restaurants starting accepting Apple Pay. smartphone users. .

Samsung 230

Samsung Management Cards Regional 230

PYMNTS

SEPTEMBER 9, 2020

“Job openings rose in a number of industries, with the largest increases in retail trade (+172,000), health care and social assistance (+146,000), and construction (+90,000),” the agency wrote in the narrative accompanying the announcement. The number of job openings increased in the South and Midwest regions.”.

US 142

US Regional Retail Report 142

Bank Innovation

JANUARY 2, 2020

Gartner’s Digital IQ Index for 2019 surveyed 80 banking and financial brands, including national banks, regional banks, online banks and fintech startups. It examined 1,200 data […].

Regional 273

Regional Study Survey National 273

PYMNTS

AUGUST 25, 2019

Launched in August 2018, Wanwu Xinxuan is an online retail platform selling children’s apparel, shoes and accessories. Look Who’s Charging is integrated with a number of Australian banks, with data available to millions of Australians within its existing digital banking apps. The terms of the deal weren’t released.

Data 109

Data Fintech Lending Regional 109

PYMNTS

NOVEMBER 1, 2020

Amazon is suspending advertising related to pre-Black Friday campaigns in France after coming under fire from at least one government official who said it was unfair for the online giant to flex its digital retail muscle just as a new pandemic shutdown forces small shops and restaurants to close, Reuters reported.

Retail 206

Retail Regional Policies Operations 206

PYMNTS

DECEMBER 30, 2016

This year has been big for retail — big on change, innovation and some surprises along the way. Consumers flocked to online and mobile commerce , robots rose in food and consumer goods , and brick-and-mortar stayed relevant with retail experimentation — pop – ups , flash sales , store-in-store and showrooms.

Retail 123

Retail Online Customer Experience Trends 123

PYMNTS

SEPTEMBER 14, 2018

We do not engage in surge pricing, and product prices do not fluctuate by region or delivery location,” an Amazon spokesperson noted. “We billion in consumer and retail sales (including restaurants) were lost to Irma, while Hurricane Harvey cost businesses around $1 billion. According to Planalytics, roughly $2.75

Retail 135

Retail North Carolina Puerto Rico Houston 135

South State Correspondent

DECEMBER 8, 2023

Every Bank Has a Certain Level of Small Business Banking Channel Confusion While few said it, almost every major bank implied some level of channel confusion with small business banking as it overlaps with retail, commercial, and specialty lines of business. However, this was the most common structure.

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Conference Retail Community Bank Technology 195