PYMNTS

MARCH 11, 2019

But interest in this technology is not limited to the food and beverage space, and is gaining traction in many different verticals. Retailers are becoming more interested in omnichannel offerings: The PYMNTS mPOS Tracker found that 67 percent of those surveyed listed it as a priority for this year.

Retail 213

Retail Technology Atlanta San Francisco 213

PYMNTS

MAY 28, 2020

As retailers scramble to capture the digital shift, it’s easy for some overlooked details, such as unanswered customer complaints, to harm their brands. To prevent this, a new category is emerging around the area of online reputation management , with a luxury automaker among the latest brands to embrace the technology.

Mobile 141

Mobile Technology Retail Payments 141

PYMNTS

JANUARY 22, 2020

And in tech, virtual reality (VR) and augmented reality (AR) are starting to make more significant gains in the retail world. All this, Today in Data. Data: 3,000 percent: Amount by which VR-enabled revenues are set to increase. 1.8B: Amount that virtual reality will generate through retail and marketing in 2022. .

Retail 141

Retail Innovation Technology Data 141

BankInovation

MAY 15, 2024

AI and generative AI applications continue to dominate conversations within the financial services industry, but implementing generative AI is near impossible if bank data isn’t standardized and accessible. What makes good data?

Data 117

Data Fintech Industry Technology 117

PYMNTS

OCTOBER 5, 2020

The Carrboro, North Carolina-based chain has used its technology-first strategy to get, keep and grow its customer base – even while its stores were shut down early in the pandemic. Even now that its stores are open, the retailer has discovered that its eCommerce, curbside pickup and virtual fitting services remain popular with customers.

Technology 131

Technology Retail North Carolina National 131

PYMNTS

NOVEMBER 16, 2020

And in technology, digital identity offerings have become more widespread in recent years to serve as alternatives or as a supplement to old-fashioned authentication methods. All this, Today in Data. 74% : Share by which Walmart’s U.S. eCommerce sales increased year over year in the first quarter.

Technology 156

Technology Retail Data Trends 156

Perficient

JULY 15, 2020

Various Enterprise clients across different verticals like Healthcare, High tech, Financial Services, Retail, Manufacturing, and Supply Chain etc. can leverage the Modern Data Platform approach. Marry in people, process and technology and you have Producers and Consumers with a great value add. Align them to Scores.

Data 497

Data Customer Experience Analytics Industry 497

PYMNTS

SEPTEMBER 21, 2020

And in retail, Amazon ’s sales of clothing and apparel have been on the uptick in the past few years. All this, Today in Data. Data: 76%: Share of Main Street businesses that have reported cash flow shortages. 45.6M: Expected number of U.S. mobile food delivery app users in 2020.

Retail 148

Retail Technology Maine Mobile 148

PYMNTS

OCTOBER 17, 2018

New technologies bring new opportunities to serve consumers, and retailers are offering their customers more digital options than ever to meet their wants and needs. They are innovating to meet consumer demand for new payment methods , and to improve customer convenience through technologies such as kiosks.

Innovation 144

Innovation Retail Data Meeting 144

PYMNTS

JUNE 7, 2020

Researchers at the social network giant described how data about human conversations is the key to improve shopping chatbots, according to a technical report shared by VentureBeat. In the furniture data, a user could interact with an assistant to get recommendations for items such as couches and side tables.

Training 177

Training Retail Data Report 177

PYMNTS

NOVEMBER 19, 2020

Afresh Technologies has raised $13 million in a Series A extension round to expand its fresh food management technology that helps grocers reduce food waste. The round was led by Food Retail Ventures and joined by existing investors Innovation Endeavors , Maersk Growth , and Baseline Ventures.

Technology 244

Technology Management San Francisco Retail 244

PYMNTS

JULY 23, 2020

All this, Today in Data. And in banking, the pandemic has transformed how a sizable share of clients interact with their financial institutions , with one major bank seeing a spike in daily mobile check deposits. 72%: Increase in FinTech app usage in Q1 2020. 10: Number of categories of livestreaming shows on Popshop. $3M:

Technology 166

Technology Retail ATM Data 166

Bank Innovation

DECEMBER 13, 2019

New data shows why significant gaps in mobile banking capabilities are complicating these FIs’ struggles to keep up. Underlying macro trends where big banks continue gaining share, data on product and feature-level propositions provides a granular view of […].

Mobile 300

Mobile Data Technology Trends 300

PYMNTS

AUGUST 5, 2020

In retail technology, Yotpo is helping brands capture the digital shift by making a compressed marketing stack for online shopping. All this, Today in Data. Data: 3,300: Number of employee participants in Macy’s Style Crew program. 78%: Share of consumers who have changed how they pay for things to reduce contact.

Retail 263

Retail Payments Google Branding 263

Abrigo

JULY 14, 2023

Practical advice for using data to develop and support institution goals Answering three questions ahead of strategic development discussions can ensure data drives your financial institution's efforts. Takeaway 2 Do you have the right technology to efficiently generate strategic insights now and on an ongoing basis?

Strategy 195

Strategy Data Analytics Analysis 195

PYMNTS

JANUARY 18, 2021

Every year for the last 110 years , members of the retail trade group, known as the National Retail Federation (NRF), have assembled to discuss the slate of issues pertinent to its members. COVID-19, of course, didn’t cause physical retail’s steep decline — it just accelerated it. Like this one. percent.

Retail 309

Retail Online Maine Branding 309

PYMNTS

MARCH 24, 2017

A new study from Oracle revealed that consumers are more willing to engage with brands that offer new retail technology if they are able to exert control over their experience. This signals brands to focus on building a strong foundation to win trust.

Retail 101

Retail Technology Study Branding 101

PYMNTS

JUNE 17, 2019

The smart technology field continues to be hampered by security issues even as solutions in the space are put to use in many cases. In pet technology news, Pawscout is helping owners find their wayward pets with a Bluetooth-enabled tag as pet retail becomes a fierce battleground. All this, Today In Data.

Technology 122

Technology Data Security Retail 122

PYMNTS

MARCH 9, 2020

Amazon is introducing its “Go” concept to other merchants interested in its “Just Walk Out” technology, Reuters reported on Monday (March 9). The eCommerce giant is in talks with other retailers and has “several” signed deals with unnamed customers. Amazon Go’s cashierless technology could grow into a $50 billion business, U.S.

Technology 198

Technology Retail Cards Branding 198

PYMNTS

JANUARY 21, 2021

In brick-and-mortar, retailers are overestimating demand for buy online, pick up in-store (BOPIS) , but they are underestimating demand for delivery. All this, Today in Data. Data: $276M : Amount that the Tastemaker SPAC received through its IPO on Jan. 38.3% : Portion of merchants that think consumers commonly use BOPIS.

Retail 155

Retail Google Data Tools 155

PYMNTS

SEPTEMBER 17, 2018

“Our mission is to create the most personal luxury shopping experience in the world, so we wanted an environment where we could initiate conversations with our customers and create a global sense of community enabled through the power of technology,” CEO Ulric Jerome said. The physical store is not an entirely unique experience.

Retail 122

Retail Technology Branding Community 122

PYMNTS

NOVEMBER 16, 2020

Rakuten , a Japanese tech company specializing in digital eCommerce solutions for retailers, is introducing a new subsidiary to bolster physical stores. Tentatively called Rakuten DX, the new unit will launch schemes for digital transformation at retailers’ physical shops, Rakuten said in a statement on Monday (Nov.

Retail 217

Retail Tools Online Meeting 217

PYMNTS

SEPTEMBER 10, 2019

Artificial intelligence (AI) and machine learning (ML) are starting to play a bigger role in retail, foreshadowing what’s to come in the new decade of the 2020s. According to PYMNTS research , AI and ML are blurring the divide between online and in-store shopping, and bringing an all-new human element into retail. Role of Data.

Retail 247

Retail Comparison Online Data 247

PYMNTS

JANUARY 16, 2018

One might just call this the age of unattended retail. Increasingly, retailers and other merchants are looking to give customers a more convenient and efficient experience by offering products and services via unattended kiosks. Clothing retail lags behind when it comes to kiosk deployment. market growing from $533.37

Retail 187

Retail Industry Data Florida 187

PYMNTS

JANUARY 13, 2021

Toshiba Global Commerce Solutions unveiled its ELERA unified commerce platform that will let merchants operate without the bounds of traditional retail IT infrastructures, according to a Wednesday (Jan. ELERA is currently used by the high-volume retail grocery and general merchandise verticals. 13) announcement emailed to PYMNTS.

Retail 170

Retail Big Data Analysis Community 170

PYMNTS

NOVEMBER 9, 2020

We are taking advantage of unused capacity,” Cooler Screens Chief Technology Officer Rob Dravenstott told PYMNTS in a recent interview. “We We are essentially taking glass doors that were probably underutilized and not asking the retailer for any additional physical space.”. sales lift is not a common thing.”.

Retail 277

Retail Innovation Video Chicago 277

PYMNTS

NOVEMBER 19, 2019

In retail, the Flat Tummy Instagram brand was able to make an effective algorithm that could accurately predict the effect an influencer would have on pushing its line of teas. All this, Today in Data. Wrench is serving as a mobile source of mechanics – and saving consumers a trip to the auto repair shop.

Retail 101

Retail Technology Innovation Data 101

PYMNTS

FEBRUARY 11, 2020

who would like to buy a wide variety of products and services through unattended retail channels, such as vending machines, self-service kiosks and even fully automated stores. This indicates not only a major gap between the demand for and supply of unattended retail options, but a huge potential for market growth. There are 48.7

Retail 153

Retail Data Examples Report 153

PYMNTS

NOVEMBER 16, 2020

When he first came up with the idea for an eCommerce technology company, Co-founder and CEO Finbarr Taylor was in the process of plowing through this story of medieval Japan. Shogun the company makes the details of running an eCommerce site easy enough for its users to live and profit from despite the deep technology that powers it.

Retail 226

Retail Regional Branding Tools 226

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.

Retail 203

Retail Boston Data Trends 203

PYMNTS

FEBRUARY 25, 2020

Retailers are facing a personalization paradox. Fifty-three percent of consumers want retailers to respect their anonymity in 2020; at the same time 61 percent want more personalization in marketing, messaging and promotions. Consumers are bailing on using voice-activated devices because they don’t trust personal data protection.

Retail 202

Retail social media Study Security 202

PYMNTS

APRIL 2, 2020

Retailers are under the gun to bolster their messaging and ordering capabilities for online shopping, as eCommerce becomes strained amid the coronavirus. All this, Today in Data. Data: 30K: Minimum number of retailers that are alerted to theft by Indyme’s sensors and hardware.

Retail 151

Retail Innovation Data Online 151

PYMNTS

DECEMBER 24, 2020

When it’s said and done there was only one story that mattered in the retail universe this year and it was the rise of the digital-first economy. They and others have succeeded because they entered the market independent of traditional retail, and because their business model fit the needs of the pandemic.

Retail 295

Retail Branding Minneapolis Trends 295

PYMNTS

JANUARY 12, 2017

They have high expectations for retailers, and they only want more. Studies say consumers are holding retailers to a higher standard than in past years. Predicting what shoppers will buy next has long been a dream for retail marketers, but very few have had the technology to pull off that vision,” said Alberino.

Data 100

Data Technology New York City Retail 100

PYMNTS

JANUARY 14, 2021

Retailers made all sorts of quick pivots to their eCommerce sites as the pandemic unfolded, but in-store legacy technology proved to be an obstacle for many of them. As COVID-19 has demonstrated, many retailers struggled to move fast enough to create sustainable operating models for curbside pick-up, contactless delivery and more.”.

System 189

System Retail US Data 189

PYMNTS

SEPTEMBER 9, 2020

Digital disbursement technologies have recently emerged, allowing consumers to access funds within a half-hour—or even within seconds, in some cases. And in retail, several reports are indicating healthy inventory positions as a point of optimism in retail’s comeback process. All this, Today in Data.

Retail 157

Retail California Data Technology 157

PYMNTS

OCTOBER 15, 2020

As new PYMNTS data show, they want to know about everything from shipping dates to available inventory to pricing to the exact time their package is being delivered curbside. It can drive user attention effectively, and it personalizes the way our technology works. GameStop has been a beneficiary of orchestration technology.

Retail 188

Retail Technology Branding Mobile 188