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NEW REPORT: Retailers Face An Augmented Reality Check

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However, AR is now rewriting the rules of the retail game. A growing number of retailers are leveraging the technology to entice customers with a “try before you buy” shopping experience, having already been adopted by several big names in retail, including the likes of Walmart and Target.

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Deep Dive: Why Retailers Are Merging Online, In-Store Shopping For The Omnichannel Age

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These moves seem logical for consumers who have been barred from visiting brick-and- mortar retailers or who are wary of contact with cashiers or payment terminals due to the potential for viral transmission, but they are also likely to have a dramatic impact on the future of digital and in-store commerce. The rise of omnichannel .

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EXCLUSIVE: Who Is Generation Venmo – And How Can Retailers Reach Them?

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Generation Venmo, some 65+ million consumers who have downloaded and used the app, according to the new data released Tuesday (Jan. Finally, it seems that for Venmo customers, social commerce is increasingly commerce in context. 19), skews younger and slightly more affluent than the typical consumer.

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T-Mobile And Sprint Merger Puts Spotlight On 5G At Retail

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For retailers, 5G stands to be an opportunity to get closer to consumers and amp up the in-store experience. Retailers won’t have to wait that long to see an impact because limited 5G networks will be a reality much faster than 2024. Intel is already working with a retail solutions provider in China that is bringing 5G to life.

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Today In Payments Around The World: JD.com Works With China’s Central Bank On Cryptocurrency; US Users Rush To Get WeChat App

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WeChat users are reportedly racing to get the Chinese mobile payment, messaging and social media program. The eCommerce retailer has reportedly entered into a relationship with the People’s Bank of China (PBoC)’s Digital Currency Research Institute. Americans Rush To Download WeChat App In Advance Of Ban.

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ICICI Launches Banking Services On WhatsApp

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As retailers determine the best ways to reach retail customers during the coronavirus pandemic, ICICI Bank launched its banking services on Monday (March 30) on WhatsApp. . Non-ICICI Bank retail customers can access the benefits of ICICIStack by opening instant savings accounts online.

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NEW DATA: Relevance Test: Majority Of Consumers Find Bank Web Content Lacking

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Forty-two percent of respondents report using mobile apps as their main source for financial education, and 36 percent report using social media to learn about financial products. Rich media content such as on-demand video, meanwhile, is an appealing tool for accessing relevant, targeted information for nearly half of consumers.

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