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Retail banking trends to look out for in 2023

Independent Banker

ITMs and VTMs are popular retail banking innovations among community banks. What’s on the horizon for retail banking? According to a new report from PwC titled “Retail Banking 2025 and Beyond” (see sidebar), the retail banking industry is undergoing tremendous change—but, of course, community bankers already know that.

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Brookfield Asset Earmarks $5 Billion To Help Struggling Mall Retailers

PYMNTS

The funds will be managed by Ron Bloom, managing partner and vice chairman of Brookfield’s private equity arm, who said the focus would be on helping small businesses get back on their feet. “We Brookfield has been moving in on mall-centric retail for some time, acquiring all of the stake for U.S.

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The Helpful Robots Of Automated Retail

PYMNTS

High-level market intelligence about the $18 billion expected to be invested over the next three years is a major focus of the March 2020 Automated Retail Tracker™ from PYMNTS , which serves as a bimonthly breakdown of developments in this rapidly growing business sector. Amazon Go’ Cashless. And Amazon and 7-Eleven aren’t alone.

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Retailers Increasingly Turn To AI For Security And Efficiency

PYMNTS

Artificial intelligence (AI) is moving from cool concept toward everyday consumer reality, and signs of that innovation are increasingly appearing in the retail space. Take the issue of retail security as one example. Retail Trust and AI.

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As The Online Tax Man Cometh, Will Smaller Retailers Embrace Marketplaces?

PYMNTS

The ruling meant that online retailers could be mandated to collect sales tax — and taxes can be levied by states on firms that do not have physical presence in those states. One consideration is the fact that economic presence within a state means that retailers have to collect and remit taxes in those states.

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21 Predictions About Digital Health in 2021: Part III

Perficient

The Blue Cross Blue Shield of Illinois, Montana, New Mexico, Oklahoma & Texas (HCSC for short) is a great example of this model. To better manage the cost dynamics of these “retail” members, health plans will have to accelerate their direct-to-consumer efforts. These collaborations will further create defensible moats.

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Walgreens Launches New Loyalty Program, Ups Same-Day Service

PYMNTS

Deerfield, Illinois-based pharmacy chain Walgreens has launched a revamped customer loyalty program, myWalgreens , which promises its customers new benefits as the company closes down its previous offering, Balance Rewards. According to the company's announcement, myWalgreens members will get: 1 percent Walgreens Cash rewards storewide.