INDUSTRY INSIGHTS YOUR PEERS ARE READING
” Earlier this year, Constellation Brands , which owns Robert Mondavi, Corona and Svedka, took a stake in Canada’s Canopy Growth — an up-and-coming player in the blooming marijuana industry. “It’s Retail canada Cannabis Cannabis Industry News walmart What's Hot MORE
continues to consolidate its payments industry, with its New Payment System Operator (NPSO) announcing the latest step in the initiative. The U.K. A press release on Monday (July 2) said the NPSO acquired the U.K. Payments Administration and has taken control of the nation’s check and credit clearing operations. The move includes the Cheque and Credit Clearing Company Limited (C&CCC) merging under the NPSO, it said. MORE
To say direct-to-consumer retail practices have had an impact on the manufacturing industry would be an understatement. With eCommerce a major proponent of the direct-to-consumer (DTC) channel and showing no signs of slowing down, the retail industry landscape has been forever changed. Zebra Technologies’ senior vice president and CMO, Jeff Schmitz, commented on the report’s findings and what it means for the future of the industry. MORE
Scotland’s economy has excelled in industrial industries such as shipbuilding, steel and petroleum, but the country is turning its attention to developing a rising digital tech scene. Glasgow is undergoing a transformation — from industrial powerhouse to leading digital technology cluster. In this week’s installment of PYMNTS’ Weekly Tech Center Roundup , one of the country’s thriving tech clusters, Glasgow, takes center stage. MORE
The automotive industry just had a head-on collision — with technology. He explained that the automotive industry is the one place where the concepts of IoT can be made very real to the mass market — where they will be able to see it, understand it and really feel its impact. With the onset of the IoT and a greater focus on innovation, it’s clear the automotive industry is quickly moving toward the opportunity for greater efficiency, McCammon said. MORE
Startups specializing in blockchain may have their eye on disrupting the $15 billion music industry. According to Forbes , the music industry stands to benefit greatly from the use of blockchain technology. These inefficient intermediaries leave the industry in a position where it is ripe for disruption. The mainstream channels for music distribution in the industry face two major challenges: payments and accessibility. MORE
Created in 2017, the API Standardization Industry Group has begun developing an application program interface (API) standardization “playbook” to help enhance support for payments and the business needs of financial institutions, companies, FinTechs and other industry stakeholders and participants. financial services industry — has been slow. NACHA and the Industry Group believe one of the biggest challenges is a lack of standardization. MORE
Credit card processing and cash vault services for the medical marijuana industry is now available in the USA,” says Jerry Kelly, National Market Sales, Go Green Processing in the press release. . The merchant POS system is designed with an eye on giving patients and customers complete freedom to interact with the medical marijuana industry just as they do with other businesses. MORE
After years of steady growth as other sectors of the fashion industry have declined or remained stagnant, there appear to be signs beginning to emerge that the booming appeal of the activewear industry may also be coming to an end. Last year, activewear sales grew by 16 percent, compared to a 2 percent rise in year-over-year sales for the total apparel industry, according to The NPD Group. MORE
Investors have been withdrawing funds from peer-to-peer lending platforms amid a wave of defaults across the industry in China. Those problems, cited by research firm Online Lending House, which tracks the peer-to-peer industry, includes investors not being able to withdraw money, police launching an inquiry into a platform or owners running off with the cash. Survival of the fittest is a law that the development of every industry must respect. MORE
In the 1960s, Avis turned to its marketing agency in hopes of tackling a challenge: the car rental company wanted to keep pace with Hertz, which was the top brand for car rentals. MORE
As the supply chain industry is one of the oldest businesses, it can sometimes be viewed as stodgy. While the industry has been around for well over a century, the term “supply chain management” wasn’t coined until the 1980s. Brody commented on how blockchain technology would play a role in supply chain productivity and profitability: “In almost any manufacturing and distribution-driven industry, the supply chain is how value is moved and created through the network. MORE
The latest victims in the crosshairs of this newly developed seamless service is the logistics industry. One of the major contributors to the upending of the logistics industry, via consumer demand, of course, is Amazon with its over 65 million Prime members. The move to closer locations is what’s known in the logistics industry as the “last mile” of delivery. This movement in the logistics industry has spurred entrepreneurs to develop innovative startups in the space. MORE
New foodservice technologies — including self-order kiosks, mobile ordering and EMV-enabled payment systems — are being introduced at a rapid pace. Operators with existing POS investments need to be able to integrate new capabilities into their existing systems MORE
While some still see augmented reality (AR) and virtual reality (VR) as technologies reserved for hardcore gamers, many have taken notice of the considerable potential for each across a variety of industries. We take a look at 19 industries that AR/VR is poised to transform. MORE
The Executive Summary is as follows: From Concept to Reality: How … The post How Blockchain will Reshape the Financial Services Industry (Research) appeared first on Chris Skinner's blog. MORE
Within the music industry, merchandise sales are a major driver of revenue for artists, both online and off. Retail crowdfunding ecommerce entertainment retail merchandising Music music industry on-demand commerce on-demand marketplace sku SMBs social commerce social media Teespring MORE
The post Five Ways Data Is Assisting the Construction & Civil Engineering Industry appeared first on Dataconomy. BI & Analytics Big Data Data Science Featured Industry Technology & IT MORE
According to research inside the Kiosk and Retail Report, a USA Technologies collaboration, by the time the next decade rolls around, the interactive kiosk industry market will be worth $1.073 billion. What’s more, the industry has already experienced some impressive growth, with the U.S. One might just call this the age of unattended retail. MORE
The race to be the dominating force in India eCommerce has another massive player entering the field: Billionaire Mukesh Ambani’s Reliance Industries Limited announced its intentions to enter the ring in Indian retail, with a platform designed to create an omnichannel experience for India consumers. Retail alibaba Amazon ecommerce Flipkart india News Reliance Industries Limited tencent walmart MORE
Advances in artificial intelligence (AI), blockchain, and cybersecurity are poised to transform the financial services industries. Perhaps no industry more than finance is more concerned about maintaining data privacy. IBM RegTech Innovations. MORE
Chinese internet group Tencent Holdings wants to expand into industries such as healthcare and connected cars as it faces tougher regulations in its home country. MORE
Late payments can threaten supply chains in any industry, but one sector in particular has seen the supplier payments struggle turn stark in recent days. Two of the airline industry’s largest players — Airbus and Lufthansa — are caught in late payment disputes, recent reports revealed, and issues can be traced back to contractual disagreements and struggles down the supply chain. MORE
The analysis within each report shows a clear trend towards industry consolidation. As the industry consolidates, the majority of institutions disappearing are disproportionately coming from the lower tiers. Is the consolidation good for the industry? MORE
In an effort to extend the European Union’s (EU) control over the financial industry following Brexit, the European Commission released a proposal on Wednesday (Sept. 20) which stated it would transfer some of the power to oversee the financial industry from each country’s capitals to the European Commission. Regulation Brexit EU European Commission finance industry News regulation U.K. MORE
The future state of self-service is turning the kiosk into a stand-alone store, and secure payment is one of the services that needs to be offered for it to be effective, says Ingenico's John Menzel, who recently shared his insights on EMV compliance in self-service MORE
Australia’s Institute of Public Accountants (IPA) is urging its members to “future-proof” their businesses as the industry heads toward disruption. Further, industry trends have led the traditional accountant model to become “obsolete,” reports said, meaning accountants have to embrace the more strategic role of advisor. “By MORE
But the industry could do some things to help bump adoption and incentivize merchants to accept NFC-enabled mobile payments Apple Pay, Google Pay and Samsung Pay aren't going anywhere, but U.S. consumers are not enthusiastic about using them at the physical point-of-sale. MORE
Sales of toys around the world are on the move: The NPD Group found that toy industry sales topped $18.4 In terms of regions, Mexico saw the most toy industry growth at 15 percent for the first half of the year. More than entertainment, brands have been an important trend to move the needle for the industry so far this year,” The NPD Group Global Toys Industry Analyst Frédérique Tutt said in a press release. toy industry rose by 7 percent to $7.9 MORE
Klever Logic has been making waves in the parking industry since its debut over five years ago. What attracted Goodner and other investors to Klever Logic was its potential to disrupt a massive industry that has lagged behind in upgrading its technology. “It’s It’s an industry dominated by large, multi-billion-dollar players that have been selling the same old parking technology to operators for decades,” said Goodner. “If MORE
China’s largest ridehailing app Didi Chuxing is breaking into the hotel booking business. The news comes as the company tries to recover from two highly publicized murders of female passengers by drivers on its platform, according to reports. MORE
Blockchain technology has the potential to impact nearly every industry involving money. If there was any industry that could be viewed as the definition of mundane and stuck in its ways, it would be insurance. To help better understand blockchain technology and how it is impacting the insurance industry, we sat down with global innovation platform Plug and Play ’s Principal and Director of InsurTech, Ali Safavi, and its Founder and VP, Scott Robinson. MORE
Ridesharing bitcoin Blockchain cryptocurrency EY food industry IBM Microsoft News Tesseract Toyota Toyota News What's HotBlockchain, the technology that makes cryptocurrency like bitcoin possible, is moving into the auto and ridesharing markets. According to a news report in Reuters , EY, the consulting unit of Ernst & Young Global, announced Wednesday (Aug. 30) it is launching a blockchain system that will let companies and/or individuals share vehicle ownership more easily. MORE
According to a new confidential industry report, the consumer side of British banking could soon find itself hard hit by Brexit. ” Europe Brexit britain economy European Union industry manufacturingJust over three months since Brexit, and the world is starting to see how it’s affected Britain and its economy. Some examples are too micro to overlook. Reuters reported that a British metalworking firm, Robert Bion & Co., MORE
Read more » The post The Five Building Blocks of the Automotive Industry Disruption appeared first on CU Direct Blog. Lending Marketing to Members auto industry customer relationships digital disruption disruptive innovators human experience innovation MORE
Others, however, have complained that a million listens on a streaming service are worth about $100 to the writer of the song, once the music industry has taken its cut. Out of The International Consumer Electronics Show (CES) last week — and with several high-profile artists and a few million new dollars in funding — music industry blockchain startup Vezt has recently captured an awful lot of mainstream attention. MORE
PYMNTS asked nine executives from a cross-section of the payments industry for their thoughts on how Equifax changes everything, and how it doesn’t. Sometimes events in the payments world are seismic ones. MORE
I thought one panel participant explained eloquently where the financial services industry is in the digital transformation journey when he put it in terms of the incumbent bank’s relationship with fintechs. MORE
eCommerce’s impact on the retail industry has no doubt been immense over the past decade. The cost to operate these new storage industry leases is a fraction of the profits at just $149 million. This type of profit margin has no doubt lured people into going into the storage industry for to store people’s prized possessions. Retail ecommerce News online shopping Public Storage self storage storage facilities storage industry MORE
The move from analog to digital — from paper to electronic payments — is an ongoing trend for a variety of industries, including construction and government. The rental industry could well be the next market to undergo that shift. More than 50 percent : That’s the amount of U.S. MORE
He explains to PYMNTS how mPOS providers can address those issues and serve taxi industry-specific needs, with features like instant settlement, multi-operator identity codes and others. MORE
Auto industry analysts are predicting extended Black Friday deals will offer a bump in car sales this year. Reports in Reuters said industry consulting and auto shopping website Edmunds is forecasting a 3.5 It also doesn’t hurt that automakers are starting to really sweeten the deals to clear out lingering 2017s and end this year on a high note,” said Edmunds’ executive director of industry analysis Jessica Caldwell in a statement Wednesday (Nov. MORE
In fact, the industry saw some 7,600 games released in 2017 alone — roughly 21 games per day. Those games may mean plenty of revenue for the industry, but staying on top of all the latest titles as they hit the shelves is an all but impossible task for even the most dedicated of gamers. MORE
Industry Related Topics PYMNTS
OCTOBER 10, 2018
” Earlier this year, Constellation Brands , which owns Robert Mondavi, Corona and Svedka, took a stake in Canada’s Canopy Growth — an up-and-coming player in the blooming marijuana industry. “It’s Retail canada Cannabis Cannabis Industry News walmart What's Hot
PYMNTS
NOVEMBER 15, 2018
It’s a combination of the latest technology and prehistoric human need: the increasing trend of using robots in the grocery industry.
PYMNTS
NOVEMBER 1, 2018
Chinese internet group Tencent Holdings wants to expand into industries such as healthcare and connected cars as it faces tougher regulations in its home country.
Insights on Business
OCTOBER 3, 2018
Advances in artificial intelligence (AI), blockchain, and cybersecurity are poised to transform the financial services industries. Perhaps no industry more than finance is more concerned about maintaining data privacy. IBM RegTech Innovations.
PYMNTS
OCTOBER 30, 2018
China’s largest ridehailing app Didi Chuxing is breaking into the hotel booking business. The news comes as the company tries to recover from two highly publicized murders of female passengers by drivers on its platform, according to reports.
PYMNTS
NOVEMBER 15, 2018
In the 1960s, Avis turned to its marketing agency in hopes of tackling a challenge: the car rental company wanted to keep pace with Hertz, which was the top brand for car rentals.
PYMNTS
JANUARY 16, 2018
Others, however, have complained that a million listens on a streaming service are worth about $100 to the writer of the song, once the music industry has taken its cut. Out of The International Consumer Electronics Show (CES) last week — and with several high-profile artists and a few million new dollars in funding — music industry blockchain startup Vezt has recently captured an awful lot of mainstream attention.
PYMNTS
DECEMBER 6, 2016
The automotive industry just had a head-on collision — with technology. He explained that the automotive industry is the one place where the concepts of IoT can be made very real to the mass market — where they will be able to see it, understand it and really feel its impact. With the onset of the IoT and a greater focus on innovation, it’s clear the automotive industry is quickly moving toward the opportunity for greater efficiency, McCammon said.
PYMNTS
NOVEMBER 24, 2017
Auto industry analysts are predicting extended Black Friday deals will offer a bump in car sales this year. Reports in Reuters said industry consulting and auto shopping website Edmunds is forecasting a 3.5 It also doesn’t hurt that automakers are starting to really sweeten the deals to clear out lingering 2017s and end this year on a high note,” said Edmunds’ executive director of industry analysis Jessica Caldwell in a statement Wednesday (Nov.
PYMNTS
OCTOBER 13, 2017
PYMNTS asked nine executives from a cross-section of the payments industry for their thoughts on how Equifax changes everything, and how it doesn’t. Sometimes events in the payments world are seismic ones.
PYMNTS
SEPTEMBER 19, 2016
Startups specializing in blockchain may have their eye on disrupting the $15 billion music industry. According to Forbes , the music industry stands to benefit greatly from the use of blockchain technology. These inefficient intermediaries leave the industry in a position where it is ripe for disruption. The mainstream channels for music distribution in the industry face two major challenges: payments and accessibility.
PYMNTS
JULY 3, 2018
continues to consolidate its payments industry, with its New Payment System Operator (NPSO) announcing the latest step in the initiative. The U.K. A press release on Monday (July 2) said the NPSO acquired the U.K. Payments Administration and has taken control of the nation’s check and credit clearing operations. The move includes the Cheque and Credit Clearing Company Limited (C&CCC) merging under the NPSO, it said.
PYMNTS
SEPTEMBER 29, 2016
According to a new confidential industry report, the consumer side of British banking could soon find itself hard hit by Brexit. ” Europe Brexit britain economy European Union industry manufacturingJust over three months since Brexit, and the world is starting to see how it’s affected Britain and its economy. Some examples are too micro to overlook. Reuters reported that a British metalworking firm, Robert Bion & Co.,
PYMNTS
MARCH 17, 2017
Blockchain technology has the potential to impact nearly every industry involving money. If there was any industry that could be viewed as the definition of mundane and stuck in its ways, it would be insurance. To help better understand blockchain technology and how it is impacting the insurance industry, we sat down with global innovation platform Plug and Play ’s Principal and Director of InsurTech, Ali Safavi, and its Founder and VP, Scott Robinson.
PYMNTS
JUNE 14, 2017
eCommerce’s impact on the retail industry has no doubt been immense over the past decade. The cost to operate these new storage industry leases is a fraction of the profits at just $149 million. This type of profit margin has no doubt lured people into going into the storage industry for to store people’s prized possessions. Retail ecommerce News online shopping Public Storage self storage storage facilities storage industry
PYMNTS
AUGUST 31, 2017
Ridesharing bitcoin Blockchain cryptocurrency EY food industry IBM Microsoft News Tesseract Toyota Toyota News What's HotBlockchain, the technology that makes cryptocurrency like bitcoin possible, is moving into the auto and ridesharing markets. According to a news report in Reuters , EY, the consulting unit of Ernst & Young Global, announced Wednesday (Aug. 30) it is launching a blockchain system that will let companies and/or individuals share vehicle ownership more easily.
Insights on Business
NOVEMBER 8, 2018
I thought one panel participant explained eloquently where the financial services industry is in the digital transformation journey when he put it in terms of the incumbent bank’s relationship with fintechs.
PYMNTS
JUNE 23, 2017
Created in 2017, the API Standardization Industry Group has begun developing an application program interface (API) standardization “playbook” to help enhance support for payments and the business needs of financial institutions, companies, FinTechs and other industry stakeholders and participants. financial services industry — has been slow. NACHA and the Industry Group believe one of the biggest challenges is a lack of standardization.
PYMNTS
AUGUST 16, 2018
The move from analog to digital — from paper to electronic payments — is an ongoing trend for a variety of industries, including construction and government. The rental industry could well be the next market to undergo that shift. More than 50 percent : That’s the amount of U.S.
PYMNTS
FEBRUARY 3, 2017
The latest victims in the crosshairs of this newly developed seamless service is the logistics industry. One of the major contributors to the upending of the logistics industry, via consumer demand, of course, is Amazon with its over 65 million Prime members. The move to closer locations is what’s known in the logistics industry as the “last mile” of delivery. This movement in the logistics industry has spurred entrepreneurs to develop innovative startups in the space.
PYMNTS
APRIL 21, 2017
As the supply chain industry is one of the oldest businesses, it can sometimes be viewed as stodgy. While the industry has been around for well over a century, the term “supply chain management” wasn’t coined until the 1980s. Brody commented on how blockchain technology would play a role in supply chain productivity and profitability: “In almost any manufacturing and distribution-driven industry, the supply chain is how value is moved and created through the network.
PYMNTS
JULY 6, 2018
He explains to PYMNTS how mPOS providers can address those issues and serve taxi industry-specific needs, with features like instant settlement, multi-operator identity codes and others.
PYMNTS
AUGUST 15, 2018
Sales of toys around the world are on the move: The NPD Group found that toy industry sales topped $18.4 In terms of regions, Mexico saw the most toy industry growth at 15 percent for the first half of the year. More than entertainment, brands have been an important trend to move the needle for the industry so far this year,” The NPD Group Global Toys Industry Analyst Frédérique Tutt said in a press release. toy industry rose by 7 percent to $7.9
Mobile Payments Today
MAY 29, 2018
New foodservice technologies — including self-order kiosks, mobile ordering and EMV-enabled payment systems — are being introduced at a rapid pace. Operators with existing POS investments need to be able to integrate new capabilities into their existing systems
CU Direct
FEBRUARY 12, 2018
Read more » The post The Five Building Blocks of the Automotive Industry Disruption appeared first on CU Direct Blog. Lending Marketing to Members auto industry customer relationships digital disruption disruptive innovators human experience innovation
PYMNTS
JULY 5, 2018
The race to be the dominating force in India eCommerce has another massive player entering the field: Billionaire Mukesh Ambani’s Reliance Industries Limited announced its intentions to enter the ring in Indian retail, with a platform designed to create an omnichannel experience for India consumers. Retail alibaba Amazon ecommerce Flipkart india News Reliance Industries Limited tencent walmart
PYMNTS
DECEMBER 9, 2016
Scotland’s economy has excelled in industrial industries such as shipbuilding, steel and petroleum, but the country is turning its attention to developing a rising digital tech scene. Glasgow is undergoing a transformation — from industrial powerhouse to leading digital technology cluster. In this week’s installment of PYMNTS’ Weekly Tech Center Roundup , one of the country’s thriving tech clusters, Glasgow, takes center stage.
Celent Banking
DECEMBER 2, 2014
The analysis within each report shows a clear trend towards industry consolidation. As the industry consolidates, the majority of institutions disappearing are disproportionately coming from the lower tiers. Is the consolidation good for the industry?
PYMNTS
NOVEMBER 28, 2016
Klever Logic has been making waves in the parking industry since its debut over five years ago. What attracted Goodner and other investors to Klever Logic was its potential to disrupt a massive industry that has lagged behind in upgrading its technology. “It’s It’s an industry dominated by large, multi-billion-dollar players that have been selling the same old parking technology to operators for decades,” said Goodner. “If
PYMNTS
JULY 23, 2018
Investors have been withdrawing funds from peer-to-peer lending platforms amid a wave of defaults across the industry in China. Those problems, cited by research firm Online Lending House, which tracks the peer-to-peer industry, includes investors not being able to withdraw money, police launching an inquiry into a platform or owners running off with the cash. Survival of the fittest is a law that the development of every industry must respect.
PYMNTS
AUGUST 1, 2017
To say direct-to-consumer retail practices have had an impact on the manufacturing industry would be an understatement. With eCommerce a major proponent of the direct-to-consumer (DTC) channel and showing no signs of slowing down, the retail industry landscape has been forever changed. Zebra Technologies’ senior vice president and CMO, Jeff Schmitz, commented on the report’s findings and what it means for the future of the industry.
Mobile Payments Today
MARCH 23, 2018
The future state of self-service is turning the kiosk into a stand-alone store, and secure payment is one of the services that needs to be offered for it to be effective, says Ingenico's John Menzel, who recently shared his insights on EMV compliance in self-service
PYMNTS
JANUARY 16, 2018
According to research inside the Kiosk and Retail Report, a USA Technologies collaboration, by the time the next decade rolls around, the interactive kiosk industry market will be worth $1.073 billion. What’s more, the industry has already experienced some impressive growth, with the U.S. One might just call this the age of unattended retail.
PYMNTS
MARCH 16, 2018
Australia’s Institute of Public Accountants (IPA) is urging its members to “future-proof” their businesses as the industry heads toward disruption. Further, industry trends have led the traditional accountant model to become “obsolete,” reports said, meaning accountants have to embrace the more strategic role of advisor. “By
PYMNTS
APRIL 20, 2018
In fact, the industry saw some 7,600 games released in 2017 alone — roughly 21 games per day. Those games may mean plenty of revenue for the industry, but staying on top of all the latest titles as they hit the shelves is an all but impossible task for even the most dedicated of gamers.
CB Insights
OCTOBER 25, 2018
While some still see augmented reality (AR) and virtual reality (VR) as technologies reserved for hardcore gamers, many have taken notice of the considerable potential for each across a variety of industries. We take a look at 19 industries that AR/VR is poised to transform.
Chris Skinner
DECEMBER 3, 2017
The Executive Summary is as follows: From Concept to Reality: How … The post How Blockchain will Reshape the Financial Services Industry (Research) appeared first on Chris Skinner's blog.
PYMNTS
OCTOBER 10, 2016
After years of steady growth as other sectors of the fashion industry have declined or remained stagnant, there appear to be signs beginning to emerge that the booming appeal of the activewear industry may also be coming to an end. Last year, activewear sales grew by 16 percent, compared to a 2 percent rise in year-over-year sales for the total apparel industry, according to The NPD Group.
Mobile Payments Today
JUNE 5, 2018
But the industry could do some things to help bump adoption and incentivize merchants to accept NFC-enabled mobile payments Apple Pay, Google Pay and Samsung Pay aren't going anywhere, but U.S. consumers are not enthusiastic about using them at the physical point-of-sale.
PYMNTS
SEPTEMBER 21, 2017
In an effort to extend the European Union’s (EU) control over the financial industry following Brexit, the European Commission released a proposal on Wednesday (Sept. 20) which stated it would transfer some of the power to oversee the financial industry from each country’s capitals to the European Commission. Regulation Brexit EU European Commission finance industry News regulation U.K.
Dataconomy
JULY 19, 2018
The post Five Ways Data Is Assisting the Construction & Civil Engineering Industry appeared first on Dataconomy. BI & Analytics Big Data Data Science Featured Industry Technology & IT
PYMNTS
MARCH 24, 2016
Within the music industry, merchandise sales are a major driver of revenue for artists, both online and off. Retail crowdfunding ecommerce entertainment retail merchandising Music music industry on-demand commerce on-demand marketplace sku SMBs social commerce social media Teespring
PYMNTS
JULY 14, 2017
Credit card processing and cash vault services for the medical marijuana industry is now available in the USA,” says Jerry Kelly, National Market Sales, Go Green Processing in the press release. . The merchant POS system is designed with an eye on giving patients and customers complete freedom to interact with the medical marijuana industry just as they do with other businesses.
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