PYMNTS

AUGUST 12, 2020

To gauge the economic health and vitality of local economies, one need look no further than the financial stability of the small and medium-sized businesses that line the main streets and side streets of communities across the nation. One of the digital tools in which Main Street SMBs show great interest is real-time merchant fund settlement.

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PYMNTS

MAY 29, 2020

We have deep dives on Main Street’s digital shift, ATM innovation and PPP loans. The pandemic has sped up the digital roadmap for everyone in financial services, providing for more innovation in the last few months than had been seen during several years. NEW DATA: Inside Main Street SMBs’ Digital Shift.

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Maine ATM Innovation Millennials 130

PYMNTS

SEPTEMBER 19, 2019

Apparel used to be mostly a brick-and-mortar retail experience, but that has changed drastically over the last few years – and has been one of the main innovations when it comes to commerce related to the clothes we wear. But at this point, it is also mostly table stakes in the race to bring apparel retail online.

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Retail Innovation San Francisco New York City 137

PYMNTS

APRIL 2, 2019

It’s not enough to be a retailer these days, not if a merchant intends to survive in a world of commerce dominated by the likes of Amazon and other tech-focused competitors. Innovation is one of the keys to advancement — and that increasingly means opening tech hubs, incubators and other such operations. New Efforts.

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PYMNTS

AUGUST 4, 2020

The first half of 2020 was a tough time to run a small business on Main Street as stay-at-home orders closed down restaurants and retailers for much or all of the past five months. That requirement of rapid change left many Main Street merchants deeply shaken and worried about their futures.

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PYMNTS

JULY 22, 2020

But as is often the case during times of economic turbulence, the costs are being borne the most by Main Street SMBs that have been forced to furlough workers and close their doors (at least temporarily). Restaurants lead the pack among struggling Main Street merchants. business closures.

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Maine Honolulu San Francisco Data 140

PYMNTS

MAY 8, 2020

The crisis is hardly over, but post-pandemic reality is setting in for Main Street retail. The prevailing sentiment, as the crisis heads into its third month, is that more innovative government programs will be necessary to provide any meaningful relief. Policy put into place must target Main Street.

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Maine Groups San Francisco Lending 142

PYMNTS

NOVEMBER 25, 2019

Retail innovation comes from various places – and for the new decade, that includes quick-service restaurants (QSRs), the site of massive technological change. Loyalty, too, is a source of innovation. It is all but certain that in the new decade, QSRs will continue to drive retail innovation. Contactless Payments.

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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. Retail is now about logistics and the last mile.

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Retail Online Maine Branding 309

PYMNTS

NOVEMBER 17, 2020

Customer experience platform Narvar is partnering with real estate investment trust Simon to facilitate easier retail returns, according to a press release. Despite our deep roots in eCommerce, we've always believed in the persistent power of physical retail," Amit Sharma , founder and CEO of Narvar, said in the release.

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Retail Customer Experience Maine Regional 212

PYMNTS

DECEMBER 31, 2020

percent made voice-assisted purchases while shopping for groceries or retail goods in the last 24 hours. Main Street SMBs: The 18-Month Outlook. Main Street small- to medium-sized businesses’ (SMBs’) confidence of survival has progressed as the pandemic has continued. percent fewer Main Street SMBs are hopeful of survival.

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Data Innovation Payments Millennials 277

Bobsguide

JUNE 3, 2022

Auriga was recently honoured with the prestigious Peter Kulik Innovation Award from the ATMIA, the leading non-profit trade association representing the entire global ATM industry. Q: How do you feel about your Peter Kulik Innovation Award win? Q: Finally, do you have any thoughts on upcoming ATM innovations and trends?

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Innovation ATM Software Policies 147

PYMNTS

JUNE 21, 2019

Part of the future of retail is playing out inside hotels — and that’s happening as the wider part of the travel-and-tourism industry is undergoing its own significant disruption. One of the latest — and perhaps wildest — examples of the hotel-retail trend comes from Taco Bell, of all places. and Portland, Maine. Deeper Trend.

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Retail Innovation Los Angeles Indianapolis 116

Independent Banker

OCTOBER 31, 2022

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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PYMNTS

MAY 9, 2019

In today’s digital economy, with shopping as easy as the tap of a finger on a smartphone screen, brick-and-mortar retail businesses have no choice but to innovate to keep and grow their clientele. percent of these businesses view innovation as critical to their survival. More broadly, 44.8 and accommodation firms’ score of 34.1.

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Innovation Retail Survey Technology 197

PYMNTS

DECEMBER 19, 2019

As is often the case with technological innovation, business workers increasingly want the same convenience in their professional lives as they do in their personal lives. ” Opportunity On Main Street. “We can do that all automatically.” “Blue-collar small businesses spend big dollars on insurance. .

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Maine Policies Capital Online 131

PYMNTS

SEPTEMBER 14, 2018

Luxury style and quality brands, offered at a more middle-class price point and sold directly to consumers, is increasingly crowded terrain in apparel retail. Or, perhaps more accurately, through tactics that are so traditional they are surprising to see in a modern retail context.

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Retail Innovation Branding social media 134

PYMNTS

APRIL 9, 2019

Retail innovation labs – incubators or tech hubs – aren’t confined to operations run by the likes of Amazon or Walmart. A new lab store from 7-Eleven underscores the innovation wave that is taking place in the convenience store sector of retail – a sector ripe for change, disruption and growth. stores with the innovation.

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Innovation Millennials Dallas Retail 155

PYMNTS

APRIL 24, 2020

Main Street may not be able to save itself in the aftermath of the COVID-19 crisis. There’s no doubt that the pandemic has hit every part of the economy, in particular service businesses and retail,” Moudry noted. “We Activate will show growth and innovation,” she predicted. “We One of those is in Fairfax County, Virginia.

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Maine District of Columbia Virginia Community 130

PYMNTS

JULY 6, 2020

If your business touches retail in any way, it might pay to follow a few important breadcrumbs. Worse yet, some analysts fear the triggering of break-lease clauses for retailers in malls if anchor stores leave. All of this will only make malls an even tougher sell to consumers, and to retailers that want consumers to buy their stuff.

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Retail Meeting Branding Maine 259

PYMNTS

SEPTEMBER 14, 2020

But the one thing that might work is taking a page from the innovation playbook that Netflix seems to have written and followed over the last 22 years. A combination of forces — Netflix’s own content and technology innovations and advances in hardware and software — helped them consistently attract more eyeballs.

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Innovation Video Course Meeting 245

PYMNTS

NOVEMBER 19, 2018

But the same technology that enables those transactions also can bring the benefits of consumer intimacy to small and medium-sized businesses (SMBs) that are often struggling to win more market share in a retail world dominated by the likes of Amazon, Walmart and other large retailers.

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Retail Innovation Comparison Training 177

PYMNTS

APRIL 4, 2019

Out of the haze of uncertainty emerged a new mobile network, and from the new mobile network came new retail applications and experiences, all taking advantage of the faster speed of the technology, and the potential to reduce friction. 5G Retail Deal. 5G Retail Deal. VR Retail Growth. A new report also says the U.S.

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Retail Mobile Course Branding 177

PYMNTS

MAY 23, 2019

When it comes to innovation, go to the source. has joined the ranks of companies and brands setting up innovation labs. QSR Innovation. The PepsiCo innovation effort comes at a time of significant technology development in the world of restaurants, including quick service restaurants (QSRs). Mobile Innovation.

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Innovation Retail Operations Technology 148

PYMNTS

DECEMBER 28, 2018

Shoppers had new opportunities to buy groceries without having to walk through the aisles of their local supermarkets or wait in line at checkout counters this year, as grocers rolled out digital innovations in shopping and payments. It allows them to fully immerse themselves into the retail space with convenience and efficiency.”

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Innovation Sacramento Retail Kentucky 194

PYMNTS

JANUARY 14, 2019

It looks like we can finally have a serious conversation about the impending collapse of physical retail in the U.S. All it took was a 160-year old retailer and a $34 billion kick in the stomach to the retail sector to get everyone’s attention. retailer, Sears, which found itself standing at Chapter 7’s front door.

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Retail Online Mobile Data 198

PYMNTS

JULY 8, 2020

Small to medium-sized businesses (SMBs) are some of the main beneficiaries of these innovations, as they become more inclined to look into global eCommerce to add to their in-store sales. Payment providers are offering alternatives to cumbersome and opaque correspondence banking protocols with cross-border payments.

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Innovation Payments Maine Data 135

PYMNTS

MAY 11, 2020

Speaking at a virtual conference about the future of money, European Central Bank (ECB) executive board member Yves Mersch said a retail central bank digital currency (CBDC) is a game-changer. “A However, a retail CBDC, accessible to all, would be a game-changer, so a retail CBDC is now our main focus.”.

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Retail Conference Maine Policies 130

PYMNTS

APRIL 13, 2020

This ease explains why retailers and other businesses have been growing more interested in this area. Consumers are turning to their smartphones for everything from retail purchases to booking air travel and hotels to requesting refunds and other disbursements from online merchants. B2B Payment Innovation Struggles.

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Mobile Innovation Millennials Payments 232

PYMNTS

SEPTEMBER 8, 2020

He said retailers and service providers need to address such anxieties as they sketch out their digital and omnicommerce strategies and think about what new tech to put in place. As long as retailers focus on creating such safe spaces, he said, “the future is bright.”. And that is where a lot of stress is created.”. Gauthier said.

Innovation 223

Innovation Retail Millennials Tools 223

PYMNTS

AUGUST 29, 2017

Eliminating the Cartwheel app may be a learning curve for some consumers because Cartwheel is more popular than the main Target app, TechCrunch reports. The move is the latest in Target’s quest to boost its innovation strategy.

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Maine Innovation Strategies Strategy Digital Strategies 100

Bank Innovation

MAY 5, 2016

In the Pirates with Ties interview series, we are interviewing people who are leading digital transformation and innovation in major Financial Institutions. Roberto Ferrari, is the general manager of the retail bank Chebanca!, created in 2008 in the Mediobanca Group, the main investment bank in Italy.

Retail 150

Retail Maine Groups Innovation 150

PYMNTS

OCTOBER 23, 2019

As more retailers try to get more shoppers into their stores – not everything is about eCommerce, after all – new technologies are playing a big role. Many retailers use beacons now, but they’re almost always hidden,” that report said. retailers such as Target and Walmart have started implementing beacons in retail stores.”.

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Innovation Mobile Retail Regional 101

PYMNTS

MARCH 26, 2019

When it comes to implementing innovation, trying and succeeding are two different things. percent of them said they want to innovate to gain a competitive edge, while 75 percent seek to boost their sales revenue. percent intend to use innovation as a way to improve customer loyalty. As much as 77.4 Another 62.2 Another 62.2

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Innovation Survey System Technology 158

PYMNTS

SEPTEMBER 10, 2019

Sometimes innovation in the commerce and payments space is a matter of a new technology or a new process. That might not sound like such a big deal, but it really is – at least when it comes to Amazon and retail fulfillment in the U.S. Amazon, of course, is the leader and main inspiration for such same-day delivery efforts.

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Innovation Seattle California United States 243

PYMNTS

FEBRUARY 4, 2019

Microsoft was significantly behind that, with 5,903 patents, but that’s still good enough for the global major leagues when it comes to AI research and innovation. After that we will see areas such as retail, healthcare, manufacturing, transportation and automotive, and logistics, including warehousing/transportation/delivery.

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Innovation Study Fraud Technology 194

PYMNTS

DECEMBER 19, 2019

That’s because cameras are playing a much bigger role in retail, a trend that will keep gaining steam in the new decade. The Associated Press reports that cameras are, at least somewhat quietly, making inroads into a number of retail outlets in a bid to, well, get to know you. Security cameras are another area of innovation. “We

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Retail Software Video Course 131