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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. “A

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Curbside Pickup and How It Impacts Your Retail Strategy

Perficient

Before the COVID-19 pandemic, retailers were already seeing enthusiasm from customers for more convenient ways to interact during the purchasing process. While some retailers have offered limited order pickup options for some time, this was often limited to certain verticals or a small sub-set of products. The Challenges.

Retail 322
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Revolutionizing the Way We Pay: The Top Payment Industry Trends You Need to Know in 2023

Perficient

Here are some of the biggest payment trends we’re forecasting for the new year. Therefore, in 2023, it is essential for businesses that use subscription commerce to offer a lot of variety and flexibility with their plan management to ensure they don’t ostracize customers. million this year and 94.4 million in 2024.

Industry 471
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Simon Properties Earnings Show Positive Trends For Brick-And-Mortar Retail

PYMNTS

The mall and outlet center real estate investment trust managed to post a profit despite a 91 percent occupancy rate and collecting on only 85 percent of its rents. Simon Properties continues to defy the odds, posting a pandemic-depleted but profitable quarter Monday (Nov. Our quarter over quarter sales, decrease is only 10 percent.

Trends 169
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Look To Gen Z For More Retail Trend-Setting

PYMNTS

So-called Generation Z is also driving much of the innovation when it comes to retail. To reach consumers on the hunt for offerings that are “clean and natural,” the retail chain rolled out its Everspring household brand. Gen Z Trends. As well, the brick-and-mortar retail shopping experience is still important to Gen Z.

Retail 148
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Digital Approaches To Retail And Corporate Spend

PYMNTS

Walgreens has followed in the footsteps of Walmart and Amazon to join the retailer-as-ad-agency trend , while BigCommerce recently launched Open Checkout to let developers, retailers and partners create tailored checkout experiences. And in B2B payments, virtual cards are helping firms manage spend in real time.

Retail 187
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TD Bank addresses the evolution of POS

Payments Dive

Mike Rittler, general manager of retail card services and personal lending at TD Bank, shares his insight on trends, transformative innovation and how the 'traditional check out' experience is on its way out.

Lending 418