Bank Innovation

JANUARY 24, 2019

INV Fintech, the technology accelerator run in partnership with Fiserv, has opened its Demo Day event to financial institution executives attending Bank Innovation Ignite. Previously, only INV Fintech members were permitted to attend Demo Day on March 11 in Seattle.

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PYMNTS

MARCH 31, 2020

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.

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PYMNTS

OCTOBER 23, 2018

To help shoppers check out without waiting in line, grocery retailers are rolling out entire stores centered around cashierless shopping experiences, enabling consumers to purchase fresh food and grocery items with a mobile payments app. The projected value of the global self-service market by 2023 is $13 billion. In the U.S.,

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Bank Innovation

FEBRUARY 24, 2016

After a difficult deliberation, 10 early-stage fintech companies were selected by a team of judges to compete in this year’s DEMOvation Challenge, to take place in Seattle on March 1.

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PYMNTS

SEPTEMBER 14, 2018

Cashierless stores aren’t just for mega retailers like Amazon to sell prepared food from their kitchens or products from other producers: Beverage brands, among other companies, are getting into the action and choosing this checkout experience for stores that showcase their own products IRL (“in real life”) as a marketing tool.

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Bank Innovation

MARCH 21, 2019

Rapid prototyping and an innovation-oriented mindset are two characteristics that make a bank a good fintech partner, according to panelists at the Bank Innovation Ignite 2019 conference in Seattle last week.

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Bank Innovation

MARCH 14, 2019

Customers increasingly expect banks and other financial institutions to meet them where they are with full functionality, said panelists at Bank Innovation Ignite 2019 in Seattle on Tuesday.

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PYMNTS

DECEMBER 12, 2018

With the opening of Amazon Go in Seattle in January , Amazon arguably popularized the cashierless store concept. Since then, the eCommerce retailer has brought the store to other locations in the city and Chicago as well as one location on the way in Lower Manhattan. The Market.

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PYMNTS

MAY 2, 2019

” According to Fortune , the company will test the service in 18 markets: Austin, Texas; Charlotte, North Carolina; Chicago, Illinois; Dallas-Ft. We’re always looking to innovate and disrupt,” Singh said. Convenience store operator 7-Eleven is launching beer and cider delivery in select U.S. Louis, Missouri; and Tampa, Florida.

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PYMNTS

MARCH 11, 2020

A Newark Airport store will start using Amazon’s Just Walk Out cashierless technology on March 16, just days after the company announced it was licensing the platform to retailers, according to reports on Wednesday (March 11). . with new openings scheduled for New York, Chicago, Seattle and San Francisco on the agenda for his year.

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PYMNTS

AUGUST 16, 2019

Brick-and-mortar retailers are teaming up with social media platforms to curate labels for their stores and their websites. Kohl’s , for instance, will bring emerging brands to over 50 physical retail locations and online starting in the fall through Curated By Kohl’s. In Other Brick-and-Mortar News.

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PYMNTS

AUGUST 9, 2019

Outdoor apparel retailers are reinventing their brick-and-mortar spaces to connect with customers by making stores into destinations that offer experiences. In the updated retail space, the company said, customers will “immediately feel The North Face heritage and experience the brand’s values.”

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PYMNTS

JULY 13, 2020

The greatest health crisis in a generation is poised to accelerate innovation at the intersection of healthcare , technology and payments as never before. We’re not in retail healthcare,” Walmart senior director of strategy and customer experience for health and wellness Matt Parry told MedCityNews. We’re in healthcare.

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PYMNTS

NOVEMBER 14, 2019

The latest example of the power of those digitally-enabled innovative efforts comes from online freight marketplace operator Convoy. Founded in 2015, Seattle-based Convoy is among the biggest operators of online marketplaces that match truckers with shippers needing to move cargo,” the report said. Rowe Price Associates. Uber’s Move.

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PYMNTS

MAY 4, 2019

The realm of quick service restaurants (QSRs) is and actually always has been a pretty innovative space. The drive-thru window, for example, first met the market in 1947 when it was introduced to the world by Sheldon “Red” Chaney, operator of Red’s Giant Hamburg in Springfield, Missouri. Each has a Whopper, French fries and a drink.

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PYMNTS

DECEMBER 7, 2018

Big retailers are opening smaller-format stores in major U.S. Already, the retailer has opened a Planning Studio across the pond in London in October. In the announcement, IKEA Retail U.S. As it stands, Amazon Go stores in Seattle, Chicago and San Francisco use the cashierless technology. restaurants.

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Bank Innovation

FEBRUARY 18, 2016

Bank Innovation is pleased to welcome Marley Gray, Microsoft’s director of technology strategy for blockchain and financial services, to our speaker faculty. Gray will discuss corporate banking and blockchains on March 1 in Seattle with JP Jolly of Citigroup and Deva Annamalai of Fiserv.

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PYMNTS

SEPTEMBER 27, 2019

Brick-and-mortar retailers are expanding their efforts to provide customers with health and wellness services while taking steps to train their employees for healthcare roles. said in the announcement about the offering, “Walmart aims to be the market leader in providing retail workers a path to careers in growing fields like healthcare.

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PYMNTS

AUGUST 10, 2018

Traditional retail locations, ranging from fashion and home furnishings to hardware and department stores, have been forced to make significant changes in the face of heightened competition from eCommerce giants like Amazon and omnichannel powerhouses, like Walmart and its online unit, Jet.com.

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PYMNTS

NOVEMBER 5, 2018

The move will bring 100 popular small businesses and digital brands on Facebook and Instagram into retail stores — just in time for the holiday shopping season. The Market @ Macy’s helps both emerging and established brands reach new audiences by showcasing them in a physical space inside Macy’s.

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PYMNTS

OCTOBER 16, 2017

And, speaking of making moves, this week’s Data Dive is dedicated to the retailers who have decided to start angling for poll position now, as holiday 2017 is still in the pre-show phase. Reports indicate that Amazon, if and when it enters the market, will expand its senior team with drug supply chain experts.

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PYMNTS

MARCH 10, 2020

In response to the COVID-19 outbreak, three Seattle entrepreneurs have created a wristband that vibrates when the person wearing it goes to touch their face, artificial intelligence (AI) startup Immutouch announced on Tuesday (March 10). It typically takes over a year to bring a product to market. Immutouch took 1/50th of that time.”.

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PYMNTS

JANUARY 29, 2018

After Ali Ahmed founded Dispatch , a service that allowed consumers to have goods delivered from retail stores through a text message, he noticed that customers would not buy fresh fruits and vegetables. Armed with this knowledge, Ahmed developed a mobile retail store concept that he calls the Robomart. Groceries and Beyond.

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PYMNTS

MARCH 20, 2019

Starbucks announced Wednesday (March 20) it is investing $100 million in the new Valor Siren Ventures fund, which aims to invest in the next generation of food and retail startup tech companies. Those areas are becoming more important to Starbucks as the company seeks to drive growth by inking external relationships to drive innovation.

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PYMNTS

NOVEMBER 30, 2020

And as much as there will always be demand for cash from small and middle-market lenders, Steinmetz said it’s important to remember that they’re not charities supporting locally-owned businesses. Innovation Vs. Incumbency. Innovation is a distraction and costs money, so they let the startups figure it out on somebody else’s dime.

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PYMNTS

JULY 22, 2019

Its current platform aggregates regulatory trade and logistics trade data to promote enhanced market research and risk mitigation services for its users, the company explained. That takeover agreement was reached for $14 million.

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PYMNTS

JANUARY 23, 2019

Named Scout, it’s a robot on six wheels about the size of a small cooler, the retail giant said in a blog post on Wednesday (Jan. We developed Amazon Scout at our research and development lab in Seattle, ensuring the devices can safely and efficiently navigate around pets, pedestrians and anything else in their path,” the company said.

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PYMNTS

SEPTEMBER 2, 2020

It’s the latest effort by the Seattle-based online retailer with a headquarters in Bengaluru, the center of India's high-tech industry, to intensify the competition in the mostly cash-based economy. It’s not going to be easy to win over the Indian FinTech market,” a source told Reuters. WhatsApp Pay debuted in India in 2018.

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PYMNTS

FEBRUARY 28, 2019

To provide retailers with an automated option for last-mile deliveries, shipping carriers are entering the world of robotics technology. According to the announcement, the company plans to experiment with the bot in markets such as Memphis, Tenn. — “pending final city approvals.”. along with DEKA Founder Dean Kamen (of Segway fame).

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PYMNTS

JUNE 26, 2019

In the digital age of shopping for clothes and accessories, modern-day consumers don’t want retailers to entertain them: Instead, they want these merchants to bring them an easy experience, offering seamless shopping in store and online. The company’s other Go locations are mainly on the West Coast in places such as San Francisco and Seattle.

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PYMNTS

JUNE 11, 2020

The digital shift continued to show its dramatic potential to change retailing today, as three companies announced major changes to their business models. Zara was not among the retailers seen to be at risk from the pandemic, so the move was something of a surprise. Zara’s announcement was the most dramatic.

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PYMNTS

JANUARY 30, 2018

After Green’s innovative merchandising concept, stores opened with various names — “bantams,” “dairy stores” and “vest-pocket grocery stores,” for example — but Green established a brand that has stood the test of time. Enter Amazon Go, a brick-and-mortar convenience store the eCommerce retailer opened last week in Seattle.

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PYMNTS

JULY 30, 2019

Our fully compliant solution allows businesses to feature a state-of-the-art retail customer experience for both in-store and delivery, while also providing in-depth business analytics and increased revenues for businesses.”. billion by 2020 — the industry is largely cash-based. billion by 2020 — the industry is largely cash-based.

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PYMNTS

OCTOBER 9, 2018

Omnichannel features are becoming more crucial as tech-savvy millennials gain more spending power and influence, according to the PYMNTS Enterprise Retail Grocery Report. Nearly 17 percent of consumers say having the ability to scan and pay with a mobile phone is the most important factor when choosing a grocery retailer.

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PYMNTS

APRIL 21, 2016

One of the most pervasive truisms of modern retail is that what Amazon does, other merchants will try to mimic. Sometimes, though, retailers have to band together to offer similar services to ward off the Seattle giant’s advance into their territory. But it’s been interesting because it’s actually galvanized everyone.”.

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PYMNTS

JANUARY 8, 2019

The retailer plans to pilot technology products using Microsoft’s Azure platform at two stores, one in Ohio and one in Washington. Kroger is seeking to bring new customer experiences to market faster, drive personalization with insights and help store associates become more productive. The Grocery Market.

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PYMNTS

SEPTEMBER 26, 2019

As autumn kicks in, retail trends are playing out that will have an impact on not only the 2019 holiday shopping season, but also commerce innovation in 2020. Artificial intelligence (AI), too, promises to get better, and is expected to play a bigger role in retail. Delivery also stands as a hot area of innovation.

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