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Digital Technologies Drive Innovation In Retail, Payments

PYMNTS

In retail technology, Toshiba Global Commerce Solutions ’ new Elera system aims to supplant in-store IT systems with a new cloud-enabled technology. And in digital innovation, mobile payments are bridging the cash and digital divide in Pakistan. All this, Today in Data.

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Mobile payments prompt retailers, card networks to innovate

Payments Dive

Karen Katz, former president and CEO of Neiman Marcus Group, and Visa CEO Alfred Kelly shared insight, expectations and strategy during a panel talk at the NRF Big Show in January on boosting the retail mobile commerce customer experience.

Retail 272
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Small business mobile banking adoption higher than retail

Bank Innovation

consumers may be hesitant to adopt mobile payments, small businesses are more open to it. Power study reports that mobile banking adoption for small business owners has surpassed adoption for retail banking customers. Small Business Banking Satisfaction Study indicate that mobile banking […]. A recent J.D.

Retail 259
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How Video Games Are Helping Retailers Grow And Innovate

PYMNTS

Video games are helping to drive retail innovation and growth, and that includes the hot area of subscription commerce. This is only part of the innovation trend stemming from video games. In-store sales, notably, is where the retailer needs to see growth. percent, it wasn’t as much as the retailer wanted to see.

Video 248
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Deep Dive: How Customer Behaviors Drive Demand For Mobile Disbursement Innovation

PYMNTS

Companies are continuously trying to meet these customers where they are, which means they must offer their full range of services via mobile — including hassle-free disbursements. The demand for mobile disbursements comes as more consumers rely on their smartphones for their financial needs. The Mobile Disbursements Landscape.

Mobile 232
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Mastercard On Helping Retailers Strike The Right Innovation Balance

PYMNTS

And nowhere is that aphorism better illustrated over the last decade than with the statistic that more than 90 percent of all retail sales took place at brick and mortar stores. It gave retailers the illusion that digital was the retail cart driven by the physical store horse. Testing Innovation .

Retail 168
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How A Retail Incubator Could Produce The Next Big Innovation

PYMNTS

The myth of the lone (and possibly mad) scientist died out a long time ago, as the industrial age led to teams of researchers working together (or at healthy cross purposes) to enable innovation. That experience is one that is hard to gain as a vendor with new and exciting retail technology in the market.”. LISNR Case Study.