PYMNTS

SEPTEMBER 8, 2020

Consumers are living in stressful times, and Patrick Gauthier , vice president at Amazon Pay , told PYMNTS in a recent interview that merchants working to prepare for retail’s new normal should start by addressing that. As long as retailers focus on creating such safe spaces, he said, “the future is bright.”. Gauthier said.

Innovation 223

Innovation Retail Millennials Tools 223

PYMNTS

JULY 22, 2019

Much of the excitement surrounding automated retail — aka cashierless retail — has been driven by Amazon Go, but the enthusiasm for “just-walk-out” technology has been tempered by the stores’ limited locations. The next wave of automated retail might be heralded by U.K.-based Unattended Retail Can Boost Sales.

Innovation 125

Innovation San Francisco Retail Study 125

PYMNTS

JUNE 15, 2020

As the growing app economy has brought innovation throughout 175 nations, Apple said Monday (June 15) the App Store ecosystem fostered $519 billion in sales around the world just last year. Mobile commerce apps brought in most of the sales in that area and retail was the biggest, arriving at $268 billion.

Apple 151

Apple National Study Retail 151

PYMNTS

JUNE 16, 2017

When it comes to the ramifications for the retail industry, a Deloitte study found that 56 cents of every dollar spent in retail stores today is influenced by digital interactions. As such, it would behoove retailers to invest wisely in incorporating social media strategies into their overall marketing campaigns.

Study 119

Study Online social media Retail 119

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.

Retail 259

Retail Meeting Branding Maine 259

PYMNTS

DECEMBER 21, 2020

You can see it in how investors are putting money to work in both consumer-facing and B2B startups, and how startups and incumbents are forging new partnerships to move innovation faster to market. Source: PYMNTS.com longitudinal study of over 40,000 consumers (data from the most recent panel on Nov. consumers — 47.2

Apple 227

Apple Study Innovation Survey 227

PYMNTS

NOVEMBER 21, 2020

All possible joking aside, going into the national day of giving thanks is going to be especially hard on some people this year, simply because of how very little the year has given them to be grateful for. are currently set to lose their unemployment benefits the day after Christmas, according to a study released on Wednesday (Nov.

Retail 179

Retail Community National New York 179

Bank Innovation

JANUARY 2, 2020

While large banks may not feel threatened by personal finance apps or digital-only challengers, they can learn from them on the digital onboarding front, a recent Gartner study observed. It examined 1,200 data […].

Regional 273

Regional Study Survey National 273

PYMNTS

DECEMBER 3, 2019

But a study from the National Restaurant Association found that just 18 percent of restaurants offer mobile ordering via their own apps, while 43 percent of consumers want such methods. Even so, innovators from third-party apps to restaurant chains themselves are offering mobile options that extend beyond delivery.

Innovation 130

Innovation Mobile Fraud Cards 130

Chris Skinner

JULY 5, 2017

One of the first to be contactless and, more recently, one of the first to offer social retail banking. If nothing else, I love Turkey for their cheesy adverts: In this latest update BKM, the ACH for most of the retail banks, provides the story of Troy, the first and only national payments scheme of Turkey.

National 300

National Cards Innovation Payments 300

PYMNTS

NOVEMBER 2, 2020

In years to come, it’ll be hard to find anything as studied and surveyed as COVID-19’s effects on commerce. Payments Innovation Leads the Way . As Mastercard EVP of Products and Innovation Jess Turner recently told PYMNTS, “consumers want cards, they want them quickly, and they want those cards [delivered] in a digital way.”.

Study 205

Study Cards Payments Innovation 205

PYMNTS

NOVEMBER 9, 2016

The report addresses drivers for innovation, the need for omnichannel retailing, as well as payment security and consumer trust. According to the study, SMBs are losing all that money each year via cash payments. The stats we’ve seen come out of this study are part of a wider trend. We know that cash is in decline.”.

Report 176

Report Study Trends Innovation 176

PYMNTS

AUGUST 17, 2020

The Commerce Department released July’s retail sales last week, showing an increase in seasonally adjusted retail spending – up 1.2 Analysts reported that physical retail sales, seasonally adjusted, were up 2.7 And what we also see is only one part of the retail sales story. percent growth in June.

Retail 335

Retail Branding Online Report 335

PYMNTS

JANUARY 25, 2021

a circumstance that almost certainly relates to the pandemic’s severity in the nation. Our latest study is based on a survey of more than 2,000 consumers and 500 merchants in the U.K., PYMNTS’ latest research shows that the shift toward digital shopping channels has been particularly strong in the U.K.,

Study 222

Study United States Online Innovation 222

PYMNTS

JANUARY 21, 2020

JPMorgan has created a $100 billion funding arm to expand investments in emerging markets and help the United Nations meet its sustainable development goals. Mastercard on Helping Retailers Strike the Right Innovation Balance. JPMorgan Creates $100B Funding Arm to Help UN.

Retail 130

Retail Groups Payments Innovation 130

PYMNTS

JANUARY 12, 2020

A study by industry advocacy group National Association of Convenience Stores showed that convenience store sales are up by around 30 percent over the past decade, and the number of stores has grown by around 28 percent since 2000. Instead, he said, stores smaller than the big chains need to innovate to survive.

Innovation 131

Innovation Study National Groups 131

PYMNTS

JULY 7, 2017

Generation Z are the next up-and-coming group of shoppers who retailers are turning to for the future of retail. Get ready, retailers. The buying power of Gen Z comes out to $44 billion, according to an IBM and National Retail Federation study. They appreciate the hands-on experience of shopping in a store.

social media 120

social media Millennials Retail Study 120

Bank Innovation

SEPTEMBER 28, 2018

Power's annual National Banking Satisfaction Study, beating last year's winner PNC Bank by a few points, but the rest of the contenders stayed in the same place as last year. JPMorgan Chase took the number one spot in customer service in J.D.

UX 150

UX Report Study National 150

PYMNTS

NOVEMBER 16, 2020

PYMNTS fielded a national consumer study of 2,806 U.S. More than anything, though, this study sought to quantify how many U.S. In this, PYMNTS’ 14 th study of a national sample of now roughly 40,000 consumers since March on their sentiment about COVID and the digital behavioral shifts it has caused, we learned a lot.

Study 270

Study Retail Millennials Conference 270

Abrigo

DECEMBER 10, 2019

ABA study shows banks are reporting more cases of EFE. According to the National Council on Aging (NCOA) this heartless crime is most likely under-reported due to the victims’ fear, shame and embarrassment. What the ABA study determined is that financial institutions of all sizes continue to focus on elder fraud prevention.

Fraud 284

Fraud Study United States Training 284

PYMNTS

NOVEMBER 29, 2018

What’s more, recently released studies have shown that employees are becoming less wary of their companies’ IoT plans, which could fuel growth, while service providers are also encouraging companies to engage in new IoT solutions. billion in 2017 to a grand total of $434.9 billion by 2023. These concerns aren’t unfounded, either.

Trends 173

Trends Security Study California 173

PYMNTS

JANUARY 20, 2021

The study went on to note that such economies’ “significant headroom for growth would make them highly attractive to innovators and investors.”. There are indications, too, that investments and interest in payments digitization will not be confined to consumer/retail transactions.

Payments 182

Payments ATM Training Study 182

Celent Banking

APRIL 7, 2017

Undoubtedly, the highlight was attending Celent's Innovation and Insight Day on April 4th, where we celebrated achievements of the Model Bank and Model Insurer award winners. Consumer Banking Channel Innovation. National Australia Bank, Australia. Product Innovation. Millennium BCP, Portugal. Branch Transformation.

Case Study 189

Case Study Boston Risk Management Study 189

PYMNTS

AUGUST 10, 2016

What we do know, however, is that efficiency-driving innovation will have its place, come whatever market environment,” Joshua Kempf, cofounder and CEO of online B2B industrial products distributor Gaveteiro.com.br , explained in his TechCrunch piece. Canada and Brazil. It looks like it’s no harm, no foul for Apple.

Innovation 100

Innovation Apple social media America 100

PYMNTS

OCTOBER 12, 2020

When asked, fear of crowds surfaced as consumers’ primary reason for preferring to carry on with digital-first experiences when it comes to shopping for groceries (57 percent), purchasing retail products (52 percent) and even ordering food from restaurants (45 percent). The SMB Pinch. between March 1 and Sept.

Retail 220

Retail Study Report Boston 220

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. Many are therefore forced to cover expenses with their own personal funds.

Maine 183

Maine Survey Study Tools 183

PYMNTS

JUNE 1, 2020

Not surprisingly, to make consumers more comfortable shopping and checking out in their stores, retailers have rushed to enable a “ contactless ” payment experience. That’s likely why in PYMNTS’ national study of 14,000 consumers, more than half (58.6 This latest study of a national sample of U.S. population.

Cards 147

Cards Study Maine Payments 147

Gonzobanker

MARCH 21, 2024

Ayodele Olojede, divisional head, retail and SME at Wema Bank in Nigeria, said that in Africa, “women don’t have the opportunity to network or engage in business the same way that male-owned businesses are able to do.” To the U.S. Accessibility, however, is a harder term to define and measure. Business case.

Lending 78

Lending How To Capital Data 78

PYMNTS

SEPTEMBER 16, 2019

And so a sheepherding innovation – and new vocabulary word – was born. Retailers scour social media to find influencers and designer bellwethers to turn trends into sales. The group’s connected commerce behaviors are well-documented in the annual PYMNTS/Visa How We Will Pay 2019 study released just today.

Millennials 222

Millennials Study Course Trends 222

PYMNTS

NOVEMBER 11, 2019

A new study also found that 34 percent of consumers used delivery more than they did a year ago. While drive-thrus can be a source of retail innovation , traditional operations aren’t what they used to be. percent of all visits in the study included a digital menuboard. Drive-Thrus are Getting Digital Makeovers.

Study 108

Study New York City Minnesota Dallas 108

PYMNTS

JUNE 7, 2019

North America has an opportunity to share in that expansion, too: A study reported that the region’s market produced more revenue than those in the Asia Pacific, Europe, Latin America or the Middle East and Africa in 2017. Others, like payment card reader provider Clip, are also seeking to help innovate the Mexican economy. and Canada.

America 128

America Mobile Cards Study 128

PYMNTS

JUNE 19, 2018

And though some restaurants are making strides on technological innovation, some restaurants still have a way to go. As restaurants seek to innovate with consumer preferences in mind, here are some online features that consumers look for in their preferred restaurants: Third-Party Aggregator App. Debit Cards.

Survey 115

Survey Cards Study Innovation 115

PYMNTS

MARCH 26, 2019

Innovators are seeing the potential to shape the way consumers place their orders at quick-service restaurants (QSRs) through digital technology. The company is targeting both regional and national businesses with a minimum of 10 locations.

Technology 121

Technology Maine Study Google 121

Celent Banking

JANUARY 26, 2017

The timing is also interesting, as only two weeks ago outgoing President Obama’s National Economic Council (NEC) released a new whitepaper called A Framework for FinTech. The NEC, a policy advisory unit of the White House established in 1993, proposed 10 high-level principles designed to move the US fintech industry forward.

Regulation 100

Regulation Policies Philadelphia Fintech 100

Tomorrow's Transactions

JANUARY 19, 2017

Naturally, as is the case for most forward-looking of retailers, they do not take cash, so I paid with one of the many cards about my person. Perry Kramer, vice president and practice lead at consultant Boston Retail Partners, contends that as many as four-fifths of (US, I presume) retailers are already “largely cashless”.

Retail 30

Retail Case Study Cards Boston 30

PYMNTS

JULY 25, 2016

a 27-year veteran of the retail fashion business, decided he wanted to take on and (hopefully) shake up the wholesale food industry, according to Pittsburgh Post-Gazette. According to a study by the Natural Resources Defense Council, more than 40 percent of the U.S. Mill Street Merchants opened in early July after John Gabriel Sr.,

Pennsylvania 100

Pennsylvania Retail Branding Study 100

PYMNTS

NOVEMBER 14, 2019

The Uber of furniture ,” P2P closet-sharing and crowdshipping all certainly sound innovative. In the latest Payments and the Platform Economy Playbook , PYMNTS analyzes how marketplaces are innovating their payment experiences and how they are adding new features to draw buyers and sellers away from competing platforms. percent of U.S.

Payments 124

Payments United States Online Google 124