PYMNTS

AUGUST 13, 2019

You can probably tell by the happy looks on all the children’s faces, but in case not — back-to-school season is upon us. Not only is it a big time for retail but, in a sense, a kind of dress rehearsal for the upcoming all all-important holiday shopping season. Retail back-to-school spending for families will hit an average of $696.70

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Retail Innovation Course Trends 127

PYMNTS

JANUARY 14, 2021

Retailers made all sorts of quick pivots to their eCommerce sites as the pandemic unfolded, but in-store legacy technology proved to be an obstacle for many of them. We’ve lived through COVID with them … and our new platform is something that allows us to expand that end-to-end strategy.”. Unveiled Wednesday (Jan. Enter Elera.

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System Retail US Data 189

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. Unattended Retail. Deeper Trend.

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Chris Skinner

MARCH 23, 2017

I’ve been working closely with BKM, the Turkish retail payments clearing company, for a few years now. They manage the Fintech Istanbul program, and are the powerhouse behind many of the innovations we’ve seen in Turkey from mobile wallets to contactless payments. Could you please tell us a bit about banking sector in Turkey?

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PYMNTS

JANUARY 25, 2021

The National Retail Federation ’s annual convention may have come and gone but the sentiments, strategies and lessons learned from facing nearly a year of pandemic-led changes by some of the world’s largest merchants are going nowhere fast — especially when it comes to their embrace of increased digitalization. Stores As Social Centers.

Community 269

Community Retail Strategy National 269

Perficient

FEBRUARY 27, 2023

The payments industry is no different, and we’re quickly approaching a new intersection point due to the Real-time Payments’ movement into the US. These days, as the US prepares to embrace real-time payments in 2023, the intersection of real-time payments and automation has become a key point of discussion.

North Carolina 275

North Carolina Charlotte Payments US 275

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. We’re listening.”.

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Retail Innovation Branding social media 134

PYMNTS

AUGUST 10, 2020

We’re talking lay sellers, not savvy operators with digital storefronts. That’s Mercari’s sweet spot and one that Lagerling said was crying out for innovation as the big online auctioneers like eBay diversified into larger, more complex financial ecosystems. Spiking sales volumes couldn’t stem operating losses of 19.3

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US America Online Mobile 278

PYMNTS

MAY 4, 2020

He will be tasked with developing strategy, direction and comprehensive success of Mastercard’s operations across 53 countries in Europe. Mastercard’s European businesses cater to more than 950 million people via business partnerships with retailers, financial institutions (FIs) and other companies.

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Operations Regulation Regional Retail 141

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

Bank Innovation

MAY 15, 2019

It is this revolution that has led us to present Bank Innovation Build, our newest conference, on Nov. There is a revolution going on inside banking. And that’s not just a cheap cliche. Allow me to explain: A few days ago, Dana Maor, a senior partner at McKinsey, wrote that the consultancy believes “that […].

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Innovation Conference US social media 170

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.

Banking Trends 151

Banking Trends Retail Trends Community Bank 151

PYMNTS

NOVEMBER 9, 2020

“Despite COVID-19, we are encouraged by the increases we are seeing in shopper traffic, retailer sales and tenant rent collections across our portfolio,” CEO David Simon said in a statement. “We The company also announced that its portfolio net operating income for the period declined 22.4

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PYMNTS

JANUARY 6, 2021

And according to Doug Brown, senior vice president and general manager of digital banking at NCR , simplicity and innovation have turned what could have been a disastrous year into a transformational pivot for the better. Tackling those tougher problems to simplify things — and that’s true in banking, retail and restaurants.”.

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Innovation Data Examples Community Bank 318

PYMNTS

SEPTEMBER 13, 2019

Brick-and-mortar retailers are doubling down on digital as they look to staff their stores for the busy holiday shopping season. The retailer noted that all seasonal hires will have a minimum hourly starting wage of $13 an hour. Target is also offering an array of benefits to the seasonal workers, which all hourly team members receive.

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Retail Trends Online Technology 244

PYMNTS

OCTOBER 14, 2020

In today’s top news, purchases via voice assistant are up 10 percent year-over-year, and Afterpay is now available in-store nationwide with major retailers. Purchases Using Voice-Assistants Up 10 Pct Year-Over-Year. Significantly: 23 million consumers made purchases using voice assistants. Apple Unveils Higher-Speed iPhone 12.

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Retail Charlotte Apple Payments 173

PYMNTS

SEPTEMBER 13, 2019

Voice recognition could soon play a bigger role in retail — especially in the world of quick service restaurants. The fast food operator recently announced an agreement to acquire Apprente. Voice promises to become a bigger part of retail in the months and years to come. That’s the signal sent recently by McDonald’s.

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Retail Google Survey Technology 248

PYMNTS

MAY 23, 2017

Innovation is happening at the speed of payments — which, as it turns out, can be pretty fast these days. OA: As president of Western Union Global Money Transfer, I oversee our global person-to-person money transfer via our combined digital and retail walk-in agent network that connects more than 200 countries and territories.

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Innovation Payments Compliance Risk Management 190

Bank Innovation

FEBRUARY 28, 2017

Bank Innovation today released a beta of its relaunch, the most significant rebuilding of the site since its start in 2009. Let us know what you think of the rebuilt site by emailing info@bankinnovation.net.

Innovation 150

Innovation US social media Operations 150

Bank Innovation

JANUARY 30, 2019

Interested in joining us for Bank Innovation Ignite 2019 on March 11-12 at the Hyatt Olive 8, Seattle? In Seattle, you’ll see four Ignite Ideas sessions from the following fintech innovators: Lisa Frazier, Head […]. You’d better hurry! Early registration ends this Friday, February 1 at 11:59 PM.

Innovation 170

Innovation Seattle Fintech Security 170

PYMNTS

DECEMBER 11, 2018

To look into smart retail solutions with the Internet of Things (IoT), JD.com and Intel have teamed up to start the Digitized Retail Joint Lab. The eCommerce retailer noted that the effort indicates an “extension” of a partnership that already exists between the company and Intel.

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Retail Big Data Innovation Analysis 110

PYMNTS

MAY 8, 2020

It’s an opportunity to rethink our lifestyles: what works for us and what needs change,” she said in a statement on her website. “At Dispatching one of New York’s elite styling teams exemplifies the new face of “ clienteling ,” the retail practice of assigning sales associates to individual, high-value customers. ”

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PYMNTS

DECEMBER 31, 2020

How ‘Contact Us’ And The Kardashians Ignited Afterpay In The US. Fast-forward to the present, and Afterpay now counts more than 11 million active customers at 63,000 retailers – and most recently reported doing $2.1 One is regulatory trends, where regulators are looking to increase competition in this field and drive innovation.

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Innovation Payments Trends Regulation 289

PYMNTS

JULY 28, 2017

Over the last few years, chatbots have taken the retail space by storm, helping to automate several key aspects of customer service. As such, it’s important to explore whether or not integrating chatbots into companies is having a positive or negative effect on its operations. What’s the effect of chatbots on the retail industry?

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Retail Case Study Customer Experience Technology 179

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. “We continue to expand our scope and this allows us to bring in into Demo […].

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Innovation Seattle Fintech US 150

PYMNTS

SEPTEMBER 17, 2019

There is a mountain of friction in commercial payments today that seems to have held the industry back from the kind of rocket-pace innovation propelling retail and consumer payments into the future. Our partner FIs are telling us that, and they’re asking us to support them in thinking about that convergence.”.

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Innovation Payments Cards Industry 132

Bank Innovation

JUNE 3, 2019

Dominic Venturo, executive vice president and chief innovation officer at U.S. Bank, will participate in a fireside chat at Bank Innovation Build 2019, this blog’s event on best practices in banking innovation. Bank Innovation Build will take place November 6-7 at Atlanta’s W Hotel Downtown. Register here.)

Innovation 170

Innovation Atlanta Industry social media 170

PYMNTS

DECEMBER 28, 2020

The first were the Pepsis, Heinzes and Krafts that either didn’t like their retail distribution or saw a pandemic-driven opportunity to get new products in new configurations to the consumer. Formed in 2008, Green Goo is a women-owned, family-operated company that started out making skin products and first aid salves for friends and family.

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Branding Retail Philadelphia Marketing 162

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

MAY 15, 2019

To help improve their operations, consumer services companies appear to have some very specific ideas about digital technology. The report also noted that many firms believe technology could also bolster their back-office operations. From Yelp to Apple , technology companies are providing solutions that could serve retail environments.

Innovation 112

Innovation Company Apple San Francisco 112

PYMNTS

JANUARY 27, 2020

The recently released Mobile Order-Ahead Tracker , a Kount and PYMNTS collaboration, digs deep into how the consumer experience and consumer engagement are guiding the pizza chain’s newest efforts to innovate in the QSR space. First, a few broad points — data that helps define the context in which Domino’s is operating and innovating.

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US Mobile Innovation Analysis 141

PYMNTS

SEPTEMBER 25, 2019

But as time passes and a new decade approaches – one that promises even higher levels of digital innovation and disruption – it’s becoming ever more clear that 5G mobile network technology will help power the so-called Industrial Revolution 4.0. Coal, steam and oil helped to fuel the industrial revolutions we read about in history books.

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Innovation Texas Video Mobile 160

PYMNTS

OCTOBER 25, 2019

Brick-and-mortar retailers are testing intelligent shopping carts that are billed as a way to improve the in-store experience. According to the announcement, the test is “part of Sobeys’ customer-focused innovation approach to learn and continuously improve through customer feedback.” In Other Brick-and-Mortar News.

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Retail Innovation Technology Regional 113

PYMNTS

OCTOBER 5, 2020

The Carrboro, North Carolina-based chain has used its technology-first strategy to get, keep and grow its customer base – even while its stores were shut down early in the pandemic. Even now that its stores are open, the retailer has discovered that its eCommerce, curbside pickup and virtual fitting services remain popular with customers.

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Technology Retail North Carolina National 131

PYMNTS

NOVEMBER 16, 2020

The new combined bank will be the fifth-largest retail bank in the country. US Economic Forecasts Grim Amid Escalating COVID-19. The accelerating cases are triggering further reductions in business operating hours and new commercial lockdowns. FTC, Lawmakers Turn Sour On M&A; Could Innovation Suffer? Antitrust suits.

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PYMNTS

JANUARY 15, 2019

Based in Manchester, AccessPay provides a digital platform for payments, cash management and treasury operations by integrating businesses’ back-end operations with their banks. Corporate payments have not seen the same level of innovation as consumer payments. ” Beringea, based in both the U.K. and U.S.,

Security 143

Security US Payments Big Data 143

PYMNTS

NOVEMBER 19, 2020

The round was led by Food Retail Ventures and joined by existing investors Innovation Endeavors , Maersk Growth , and Baseline Ventures. McCann is CEO of Food Retail Ventures and a former CEO of supermarket giant Ahold USA. “I This helps us make decisions in a way that accounts for a lot of the uncertainty.”.

Technology 244

Technology Management San Francisco Retail 244