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 2, 2020

To help consumers conveniently access their favorite products, retailers are offering a wide array of merchandise through automated retail technology. large eCommerce retailers and local businesses alike are tapping into the world of unattended retail. From Amazon to Blanchard’s Coffee Roasting Co.,

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PYMNTS

DECEMBER 13, 2018

Amazon has opened a smaller version of its cashier-free Amazon Go food stores in one of its Seattle offices, according to a report by the New York Post. Located on the sixth floor of Seattle’s famous Macy’s building, it’s only open to Amazon employees and their guests. Interested?” “Yes. the concessions official replied.

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PYMNTS

SEPTEMBER 10, 2019

Sometimes innovation in the commerce and payments space is a matter of a new technology or a new process. The eCommerce operator reportedly is leasing some 500,000 square feet of space in a three-story warehouse in Amazon’s hometown of Seattle, according to The Wall Street Journal.

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PYMNTS

SEPTEMBER 11, 2019

The worlds of drones and 5G mobile network technology – two of the most promising trends in digital payments and commerce – are colliding. UPS , too, is going down the drone path – one that Amazon pioneered for retail delivery uses – and is seeking a certification to operate commercial drone flights. The company applied to the U.S.

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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. This marks the fourth Go store, and the first to open outside of Amazon’s hometown of Seattle.

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PYMNTS

JANUARY 17, 2020

Artificial intelligence (AI) is moving from cool concept toward everyday consumer reality, and signs of that innovation are increasingly appearing in the retail space. Take the issue of retail security as one example. Retail Trust and AI. Based in Seattle and two years old, Xnor develops low-power edge-based AI.

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PYMNTS

MARCH 11, 2020

The advance of Amazon’s cashierless technology is not a new story to the retail beat as of 2020. with new openings scheduled for New York, Chicago, Seattle and San Francisco on the agenda for his year. with new openings scheduled for New York, Chicago, Seattle and San Francisco on the agenda for his year.

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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 29, 2020

For now, the feature will only be available at two Amazon Go stores in Seattle, at 7th Avenue and Blanchard Street and its store in South Lake Union at 300 Boren Avenue North. But there are plans to expand it across Seattle, New York, Chicago and San Francisco, the company said.

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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. He also said the technology could be deployed in office spaces.

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Payments Source

SEPTEMBER 10, 2019

Starbucks’ latest innovation doesn’t include camera-driven invisible checkout and doesn’t even come from Seattle. But for rank and file retailers, it may prove even more informative than watching the progress of Amazon Go.

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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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Bank Innovation

MARCH 25, 2019

Eleven startups participated in the Demovation challenge at the Bank Innovation Ignite conference in Seattle earlier this month. These startups, diverse in focus, comprised a wide range of the fintech ecosystem, including payments, security and blockchain.

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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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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

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 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

DECEMBER 14, 2018

Retailers are bringing experiential stores to big cities, and Starbucks is no exception: The coffee chain was set to open its Starbucks Reserve Roastery New York City on Friday (Dec. With premium coffees, teas, mixology and the iconic Milanese Princi Bakery, it serves as a Starbucks brand amplifier and a platform for future innovation.”

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PYMNTS

FEBRUARY 26, 2018

To keep up with the pace of innovation as competitors move toward mobile ordering, delivery and payments innovations, Restaurant Brands International (RBI), which owns Burger King and other brands, hired CFO Josh Kobza as its new czar leader in January. But not all QSR chains are so focused.

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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

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

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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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

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. not including Alaska and Hawaii) and requires no shipping or service fees for delivery when [consumers] meet a retailer’s order minimum.

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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 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

DECEMBER 9, 2016

With the recent announcement of details surrounding the new Amazon Go grocery stores , which will feature “Just Walk Out” technology, new reports have surfaced about the size and scale of the retail giant’s brick-and-mortar ventures.

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Retail Seattle Video Report 100

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

JUNE 27, 2017

Over the course of the last few years, eCommerce has sprung up and put the brick-and-mortar side of the retail industry on notice. With the opening of the Amazon Go grocery store and bookstore in Seattle, Amazon is breathing innovation into the stodgy brick-and-mortar experience. In combination with its recent $13.7

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PYMNTS

JULY 24, 2018

The Accelerator , a program designed to support early-stage startups using voice to deliver transformative customer and business experiences, will be hosted in Seattle this summer.

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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. At Amazon, we continually invest in new technologies to benefit customers. From the latest Amazon innovation to cutting-edge technology, Snohomish County is a great place for entrepreneurial creativity.”.

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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 technology has been made famous by Amazon through its checkout-free Amazon Go stores.

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PYMNTS

AUGUST 6, 2020

The pilot will be introduced in the Seattle, Washington area, the company said, and will let customers use their mobile phones to pay in a seamless manner. Kroger Senior Director of Payments Kathy Hanna said the innovation is intended to improve the customer experience.

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PYMNTS

JULY 22, 2019

Logistics technology provider Descartes is growing its services through the takeover of STEPcom in a $19.6 Descartes’ current Logistics Technology Platform includes its Global Logistics Network, a range of logistics apps and a community of logistics companies to connect and conduct business.

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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. The company said that the bot, in turn, would complement its FedEx SameDay City service and it is “collaborating” with retailers such as Target, Pizza Hut, Walgreens, Walmart, Lowe’s and AutoZone.

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