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Retail banking trends to look out for in 2023

Independent Banker

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.

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Data Insights, Reducing Friction Keys To Online Retail Strategy

PYMNTS

In an increasingly complex consumer landscape, creating a coherent retail strategy requires synthesizing hundreds of data points on industry, consumer and competitor trends. Other days, I spend looking at partners that, when combined with our services, could add something to the retail ecosystem that the world doesn’t even know it needs yet.

Strategy 100
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Polish Investors Hopeful For eCommerce After Allegro IPO

PYMNTS

Online retailer Allegro.eu was valued by investors at $25 billion in a deal last month, Bloomberg reported, in a transaction whose value was driven up by the shift of Poles to online shopping as a result of the pandemic. Globally, experts predict, online shopping will surpass prior levels significantly this holiday season.

ATM 243
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What’s The Future For NBA-Related Retail In China?

PYMNTS

Basketball is one of the most popular sports – if not the most popular sport – in China, but there’s a little less NBA available today for online shoppers in that country, according to reports. The move comes after the general manager of that U.S.-based The exports of products sold online from the city were expected to reach $4.3

Retail 116
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Stripe Teardown: How The $35B Payments Company Plans To Supercharge Online Retail

CB Insights

As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Specifically, the Collisons aimed to more seamlessly connect online businesses and payment processors, allowing more businesses to accept online payments.

Online 98
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How Payless Beat Back Bankruptcy (And What Retailers Can Learn)

PYMNTS

There are rarely second acts in retail — particularly once bankruptcy is in play — but, every so often, the unexpected happens. Last week, footwear retail company Payless ShoeSource was one of those unexpected stories, a company pulled into the bankruptcy whirlpool but getting plucked out before being sucked all the way down to the bottom.

Retail 153
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Data Enablers: Koupon Delivers Retailers Offers

PYMNTS

Koupon is a mobile offer platform and redemption network, powering offers for over 43,000 retailers and the world’s largest CPG brands. Its reach, patented offer delivery and security technology, Koupon helps brands and retailers drive sales by targeting consumers and delivering offers when consumers are ready to buy.

Retail 109