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State Governments Deliver Mixed Messages On Reopening Retail

PYMNTS

State governments are dropping the ball on retail reopenings. As the week plays out, inconsistent direction and confusion have been standard with New York, Texas, California and Hawaii getting criticized by retailers big and small. After making the statement, Simon retracted it, pledging cooperation with local officials.

Retail 141
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Is Human-Robo ‘Hybrid’ Advisory the Best Way to Manage Finances?

Bank Innovation

Roboadvisors are hot in financial and wealth management at the moment, despite the fact that “roboadvisor” can essentially refer to any online service that generates automated investment advice.

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BNPL Provider Openpay Launches In US

PYMNTS

BNPL refers to the practice of allowing customers to pay for goods in installments, usually four smaller increments. The target customers, according to the release, are "finance-savvy and of an older demographic who use Openpay plans as a cashflow management tool.". according to a press release.

US 305
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Bank Regulators Seeking Comments on the Use of AI and ML in the Industry

Perficient

These technologies are also used to better target marketing in retail and customize trade recommendations in wealth management. Risk Management. AI may be used to augment risk management and control practices. Credit Decisions. The challenge is to ensure that the software being developed is not coded with biases.

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The Sixth Key Commitment of Revenue Resilience – We Need Hospitals to Adapt

Perficient

This same shift has been occurring within retail for over a decade and has taken precedence over building storefronts. A digital network is a platform that is dynamic enough to handle a variety of transactions; in healthcare, this would include virtual care, digital engagement, consumerism and retail offerings. Managing Dynamic Events.

System 519
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Brazilian Retailer Magazine Luiza To Compete With Amazon

PYMNTS

Brazilian retailer Magazine Luiza has announced that it will be selling books online, which could be picked up in one of its almost 1,000 stores. The goal is to turn Magalu into a reference in this segment,” said Eduardo Galanternick, Magazine Luiza’s executive director of eCommerce, according to Reuters. percent at R$170.31 ($43.45

Retail 108
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New Eye-Tracking VR Tech By Qualcomm, Accenture Helps Retailers Stack Shelves Better

PYMNTS

Two tech companies and a food brand have teamed up to develop a virtual reality (VR) headset that uses eye-tracking tech to determine the best way that retailers should stock products on shelves, according to a report by VentureBeat. The headset lets retailers track where the wearer looks when walking down the aisles of a virtual supermarket.

Retail 122