US retailers' EMV pain opens path to contactless-only checkout lanes
Payments Dive
FEBRUARY 23, 2016
Mobile Payments Today spoke about this concept with payment technology providers at the recent National Retail Federation Big Show in New York City.
National New York City Retail Technology 
National ATM Council Says NYC Ordinance Is Costly, Burdensome
PYMNTS
JANUARY 18, 2017
The National ATM Council (NAC) argued in testimony to the Committee on Consumer Affairs of the New York City Council last week that a proposed ordinance would impose costly and burdensome new security regulations on ATM operators all around the city. said Renard in the same press release. “In
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How QSRs Are Driving Retail Innovation Via Emerging Tech
PYMNTS
NOVEMBER 25, 2019
Retail innovation comes from various places – and for the new decade, that includes quick-service restaurants (QSRs), the site of massive technological change. Self-service kiosks have been gaining popularity, and cutting-edge technology like biometrics is starting to be integrated. Pickup Windows. Contactless Payments.
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Trust And Speed Light A New Path To Omnichannel Retail
PYMNTS
JANUARY 22, 2020
For retailers, nothing really ever comes easy — and things aren’t getting any easier, at least when it involves gaining and retaining customers. Indeed, as the recently completed National Retail Federation (NRF) retail show in New York City demonstrated, commerce keeps moving to what Webster called in the webinar a “customer-centric approach.”
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Retail Pulse: The North Face To Open NYC Location; Walgreens To Shutter 200 Stores
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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Kroger Acquires NYC’s Murray’s Cheese
PYMNTS
FEBRUARY 9, 2017
National supermarket giant Kroger Co. recently announced its acquisition of iconic New York City–based cheese shop Murray’s Cheese. Kroger and Murray’s Cheese have yet to disclose the financial terms of the deal, though The Wall Street Journal noted that city records show that Kroger dropped $20.6
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Retail Pulse: Zola Opens NYC Store; Kleinfeld Shop ‘Pops Up’ In NJ
PYMNTS
JANUARY 4, 2019
Digitally native retailers are opening stores to bring their virtual experiences into the real world, and Zola is one of the latest merchants to test out the brick-and-mortar waters. The wedding retailer opened a store in New York City’s Flatiron District that is billed as a “one-stop-shop for wedding planning.”.
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Amazon Sets Sights On Southeast Asia
PYMNTS
NOVEMBER 8, 2016
So where to next for the omnichannel retail giant? Two of its nations (Indonesia and Thailand) are ranked in the top 20 economies by their GDP. That’s less than New York City. In fact, it’s well poised to become the world’s first “ smart nation.” It rolled out its Prime service in China in late October.
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SaaS Startup OrderGroove In $20M Series C
PYMNTS
JANUARY 18, 2017
New York City-based subscription model and B2C eCommerce enabler startup OrderGroove recently raised $20 million in a Series C venture funding round led by National Securities Corporation. Companies that currently use OrderGroove’s technology include Walmart, PetSmart, Nestlé, L’Oréal and GNC, among others.
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100 Software Eats The (Retail) Workforce
PYMNTS
JUNE 4, 2016
And that’s a good thing for the consumers and the enterprises that are investing in this technology. As for specific numbers, the low-end figure is about $10 and the high-end amount is the $15 an hour that California, New York City and Seattle — three of the more expensive cities in the U.S. One is to raise prices.
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100 Biometric Mobile Payments Set To Explode In 2017
PYMNTS
MAY 9, 2017
HYPR, for example, debuted what it is calling a biometric shopping platform at the National Retail Federation’s BIG Show in New York City in January. The platform is designed to help retailers combat an uptick in online retail fraud, caused largely by ineffective or stolen password credentials.
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Amazon Go Has Spawned Imitators, But Also Innovation
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 New Developments. million to 4.5
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Biometrics Of Mass Defense?
PYMNTS
FEBRUARY 28, 2017
It’s already been a big year for biometrics, and with everyone from big banks to major retailers investing in the technology, that trend is unlikely to subside any time soon. . HYPR, for example, debuted what it is calling a biometric shopping platform at the National Retail Federation’s BIG Show in New York City in January.
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Grocery Tracker: Time Crunch
PYMNTS
FEBRUARY 13, 2017
In acquisition news, Kroger recently announced its acquisition of iconic New York City-based cheese shop Murray’s Cheese. The two have yet to disclose the financial terms of the deal, but city records show that Kroger dropped $20.6 consumer retail food and beverage spending. percent of U.S.
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American Apparel And Postmates Pair Up
PYMNTS
MARCH 23, 2016
“The combination of American Apparel’s real-time, local inventory paired with Postmates’ superior delivery technology and national footprint is changing the way customers can access their favorite brands,” Luedorf said in a statement.
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100 Banco BASE Taps Volante For Payments; Azimo Receives Dutch Central Bank License
PYMNTS
APRIL 8, 2019
Welcome to The Axis, your late look at payments news from around the world. Coverage includes Mexico ‘s Banco BASE selecting Volante Technologies Inc. Banco BASE has tapped Volante Technologies Inc. In other payments news from Ireland, Dublin’s Bear Market Coffee is now all cashless, The Independent reported.
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Groovv POS Flex Unveiled At NRF’s Big Show
PYMNTS
JANUARY 17, 2017
Small and mid-sized businesses are getting another option for point-of-sale (POS) solutions to keep up with the ever-changing, mobile-forward retail world. Samsung says the new technology is deliberately aimed at being an alternative to countertop devices, as it is capable of being used also as an associate walks around a retail location.
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100 Shack Shack Teams With Grubhub For Delivery
PYMNTS
AUGUST 5, 2019
The online and mobile food ordering and delivery marketplace, as well as its Seamless brand, will be the national delivery partner of Shake Shack, with direct-to-POS integration for order submission as well as menu syncing, the burger chain said in an announcement.
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The Airbnb Of Restaurants Is … Airbnb
PYMNTS
OCTOBER 3, 2017
Even those who swear by Airbnb when booking travel accommodations can only use the retail platform so often. CNN reported news that the new Resy-powered restaurant reservations are first rolling out at 650 restaurants in 16 U.S. cities, including, of course, San Francisco and Los Angeles, as well as Washington, D.C.
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Tracksmith: Taking DTC Running From Heartbreak Hill To The Global Market
PYMNTS
FEBRUARY 17, 2020
3 in the best running cities in the U.S., Content marketing is a staple of the website, with Taylor himself conducting interviews with runners of local and national prominence. a shoe fitting technology that was recently purchased by Amazon. So, when he started Tracksmith, he put some new instincts to work.
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Bringing Deep Discounting To One Of America’s Most Expensive Streets
PYMNTS
JULY 27, 2018
Putatively pitched at kids, tweens and teens, the shop offers goods across a wide variety of categories, with a focus on fashion accessories, sports items, home goods, technology, games crafts and gifts. On Fifth Avenue, the most expensive stretch of retail space in the city, average rents fell 18.2
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Grocery Roundup: Ahold Delhaize Acquisition, Another Toilet Paper Rush And A SNAP Explosion
PYMNTS
NOVEMBER 19, 2020
We are strong believers that the future of grocery retail involves getting customers the best quality food, exactly when they want it, with the best customer service. Under the terms of the deal, FreshDirect will keep its brand name, be supervised by a seven-member board and continue its independent operations in New York City.
Happy Returns: In-Person Returns For eTail
PYMNTS
FEBRUARY 22, 2017
In a twist on contemporary retail trends toward online channels, consumers still largely prefer to return in-store. One logistics technology startup is working to solve the problem of physical returns for digital retailers. If all’s well, Happy Returns signals the retailer to refund the customer. “We’re
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107 Nectar Sleep Beds Down With Mattress Warehouse; Starbucks Expands Delivery With Uber Eats
PYMNTS
JANUARY 25, 2019
In a recent trend, eCommerce mattress brands have been moving into the world of brick-and-mortar retail by opening their own stores and pop-up shops to help let customers test-drive their products in real life. And, in the same year, Casper decided to open its first brick-and-mortar store in New York City.
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How An eCommerce Startup Is Bringing UK’s High Street Home
PYMNTS
MARCH 30, 2020
. “Since launching Streetify last week, we have now transformed over five million local stores and national websites into virtual stores, so firms and consumers can respond to the difficult circumstances we find ourselves in,” said Founder Martin Banbury. government to help businesses use it while the country is on lockdown. .”
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170 Instant Payments, Unicorns And Food Fights Top Week’s News
PYMNTS
MAY 24, 2019
In a bid to expand its healthcare payments presence , JPMorgan said that it has entered a deal to acquire InstaMed, a payments technology company focused on the space. The news of Nextdoor.com’s capital raise and $2.1 Tim Berners-Lee On Building a New Web. JPMorgan Buys InstaMed For $500M. Why Anyone Can Be a Unicorn Now.
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Meal Kit Providers Exit Q2 With Industry In Major Flux
PYMNTS
JULY 30, 2018
Blue Apron opened up an experiential pop-up retail location in New York City, which featured cooking classes and celebrity chefs. Last month, Blue Apron hired a new chief supply officer to help the company figure out the most efficient way to get its omnichannel distribution strategy together. Truly Innovating.
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New Formats Deliver For Food Ordering
PYMNTS
NOVEMBER 11, 2019
Out of necessity, restaurants are turning to a wide range of new technologies to deliver on changing ordering preferences. The new Order To Eat Tracker highlights how solutions from facial recognition, voice and virtual-only models are becoming increasingly common on the restaurant landscape. Biometric Kiosks Speed Orders.
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Delivering QSR Ordering Options With Digital Collaborations
PYMNTS
FEBRUARY 25, 2020
From Little Caesars to Yelp, quick-service restaurants and technology providers alike are working to make it easier for diners to place their orders — and for eateries to reach those customers. Showcase Ads, another offering, enables national brands to highlight new menu items, seasonal offers and temporary promotions.
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130 Toronto’s Rising Digital Star
PYMNTS
JUNE 17, 2016
Within the Greater Toronto Area (GTA) are industry-leading fortune 500 companies, renowned universities and colleges, and local businesses ranging from startups to multi-national firms. I think Toronto is poised to contend as one of the biggest North American hubs for technology startup activity over the next five to 10 years.”.
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12 Ways Consumers Will Pay (And Be Paid) In 2020
PYMNTS
DECEMBER 24, 2019
Mastercard is running two transportation-friendly holiday season options for cardholders using tap-and-go payments in New York City. One can bet that the ongoing deployment of new 5G mobile network technology will drive things further. 7: During Daily Routines. Take Priceline as one recent example.
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160 Austin Is Bringing The FinTech Heat
PYMNTS
AUGUST 26, 2016
tech hubs, like Silicon Valley and New York City, the city has been recognized as having a fast-growing tech sector with strong expansion. small businesses and wanted to establish roots in a city that provided access to a wealth of talent and was also backed by a strong technology industry.
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The Whole Paycheck Tracker: Bringing SNAP Recipients Into The Digital Fold
PYMNTS
APRIL 19, 2019
The big news of the week, the USDA’s decision to start officially moving forward with digital ordering and delivery capacity for 38 million or so Americans enrolled in the Supplemental Nutrition Assistance Program ( SNAP ), hit both retailers, as they are two-thirds of the grocery participants in the initial New York-based pilot round.
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117 The Whole Paycheck Tracker: HQ Enhancements, Empathetic AI And Special Guest Bernie Sanders
PYMNTS
MAY 24, 2019
While Amazon’s search of a new HQ location at some point became like a national edition of “The Bachelor” where only U.S. cities could compete, Walmart’s construction of a new HQ in Bentonville Arkansas has been a comparatively quiet affair. ” If passed, the measure would require the retailer to consider its 1.5
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Surviving The Retail Apocalypse: The Technologies And Trends That Can Help Brick-And-Mortar Thrive Again
CB Insights
APRIL 24, 2018
Research BRIEFING: Surviving the Retail Apocalypse. How are brick-and-mortar retailers surviving and adapting in the world of digital commerce? The retail apocalypse has claimed many victims , with almost 7,000 stores closing in the US in 2017. And that’s just since February. However, this isn’t the whole story.
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59 Techy Turkey Day: How Technology Has Changed America’s Trademark Holiday
PYMNTS
NOVEMBER 23, 2017
Here’s how innovation, marketing and technology have shaped this iconic American holiday over the years. National Geographic says that the first Thanksgiving was not a thanksgiving at all, but simply a celebration of the pilgrims’ first successful harvest. And what do we do with this incredible technology? Television.
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135 Pizza Goes High-Tech
PYMNTS
MARCH 11, 2017
New York City Mayor Bill DiBlasio allowed himself to be seen in public eating a piece of pizza with a fork and knife — and caused an outrage among his constituents. While the concepts of high-tech and pizza may not be natural fits together, Domino’s actually has a long history of innovating with ordering technology.
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24 Industries & Technologies That Will Shape The Post-Virus World
CB Insights
JUNE 17, 2020
From healthcare to education to entertainment to manufacturing, technology innovators are stepping forward to help answer that question. In some cases, the technological changes inspired by Covid-19 will come in the form of an acceleration of existing trends — for example, industrial automation and contactless payments. Teletherapy.
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Vacation Rental Home Startup Vacasa Isn’t Just An Airbnb Knockoff
PYMNTS
AUGUST 25, 2016
“We’ve taken what’s historically been a very local business and made it into a national business with the use of technology,” Breon told Forbes in an interview back in April after it was announced that Vacasa had secured $35 million in Series A financing from the New York City-based firm Level Equity.
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11 New Restaurant Concepts Reimagining Fast Food & Casual Dining
CB Insights
JULY 17, 2018
The old guard of American dining are switching up their games to compete: McDonald’s is adding self-serve kiosks to many of its franchises, upping the ante with mobile order technology. In 2017, the National Restaurant Association reported annual sales of $799B — close to 48% of the total amount that Americans spent on food.
Fashion Forward: How Tech Is Targeting Waste & Pollution In The $2.4T Fashion Industry
CB Insights
JUNE 4, 2019
GET the 54-page retail TRENDS report. Download the free report to learn about the biggest emerging trends in retail and strategies to watch for 2019. Fueled by social media, consumers want to get a hold of the latest trends as quickly as possible, and retailers must rapidly increase production to meet demand. Source: Sewbo .
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Autopsy Report: 9 Startup Failure Stories And What We Can Learn From Them
CB Insights
MARCH 6, 2019
Companies across industries from food delivery to mobile payments disintegrate for all kinds of reasons, from technology errors and logistical challenges to overspending and outright fraud. Powa Technologies. The problem, of course, is that Holmes’ technology was a sham. Table of Contents. Total disclosed equity funding : $500M.
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The Future Of Housing: From Home Building To City Planning, Tech Giants & Startups Are Reimagining Where & How We Live
CB Insights
JUNE 14, 2018
Technology companies have infiltrated the home. We deep dive into the trends disrupting the housing industry, as well as the startups and technologies making these changes possible. Cities’ housing supplies have not kept up with demand, and growth in urban center populations has driven up rent and housing prices.
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