PYMNTS

AUGUST 24, 2020

Consumers are unlikely to return to stores and business districts in the near future, nor can businesses simply rely on longstanding relationships with suppliers and retailers to keep production lines moving and shelves stocked. To learn more about what these trends portend for established brands and companies, download the report.

Retail 216

Retail Report Case Study Study 216

PYMNTS

SEPTEMBER 19, 2018

Artificial intelligence (AI) and machine learning (ML) are blurring the divide between online and in-store shopping, and bringing an all-new human element into retail. To learn more about how businesses are leveraging AI and ML technology to optimize their customer experience, click here to download the report.

Retail 158

Retail Report Samsung Customer Experience 158

PYMNTS

SEPTEMBER 24, 2020

Technologies such as artificial intelligence (AI) and video onboarding have shown promise in facing identity fraud, but each is vulnerable when implemented on its own. 10.6B: Reported Q1 revenues for Nike, down only 1 percent vs. 2019. In banking, financial crime is a pervasive threat to financial institutions (FI) globally.

Technology 153

Technology Innovation Retail Video 153

PYMNTS

JANUARY 20, 2021

In today’s top retail news, Birkenstock is said to be in discussions for a sale to CVC Capital Partners, while Cognira has released its AI Promotion Solution. Cognira Rolls Out AI Promotion Suite For Retailers. Cognira, the retail artificial intelligence technology firm, has launched its AI Promotion Solution.

Retail 239

Retail Google Capital Branding 239

BankInovation

APRIL 16, 2024

The bank listed three long-term efforts in its 2023 annual report: Expand the bank’s franchise and digital channels; Leverage technology to create efficiencies that help better serve customers; and Deepen customer relationships by offering superior banking experiences and […]

Technology 63

Technology Retail Marketing Report 63

PYMNTS

JANUARY 27, 2020

Retail keeps embracing numerous new technologies, and biometrics is not only one of them, but an area of recent growth and development, including via some of the biggest names in commerce. Take Amazon, which continues to expand its brick-and-mortar retail footprint, and the technology underlying those stores.

Retail 264

Retail New York Dallas Trends 264

PYMNTS

SEPTEMBER 21, 2020

And in retail, Amazon ’s sales of clothing and apparel have been on the uptick in the past few years. Data: 76%: Share of Main Street businesses that have reported cash flow shortages. 3.5B: Reported record-high digital sales for Taco Bell in Q2. 3.5B: Reported record-high digital sales for Taco Bell in Q2.

Retail 148

Retail Technology Maine Mobile 148

PYMNTS

NOVEMBER 16, 2020

In eCommerce, Walmart ’s ability to keep capturing the digital shift and expand in the digital-first economy will be a key trend to watch for in its coming earnings report. All this, Today in Data.

Technology 156

Technology Retail Data Trends 156

PYMNTS

OCTOBER 9, 2020

trillion opportunity for eCommerce retailers. Fraudsters are just as excited by this opportunity as merchants, unfortunately, making it essential for these retailers to craft robust protections to keep the data and the payment information of their consumers safe. Around The Next-Gen Debit World.

Fraud 188

Fraud Retail Report Online 188

PYMNTS

NOVEMBER 5, 2020

This in a week that has seen news reports that the world’s largest retailer has terminated its contract — and a 3-year-old automated shelf-stocking experiment — with San Francisco’s Bossa Nova Robotics , having found that existing “human” employees were able to do the same work just as well. Not Just Walmart. Not Just Walmart.

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Retail Trends Technology Operations 272

PYMNTS

JANUARY 18, 2021

Every year for the last 110 years , members of the retail trade group, known as the National Retail Federation (NRF), have assembled to discuss the slate of issues pertinent to its members. COVID-19, of course, didn’t cause physical retail’s steep decline — it just accelerated it. Retail is now about logistics and the last mile.

Retail 309

Retail Online Maine Branding 309

PYMNTS

MARCH 9, 2020

Amazon is introducing its “Go” concept to other merchants interested in its “Just Walk Out” technology, Reuters reported on Monday (March 9). The eCommerce giant is in talks with other retailers and has “several” signed deals with unnamed customers. Amazon Go’s cashierless technology could grow into a $50 billion business, U.S.

Technology 198

Technology Retail Cards Branding 198

PYMNTS

DECEMBER 24, 2020

When it’s said and done there was only one story that mattered in the retail universe this year and it was the rise of the digital-first economy. The latest research shows 40 percent of surveyed shoppers report doing fewer activities in stores and more activities online — this is up from the 12 percent who reported doing so on March 6.

Retail 295

Retail Branding Minneapolis Trends 295

PYMNTS

MAY 19, 2020

Voice assistant technology already had an audience even before the coronavirus outbreak gave it a big boost, as it has now radically reshaped consumer habits and preferences on a global scale. percent of Gen Xers report the same thing, as do 30 percent of bridge millennials. And consumers plan to stick with their new behaviors.

Technology 205

Technology Millennials Retail Report 205

PYMNTS

OCTOBER 9, 2020

As the CEO of social impact commerce platform ShoppingGives , he said he has seen retailers , consumers and non-profits step up at a critical time in everyone’s lives, and he has been able to apply technology and a keen awareness of the business side of philanthropy to build a unique marketplace. million charities.

Retail 230

Retail Examples Regulation Resources 230

PYMNTS

AUGUST 13, 2020

By comparison, the first 3-D Secure (3DS) technology provides consumers with a user experience marked by lengthy times for processing and verification. The company reports that retailers selling through eCommerce are experiencing record sales numbers, but fraud rates are also on the uptick. seconds on average through EMV 3DS.

Technology 248

Technology User Experience Fraud Comparison 248

PYMNTS

DECEMBER 20, 2020

Both companies make technology that helps to facilitate merchant payments and banking. The deal was reportedly in "advanced talks," WSJ reported, and the companies were planning to announce a deal this week. billion in third quarter earnings reported in October, which was largely attributable to the acquisition of Worldpay.

Report 261

Report Payments National Trends 261

PYMNTS

APRIL 4, 2019

Out of the haze of uncertainty emerged a new mobile network, and from the new mobile network came new retail applications and experiences, all taking advantage of the faster speed of the technology, and the potential to reduce friction. The mobile technology is moving from the realm of the possible to the world of the real.

Retail 177

Retail Mobile Course Branding 177

PYMNTS

FEBRUARY 25, 2020

Retailers are facing a personalization paradox. It’s illustrated in a new report from Episerver , which shows that personalized messaging can be a deal creator or deal breaker for consumers. It’s illustrated in a new report from Episerver , which shows that personalized messaging can be a deal creator or deal breaker for consumers.

Retail 202

Retail social media Study Security 202

PYMNTS

SEPTEMBER 11, 2019

Virtual reality could have more retailers reach more consumers in the coming few years — in large part by upping the consumer experience. Four temporary pop-ups have opened and are opening in New York, San Diego, San Francisco and in the Las Angeles suburb Santa Anita, CNBC reports. and Europe by 2022. But anybody can do this.

Retail 192

Retail San Diego San Francisco Branding 192

PYMNTS

JANUARY 12, 2021

And these connected consumers are, when compared to the general population, particularly interested in interacting with voice assistants more than they are currently able to, with 39 percent reporting being very interested in being able to tap into voice platforms for day-to-day activities like paying bills. Voice Technology Accelerates.

Technology 216

Technology Innovation Retail System 216

PYMNTS

OCTOBER 21, 2020

One recent study found that 29 percent of customers would stop shopping with retailers that they felt offered inadequate public health or safety measures, for example. Some may opt to alter their physical locations’ layouts, while others reassess the payment methods they offer. About The Playbook.

Retail 174

Retail Payments Report Trends 174

PYMNTS

SEPTEMBER 10, 2019

Artificial intelligence (AI) and machine learning (ML) are starting to play a bigger role in retail, foreshadowing what’s to come in the new decade of the 2020s. According to PYMNTS research , AI and ML are blurring the divide between online and in-store shopping, and bringing an all-new human element into retail. Role of Data.

Retail 247

Retail Comparison Online Data 247

PYMNTS

JANUARY 24, 2019

Before consumers started to trade brick-and-mortar shopping experiences for eCommerce websites, retailers could bring customers through their doors with window displays. In addition, this technology can help train employees with virtual experiences. And consumers can use this technology to help shop for furniture.

Retail 204

Retail Training New York City Technology 204

PYMNTS

DECEMBER 16, 2020

Digital sports entertainment and gaming industry platform DraftKings — known for its top-rated daily fantasy sports and mobile sports betting apps — today announced an agreement with InComm Payments , a global leading payments technology company, to launch an industry-first retail gift card. . DraftKings reported on Friday (Nov.

Retail 230

Retail Cards Payments New York 230

PYMNTS

JULY 9, 2019

Retailers surely have more than enough to worry about these days. For one, the pace of innovation keeps speeding up – and that holds true for all types of retail niches, from apparel to grocery to others. Fast on the horizon, of course, is the new mobile network technology called 5G. 5G and AR.

Retail 194

Retail New York City Mobile Innovation 194

Bank Innovation

AUGUST 23, 2017

EXCLUSIVE— Contactless, cashless payments are on the rise in retail, driven forward as payment companies like Mastercard and Visa increase support for these solutions. This is according to Steve Herbert, CEO and Chairman for USA Technologies during the company’s most recent quarterly earnings, reported yesterday.

Technology 236

Technology Payments Capital Retail 236

PYMNTS

JANUARY 16, 2018

One might just call this the age of unattended retail. Increasingly, retailers and other merchants are looking to give customers a more convenient and efficient experience by offering products and services via unattended kiosks. Clothing retail lags behind when it comes to kiosk deployment. About the Report.

Retail 187

Retail Industry Data Florida 187

PYMNTS

APRIL 10, 2019

From CVS to T-Mobile , retailers and technology providers are catering to the trend of contactless payment acceptance with new solutions and methods of handling cards from customers. CVS, for instance, brought support for the Apple Pay mobile wallet to stores across the country, per reports in October. Businesses pay 2.75

Retail 259

Retail Payments Mobile Apple 259

PYMNTS

OCTOBER 15, 2020

“We look at it as a conversation that drives action, which has a consequence for everything from a purchase to a loyalty program,” Mike Herrick , SVP of technology at customer engagement platform Airship , told PYMNTS. It can drive user attention effectively, and it personalizes the way our technology works.

Retail 188

Retail Technology Branding Mobile 188

PYMNTS

JANUARY 11, 2021

India-based Goldiam International has completed the soft launch of its B2B website after the acquisition of Eco-Friendly Diamonds , a successful CVD diamond growing company, a report from Business-Standard says. retail jewelry industry. On Friday, Goldiam's stocks were trading in the green, an India Infoline report said.

Retail 197

Retail US User Experience Innovation 197

PYMNTS

FEBRUARY 11, 2020

who would like to buy a wide variety of products and services through unattended retail channels, such as vending machines, self-service kiosks and even fully automated stores. This indicates not only a major gap between the demand for and supply of unattended retail options, but a huge potential for market growth. There are 48.7

Retail 153

Retail Data Examples Report 153

PYMNTS

SEPTEMBER 30, 2020

Talks between the two companies were previously reported by Bloomberg. CNBC reported giant retailers and health plans are acquiring online pharmacy startups as a way to make it easier for patients to access medicines. Customers get pre-sorted individual packs, with dates and times marked when they should be taken.

Online 198

Online Report Illinois Seattle 198

PYMNTS

MAY 27, 2020

Apple , which runs 510 retail locations throughout the globe, intends to open roughly 100 U.S. The technology company will have approximately 130 of 271 Apple Stores in the country open by this week’s conclusion, CNBC reported. stores this week.

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Apple Retail US Nevada 142

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. “A

Banking Trends 151

Banking Trends Retail Trends Community Bank 151

PYMNTS

MAY 12, 2020

Picture, instead, fleets of utilitarian machines, squat, careful and not at all threatening, rolling through retailers’ aisles, hospital wings and other avenues of everyday human life. told Karen Webster that retailers and other firms are going to need to consider “cleanliness as a brand value.”. Brain Corp. It became essential.”.

Retail 247

Retail Branding Software Technology 247

PYMNTS

MARCH 18, 2020

Believe it or not, there will be a time when the phrase “retail resurgence” replaces “store closings.” And research from Nielsen says it may come from retail technology. The company says the potential for a major spending boost is driven by an overall acceptance of shopping technology.

Retail 144

Retail Technology Examples Online 144