The Retail and Tech Firms That Could Upend Mainstream Banking

Payments Source

Fintech Retailers Digital payments Gig economy

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Should retail banks be retailers?

Chris Skinner

Admittedly, he says it’s partly inspired by my blog of last year about challenger banks, but his write-up takes it further and has a swipe at the whole bank culture … The post Should retail banks be retailers?

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Hackers using text messaging to target retailers

Payments Source

Retailers Cyber security

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Green Shoots And Challenges In Retail


Overall retail and food sales stalled in April in the face of increasing prices and the absence of stimulus checks that powered a large increase in March. And in digital currencies, consumers want to use cryptocurrency to pay for retail purchases.

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The Empowered Consumer

When it comes to working with the empowered consumer, AI has the power to help your business thrive by leveraging your own data to better understand your customers. Read our ebook, The Empowered Consumer, to learn more about how AI can help you connect with your customers.

Self-service retail and the changing landscape on payments

Mobile Payments Today

Self-service technology allows retailers to meet customer expectations established by the pioneering tech efforts of brand's, like Starbucks. These installations take diverse forms, a CES panel demonstrated

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Shogun Brings Big Retail Tech To Digital-First Retailers


Some retailers are just excellent about telling stories about themselves and about the products that they're selling,” Taylor told PYMNTS. Both have been key developments to helping retailers participate in the digital-first economy. Don’t read too much into the name.

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Emerging Challenges And Opportunities In Retail


In brick-and-mortar retail, marketing platform Perch has teamed with Nestlé’ s Purina pet care brand to make end-cap displays at a time when businesses are rethinking the physical store in response to the rapid growth of eGrocery.

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Opportunities In Retail And Disbursements 


Today In Data Commerce disbursements grocery News payments Retail Today in DataThe Home Depot and Lowe’s , among others, are prospering in the stay-at-home economy.

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CBDC for Retail, Wholesale and International Payments


Retail, wholesale and international payments using CBDC would expand choices, enabling more diversified payment systems and greater autonomy for the central bank. CBDC for retail payments CBDC can serve as a settlement medium for digital transactions online….

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Google’s First Retail Shop To Open Thursday


The tech giant said about expansion that it will “continue to explore and experiment with the possibilities of a physical retail space and build upon the experience,” 9to5Google reported. Retail brick and mortar Google News What's Hot

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The Challenges Of Unattended Retail Payments Ubiquity


CPI is a global manufacturer of intelligent payment, cash processing and retail automation technologies serving unattended and semi-attended markets, including vending, financial services, retail, transportation, banking and gaming.

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Innovative Approaches To Retail And Dining 


Today In Data Commerce News payments Restaurants Retail Today in DataBest Buy recently revealed plans to grow its product offerings into the travel and outdoor living categories.

Positive Developments In Retail And Digital Banking


Kohl’s reported that its store sales soared during its most recent quarter, while the retailer’s digital sales climbed year over year. In other retail earnings, Petco reported that its net revenue surged in its most recent quarter at a time when more pets are in homes than ever before.

Digital payments and the retailer

Mobile Payments Today

Some retail outlets are experimenting with moving to digital payment-only operations. As non-cash payments become the norm, some retailers, particularly in hospitality, no longer accept cash. While there are downsides to managing cash, what are the pitfalls of refusing to deal with it

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Retail 2021: The Five Things Retailers Should Be Talking About At NRF This Week


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.

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Upward Trends In Retail And Digital Innovation 


In the economy, retail sales surged in January after consecutive months of falling sales, while in payment methods, automatic debit payments can help utility providers bolster cash flows as well as collections. Today In Data Commerce digital Innovation News payments Retail Today in Data

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The Rise Of Retail Technology And Promotions


In marketing, a growing list of counter-offers and promotions from retailers that compete with Amazon could make this the most competitive Prime Day ever. 72% : Share of bridge millennials who use mobile devices to shop with their regular retailers. $10

SCA: Five Months to Go


We’re five months away from the final regulatory deadline set by the Financial Conduct Authority for card issuers, payments firms and online retailers to implement Strong Customer Authentication (SCA).

Accelerating Retail And Digital Transformations 


consumers who have shifted their retail purchasing online during the pandemic. 35B : Minimum amount retailers are projected to spend on digital advertising this year. Today In Data Commerce News payments Retail Today in Data

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eCommerce Retailers Make Trading Debuts In Global IPOs


About You’s rivals on the retail side include companies such as Zalando SE and Asos Plc. IPO ecommerce funding international IPOs News Retail

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Digital Technology Boosts Retail, Banking Innovation


In retail technology, the potential for unattended retail keeps expanding in today’s era of social distancing. 46B : Projected value of the unattended retail market by 2027. Today In Data banking Commerce Innovation News payments Retail Today in Data

Capturing Consumer Spend And Investment In Retail


Amazon is reportedly closing in on Walmart’s lead in auto parts , one of the last segments where the latter retailer enjoys a lead besides food. In warehouse club retail, stimulus checks have bolstered January same-store sales at Costco , which recently reported January sales data.

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Wachter helps retailers integrate customer engagement technology

Mobile Payments Today

Matt Tyler, director of IoT, Wachter, discusses how the network technology integrator identifies the turnkey solution that works to address the challenges retailers face in attracting new customers

Digital Technologies Drive Innovation In Retail, Payments


In retail technology, Toshiba Global Commerce Solutions ’ new Elera system aims to supplant in-store IT systems with a new cloud-enabled technology. Today In Data Commerce digital commerce News payments Retail Today in Data

Consumers Eye Retail Settings For ‘Spendable’ Crypto 


And drilling down a bit, where they want to spend cryptos is noteworthy: As many as 46 million consumers – about 18 percent of the total population – would consider using crypto in a retail setting, regardless of whether they own the digital offerings at present or not.

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Square Unveils New Management Features For Retailers


Square has unveiled new inventory management features for its retailer sellers, the digital payments company announced on Thursday (April 22). Last year was a challenging one for retailers. Retail Digital Payments ecommerce inventory News Square What's Hot

Growth And New Beginnings In Retail 


In retail personnel, current Amazon Chief Executive Jeff Bezos will be handing off his CEO responsibilities to Andy Jassy and moving into an executive chairman role. Today In Data Commerce News payments Retail Today in Data

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Amazon Acquires Indian Digital Retail Platform Perpule


Amazon has bought retail tech startup Perpule in an all-cash deal worth nearly 1.1 It has also scaled its Local Shops program to include over 50,000 offline retailers by March, planning to double that by the end of the year, the report stated.

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Retailers Are Spooked By Halloween


Caught between the focus on Labor Day and the holiday season, yet another retail event looks like it’s being scorched by the pandemic. Halloween sales are expected to be significantly impacted by social distancing concerns, and some retailers are already warning about the consequences. “We

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Emerging Changes In Retail And Consumer Behavior  


In retail payments, Gap Inc. Today In Data Commerce News payments Retail Today in DataGameStop has been on a wild ride for the last half of a year, with its stock price soaring amid speculation that it was either going out of business or headed to the moon.

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Retail Sales Surge On Stimulus


Retail sales rose in January by 5.3 The increase in retail sales followed three consecutive months of declining sales during the 2020 holiday shopping season. percent retail sales increase beat economists’ estimates, which forecast a 1 percent rebound in January retail sales.

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US Retailers Added 249,000 Jobs In August


4) jobs report brought good news to the nation’s retail sector as it added nearly one quarter of a million jobs in August. It’s encouraging to see retailers bring back these jobs,” Sonia Lapinsky, a managing director at AlixPartners, the Michigan-based consulting firm, told the newspaper.

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Virtual Fitting Features Win Support Of Consumers And Retailers


Whether its Amazon Prime Wardrobe , Walmart ’s acquisition of Zeekit or some of the countless other players in between, everywhere you turn these days, it seems retailers are sizing up virtual fitting as a way to woo online customers.

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NRF Lists Hot 100 Retailers


For retailers, it’s better to be hot in 2020 than top. based trade group said the Hot 100 report provides a glimpse into the future of retailing as experts make predictions for a post-coronavirus world. But COVID-19 has changed the size and quantity of retail locations across the U.S.,

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