Convenience retailer Yesway adopts Relay’s fuel payment software
Payments Dive
DECEMBER 1, 2023
Relay’s cardless purchasing capability allows more fleets and drivers to avoid fraud caused by card skimming, the logistics payment company said.
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PYMNTS
SEPTEMBER 22, 2020
Mirakl , the cloud-based eCommerce software company headquartered in Paris, has raised $300 million in its latest funding round, Bloomberg News reported. Mirakl provides online marketplace software to manufacturers, wholesalers and retailers, including Kroger Co., billion, the company’s U.S. according to its website.
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PYMNTS
JUNE 13, 2018
Amazon is replacing some of its retail veterans with software that predicts what shoppers want and how much merchants should charge for it. The shift to automating retail team jobs started several years ago with an initiative called “hands off the wheel.”
Bank Innovation
MAY 4, 2020
The Swiss banking technology company Temenos is teaming up with Microsoft to help banks implement crime-fighting software for financial institutions. Through the partnership, banks can trial the software for 14 days through the end of June before changing their cybersecurity systems.
Payments Dive
NOVEMBER 1, 2023
The payments processor’s new point-of-sale software for retail and restaurant customers will launch in early 2024, not this year.
PYMNTS
AUGUST 6, 2020
BigCommerce , which works in software for online business operations, saw its value rise by 292 percent after an initial public offering (IPO) for $216 million was priced above a target range, according to a report by Bloomberg. exchange for a company raising at least $100 million, according to Bloomberg’s data. 4) for $24 each.
PYMNTS
OCTOBER 30, 2018
It’s never easy being a mom-and-pop merchant, or a similarly small retailer, given the resources of the bigger rivals out there, along with the pace of commerce and payments technology development. Retail Changes. However, that also provides endless business opportunity for payment and commerce service providers, of course.
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.
PYMNTS
JULY 3, 2019
That stands as one of the small, but potentially appealing uses of omnichannel technology and processes outside of retail — a growing trend as the digital economy continues to encompass even more products and services, and as consumers come to expect seamless experiences everywhere and depend more heavily on their mobile devices.
PYMNTS
MARCH 26, 2019
Instead of depending on outside vendors, DICK’S Sporting Goods is hoping to gain a competitive advantage by building its software in-house. The retailer’s Chief Technology Officer Paul Gaffney is heading up the work, The Wall Street Journal reported.
Bank Innovation
MARCH 27, 2019
SigFig, a San Francisco fintech specializing in robo advice, today unveiled SigFig Atlas, an interactive platform for financial advice and software-guided sales that faces both retail banks and their customers.
PYMNTS
SEPTEMBER 12, 2019
Video games are helping to drive retail innovation and growth, and that includes the hot area of subscription commerce. The move is one of several that Tilly’s has been pursuing recently to draw additional foot traffic in an era when, like many youth-focused retailers, it is seeing its sales constantly shifting online.
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. According to the PYMNTS Virtual Reality In Retail Report , there are expected to be 100 million AR/VR headset users by 2022.
PYMNTS
DECEMBER 19, 2019
That’s because cameras are playing a much bigger role in retail, a trend that will keep gaining steam in the new decade. The Associated Press reports that cameras are, at least somewhat quietly, making inroads into a number of retail outlets in a bid to, well, get to know you. are now looking to follow suit.”. Security Cameras.
PYMNTS
JUNE 4, 2016
Some, like Walmart, think the argument has a forgone conclusion — and the retailer has already begun overhauling its business to meet that standard well in advance. Which leaves retailers with one of two choices. Which leaves retailers with one of two choices. One is to raise prices. That burger that used to cost $2.50
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.
PYMNTS
DECEMBER 28, 2020
The dreaded returns season has hit retail with a predictable but painful thud. In fact, forward-thinking retailers are looking at the return process as a chance to create a positive customer experience. In fact, forward-thinking retailers are looking at the return process as a chance to create a positive customer experience.
PYMNTS
OCTOBER 21, 2019
German eCommerce software company commercetools has raised $145 million in a funding round led by Insight Partners, at a valuation of $300 million. In our opinion commercetools represents the next wave of enterprise commerce software and has the potential to unlock powerful innovation and growth within the e-commerce sector.”.
PYMNTS
JUNE 8, 2020
Retail dispute management system Chargeback announced Monday (June 8) that it has closed a $6.6 Chargeback said the money will accelerate its growth and ability to help online and offline retailers decrease credit card disputes, achieve higher win rates and retain more revenue. million Series A1 funding round.
PYMNTS
JULY 19, 2019
Iconic brick-and-mortar retailers are sometimes reinvented, and return to the world of retail with smaller-format concepts. Tru Kids has entered into a joint venture with the software-powered experiential retailer b8ta to offer a new store experience with curated toys in “highly immersive, smaller-format spaces.”.
PYMNTS
AUGUST 27, 2019
When it comes to retail innovation — changes that promise to influence commerce not only this year, but in the 2020s — cameras could have a significant role. This data certainly isn’t nothing, but it pales in comparison to the data troves that digital retailers have. That’s not the only way innovation with cameras can help retailers.
PYMNTS
JANUARY 17, 2018
Under the terms of the deal, H&R Block will become the sole provider of tax software available at Walmart stores. “At Walmart shoppers expect to get the best value possible, and in this partnership with Walmart, H&R Block desktop software is committed to meeting customers’ tax prep needs.”.
PYMNTS
JUNE 17, 2019
Is the store register on its way out in favor of other retail and payments innovation? In case you didn’t hear, Target faced a register outage that lasted for about 90 minutes on Sunday (June 16), which meant the retail chain couldn’t process cards or other forms of payment. That’s the message from a company called LISNR, at least.
PYMNTS
MARCH 12, 2020
For retailers looking at stockouts, empty stores and the worst still to come, talk of recovery might seem premature. Retailers should first understand that the most stress is likely being placed on front-line employees and, if applicable, customer service reps. “All things must pass,” as George Harrison said.
PYMNTS
APRIL 16, 2019
Retailers put together window displays and signs to create enticing storefronts, engage customers via social media and send printed ads through the mail. There’s a lot of complementary technologies that are being offered today that can be incorporated into the whole self-serve or unattended retail system,” he said. Unattended Loyalty
Bank Innovation
FEBRUARY 3, 2020
Paytm introduced a stand that displays QR check-out codes that comes with a calculator and USB charger, a so-called sound box that provides voice confirmations of transactions, cloud software […].
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. While the pharmacy retailer had slowly brought the functionality to its brick-and-mortar stores, the rollout was subsequently publicized.
PYMNTS
APRIL 16, 2018
HP is reportedly stepping into the cannabis industry with a new partnership to provide businesses with financial management software, according to The Washington Post. Reports on Friday (April 13) said HP is collaborating with Flowhub to develop software for legal cannabis companies.
PYMNTS
AUGUST 12, 2020
ShipStation , which works in eCommerce shipping, has collaborated with SAP to launch new enterprise resource planning (ERP) software, according to a press release. The software is designed for small- to medium-sized businesses (SMBs) in eCommerce.
PYMNTS
NOVEMBER 5, 2019
Boulevard , a provider of back-office management software for the spa and salon industry, has raised $11 million in a Series A funding round from investors, including Index Ventures and Bonfire Ventures. salons and barbershops make up a $315 billion industry, with almost 3 million small businesses and 4 million independent aestheticians.
PYMNTS
JULY 26, 2017
Sometimes, even the best businesses, big and small, need a little help from software. The latest PYMNTS.com Developer Tracker™ , powered by Vantiv, looks at companies around the space using software development to help build their businesses. Developing Software Specifically for the Smallest Businesses. About the Tracker.
PYMNTS
AUGUST 26, 2019
The August Automated Retail Tracker examines all the latest ways that supermarkets and other retailers are implementing technologies to provide more robust, high-speed services. Around the Automated Retail Wo rld. Kodak Moments is also working to advance self-serve retail with a newly launched photo printing kiosk.
PYMNTS
NOVEMBER 12, 2018
Walmart plans to bring an Intelligent Retail Lab to a Levittown, New York, store to experiment with customer and associate experiences. In one case, the retailer could use the technology for inventory: It could reorder items when a store is running low. The lab team is also reportedly inside the retailer’s Store No.
PYMNTS
JULY 24, 2020
When Indochino launched in 2007, the company wasn’t out to create a new template for the entire retail sector, just a better product with better prices and a better buying experience. For instance, if scheduling software fails, the company’s business model “collapses into chaos immediately,” Green said.
PYMNTS
MAY 24, 2017
These days, eCommerce is a major component for most retail businesses hoping to survive, and thrive, into the future. The company announced earlier this month that it is bringing support for mobile and unattended retail devices to brick-and-mortar retailers in the U.K. Developing the Right Omnichannel Software Fit.
PYMNTS
JUNE 13, 2019
Retail is getting more visual, and that stands to be the case for locally-focused merchants as they compete for attention and consumer dollars with the likes of Amazon and Walmart. Indeed, augmented reality is among the tools that local retailers look ready to adopt for further use. Contextualizing Commerce.
PYMNTS
FEBRUARY 3, 2020
Depending on how a customer makes a return, some retailers will take a portion of the return shipping costs out of the refund amount. The company works with online retailers to facilitate returns with better options for consumers and a more efficient supply chain. This change is in the retailers’ best interests, noted Geller and Sobie.
PYMNTS
JUNE 3, 2019
Online retail has had a tremendous impact on logistics, further evidence of which emerged on Monday (June 3). and other retailers to fulfill orders from online shoppers.” As PYMNTS has covered , it’s a good time in America to have a retail space ready to rent out, as eCommerce merchants are on the hunt and signing large contracts.
PYMNTS
JUNE 7, 2020
The online news service reported Facebook revealed 13,000 human to human conversations across two retail spaces, furniture and fashion, were used as data for the training. Facebook’s mission is to imitate human chat by responding to images and messages as a person would.
PYMNTS
FEBRUARY 27, 2020
In this case, it’s the gap between interest and intent, the chasm that lies between consumer awareness of unattended retail and actually taking the plunge in buying at the kiosk and vending machine. At a high level, according to PYMNTS data , unattended retail is reaching only one-tenth of its potential. Hurdles For Larger Merchants.
PYMNTS
MARCH 26, 2019
Retailers in the physical world are at a real disadvantage when it comes to knowing the customers in their stores, and what they do once they get there. The list goes on, but suffice it to say, the jokes about digital retailers knowing more about customers than they know about themselves didn’t appear in the culture out of nowhere.
PYMNTS
APRIL 17, 2019
The race to 5G retail is on. Recent news out of Asia serves as solid foreshadowing of how 5G could enhance retail in the coming few years. 5G Retail Plans. South Korea’s SK Telecom and retail conglomerate Shinsegae Group have joined forces on 5G retail, for instance. We don’t have specialized hardware.
PYMNTS
APRIL 30, 2019
According to Will Byrne, CEO of Worldnet Payments , the kiosks and smart shelves that are gaining traction across any number of commerce and retail settings may even shift the employment picture a bit. The Changing Retail Footprint. As unattended retail notches an increasing footprint, said Byrne, other use cases will also emerge.
PYMNTS
MARCH 25, 2019
To help meet customer expectations in the digital age, retailers have to know who their shoppers are and what they want. While eTailers already have this information about consumers, brick-and-mortar retailers don’t have this in-depth knowledge. They can also help capture the ages, genders and emotions (in some cases) of shoppers.
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