US Bank deploys smart assistant to boost digital banking
Payments Dive
JULY 24, 2020
US Bank is deploying natural language processing and AI-based technology to move more of its retail banking business onto the mobile banking app.
This site uses cookies to improve your experience. By viewing our content, you are accepting the use of cookies. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country we will assume you are from the United States. View our privacy policy and terms of use.
Payments Dive
JULY 24, 2020
US Bank is deploying natural language processing and AI-based technology to move more of its retail banking business onto the mobile banking app.
Perficient
DECEMBER 10, 2020
Perficient is excited to present Retail Roundtable: A Year of Change in E-commerce and Supply Chain with the Dallas Business Journal. With that, our shopping habits have changed, altering the ways retailers are doing business. However, many retailers only had mere weeks to ramp up programs to support these new shopping habits.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
PYMNTS
OCTOBER 5, 2020
The Carrboro, North Carolina-based chain has used its technology-first strategy to get, keep and grow its customer base – even while its stores were shut down early in the pandemic. Fleet Feet has come up with proprietary technology to address that. More than one million Fleet Feet customers have used the technology.
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. Apple’s locations, for their part, many times anchor key shopping centers or areas.).
Payments Dive
APRIL 18, 2019
Sporting goods retailer Decathlon is testing the limits of cashless retail with technology firm NewStore, which developed an iPhone-based ominichannel platform to transform the store experience.
Payments Dive
DECEMBER 6, 2022
The retail giant is serving as a technology vendor to an independent grocer reopening soon in Kansas City, Missouri.
PYMNTS
JANUARY 11, 2021
retail jewelry industry. Udaan plans to utilize the new funding to reach out to a greater amount of India's small businesses, improve its user experience and boost its technology program. On Friday, Goldiam's stocks were trading in the green, an India Infoline report said.
PYMNTS
NOVEMBER 19, 2020
Afresh Technologies has raised $13 million in a Series A extension round to expand its fresh food management technology that helps grocers reduce food waste. The round was led by Food Retail Ventures and joined by existing investors Innovation Endeavors , Maersk Growth , and Baseline Ventures.
Payments Dive
OCTOBER 9, 2018
Restaurant and retail executives that gathered in Chicago this past summer for the Networld Media Group's annual CONNECT: The Mobile CX Summit shared their thoughts with us about the hottest trends in mobile technology in this exclusive video.
PYMNTS
NOVEMBER 9, 2020
For most of us, a stroll down the chilled or frozen food aisle in the supermarket is essentially an in-store version of window shopping. From a business standpoint, we believe that things like sales lift are obviously a really important metric,” Dravenstott said, “and you don't hear that much in brick and mortar retail.
PYMNTS
SEPTEMBER 17, 2018
“Our mission is to create the most personal luxury shopping experience in the world, so we wanted an environment where we could initiate conversations with our customers and create a global sense of community enabled through the power of technology,” CEO Ulric Jerome said. The physical store is not an entirely unique experience.
PYMNTS
NOVEMBER 16, 2020
When he first came up with the idea for an eCommerce technology company, Co-founder and CEO Finbarr Taylor was in the process of plowing through this story of medieval Japan. Shogun the company makes the details of running an eCommerce site easy enough for its users to live and profit from despite the deep technology that powers it.
PYMNTS
JANUARY 13, 2021
Toshiba Global Commerce Solutions unveiled its ELERA unified commerce platform that will let merchants operate without the bounds of traditional retail IT infrastructures, according to a Wednesday (Jan. ELERA is currently used by the high-volume retail grocery and general merchandise verticals.
Payments Dive
APRIL 18, 2019
Sporting goods retailer Decathlon is testing the limits of cashless retail with technology firm NewStore, which developed an iPhone-based ominichannel platform to transform the store experience.
PYMNTS
FEBRUARY 12, 2019
Even with the liquidation of Toys R Us operations in the U.S., consumers can engage with Toys ‘R’ Us and Babies ‘R’ Us again this holiday season.” consumers can engage with Toys ‘R’ Us and Babies ‘R’ Us again this holiday season.” Australia and the U.K., ahead of Christmas, Bloomberg reported. Tru Kids Inc.
PYMNTS
JANUARY 15, 2021
“We value Blackhawk’s reliable integrations and powerful connections to some of the world’s best brands in addition to its innovative approaches to helping us solve some of our most daunting challenges,” Givingli CEO and Co-Founder Nicole Emrani Green said in the announcement. eGifts can be given in amounts between $5 and $500.
PYMNTS
JANUARY 14, 2021
Retailers made all sorts of quick pivots to their eCommerce sites as the pandemic unfolded, but in-store legacy technology proved to be an obstacle for many of them. We’ve lived through COVID with them … and our new platform is something that allows us to expand that end-to-end strategy.”. Unveiled Wednesday (Jan.
PYMNTS
JANUARY 3, 2021
A surge in eCommerce returns driven by COVID-19-related policy changes is hurting retailers but helping logistics companies, the Financial Times reports. If retailers can't restock the item, they lose whatever they paid for it. As undesirable as accepting returns is, retailers are trapped, the Financial Times noted.
PYMNTS
MAY 12, 2020
Not the humanoids that are the stuff of science fiction that ostensibly, one day, will do our bidding (and, depending on who you read, perhaps conspire against us). told Karen Webster that retailers and other firms are going to need to consider “cleanliness as a brand value.”. Brain Corp. It became essential.”.
PYMNTS
JULY 24, 2019
The Justice Department is right to be looking into Amazon’s practices as part of its antitrust review of big technology companies, Treasury Secretary Steven Mnuchin said Wednesday (July 24). . “I A broad antitrust review of big technology companies was announced by the Justice Department on Tuesday (July 23).
PYMNTS
SEPTEMBER 3, 2020
“And in many places, for the first time, our retailers are open to it. And I said, ‘well, funny enough, the puck went right to us.’”. And the answer is, “Yes, a bar code can give you a way to do that — and in a form that retailers already understand how to accept.”. They're seeing this as an opportunity to change and shift.”.
PYMNTS
SEPTEMBER 13, 2019
Voice recognition could soon play a bigger role in retail — especially in the world of quick service restaurants. The company said in an announcement that the arrangement is another bold step in advancing employee- as well as customer-facing innovations while bolstering the technological capabilities of the chain. Other Moves.
PYMNTS
JUNE 24, 2019
Retailers are getting smarter about artificial intelligence (AI), and the latest example of that innovative effort comes from Walmart. According to a new report , the retail chain, hoping to reduce checkout theft, is turning to cameras powered by AI, with deployments underway in some 1,000 stores.
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
SEPTEMBER 13, 2019
Brick-and-mortar retailers are doubling down on digital as they look to staff their stores for the busy holiday shopping season. The retailer noted that all seasonal hires will have a minimum hourly starting wage of $13 an hour. Target is also offering an array of benefits to the seasonal workers, which all hourly team members receive.
PYMNTS
JULY 28, 2017
From manufacturing to customer service, there have been several parts of today’s workforce that have been automated by some form of smart technology. Over the last few years, chatbots have taken the retail space by storm, helping to automate several key aspects of customer service. What’s the effect of chatbots on the retail industry?
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
OCTOBER 8, 2020
The digital shift may transform retail storefronts in Europe. To that end, in Europe, Czech firm Nulisec has debuted an online B2B marketplace focused on European retailers — geared toward improving sales and procurement processes. At the moment, retailers are hostages of their local suppliers,” he said.
PYMNTS
FEBRUARY 14, 2020
For some purchases – costly designer fashion and jewelry, luxury cars and major household goods, for example – most of us prefer to have a product expert to guide us (and maybe even upsell us). But there’s an entirely different retail universe where human “help” feels like an imposition. It adds value.
PYMNTS
APRIL 27, 2020
But after that initial download, retailers and purchase aggregators pretty much let users run the course of their screens, never thinking that advanced applications would someday become important. Some companies have been trying to bring retailers into the new world of “necessary” location-based app technology for mobile retailing.
PYMNTS
MARCH 1, 2019
That includes, as Roadie CEO Marc Gorlin said, a Delta ticket agent in the California Bay Area who, through Roadie’s digital technology, delivers misplaced bags to travelers who happen to be located along the route that the agent uses to drive home after shifts. “He The general experience can apply to retail goods, including groceries.
PYMNTS
JUNE 12, 2019
One example in retail and payments is tech incubators — specifically, those run by specific companies and brands, a trend that shows signs of growing even more in the 2020s (which, let us remind you, are only a few months away). This QR code can lead to a more expensive transaction and a less seamless experience compared to NFC.”.
PYMNTS
DECEMBER 16, 2020
Benetton Group , an Italian fashion company, is teaming once more with retail market intelligence firm EDITED as an "essential platform" for its future three-year roadmap, according to a Wednesday (Dec. 16) announcement. “As
PYMNTS
NOVEMBER 11, 2020
Buy now, pay later (BNPL) payments platform Afterpay is teaming up with retailer Gap to offer flexible spending options as the holiday shopping season gears up. It also teamed up with major retailers across the U.S. We are proud to partner with Gap Inc. Last month, AfterPay partnered with Simon Mall in a national collaboration.
PYMNTS
DECEMBER 4, 2020
The hot new thing in “Big Retail” is offering in-house advertising on your website to your vendors – because why get paid only once on a purchase if you can get paid twice? In short, retailers get paid to place the ad, and then get paid again when the merchandise is sold. Enormous Potential.
PYMNTS
NOVEMBER 15, 2016
Technology is the new norm for restaurant customers worldwide — especially if those customers happen to live in Asia or the Middle East. In another restaurant technology survey of U.S. consumers , 79 percent agreed that restaurant technology improves their guest experience. Customers want convenience. fall short. While the U.S.
The Paypers
JULY 12, 2023
Southwest Airlines has tapped US-based payment technology solutions company MOST to power its inflight retail experience.
PYMNTS
FEBRUARY 10, 2020
Start creating more customer data to feed the algorithm and then you too can join the artificial intelligence (AI) retail revolution. Retailers can engage with an “AI lite” strategy that produces lookalike customer data and a level of predictive analytics. But the present and future of AI in retail is much richer. Not so fast.
PYMNTS
JANUARY 7, 2019
While Toys R Us has disappeared from the United States, it is going strong in Asia, which plans to open 60 new stores throughout the region this year. We are cautiously optimistic,” said Jo Hall, Toys R Us chief commercial officer for Greater China and Southeast Asia. “We This follows Toys R Us shuttering all of its U.S.
PYMNTS
MAY 2, 2018
Retailers and retail landlords are reporting strong first-quarter earnings results, beating analysts’ expectations in many cases. billion, according to news from Retail Dive. In some cases, the retailer is demolishing existing stores to create new uses of the land. billion on Friday (April 27).
ATM Marketplace
JULY 28, 2020
US Bank is deploying natural language processing and AI-based technology to move more of its retail banking business onto the mobile banking app.
PYMNTS
NOVEMBER 9, 2020
We’re charging forward on our journey to revitalize the chain drug store experience — store by store, community by community — and today we’re ready and excited to invite customers to join us on this journey,” said Rite Aid Chief Operating Officer Jim Peters.
Bobsguide
MAY 26, 2022
Generation Life CEO, Grant Hackett OAM , said: “Working together with the GBST team, we have been able to improve and expand our financial technology capabilities to allow us to build out an innovative solution for the retirement income market.
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.
Expert insights. Personalized for you.
We have resent the email to
Are you sure you want to cancel your subscriptions?
Let's personalize your content