PYMNTS

JULY 9, 2019

Automated retail might conjure up images of robot cashiers, but beyond a few convenience stores in Japan and Korea, that sci-fi development hasn’t yet become reality for the wider world. The latest Automated Retail Tracker explores these trends and new developments in the unattended retail space.

Retail 180

Retail Houston Minnesota Austin 180

PYMNTS

FEBRUARY 27, 2019

million fine against Mastercard for its swipe fees, which regulators said drove up prices for retailers and consumers, and hampered competition. Meanwhile, the EC has extended the deadline to release its review of the effectiveness of the Interchange Fee Regulation (IFR), which came into effect in 2015.

Cards 176

Cards Retail Regulation Payments 176

PYMNTS

MAY 29, 2019

It’s not often that one gets to see a new form of retail emerge, but that’s what’s happening with, of all things, legal recreational cannabis. So far, this retail is taking a form that is big, feminine and even a bit luxurious. The retailer said it is launching The High End, a luxury cannabis lifestyle and wellness concept shop.

Retail 186

Retail Las Vegas Leadership Industry 186

Accenture: Banking

NOVEMBER 11, 2019

When I look at the retail payments market, I see all the attributes that any strategist worth his salt would love: It’s large, growing, profitable and accessible. The North American retail payments market is $300B and has grown at a 6 percent CAGR between 2015 and 20181, generated strong margins and has contributed significantly to….

Retail 150

Retail Payments Marketing America 150

PYMNTS

NOVEMBER 23, 2018

By working collaboratively with these retailers, we’ve created a way for businesses to take proactive steps to prevent scams,” New York State Attorney General Barbara Underwood said in a statement. The retailers have stepped up their training, too, in an effort to aid workers in identifying scams.

Fraud 156

Fraud Cards Retail New York 156

PYMNTS

JANUARY 21, 2020

And nowhere is that aphorism better illustrated over the last decade than with the statistic that more than 90 percent of all retail sales took place at brick and mortar stores. It gave retailers the illusion that digital was the retail cart driven by the physical store horse. The answer, she noted, is complex.

Retail 168

Retail Innovation Data New York 168

PYMNTS

JANUARY 8, 2021

Bloomberg notes that such an offering would be unusual, as retail investors generally do not get an opportunity to participate in an IPO at the offering price. Having retail investors buy shares ahead of the opening could also limit the size of the rally of the stock on its first day of trading.

Massachusetts 363

Massachusetts Fintech Millennials Retail 363

Bank Innovation

JANUARY 7, 2020

in 2015, the automation of money movement in conformity with the […]. At first glance, New York-based Qapital, a digital banking, investing and budgeting platform, might look like a challenger bank. But CEO and co-founder George Friedman says Qapital’s offerings are more than just a collection of financial products.

New York 362

New York Digital Banking Customer Experience Management 362

PYMNTS

JANUARY 8, 2020

Auto sales are driving retail trends, as online marketplace and auction site eBay has released a new eBay Motors app. Data: 2015: The year the previous eBay Motors app was discontinued. At the same time, Carvana , a firm that allows consumers to browse and purchase vehicles online, has added a new virtual financing option.

Las Vegas 130

Las Vegas Trends Retail Data 130

PYMNTS

AUGUST 26, 2019

Pretty much everyone needs medicine at one or another, and that need is helping to drive retail innovation and attempts at disruption in the pharmacy business. The news represents the biggest round of store closures for Walgreens since 2015. But innovation efforts continue for retail pharmacy operations. Delivery Push.

Retail 136

Retail Innovation United States ATM 136

PYMNTS

JANUARY 2, 2020

He estimated that yearly worldwide losses from retail returns are almost $1 trillion – higher than 2015’s $600 billion. A 2018 report from the Appriss Retail and National Retail Federation noted that roughly 10 percent of products sold in the U.S. million gifts and other products back to U.S.

National 131

National Retail United States California 131

PYMNTS

DECEMBER 30, 2019

According to a study by the Center for Retail Research (CRR), More than 2,750 jobs were lost every week — about 61 every working day. The study also said that without further government intervention, job losses in retail could hit 171,000 next year. Retail is still the U.K.’s Joshua Bamfield, director of the CRR.

Retail 132

Retail Study Taxes Groups 132

PYMNTS

JULY 25, 2019

Recent days have brought new evidence of the importance of robust loyalty and rewards problems in retail, an areas of ongoing innovation, and a way for merchants of all types to stand apart in a fiercely competitive industry. Retail Card Programs. The move adds to Trax’s stable of retail tech.

Retail 132

Retail Cards Mobile Video 132

PYMNTS

MARCH 2, 2020

s most high-profile retailers is doing well in the U.S. and another one is ready to open, both of them seeking a new market as their home turf sees retail struggles. s fastest growing brick-and-mortar retailer, Wren Kitchens. And also in training our retail staff to offer the customer a fantastic service.”.

Retail 132

Retail Marketing US Connecticut 132

Bank Innovation

DECEMBER 10, 2019

The firm, which closed a $250 million fund in 2015, primarily invests in business-to-business technology companies. Centana Growth Partners, a New York and Palo Alto, Calif.-based based growth equity firm, closed its second fintech valued at $375 million this week.

Fintech 293

Fintech New York Technology Company 293

PYMNTS

JANUARY 16, 2020

Close the door and buckle up – retail automotive sales are getting an upgrade. The app is a replacement for the previous eBay Motors app, which was discontinued in 2015, and it is available in the U.S. The app is a replacement for the previous eBay Motors app, which was discontinued in 2015, and it is available in the U.S.

Retail 131

Retail Detroit Video Online 131

PYMNTS

AUGUST 17, 2020

The Commerce Department released July’s retail sales last week, showing an increase in seasonally adjusted retail spending – up 1.2 Analysts reported that physical retail sales, seasonally adjusted, were up 2.7 And what we also see is only one part of the retail sales story. percent growth in June.

Retail 335

Retail Branding Online Report 335

PYMNTS

NOVEMBER 22, 2019

Retailers are tapping into voice technology to help consumers order their favorite products such as restaurant takeout as they expand their artificial intelligence (AI) strategies. From 7-Eleven to Chipotle Mexican Grill, retailers are expanding their digital ordering strategy with the help of voice assistant technology. Kroger Co.

Retail 139

Retail Strategy United States Comparison 139

PYMNTS

JANUARY 3, 2020

Ouai , a hair and body care brand founded by celebrity hairstylist Jen Atkin, will roll out some of its merchandise in 1,200 Ulta Beauty locations in addition to the retailer’s website on Sunday (Jan. The retailer wrote in a tweet , “We’re starting off the decade with a big announcement: “@theouai by Jen Atkin is launching at Ulta Beauty!”

Retail 131

Retail Industry Branding Miami 131

PYMNTS

DECEMBER 18, 2020

Petpal was officially launched in 2015 and offers more than 1,000 products to some 50,000 users primarily located in the country’s three most affluent cities. The current online market has no single leader and is split up between Walmart ’s Flipkart , Amazon.in and the 10-year-old PetsWorld platform. Launch Then Grow.

Online 177

Online Industry Retail Capital 177

PYMNTS

AUGUST 12, 2020

India has long been known as the top receiver of remittances, but the revision of the Liberalised Remittance Scheme (LRS) in 2015 now has many more being sent abroad from the country, the release stated.

Google 265

Google Cards Payments US 265

PYMNTS

NOVEMBER 13, 2019

Sustainable notions of commerce are moving ever more to the forefront of retail, and judging by shifting consumer trends — especially the preferences of younger consumers coming into their own — you can bet the trend will only get more intense in the coming years. And recent retail innovations would seem to bolster that point.

Retail 135

Retail Trends Innovation Cards 135

PYMNTS

FEBRUARY 11, 2019

A common, enduring fantasy for many consumers — a group that likely includes many PYMNTS readers and writers — is walking into a high-end retail store, chain or boutique that sells luxury brands , and spending vast sums on the best clothes, shoes, handbags, watches and other items. Different Proposition. That’s a very hard job.”.

Retail 141

Retail Branding Tools Comparison 141

PYMNTS

OCTOBER 6, 2016

Retailers continue to rely on paid search and email marketing channels, but mobile marketing and social media are continuing to increase in popularity as a way for businesses to grow their customer acquisition, according to a new study.

social media 205

social media Survey Retail Online 205

PYMNTS

MAY 8, 2020

Samsung introduced its payments tool in 2015 with MST (Magnetic Secure Transmission) technology as well as Near Field Communication (NFC), a newer technology. Growth is being fueled in part because more retailers are participating. By 2018, about 50 percent of retailers and restaurants starting accepting Apple Pay.

Samsung 230

Samsung Management Cards Regional 230

PYMNTS

JUNE 5, 2020

The world of retail might not be quite getting back to normal, but people are starting to pick up some pieces of their old day-to-day lives again. A few big-ticket purchases of digital apparel retailers like ModCloth and Bonobos didn’t turn out as planned. Those items are available for purchase, but are being stored in a secure room.”.

Retail 141

Retail Georgia Atlanta blockchain 141

PYMNTS

SEPTEMBER 22, 2020

15, according to an email sent by 100% Pure , a cosmetics retailer using the Shopify platform, Bloomberg reported. Shopify, which went public in 2015, has seen a surge in activity since then, as the pandemic has forced retailers to shift to digital. The breach took place Sept.

Data 238

Data Retail Software Security 238

PYMNTS

DECEMBER 28, 2016

Activewear brand Fabletics , which was co-founded by Kate Hudson in 2013, announced plans for a retail expansion across the U.S. The once pure play eCommerce business will open 12 new physical locations next year, adding to the 18 existing Fabletics locations that began launching in the Fall of 2015.

San Diego 190

San Diego San Jose San Francisco Indianapolis 190

PYMNTS

SEPTEMBER 4, 2019

merchants dropped too, from the period of September 2015 to March 2019. million merchants, whereas in September of 2015 that number was only 392,000. The number of active Visa chip cards is up significantly: from 159 million in September of 2015 to 521 million in June of this year. Counterfeit fraud dollars for all U.S.

Fraud 195

Fraud Cards Tools Data 195

PYMNTS

JUNE 25, 2018

I’ve been writing about the impact Amazon would have on the consumer’s grocery shopping journey and disruption to the grocery segment since Amazon introduced Dash buttons in March of 2015. Why not extend the concept of the local marketplace to include non-food retailers too? Prime for a Payments Switch.

Retail 156

Retail Branding Online Millennials 156

PYMNTS

APRIL 6, 2020

These are among the key findings in Mobile Wallet Adoption 2020: Mobile Wallet Use And The COVID-19 Pandemic , our latest study in a series tracking the technology since 2015. percent of consumers reported using Apple Pay at the POS in early- to mid-March, and just 3.3 percent reported Walmart Pay usage.

Mobile 234

Mobile Apple Data United States 234

Bank Innovation

MARCH 13, 2017

Floyd, who joined Wells Fargo in 2015, has worked in the tech industry for more than 30 years, and for companies like Intuit, eBay, and IBM. How do you choose where to focus your innovation team? Marie Floyd, senior vice president of digital customer experiences for Wells Fargo, has some tips. In her time at […].

Innovation 246

Innovation Groups Customer Experience Industry 246

PYMNTS

DECEMBER 11, 2020

Merricks alleges Mastercard is in violation of the European Union’s competition law because of the “interchange” fees charged to retailers for card use. The case is the first major lawsuit to move forward under the Consumer Rights Act 2015, which penalizes anti-competitive behavior. The high court in the U.K.

Retail 217

Retail Cards Policies Company 217

Chris Skinner

JUNE 22, 2017

Today, retail banks make money from margin on savings and loans, from cross-selling to deposit account holders and from fees and charges for overdrafts and borrowings. For example, in February 2016 Zopa blogged: Zopa lent £530 million in 2015, and has now lent over £1.2 It is also doubling year-on-year. billion in total.

Lending 228

Lending Examples Marketing Retail 228

Bank Innovation

FEBRUARY 23, 2020

billion continues to fuel speculation about the future of data aggregator Yodlee, which Envestnet acquired in 2015 for $590 million. The impact of Visa’s Plaid acquisition for $5.3 At issue is whether Envestnet is exploring options for Yodlee, including a possible sale.

Data 243

Data Report Innovation Strategies Strategy 243

PYMNTS

FEBRUARY 23, 2020

Since leaving that role in 2015, he has worked in other capacities for JPMorgan, chairing its international business between 2016 and 2019. Adamson also has experience as a retail lender, chairing the risk committee at Virgin Money until last November. Adamson was a former head of supervision at the Financial Conduct Authority.

Digital Banking 255

Digital Banking Lending Regulation Operations 255

PYMNTS

JANUARY 25, 2021

The former CFO of Zalando SE, one of Europe’s most successful eCommerce retailers, Kemper was instrumental in leading the company’s IPO in 2014 on the Frankfurt stock exchange. Backed by billionaires Peter Thiel and Li Ka-Shing, N26 launched its first products in 2015 and is among Europe’s most valuable non-listed FinTechs.

Fintech 254

Fintech Operations Tools Capital 254