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. million in 2016. accounting for a combined 35 percent of machines in the field as of 2016.

Retail 187

Retail Industry Data Study 187

Bank Innovation

JUNE 23, 2016

Lucy Peng, CEO, Ant Financial Ant’s latest fundraising round – the largest ever anywhere – of $4.5 billion, and its overall valuation of more than $60 billion, have turned the Alibaba spinoff into one of the most valuable private tech companies in the world. Launched in 2014, Ant Financial Read More.

Innovation 284

Innovation Company social media Operations 284

PYMNTS

SEPTEMBER 6, 2017

But what hasn’t been so deeply explored is how that technology can help food producers and retail firms collaborate more deeply, helping both succeed and strengthening the industries that power them. In 2016, overall retail sales climbed just 2.1 In 2016, overall retail sales climbed just 2.1

blockchain 197

blockchain Retail Technology Industry 197

PYMNTS

DECEMBER 17, 2020

In today’s top retail news, StockX has landed $275 million in a Series E funding round, while Rite Aid Corporation reported as part of its fiscal 2021 third quarter results that revenues rose by 12 percent. Fashion Retailer rue21 Strikes Deal To Retire Debt. Clothing retailer rue21 (r21 Holdings, Inc.) million members.

Retail 226

Retail Report Company Pennsylvania 226

Chris Skinner

OCTOBER 13, 2016

Why Brexit has shaken up the banking rivalry Wells Fargo complaints show flaws in federal whistleblower program Deutsche says wealth management outflows not significant China tops US in numbers of billionaires Wells Fargo’s new CEO faces immediate test Retailers and issuers are still battling over … The post Things worth reading: 14th October (..)

New York 150

New York Retail US Management 150

PYMNTS

JANUARY 23, 2019

this year as the leading retail market around the world. According to eMarketer’s worldwide retail and eCommerce forecast, in 2019 China’s total retail sales are forecast to increase 7.5 That compares to retail sales in the U.S. That means China’s retail sales are expected to surpass the U.S. percent of retail.

Retail 181

Retail Marketing US Online 181

Payments Dive

JUNE 28, 2016

Date: July 21, 2016 | Time: 2:00 PM EDT | Duration: 60 Minutes | Exploring technology solutions to improve customer engagement and enhance their shopping experience? Looking for ways to increase same-store sales and improve associate productivity? Think you can't have it all and still control costs?

Operations 236

Operations Retail Mobile Technology 236

Bank Innovation

NOVEMBER 25, 2019

Roady, who has been on MoneyLion’s board of directors since 2016, was previously a founding partner at GAIN Capital and president of its global retail brokerage business. Personal finance, banking and investment platform MoneyLion has named Samantha Roady chief operating officer as it makes moves to expand its customer base.

Innovation 293

Innovation Capital Retail Operations 293

PYMNTS

FEBRUARY 3, 2020

Consumers are firing brick-and-mortar retailers from the jobs they held years and decades before. To get their shopping jobs done, consumers are now hiring retailers that make it convenient to do business – anywhere, anytime, through any channel and on their terms. But it’s more than that.

Retail 172

Retail Online Study Meeting 172

Bank Innovation

MAY 1, 2016

Robinhood: On Target Launched in December 2014, Robinhood is a zero-fee stock trading app that quickly gained popularity among financially ambitious millennials. Robinhood was paid the enormous compliment of having “cracked the millennial code” by none other than Jay Sidhu, CEO of Customers Bank and founder of BankMobile.

Millennials 240

Millennials social media Operations Cards 240

PYMNTS

MARCH 29, 2020

Call it the retail gap that eCommerce can only partly fill. the lowest showing since October 2016, according to CNBC. But eCommerce can only go part way, not the whole distance, in offsetting a devastating hit to retail as we have known it. Earlier this month, a record number of Americans — 3.3 in March, down from 92.1

Retail 205

Retail Survey Course Study 205

Bank Innovation

DECEMBER 18, 2018

In retail that happened some time ago — for example, consumers not only expect to be able to shop in person or online, they expect to be able to view merchandise in stores and purchase it online (or […].

Examples 186

Examples Online Retail 186

Chris Skinner

JANUARY 25, 2017

Last year, one of my most read blog entries was this one: The top ten trends in banking innovation (February 2016). This was a summary of the top trends in banking innovation, and … The post The biggest innovations in retail banking (research) appeared first on Chris Skinner's blog.

Innovation 150

Innovation Retail Trends Technology 150

PYMNTS

JUNE 5, 2019

It’s not enough to just be a retailer these days, it seems. The retail chain reportedly has been in discussions with Triad Retail Media , the retail advertiser owned by WPP PLC, to acquire it. WPP had purchased Triad for about $300 million in 2016 from Rockbridge Growth Equity, the private equity firm.

Retail 165

Retail Video Google Branding 165

Perficient

FEBRUARY 24, 2021

In a world where retail has changed and consumers remain at home, how do brands reimagine the task of getting products to customers? In 2016, Jon joined fan and light maker Big Ass Fans as its first chief operating officer. She specializes in digital experience, retail, and digital. In Episode 4 of the What If?

Branding 441

Branding Case Study Digital Strategies Strategy 441

PYMNTS

NOVEMBER 5, 2018

Those promise to stand as two main traits of the 2018 holiday shopping season , and retailers that gain an edge and increase revenue during the all-important fourth quarter will likely have exploited such tactics during this period, at least according to new data that strives to paint a detailed picture of U.S. percent, reaching $124.1

Retail 179

Retail United States Millennials Study 179

Bank Innovation

FEBRUARY 24, 2016

The panel of judges — Scarlett Sieber of BBVA; Sam Maule of Carlisle & Gallagher; Ryan Falvey of the Center for Financial Services Innovation; Matt Wilcox of Fiserv; and Phil Ryan of Bank Innovation — will decide which company is worthy of the “Best in Show” DEMOvation crown at Bank Innovation 2016.

Innovation 150

Innovation Seattle Fintech Company 150

PYMNTS

FEBRUARY 20, 2020

And while not every effort has been a world-beating success, unlike many of its fellows in the world of brick-and-mortar retail, it certainly can not be said that IKEA has failed to be proactive in the face of a rapidly shifting commerce ecosystem. If that is the case, well, successful ideas in retail have a habit of being contagious.

Retail 187

Retail Google Course Mobile 187

PYMNTS

SEPTEMBER 21, 2020

The retail giant is starting “a fashion essentials-inspired brand for both men and women created by our in-house design team,” the company said in a news release. The retailer is following in the footsteps of Amazon , which first took aim at the fashion industry in 2016. Today (Sept. billion in 2019. billion in 2019.

Branding 263

Branding Los Angeles Retail Online 263

Bank Innovation

NOVEMBER 1, 2019

A payments platform created by India’s largest retail banks surpassed a billion transactions in October, a milestone that affirms the tremendous growth of services offered by U.S. Indian digital payments took off when the government pushed demonetization in 2016, invalidating most of the country’s high-value currency notes in […].

Google 247

Google Payments Retail 247

PYMNTS

MARCH 31, 2020

High-level market intelligence about the $18 billion expected to be invested over the next three years is a major focus of the March 2020 Automated Retail Tracker™ from PYMNTS , which serves as a bimonthly breakdown of developments in this rapidly growing business sector. Amazon Go’ Cashless. And Amazon and 7-Eleven aren’t alone.

Retail 140

Retail Texas Illinois Seattle 140

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

MARCH 2, 2020

Retailers may be focused on the wrong metrics. Banking and retail put the most emphasis on return on investment (ROI). Moorman’s views on appointing C-level personnel to manage the customer experience are somewhat at odds with other prevailing retail approaches. “A One explanation?

Customer Experience 151

Customer Experience Retail social media Survey 151

Chris Skinner

JULY 3, 2017

There are almost 20 million users of mobile banking across the UK in 2016, making 159 logins every second. million customer-to-bank contacts made using web chat in 2016 – 510 every hour. Video chats are also growing in popularity, up 92% during 2016. Video chats are also growing in popularity, up 92% during 2016.

Mobile 286

Mobile Cards Video Management 286

PYMNTS

NOVEMBER 19, 2020

Dutch retailer Ahold Delhaize — owner of grocery behemoths Giant and Stop & Shop — has acquired a majority stake in supermarket delivery startup FreshDirect amid an online shopping surge propelled by COVID-19. “We Delhaize, founded in 2016 from a merger of Ahold and Delhaize Group, is among the biggest supermarket operators in the U.S.

Retail 153

Retail New York City New York Operations 153

PYMNTS

AUGUST 28, 2019

So-called Generation Z is also driving much of the innovation when it comes to retail. To reach consumers on the hunt for offerings that are “clean and natural,” the retail chain rolled out its Everspring household brand. And six in 10 shoppers said it factored into their decision of where to transact, Retail Dive reported.

Retail 148

Retail Trends Millennials Survey 148

PYMNTS

NOVEMBER 8, 2018

In 2016, the government revealed it was committing to invest £500,000 ($656,182.50 banks that put them together includes the Royal Bank of Scotland (RBS), Barclays, HSBC UK, Lloyds Banking Group and Santander — as well as vendors like MarketInvoice, The ID Co. has been a hotbed of FinTech startups.

Guidelines 192

Guidelines Fintech Retail Financial Technology 192

PYMNTS

JANUARY 24, 2020

But no matter the case, music is a big part of the retail world, and is helping to create new harmonies of innovation and disruption. Apple isn’t the only band on the radio when it comes to changes in music retail in early 2020. Others don’t. New Partnerships and Services.

Retail 151

Retail Innovation Apple San Jose 151

PYMNTS

JULY 22, 2020

Li first came up with the idea for Popshop in 2016 and it launched in beta in 2019. From a shopper’s perspective, the experience is simpler: They download the app to watch a show based on a seller’s invitation or open the app to browse shows by category. The app is available on iOS via invitation, with plans to add Android later in the year.

Retail 212

Retail New York City Mobile User Experience 212

PYMNTS

JULY 19, 2019

Walmart is making some organizational adjustments with its executives to help better integrate its retail store and digital operations, according to a report by CNBC. The company has been pushing to better integrate its online and physical divisions ever since it acquired Jet.com in 2016.

Retail 146

Retail US Google Strategy 146

PYMNTS

OCTOBER 13, 2020

Afterpay has announced its in-store buy now, pay later (BNPL) service is being offered by major retailers at locations across the country. Shoppers can use Afterpay to buy items in select retail stores using their Afterpay card, a virtual, contactless card stored in their digital wallet,” the firm said in a Tuesday (Oct.

Retail 130

Retail United States Millennials Branding 130

PYMNTS

DECEMBER 21, 2020

21) that Acima founder Aaron Allred and his team have created a leading virtual LTO solution for retailers and consumers. “We We all share a common vision to expand the virtual LTO offering across a broader set of retail partners and to meet the needs of more customers through an integrated omnichannel strategy. billion in 2020.

Utah 263

Utah Retail US Taxes 263

PYMNTS

JULY 17, 2019

The second Payment Services Directive ( PSD2 ) groundwork laid out in 2016 is about to come to fruition in a few months – Sept. While regulatory and governmental bodies are still debating PSD2’s full reach, the latest PSD2 Tracker looks at how retailers are approaching SCA as they face potential losses under the rule. To some degree.

Retail 162

Retail User Experience Compliance Regulation 162

Bank Innovation

AUGUST 17, 2017

in 2016, according to a recent report by PULSE. According to the 2017 Debit Issuer Study released earlier this week, debit card transactions were at a record high in 2016, with 23.6 Mobile wallets may be all the buzz, but debit cards were still the most popular of payment method in the U.S. transactions per […].

Cards 290

Cards Mobile Study Report 290

PYMNTS

DECEMBER 28, 2020

The first were the Pepsis, Heinzes and Krafts that either didn’t like their retail distribution or saw a pandemic-driven opportunity to get new products in new configurations to the consumer. Its eCommerce business has jumped 35 percent each year since 2016. Direct-to-consumer (D2C) brands came in two flavors during 2020.

Branding 162

Branding Retail Philadelphia Marketing 162

PYMNTS

APRIL 17, 2020

Google, for its part, rolled out a Wallet debit card in 2013 before closing it down in 2016. The card is Goldman Sachs’ newest inroad into the retail consumer business after establishing its digital Marcus brand in 2016. In separate news, Apple Card clients had $736 million in loan balances at the conclusion of September.

Google 229

Google Cards Apple Branding 229

PYMNTS

MARCH 14, 2019

Sephora, the beauty retailer, announced on Thursday (March 14) the launch of a new credit card program. The company said in a press release that starting in the spring, it will offer the Sephora credit card, Sephora Visa® credit card and Sephora Visa Signature® credit card to its retail customers.

Cards 215

Cards Retail Capital Marketing 215