Celent Banking

APRIL 28, 2017

As sharp-eyed Celent retail banking subscribers know, I'm an avid collector of good analogies. Fast forward to 2017 and the launch of the new Ford GT, a modern-day supercar with a heritage dating back to the early 1960s, when the Ford GT40 won the grueling 24 Hours of Le Mans four times in a row. As Ford has shown with its 3.5L

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PYMNTS

JANUARY 23, 2019

Capital One ’s domestic card loans increased 8 percent in the fourth quarter of 2018 , the bank said on Tuesday (Jan. percent in the fourth quarter of 2017. billion, a jump Capital One said was mainly due to a 65 percent increase in marketing expenses. 22) as company executives gave an update of its card deal with Walmart.

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Bank Innovation

SEPTEMBER 27, 2017

What is the state of banking innovation today? Each year, we poll the industry to find out. Fintech funding has grown tougher for startups, but banks’ balance sheets are looking stronger– what does it mean for innovation?

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Chris Skinner

MARCH 15, 2017

For example, it shows that the UK retail banking market place has become a dull playground thanks to mergers and acquisitions over the past half century: As a result, the six large banking groups held an 89% market share of the current account market. Anyways, there is some key metric data in the report.

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Regulation Retail Survey Mobile 291

PYMNTS

AUGUST 14, 2019

As PayPal reaches saturation points in Western markets, it wants to continue to expand internationally, especially in India, where the country’s 450 million mobile users make it an attractive target for retailers. PayPal considers the country critical to its growth.

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PYMNTS

OCTOBER 19, 2020

Whether that comes in the form of video, live chats or being on a first-name basis with a personal retail adviser, it’s all about personalization and the relationship. . This is where there is a very big difference between mass retail and luxury, as well as premium,” she said. “In The experience of luxury is the exact opposite.” .

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Branding Retail Video Examples 328

PYMNTS

NOVEMBER 8, 2018

That compares with 2017 percentages, respectively, of 27 percent and 20 percent. In reference to the latter business, in the third quarter of 2018 Square Capital facilitated over 62,000 business loans totaling $405 million, up 34 percent year over year, revealed the company.

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Bank Innovation

NOVEMBER 28, 2016

will participate in a fireside chat at Bank Innovation 2017. Bank Innovation 2017, March 6-7 in San Jose, Calif., Adam Carson, managing director, global technology strategy & partnerships at JPMorgan Chase & Co., will feature dozens of speakers on investing in innovation, chatbots, blockchain and more.

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Bank Innovation

FEBRUARY 8, 2017

Fiserv CEO Jeff Yabuki has joined the speaker faculty of Bank Innovation 2017, taking place March 6-7 in San Jose. Yabuki joined Fiserv in 2005. Under his leadership, the company has grown revenue to exceed $5 billion annually, and serves more than 13,000 institutional clients. Fiserv also supports this site’s Read More.

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San Jose Innovation Leadership Company 150

PYMNTS

FEBRUARY 7, 2019

This is true for any industry, but perhaps even more so in the food retail space, where regulations can be as much about public health and safety as they are about money laundering and fraud. food retail market with the adoption of the Food Safety Modernization Act (FSMA), introduced by legislators in 2009 and signed into law in 2011. .

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Compliance Retail blockchain Regulation 164

PYMNTS

NOVEMBER 29, 2019

In a season where tradition is key, retailers are setting new ones with the help of emerging products and services on this Black Friday. You may have missed our coverage of a few of the retail innovators that are summed up below, arranged in no particular order, or perhaps you’ll want to revisit them anew.

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Retail Innovation Online Meeting 151

PYMNTS

MARCH 14, 2018

retail sales continue to disappoint in early 2018, with an unexpected drop in February. For those keeping score at home, that represents the third month in a row this has occurred — which all leads to mounting evidence that Q1 spending will show a sharp cool-off after Q4 2017’s freewheeling spending environment. percent growth.

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Retail Course Capital Groups 116

PYMNTS

AUGUST 13, 2020

The company reports that retailers selling through eCommerce are experiencing record sales numbers, but fraud rates are also on the uptick. A 2019 LexisNexis study found that overall retail fraud attempts increased by two times year over year and three times since 2017. Merchants pay $3.13 the prior year, by its measures.

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Technology User Experience Fraud Comparison 248

PYMNTS

MAY 8, 2020

“We believe this is a critical component to getting the economy moving again, and we would like to partner with companies and entrepreneurs that can draw on our capital and expertise to stabilize and grow their business,” Bloom said, according to CNBC. Last year, over 9,000 retail stores closed in the U.S.,

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Retail Las Vegas Illinois Groups 141

PYMNTS

NOVEMBER 10, 2020

Data: $80M : Amount of the recent capital infusion for Chicago-based Cooler Screens. 1.7B : Number of unbanked individuals globally as of 2017. 60% : Increase in share of purchases made with digital devices since March. 25% : Share of consumers who prefer wholly digital shopping experiences. 5.4% : Portion of U.S.

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Bank Innovation

JUNE 8, 2018

What is the state of banking innovation today? Each year, we poll the industry to find out. Bitcoin mania has died down in the fintech world, and the conversation has shifted to technologies like voice banking, payments, and alternative credit scoring. This year, the pressure for banks to innovate is high, as banks no longer […].

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Innovation Bitcoin Fintech Industry 220

Bank Innovation

JANUARY 10, 2017

Avin Arumugam, senior vice president of the Internet of Things at Visa, has joined the speaker faculty for Bank Innovation 2017, which takes place March 6-7 in San Jose. Arumugam was at JPMorgan Chase for four years prior to his starting at Visa in May 2016. Recent video footage also Read More.

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San Jose Innovation Video social media 150

PYMNTS

JUNE 14, 2018

Consumer confidence seems to have returned in a big way in May as retail sales soared to their highest level since November 2017, according to news from The Wall Street Journal. Excluding auto sales, which have a tendency to bounce up and down frequently month to month, retail spending was up.9 Retail sales are up 5.9

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PYMNTS

APRIL 22, 2020

million from a venture capital firm to fund the business. In 2017, the company sold 1,500 desks in 42 days across 41 countries, and presented the product at the Cannes Festival of Creativity in June 2017. He had a prototype made, and in 2016 he was offered $3.6 Life had other plans for Rosenberg.

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PYMNTS

APRIL 29, 2019

Securities and Exchange Commission has appointed members to its newly-formed Small Business Capital Formation Advisory Committee as it works to support small business access to capital. The SEC’s new advocate for small business capital formation, Martha Legg Miller, and 15 other members are also a part of the team, reports said.

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Capital Lending Report Regulation 108

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. In his eight years at the startup, he helped grow market capitalization to 11 billion euros from 2010 to 2017.

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Fintech Operations Tools Capital 254

PYMNTS

JULY 23, 2019

Truckers play an important role in shuttling deliveries across country to retailers and merchants, handling 71 percent of the freight tonnage moved in America in 2017.

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Retail System Payments Resources 131

PYMNTS

NOVEMBER 14, 2018

Etsy is hardly alone: eCommerce is experiencing year-over-year growth of 14 percent, according to the Payments Powering Platforms Tracker , and merchants looking to capitalize on this rise must accept the preferred payment methods of their customers, which include everything from credit cards to PayPal to Venmo and everything outside and in between.

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Retail Payments Apple Online 131

PYMNTS

NOVEMBER 6, 2019

Ikea and Hennes & Mauritz ( H&M ) are putting money into technology startups as a way to help them sidestep retail disruption, the Financial Times (FT) reported Wednesday (Nov. Lately, the firm has also been putting money into venture capital investments. Ikea bought TaskRabbit in September 2017.

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Retail United States Capital US 103

PYMNTS

APRIL 12, 2018

In 2017, for example, FactSet found that five U.S. The eCommerce retailer invested $22.6 billion in R&D in 2017, which was 41 percent more than it did in 2016. Here’s how these companies are investing in R&D — and ushering in the next generation of retail technology. billion in R&D in 2017.

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Company Retail Apple Software 118

PYMNTS

SEPTEMBER 16, 2016

ECommerce sales were better than expected in Q2 but dipped in the third quarter, according to Internet Retailer. Non-store eCommerce sales for the three-month period June to August showed an increase of almost 12 percent compared to the previous year, according to the Monthly Retail Trade Report.

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PYMNTS

OCTOBER 5, 2018

This trend happens as activity around AR heats up, with major players in the digital economy apparently positioning themselves to profit as the retail-friendly tech move every closer to mainstream popularity. billion in the fourth quarter of 2017 to less than $120 million in the third quarter of 2018. Investment Shift.

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Apple Capital Colorado America 197

PYMNTS

FEBRUARY 12, 2019

But in 2017, the company took in capital at a valuation of $1.25 The news comes after it was reported in 2017 that Peloton might have been looking to raise $120 million for a valuation of $1.2 As of the 2017 report, the company had notched investments from L Catterton, True Ventures and Tiger Global.

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Exercises New York Report Capital 211

PYMNTS

DECEMBER 14, 2018

billion in capital. Currently, Instacart operates in an estimated 4,000 cites and works with some 300 retailers. According to one report , Whole Foods accounted for 5 percent of Instacart revenue, down from about 10 percent in 2017. Since its launch in 2014, Instacart has attracted more than $1.6 households. Amazon Advantage.

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Bank Innovation

JANUARY 27, 2017

Don’t miss your chance to secure your spot at Bank Innovation 2017 for the lowest available rate, and join attendees from companies already registered, such as: BBVA Braintree Capital One JPMorgan Chase Mastercard Rabobank Concentrix Silicon Valley Bank TD Bank U.S.

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Innovation Capital Security Company 150

PYMNTS

DECEMBER 19, 2018

The company had previously asked to start a bank in September of 2017, but eventually withdrew from the process over procedural issues. Since its inception as a credit card-reading company for small businesses, the operation has since expanded to offer other services, like digital money transfers and retail installment loans.

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San Francisco Utah Capital Cards 165

PYMNTS

APRIL 14, 2020

True Religion was acquired for $824 million in 2013 by London-based capital investment firm TowerBrook Investment Partners, and ended up filing for bankruptcy in 2017. Due to the pandemic forcing stores to close, around a million employees of various brands and retailers have been furloughed.

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Delaware Branding Retail Trends 160

PYMNTS

AUGUST 7, 2019

Those two retail trends have recently collided in Southeast Asia, where Carro, an automotive marketplace and financing provider, reportedly has bought Jualo, an online marketplace for used goods from some 300 product categories. According to the report , the deal comes as Carro raised some $30 million in fresh capital. Retail Waste.

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Online Retail Trends New York 112

PYMNTS

SEPTEMBER 22, 2020

The biggest investor in Dallas-based GameStop has reportedly set his sights on a lofty goal — having the video-game retailer take on the Goliath of eCommerce, Amazon , in an epic battle. By 2016, Chewy had sales of $900 million and had raised millions in venture capital backing.

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Video Dallas Retail Report 212

PYMNTS

DECEMBER 1, 2020

Former Google CEO Eric Schmidt is among the backers of a new $111 million European early-stage venture capital fund, according to CNBC. 30) by London-based venture capital firm Firstminute Capital , CNBC reported. The new fund's main investor is RIT Capital Partners.

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Google Charlotte Capital Big Data 159

PYMNTS

JUNE 14, 2018

Sizzle of the Week: Retail’s 2018 Rebound. Retail has had a rough couple of years, as most players that aren’t Amazon have struggled to cross the digital, omnichannel chasm. On the whole, with some notable exceptions, retail has landed on our Fizzle list more often than the Sizzle list in recent memory. Retail sales are up 5.9

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Bank Innovation

JUNE 5, 2019

This builds on the $43 million in capital that the Milwaukee-based investments and insurance giant invested in 14 startups as part of its its first corporate venture fund, which rolled out in 2017. Northwestern Mutual has launched a second venture fund to support startups working in financial services.

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