PYMNTS

MARCH 12, 2020

Quick: Who’s the biggest retailer in the U.S.? In terms of sheer size and locations, the United States Postal Service (USPS) is the biggest retailer in the country, with 31,000 locations covering pretty much every town. Now, a new report is asking a good question: What if the post office expanded its retail offerings?

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Retail US Survey Examples 169

PYMNTS

FEBRUARY 10, 2020

2017: The year Target began incorporating Pinterest’s visual search tool. 23.11B : Value of the global interactive kiosk market in 2018. percent: CAGR of the global interactive kiosk market from 2019 to 2025. Data: 2019: The year Tommy Hilfiger introduced its visual commerce app via desktop and mobile at tommy.com.

Retail 184

Retail Tools Data Branding 184

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

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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Innovation blockchain Fintech Industry 257

PYMNTS

JANUARY 14, 2019

It looks like we can finally have a serious conversation about the impending collapse of physical retail in the U.S. All it took was a 160-year old retailer and a $34 billion kick in the stomach to the retail sector to get everyone’s attention. retailer, Sears, which found itself standing at Chapter 7’s front door.

Retail 198

Retail Online Mobile Data 198

PYMNTS

OCTOBER 23, 2018

To help shoppers check out without waiting in line, grocery retailers are rolling out entire stores centered around cashierless shopping experiences, enabling consumers to purchase fresh food and grocery items with a mobile payments app. The projected value of the global self-service market by 2023 is $13 billion.

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PYMNTS

FEBRUARY 11, 2019

Among the hottest battles for eCommerce market share involves private label products, with a recent move from Walmart among the latest developments in that particular arena. But the growing use of those brands to attract sales is also leading to more focus on potential challenges for online, private label retail over the next few years.

Retail 158

Retail Branding Online Seattle 158

Bank Innovation

AUGUST 21, 2017

Berlin-based neobank N26 now has 500,000 customers spread across the globe, representing a 67% growth from the 300,000 customers it reported back in March 2017.

Apple 207

Apple Marketing Cards Report 207

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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San Jose Innovation blockchain Strategy 150

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. . In mass retail, we're all looking for the most efficient possible shopping experiences, and that's where Amazon rules.” .

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Branding Retail Video Examples 328

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. .

Compliance 164

Compliance Retail blockchain Regulation 164

PYMNTS

NOVEMBER 17, 2020

retail sales rose 0.3 Despite the pandemic’s negative effect on the economy, 2020 retail sales in October were 5.7 Despite the pandemic’s negative effect on the economy, 2020 retail sales in October were 5.7 September retail numbers were up 1.6 percent in October to $553.3 Census Bureau report released on Tuesday (Nov.

Retail 134

Retail America Survey Cards 134

PYMNTS

JANUARY 2, 2020

It’s going to be a very vocal year when it comes to retail. About 31 percent of consumers now own voice-activated devices, up from 27 percent in 2018 and 14 percent in 2017. About 31 percent of consumers now own voice-activated devices, up from 27 percent in 2018 and 14 percent in 2017.

Retail 154

Retail Branding Comparison Data 154

PYMNTS

FEBRUARY 11, 2020

Also, the Department of Justice charged four Chinese intelligence officers with the 2017 cyberattack on credit reporting giant Equifax. Mastercard Gets Nod To Join China’s $27T Payments Market. Amazon Expected To Control 70 Pct Of US Smart Speaker Market By Next Year. Amazon dominates the smart speaker market in the U.S.,

Marketing 150

Marketing Payments Retail California 150

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 […].

Innovation 220

Innovation Bitcoin Fintech Industry 220

Bank Innovation

MARCH 7, 2018

But the fintech market has rebounded. In 2017, in the United States, overall VC funding -- a barometer of startup activity and appeal.Read More. EXCLUSIVE (SAN FRANCISCO) -- Welcome back to the fintech boom. At this time last year, fintech was in a downturn.

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San Francisco Fintech United States Marketing 236

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

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

MARCH 31, 2020

Over the years, we’ve developed procedures to establish provenance (chain of ownership) to ensure that our pieces are both authentic and on the market in accordance with international law.” ” According to the Art Basel and UBS Global Art Market Report of 2020, global sales of art and antiques reached $64.1

Marketing 151

Marketing Phoenix Online New York 151

PYMNTS

FEBRUARY 4, 2019

JPMorgan Chase is gearing up to take on the likes of Apple Pay, PayPal, and Stripe by boosting its market share in the global treasury services industry by a goal of 50 percent. Realistically, we think we get to 7 percent [market share] in the next few years and double our market share to 10 percent over the long term.”

Payments 211

Payments Apple Marketing Industry 211

PYMNTS

OCTOBER 22, 2018

Consumers have more retail modes than ever before, in more regions of the world – and a greater ability to expand and customize their commerce activities. Data: $13 billion: Projected worth of the self-service market by 2023. 150 million: The total amount Grubhub paid for Tapingo. million: The number of fraud crimes in the U.S.

Data 182

Data Regional Fraud Course 182

PYMNTS

SEPTEMBER 21, 2018

Walgreens Boots Alliance and Alibaba Group Holding have announced the launch of a Boots flagship store on Tmall Global , Alibaba’s B2C platform for international brands and retailers. billion), respectively, in 2017. Today’s announcement is the first step on a path we believe offers both of us incredible potential for the future.”.

Branding 175

Branding Retail Groups US 175

PYMNTS

MARCH 6, 2020

The typical American household spends $65,960 per year, the largest share of which goes toward retail spending — 30.8 percent of total consumer retail sales as of 2019 and nearly half (49.4 eCommerce retail sales. That big jump in market share is explained by the massive uptick in sales on Amazon in the last five years.

Retail 192

Retail Seattle Marketing Data 192

PYMNTS

NOVEMBER 21, 2018

Amazon is preparing to enter the mobile payments market, reportedly working to get retailers to accept Amazon Pay as a payment method. A person familiar with the matter told the Wall Street Journal that retailers may be resistant to the effort because they would view it as a threat. where competition isn’t as fierce.

Apple 186

Apple Retail Mobile Online 186

PYMNTS

JULY 5, 2020

billion for Whole Foods , the online retail giant is planning to open its second automated-checkout grocery store in Seattle’s Eastside neighborhood and is hiring managers for a third store in the city’s Capitol Hill district, The Seattle Times reported. Amazon must like the supermarket business. Three years after it paid $13.4

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Seattle San Francisco US Chicago 220

Insights on Business

APRIL 6, 2017

While looking at the predictions for the FinTech area for 2017, I started noticing that APIs were showing up again and again. As Jim Marous notes in his article, Top 10 Retail Banking Trends and Predictions for 2017 , “APIs were not even listed as a 2016 trend, but was #4 in 2017.”.

Las Vegas 194

Las Vegas Fintech User Experience Trends 194

Bank Innovation

JANUARY 25, 2017

More fintech is coming to Austin. The massive South by Southwest conference and festival features startups in a number of categories — transportation, augmented/virtual reality, and of course fintech — plus several others. The event is the 9th annual pitch session for SXSW’s accelerator.

Austin 150

Austin Fintech Conference Course 150

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. Zopa are doubling their lending year-on-year, and the peer-to-peer loans market in the UK is growing rapidly with cumulative levels of lending at almost £8.5

Lending 228

Lending Examples Marketing Retail 228

PYMNTS

JANUARY 2, 2019

But will 2018’s strong seasonal spending portend a happy commerce new year for retailers? But for all the green lights, there are also a few red lights flashing, particularly when it comes to fighting fraud and making markets more inclusive. 2,225: The amount bridge millennials spend on average each year on retail purchases.

Millennials 158

Millennials Fraud Maine Retail 158

PYMNTS

JANUARY 19, 2018

Two years after Amazon launched monthly Prime memberships, the eCommerce retailer is increasing its monthly membership fees by nearly 20 percent, Recode reported. Those two segments of the market have historically been a small percentage of Amazon’s vast population of Prime users. The monthly fee for Amazon Prime will jump from $10.99

Study 183

Study Retail Video Report 183

PYMNTS

FEBRUARY 17, 2020

Brick-and-mortar retailers are bringing smaller-scale, cutting-edge technology to city locations. Data: $259: Price for a bottle of Taylor Fladgate Quinta de Vargellas Vinha Velha 2017. 23.4B: Projected value of the British to-go food market by 2024. 150M: Amount of revenue Wine.com topped last year.

Innovation 160

Innovation Customer Experience Data Retail 160

PYMNTS

SEPTEMBER 19, 2018

According to market research firm International Data Corp.’s The compound annual growth rate (CAGR) for the 2017-2022 forecast period is 37.3 “Vendors looking to take advantage of AI , deep learning and machine learning need to move quickly to gain a foothold in this emergent market. billion forecast for this year.

System 191

System Leadership Strategy Industry 191

PYMNTS

NOVEMBER 21, 2018

Recurring Payments Market Forecast, 2017–2021: Set It and Forget It,” has explored U.S. market size and reviewed service offerings from seven providers in the U.S. A new report has predicted that recurring transactions processed on debit and credit cards in the United States will reach $473 billion by 2021. The report , “U.S.

Cards 167

Cards Payments United States Retail 167

BankUnderground

JANUARY 21, 2021

But how much competition in insurance markets is there? We find competition generally works well in UK life and non-life insurance markets, despite increases in life market concentration over the past 25 years. However, competition regulators have found practices in specific markets that harm consumers.

Marketing 116

Marketing Analysis Policies Regulation 116

PYMNTS

MARCH 9, 2020

One retailer, for instance, recommitted to scaling robotics solutions to replenish inventory to hundreds of locations by this summer. Data: 2020: The year Target will open new warehouses near key markets, including New York and southern California. 2017: The year Ali Rizvi got the idea for FloatThat. All this, Today in Data.

New York 141

New York California Retail Data 141

PYMNTS

FEBRUARY 12, 2019

But in 2017, the company took in capital at a valuation of $1.25 The fitness company is among firms that have taken in funds from the private markets and are also looking to have an IPO this year. 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

Exercises 211

Exercises New York Report Capital 211

PYMNTS

DECEMBER 14, 2018

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. Still, it’s going to be difficult to beat Amazon, the mother of retail logistics, at its own game — logistics.

Retail 197

Retail Millennials Capital Operations 197