PYMNTS

JANUARY 22, 2020

And in tech, virtual reality (VR) and augmented reality (AR) are starting to make more significant gains in the retail world. 171M: Number of worldwide virtual reality (VR) users in 2018. 1.8B: Amount that virtual reality will generate through retail and marketing in 2022. . All this, Today in Data.

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Retail Innovation Technology Data 141

PYMNTS

JANUARY 21, 2020

Don’t look now, but virtual reality and augmented reality are starting to make bigger gains in the retail world. These are still early days but trends are coming together — and expectations are rising, thanks not only the evolution of AR and VR technology, but the coming deployments of 5G mobile network ecosystems. Larger Trends.

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Retail Trends Washington Technology 210

PYMNTS

SEPTEMBER 11, 2019

Virtual reality could have more retailers reach more consumers in the coming few years — in large part by upping the consumer experience. billion for retail and marketing in the year 2022, with revenues from VR initiatives expected to increase by 3,000 percent over the next four years. and Europe by 2022.

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Retail San Diego San Francisco Branding 192

PYMNTS

DECEMBER 28, 2018

This year, retailers from Kroger to Whole Foods Market brought new offerings ranging from cashierless checkout to personal shopping services to their stores. Amazon might have kicked off the year of cashierless checkout with its Amazon Go store in January , but the concept took off in other parts of the world in 2018.

Innovation 194

Innovation Sacramento Retail Kentucky 194

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.

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Retail Houston Minnesota Austin 180

PYMNTS

JANUARY 23, 2019

Hot on the heels of its close cousin, augmented reality (AR), more retailers are using immersive virtual reality (VR) experiences to entice customers through the doors of physical storefronts. While many retailers are using the technology to create tailored experiences for their brands, it may well become a new way for customers to shop, too.

Retail 171

Retail Branding Online Report 171

PYMNTS

MAY 13, 2019

As technology reshapes the way buyers access goods and services, consumer expectations are moving targets, and merchants that hope to survive can’t afford to fall behind. From Reis & Irvy’s to Vengo , merchants and technology companies are reinventing the world of vending technology through smart devices.

Retail 177

Retail Marketing eBook Cards 177

PYMNTS

AUGUST 28, 2020

Goldman Sachs is pondering a $2 billion venture and growth fund that could boost its stature in the world of technology investing and help it court bigger investors and investments. New Report: Helping Retail Treasurers Navigate The Digital D2C Shift (“How To” Playbook). Goldman Sachs Eyes Creating $2B Tech Fund. Trackers and Reports.

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Retail Los Angeles San Francisco Online 208

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.

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Retail Online Mobile Data 198

PYMNTS

NOVEMBER 9, 2018

The ascent of eCommerce and the digital tools that support it have made it easier — in both theory and practice — for retailers to not only see how consumers browse and what they buy (to analyze the entire path to purchase), but to get to know them in the same ways as those old-time general store operators who served small towns.

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Innovation Retail Maine Security 174

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

AUGUST 21, 2019

The technology in question “can be used for facial analysis or sentiment analysis, which identifies different expressions and predicts emotions from images of people’s faces. There was no direct, immediate indication that the technology — and this new advance — would have retail or payment implications anytime soon.

Retail 185

Retail Payments Analysis Technology 185

PYMNTS

MAY 8, 2020

Now more than ever, people are counting on technology to help them make contactless payments, shop, and manage their finances without leaving the house,” said Sang Ahn, vice president and GM of Samsung Pay’s North America service business, in a statement. Growth is being fueled in part because more retailers are participating.

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Samsung Management Cards Regional 230

PYMNTS

FEBRUARY 11, 2019

Amid great technological change, health and beauty retailers are developing strategies to drive innovation. In some cases, retailers are using social media tools such as Instagram to post promotions and product tutorials — or interact openly with consumers about their offerings. Just under half — or 45.9

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Innovation Retail social media Apple 166

PYMNTS

NOVEMBER 19, 2018

During the holiday shopping season, countless consumers will use digital payments and commerce technology to buy gifts from distant companies — some overseas, some just in neighboring time zones — and have them shipped seamlessly to their destinations. The new Retail Innovation Readiness Index from PYMNTS, powered by AEVI, found that 65.4

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Retail Innovation Comparison Training 177

PYMNTS

APRIL 9, 2019

Voice-assisted retail has commanded most of the spotlight in recent months, a reasonable development given the sales of voice-enabled devices, especially during the 2018 holiday shopping season. Take one example from apparel retail (this one without any sweaters). Like so much else in digital retail, success comes down to data.

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Retail social media Tools Technology 166

PYMNTS

FEBRUARY 13, 2020

The retailer provides the 3D model and Apple uses ARKit – handling everything from scaling to lighting – to display it as it should look. Retailers are getting new customizable buttons to help sell products to iPhone users utilizing ARKit’s Quick Look feature. The company added a Quick Look browsing feature to Safari in 2018.

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Apple Tools Retail Technology 220

Bank Innovation

SEPTEMBER 5, 2017

EXCLUSIVE — After a year of AI hype, financial institutions seem more interested in building out an open banking ecosystem that actually uses the technology, and less interested in rushing towards an AI “breakthrough” that will revitalize banking.

Technology 290

Technology Online Retail 290

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

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Groups Retail Analytics Branding 157

PYMNTS

JANUARY 12, 2021

Retail giant Walmart is teaming up with delivery solutions startup HomeValet to launch a test pilot that would bring fresh groceries to people’s homes even if they’re not there. “If The smart box technology will provide the delivery driver with secure access to the box. Walmart first launched its grocery delivery service in 2018.

Technology 152

Technology Arkansas Online Retail 152

PYMNTS

JANUARY 17, 2020

Artificial intelligence (AI) is moving from cool concept toward everyday consumer reality, and signs of that innovation are increasingly appearing in the retail space. Take the issue of retail security as one example. Retail Trust and AI. Reducing network demands, the technology works even if cloud connection is lost.

Retail 149

Retail Security Fraud Illinois 149

PYMNTS

JULY 5, 2020

The Indonesian eCommerce retailer backed by SoftBank Group Corp. ’s In 2018, SoftBank ’s Vision Fund and Alibaba Group Holding Ltd., the Chinese multinational technology company specializing in eCommerce, retail, Internet, and technology, led a $1.1 In 2018, SoftBank ’s Vision Fund and Alibaba Group Holding Ltd.,

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Google Regional Retail Groups 264

PYMNTS

DECEMBER 27, 2018

It has been a year of innovations for quick-service restaurants (QSRs), with chains rolling out new digital technologies to help diners order and pay for food without having to wait in line. These are just some examples of how restaurant technology innovations powered convenient restaurant experiences this year: Online Ordering Expansions.

Innovation 157

Innovation Branding Online Technology 157

Bank Innovation

MARCH 11, 2019

In 2018 alone, $11.38 By all accounts, the non-qualified mortgage (non-QM) market is booming. billion of expanding-credit MBS, including non-QMs, was issued, and analysts expect a 60% increase in these products in 2019.

Technology 170

Technology Marketing Online Lending 170

PYMNTS

OCTOBER 13, 2020

Approximately twice as many consumers shopped for retail products from home in the summer of 2020 as they did in the summer of 2019, and three times as many grocery-shopped from home this summer over last summer, too,” the Report states, giving an idea of scope.

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Millennials Study Case Study Retail 298

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. For instance, SoundHound Inc. ,

Retail 154

Retail Branding Comparison Data 154

PYMNTS

JULY 8, 2019

Can cameras replace cashers in retail? According to a recent Wall Street Journal report, British grocer Tesco plans to open a “pick and go” or “frictionless shopping” store to the public next year, following testing the store technologies with employees. The grocery industry is making a go of it. The latest effort comes from the U.K.

Retail 152

Retail Innovation Seattle Chicago 152

PYMNTS

JANUARY 2, 2019

The company offered a discount on a steam oven, which had been described as relatively new technology in the world of residential kitchens, to encourage consumers to sign up for a subscription service.

Company 176

Company Marketing Report Trends 176

PYMNTS

JANUARY 15, 2021

The holiday shopping season is the most wonderful time of the year for the retail industry. Brick-and-mortar merchants and online retailers alike often rely on end-of-year sales to generate up to 40 percent of their annual revenues and start the new year on a positive note. A notable $730 billion in U.S. A notable $730 billion in U.S.

Retail 159

Retail Online Fraud Cards 159

PYMNTS

JANUARY 26, 2021

Artificial intelligence (AI) technology company Ariel AI has been acquired by Snap. in 2018 by ex-Facebook and ex-Google research scientists, including CTO George Papandreou and CEO Iasonas Kokkinos. The news comes as virtual reality (VR) and AR are beginning to make larger gains in the retail world. Ariel AI had landed $1.1

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Video Google Retail Online 193

PYMNTS

NOVEMBER 9, 2018

For retailers, the holiday season is both a busy and profitable time, but it’s also when cybercriminals seize the opportunity and target those increased retail revenues. In fact, more than one-third of consumers had their PII compromised in the last year, First Data’s 2018 Consumer Cybersecurity Study found. About The Report.

Trends 190

Trends CA Security Retail 190

Abrigo

SEPTEMBER 12, 2019

The Federal Trade Commission’s latest round of warning letters to companies selling products containing cannabidiol (CBD) is a reminder to financial institutions to tread carefully as they look into the possibility of providing banking services to cannabis-related retailers and other cannabis-related businesses (CRBs).

Retail 150

Retail Policies Regulation Compliance 150

PYMNTS

DECEMBER 17, 2020

Digital fraud is a long-running problem for merchants, retailers, banks and businesses of all types. Account takeovers and shipping fraud increased by 347 percent and 391 percent, respectively, between 2018 and 2019, and the pandemic has only exacerbated these issues. Developments From The World Of Digital Fraud.

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Fraud Online Retail Examples 255

PYMNTS

FEBRUARY 14, 2018

We turned to 39 executives in the space with a simple question: What’s next for 2018? If 2017 was the year of disruption , what will 2018 be? Simply stated, 2018 will be the year of the satisfied customer – because the players that fail to satisfy will also fail to have customers. The winners in 2018? Happy reading.

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US Payments Bitcoin Retail 199

PYMNTS

DECEMBER 26, 2018

A good education on this online retail trend — an education backed by original data — comes from Azita Habibi, business development lead at Braintree , a payments services firm owned by PayPal. Simply put, said Frieden, the car now “becomes an extension of the consumer’s home” across retail, fuel and convenience stores.

blockchain 157

blockchain Payments Online Innovation 157

PYMNTS

SEPTEMBER 9, 2020

Caught somewhere in the middle is a category that has had a tough run this lost summer of 2020: bridal retailers. A minimony , as the name suggests, is hardly as lucrative as its bigger cousin, matrimony – and that difference has taken a bite out of bridal retail. Smaller retailers are focused on safety as well as agility.

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Retail Los Angeles Guidelines Video 134

PYMNTS

DECEMBER 6, 2019

Retailers must accommodate financial flexibility, which is leading many to explore alternative solutions — such as Buy Now, Pay Later (BNPL) solutions. In the inaugural Buy Now, Pay Later Tracker , PYMNTS explores the potential impact that BNPL could have on the retail world, especially during the 2019 holiday season.

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Millennials Payments Retail Apple 219