Accenture: Banking

MAY 30, 2019

Credit card volume and receivables continue to grow amongst the top issuing banks for the first quarter of 2019; however, the growth rate of each has been slowing compared to prior years. Issuer scorecard ($billions)—Q1 2019. The post Q1 2019: US credit card issuer snapshot appeared first on Accenture Banking Blog.

Cards 177

Cards US Taxes Apple 177

PYMNTS

MAY 12, 2020

It is a $75 billion industry dominated by millennials and ripe with opportunity for direct-to-consumer (D2C) brands. The physical locations have mixed status depending on the state, between essential and non-essential companies, but many have stayed alive with “order online pick up in store” services or curbside pickup.

Branding 166

Branding Online Strategy Marketing Strategies 166

Perficient

JULY 30, 2020

Louis and serving thousands of colleagues around the globe, is the leading global digital consultancy transforming how the world’s leading enterprises and biggest brands connect with customers and grow their businesses. Louis colleagues celebrated the Stanley Cup win in 2019. ” SEE MORE: Perficient Colleagues Having Fun in St.

St. Louis 530

St. Louis Missouri Minnesota social media 530

PYMNTS

MARCH 17, 2020

While many luxury retailers have found themselves needing to slash prices to keep inventory moving, some luxury brands are switching manufacturing to assist in the coronavirus crisis. A bright spot is also emerging for luxury brands as China recovers slowly. The luxury business is going the distance for COVID-19.

Branding 146

Branding User Experience Retail Trends 146

PYMNTS

SEPTEMBER 16, 2020

In 2019, U.S. Health club visits also peaked in 2019 as more than 73 million users frequented their health club, gym, or studio for a total of 6.7 Major brands like Apple and Peloton have the resources to provide unique fitness experiences featuring instructors that achieve celebrity status. billion visits for the year.”.

Exercises 206

Exercises Branding Apple Industry 206

PYMNTS

JANUARY 21, 2021

Barneys became the latest brand to rise from the dead recently when the retailer reopened as “ Barneys at Saks ,” a store within a store at the flagship Manhattan site of its former rival, Saks Fifth Avenue. “We However, Barneys fell into bankruptcy in 2019, due in part to rising rents at its Manhattan and Los Angeles stores.

Retail 246

Retail Los Angeles New York Branding 246

PYMNTS

MAY 14, 2020

Every online wine company that reports sales has noted big spikes during the pandemic. The latest to report, Wine.com – which bills itself as the nation’s leading online wine retailer – earned $165 million in revenue and saw 25 percent growth for fiscal 2020, ending March 31. With sales of $3.2

Online 164

Online Retail Millennials Analytics 164

PYMNTS

APRIL 9, 2019

Amazon, in the announcement released today, said that it “spends billions” on tools and services to help SMBs grow their operations and sell more online.

Tools 167

Tools Analytics Branding Online 167

PYMNTS

NOVEMBER 25, 2020

24) that it enjoyed a 61 percent jump in online sales during its fiscal third quarter ended Oct. But all in, Gap Global’s net sales dropped 14 percent year over year, with comparable sales for the brand falling 5 percent from Q3 2019. billion at Q3 2019’s end. said Tuesday (Nov. Gap added that it finished Q3 with $2.6

Online 170

Online Branding Retail Management 170

PYMNTS

JUNE 18, 2020

Designer Brands Inc. percent for the first quarter of 2020, in comparison to a 3 percent rise in the same quarter of fiscal 2019, according to an announcement. percent for the first quarter of 2020, in comparison to a 3 percent rise in the same quarter of fiscal 2019, according to an announcement. percent to $482.8

Branding 141

Branding Report Guidelines Retail 141

PYMNTS

NOVEMBER 13, 2020

Power research shows that the number of customers doing their credit applications online has kicked into high gear. Consumers and Banks Both Like Online Auto Loans. Consumers are apparently so glad to dump the back-office haggle between dealer and bank that roughly one-third of car buyers are now doing the loan process online, J.D.

Online 214

Online San Francisco Trends Marketing Strategies 214

PYMNTS

NOVEMBER 23, 2020

Western Union first unveiled the goal of expanding digital payments to 100 countries during its investor day event in 2019. With consumers increasingly turning to online ways of doing things amid the pandemic, Western Union saw its digital revenue jump 45 percent in the third quarter compared to the same period a year ago.

Payments 361

Payments Strategy Regional Trends 361

PYMNTS

SEPTEMBER 21, 2020

Walmart is positioning its new line, called Free Assembly, as “a modern fashion brand with elevated style,” featuring casual looks with layered approaches that will make it marketable during any season. Denise Incandela , who was once SVP Women’s Group, has now added “elevated and online brands” to her title. The Monday (Sept.

Branding 226

Branding Retail Online Strategy 226

PYMNTS

SEPTEMBER 17, 2020

Online sportsbooks have been beneficiaries of that dictum ever since COVID-19 eradicated most live sports, leaving millions of fans and a great many bettors potentially mired in boredom. DraftKings signed a multiyear deal in 2019 to be an authorized NBA betting operator. How much potential does online gambling have?

Online 168

Online Indiana New York Nevada 168

PYMNTS

DECEMBER 24, 2020

PYMNTS research on consumer shopping habits showed that 24 percent of all consumers say they have taken at least one of their routine shopping activities online and do not plan to revert to shopping in stores for this activity, even after the pandemic is over. More consumers are going online to shop and pay as the pandemic progresses.

Retail 295

Retail Branding Minneapolis Trends 295

PYMNTS

AUGUST 27, 2020

Walmart is selling two of its online brands in a continuing goal to concentrate on its website. 27) that the Arkansas-based retail giant is scrapping Shoes.com and Bare Necessities, the intimate apparel brand. Also last year, Walmart shuttered its Jet.com eCommerce website and phased out the brand.

Los Angeles 144

Los Angeles Branding Arkansas Retail 144

PYMNTS

DECEMBER 17, 2020

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. Other fraudsters are deploying phishing schemes to net their ill-gotten gains, either using the stolen data themselves or selling it online.

Fraud 255

Fraud Online Retail Examples 255

Gonzobanker

DECEMBER 20, 2019

GonzoBankers, 2019 was a year of extremes. Third, read and enjoy the 2019 edition of the GonzoBanker Awards, our 18 th. Mark Turner, Executive Chairman of the Board, WSFS Bank – We have to give the nod to an early 2019 retirement of Turner, who had one hell of a run in 12 years at the helm of a great community and wealth bank.

Idaho 148

Idaho Conference Data Marketing 148

PYMNTS

FEBRUARY 13, 2020

Payment processing was good to financial transaction provider WEX in 2019, as the company reported double-digit growth for the year in its earnings report today. If businesses act accordingly, they can start fostering a sense of brand loyalty in this group at the very start of their customer journey. “If

Millennials 150

Millennials Examples Cards Groups 150

PYMNTS

JANUARY 13, 2021

Auto1 said it would put about three-quarters of that back into its business, which includes its Autohero website brand. billion euros in 2019. It also touted the “accelerating shift” toward online shopping as another reason for its ongoing success. Revenue grew by 21 percent to reach 3.5

Online 131

Online Groups Branding Marketing 131

PYMNTS

JANUARY 17, 2020

Amazon’s relationships with big brands on their platform is looking quite a bit less healthy than it once was, while Walmart has seen grocery services lose some ground in terms of consumer appreciation, according to a recently released ranking. Big News of the Week: Another Big Brand Break-Up. online spend.

Branding 139

Branding Retail Meeting Report 139

PYMNTS

DECEMBER 28, 2020

Some predictions pre-holiday ranged as high as a 5 percent increase over 2019; some called for flat spending. percent in 2019. percent and online sales growth of 3.3 What’s more interesting is what might be a new “black” shopping holiday, which is the last day that retailers guarantee online shipping. percent online.

Data 260

Data Retail Online Report 260

PYMNTS

OCTOBER 16, 2020

What was once a small but meaningful constituency — online shoppers — suddenly seem to be holding all the cards. How consumer packaged goods (CPG) brands and subscription-based businesses respond to this important trend will be make-or-break for many. million, a 97 percent increase from 2019.

Branding 211

Branding Study Online Retail 211

PYMNTS

DECEMBER 15, 2020

Merchants must constantly reevaluate their customer-targeting efforts to suit the latest commerce developments, and many are pivoting from brick-and-mortar advertising to focus their outreach online or via social media channels. These trends are in turn ratcheting up the number of customers who are moving to new brands.

Payments 236

Payments social media Branding Retail 236

PYMNTS

DECEMBER 24, 2019

21, the last Saturday shopping day before Christmas 2019, has been confirmed as the single biggest retail sales day in U.S. billion and that exceeded 2019 Black Friday sales by 10 percent. More customers are shopping online, as well, as retailers offer improved web platforms. (58 Exceeding forecasts , Dec. 14, with $28.1

Retail 186

Retail social media United States Millennials 186

PYMNTS

JULY 1, 2020

The digital shift at retail continued its momentum this week as Walgreens and Lululemon both made significant moves to embrace the online consumer experience. pharmacy brand) access to customer data as they navigate online channels and provide consumers with more eCommerce options from the brands. “At

Exercises 249

Exercises Branding Retail Customer Experience 249

PYMNTS

JANUARY 23, 2019

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. With more at-home shoppers curious about this hardware, VR is also gaining its place in eCommerce as a way for consumers to have a full, tactile experience in an online store.

Retail 171

Retail Branding Online Report 171

PYMNTS

JANUARY 8, 2021

But for all the challenges thrown up by 2020, the surge of consumers online has forced merchants to raise the level of their digital checkout game, according to the latest edition of the PYMNTS Checkout Conversion Index. percent for online and 1.4 The year 2020 saw the overall index score rise by 2.2 The Classics Still Count .

Retail 261

Retail Online Mobile Customer Experience 261

PYMNTS

MAY 8, 2020

By early 2019, Samsung Pay’s international presence grew to six global regions. By year-end 2019, it expanded into several new countries. . It was also the first platform to introduce a cashback service for online shopping and recently added support for Swipe’s cryptocurrency Visa cards.

Samsung 230

Samsung Management Cards Regional 230

PYMNTS

DECEMBER 18, 2020

Consumers redeemed more than $31 billion in eCommerce coupons in 2019, with untold other offers clipped from newspapers and receipts and cashed in stores. Rauch said the key to fighting promotion abuse fraud is to move as many promotions as possible online, where the store can monitor who uses them and reduce fraud opportunities.

Fraud 275

Fraud Retail Online Customer Experience 275

PYMNTS

APRIL 22, 2020

percent for some brands as dealerships were shut down due to concerns over the personal contact inherent in the auto sales process. For the first 12 days of April they dropped tumbled 63 percent vs. 2019. Online auto sales are the only game in town. A small percentage of car purchases were made online last year.

Marketing 195

Marketing Online Video Industry 195

Perficient

NOVEMBER 17, 2020

At the same time, Covid-19 presents opportunities for business leaders in the banking industry and beyond to develop strategies and branding that will define their future, as distinct market forces and customer behaviors will certainly emerge in the “new normal.” Mobile end-to-end account opening is one of those areas. Banks have seen a 14.5%

Mobile 294

Mobile Online Conference Customer Experience 294

PYMNTS

DECEMBER 6, 2019

Consumers — especially millennials and Generation Z — are looking for new commerce experiences during the 2019 holiday season. 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.

Millennials 219

Millennials Payments Retail Apple 219

PYMNTS

FEBRUARY 26, 2019

As the mobile app space gets more saturated, most brands are leaning hard on their loyalty and rewards programs for a boost. Take coffee chain Starbucks , and how focus on its mobile app and Starbucks Rewards program led to the largest growth the brand has seen for its mobile usership in a three-year period.

Fraud 186

Fraud Mobile Branding User Experience 186

PYMNTS

APRIL 13, 2020

As reported by the Financial Times over the weekend, joint estimates by Oliver Wyman and Morgan Stanley predict that even with rapid economic recovery seen within six months, profits would decline by 100 percent in 2020 as compared to 2019. Citi , for another example, said branded card sales were up 10 percent in the quarter.

America 312

America Cards Mobile Report 312

PYMNTS

DECEMBER 16, 2020

DraftKings is expanding its reach with physical distribution and brand presence to the most frequently visited retail chains across the country, spanning convenience, pharmacy and general merchandise partners. 13) that Monthly Unique Payers (“MUPs”) for its business-to-consumer (B2C) operation surged 64 percent in contrast to Q3 2019.

Retail 230

Retail Cards Payments New York 230

PYMNTS

MAY 8, 2019

In that recent discussion with Karen Webster, Nussenbaum talked about how his company is bringing back-end marketplace services — which include merchandising and fulfillment tasks — to a host of retailers and brands in a variety of retail niches. Let’s pause for a minute and dig deeper into the concept of online marketplaces.

Retail 211

Retail Branding Online Operations 211