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AI Takes The Measure Of Fashion Retailing

PYMNTS

That has led to the growing need for designers and retailers to personalize shopping experiences, and that’s the sweet spot for AI. percent clip from 2020 to 2026. For retailers the concept of taxonomy — naming and classifying items — has been transformed by AI. Fast fashion retailer H&M uses A.I.

Retail 165
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The Future of Checks – Tales From The Crypt

South State Correspondent

The rise of card-not-present transactions for phone and then e-commerce, starting in 1994, cannibalized check volume, as did Paypal, retail ACH for phone and internet transactions in 1998. As check volumes continue to decline as instant payments take hold and fraud increases, we predict the cost per check will hit over $15 per check by 2026.

Fraud 195
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Google Cloud, Nokia Join Forces On Cloud-Native 5G Products

PYMNTS

Under the development partnership, Nokia will provide its voice core, cloud packet core, network exposure function, data management, signaling and 5G core technologies. Nokia will also include its IMPACT IoT Connected Device Platform, which allows for the remote management of IoT devices, and its Converged Charging solution.

Google 156
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Walgreens Plans To Shutter 200 Locations

PYMNTS

Walgreens said in a statement, according to the outlet, “As previously announced, we are undertaking a transformational cost management program to accelerate the ongoing transformation of our business, enable investments in key areas and to become a more efficient enterprise.” At that time, the retailer also shuttered 200 locations.

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Revolutionizing the Way We Pay: The Top Payment Industry Trends You Need to Know in 2023

Perficient

In fact, according to The Business Research Company’s 2022 Payment Security Global Market Report , the payment security market is expected to reach $43 billion by 2026. Vendor and payment companies alike are seeking and creating solutions to provide their customers with the most secure digital payment experiences possible.

Industry 471
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Analysts Predicting A Big Year For eCommerce In 2017

PYMNTS

Going to be a good year for online retailers if analysts got their guess right. The study further noted that online retail sales growth has picked up just over 14 percent in the last year, and while there is expected to be some cooling there to 11.4 Omnichannel has changed the field some but also very much changed cost structures. “For

Retail 100
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Today In Data: Corporate Travel Spend, UK Cash Is King And Cannabis’ Growth

PYMNTS

trillion | Amount the Global Business Travel Association (GBTA) estimated global travel and expense management market corporate travel spend was worth in 2015. $70 6 billion | Total revenue brought in by the cannabis industry in 2016, a figure that some estimate will grow to as much as $50 billion by the year 2026. . $6

Data 116