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2030 arrives in 2020

Chris Skinner

This is it … In one month, retail sales jumped massively from 16% to 27% of all sales. Other facts and figures that made me smile were Amazon’s retail sales jumping 24% in … The post 2030 arrives in 2020 appeared first on Chris Skinner's blog. I got a chart this week that made me smile.

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Podcast: Retail POS lending is an opportunity for lenders, Pagaya president says

BankInovation

Point-of-sale financing as an alternative payment method is a growing opportunity for lenders, technology company Pagaya’s President Sanjiv Das says on this episode of “The Buzz” podcast. According to auto lender and Pagaya partner Ally Financial, POS financing is expected to reach a value of more than $81 billion by 2030.

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Envisioning Self-Driving Cars: From Grocery Retail To Ride-Hailing

PYMNTS

Self-driving cars are the talk of the IoT space, and the technology is projected to see serious growth in the coming years. Many organizations, from retailers to local governments, are turning to self-driving technology to help them reach their goals and to get purchases and people to their destinations.

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Will Vroom’s Plan To Bring AI To Auto Sales Mark The Death Of Dealerships?

PYMNTS

As car buyers and sellers across the country increasingly turn to eCommerce solutions, CarStory will strengthen and extend the reach of our digital retailing platform, and together we will accelerate the transformation of the massive used auto industry,” Vroom CEO Paul Hennessy said in announcing the $120 million cash-and-stock deal.

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Today In Data: Value-Add Services And Scan-And-Go’s Future

PYMNTS

With Amazon Go and other retailers seeking to change the way consumers pay for groceries, mobile technology companies are eyeing value-add services, such as loyalty programs for self-checkout. At the same time, banks are turning to artificial intelligence (AI) technology to gain an edge over their competition.

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AI/Bot: Dole’s Secret Artificial Intelligence Weapon

PYMNTS

Artificial intelligence (AI)–assisted technologies have been on the rise over the past few years. PYMNTS spoke with Dole Packaged Foods Asia VP of Marketing and Innovation Ashvin Subramanyam and Albert CEO Or Shani about this campaign and learned what AI is doing for the retail space. Yes, we can all thank AI for our Netflix addiction.

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Restaurant Business Serves Up Mixed Plate For 2020

PYMNTS

The restaurant business is: a) healthy for 2020 or b) apprehensive about technology. The 2020 outlook report from the National Restaurant Association was released today and it paints a picture of an industry dealing with the countercurrents of solid consumer spending and disruptive technology. All of the above.