PYMNTS

DECEMBER 30, 2020

Virtual cards and straight-through processing (STP) are poised to get more attention from buyers and suppliers as the pandemic recedes. Suppliers, he said, have traditionally been less amenable to commercial card payments, but are increasingly starting to accommodate buyers’ payment preferences.

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Cards Regional Payments Data 262

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. Of course, it’s revenue, not size, that has been USPS’ problem. Not Walmart (5,500 stores).

Retail 169

Retail US Survey Examples 169

PYMNTS

FEBRUARY 14, 2020

But there’s an entirely different retail universe where human “help” feels like an imposition. Shopping at one’s own pace, unaccosted by sales associates, is a core allure of unattended retail (UR). The big action in UR at the moment is, of course, Amazon Go – but it’s looking like that’s the tip of the iceberg.

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Retail US Report Cards 143

PYMNTS

OCTOBER 15, 2020

Herrick expects that ReplyBuy and Airship will create a holistic ecosystem, allowing retailers to use its engagement technology to acquire customers and then use conversational commerce to retain them and grow their value. Or would she prefer to visit the store (mask required, of course) for a custom fitting? To her home?

Retail 188

Retail Technology Branding Mobile 188

PYMNTS

AUGUST 9, 2019

In an interview with PYMNTS, Tim Moran, senior vice president of product and marketing at Worldnet , told PYMNTS that the age of automated retail is dawning — but there is no one-size-fits-all approach. The tech savvy consumer, he told PYMNTS, expects choice and autonomy in a retail setting. Some Exceptions to Automation.

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Retail Analytics Millennials Online 181

PYMNTS

JUNE 17, 2019

Is the store register on its way out in favor of other retail and payments innovation? In case you didn’t hear, Target faced a register outage that lasted for about 90 minutes on Sunday (June 16), which meant the retail chain couldn’t process cards or other forms of payment.

Retail 138

Retail Payments Metro Software 138

PYMNTS

DECEMBER 16, 2020

Amid the great digital shift , retailers and financial institutions (FIs) must walk the fine line between challenging transactions and letting the consumer journey proceed frictionless. That’s driven the retailer to require merchandise, risk-driven signatures that can be dynamically altered, said Thompson. The Scope Of The Problem.

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Retail Management Fraud Omaha 228

PYMNTS

SEPTEMBER 30, 2020

It’s happened to almost all consumers: They’re idly perusing their credit card statements when they come across completely confusing, seemingly random charges from businesses they don’t recognize in locations they’ve never visited. Consumers panic and call their issuers to question these charges.

Cards 220

Cards Online Fraud US 220

PYMNTS

DECEMBER 19, 2019

That’s because cameras are playing a much bigger role in retail, a trend that will keep gaining steam in the new decade. The Associated Press reports that cameras are, at least somewhat quietly, making inroads into a number of retail outlets in a bid to, well, get to know you. are now looking to follow suit.”. Security Cameras.

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Retail Software Video Course 131

PYMNTS

AUGUST 13, 2019

Not only is it a big time for retail but, in a sense, a kind of dress rehearsal for the upcoming all all-important holiday shopping season. Retail back-to-school spending for families will hit an average of $696.70 last year, according to the National Retail Federation , a trade group. this year, up from $684.79 Amazon Effort.

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Retail Innovation Course Trends 127

PYMNTS

JULY 6, 2020

If your business touches retail in any way, it might pay to follow a few important breadcrumbs. Worse yet, some analysts fear the triggering of break-lease clauses for retailers in malls if anchor stores leave. All of this will only make malls an even tougher sell to consumers, and to retailers that want consumers to buy their stuff.

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PYMNTS

OCTOBER 23, 2018

Payment cards could play a role in making somebody, or a group of people, insanely wealthy tonight via the $1.6 According to reports, 32 states allow consumers to use at least some combination of credit, debit and gift card to buy tickets for that lottery. billion Mega Millions drawing scheduled for 11 p.m. ET Tuesday night (Oct.

Cards 126

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PYMNTS

OCTOBER 14, 2019

If so, you’ve been at the site of one of the hottest areas of retail innovation. The general idea, of course, it to further personalize the consumer experience and also save customers the trouble of pulling out credit cards or phones to make purchases. Been on a fast food drive-thru lately? are now looking to follow suit.”.

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Innovation Retail Google Course 125

PYMNTS

JANUARY 22, 2020

For retailers, nothing really ever comes easy — and things aren’t getting any easier, at least when it involves gaining and retaining customers. Indeed, as the recently completed National Retail Federation (NRF) retail show in New York City demonstrated, commerce keeps moving to what Webster called in the webinar a “customer-centric approach.”

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Retail Millennials New York City social media 137

PYMNTS

JUNE 1, 2020

Capturing and then enabling card-on-file payments when consumers buy the products or services they consume in the physical world. Not surprisingly, to make consumers more comfortable shopping and checking out in their stores, retailers have rushed to enable a “ contactless ” payment experience. Uber and Starbucks pioneered it.

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PYMNTS

FEBRUARY 6, 2020

and has attracted more than 3,000 retailers to its partnerships. Sykes believes the attraction of online companies and uber-retailers it simple at one level. Klarna has melded New York Fashion Week glitz with experiential retailing this year. The changes in fashion retail are being driven by three dynamics.

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Retail New York Branding Millennials 142

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.

Innovation 174

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PYMNTS

AUGUST 27, 2019

When it comes to retail innovation — changes that promise to influence commerce not only this year, but in the 2020s — cameras could have a significant role. This data certainly isn’t nothing, but it pales in comparison to the data troves that digital retailers have. That’s not the only way innovation with cameras can help retailers.

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Retail Innovation Video Data 118

PYMNTS

DECEMBER 20, 2017

That’s a quote from department store maven John Wanamaker, illustrating a conundrum for retailers (and merchants in general): Namely, you’ve got to reach out to consumers if you are going to convince them to buy your wares. It is equally important to measure and iterate as the retailer continues to engage with its target audience.

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Big Data Retail Data Fraud 234

PYMNTS

JANUARY 22, 2019

In a press release , the Cupertino, California iPhone maker said that with the addition of the national retailers, 74 of the leading 100 merchants in the U.S. and 65 percent of retail locations around the U.S. Other major retailers that now support Apple Pay include Costco and CVS Pharmacy. Apple announced Tuesday (Jan.

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Apple Retail California Course 145

PYMNTS

JUNE 12, 2019

One example in retail and payments is tech incubators — specifically, those run by specific companies and brands, a trend that shows signs of growing even more in the 2020s (which, let us remind you, are only a few months away). That experience is one that is hard to gain as a vendor with new and exciting retail technology in the market.”.

Innovation 192

Innovation Retail Metro Case Study 192

PYMNTS

APRIL 5, 2018

Through Friday, April 6, customers with gift cards to the big box toy store can trade them in for gift cards to somewhere they’re more likely to shop, while those who hope to score some good deals at Toys R Us inventory liquidation sales can scoop up those unwanted gift cards at a discount. on the dollar for their gift cards.

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Cards US Retail Branding 109

PYMNTS

DECEMBER 26, 2019

But before we shut the door on 2019, it bears taking a moment to note how much the world of retail has changed in the last year, a fitting capstone on a decade that has seen retail as the American consumer commonly knew it taken to the ground and rebuilt nearly from the foundations. More growth, of course.

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Retail Branding Course Charlotte 135

PYMNTS

FEBRUARY 6, 2019

After a long, intensive crash course in payments, international money transfers, SWIFT , AML/KYC and a host of other financial service areas, it was clear to Nanu that the international payments market was in dire need of newer, better ideas. Serving Consumers And Business. The Customer As Issuer.

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Cards Retail Payments Marketing 189

PYMNTS

NOVEMBER 8, 2019

The rise of unattended retail – from yesterday’s vending machines full of candy and soda to today’s upscale self-service conduits where one can get kiosk champagne at a hotel (it’s true!) – all started with digital payments. That growth came as vending and unattended retail firms struggled to compete with big-box retailers.

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Retail Michigan Mobile Branding 108

PYMNTS

NOVEMBER 20, 2017

Over the course of his 97 years, Galbraith penned 48 books and thousands of essays on a variety of topics. Of course, the Amazon/Walmart rivalry has always made for good media sport. Johnson to kickstart the now-controversial “War on Poverty” program in the 1960s — a series of programs intended to end poverty and racial injustice.

Retail 137

Retail Mobile Online Cards 137

PYMNTS

JUNE 20, 2019

Commercial cards account for only a portion of corporates’ overall spend, as checks stick around and ACH gains ground. However, their market share is on the rise as card issuers develop more robust rewards programs, and the ability to integrate card spend into back-office spend management and analytics platforms.

Cards 133

Cards Innovation Data Payments 133

PYMNTS

JUNE 21, 2019

Retailers, too, have higher education on their minds. College is also a notable location for the rise of other retail innovation — including technology that is changing the QSR word, mobile order-ahead. The effort to get that right on college campuses involves tokening credit card payments and providing seamless sign-in services.

Retail 100

Retail Innovation Mobile Course 100

PYMNTS

MARCH 21, 2018

To meet consumers where they want to shop, retailers are taking an omnichannel approach to their offerings. And retailers are taking notice: Walmart , for example, recently introduced meal kits in its stores after selling them exclusively online. Retailers, after all, have an average satisfaction score of 37.9

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Retail Fort Worth Dallas Examples 135

PYMNTS

MARCH 27, 2020

Of course, companies hedge their bets a bit when it comes to guidance, offering a broad range for many data points. That may portend a bit of bumpiness for retailers like Target. But as The Wall Street Journal noted, the shift across the retail landscape has had a bit of mixed effect. But what comes next? Just check your inbox.

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Retail Conference Course Examples 131

PYMNTS

JULY 8, 2019

Can cameras replace cashers in retail? The move, of course, is inspired by what Amazon is doing in its Amazon Go grocery stores. The project also could grow to include app or loyalty card identification of shoppers to further the frictionless commerce and payments ideal. The grocery industry is making a go of it. European Role.

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Retail Innovation Seattle Chicago 152

PYMNTS

MARCH 4, 2019

Amazon, of course, stands out as a marquee name in the move to make the retail experience wholly digital commerce. 1281), seeking to combat a trend — namely that more businesses are embracing card-only payment methods spanning debit and credit — the ban would also result in fines of hundreds of dollars per violation.

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Retail New York City New York New Jersey 129

PYMNTS

SEPTEMBER 15, 2020

Retail spending may be helping to spur freight volumes, and to push already lofty pricing higher. That’s because consumer demand is picking up, but retail inventories are relatively low. Those include enhanced billing and pricing, with options for credit cards. million in funding.

Retail 140

Retail Operations Course Report 140

PYMNTS

SEPTEMBER 15, 2020

Retail spending may be helping to spur freight volumes, and to push already lofty pricing higher. That’s because consumer demand is picking up, but retail inventories are relatively low. Those include enhanced billing and pricing, with options for credit cards. million in funding.

Retail 140

Retail Operations Course Report 140

PYMNTS

MARCH 2, 2020

Retailers often need additional coverage during peak holiday shopping periods, hospitals may need substitutes for nurses on paternity leave and construction companies might need to increase staff for sizable projects. Employees’ Payroll Card Opinions. The number of activated payroll cards in the U.S. rose from 3.1

Cards 130

Cards ATM United States Payments 130

PYMNTS

JUNE 3, 2019

The two most powerful forces shaping the future of retail payments have nothing to do with payments at all. It’s a world in which new retail models and new places to shop have emerged to satisfy that need, blending the online and offline worlds in ways that benefit the digital and marginalize the physical – at least as it operates today.

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Retail Payments Online Cards 196

PYMNTS

JUNE 14, 2018

Consumer confidence seems to have returned in a big way in May as retail sales soared to their highest level since November 2017, according to news from The Wall Street Journal. Excluding auto sales, which have a tendency to bounce up and down frequently month to month, retail spending was up.9 Retail sales are up 5.9

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