PYMNTS

NOVEMBER 9, 2020

We are taking advantage of unused capacity,” Cooler Screens Chief Technology Officer Rob Dravenstott told PYMNTS in a recent interview. “We We are essentially taking glass doors that were probably underutilized and not asking the retailer for any additional physical space.”. sales lift is not a common thing.”.

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PYMNTS

DECEMBER 24, 2020

When it’s said and done there was only one story that mattered in the retail universe this year and it was the rise of the digital-first economy. These are companies like Adore Me (lingerie), Green Goo (personal care), Shift (used cars) and Misfits Market (produce). The numbers speak for themselves.

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PYMNTS

NOVEMBER 5, 2020

This in a week that has seen news reports that the world’s largest retailer has terminated its contract — and a 3-year-old automated shelf-stocking experiment — with San Francisco’s Bossa Nova Robotics , having found that existing “human” employees were able to do the same work just as well. The COVID Effect. Not Just Walmart.

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PYMNTS

NOVEMBER 19, 2020

Afresh Technologies has raised $13 million in a Series A extension round to expand its fresh food management technology that helps grocers reduce food waste. The round was led by Food Retail Ventures and joined by existing investors Innovation Endeavors , Maersk Growth , and Baseline Ventures.

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PYMNTS

JANUARY 20, 2021

In today’s top retail news, Birkenstock is said to be in discussions for a sale to CVC Capital Partners, while Cognira has released its AI Promotion Solution. The European shoe company could reportedly be valued at more than 4 billion euros (roughly $4.8 Cognira Rolls Out AI Promotion Suite For Retailers.

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PYMNTS

APRIL 1, 2020

Food retailers need to embrace a new term: digital traceability. If a shipment of avocados says it is fresh until May 1, the retailer can check its proof of provenance, and doesn’t have to take the word of the supplier as that company promises fresh goods to its consumers. And it could be one of the killer apps for blockchain.

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PYMNTS

NOVEMBER 16, 2020

When he first came up with the idea for an eCommerce technology company, Co-founder and CEO Finbarr Taylor was in the process of plowing through this story of medieval Japan. He needed a name for the company and liked the book. It enables companies like Leesa to import their product data during an expansion to a new region.

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PYMNTS

JUNE 26, 2020

That seems to be the prevailing attitude behind 5G , as several car companies have taken the delay in building mass networks for the new wireless technology as a cue to create their own. Present technology can be the limiting factor in re-configuring and deploying next-generation manufacturing systems. ”

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PYMNTS

AUGUST 13, 2020

By comparison, the first 3-D Secure (3DS) technology provides consumers with a user experience marked by lengthy times for processing and verification. In addition, the company said card networks like Mastercard and Visa have registered as high as a 10 percent rise in authentication rates on transactions with EMV 3DS.

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Perficient

NOVEMBER 23, 2020

If your business is distributing or supplying other businesses where customers may need to interact in person, such as restaurants, retail stores, hotels, etc., We have seen retail, restaurants, and other more public businesses begin to open and start to scale back up to normal, but they are just the beginning of what’s to come.

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PYMNTS

OCTOBER 19, 2020

Silicon Valley checkout-free, autonomous retail startup AiFi has secured a new round of funding, bringing its total raised to $30 million, the company said in a press release on Monday (Oct. AiFi has 330 autonomous store openings on deck for next year while it continues building out new and retrofitted autonomous stores worldwide.

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PYMNTS

NOVEMBER 16, 2020

Rakuten , a Japanese tech company specializing in digital eCommerce solutions for retailers, is introducing a new subsidiary to bolster physical stores. Tentatively called Rakuten DX, the new unit will launch schemes for digital transformation at retailers’ physical shops, Rakuten said in a statement on Monday (Nov.

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PYMNTS

MAY 12, 2020

Picture, instead, fleets of utilitarian machines, squat, careful and not at all threatening, rolling through retailers’ aisles, hospital wings and other avenues of everyday human life. told Karen Webster that retailers and other firms are going to need to consider “cleanliness as a brand value.”. Brain Corp. It became essential.”.

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PYMNTS

NOVEMBER 3, 2020

We are a platform company… think about it like Amazon,” CEO Caryn Seidman-Becker explained on stage at a U.S. Now, CLEAR's touchless technology is able to connect identity to health insights to help people feel confident walking back into the office.". Or into a retailer, doctors office or stadium.

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PYMNTS

JUNE 9, 2020

Physical brick-and-mortar retail was suffering long before the pandemic. Highlights include grocery, retail and contactless, he said. In addition, retailers are searching for more flexible fulfillment options spanning online pickup in store, pickup curbside, and a number of variants of that continuum of reaching end customers.

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PYMNTS

APRIL 10, 2020

Amid increasing demand for contactless delivery, Starship Technologies has rolled out a robot food delivery offering in Tempe, Arizona. Ryan Tuohy, who leads Starship Technologies’ business development, said in a statement, “The demand for contactless delivery has expanded exponentially in recent weeks. to 8:30 p.m.

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PYMNTS

OCTOBER 25, 2020

Verizon and Microsoft have teamed up to accelerate the delivery of private 5G networks for businesses, announcing a collaboration they said will transform the retail, transportation, logistics, manufacturing and healthcare industries. Making 5G a Reality.

Technology 257

Technology Samsung Mobile United States 257

PYMNTS

DECEMBER 16, 2020

Digital sports entertainment and gaming industry platform DraftKings — known for its top-rated daily fantasy sports and mobile sports betting apps — today announced an agreement with InComm Payments , a global leading payments technology company, to launch an industry-first retail gift card. . DraftKings reported on Friday (Nov.

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PYMNTS

JULY 3, 2020

Retail CEOs faced a parade of problems in 2020’s first six months, but some executives look ready to set off plenty of fireworks in the year’s back half. . Here’s a July 4 th look at some top executives in retail who seem ready to declare their independence from business as usual in 2020’s final six months. . John Donahoe, CEO, Nike.

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Retail Apple Branding Marketing 267

Payments Dive

JUNE 11, 2019

Giants in retail, banking and the Web are rapidly adopting blockchain technologies. But, will these companies such as Google and Facebook truly dominate blockchain?

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Google blockchain Retail Technology 345

PYMNTS

DECEMBER 16, 2020

In today’s top payments news around the world, IBM has bought Canada-based Expertus Technologies, while Gojek is rolling out its new GoBiz Plus point-of-sale (POS) offering. The Canadian company works in cloud services for the financial sector with more than 1,000 credit unions, banks, businesses and regulatory agencies.

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Payments Dive

MAY 19, 2022

The company plans to try out facial recognition and hand-scanning technology in multiple countries.

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PYMNTS

JULY 6, 2020

If your business touches retail in any way, it might pay to follow a few important breadcrumbs. Constellation, a holding company that owns popular beer, wine and spirits brands including Corona, says that 90 percent of its sales today come from physical establishments — bars, restaurants, liquor stores and hotels, to name a few.

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PYMNTS

JANUARY 12, 2021

Voice Technology Accelerates. The technology is built to use sound waves to build what the firm calls and Audio QR as a medium for the merchant or seller and payment information to complete the transactions. “We It was a need of the hour to bring in a breakthrough technology in offline shopping too,” ToneTag CEO Kumar Abhishek said.

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PYMNTS

DECEMBER 4, 2020

The hot new thing in “Big Retail” is offering in-house advertising on your website to your vendors – because why get paid only once on a purchase if you can get paid twice? In short, retailers get paid to place the ad, and then get paid again when the merchandise is sold. Enormous Potential.

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Retail Trends Branding Groups 216

Bank Innovation

DECEMBER 13, 2019

Smaller banks and credit unions are under increasing pressure from larger banks and tech-centric financial services companies. New data shows why significant gaps in mobile banking capabilities are complicating these FIs’ struggles to keep up.

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PYMNTS

NOVEMBER 11, 2020

Buy now, pay later (BNPL) payments platform Afterpay is teaming up with retailer Gap to offer flexible spending options as the holiday shopping season gears up. The company has more than 14,000 merchants in its shop directory. It also teamed up with major retailers across the U.S. ahead of the holiday shopping season.

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PYMNTS

JULY 24, 2020

When Indochino launched in 2007, the company wasn’t out to create a new template for the entire retail sector, just a better product with better prices and a better buying experience. Getting the technology, processes and staff training into place has been hard. I don’t wish that on any of our competitors,” he said.

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PYMNTS

NOVEMBER 24, 2020

But top industry experts told Karen Webster during PYMNTS’ latest “On The Agenda” panel that the hurdles for retailers are only beginning. He said the shipping infrastructure nearly buckled earlier this year, and retailers are now being highly conservative when it comes to managing deliveries. “We Stay Flexible .

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Perficient

JANUARY 12, 2021

Forrester noted that 53% of the US retail industry planned investment in AR in 2020 because they know it assists consumers in making purchase decisions. It seems that businesses and customers truly are at a new inflection point with this technology and opportunities are available for brands. So, is now the time for AR?

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Customer Experience Branding Video Online 538

South State Correspondent

MARCH 3, 2025

The Act also allowed bank holding companies to acquire failed banks across state lines. As the caps came off deposit rates, banks increased their rates offered to retail and commercial customers. These two acts took the governors off around how banks managed deposits. No state allowed this until 1978.

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PYMNTS

OCTOBER 20, 2020

Fabric, a new headless commerce platform startup for retailers, came out of the gate with a head of steam on Tuesday (Aug. The product is a cloud-native platform that enables retailers to deliver digital commerce experiences without having to rely on expensive engineering resources. Shopify and BigCommerce have a new competitor.

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Retail Branding Technology Tools 238

PYMNTS

FEBRUARY 13, 2020

Biometric VeinID platform Fingopay announced that it is launching an Open Banking retail pilot with Reflow , a payments firm. The partnership has allowed the companies to create a bank-to-bank, face-to-face VeinID payment, according to Fingopay , enabling customers to make payments with just the swipe of a finger.

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PYMNTS

SEPTEMBER 29, 2020

But there are plans to expand it across Seattle, New York, Chicago and San Francisco, the company said. If it’s a hit with users, Amazon plans to bring it to other retailers as well as performance venues and the nation’s offices. The initiative comes as shoppers continue to explore contact-free payment technology.

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PYMNTS

JANUARY 3, 2021

A surge in eCommerce returns driven by COVID-19-related policy changes is hurting retailers but helping logistics companies, the Financial Times reports. If retailers can't restock the item, they lose whatever they paid for it. As undesirable as accepting returns is, retailers are trapped, the Financial Times noted.

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Payments Dive

JUNE 27, 2023

The coffee retailer was only able to accept cash and Starbucks App payments on Monday during a company-wide technology snafu.

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Perficient

AUGUST 10, 2020

The WeWork building is a co-working space that provides networking opportunities with other local and national companies. The office also has a fitness center plus restaurants and retail on the ground level. Charlotte is a vibrant and growing city with a steady influx of technology workers and start-up companies.

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