Accenture: Banking

JULY 1, 2024

Over the… The post Navigating the storm: Strategic focus areas for retail banks in uncertain times appeared first on Accenture Banking Blog. In part two, I will discuss key areas banks should focus on to avoid becoming paralyzed by the challenges they face.

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Retail Management Data 345

PYMNTS

AUGUST 5, 2020

In retail technology, Yotpo is helping brands capture the digital shift by making a compressed marketing stack for online shopping. All this, Today in Data. Data: 3,300: Number of employee participants in Macy’s Style Crew program. 78%: Share of consumers who have changed how they pay for things to reduce contact.

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Retail Payments Google Branding 263

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. They and others have succeeded because they entered the market independent of traditional retail, and because their business model fit the needs of the pandemic.

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Retail Branding Minneapolis Trends 295

South State Correspondent

OCTOBER 24, 2024

Right on target, the Consumer Financial Protection Bureau (CFPB) released the final version ( HERE ) of the much-anticipated Section 1033 rule on consumer financial data rights this week. The Rule now gives consumers greater control over their financial data and the ability to share it securely with third-party service providers.

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Data Security Fintech Resources 221

Payments Dive

SEPTEMBER 23, 2024

The tech giants are inserting themselves into more retail transactions to build loyalty and harvest customer data.

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Google Payments Retail Data 444

PYMNTS

FEBRUARY 5, 2020

As we know, mostly anonymous corporations have been collecting consumer data online for years, usually without explicit permission, selling it or using it for ad retargeting and personalization. Then, there are the huge data breaches that just keep happening, increasingly to companies with high levels of consumer trust.

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Payments Dive

SEPTEMBER 26, 2023

The convenience retailer accused the card network company of breach of contract and unfair practices stemming from its 2019 malware attack.

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Data Retail Cards Company 351

PYMNTS

JANUARY 8, 2021

Retail rents have plummeted to historic lows in New York City amid the COVID-19 pandemic, as bankruptcies and vacancies penetrated the area, CNBC reported on Friday (Jan. Further, the biannual report released by the Real Estate Board of New York (REBNY), found that retail rents in Manhattan declined across all 17 corridors it tracks. .

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Retail New York City New York Report 249

PYMNTS

JUNE 26, 2020

McNicoll said the quick gains aren’t surprising, as physical retail stores essentially closed down worldwide for months. McNicoll said his company is better positioned than a traditional lender at approving such offers, because the firm takes a wider view of a retailer’s finances. We have nothing to benchmark it against.

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Retail Online Capital ATM 318

Perficient

JANUARY 29, 2021

Oracle Cloud ERP Financials – TCA – Suppliers and Customers – Data conversion. You’ve been tagged as one of the resources to lead or assist with data conversions. Very important and difficult data conversion is Suppliers and Customers. Identify all the systems that hold Supplier and Customer data.

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Data System Taxes Examples 322

PYMNTS

DECEMBER 28, 2020

It could be argued that for the retail industry to pull off a 3 percent uptick for holiday sales this year was an astonishing feat. But even still, as Mastercard got out first with its spending data, that widely reported 3 percent uptick is a bit below what could have been lofty expectations. percent unemployment rate. percent in 2019.

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Data Retail Online Report 260

PYMNTS

AUGUST 10, 2020

For physical retail, the pandemic was simply the force that accelerated a decline that had started in 2014 — one that inertia had masked for all of the years up until now. This data came on the heels of a holiday shopping season that was strong, but weaker than retail analysts had expected. A Long Time Ago … In January 2020.

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Retail US Innovation Report 291

PYMNTS

NOVEMBER 9, 2020

“We are essentially taking glass doors that were probably underutilized and not asking the retailer for any additional physical space.”. From a business standpoint, we believe that things like sales lift are obviously a really important metric,” Dravenstott said, “and you don't hear that much in brick and mortar retail.

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Perficient

JUNE 2, 2021

Over the next few blog posts, I will share how you can supercharge your firm’s data governance programs by leveraging data lineage capabilities. The information I will share with you is based on many years of experience leading and supporting large data governance initiatives in financial institutions.

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Data Tools System Examples 294

PYMNTS

JANUARY 25, 2021

The National Retail Federation ’s annual convention may have come and gone but the sentiments, strategies and lessons learned from facing nearly a year of pandemic-led changes by some of the world’s largest merchants are going nowhere fast — especially when it comes to their embrace of increased digitalization. We’re not a data company.

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Bank Innovation

FEBRUARY 26, 2020

While data aggregators and bankers participating in the forum agreed on the principle that consumers should have the right […]. on Wednesday.

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Data Washington Industry Customer Experience 300

PYMNTS

NOVEMBER 9, 2020

Now there are signals that a physical retail rebound is forming up. presidential election in the rearview mirror and 2021 right around the corner, a new shift is underway: the slow but certain move back to shopping inside retail stores — an experience that people still crave for the experiential joy it brings. With the U.S.

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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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PYMNTS

OCTOBER 21, 2020

The pandemic has shifted priorities in regulatory policy tied to the financial services industry — and for Europe, it is heralding the emergence of a data-driven economy. The trends toward modernizing the banking system were only accelerated by lockdowns and shutdowns of brick-and-mortar locations. Ready for Digital Currencies? .

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Data Regulation National Examples 317

PYMNTS

FEBRUARY 13, 2020

In the bid to transform age-old processes, to make them more efficient in a world marked by increasing scarcity of resources, climate change, and a growing population, data – and in particular the intelligent use of data – can help transform food production supply chains, improving safety and reducing costs.

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Data Resources Marketing California 282

Perficient

DECEMBER 30, 2020

The American Customer Satisfaction Index’s recent COVID-19 special retail study showed satisfaction declines across 75% of the retail companies. But the ASCI study showed a decline of almost 5% in customer sat for internet retailers versus just a 1.3% decline for Department & Discount stores.

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Online Study Branding Customer Experience 421

Bank Innovation

DECEMBER 13, 2019

New data shows why significant gaps in mobile banking capabilities are complicating these FIs’ struggles to keep up. Underlying macro trends where big banks continue gaining share, data on product and feature-level propositions provides a granular view of […].

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Perficient

NOVEMBER 17, 2023

Now, we will delve into the stability of retail deposits from the same bank over the same timeframe, determining whether they were resilient compared to transaction accounts. Deposit Balances Over Time Data for the publicly traded multi-state bank was sourced from US Bank Locations.

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Retail FDIC Risk Management Management 221

PYMNTS

DECEMBER 15, 2020

But if a firm were looking to collect a lot of customer fit data for their fashion business, T-Shirts are a pretty obvious place to start since they’re inexpensive enough to be highly accessible to consumers. Uploaded photos, additionally, are not saved and are deleted immediately after use.

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Data Examples Branding Course 279

Perficient

AUGUST 14, 2020

This same shift has been occurring within retail for over a decade and has taken precedence over building storefronts. A digital network is a platform that is dynamic enough to handle a variety of transactions; in healthcare, this would include virtual care, digital engagement, consumerism and retail offerings.

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System Analytics Strategy Guidelines 519

Perficient

JULY 20, 2020

His business-priority-first focus is centered on understanding client’s challenges in acquiring, engaging, and retaining customers through a data-driven, iterative approach. CX Strategy & Retail Innovation Summit | July 28th. CX Data Analytics & AI Summit | August 4th. Advanced AI & Customer Data Decisioning.

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Customer Experience Analytics Marketing Strategies Leadership 526

Bank Innovation

DECEMBER 31, 2019

Although banks’ handling of consumer data is already covered by the federal Gramm-Leach-Bliley Act (GLBA), banks are scrambling to figure out what […].

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Data California Regulation Fintech 307

PYMNTS

NOVEMBER 30, 2020

Other major reasons holiday shoppers gave for doing their shopping online this year included being able to access lower prices, it takes too long to get in and out of stores and believing that data security was stronger online. Most consumers find it just as easy to buy items online as in-store, with the notable exception of high-value items.

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Data Online Cards Google 321

Abrigo

JANUARY 24, 2025

During the webinar, experts shared data and insights about CRE lending trends and offered advice for managing related risks. Industrial properties led the way, supported by e-commerce demand and consistently high occupancy rates, according to Trepp data. We can help you set up stress testing that's right for your loan portfolio.

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Lending Trends Risk Management Management 221

PYMNTS

OCTOBER 13, 2020

consumers are now grocery shopping using a variety of connected devices, while 46 million (38 percent) are shopping for retail products — without ever leaving the confines of their homes. consumers are now doing their routine grocery shopping during the week as well as 153 million (51 percent) doing their retail shopping.

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Data United States Study Retail 261

South State Correspondent

MAY 31, 2023

In this article, we look at cell phone tracking data for about 1,000 branches across the industry to derive insights to help banks increase branch engagement and boost branch profitability. Through modern data tools, banks can now map their competitors’ customers closer to their bank’s branch than their competitors (below).

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Data Branch Strategies Strategy Mobile 195

South State Correspondent

MAY 9, 2024

This data is critical for pricing, capital allocation, and marketing. Looking at cell phone data, traffic has increased over the last year but within the single digits at most properties, which is not enough to impact lease renewals. Retail is the other sector worth noting as it is the opposite of multifamily.

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Data Trends North Dakota Capital 195

South State Correspondent

APRIL 9, 2025

Poorly Structured Data : Product details are often embedded in HTML in inconsistent ways, with no clean machine-readable schema for account fees, rates, or service tiers. Think of these as the “API/MPC-forward, agent-readable” versions of your retail and business banking websites.

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How To Data Security Management 221

PYMNTS

DECEMBER 30, 2020

Department stores are struggling in a digital-first economy, while forward-thinking retailers are looking at the returns process as an opportunity to create a positive customer experience. All this, Today in Data. 97% : Share of consumers who will buy from a retailer again after having a positive returns experience.

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United States Customer Experience Retail Data 261

Bank Innovation

APRIL 1, 2020

As financial institutions transition employees to working remotely during the coronavirus pandemic, cybersecurity threats have made them more vulnerable, according to information and cybersecurity experts.

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Data Innovation Strategies Groups Security 284

PYMNTS

AUGUST 18, 2020

There’s data and then there’s the story the data can tell — and sometimes the story you get is not the whole story. Census Bureau reported that retail eCommerce sales for the second quarter, on an unadjusted basis, stood at $200.7 That jump comes at total retail sales were $1.3 To that end, on Tuesday (Aug.

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Retail Cards Online Data 289

Abrigo

JULY 14, 2023

Practical advice for using data to develop and support institution goals Answering three questions ahead of strategic development discussions can ensure data drives your financial institution's efforts. Second, efficiently generating those insights from your data is a requirement for a sustainable process.

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