Remove Marketing Remove Retail Remove United States
article thumbnail

Getting real about real-time payments in the United States

Accenture

The global real-time payments market is projected to reach about $26 billion by 2023. ². Instant payments are also top-of-mind as customer experience becomes the currency of competitiveness in retail and commercial payments. The United States is an instant payments laggard compared to the rest of the world. It is a hydra.

article thumbnail

FTC Officials Look Into Amazon’s Use Of Market Power

PYMNTS

To find out if Amazon is utilizing its market power to hurt competition, a Federal Trade Commission (FTC) team of investigators has started to interview small businesses that sell items on Amazon. 11), citing unnamed merchants. They’re spending lots of time with witnesses and trying to really understand what they’re saying.”.

Marketing 248
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

RILA On How United States Retailers Are Responding To Changing Privacy Rules

PYMNTS

Retailers are dutifully speaking with their payment service providers (PSPs) and industry partners to adhere to these shifts, but they must also keep their customers’ experiences in mind. retailer trade group, Retail Industry Leaders Association ( RILA ), told PYMNTS in a recent interview. Retailers And Data’s Role .

article thumbnail

Ascena Retail Group Considers Bankruptcy Filing

PYMNTS

With the pandemic putting its business into a state of disorder, Lane Bryant and Ann Taylor owner Ascena Retail Group is reportedly in talks with lenders about a possible bankruptcy filing. Most of the roughly 2,800 retail locations of Ascena are still shuttered. The retailer foresees closing approximately 230 of 687 stores.

Groups 179
article thumbnail

Western Union CFO On Q2 And The New-To-WU Consumers’ Big Digital Shift

PYMNTS

This is not a shift because this digital growth isn’t coming at the expense of our retail business so much as it is about getting new customers to the category and other customers from other parts of the remittance market, like banks and other digital financial services providers.”. Earnings likewise fell sharply to $161.9

article thumbnail

New Report: Helping Retail Treasurers Navigate The Digital D2C Shift

PYMNTS

Corporates cannot expect to weather the economic and social changes taking place by virtue of their market clout and mastery of traditional supply chains and distribution channels. This environment requires enterprise-scale companies to forge new digital paths to market and form more direct relationships with consumers and end-users.

Retail 216
article thumbnail

How Clandestina (Literally) Snuck Into The US Market

PYMNTS

There are many, many retailers and brands trying to outfit the world, and standing out in the crowd is difficult. It is mostly impossible to manufacture goods in Cuba and send them directly to the United States due to the strained diplomatic relations between the two countries. Frenzy manages printing, packing and shipping.

Marketing 198