Bank Innovation

FEBRUARY 9, 2020

“Patents are not always about excluding others from using [the technology]; oftentimes, patents are […]. In 2019, company obtained 418 patents, a 31% increase over the prior year. According to the bank, patents protect the bank’s tech investments.

America 369

America Technology Company Innovation Strategies 369

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.

Technology 244

Technology Management San Francisco Retail 244

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.

Retail 295

Retail Branding Minneapolis Trends 295

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.”.

Retail 277

Retail Innovation Video Chicago 277

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. Not Just Walmart. Not Just Walmart.

Retail 272

Retail Trends Technology Operations 272

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. Cognira Rolls Out AI Promotion Suite For Retailers. Cognira, the retail artificial intelligence technology firm, has launched its AI Promotion Solution.

Retail 239

Retail Google Capital Branding 239

Perficient

JANUARY 5, 2021

Here are some reasons why retailers were so successful this past holiday shopping period: Preparation at its Finest. Enabling inventory visibility and optimization, and scaling across fulfillment centers helped these retailers to address the surge in online demand and scale appropriately to enhance system performance.

Online 508

Online Retail Trends Technology 508

Accenture: Banking

OCTOBER 14, 2024

In October 2024, Apple is set to open its NFC (Near-Field Communication) technology using the Secure Element (SE) to third-party platforms, ushering in a new era of competition and innovation in digital wallets.

Apple 195

Apple Innovation Retail Fintech 195

Perficient

FEBRUARY 9, 2021

Omnichannel fulfillment methods such as curbside, buy-online, pick-up in-store (BOPIS), and ship-from-store have become extremely familiar to retailers, especially due to the climate of the COVID-19 pandemic. Geofencing prepares retailers for the customer’s arrival and allows for seamless and quick interactions between retailer and customer.

Retail 506

Retail Customer Experience Strategy Maine 506

Perficient

DECEMBER 10, 2020

Perficient is excited to present Retail Roundtable: A Year of Change in E-commerce and Supply Chain with the Dallas Business Journal. With that, our shopping habits have changed, altering the ways retailers are doing business. However, many retailers only had mere weeks to ramp up programs to support these new shopping habits.

Retail 322

Retail Dallas US System 322

PYMNTS

AUGUST 5, 2020

In retail technology, Yotpo is helping brands capture the digital shift by making a compressed marketing stack for online shopping. Social shopping is the newest hot trend fueled by the pandemic, as new startups are emerging and established brands such as Macy’s are catching up to capture this area.

Retail 263

Retail Payments Google Branding 263

Payments Dive

MAY 16, 2019

In fact, the cashless technology serves to improve both cashless and cash activity, particularly for machines doing lower volume sales. Research confirms that cashless readers do not undermine cash sales in a vending machine.

Retail 360

Retail Payments Technology 360

PYMNTS

DECEMBER 15, 2020

Goldfarb brought up GoDaddy's acquisition of Sellbrite , whose technology helped to plug businesses into digital markets or social media, as an example of helping SMBs get ahead online. He said a business could do both, and that they didn't have to be competitors.

Technology 337

Technology Payments social media Software 337

Payments Dive

JULY 24, 2020

US Bank is deploying natural language processing and AI-based technology to move more of its retail banking business onto the mobile banking app.

US 436

US Digital Banking Retail Mobile 436

Perficient

OCTOBER 20, 2020

Having the most updated platform and technology stack possible is extremely important to take on holiday traffic. Your business’s technology infrastructure will need to be scalable to measure the surge of holiday sales, such as Black Friday where orders and online traffic will peak. Move Retail Stores Online.

Online 484

Online Mobile Management Retail 484

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.

Arizona 267

Arizona Technology California Community 267

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.

Technology 257

Technology Samsung Mobile United States 257

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.

Retail 267

Retail Apple Branding Marketing 267

Payments Dive

MAY 11, 2023

This is the second convenience store chain to install the palm-scanning technology, which is also being used in sports arenas and Amazon’s own brick-and-mortar retail locations.

Retail 370

Retail Technology 370

Payments Dive

MAY 19, 2022

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

Tools 243

Tools Retail Technology Company 243

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?

Google 345

Google blockchain Retail Technology 345

Perficient

NOVEMBER 13, 2020

The New Wave report differs from the independent research firm’s traditional Forrester Wave report in the way that it only assesses emerging technologies (such as computer vision). From augmented reality games to self-driving cars to Apple’s Facial Unlock feature , it has deeply impacted our lives. Your Computer Vision Provider. Learn More.

Report 508

Report Strategy Video Technology 508

Chris Skinner

JUNE 2, 2020

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. The end of main street is nigh.

Maine 484

Maine Retail Technology 484

Payments Dive

DECEMBER 6, 2022

The retail giant is serving as a technology vendor to an independent grocer reopening soon in Kansas City, Missouri.

Kansas City 326

Kansas City Missouri Kansas US 326

Perficient

JANUARY 27, 2021

Chris Bernard, VP of UX and Design, CDK Global is an executive focused on design, technology and strategy based in Chicago. Chris has 15+ years as a leader applying design thinking principles to organizational change, entrepreneurship, emerging technology, digital transformation, devices, software, and technical platforms.

Digital Strategies 443

Digital Strategies UX Strategy Chicago 443

Abrigo

MARCH 21, 2025

The latest CRA framework categorizes banks (CRA requirements are not extended to credit unions) into three tiers based on asset size, with differing compliance requirements: Small banks (assets under $600 million) Can opt-in to the new CRA tests or remain on a streamlined lending test that focuses on retail activities.

Compliance 195

Compliance Strategy Data Lending 195

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.

Mobile 300

Mobile Data Technology Trends 300

Chris Skinner

AUGUST 5, 2019

I don’t blog about this much these days, as my audience is firmly in the retail and payments technology space, but I still keep close track of the investment markets, clearing and settlement, … The post How does MiFID II and FinTech work? appeared first on Chris Skinner's blog.

Fintech 318

Fintech Retail Marketing Technology 318

Perficient

JULY 20, 2020

Digital technology has been transforming the way consumers shop for more than a decade, but it is also transforming the way they buy, finance, and how – or even if – they use their vehicles. CX Strategy & Retail Innovation Summit | July 28th. Aftersales, Service & Parts Marketing, F&I Technology.

Customer Experience 526

Customer Experience Analytics Marketing Strategies Leadership 526

Payments Dive

APRIL 28, 2023

Standard AI CEO Jordan Fisher acknowledged that the technology has “been a really hard market to start growing,” but believes it will expand alongside other AI-driven innovations.

Retail 195

Retail Innovation Technology Marketing 195

PYMNTS

AUGUST 13, 2020

Retail has been among the sectors most dramatically impacted by the pandemic, though it’s impossible to paint the industry with a broad brush. With widespread furloughs and a growing wave of bankruptcies , many retailers were hit hard. “Flexibility and agility are the common factors among the retail winners,” said Orr.

Capital 277

Capital Retail Strategy Management 277

Chris Skinner

SEPTEMBER 16, 2019

I was recently asked by Volante Technologies to consider what being a digital bank means, specifically for a commercial bank and, even more specifically, the bank’s payments and treasury services.

Payments 311

Payments Digital Banking Retail Technology 311

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.

US 271

US Retail Policies Online 271

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. 97% : Share of consumers who will buy from a retailer again after having a positive returns experience. All this, Today in Data.

United States 261

United States Customer Experience Retail Data 261

PYMNTS

JANUARY 19, 2021

National Australia Bank (NAB) has chosen Eedenbull to integrate its payment and spend management technology for SMB customers. ICICI Adds AlignBooks Technology. India’s ICICI Bank is adding accounting technology from AlignBooks to strengthen its SMB services. National Australia Bank Chooses Eedenbull.

Fintech 341

Fintech National Groups Tools 341

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?

Customer Experience 538

Customer Experience Branding Video Online 538

Perficient

AUGUST 2, 2024

Imagine a world where your business can effortlessly keep pace with technological advancements and continuously changing customer expectations. The ability to swiftly develop new technology products and applications is crucial to staying competitive.

America 450

America Report Technology Software 450