Nike To Rebuild Sluggish Sales With StitchFix And Amazon, Plus Home Depot's Big eCommerce Buy And Why Dollar General Is Winning Physical Retail.  | | | | | | | | | |  | | | Mobile Payments 2.0: Building Better Retail Experiences | | Mobile payments — the plastic card killers — have had years of hype building them up, but not much in the way of results to go with that hype. That is, until recently. Apple Pay has struggled to get above a 5 percent usage rate and it’s actually leading the mPay race. Despite only being about a year old, though, Walmart Pay boasts an adoption rate that already rivals Apple Pay’s — and a genuine enthusiasm quotient among its user base. So much enthusiasm, it seems, that Target has taking a lot of pages from Walmart's book as it rolls out its own wallet. So, how is retail taking mPay and making it relevant to consumers? Hint: It’s not about form factors, but also about faster, slicker commerce experiences. | | |
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| | | |  | | | Year In AI: Higher Education For Machines | | Once upon a time, artificial intelligence (AI) was an academic pursuit. Now it has become more attainable, though, and has been opened up for use by a variety of companies for a variety of purposes. 2017 has seen AI applied to fraud and security, identity verification, customer service and more, and it could be saving U.S. companies as much as $60 billion by 2020. AI is projected to add $8.3 trillion in economic activity for the U.S. by 2035. This trend is definitely building momentum in the payments space and adjacent industries, and these are some of the top developments of the past year. Read More... | |
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| |  | | | TRENDING: How Finish Line Makes Physical (Retail) Digital | | Many merchants watch what consumers do in the physical store and then reverse-engineer their omnichannel strategies using those learnings. In a conversation with PYMNTS, Finish Line’s senior vice president of brand and consumer experience, Mike Grimes, explains how the footwear and apparel retailer is using digital technology and information to track how its customers digitally engage with the brand to totally redesign its brick-and-mortar experience. Find that, plus headlines and a directory of 292 omnichannel developers, all inside the latest Omni Developer Report, powered by Vantiv. Read More... | |
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| | |  | | | How Touch Of Modern Modernized Global B2B Payments | | Jonathan Wu, co-founder and former chief operating officer for global eTailer Touch of Modern, didn’t choose the payments life. The payments life chose him, and it took lots of time away from sourcing unique products from around the world to sell to urban male consumers like himself. In a recent webinar with Karen Webster, Wu shared the top six lessons he learned on his cross-border payments journey, and what he believes is the single most important asset an international retailer can have. Read More... | |
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