Retail TouchPoints

AUGUST 14, 2023

While autonomous stores and technological innovation are high on the retail agenda, the infrastructure and operational efforts that enable them aren’t often given the same broad attention. Grocery retail is rooted in a traditional brick-and-mortar business model, with many longstanding and comprehensive internal processes.

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Payment Services Checkout Inventory Management Grocer 218

365 Retail

MAY 17, 2022

Axerve, Payment Partner to Grow, specialising in creating accessible and frictionless payment solutions for Ecommerce and physical sales, today announces the release of a new white paper, ‘ New technologies and trends in digital payments in 2022 ’. Payment orchestration is a key tool for managing this increased complexity.

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Merchant Services Payment Services Customer Experience Checkout 105

Retail TouchPoints

OCTOBER 21, 2022

That inherent distaste for the transaction phase is one reason payment companies are so eager to expand into other parts of the shopper journey. Embedded finance has become big business: McKinsey estimated that the sector reached $20 billion in revenue in the U.S. Denise Leonhard, VP and GM, Venmo.

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Merchant Services Payment Services Checkout Finance 320

Retail TouchPoints

SEPTEMBER 9, 2022

While many have seen the words “Web 3.0,” “blockchain” and even NFTs in the headlines, there is still more to learn about these topics and the overall decentralized finance (DeFi) space. The agenda is designed to hit on all the core issues surrounding this space, from cybersecurity to finance and customer experience.

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Finance Customer Experience Payment Services Consumer 277

Inside Retail

OCTOBER 13, 2021

Options such as buy now, pay later (BNPL) services were first introduced to business to consumer (B2C) transactions, giving customers the ability to access products and services they need today while paying at a later date or over a series of instalments. . Transform your B2B transactions with better payment technology.

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Payment Services Finance Customer Experience Wholesale 355

Inside Retail

NOVEMBER 4, 2021

Buy now pay later (BNPL) services have quickly become commonplace for consumers. Offering people the ability to spread out their payments for goods and services across regular intervals enables consumers to better manage their own cash flow. Shift the financial risk with third-party business finance.

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Retail TouchPoints

APRIL 5, 2023

So far, this payment method has made it easy for millions to purchase nice-to-have items such as the latest iPhone, trendy sofas, designer handbags and stylish clothes without paying in full upfront. However, hidden fees and late payment penalties can seriously damage consumers’ financial well-being as they can easily rack up massive debt.

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Merchant Services Payment Services Finance Consumer 261

A1 Retail

MARCH 29, 2023

Tom Pope, Head of Payments and Platforms at Tink talks to A1 Retail about how retailers can overcome the refund conundrum with payment solutions. If we dive into this deeper, returns are identified as one of the most considerable drains on business operations. It’s a clear win-win situation for all.

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Payment Services Returns Finance Customer Experience 98

Small Biz Trends

DECEMBER 6, 2022

A point-of-sale system is one of the best tools for small businesses looking to accept payments. Point-of-sale systems enable business owners to be more agile with their payment processing and forego using the cash drawer. A point of sale (POS) system is used to accept payments, like a cash register. Brilliant POS.

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Point of Sale Payment Services Merchant Services Inventory Management 115

Mulesoft

NOVEMBER 9, 2022

In typical Money20/20 fashion, topics such as payments networks, open banking, digital disruption, fintech innovation, embedded finance, customer experiences, […]. The post MuleSoft at Money20/20: Automation, Payments, and CIO Insights – A Recap first appeared on MuleSoft Blog.

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Payment Services Finance ATS Fashion 105

Retail TouchPoints

JULY 8, 2022

For shoppers, BNPL is a seamless payment method that helps break up their purchases into several installments, bringing more cash flow and budgeting flexibility. Say Farewell to Cart Abandonment, Welcome Loyal Customers. Customers see prices at two critical junctures in the buying process: when they visit a product page and check out.

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Merchant Services Payment Services Point of Sale Checkout 254

Nvidia

DECEMBER 8, 2021

From traditional banks to new fintechs, the financial services industry is powering use cases with AI such as preventing payments fraud, automating insurance claims, and accelerating trading strategies. Automating Insurance Claims and Document Processing. Automating Insurance Claims and Document Processing.

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Payment Services Returns Customer Experience Management 124

Retail TouchPoints

SEPTEMBER 6, 2022

They want shopping to be fast and fun — less of a process. That’s why Synchrony partnered with payments startup Skipify, which enables purchases instantly across email, text, social and other channels. This new way of shopping is a powerful retail trend toward simplifying, speeding and improving the online shopping experience.

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Merchant Services Payment Services Finance Shopping 265

Retail TouchPoints

MARCH 8, 2023

This means the way consumers shop has drastically changed as new financing options rise in popularity. In fact, research shows that BNPL payments surged by 85% during the week between Black Friday and Cyber Monday last year. Zero in on incentives that don’t reduce margins.

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Payment Services Finance Customer Experience Shipping 250

Retail Minded

MARCH 2, 2022

Some even perform critical tasks to complete the entire retail process. But can Robotic Process Automation (RPA) take retail automation to the next level? The retail industry has been employing RPA to smoothen its operations and gain growth momentum to overcome multiple problems. That’s where robotic process automation can help.

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Retail TouchPoints

FEBRUARY 1, 2023

Over the years the retailer has carved a unique space in the Hispanic market thanks to its unique approach to financing, in-store services and merchandising. Store associates are provided with the knowledge and autonomy to work with shoppers and offer financing solutions regardless of their credit history. population.

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Retail TouchPoints

MAY 28, 2021

Thoughts of poor customer service probably ring a bell in your own mind, and these opinions are hard to change — but there is hope. Customer service is changing rapidly to meet consumer behavior, providing smoother, more integrated experiences than ever before. Customer service plays a crucial role in brand image.

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Payment Services Customer Retention Customer Experience Marketing 164

Retail TouchPoints

APRIL 15, 2021

Signifyd has received $205 million in Series E growth equity financing that values the company at $1.34 The funding will be used to expand the Signifyd Commerce Protection Platform and identity graph globally across digital shopping and payments.

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Retail TouchPoints

APRIL 13, 2022

Many people in finance and retail considered 2021 the “year of the cryptocurrency.” Other retailers notice when leading industry players like Walmart or Circle K make a move, so many brands are now likely considering adding crypto payment options and Bitcoin ATMs to their stores. Understand regulations and security.

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Payment Services Finance Location Consumer 237

Nvidia

JANUARY 27, 2022

From the largest firms trading on Wall Street to banks providing customers with fraud protection to fintechs recommending best-fit products to consumers, AI is driving innovation across the financial services industry. Top Current AI Use Cases in Financial Services (Ranked by Industry Sector). Overcoming AI Challenges.

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Payment Services Planning Customer Experience Management 95

Retail TouchPoints

OCTOBER 18, 2023

Above and beyond these measures, the key to addressing the scale of these problems is having digital systems in place that will alert retailers and spot which SKUs are problematic, and which customers are causing a hit to profits. Customer data analysis: This can be carried out to detect potential networks of fraudsters working together.

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Retail TouchPoints

NOVEMBER 3, 2021

Sodipo most recently led Product Finance and Strategy at Stripe and will bring her expertise in payments to Glossier’s Accounting and Finance teams. She also will draw upon prior experience at roles in private equity firms to help the retailer continue scaling its business.

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Finance Payment Services Accounting Returns 258

Inside Retail

OCTOBER 19, 2021

Online shoppers want variety – and they want it for everything, including their payment options. Offering more payment methods has been shown to increase conversion rates on fashion websites, but many retailers are wary of accepting alternative payment methods as they come with new vulnerabilities and fraud challenges.

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Merchant Services Fashion Payment Services Checkout 147

A1 Retail

JANUARY 13, 2022

Company adopts a series of different open banking enabled products to maximise customer experience. Toolstation has today announced that it is partnering with Ecospend, a UK provider of open banking technology, to become one of the largest ecommerce sites to adopt ‘pay-by-bank’ technology as a payment alternative.

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Payment Services Accounting Finance Customer Experience 45

Storis

APRIL 18, 2024

While traditionally associated with industries like streaming services or meal delivery kits, subscription models are gaining traction in retail, including furniture stores. Membership programs require customers to pay to join, creating exclusivity. Access to member-only financing plans with attractive terms and interest rates.

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Payment Services Customer Retention Promotions Accounting 52

Retail Minded

MAY 17, 2022

Fortunately, various services can help keep your retail establishment afloat in stormy financial waters. One type of service that could be useful to small and mid-sized retailers is credit report services. What Are Credit Report Services? . To understand credit report services, it’s essential to know what it means.

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Merchant Services Payment Services Finance Management 52

Storis

APRIL 12, 2024

While traditionally associated with industries like streaming services or meal delivery kits, subscription models are gaining traction in retail, including furniture stores. Membership programs require customers to pay to join, creating exclusivity. Access to member-only financing plans with attractive terms and interest rates.

Payment Services 52

Payment Services Customer Retention Promotions Accounting 52

Inside Retail

JANUARY 5, 2023

Liquidity ‘burnt through’ Neil Saunders, MD at GlobalData, said the business has “burnt through” most of its liquidity and will need to raise further funds to continue operating. Despite a desperate attempt to shore up finances and improve the customer experience, sales continue to slump and losses continue to mount.

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Planning Payment Services Finance Customer Experience 130

Retail TouchPoints

AUGUST 14, 2020

This adds up to a new outlook on finances for Gen Zers who are already taking a more careful approach in how, when and where they spend. Like the Millennials who came before them, Gen Zers opt to spend on memory-making experiences over physical things. Double Down On Building An Integrated Mobile Experience .

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Merchant Services Shopping Payment Services Customer Experience 272

Cisco Retail

FEBRUARY 18, 2022

As retailers worked to manage all their discrete channels, the term “omni-channel” evolved to become synonymous with retailers who operated both online, E-commerce and other channels. Consumers demanded the ability to purchase online and return in-store, and retailers responded by putting processes in place that offered those options.

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Payment Services Fulfillment Returns Customer Retention 143

365 Retail

DECEMBER 2, 2022

Applying technology to financial services such as banking apps, investing platforms and credit services has helped make finance more accessible to millions of people all over the world. There’s now a clear link between the FinTech industry and retail, with payments being an important part of customer service.

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Payment Services Finance Customer Experience Consumer 52

Small Biz Trends

AUGUST 3, 2022

The USDA loan program is designed to help businesses in rural areas get the financing they need to grow and expand their operations. The interest rates on USDA industry loans are often lower than those of other financing options. Guild Mortgage offers some of the best financing options in the industry. CMG Financial.

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Payment Services Finance Location Customer Experience 59

365 Retail

JULY 2, 2023

By implementing strategic measures, these companies can streamline their operations, optimise resources, and reduce unnecessary expenses. From embracing technology advancements to optimising vehicle usage, these strategies can help taxi companies enhance their profitability while maintaining high-quality service.

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Payment Services Inventory Management Promotions Management 52

Storis

JANUARY 22, 2024

Retailers are also offering services within their spaces. Buy with Prime” enables Shopify merchants to use Amazon’s payment and fulfillment services. Amazon’s presence establishes trust for customers looking to purchase from lesser-known websites and increases revenue for all parties. Take Amazon and Shopify.

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Home Furnishings Payment Services Merchant Services Fulfillment 52

Inside Retail

MAY 19, 2021

In particular, he has been instrumental in ensuring the finance infrastructure is in place for overseas expansion. If you’re a global business, there are global customers – and those global customers don’t pay in Australian dollars.” – Peter Park. The purchase experience must be seamless. Think cashflow.

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Payment Services Accounting Wholesale Finance 130

Cisco Retail

JUNE 11, 2021

When the global pandemic first hit, businesses scrambled to get their workforce and operations back online. You will need to upgrade your infrastructure so that it can be scaled quickly to support a user experience that keeps employees productive and secure. What would have taken months, suddenly had to happen instantly.

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Payment Services Finance Planning Management 99

365 Retail

JULY 5, 2022

The Very Group, operator of multicategory digital retailers Very and Littlewoods, has appointed former president and CEO of Walmart Japan Lionel Desclée as group CEO. Before joining Walmart, Lionel spent three years as president and CEO of Tom & Co, which operates over 160 pet care stores in Belgium, Luxembourg and France.

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Payment Services Supermarket Finance Fulfillment 122