Mobile checkout is getting a boost from one of the largest retailers, further evidence of the technology’s continuous move deeper into the consumer mainstream. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
In theory, a rewards program tied to customer loyalty is a totally logical acquisition tool. Customers prone to come in anyway are incented further with points (or stars, or cash back savings), which bring them in, which draws spend, which creates more points and rewards,...
For many entrepreneurs, their experiences tend to guide them toward a particular area. The Sock Spot CEO Ben Williams, for instance, worked for a manufacturer in eCommerce and decided to start his own online shopping company. He settled on selling socks because his wife wore...
With heightened competition in the off-price space, TJX Cos. reported comp sales and total revenue that came out below the estimates of analysts. The discount department store retailer’s net sales were $9.78 billion, which were below estimates of $9.90 billion, Chain Store Age reported. Get...
As restaurants lose interest in the company’s Gold Subscription program, food delivery startup Zomato is hitting roadblocks in India. The offering was meant to be a win-win for restaurant partners along with Zomato, according to reports. Get the Full Story Complete the form to unlock...
Challenger banks are pushing traditional banks to reboot their customer experience. In the latest Digital Banking Tracker, Jamie Warder, head of digital banking for KeyBank, explains how artificial intelligence (AI) and machine learning (ML) is helping them challenge the challengers.
In August of 2017 Ghana’s government announced that it was going to clean house in its financial services sector — particularly among lenders and second-level financial institutions. And by all accounts they were entirely serious, as it has been an expensive and comprehensive journey. So...
Banks are not just competing for customer engagement and retention — they are also vying for funding and resources as they overhaul their infrastructure and banking tools. The latest Digital Banking Tracker examines how legacy institutions stay competitive with challenger banks. Get the Full Story...
Austria’s major telecommunications firm A1 is now accepting payments in cryptocurrency as part of a pilot project, the company said in a recent blog post. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
