Swiss bank Credit Suisse said it plans to invest heavily into its digital ecosystem, and that it doesn’t think it’s necessary to have a large number of branches to compete with other banks, according to a report by Reuters. Get the Full Story Complete the...
With the recent global explosion in skincare and wellness products, there are all kinds of stories of how various entrepreneurs wound their way into the market. Some found themselves on foreign shores and unable to find the products they wanted, and so resolved to bring them...
Pretty much everyone needs medicine at one or another, and that need is helping to drive retail innovation and attempts at disruption in the pharmacy business. Those moves come amid more pressure on brick-and-mortar pharmacy operations. The latest evidence of that comes from Walgreens. After...
To provide men’s personal care items that feel like premium brands at accessible price points, eCommerce innovators are building product lines through the direct-to-consumer (DTC) model. Take Huron, which sells body wash, face lotion and face wash through its website. Founder Matt Mullenax was inspired...
With Series B funding, outfit-based shopping recommendation startup Stylitics has raised $15 million. The company was first known for a mobile app called ClosetSpace that offered outfit recommendations and inspiration to shoppers, according to reports. Get the Full Story Complete the form to unlock this...
As part of its standard plan, Disney’s new Disney+ streaming service will offer high-quality content streaming with its $6.99-per-month basic offering. The news could put more pressure on streaming rivals like Netflix, which reportedly does not offer high-definition streaming with its $8.99-per-month basic tier offering,...
Sixty percent of millennials like using visual searches when shopping online marketplaces. Meeting that "look, buy, have" way of shopping means using AI to optimize those retail platforms for visual search, as Lihi Pinto Fryman, co-founder of visual AI company Syte, told PYMNTS. In the...
Much has been written about artificial intelligence (AI) as the driver of tools for fraud detection and security. What else can it do, though, especially for online marketplaces? AI is being increasingly focused on visual search and personalization, as this article explains with examples.
Traditional data warehousing is slow – and doesn’t let companies access information they need in real time, which is critical in the fight against fraud. Incorta CEO Osama Elkady tells PYMNTS that Direct Data Mapping can help firms shave weeks off of critical decision making,...
