Sku news and trends

CarParts.com CEO Says Data Horsepower Will Drive Disruption in the Auto Aftermarket

May 04, 2023
Triple and Banyan Partner to Enable Item-Level Card-Linked Offers
Loyalty & Rewards // April 20, 2023

Triple and Banyan have partnered to enable item-level card-linked offers. With this collaboration, Triple’s card-linked offer platform will integrate Banyan’s stock keeping unit (SKU) data capabilities, the companies said in a Thursday (April 20) press release. This combination will allow banks and retailers using Triple’s...

For Amazon and Walmart, It’s a Battle of Price, Convenience and the Right Stuff
Retail // February 24, 2023

The battle between the top two retailers has never been more digital, and by all accounts, that shift will only increase. “If you look at our eCommerce business today, it’s an $80 billion business and still growing,” Walmart Chief Financial Officer John Rainey told investors...

Banks Use Receipt Data to Drive More Targeted Sales to Merchants
Digital-First Banking // January 26, 2023

Using data from receipts to personalize loyalty programs has great potential rewards for merchants, so long as they partner with financial firms ready for the task.  Item-level receipt data provided by the right financial institution (FI) or FinTech can be a valuable merchant tool for...

Item-Level Data Gets Ready to Remake Loyalty and Personal Financial Management
Data // December 13, 2022

Item-level data is poised to bring a new level of impact and relevance to card-linked offers. The status quo of listing purchases as “general merchandise” is getting a reboot with SKU-level data that gives a far better portrait of the consumer to retailers, enabling more...

Interviews & Exclusives
CarParts.com CEO Says Data Horsepower Will Drive Disruption in the Auto Aftermarket

May 04, 2023
When the CV joint on your used car finally breaks, your first thought isn’t how data science and optimized supply chain figure into that repair. But they do, by ensuring that part is readily available and affordable, as the calculus of pouring money into used cars is emotional. The combination of a data-driven operation that […]

Banks Use Receipt Data to Drive More Targeted Sales to Merchants

January 26, 2023
Using data from receipts to personalize loyalty programs has great potential rewards for merchants, so long as they partner with financial firms ready for the task.  Item-level receipt data provided...

Item-Level Data Gets Ready to Remake Loyalty and Personal Financial Management

December 13, 2022
Item-level data is poised to bring a new level of impact and relevance to card-linked offers. The status quo of listing purchases as “general merchandise” is getting a reboot with...

Item-Level Data Helps Gen Zs Build Financial Literacy While Saving Money

November 08, 2022
Inflation is at multi-decade highs, forcing us to scrutinize where every dollar is going and how to stretch those dollars as far as possible. In the meantime, we’re fine-tuning the...

Quick Reads
Triple and Banyan Partner to Enable Item-Level Card-Linked Offers

April 20, 2023
Triple and Banyan have partnered to enable item-level card-linked offers. With this collaboration, Triple’s card-linked offer platform will integrate Banyan’s stock keeping unit (SKU) data capabilities, the companies said in a Thursday (April 20) press release. This combination will allow banks and retailers using Triple’s platform to benefit from enhanced reporting and more targeted offer […]

Banyan Raises $43M to Grow Its SKU Data Network

October 20, 2022
Stock keeping unit (SKU)-level receipt data infrastructure startup Banyan raised $43 million to scale its technology and infrastructure to advance its network that enables retailers, banks and FinTechs to leverage...

Pertinent Data Can Drive Improved Card-Linked Offers

July 11, 2022
Receipt- and SKU-level data can help make card-linked offers more relevant to consumers, but increased merchant participation is needed, Jehan Luth, CEO at data platform Banyan, told PYMNTS’ Karen Webster....

Former Mastercard Worldwide SVP Andrea Gilman Joins Banyan as Chief Marketing Officer

May 02, 2022
Andrea Gilman, a former Mastercard executive with decades of experience with product management and marketing, will now be working with infrastructure company Banyan as its chief marketing officer, according to...