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Retail stores will transform into an experience delivery center - Internet of Things #IoT will enable the key use cases to make it happen @Altimeter

Retail stores will transform into an experience delivery center - Internet of Things #IoT will enable the key use cases to make it happen @Altimeter | Payment | Scoop.it

IoT has paved the way for brands to use connected devices in their physical spaces too. Learn how location-based brands can invest in technology-rich locations that raise the bar for customer experience.


Via Farid Mheir
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Farid Mheir's curator insight, September 27, 2018 10:26 PM

WHY IT MATTERS: store of the future will focus on customer experience and technologies such as IOT are key enablers to make the enhanced experience seamless and complete. This research document classifies applications for IOT into 3 categories, track, intuit behaviour and deliver experience. I find this classification and the examples in the document very useful.

sales@thefutureof.report's curator insight, October 16, 2018 9:06 PM
Retail as an experience center
 
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Rescooped by Tuhin Islam from Technology in Business Today
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Why are Apple Pay, Starbucks’ app, and Samsung Pay so much more successful than other Mobile Wallet providers?

Why are Apple Pay, Starbucks’ app, and Samsung Pay so much more successful than other Mobile Wallet providers? | Payment | Scoop.it
A new report from BI Intelligence addresses how in-store mobile payments volume will grow through 2021, why that’s below past expectations, and what successful cases can teach other players in the space.

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How Word of Mouth Marketing Has Advanced the Venmo Money Sharing App

How Word of Mouth Marketing Has Advanced the Venmo Money Sharing App | Payment | Scoop.it
Find out how Venmo, a popular money sharing app, increased its brand awareness and created new users through word of mouth marketing.
Tuhin Islam's insight:
Word of mouth marketing is considered to be one of the most influential types of marketing strategies due to its impact on people’s decision making. Venmo, a money sharing app, has become increasingly popular through word of mouth marketing making peer-to-peer payments seamless.
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Future retail store may look more like a large vending machine or Sears counter : Walmart eyes pickup-only store in former Dominick’s HT @O_Laborne

Future retail store may look more like a large vending machine or Sears counter : Walmart eyes pickup-only store in former Dominick’s HT @O_Laborne | Payment | Scoop.it

Proposed facility part of push to boost online grocery fulfillment. Walmart representative said the concept marks a different grocery pickup approach and would represent its largest pickup-only site. The location also would be Walmart’s first stand-alone, drive-up grocery facility in Illinois. The building would have no customer access and house 41,700 square feet of inventory space. Signs would direct customers driving through the lot to one of three canopied pickup bays, where they would park in a designated space and have their groceries loaded into their vehicle. Customers would order their groceries as usual via the Walmart Grocery app or website and select a pickup time in one-hour windows. Pickup trips and parking spots would be coordinated to avoid congestion.


Via Farid Mheir
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Online grocery fulfilment? Can there be a Bangladesh version?
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Farid Mheir's curator insight, September 30, 2018 11:33 PM

WHY IT MATTERS: when Walmart gets into something, you should watch out. Here it seems they are exploring options for grocery fulfillment and delivery - as everyone is trying to figure out what will customer prefer and where to make money. But the solution feels like back to the future: the concept looks like a sears pickup counter from the old days! The article also mentions some delivery options being tested by Walmart including autonomous cars and crowdsourcing.

Rescooped by Tuhin Islam from Payments industry, digitalisation & leadership
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Tech Innovation in the Remittance Industry

Tech Innovation in the Remittance Industry | Payment | Scoop.it
This article from Lets Talk Payments talks about tech innovation in the remittance industry.
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This article will show you where tech innovation is happening – the baby steps.
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Rescooped by Tuhin Islam from Mobile Payments Innovation
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Cultural Adventures In Payment Systems – Part I

Cultural Adventures In Payment Systems – Part I | Payment | Scoop.it

by Jean-Louis Gassée - mondaynote.com

Payment systems and user behaviors have evolved over the past three decades. In this first of a two-part Monday Note, I offer a look at the obstacles and developments that preceded the Apple Pay launch.


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Faisal Omar's curator insight, December 1, 2014 3:20 AM

A very detailed analysis from a consumer perspective of the evolution of payment systems in the US.  Part 1 of 2 - long but insightful read.

Cédric PATCHANE's curator insight, December 1, 2014 1:27 PM

Un article intéressant pour en apprendre plus sur l'évolution des systèmes de paiement jusqu'au paiement par mobile qui est encore à ces débuts aujourd'hui.

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What Financial Services Advertisers Need to Do to Succeed on Facebook

What Financial Services Advertisers Need to Do to Succeed on Facebook | Payment | Scoop.it
Financial Services Buys into the Digital Ad Space
Over the years, digital advertising and the financial services industry have grown closer and closer together.
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Ditch your wallet now: NFC mobile payments explained | Stuff

Ditch your wallet now: NFC mobile payments explained | Stuff | Payment | Scoop.it

Despite being available in the UK since 2011, NFC mobile payments – in which you wave your mobile phone above a terminal to pay for something – are still something of a mystery to most of us.


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Why Should New Payment Entrepreneurs Focus On Proximity Payments? - Lets Talk Payments

Why Should New Payment Entrepreneurs Focus On Proximity Payments? - Lets Talk Payments | Payment | Scoop.it

This article talks about new payment Entrepreneurs focus on Proximity Payments


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Faisal Omar's curator insight, April 25, 2015 2:24 AM

Given that e-commerce still makes up only a small portion of total sales in different segments, there is an urgent need to be able to translate this opportunity to either mobile or digital channels innovations.   Remote payments are perfectly placed for mobile initiated transactions.

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M-Commerce in the UAE (Infographic)

M-Commerce in the UAE (Infographic) | Payment | Scoop.it

PayPal has revealed the UAE to be the country with the world's second largest smartphone market.


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Faisal Omar's curator insight, February 22, 2015 12:09 PM
The UAE is perfectly positioned to be the launchpad for many mobile startups and commerce ventures. Get in early to ride the wave!
Andreas Tsindos's curator insight, February 22, 2015 1:04 PM

Now is the time for UAE to become really "Smart" in this field!

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Payment Systems Adventures – Part II: Counting Friends And Foes

Payment Systems Adventures – Part II: Counting Friends And Foes | Payment | Scoop.it

by Jean-Louis Gassée

It’s still too early to tell if Apple Pay will square the circle and emerge as a payment system that’s more secure, more convenient, and is widely accepted. MCX, a competing solution that faces more challenges than Apple Pay, helps shed light on the problem.


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Faisal Omar's curator insight, December 1, 2014 3:24 AM

Part 2 of my previous post.  More details post-Apple Pay and its acceptance by US consumers.  Some interesting use cases on the MCX rollout as well.

Rescooped by Tuhin Islam from WHY IT MATTERS: Digital Transformation
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The Future of Retail by @trendWatching provides an overview of what new #retail shopping experiences look like - and the #technology you need behind HT @competia

The Future of Retail by @trendWatching provides an overview of what new #retail shopping experiences look like - and the #technology you need behind HT @competia | Payment | Scoop.it

The future of retail by Trendwatching: "Because while consumers may not care about the future of retail, they’re still busy creating that future. They’re fueled by a set of unchanging human needs. And their expectations never stand still. They want greater convenience. They want better value. They want excitement, meaning, status, relevance, authenticity, social connection and more."


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Farid Mheir's curator insight, November 13, 2018 7:58 PM

WHY IT MATTERS: retail is being disrupted and nobody knows what to do, what works and what doesn't. Here's a run down of 9 trends to help you sort it out.

FredDrz's curator insight, November 21, 2018 8:13 PM

WHY IT MATTERS: retail is being disrupted and nobody knows what to do, what works and what doesn't. Here's a run down of 9 trends to help you sort it out.

Rescooped by Tuhin Islam from Technology in Business Today
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5 Technologies that will change the way you Shop

5 Technologies that will change the way you Shop | Payment | Scoop.it
5 Technologies that will change the way you ShopRetail shopping will change more in the next 10 years than it has in the last 1000 years. These are 5 pieces of technology that will change the way you shop.

Via TechinBiz
Tuhin Islam's insight:
Technologies that will change the way you shop will change more in the next 10 years than it has in the last 1000 years.
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C Dietz's curator insight, September 14, 2018 4:43 PM
Let's see which of these have success.  Your thoughts?
Brian Benton's curator insight, September 14, 2018 6:37 PM
5 Technologies that will change the way you Shop
Shala Wedikom's curator insight, September 27, 2018 9:08 PM

https://goldenskyonlinepharmacy.online/product/buy-trazodone-online/

Rescooped by Tuhin Islam from WHY IT MATTERS: Digital Transformation
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Retail stores will transform into an experience delivery center - Internet of Things #IoT will enable the key use cases to make it happen @Altimeter

Retail stores will transform into an experience delivery center - Internet of Things #IoT will enable the key use cases to make it happen @Altimeter | Payment | Scoop.it

IoT has paved the way for brands to use connected devices in their physical spaces too. Learn how location-based brands can invest in technology-rich locations that raise the bar for customer experience.


Via Farid Mheir
Tuhin Islam's insight:
Share your insight
more...
Farid Mheir's curator insight, September 27, 2018 10:26 PM

WHY IT MATTERS: store of the future will focus on customer experience and technologies such as IOT are key enablers to make the enhanced experience seamless and complete. This research document classifies applications for IOT into 3 categories, track, intuit behaviour and deliver experience. I find this classification and the examples in the document very useful.

sales@thefutureof.report's curator insight, October 16, 2018 9:06 PM
Retail as an experience center
 
Rescooped by Tuhin Islam from Payments industry, digitalisation & leadership
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The ‘Socialization’ of Financial Services

The ‘Socialization’ of Financial Services | Payment | Scoop.it
In this article, Let's Talk Payments provides insights on the role of social channels in transforming financial services industry and commerce.
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2016 Financial Services Trends

2016 Financial Services Trends | Payment | Scoop.it
FinTech startups are disrupting the financial-services industry. To respond effectively, incumbents must create new business ecosystems.
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Top 7 third-party mobile payment services in China[1]- Chinadaily.com.cn

Top 7 third-party mobile payment services in China[1]- Chinadaily.com.cn | Payment | Scoop.it
With Apple Pay entering China, the third-party mobile payment arena is getting more crowded in the world's largest smartphone market. Here are some of the players that have been trying to grab a piece of the growing pie in the promising land.
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Rescooped by Tuhin Islam from Mobile Payments Innovation
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Ditch your wallet now: NFC mobile payments explained | Stuff

Ditch your wallet now: NFC mobile payments explained | Stuff | Payment | Scoop.it
Despite being available in the UK since 2011, NFC mobile payments – in which you wave your mobile phone above a terminal to pay for something – are still something of a mystery to most of us.
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Rescooped by Tuhin Islam from Mobile Payments Innovation
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A complete guide to mobile wallets: Ten things you need to know

A complete guide to mobile wallets: Ten things you need to know | Payment | Scoop.it

Mobile wallets can be complex. Learn everything you need to know about the mobile wallet with this complete guide to mobile wallets.


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Faisal Omar's curator insight, May 5, 2015 1:18 AM
Mobile wallets is often a term that is used loosely and is ambiguous to say the least. nice breakdown of what it really represents in this article.
Rescooped by Tuhin Islam from Mobile Payments Innovation
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Soon, You Won't Need A Bank -- Just The Services Provided By These Startups

Soon, You Won't Need A Bank  --  Just The Services Provided By These Startups | Payment | Scoop.it
There’s a theory among startup investors that one good way for an entrepreneur to come up with an idea for a startup is to look at all the services big, successful, older companies provide and then build a company around doing just one of them.

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Faisal Omar's curator insight, December 1, 2014 4:36 AM

Fintech startups are a result of "bank disaggregation" just like how media has been unbundled into various verticals for content, classifieds and curation.  Very nice diagram which shows how core banking functions are being dissected by startups to provide value to consumers.

Nick van Breda's curator insight, December 2, 2014 10:15 AM

What happens if every service in finance gets replaced by startups that do it more transparant?

Rescooped by Tuhin Islam from Mobile Payments Innovation
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Cultural Adventures In Payment Systems – Part I

Cultural Adventures In Payment Systems – Part I | Payment | Scoop.it

by Jean-Louis Gassée - mondaynote.com

Payment systems and user behaviors have evolved over the past three decades. In this first of a two-part Monday Note, I offer a look at the obstacles and developments that preceded the Apple Pay launch.


Via Faisal Omar
more...
Faisal Omar's curator insight, December 1, 2014 3:20 AM

A very detailed analysis from a consumer perspective of the evolution of payment systems in the US.  Part 1 of 2 - long but insightful read.

Cédric PATCHANE's curator insight, December 1, 2014 1:27 PM

Un article intéressant pour en apprendre plus sur l'évolution des systèmes de paiement jusqu'au paiement par mobile qui est encore à ces débuts aujourd'hui.