With roughly 30 million Americans with at least one debt in collections according to the Federal Reserve, the Consumer Financial Protection Bureau (CFPB) is looking at new rules to regulate how third-party debt collectors contact debtors. New regulations could reduce the use of pestering phone ...
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Disruptive Technologies
Disruptive Technologies
When it comes to delivering products by drone, Walmart and Amazon are going head-to-head in what many believe is the future of fast deliveries for online shoppers. According to BDO, Walmart filed 97 new drone patents with the World Intellectual Property Organization (WIPO) since July ...
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Facebook unveiled its plan for a new global digital currency called Libra and a financial system to change how money moves globally. It has the potential to transform how money is used around the world, how payments are made and could provide access to more ...
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It’s never a happy day when a 109-year-old retailer files for bankruptcy. That’s certainly the case with FTD as it files for Chapter 11 bankruptcy protection and begins to sell off its business assets, one bouquet at a time. A colorful history Founded in 1910 ...
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Amazon robotics help product picker Imagine working ten hours a day picking and packing products in an Amazon warehouse and fulfillment center. It’s labor-intensive, it’s hard physical work, and according to Reuters, Amazon plans to automate some of these processes at its many fulfillment facilities. ...
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Artificial intelligence (AI), including chatbots, is definitely on the horizon for retail in the future, according to a new Juniper Research report. The company predicts the global number of successful retail chatbot interactions will reach 22 billion by 2023, up from an estimated 2.6 billion ...
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Amazon fired another shot over the bow of the grocery business with the addition of 13 new cities now able to get home delivery service from its Whole Foods subsidiary. Now available in 88 US cities, Prime members can shop through Prime Now for thousands ...
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A study by Coresight Research and Celect estimates non-grocery retailers lost more than 12% of annual sales or more than $300 billion due to markdowns in 2018. Just 60% of inventory is sold at full price, according to the retail leaders surveyed. Competition and rapid ...
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A new PwC report says by 2022, “Open Banking” will provide a $9.2 billion (£7.2B) financial industry opportunity for fintech and other financial services disruptors in the UK. As many as 33 million UK customers are expected to sign up with the growing number of ...
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Walmart keeps finding new ways to challenge Amazon’s dominance of online shopping. The company announced a new in-store app that gives Walmart store associates and in-store customers access to the entire Walmart.com inventory. Order, Pay, Pickup or Delivery Is your nearby Walmart store sold out ...
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