05 June 2019

The Future of Retail Commerce - 7 Trends

Written By First Data is now Fiserv in Payments

The Future of Retail Commerce - 7 Trends

The digital transformation of retail is accelerating. Traditional commerce and technology are converging in transformative new ways.

Like many industries, retail faces tremendous competitive pressure from new entrants whose rapid success derives from technological developments that are changing end-user expectations and behaviour. Innovative companies can thrive under this pressure by viewing competition from technology less as an obstacle, and more as an opportunity.

While there’s no doubt that the rise of online commerce has made it harder for traditional retailers to attract customers into stores, it’s also clear that in-store shopping is far from dead. There are certain qualities inherent to the in-store shopping experience that consumers don’t want to completely abandon as they remain loyal to the concepts of convenience and personalisation. This is causing innovative retailers to turn to disruptive technologies to keep customers happy and to ensure that brick and mortar shopping is at the forefront of the new consumer experience.

In this e-book First Data explore seven key trends in the digitalisation of Retail.

Up Next ...
04 November 2024

Finance apps are in ‘need of improvement’, says a quarter of Brits

A recent survey by UK mobile specialists Apadmi reveals that ...

04 November 2024

Barclays acquires Tesco Bank

Barclays Bank UK PLC has completed the acquisition of Tesco ...

04 November 2024

fundcraft Increases Series A to €11 Million Demonstrating Strong Product-Market Fit

fundcraft has increased its Series A funding to €11 million, ...

01 November 2024

Mollie and Hyvä announce strategic partnership, launching Hyvä Commerce

Mollie, a leading financial service provider, has partnered with Hyvä, ...

More in Payments

Revolut launches Point-of-Sale product

20 March 2024

Revolut has rolled out a Point-of-Sale iPad application for businesses ...

Stripe passes $1trn in payments volume

14 March 2024

FinTech giant Stripe's total payment volume is up 25% from ...

Zodia Markets partners with Fireblocks

14 March 2024

Zodia Markets and Fireblocks join forces to transform corporate cross-border ...

Eleanor partners with Mangopay

12 March 2024

Hotel guest experience management platform Eleanor chooses Mangopay to provide ...

White Papers Payments

Crypto’s embedded finance future

12 January 2022

Cryptocurrencies and investments are more popular than ever. So what’s holding them back from even w...

Articles Payments

The European payments landscape in 2030

22 October 2021

Introducing Marqeta's new European payments report: The European Payments Landscape in 2030: Implant...

White Papers Payments

Make payment optimization a part of your core payment strategy

14 July 2021

According to the Federal Reserve Bank of San Francisco 62% of purchase transactions in 2018 came in...

Articles Payments

PSD2 SCA: How ready are issuers?

22 June 2021

The revised Payment Services Directive (PSD2) is now live in Europe and the biggest question on ever...

There are no Events in this category