Author: Retailist Magazine

Major credit bureaus Equifax, Experian, and Transunion have announced they will be including BNPL loans on credit reports. This shift comes at an inopportune time for online retailers, as ecommerce is already slowing down – in part due to inflation, and in part due to the fact that it can’t fully replace the ability to see and try items in person.

As retail evolves from using “just in time” demand fulfillment to “on demand” fulfillment, where a growing number of purchases are made online or via apps, 3D printing further gains in relevance.

Gen Z’s spend an average of eight hours on the Internet daily, giving brands many opportunities to interact with their prospective customers. But, Gen Z is a savvy demographic where traditional marketing does not work.

The future of cash back is for everyone. There is a democratization of rewards bringing high end reward products, like reward cards and reward programs, available to everyone. You no longer have to have a Sapphire or Gold card to get perks and rewards anymore.

By implementing technologies like ZeroShotBot, business leaders can rest easy knowing that the bulk of their customer service is handled automatically, while also reaping the benefits of freed up resources, time, capital and staff that come as a result.

Thanks to machine learning, we’ve gained insights to help retailers stay a step ahead of fraud and deliver frictionless shopping in the new year.