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Regulation is Coming to POS Finance: Why Responsible Lending Will Benefit Retailers

Retail TouchPoints

As economic pressures and living costs surge, more people than ever are considering using point-of-service (POS) finance — such as buy now, pay later and installment loans — to manage their cashflow. Old corporate-driven models of offering consumer credit are becoming outdated, leaving modern POS finance solutions the clear frontrunners.

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Lightspeed POS Continues Global Expansion with Acquisition of Vend

Retail TouchPoints

Lightspeed POS , a provider of cloud-based, omnichannel commerce platforms, will acquire cloud-based retail management software company Vend for approximately $350 million. The deal is expected to close at the end of April 2021, subject to customary closing conditions, with Lightspeed paying approximately $192.5

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JD Sports Powers Digital Transformation to Spur Growth in Canada

Retail TouchPoints

JD Sports , a global retailer with more than 3,000 stores worldwide, has adopted a suite of solutions designed to boost its growth in Canada, a market the retailer entered in 2021. includes cloud technology solutions with rich mobile functionality for omnichannel, POS, merchandising, ERP, warehouse management, analytics and loss prevention.

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Shopify Invests in Wholesale Marketplace Faire, Expands Reach into B2B Ecommerce

Retail TouchPoints

The partners first teamed up in 2021 with a Shopify integration on the Faire platform that allowed brands to sync their inventory and orders across the two platforms.

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Data Will be Key to Retail Success in 2021

Retail TouchPoints

Even with new vaccines potentially coming on the market in the months ahead, it’s likely the trends we’ve seen in 2020 will continue into 2021. Real-time data is the key for 2021. With that in mind, here are three predictions for retailers in the coming year. One such area where on-demand data can help retailers is inventory.

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Future Of Cloud-Based POS

Korona

Among other reasons, the rising trends of online shopping, contactless payments, QR code use, click-and-collect, increased software integrations, and a stronger reliance on data are expected to strengthen the cloud POS market through the foreseeable future. The global cloud POS market is expected to reach $9 billion by 2026.

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How Monos Unlocked $8M with their Loyalty Retention Strategy

Smile.io

With a hospitality background, Mike learned how to build Shopify websites and eventually joined the Monos team in December 2021.  “We had to slowly scale because we grew about 500% between 2021 and today, so quite fast.”  and Shopify POS integration. on our POS system. and Shopify POS integration.

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