Category: Customer Experience

AI unlocks 8% revenue boost in grocery e-commerce

Retailers leveraging AI-powered connected retail strategies can unlock an impressive 8% growth in e-commerce revenue, according to SymphonyAI’s latest grocery e-commerce study. The comprehensive analysis, based on 1.3 billion transactions from 72 million households over six months, highlights how advanced...

AI vs UI: which is the real revolution for user experience?

The term “AI revolution” has shifted from buzzword to reality in the last two years, inspiring technologists, businesses and customers with the possibilities. From chatbots that can reply to customer emails to algorithms that personalise shopping recommendations, AI is changing...

Activewear brand Fabletics chooses Klarna to offer flexible payments to customers across the U.S.

Global payments and shopping service Klanra is partnering with activewear retailer Fabletics to offer more flexible payment options to the retailer’s customers.The partnership enables Fabletics’ customers to choose between multiple payment options – Pay Now or split their purchase into...

U.S. retail growth driven by in-store shopping revival this holiday season

Holiday retail spending in the U.S. grew by 4.8% year over year, according to preliminary insights from Visa Consulting & Analytics’ (VCA) inaugural Retail Spend Monitor. The analysis, which covers a seven-week period beginning November 1, includes data from all...

Square partners with Sysco to revolutionise restaurant operations with time-saving tech

Payment solutions and business management tools technology firm Square has announced a strategic partnership with Sysco, a global food service distributor, alongside the launch of innovative features aimed at transforming restaurant operations. The collaboration brings Square’s intuitive technology to Sysco’s...

E-commerce shines bright as U.S. holiday spending climbs in 2024

Holiday retail sales in the U.S., excluding automotive purchases, rose by 3.8% from November 1 to December 24 compared to the same period in 2023, according to the latest Mastercard SpendingPulse report. The data shows a resilient consumer base fuelled...

SoundHound and Lucid bring generative AI to the driver’s seat

SoundHound AI has partnered with Lucid, an advanced electric vehicle creator, to launch the Lucid Assistant, a hands-free voice control system designed to make interacting with a vehicle as simple as having a conversation.The Lucid Assistant utilises SoundHound’s advanced Chat...

Tata Communications revolutionises customer interactions with Kaleyra AI

Tata Communications has introduced Kaleyra AI, an AI-powered suite designed to transform how businesses connect with customers. This portfolio aims to redefine engagement by providing advanced capabilities that transcend traditional communication tools and integrate with existing platforms like live agent...

Out-of-stocks push 66% of shoppers to competitors

Retailers risk losing more than 60% of their customers to competitors when items are out of stock, according to the AlixPartners 2024 Consumer Sentiment Index. The survey of 9,000 fashion consumers reveals unmet inventory expectations can drive shoppers elsewhere, highlighting...

Twelve Labs secures $30 million in funding for video AI innovations

Video understanding technology firm Twelve Labs has announced a $30 million funding round led by prominent investors, including Databricks, SK Telecom, Snowflake Ventures, and HubSpot Ventures. The investment reflects the increasing need for sophisticated video AI solutions across industries such...