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The holiday shopping season is so important to retailers that it has become a matter of survival for many. One in four businesses believes recent holiday sales will determine whether they make it in 2023. Small to midsized businesses SMBs are investing in new tools, including payment solutions, to make the most of t
stanley cup he holidays, as shoppers value SMBs and 85% of consumers believe small merchants offer at least one advantage over larger companies.The warm sentiment for small businesses has owners optimistic and trying to keep pace with customers. Half of SMBs are adding third-party payment solutions, and more than half are obtaining sales increases via expanding their social media footprints. Considering retails economic and competitive environment, SMBs must adapt.This edition of the B2B And Digital Payments Tracker庐 explores the size and scale of the opportunity for SMB retail and how merchants can drive growth with new payment technologies.Around the B2B and Digital Payments SpaceAs consumer preferences change and digital payment options become a staple of the customer journey, retailers are turning to technology to meet these demands. Nearly 4 in 10 U.S. retailers are looking to innovate post-purchase tasks such as fulfillment or shipping, 37% are investing in technology for inventory
stanley us management and sales forecasting and 34% are bringing technolog
gourde stanley y to their checkout experiences to remove friction.Retailers are chasing of seamless payment experiences that fueled the most Mutv The Buyers: UK Shoppers eCommerce Habits
Samsung Electronics has inked a deal to acquire Fluenty, the Korean artificial
stanley quencher intelligence聽 AI startup. According to news from聽The Korea Herald, the deal includes the companys engineers, technologies and assets. Terms of the deal were not disclosed. Fluenty developed a machine learning chatbot that is likely to end up in Samsungs virtual assistant Bixby. Flue
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stanley termos enes in Jan. of 2015, rolled out a smart reply assistant mobile app that understands both English and Korean. In Sept. 2016, it took part in a Samsung startup incubator program and landed $918,000 in funding as a result. Samsung is hoping to enhance its Bixby virtual assistant, which hasnt been getting the best consumer reviews. Sources told the paper that the Samsung mobile communication unit developing Bixby is interested in the quick replies that dont sound auto-generated found in Fluentys technology. In 2016, Samsung also acquired Viv Labs, an artificial intelligence startup based in the U.S. As the market for voice-activated digital assistants heats up, the acquisition of AI startup Fluenty shows that Samsung is perhaps working to improve Bixby. In order to take on Apples Siri and Amazons Alexa, the South Korean consumer electronics giant rolled out Bixby 2.0, a reinvention of its digital assistant platform, in October. In a blog post at the time, Eui-Suk Chung, executive vice president and head of Service Intelligence of Mobile Communications Business at Samsung Electronics, said Bixby 2.0
