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Chase Plans Expansion In Top US Markets In 2019

PYMNTS

Chase has announced it is expanding its retail footprint into nine of the top American markets, as well as opening dozens of new locations in the greater Washington, D.C Chase said it will also open branches in locations close to major universities in Auburn, Alabama and Lincoln, Nebraska. area, Philadelphia and Boston.

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Mall Vacancies At Highest Level In Eight Years

PYMNTS

Some geographies are coping with the upheaval in retail better than others, as vacancies in U.S. Reis data indicates that the proportion of units sitting empty in some cities – with the inclusion of Birmingham, Alabama and Indianapolis, Indiana – is roughly four times higher than San Francisco, the Financial Times reported.

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Target Wants To Ramp Up Shipt Deliveries In The New Year

PYMNTS

It was one of the largest acquisitions at the time for the company, and it moved the retail giant closer to its goal of providing same-day delivery for all of its customers. Target currently provides same-day service for in about 200 markets through 46 states. Looking forward, Target wants to continue growing.

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Bank-FinTech Collaboration Tackles SMB Finance Friction

PYMNTS

In a statement , HSBC Bank USA Head of Retail Business Banking Shaun McDougall said fueling the SMB community is important to support the broader U.S. Such functionality allows the businesses to more easily track spending, separate business and personal expenses, and better manage their overall financial health," a press release stated.

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BBVA Compass Announces New CEO, Onur Genc

Fintech Labs Insights

At Garanti, Turkey’s largest bank by market cap at $9 billion, Genç (pictured) was in charge of retail banking, private banking, and asset management. Previous to his tenure at BBVA Compass, Onur Genç was a senior partner and Turkey office manager at McKinsey & Company. BBVA announced this week that U.S.

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Playing Chess With Amazon: Target’s Competitive Strategy

PYMNTS

That is, can several small deliveries serve a store better than one big truckload — even when the store is playing dual roles as a physical retail distribution space and a fulfillment center for digital orders? Can the same logic be applied to shipments? Bricks In The Wall.

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Fizzle Of The Week: The Cannabis Payments Conundrum

PYMNTS

How exactly it helps the IRS count and manage all that cash is something of a mystery. Alibaba’s Singles’ Day : A sizzle as the eCommerce retailer beat its previous record and logged $30.8 card network to gain access into this huge market, in tandem with Chinese JV partner LianLian Group. billion seen last year.

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