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Community Banks Debut FinTech Alliance

PYMNTS

To that end, news came earlier this week in the United States that a dozen community and regional banks have formed a group aimed at exploring the opportunities amid FinTech offerings. Arizona, which launched a “sandbox” earlier this year, said last week that there is a new participant in that FinTech-driven initiative.

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Uber Goes Autonomous For Uber Freight

PYMNTS

Uber Freight is finally launching its autonomous truck deliveries, with the first hauls driven in tandem with both human drivers and self-driving trucks being completed in Arizona. In August, the company announced it was expanding Uber Freight into new markets across the country, as well as introducing personalized load matching.

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Restaurant Business Serves Up Mixed Plate For 2020

PYMNTS

The restaurant business is: a) healthy for 2020 or b) apprehensive about technology. The 2020 outlook report from the National Restaurant Association was released today and it paints a picture of an industry dealing with the countercurrents of solid consumer spending and disruptive technology. All of the above.

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Nuro Raises $940M From SoftBank For Robotic Delivery

PYMNTS

Nuro, the robotics company operating in the commerce market, announced on Monday (Feb. This partnership gives us the opportunity to take the next step in realizing our vision for local commerce and the broad application of our technology.”. 11) that it has raised $940 million in financing from the SoftBank Vision Fund.

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The Bank Legacy Is Dead: Long Live the Fintech Collision

Gonzobanker

It’s been a long two years since bankers and investment bankers nationwide made their annual pilgrimage to the Arizona desert for the Acquire or Be Acquired conference – and ohhh man, a completely different world has emerged since the January 2020 get-together! An arms race in marketing and digital cannot be ignored.

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Retail Pulse: Stop & Shop To Deploy Autonomous Vehicles; Chico’s FAS Plans To Close 250 Stores

PYMNTS

Grocers are using autonomous vehicles to help bring fresh food to the doorsteps of consumers, and news came this week that another retailer plans to use the technology: Approximately one month after Kroger announced that it had started to use autonomous vehicles in Arizona, Stop & Shop is intending to use them in the Bay State.

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Alphabet Tracker: Waiting For Earnings, Waymo Grows Testing

PYMNTS

Now, all eyes are ahead once more for Alphabet’s upcoming Q1 earnings report slated for today after market close. This put Alphabet’s market cap well above $610 billion at the time. Waymo has not disclosed how many total vehicles will be operating in the region during the expanded public tests. billion for the quarter.

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