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Walmart Pay Won’t Make a Dent in Card Usage, For Now

Bank Innovation

First announced in December 2015, the latest in the mobile wallet pipeline – Walmart Pay – is live as of yesterday to Walmart shoppers at 110 branches in Arkansas and a further 500 in Texas. The feature will be available in all stores “soon,” the company said. Card transactions carry Read More.

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June’s Top 12 Mobile Pay Moments

PYMNTS

And what better way to mark that milestone than with a monthly recap of the Top 12 news items in one major market in the payments ecosystem: mobile payments. Here’s what you may have missed this month from some of the top mobile pay players. And it’s got one major goal with this mobile payments play: loyalty.

Mobile 104
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The banks serving active duty personnel

Independent Banker

Under Larry Wilson’s leadership, First Arkansas Bank and Trust’s branch on the Little Rock Air Force Base was named the 2020 Air Force Bank of the Year. Borrowers apply online and can go from application to cash in their checking account in as little as four minutes. based HT Mobile Apps. Photo by: Dero Sanford.

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36 State Attorneys General settle with CarMax over non-disclosure of open safety recalls

CFPB Monitor

Any vehicles sold online, including through www.carmax.com or the CarMax mobile app, must also clearly and conspicuously disclose on the first page of the overall description of the vehicle or vehicle history report that the vehicle may be subject to an open recall for safety issues that have not been repaired.

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Why Voice Authentication’s Doing Prison Time

PYMNTS

However, recent news describing the use of voice-recognition technology to boost security and combat fraud behind bars — along with previous PYMNTS coverage about the spread of mobile transactions among prisoners — showed how those institutions could contribute to retail and payment advances in the outside world. Voice-Print Efforts.

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Retail Pulse: Walmart Tests ‘Great Workplace,’ Sainsbury’s Opens Cashierless Store

PYMNTS

The move comes the company is investing in refurbishing stores, rolling out faster shipping for eCommerce orders and offering store pickup as well as online grocery delivery. The paper also reported that the impetus of the move wasn’t cost savings, but meeting changing online shopping habits as well as staff demands.

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Walmart Bot Strategy Is Not To Use Them

PYMNTS

Online shoppers will be able to pick up their orders at in-store automated pickup towers or at pickup stations in store parking lots. Walmart has launched a new test in which employees drop off online orders at the homes of customers who live along their commute. This last-mile innovation cuts down on shipping time and costs.

Strategy 109