article thumbnail

US DOJ Charges 14 With $28M In PPP Fraud

PYMNTS

In Arkansas, a project manager employed by a major retailer has pleaded guilty to bank fraud charges for filing fraudulent bank loan applications seeking more than $8 million in PPP loans. Benjamin Hayford, 32, of Centerton, Arkansas, is scheduled to be sentenced on Nov.

Fraud 276
article thumbnail

Walmart’s New Subscription Service Aims To Compete With Amazon Prime

PYMNTS

And while Walmart claims a larger stake in the grocery business than Amazon, the long-standing Arkansas-based retailer fears that Amazon could encroach on that side of the market as people shift to digital during the pandemic. retail for quite some time, with Amazon steadily growing over the past several years.

Arkansas 190
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Walmart Partners With HomeValet On Smart Box Technology For Fresh Deliveries

PYMNTS

Retail giant Walmart is teaming up with delivery solutions startup HomeValet to launch a test pilot that would bring fresh groceries to people’s homes even if they’re not there. “If The smart box technology will provide the delivery driver with secure access to the box. Delivery is secure and contactless and will stay fresh.

article thumbnail

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

PYMNTS

Brick-and-mortar retailers are changing the way they manage their workforces in the age of Amazon: Walmart , for instance, is testing multiple versions of a new team structure called the “Great Workplace” in some of its locations. In terms of Walmart’s other efforts, the retailer is also focusing on features such as grocery pickup.

Retail 100
article thumbnail

Will Vroom’s Plan To Bring AI To Auto Sales Mark The Death Of Dealerships?

PYMNTS

As car buyers and sellers across the country increasingly turn to eCommerce solutions, CarStory will strengthen and extend the reach of our digital retailing platform, and together we will accelerate the transformation of the massive used auto industry,” Vroom CEO Paul Hennessy said in announcing the $120 million cash-and-stock deal.

Louisiana 242
article thumbnail

Apple Pay Rolls Out To 17 American Credit Unions And Banks

PYMNTS

The total roster now claims more than 1,600 banks and credit unions domestically, said the site, even as 35 percent of retailers in the U.S. Add more names stretching across banks and credit unions that have signed up to support Apple Pay. 9to5Mac said Tuesday (Jan. support Apple Pay. and Switzerland.

Apple 117
article thumbnail

Why Voice Authentication’s Doing Prison Time

PYMNTS

What eventually becomes cutting-edge in retail and payments often originates in places that are dedicated to security, not commerce. Authorities and prison technology companies say this mass biometric surveillance supports prison security and fraud prevention efforts.”. New technology often starts out at the U.S.

Fraud 161