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Top News In Payments: Bank Closings Hit Rural Areas; Kaspersky Highlights Rise Of Fake Notifications

PYMNTS

Bank Branch Closings Take Toll On Rural Communities. Rural communities with lower incomes or a higher percentage of minorities experienced the most closings, losing 1,553 bank branches in 794 counties, a decline of 14 percent. Urban areas, however, lost only 9 percent of offices in 802 communities. for $4 billion.

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How Spend Tools Feed Food Banks’ Need For Accountability

PYMNTS

Yordex offers virtual cards as well, which can be used to manage online business expenses, such as recurring subscription charges. These organizations face increased demand during the holidays — when they deliver food to communities in need.

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Instacart Loosens Availability Requirements For Shoppers With New On-Demand Option

PYMNTS

As more busy people and families across North America rely on online grocery shopping and delivery, we’ve learned that different markets may need different product features to meet demand and make work more flexible for shoppers,” Instacart Chief Product Officer David Hahn said in a blog post.

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Small Business Spotlight: Just Add Cooking

PYMNTS

As every other kind of commerce moves online, food and grocery have likewise been migrating in a digital direction – and why not? Consumers can buy shoes, books, coffee pots, linens and dog toys online, so why are they still going to the grocery store for the same dozen eggs and gallon of milk they buy every week?

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Function Over Flash

Independent Banker

Certain mobile functions and features are essential to the success of a community bank’s mobile banking offerings. Newfangled mobile capabilities could help community banks stand apart from their competitors. Share of community banks and credit unions offering the following mobile banking features and functions: 84%.

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Function Over Flash

Independent Banker

Certain mobile functions and features are essential to the success of a community bank’s mobile banking offerings. Newfangled mobile capabilities could help community banks stand apart from their competitors. Share of community banks and credit unions offering the following mobile banking features and functions: 84%.

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Data Dive, Go Big Edition: Apple, Amazon And CloudKitchens

PYMNTS

The fee-free card is Goldman Sachs’ latest inroad into the retail consumer business after establishing its online Marcus brand in 2016, which makes unsecured personal loans. According to reports last week, Amazon will soon be heading to Boston to construct a $40 million state-of-the-art robotics innovation hub.

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