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Today In Payments: Facebook Closes $5.7B Deal For Stake In Reliance Jio; GM Shutters Its Car-Sharing Platform

PYMNTS

billion deal on Tuesday (April 21) for a minority stake in Indian telecom startup Reliance Jio, giving the social media giant a larger foothold in the region. Maven had already began winding down the number of cities in which it operated, shutting down in major markets like Boston, Chicago and New York City. Facebook Closes $5.7B

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Clienteling Gives Retailers COVID-19 Interaction Options

PYMNTS

According to Boston Retail Partners , 63 percent of retail personnel can’t identify customers prior to checkout. All the data locked in a CRM/POS system is made available to the store associate so that recommendations and interactions are informed by data. That feature is infinitely more valuable now.

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SMB Profile: Looking Forward To Christmas In Connecticut

PYMNTS

On March 24, on what would have usually been a busy day at the start of spring, the state ordered all nonessential retail shops on the green to shut down, as the pandemic crept its way north from New York City and south from Boston. Burns has been more focused on social media.

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Why Health And Beauty Retailers Are Driving Digital Innovation

PYMNTS

In some cases, retailers are using social media tools such as Instagram to post promotions and product tutorials — or interact openly with consumers about their offerings. percent — said ordering products and services through social media was a motivation for innovation.

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Football Season To Kick Off New Payments Plays

PYMNTS

Bundled sports broadcast packages, social media and high-definition televisions allow them to enjoy games from the comfort of their living rooms. For the 2019 NFL season – PYMNTS is based in Boston, so Go Pats! – Attendance at NFL games declined from approximately 17.8 million people in 2016 to 17.2

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Kombucha, Bingeing, Legos And Wine: How We’ll Keep Busy In Quarantine

PYMNTS

The phrase has since been uttered quite a few times, by many, many sports luminaries: Magic Johnson, Nancy Kerrigan, Michael Jordan, Kareem Abdul-Jabbar, the 2004 World Series Boston Red Sox. Americans are brave people. Strong people. People who (mostly) have Prime accounts and the will to think outside of the box when they can’t go out.

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The community bank’s complete guide to building trust

Independent Banker

If you want to develop trust on social media, you need to be there when your customers need you.”. Use social media to build trust. Here are her tips for building trust on social media: 1. Hill rarely uses social posts to highlight bank products or services. That makes building the trust easier.” —Ed

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