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Digitalization allows U.S. Bank to expand reach

BankInovation

Bank’s investment in digitalization has enabled it to reach beyond its branch network as it plans to expand to seven new markets. The $668 billion bank is expanding to Arizona, Florida, Georgia, North Carolina, New York, Texas and Tennessee, according to its presentation at the BancAnalyst Association of Boston Conference on Thursday.

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Chase Plans Expansion In Top US Markets In 2019

PYMNTS

Chase has announced it is expanding its retail footprint into nine of the top American markets, as well as opening dozens of new locations in the greater Washington, D.C area, Philadelphia and Boston. The new locations will include Charlotte, North Carolina; St.

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CVS Health On Track To Rehab Over 1,000 Stores

PYMNTS

With CVS Health on the path to meeting its goal of revamping more than 1,000 of its stores, the health retailer is reportedly seeing positive early results. CVS rolled out three HealthHUB concept stores in Texas close to the conclusion of 2018 and grew the offering to 50 locations in four markets by the end of last year.

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CVS Health Unveils Atlanta HealthHUBs; Target’s Digital Sales Rise Despite Slow Growth

PYMNTS

Retailers are aiming to help consumers manage chronic diseases as well as their overall health and wellness through new brick-and-mortar experiences. Through HealthHUBs, consumers are at the center of an unmatched retail health experience. CVS Health, however, is not the only retailer to bolster its health offerings.

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Reimagining The Bar Experience Without The Booze 

PYMNTS

percent it fell in 2017 according to IWSR, an industry tracker for the drinks market. . Both Anheuser Busch and Boston Beer Company (better known as Sam Adams) have released their own versions of spiked seltzer. In 2019 alcohol consumption in the U.S. fell by just shy of 1 percent, more than the 0.8 percent loss in sales.

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The Great Grocery Race Shifts Into High Gear

PYMNTS

Boston, Philadelphia and Washington D.C. The world’s largest retailer announced it has acquired the crowdsourced, on-demand delivery marketplace Cornershop for $225 million. Kroger released its Q2 earnings this week, and the market did not love what it saw. are reportedly next on the list of expansions. percent increase.

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Fintech Fundings: 15 Companies Raise $125 Million Week Ending May 1

Fintech Labs Insights

HQ: Boston, Massachusetts. HQ: Charlotte, North Carolina. Tags: Payroll, unbanked, Egypt (initial market), Barclays (holds funds), debit cards, Visa, payments. There were two jumbo rounds: $50 million to cryptocurrency startup Circle and $30 million to multiple Finovate Best of Show winner MX (formerly Money Desktop).