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Amazon Is Building A Traditional Supermarket In LA

PYMNTS

Reports from Seattle and California say the company is adding a new format and expanding beyond its Amazon Go and Whole Foods brands. Although Amazon hasn’t commented, the strategy seems to be aimed at getting Amazon aligned with a more mass market customer segment than its other retail brands. billion in 2019.

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Now is a prime time for digital account opening

Independent Banker

Offering the ability to open an account online can be one way to reach customers who are unable to join your community bank in person. A customer can make the decision to switch to a community bank or open their first bank account any time, any day, including outside business hours.

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Century 21 Department Stores' Intellectual Property Up For Sale

PYMNTS

The Century 21 brand provides a trusted destination for name brand apparel, accessories, home goods and more,” Hilco Streambank Executive Vice President David Peress said in the announcement. Its total gross revenue in FY 2019 exceeded $747 million, of which roughly $53 million can be attributed to the online shopping channel.

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Affinity Federal Credit Union On The Importance Of Accelerating Digital Transformations

PYMNTS

The pandemic has fast-tracked that digitization, however, as concerns and restrictions have led members to reduce their branch visits and turn to contactless features to carry out their banking activities online. Embarking On A Digital Transformation.

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Goldman Leads $50M Funding For Credit Card Startup Deserve

PYMNTS

Deserve offers credit cards to nontraditional consumers and sells its cloud-based platform to companies wanting to launch their own branded cards. In October , Deserve partnered with the New Jersey Institute of Technology (NJIT) to offer a branded card to its student body and alumni. “We

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Food Stamps Online: The $75B Grocery Game-Changer?

PYMNTS

This actually leads to wider discounting, as brands are trying to shed the old version and entice shoppers to the new one. SNAP online . The USDA is in the process of rolling out a pilot program that will allow SNAP program enrollees to buy groceries online. Is there any way out of that?

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Grocery Round-Up: Digital-First Delivers For Kroger, Another Instacart Pair-Up And Hoarding Round 2

PYMNTS

Online sales were up 108 percent during the quarter. In late October , Cincinnati-based Kroger announced its “Restock Kroger” program — which aims to improve shipping, distribution and the links between its online and offline businesses — would be a major boost for shareholders. billion since March.”. "As