Chris Skinner

MARCH 16, 2017

Microsoft, Wal*Mart and Virgin are all coming for your lunch, you’re going to be disintermediated. So, the bankers went and got a triple, venti, non-fat, caramel macchiato … or two … and watched as the MNOs did their business. There is more change coming and you’re going to be dead meat unless you change. Nothing happened.

Fintech 226

Fintech Conference Mobile Technology 226

Banking 2020

SEPTEMBER 24, 2014

That would be Wal-Mart, of course. It’s a valid question, but somebody forgot to tell Wal-Mart. Consistent with the overall Wal-Mart brand, the new service will be both ubiquitous and low cost. It’s also probably not a stretch to assume that many of them regularly shop at Wal-Mart anyway.

Apple 71

Apple Retail FDIC Course 71

NCR

DECEMBER 18, 2015

Let’s just say it: Wal-Mart is in the banking business. And soon, it won’t be the only company of its kind to get in on the business. The fact that 22 million consumers already use the Wal-Mart app every month means it has a potential head start in this key market. For the record, this is a massive market.

Apple 40

Apple Retail FDIC Mobile 40

PYMNTS

NOVEMBER 16, 2016

Ironically, as it turns out, Wal-Mart says it is soon launching its own inter-business social media app related to human resources issues and questions. Moving from traditional, in-person protests on big shopping days such as Black Friday, this is OUR Walmart’s new attempt at inciting workers to band together.

social media 100

social media New York City Arkansas New York 100

Abrigo

OCTOBER 10, 2023

Use the fraud triangle to prevent fraud at your institution The concept of the fraud triangle is frequently used in business, accounting, and criminology. History indicates that any time there is a global economic downturn like the one we’ve experienced in the past year, business and consumer fraud will likely increase.

Fraud 195

Fraud How To Training Trends 195

Jeff For Banks

APRIL 11, 2013

I can''t think of a business that has succeeded with this model, but maybe one will come to me. bank billboard strategies bank strategy banking billboard strategies billboard strategies credit union strategy Jeff Marsico Kafafian Group Nordstrom Wal-Mart' Go for both!

Strategy 93

Strategy Groups System 93

Jeff For Banks

FEBRUARY 28, 2010

Yesterday, to kill time, we roamed the aisles of the local Wal-Mart. From the menu of services (see photo) it was evident that Wal-Mart is making a concerted effort to bank the unbanked and recent immigrants that send money home. Reviewing industry data from SNL Financial, Wal-Marts had 863 bank branches that had $6.0

Virginia 67

Virginia Strategy Resources National 67

Abrigo

OCTOBER 1, 2014

Wal-Mart, McDonalds, Home Depot. In light of the financial crisis, the “buy local” movement is fueled by the desire to invest in local businesses, and in turn, help the economy. Partner with small business owners. Partner with small business owners. Buying local is also fueled by consumer preferences.

Community Bank 170

Community Bank Community Capital Lending 170

Jeff For Banks

MARCH 7, 2010

Michael Barbaro, NY Times business writer, October 17, 2005. Remember when Wal-Mart sought a Utah industrial loan company (ILC) charter? See a past blog post regarding how Wal-Mart is working their banking strategy without an ILC at: [link] “The game has changed, but the people didn’t.”

Utah 60

Utah Strategy United States Resources 60

PYMNTS

FEBRUARY 27, 2017

Currently about 56 percent of Walmart’s sales come via its grocery business. Wal-Mart is trying to go back to where they were 10 years ago when they were absolutely the low price leader,” a large packaged food supplier told Reuters on condition of anonymity.

Iowa 100

Iowa Arkansas Retail Illinois 100

Tomorrow's Transactions

JANUARY 7, 2015

Starting Christmas Day, Wal-Mart is letting customers exchange gift cards from more than 200 retailers, airlines and restaurants for a Wal-Mart card. From Wal-Mart tests gift card exchange – The Washington Post ]. Shoppers won’t get the full value of their gift cards to use at Wal-Mart.

Cards 30

Cards Retail Washington Examples 30

FICO

DECEMBER 14, 2016

Launches included Wal-Mart Pay, CVS Pay, Kohl’s Pay and CakePay (my personal favorite), to name just a very few. As a frequent business traveler, it sounds perfect to me—I can check in on the app, pick my room on my phone and use it as my room key. Prediction: There will be no clear winner in the mobile payments wars.

Mobile 40

Mobile Fintech Payments Regulation 40

Alex Jimenez

DECEMBER 29, 2022

Even now when I have a more proper consulting title at EPAM Systems , my thinking is focused on what I learned in business school and on every job ever since about strategy. One of my favorite business school classes was the Business Strategy course. In our minds, we would have to choose to be Wal-Mart or Louis Vuitton.

Leadership 52

Leadership Strategy Groups Marketing 52

Jeff For Banks

APRIL 11, 2010

Customer managers typically rise to the top through customer-contact lines of business, such as commercial lending or trust. I was recently in a strategic planning retreat where the CEO said that only five percent of his workforce has responsibilities for relationship management and business development.

Management 60

Management Community Bank Strategy Community 60

NCR

SEPTEMBER 27, 2016

Even before the rise of mobile computing, and particularly after, the line between personal and business has become increasingly blurry. Sure, there are plenty of, say, applications for business-specific functions, but their popularity—not to mention ease of use—are judged via consumer standards.

System 40

System Google Industry Retail 40

PYMNTS

AUGUST 19, 2016

Google made news this week when it announced that its partnership with ChowNow means that users can quite literally chow now by ordering directly from a restaurant’s business page from Google search. Commerce-Enabled Search. Because Best Buy isn’t just a physical retailer – it’s a physical retailer in the consumer electronics game.

Apple 100

Apple Retail Google Trends 100

CB Insights

SEPTEMBER 27, 2017

That’s doubly true when you’re the head of a legacy business desperate to stay relevant. Small players have historically changed the business landscape when the older guys aren’t aware enough or nimble enough to respond. And it doesn’t appeal to business customers because it doesn’t have a keyboard.

Bitcoin 65

Bitcoin Apple Innovation Industry 65

CB Insights

AUGUST 14, 2018

That’s doubly true when you’re the head of a legacy business desperate to stay relevant. Small players have historically changed the business landscape when the older guys aren’t aware enough or nimble enough to respond. And it doesn’t appeal to business customers because it doesn’t have a keyboard.

Bitcoin 78

Bitcoin Apple Industry Nebraska 78

Social Assurance

DECEMBER 16, 2014

. "Waffle House Shows Atlanta How to Handle a Snowstorm" by CLIFF OXFORD via NYT Business Day [link]. Do something unexpected to be generous, maybe it’s walking Uncle Eddie through the Wal-Mart to buy him and his family some nice presents. — Mike Briercliffe (@mikejulietbravo) February 17, 2014.

social media 22

social media Atlanta Branding Marketing 22

CB Insights

JANUARY 5, 2018

The company also changed its official name from Wal-Mart Stores to Walmart last December in order to highlight its growing omnichannel focus. It has been growing rapidly, crossing $100M in annual revenue in mid-2016 after three years in business. WALMART’S GOALS. Thrive Market. Disclosed funding: $151.3M.

Company 57

Company Branding Millennials Retail 57

NCR

DECEMBER 28, 2015

Market Crashers: Here’s an old question that’s just as relevant now as before: Is Amazon a retailer or a technology company that just happens to be in the retail business? In 2106, we’re predicting there will be advances on this front. Remember, it generates consider revenue from cloud computing services.)

Apple 40

Apple Mobile Technology Security 40

Tomorrow's Transactions

DECEMBER 5, 2016

The notion of a special-purpose charter has also drawn concerns from some consumer groups who want to ensure all of the banking and fair-lending laws apply to fintech firms and banks that fear they would lose business to fintech if they had to compete within the same banking system. But back to the rest of the special-purpose charter.

Fintech 30

Fintech Regulation Lending System 30

Fintech Labs Insights

APRIL 3, 2015

That has led to eerily empty branches ( not exactly a great branding statement ) which no longer generate enough new business to pay their way ( though they often still support large legacy deposit bases making them seem profitable ). Providing advice, especially for loans and business services 4.

ATM 12

ATM Retail Branding Strategy 12

Fintech Labs Insights

JANUARY 15, 2016

That has led to eerily empty branches ( not exactly a great branding statement ) which no longer generate enough new business to pay their way ( though they may support legacy deposit bases making them seem profitable ). Providing advice, especially for loans and business services. Visible reinforcement of the brand (i.e.,

Retail 12

Retail Branding ATM Taxes 12