Amazon adds store with Just Walk Out tech
Payments Dive
DECEMBER 1, 2022
The 5,000-square-foot location in Southern California marks the latest addition in a region where the e-commerce giant operates numerous brick-and-mortar retail stores.
This Sequoia Capital-Backed Neobank Raised $750M To Scale Operations
CB Insights
AUGUST 17, 2021
California-based Chime collaborates with regional banks to create member-centric financial products, coining itself as a financial technology firm rather than a bank. The post This Sequoia Capital-Backed Neobank Raised $750M To Scale Operations appeared first on CB Insights Research. HOW’S THE COMPANY PERFORMING?
Capital 
78
78 Join 50,000+
Insiders
Sign Up for our Newsletter
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Trending Sources
AWS Outage Interrupts Web Service for Spotify, Square And Others
PYMNTS
NOVEMBER 25, 2020
An Amazon Web Services outage affected the digital presence and operations of dozens of companies Wednesday (Nov 25) as one of the subsystems of the massive web operations platform failed. The team has identified the root cause and is working on resolving the issue affecting this subsystem,” the notice said.
social media 283
283 
Huntington Teams With TCF Financial In $22 Billion Bank Merger
PYMNTS
DECEMBER 14, 2020
regional banks. . The newly-combined company will operate under the Huntington name and brand. We will be a top regional bank, with the scale to compete and the passion to serve. Maxine Waters (D-California) is calling for an in-depth investigation into the $11.6 term shareholder value.
Detroit 237
237 
US Retailers Confront Data Privacy Shifts
PYMNTS
MARCH 27, 2020
While the advancement of open banking regulations may be seeing a small skip due to the spread of the coronavirus , many countries saw business and typical banking operations halted right after deciding upon new online privacy rules. European Union and other regions currently fighting the pande mic.
Data 199
199 
Deep Dive: COVID-19?s Global Impact On Open Banking And Online Privacy Regulations
PYMNTS
JUNE 9, 2020
This growth in digital payment volume is testing the open banking networks proposed by regulators in multiple regions, including the U.K. Data privacy and security standards are critical for regulators to address in regions such as the U.S., The COVID-19 pandemic is forcing lawmakers in multiple regions under extreme scrutiny.
Regulation 132
132 
Grocery Roundup: 2020 Finishes Strong, Price Chopper Doubles Down On Digital
PYMNTS
JANUARY 7, 2021
In what seems to be a response to the passage of Proposition 22 in California two months ago, Albertson, the country’s second-largest grocery store chain, has announced it will eliminate its unionized delivery drivers in California. 27, 2021,” said spokesman Andrew Whelan, as reported by MarketWatch. “We
California 203
203 
Ireland Boosts FinTech Development Efforts
PYMNTS
APRIL 30, 2019
The government said that, in the wake of Brexit, roughly 100 financial firms have applied to set up shop or expand operations in Ireland. The government said the group will be tasked with exploring, amid other possibilities, a “virtual digital bridge from the ‘Silicon Docks in Dublin to IFS companies in Dublin, and in other regions.’”.
Fintech 189
189 
Why Turkish Banks Are Bullish On PSD2
PYMNTS
JANUARY 2, 2020
Regulators are looking to PSD2 as a blueprint as they seek to innovate the way they treat online consumer data, privacy and security in their own regions. The EU is no longer the only region looking to upgrade its data and financial protection legislation. and Turkey. Around the Data Protection and Security World.
Regulation 131
131 
COVID-19 Efforts Top PayPal Global Impact Report
PYMNTS
APRIL 27, 2020
the California-based online payments system, on Monday (April 27) released its annual Global Impact Report , which typically highlights the firm’s progress on advancing profitability, promoting a diverse workforce, minimizing pollution and operating responsibly. PayPal Holdings Inc.,
Report 168
168 
Apple To Shutter 30 More US Stores Again Amid Pandemic
PYMNTS
JULY 2, 2020
As instances of the coronavirus quickly increase in a number of regions across the nation, Apple plans to shutter 30 more stores in the United States on Thursday (July 2) at the latest. Their reclosures reportedly are a negative barometer of the ease with which retail operations are able to resume throughout the country.
Apple 131
131 
These Are Your Most Profitable Cash Management Clients
South State Correspondent
SEPTEMBER 20, 2023
The value driver in cash management is that it is usually some sort of operating account at the bank. As such, operating accounts have low-interest rate sensitivity. We have also included the IBIS World 2024 risk ratings to provide some context for the credit and operating risk of the counterparty.
Management 195
195 
Fashionphile Snags $38.5M In Series B To Boost reCommerce
PYMNTS
AUGUST 31, 2020
Fashionphile noted that the funding will fuel its “operational and geographic scale,” as it aims to continue growing its omnichannel presence and making regional fulfillment hubs in the U.S. Dragoneer is a California-based investment company, while Tencent is a China-based worldwide technology firm. and other countries.
System 142
142 
Walmart Launches Alcohol Pickup In Select States
PYMNTS
OCTOBER 31, 2019
In states including California, Texas and Florida, shoppers can select from a variety of wine and beer options, including regional or local brands. No matter what’s on your shopping list, Walmart Grocery Pickup is helping our customers keep time in their busy schedules,” Tom Ward, SVP of digital operations, said in a press release. “No
Florida 101
101 
Workday Acquires Contractor & Vendor Management System VNDLY For $510M In Cash
CB Insights
NOVEMBER 23, 2021
The company counts several Fortune 500 companies among its clients, and it operates across North America, the UK, the EMEA region, and Australia. Workday: California-based Workday provides HR and financial management software. Workday is supported by a team of 12,500 employees, and it maintains operations across 32 countries.
System 63
63 
SMBs Use New Bankruptcy Law To Save Businesses
PYMNTS
JULY 13, 2020
June was the top month this year for such filings, with 131 overall, and many were filed in the hardest-hit states like Florida, Texas, California, New York and Illinois. The company’s quick expansion had already saddled it with debt.
Texas 156
156 
Visa’s Authorize.Net To Provide SMBs With Offer On Super Bowl Sunday
PYMNTS
FEBRUARY 2, 2021
The Authorize.net offer extends Visa’s commitment to digitally enable businesses and helps alleviate burdens by minimizing some recurring operational costs. While we have rallied behind our small businesses all season, Super Bowl Sunday is an opportunity to give small businesses support that could last a lifetime.”.
Tampa 211
211 
Credit Issues Stalk Malls And Anchor Tenants
PYMNTS
JUNE 22, 2020
Writing in NJ Biz, Linfante points to the mall anchors and other tenants that have already closed, expressed financial concerns or filed for bankruptcy that will lead to significant challenges will be faced by regional malls. The existential threat facing regional malls is the instability of anchor department stores.
NJ 132
132 
Address Verification, D2C Shopping, Google’s Transition To SAP Ariba Top This Week’s News
PYMNTS
AUGUST 14, 2020
The final phase is in regards to the Asia Pacific region. buyer for its American operations. A judge in California ordered Lyft and Uber to stop classifying workers as independent contractors and start categorizing them as employees. Google’s move to the cloud-based services of SAP Ariba is scheduled to finish Aug.
Oklahoma 160
160 
PetSmart Continues Brick-And-Mortar Expansion With More Store Openings
PYMNTS
DECEMBER 14, 2017
In a press release, the company said the latest expansion efforts add to the 35 new stores launched during the first half of the fiscal year, bringing the total count of store openings in the region to 63 stores. Canada and Puerto Rico, and the company operates another 207 in-store PetSmart PetsHotel dog and cat boarding facilities.
Puerto Rico 109
109 
Enterprise Security Returns To Top Of B2B Investment Mountain
PYMNTS
MARCH 1, 2019
Linking financial institutions and corporates with its Banking-as-a-Service platform, ONPEX enables FIs to deploy cloud-based account and payment technology to digitize operations and enhance their cross-border corporate payment offerings. Also operating in the enterprise security space is Cequence Security, based in California.
Security 189
189 
Is Amazon’s Delivery ‘Purge’ A Boon To Last-Mile Rivals?
PYMNTS
FEBRUARY 24, 2020
As reported last week, Bear Down Logistics is no longer working with Amazon, with the firm cutting hundreds of jobs in the wake of that severance, and effectively ceasing operations across five states. There are another 120 workers slated to be let go in Michigan. “We Amazon tends to look for little impact through the industry.
Michigan 196
196 
Square Capital Distributed 76K PPP Loans Totaling $820M
PYMNTS
JUNE 15, 2020
“In mere weeks, we were able to create an application that made it simple for business owners to complete the PPP application, knowing many Square sellers handle all elements of their business, including financial operations, themselves.”. The majority of borrowers, 80 percent, were individual entrepreneurs.
Capital 141
141 
Small Biz FinTech Leads Week’s B2B Funding Roundup
PYMNTS
AUGUST 16, 2019
Kobo360 operates a freight technology platform, connecting truckers with businesses that need shipping services across the region. The Series C investment will help the California company focus on growth and product innovation to fuel development of its enterprise data warehousing solution.
Fintech 179
179 
Amazon’s Next Warehouse Will Specialize In Large Items
PYMNTS
JUNE 23, 2016
We are excited to expand in the state of Georgia and add a new fulfillment center to better serve our customers in the region,”Akash Chauhan, vice president of Amazon’s North America operations, said in a statement.
Georgia 100
100 
Drive.ai To Launch Self-Driving Car Pilot In Frisco, Texas
PYMNTS
MAY 8, 2018
Drive.ai , the California self-driving car startup, announced Monday (May 7) that it is launching an on-demand self-driving car service pilot in Frisco, Texas. Today definitely marks a mobility milestone for our entire region. In a press release , Drive.ai
Texas 129
129 
Uber Freight Rolls Out Platform For Shippers To Access Its Network
PYMNTS
AUGUST 21, 2018
Companies like American Tile & Stone and Premier Packaging have already begun using Uber Freight to improve their shipping operations, and we’re excited to now roll out the platform widely to our freight community,” the company wrote in the blog post.
South Carolina 100
100 
B2B eCommerce Tips The VC Scales
PYMNTS
OCTOBER 4, 2019
An Egyptian firm landed the MENA region’s largest-ever seed round, a California company proved U.S.-based Now that Fyle has officially launched operations, the company said it would deploy the funding to focus on product innovation and global growth and to invest in sales and marketing efforts. SaaSOptics.
Capital 128
128 SEC Charges ex-iPayments Executives With Million Dollar Scheme
PYMNTS
MARCH 13, 2017
Shakouri and then-Executive Vice President and Chief Operating Officer Robert S. million in losses to the company,” said Sanjay Wadhwa, senior associate director of the SEC’s New York regional office. Attorney’s Office for the Central District of California today announced criminal charges against Shakouri and Torino.
New York 101
101 
NEW REPORT: Why Mobile Order-Ahead May Be The New Frontrunner At Saratoga
PYMNTS
SEPTEMBER 22, 2017
Eatery chain BJ’s Restaurant and Brewhouse, for instance, announced its (over 21) customers in select California markets can now have popular alcohol options delivered along with their takeout orders — all as part of a new partnership with delivery service DoorDash. .
Mobile 129
129 
One SME Lender’s Take On Regulation And Transparency
PYMNTS
AUGUST 25, 2016
in particular, a cross-section of states that CEO Douglas Bystry says has its own unique demands and impacts on regional economies. That focus provides insights into the direct link between lenders, their SME borrowers and the communities in which those businesses operate. A Regional Reach.
Regulation 100
100 
Inside Chipotle’s Decade Of Digital-First Ordering Innovation
PYMNTS
DECEMBER 5, 2019
Pizza chain Domino’s , for example, is planning to test self-driving vehicle technology in one major metro region. Fellow fast food chain KFC , meanwhile, is adding automation to its kitchen operations in the United Kingdom and Ireland. Deep Dive: Enhancing Customer Service With CRM Tools.
Innovation 131
131 
Automakers Rev Up Venture Capital Engine With 38 Investments in 2017
PYMNTS
JANUARY 19, 2018
The automaker is also reportedly joining the Open Platform operated by Lyft for autonomous cars. Careem has quickly leapt to the leadership of ridesharing within the MENA [Middle East and North Africa] regions by delivering rapid innovation and customer growth, and it is spearheading new ways to transport people from point A to point B.”.
Capital 109
109 
Microsoft’s Underwater Data Centers Could Power Future IoT
PYMNTS
JUNE 6, 2018
On Wednesday (June 6), Microsoft lowered a submarine-like data center into the ocean off the coast of Orkney — a group of islands near Scotland — as part of its efforts to boost internet speeds in coastal regions and support the world’s growing reliance on connected technologies, for both business and leisure purposes.
Data 135
135 
Startups (And Their Investors) Offer Enterprise Processes A Digital Overhaul
PYMNTS
NOVEMBER 30, 2018
Operating in the enterprise cloud space as well, Wave Computing announced $86 million in funding this week for its AI technologies, enabling companies to take advantage of its data with deep learning capabilities. The firm said it will use the investment to focus on operational expansion. Wave Computing. Cybersprint.
Capital 156
156 
Does Destination Maternity Chain Bankruptcy Signal Larger Trends?
PYMNTS
OCTOBER 21, 2019
21), the latest commerce operator to be on the verge of extinction in this age of digital and mobile. though they also operate under such brands as Motherhood Maternity and Pea in the Pod stores. Customers on Walmart.com can access styles from brands like C&C California, Butter Super Soft, Puma and BCBG.
Trends 101
101 Retail Pulse: Dine Brands Teams With Postmates; Walmart Rolls Out Alcohol Pickup
PYMNTS
NOVEMBER 1, 2019
The company operates in approximately 3,500 cities and has brought “some of the most sought-after local and national restaurants” onto its platform, according to the announcement, while serving 75 of the top 100 U.S. We are proud to join forces with partners such as Postmates, who is aligned with our guest-centric value.”. restaurants.
Branding 101
101 
Are Online Merchants The Mall’s Unlikely Salvation?
PYMNTS
JANUARY 18, 2017
One might imagine that mall operators nationwide take a rather jaundiced view of the internet, since online shopping has more or less killed the mall. Returned items are sent to a regional processing hub, then on to retailers’ fulfillment centers, third-party logistics companies or liquidators.
Online 100
100 
VCs Back Bitcoin For B2B Payments, AI For Enterprise Analytics
PYMNTS
DECEMBER 8, 2017
California-based H2O.ai The firm provides businesses with a solution to deploy predictive analytics and machine learning in their own operations; current customers include Comcast, Capital One and Walgreens, the firm said. It’s a pain point we see across the region that desperately needs resolving.”. Artificial Intelligence.
Bitcoin 139
139 
Rebirth Of Malls: Anchor Stores To Become Destinations For Experiences
PYMNTS
FEBRUARY 9, 2018
With room for new establishments, malls operators are redesigning their spaces to make room for consumer experience spaces like restaurants and gyms. They key for mall operators is to focus on tangible experiences — like dining out with friends or family — that eCommerce retailers like Amazon can’t deliver in a package. In the U.S.,
Millennials 116
116 
20 Banking Realities for 2020
Gonzobanker
JANUARY 17, 2020
California CCPA), it’s hard to imagine just how far techies will be able to upend the nuts and bolts of the banking industry. New regional banks will struggle with operational maturity and customer experience. The talent arms race is beginning to cut into progress on operating efficiency.
Governments Fuel Blockchain’s Global Proliferation
PYMNTS
FEBRUARY 21, 2018
A regional government in Russia is now working with state-backed VEB, reports in CoinDesk said this week, as authorities explore how to use blockchain “to improve the quality of management decisions.”. United States. Blockchain may be shaping up to be a topic left to individual states to handle.
blockchain 130
130 
Core Unicorn Deals Rattling the Future of Financial Technology
Gonzobanker
MARCH 9, 2022
While both firms have strong underlying technology and development shops, neither Finxact nor Technisys has the functional requirements to service all consumer and commercial account types for most regional and community banks. And it doesn’t appear that either will have those capabilities anytime soon.
4 ways to get more out of your core
Independent Banker
SEPTEMBER 30, 2021
Our operations and IT teams are the ones who stay current on product releases and help support the products. They use this time to suggest new releases that could help clients’ operations or business models or explain how to better leverage features and functionalities they already have but are not using. billion-asset community bank.
Let's personalize your content