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Why a community bank in Missouri is investing in core banking startup Neocova

Bank Innovation

Together with a group of other community banks, Bank of St. Elizabeth recently invested in Neocova, a St. Louis-based core banking startup that targets […]. Elizabeth, a Missouri-based community bank with $150 million in assets, investing in a core banking startup is critical for its future.

Missouri 221
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Retail Pulse: FAO Schwarz To Open New Flagship; Amazon Expands Grocery Delivery

PYMNTS

Brick-and-mortar retailers have closed flagship locations in recent times, but sometimes these landmark stores make a comeback. The new store, which will be located at 30 Rockefeller Plaza, will feature multiple experiential retail components. The store will also offer magic shows and a grocery shopping experience designed for kids.

Retail 116
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Retail Pulse: Walmart Tests ‘Great Workplace,’ Sainsbury’s Opens Cashierless Store

PYMNTS

Brick-and-mortar retailers are changing the way they manage their workforces in the age of Amazon: Walmart , for instance, is testing multiple versions of a new team structure called the “Great Workplace” in some of its locations. At the same time, it was reported that Walmart plans to employ $11 billion in capital expenditures this year.

Retail 100
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Experimental Robot In Supermarket Booted From ‘Job’

PYMNTS

Financial services firm Cornerstone Capital Group projected robots will capture between 6 and 7.5 million jobs over the next 10 years, slashing the 16 million-strong retail workforce by approximately 38 percent. It appears the retail robot revolution is already starting, too. A robot named Tally trawls the aisles of St.

St. Louis 121
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The Pros And Cons Of Robots In Retail

PYMNTS

Between automated checkout lines, online grocery ordering and meal kit services, it seems like the inexorable tide of progress is determined to wipe out millions of jobs across the retail and grocery sectors. Financial services firm Cornerstone Capital Group projected that robots will capture between 6 million and 7.5

Retail 124
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Verizon 5G Network Launch Foreshadows Mobile Commerce Changes

PYMNTS

The announcement from the mobile network provider serves as the latest demonstration that 5G is coming, and that retailers and payment services providers should get ready to operate in the 5G world. The Verizon announcement about the upcoming April launch of the 5G network in the two most important cities in the Midwest (no offense to St.

Mobile 168
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Bringing Omnichannel’s Attention Back To The Curb

PYMNTS

What followed over the next four decades was the evolution of a once familiar retail fixture – the carhop – who first walked, and then later roller skated their way into creating a convenient way of serving the customer. Louis Post-Dispatch. Retailers are having to find new ways of fulfilling shoppers’ orders.”.

St. Louis 102