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

PYMNTS

The move comes the company is investing in refurbishing stores, rolling out faster shipping for eCommerce orders and offering store pickup as well as online grocery delivery. The paper also reported that the impetus of the move wasn’t cost savings, but meeting changing online shopping habits as well as staff demands.

Retail 100
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The math behind small business lending: Problems & possibilities for banks & credit unions

Abrigo

With $580 billion in private-term loans and lines of credit and $62 billion in credit cards, they accounted for 56% of the small business financing market. As a share of their total assets, community banks have more business loans below $1 million than larger banks, according to the St. Louis Fed : [S]mall-business loans—i.e.,

Lending 243
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Fintech Fundings: 12 Companies Raise $240 million Week Ending June 25

Fintech Labs Insights

Payments gateway for online marketplaces. Louis, Missouri. Louis, Missouri. Online investment manager. Tags: Security, fraud, payments, ecommerce, Finovate alum. Total raised: $15.2 Source: The Oregonian. Payments risk & compliance management. HQ: Palo Alto, California. Latest round: $12 million. PromisePay.

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Fintech Fundings: 30 Companies Raise $390 Million Week Ending May 13

Fintech Labs Insights

Online financial advisor. Online payments & cash management for small businesses. Tags: SMB, payments, mobile, merchants, acquiring, credit/debit cards, mobile, POS. Source: FT Partners. iPad POS system for the hospitality industry. Latest round: $22.8 million Series C. Total raised: $37 million. HQ: Berlin, Germany.

Company 12
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Fintech Fundings: 26 Companies Raised $270 Million Week Ending May 6

Fintech Labs Insights

Online bookkeeping service. Louis, Missouri. Prepaid debit card. Louis, Missouri. Tags: SMB, merchants, payments, point-of-sale, mobile, credit/debit card aquiring. HQ: San Francisco, California. Source: Crunchbase , WSJ. Payments technology. Latest round: $24 million. Total raised: $40.5 HQ: Kefar Sava, Israel.

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Fintech Fundings: 24 Companies Raise $440 Million Week Ending May 21

Fintech Labs Insights

Online consumer alt-credit. Payment services for online marketplaces. Card-linked rewards & offers. Online network for private equity community. Online financial and FX trading. Louis, Missouri. Tags: Prepaid cards, gift cards. Source: Crunchbase. Argon Credit. HQ: Chicago, Illionois.