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Transactions: Edward Jones partners with Citi for BaaS

BankInovation

Louis-based company will also integrate Citi Alliance, the bank’s lending service, into its platform to provide loans to its customers, according to an Edward Jones release. Wealth management company Edward Jones selected Citibank on Aug. 15 to provide bank accounts to its more than 8 million clients.

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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. In terms of Walmart’s other efforts, the retailer is also focusing on features such as grocery pickup.

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Fed Data: The U.S. Economy Is Reopening, But Not Rebounding

PYMNTS

As for reopening efforts, consider St. Louis, where around half of the firms are closed temporarily but “about one-third expect to open in the next three weeks.” Businesses reported widespread layoffs and flat to declining wages, but the vast majority of separations were deemed temporary.”.

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Mobile Payments: Adornments For the U.S., mVisa For The Unbanked In Nigeria

PYMNTS

Consultants will don a Bluetooth reader that pairs with Apple iOS or Android smartphones or tablets, to accept payment of credit and debit cards. Global Payments will also embed the retailer’s inventory catalog and digital receipts within the app, while consultants’ business activities can be recorded and reports pulled from a portal.

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Vending Machine Commerce Encourages Digital Payments Growth

PYMNTS

They also stand as a marker for all the changes that have come to vending machine retail — including recent developments tied not only to the generally healthier consumption habits of U.S. The capital will support hiring and the deployment of up to 500 new machines to St. Louis, Cincinnati and other areas. School Food.

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Sam?s Club Takes On Convenience In Age of Amazon

PYMNTS

The new brick-and-mortar location will come chock-full of new retail innovations, but the store won’t carry a plethora of items. The technology is part of a move by retailers — such as the Amazon’s and Sam’s Clubs of the world — to improve the customer experience. Shipping And Delivery. along with online ordering capabilities.

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Chapter 11 Watch: Hockey Chain Put On Ice, California Livin’ Goes Bust In Hong Kong

PYMNTS

Brick-and-mortar retail will forever remember the day that Nintendo released Pokémon GO , a mobile game that has caused millions of millennials to suddenly discover outside again. Louis Business Journal is reporting that Missouri-based hockey equipment supply chain Total Hockey has filed for bankruptcy as of Wednesday (July 6).