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Apple To Shutter 30 More US Stores Again Amid Pandemic

PYMNTS

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
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American Greed: Can being an honest broker be banks and credit unions competitive advantage?

Jeff For Banks

So, if those involved in banking don''t have the time or inclination to do it, how about the engineer, retail store manager, or forklift operator? I think, as a nation, we will need lots of help managing our money. Could this need for personal financial management prove to be a viable niche for community financial institutions?

Boston 86
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Walmart Amazon Whole Paycheck Tracker: Keeping Ahead Of The COVID-19 Outbreak

PYMNTS

Both of the nation’s mega-retail players have spent the week strategizing how to strike a balance between three goals — protecting their thousands of employees, serving their massive customer bases and keeping supply chains operating at as close to normal as imaginable given the highly abnormal circumstances.

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AI and generative AI use cases in banking: 6 real-world examples

Abrigo

They can more easily consider how to harness genAI's power to enhance their operations, compliance, risk management, and member or customer experience. An example of a use case for predictive AI is Signature Bank of Georgia ’s addition of AI-driven check fraud detection software that finds fraud faster.

Examples 195
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11 New Restaurant Concepts Reimagining Fast Food & Casual Dining

CB Insights

In 2017, the National Restaurant Association reported annual sales of $799B — close to 48% of the total amount that Americans spent on food. The kombucha taproom: Cultured South (Georgia). Community initiatives: Loom (Massachusetts). This year, Subway plans to close more than 500 locations. That’s not a new development.

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Fizzle Of The Week: Bitcoin — The Bad Neighbor

PYMNTS

For those not used to thinking about electricity by the gigawatt, the estimates mean this: Even at the low end, bitcoin mining uses as much power as a nation state. The debate is whether that nation state is small (Lithuania-sized), medium (Morocco-sized) or medium-large (Israel-sized). Use of power is not very evenly distributed.

Bitcoin 104
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Tech Center: Greece Sets Its Sights On The Tech Industry

PYMNTS

Four Athens is working with Georgia-based Advanced Technology Development Center that’s helping entrepreneurs with their startup ideas. PYMNTS: Can you describe your personal and/or professional experience with the tech community in Greece? Is there anything people may find surprising about operating a business there?

Industry 118