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NJ-based Provident Bank upgrades digital channels amid pandemic 

Bank Innovation

For one community bank in New Jersey, its digital overhaul came at a crucial time, and Provident Bank has been pushing its digital capabilities to customers during the novel coronavirus pandemic since revamping its online banking earlier this month.

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Banking On APIs For B2B Innovation

PYMNTS

One of the key reasons for the complicated relationship – the term “frenemies” comes to mind – is that FinTech newcomers are demonstrating innovative approaches to traditional banking practices, including financial management services and money transfers, while older banks tend to be wedded to older systems. New tools for new FinTechs.

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Grocery Roundup: New Amazon Fresh Store, SpartanNash Puts Incentives In ‘Fast Lane,' Walmart On Autonomous Delivery

PYMNTS

It’s been a busy time in the grocery world this week, with digital innovation at the core of the headlines in the industry. Here are the latest developments in new store concepts, ordering and delivery from various big names in the sector: Amazon To Open Amazon Fresh Store In New Jersey.

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Sweetgreen Reverses Cashless Approach

PYMNTS

To accomplish our mission, everyone in the community needs to have access to real food.” for the community, the company and the customer. In other cashless payment news, Philadelphia recently passed a ban on cashless stores – the first big U.S. With the new law, most retail outlets would have to accept physical currency.

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Popular Bank Named Among First Investors of NWK FAM Fund

PopularBank

The new investment vehicle aims to economically empower Black and Latinx business owners throughout the City of Newark. NWK FAM Fund Seeks to Narrow the Wealth Gap in New Jersey. Popular Bank will serve as an initial corporate partner alongside organizations including AT&T, Panasonic and New Jersey Community Capital. “We

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Now is a prime time for digital account opening

Independent Banker

Offering the ability to open an account online can be one way to reach customers who are unable to join your community bank in person. A customer can make the decision to switch to a community bank or open their first bank account any time, any day, including outside business hours.

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Affirm Confirms $200M Investment Round

PYMNTS

Among those partners are names such as Expedia, Wayfair, Motorola, Dà-Jiāng Innovations (DJI), Casper and Cole Haan. New product launches will also be in the offing, extending beyond an extant point of sale credit that is done in tandem with the Affirm app.