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Fintech consortium boosts Sacramento banking innovation

BankInovation

A recently launched fintech consortium in Greater Sacramento is already generating partnerships between local technology providers and financial institutions.

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Zippin Raises $12M To Accelerate Cashierless Store Launches

PYMNTS

Zippin, a cashierless checkout technology company, has raised $12 million in a Series A funding round, according to a release. The company, which was founded in 2015, uses artificial intelligence (AI), computer vision and sensor technology to provide a 100 percent cashier- and checkout-free experience.

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Retail Pulse: Mattress Firm Mulls Bankruptcy; Walmart Plans Robotic Grocery Pickup

PYMNTS

Brick-and-mortar retailers have sought to reduce their retail footprint in hard times, and Mattress Firm, Inc. Steinhoff International Holdings NV, which acquired the company in 2016, has reportedly sought to restructure some of its subsidiaries’ debt. is no exception.

Retail 105
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Grocery Stores Shutter In-Store Pharmacies

PYMNTS

Also, the large hand of big pharmaceutical companies has had an influence. The trend is indicative of the losses felt by smaller mom-and-pop stores and grocery retailers, as people have tended to order more of their medications by mail or get them in large 90-day supplies. prescription revenues in 2018. prescription revenues in 2018.

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Retail Checkout Takes A Seat

PYMNTS

It’s possible, however, that CVS isn’t sweating it given the somewhat open-ended wording of the court’s decision regarding “suitable seating,” which allows retailers some discretion in determining “the totality of the circumstances” that would make allowing an employee to work while seated a feasible option.

Retail 101
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Today In Data: Unattended Retail, Cross-Border Exposure And Russian Indictments

PYMNTS

90 percent | Portion of payables automation company Tilapti’s customers that have some exposure to cross-border suppliers or service providers, according to CEO Chen Amit. presidential election and eInvoicing’s perks are becoming more widely known. presidential election, according to Friday (Feb.

Data 101
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Amazon Grocery Delivery Expands To 3 New Cities

PYMNTS

When Amazon launched Prime Now delivery for groceries out of its Whole Foods Marketpalce subsidiary, the company turned some heads — and heard some minor complaints, since the service was only initially only available in four markets: Virginia Beach, Austin, Dallas and Cincinnati. Those who need a rushed delivery can elect to pay a $7.99

San Diego 101