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Popular Bank Implements Branch Realignment in the New York Metro Region to Enhance Focus on Communities and Small Business Support

PopularBank

Popular”) (NASDAQ: BPOP), bank holding company of Popular Bank, today announced Popular Bank’s strategic realignment of its New York Metro branch network. The branch closures, which are expected to be completed simultaneously by January 29, 2021, are projected to reduce annual operating expenses by approximately $13 million.

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Visa, Planeta Team Up on Speedier Contactless Mass Transit Payments

PYMNTS

25) that they have launched new technology that speeds contactless payments for mass transit and lowers the cost for transit organizations and operators to offer that payment option. Visa and Planeta said on Monday (Feb.

Payments 142
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In The Park. At A Kiosk. Using Digital Payments. Buying $1.6K Designer Jewelry.

PYMNTS

In response, unattended retail operators are finding new ways to embrace alternative payment methods, ranging from mobile wallets to cryptocurrencies. For many retailers, vending machines have become a critical part of the customer experience. It’s not just froyo and metro tickets being offered up by vending machines, however.

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Online B2B Marketplaces See New Funding Rounds 

PYMNTS

Ratelt operates as a real-time customer experience management platform, according to reports. The company has expanded from Australia to southeast Asia and clients include Lego, Metro, Pandora and others. The firm, Infra.Market, raised the money in seed funding from Accel.

Online 179
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How A Retail Incubator Could Produce The Next Big Innovation

PYMNTS

To learn more about how these incubation efforts work and the benefits they can bring, PYMNTS recently caught up with Chris Ostoich, co-founder of LISNR, a company taking part in the METRO Target Retail Accelerator , certified by Techstars. Customer Journey.

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Grocery Round-Up: SNAP’s Delivery Expansion, Amazon’s No Charge Pick-ups And The Store Building Binge

PYMNTS

Consumers may be converting to digital shopping methods, but physical grocery stores are still opening, with Amazon , Whole Foods and ALDI all making plans to cut the ribbon on new brick-and-mortar sites in Chicago and other major metros nationwide. channel performance at Ipsos noted in a statement.

Arizona 170
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Retail Pulse: goop Finds Stickiness In New York, Opens ‘Lab’; Nordstrom To Offer Early-Bird Pickup

PYMNTS

New York City seems like a natural fit for the company’s second permanent store, as goop Chief Revenue Officer Kim Kreuzberger told Glossy that 12 percent of the company’s online sales come from the New York metro area (more than San Francisco and Los Angeles).

New York 116