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Pier 1 CEO Steps Down

PYMNTS

Smith, who has led the home furnishings retailer for about 10 years, will step down as president, CEO and a member of the company’s board as of Dec. In a statement announcing the news, Pier 1 said it would exercise its “existing succession planning process” and work with the executive search firm Korn Ferry to find a new CEO.

Exercises 100
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Amazon Focuses On Fulfillment After Another Record-Setting Quarter

PYMNTS

Amazon earnings announcements in 2020 have become an exercise in financial superlatives. It was almost a given that the company would post another such exercise for the third quarter as the pandemic has driven consumers online, 44 percent of which it lays claim to. It did not disappoint. In Q2, Amazon set aside “$4.0 billion in Q3.

Exercises 135
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Drone Delivery Makes Steady Progress

PYMNTS

And while the risk equation has not changed, pressure to address an existential threat (COVID-19) combined with a mandate for leadership has opened minds and incentivized decision makers to consider not just the risks, but also the benefits. “Society has begun to see a benefit from drones.

Virginia 168
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Visa Award Winner AiFi Plans Checkout-Free Grocery Stores

PYMNTS

AiFi emerged victorious from a field that included more than 900 submissions (of note, 71 percent of participants had at least one woman on the leadership team), an achievement that comes with a $50,000 prize and a potential partnership with Visa. Pilots On The Horizon — And Amazon, Too. That’s the vision.

Exercises 104
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Reinventing the client advisor interaction model is the future of wealth management

Insights on Business

We’re beginning to see investment advisory firms expand their brands into non-financial areas such as nutrition, health, wellness and exercise, forming complete centers of influence for their clients. Thus, transforming financial institutions and their advisors into complete centers of influence for their clients.

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The Whole Paycheck Tracker: HQ Enhancements, Empathetic AI And Special Guest Bernie Sanders

PYMNTS

While wearables are able to track all kinds of things about their wearers — how much they exercise, when they are sitting or standing or how regular their sleep habits really are — they aren’t renowned for their ability to sense how their wearer is feeling emotionally speaking. AI Enhancement: A Wearable That Feels Your Pain.

New York 109
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CFPB Winter 2019 Supervisory Highlights focuses on deposits, mortgage loan servicing, and remittances

CFPB Monitor

Although issued under Director Kraninger’s leadership, the Winter 2019 Supervisory Highlights covers examinations generally completed between June and November 2018 when Mick Mulvaney was Acting Director. It represents the CFPB’s second Supervisory Highlights covering supervisory activities conducted under Mr. Mulvaney’s leadership.

Taxes 68