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How TBC Bank Created a Neobank Called ‘Space’ in Just 8 Months

Bank Innovation

For a digital bank, time to market is one of the most important innovation mandates. For Lasha Gurgenidze at Tbilisi, Georgia-based TBC Bank, this mandate combined with low operational costs were the two fundamentals he and his team followed in launching TBC’s digital-first Space Neobank. “We

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Healthcare Disruption Brings More Impact To The Retail World

PYMNTS

In the meantime, the digital, mobile, delivery and other innovations that are taking place in this sector are also promising to impact retailers and the consumers who shop not only with mom-and-pop stores but with the bigger chains. The latest example of that comes from one of the biggest retail chains out there — Walmart.

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Walmart Forms Company To Sell Insurance Amid Healthcare Push

PYMNTS

The retailer is said to have active postings for licensed insurance agents and Medicare sales supervisors that read, “Yes, you read that right, Walmart now has an insurance agency.”. The retailer has also formed a collaboration with an upstart called Capital Rx that offers current information on prescription prices.

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Retail Pulse: Walmart Provides Health Career Path; Inspire Brands To Buy Jimmy John’s

PYMNTS

Brick-and-mortar retailers are expanding their efforts to provide customers with health and wellness services while taking steps to train their employees for healthcare roles. said in the announcement about the offering, “Walmart aims to be the market leader in providing retail workers a path to careers in growing fields like healthcare.

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Walmart Reduces Corporate Workforce With Layoffs

PYMNTS

Walmart has reduced its workforce by laying off hundreds in its logistics, real estate and retail location planning divisions as it simplifies its business and reduces its expenses, Bloomberg reported, citing unnamed sources. Our goal is to deliver that experience while increasing innovation, speed and productivity,” she continued.

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LendingPoint Unveils Retail Financing Platform

PYMNTS

To help merchants and other service providers convert more consumers at the point of sale, LendingPoint has unveiled LendingPoint Merchant Solutions, a platform that will provide fully integrated one-stop retail financing, the company said in an announcement.

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Whole Paycheck Tracker:?Walmart And Amazon?Battle Resumes As Retail Embraces ?The New Normal?

PYMNTS

The world of retail might not be quite getting back to normal, but people are starting to pick up some pieces of their old day-to-day lives again. A few big-ticket purchases of digital apparel retailers like ModCloth and Bonobos didn’t turn out as planned. Innovation Add-On of the Week: Amazon Embraces Supply-Chain Blockchain .

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