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Verizon 5G Network Launch Foreshadows Mobile Commerce Changes

PYMNTS

Score one for the Midwest: Verizon said this week (March 13) it will launch its 5G network in Chicago and Minneapolis on April 11. The announcement from the mobile network provider serves as the latest demonstration that 5G is coming, and that retailers and payment services providers should get ready to operate in the 5G world.

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More Retailers Are Checking Into Hotels In Search Of Innovation

PYMNTS

Luxury fitness brand Equinox is set next month to open its first hotel in New York City, “with more on the horizon in Seattle, Houston, Chicago, Los Angeles and Santa Clara, Calif.,” Sure, that might be a relatively brief stunt, but the hotel-retail trend has deeper pull than that, as documented recently by the Washington Post.

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Top 63 Online Digital Banks for U.S. Consumers (Nov 2023)

Fintech Labs Insights

161 $323 21 Branch 357 2015 Minneapolis 222,000 $633 22 Albert 315 2015 LA 1,270,000 $176 23 Current 307 2015 NYC 856,000 $402 24 Greenlight 302 2014 Atlanta 458,000 3.8 161 $323 21 Branch 357 2015 Minneapolis 222,000 $633 22 Albert 315 2015 LA 1,270,000 $176 23 Current 307 2015 NYC 856,000 $402 24 Greenlight 302 2014 Atlanta 458,000 3.8

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Five At Five: Amazon Expands Food Deliveries

PYMNTS

Welcome to Five at Five, your late look at the day’s payments and commerce news. Grocery delivery for Prime members is taking its next great leap forward as Amazon and Whole Foods have announced that Prime Now Grocery is expanding to Chicago, Houston, Indianapolis, Minneapolis and San Antonio.

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Fintech Fundings: 21 Companies Raise $215 Million Week Ending Feb 19

Fintech Labs Insights

ModoPayments scored $2 million for its digital payments platform. B2B payments platform. HQ: Houston, Texas. Digital payments plaform. Tags: Consumer, SMB, payments, merchants, funds transfer, FinDEVr alum. Three Finovate and FinDEVr alums raised new cash and one exited: PayActiv raised $9.2 HQ: Richardson, Texas.

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