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Report: Layoffs Coming To Mall Owner Brookfield Properties

PYMNTS

Brookfield Properties Retail Group CEO Jared Chupaila delivered bad news to his employees this week. The Chicago-based real estate company with among the nation’s largest portfolios of retail is laying off 20 percent of its workforce. The retail industry has been hit especially hard by the pandemic.

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BofA Consumers Can Add Credit, Debit Cards To PayPal From Mobile Banking App

PYMNTS

It’s all about providing our customers the most convenient and secure payments experience possible,” said Mark Monaco, head of Enterprise Payments at Bank of America, in a press release announcing the integration. “As At the same time that Bank of America is embracing digital payments, it’s also expanding its retail footprint.

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Five At Five: Amazon Expands Food Deliveries

PYMNTS

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. But a former Toys R Us CEO, Jerry Storch, has reportedly been at work on a plan with bankers and investors to revive the retailer.

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5G, Biometrics Lead The Way At Mobile World Congress

PYMNTS

Indeed, new evidence recently emerged about the deployment of the latest generation of mobile technology – one that promises to bring significant changes to retail and payments thanks to bandwidth expansion and faster processing, along with new challenges and questions as early 5G case studies loom. 5G Expansion. cities by the end of 2019.

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Stepping Into 21st Century Hospitality With Apartments And Technology

PYMNTS

Beyond Frontdesk, Mint House aims to deliver a hotel-like experience that is trusted and secure as well as built on a suite of amenities powered by technology. The company is currently in markets including Nashville, Miami, Denver, Detroit and Indianapolis, and is coming soon to San Diego and Minneapolis as of a PYMNTS report in May.

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121 Of The Biggest, Costliest Startup Failures Of All Time

CB Insights

The startup, which was established in 2008, privately raised $185 million before its $100 million initial public offering was blocked by the Australian Securities Exchange last year. So its secured lender, which [founder Scott] Jones didn’t name, recently emptied ChaCha’s bank accounts. via Business Insider. via Forbes.

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