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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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FIS to Help Stand Up Digital-Only Banks Within 90 Days

Bank Innovation

The Jacksonville, Fla.-based based company’s Core on Demand service, unveiled today, is built on a cloud-native core processing platform and offers online account opening as well as consumer online and […].

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Retail Pulse: Luxury Brands Eye Airport Retail; Panera Bread Tests Dinner Menu

PYMNTS

These hubs for travel retail, which are providing an audience of on-the-go travelers as U.S. shopping malls are on the decline, are also becoming locations where brands are innovating with products. However, the company’s luxury unit is continually on the uptick — and travel retail is said to be partly responsible.

Retail 101
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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. Biometric Innovation. 5G Expansion.

Mobile 123
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How QSRs Enable Digital Options With Rapid Order-Ahead Growth

PYMNTS

To meet this rising demand, QSRs are tapping into ordering interfaces built into cars and reconstructing stores to make for smoother mobile pickup — along with other innovations. From Chipotle Mexican Grill to Square , QSRs and payment firms alike are enabling a world of ordering innovation.

Mobile 116
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Data Dive, Better Together Edition: Worldpay, FIS, Google, eBay, PayPal, Instagram

PYMNTS

While the competition part of the story is usually where the action is in payments and commerce – who’s ahead, who’s behind, who’s innovating, who’s imitating – sometimes the news isn’t about who is getting ahead, but who is working harder to get there. merchant customers. eBay Drafts Google Pay.

Google 126
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Getting Mobile Ready

Independent Banker

Big-brand megabanks, the Visa and MasterCard networks, and big-box merchants had signed up to become partners with Apple’s universal retail smartphone app that uses Near Field Communication and tokenization technologies. Doug Brown, senior vice president and general manager of mobile for FIS Global in Jacksonville, Fla.,

Mobile 105