article thumbnail

Oregon-Based Simple Bank Laying Off Nearly 10 Percent Of Workforce

PYMNTS

Portland, Oregon-based online bank Simple reduced its workforce by nearly 10 percent earlier this week, marking its second round of layoffs in 2017. We have been focused on growth instead of innovation,” wrote Josh Reich, Simple ‘s chief executive officer and co-founder, in a blog post cited by the news report.

Oregon 109
article thumbnail

7-Eleven Launches Beer Delivery In Select US Markets

PYMNTS

” According to Fortune , the company will test the service in 18 markets: Austin, Texas; Charlotte, North Carolina; Chicago, Illinois; Dallas-Ft. We’re always looking to innovate and disrupt,” Singh said. Convenience store operator 7-Eleven is launching beer and cider delivery in select U.S. Louis, Missouri; and Tampa, Florida.

St. Louis 129
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Legal Cannabis Retail Innovates Its Way Around Payments Knot

PYMNTS

Legal marijuana may have a massive payments problem, but that’s not stopping retail innovation in perhaps the newest area of legitimate commerce in the U.S. It’s something to watch a young industry develop — look for more retail innovation even as the payments part of the equation continues to be a challenge. and Canada.

Retail 121
article thumbnail

i2c, Sightline Team Up For Cashless Cross-Channel Gaming 

PYMNTS

Its client roster includes MGM Resorts, Caesars Resorts, and Hard Rock Hotel and Casino; the Oregon and Pennsylvania state lotteries; Churchill Downs; Golden Nugget online; and DraftKings, FanDuel, William Hill, and Rush Street sports, among others. Founded in 2010, Sightline has experienced 744 percent revenue growth since 2015.

Oregon 232
article thumbnail

Fabletics Announces Brick-and-Mortar Expansion

PYMNTS

With the brand’s proprietary digital platform and 1 million-member base in place, Fabletics said it uses deep customer insights and enhanced market data to determine the most strategic locations for its retail locations. Less is more,” Dustin Netral, SVP of operations for Fabletics, said in a press release.

San Diego 190
article thumbnail

Kroger Expands Home Chef Meal Kit Offerings To New Stores

PYMNTS

“With continued innovation and personalization, we are providing customers with more ways to enjoy fresh, delicious meals that align with their individual tastes.”

Ohio 116
article thumbnail

Bitcoin Daily: Ant Financial Starts Pilot For SMB Blockchain Network; Wyoming Announces Regulations For Crypto Custodians

PYMNTS

“While the blockchain is open to developers and institutions from all over the world, we will be cautious in terms of selecting nodes on the platform,” Jieli Li, senior director of technology and business innovation at Ant Financial, said in reports. This is the company’s latest move in the blockchain market.

Wyoming 101