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Sainsbury’s Introduces New C-Store Format; SHOWFIELDS To Open In Miami

PYMNTS

Brick-and-mortar retailers are opening smaller-scale locations packed with technology designed to meet the needs of shoppers in cities. The retailer said that “almost 90%” of the selections in the store were chosen to meet the needs of Mansion House customers. SHOWFIELDS will open a new location in Miami in 2020.

Miami 130
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Bertha Rozier appointed to lead Popular Bank Retail and US Transformation

PopularBank

Popular Bank is thrilled to welcome Bertha Rozier as SVP of Retail and US Transformation. Based in New York, Bertha will oversee our retail business, leveraging her experience leading multi-disciplinary business units and her expertise in marketing, product, and customer experience.

Retail 52
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US DOJ Charges 14 With $28M In PPP Fraud

PYMNTS

Mckenzie, 38, of Miami Gardens, Florida; Andre M. In Arkansas, a project manager employed by a major retailer has pleaded guilty to bank fraud charges for filing fraudulent bank loan applications seeking more than $8 million in PPP loans. In Florida, nine defendants have been charged in the U.S The defendants include Damion O.

Fraud 276
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Car Vending Machine Company Carvana Goes Up Against Wall Street

PYMNTS

billion, on an 82 percent increase in retail sales. That is the most organic growth of any automotive retailer ever in the U.S. This year we expect another year of market-leading growth. Our cohort growth was broad based with many markets crossing key milestones.”. New Markets. In 2019, we increased GPU by $750.

Company 130
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NCR’s D3 Combines With Nymbus To Enable Banks’ Digital Offerings

PYMNTS

Miami-based NYMBUS announced the licensing of NCR’s D3 Digital Banking platform (D3) to give financial institutions the opportunity to quickly offer customers new brands, the FinTech announced in a press release on Monday (Oct. NYMBUS, a provider of cloud-based core technology for financial institutions, was founded by Scott Killoh in 2015.

Miami 109
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Adyen Partners With Mi9 For Merchant Payments Solution

PYMNTS

Adyen has announced it is partnering with omnichannel retail solutions provider Mi9 Retail to allow merchants to accept payments through Adyen’s payments platform. The integrated point-of-sale and payments solution will benefit customers at the more than 450 worldwide retail businesses serviced by Mi9 Retail.

Payments 100
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5 New Year’s Resolutions For Any Sized Bank That You Must Get Right in 2023

South State Correspondent

While the current growth rate needs to be left to each bank based on their capital cost, market, and risk tolerance, the general guide is that growth should be in the 3% to 5% range for this year. When offering a higher money market or CD rate, the direct damage done to cost of funds is often the least of a bank’s worries.