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Listen: Opportunities in crypto for banks, FIs

BankInovation

This is the message from Lawrence Pruss, senior vice president at Memphis, Tenn.-based based Strategic Resource Management (SRM) in this episode of "The Buzz" […].

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SoftBank’s Vision Fund 2 Prepping Future Investments

PYMNTS

Sources have said that the Japanese conglomerate is reportedly in talks about funding Alto Pharmacy , a pharmaceutical delivery startup; Creator , which is focused on robotic burger-making; and Memphis Meats, a maker of lab-grown meat. It is still raising money for the new fund, which is expected to be larger than its first Vision Fund.

Memphis 100
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SoftBank’s Vision Fund 2 Could Back Burger Maker, Pharma Delivery Firm

PYMNTS

Sources have said that the Japanese conglomerate is reportedly in talks about funding Alto Pharmacy , a pharmaceutical delivery startup; Creator , which is focused on robotic burger-making; and Memphis Meats, a maker of lab-grown meat. It is still raising money for the new fund, which is expected to be larger than its first Vision Fund.

Memphis 100
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FedEx Eyes Stake In Germany’s Hermes Delivery Service

PYMNTS

The Memphis-based delivery company has instead seen a massive upswing in low-margin personal home deliveries as people start to shift to eCommerce during the pandemic. FedEx acquired TNT Express in 2016 for boosting its B2B shipments, and Last Mile Experts Managing Partner Marek Ró?ycki

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Fixing Meal Delivery By Ditching The Subscriptions 

PYMNTS

Other popular reasons to bow out of meals on subscription include the service being too complicated to manage, recipes being too limited or having learned how to cook from using the service and no longer needing it. So far the only city it has launched in is Memphis — though Nashville and eventually urban areas across the U.S.

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Mall Vacancies At Highest Level In Eight Years

PYMNTS

But 24 cities experienced vacancy rates that exceeded 12 percent, with the inclusion of Buffalo, Memphis and Albuquerque. GlobalData Retail Managing Director Neil Saunders said, according to the report, “It’s definitely a concern because there [aren’t that many retailers that will want that amount of space.”

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FedEx Offers $40K-$110K Bonuses To Keep Pilots Flying

PYMNTS

According to news from Reuters , two senior FedEx managers revealed that the company has offered cash bonuses to keep retiring pilots in the air through the holiday shipping season that goes from Thanksgiving to the end of the year. While the company might be set for this year, problems could arise in the near future.

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