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Why a community bank in Missouri is investing in core banking startup Neocova

Bank Innovation

Elizabeth, a Missouri-based community bank with $150 million in assets, investing in a core banking startup is critical for its future. For Brice Luetkemeyer, president and CEO of Bank of St. Together with a group of other community banks, Bank of St. Elizabeth recently invested in Neocova, a St.

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First US non-Amazon-owned grocer to use palm-scanning tech

Payments Dive

The retail giant is serving as a technology vendor to an independent grocer reopening soon in Kansas City, Missouri.

Insiders

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Apple To Reopen Approximately 100 US Retail Locations

PYMNTS

Apple , which runs 510 retail locations throughout the globe, intends to open roughly 100 U.S. Apple will reportedly open stores again this week in Georgia, Florida, Texas, Utah, Arizona, Nevada and Missouri, among other states. stores this week. Apple’s locations, for their part, many times anchor key shopping centers or areas.).

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Amazon One Lets Consumers Pay With Their Hand

PYMNTS

If it’s a hit with users, Amazon plans to bring it to other retailers as well as performance venues and the nation’s offices. Dilip Kumar , Amazon’s vice president of physical retail, told the network the technology had been in the planning stages long before the pandemic. “I

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Today In Data: Digital Ordering For QSRs, Retail Closures And High Cyber Fraud

PYMNTS

Today in PYMNTS’ data, fast food chains are reporting consumer satisfaction following implementation of mobile order-ahead offerings, retail stores are closing at a near-record pace, “unthinkable” numbers of executives share their companies have experienced cyber fraud, real-time faster payments finally make their way to the U.S.

Fraud 101
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As The Online Tax Man Cometh, Will Smaller Retailers Embrace Marketplaces?

PYMNTS

The ruling meant that online retailers could be mandated to collect sales tax — and taxes can be levied by states on firms that do not have physical presence in those states. One consideration is the fact that economic presence within a state means that retailers have to collect and remit taxes in those states.

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Facebook Tracks In-Store Purchases To Create Targeted Ads

PYMNTS

Facebook is using purchase data from retailers to gather information about what people buy in physical stores, Business Insider reported on Monday (Dec. Retail companies are sending Facebook its customers’ names, contact information and details about purchased items, so the social media giant can target ads accordingly.