Walmart Associates Train For Black Friday With Virtual Reality

PYMNTS

To enhance the training of its employee associates, Walmart is investing in virtual reality (VR) to help employees experience retail situations like the Black Friday rush. Retail Black Friday employee training News Oculus virtual reality walmart What's Hot

Walmart To Offer VR Training For All Employees

PYMNTS

Walmart has announced it’s expanding it virtual reality (VR) employee training and development program to its more than 1 million associates in the U.S. Starting next month, four Oculus VR headsets will be sent to every Walmart supercenter and two units to every Neighborhood Market and discount store, giving every associate access to the same training that managers and department managers receive at the Walmart U.S.

Cubic Expands Contactless Payment System To Sydney Trains

PYMNTS

Cubic Corporation announced Monday (November 26) that its Cubic Transportation Systems unit and Transport for New South Wales will expand the contactless payment system to cover Sydney’s train network.

Credit Unions Jump On The FI-FinTech Collaboration Train

PYMNTS

One of the biggest ways FinTech firms have been able to gain a competitive edge on traditional banks, for small business (SMB) customers, is through relationship-building. Banks are shuttering their physical branch locations at the fastest pace in years, according to The Wall Street Journal ( WSJ ).

Riding The Blockchain Train, Together

PYMNTS

Blockchain has come a long way over that last few years. Since bursting onto the scene as the rails guiding the fast-growing and mysterious cryptocurrency known as bitcoin, blockchain has become an accepted and important part of the financial infrastructure.

Amazon Launches Job Training Program In Seattle

PYMNTS

Amazon is partnering with nonprofit organization FareStart to launch a job training program in Seattle’s South Lake Union neighborhood. The initiative will also bring five new eateries to Seattle, which will serve as the training location for those enrolled in the program and help people in entry-level foodservice jobs attain the skills needed to earn a higher income. Amazon’s generous support will help us train more people to fill those vacant positions.”.

More Sales Training? Think Again

MZ Bierly Consulting, Inc.

So what if you allocated more of your sales training budget to your bank’s sales managers, taking some of what you currently spend on programs for your front-line sales team and investing more in their coaches? Sales management training is an afterthought, usually included after the Training Director or outside consultants insist on a (very abbreviated) Executive Overview so that sales managers “know what’s being discussed” in the sales training sessions.

Target Trains Its Bullseye On Millennials With ‘Smartly’ Brand

PYMNTS

Target is rolling out a new discount brand, dubbed Smartly, intended to appeal to millennials. The line will include the kinds of household essentials that they might need in their apartments or starter homes, like dish soap and toilet paper.

Comerica Bank Turns to Virtual Reality to Train Employees

Bank Innovation

Comerica Bank’s innovation team thinks so, which is why the bank is using virtual reality to train its employees, or “dabbling in futurism,” as Geoff Novak, Comerica’s senior technology and innovation executive, calls it. “A

Goldman Sachs’ Cybersecurity Training Utilizes War Games

PYMNTS

Goldman Sachs is using cyber security war games so that its technology staff will better learn how to fight and prevent threats that could harm the bank and its clients. According to the Financial Times , Goldman is the first financial institution to sign up with U.K.-based based Immersive Labs , which offers learning tests and war games on cyber threats.

Today In Data: Jumping On A Fast-Moving Digital Payments Train

PYMNTS

The trouble with a fast-moving train, however, is that jumping on and holding on can be tricky – and consumers and businesses can sometime struggle to be fully aware and caught up on those advances.

3 Steps for Creating a Bank Sales Training Course

Bank Innovation

A simple walkthrough on creating a bank sales training course. See how to train and assess communication skills through dialogue simulations. Sponsored Technology simulation TalkMaster

Course 151

APIs is all about trains, ships and standards

Chris Skinner

It was a fun meeting and covered the in’s and out’s of closed versus open APIs, the implications of allowing Trusted Third Parties (TTPs) access to the bank’s … The post APIs is all about trains, ships and standards appeared first on Chris Skinner's blog. We had a meeting of the Financial Services Club in Oslo last night, talking about the Payment Services Directive 2 (PSD2) and Open APIs (Application Program Interfaces).

Retail Pulse: Nike Opens Digital-Powered Flagship; Walmart Taps VR Tech For Training

PYMNTS

Big brands are opening big stores in big cities, but Nike is taking a decidedly digital approach with its New York City flagship: that is, the customer payment and shopping experience in the new space is powered by mobile technology.

Marketplace Sellers Drive Amazon’s Q2 Profit Train

PYMNTS

Another quarterly earnings reports, another rush of pleased Amazon investors hurrying to boost the stock in after-hours trading — Amazon stock jumped 4.1 percent in after-hours trading, despite notching the rare miss on revenue expectations. Profit expectation doubled analysts’ forecasts, which helped instill confidence, as did continued strength in the Amazon Web Services business and emerging strength of its advertising business. Moreover, R.J.

Can The Insurance Industry Get Aboard The Faster Payments Train?

PYMNTS

When Hurricane Matthew’s Category 5 bluster wreaked havoc on U.S. homeowners this fall, thousands were forced to seek shelter far from home, only to later return and find their homes destroyed or severely damaged by the storm.

Merchants Hop Aboard The (OmniReadi) Train

PYMNTS

Merchants of all shapes and sizes are going after omnireadiness at full throttle these days. According to the Q4 2016 PYMNTS OmniReadi Index™ , being OmniReadi is no longer a priority for just the top-performing merchants.

Merchants Hop Aboard The Mobile (Optimized) Train For Conversion Success

PYMNTS

Amazon has really trained us,” Barker said. And now, with the rollout of Amazon Prime Now, which delivers products in a day’s time at no extra cost to Prime members, the retail giant is training consumers to believe that they should get products as quickly as possible without having to pay for them, he said. “It’s Keeping hands off a mobile phone, it appears, is no easy feat.

Amazonian warriors’ bows trained on banks

Matt Wilcox Pro

A recent Fiserv survey confirms—among other insights—that trust remains a primary driver behind the public’s preference for bona fide banks over non-bank alternatives.

FREE SALES TRAINING!

Payments

In exchange for your email, Tony will send you a short sales training video a week for a... The post FREE SALES TRAINING! Tony Morris, one of the UK’s leading sales trainers, has offered potential clients an amazing deal.

Using Algorithmic Models To Train Your Bank Staff

Banker to Banker

One problem with training bank staff is the proverbial “Man with a hammer syndrome.” The problem is that bank staff needs to be trained with new mental (or physical) models so that they have more tools than just a hammer.

Studies Link Training to Innovation in the Workplace

ABA Community Banking

Recent data on training and how it relates to innovation draws a few interesting conclusions Bank Performance Financial Research Human Resources Feature Management Financial Trends Performance Tech Management Feature3. 1Management

Training matters. High-impact training matters more.

CU Insight

The right training unifies a credit union: employee-to-employee and branch-to-branch , enhancing member experiences at every level. But, not all training is equal in quality and effectiveness. What credit unions should consider is training that gains a unified base of knowledge , creating a common vision and shared strategies, practices and expectations. Only proper training can do all that. Training should stress how internal support for members is paramount.

How FIs Can Train Human And AI Employees To Work Together

PYMNTS

Along the way, training employees to work with new systems is not always easy — especially if they have to learn multiple new systems in a short span of time as their employer overhauls the organization’s functions and roles. Training People and AI to Work Together. It is much better to conduct training on the go, right in the work environment where the employee can apply the new skill immediately, hands-on.

Amazon’s Uncharted Territory And Travels On Indian Trains

PYMNTS

Ang Hin Kee, NTUC assistant secretary-general, said that technology might come to the rescue of food delivery suppliers in the form of autonomous vehicles, and delivery drivers might be able to run autonomous fleets if they have access to employer or independent training. Domino’s Pizza On Indian Trains … Are Those Olives Or Cockroaches? Next, base kitchens will be established in major stations where the food companies can prepare freshly cooked food for delivery on trains.

Breach danger requires new payments system training

Payments Source

There is a growing need for professionals who install and support merchant payment systems to be aware of and trained on critical security controls, writes Mauro Lance, chief operating officer of the PCI Security Standards Council. ISO and agent Retailers Data breaches PCI DSS PCISSC

Idea Exchange: Bloomberg and Reuters financial journalism training

Bankelele

Bloomberg: The Bloomberg Media Initiative Africa Financial Journalism Training program has resumed. After four years of training financial journalists in Kenya, South Africa and Nigeria, the BMIA now moves on to Ghana, Zambia, Tanzania, Cote d’Ivoire and Senegal.

UK Rail Operators Solving Problems, But Can They Make The Trains Run On Time?

PYMNTS

Another rail traveler, this time from northern England, complained that complex ticketing rules that did not integrate bus, trains and trams, the inconvenience of non-running trams and park-and-ride options that were often not an option because parking lots quickly reach capacity early in the morning by those who live in-town had forced him also to commute by car. Ah, data on train performance, well, now we’re getting somewhere! Driver-only trains are already widespread in the U.K.,

Ethics and Compliance Training: It’s Getting Better All the Time

ForwardBanker

For those of us who work in Corporate America, whether it be at a financial institution or any other company, ethics and compliance training is a familiar, and often mundane, part of our job responsibilities. Training historically has been designed to ‘check the boxes’ and provide the required information but rarely does it engage the. The post Ethics and Compliance Training: It’s Getting Better All the Time appeared first on Deluxe FS.

Smart Card Alliance opens Washington, DC-area training center

Mobile Payments Today

The National Center for Advanced Payments and Identity Security in Crystal City, Virginia, will be a permanent facility for live educational activities hosted by SCA

DC 130

Why Training Matters When It Comes To Selling In Financial Services

Perficient Financial Servies

Properly trained employees can help keep companies regulatory-compliant, increase sales, and gain the trust of customers and prospects. Financial services companies should have established standard operating procedures and training materials for all levels of employees, with oversight by managers. These training materials should stress the importance of ethical practices and provide employees with clear details regarding what is considered good or bad conduct.

Bank Managers: Triple your sales training ROI with one question

MZ Bierly Consulting, Inc.

Guest Blog Post by Gregory LaMothe, President of Action Systems Training. Many years ago I worked for a sales training consulting firm, and like all such firms we had a number of “shelf” programs for Business, Commercial and Corporate Banking. Does it surprise you that people don’t volunteer to change behavior following training? Now let’s talk about your investment in training your team.

Bank Managers: Triple your sales training ROI with one question

MZ Bierly Consulting, Inc.

Guest Blog Post by Gregory LaMothe, President of Action Systems Training. Many years ago I worked for a sales training consulting firm, and like all such firms we had a number of “shelf” programs for Business, Commercial and Corporate Banking. Does it surprise you that people don’t volunteer to change behavior following training? Now let’s talk about your investment in training your team.

The Link Between Training and Innovation

ABA Community Banking

In actuality the benefits go beyond that and into a corporate culture of innovation Bank Performance Human Resources Feature Management Technology Performance Feature3 Survival Strategies Fee Income. 1Management

Don’t worry about training your staff and having them leave – worry about not training them and having them stay

Long Lasting Ideas

I’ve written before about the need for financial institutions to train their sales associates. Continue reading Don’t worry about training your staff and having them leave – worry about not training them and having them stay at Bank Marketing Strategy + Ideas.

3 AWFUL Excuses For Not Training Your Employees

Your Full Potential

But I must admit that I hear some pretty lame excuses from people that don’t think training or professional development are important. Here are 3: Why should we hire consultants or trainers from the outside when we can do all of the training in-house? Training costs too much. If we provide all of this training, our best employees will just leave for better opportunities. “You don’t build a business.

Red Robin Jumps On Board The Digital Ordering Train

PYMNTS

While food chains like Starbucks and Domino’s Pizza have started to rev the engines of on-demand digital restaurant ordering, more players are starting to enter the arena. Red Robin Gourmet Burgers is moving into the tech space with its first-ever digital ordering platform. It may be safe to say that most consumers don’t view fast-food chains as sit-down restaurants.

Amazon Go and the unstoppable automation train

Daily Fintech

My mother likes to tell me a story about how when she finished school, the sum total of her mother’s aspirations was for my mother to get a job in the local can factory.

Amazon Go and the unstoppable automation train

Daily Fintech

My mother likes to tell me a story about how when she finished school, the sum total of her mother’s aspirations was for my mother to get a job in the local can factory.

Confidence Trumps Sales Training EVERY Time

The Emmerich Group

Thousands of bank executives are waking up saying, “SALES training! It’s SALES training we need.” Sales training is fine, but it’s NOT what you need to solve your problem and create a sustainable solution. You don’t have a sales training issue…you have a confidence issue.

International Training Trips May Signal a Corporate Governance Problem

Keith Leggett's Credit Union Watch

If your credit union board members are rewarding themselves through international or luxury training trips or other perks that are not available to other members of the credit union, your credit union may have a corporate governance problem. She posed the following question: Are Board members rewarding themselves through international or luxury training trips or other perks not available to other members of the credit union?

Banking’s response to #MeToo: Training employees to speak up

BankThink

Some are ditching old training sessions and trying new things like coaching witnesses on how to report demeaning behavior. Women in Banking Sexual harassment Corporate ethics Workplace culture Training Regional banks Regions Bank Ally Financial Wells Fargo CIT GroupStrong policies against sexual harassment appear to be a factor in shielding banks from the public shamings that have occurred in other industries, but even they know they can’t get too complacent.

Compliance training by role vs. by reg

ABA Community Banking

Need-to-know relevance focus of new BAI courseware Compliance Compliance Management. 1Compliance