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Arkansas credit union taps mobile video banking to reach more customers

Bank Innovation

River Valley Community Federal Credit Union serves 7,200 members out of just two branches in southern Arkansas. Since its membership is spread out across the state and sometimes live as far away as 50 miles from a branch, it rolled out a video banking tool earlier this month to add a more human touch. The […].

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Walmart Pay Won’t Make a Dent in Card Usage, For Now

Bank Innovation

First announced in December 2015, the latest in the mobile wallet pipeline – Walmart Pay – is live as of yesterday to Walmart shoppers at 110 branches in Arkansas and a further 500 in Texas. The feature will be available in all stores “soon,” the company said. Card transactions carry Read More.

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Walmart Forms Company To Sell Insurance Amid Healthcare Push

PYMNTS

The business’ moniker was initially filed late last month in Arkansas with the secretary of state, MedCityNews reported. Walmart opened clinics in Springdale, Arkansas and Loganville, Georgia in June. In addition, the retailer reportedly paid approximately $200 million to purchase key assets from CareZone.

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What banks can learn from Wal-Mart

Chris Skinner

were put in charge of Wal-Mart’s entire domestic e-commerce operation, overseeing more than 15,000 employees in Silicon Valley, Boston, Omaha, and its home office in Arkansas. Even more astonishing, Lore and his management team in Hoboken, N.J.,

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Walmart Revs Up Second Test Program For Drone Delivery

PYMNTS

The latest news has Walmart launching a drone delivery operation near the company’s headquarters in Northwest Arkansas. For the second time in the past week, the retailer has announced a pilot program to test how well drones will pick up and deliver packages.

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Walmart Reduces Corporate Workforce With Layoffs

PYMNTS

Our goal is to deliver that experience while increasing innovation, speed and productivity,” she continued. Four such clinics currently exist: one in Arkansas and three in Georgia. . “Our customers want to have a seamless experience whether they’re shopping in our stores, using our app or shopping online.

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Walmart Pushes Digital Innovation During Investor Day

PYMNTS

Doug McMillon started his presentation for Walmart’s annual investor meeting in Bentonville, Arkansas by saying he wanted to “challenge your thinking about Walmart.” ” “We are getting to reimagine retail and our business … expect us to test a lot and fail a lot,” he said.