Remove Arkansas Remove Innovation Remove Marketing
article thumbnail

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.

article thumbnail

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.” As for the total responses, investors didn’t seem much fazed by the reduced earnings, as shares fell by 2 percent in pre-market trading, but were up 2.1

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Walmart Thinking Small When It Comes To Tech

PYMNTS

After several years spent trying to infuse its multi-billion dollar business with more forward-thinking concepts with mixed results , last week, the retail giant announced that it will be conducting what amounts to an open call for tech innovation. Biometrics are another avenue along which Walmart may have its innovation sights set.

Retail 100
article thumbnail

Congress Presses Fed On Real-Time Payments Plan

PYMNTS

The Federal Reserve’s buildup to faster payments innovation came to a head in August when it announced FedNow , its proposed real-time payments infrastructure under the draft Payments Modernization Act of 2019. That seems like a lifetime in this business,” said Congressman French Hill of Arkansas. payments ecosystem.

Payments 174
article thumbnail

Walmart Names Ex-Amex Exec As Chief Customer Officer

PYMNTS

In addition, Barbara Messing will take the helm as Walmart’s chief marketing officer in August, taking the place of Tony Rogers, who has moved to Walmart’s Sam’s Club. While Whiteside will be based in Jet ’s home state of New Jersey, Messing will work out of Walmart’s hometown of Bentonville, Arkansas.

Arkansas 100
article thumbnail

How Food Delivery Platforms Can Move Beyond Big City Takeout

PYMNTS

But he realized that there was something lacking in small markets like his at the time — big food delivery players such as Grubhub. Then he moved to another smaller market — Lake Charles, Louisiana — and realized there was a potential for food delivery outside big cities. In all, he identified 422 cities as potential markets.

Louisiana 122
article thumbnail

Southern Bancorp is building wealth for everyone

Independent Banker

Darrin Williams, an attorney and former Arkansas state representative, wasn’t interested when Southern Bancorp, Inc. Williams notes that this often occurs in minority and/or economically distressed markets: Some banks might provide deposit accounts for individuals but then deny them a loan. By Judith Sears. Name: Southern Bancorp.