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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 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. The retailer is said to have active postings for licensed insurance agents and Medicare sales supervisors that read, “Yes, you read that right, Walmart now has an insurance agency.”.

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What banks can learn from Wal-Mart

Chris Skinner

A recent acquisition spree including Jet.com gives the retail giant much-needed digital chops by Brad Stone and Matthew Boyle from Bloomberg Business Week Last summer, Marc Lore, founder and chief executive officer of e-commerce startup Jet.com Inc., Even more astonishing, Lore and his management team in Hoboken, N.J.,

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Walmart Reduces Corporate Workforce With Layoffs

PYMNTS

Walmart has reduced its workforce by laying off hundreds in its logistics, real estate and retail location planning divisions as it simplifies its business and reduces its expenses, Bloomberg reported, citing unnamed sources. Our goal is to deliver that experience while increasing innovation, speed and productivity,” she continued.

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Walmart Revs Up Second Test Program For Drone Delivery

PYMNTS

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. The latest news has Walmart launching a drone delivery operation near the company’s headquarters in Northwest Arkansas.

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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. to $4.80, down from $4.90

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Gatik Partners With Walmart For Autonomous Vehicle Deliveries

PYMNTS

People in Arkansas can now get groceries delivered via a new Walmart pilot with Gatik using self-driving cars that include a human safety driver behind the wheel. million in seed funding in June led by Innovation Endeavors, with Dynamo Venture Capital, AngelPad, Fontinalis Partners and Trucks Venture Capital also participating.

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