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Increasing Digital Banking Options Put Pressure On Big Lenders To Adapt

PYMNTS

According to an August study of digital banking by PYMNTS, banks are closing physical branches, reducing hours of operation and encouraging customers to use their websites or mobile apps to conduct transactions and reduce face-to-face interactions between customers and staff. On Monday (Oct. 5) NCR Corp.

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CarMax Shifts Into eCommerce

PYMNTS

National used car retailer CarMax has announced the launch of a new omnichannel buying experience that will be made available first in Atlanta, Georgia. The Atlanta launch is only the beginning. CarMax is the nation’s largest retailer of used cars and operates nearly 200 stores in 41 states.

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For Visa, She’s Next Is What’s Next

PYMNTS

30 kickoff in Atlanta will include access to experts from Visa and entrepreneurs operating both nationally and globally. Notably, at the Atlanta event, participants from Visa, Square and Yelp will participate in the workshops. An inaugural Jan. For example, Simon said, the Jan. India and Mexico.

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Home Depot Connects Opioid Addiction To Thievery Uptick

PYMNTS

The thefts — which retailers call shrink — will result in lower operating profit margins in 2020, Home Depot executives told analysts and investors during a meeting. Shrink costs retailers about $51 billion each year, according to a report from the National Retail Federation (NRF). Home Depot’s claim is among the first times a big U.S.

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Landry’s CEO Calls For Federal Rules On Reopening

PYMNTS

Fertitta said he thinks what is needed is a federally mandated capacity level detailing to what extent businesses can operate for the rest of the year, CNBC reported. Fertitta said restaurants and other businesses should also be allowed to prorate their rents based on the capacity they’re allowed to operate at.

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Deep Dive: Contactless Payments And Touch-Free Ordering: How QSRs Are Reopening Their Storefronts

PYMNTS

restaurants have permanently shuttered operations, and more than 110,000 anticipated closing their doors in April, according to recent estimates from the National Restaurant Association. Many eateries are thus reimagining their operations to offer guests touch-free ordering and payment experiences. Approximately 30,000 U.S.

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DOJ Indicts Four Chinese Army Spies For Equifax Hack

PYMNTS

The Equifax cyberattack exposed the financial data of almost 150 million Americans and British and Canadian nationals. Four members of China’s People’s Liberation Army – Wu Zhiyong, Wang Qian, Xu Ke and Liu Lei – were indicted on nine counts by a federal grand jury in Atlanta.

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