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Singapore Becomes Hub For Tech Giant Rivalries As Amazon Expands

PYMNTS

Amazon is expanding its operations in Singapore as it grapples with growing competition in a city that is fast becoming a hub for Chinese tech giants and others looking to expand across Asia. The world’s largest retailer is also on a hiring binge in Singapore.

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Can 5G Power Retail Drone Deliveries?

PYMNTS

UPS , too, is going down the drone path – one that Amazon pioneered for retail delivery uses – and is seeking a certification to operate commercial drone flights. It could receive the certification as early as this year, enabling UPS to have one of the first fully certified, revenue-generating drone operations in the country.

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Bank of the West Adds ATMs for Young Customers on the Move

Bank Innovation

Bank of the West recently added 143 ATMs across the Denver and Sacramento metro areas through an agreement with ATM operator Cardtronics. The San Francisco-based bank said it has tripled the number of cash access locations for its customers in Denver, to 151, and nearly quadrupled the number of those locations […].

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How Cannabidiol Products Are Infusing Luxury Retail

PYMNTS

That means otherwise straightforward and common small business duties, like banking , taxes and payroll, can be problematic for firms in the cannabis industry that are legally required to operate almost entirely in cash. Those complexities are well-known and often covered.

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Report: Amazon Slows Alexa Staff Hiring To Improve Margin

PYMNTS

Amazon has put some hiring on hold in its Alexa operation amid the pandemic, Bloomberg reported, citing two unnamed sources. The six targeted cities include New York, Phoenix, San Diego, Detroit, Dallas and Denver and will be a part of an investment in excess of $1.4

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How Self-Service Retail Is Becoming Mainstream Retail

PYMNTS

And vending machine operators are behind that mental reset as they contemplate their own futures since vending machines no longer have to be about junk food bought with cash. Vending machines aren’t about soda and salty snacks anymore — even if, at the consumer level, that’s what most people think of when they think about the technology.

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Can Trust Fuel B2B Sharing Economy Growth?

PYMNTS

At least that’s the gist of a recent report out of Denver, where, according to the city’s main local newspaper , a Denver startup called venUse aims to become an Airbnb of commercial spaces. And investors are still pouring capital into companies operating in the sector.

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