article thumbnail

Aldi debuts Grabango checkout tech at Chicago-area store

Payments Dive

The retailer is working with artificial intelligence startup Grabango to offer the service for the first time in the U.S. at a location in the Chicago suburb of Aurora, Illinois.

Chicago 468
article thumbnail

Illinois Predatory Loan Prevention Act signed into law and now effective

CFPB Monitor

On March 23 , Illinois Governor Pritzker signed into law SB 1792 , which contains the Predatory Loan Prevention Act (the “Act”). The new law became effective immediately upon signing notwithstanding the authority it gives the Illinois Secretary of Financial and Professional Regulation to adopt rules “consistent with [the] Act.”.

Illinois 148
Insiders

Sign Up for our Newsletter

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

article thumbnail

Lumin Digital To Power Banking, Bill Pay For University Of Illinois Credit Union

PYMNTS

Lumin Digital has signed a multi-year contract with the University of Illinois Community Credit Union (UICCU) that will have Lumin’s cloud-based platform serve as the credit union’s digital banking solution for retail banking and bill payment.

Illinois 131
article thumbnail

The Helpful Robots Of Automated Retail

PYMNTS

High-level market intelligence about the $18 billion expected to be invested over the next three years is a major focus of the March 2020 Automated Retail Tracker™ from PYMNTS , which serves as a bimonthly breakdown of developments in this rapidly growing business sector. Amazon Go’ Cashless. And Amazon and 7-Eleven aren’t alone.

Retail 140
article thumbnail

US Jobless Claims Remain Historically High At 840,000

PYMNTS

26 were in Maryland (3,619), Illinois (3,414) where layoffs in retail and healthcare fueled the number of applications, New Jersey (2,504), Michigan (2,358) and Massachusetts (1,886), while the largest decreases were in Texas (7,075), Florida (6,655), Georgia (5,895), New York (5,112) and Oregon (2,317). That contrasts with 1.4

US 286
article thumbnail

Brookfield Asset Earmarks $5 Billion To Help Struggling Mall Retailers

PYMNTS

Brookfield has been moving in on mall-centric retail for some time, acquiring all of the stake for U.S. Brookfield also spent time grabbing Las Vegas-based Fashion Show and Illinois’ Oakbrook Center in recent years. Last year, over 9,000 retail stores closed in the U.S., mall owner General Growth Properties (GGP) in 2018.

Retail 141
article thumbnail

Retailers Increasingly Turn To AI For Security And Efficiency

PYMNTS

Artificial intelligence (AI) is moving from cool concept toward everyday consumer reality, and signs of that innovation are increasingly appearing in the retail space. Take the issue of retail security as one example. Retail Trust and AI.

Retail 149