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Texas digital-only bank offers miles instead of interest

Bank Innovation

As digital banks strive to lock in customers, a Texas-based newcomer to the industry is betting on travel miles as an incentive. Bask Bank, a fee-free digital savings bank created and funded by Texas Capital Bank, launched earlier this week with “thousands of customers.”

Texas 221
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Music Crafts New Melodies For Retail Innovation

PYMNTS

But no matter the case, music is a big part of the retail world, and is helping to create new harmonies of innovation and disruption. Apple isn’t the only band on the radio when it comes to changes in music retail in early 2020. Others don’t. New Partnerships and Services.

Retail 151
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Why Brick-And-Mortar Merchants Are Tapping Into Unattended Retail

PYMNTS

To help meet customer expectations in the digital age, retailers have to know who their shoppers are and what they want. While eTailers already have this information about consumers, brick-and-mortar retailers don’t have this in-depth knowledge. They can also help capture the ages, genders and emotions (in some cases) of shoppers.

Retail 198
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Welcome To The New C-Store Innovation Game

PYMNTS

Retail innovation labs – incubators or tech hubs – aren’t confined to operations run by the likes of Amazon or Walmart. A new lab store from 7-Eleven underscores the innovation wave that is taking place in the convenience store sector of retail – a sector ripe for change, disruption and growth. stores with the innovation.

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Drive.ai To Launch Self-Driving Car Pilot In Frisco, Texas

PYMNTS

Drive.ai , the California self-driving car startup, announced Monday (May 7) that it is launching an on-demand self-driving car service pilot in Frisco, Texas. The rides will be available within a geofenced area that is compromised of retail, entertainment and office space. In a press release , Drive.ai said in the press release.

Texas 129
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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
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Tech Giants’ Hill Testimony Reveals CEO Views On Competition — And Innovation

PYMNTS

from Cuba, and he (Bezos) spent formative summers on his grandparents’ ranch in Texas. For Google’s Pichai, innovation “has been a lifeline for so many businesses, especially during the global pandemic.” More than 80 retailers in the U.S. Like Pichai, Bezos said Amazon’s chosen verticals are fragmented.