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Opendoor Trims Employees And Perks

PYMNTS

Opendoor , the startup that operates an online platform for buying and selling homes, “is reshuffling staff and scaling back on a time-honored startup perk: free lunch,” according to a report from Bloomberg. The report went on to say that “Opendoor, most recently valued at $3.8

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Tuesday Morning Seeks Chapter 11 Bankruptcy Protection

PYMNTS

To decrease its outstanding liabilities and bolster its total financial position, Tuesday Morning Corporation said in a statement that it has filed for Chapter 11 bankruptcy to pursue “financial and operational reorganization.” The retailer, which was started in 1974 and is based in Texas, has roughly 700 locations throughout the nation.

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eScooter Startup Lime Exits 12 Markets, Fires 14 Pct. Of Staff

PYMNTS

Lime is striving to reach profitability in 2020 and is laying off about 14 percent of its workforce — roughly 100 people — and ceasing operations in 12 markets, according to reports on Thursday (Jan. LimePass will be released in cities across the nation, as well as in New Zealand and Australia.

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Scottsdale Community Bank: Making microloans

Independent Banker

The technology it uses allows it to maximize efficiency while minimizing costs in its operations. Scottsdale Community Bank’s Lemonade Stand Loan Program offers microloans—up to $25,000 each—to small businesses and individuals who own businesses or operate nonprofit organizations.

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Five At Five: Amazon To Offer Yext On Alexa Devices

PYMNTS

Consumers will be able to get hours of operation, location, contact information and other data, just using voice commands. The standard was built with 10 multi-national corporate firms and 12 leading banks. Waymo To Offer Self-Driving Rides To Walmart Customers In Phoenix. Meanwhile, Waymo is working with DDR Corp.

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Coronavirus Update: Target Increases Pay, Provides Bonuses; Asda To Bring Over 5,000 Workers Onboard

PYMNTS

The coronavirus is changing retail compensation, operations, logistics and hiring. The firm, which is owned by Alphabet, had already suspended operation of its self-driving fleet with drivers in the vehicles. The company has operations in multiple nations such as the United Kingdom and Australia.

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5 New Year’s Resolutions For Any Sized Bank That You Must Get Right in 2023

South State Correspondent

In addition, they may consider focusing on these five critical areas: Improve Operating Leverage. To improve the quality of their earnings, banks need their number one focus to be on making their operations more efficient. To the extent projects improve operating leverage and the total experience, so much the better.