Walmart to fast track supplier payments, SMBs wary of stimulus loans, Life inside America on lockdown

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March 26, 2020

Live Virtual Event: How We Bank

How Banks Can Tap Trust As Their Foundation For Innovation

Two things that modern consumers want from whoever handles their banking needs are physical branches and confidence that firms won’t misuse private data. Barry Baird, head of payments capability and delivery at TD Bank, tells Karen Webster in last week’s live virtual event, “How We Bank,” that those are both areas where traditional banks beat both tech giant contenders and challenger banks. See what you missed.

 

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TeleHealth

The Therapist Is In, Online

At the same time that anxiety levels are rising, talking to a therapist in person has become almost impossible due to social-distancing rules. Neil Leibowitz, chief medical officer of tele-therapy platform Talkspace, tells Karen Webster that’s why his firm has seen such a sharp upturn in interest from both patients and providers — and why the pandemic could spark a permanent shift in how therapy gets done.

 

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Financial Institutions

Helping Small FIs Make Banking Services As Seamless As Taking An Uber

Community banks and credit unions must realize that consumers who shop in Amazon Go stores or take Uber will expect the same type of seamless experience where they bank. Connie Davis, senior vice president at FIS, tells PYMNTS how smaller financial institutions (FIs) can get there.

 

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Automated Retail Tracker™

How Farmer's Fridge Uses Cloud-Based Inventory For Smart Vending

Vending machines have increasingly moved beyond salty snacks to offering a variety of fresh food options, something that CEO Luke Saunders, of fresh meal vending solutions provider Farmer’s Fridge, tells PYMNTS represents special inventory challenges. In the Automated Retail Tracker, Saunders discusses how cloud-based tools can help capture real-time data and strategically target offers to nearby customers, while keeping machines well-stocked.

 

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Navigating The COVID-19 Pandemic Brief

Life Inside America On Lockdown

Two weeks into lockdown and brick-and-mortar purchases are down 73.3 percent, but digital purchases aren’t necessarily picking up the slack. So what would it take to close this gap? For the Navigating COVID-19 Pandemic Brief: Life On Lockdown Edition, PYMNTS surveyed 1,923 about how COVID-19 has transformed the way Americans shop, pay and live — and what they need to be comfortable getting back to business as usual.

 

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