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Grubhub Offers Eateries $30M In Promo Support During COVID-19

PYMNTS

Chicago-headquartered delivery unicorn Grubhub said it will spend $30 million to help support more than 100,000 independent restaurants and regional franchises as the coronavirus pandemic changes everyday life, the company announced on Thursday (April 2). Grubhub is donating its services to oversee the ordering and delivery operation.

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Corporate banking in China: my crystal ball grows cloudy

Celent Banking

China’s growth into a global economic powerhouse and its resilience during the financial crisis contributed to a nearly 20% CAGR for corporate banking operating income across the top four banks from 2004 to 2014. Similarly, these banks enjoyed a 17% CAGR for corporate banking customer deposits.

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South Korean Starbucks Accepts Alipay For Tourists

PYMNTS

Owned and operated by Ant Financial Services Group, Alipay is the world’s largest online and mobile payment platform. Launched in 2004, Alipay currently boasts more than 520 million active registered users. The recent news also makes it the first third-party mobile payment method available in Starbucks locations throughout South Korea.

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Popular Foundation Awards $216,000 in Grants to Nonprofit Organizations

PopularBank

Since 2004, the Popular Foundation has awarded over $2.9 Notably, grant winners are located throughout the regions Popular Bank serves and focus on the areas of education and youth, health and supported living, and community development. million dollars to grass-roots organizations. Fresh Youth Initiatives, Inc. New York, NY.

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How The Fed Will Impact Your Deposit Beta

South State Correspondent

Therefore, we would expect industry beta to be closer to that seen in the 2004 to 2007 tightening cycle of 40% to 50%. Those community banks that do not directly compete against national, regional or online lenders will also have lower betas. How to Apply to Your Bank.

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Uber of X: greenRush is The Uber of Cannabis

PYMNTS

Not until 2004 did cannabis become legal for non-medical use in certain areas of the country. For the retailer, there are real technological barriers: Most retailers have limited technology experience — even the more sophisticated operators — and many do not have even basic websites.

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Got $25 Million? Six Payments Execs Share Their Post-Pandemic Startup Ideas

PYMNTS

That’s the highest level since 2004. There’s] a lack of proper CRM tooling, or modernized tooling, or there’s a lack of a super app in our region.”. The payment relationships, whether B2B or B2C, he said, exist as the most fundamental relationships between parties especially for banks — not the accounts or the treasury operations.

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