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Here Is a Comparison of 6 Bank Pricing Strategies

South State Correspondent

The lack of a data-driven pricing strategy is one major reason why most banks produce under their cost of capital. Should a bank’s capital deteriorate or the deposit customer take on more risk, the relationship changes. The cost can include various expenses, such as operational, funding, capital, risk, and taxes.

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Whole Paycheck Tracker: Target, Walmart Comparison Uncovers Different Digital-First Strategies

PYMNTS

By a strict look at the macro numbers, Target still pales in comparison. And when attention turns to loyalty programs, the comparison is even more dramatic. The more standard one is the Capital One-issued rewards card. It’s worth looking at how the two brick-and-mortar champions, Walmart and Target, stack up.

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Payments funding plummets in 2022

Payments Dive

This year’s venture capital funding activity in payments paled in comparison to 2021’s record-setting year.

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Top News In Payments: Antitrust Probe For Google Shopping Comparison Tool; Visa Warns Of Rise in Gas Station POS Cyberattacks

PYMNTS

Department of Justice is expanding its antitrust probe to include Google’s online shopping comparison tool, and Visa warns of an increase in fuel dispenser POS cyberattacks. US Antitrust Regs Probe Google’s Shopping Comparison Tool. Also, Uber is negotiating the sale of Uber Eats to India’s Zomato.

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Q4 2019: US credit card issuer snapshot

Accenture

Purchase volume YoY growth of 7% in Q4 is lower in comparison to Q3 YoY growth by ~100 bps, and lower than Q4 2018 YoY growth by ~130 bps. Chase and Capital One continued to lead YoY purchase…. Key themes Receivables growth of 4% YoY in Q4, slightly above the 3.5% YoY growth in Q3.

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Mobile Banking Firm Chime Gets $14.5B Valuation With New Funding

PYMNTS

Chime primarily makes money as clients use their cards in comparison to typical financial institutions that make money on fines and debt. The index measures startups with a value in excess of half a billion that are venture capital-backed. The company is geared toward U.S. consumers who make from $30,000 to $75,000 annually.

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OnDeck, Kabbage, CAN Capital Join Forces

PYMNTS

Another SME financing advocacy group has been formed, this time by OnDeck, Kabbage and CAN Capital. In another statement, CAN Capital CEO Daniel DeMeo said his company believes “that the key to the success of our industry rests on the success of the small businesses we serve.”.

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