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Paytm Seeks BigBasket Partnership To Take On Flipkart, Amazon

PYMNTS

India-based eCommerce marketplace Paytm Mall wants to work more closely with regional retailers and team up with eCommerce grocery service BigBasket to compete with Flipkart and Amazon, according to recent Reuters reports. Delivery through its Prime Now offering was launched in Columbus, Dayton, Greater Washington, D.C.,

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Target Expands Same-Day Shipping In NYC

PYMNTS

Target has announced it is expanding its same-day shipping service through Shipt across stores in 10 regions within the greater New York City metro area. households across 180 markets, reaching a total of 80 million households. If that is achieved, the service will be available to 65 percent of U.S.

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Stress testing revisited to avert risk and improve risk ratings

Abrigo

Avert Risk The OCC’s October 2012 Supervisory Guidance notes that financial institutions that perform stress testing “have the ability to minimize the impact of negative market developments more effectively” than those that do not have a stress testing process in place.

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The Warehouse Building Rush Brought By eCommerce

PYMNTS

Ecommerce is really changing the shape of the market,” said Perry Colosimo, a FedEx spokesman, in a written statement. “We All in, developers have added 56 million square feet of space, and the market has grown a staggering 25 percent. The neighborhood itself is a virtual who’s-who of America retail: Walmart Stores Inc.,

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Grocery Tracker: Instacart’s National Push

PYMNTS

markets and is slated to roll out to four more this week in Detroit, Columbus, Ohio, Las Vegas and the Rio Grande Valley region of Texas. This expansion, along with free membership offers to Instacart Express in Texas and the Midwestern markets above, will mean that the startup will look to hire at least 1,000 new employees.

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