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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. As online sales surge during the pandemic, the retailer plans to test a new concept at four stores that will “operate as both physical shopping destinations and online fulfillment centers,” the company stated. “In Stores: Walmart, 11,500; Target, 1,868.

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Online/Digital Account Opening: A Bridge and A Moat

Abrigo

Offering Digital Consumer and Commercial Accounts Benefits Financial Institutions Banks and credit unions that enable online/digital account opening win new customers and members and retain existing ones. . Takeaway 1 Many financial institutions are adding or improving online or digital account opening capabilities. .

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Online insurance comparison engine Caribou reaches $1.1B valuation. Caribou competitors in the insurance search engine space are CoverHound, Insurify, Jerry, and The Zebra.

CB Insights

Caribou , an online insurance comparison engine, has raised $115M in a Series C. The round drew participation from Goldman Sachs Asset Management, Accomplice, and Firebolt Ventures, among others. <span The post Online insurance comparison engine Caribou reaches $1.1B Download the report to learn more.

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Helping Nonprofits Embrace Cash Management

PYMNTS

The following Deep Dive analyzes the spend management challenges these charitable and humanitarian groups face, as well as how workforce spend management and electronic procurement tools could help them more effectively manage their expenses. . average is 66 percent, by comparison. Spend Control Challenges And Solutions.

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Scalability in Banking and Digital Transformation Example

South State Correspondent

SBA Lending – The Digitized Comparison To contrast traditional SBA lending, let’s look at similar economics for a digitized line whereby the customer utilizes an online or mobile platform and both lenders and credit personal have the workflow digitized for efficiency. You can’t manage what you cannot measure.

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Money Management During The Coronavirus Crisis

BankBazaar

Therefore, smart money management is critical to survival through this period. HOW TO MANAGE CASH. The dos and don’ts of liquidity management. Use UPI-based apps and online transfers. There are two broad concerns: managing existing investments and making fresh investments. HOW TO MANAGE LOANS. AVOID PANIC.

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Postmates Raises $100M As Online Food Delivery Heats Up

PYMNTS

But consolidation looms, according to some observers, and online food delivery services will eventually have to shift more focus away from consumers and toward restaurant operators in order to thrive in a crowded marketplace. It raised $250 million last year in a growth round co-led by Coatue Management and DST Global.

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