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

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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 β€œoperate as both physical shopping destinations and online fulfillment centers,” the company stated. β€œIn paycheck.

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Postmates Raises $100M As Online Food Delivery Heats Up

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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. Meanwhile, the eCommerce operator and logistics heavyweight continues investing in its delivery fleet.

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CoverHound Raises $58M For Expansion Of Insurance Platform

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CoverHound, the online property and casualty insurance platform operator, announced Tuesday (Feb. In a press release , the San Francisco startup that has sold more than 200,000 policies online said the Series D funding round was led by global insurer Hiscox and included participation from Chubb, Aflac Ventures, MS&AD of Japan.

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Drizly To Test Online Orders, Store Pickup

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Drizly, the alcohol delivery platform startup, is testing the ability for customers to buy online and pick up their spirits in a store. Drizly isn’t a company that operates its own stores, but rather it works with liquor stores in 27 markets around the United States that give Drizly their inventory and pricing lists.

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N26’s UK Customers Scramble After Bank’s Exit

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Online bank N26 ‘s decision to exit the U.K. The Berlin-based digital bank said it would not be able to operate in the country anymore in the wake of Brexit, as it will no longer have a license to do business there. By comparison, competitor Monzo has 3.6 has customers feeling left behind, CNBC reported.

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Why Two-Thirds Of SMBs Find Themselves Dissatisfied With Online Lenders

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As diverse as they may be, they share a few common characteristics: an automated online application process, the use of proprietary algorithms to determine creditworthiness and a focus on speed and inclusivity. On that score, online lenders have been successful, according to a just-released study from the Cleveland Federal Reserve.

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Fed: Two-Thirds Of SMBs Say They Are Dissatisfied With Online Lenders

PYMNTS

As diverse as they may be, they share a few common characteristics: an automated online application process, the use of proprietary algorithms to determine creditworthiness and a focus on speed and inclusivity. On that score, online lenders have been successful, according to a just-released study from the Cleveland Federal Reserve.

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