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Never A Dull Moment: The Wild Week With CurrentC, Uber And Lending Club

PYMNTS

CurrentC has announced its curtain call, Uber moved to sweeten the deal for its drivers and Lending Club proved the firm is far from out of surprises. After what has undeniably been a strange trip, MCX is officially pulling the plug on the collaborative effort of retailers to create their own, mobile-only, merchant-centric payment network.

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Gonzo Notes from Money20/20

Gonzobanker

We are rotating the team, as Misters Kilmer and Weikart reported that rehab from BAI Retail Delivery is taking a bit longer than estimated.) By 2019, eMarketer is forecasting $210 billion in spend and estimating that mobile payments will surpass payment cards. Innovation we saw that we’re all not talking about enough: lending.

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Looking back on Money 20/20

Celent Banking

In addition to a stand-alone app, Chase Pay will also be available as a payment option inside CurrentC, the wallet that MCX has been piloting in Columbus OH, the results of which were presented and greeted with a tentative applause during another keynote at Money 20/20. The third theme seemed to be a little more contentious.

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