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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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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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Gobble Teams Up With Walmart To Sell Meal Kits Online

PYMNTS

Gobble claims that approximately half of their customers are between the ages of 35 and 44 years old — by comparison, only about a quarter of Blue Apron’s customers fall into that age range. Walmart customers can buy them in the store or through its online grocery pickup service.

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QuickBooks Strengthens Reports, Adds Enterprise Diamond Tier

PYMNTS

Stronger report functions for QBO Accountant and QuickBooks Online have come with a refresh of the accounting software programs in June. With the updates, users can also make more that one comparison in an individual report such as past period and period year-to-date.

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