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Carvana Stock Falls Short On First Day Of IPO

PYMNTS

Founded in 2012, the Phoenix-based company sells cars through its website and operates automated towers that store cars in U.S. I think all the financial metrics are born of the other things, such as the user experience that we focus on,” Carvana CEO Ernie Garcia told Barron’s. “We Carvana Co.,

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Airbnb Offers Multifamily Financing Solution Through RealtyShares

PYMNTS

The toolkit provides owners, operators and developers of multifamily buildings with resources for long-term tenants who want to rent out their space. Now RealtyShares will provide the building’s owners and operators with financing to buy, refinance, and renovate their properties.

Phoenix 102
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Acquire or Be Acquired 2023: Disruption ‘Comes Home’ to Banking

Gonzobanker

Digital Transformation – More Digital Than Transformative As bankers shared notes on recent technology investments, it is clear that there has been more digitization of how bankers already do business rather than a rethink of how to create a customer experience and operate the business with new tools and capabilities.

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Grocery Round-Up: SNAP’s Delivery Expansion, Amazon’s No Charge Pick-ups And The Store Building Binge

PYMNTS

Meanwhile, in Arizona, low-cost supermarket chain ALDI has plans to add two new stores to the Phoenix area in early November. We’re thrilled to continue expanding in the Southwest, and we take great pride in reaching this milestone as we open our first Arizona stores,” Aldi Group Director of Operations and Logistics Tom Cindel noted.

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Walmart’s Allswell Goes On Tour; Target To Expand Debut Of New Loyalty Program

PYMNTS

As it stands, all of the retailer’s online operations and stores are currently operational. cities — Phoenix, Denver, Kansas City, Indianapolis and Charlotte. Charlotte Russe also has a debtor-in-possession funding commitment for up to $50 million. The offering, which is dubbed Target Circle, will make its debut in five U.S.

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Chase Initiative Sparks Debate Over ‘Bank Deserts’ And SMBs

PYMNTS

percent drop that “reflects the industry’s ongoing evolution to serve customers more effectively while reducing operating costs.” Banks are consolidating their services and capabilities into fewer branch locations, meaning each individual branch is in a “stronger position” to service customers.

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Car Commerce Tracker: Self-Driving Tech Companies Weigh In On California Policy

PYMNTS

Working with Mastercard will help us deliver the best possible customer experience by aligning all of our business units and dealers under one payment gateway that is fast, secure and has global scale,” said Ed Vogt, GM’s director of eCommerce, U.S. sales operations.