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How Singapore Is Fueling A ‘Smart Nation’

PYMNTS

Singapore is on a mission to build up a Smart Nation by utilizing innovation and technology to create opportunities and strengthen communities. Startups are estimated to employ nearly 300,000 on the island nation. Singapore is poised to become the world’s first country to make the notion of a “Smart Nation” an actual reality.

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Community FIs Battle Against Low Interest Rates To Help SMBs Thrive

PYMNTS

When the company was founded in 2005, Premal had initially turned to one of the big names in banking, but ultimately decided to go with a community bank to service the organization. The reality is, anyone can give out capital," Shah continued. "It Fueling Small Business Recovery. Surviving Low Interest Rates.

Community 193
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Why The Biggest US Retailer Will Stick To Stamps

PYMNTS

However, the report notes that the USPS may not have the expertise or capital to enter those markets. France’s postal operator, La Poste Group , established a bank in 2005 to provide banking services through its retail facilities. It recommends that the USPS weighs the costs and benefits. billion in 2018, which was down from €5.6

Retail 169
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Today In Data: Credit Scores Up, But Bank Confidence Down

PYMNTS

Here’s the good news and the bad, by the numbers: 700 | Average credit score around the country as of April 2017, marking a one-point increase since the fall and the highest average credit score for the nation since 2005. 20 percent | Consumers viewed as the riskiest from a credit perspective – a new low, down from 20.5

Data 109
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B2B FinTech Startup MC Payment Grabs Funding

PYMNTS

million from an investment firm in Thailand, as well as participation from Aura Funds Management, tryb Capital and Perle Ventures. “In particular, we are excited to partner with 2W Group to enter Thailand, and we are honored to be a part of the National ePayment Master Plan that aims to build a cashless society.”

Fintech 100
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Another One Bites The Dust: Toys ‘R’ Us Files For Bankruptcy

PYMNTS

The debt load came care of a 2005 $7.5 billion buyout by private equity investors KKR, Bain Capital, and Vornado Realty Trust. All stores outside those nations — approximately 255 licensed stores and a joint venture partnership in Asia — are separate entities and are not included in this bankruptcy filing.

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

PYMNTS

The more standard one is the Capital One-issued rewards card. That compares to 68 percent of consumers who report belonging to Amazon Prime — a program that launched in February 2005 and now counts 150 million members globally. A PYMNTS study of a census-balanced sample of 2,165 consumers conducted Oct.