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Digitization Could Halt Corporate Banks’ Shrinking Profits, Analysts Say

PYMNTS

The Boston Consulting Group (BCG) has released a new report that suggests corporate bankers may be able to halt shrinking profits through digital transformation. The trend is even worse among Western European FIs, with shrinking profits prevalent among 57 percent of institutions in this region, reports said.

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Whole Foods’ 500th Store Features Eateries

PYMNTS

Whole Foods Market South Region President Bobby Turner said, according to the outlet, “Whole Foods Market Midtown will be a true gathering space for the community.” While there were only 25 American food halls in 2010 per reports, there are expected to be 200 food halls in the U.S.

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The Top 20 Venture Capitalists

CB Insights

He received his MBA in 1993 from UT Austin before joining Credit Suisse First Boston as an Equity Research Analyst, where he focused on computer hardware and software. He stayed with the company through its acquisition by Amazon in 2009 and joined Sequoia Capital as Partner in October 2010. BILL GURLEY. JEFF JORDAN. MARY MEEKER.

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A Deep Dive into the Distribution of the FICO Score Across the US

FICO

Encouraging news for everyone -- all 50 states (and the District of Columbia) have seen their average FICO ® Scores as of April 2019 increase when compared to their average scores at the height of the great recession period (2009-2010). Paul and Boston. MSA 1 (City) Level View. At the MSA level, we see similar trends.

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Fintech Favorites

Fintech Labs Insights

Having originally launched its dev platform in 2010, Mastercard this week announced an expansion of its platform that provides third-party developers single location access to more than 25 updated APIs in categories like payments, data, security, and financial inclusion. Mastercard ( FD14 ) launches its developer portal (again). and Europe.

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The Future Of Housing: From Home Building To City Planning, Tech Giants & Startups Are Reimagining Where & How We Live

CB Insights

Asimov predicted the exploding population would cause US cities like Boston and New York to converge along the coast into combined super-urban bodies, while suburban communities would have to expand downwards, building subterranean homes. T3 is one of the largest timber buildings in North America.

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Who’ll Rule The Future Of Commerce?

PYMNTS

The Grand Bazaar was the mastermind of the ruling Ottoman Empire , which thought that organizing thousands of merchants into a single location for shoppers to visit would establish Istanbul as an important trading center, boost economic development in the region and add to the ruling party’s wealth. For centuries, it did.

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