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Can ‘Elective’ Fees Work For Retail Banks?

PYMNTS

In a new PYMNTS interview, Andrei Cherny, CEO at Aspiration Bank, shares with Karen Webster his experience in building this new retail banking concept over the last four years. What we’ve really done is create this category of socially conscious, sustainable retail banking that really didn’t exist before,” Cherny said. “We

Retail 116
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One Food-Ordering App To Rule Them All

PYMNTS

It’s a hungry brand, gobbling up three different food delivery competitors in the last quarter alone: Boston-based Foodler, Groupon’s OrderUp and most recently, Yelp’s Eat24. Grubhub absorbed 27 of OrderUp’s markets, including Baltimore itself, reported The Baltimore Business Journal. Foodler launched in Boston in 2005.

Baltimore 138
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Walmart Online Chief Departs

PYMNTS

Online retail is known for moving fast, and sometimes, the execs pulling all the levers behind the scenes move even faster. Walmart confirmed on Thursday (April 7) that Brian Monahan, formerly the head of marketing for the retailer’s U.S. online operations, had vacated his post effective April 1.

Online 100
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How Smaller Merchants Can Get Amazon-Style Logistics

PYMNTS

We were in those shoes in 2013 [and] 2014 when we were running our own eCommerce store,” ShipBob Co-Founder Divey Gulati told PYMNTS in an interview. “We Since then, Amazon has become such a dominant powerhouse that other retailers have had to emulate its shipping strategies. Bezos’ self-fulfilling prophecy turned out to be right.

Chicago 106
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SMB Spotlight: A Little Love From Mastercard For More To Love Yoga

PYMNTS

Mastercard’s “Grow Your Biz” contest for SMBs in Boston, Massachusetts, concluded in December. More to Love became an official business in 2013 and only continued to grow from there. Mastercard and Bank of America know it’s not easy. That’s why these industry giants make a point of giving the little guys a leg up whenever possible.

Boston 100
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Freeletics Apps-In To Customizable Fitness

PYMNTS

Which is why Munich-based Freeletics is trying to disrupt the fitness market with a customizable training app that requires no equipment. Founded in 2013, the firm has recently raised its first ever capital round of $45 million after almost five years of bootstrapping. According to some estimates, Americans on the whole waste $1.8

Training 144
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Merchants Gone Wild: The Surcharge Edition

PYMNTS

Since about mid-December of 2018, checking out in the stores here in Boston has become even more of a hassle. This newfound friction is the result of the City of Boston passing a bill that bans plastic bags and gives merchants the right to charge for ones made of paper. The ability for merchants to surcharge in the U.S. is nothing new.