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Lowe’s Q2 Earnings Beat Expectations

PYMNTS

The home improvement retailer reported net income of $1.52 We posted solid results this quarter by capitalizing on delayed spring demand,” said President and CEO Marvin R. Lowe’s announced its second quarter earnings and sales, beating out analysts’ expectations. billion ($1.86 billion ($1.68 per share) the previous year. percent. “I

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Guest Post: 2013 Economic Year in Review and Outlook by Banker Dorothy Jaworski

Jeff For Banks

But in nine short months of 2013, you and the Fed stumbled with mixed signals and miscommunication and the markets pushed the 10 year Treasury yield up by 130 basis points to 3.00%, removing all of the good attained by QE over the years. and Janney Capital Markets at 2.1% Businesses are still cautious in capital spending.

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FinTech Partnerships With FI Marked By Global Scope

PYMNTS

In addition, corporate clients will be able to apply for working capital loans and make vendor and salary payments. In Africa, the biggest private bank in Kenya, CBA, has cemented a partnership with a FinTech there, Ennovative Capital, a Kenyan firm that licenses software to boost payments speeds. The tech is licensed by a U.S.

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As Classic Video Games Turn Into Collectibles, Can eCommerce Keep Up?

PYMNTS

Indeed, when it comes to younger consumers these days, eSports are reportedly on the rise (including with high school students), and are even prime part of plans to revive retail malls and to collect more states taxes , as PYMNTS has covered.

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Stripe Teardown: How The $35B Payments Company Plans To Supercharge Online Retail

CB Insights

This growth has created major opportunities in the payments space, and companies like Stripe — the payments unicorn valued at a masive $35B — are hungry to capitalize on them. The company was ultimately acquired by PayPal in 2013, and now represents a sizable chunk of its merchant business. valuation following its $80M Series C.

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How 60+ Startups Are Disrupting Retail And Commercial Banking Around The World

CB Insights

Startups targeting retail and commercial banking have been emerging globally, spurred by favorable tech regulations, an uptick in mobile adoption, and shifting customer demographics. This year in the US, JP Morgan launched mobile banking app Finn and Goldman Sachs’ retail banking arm Marcus crossed 1.5M savings accounts. Key takeaways.

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The Fintech 250: The Top Fintech Startups Of 2018

CB Insights

The 2018 Fintech 250 have raised approximately $53B in aggregate funding across 947 deals since 2013, and includes startups at different investment stages of development, from early-stage (seed/Series A) companies to well-funded unicorns. Rowe Price, Temasek Holdings, and Primavera Capital Group, among others. Please click to enlarge.

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