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Steal This 5-Step Banking Innovation Playbook from Gentle Monster

South State Correspondent

Leveraging social media, Gentle Monster started to get traction. The tactic worked – in 2013, Gentle Monster’s oversized glasses were used to portray the main character of a huge Korean drama show. How Banks Can Leverage: While not exactly a banking innovation, banks can better allocate capital to COIs.

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ZeroFOX Notches $74M To Tackle Cyberattacks

PYMNTS

Cybersecurity firm ZeroFOX closed a $74 million funding round led by Intel Capital that will be used to advance cyberattack detection and remediation, VentureBeat reported on Thursday (Feb. Existing investors NEA, Highland Capital Partners, Redline Capital Management, Hercules Capital and Core Capital also participated in the funding round.

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Google’s Waze Acquisition Likely Target Of FTC Scrutiny

PYMNTS

In June 2013, the FTC approved Google’s acquisition of the Israeli company behind the crowdsourced navigation app Waze. Waze was considered by some to be part social media site, part navigation app. “It billion purchase of mapping app Waze , Bloomberg reported on Friday (Feb. It was a bad deal that should have been blocked.”.

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Twitch Buys Bebo In eSports Push

PYMNTS

The growth path of the company in addition to the larger opportunity in social media helped it get acquired by AOL for approximately $850 million in 2008. The company was sold to Criterion Capital less than two years after, and the Birches purchased it for $1 million in 2013.

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2019: Big Payment, Commerce And Tech IPOs Loom On The Horizon

PYMNTS

years in 2013, according to a recent estimate. A robust supply of private capital reportedly is one of the main reasons for that, along with corporate cultures that are averse to public markets. Among the most anticipated are IPOs that will impact the mobility-as-a-service and ride-hailing ecosystems, social media, and data analytics.

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Brand Differentiation – How One Bank Is Producing 132% Profit Growth

South State Correspondent

Thus, where most banks would focus on a referral program, Nubank ranked the quality of the referee and allocated more capital into acquiring the customer they referred. Xpeers are customer support help reachable by phone, chat, social media, or email. Step 4: Reallocate Advertising Dollars into Customer Service.

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Thought starter: Top challenges accountants face and actionable ideas to solve them

Abrigo

Thomas also cites human capital as a challenge for the industry, which is increasingly common as the American demographics shift. Also related to the human capital challenge and a generational shift, the CEO comments is fostering students to take the CPA exam. Image source: Rubiks.com. Blog Accountant'