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Why The Biggest US Retailer Will Stick To Stamps

PYMNTS

Quick: Who’s the biggest retailer in the U.S.? In terms of sheer size and locations, the United States Postal Service (USPS) is the biggest retailer in the country, with 31,000 locations covering pretty much every town. Now, a new report is asking a good question: What if the post office expanded its retail offerings?

Retail 169
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Upcoming Celent discussion at the American Banker Retail Banking conference

Celent Banking

Next week I will be moderating a panel discussion at American Banker´s Retail Banking Conference in Austin about the competitive pressures of community institutions. It’s an important topic that Celent discussed in a report published last year: And Then There Were None: The Disappearance of Community Banks.

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ManoMano eComm Platform Snags $139M To Hire 200 Employees

PYMNTS

Temasek led the funding round, with Bpifrance, Eurazeo, General Atlantic, Piton Capital and Kismet Holdings also participating in this latest funding cycle. The company has secured $344 million in total since 2014. ManoMano previously raised $125 million in April of last year.

Online 130
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Visa Makes Minority Investment In Brazil Payment Company Conductor

PYMNTS

Conductor, which has been backed by Riverwood Capital since 2014, is a key technology processing platform for retailers, banks and other companies in Brazil, according to the press release. The payment reinforces an existing partnership between the two, Visa noted in the press release.

Company 128
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Banks Keep SMB Lending Gains Rolling

PYMNTS

“When you combine a strong economy, healthy retail demand and the willingness of small business owners to reinvest their savings from tax cuts, it creates a positive atmosphere for small business lending ,” said Rohit Arora, Biz2Credit CEO, in a statement. Business owners are bullish on the economy.”. Lawmakers are currently probing the U.S.

Lending 102
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Store Front Business Index: Main Street USA, A-OK?

PYMNTS

One of the most significant: the health and importance of small businesses, and in particular, the “mom and pop” shops that line the main streets and side streets of our local communities. This quarter’s edition shows what happened, through the end of 2015, to the businesses that keep our local communities thriving and surviving.

Maine 100
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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. Stripe’s early success in acquiring customers was largely due to its mass appeal to the developer community. Get the full report. How Stripe makes money .

Online 98