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Telehealth Service Puts A Retail Spin On Its Business Model

PYMNTS

Fruit Street – a virtual one-stop-shop specializing in digital diabetes diagnosis and treatment – has partnered with vegetarian meal kit purveyor Purple Carrot to add a retail angle to its health advisory service. In fact, the $17 million raised by the company since its founding in 2014 has come strictly from those physicians, not VC funding.

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Mastercard Partners With Four Retailers For Pay By Bank App

PYMNTS

Mastercard is collaborating with four eCommerce retailers — WHSmith.co.uk, Funky Pigeon, Cult Pens and The Card Gallery — to offer the Pay by Bank app to online shoppers, Mastercard announced in a press release on Friday (Oct. ’s Faster Payments service to give users the option of paying for goods with their bank account.

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The Resurgence of NFC

Celent Banking

This is the time of the year when we begin to cast our eye back to 2014 as well as forward to 2015, and reflect on the top trends we are seeing in the market. Without a doubt, the biggest event in payments in 2014 was the launch of Apple Pay. of iPhone 6/ 6+ users have never tried Apple Pay, and only 4.6%

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How 2015 is Different for Retail Banks

Banking 2020

The retail banking industry has seen major changes occurring in the industry over the last few years with the adoption of mobile banking, the rise to prominence of the millennial demographic, narrowing margins, stagnant top line revenues, the future of the branch and continued regulatory changes. Digital Banking. Cyber vulnerabilities.

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The Challenger Bank Playbook: How 6 Digital Banking Startups Are Taking On Retail Banking

CB Insights

Digital banking startups — or challenger banks — have gained traction over the past few years by bringing retail banking services mobile. customers since 2014. customers since 2014. We define challenger banks as fintech companies leveraging technology and software to digitize and streamline retail banking. First Name.

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Qapital Raises $12 Million, Adds Debit Card Functionality

Fintech Labs Insights

Offering debit card functionality will not only drive users to the app, it will also lead to a new revenue stream from interchange fees. The company’s founders George Friedman and Erik Akterin plan to “rewrite the rules of retail banking” by helping millennials “translate money into happiness.”

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Can FinTech Walk The FinTalk?

PYMNTS

Additionally, LendingClub’s stock has lost 88 percent of its value since its 2014 IPO. LendingClub makes unsecured personal loans to consumers, mostly to consolidate and pay off credit card debt and more recently to refinance auto loans. They have a big incentive on their books to make sure that happens. Digital Banks.

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