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Square Capital Pulls eBay Into SMB Lending Space

PYMNTS

Bloomberg reported Tuesday (July 24) that eBay will begin offering merchants up to $100,000 in financing through Square Capital. The report also highlighted how eBay is working with PayPal rivals, Square and Apple Pay, following its split from PayPal in 2015.

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Perficient to Present at Fintech Generations 2021

Perficient

In the session “Differentiating Your Brand for the Digital Era,” Scott will discuss how financial services companies can leverage digital technologies in new and innovative ways to create new value for consumers and businesses.

Fintech 462
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Today In Retail: Birkenstock Might Sell To CVC; Cognira Releases AI Suite For Retail

PYMNTS

In today’s top retail news, Birkenstock is said to be in discussions for a sale to CVC Capital Partners, while Cognira has released its AI Promotion Solution. Plus, Jennifer Lopez is depending on Flowcode for marketing of her new JLo Beauty brand. Birkenstock Discusses Potential Sale With CVC Capital Partners.

Retail 239
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Coolest Brands 2016: BBVA‘Innovate or Die’

Bank Innovation

2015, CEO Francisco Gonzalez said, “Some bankers and analysts think that Google, Facebook, Amazon or the like will not fully enter a highly regulated, low-margin business such as banking. BBVA has a lot more going on than Simple, cool as that acquisition was. I disagree. What is more, Read More.

Branding 170
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Yum! Brands Beats In Q1, Pizza Hut A Weak Link

PYMNTS

Brands (YUM) beat out earnings and revenue estimates for Q1, though numbers were still down year-on-year. Brands is already well underway, helping us deliver a solid start to 2017 with core operating profit growth of 9% in the first quarter,” said CEO Greg Creed in the release. percent to $67.78 in early-morning trading. billion in Q1.

Branding 100
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Frugal Consumers Buying More Off-Brand, Off-Price Products

PYMNTS

This newfound cost consciousness is reshaping the retail industry in everything from spurring the rise of fast fashion at the expense of mall “anchor stores,” to the increasing popularity of off-brands or store brands in the supermarket, to the shift in the apparel business, to off-price retail outlets over full-priced department stores.

Branding 100
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Victoria’s Secret Sale Explored As CEO Could Step Down

PYMNTS

After almost six decades as chief executive, L Brands CEO Leslie Wexner is reportedly in talks to leave his position as head of his retail empire. Shares of L Brands Inc., The company, which also owns the Pink and Bath & Body Works chains, has a sub-$6 billion market value, a far drop from its $29 billion peak in 2015.

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