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Small Business Banking Catching Up in Innovation Race

Bank Innovation

There are quite a few lending solutions these days for small businesses -- Funding Circle, OnDeck, Kabbage, and Square Capital, to name a just a few -- but innovation and digitization are lagging in other areas, such as digital account opening. Enter Gro Solutions, a sales and marketing platform for financial institutions.

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For Visa, She’s Next Is What’s Next

PYMNTS

30 kickoff in Atlanta will include access to experts from Visa and entrepreneurs operating both nationally and globally. Notably, at the Atlanta event, participants from Visa, Square and Yelp will participate in the workshops. An inaugural Jan. For example, Simon said, the Jan. India and Mexico.

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5 New Year’s Resolutions For Any Sized Bank That You Must Get Right in 2023

South State Correspondent

Because many banks are now producing below their cost of capital, growth further exacerbates their issues and drives them out of business (likely through a sale) faster. Without the windfall of profit accrued to banks in 2022 because of faster-than-expected rate increases, banks will need to be better allocators of capital.

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Sift Science Eyes Global Fraud Prevention With $53M In Funding

PYMNTS

According to Venture Beat , this latest round of funding was led by Manhattan-based VC firm Stripes Group, with participation from existing investors that include Union Square Ventures, Insight Venture Partners and Spark Capital. based Featurespace and Atlanta-based Pindrop. For example, Palo Alto-based Simility received $17.5

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DoorDash Dives Into Grocery Delivery Business

PYMNTS

DoorDash’s on-demand grocery service is a nice addition to our online shopping options, and with delivery in under an hour, we know Smart & Final customers are going to appreciate it.”. The service launched in Atlanta, Chicago and Denver.

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Possible Sale Of Cars.com Comes Amid Stronger Digital Ties For Automotive

PYMNTS

The paper reported that, in May, the online retailer “added two directors to its 11-member board that were nominated by activist investor Starboard Capital. The service said it attracts some 19 million unique monthly visitors to its online automotive marketplace. and autoscout24.de.

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‘Costco For Millennials’ Attracts Big Investors

PYMNTS

With warehouses in New Jersey, Dallas, Las Vegas and Atlanta, Boxed offers bulk-sized products similar to those found at big warehouse retailers like Costco Wholesale. The investment was led by GGV Capital and Digital Sky Technologies, with participation from Founders Fund, AME Cloud Ventures and Vaizra Investments.