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Data Dive, Go Big Edition: Apple, Amazon And CloudKitchens

PYMNTS

And while the last week had no shortage of players pushing ahead with big moves, there were three that managed to put up some pretty staggering early-season numbers. The fee-free card is Goldman Sachs’ latest inroad into the retail consumer business after establishing its online Marcus brand in 2016, which makes unsecured personal loans.

Apple 101
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Innovation in the Asset Management industry

Tefkin

While other sectors attract more mainstream press attention (payment, retail banking), the asset management industry is also deeply affected by “software eating the world” Asset Class Competition. Traditional asset management companies are increasingly facing competition on both sides of the performance scale.

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Drizly: The Amazon of Alcohol

PYMNTS

And Boston-based D rizly ’s news yesterday of its $15 million in Series B funding was a noteworthy milestone, for sure. . Most local liquor store retailers don’t have websites, which means that they don’t have online product catalogues for starters. Th ere’s a reason there isn’t a lot of a lcohol sold online.” .

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How to Offset an Evaporating Data Center

Gonzobanker

Numerous applications, including card processing, online banking and bill pay, are overwhelmingly being outsourced. Industry-specific tech talent is consolidating and migrating to programmer and megabank community hotspots in San Jose, Seattle, San Francisco, Boston, Raleigh, Charlotte, Atlanta and Phoenix.

Data 63
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Mega-Rounds Boost Funding In Restaurant Tech

CB Insights

July 2017 saw the two largest-ever restaurant tech deals: a $151M private equity investment by Vista Equity Partners to Providence-based Upserve , and a $101M Series C (with participation from Bessemer Venture Partners, Generation Investment Management, and Lead Edge Capital) to Boston-based Toast.

Trends 28
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Sizzle Or Fizzle: Restaurants Rule, FireEye Flounders And Lending Club Is Back On The List

PYMNTS

So, while seemingly paling in comparison, this week had its fair share of Sizzles — and some interesting Fizzles. Then, there was the announcement of Square Capital’s partnership with Upserve , a restaurant management system (the same one that also acquired Breadcrumb from Groupon in May) to extend working capital to restaurants.

Lending 100
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Fintech Fundings: 15 Companies Raise $125 Million Week Ending May 1

Fintech Labs Insights

HQ: Boston, Massachusetts. Online auto insurance comparison site. Online & mobile payment solutions in Southeast Asia. Online real estate investment platform. Household bill management solution. Tags: Home management, bills, billpay, expense sharing, payments, mobile. Digital currency provider.