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Capital One Said to Buy Walmart Card Portfolio, Zero In on Digital Collaboration

Bank Innovation

Capital One Financial has reportedly acquired Walmart's card receivables, the bank's chairman and CEO, Richard Fairbank, said yesterday. Terms of the transaction were not disclosed.

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Today In Retail: Bed Bath & Beyond Inc. Enters Deal To Sell Cost Plus; Authentic Brands Might Buy Arcadia GroupĀ and Debenhams

PYMNTS

has entered into a definitive deal to sell Cost Plus World Market to Kingswood Capital Management, while Authentic Brands is reportedly in discussions with Arcadia Group and Debenhams. has entered into a definitive arrangement to sell Cost Plus World Market to Kingswood Capital Management. Riley Securities Inc.

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Capital One Misses On Q4 Revenue As Card Loans Increase

PYMNTS

Capital One ā€™s domestic card loans increased 8 percent in the fourth quarter of 2018 , the bank said on Tuesday (Jan. billion, a jump Capital One said was mainly due to a 65 percent increase in marketing expenses. Capital One takes over for Synchrony Financial , which had a nearly 20-year relationship with the retail chain.

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BankBazaarā€™s Co-Brand Model Powers FY23 Revenue Up 60% to Rs.160 Cr

BankBazaar

National, March 30, 2023: BankBazaar.com , Indiaā€™s leading fintech co-branded Credit Card platform and online provider of free Credit Scores, closed FY23 with net revenue of ā‚¹160 crore. Media Contacts Nanda Padmanabhan | BankBazaar | nanda.padmanabhan@bankbazaar.com The post BankBazaarā€™s Co-Brand Model Powers FY23 Revenue Up 60% to Rs.160

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Press Release: BankBazaar Marks Third Year of Growth; Hits Rs. 215 Crore Revenue

BankBazaar

BankBazaar.com, Indiaā€™s leading fintech co-branded Credit Card platform and online platform for free Credit Score, marks its third consecutive year of fast and sustainable growth, with an unaudited operating revenue of Rs.215 in co-brand Credit Cards in force compared to the previous year. 215 Crore in FY24.

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Wells Fargo Seeks Bidders For Private-Label Credit Card Unit

PYMNTS

The banking group has started reaching out to possible bidders, but still hasnā€™t made a definitive decision as to whether it will actually sell the unit, which specializes in store-branded credit cards, according to a Bloomberg report. A recent Nilson report estimated Wells Fargoā€™s share of private-label card spending at 5.75

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Bed Bath & Beyond Finishes Sale Of Cost Plus World Market To PE Firm

PYMNTS

19) that it has finished its sale of Cost Plus World Market (CPWM) to California-based private equity firm Kingswood Capital Management, according to a statement. announced that it had entered into a definitive agreement to sell Cost Plus to Kingswood. Bed Bath & Beyond Inc. said on Tuesday (Jan.

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