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Goldman Leads $50M Funding For Credit Card Startup Deserve

PYMNTS

Goldman Sachs is the lead investor in a $50 million funding round for credit card startup Deserve, CNBC reported on Monday (Nov. Deserve offers credit cards to nontraditional consumers and sells its cloud-based platform to companies wanting to launch their own branded cards.

Cards 101
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CUs Use AI, Cloud-Based Tools To Drive Member Engagement

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Los Angeles-based immigrant-focused technology solution provider Welcome Technologies has announced that it has selected PSCU to provide processing and support services for its first credit card offering. Deep Dive: Why Contactless Payment Offerings Are Crucial For CUs Amid The Pandemic.

Tools 276
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Online Gambling: Why Disbursement Options Are Not Keeping Up With Customer Expectations

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Kindred Group, which also supports gambling platforms in Europe and Australia, has been operating its Unibet brand in New Jersey and Pennsylvania for about a year. the vast majority of other payouts are handled by ACH or prepaid cards, which are relatively faster but do not support instant funds access. in the next year.

Online 142
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Decoupled Debit — Again?

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It’s the decoupled debit card. Capital One made the headlines then – a genius move, many called it at that time, for an issuer that lacked demand in deposit accounts and had no other way to provide a debit-like offering that would make their brand sticky to consumers. Merchants paid less when they accepted those cards.

Branding 184
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When Loyalty Is Unattended Retail’s Key Feature

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To help build customer loyalty, eCommerce and brick-and-mortar retailers have a myriad of tools on hand: Cashiers can sign customers up for loyalty cards at brick-and-mortar stores, and eCommerce sites can send customers special offers and coupons by email. We love shrinking down, and bringing the design and technology a whole new flavor.

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Walmart Amazon Whole Paycheck Tracker: 150M Prime Members And Super Bowl Commercials Take The Field

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He added that he fully expects that “we’ll start to lap this,” and costs will become more efficient as volume grows, new routes are put into place and additional delivery technology is added into the mix. In other news, Amazon saw strong performance out of AWS, which brought in $9.95 The Allswell brand, however, seems safe.

New York 133
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Walmart Amazon Whole Paycheck Tracker: New Expansions, Partnerships And Reorganizations

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The partnership would apply Goldman’s lending technology to SMB loans on Amazon’s underwriting platform, according to unnamed sources. The loans themselves would reportedly be co-branded. Of Goldman’s $7 billion in consumer loans and card balances in 2019, card lending accounted for “a significant portion.”.

Austin 131