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Aura is using grocery stores to market installment loans to the underbanked

Bank Innovation

For Aura, an online lending platform for low-income families, reaching underbanked borrowers means going beyond the bank setting and working with retailers to reach customers who may be overlooked by traditional lenders.

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Apparel, Embracing Digital, Drives Innovation In Retail

PYMNTS

Apparel used to be mostly a brick-and-mortar retail experience, but that has changed drastically over the last few years – and has been one of the main innovations when it comes to commerce related to the clothes we wear. But at this point, it is also mostly table stakes in the race to bring apparel retail online. Better Fit.

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Can Banks Solve their Small-Dollar Loan Problem with Fintech Partnerships?

Bank Innovation

Aura, a San Francisco-based fintech offering affordable loans to low to moderate-income households, wants to partner with banks to offer those loans to consumers who have traditionally been unable to secure them from larger institutions.

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Amazon Go Has Spawned Imitators, But Also Innovation

PYMNTS

While not exactly an empire yet, the online retailer launched its 13th store in New York City last month and it features the ability to use cash, answering a complaint that’s been lodged at unattended retail generally. Zippin , a new cashierless convenience store, has launched in San Francisco with the goal of reducing typically long lines.

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Stripe Expands In Europe, Inks JCB Tie-Up In Japan

PYMNTS

Stripe, a technology company that allows businesses to make and receive online payments, has launched in five more European countries, the San Francisco firm announced Wednesday (May 27). Europe’s fast-growing online economy has been fueled by the shift to online purchases as a result of the COVID-19 pandemic.

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DraftKings To Merge With Other Companies, Go Public

PYMNTS

Online betting company DraftKings is merging with two other companies and going public, according to a report by the Boston Business Journal. The company currently has offices in New York, New Jersey, San Francisco and Las Vegas. The company is going to merge with Diamond Eagle Acquisition and SBTech.

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DraftKings To Merge, IPO At A $3.3B Market Value

PYMNTS

Online betting company DraftKings is merging with two other companies and going public, according to a report by the Boston Business Journal. The company currently has offices in New York, New Jersey, San Francisco and Las Vegas. The company is going to merge with Diamond Eagle Acquisition and SBTech.

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