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Report: Instacart Is Mulling IPO

PYMNTS

Representatives of grocery-delivery powerhouse Instacart have met with investment bankers to explore taking the company public, the Financial Times (FT) reported. 8) that it had received $200 million in new capital from existing investors Valiant Peregrine Fund and D1 Capital Partners, boosting Instacart's valuation to $17.7

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Return Season Hits Hard; Some Retailers See Bright Side Of Customer Experience

PYMNTS

With Mastercard putting a 49 percent tag on the eCommerce spike for the holidays, this year will be the toughest on record for handling what is a resource- and capital-intensive task. In fact, forward-thinking retailers are looking at the return process as a chance to create a positive customer experience.

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Capital One To Focus On Digital, Close 37 Locations

PYMNTS

Capital One is going to increase its focus on digitization and close 37 branches around the U.S., according to a report by Yahoo Finance. Our customers are increasingly engaging with us digitally,” said Capital One spokesman Derek Conrad. “We Net income CAGR was 8.2 percent throughout the same time period.

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Report: Robinhood Eyes Potential IPO

PYMNTS

Stock trading and investment platform Robinhood Markets has reached out to financial institutions for positions in an initial public offering (IPO), Bloomberg reported, citing unnamed sources. Investors providing the new funding included 9Yards Capital, Andreessen Horowitz and Sequoia.

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WSFS taps blockchain firm Intain to automate capital markets transactions

Bank Innovation

WSFS Bank is working with Intain, a blockchain firm based in Chennai, India, to help automate capital markets transactions. based bank, a subsidiary of WSFS Financial, said it’s using Intain’s blockchain-based tool to facilitate trustee reporting for asset-backed securities transactions. The Wilmington, Del.-based

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CAN Capital Announces Another Leadership Change With New CEO

PYMNTS

Alternative small business (SMB) lending platform CAN Capital announced on Wednesday (Jan. CAN Capital added Siciliano from commercial financing company Marlin Business Services , where he served in a variety of roles, including CEO and chief operating officer. 9) that Edward J.

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Corporate digital delivery channels and the customer experience

Celent Banking

Celent feels (and others agree) that it’s important that banks deliver an omnichannel digital customer experience, but the term means different things to different people. A consistent financial institution brand experience is important to corporate clients, but the experience needs to be tailored to each client segment’s unique needs.