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Peloton Rival Equinox Snags Funding From Silver Lake

PYMNTS

Luxury gym operator Equinox has secured funding from Silver Lake, an equity firm, in its continuing bid to compete with exercise giant Peloton, according to a report by Bloomberg. Terms of the funding were not disclosed. Equinox already has around 100 locations throughout North America and the U.K., Peloton’s shares fell 4.9

Exercises 136
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ClassPass CEO On Getting The Fitness Industry Back Into Fighting Shape

PYMNTS

Navigating the pandemic-altered landscape has been difficult for fitness operators forced to close their physical locations and translate in-person services into digital offerings. He said that consumers still like the immersive and varied exercise experiences that in-person gyms are uniquely able to offer.

Industry 207
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Examining industries: The importance of industry analysis for financial institutions

Abrigo

Are there high capital or technological costs? In the past, technology has pushed older products into obsolescence, but today, delivery systems can also change the operations of many industries. Books are easier to buy online than in a store, for example, which may impact your decision to bank a new bookstore.

Analysis 195
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‘reCommerce’ Marketplaces Eye Sustainability, Partnerships

PYMNTS

Wainwright noted that the first step in automating its inbound operations involved pricing. While the company made much progress on pricing automation , Wainwright noted that it also exercises human oversight to ensure that it capitalizes on market opportunities. She also noted that a core value of the company is sustainability.

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What if it’s a perfect storm? Stronger evidence that insurers should account for co-occurring weather hazards

BankUnderground

By better modelling how this relationship might raise insurers’ capital risk we can more firmly argue that insurers’ model assumptions should account for key dependencies between perils. Taking whole years, we investigated how the level of capital required to remain solvent is affected. Error bands are 95% confidence. (b)

Capital 84
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Bankers: Here's What We Do

Jeff For Banks

We offer an online portal where clients can view their reports down to the general ledger level. We guide your institution into creating an operating plan, or the "how" to strategy execution. Some financial institutions consider strategic planning a regulatory exercise or look to do it themselves to save money.

Groups 85
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Is Small Business Lending Facing a ‘Moment of Reckoning?’

Gonzobanker

While online lenders Kabbage and OnDeck lent $2 billion and $2.5 billion, respectively, to small businesses in 2018, PayPal is now the largest online small business lender in the United States, with over $4 billion funded in 2018. Source: DeBanked ) Square Capital lent about $1.6 Contact us today to learn more.

Lending 125