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New York Venture Bank Seeks National Bank Charter

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New York Venture Bank, a new financial institution (FI) created by big names in the financial services industry, has applied for a national bank charter. The new FI is looking to provide commercial banking products and services to businesses in New York and other markets in the U.S.

New York 100
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Amazon Gains Ground In Holdout Markets

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Not every product launches smoothly (RIP Fire Phone ), not every new endeavor delivers (Amazon’s flirtations with offering a travel platform ended abruptly) and not every new market immediately yields. Amazon still has mountains to climb, even as the market is softening toward them. So, what’s the hold up?

Marketing 237
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The Antiques Market Bids Heavy On eCommerce

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If there’s any industry that has been slow to transition online, it’s antiques. Two recent moves from leading arts and antique dealers are leading a trend toward online arts and antique buying. Now we’re going to take a smaller storefront and concentrate more online. We’re finally knocking down the barriers online.”.

Marketing 151
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National Restaurant Association Framework Aims To Close Gap Between Restaurants And Aggregators

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Amid the commission caps, and amid the pandemic’s tailwind that has spurred a great digital shift toward food delivery through online channels – might eateries and aggregators be partnering to navigate a post-COVID future? That roster includes Washington State, New Jersey, Chicago and New York City. percent and 37.6

National 160
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NY Mag To Open Pop-Up Shop; Amazon Go Plans New York Store

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Magazines have been testing the waters of brick-and-mortar retail by opening temporary stores in major cities, and New York Magazine is no exception. The company is opening a pop-up shop in time for the holidays in the SoHo neighborhood of New York City for the company’s popular product recommendation vertical called The Strategist.

New York 135
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NY Challenges OCC’s FinTech Charter Decision

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To challenge the Office of the Comptroller of the Currency (OCC)’s decision to allow online payment companies and lenders to have national bank charters, the top banking regulator in New York is suing the federal government. A bill signed by Governor Andrew M. Vullo announced the release of that report in mid-August.

New York 173
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Paydek Collaborates With Thunes On X-Border Payments

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Paydek’s infrastructure supports an extensive international base of people and businesses as clients, with handling payments to more than 160 nations. It is anticipated that over 80 further nations are forecast to become part of the payment network of Paydek after the tie-up with Thunes.

Payments 239