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Dave posts first quarterly profit since 2016 inception

Bank Automation

For the first time since it was founded in 2016, digital bank Dave posted a profitable quarter. The $391 million company’s growth is due to continued investment in advanced technology […]

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Retailers continue to fine tune mobile experiences

Payments Dive

If 2015 was a defining moment for mobile use in retail, then 2016 showed the industry what is possible as merchants continued to fine-tune their app experiences for consumers. And they will continue along that path well into 2017 and beyond.

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Wells Faces Continued Scrutiny After Scandals

PYMNTS

Wells Fargo ’s woes, which began in earnest in 2016 when a scandal involving millions of fake accounts created to boost numbers came to light, are continuing and don’t show any signs of abating any time soon, according to a report by Reuters.

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FinovateFall 2024 Best of Show Winners Announced

Finovate

We are especially grateful for our attendees and sponsors, whose support continues make our Finovate conferences among the most anticipated events in our industry. Let’s also raise a glass to all of our demoing companies for their innovations in fields ranging from regtech and payments to lending, wealth management, and beyond.

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Walmart continues ecommerce growth in Q3 2016

The Paypers

in Q3 2016 without taking into consideration sales from Jet.com, acquired for USD 3.3 (The Paypers) Walmart US ecommerce has grown 20.6%

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McDonald’s Continues Digital Push With Dedicated Team

PYMNTS

It also continues to pursue partnerships with food delivery companies and to make significant investments in technology. She has been at McDonald’s since 2016, where she helped to grow the company’s nascent delivery business to over $4 billion in just three years. She will serve as the new chief digital customer engagement officer.

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The State of Fintech in 5 charts: Funding rebounds due to Stripe, while deals continue to fall

CB Insights

Unicorn births fall to 1 for the first time since 2016. The post The State of Fintech in 5 charts: Funding rebounds due to Stripe, while deals continue to fall appeared first on CB Insights Research. Fintech M&A exits rebound, increasing 15% QoQ. Banking funding and deals hit lowest levels since Q2’17. Want the full post?